Tag Archives: partnership

ENTSO-E Optimistic as EU-Switzerland Electricity Agreement Talks Commence

(IN BRIEF) The European Network of Transmission System Operators for Electricity (ENTSO-E) expresses optimism as discussions between the European Union and Switzerland commence regarding an electricity agreement, emphasizing its critical importance for the secure and efficient operation of the European … Read the full press release

Siemens and NVIDIA Accelerate Industrial Metaverse Vision

(IN BRIEF) Siemens and NVIDIA have announced an expanded collaboration aimed at advancing the development of the industrial metaverse. Through the integration of NVIDIA Omniverse Cloud APIs into the Siemens Xcelerator platform, immersive visualization capabilities powered by generative AI technology … Read the full press release

Startical Partners with GOMspace and NanoAvionics for Satellite Testing in Air Traffic Services Venture

(IN BRIEF) Startical, a venture created by ENAIRE and Indra, has announced its collaboration with GOMspace and NanoAvionics to conduct tests on communication and surveillance systems for its future constellation of over 270 satellites, aimed at providing air traffic services … Read the full press release

Rheinmetall Expands Vehicle Portfolio with Acquisition of Dutch Startup REEQ

(IN BRIEF) Rheinmetall, a leading technology group, has bolstered its vehicle portfolio by acquiring the Dutch startup REEQ, marking a strategic move towards innovative light hybrid vehicles. The acquisition, completed by Rheinmetall Defence Nederland B.V., a subsidiary of Rheinmetall’s Vehicle … Read the full press release

Eviden Secures Multicloud Agreement with AMTEGA for Galician Public Sector Digitization

(IN BRIEF) Eviden, a business within the Atos Group specializing in digital transformation, has been awarded a two-year Multicloud Agreement by the Galician Agency for Technological Modernization (AMTEGA), signaling a significant step forward in the digitization of Galicia’s public sector. … Read the full press release

Hydro Extrusions to Sell Kaunas Plant, Ensuring Employee Continuity

(IN BRIEF) Hydro Extrusions has announced an agreement to sell its fabrication unit in Kaunas, Lithuania, to VE Invest UAB. The Kaunas plant, with approximately 170 employees, serves as a fabrication unit for Hydro’s extrusion plants in Sweden and Denmark. … Read the full press release

Breakthrough in OLED Technology Promises Longer-Lasting and Higher Definition Screens

(IN BRIEF) Researchers from Loughborough, Cambridge, Northumbria, and Imperial universities have made a significant breakthrough in organic light-emitting diode (OLED) technology that could revolutionize television and smartphone screens. By simplifying the structure of high-efficiency blue OLEDs, the team aims to … Read the full press release

Continental’s Study Reveals Global Disparities in Agricultural Digitalization

(IN BRIEF) Continental, in collaboration with Innofact AG, conducted a study titled “Agriculture in transition,” surveying 503 farmers across five countries, shedding light on the digitalization levels in agriculture worldwide. The findings indicate varying degrees of digital adoption, with some … Read the full press release

Vodafone Leads Landing of 2Africa Submarine Cable in Portugal

(IN BRIEF) Vodafone spearheaded the landing of the 2Africa submarine cable, the world’s largest, in Portugal’s Carcavelos, Cascais, bolstering the country’s connectivity to Africa and beyond. The 2Africa project, launched in May 2020, aims to enhance internet connectivity between Africa, … Read the full press release

DBDX Launches Successful Crypto Trading with ICF Bank and Bankhaus Metzler as Pilot Clients

(IN BRIEF) The Deutsche Börse Digital Exchange (DBDX) has commenced trading activities with successful transactions facilitated by ICF Bank and Bankhaus Metzler, marking a significant milestone in the institutional adoption of blockchain technology in the financial sector. With a focus … Read the full press release

EBRD Funds Modern Wastewater Treatment Plant in Kazakhstan’s Aktobe

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is spearheading efforts to tackle water treatment and environmental challenges in Aktobe, Kazakhstan’s fourth-largest municipality, through the financing of a new wastewater treatment plant and associated infrastructure. With a sovereign … Read the full press release

EIB Supports Iberdrola’s Green Grid Expansion with €700 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has approved a €700 million green loan to facilitate the expansion of Iberdrola’s electricity distribution grid in Spain, aiming to enhance the integration of renewable energy sources and enable new uses such as … Read the full press release

Terna Initiates €38 Million Project to Enhance Electricity Grid in Caserta and Naples

(IN BRIEF) Terna, under the leadership of Giuseppina Di Foggia, embarks on a significant project to revamp the electricity grid in certain areas of Caserta and Naples, with an investment exceeding 38 million euros. The initiative aims to diminish the … Read the full press release

VELUX-Led Living Places Copenhagen Wins Prestigious MIPIM Award for Sustainable Residential Project

(IN BRIEF) Living Places Copenhagen, a collaborative project by the VELUX Group, EFFEKT architects, Artelia engineers, and Enemærke & Petersen contractors, has been honored with the MIPIM Award 2024 for “Best Residential Project.” This accolade recognizes the project’s innovative approach … Read the full press release

Ericsson and Umniah Forge AI-Powered Network Revolution in Jordan

(IN BRIEF) Ericsson, in collaboration with Umniah, is set to transform network performance in Jordan by deploying its cutting-edge Cognitive Software portfolio. This partnership aims to optimize Umniah’s network, particularly in key areas like Amman, utilizing Artificial Intelligence (AI) and … Read the full press release

CHIL Receives £4.9m Investment to Spearhead Healthcare Advancements through Data Science

(IN BRIEF) The University of Liverpool’s Civic Health Innovation Labs (CHIL) has secured a substantial £4.9 million investment from the Office for Life Sciences (OLS) to drive healthcare improvements via data science. Through the ‘Data-Action Accelerator’ project, CHIL aims to … Read the full press release

Uncovering the Past: Church of England and University of Liverpool Collaborate to Explore Historical Role in Slavery

(IN BRIEF) The University of Liverpool’s Centre for the Study of International Slavery (CSIS) has partnered with the Church of England to delve into the Anglican church’s involvement in the institution of slavery. Led by Dr. Leona Vaughn and the … Read the full press release

Boliden’s Multi-Billion Investment Drive: New Tech Breakthroughs and Environmental Commitments

(IN BRIEF) Boliden, a leading mining and smelting company, has unveiled a significant investment plan totaling SEK 4.8 billion in a new tank house at Rönnskär, set to enhance copper cathode and precious metal production by 2026. Additionally, investments in … Read the full press release

Sempra Infrastructure Partners with Vestas for Expansion of Cimarron Wind Farm in Mexico

(IN BRIEF) Sempra Infrastructure, a subsidiary of Sempra, has awarded Vestas a 319 MW order for the expansion of the Cimarron wind farm in Tecate, Mexico. As part of the Energia Sierra Juarez Wind Complex, this phase will add 64 … Read the full press release

Eurojust-Coordinated Operation Leads to Arrest of 22 Members of Human Trafficking Ring in Italy and Bulgaria

(IN BRIEF) Italian and Bulgarian authorities, with the support of Eurojust, have apprehended 22 individuals associated with an organized crime group (OCG) involved in human trafficking. The OCG exploited numerous female victims, coercing them into prostitution through deceptive promises of … Read the full press release

EBRD Supports Araltuz’s Expansion with KZT 5.5 Billion Loan for Production Facility Upgrades

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is aiding the growth of Araltuz, a prominent salt producer in Kazakhstan, by providing a convertible loan of up to KZT 5.5 billion. This funding will facilitate the modernization of … Read the full press release

EBRD Partners with NLB Komercijalna Banka to Boost Financing for Serbian SMEs

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a collaboration with NLB Komercijalna Banka (NLBKBB) in Serbia, providing a €15 million loan to support local small and medium-sized enterprises (SMEs). NLBKBB will utilize the loan to … Read the full press release

OCEAN Alliance Launches ‘DAY 8 Product’ to Enhance Shipping Services Amidst Red Sea Disruptions

(IN BRIEF) The CMA CGM Group, along with partners COSCO Shipping, Evergreen, and OOCL, introduces the OCEAN Alliance “DAY 8 Product” as part of their renewed partnership extending until 2032. This initiative aims to address disruptions in the Red Sea … Read the full press release

Lockheed Martin Extends Collaboration with Navantia to Enhance Naval Defense Capabilities

(IN BRIEF) Lockheed Martin has prolonged its collaboration agreement with Navantia, extending their partnership for three more years. The agreement aims to further explore commercial opportunities in surface ships and submarines, building upon their successful 27-year history. Notable achievements include … Read the full press release

CAF Secures Contract with Qbuzz to Supply Commuter Trains in the Netherlands

(IN BRIEF) CAF has clinched a significant deal with Qbuzz, a public transport operator in the Netherlands, to provide 10 commuter trains equipped with the latest technology and amenities. These trains, part of the Civity platform, will boast the ETCS … Read the full press release

Swissport Launches Operations at Palma de Mallorca Airport, Pledges to Drive Sustainability

(IN BRIEF) Swissport has commenced operations at Palma de Mallorca (PMI), Spain’s third-largest airport and a significant European tourist destination. With a workforce of 300, including 64.9 percent electrically powered vehicles, Swissport aims to contribute to sustainable air traffic in … Read the full press release

NIB Supports Nefab Group’s Expansion with EUR 50 Million Loan Agreement

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a EUR 50 million loan agreement with Nefab Group AB, a Swedish industrial packaging company, to facilitate its acquisitions of US PolyFlex Products Inc. and Swiss Cargopack group AG, as well … Read the full press release

EIB Loans €22 Million to Malta for Affordable Housing Construction

(IN BRIEF) The European Investment Bank (EIB) has granted a €22 million loan to Malita Investments plc, in collaboration with the Government of Malta, to address housing shortages in the country. This funding, along with a previous agreement, will support … Read the full press release

Dutch Government Funds Interdisciplinary Projects for Mission-Driven Innovation Acceleration

(IN BRIEF) The Dutch government has allocated funding to three interdisciplinary projects under the KIC Mission call ‘Realisation, acceleration and upscaling of mission-driven innovation’. These projects, part of the KIA Societal Earning Capacity, aim to address major societal challenges such … Read the full press release

Norwegian Government and Industry Stakeholders Forge Agreement on CO2 Compensation Scheme for Decarbonization

(IN BRIEF) The Norwegian government, along with industry associations and trade unions, has finalized an agreement on the future of the Norwegian CO2 compensation scheme, slated to be effective from 2024 to 2030. This agreement, encompassing a maximum annual CO2 … Read the full press release

European Union Celebrates Second Anniversary of Ukraine-Moldova Electricity Grid Synchronisation Amidst Ongoing Support

(IN BRIEF) Today marks the second anniversary of the synchronisation of Ukraine’s and Moldova’s electricity grids with the Continental European Network, a critical achievement in light of concerns over energy security following Russia’s invasion of Ukraine in 2022. Completed in … Read the full press release

University of Exeter Launches £2.2m Project ‘The Future is Green’ to Foster Green Economy Skills in Cornwall

(IN BRIEF) The University of Exeter, Cornwall, in collaboration with The Cornwall College Group and other partners, introduces “The Future is Green,” a £2.2 million initiative aimed at cultivating skills necessary for the burgeoning green economy. Focused on sectors pivotal … Read the full press release

BBVA Expands Global Wealth Services with Miami-Based Entity

(IN BRIEF) BBVA Group announces the establishment of BBVA Global Wealth Advisors, Inc. in Miami, Florida, catering to high net-worth Latin American clients seeking international investment advisory solutions in the United States. The service targets non-US resident clients with assets … Read the full press release

Skanska’s Sustainable Investment: Final Phase of Park Scandinavia Estate in Warsaw

(IN BRIEF) Skanska Residential Development Poland is investing PLN 113M in the fifth and final stage of the Park Scandinavia estate in Warsaw’s Gocław district, featuring two seven-story buildings with 198 apartments. Embracing eco-friendly solutions, the project integrates a smart … Read the full press release

Vienna Stock Exchange Expands International Reach with Addition of Jump Trading Europe B.V.

(IN BRIEF) The Vienna Stock Exchange has broadened its international connections with the induction of Jump Trading Europe B.V. as a new international trading member, bringing the total membership to 70, with a significant portion comprising international banks and securities … Read the full press release

French Consortium Launches RESQUE Project for Post-Quantum Cryptography Solutions

(IN BRIEF) The RESQUE consortium, consisting of six French companies and organizations including Thales, TheGreenBow, CryptoExperts, and others, has initiated the RESQUE project aimed at developing post-quantum cryptography solutions to safeguard communications and networks against potential threats posed by quantum … Read the full press release

TÜV Rheinland Earns TAF Accreditation for Water Efficiency Management Systems Certification

(IN BRIEF) TÜV Rheinland achieves Taiwan Accreditation Foundation (TAF) accreditation for ISO 46001:2019 Water Efficiency Management Systems, reinforcing its commitment to sustainable water resource management. With water resource management aligning closely with the United Nations Sustainable Development Goals (SDGs), TÜV … Read the full press release

EQT Life Sciences Portfolio Company Amolyt Pharma Acquired by Alexion, AstraZeneca Rare Diseases for $1.05 Billion

(IN BRIEF) EQT Life Sciences announces the acquisition of its portfolio company, Amolyt Pharma, by Alexion, AstraZeneca Rare Diseases, for a total deal value of $1.05 billion. This acquisition underscores Amolyt’s significant advancements in developing novel treatments for rare endocrine … Read the full press release

NIB Supports Norway’s Green Maritime Transition with Norled AS Loan

(IN BRIEF) Nordic Investment Bank (NIB) has signed a 7-year loan agreement to support ferry and express boat operator Norled AS in its investments towards zero and low carbon vessels and associated land-based infrastructure in Norway from 2024 to 2030. … Read the full press release

Evonik Vland Biotech Launches Joint Venture to Enhance Animal Gut Health Solutions

(IN BRIEF) The joint venture, Evonik Vland Biotech, established by Evonik China and Shandong Vland Biotech, officially commenced operations in Binzhou, China, aiming to bolster the market presence of probiotics for livestock gut health in the Greater China region while … Read the full press release