Category Archives: News

General News & Press Releases distributed via EuropaWire

Dassault Aviation Expands Use of 3DEXPERIENCE Platform for Enhanced Fleet Maintenance

(IN BRIEF) Dassault Aviation has extended its utilization of Dassault Systèmes’ 3DEXPERIENCE platform, hosted on a sovereign cloud, to enhance the maintenance, repair, and overhaul (MRO) processes for its Rafale aircraft fleet serving the French Ministry of Armed Forces. The … Read the full press release

bp and BWT Alpine F1 Team Join Forces to Boost Energy Efficiency and Sustainability

(IN BRIEF) bp and BWT Alpine F1 Team have announced a partnership focused on enhancing energy efficiency and sustainability at the Alpine F1 Team’s Enstone facility in Oxfordshire. The collaboration leverages bp’s advanced data measurement and analysis tools, including DIGBOX®, … Read the full press release

TotalEnergies Agrees to 5% Salary Increase and Value Sharing Bonus for French Employees

(IN BRIEF) TotalEnergies has signed a wage agreement for 2024 with majority approval (71%) from the CFE-CGC, CFDT, and CAT trade unions. The agreement covers approximately 14,000 employees in France who fall under the Common Corpus of Employee Relations Agreements … Read the full press release

Equinor to Acquire Shell’s Stake and Operatorship of Linnorm Discovery in Norwegian Sea

(IN BRIEF) Equinor has reached an agreement to purchase Shell’s equity stake and operatorship of the Linnorm discovery in the Norwegian Sea. This acquisition will grant Equinor a 30% interest in PL 255, which covers the Linnorm discovery, subject to … Read the full press release

CUPRA and Wilson Introduce Revolutionary LT Padel Racket Inspired by UrbanRebel Racing Concept

(IN BRIEF) CUPRA, in collaboration with Wilson Sporting Goods Co., has revealed the innovative CUPRA Wilson LT Padel Racket, the third racket developed under this partnership. Designed entirely by CUPRA and crafted by Wilson, the racket draws inspiration from CUPRA’s … Read the full press release

Claudia Cordioli Appointed as Zurich Insurance Group’s New CFO

(IN BRIEF) Zurich Insurance Group has announced the appointment of Claudia Cordioli as Group Chief Financial Officer (CFO), effective from March 1, 2024, pending regulatory approval. Cordioli will also become a member of the Executive Committee. She will succeed George … Read the full press release

Orange Acquires Treasury Shares for Long-Term Incentive Plans

(IN BRIEF) Orange has announced its purchase of treasury shares as part of its 2023 share buyback program. These shares have been acquired to fulfill obligations related to long-term incentive plans designed for corporate officers and senior employees. These incentive … Read the full press release

European Payments Initiative (EPI) Completes Successful Account-to-Account Instant Payment Transactions with wero

(IN BRIEF) The European Payments Initiative (EPI) has achieved a significant milestone by successfully completing its first account-to-account instant payment transactions using its newly developed solution, wero. In a proof of concept conducted between Sparkasse Elbe-Elster in Germany and Banque … Read the full press release

Groupe BPCE Announces Key Leadership Appointments to Drive Growth and Transformation

(IN BRIEF) Groupe BPCE has made significant senior executive appointments to strengthen its leadership team. Corinne Cipière has been named the Chief Executive Officer of BPCE Assurances, responsible for life & personal protection insurance and non-life insurance. Philippe Setbon has … Read the full press release

Central German S-Bahn Network 2025+: Siemens Mobility’s €500 Million Order for 75 Mireo Trains

(IN BRIEF) Siemens Mobility has secured a significant order worth around €500 million to deliver 75 Mireo trains for the “Central German S-Bahn Network 2025+” (MDSB 2025+) project. The order includes 41 three-car Mireo trains, 18 four-car Mireo trains, and … Read the full press release

Repsol Receives First Shipment of Used Cooking Oil for Spain’s First Renewable Fuels Plant

(IN BRIEF) Repsol’s industrial complex in Cartagena has welcomed the arrival of the first ship carrying 7,500 tons of used cooking oil, which will serve as a raw material for Spain’s inaugural renewable fuels plant. As part of its transformation … Read the full press release

Škoda Auto Ventures into Fortnite with ‘Out of Bounds Odyssey’ to Connect with Gen Z Gamers

(IN BRIEF) Škoda Auto, known for its innovation in the digital realm, is reaching out to younger audiences by introducing its brand within the popular online video game Fortnite. The carmaker has crafted a unique gaming experience with the Fortnite … Read the full press release

BNP Paribas Launches Climate Impact Infrastructure Debt Initiative to Finance Climate Change Mitigation

(IN BRIEF) BNP Paribas has introduced the BNP Paribas Climate Impact Infrastructure Debt initiative, backed by BNP Paribas Asset Management (BNPP AM), BNP Paribas Corporate & Institutional Banking (BNPP CIB), and BNP Paribas Cardif, as part of their aligned commitments … Read the full press release

Mercedes-Benz Extends Management Contracts of Key Executives and Proposes New Member for Supervisory Board

(IN BRIEF) During a recent Supervisory Board meeting, Mercedes-Benz Group AG announced the extension of management contracts for two key executives. Sabine Kohleisen, the Board Member for Human Resources & Labour Director, had her contract extended until November 30, 2025, … Read the full press release

Catherine Macaulay of Schroders Wins Young Professional of the Year Award at Environmental Finance Impact Awards

(IN BRIEF) Catherine Macaulay, the Impact Investment Lead at Schroders, has been honored with the Young Professional of the Year/Rising Star award at the Environmental Finance Impact Awards. The awards recognize the contributions of impact investors worldwide and showcase best … Read the full press release

Yara Expands Organic-Based Fertilizer Business with Acquisition of Agribios Italiana

(IN BRIEF) Yara, a global leader in agricultural solutions, has announced the acquisition of Agribios Italiana’s organic-based fertilizer business, strengthening its commitment to regenerative agriculture and soil health in Europe. By combining Agribios’ expertise in organic-based fertilizers with Yara’s reach … Read the full press release

Four New Members Join TU/e Young Academy of Engineering to Foster Collaboration and Innovation

(IN BRIEF) The TU/e Young Academy of Engineering (EYAE) has welcomed four new members who will serve a four-year term, contributing to the advancement of knowledge exchange, research funding, and closer collaborations between industry and the university. The new members … Read the full press release

Outokumpu Completes Share Repurchase Program: Acquires 170,090 Own Shares

(IN BRIEF) On December 12, 2023, Outokumpu has successfully completed its share repurchase program, buying back a total of 170,090 of its own shares on trading venues CEUX and XHEL. The repurchase program, which was announced on November 29, 2023, … Read the full press release

Outokumpu and Siemens Collaborate on World’s First Towards-Zero Stainless Steel for Sustainable Medium-Voltage Switchgear

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, and Siemens, a technology company, have announced a partnership to use Outokumpu’s Circle Green®, a stainless steel variant with up to a 93% lower carbon footprint than the industry average, … Read the full press release

ANDRITZ to Deliver Second P-RC APMP Line to Dezhou Taiding for Pulp Production Expansion

(IN BRIEF) ANDRITZ, the international technology group, has secured an order from Dezhou Taiding New Material Science and Technology Co., Ltd. in China to provide a second chemi-thermomechanical (P-RC APMP) line for their mill in Pingyuan County, Shandong Province. The … Read the full press release