Monthly Archives: April 2023

EIB launches “EU for Ukraine Initiative” to support reconstruction and recovery efforts

(IN BRIEF) The European Investment Bank (EIB) has launched the “EU for Ukraine Initiative” to support reconstruction and recovery efforts in Ukraine, following the full-scale Russian invasion in 2022. The initiative includes the establishment of a Trust Fund to enable … Read the full press release

La BEI investe in un’azienda irlandese di dispositivi medici per un dispositivo per il trattamento dell’acufene

(NOTIZIA IN BREVE) La Banca europea per gli investimenti (BEI) ha investito 15 milioni di euro in Neuromod Devices Ltd per supportare la commercializzazione del suo dispositivo per il trattamento dell’acufene, Lenire. Il dispositivo ha ottenuto l’approvazione De Novo dalla … Read the full press release

EIB invests in Irish medical device company for tinnitus treatment device

(IN BRIEF) The European Investment Bank (EIB) has invested €15 million in Neuromod Devices Ltd to support the commercialization of its tinnitus treatment device, Lenire. The device has been granted De Novo approval from the US FDA and has shown … Read the full press release

Le secteur de l’hydrogène en Wallonie et en Belgique est prêt à prospérer grâce au partenariat de la BEI

(ACTUALITÉ EN BREF) La Région wallonne a signé un protocole d’accord avec la Banque européenne d’investissement (BEI) pour favoriser la collaboration dans le secteur de l’hydrogène. L’accord permettra aux projets wallons d’être éligibles au soutien de la BEI, y compris … Read the full press release

Hydrogen Sector in Wallonia, Belgium Set to Thrive with EIB Partnership

(IN BRIEF) The Walloon Region has signed a memorandum of understanding with the European Investment Bank (EIB) to foster collaboration in the hydrogen sector. The agreement will enable Walloon projects to be eligible for EIB support, including financing, guidance, and … Read the full press release

Siemens Smart Infrastructure expands medium voltage portfolio with new solution for fast fault location and grid transparency

(IN BRIEF) Siemens Smart Infrastructure has launched new solutions for sustainable and smart medium voltage switchgear. The SIBushing, a sustainable and intelligent solution for smart switchgear, is designed to provide transparency and high-precision measurement of distribution systems while consuming significantly … Read the full press release

Siemens and Microsoft demonstrate AI-powered factory automation at Hannover Messe

(IN BRIEF) Siemens and Microsoft are partnering to integrate Siemens’ Teamcenter software with Microsoft’s collaboration platform Teams and Azure AI capabilities. The goal is to enhance cross-functional collaboration and utilize generative AI to drive innovation and efficiency across the design, … Read the full press release

BASF’s Swiss and US manufacturing sites receive ISCC PLUS certification for plastic additives

(IN BRIEF) BASF has received the International Sustainability and Carbon Certification (ISCC) PLUS for certain grades of plastic additives produced at its manufacturing sites in Switzerland and the United States. This certification allows BASF to offer more sustainable grades of … Read the full press release

Colas Foundation Contributes Over €20,000 to Support Education and Vocational Training for Young People in Marrakech

(IN BRIEF) The Colas Foundation, after 30 years of supporting contemporary art, has decided to shift its focus to social issues. The foundation will now support initiatives that promote social and professional integration of children and young people through education, … Read the full press release

DNV verifies Salmon Evolution’s alignment towards sustainability framework for green loan

(IN BRIEF) Norwegian land-based salmon farming company, Salmon Evolution, has secured a NOK 1.55 million green debt financing package, which is expected to provide sufficient financial runway and buffer to refinance phase 1 and finance early phase 2 at Indre … Read the full press release

PNE AG to Expand Wind Farm Capacity to 207 Megawatts

(IN BRIEF) Renewable energy company PNE AG is expanding its wind farm portfolio to generate more electricity. Currently, wind farms with a capacity of 207 megawatts are in various stages of development across Germany and France, and are expected to … Read the full press release

STFC’s Higgs Centre supports AI, robotics and Earth observation firms

(IN BRIEF) The Higgs Centre, part of the Science and Technology Facilities Council (STFC) in Edinburgh, has provided over £10m in investment to start-ups since its opening in 2018, creating over 100 jobs. The Higgs Centre focuses on supporting businesses … Read the full press release

NAGRA’s forensic watermarking integrated into QTAKE’s video assist tool for movie and TV production

(IN BRIEF) NAGRA, a subsidiary of the Kudelski Group, has announced the integration of NAGRA NexGuard QuickMark forensic watermarking into QTAKE’s video assist collaboration solutions to protect live video and playback during movie and TV production. This integration marks the … Read the full press release

ENGIE partners with Bpifrance and ADEME to decarbonize its small- to medium-sized suppliers

(IN BRIEF) Energy company ENGIE is offering 1,000 of its small to medium-sized suppliers and subcontractors the opportunity to take part in the Diag Décarbon’Action initiative, in partnership with Bpifrance and ADEME. The initiative aims to support companies in carrying … Read the full press release

Rheinmetall’s Castings Unit Secures Order for Hybrid Vehicle Engine Blocks

(IN BRIEF) Rheinmetall’s Materials and Trade division has secured an order from Shanghai Automotive Industry Corporation (SAIC) to produce over 500,000 engine blocks for a hybrid vehicle worth a figure in the mid-double-digit million-euro range. The Castings business unit of … Read the full press release

Continental’s Changzhou plant to add 13 million m2 of high-performance composite surface materials

(IN BRIEF) Continental, a technology company, has announced the beginning of Phase III expansion of its joint venture in China with Jiangsu Changshun Group. The project will include the construction of new plant buildings, raw material warehouses, public and auxiliary … Read the full press release

Continental introduces child-presence-detection feature to its digital access system for passenger safety

(IN BRIEF) Technology company Continental has announced the addition of a Child-Presence-Detection (CPD) function to its digital access system, CoSmA, in order to further enhance passenger safety. The CPD function uses ultra-wideband (UWB) technology to detect the presence of children … Read the full press release

France and Netherlands Sign MoU to Strengthen Technological Capacity and Autonomy in EU

(IN BRIEF) The French Alternative Energies and Atomic Energy Commission (CEA) and Dutch Organisation for Applied Scientific Research (TNO) have signed a Memorandum of Understanding (MoU) to strengthen their collaboration in research and innovation. The agreement aims to enhance the … Read the full press release

Saab signs contract for support and maintenance services for JAS 39 Gripen C/D fighter aircraft

(IN BRIEF) Swedish defence company Saab has signed a contract with the Swedish Defence Materiel Administration for support and maintenance services for the JAS 39 Gripen C/D fighter aircraft. The order is valued at SEK 308m ($35.3m) and includes development, … Read the full press release

Loughborough University expands research and teaching partnerships with Symbiosis International University in India

(IN BRIEF) Loughborough University in the UK has signed a Memorandum of Understanding with Symbiosis International University (SIU) in India, which is one of the country’s leading private universities. The agreement follows initial discussions that took place during a Vice-Chancellor’s … Read the full press release