Monthly Archives: May 2023

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