(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
(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
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Ascan Egerer, Christoph MÜLLER, Cologne, electromobility, Innovative Curb Charger Pilot Project, partnership, Rheinmetall, Stephan Segbers, sustainability, TankE GmbH
(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
(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
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Asia-Pacific, Christy Wang, Emmanuel Jaclot, Jeff Chang, Mads Nipper, offshore wind farms, partnership, Patrick Harnett, Per Mejnert Kristensen, President Tsai Ing-wen, Shen Jong-chin, sustainability, Taiwan, Wang Mei-hua, Ørsted
(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
Posted in Banks, Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, News, Small Business, Sweden
Tagged Aktia Bank, André Küüsvek, environmental projects, Finland, Juha Hammarén, NIB, partnership, SMEs, sustainability, Sweden
(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
Posted in Banks, Business, Electronics & Machinery, Environment, Financial, Finland, Industrial, Investment, Management, News, Sweden, Technology
Tagged Electric Equipment R&D, Husqvarna, NIB, Nicolas Audibert, partnership, sustainability, Sweden
(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
(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
Posted in Business, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged 5G network, Finnvera, INDIA, Jussi Haarasilta, Miska Kuhalampi, Nokia, partnership, Reliance Jio
(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
Posted in Artificial Intelligence (AI), Business, Defence, European Union, Financial, France, Government, Industrial, Investment, Management, News, Norway, Security & Safety, Technology
Tagged AI Project, Benoît Plantier, EU Commission, Land Forces, Norway, Optronic Systems, partnership, STORE (Shared daTabase for Optronics image Recognition and Evaluation), Thales
(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
(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
Posted in Banks, Business, Cyprus, Economy, Financial, France, Government, Greece, Industrial, Insurance, Investment, Management, News
Tagged acquisition, CNP Assurances, Cyprus, Greece, Hellenic Bank, insurance, partnership
(IN BRIEF) Boliden, Nevel, Skellefteå Kraft, and Sveaskog have entered a letter of intent to conduct a feasibility study for establishing a hydrogen and biofuel value chain in Västerbotten, Sweden, with the aim of reducing CO2 emissions, particularly at the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden
Tagged biofuel, Boliden, carbon neutrality, hydrogen, Joachim Nordin, Mats Gustavsson, Nevel, partnership, Per Callenberg, Skellefteå Kraft, Stefan Johnsson, sustainability, Sveaskog, Sweco
(IN BRIEF) The European Investment Bank (EIB) has inked a €150 million loan deal with Helen Ltd, a prominent Finnish energy company owned by the City of Helsinki. This funding aims to bolster two new renewable-energy initiatives in the district … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Helen Ltd, Helsinki, investment, partnership, renewable energy, sustainability, Thomas Östros, Timo Rajala
(IN BRIEF) Outokumpu, in line with its company strategy announced in November 2023, has concluded negotiations with employee representatives regarding restructuring measures in Germany. The plan involves shutting down operations at the Dahlerbrück and Hockenheim sites and centralizing advanced materials … Read the full press release
Posted in Business, Financial, Finland, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News
Tagged Germany, Outokumpu, partnership, Restructuring Negotiations, Thomas Anstots
(IN BRIEF) Ericsson India and the Foundation for Innovation & Research in Science & Technology (F.I.R.S.T) at Indian Institute of Technology (IIT) Kanpur have announced a two-year strategic partnership aimed at driving innovation in Mobile Financial Services (MFS) and Fintech … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology, Telecom
Tagged Ericsson, financial innovation, Foundation for Innovation & Research in Science & Technology (F.I.R.S.T), IIT Kanpur, INDIA, Michael Wallis-Brown, Nitin Bansal, partnership, Prof. Ankush Sharma, sustainability
(IN BRIEF) MTU Aero Engines AG has achieved a significant milestone by successfully placing a €300 million promissory note (Schuldschein), which garnered strong investor interest and was oversubscribed by two-and-a-half times. CFO Peter Kameritsch noted that due to the high … Read the full press release
(IN BRIEF) Bechtle Group is launching a new subsidiary, Bechtle Additive Manufacturing Deutschland GmbH, in May 2024, dedicated to marketing industrial 3D printing solutions. Stemming from the successful track record of Bechtle PLM Deutschland, this spin-off aims to capitalize on … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged 3D printing solutions, Bechtle, Industrial, partnership, Patrick Schnizler, sustainability, Uwe Burk
(IN BRIEF) KSB, a leading manufacturer of pumps and valves, has announced plans to expand the production of Eta pumps at its headquarters in Frankenthal, Germany, making it the center of excellence for the latest generation of electronically controlled pumps … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Dr. Stephan Timmermann, Eta Pumps, Germany, KSB, partnership, sustainability
(IN BRIEF) TotalEnergies and Vanguard Renewables have established an equally owned joint venture to accelerate the development, construction, and operation of Farm Powered® renewable natural gas (RNG) projects in the United States. The agreement, signed in New York, marks a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Doug Vaccari, Larry Fink, Neil H. Smith, Olivier Guerrini, partnership, Patrick Pouyanné, Renewable Natural Gas Projects, sustainability, TotalEnergies, US, Vanguard Renewables
(IN BRIEF) TotalEnergies EP Congo, an 85%-owned affiliate of TotalEnergies, has inked a deal with Trident Energy, involving the acquisition of an additional 10% interest in the Moho license and the sale of its 53.5% interest in the Nkossa and … Read the full press release
(IN BRIEF) SFC Energy AG, a leading supplier of hydrogen and methanol fuel cells, has partnered with ConnectCom Sarl to develop a customized emergency power solution. The collaboration involves supplying stationary EFOY H₂Cabinet X series units and utilizing the H₂Genset … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Claude Dupont, ConnectCom Sarl, Dr. Peter Podesser, Emergency Power Solutions, Luxembourg, partnership, SFC Energy, sustainability
(IN BRIEF) Hexagon, a global leader in digital reality solutions, has announced the acquisition of Xwatch Safety Solutions, a provider of machine control hardware and software technologies for enhancing safety protocols on construction sites. Xwatch’s solutions, including height control and … Read the full press release
(IN BRIEF) Vodafone has announced a collaboration with Google aimed at simplifying cloud connectivity for businesses. This partnership involves the creation of one of the largest cloud-based software-defined wide area networks (SD-WANs) globally, providing customers with a virtual overlay on … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged businesses, Fanan Henriques, Google, Keith McCallion, Nadia Benabdallah, partnership, Streamline Cloud Connectivity, vodafone
(IN BRIEF) After over 17 years in orbit, NASA’s CloudSat satellite, constructed by BAE Systems, has concluded its mission, providing crucial data on cloud profiles and properties to improve weather prediction models. Launched in 2006, CloudSat was part of a … Read the full press release
(IN BRIEF) At the Hannover Messe, Volkswagen Group’s subsidiary Elli, in collaboration with airborne wind turbine manufacturer EnerKíte and the Technical University of Braunschweig, unveils a pioneering research project with potential to revolutionize electric vehicle charging. The project harnesses high-altitude … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Bettina Stark-Watzinger, Elli, Energy-Autonomous EV Charging Solution, EnerKíte, Florian Breipohl, Hannover Messe, Mark Möller, partnership, sustainability, Technical University of Braunschweig, Volkswagen
(IN BRIEF) Investitionsbank Berlin (IBB) is expanding its support for small and medium-sized enterprises (SMEs) in Berlin through a €24.5 million counter-guarantee provided by the European Investment Fund (EIF). This backing, facilitated by the InvestEU programme, allows IBB to enhance … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Berlin, European Investment Fund, Franziska Giffey, Hinrich Holm, Marjut Falkstedt, Nicola Beer, nvestitionsbank Berlin (IBB), partnership, SME, sustainability
(IN BRIEF) JT Group Limited has emerged as the first Channel Partner to offer Vodafone’s Scam Signal, a groundbreaking service designed to fortify fraud defenses for financial institutions. Developed by Vodafone Carrier Services, Scam Signal aims to combat impersonation scams, … Read the full press release
Posted in Business, Financial, Government, Industrial, Internet & Online, Investment, Law, Management, News, Security & Safety, Technology, Telecom, United Kingdom
Tagged Fanan Henriques, financial fraud, JT Group, partnership, Peter Stok, Scam Signal, Scott Taylor, SECURITY, vodafone
(IN BRIEF) DHL Freight has introduced its first fully electric heavy tractor-trailers, Mercedes-Benz eActros 300, in Germany, marking a significant step towards reducing greenhouse gas emissions in delivery and distribution transport. Deployed at the Koblenz and Hagen sites, these vehicles … Read the full press release
(IN BRIEF) International technology group ANDRITZ has secured an order from PT. Pabrik Kertas Indonesia (PT. Pakerin) to revamp two existing OCC lines at its mill in Surabaya, Indonesia. The overhaul aims to significantly enhance pulp quality, boosting competitiveness, operational … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, Indonesia, OCC Lines, partnership, PT. Pakerin, Suryomurti, sustainability
(IN BRIEF) Vattenfall and BASF have finalized an agreement for the sale of 49 percent of Vattenfall’s Nordlicht 1 and 2 wind farms to BASF, deepening their collaboration in renewable energy. Nordlicht, Vattenfall’s largest offshore wind project to date, is … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged acquisition, Anna Borg, BASF, Germany, Martin Brudermüller, Nordlicht Wind Farm, partnership, renewable energy, sustainability, Vattenfall
(IN BRIEF) Rolls-Royce has secured a $1 million contract from NASA’s Glenn Research Center to develop an Advanced Closed Brayton Cycle converter for next-generation space-based nuclear microreactors. Over a 12-month period, Rolls-Royce LibertyWorks will design a closed-cycle Brayton power conversion … Read the full press release
(IN BRIEF) Accenture has announced the launch of its new global creative campaign, “Reinvented with Accenture,” showcasing the company’s collaborative efforts with clients to drive significant business transformations. Developed in partnership with Droga5, the campaign aims to spotlight innovative projects, … Read the full press release
(IN BRIEF) A groundbreaking ceremony in Lägerdorf, Schleswig-Holstein, marked the official start of construction for one of the world’s first carbon-neutral cement plants. Notable attendees included Dr. Robert Habeck, Vice Chancellor and Federal Minister for Economic Affairs and Climate Protection, … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged Andreas X. Müller, Carbon-Neutral Cement, Daniel Günther, Dr. Cetin Nazikkol, Dr. Robert Habeck, holcim, Innovative Plant, Lägerdorf, partnership, sustainability, Thorsten Hahn, ThyssenKrupp, “pure oxyfuel” technology
(IN BRIEF) In a significant collaboration for Earth Day 2024, Covestro Taiwan and Chaoyang University of Technology have signed a Corporate Social Responsibility (CSR) plus University Social Responsibility (USR) MOU. This partnership expands their existing cooperation to develop an environmental … Read the full press release
Posted in Business, Chemicals, Education, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Chaoyang University of Technology, Covestro, Covestro Taiwan, Dr. Carsten Wildebrand, Dr. Dao-Ming Cheng, Dr. Joerg Polster, Environmental Education, partnership, sustainability
(IN BRIEF) Logicor, Europe’s leading logistics real estate owner, manager, and developer, has completed the installation of a 532 kWp photovoltaic (PV) plant near Girona, Spain. This initiative aims to reduce carbon emissions by 180 tons annually while providing sustainable … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, Transportation & Logistics, United Kingdom
Tagged Logicor, logistics, partnership, Pilar Valencia, Solar Initiative, Spain, sustainability
(IN BRIEF) Sand to Green, a beneficiary of the EBRD Star Venture programme, is making significant strides in combating desertification and promoting sustainable agriculture in Morocco. Founded by Benjamin Rombaut, Gautier De Carcouët, and Wissal Ben Moussa, the company utilizes … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged Benjamin Rombaut, Desert, EBRD, Gautier De Carcouët, MOROCCO, partnership, Sand to Green, sustainability, Wissal Ben Moussa
(IN BRIEF) ROHM and STMicroelectronics have announced the expansion of their multi-year agreement for the supply of silicon carbide (SiC) substrate wafers. This deal, valued at a minimum of $230 million, will see larger volumes of SiC substrate wafers being … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Switzerland, Technology
Tagged Dr. Robert Eckstein, Geoff West, Germany, partnership, Röhm, Semiconductor Capacity, SiC Substrate Supply, SiCrystal, STMicroelectronics, sustainability
(IN BRIEF) Neste has achieved a significant milestone in chemical recycling by processing pyrolysis oil derived from discarded vehicle tires, supplied by Scandinavian Enviro Systems, into high-quality raw material for new plastics and chemicals at its refinery in Porvoo, Finland. … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Science, Sweden, Technology
Tagged Andreas Teir, chemicals, Discarded Tires, Enviro Systems, High-Quality Raw Material, Neste, partnership, plastics, pyrolysis oil, recycling, Susanna Sieppi, sustainability, Sweden
(IN BRIEF) Siemens Mobility has secured contracts with Banedanmark and DSB to upgrade Copenhagen’s S-bane network to the highest level of automation, GoA4 technology, by 2030. This upgrade, part of the “Future S-bane” program, aims to enhance capacity, passenger experience, … Read the full press release
Posted in Business, Denmark, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Automatic Urban Railway, Banedanmark, Copenhagen, DSB, Jürgen Müller, Michael Peter, partnership, S-bane Network, Siemens, Siemens Mobility, sustainability
(IN BRIEF) During a visit to Muscat, Patrick Pouyanné, Chairman and CEO of TotalEnergies, reaffirmed the enduring partnership between TotalEnergies and Oman by announcing the Final Investment Decision (FID) for the Marsa LNG project. This project, in collaboration with OQ, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, News
Tagged His Excellency Eng. Salim bin Nasser Al Aufi, His Majesty Sultan Haitham bin Tariq Al Said, LNG Production, Marsa LNG Project, Mr. Mulham Basheer Al Jarf, Oman, OQ, partnership, Patrick Pouyanné, sustainability, TotalEnergies
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