Tag Archives: expansion

Eurex’s STIR Partnership Program Attracts 18 Global Participants for Euro STIR Derivatives Expansion

(IN BRIEF) Eurex, a leading derivatives exchange, has garnered significant interest in its Short-Term Interest Rate (STIR) Partnership Program extension. As of now, 18 participants from the U.S., U.K., and Continental Europe have registered for the program. This expansion aims … Read the full press release

Neste’s Q3 Outlook Brightens as Oil Products Margin Surges; Equipment Inspection Slows Singapore Refinery Expansion

(IN BRIEF) Neste, a leading energy company, has reported an improved outlook for its Oil Products segment’s margin in the third quarter of 2023. Despite the ongoing volatility in oil markets, margins for diesel and gasoline in Northwest Europe have … Read the full press release

Logicor Reports Strong H1 2023 Results Amid Active Asset Management and Expansion in Key Markets

(IN BRIEF) Logicor, a prominent European logistics and distribution property owner and operator, has announced its half-year results for the period ending on June 30, 2023. The company reported strong operating results, driven by active asset management and expansion in … Read the full press release

Equinor Expands Renewable Portfolio in Poland with Acquisition of Wilko Wind Farm

(IN BRIEF) Equinor has acquired a 26 MW onshore wind farm in Poland, known as the Wilko wind farm, from the Helios Group. The wind farm is located in the Wielkopolska province and will be operated by Wento, Equinor’s subsidiary … Read the full press release

DHL eCommerce Expands Europe’s Largest Access Point Network, Reaching 100,000 Points

(IN BRIEF) DHL eCommerce has marked a significant achievement by inaugurating its 100,000th access point in Warsaw, Poland, creating the largest and most densely distributed network across Europe. These access points, including parcel shops and lockers, enable customers to conveniently … Read the full press release

Wood Selected to Upgrade Power Transmission Infrastructure in Northern Scotland for Renewable Energy Expansion

(IN BRIEF) Wood has been chosen as a preferred bidder for the Scottish and Southern Electricity Network (SSEN) Transmission’s Accelerated Strategic Transmission Investment (ASTI) framework. This selection will facilitate the upgrade of onshore power transmission infrastructure in northern Scotland, supporting … Read the full press release

DNV Partners with Intercontinental Wind Energy for Quality Assurance and Offshore Wind Expansion in Taiwan

(IN BRIEF) DNV has secured a contract to provide quality assurance, quality control, and technical support to Intercontinental Wind Energy Co., Ltd. (IWE) in Taiwan. This collaboration aims to assist IWE in becoming a Tier-1 supplier for offshore wind projects … Read the full press release

AFRY Selected by EETC for Vital Grid System Study to Support Egypt’s Renewable Energy Expansion

(IN BRIEF) The Egyptian Electricity Transmission Company (EETC) has chosen AFRY to conduct a crucial system study to facilitate the rapid expansion of Egypt’s national transmission grid. The study’s focus is on addressing challenges arising from the increased integration of … Read the full press release

AFRY Experience Studios Expands into Italy with New Bologna Office, Focused on Automotive and Sustainable Design

(IN BRIEF) AFRY Experience Studios is opening its fourth office in Bologna, Italy, aiming to enhance its global automotive solutions and deliver sustainable design services. Bologna’s design-rich environment and automotive industry presence make it an ideal location for AFRY’s expansion. … Read the full press release

Skanska Secures USD 91M Contract Amendment for OHSU Hospital Expansion Project in Portland

(IN BRIEF) Skanska, a construction company, has announced a contract amendment with Oregon Health & Science University (OHSU) for its Hospital Expansion Project in Portland, USA. The contract amendment is valued at USD 91 million and includes various construction activities … Read the full press release

Saint-Gobain to Invest $235 Million in Palatka Facility for Gypsum Production Expansion and Modernization

(IN BRIEF) Saint-Gobain North America has announced plans to invest $235 million in its CertainTeed gypsum manufacturing facility in Palatka, Florida. The investment will focus on expanding and modernizing the facility, increasing its production capacity and improving energy consumption. The … Read the full press release

Strategic Mergers Pay Off: Polish ORLEN Gains Momentum with Austrian Fuel Station Expansion

(IN BRIEF) ORLEN, following its mergers with Grupa LOTOS and PGNiG, is set to acquire 266 fuel stations in Austria, operating under the Turmöl brand. This acquisition will make ORLEN one of the top three fuel networks in Austria, with … Read the full press release

ABB Robotics invests $20M in Michigan expansion, creating 72 jobs

(IN BRIEF) ABB has commenced construction on an expansion of its North American robotics headquarters and manufacturing facility in Auburn Hills, Michigan. The $20m investment is expected to be completed by November 2023 and is supported by a $450,000 Michigan … Read the full press release

APM Terminals Maasvlakte II prepares for expansion as Managing Director transitions to new role

(IN BRIEF) Jan Buijze, the current Managing Director of APM Terminals Maasvlakte II, will become the Regional Project Director for Africa & Europe effective April 1, 2023, while Harold Kunst, former CEO of MSC PSA European Terminal in Antwerp, will … Read the full press release

Accenture stärkt mit der Übernahme der SKS Group SAP und regulatorische Dienstleistungen für Banken

(PRESSEMITTEILUNG) HOCHHEIM, Germany, 10-Jan-2023 — /EuropaWire/ — Accenture (NYSE: ACN), ein globales professionelles Dienstleistungsunternehmen mit führenden Fähigkeiten in den Bereichen Digital, Cloud und Sicherheit, hat seine Zustimmung zur Übernahme der SKS Group bekannt gegeben, einem führenden Beratungsunternehmen, das sich auf … Read the full press release

ILC Dover to Open New Production Facility in Blarney, Ireland for Added Capabilities, Capacity and Jobs

Expansion positions ILC as leading single use powder handling solutions provider to the global pharma & biopharma market FREDERICA, DE, USA, 01-Nov-2018 — /EuropaWire/ — ILC Dover, a global leader in flexible containment solutions for the pharmaceutical and biopharmaceutical industry … Read the full press release

ING to invest €21 million in international payments platform TransferMate

AMSTERDAM, 30-Jul-2018 — /EuropaWire/ — ING announced yesterday (29 July) that it will invest in international payments platform TransferMate to provide SME customers and corporate clients with faster, cheaper and easier payments solutions. “ING is dedicated to offering seamless payment solutions and freedom … Read the full press release

The ŠKODA AUTO Kvasiny plant to undergo the most comprehensive modernization and expansion in its history; annual production will increase to more than 300,000 units

ŠKODA AUTO Kvasiny plant opens multifunctional competence centre Testing and quality centre, logistics centre, storage areas for pre-series vehicles and event hall in one facility Production capacity set to rise to more than 300,000 vehicles per year KVASINY,  Czech Republic, … Read the full press release

RCH Group Expands European Operations

Opens regional headquarters in Austria to support growing customer base Treviso, ITALY, 08-Jan-2018 — /EuropaWire/ — RCH Group SpA, a provider of advanced point of sale systems for the retail, food and beverage, and the public administration sector, today announced the … Read the full press release

ADISA appoints VP for the Americas

The Asset Disposal & Information Security Alliance (ADISA) continues international expansion by announcing the appointment of Jeffrey Dean to head up all ADISA operations in The Americas LONDON, 01-Apr-2016 — /EuropaWire/ — In recognition of continued expansion of its industry … Read the full press release

Daimler to invest EUR 50m in expansion of its commercial vehicle business in India

Investment of roughly 50 million EUR Plant to be completed in the second quarter of 2015 BharatBenz and Mercedes-Benz buses for volume and premium segments Chennai and Stuttgart, 6-3-2014 — /EuropaWire/ — Just 18 months after launching the new truck brand BharatBenz, … Read the full press release

Bayer MaterialScience launched ultra-modern technical center for foams and expanded coating raw materials production at its headquarters in Leverkusen

Ultra-modern technical center for foams / New production plant for coating raw materials commissioned Leverkusen, Germany, 02-12-2013 — /EuropaWire/ — With the latest equipment for product development and the expansion of its production capacity, materials manufacturer Bayer MaterialScience continues to adapt to … Read the full press release

Bayer CropScience expands its global Wheat Breeding Network with new station in France

Breeding program focuses on increasing yields, addressing environmental challenges and improving wheat varieties / Investment of more than EUR 7 million over three years in site facilities / Rebuilding will double capacity of laboratory and greenhouse Monheim/Milly-la-Forêt, 21-6-2013 — /europawire.eu/ … Read the full press release

EBRD loans EUR 17M to a local retailer in Bosnia and Herzegovina

Strengthening of local supply chain and energy efficiency investments The EBRD loan is part of a wider €29.6 million investment programme for 2013 and 2014 alone 25-4-2013 — /europawire.eu/ — The EBRD is supporting the expansion of Bingo, a local retailer … Read the full press release

EBRD invests €3.6m in Croatian producer of pharmaceutical packaging Piramida

The producer of pharmaceutical packaging plans expansion 22-4-2013 — /europawire.eu/ — The EBRD is investing €3.6 million to strengthen the Croatian pharmaceutical packaging producer Piramida d.o.o. and in plans to expand the company’s production. While €2.7 million will be used for … Read the full press release