Daily Archives: 3, May 2023

Nestle establishes Institute of Agricultural Sciences to promote sustainable food systems

(IN BRIEF) Nestlé has opened an Institute of Agricultural Sciences to advance sustainable food systems and develop science-based solutions in agriculture. The institute is dedicated to screening and developing solutions in key focus areas, such as plant science, agricultural systems, … Read the full press release

European Investment Bank approves €6.6bn for sustainable transport, clean energy, corporate innovation and education

(IN BRIEF) The European Investment Bank (EIB) has approved €6.6 billion of new financing to support sustainable transport, clean energy, corporate innovation, and education investment worldwide. The EIB Board of Directors also adopted a mid-term review of the EIB’s Energy … Read the full press release

Civil society groups and EIB leadership discuss high-impact investments for sustainable development goals

(IN BRIEF) The European Investment Bank held a meeting at its headquarters in Luxembourg with representatives of civil society groups to discuss how the bank can respond better to global challenges including climate change, environmental degradation, poverty, and conflicts. The … Read the full press release

European Investment Fund supports Romanian micro farmers with €9.1m loan

(IN BRIEF) The European Investment Fund (EIF) has signed a loan agreement worth €9.1 million with Agricover Credit, a specialised financial services provider for farmers in Romania. The loan, backed by the EU Programme for Employment and Social Innovation (EaSI), … Read the full press release

ArcelorMittal shareholders approve dividend and board member re-elections

(IN BRIEF) ArcelorMittal’s Annual General Meeting and Extraordinary General Meeting have been held, with over 75% of voting rights represented. The meetings approved the distribution of a dividend of US$0.44 per share and re-elected Lakshmi N. Mittal, Aditya Mittal, and … Read the full press release

BMW and E.ON partner to create ‘Connected Home Charging’

(IN BRIEF) BMW and E.ON have partnered on a pan-European scheme for intelligent charging at home. The strategic collaboration aims to create “Connected Home Charging,” a charging ecosystem to connect customers’ electric BMW or Mini vehicles to the energy system … Read the full press release

TotalEnergies, Sonangol Sign Angola Field Development Agreement With ANPG

(IN BRIEF) ANPG, TotalEnergies, and Sonangol Pesquisa e Produção signed a heads of agreement related to the development of the Cameia and Golfinho fields in the Kwanza basin. The project, located around 150 km southwest of Luanda, will comprise an … Read the full press release

Syngenta Crop Protection acquires Macspred Australia to strengthen weed management capabilities in forestry and industrial sectors

(IN BRIEF) Syngenta Crop Protection has acquired Macspred Australia, a company specializing in weed management for the forestry, roads, rail, utilities, and infrastructure sectors. The acquisition marks Syngenta’s entry into the forestry products and vegetation markets through its Professional Solutions … Read the full press release

University of Liverpool joins Innovate UK Microbials Accelerator to help SMEs commercialise microbial technologies

(IN BRIEF) The University of Liverpool is part of a consortium that has launched the Microbials Accelerator, a programme aimed at supporting SMEs in scaling their businesses and securing funding for the commercialisation of innovative microbial technologies. The programme is … Read the full press release

Vodafone brings 5G to University of Palermo, creating Italy’s first smart campus

(IN BRIEF) Vodafone has launched a dedicated 5G network at the University of Palermo, Sicily, as part of the “5G 4 A Smart Sicilian Academic Campus” project. The network, funded by the European Union and supported by the Ministry of … Read the full press release

BASF expands ecovio® portfolio for sustainable food packaging with home and industrial compostable grade

(IN BRIEF) BASF, a leading chemical company, has added a certified home and industrial compostable grade for cold and hot food packaging to its ecovio® portfolio for extrusion coating on paper and board. The new extrusion coating grade, ecovio® 70 … Read the full press release

Deutsche Telekom partners with Riot Games, SK Gaming and epf for first-ever League of Legends tournament for women and non-binary players

(IN BRIEF) Deutsche Telekom, Riot Games, SK Gaming, and the esports player foundation (epf) have partnered to launch the Equal eSports Cup, a League of Legends tournament for female and non-binary players in the DACH region. More than 10 teams … Read the full press release

BAE Systems and KOVAL SYSTEMS team up for Slovak Armed Forces infantry fighting vehicles

(IN BRIEF) BAE Systems and KOVAL SYSTEMS have signed a contract for the production of new infantry fighting vehicles, the CV90MkIV, for the Slovak Armed Forces. The contract involves KOVAL SYSTEMS producing the complete turret assembly of the vehicles as … Read the full press release

Siemens provides technology for world’s largest vertical farm in Dubai

(IN BRIEF) Siemens has provided automation and building technology for Bustanica, the world’s largest vertical farm in Dubai. The $40m facility is owned by Emirates Crop One and Crop One Holdings, and provides an output of 1 million kg of … Read the full press release

RWE’s Limondale battery energy storage system secures Long-Term Energy Service Agreement in New South Wales

(IN BRIEF) RWE Renewables Europe & Australia has won a bid for a Long-Term Energy Service Agreement to develop a long-duration storage project in New South Wales. RWE’s Limondale battery energy storage system, which will have a planned installed capacity … Read the full press release

BBVA and EIF Commit €200 Million to Help Spanish Startups Embrace Sustainability and Digitalisation

(IN BRIEF) The European Investment Fund (EIF) and BBVA have signed an agreement under the InvestEU guarantee program to provide a €200 million guarantee to help BBVA’s specialised startup initiative, BBVA Spark, support startups with innovative and sustainable value propositions. … Read the full press release

Credit Agricole’s CA-GIP appoints Olivier Biton as CEO

(IN BRIEF) Crédit Agricole Group Infrastructure Platform (CA-GIP) has named Olivier Biton as its new CEO, effective from May 1, 2023. Biton, a member of the Management Committee of Crédit Agricole S.A., will replace Emmanuel Sardet who is appointed Deputy … Read the full press release

European Parliament Launches Daphne Caruana Galizia Prize for Journalism on World Press Freedom Day

(IN BRIEF) The European Parliament has launched the Daphne Caruana Galizia Prize for Journalism on World Press Freedom Day. The prize is awarded annually to professional journalists or teams whose work promotes or defends EU principles such as human rights, … Read the full press release

EU to Protect Traditional Crafts with New Geographical Indication Legislation

(IN BRIEF) The European Parliament and Council have agreed on a new scheme to protect the “geographical indication” of traditional crafts both in the EU and internationally. The legislation will protect the original quality and tradition of locally renowned goods … Read the full press release

STMicroelectronics Repurchases Shares Worth €11.4 Million

(IN BRIEF) STMicroelectronics has announced that it has repurchased 280,175 of its ordinary shares in the period from April 24, 2023 to April 28, 2023, equivalent to 0.03% of its issued share capital, for a total price of €11,415,416.72. The … Read the full press release

Axel Springer Freedom Foundation Brings Replica of Pillar of Shame to Berlin for Public Art Installation

(IN BRIEF) The Axel Springer Freedom Foundation and Danish artist Jens Galschiøt have installed a replica of the Pillar of Shame in Berlin to commemorate the victims of the 1989 Tiananmen Massacre in China. The monument, which originally stood outside … Read the full press release

Illustrators Compete to Design Cover of CASA SEAT 2024 Book

(IN BRIEF) CASA SEAT has announced the opening of a new art exhibition featuring 30 illustrations created by emerging artists from Barcelona. The exhibit is a collaboration with The Barcelonian, a collective illustration project paying tribute to The New Yorker … Read the full press release

Grand Paris Express: Webuild completes 83% of tunnel work for Line 16

(IN BRIEF) Italian construction company Webuild and local partner NGE have completed the excavation of the first 5.3 km of a metro tunnel for the Grand Paris Express, a major mobility project in Europe that aims to improve public transport … Read the full press release

LEGO Group Tackles Children’s Stress and Loneliness with New ‘DREAMZzz’ Series and Toys

(IN BRIEF) The LEGO Group has announced the launch of LEGO DREAMZzz, a new product range and content series that brings to life the creativity of children’s dreams. The series follows the adventures of school friends who journey into the … Read the full press release

SAS and ECXO team up to promote human-centered approach to customer experience

(IN BRIEF) SAS has partnered with the European Customer Experience Organisation (ECXO) to share knowledge and best practices in customer experience (CX) in the EMEA region. ECXO aims to elevate the collective experience of customers and employees in Europe by … Read the full press release

T-Systems International Acquires GeoMobile to Expand Transport and Logistics Portfolio

(IN BRIEF) T-Systems International has acquired GeoMobile, a Dortmund-based software company, to bolster its Transport and Logistics portfolio with an IT platform that supports barrier-free urban mobility. GeoMobile’s Mobility-as-a-Service (MaaS) platform enables passengers to plan, book, and pay for their … Read the full press release

Lloyds Banking Group and Crisis Launch New Lettings Agency to Tackle Homelessness

(IN BRIEF) Lloyds Banking Group has teamed up with homelessness charity Crisis in a two-year partnership to tackle the shortage of affordable homes in Great Britain. The partnership aims to build one million new affordable homes for people on low … Read the full press release

Henkel Showcases Sustainable Innovations and Fire-Safe Adhesives for Timber Construction at LIGNA 2023

(IN BRIEF) Henkel’s Engineered Wood division will showcase its advanced portfolio of solutions for the mass timber industry at LIGNA 2023. The trade fair, which will be held in Hanover, Germany from May 15 to 19, will highlight Henkel’s sustainable … Read the full press release

Henkel to showcase innovative and sustainable adhesives for furniture industry at LIGNA 2023

(IN BRIEF) Henkel, an adhesive manufacturer and innovation driver, is set to present its latest products for the furniture industry at LIGNA 2023 in Hanover, Germany, from May 15 to 19. With the theme “Get Inspired,” Henkel aims to showcase … Read the full press release