Pioneering Collaboration Transforms Sustainable Transport for IKEA in Portugal

(IN BRIEF) IKEA, in partnership with Scania Group and transporter KLOG, is launching heavy-duty electric vehicles for transporting its products in Portugal. Starting in late June, these vehicles will move goods from the IKEA Industry factory in Paços de Ferreira … Read the full press release

ZF LIFETEC Innovates Dual Contour Airbag for Enhanced Safety in Automated Driving

(IN BRIEF) ZF LIFETEC, a division of ZF Group based in Alfdorf, Germany, has introduced advanced dual contour airbag technology aimed at enhancing safety in automated driving scenarios. The dual contour airbag adjusts its size and inflation pressure based on … Read the full press release

Logicor Breaks Ground on Cutting-Edge Logistics Facility in Gothenburg, Sweden

(IN BRIEF) Logicor, a key player in European logistics real estate, has commenced construction on a state-of-the-art logistics facility in Backa, Gothenburg, Sweden. This project marks Logicor’s strategic expansion in Sweden, aiming to meet the high demand for modern, sustainable … Read the full press release

Grupo Oesía and Thales Forge Strategic Alliance to Enhance Defence and Security Technologies

(IN BRIEF) Grupo Oesía and Thales have finalized a strategic collaboration agreement at the Eurosatory fair in Paris, aimed at advancing technology development in defence, security, aerospace, naval, digital transformation, and cybersecurity sectors. The partnership seeks to integrate their respective … Read the full press release

Amey Secures £30 Million Contract to Enhance Northern Ireland’s Water Infrastructure

(IN BRIEF) Amey has secured a new £30 million contract with Northern Ireland’s Department for Infrastructure Rivers to provide civil engineering consultancy and water management services over up to five years. The contract includes improving watercourses, constructing flood defenses, and … Read the full press release

STRABAG to Construct Česká spořitelna’s Futuristic Headquarters in Prague’s Smíchov District

(IN BRIEF) STRABAG a.s., part of STRABAG SE’s Czech subsidiary, has secured a leading role in constructing Česká spořitelna’s new headquarters in Prague’s Smíchov district. This project, part of the Smíchov City development, will include four office buildings covering 75,000 … Read the full press release

Merck and Michael J. Fox Foundation Collaborate to Advance Parkinson’s Research with Innovative Biomarker Technology

(IN BRIEF) Merck and The Michael J. Fox Foundation (MJFF) are collaborating to advance Parkinson’s disease research using Merck’s SMCxPRO® immunoassay technology. This initiative aims to detect biomarkers indicating cell dysfunction in PD patients, enhancing research into new treatment options … Read the full press release

UK Economy Set for Multi-Million Pound Boost During European Championships and Paris Olympics

(IN BRIEF) The UK economy is expected to receive a significant boost as fans spend an additional £233 million during the European Championships and Paris Olympics this summer. Experian Economics highlights increased spending in pubs, bars, supermarkets, and on electronics … Read the full press release

Accenture to Acquire Italian Network Services Company Fibermind

(IN BRIEF) Accenture has agreed to acquire Fibermind, an Italy-based company specializing in fiber and mobile 5G network deployment and infrastructure engineering services. This acquisition will enhance Accenture’s network services capabilities for clients in telecommunications, utilities, and transportation. Fibermind brings … Read the full press release

Naas General Hospital Becomes Academic Nurse Teaching Hospital in Partnership with Trinity College Dublin

(IN BRIEF) Naas General Hospital (NGH) has been designated as an Academic Nurse Teaching Hospital in partnership with Trinity College Dublin. Starting in September, 12 nursing students will complete their clinical placements at NGH, gaining diverse experience in various healthcare … Read the full press release

Telecom Egypt Reduces Caller ID Spoofing by 90% with Enea’s Voice Firewall

(IN BRIEF) Telecom Egypt has achieved a 90% reduction in caller ID spoofing fraud since deploying Enea’s voice firewall solution. Initially, over 8% of incoming calls were identified and blocked as fraudulent, deterring scammers from targeting the network further. This … Read the full press release

Ericsson Secures Two Red Dot Awards for Cutting-Edge Design in 5G Technology

(IN BRIEF) Ericsson has been awarded two Red Dot Awards 2024 for the innovative design and user experience of its Radio 4471 and Streetmacro 6705. The Radio 4471, notable for its ultra-lightweight design, reduces weight by 40%, enhancing deployment efficiency … Read the full press release

Henkel Opens Second Application Center in North Vietnam to Drive Innovation in Footwear and Fashion

(IN BRIEF) Henkel has opened a second Application Center in Thanh Hoa, North Vietnam, to support leading sports and fashion brands in Asia-Pacific and Greater China. This center complements Henkel’s existing facility in Bien Hoa, Ho Chi Minh, enhancing local … Read the full press release

Diabetes Costs UK £14 Billion Annually, Highlights Need for Continued Investment in Prevention and Care

(IN BRIEF) A new study reveals that diabetes cost the UK nearly £14 billion in 2021/22, with over £10 billion in direct NHS costs. Complications from diabetes account for the largest share of these costs. Despite advancements in management technologies, … Read the full press release

Ahlstrom Boosts Support for UNICEF’s Global Education Program with Major Investment

(IN BRIEF) Ahlstrom, as part of the Ahlström Collective Impact initiative, will invest nearly EUR 800,000 in UNICEF’s global educational program in 2024. This collaboration aims to address the digital divide by bringing digital learning to millions of children, training … Read the full press release

Maersk’s Green Methanol Vessel, Astrid Maersk, Arrives in Koper, Slovenia

(IN BRIEF) Maersk’s second large vessel powered by green methanol, Astrid Maersk, arrived at the Port of Koper, Slovenia, marking a significant step in Maersk’s goal to achieve Net-Zero greenhouse gas emissions by 2040. The vessel, part of Maersk’s AE12 … Read the full press release

Deutsches Museum and Technical University of Munich Unveil “Light and Matter” Exhibition on Quantum Physics

(IN BRIEF) The Deutsches Museum in Munich, in collaboration with the Technical University of Munich and the Munich Centre for Quantum Science and Technology (MCQST), is launching the “Light and Matter” exhibition. This exhibition aims to make quantum physics accessible … Read the full press release

ANDRITZ to Supply Needlepunch Line to Şiteks for Expanded Production

(IN BRIEF) ANDRITZ has been selected by Turkish insulation felt manufacturer Şiteks to supply a complete needlepunch line for its Tekirdag facility. This investment will significantly increase Şiteks’ production capacity to meet global demand for needlepunched nonwoven insulation products in … Read the full press release

Vestas Awarded EPC Contract for Second Stage of Golden Plains Wind Farm by TagEnergy

(IN BRIEF) TagEnergy has awarded Vestas the Engineering, Procurement, and Construction (EPC) contract for the second stage of the Golden Plains Wind Farm in Australia. This stage will include 93 Vestas V162-6.2 MW wind turbines, adding 577 MW to the … Read the full press release

ESA Scientists Use Meteorite Dust to 3D Print Lunar Shelter Bricks, Inspired by LEGO®

(IN BRIEF) The European Space Agency (ESA) has developed 3D printed bricks, called ESA Space Bricks, using 4.5 billion-year-old meteorite dust, inspired by LEGO bricks. These bricks are part of a project to explore using space materials for building astronaut … Read the full press release

SIX Launches Tailored Global Equity Indices to Simplify Financial Insights and Operations

(IN BRIEF) SIX, a leading global financial information provider, has unveiled a new series of global equity indices designed specifically for retail, private banking, and asset management sectors. These indices aim to simplify access to comprehensive equity investment views and … Read the full press release

Drone-Powered 5G Connectivity Enables Remote Control of Forestry Machines in Sweden’s Forests

(IN BRIEF) In a pioneering collaboration involving several organizations including Telia, Ericsson, and Volvo CE, supported by Vinnova, a successful test was conducted using a drone equipped with a portable mobile base station to provide 5G connectivity in remote forest … Read the full press release

CEB and HOWOGE Partner to Boost Affordable Housing in Berlin with €100 Million Loan

(IN BRIEF) The Council of Europe Development Bank (CEB) and HOWOGE, Berlin’s municipal housing company, have finalized a €100 million loan agreement aimed at constructing more than 1,000 new residential units in Berlin. This collaboration, the first of its kind … Read the full press release

WACKER Unveils Advanced Silicone Solutions for Battery Safety and Efficiency at Battery Show Europe 2024

(IN BRIEF) WACKER, a Munich-based chemical company, is set to unveil its latest silicone innovations at Battery Show Europe 2024 in Stuttgart. The focus will be on ELASTOSIL® CM 185, a new silicone rubber compound designed for battery safety in … Read the full press release

Allianz Trade and BPL Revolutionize Insurance Enquiry Processing with Digital Integration

(IN BRIEF) Allianz Trade and BPL have launched a pioneering collaboration aimed at streamlining the processing of bank non-payment insurance enquiries. Utilizing API integration via Verisk’s Whitespace platform, the initiative eliminates manual data entry inefficiencies and enhances data security. This … Read the full press release

Equinor Expands Onshore Renewables Footprint in Poland with Lipno Solar Plant

(IN BRIEF) Equinor has commenced test production at its third solar plant in Poland, Lipno, marking a significant milestone in expanding its onshore renewables portfolio in the region to approximately 200 MW. This development underscores Equinor’s commitment to strengthening its … Read the full press release

Hexagon Strengthens AECO Portfolio with Acquisition of Voyansi

(IN BRIEF) Hexagon, a global leader in digital reality solutions, has acquired Voyansi, a provider specializing in BIM and VDC solutions for the AECO industry. This acquisition aims to enhance Hexagon’s offerings in reality capture and construction digitization, enabling advanced … Read the full press release

BASF and WHW Recycling Forge Partnership to Enhance Battery Recycling in Europe

(IN BRIEF) BASF and WHW Recycling have formed a strategic partnership aimed at enhancing the sustainability of battery cell production in Europe. WHW Recycling will operate two new separation plants in Baudenbach, Germany, by year-end to process cathode and anode … Read the full press release

EURENCO and Thales Forge Strategic Partnership to Enhance Defense Supply Chains at EUROSATORY 2024

(IN BRIEF) EURENCO and Thales have announced a strategic partnership at EUROSATORY 2024 to enhance their supply chains for critical energy materials and components. This agreement ensures a secure procurement of materials such as powders and explosives essential for guided … Read the full press release

EY Highlights Battery Storage’s Role in Global Energy Transition, Identifies Top Investment Markets

(IN BRIEF) EY’s latest Renewable Energy Country Attractiveness Index (RECAI 63) underscores the critical role of battery energy storage systems (BESS) in addressing global energy challenges amid substantial clean energy investments. The index identifies the US, China, and the UK … Read the full press release

EY Implements Microsoft Dynamics 365 Sales Globally, Aiming for 100,000 Users by 2025

(IN BRIEF) EY has launched a global deployment of Microsoft Dynamics 365 Sales and Copilot for Sales across its organization, aiming to reach 100,000 professionals in 700 offices across 150 countries by January 2025. This initiative positions EY as one … Read the full press release

Sweden’s Forsmark and Ringhals Nuclear Plants Extend Reactor Lifespan to Boost Fossil-Free Electricity Supply

(IN BRIEF) The owners of Sweden’s Forsmark and Ringhals nuclear power plants have decided to extend the operational life of their reactors from 60 to 80 years. This initiative aims to increase the production of fossil-free electricity into the 2060s, … Read the full press release

L3Harris Partners with Accenture to Accelerate Technology Modernization and Digital Transformation

(IN BRIEF) L3Harris Technologies has entered into a strategic partnership with Accenture to accelerate its technology modernization efforts through the LHX NeXt initiative. This collaboration aims to establish a robust digital foundation, optimize operational efficiencies, and foster future growth. Accenture … Read the full press release

AFRY Launches Initiative to Advance Gravity Based Foundations for Offshore Wind in Northern Baltic Sea

(IN BRIEF) AFRY has launched a Joint Industry Project (JIP) focused on Gravity Based Foundations (GBFs) for offshore wind energy in the Northern Baltic Sea. Recognizing the region’s potential to generate over 100 GW of offshore wind power by 2050, … Read the full press release

Shell to Enhance LNG Leadership with Pavilion Energy Acquisition from Temasek Subsidiary

(IN BRIEF) Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc, has agreed to acquire Pavilion Energy Pte. Ltd. from Carne Investments Pte. Ltd., a subsidiary of Temasek. This acquisition includes Pavilion Energy’s global LNG trading business, which handles … Read the full press release

EIB Global Invests $50 Million in Climate-Resilient Bridges to Enhance Rural Connectivity in Papua New Guinea

(IN BRIEF) EIB Global has invested $50 million to construct nine climate-resilient bridges across East Sepik and Madang provinces in Papua New Guinea, as part of the Bridge Replacement for Improved Rural Access project. This initiative, co-financed by the Asian … Read the full press release

Thiess Secures Four-Year Contract Extension with BHP Mitsubishi Alliance

(IN BRIEF) Thiess, a prominent global mining services provider, has secured a substantial four-year contract extension with BHP Mitsubishi Alliance (BMA) for operations at the Caval Ridge mine in Queensland, Australia. Valued at $580 million, the contract reaffirms Thiess’ role … Read the full press release

PUMA Teams Up with Rosé of BLACKPINK to Redefine Classic Style and Culture

(IN BRIEF) PUMA has announced a new partnership with Rosé from BLACKPINK, one of K-pop’s most influential groups. As PUMA’s newest ambassador, Rosé will collaborate on global campaigns and the “Rewrite the Classics” initiative, focusing on iconic PUMA styles. Her … Read the full press release

PUMA Launches CLOUDSPUN Collection: Elevating Comfort and Performance in Athletic Wear

(IN BRIEF) PUMA has launched its CLOUDSPUN Collection, featuring innovative athletic wear known for its ultra-soft fabric and advanced performance features such as moisture-wicking and 4-way stretch. The collection includes a range of men’s and women’s apparel designed for comfort … Read the full press release

Mutares Expands SFC Group with CIKAUTXO China Acquisition, Boosting Automotive Sector Presence

(IN BRIEF) Mutares SE & Co. KGaA has completed the acquisition of CIKAUTXO Rubber & Plastic Components (Kunshan) Co., Ltd. (“Cikautxo China”) from CIKAUTXO S.COOP. This acquisition strengthens Mutares’ SFC Group under Amaneos, enhancing its global presence in plastic-based systems … Read the full press release