Monthly Archives: May 2023

InvestEU Program Facilitates Access to Finance for Portuguese SMEs through Caixa Geral de Depósitos and EIF Agreement

(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

EBRD Drives Sustainable Mining in Greece with €56 Million Investment in Eldorado Gold

(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

EIB and Multilateral Development Banks Unite to Accelerate Circular Economy Adoption

(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

Eni’s Versalis and Gruppo Boero Unveil Sustainable Breakthroughs for Yachting Sector

(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

Leading Insurer Aviva Welcomes James Hillman as Chief Risk Officer

(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

BASF Strengthens Commitment to Sustainability with Enhanced TripleS Evaluation

(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

Deutsche Telekom Expands Blockchain Footprint as Validator on Polygon Network

(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

E.ON and alpitronic Collaborate to Deploy 4,500 Fast-Charging Stations Across Europe

(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

TotalEnergies and Tree Energy Solutions Collaborate on Large-Scale e-NG Production Unit in the United States

(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

Consolidation and Focus: Anglo American Streamlines Production Businesses into Two Regions

(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

DNV and Emirates Steel Arkan Unite to Lead Transformation towards a Sustainable Future

(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

Online Organizing Platform “Map of Peace” Emerges as Key Tool for Diaspora Activists

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

Streamlining Corporate Event Communications: Proxymity and Clearstream Launch Innovative Digital Solution

(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

Novel Small Molecule Probe Developed by Loughborough University and Oxford Opens New Avenues in Cellular Biology

(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

Loughborough University Start-Up ORB Innovations Acquired by Glidewell for Dental Wearable Technology

(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

ING’s Share Buyback Program Reaches 3.7 Million Shares, Signaling Strong Progress

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(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

Bosch Pioneers Sustainable Solutions with Electric Drives for Recreational Boats and Yachts at Salone Nautico Venezia

Bosch Showcases Cutting-Edge Electric Drive Solutions for Maritime Industry at Venice Boat Show

(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

British Gas Expands Smart Home Charging Solutions with Hive EV Charger for Electric Cars

(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

Scania Shifts Focus to Complete Buses and Coaches, Ceases Body Production in Poland

(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

Laurent Chenain Takes the Helm of Corporate & Leveraged Finance at Crédit Agricole CIB

(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

Nestlé CFO Transition: François-Xavier Roger Steps Down, Anna Manz Appointed as Successor

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

Vodafone’s Partnership with Extreme E Supports Climate Change Awareness and Salmon Conservation in Scotland

IoT Technology to Aid Conservation Efforts for Scottish Atlantic Salmon

(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

Driving Change: Škoda Auto Celebrates European Diversity Month with Focus on Inclusive Work Environment

(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

Outokumpu’s Ambitious Climate Targets Earn Recognition on Financial Times’ Prestigious List

(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

Fast Company Turkey Names Garanti BBVA CEO Recep Baştuğ Among Top 50 Sustainability Leaders

Fast Company Turkey Names Garanti BBVA CEO Recep Baştuğ Among Top 50 Sustainability Leaders

(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

Deutsche Bank Boosts Capital Allocation for Ho Chi Minh City Branch to Support Growth in Vietnam

(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

Metso Invests EUR 37 Million in Mexico for Enhanced Polymer Filter Plate Manufacturing

Metso Invests EUR 37 Million in Mexico for Enhanced Polymer Filter Plate Manufacturing

(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

RINA and Eni Collaborate on Green Maritime Initiatives for Energy Transition

(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

TotalEnergies Secures 20-Year Renewal for OML130 Production License in Nigeria

(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

Former Enel CEO Francesco Starace Appointed Partner at EQT Infrastructure

Former Enel CEO Francesco Starace Appointed Partner at EQT Infrastructure

(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

Neste and ITOCHU Forge Licensing Agreement to Boost Renewable Diesel Distribution in Japan

(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

Record-Breaking 5G Upload Speeds Achieved by Ericsson and MediaTek in Joint Collaboration

(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

APM Terminals Bahrain Unveils USD 10 Million Solar Project, Paving the Way for Renewable Energy in Maritime Operations

(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

Nettimökki by Alma Media Becomes Finland’s Most Comprehensive Cottage Rental Service

(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

Rheinmetall to Provide 57 Heavy Tractor Units for Bundeswehr’s Armored Vehicle Transport

(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

ANDRITZ to Deliver State-of-the-Art Treatment Lines to Shandong Nanshan Aluminum

(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

Norres Baggerman Group Achieves Market Leader Status Under Triton Ownership, Sold to Nalka, an investment firm

Norres Baggerman Group Achieves Market Leader Status Under Triton Ownership, Sold to Nalka, an investment firm

(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

ANDRITZ Supplies Fiber Preparation Line for KEAS’ MDF Production at Balikesir Mill

(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

ORLEN Group’s PGNiG Upstream Norway Discovers Significant Increase in Øst Frigg Field Reserves

(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

Eni Introduces HVOlution Initiative to Accelerate Sustainable Fuel Adoption in Heavy Transport

(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