Category Archives: News

General News & Press Releases distributed via EuropaWire

Rheinmetall to supply new simulation technology for the German Army’s Combat Training Centre

(PRESS RELEASE) DÜSSELDORF, 3-Dec-2021 — /EuropaWire/ — Rheinmetall AG (ETR: RHM), active in the automotive and defence industries, has announced it will deliver new simulation technology for the German Army’s Combat Training Centre as part of procurement contract for 440 … Read the full press release

Barry Callebaut’s Forever Chocolate Progress Report 2020/21: carbon intensity reduction per tonne of product by 17% since 2016

(PRESS RELEASE) ZÜRICH, 3-Dec-2021 — /EuropaWire/ — Barry Callebaut Group (SWX: BARN), Switzerland-based cocoa processor and chocolate manufacturer, has announced the release of its Forever Chocolate Progress Report for 2020/21 measuring the company’s efforts towards making sustainable chocolate the norm … Read the full press release

TotalEnergies, ANPG start the production of CLOV Phase 2, some 140 kilometers off the Angolan coast

(PRESS RELEASE) LUANDA, Angola, 3-Dec-2021 — /EuropaWire/ — TotalEnergies (EPA: TTE), one of the seven “supermajor” oil companies, has announced the start of the production of CLOV Phase 2 off the Angolan coast, a project connected to the existing CLOV … Read the full press release

Zurich Insurance Group joins The Valuable 500, a global movement of CEOs and their companies working together for disability inclusion

(PRESS RELEASE) ZÜRICH, 3-Dec-2021 — /EuropaWire/ — Zurich Insurance Group (SWX: ZURN), Swiss’s largest insurer, has announced that it will join The Valuable 500, a global movement made up of 500 CEOs and their companies, innovating and working together for … Read the full press release

Eni’s chemical company Versalis to license the continuous mass technology for a 70 KTY ABS unit to Supreme Petrochem in India

(PRESS RELEASE) MILAN, 3-Dec-2021 — /EuropaWire/ — Eni (BIT: ENI), an Italian multinational energy company with focus on innovation, efficiency and accessibility for all, has announced that its chemical company Versalis will license the continuous mass technology for a 70 … Read the full press release

Allianz Life announces a $35-billion fixed index annuity portfolio reinsurance agreement, one of the largest transactions of this type

Allianz Life reinsures $35 billion of liabilities of fixed index annuity book in one of the largest transactions of its kind Agreement underscores shared values of flexibility, ability to scale, risk management, and commitment to policyholders Transaction expected to improve … Read the full press release

Armand Ajdari joins Arkema’s management committee as CTO

(PRESS RELEASE) COLOMBES, 2-Dec-2021 — /EuropaWire/ — Arkema (EPA: AKE), a French specialty chemicals and advanced materials company, announces the appointment of the Group’s new CTO (Chief Technology Officer): Armand Ajdari, in effect as of 1 January 2022. Armand will … Read the full press release

Equinor: financial close on the third phase of what will become the world’s largest offshore wind farm

(PRESS RELEASE) STAVANGER, 2-Dec-2021 — /EuropaWire/ — Equinor ASA (OSE:EQNR, NYSE:EQNR), an oil, gas, wind and solar energy company active in more than 30 markets globally, has announced that Dogger Bank wind farm, what will become the world’s largest offshore … Read the full press release

Tugboat propulsion market: Rolls-Royce to deliver eight 16V 4000 M63 mtu engines to Brazilian shipyard Rio Maguari

16V 4000 M63 engines will power four new tugs Delivery of the engines by May 2022 Construction of the vessels at Rio Maguari, operations in Brazilian ports (PRESS RELEASE) LONDON, 2-Dec-2021 — /EuropaWire/ — Rolls-Royce (LSE:RR., ADR:RYCEY), the pre-eminent engineering … Read the full press release

Bosch to start volume production of SiC chips in December 2021

Harald Kroeger: “We want to become a global leader in the production of SiC chips for electromobility.” Silicon carbide semiconductors enable longer ranges and faster recharging for electric cars. Volume production to begin in December 2021. Bosch has been producing … Read the full press release

Deutsche Bank delivered an innovative AI-powered treasury solution for Merck India, world’s oldest operating chemical and pharmaceutical company

An innovative solution seamlessly integrates trade finance, cash management and FX needs, into a single, streamlined and automated workflow (PRESS RELEASE) FRANKFURT AM  MAIN, 2-Dec-2021 — /EuropaWire/ — Deutsche Bank (ETR: DBK), Germany’s leading multinational investment bank and financial services … Read the full press release

Swissport expands its network across Latin America

(PRESS RELEASE) ZÜRICH, 1-Dec-2021 — /EuropaWire/ — Swissport, a Swiss aviation services company offering airport ground and cargo handling services, has announced that it will add six additional airports in Chile to its global network. The expansion of the network … Read the full press release

Mika Wiljanen will be the new CEO of Nordic energy company Gasum

(PRESS RELEASE) ESPOO, 1-Dec-2021 — /EuropaWire/ — Gasum, a Finnish government-owned energy company, has announced the appointment of Mika Wiljanen as its new CEO in effect from March 1, 2022. Mika Wiljanen has served as CEO of St1 Oy since … Read the full press release

Sanofi adds first vaccine candidate against acne to its R&D pipeline with the take over of an Austrian privately held biotechnology firm

Origimm brings expertise in antigen discovery for immune modulation of skin microbiome-associated disorders Transaction adds to Sanofi pipeline a potential first-in-class vaccine candidate in acne vulgaris, a condition affecting millions of people worldwide Sanofi to leverage its next-generation mRNA platform to unlock … Read the full press release

adidas share buyback program and dividend payment update: the company returned nearly EUR 1.6 billion to its shareholders this year

(PRESS RELEASE) HERZOGENAURACH, Germany, 1-Dec-2021 — /EuropaWire/ — Adidas AG, a German multinational sportswear and workout clothes manufacturer, has released an update on its share buyback program and dividend payment. Combined, the company returned nearly € 1.6 billion to its … Read the full press release

New media brand called 2050 launching in early 2022 to target young people concerned about the environment and climate change

(PRESS RELEASE) MUNICH, 1-Dec-2021 — /EuropaWire/ — Burda Verlag, a German media group, has announced the launch of a new print magazine with focus on environment, society, culture and business. The new media brand will be called 2050 and will … Read the full press release

Ørsted signs two new CPPAs with Amazon, the world’s largest corporate purchaser of renewable energy

(PRESS RELEASE) FREDERICIA, 1-Dec-2021 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, has announced it signed two new corporate power purchase agreements (CPPAs) for … Read the full press release

Season 8 of the ABB FIA Formula E World Championship: 11 teams ready for testing in Valencia

Testing for Season 8, the most expansive to date, begins in Valencia New Girls on Track video series to celebrate women in the series and inspire the next generation Lucas di Grassi joins as ambassador for ABB Climate Initiatives to … Read the full press release

Valio on digestive wellness, sugar reduction, and quality protein trends at FIE/HIE Exhibition 2021 in Frankfurt

(PRESS RELEASE) HELSINKI, 30-Nov-2021 — /EuropaWire/ — Valio, a Finnish innovative dairy and food company, has announced it will demonstrate solutions for health-conscious consumers at the FIE/HIE Exhibition 2021 in Frankfurt. We are in the middle of a wellness revolution, … Read the full press release

Ericsson Mobility Report Nov 2021: massive increase in mobile data traffic and smartphone users since 2011

Special ten-year edition of Ericsson Mobility Report highlights 5.5 billion additional smartphone users since 2011 Mobile data traffic in Q3 2021 more than all mobile traffic generated up until the end of 2016 4.4 billion 5G subscriptions forecast for the … Read the full press release

SEB Investment Outlook: 2021 seen as a year of strong recovery however the outlook for 2022 is less clear

(PRESS RELEASE) STOCKHOLM, 30-Nov-2021 — /EuropaWire/ — Skandinaviska Enskilda Banken AB (STO: SEB-A) (SEB), a Swedish financial group leader on the Nordic market, has announced the release of its Investment Outlook November 2021 which sees the end of a year … Read the full press release

International sourcing and shipping trends with potentially high financial impact for U.S. importers – Maersk Customs Services USA

(PRESS RELEASE) FLORHAM PARK, New Jersey, U.S.A., 30-Nov-2021 — /EuropaWire/ — A.P. Moller – Maersk, a global leader in container shipping, has announced that Maersk Customs Services USA, its customs compliance and clearances service for the US, has released current … Read the full press release

University of Helsinki and University Hospital Helsinki: Very positive start for the correction of genetic alterations in the cultured patient cells

(PRESS RELEASE) HELSINKI, 30-Nov-2021 — /EuropaWire/ — University of Helsinki, the oldest and largest institution of academic education in Finland, and University Hospital Helsinki, Finland’s largest provider of healthcare services, have announced that their researchers have developed a method to … Read the full press release

European Commission funded project YOUNG 50 aimed at preventing cardiovascular disease risk factors in people aged 50 launches in Luxembourg, Lithuania and Romania

(PRESS RELEASE) LUXEMBOURG, 29-Nov-2021 — /EuropaWire/ — Luxembourg Institute of Health (LIH), a public biomedical research organisation, has announced that a project called YOUNG 50 and funded by the European Commission launches in Luxembourg with the aim to screen and … Read the full press release

58 Swedish Savings Banks renew their cooperation agreement with Swedbank banking group

(PRESS RELEASE) STOCKHOLM, 29-Nov-2021 — /EuropaWire/ — Swedbank (STO: SWED-A), a Nordic-Baltic banking group, has announced the extension of its cooperation agreement with Savings Banks. The 58 collaborating Savings Banks, operating some 190 branches and serving roughly 2 million retail … Read the full press release

Leader in the subsea well access space Expro signs four major subsea well access contracts in Australia and Malaysia

(PRESS RELEASE) HOUSTON, TX, U.S.A, 29-Nov-2021 — /EuropaWire/ — Expro (NYSE: XPRO), the visionary full-cycle energy services expert, has announced it landed four significant subsea well access contracts in South East Asia and Australia worth well over $50 million (EUR … Read the full press release

Austria’s largest electricity provider Verbund acquires Illora solar park in Southern Spain

(PRESS RELEASE) VIENNA, 29-Nov-2021 — /EuropaWire/ — Verbund AG (VIE: VER), Austria’s largest electricity provider, has announced the acquisition of the Illora solar project, 150 MWp, in Southern Spain from BayWa r.e., a German leading global solar, wind, and bioenergy … Read the full press release

Massive green hydrogen production facility in North East of England to deliver up to 500Mwe of hydrogen production ‎by 2030

HyGreen Teesside project targets 60MWe of ‘green’ hydrogen production by 2025‎ Together with bp’s already-proposed ‘blue’ hydrogen project (H2Teesside), HyGreen ‎Teesside strengthens Teesside as the UK’s leading hydrogen hub to decarbonize industry ‎and heavy transport HyGreen Teesside and H2Teesside together have the potential to … Read the full press release

TotalEnergies’ largest solar farm in France launches in northeast of Gien: 126,000 photovoltaic panels across 75 hectares

(PRESS RELEASE) PARIS, 29-Nov-2021 — /EuropaWire/ — TotalEnergies (EPA: TTE), one of the seven “supermajor” oil companies, has announced the launch of its largest photovoltaic solar power plant in France. Located just northeast of Gien (Loiret), the solar farm boasts … Read the full press release

Credit Suisse’s digital bank service CSX turns 1: now Switzerland’s best-known brand for digital banking

(PRESS RELEASE) ZÜRICH, 26-Nov-2021 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, has announced that its digital banking offering CSX [https://csx.credit-suisse.com] is taking off just one year since its launch. Now the digital … Read the full press release