(IN BRIEF) Caixa Geral de Depósitos (CGD) and the European Investment Fund (EIF) have signed an agreement to provide up to €378 million in new credit lines for Portuguese small and medium-sized enterprises (SMEs). Supported by the InvestEU program, the … Read the full press release
Posted in Banks, Business, European Union, Financial, Luxembourg, Portugal, Small Business
Tagged Caixa Geral de Depósitos, Caixa InvestEU Green, Caixa InvestEU Inovação, Caixa InvestEU Start, CGD, EIF, European Investment Fund, InvestEU program, Marjut Falkstedt, Paolo Gentiloni, Paulo Moita de Macedo, Ricardo Mourinho Félix, SMEs
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing €56 million in Eldorado Gold Corporation to support the development of the Skouries copper and gold mine in Greece. The investment aims to foster a sustainable and inclusive … Read the full press release
(IN BRIEF) During the World Circular Economy Forum (WCEF) 2023, environment-focused directors from leading Multilateral Development Banks (MDBs) met to discuss the circular economy for the first time. The African Development Bank (AfDB), the European Bank for Reconstruction and Development … Read the full press release
Posted in Banks, Environment, Financial, Finland, Luxembourg, Management
Tagged AfDB, African Development Bank, biodiversity loss, circular economy transition, climate change, EBRD, EIB, European Bank for Reconstruction and Development, European Investment Bank, IDB, IDB Invest, Inter-American Development Bank, MDBs, Multilateral Development Banks, pollution, WCEF, World Bank, World Circular Economy Forum
(IN BRIEF) Versalis, the chemical company of Eni, has partnered with Gruppo Boero, a leading provider of paint products for the yachting industry, to develop sustainable solutions for yacht manufacturing. Versalis has created eco-friendly hardeners for epoxy systems using over … Read the full press release
(IN BRIEF) James Hillman has been appointed as the Chief Risk Officer of Aviva plc, a global insurance company. Currently serving as the CFO of Scottish Widows and Finance Director of Lloyds Banking Group’s Insurance, Pensions, and Investments Division, Hillman … Read the full press release
Posted in Business, Financial, Insurance, Management, United Kingdom
Tagged Amanda Blanc, appointment, Aviva plc, Chief Risk Officer, insurance, investments, James Hillman, Lloyds Banking Group, pensions, Scottish Widows
(IN BRIEF) BASF, a global chemical company, has updated its sustainability assessment method called TripleS (Sustainable Solution Steering) to further advance its product portfolio towards climate protection, resource efficiency, and circular economy. TripleS, which has been in place since 2012 … Read the full press release
Posted in Business, Chemicals, Germany, Industrial, Management
Tagged BASF, Dr. Martin Brudermüller, EU Chemicals Strategy, Portfolio Sustainability Assessment, sustainability assessment method, Toxic Substances Control Act, transparency, TripleS, TSCA, World Business Council for Sustainable Development
(IN BRIEF) Deutsche Telekom, a leading telecommunications company, has expanded its involvement in blockchain technology by becoming a validator on Polygon, the prominent Ethereum Layer-2 scaling platform. Deutsche Telekom’s subsidiary, Deutsche Telekom MMS, will provide staking and validation services on … Read the full press release
Posted in Business, Germany, Industrial, Internet & Online, Technology, Telecom
Tagged blockchain technology, CELO, Chainlink, Deutsche Telekom, Deutsche Telekom MMS, Dirk Röder, ethereum, Ethereum Layer-2 scaling platform, Flow, Michael Blank, Polygon, Polygon Labs, PoS network, Proof-of-Stake, Q, Supernets solutions
(IN BRIEF) E.ON and alpitronic have partnered to accelerate the growth of e-mobility by deploying 4,500 additional fast-charging stations across Europe by 2025. With the goal of registering 15 million electric vehicles in Germany by 2030, E.ON is investing in … Read the full press release
(IN BRIEF) TotalEnergies and Tree Energy Solutions (TES) have formed a partnership to develop a large-scale production unit for e-natural gas (e-NG) in the United States. The project aims to produce 100,000 to 200,000 metric tons of e-NG per year … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Infrastructure & Utilities, Technology
Tagged biogenic CO2, CO2, e-natural gas, e-NG, electrolyzer, natural gas liquefaction, Renewable hydrogen, solar energy, synthetic gas, TES, TotalEnergies, Tree Energy Solutions, wind energy
(IN BRIEF) Anglo American, a global mining company, has announced significant changes to its senior management team and organizational structure. The company has appointed Al Cook as CEO of De Beers, Alison Atkinson as Projects & Development Director, and Monique … Read the full press release
Posted in Business, Industrial, Management, Metals and Minerals, News, United Kingdom
Tagged Alison Atkinson, Anglo American, De Beers, Duncan Wanblad, Helena Nonka, leadership, Matt Daley, Monique Carter, Peter Whitcutt, Richard Price, Ruben Fernandes, senior management team, Stephen Pearce – Finance Director Al Cook, Themba Mkhwanazi, Tom McCulley
(IN BRIEF) DNV and Emirates Steel Arkan have formed a strategic partnership to accelerate decarbonization efforts in the steel and building materials producer industry. The five-year collaboration aims to achieve net zero emissions in line with the UAE’s climate neutrality … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Industrial, Management, Metals and Minerals, Norway
Tagged building materials producer, climate neutrality, decarbonization, digitalization, DNV, Emirates Steel Arkan, Eng. Saeed Ghumran Al Remeithi, Geir Fuglerud, SCPA, STEEL, Supply Chain & Product Assurance, traceability
Map of Peace is an online platform that helps Russian-speaking anti-war activists by serving as a centralized hub for all their initiatives, maximizing the organizing capabilities of the massive global community The platform currently hosts 144 such initiatives and is … Read the full press release
Posted in Government, Lithuania, Media, Politics, Russia, Security & Safety, Society, Ukraine
Tagged activists, anti-war, anti-war Russian diaspora, antiwar, Congress of Antiwar Initiatives, countering propaganda, FAR, Feminist Anti-War Resistance, Free Russia, Free Russia Netherlands, full-scale invasion, humanitarian aid for Ukrainians, invasion of Ukraine, Kovcheg, Lana Pylaeva, Map of Peace, Mediazona, Moscow Times, PEACE, Russian, Russian AWOL, russian diaspora, Russian resistance, Russians in exile, Save Children from Putinism, UKRAINE, war in Ukraine
(IN BRIEF) Proxymity and Clearstream have partnered to launch a digital general meeting announcement service in Germany and Luxembourg. The collaboration aims to automate issuer-investor communication, improving proxy voting and corporate event communications. The central platform will enable issuers and … Read the full press release
Posted in Business, Financial, Germany, Investment, Luxembourg, Management
Tagged bonds, Clearstream, Dean Little, digital general meeting announcement, digital investor communication platform, domestic equities, ETFs, Eurobonds, investment funds, investor communications platform, Proxymity, Sam Riley
(IN BRIEF) Loughborough University and the University of Oxford have collaborated on a groundbreaking study that has resulted in the development of a small molecule probe. This probe specifically binds to inositol pyrophosphate (5-PP-InsP5), a crucial cellular messenger involved in … Read the full press release
Posted in Education, Healthcare, Pharma & Biotech, Science, Technology, United Kingdom
Tagged 5-PP-InsP5, biological processes, cell growth, cellular messenger, Dr Felix Plasser, Dr Stephen Butler, enzyme regulation, Fathima Jamion, inositol pyrophosphate, Loughborough University, Megan Shipton, Pick of the Week, Professor Barry Potter, programmed cell death, regulator of blood glucose levels, small molecule probe, therapeutic drugs, University of Oxford
(IN BRIEF) Glidewell, a global leader in custom dental solutions, has acquired ORB Innovations, a start-up founded by Loughborough University engineering alumni. ORB Innovations has developed a pioneering technology platform called ORB, which measures physiological parameters and biomechanics. Unique among … Read the full press release
Posted in Business, Healthcare, Small Business, Sports, Technology, United Kingdom
Tagged custom dental solutions, fitness tracker wearable in the mouth, Glidewell, Loughborough Enterprise Network, Loughborough University, LUinc., ORB Innovations, ORB technology platform, Rob Paterson, start-up, Tom Quinn
(IN BRIEF) ING announces progress in its share buyback program, repurchasing 1,687,860 shares at an average price of €12.04 during the week of May 22nd to May 26th, 2023. The total number of shares repurchased under the program is now … Read the full press release
Posted in Banks, Financial, Investment, Netherlands, News
Tagged ING, ING Bank, Share Buyback Program, shares
(IN BRIEF) Bosch has unveiled sustainable electric drives for yachts and recreational boats at the Salone Nautico Venezia (Venice boat show). The solutions aim to meet the increasing demand for eco-friendly and low-noise motorization in the maritime industry. Bosch’s electric … Read the full press release
(IN BRIEF) British Gas has announced the launch of its Hive EV charger, a compact and smart home charging solution for electric vehicle owners. Developed in partnership with EO Charging, the charger offers improved control and cost management for EV … Read the full press release
Posted in Automotive, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Technology, United Kingdom
Tagged British Ga, Electric car, electric vehicle charging, EO Charging, EV, EV charger manufacturers, Hive EV charger, home charger, home charging options, Kim Royds, smallest electric car chargers, smart home charging products, Tom Pollard
(IN BRIEF) Scania, the leading provider of sustainable mobility solutions, is reshaping its bus and coach business to adapt to a changing market environment. The company will focus on offering complete buses and coaches, leveraging its modular system, extensive service … Read the full press release
Posted in Business, Industrial, Management, Poland, Sweden, Transportation & Logistics
Tagged bus, coach, Poland, Scania, Stefano Fedel, sustainable mobility, Słupsk
(IN BRIEF) Crédit Agricole CIB has announced the appointment of Laurent Chenain as the new Head of Corporate & Leveraged Finance, effective from June 1, 2023. Laurent will be taking over from Jamie Mabilat, who has moved on to the … Read the full press release
Ad hoc announcement pursuant to Art. 53 LR (IN BRIEF) Nestlé has announced the departure of François-Xavier Roger, the Executive Vice President and Chief Financial Officer (CFO), after eight years with the company. Roger has made significant contributions to Nestlé’s … Read the full press release
Posted in Business, Financial, Food & Beverage, Management, Switzerland
Tagged Anna Manz, appointment, CFO, François-Xavier Roger, leadership, Mark Schneider, Nestlé
(IN BRIEF) Vodafone and Extreme E have partnered to protect Scotland’s Atlantic salmon from the impacts of climate change. Extreme E, an eco-conscious, all-electric motorsport series, aims to raise awareness about climate change while showcasing damaged environments. The racing series … Read the full press release
(IN BRIEF) Škoda Auto, the Czech carmaker, has actively participated in European Diversity Month, promoting acceptance, equal opportunities, diversity, and respectful collaboration. The company is committed to providing an open and safe working environment and has launched various activities to … Read the full press release
Posted in Automotive, Czech Republic, Industrial, Management, Society
Tagged Biphobia and Transphobia, diversity, Equal opportunities, European Diversity Month, gender balance, Inclusion, International Day Against Homophobia, Klaus Zellmer, KOVO trade union, Maren Gräf, Prague Fun & Run 2023, run against homophobia, ŠKODA AUTO
(IN BRIEF) Outokumpu, the only stainless steel producer, has been recognized as a leading climate leader in Europe by the Financial Times. The prestigious list, created in partnership with research company Statista, acknowledges companies that are making significant strides in … Read the full press release
Posted in Awards, Environment, Finland, Management, Metals and Minerals
Tagged 2022 Supplier Engagement Leaderboard, Carbon Disclosure Project, CDP, climate targets, Europe’s Climate Leaders in 2023, Financial Times, Juha Erkkilä, Outokumpu, SBTi, Science Based Targets initiative, stainless steel producer
(IN BRIEF) Garanti BBVA, Turkey’s second-largest private bank and a subsidiary of BBVA, proudly announces that its CEO, Recep Baştuğ, has been ranked fourth in Fast Company Turkey’s Top 50 Sustainability Leaders list. This recognition highlights Baştuğ’s exceptional commitment to … Read the full press release
(IN BRIEF) Deutsche Bank has announced a significant increase in capital allocation for its Ho Chi Minh City branch in Vietnam, raising it by USD 100 million to reach a total of over USD 200 million. The additional capital will … Read the full press release
(IN BRIEF) Metso, a leading provider of sustainable technologies for the mining industry, has begun construction on its first polymer filter plate factory in Irapuato, Mexico. The factory, representing an investment of approximately EUR 28 million, will enhance Metso’s production … Read the full press release
(IN BRIEF) RINA and Eni have signed an agreement to collaborate on initiatives aimed at the energy transition and decarbonization of their operations, with a focus on maritime transport. The partnership will explore the use of HVO biofuel produced by … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Italy, Management, Transportation & Logistics
Tagged ammonia, biofuel, biogenic, certification, decarbonisation, energy transition, engineering consultancy, Eni, HVO, hydrogen, hydrogenated vegetable oil, inspection, maritime, maritime transport, RINA
(IN BRIEF) TotalEnergies has successfully renewed the production license for OML130 block in Nigeria for an additional 20 years. The block, located off the Nigerian coast, is home to the productive Akpo and Egina fields. In 2022, the block produced … Read the full press release
(IN BRIEF) Francesco Starace, former CEO and General Manager of Enel, one of the world’s largest energy utility companies, has been appointed as a Partner within the EQT Infrastructure Advisory Team. EQT, a global investment organization, is excited to welcome … Read the full press release
(IN BRIEF) Neste and ITOCHU have expanded their collaboration through a licensing agreement, enabling ITOCHU to become an official distributor of Neste MY Renewable Diesel™ in Japan. This collaboration aims to increase the availability of renewable diesel in the country, … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Industrial
Tagged Itochu, Japan, Neste, Neste MY Renewable Diesel™, Osaka-Kansai Japan Expo, Peter Zonneveld, renewable diesel, SAF, Tatsuya Tanaka
(IN BRIEF) Ericsson and MediaTek have achieved a new 5G upload speed record of 440 Mbps using Uplink Carrier Aggregation in low-band and mid-band spectrum. The test, conducted in an Ericsson lab, utilized MediaTek’s Dimensity 9200 5G smartphone chipset. The … Read the full press release
(IN BRIEF) APM Terminals Bahrain, the operator of Khalifa Bin Salman Port, has announced the launch of a groundbreaking solar power project worth BHD3.8 million (USD 10 Million). The project aims to make the port energy self-sufficient by the end … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, Netherlands, Transportation & Logistics
Tagged APM Terminals Bahrain, Bahrain, clean energy, energy-sufficient seaport, Farooq Zuberi, His Majesty King Hamad bin Isa Al Khalifa, His Royal Highness Prince Salman bin Hamad Al Khalifa, Khalifa Bin Salman Port, renewable energy, solar photovoltaic panels, solar power project, sustainable energy
(IN BRIEF) Alma Media introduces an enhanced version of Nettimökki, its cottage rental platform, to meet the growing demand for domestic travel. The COVID-19 pandemic has led to a significant increase in Finnish cottage tourism, with many families opting for … Read the full press release
Posted in Business, Finland, Internet & Online, Marketing, Media, Technology, Travel
Tagged Alma Media Corporation, cottage rental, cottages, Domestic cottage tourism, domestic travel, Finland, Finnish rental cottage marketplaces, Gofinland, holiday homes, Linda Tverin, Nettimökki, Nettivuokraus, rental cottages, renting cottages
(IN BRIEF) Rheinmetall has secured a contract from the German Bundeswehr to supply 57 heavy tractor units, known as “SaZgM 70t mil,” for transporting armored vehicles. The order, worth over €50 million, marks the conclusion of a framework contract signed … Read the full press release
(IN BRIEF) Shandong Nanshan Aluminum Co., Ltd has chosen ANDRITZ to supply two continuous heat treatment lines and one continuous process treatment line for their aluminum production in Longkou, Shandong, China. These lines will be used to manufacture aluminum and … Read the full press release
(IN BRIEF) Triton, in partnership with the Triton Smaller Mid-Cap Fund I, has successfully sold Norres Baggerman Group, a leading manufacturer of industrial plastic hoses in Europe, to Nalka DACH Investments SA SICAF-RAIF. The terms of the transaction have not … Read the full press release
(IN BRIEF) KEAS, the largest wood panel producer in Türkiye, has successfully started operations of its new fiber preparation line for Medium Density Fiberboard (MDF) production at its Balikesir mill. Supplied by ANDRITZ, the line has a capacity of 60 … Read the full press release
(IN BRIEF) PGNiG Upstream Norway, a subsidiary of the ORLEN Group, has announced a significant increase in the estimated oil reserves of the Øst Frigg Beta/Epsilon discovery. The field may contain twice as much oil as previously assumed, with recoverable … Read the full press release
(IN BRIEF) Eni, a global energy company, has launched the HVOlution program to promote the use of HVOlution, their renewable diesel fuel, among their suppliers’ vehicles involved in fuel transportation to Eni Live Stations. This initiative aims to support the … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Italy, Transportation & Logistics
Tagged 100% renewable raw materials, biofuel, CO2 emission reduction, decarbonisation, energy transition, Eni, Eni Live Stations, fuel distribution chain, heavy transport, HVOlution, Italy, vegetable residue, waste raw materials
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