Monthly Archives: May 2023

Global Design Competition by Bentley Motors and Dezeen Sets Stage for Sustainable Luxury Retail

(IN BRIEF) Bentley Motors and Dezeen have teamed up to launch a global design competition called ‘The Future of Luxury Retail’. The competition invites architects and designers to explore innovative ideas and experiences that will shape the luxury retail industry … Read the full press release

Precision Spraying Revolution: CNH Industrial to Introduce ONE SMART SPRAY Solution in Collaboration with Bosch and BASF

(IN BRIEF) CNH Industrial announces its collaboration with Bosch and BASF’s joint venture, introducing the ONE SMART SPRAY solution into its agricultural product portfolios. Led by CNH Industrial’s Raven team, the technology will be available in sprayers from the Case … Read the full press release

Amundi and CACEIS Collaborate to Strengthen Fund Channel’s Position in B-2-B Fund Distribution

(IN BRIEF) Amundi and CACEIS have successfully completed their strategic agreement to accelerate the growth of Fund Channel, a prominent B-2-B fund distribution platform. With CACEIS now holding a 33.33% stake and Amundi remaining the majority shareholder, Fund Channel aims … Read the full press release

Škoda Auto Demonstrates Dedication to Biodiversity Conservation with Global Sustainability Projects

(IN BRIEF) Škoda Auto demonstrates its commitment to biodiversity on the International Day for Biological Diversity by highlighting various initiatives and projects at its global production sites. These efforts include planting over 70,000 trees in 2023, conducting dendrological research and … Read the full press release

BNP Paribas Collaborates with EIB Group for the Third Synthetic Securitisation, Boosting Support for French Companies

(IN BRIEF) The European Investment Bank (EIB) Group, in collaboration with BNP Paribas, has launched a synthetic securitisation initiative to support French companies for the third time since 2017. The transaction involves an EIB Group guarantee on an existing loan … Read the full press release

Glencore plc Releases 2022 Sustainability Report, Demonstrating Commitment to ESG Initiatives

(IN BRIEF) Glencore plc has released its 2022 Sustainability Report, which is now available on its website. The report encompasses the company’s environmental, social, and governance (ESG) initiatives and aligns with global reporting standards and principles. It focuses on material … Read the full press release

BMT and QECC Drive Innovation in Navigation Training with Advanced Simulators

(IN BRIEF) BMT has partnered with QECC (Queen Elizabeth Class Carriers) to revolutionize navigation training through a multi-year pilot training program. The collaboration involves the optimization of BMT’s ship and tug bridge simulator suite to enhance the practice of challenging … Read the full press release

Iceland’s Keflavík Airport to Expand with EUR 50 Million Loan from NIB

(IN BRIEF) Nordic Investment Bank (NIB) and Isavia ohf. have signed a 10-year loan agreement worth EUR 50 million to finance the expansion of Keflavík International Airport in Iceland. The project includes the construction of a new East Wing Terminal, … Read the full press release

Cutting-Edge Gas-Fired Power Plant by ORLEN Group to Bolster Energy Security in Poland

(IN BRIEF) ORLEN Group is constructing a cutting-edge 560 MW gas-fired power plant in Grudziądz, Poland. This advanced facility aims to provide electricity to around one million households while effectively integrating renewable energy sources. With a highly flexible Combined Cycle … Read the full press release

KfW Development Bank’s Biodiversity Initiative, Legacy Landscapes Fund, Achieves Promising Results after Two Years

(IN BRIEF) KfW Development Bank celebrates the two-year anniversary of the Legacy Landscapes Fund (LLF), an initiative for biodiversity conservation. The LLF provides long-term financing for protected areas in developing countries, ensuring effective conservation efforts. It has achieved significant progress, … Read the full press release

TEGO® Cycle: Evonik’s Breakthrough Additives for Energy-Efficient Plastic Recycling

(IN BRIEF) Evonik, a specialty chemicals company, has launched TEGO® Cycle, a range of additives aimed at improving the process and quality of recycled plastics. The additives save energy during mechanical recycling and enhance polymer properties, facilitating the transition to … Read the full press release

Europe’s Digital Targets at Risk Without Regulatory Action, Warns Vodafone

Vodafone Urges Regulatory Reboot to Safeguard Europe's Digital Future

(IN BRIEF) Vodafone has warned that Europe’s digital future is at risk without a reboot of regulations. The company is calling for decisive action from the European Commission to address challenges in the telecommunications sector and ensure that Europe’s digital … Read the full press release

QSA Partners and University of Exeter Drive Circular Economy Transformation in UK Fashion Sector

(IN BRIEF) UK fashion and textiles industry is launching a pioneering project called the “data sandbox” to promote circular economy principles. Led by QSA Partners and in collaboration with the University of Exeter, the initiative aims to establish an extended … Read the full press release

EBRD’s Funding Package Bolsters DenizBank’s Commitment to Green Finance and Women-Led Enterprises in Türkiye

(IN BRIEF) EBRD provides $143.25 million to DenizBank for green investments, women-led businesses, and earthquake response. The financing package supports DenizBank’s Diversified Payment Rights program and includes funds for on-lending to green economy projects, women-led SMEs, and companies involved in … Read the full press release

EBRD Extends $23 Million Loan to Meros Pharm to Drive Expansion in Uzbekistan’s Pharmaceutical Industry

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a loan of $23 million to Meros Pharm, a leading pharmaceutical distributor in Uzbekistan. The loan will support Meros Pharm’s expansion plans by providing the necessary working capital … Read the full press release

Rolls-Royce Makes Aviation History with Successful UltraFan Technology Tests on Sustainable Fuel

(IN BRIEF) Rolls-Royce has successfully completed the first tests of its UltraFan technology demonstrator in Derby, UK. The tests were conducted using 100% Sustainable Aviation Fuel (SAF), marking a significant milestone for the company. The UltraFan technology offers a 10% … Read the full press release

SEAT Makes History as First Car Manufacturer to Utilize Recycled Materials from the Ocean

(IN BRIEF) SEAT is partnering with SEAQUAL INITIATIVE and Autoneum to enhance sustainability and circular economy efforts. SEAT becomes the first car manufacturer to utilize LABEL blue by BORGERS® recycled materials, which will help remove over 2 million plastic bottles … Read the full press release

Rice Production in Japan Set for Advancement as BASF, Kubota, and ZEN-NOH Launch Collaborative Project

(IN BRIEF) BASF, Kubota, and ZEN-NOH are collaborating to enhance rice production in Japan. The collaboration involves integrating BASF’s xarvio® FIELD MANAGER platform with Kubota’s KSAS operating platform to assess operability. The goal is to deliver greater convenience, increased yield, … Read the full press release

Major Renewable Energy Push: Repsol Unveils 1,768 MW Wind and Solar Projects in Italy

(IN BRIEF) Repsol is set to develop renewable energy projects in Italy, totaling 1,768 MW. The portfolio will consist of 943 MW of wind projects and 825 MW of photovoltaic solar projects. Over 60% of the projects are in advanced … Read the full press release

Partnership Between Guiné Bissau and Eni to Drive Environmental and Health Initiatives

(IN BRIEF) The Government of Guiné Bissau and Eni have signed a Memorandum of Intent (MoI) to explore collaboration opportunities in various areas, including exploration, climate solutions, agriculture, sustainability, and health. The MoI aims to promote sustainable growth, protect forests, … Read the full press release

Rome’s Ostiense District Becomes Home to “ROAD – Rome Advanced District” for Cutting-Edge Energy Solutions

(IN BRIEF) “ROAD – Rome Advanced District” has been launched, forming a network of companies including Eni, Acea, Autostrade per l’Italia, Bridgestone, Cisco, Gruppo FS, and NextChem (MAIRE). The project aims to create a technological innovation district in Rome’s Ostiense … Read the full press release

Exeter Gears Up for Soapbox Science, Bringing Science to the Public and Promoting Gender Equality in STEM

(IN BRIEF) Soapbox Science is returning to Exeter for its 7th event, featuring 12 female scientists sharing their research with the public on June 10th. The initiative aims to bring science to the general public and challenge gender stereotypes in … Read the full press release

MAN Truck & Bus Introduces HENDRICKSON ULTIMAAX Suspension for Heavy-Duty Applications

MAN Truck & Bus Introduces HENDRICKSON ULTIMAAX Suspension for Heavy-Duty Applications

(IN BRIEF) MAN Truck & Bus has expanded its product range by incorporating the HENDRICKSON ULTIMAAX elastomer suspension. The addition of this suspension system, known for its comfort and durability, offers an alternative to traditional leaf spring suspension. It provides … Read the full press release

Groundbreaking Whole-Body Scanning Study by UK Biobank Enters Second Phase

(IN BRIEF) UK Biobank has entered the second stage of its whole-body scanning study, where 60,000 volunteers will be re-scanned to analyze changes that have occurred since their initial scans. The study, conducted in collaboration with organizations such as the … Read the full press release

Revolutionizing Urban Mobility: MAN Truck & Bus and Mobileye Team Up for Automated City Buses

Revolutionizing Urban Mobility: MAN Truck & Bus and Mobileye Team Up for Automated City Buses

(IN BRIEF) MAN Truck & Bus is partnering with autonomous driving technology specialist Mobileye to develop autonomous city buses. The collaboration aims to achieve highly automated driving in city buses that are ready for series production. The first milestone is … Read the full press release

Hapag-Lloyd Announces Leadership Transition: Joerg Sonne Assumes Role as Senior Managing Director for Region North Europe

(IN BRIEF) Hapag-Lloyd, a global container shipping company, has announced executive changes with Joerg Sonne appointed as the Senior Managing Director for Region North Europe, replacing Martin Rolf, who will transition to the role of Managing Director Human Resources. Sonne … Read the full press release

Alfa Laval Announces Major Expansion to Meet Increasing Demand for Brazed Plate Heat Exchangers in Energy Transition

(IN BRIEF) Alfa Laval Business Unit Brazed & Fusion Bonded Heat Exchangers has announced an expansion of its production of brazed plate heat exchangers to meet the increasing demand driven by the global energy transition. The capacity expansion includes investments … Read the full press release

New Study by Lincoln and Bristol Universities Sheds Light on Forced Marriages in England and Wales, Advocates for Enhanced Protection

New Study by Lincoln and Bristol Universities Sheds Light on Forced Marriages in England and Wales, Advocates for Enhanced Protection

(IN BRIEF) A study conducted by the University of Lincoln and University of Bristol has revealed that forced marriages continue to be a widespread issue in England and Wales. The research focused on Forced Marriage Protection Orders (FMPOs), which aim … Read the full press release

Terna Invests €12 Million in Syracuse Power Line for Enhanced Reliability and Environmental Benefits

(IN BRIEF) Terna, the national transmission grid operator in Italy, has launched the authorization process for a new power line in the province of Syracuse. This initiative aims to improve the reliability and security of the electricity transmission service. The … Read the full press release

Triton Expands Group with Launch of Ramudden Global, a Network of Tech-Enabled Safety Companies

(IN BRIEF) Triton, an investment firm, has announced the launch of Ramudden Global as the new brand name and identity for its group of tech-enabled infrastructure safety companies. This development follows the merger of portfolio companies Ramudden and AVS in … Read the full press release

Atos Enhances Board Diversity and Expertise to Support Strategic Plan and Separation Project

(IN BRIEF) Atos, a leading global technology company, has announced changes to its Board of Directors and the convening of its 2023 Annual General Meeting. The Board approved the renewal of Caroline Ruellan’s mandate as a director and the appointment … Read the full press release

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