EuropaWire

Press release distribution and newswire service for Europe and the European Union @ https://news.europawire.eu

EuropaWire.EU (EW) is a premium European Union press release distribution and newswire service. Press releases via EuropaWire.eu can be distributed in all official EU languages (Bulgarian, Czech, Danish, Dutch, English, Estonian, Finnish, French, German, Greek, Hungarian, Irish, Italian, Latvian, Lithuanian, Maltese, Polish, Portuguese, Romanian, Slovak, Slovene, Spanish and Swedish). Other Europe

’s languages can also be used to send a press release via EW, but will be taken care of on a per case basis and will be subject to verifications, which might impose a slight delay in the press release distribution process. Press releases outside EU and Europe in general should be either EU/Europe related or targeting EU/Europe audiences and markets to be eligible for releasing via EW.

03/08/2025

UK–Norway Defence Leaders Sign MoU to Expand Collaboration into Combat Air Technologies

Following a May 2025 MoU focused on Maritime domain cooperation—including vessel support, strike missiles, surveillance systems, and frigate deliveries—BAE Systems and Kongsberg signed a secondary MoU in July 2025 to extend their partnership into the Air domain. This new pact targets collaboration on training programs, uncrewed air vehicles, advanced materials, mission-support services, and joint R&T projects. The dual agreements underscore the long-standing UK-Norway defence alliance and aim to generate integrated solutions that strengthen NATO and allied capabilities.

https://news.europawire.eu/bae-systems-and-kongsberg-forge-new-air-domain-partnership-following-maritime-mou/eu-press-release/2025/08/03/12/44/32/159968/

03/08/2025

EIB, EBRD, and SEB Fund Sunly’s 329 MW Latvian Solar Portfolio with InvestEU Backing

Sunly will build four solar parks in Latvia totaling 329 MW capacity—54 MW in Valmiera, 90 MW in Krāslava, 81 MW in Madona, and 104 MW in Saldus—using €85 million in loans from EIB, EBRD, and SEB. Completion is targeted for early 2027, with future plans to integrate wind and battery storage. The financing, backed by InvestEU guarantees, requires no state subsidies or long-term contracts. Latvia’s solar output already reached 660 MW by 2024, with national policy aiming for 1.2 GW by 2030. Sunly contributes €119.1 million equity to the €203.9 million project. EIB’s Thomas Östros and EBRD’s Grzegorz Zielinski emphasized the deal’s importance for regional energy security and green transition. SEB Latvia reaffirmed its support as lender and hedge provider.

https://news.europawire.eu/sunly-secures-e85-million-to-develop-four-329-mw-solar-parks-in-latvia/eu-press-release/2025/08/03/12/34/04/159966/

03/08/2025

Jerome Niddam to Lead Societe Generale’s Asia Pacific Franchise from September 2025

Societe Generale will elevate Jerome Niddam to CEO of its Asia Pacific business on 1 September 2025, subject to regulatory clearance. Reporting to Co-Heads Anne-Christine Champion and Alexandre Fleury, Niddam joins the Group’s Management Committee and follows Cecile Bartenieff’s move to head Mobility and International Retail Banking & Financial Services. Niddam brings over two decades of leadership within Societe Generale, including roles in Paris, New York, Tokyo, and Hong Kong, and has overseen Global Markets in Asia Pacific since 2018. His engineering and actuarial academic background underpins his deep expertise in financial engineering and cross-asset solutions.

https://news.europawire.eu/societe-generale-names-jerome-niddam-ceo-of-asia-pacific-operations/eu-press-release/2025/08/03/12/19/02/159963/

03/08/2025

Kevin Devlin to Lead Encavis Supervisory Board Following Successful Take-Private Transition

Kevin Devlin will become Chairman of Encavis’s Supervisory Board on 1 August 2025, succeeding Dr. Johannes Teyssen, who oversaw the company’s transition after its acquisition by a KKR-led consortium and will now serve as Deputy Chairman. Devlin’s election, confirmed at the AGM on 16 July 2025, caps the resolution of the take-private process, including the registration of the squeeze-out of minority shareholders. Encavis CEO Mario Schirru and outgoing Chairman Teyssen praised Devlin’s extensive renewable-energy leadership experience. The leadership change dovetails with Encavis’s 2024 partnership with KKR, Viessmann, and Abacon as the company pursues accelerated growth.

https://news.europawire.eu/encavis-appoints-kevin-devlin-as-supervisory-board-chairman-on-1-august/eu-press-release/2025/08/03/12/00/55/159958/

03/08/2025

New 24 GHz Radar Sensor Enables Fully Contactless Vehicle Door Operation

Schaeffler’s Hands Free Access Sensor delivers contactless opening and closing of trunks and sliding doors using 24 GHz Doppler radar to detect targeted hand or foot gestures within 60 cm. Produced at scale since late 2024 for leading European automakers, the sensor features AI-based calibration, a LIN interface, and a wide operating temperature range (–40 °C to 105 °C). Its simple, single-screw installation—either in the bumper or on the chassis—fits SUVs, sedans, and minivans, with or without trailer hitches. The sensor enhances convenience and safety by preventing false activations and will be exhibited as part of Schaeffler’s Control Motion line at IAA MOBILITY 2025.

https://news.europawire.eu/schaeffler-debuts-doppler-radar-based-hands-free-access-sensor-for-trunks-and-sliding-doors/eu-press-release/2025/08/03/11/45/26/159956/

01/08/2025

New Cohort of 400 Young Professionals Joins Commerzbank to Fuel Future Growth

On 1 August 2025, Commerzbank welcomes around 400 trainees and dual-study students across its German branches, meeting its recruitment goal for 2025. CHRO Sabine Mlnarsky highlighted the bank’s commitment to attracting and retaining young talent as essential for achieving growth targets and fulfilling social responsibilities. Commerzbank’s programmes span banking, IT, and office roles, with most recruits entering banking apprenticeships or dual finance degrees to strengthen the sales team and maintain service excellence. After virtual meet-and-greets, the newcomers will attend an orientation week in Frankfurt with CEO Bettina Orlopp and Sabine Mlnarsky. Outstanding participants are eligible for permanent roles post-training.

https://news.europawire.eu/commerzbank-welcomes-400-trainees-and-dual-study-students-in-germany-on-1-august-2025/eu-press-release/2025/08/01/18/25/34/159953/

01/08/2025

Berlin Hyp Emerges as LBBW’s Independent Center for European CRE Finance

Effective 1 August 2025, LBBW has finalized the integration of its commercial real estate finance business by rebranding and consolidating it as Berlin Hyp—a standalone division with a €63 billion portfolio. This alignment follows LBBW’s acquisition of Berlin Hyp in 2022 and simplifies structures to achieve synergies, enhance market pe*******on across Europe and North America, and leverage LBBW’s universal-banking capabilities. Clients will benefit from streamlined processes, deeper market expertise, and closer ties to the Sparkassen-Finanzgruppe. Administrative and legal transfers include LBBW assuming all creditor/debtor roles and merging public and mortgage cover registers, with system integration concluding soon.

https://news.europawire.eu/lbbw-unifies-e63-billion-real-estate-finance-arm-under-berlin-hyp-brand/eu-press-release/2025/08/01/18/08/07/159950/

01/08/2025

Enerfín Canada Wind Farms and Development Pipeline Acquire New Owner in Atlantica

Statkraft will sell its Canadian renewables arm, Enerfín Canada, to Atlantica Sustainable Infrastructure Ltd. The deal, expected to close by year-end 2025, encompasses two operating wind farms (236 MW), a 0.8 GW wind and solar development portfolio, and all local staff. Executive VP Barbara Flesche praised the transaction as recognition of Enerfín’s strong project pipeline and team capability. This divestment marks the culmination of Statkraft’s strategy to exit non-core Enerfín markets following its acquisition of 1.5 GW of renewables capacity in Spain and Brazil in late 2023–early 2024.

https://news.europawire.eu/statkraft-sells-canadian-renewables-portfolio-to-atlantica-sustainable-infrastructure/eu-press-release/2025/08/01/17/53/43/159948/

01/08/2025

CVC Asia VI Invests 45% in AVC to Accelerate Pub and Hotel Development

CVC Capital Partners Asia VI has acquired a 45% share in Australian Venue Co. from PAG, creating an equal ownership split between the two private equity firms, with AVC’s management retaining 10%. The transaction injects fresh capital into AVC’s network of 243 pubs, bars, and hotels across Australia and New Zealand. CEO Paul Waterson highlighted that the partnership will finance venue refurbishments, improve customer offerings, and support new site development. CVC’s Richard Blackburn praised AVC’s operational excellence, while PAG’s Sid Khotkar emphasized the deal’s alignment with PAG’s strategy of strengthening leading Australian enterprises. AVC’s leadership team remains in place to execute the company’s growth plans.

https://news.europawire.eu/cvc-and-pag-forge-equal-partnership-to-drive-growth-at-australian-venue-co/eu-press-release/2025/08/01/17/38/18/159946/

01/08/2025

New VO30 Unit Slashes Maintenance Costs by 94% at DCOOP’s Qorteba Olive Oil Plant

At Qorteba oil refinery in southern Spain, Alfa Laval’s VO30 centrifuge unit with an erosion-resistant liner has eliminated unplanned stoppages, increased processing capacity by 1,200 tonnes annually, and cut maintenance costs by 94 percent since its 2023 installation. The previous non-Alfa Laval centrifuge suffered clogging, severe wear, and vibrations. After Alfa Laval experts Belen Villalba and Favian Guevara showcased the VO30’s benefits—including a self-cleaning, clog-free system and rapid delivery—plant manager José Carlos Gómez hailed the upgrade as “unbeatable value.” Enhanced by the ConditionAlert™ monitoring service, which predicts mechanical issues before they arise, Alfa Laval has become the refinery’s chosen separation technology partner.

https://news.europawire.eu/alfa-laval-vo30-centrifuge-boosts-qorteba-refinery-output-by-1200-tonnes-annually/eu-press-release/2025/08/01/17/24/11/159944/

01/08/2025

META Plant & Equipment Uganda Secures Exclusive Dealership for New Holland Machinery

New Holland has appointed META Plant & Equipment Uganda Ltd, part of the META Group’s pan-African dealership network, as its official distributor in Uganda. META Group, active in seven countries since 2011, offers agricultural, construction, and material-handling equipment with comprehensive after-sales support, aiming to enhance client efficiency and reduce ownership costs. Recognizing agriculture’s vital role in Uganda’s economy—anchored by exports like coffee and tea—New Holland will provide its complete machinery range, from fuel-efficient TT Series tractors to high-horsepower units and TC Series harvesters. Business Director Özkan Eren highlighted this step as key to maintaining New Holland’s leadership, while META Group CEO Andrew Fimister emphasized the opportunity to boost Uganda’s agricultural growth and solidify the brand’s standing.

https://news.europawire.eu/new-holland-teams-up-with-meta-group-to-deliver-advanced-farming-solutions-in-uganda/eu-press-release/2025/08/01/16/34/02/159941/

01/08/2025

BBVA Raises 2025–2029 Sustainable-Finance Goal to €700 Billion After Surpassing Previous Target Early

In H1 2025, BBVA allocated around €63 billion to sustainability initiatives—a 48 percent rise year-on-year—including a record €30 billion in Q2 alone. Climate change and natural-capital projects accounted for 76 percent of the total, with social-impact ventures making up the remainder. Commercial Banking led with €23.6 billion (+53 percent), driven by strong agricultural financing in Mexico. CIB contributed €31.9 billion (+34 percent), focusing on renewables and clean technologies, while Retail Banking nearly doubled its sustainable loans to €7.5 billion (+119 percent), notably for energy-saving tools and green vehicles. BBVA also sponsored the Energy Tech Summit 2025, announcing Iberia’s first renewable-powered hydrogen plant financing. The bank has raised its 2025–2029 sustainable-finance target to €700 billion and remains on track for Net Zero by 2050 with interim sectoral decarbonization objectives.

https://news.europawire.eu/bbva-channels-e63-billion-into-green-and-social-finance-in-h1-2025-sets-new-q2-record/eu-press-release/2025/08/01/16/19/14/159938/

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