(IN BRIEF) Siemens Digital Industries Software has unveiled the new Teamcenter SLM app on Salesforce AppExchange, developed in partnership with Salesforce. This app combines Siemens’ Teamcenter Service Lifecycle Management (SLM) solution with Salesforce Manufacturing Cloud and Salesforce Service Cloud, bridging … Read the full press release
(IN BRIEF) Shell has entered into an agreement to divest its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC), to the Renaissance consortium. This consortium comprises four Nigerian exploration and production companies and an international energy … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) is set to provide a substantial lending package of slightly over $1.038 billion (€942.6 million) to support the expansion of Northvolt’s gigafactory in Skellefteå, Sweden. This financing is a crucial component of a … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Sweden, Transportation & Logistics
Tagged EIB, Gigafactory, investment, Maroš Šefčovič, Northvolt, partnership, Peter Carlsson, sustainabilty, Sweden, Thomas Östros
(IN BRIEF) SIX and the Swiss National Bank have unveiled SIC5, the new generation of the Swiss payment system, which sets the stage for instant payments, enabling electronic customer payments to be processed 24/7 in a matter of seconds. Over … Read the full press release
Posted in Banks, Economy, Environment, Financial, Industrial, International Trade, Investment, Management, News, Switzerland, Technology
Tagged Financial, Instant Payments, investment, partnership, SIC5, SIX, sustainability, Swiss National Bank, Swiss Payment System
(IN BRIEF) The Petroleum Authority of Uganda (PAU) and Uganda’s National Bureau of Standards (UNBS) have granted approval to SGS to offer Pre-Export Verification of Conformity (PVoC) services for equipment and materials intended for Oil and Gas projects in Uganda. … Read the full press release
(IN BRIEF) Accenture’s latest report, “Work, workforce, workers: Reinvented in the age of generative AI,” emphasizes the need for business leaders to expand their focus beyond the impact of generative AI on specific tasks and roles. Instead, they should concentrate … Read the full press release
Posted in Business, Healthcare, Industrial, Ireland, Management, News, Technology
Tagged Accenture, Ellyn Shook, generative AI, Paul Daugherty, Prioritize, well-being, Worker
(IN BRIEF) R-evolution, the sustainable innovation and green-tech investment subsidiary of Hexagon, has unveiled its forest initiative called Green Cubes, aimed at accelerating global biodiversity rainforest conservation. Utilizing Hexagon’s reality capture technology, Green Cubes allows corporations to sponsor rainforest segments … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) has provided a USD 97.3 million (EUR 88.30 million) loan to Northvolt Ett AB, as part of a consortium, for the establishment of an integrated lithium-ion battery manufacturing and recycling facility in Skellefteå, … Read the full press release
(IN BRIEF) Alfa Laval has unveiled the “Free Rotating Retractor,” a highly efficient retractable cleaning device designed to address the challenges of cleaning confined spaces with hard-to-reach shadow areas in hygienic processing lines such as milk or infant powder plants. … Read the full press release
(IN BRIEF) ING has reported the completion of its €2.5 billion share buyback program, which was initiated on November 2, 2023. During the week of January 8, 2024, up to January 12, 2024, the company repurchased a total of 4,485,148 … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Financial, ING, investment, Share Buyback Program
(IN BRIEF) Prudential plc has announced the appointment of Arjan Toor as its new CEO Health, effective from February 1, 2024. This appointment is a significant step in Prudential’s strategic transformation, focusing on its Health business as one of its … Read the full press release
Posted in Business, Economy, Financial, Healthcare, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Andrew Wong, appointment, Arjan Toor, CEO Health, Customer Trust, leadership, Prudential, Solmaz Altin, transformation
(IN BRIEF) International technology group ANDRITZ has joined forces with Powerhouse Controls, a leading drive system provider, to address the modernization needs of North American paper mills while minimizing production downtime. This partnership combines Powerhouse Controls’ drive solutions with ANDRITZ’s … Read the full press release
(IN BRIEF) On January 15, 2024, Outokumpu announced the completion of its share repurchase program, where it repurchased its own shares across different trading venues. The total cost of these repurchases amounted to EUR 453,926.84. This program was initiated in … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Outokumpu, treasury shares
(IN BRIEF) The European Investment Bank Group (EIB Group) has entered into a revolving synthetic securitisation agreement with Europejski Fundusz Leasingowy S.A. (EFL) for a PLN 2 billion portfolio of leasing receivables. EFL commits to provide PLN 2.5 billion in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Small Business
Tagged EFL, EIB, Marjut Falkstedt, partnership, Poland, Projects, Radosław Woźniak, SMEs, sustainability, Teresa Czerwinska
(IN BRIEF) Paris 2024 has revealed that 80% of the 11,000 Torchbearers for the Olympic and Paralympic Torch Relays have been selected. These Torchbearers, representing diverse backgrounds, will carry the Olympic and Paralympic Flames throughout France, igniting excitement and anticipation … Read the full press release
(IN BRIEF) Astrophysicist Professor Gilles Chabrier from the University of Exeter and Ecole Normale Superieure de Lyon has been awarded the prestigious Royal Astronomical Society’s Gold Medal for his exceptional contributions to stellar and planetary astrophysics, as well as galactic … Read the full press release
(IN BRIEF) A recent study led by the University of Exeter has identified a connection between consistently high blood sugar levels and upper limb conditions such as frozen shoulder, Dupuytren’s disease, carpal tunnel syndrome, and trigger finger. The research, conducted … Read the full press release
(IN BRIEF) The University of Exeter is set to play a significant role in advancing climate action discussions at the World Economic Forum in Davos. The university will organize a series of events building upon the recently launched Global Tipping … Read the full press release
Posted in Business, Education, Environment, Industrial, Management, Media, News, Science, Technology, United Kingdom
Tagged Arctic Basecamp, Climate Action, Dr Catherine Sorbara, Dr Jonny Keeling, Ellen Jackowski, Himanshu Gupta, Professor Alexandra Gerbasi, Professor Gail Whiteman, Sam Boynton, sustainability, University of Exeter, World Economic Forum
(IN BRIEF) The Volvo Group has entered into an option agreement with John Cockerill Defense, allowing Volvo to potentially sell Arquus, a company specializing in defense vehicle manufacturing. The agreement requires consultations with employee representative bodies, expected to conclude in … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged acquisition, Arquus, John Cockerill Defense, partnership, Volvo Group
(IN BRIEF) DNV has completed a comprehensive market study commissioned by a consortium of Danish entities in the Carbon Capture, Utilization, and Storage (CCUS) sector, aiming to assess Denmark’s potential as a pivotal European CO2 hub. This initiative aligns with … Read the full press release
EuropaWire (EW) is the first truly pan-European and leading press release distribution and newswire service for Europe and the European Union working towards consolidating Europe’s voice on the global newswire and media scene. The newswire service comes with advanced submission forms, flexible pricing and PR budgeting, granular targeting, nearly uncapped reach across countries, markets, verticals, industries, audiences, languages, etc., translation and localisation for greater local PR impact, in-depth distribution reporting, metrics and insights including measured PR reach, reads, engagements, impact, etc., no cap on words, images and multimedia to go along with your release, among others. Your press releases will be seen among the releases of Europe’s biggest and most prominent companies, brands and institutions. Here you can learn more about EuropaWire’s mission, achievements, services, etc.
HOW TO GET STARTED?