(IN BRIEF) Nordic Investment Bank (NIB) has agreed on a DKK 1 billion (EUR 134.4 million) loan agreement with Energinet, the Danish transmission system operator, to install 10 new substations and refurbish or upgrade 45 existing ones in Denmark between … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, News
Tagged André Küüsvek, Denmark, Energinet, Nordic Investment Bank, power grid, Torben Thyregod
(IN BRIEF) AkzoNobel held its Annual General Meeting today, where all resolutions were voted in favor by shareholders. This includes adopting the company’s 2022 financial statements, agreeing on a dividend policy and total dividend per share of €1.98 for 2022, … Read the full press release
(IN BRIEF) Salzgitter Flachstahl GmbH, a subsidiary of the Salzgitter Group, has signed a long-term power supply contract with Spanish energy producer Iberdrola Deutschland. Under the power purchase agreement (PPA), Salzgitter Flachstahl has secured 114 MW of green electricity for … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Spain
Tagged Felipe Montero, green energy supply, Gunnar Groebler, Iberdrola, low-carbon, partnership, Salzgitter, steelmaking
(IN BRIEF) Wereldhave has announced the (re)appointment of key members of its Executive and Supervisory Boards after approval by the Annual General Meeting of shareholders. Matthijs Storm has been reappointed as CEO for a term of four years, following a … Read the full press release
Posted in Business, Management, Netherlands, News, Real Estate
Tagged CEO, Françoise Dechesne, Matthijs Storm, Reappointed, Wereldhave, William Bontes
(IN BRIEF) Symrise, the German-based fragrance and flavor manufacturer, has won the “Hair Care/Scalp Care Ingredient” category at the PCHi Fountain Awards in China for its green anti-dandruff ingredient, Crinipan® PMC green. The ingredient is the first new anti-dandruff product … Read the full press release
Posted in Awards, Chemicals, Food & Beverage, Germany, Industrial, Management, News
Tagged Crinipan PMC Green, Hair Care Ingredient Award, Laura Meunier, PCHi Fountain Awards, Symrise
(IN BRIEF) Volkswagen’s battery company, PowerCo SE, plans to build its largest gigafactory in St. Thomas, Ontario, Canada, with an annual production capacity of up to 90 GWh in the final expansion phase. The plant will be PowerCo’s second pillar … Read the full press release
(IN BRIEF) John Williamson has been appointed as the interim chairman of the London Metal Exchange (LME), effective from April 28, 2023. Williamson will replace Gay Huey Evans, who will be stepping down at the end of April. Williamson is … Read the full press release
(IN BRIEF) Nestlé and private equity firm PAI Partners have announced a joint venture for Nestlé’s frozen pizza business in Europe. The transaction, which is subject to employee consultations and regulatory approvals, is expected to close in H2 2023. Financial … Read the full press release
Posted in Business, Food & Beverage, Management, News, Switzerland
Tagged Frédéric Stévenin, frozen pizza, Marco Settembri, Nestlé, PAI, partnership
(IN BRIEF) CUPRA has launched the Exponential Experience, the world’s first electric racing experience that merges virtual and physical worlds, at its Exponential Impulse event in Berlin during the ABB FIA Formula E World Championship. The Exponential Experience allows drivers … Read the full press release
Posted in Automotive, Management, News, Spain, Technology
Tagged CUPRA, racing, UrbanRebel, Xavi Serra
(IN BRIEF) CUPRA has unveiled Metahype, a virtual island in the metaverse designed for brands, creators and communities to collaborate and live emotional experiences. The innovative platform was presented at CUPRA’s Exponential Impulse event in Berlin and is made up … Read the full press release
Posted in Automotive, Management, News, Spain, Technology
Tagged CUPRA, Metahype, Sven Schuwirth
(IN BRIEF) Spanish car manufacturer CUPRA has unveiled its virtual sports car, the CUPRA DarkRebel, which is the first showcar presented through Metahype, CUPRA’s space in the metaverse. The DarkRebel is defined by its sharp lines and the athletic proportion … Read the full press release
Posted in Automotive, Management, News, Spain, Technology
Tagged 'DarkRebel', CUPRA, sports car, Virtual, Wayne Griffiths
(IN BRIEF) Groupe BPCE and Paris Musées have signed a three-year partnership agreement to create the “Petit Palais du Sport” venue for the company during the Paris 2024 Olympic and Paralympic Games. The partnership will fund the restoration of the … Read the full press release
(IN BRIEF) The University of Warwick has launched its ‘Rate Your Landlord’ platform, which allows students to leave feedback and reviews about their renting experiences to help others make informed decisions when choosing a landlord or rental property. The platform, … Read the full press release
Posted in Education, Management, News, United Kingdom
Tagged Adele Browne, Andrew Day, Jack Sperry, Rate Your Landlord, rentals, safe, students, University of Warwick
(IN BRIEF) The University of Warwick has been named ‘Esports University of the Year’ for the fifth consecutive year by National Student Esports, beating 111 other institutions. The university’s dedication to promoting esports and supporting student gamers was praised, with … Read the full press release
Posted in Awards, Education, Entertainment, Management, News, Technology, United Kingdom
Tagged 'Esports University', Adele Browne, Award, Caity Emery, UK, Warwick
(IN BRIEF) A group of students from the Technical University of Munich (TUM) have developed an experiment to investigate the aging process of brain cells aboard the International Space Station (ISS). The experiment was launched in March aboard a Falcon … Read the full press release
Posted in Education, Germany, Management, News, Science
Tagged "Überflieger 2", brain cell aging, experiment, Falcon 9, Fanny Rößler, International Space Station, study, TUM students
(IN BRIEF) A new study published in the European Journal of Preventive Cardiology reveals that a high-quality diet that emphasises whole foods and minimises packaged and processed foods reduces the likelihood of having a heart attack or stroke. The study, … Read the full press release
Posted in Food & Beverage, France, Healthcare, Management, News, Science
Tagged cardiovascular disease, Dr. Darryl Wan, ESC, heart attack, processed foods, Professor Sonia Anand, red meat, stroke
(IN BRIEF) Australian company Clough, a subsidiary of Webuild Group, has reached financial closure with Saipem on the Ceres urea plant in Western Australia. The $2.8bn contract with Perdaman Chemicals and Fertilisers will make the largest plant of its kind … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Italy, Management, News
Tagged Clough, Pietro Salini, Saipem, urea plant, Webuild, Western Australia
(IN BRIEF) AFRY, a Swedish engineering company, has decided to terminate its involvement in hydropower projects in Myanmar due to the worsening human rights situation in the country. AFRY has been working on several projects for over 20 years, aiming … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Sweden
Tagged AFRY, human rights, hydropower projects, Myanmar
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is lending €10.6 billion to Electrotrans, the urban transport company for the western Ukrainian city of Khmelnytskyi, to purchase new trolleybuses and maintenance and diagnostic equipment. The project is part … Read the full press release
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