(IN BRIEF) The European Investment Bank (EIB) has approved a €400 million loan tranche to Estonia, marking the second installment of a larger €700 million loan aimed at bolstering the Estonian economy. This financing, focused on green and digital investments, … Read the full press release
Posted in Banks, Business, Economy, Environment, Estonia, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged digital, EIB, Estonia, Jean-Christophe Laloux, Mart Võrklaev, partnership, sustainability
(IN BRIEF) BAE Systems has bolstered its Modeling & Simulation Solutions (M&SS) portfolio by integrating Topaz Intelligence, LLC, acquired as part of the Ball Aerospace acquisition earlier this year. This move enhances BAE Systems’ ability to provide intelligence-as-a-service, driving agile … Read the full press release
(IN BRIEF) BAE Systems’ Weather System Follow-on – Microwave (WSF-M) satellite has been successfully launched, aiming to bridge critical gaps in current space-based environmental monitoring capabilities and advance military operations. The satellite, launched by the U.S. Space Force’s Space Systems … Read the full press release
(IN BRIEF) A survey conducted by E.ON reveals that the eastern German states are at the forefront of the heating transition, with almost three-quarters of homes renovated or partially renovated, largely due to post-reunification subsidies for building modernization. Brandenburg leads … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €108.3 million loan to Avis Greece to aid in the electrification of its car fleet. This investment is part of Avis Greece’s initiative to replace internal-combustion-engine vehicles … Read the full press release
Posted in Automotive, Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged Andreas Taprantzis, Andreea Moraru, Avis, Charlotte Ruhe, EBRD, Greece, Orestis Kavalakis, partnership, sustainability
(IN BRIEF) The European Investment Fund (EIF) is allocating €40 million to support the European Agri Transition Fund, aimed at fostering a fairer, healthier, and more sustainable food system in Europe. Managed by INOKS Capital, the fund targets SMEs and … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged agriculture, Bulgaria, CROATIA, EIF, Europe, Greece, Hungary, INOKS Capital, Italy, Latvia, Lithuania, Marjut Falkstedt, Nabil Marc Abdul-Massih, Paolo Gentiloni, partnership, Poland, Romania, Slovakia, Slovenia, SMEs, Spain, sustainability, Switzerland, The Czech Republic
(IN BRIEF) DHL Global Forwarding announces its collaboration with the Prada Group, marking the fashion giant’s first investment in Sustainable Aviation Fuel (SAF) credits through DHL’s GoGreen Plus service. This strategic partnership allows Prada Group to significantly reduce its transport … Read the full press release
Posted in Apparel, Fashion & Beauty, Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Italy, Management, News, Technology, Transportation & Logistics
Tagged DHL, Italy, Mario Zini, partnership, Prada Group, reduce emissions, sustainability, sustainable aviation fuel
(IN BRIEF) Vodafone Intelligent Solutions (VOIS) is making significant strides in its Corporate Social Responsibility (CSR) initiatives, particularly through its Brighter Futures program. Since 2018, VOIS has impacted over 375,000 individuals, focusing on community engagement, education, and digital skills development. … Read the full press release
(IN BRIEF) BASF announces the commencement of change negotiations at its precursor cathode active materials plant in Harjavalta, Finland, due to prolonged permitting processes and regulatory uncertainty. The decision, prompted by the suspension of the environmental permit’s immediate enforcement by … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged BASF, Finland, Harjavalta Plant, negotiations, partnership, sustainability, Tomi Oja
(IN BRIEF) Adyen, a leading financial technology company, and UNICEF have joined forces in a global partnership aimed at supporting children worldwide through innovative fundraising initiatives. Leveraging Adyen’s advanced financial technology, the partnership seeks to streamline fundraising efforts, enabling businesses … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Netherlands, News, Non Profit, Society
Tagged Adyen, Children in Need, Ethan Tandowsky, fundraising, Kitty van der Heijden, partnership, sustainability, UNICEF
(IN BRIEF) ANDRITZ, an international technology group, has acquired a 13.8% stake in HydrogenPro, a Norwegian company specializing in pressurized alkaline electrolyzers for green hydrogen production. This acquisition builds upon the strategic partnership established between the two companies in the … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, News, Norway, Technology
Tagged acquisition, Andritz, HydrogenPro, Joachim Schönbeck, Norway, partnership, sustainability
(IN BRIEF) VDL Bus & Coach recently celebrated the opening of its new electric bus production facility in Roeselare, Belgium, with key figures such as Flemish Prime Minister Jan Jambon and Flemish Minister Lydia Peeters in attendance. The site boasts … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology, Transportation & Logistics
Tagged Alain Doucet, Belgium, Electric Bus Plant, Jan Jambon, Lydia Peeters, partnership, Roeselare, Rolf-Jan Zweep, sustainability, VDL Bus & Coach
(IN BRIEF) Bosch and Randox Laboratories Ltd. have forged a strategic partnership aimed at transforming molecular diagnostics with a focus on the Vivalytic analysis platform. With an investment of 150 million euros in joint research, development, and distribution, the collaboration … Read the full press release
Posted in Business, Financial, Germany, Government, Healthcare, Industrial, Investment, Ireland, Management, News, Pharma & Biotech, Science, Technology
Tagged Bosch, Dr. Peter Fitzgerald, Healthcare, Marc Meier, Molecular Diagnostics, partnership, Randox Labs, Stefan Hartung
(IN BRIEF) Vitesco Technologies announces a strategic partnership with DHL Supply Chain as its Lead Logistics Partner (LLP) in Europe, aiming to enhance sustainability, resilience, and efficiency in its logistics operations. Starting March 2024, DHL will centrally manage logistics flows … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Technology, Transportation & Logistics
Tagged DHL, Hendrik Venter, Logistics Transformation, partnership, Poland, sustainability, Thomas Kirchermeier, Vitesco Technologies
(IN BRIEF) Thirteen CEOs from leading European vehicle manufacturers and automotive suppliers convened with EU Commissioner for Climate Action, Wopke Hoekstra, for an ‘Automotive Roundtable’ to discuss the green transition of the sector. The dialogue, following a meeting with President … Read the full press release
Posted in Automotive, Belgium, Business, Environment, European Union, Financial, Government, Industrial, Investment, Management, Media, News, Technology
Tagged ACEA, CEO, Charles Michel, Christian Levin, Didier Leroy, Domenico Nucera, Dr. Holger Klein, Dr. Markus Heyn, EU Commissioner, European Auto Industry, Green Transition Talks, Harald Seidel, Luca de Meo, Marco Stella, Martin Sander, Matthias Zink, Ola Källenius, partnership, Patrick Koller, sustainability, Thomas Schäfer, Wopke Hoekstra
(IN BRIEF) The UK Ministry of Defence has granted BAE Systems a contract to maintain and repair gifted L119 Light Guns in Ukraine, enhancing the efficiency of frontline operations. The L119 Light Gun, a favored system among Ukrainian forces for … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Ukraine, United Kingdom
Tagged Anna-Lee Reilly, BAE Systems, cyber security, Gabby Costigan, L119 Light Guns, partnership, President Zelenskyy, UK Ministry of Defence, UKRAINE
(IN BRIEF) Repsol has embarked on a strategic alliance by acquiring a 40% shareholding in Genia Bioenergy, marking its entry into the burgeoning biomethane market. This partnership aims to leverage Genia Bioenergy’s expertise in biogas and biomethane value chain integration, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology
Tagged acquisition, Biomethane Industry, Gabriel Butler, Genia Bioenergy, Green Evolution, Juan Abascal, partnership, Repsol, sustainability
(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have collaborated with Erste Bank der oesterreichischen Sparkassen AG (Erste Bank) to facilitate SME lending in Austria through a pioneering synthetic securitisation transaction. This landmark transaction, the … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Security & Safety, Small Business
Tagged Austria, EIB, EIF, Erste Bank, Hans Unterdorfer, Marjut Falkstedt, partnership, SME, sustainability, synthetic securitisation, Thomas Östros
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has reported a profit of €2.1 billion for 2023, marking a significant turnaround from the €1.1 billion losses incurred in 2022 due to the Russian invasion of Ukraine. The bank’s … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Ukraine, United Kingdom
Tagged EBRD, investments, partnership, Soha El-Turky, sustainability, UKRAINE
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €22 million loan to Ukrainian pharmaceutical giant Farmak Group to facilitate its strategic acquisition of a Polish pharmaceutical company and to upgrade its IT systems. Farmak, a … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Poland, Science, Technology, Ukraine, United Kingdom
Tagged acquisition, EBRD, expansion, Farmak, Frederic Lucenet, investment, partnership, Poland, sustainability, UKRAINE
(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have joined forces to provide Erste Bank der oesterreichischen Sparkassen AG (Erste Bank) with a €49 million guarantee for a synthetic securitisation transaction, marking Austria’s first such … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Austria, EIB Group, EIF, Erste Bank, Hans Unterdorfer, Marjut Falkstedt, partnership, SME, sustainability, Thomas Östros
(IN BRIEF) At the EU-Moldova Private Sector Investment Conference in Chișinău, the European Investment Bank (EIB Global) sealed two agreements with Moldova’s leading bank, maib. The first involves a €50 million loan aimed at enhancing access to finance and promoting … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, European Union, green investments, Macar Stoianov, maib, MOLDOVA, MSMEs, partnership, sustainability, Teresa Czerwinska
(IN BRIEF) Royal Philips announces the final agreement on a consent decree for its subsidiary, Philips Respironics, with the US Department of Justice (DOJ) and the US Food and Drug Administration (FDA). The decree primarily focuses on Respironics’ US operations, … Read the full press release
Posted in Business, Electronics & Machinery, Financial, Government, Healthcare, Industrial, Investment, Management, Netherlands, News, Security & Safety, Technology
Tagged DOJ, FDA, Philips, Philips Respironics, Roy Jakobs, safety, Steve C. de Baca
(IN BRIEF) Saab announces the addition of a new group function focused on digital development to expedite its digitalization journey. Mikael Adelsberg, with extensive experience from Scania and Traton Group, is appointed as the Head of Group Digitalisation and will … Read the full press release
Posted in Business, Defence, Government, Industrial, Management, News, Security & Safety, Sweden, Technology
Tagged appointment, Chief Digital Officer, digitalization, leadership, Micael Johansson, Mikael Adelsberg, Saab
(IN BRIEF) Thales, a leading technology and security provider, announces a collaboration with Google Cloud and Intel to bolster enterprise data security in the cloud through the CipherTrust Data Security Platform (CDSP). Leveraging Confidential Computing (CC) from Google Cloud and … Read the full press release
(IN BRIEF) Vitesco Technologies announces a strategic partnership with DHL Supply Chain as a Lead Logistics Partner (LLP), aiming to enhance sustainability, resilience, and efficiency in logistics. Under this partnership, DHL will centrally manage logistics flows for Vitesco Technologies’ twelve … Read the full press release
(IN BRIEF) Amidst ongoing conflict in Ukraine, the European Bank for Reconstruction and Development (EBRD) is providing a €12.5 million unfunded portfolio risk-sharing facility to Ukrgasbank, aimed at unlocking €50 million of fresh financing for the country’s private sector. Signed … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, Ukraine, United Kingdom
Tagged EBRD, MSMEs, partnership, sustainability, UKRAINE, Ukrgasbank
(IN BRIEF) In a bid to bolster Ukraine’s private sector amidst the ongoing conflict, the European Bank for Reconstruction and Development (EBRD) is extending a €50 million unfunded portfolio risk-sharing facility to Oschadbank. This initiative aims to unlock €200 million … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, Ukraine, United Kingdom
Tagged EBRD, Francis Malige, MSMEs, Oschadbank, partnership, Sergii Naumov, sustainability, UKRAINE
(IN BRIEF) In a strategic partnership, ANDRITZ, an international technology group, and Microsoft are collaborating to redefine the future of the process industry. This collaboration aims to pioneer fully autonomous factories and establish a trusted data ecosystem utilizing the ANDRITZ … Read the full press release
Posted in Austria, Business, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, Data Trust, factories, Joachim Schönbeck, Manufacturing, Microsoft, partnership, Ralph Haupter, Rohit Pant, sustainability
(IN BRIEF) In a strategic move to enhance operational efficiencies within its extensive global supply chain network, Ericsson, a prominent figure in 5G and communication technologies, has opted for SAP Integrated Business Planning for Supply Chain (SAP IBP) solution. As … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged Dominik Metzger, Ericsson, global supply chain, partnership, SAP IBP, Sweden
(IN BRIEF) Explore the depths of Australia’s ambitious renewable energy endeavor unfolding in the Snowy Mountains, where the Webuild Group and Clough, in collaboration with Snowy Hydro Limited, are spearheading the Future Generation project. This pumped-storage scheme, distinct from conventional … Read the full press release
(IN BRIEF) In a bid to accelerate the transition towards a circular economy, Borealis has announced a significant investment of EUR 4.5 million in the cracker furnaces of its Porvoo site. This investment aims to increase the utilization of renewable … Read the full press release
(IN BRIEF) Henkel and Samsung have joined forces to introduce a groundbreaking laundry solution tailored for the South Korean market. By combining Henkel’s Persil Deep Clean enzyme technology with Samsung’s advanced AI Bubble™ and AI Auto Dispenser technologies, they have … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Energy-Efficient Wash Cycles, Henkel, Laundry, Moohyung Lee, Nuria Ribe, partnership, Samsung, South Korea, sustainability
(IN BRIEF) Google Cloud and Orange have expanded their collaboration to deploy artificial intelligence solutions closer to Orange’s operations and customers through the use of Google Distributed Cloud (GDC). This collaboration enables Orange to meet local requirements for cloud environments, … Read the full press release
(IN BRIEF) Saab has clinched an initial three-year contract, valued at £60 million, with the UK Ministry of Defence (MoD) to provide support for Live Simulation systems featuring Instrumented Live Training (ILT-D). Replacing the previous Direct Fire Weapon Effect Simulator … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the National Bank of Ukraine (NBU) have inked a Memorandum of Understanding aimed at bolstering human capital resilience in Ukraine by fostering greater accessibility of war veterans to the … Read the full press release
(IN BRIEF) Spain’s Aquisgrán fund, launched in 2021 by SGR-Cesgar and supported by the Ministry of Industry through CERSA, receives a significant investment boost of €110 million from Instituto de Crédito Oficial (ICO) and the European Investment Fund (EIF). With … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Spain
Tagged Aquisgrán, EIF, Eusebio Martín, Instituto de Crédito Oficial (ICO), Jordi García Brustenga, José Carlos García de Quevedo, José Pedro Salcedo, Marco Marrone, partnership, SMEs, Spain, sustainability
(IN BRIEF) Peel Ports Group partners with E.ON to initiate ambitious solar and wind projects at the Port of Liverpool, aiming to achieve net-zero emissions by 2040. The collaboration kicks off with plans for the installation of the UK’s largest … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics, United Kingdom
Tagged Chris Norbury, Claudio Veritiero, E.ON, partnership, Peel Ports, Port of Liverpool, sustainability
(IN BRIEF) The German government has enlisted Rheinmetall to supply an additional 20 Marder infantry fighting vehicles (IFVs) to Ukraine, following a mid double-digit million Euro range contract placed in March 2024. Equipped with integrated laser range finders for enhanced … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Ukraine
Tagged Germany, Marder Infantry Fighting Vehicles, partnership, Rheinmetall, UKRAINE
(IN BRIEF) DWS, a prominent asset manager, has finalized an agreement with global renewable energy developer X-ELIO to acquire three solar photovoltaic (PV) plants in Spain as part of its European infrastructure investment strategy. With a combined capacity of 147 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology
Tagged acquisition, DWS, European Infrastructure, Nicholas Pentreath, partnership, Peter Brodehser, solar PV plants, Spain, sustainability
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
