Daily Archives: 17, May 2023

EIB Group Celebrates International Day Against Homophobia with Commitment to LGBTIQ Rights

(IN BRIEF) The European Investment Bank (EIB) Group is recognizing the International Day Against Homophobia, Transphobia, and Biphobia (IDAHOT) on May 17 during European Diversity Month. The EIB Group reaffirms its commitment to upholding the rights of lesbian, gay, bisexual, … Read the full press release

European Institutions and ILX Management Collaborate to Support Sustainable Development in Emerging Markets

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in collaboration with the European Union (EU) and ILX Management, has formed a partnership to enhance private-sector finance in emerging markets. The initiative aims to attract investments of up to … Read the full press release

Siemens Mobility Secures €600 Million Contract for Additional ICE 3neo Trains for Deutsche Bahn

(IN BRIEF) Siemens Mobility has secured a €600 million contract to deliver 17 additional ICE 3neo trains to Deutsche Bahn. This brings the total ICE 3neo fleet to 90 trains. The trains, known for their high speed and innovative features, … Read the full press release

Samarkand Joins EBRD’s Green Cities Program with Electric Bus and Depot Project

(IN BRIEF) EBRD finances the acquisition of electric buses and the establishment of an e-bus depot in Samarkand, Uzbekistan. The initiative will provide eco-friendly public transport for approximately 560,000 residents and supports Samarkand’s sustainable development goals. The project is the … Read the full press release

EBRD and European Commission Join Forces to Enhance Moldova’s Rail Infrastructure

(IN BRIEF) EBRD and the European Commission have approved a financial package to rehabilitate railway lines in Moldova. The €71 million project will receive a €20 million investment grant from the EU, a €23 million loan from EBRD, and €28 … Read the full press release

Telekom’s MagentaZuhause App Awarded ‘Approved Smart Home Product’ for 2023, Demonstrating Enhanced Security

(IN BRIEF) Telekom’s MagentaZuhause app has received high security certification from AV-TEST, an esteemed IT security institute. The certification confirms that the app effectively safeguards communication with connected devices, protecting against potential hacker attacks and ensuring data privacy. The app’s … Read the full press release

Arkema Expands Presence in Thermal Interface Materials with Polytec PT Acquisition

(IN BRIEF) Arkema has announced its acquisition of Polytec PT, a German company specializing in thermal interface materials for batteries and engineering adhesives for the electronics market. The acquisition will strengthen Bostik’s product offerings in the growing batteries and electronics … Read the full press release

Intesa Sanpaolo’s ESG Commitments Earn Acclaim as Europe’s Most Innovative Bank

(IN BRIEF) Intesa Sanpaolo has been named the top innovative bank in Europe for ESG securitisation by Structured Credit Investor. The award recognizes Intesa Sanpaolo’s development of new ESG asset classes, innovative structuring, volume of transactions, and active credit risk … Read the full press release

Volvo Group Drives Dialogue between Policymakers and Industry at Mobility Transformation Forum in Brussels

(IN BRIEF) Volvo Group is hosting its annual Mobility Transformation Forum in Brussels, emphasizing the need for dialogue between policymakers and the industry on the future of mobility. The event will showcase Volvo Group’s investments in fossil-free propulsion technologies and … Read the full press release

Melbourne Workshop Focuses on Decarbonization and Operational Improvements in Paper Industry

(IN BRIEF) Voith and Visy recently organized a two-day workshop in Melbourne focused on decarbonization in papermaking. The event brought together industry leaders and experts to discuss energy efficiency, cost savings, and operational improvements. Voith showcased its technologies and international … Read the full press release

Holcim and Norman Foster Foundation Demonstrate Sustainable Living Solutions for Displaced Populations

(IN BRIEF) Holcim and the Norman Foster Foundation have unveiled the Essential Homes Research Project at the 2023 Biennale of Architecture in Venice. The project aims to address the essential needs of displaced individuals by providing safe, comfortable, and sustainable … Read the full press release

Neste Acquires Stake in Changi Airport Joint Venture to Supply Sustainable Aviation Fuel

(IN BRIEF) Neste, a leading producer of sustainable aviation fuel (SAF), has completed its EUR 1.6 billion Singapore Expansion project. The expansion has doubled Neste’s production capacity in Singapore, making it the world’s leading SAF producer. The refinery’s total capacity … Read the full press release