(IN BRIEF) Vattenfall and Coca-Cola in Sweden have announced a collaboration to invest in electric heavy goods vehicles (HGVs). The initial phase of the project will involve installing three charging stations at Coca-Cola Europacific Partners’ plant in Jordbro, near Stockholm. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Sweden, Technology, Transportation & Logistics
Tagged charging stations, charging stations for trucks, climate targets, Coca-Cola, Coca-Cola Europacific Partners, Environmental Product Declaration, EPD, Good Environmental Choice, Ingela Hålling, Jordbro, Lillgrund wind farm, Lisa Wahlström, powering electric transport, Stockholm, Vattenfall
(IN BRIEF) Germany’s Federal Office for Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) has selected Rheinmetall to remodel modular medical facilities. The project involves creating specialized modular medical facility containers, including food safety laboratories, for the Bundeswehr. The contract … Read the full press release
(IN BRIEF) Liansheng Pulp & Paper (Zhangzhou) Co., Ltd. has successfully launched two ANDRITZ tissue machines at its mill in Zhangzhou, China. The machines, known as PrimeLineTM W 2000, have a design speed of 2,000 m/min and a working width … Read the full press release
Posted in Austria, Business, Industrial, Technology
Tagged Andritz, CHINA, Fan Lele, FibreSolve FSV pulpers, Fujian Province, HC refiners, household paper production, LBKP, Liansheng Paper Group, Liansheng Pulp & Paper, NBKP, packaging paper, PrimeDry Steel Yankees, PrimeLineTM W 2000, pulp screw press, tissue machines, Zhangzhou
(IN BRIEF) Canada has joined the European Bank for Reconstruction and Development (EBRD)’s High-Impact Partnership for Climate Action (HIPCA), strengthening its support for climate action. HIPCA, launched at COP26 in 2021, focuses on combating climate change and environmental degradation through … Read the full press release
(IN BRIEF) Estonia, Latvia, and Lithuania, in collaboration with the EBRD, EC, and Nasdaq Baltic, are welcoming the MSCI initiative to consolidate their markets into a single index. This integration will raise the region’s profile among international investors who track … Read the full press release
Posted in Banks, Estonia, European Union, Financial, Investment, Latvia, Lithuania
Tagged Arvils Aseradens, Capital Markets Union initiative, EBRD, EC, Estonia, European Union, Gintarė Skaistė, index construction, index maintenance, Jim Turnbull, Kaarel Ots, Latvia, Lithuania, Mart Võrklaev, MSCI initiative, Nasdaq Baltic, Securities, The European Commission, The MSCI Baltic Index, Valdis Dombrovskis
(IN BRIEF) The EIB Institute’s Social Innovation Tournament has announced the 15 finalists for its 2023 edition. These social entrepreneurs, hailing from 10 European countries, were selected from a pool of 284 candidates. Their innovative solutions aim to generate social, … Read the full press release
Posted in Banks, European Union, Financial, Government, Investment, Luxembourg, Small Business
Tagged 2023 Social Innovation Tournament, detecting early dementia, EIB Institute Social Innovation Tournamen, Europe’s best impact entrepreneurs, GREEN HYDROGEN, inclusion in housing, protecting cultural heritage, SIT Alumni Network, Social Entrepreneurs, venture philanthropists
(IN BRIEF) 2X Global, an initiative launched by Development Finance Institutions (DFIs), has exceeded its target of raising $15 billion in gender lens investments. From 2021 to 2022, the initiative raised a total of $16.3 billion, benefiting 473 businesses across … Read the full press release
Posted in Banks, Business, Financial, Investment, Luxembourg, Management, Small Business, Society
Tagged 2X Global, ADP III, African Development Partners III Fund, development finance institutions, DFIs, DPI, female-led MSMEs, G7 Summit, gender equality, gender finance, gender lens investments, gender-smart businesses, HCGF IV, Horizon Capital, Jessica Espinoza, Kashf Foundation, Lori Kerr, SDGs 5, The 2X Challenge, Thomas Östros, UKRAINE
(IN BRIEF) Luxury automotive brand Bentley has launched its Bentley Sustainability Council, consisting of three experts, as part of its commitment to sustainability. The council will advise the company on its Beyond100 strategy and help achieve carbon neutrality by 2030. … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Industrial, Management, United Kingdom
Tagged Adrian Hallmark, Bentley, Beyond100 strategy, Dr Andrew Dent, Dr Nicholas Garrett, Dr Sally Uren, sustainability, Sustainability Report, sustainable luxury mobility, The Bentley Sustainability Council, value chain
(IN BRIEF) Rolls-Royce has made significant progress in the development of its Pearl 10X engine, designed to power Dassault’s Falcon 10X business jet. With over 1,500 testing hours completed, the engine has demonstrated its reliability and ability to meet performance … Read the full press release
(IN BRIEF) Barclays has announced the appointment of Scott McDavid as Global Head of Equities and Ronnie Wexler as Global Head of Equities Distribution. Scott, formerly from Morgan Stanley, will lead the Barclays Global Equities team, while Ronnie, previously at … Read the full press release
Posted in Banks, Financial, Management, United Kingdom
Tagged Adeel Khan, appointment, Barclays, equities, equities trading, leadership, NYDIG, Ronnie Wexler, Scott McDavid, Stephen Dainton
(IN BRIEF) The European Investment Bank (EIB) celebrated Diversity Day Lëtzebuerg, Luxembourg’s national day of diversity, as part of European Diversity Month. The event, organized by the Diversity Charter Lëtzebuerg, aimed to promote diversity and inclusion in the workplace. The … Read the full press release
(IN BRIEF) Covestro has developed Decovery® CQ 6010, a partially bio-based barrier coating resin that enables recyclable paper packaging. By replacing polyethylene (PE) and aluminum layers in food packaging, Decovery® CQ 6010 reduces waste and improves recyclability. The resin provides … Read the full press release
Posted in Chemicals, Environment, Food & Beverage, Germany, Technology
Tagged aluminum, Covestro, Davide Reverdito Bove, Decovery® CQ 6010, Food Packaging, moisture vapor transmission rate, MVTR, packaging, paper food packaging, partially bio-based barrier coating resin, PE, polyethylene, recyclability, recyclable paper packaging, reducing waste
(IN BRIEF) Rheinmetall Hungary Zrt., a joint venture between Rheinmetall and the Hungarian state, has renamed a street at its Zalaegerszeg plant to “Rheinmetall Út.” The plant is undergoing expansion to become a modern development, production, and testing center for … Read the full press release
(IN BRIEF) Iberdrola and the International Finance Corporation (IFC) have formed a partnership to promote clean energy and decarbonization in emerging countries. The collaboration includes a green and sustainability-linked loan from IFC to Iberdrola for energy efficiency improvements in Brazil’s … Read the full press release
Posted in Banks, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment
Tagged Alfonso García Mora, APLMA, clean energy, decarbonization, Electropaz, energy transition, Iberdrola, IFC, International Finance Corporation, José Sainz Armada, NEOENERGIA, Sowitec Vietnam, Termopernambuco, World Bank Group
(IN BRIEF) Volvo Group has entered a long-term agreement with Vattenfall, Sweden’s largest renewable electricity producer, to purchase 50% of the renewable electricity generated at the Bruzaholm wind park over a 10-year period. The partnership is part of Volvo Group’s … Read the full press release
(IN BRIEF) Yara International, a leading crop nutrition company, has announced plans to construct a state-of-the-art production plant for specialty crop nutrition products and biostimulants. The plant, set to be one of the largest globally, aims to meet the growing … Read the full press release
(IN BRIEF) Researchers at ESET have discovered a malicious Android app called iRecorder – Screen Recorder that was initially available on Google Play as a legitimate app. The app, which had over 50,000 installations, had malicious functionality added in August … Read the full press release
Posted in Internet & Online, News, Slovakia, Technology, Telecom
Tagged AhMyth Android RAT, AhRat, ESET, Google Play, iRecorder, Lukáš Štefanko, malicious app, Screen Recorder, trojanized Android app
(IN BRIEF) Digi Communications N.V., a European telecommunications company, has announced the granting of conditional stock options to its executive directors. This action was approved during the general shareholders’ meeting on May 18, 2021. On May 19, 2023, a total … Read the full press release
Posted in Belgium, Financial, Investment, Management, News, Portugal, Romania, Spain, Technology, Telecom
Tagged Autoriteit Financiële Markten, conditional class B stock options shares, conditional stock options, DIGI COMMUNICATIONS N.V., executive directors, Romanian Financial Supervisory Authority, stock option shares, stock options, TELECOM
(IN BRIEF) Jean-Pierre Charles has been named the Chief Executive Officer of Oney by BPCE and ELO (formerly Auchan Holding), effective from June 5, 2023. With his extensive experience in consumer finance and retail industries, Charles is set to lead … Read the full press release
Posted in Banks, Financial, France, Management
Tagged appointment, BPCE, Catherine Gueguen, Elo, Jean-Pierre Charles, LaSer Group, Oney, Yves Tyrode
(IN BRIEF) Vodafone is tackling the issue of human-wildlife conflict with a new IoT solution designed to promote peaceful coexistence between humans and wildlife. The technology utilizes a combination of solar power, rechargeable batteries, and cameras equipped with advanced algorithms … Read the full press release
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