(IN BRIEF) Vivendi has announced that its subsidiary, Prisma Media, is in exclusive negotiations with Groupe Figaro for the sale of Gala magazine. The sale is a requirement for the European Commission’s approval of Vivendi’s combination with the Lagardère group. … Read the full press release
Posted in Business, France, Media
Tagged Gala magazine, Groupe Figaro, Prisma Media, Vivendi
(IN BRIEF) Neste, a global leader in sustainable aviation fuel and renewable solutions, has announced that its inventors have been honored with the European Inventor Award 2023 in the Industry category. The award, presented by the European Patent Office, recognizes … Read the full press release
Posted in Awards, Energy, Gas & Oil, Finland, Industrial
Tagged Annika Malm, Blanka Toukoniitty, EPO, European Inventor Award 2023, European Patent Office, feedstock, Jukka Myllyoja, Jukka-Pekka Pasanen, Lars Peter Lindfors, Neste, Pia Bergström, polymers, R&D Fellow, renewable diesel, renewable feedstock solutions, sustainable aviation fuel
(IN BRIEF) The European Investment Fund (EIF) has signed a €3 million subordinated loan agreement with Patria Credit IFN to support micro-farms and expand access to finance in Romania. The transaction, backed by InvestEU, aims to help Patria Credit reach … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) is investing €25 million in Radix Ventures, a deep tech venture capital fund based in Central and Eastern Europe. The investment aims to address the funding gap for deep tech founders in the … Read the full press release
Posted in Banks, Business, Financial, Hungary, Investment, Luxembourg, Poland, Romania, Technology
Tagged deep tech, deep tech venture capital fund, EIF, energy startup, InvestEU, Lerta Energy, Marjut Falkstedt, Michał Urbanowski, Noctiluca, Paweł Bochniarz, Photon Energy Group, Radix Ventures, technology entrepreneurs, The European Investment Fund, Valuetech Seed, Wojciech Ratymirski
(IN BRIEF) The European Investment Fund (EIF), a part of the EIB Group, has joined forces with the European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) to invest in asset-backed securities (ABS) issued by BBVA. This collaborative … Read the full press release
Posted in Banks, Business, Financial, Investment, Small Business, Spain
Tagged BBVA, climate change mitigation, European Investment Bank, European Investment Fun, Green Projects, ICO, Instituto de Crédito Oficial, José Carlos García de Quevedo, Luisa Gómez Bravo, Marjut Falkstedt, REPowerEU, Ricardo Mourinho Félix, The EIB Group
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €25 million loan to Dnipro City in Ukraine to support the continuous provision of vital municipal services. Dnipro, Ukraine’s fourth-largest city, has experienced an influx of refugees … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested €45 million in UniCredit Bank Czech Republic and Slovakia a.s. (UCBCS) to support their inaugural green covered bond issuance. The bond, with a five-year maturity, will be listed … Read the full press release
Posted in Banks, Czech Republic, Financial, Investment, Slovakia
Tagged bond, Czech Republic, EBR, green lending, Luxembourg Stock Exchange, Melis Ekmen Tabojer, Slovakia, UCBCS, UniCredit Bank
(IN BRIEF) The European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) have invested in asset-backed securities (ABS) issued by BBVA to support Spanish small and medium-sized enterprises (SMEs) and mid-caps. The investment aims to address working capital … Read the full press release
Posted in Banks, Business, Financial, Investment, Luxembourg, Small Business, Spain
Tagged ABS, asset-backed securities, BBVA, European Investment Bank, European Investment Fund, Green Projects, ICO, Instituto de Crédito Oficial, José Carlos García de Quevedo, Luisa Gómez Bravo, Marjut Falkstedt, Ricardo Mourinho Félix, SMEs, The EIB Group
(IN BRIEF) The European Investment Bank (EIB) has announced the successful pricing of a €5 billion 10-year EARN benchmark bond, set to mature on July 15th, 2033. The bond carries an annual coupon rate of 3.000% and was issued at … Read the full press release
Posted in Banks, Financial, Investment, Luxembourg
Tagged EARN, EARN benchmark, EIB, European Investment Bank
(IN BRIEF) A recently completed doctoral thesis suggests that parents should sing to their stable preterm infants during kangaroo care, as it promotes brain development in infants and improves maternal wellbeing. The study found that singing during kangaroo care helped … Read the full press release
Posted in Education, Finland, Healthcare, Management, News, Science
Tagged brain development, Kaisamari Kostilainen, kangaroo care, Maternal Wellbeing, Preterm Infants, Singing, University of Helsinki
(IN BRIEF) The Max Planck l University of Helsinki Center for Social Inequalities in Population Health, known as MaxHel, has launched its research initiative to investigate the factors that contribute to health inequalities. The center, located in Helsinki and Rostock, … Read the full press release
Posted in Education, Finland, Healthcare, Management, News, Science
Tagged Max Planck, MaxHel, Mikko Myrskylä, Pekka Martikainen, Population Health, RESEARCH, social inequalities, University of Helsinki
(IN BRIEF) The Carmelite church in Straubing, Bavaria, has been designated as the official university church for the Technical University of Munich (TUM). The church is part of the historic Carmelite monastery, which was acquired by the State of Bavaria … Read the full press release
(IN BRIEF) The European university alliance, EuroTeQ, has secured funding from the EU until 2027 to continue its joint training of engineers. Led by the Technical University of Munich (TUM), EuroTeQ aims to enhance collaboration among eight universities in the … Read the full press release
(IN BRIEF) SUEZ has successfully commissioned the SCIP Anyo project, a hazardous waste disposal initiative in Shanghai Chemical Industry Park (SCIP). With an investment of RMB 450 million, the project increases SUEZ’s hazardous waste treatment capacity from 120,000 to 160,000 … Read the full press release
(IN BRIEF) The construction team from GRAHAM has reached a significant milestone in the development of the Nelson Street student accommodation project in Belfast. The 12-storey complex, set to become one of the largest student accommodation complexes in Northern Ireland, … Read the full press release
Posted in Business, Construction, Infrastructure & Utilities, Management, News, United Kingdom
Tagged Anthony Best, Gary Holmes, GRAHAM, Neil Howells, Nelson Street Project
(IN BRIEF) Marks & Spencer (M&S) is expanding its Shwopping scheme by introducing dedicated school uniform Shwop boxes in over 200 of its stores across the UK. The initiative, in partnership with Oxfam and eBay, aims to give pre-loved school … Read the full press release
(IN BRIEF) Researchers at the Paul Scherrer Institute (PSI) have developed a new drug that shows promise in increasing the survival chances of patients with metastatic prostate cancer. The drug is now being tested in the PROGNOSTICS project, a research … Read the full press release
(IN BRIEF) VINCI Highways, in partnership with its subsidiary Olympia Odos, is expanding its innovative “Water from the Air” service along the Athens-Patras highway. The service provides travelers with free, fresh, and high-quality drinking water produced from air ambient humidity. … Read the full press release
(IN BRIEF) CACEIS and Royal Bank of Canada (RBC) have successfully completed the acquisition of RBC Investor Services’ European and Malaysian operations. This transaction, which has received regulatory approvals, strengthens CACEIS’ position as a leading asset servicing player in Europe. … Read the full press release
Posted in Banks, Business, Financial, France, Investment, Management, News
Tagged acquisition, CACEIS, Francis Jackson, Jean-Pierre Michalowski, RBC
(IN BRIEF) Saint-Gobain, a global building materials company, has announced the sale of its glass processing business, COVIPOR, in Portugal to PNI Portugal & Permanente SA. COVIPOR, which generated sales of approximately €20 million in 2022 and employs around 100 … Read the full press release
Posted in Business, Construction, France, Management, News
Tagged COVIPOR, deal, partnership, PORTUGAL, Saint-Gobain
(IN BRIEF) Gasum, a Nordic energy company, has opened a new gas filling station in Växjö, Sweden, in response to increasing customer demand for lower-emission fuel options. The station offers renewable liquefied biogas (LBG) and liquefied natural gas (LNG), which … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Management, News
Tagged Alwex Transport, Gasum, Peter Sagebrant, Renewable Gas Filling Station, Sharareh Edström, sustainable fuel, Sweden, Växjö
(IN BRIEF) Skanska, as part of the Skanska Costain STRABAG joint venture, has been awarded an additional GBP 103M, approximately SEK 1.3 billion, for their work on phase one of the UK’s new high-speed railway, HS2. The award is in … Read the full press release
Posted in Business, Construction, Financial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged contract, investment, Skanska
(IN BRIEF) Philips and Philips Foundation have received the prestigious GRAND PRIX and GOLD Design Effectiveness Award from the Design Business Association (DBA) for their High-Risk Pregnancy Referral tool. The tool, consisting of simple referral cards, has been designed for … Read the full press release
Posted in Awards, Business, Healthcare, Management, Netherlands, News
Tagged Design Excellence, Gold Award, High-Risk Pregnancy Referral Tool, Peter Skillman, Philips, Philips Foundation
(IN BRIEF) The University of Dundee is launching the Binks Sustainability Institute to address the urgent need for sustainable living and tackle the climate crisis. The institute is made possible by a significant donation from the Binks Trust, facilitated by … Read the full press release
(IN BRIEF) Simon Linder, a PhD candidate, conducted multi-omics research to understand how tumor cells adapt to hormonal therapies in prostate cancer. Prostate cancer is hormone-dependent, and although hormonal therapy is initially effective, cancer cells eventually become resistant to it. … Read the full press release
Posted in Business, Education, Healthcare, Management, Netherlands, News, Science
Tagged hormonal therapy, Multi-Omics Research, prostate cancer, protein, Resistance, Simon Linder, treatment, TU/e, Wilbert Zwart
(IN BRIEF) ABB and Microsoft have announced an expanded partnership to integrate Azure OpenAI Service into ABB’s Genix Industrial Analytics and AI suite. The collaboration aims to leverage generative AI technology to help industrial customers gain insights from operational data. … Read the full press release
Posted in Business, Management, News, Switzerland, Technology
Tagged ABB, ABB Ability™, AI Suite, Azure OpenAI Service, Genix, Genix Industrial Analytics, Microsoft, partnership, Rajesh Ramachandran, Ralph Haupter
(IN BRIEF) ABB has successfully completed the divestment of its Power Conversion division to AcBel Polytech Inc. for an enterprise value of $505 million. This transaction marks the completion of all divisional portfolio divestments announced by ABB in late 2020. … Read the full press release
Posted in Business, Investment, Management, News, Switzerland, Technology
Tagged ABB, AcBel Polytech Inc., divestment
(IN BRIEF) Atos Group, a global leader in digital transformation, has entered into exclusive negotiations with Schneider Electric for the sale of 100% of EcoAct SAS and its subsidiaries. This potential transaction would allow Atos to divest non-core assets and … Read the full press release
Posted in Business, Environment, France, Management, News, Technology
Tagged Atos, decarbonization, Diane Galbe, EcoAct, partnership, Schneider Electric, Steve Wilhite, Stuart Lemmon, sustainability
(IN BRIEF) SoleSense, a startup revolutionizing stroke rehabilitation, has won the Best Elevator Pitch award at Bristol’s prestigious Tech-Xpo 2023 Showcase. The company, founded by Caz Icke in 2019, utilizes shoe sensors and a real-time biofeedback application to offer personalized … Read the full press release
(IN BRIEF) Ericsson and Swisscom have successfully deployed the fiber-extended reach feature of the Radio Dot System, enabling high-capacity indoor 5G coverage within a 10 km radius from a centralized location. By using fiber and hybrid fiber cables, Swisscom can … Read the full press release
Posted in Business, Management, News, Sweden, Technology
Tagged 5G, Ericsson, fiber technology, indoor, Mark Düsener, Nils Andersson, Swisscom
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