Category Archives: News

General News & Press Releases distributed via EuropaWire

Eurojust Symposium Advocates for Enhanced Protection of Crime Victims Across Europe

(IN BRIEF) Eurojust recently hosted a landmark symposium in collaboration with the Belgian Presidency of the Council of the European Union, focusing on bolstering the rights and support systems for victims of crime across Europe. The symposium emphasized the need … Read the full press release

European Investment Fund Commits €4.5 Billion to Bolster Greek SMEs and Green Economy

(IN BRIEF) The European Investment Fund (EIF) has inked guarantee agreements with Greece’s top four banks, including Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank, aiming to unlock up to €4.5 billion in financing for Greek small and … Read the full press release

Europe Leads Global Cleantech Innovation, Yet Faces Funding Gap: EIB-EPO Report

(IN BRIEF) The European Investment Bank (EIB) and the European Patent Office (EPO) released a joint report revealing that over 22% of clean and sustainable technologies worldwide are developed within the European Union (EU). Leading fields in cleantech inventions include … Read the full press release

Evotec Biologics Unveils J.CHO™ High Expression System for Enhanced Antibody Production

(IN BRIEF) Evotec Biologics, the biologics arm of Evotec SE, has introduced its proprietary J.CHO™ High Expression System for antibody expression. J.CHO™ optimizes biotherapeutic production processes by providing higher productivity and quality for complex antibody formats. Engineered from Chinese hamster … Read the full press release

Ahold Delhaize Fully Allocates First Green Bond to Climate-Reducing Projects

(IN BRIEF) Ahold Delhaize has announced the full allocation of proceeds from its inaugural Green Bond to investments in Green Projects aimed at reducing the company’s greenhouse gas emissions and climate impact. The €500 million raised last year has been … Read the full press release

CVC Capital Partners plc Successfully Lists on Euronext Amsterdam

(IN BRIEF) Euronext extends congratulations to CVC Capital Partners plc (CVC) for its triumphant listing on Euronext Amsterdam under the ticker code “CVC”. CVC, a renowned global investment firm, boasts a rich history of over 40 years in private markets … Read the full press release

Saab Reports Strong Q1 2024 Performance and Upgrades Sales Outlook

(IN BRIEF) Saab, a leading defence and security company, commenced 2024 with significant achievements, including a 9% increase in order bookings, reaching SEK 18,495m. Sales saw a robust growth, amounting to SEK 14,185m, with an organic sales increase of 24%. … Read the full press release

EPCG Acquires Stake in thyssenkrupp’s Steel Business: A Step Towards Decarbonization

(IN BRIEF) thyssenkrupp AG and EP Corporate Group (EPCG) have reached an agreement for EPCG to acquire a 20 percent stake in thyssenkrupp’s steel business, with discussions ongoing for a further 30 percent acquisition, aiming to form an equal 50/50 … Read the full press release

NIB Reports Strong First Quarter Performance and Expands Green Financing Initiatives

(IN BRIEF) The Nordic Investment Bank (NIB) announces a robust performance for the first quarter of 2024, with close to EUR 1 billion in new lending signed and EUR 643 million disbursed. The bank’s annual meeting of the Board of … Read the full press release

Hexagon AB Reports Steady Growth in First Quarter 2024

(IN BRIEF) Hexagon AB announces its first-quarter 2024 financial results, demonstrating a 3% organic revenue growth and a 1% increase in net sales compared to the previous year. The company achieved an adjusted gross margin of 66.5% and a 1% … Read the full press release

TOMRA Partners with OMV and Borealis to Close Plastic Recycling Gaps

(IN BRIEF) TOMRA, in collaboration with OMV and Borealis, is advancing plastic recycling by supplying high-quality raw materials from mixed post-consumer plastic waste. Through long-term feedstock supply agreements, TOMRA’s innovative sorting facility in Germany will provide clean fractions of specific … Read the full press release

Schneider Electric Unveils Next-Gen Battery Energy Storage System for Microgrids

(IN BRIEF) Schneider Electric introduces its latest Battery Energy Storage System (BESS), designed to enhance energy resilience and sustainability within microgrid solutions. The BESS serves as a cornerstone technology, capturing and storing energy from various sources for later use, ensuring … Read the full press release

Finnvera Spearheads Climate-Friendly Investments with EUR 200 Billion Plans

(IN BRIEF) Finnvera, committed to promoting climate-friendly investments, announces plans for low-emission investments worth over EUR 200 billion, aligning with the Paris Climate Agreement’s goal of limiting global warming to 1.5 degrees. With a focus on reducing carbon footprints, Finnvera … Read the full press release

Lindner Group Introduces Smart Occupancy Lighting to Enhance Lindner Cube Flexibility

(IN BRIEF) Lindner Group unveils a new enhancement for its Lindner Cube mobile room system, introducing an occupancy light to optimize room-in-room solutions. Known for its wall- and ceiling-free construction, the Lindner Cube promotes flexibility and focused work environments. The … Read the full press release

Skanska Secures $612M Contract for South Brooklyn Marine Terminal Upgrade

(IN BRIEF) Skanska has finalized a $612 million contract with SBMT Asset, LLC for the upgrade of the South Brooklyn Marine Terminal in New York, USA. The project aims to transform the terminal into one of the largest offshore wind … Read the full press release

TUM-Led Study Reveals Impact of Infant Formula Composition on Gut Microbiota Development

(IN BRIEF) A study led by Prof. Dirk Haller from TUM involving 210 infants found that the composition of infant formula significantly influences the development of intestinal flora. While breast milk remains the gold standard, formula enriched with galacto-oligosaccharides led … Read the full press release

Yara’s First Quarter 2024: Earnings Dip Amidst Rising Deliveries, Decarbonization Success, and Market Dynamics Shift

(IN BRIEF) Yara’s first-quarter 2024 earnings saw a decline, with EBITDA down by 11% compared to the previous year, primarily attributed to lower prices. Despite this, total deliveries surged by 12%, notably in Europe, which saw a 37% increase. The … Read the full press release

Henkel’s Recyclable Adhesive Solution Receives Certification for PET Bottle Recycling

(IN BRIEF) Henkel’s adhesive solution, Aquence PS 3017 RE, has been certified by the cyclos-HTP Institute (CHI) for its recyclability, particularly in PET bottle recycling. Designed as a sustainable option, the water-based acrylic pressure sensitive adhesive allows for easy label … Read the full press release

Unilever Reports Strong Q1 2024 Results with 4.4% Underlying Sales Growth

(IN BRIEF) Unilever has announced its first-quarter results for 2024, revealing a 4.4% increase in underlying sales growth, driven by a 2.2% rise in volume. All five business groups reported growth, led by Beauty & Wellbeing. Turnover reached €15.0 billion, … Read the full press release

Saab Delivers Fourth GlobalEye AEW&C Aircraft to UAE in Four Years

(IN BRIEF) Saab has successfully delivered the fourth GlobalEye Airborne Early Warning and Control (AEW&C) aircraft to the United Arab Emirates (UAE) on April 18, 2024. This milestone marks the rapid delivery pace of these advanced AEW&C platforms, with four … Read the full press release

Rheinmetall Launches Innovative Curb Charger Pilot Project in Cologne

(IN BRIEF) Rheinmetall, in collaboration with TankE GmbH and the City of Cologne, initiates a groundbreaking pilot project to test curb chargers in public traffic areas. The project aims to integrate and validate the curb chargers’ acceptance, urban planning advantages, … Read the full press release

Korean-German Partnership Accelerates Battery and Semiconductor Innovations

(IN BRIEF) A collaboration program funded by the Korean Ministry of Trade, Industry and Energy (MOTIE) aims to expedite advancements in battery cell and semiconductor technology through international partnerships. Fraunhofer-Gesellschaft, with eight of its institutes, has partnered in Germany to … Read the full press release

Taiwan Inaugurates Asia-Pacific’s Largest Offshore Wind Farms, Doubling Nation’s Capacity

(IN BRIEF) Taiwan celebrates the inauguration of the Greater Changhua 1 and 2a offshore wind farms, marking a significant milestone in the nation’s renewable energy journey. With a total installed capacity of 900 MW, these wind farms are the largest … Read the full press release

Kurt Satzinger Takes Helm of voestalpine’s R&D, Driving Innovation into Digital and Resource-Efficient Solutions

(IN BRIEF) Kurt Satzinger assumes leadership of voestalpine’s Research and Development (R&D) division, succeeding Franz Androsch, who retires after a distinguished tenure. With voestalpine’s robust commitment to innovation, Satzinger, equipped with extensive experience within the company, is poised to spearhead … Read the full press release

Breakthrough in Capacitor Technology Paves the Way for More Efficient Medical Devices and Electric Vehicles

(IN BRIEF) Researchers at the University of Twente have developed a groundbreaking design strategy to enhance the efficiency, storage capacity, and durability of capacitors used in critical applications like pacemakers, defibrillators, radar technology, and electric vehicles. Led by Dr. Minh … Read the full press release

Holcim Reports Robust Q1 Performance with Over-Proportional Growth and Strategic Expansion

(IN BRIEF) Holcim, a global leader in building solutions, announced its first-quarter 2024 results, showcasing strong growth and strategic expansion. Despite challenges, the company reported a net sales increase of 3.4% in local currency, with recurring EBIT growth of 17.1%. … Read the full press release

Neste Navigates Resiliently Through Challenging First Quarter in Renewables Market

(IN BRIEF) Neste, a leader in renewable fuels and circular economy solutions, unveiled its first-quarter 2024 results, demonstrating resilience amidst a weak renewables market. Despite challenges, the company reported a comparable EBITDA of EUR 551 million, reflecting a proactive approach … Read the full press release

Schneider Electric Reports Positive Progress in Sustainability Journey with Q1 2024 Results

(IN BRIEF) Schneider Electric, a leader in energy management and automation, has unveiled its first-quarter results for the Schneider Sustainability Impact (SSI) program, in conjunction with financial outcomes. The SSI program, integral to the company’s 2021–2025 sustainability targets, encompasses environmental, … Read the full press release

Safran Leads French Innovation with Record-Breaking Patent Portfolio

(IN BRIEF) Safran has secured its position as France’s top patent holder, with a staggering 16,457 active patents, according to the National Industrial Property Institute’s (INPI) inaugural ranking. The aerospace giant’s relentless commitment to innovation is evident in its extensive … Read the full press release

NIB and Aktia Bank Partner to Boost SMEs and Environmental Projects in Finland with EUR 75 Million Loan

(IN BRIEF) Nordic Investment Bank (NIB) and Aktia Bank Plc have joined forces in a seven-year EUR 75 million loan agreement aimed at supporting small and medium-sized enterprises (SMEs), smaller mid-caps (SMCs), and environmental projects in Finland. With a commitment … Read the full press release

Husqvarna Secures EUR 100 Million Loan for Electric Equipment R&D

  (IN BRIEF) Nordic Investment Bank (NIB) and Husqvarna AB, a Swedish outdoor power products manufacturer, have inked a EUR 100 million 7-year loan pact to fund research and development (R&D) efforts from 2022 to 2024 in electrifying motorized equipment. … Read the full press release

Sika Expands in Latin America with New Synthetic Macro Fiber Facility in Peru

(IN BRIEF) Sika is establishing a cutting-edge facility in Lima, Peru, to manufacture synthetic macro fibers, further solidifying its position as a key supplier to the mining industry and infrastructure projects in Latin America. These fibers, leveraging advanced technology, enhance … Read the full press release

Finnvera Backs Nokia’s $1.5 Billion 5G Deal with India’s Reliance Jio

(IN BRIEF) Finnvera, Finland’s export credit agency, has granted Nokia’s 5G deliveries a buyer credit guarantee worth USD 1.5 billion, marking one of its largest financing arrangements in history. The deal supports Nokia’s pivotal role in India’s 5G revolution, where … Read the full press release

EU Commission Backs Thales-Led AI Project for Land Forces’ Optronic Systems

(IN BRIEF) The European Commission has signed a Grant Agreement for the STORE (Shared daTabase for Optronics image Recognition and Evaluation) research project, led by Thales and funded by the European Defence Fund (EDF). Involving a consortium of 20 partners … Read the full press release

LPKF Laser & Electronics SE Meets Q1 Guidance, Focuses on Growth Initiatives

(IN BRIEF) LPKF Laser & Electronics SE achieved its Q1 revenue of EUR 25.4 million and adjusted EBIT of EUR -4.3 million, meeting guidance despite challenges in incoming orders due to project delays. The company made strides in key areas, … Read the full press release

Symrise AG Reports Strong Q1 Growth, Confirms 2024 and Long-Term Targets

(IN BRIEF) Symrise AG kicked off the 2024 fiscal year with a successful start, reporting a 5% increase in sales to €1.3 billion, supported by robust demand and organic growth of 10.9%. Dr. Jean-Yves Parisot, CEO, expressed optimism for the … Read the full press release

Symrise Unveils Novel Health Solutions at Vitafoods Europe 2024

(IN BRIEF) Symrise is set to debut innovative health active solutions at Vitafoods Europe 2024, showcasing six concepts designed to address gut health, immunity, healthy aging, and metabolic health. The company’s focus on consumer needs drives the development of these … Read the full press release

Mercedes-Benz LN2 Trucks: Conquering Four Decades of Light-Duty Truck Segment

(IN BRIEF) Celebrating four decades since their international debut in Rome, the Mercedes-Benz LN2 trucks made a significant impact in the light-duty truck segment. Produced from 1984 to 1998, they succeeded the LP series, dominating with their versatile range, advanced … Read the full press release

Adyen Reports Strong Q1 2024 Growth with €297.8 Billion Processed Volume

(IN BRIEF) Adyen (AMS: ADYEN) announced robust growth in its Q1 2024 business update, driven by a 46% year-over-year increase in processed volume, totaling €297.8 billion, attributed to volume acceleration with existing enterprise customers. Net revenue also saw a significant … Read the full press release

CNP Assurances Enters Negotiations to Sell Insurance Operations in Cyprus and Greece to Hellenic Bank

(IN BRIEF) CNP Assurances has initiated exclusive negotiations with Hellenic Bank for the sale of its insurance operations in Cyprus and Greece. These operations, conducted through CNP Cyprus Insurance Holdings (CIH), represent a small fraction of CNP Assurances Group’s total … Read the full press release