Category Archives: News

General News & Press Releases distributed via EuropaWire

EIB Group Investment in Czechia Spurs Greener Infrastructure, Boosts Small Businesses, and Drives Innovation

(IN BRIEF) In 2023, the European Investment Bank Group (EIB Group) made significant investments totaling €1.88 billion in the Czech Republic, focusing on initiatives to enhance regional development, economic resilience, and environmental sustainability. The largest loan, amounting to €985 million, … Read the full press release

EQT Infrastructure Terminates Planned Acquisition of Italy’s Largest Mobile Network from Wind Tre

(IN BRIEF) EQT Infrastructure VI fund has confirmed the termination of its agreement to acquire a majority stake in Italy’s largest mobile network from Wind Tre, as announced on May 12, 2023. The decision to terminate the transaction was made … Read the full press release

GKN Powder Metallurgy Attains EcoVadis Platinum Rating, Setting Industry Standards in Sustainability

(IN BRIEF) GKN Powder Metallurgy has achieved the prestigious EcoVadis Platinum Rating, positioning the company in the top 1% globally for sustainability performance across its 27 manufacturing sites. Recognized for excellence in Labour & Human Rights, Environment, Ethics, and Sustainable … Read the full press release

Covestro Unveils Breakthrough in Green Chemical Production: Bio-Based Aniline Marks Milestone in Circular Economy Drive

(IN BRIEF) Covestro has inaugurated a groundbreaking pilot plant at its Leverkusen site, heralding a significant leap in chemical production. This innovative facility is set to produce aniline—a crucial chemical component—solely from plant biomass, departing from traditional petroleum-based methods. Aniline … Read the full press release

Unveiling the Enablers: Pioneering Study Targets Kleptocracy’s Collaborators

(IN BRIEF) In a groundbreaking initiative, researchers from the University of Exeter and the University of Oxford, in collaboration with the Organized Crime and Corruption Reporting Project (OCCRP), are embarking on a major study to identify the “red flags” of … Read the full press release

Transition at Le Livre de Poche: Audrey Petit to Lead as Managing Director

(IN BRIEF) Audrey Petit, currently the Editorial Director of Le Livre de Poche, is set to become the new Managing Director as Béatrice Duval steps down from her role, effective March 31, 2024. Duval, who has led the publishing house … Read the full press release

Bentley Unveils Exclusive Private White V.C. Bentayga, Honoring War Hero’s Legacy

(IN BRIEF) Bentley Motors introduces the one-of-a-kind Private White V.C. Bentayga, a bespoke collaboration between Bentley Manchester and Mulliner, paying tribute to the heroic legacy of Private Jack White. This limited edition Bentayga, already sold to a local enthusiast, embodies … Read the full press release

Siemens Appoints Todd Weatherby as CEO of Advanta, Bolstering Digital Transformation Expertise

(IN BRIEF) Todd Weatherby, a seasoned executive with extensive experience in the technology sector, has been named as the Chief Executive Officer of Siemens Advanta, effective March 1, 2024. With a background encompassing leadership roles at renowned technology companies like … Read the full press release

BAE Systems to Upgrade U.S. Navy’s MQ-25 with Advanced Vehicle Management System

(IN BRIEF) BAE Systems has been chosen by Boeing to enhance the vehicle management system computer (VMSC) for the U.S. Navy’s MQ-25 unmanned aerial refueling system. This upgrade will boost computing power, address obsolescence concerns, and streamline the aircraft’s performance, … Read the full press release

Webuild’s Environmental Leadership Recognized with ‘A-‘ Rating in Climate Change Programme 2023

(IN BRIEF) Webuild, a global leader in the fight against climate change, has received an “A-” rating in the Climate Change Programme 2023 by CDP (formerly Carbon Disclosure Project), surpassing the average ratings of both the European region and the … Read the full press release

InvestEU Programme and EIF Join Forces to Boost Social Enterprises and Creative Sector in Catalonia

(IN BRIEF) With support from the InvestEU programme, the European Investment Fund (EIF) and the Catalan Finance Institute (ICF) have entered into a capped portfolio guarantee agreement to leverage €64 million in financing for social enterprises and entities in the … Read the full press release

Vredeveld Group Revolutionizes Fleet Management with Continental’s ContiConnect Digital Tire Monitoring

(IN BRIEF) The Vredeveld Group, a leading logistics company in the Netherlands, has implemented Continental’s ContiConnect digital tire monitoring technology across its modern fleet, resulting in significant improvements in fleet efficiency, fuel consumption, and carbon emissions reduction. With a fleet … Read the full press release

Telstra and Ericsson Collaborate with AMD for Energy-Efficient 5G Core Deployment

(IN BRIEF) Telstra and Ericsson have unveiled a groundbreaking deployment of high-density microprocessors from Advanced Micro Devices (AMD) within Ericsson’s Cloud Native Infrastructure Solution (CNIS), bolstering Telstra’s 5G Core functions with notable energy efficiency. The deployment features AMD’s Genoa processors, … Read the full press release

Vodafone Romania Partners with Ericsson to Accelerate 5G Deployment and Network Upgrade

(IN BRIEF) Vodafone Romania has selected Ericsson as a key partner for upgrading its current infrastructure and deploying 5G networks, aiming to bring enhanced connectivity speeds, low latency, and reliable performance to consumers and enterprises. Under the six-year agreement, Ericsson … Read the full press release

Fortum Receives A- Rating for Climate Efforts in 2023 CDP Report

(IN BRIEF) Fortum achieved an A- rating for its climate efforts in the 2023 Carbon Disclosure Project (CDP) report, showing significant improvement from its previous B rating. The company’s enhanced score reflects advancements in risk disclosure, value chain engagement, and … Read the full press release

Rheinmetall Breaks Ground on New Ammunition Factory to Bolster Germany’s Defence

(IN BRIEF) Rheinmetall AG is undertaking a significant strategic initiative to enhance Germany’s national security preparedness by constructing a new ammunition factory, “Werk Niedersachsen,” at its Unterlüß site in Lower Saxony. This factory, with an investment volume of around €300 … Read the full press release

Lightsource bp Receives Investment Award at UK-Greek Business Awards

(IN BRIEF) Lightsource bp, a leading solar energy developer, has been honored with the Investment Award at the inaugural UK-Greek Business Awards, organized by the British Embassy Athens and the British Hellenic Chamber of Commerce. This recognition highlights the company’s … Read the full press release

NatWest Regional PMI Survey Signals Broad Economic Growth Across UK Regions

(IN BRIEF) The latest NatWest Regional PMI® survey reveals a positive start to the year for most areas of the UK, with business activity expanding across ten out of twelve regions and nations. London and the West Midlands led the … Read the full press release

NatWest and Beauhurst Startup Index Reveals Record Year for UK Entrepreneurship in 2023

(IN BRIEF) The NatWest and Beauhurst Startup Index released today unveils a landmark year for entrepreneurship in the UK, with over 900,000 new companies incorporated, marking a record high. Despite economic challenges such as inflation and operational costs, the surge … Read the full press release

Metso Secures EUR 10 Million Contract for Copper Flash Smelting Furnace Rebuild with Aurubis Bulgaria AD

(IN BRIEF) Aurubis Bulgaria AD has contracted Metso for a significant copper Flash Smelting Furnace rebuild project in Bulgaria’s Zlatitsa-Pirdop Valley, surpassing EUR 10 million in value. This collaboration marks another milestone in the longstanding partnership between the two companies, … Read the full press release