Category Archives: News

General News & Press Releases distributed via EuropaWire

2Africa Subsea Cable Extends to Canary Islands, Enhancing Global Connectivity

(IN BRIEF) The world’s largest subsea cable system, 2Africa, has expanded to the Canary Islands, improving connectivity and providing additional capacity for global telecommunications services. In collaboration with Vodafone and the Council of Tenerife, the cable system landed on the … Read the full press release

BAE Systems and AMS Collaborate to Provide Artillery Systems Support in Ukraine

(IN BRIEF) BAE Systems and AMS Integrated Solutions Ltd have entered into an agreement to jointly offer specialized support for artillery systems used in Ukraine, particularly those produced by BAE Systems. This partnership aims to provide repair and support services … Read the full press release

Jörg Vocke Appointed CEO of Siemens Real Estate, Succeeding Zsolt Sluitner

(IN BRIEF) Effective from March 1, 2024, Jörg Vocke will take over as the new CEO of Siemens Real Estate (SRE), the real estate subsidiary of Siemens. Reporting directly to Ralf P. Thomas, Chief Financial Officer of Siemens AG, Vocke … Read the full press release

Indosuez Wealth Management Reveals Investment Outlook for 2024: A Year Full of Opportunities

(IN BRIEF) Indosuez Wealth Management has presented its investment outlook for 2024 during its Global Outlook presentation. As 2023 concludes with decreasing inflation and monetary policy normalization, the year 2024 is expected to offer promising prospects for investors. Key insights … Read the full press release

Škoda Auto Launches Project ONE Log for Streamlined Logistics Transformation

(IN BRIEF) Škoda Auto is embarking on a significant logistics transformation through Project ONE Log, aimed at implementing a unified logistics system using SAP technology. This move involves replacing various existing systems with a standardized SAP solution, streamlining logistics processes … Read the full press release

Study Urges Recognition of Patients’ ‘Lived Experiences’ in Diagnosis Process

(IN BRIEF) A study led by researchers from the University of Cambridge and King’s College London highlights the importance of valuing patients’ “lived experiences” in the diagnostic process. The research, involving over 1,000 patients and clinicians, revealed that clinicians often … Read the full press release

Mercedes-Benz Secures Conditional Automated Driving License in Beijing, Paving the Way for Safe and Reliable Automated Driving in China

(IN BRIEF) On December 16, Mercedes-Benz achieved a significant milestone by obtaining conditional approval for its Level 3 conditionally automated driving system in Beijing, becoming one of the first automakers to do so. The automaker plans to conduct tests of … Read the full press release

EBRD Launches Risk-Sharing Framework with ProCredit Bank Kosovo to Boost SME Financing and Sustainability

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a risk-sharing framework for Kosovan banks, with ProCredit Bank Kosovo (PCBK) becoming the first partner bank to join. This framework allows the EBRD to share partner banks’ exposure … Read the full press release

Crisis-Resilient Partnership: EBRD Grants €150 Million Loan to Ukrenergo for Ukraine’s Energy Security Amid Ongoing Conflict

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €150 million sovereign-backed loan to Ukraine’s electricity transmission company, Ukrenergo, as part of a comprehensive effort to support Ukraine’s energy security amidst the ongoing conflict with Russia. … Read the full press release

EMA and HMAs Announce 2028 Workplan to Harness Artificial Intelligence in Medicines Regulation

(IN BRIEF) The European Medicines Agency (EMA) and the Heads of Medicines Agencies (HMAs) have jointly released a comprehensive Artificial Intelligence (AI) workplan outlining their collaborative strategy through 2028. This initiative aims to maximize the benefits of AI for stakeholders … Read the full press release

EIB Commits €200 Million Loan for Vital Nervión River Tunnel Project in Bilbao’s Metropolitan Area

(IN BRIEF) The European Investment Bank (EIB) has inked a €200 million loan agreement with Interbiak, a public entity under the Department for Infrastructure and Territorial Development of the Provincial Council of Bizkaia. This financing will facilitate the construction of … Read the full press release

African Pharmaceutical Technology Foundation Takes Major Strides Toward Building a Self-Reliant African Pharmaceutical Industry

(IN BRIEF) In a significant development for Africa’s pharmaceutical sector, the African Pharmaceutical Technology Foundation and the Rwandan Government have signed a host country agreement, paving the way for the Foundation’s operationalization. The Foundation has also forged a memorandum of … Read the full press release

EIB Grants PLN 1.5 Billion Loan to Jerónimo Martins Polska for Green Store Refurbishments

(IN BRIEF) The European Investment Bank (EIB) is providing a loan of PLN 1.5 billion to Jerónimo Martins Polska, the owner of the Biedronka retail store chain in Poland, to facilitate energy efficiency investments within its store network. This financial … Read the full press release

EIB Provides €175 Million Loan to Northern Fiber Holding Group for Northern Germany Fiber Optic Network Expansion

(IN BRIEF) The European Investment Bank (EIB) has granted a significant €175 million loan to Northern Fiber Holding Group (NFH) to support the expansion of its fiber optic network in northern Germany. This funding, in addition to the €240 million … Read the full press release

EIB’s Financing Initiatives in the Western Balkans Drive Job Growth and Investment, New Study Reveals

(IN BRIEF) A recent study, titled “The impact of the EIB’s intermediated lending to businesses in the Western Balkans,” assesses the effect of the European Investment Bank’s (EIB) intermediated lending on small and medium-sized enterprises (SMEs) in Bosnia and Herzegovina, … Read the full press release

CMA CGM Group Implements Safety Measures, Halts Vessel Journeys in Red Sea Amid Security Concerns

(IN BRIEF) The CMA CGM Group, in response to recent attacks on commercial vessels in the Red Sea Region and growing safety concerns, has taken precautionary measures to safeguard its vessels and crews. As a result, all CMA CGM containerships … Read the full press release

Industrie De Nora Receives ‘Top Investor in China Award’ for 30 Years of Successful Investment and Growth in the Chinese Market

(IN BRIEF) Industrie De Nora, an Italian multinational specializing in electrochemistry and sustainable technologies, has been honored with the “Top Investor in China Award” at the China Awards 2023 event in Milan. The award recognizes De Nora’s significant investments and … Read the full press release

AFRY Qualification Centre Attains Accreditation for Welding Procedures and Personal Certification, Enhancing Welding Service Quality

(IN BRIEF) The AFRY Qualification Centre has received accreditation from SWEDAC as an inspection body, in accordance with the international standard SS-EN ISO/IEC 17020:2012. This accreditation enables the center to issue welding procedures and provide personal certification in various welding … Read the full press release

Adidas Appoints Michelle Robertson to Executive Board, Elevating Global Human Resources and People-Centric Culture

(IN BRIEF) Michelle Robertson, a long-standing employee of adidas and previously Reebok, has been appointed as an Executive Board member responsible for Global Human Resources, People, and Culture at adidas AG, effective January 1st, 2024. She has been serving in … Read the full press release

Outokumpu Completes Share Repurchase Program, Acquiring 163,476 Shares to Strengthen Financial Position

(IN BRIEF) Outokumpu has completed the repurchase of its own shares as part of a share buyback program announced on November 29, 2023. The company repurchased a total of 163,476 shares on December 15, 2023, at a weighted average price … Read the full press release