Monthly Archives: August 2023

EIB Survey Reveals Central and Eastern European Companies Prioritize Innovation Amidst Investment Challenges

(IN BRIEF) The European Investment Bank (EIB) has released findings from its Investment Survey, focusing on Central and Eastern European (CEE) companies. The survey highlights that 77% of CEE companies are investing in business development, with a higher percentage investing … Read the full press release

LEGO Group’s H1 2023 Earnings Reflect Resilience Amid Toy Industry Challenges, Emphasis on Sustainability and Growth

(IN BRIEF) The LEGO Group reported its earnings for the first half of 2023, showcasing a one percent growth in revenue compared to H1 2022, with consumer sales growing by three percent. Despite an exceptionally strong H1 2022, the company … Read the full press release

Cologne Bonn Airport Shifts Ground Fleet to Neste MY Renewable Diesel™, Reducing Emissions and Advancing Sustainability

(IN BRIEF) Cologne Bonn Airport has transitioned its diesel-powered ground fleet to Neste MY Renewable Diesel™, a renewable diesel made from 100% renewable raw materials. This switch is particularly important for vehicles that cannot be easily electrified, such as the … Read the full press release

Fraunhofer-Gesellschaft Collaborates with Microsoft to Launch Secure AI Chatbot FhGenie for Employees’ Text Creation and More

(IN BRIEF) The Fraunhofer-Gesellschaft, in partnership with Microsoft, has introduced FhGenie, an internal AI chatbot based on Microsoft Azure OpenAI Service. FhGenie operates similarly to OpenAI’s ChatGPT and allows Fraunhofer employees to securely create, edit, or modify texts using non-public … Read the full press release

DB Schenker Advances Green Logistics Ambition with Acquisition of 53 Renault Electric Trucks in France

(IN BRIEF) DB Schenker, a prominent logistics service provider, is reinforcing its commitment to emissions reduction by investing in electric technology. The company has procured 53 Renault Trucks E-Tech D electric carriers for its operations in France. This move aligns … Read the full press release

Ericsson Supplies 5G Test Network Infrastructure to Strengthen German Telecommunications Network Security

(IN BRIEF) Ericsson has provided the German Federal Office for Information Security (BSI) with a comprehensive 5G test network infrastructure for its 5G/6G Security Lab TEMIS (Test Environment for Mobile Infrastructure Security). This initiative aims to enhance the security of … Read the full press release

Bayer Invests EUR 220 Million in Future of Regenerative Agriculture and Crop Protection Innovation

(IN BRIEF) Bayer is making a significant investment of EUR 220 million in research and development (R&D) at its Monheim site in Germany, focusing on its Crop Protection business. This represents the company’s largest single investment in Crop Protection in … Read the full press release

Henkel Introduces Comprehensive Adhesive Solutions for Sustainable E-Commerce Packaging

(IN BRIEF) Henkel, a leader in industrial adhesives, is addressing the challenges faced by the e-commerce industry by offering a comprehensive range of adhesives and coating solutions for e-commerce packaging. These solutions are designed to meet the needs of packaging … Read the full press release

EMA Recommends Pfizer and BioNTech’s Omicron XBB.1.5-Adapted COVID-19 Vaccine for Approval

(IN BRIEF) Pfizer and BioNTech have received a recommendation for marketing authorization from the European Medicines Agency’s Committee for Medicinal Products for Human Use (CHMP) for their Omicron XBB.1.5-adapted monovalent COVID-19 vaccine. The recommendation includes the administration of a single … Read the full press release

Hydro’s Sunndal Aluminium Plant Aims to Cut Emissions with Local Biomethane Integration

(IN BRIEF) Hydro’s aluminum plant in Sunndal, Norway, aims to replace fossil fuels with local biomethane resources to cut emissions in the production process. The initiative is expected to reduce CO2 emissions by 20,000 tonnes annually, contributing to Hydro’s goal … Read the full press release

Continental Appoints Manja Greimeier as Head of Tires’ Original Equipment Business Area

(IN BRIEF) Continental has appointed Manja Greimeier as the Head of its Tires’ Original Equipment business area, effective from August 1, 2023. In this role, Greimeier will oversee Continental’s global original equipment business for passenger and commercial vehicles. Her predecessor, … Read the full press release

ANACONDA Tactical Bridge System Unveiled by GDELS and RMMV at RÜ.NET 2023 Conference

(IN BRIEF) General Dynamics European Land Systems (GDELS) and Rheinmetall MAN Military Vehicles (RMMV) have jointly presented the ANACONDA tactical bridge-laying system, based on GDELS’s BIBER bridge, mounted on RMMV’s high-mobility 8×8 HX2 carrier vehicle. This presentation took place at … Read the full press release

DNV Partners with Intercontinental Wind Energy for Quality Assurance and Offshore Wind Expansion in Taiwan

(IN BRIEF) DNV has secured a contract to provide quality assurance, quality control, and technical support to Intercontinental Wind Energy Co., Ltd. (IWE) in Taiwan. This collaboration aims to assist IWE in becoming a Tier-1 supplier for offshore wind projects … Read the full press release

CASA SEAT’s September Program Celebrates Women Pioneers and Offers a Diverse Lineup of Cultural Events

(IN BRIEF) CASA SEAT’s September program features a new exhibition called “Women Pioneers” that honors women who contributed to the automotive industry’s development, along with a diverse lineup of events including music performances, talks, and literary discussions. The exhibition showcases … Read the full press release

Vodafone and Keysight Release Handbook to Foster Open RAN Testing and Collaboration with Network Vendors

(IN BRIEF) Vodafone and Keysight Technologies have released a comprehensive handbook to assist vendors in testing new Open Radio Access Network (RAN) software and hardware. The handbook is designed to guide network operators and vendors of all sizes through the … Read the full press release

Deutsche Telekom Elevates 5G Network with Fiber Optic Connections and Advanced Technology for Enhanced Mobile Experiences

(IN BRIEF) Deutsche Telekom has achieved significant progress in advancing its mobile network infrastructure for enhanced 5G experiences. With 83% of all 5G mobile sites connected via fiber optics, the company is ensuring faster and more reliable mobile data traffic. … Read the full press release

Deutsche Telekom Introduces Fairphone 5: A Sustainable and Ethical Smartphone Promoting Durability and Environmental Responsibility

(IN BRIEF) Deutsche Telekom has introduced the Fairphone 5, the latest addition to the Fairphone family, emphasizing environmental sustainability and ethical responsibility. Available for pre-order and set to be delivered from September 14, the Fairphone 5 features an eight-core processor, … Read the full press release

Aviva Announces Leadership Changes: CEO Transition at Aviva Canada and New Role for Current CEO

(IN BRIEF) Jason, the current CEO of Aviva Canada, will be taking on a new role within the company. He has led Aviva Canada for four years, overseeing substantial growth and becoming a prominent player in the Canadian insurance market. … Read the full press release

Siemens Increases Apprentice Intake Despite Market Challenges, Emphasizing STEM and Sustainability Education

(IN BRIEF) Siemens in Germany is set to welcome over 1,500 apprentices and work-study program participants on September 1, reflecting a 15 percent increase compared to the previous year. This rise is notable amid the country’s apprentice market imbalance, where … Read the full press release

Eni Completes First Phase of Treasury Share Buyback Program with Acquisition of 4.2 Million Shares

(IN BRIEF) Eni, an energy company, has acquired 4,233,249 shares on the Euronext Milan from August 21 to August 24, 2023, as part of its treasury share buyback program. The shares were purchased at a weighted average price of €14.1299 … Read the full press release

EBRD and Addiko Bank Collaborate to Empower SMEs in Bosnia and Herzegovina with €5 Million Loan and Training Academy

(IN BRIEF) The EBRD (European Bank for Reconstruction and Development) and Addiko Bank Banja Luka in Bosnia and Herzegovina have signed a €5 million loan agreement to support small and medium-sized enterprises (SMEs). This marks the EBRD’s third loan to … Read the full press release

Entrepreneur Transforms Old Building into Artful Boutique Hotel with Support from Small Business Advice Programme

(IN BRIEF) Meergul, owner of Art Hotel in Osh, Kyrgyzstan, has transformed an old building into a unique boutique hotel with distinct room designs and local artwork. Despite being hard of hearing, Meergul is a social entrepreneur who actively promotes … Read the full press release

ANDRITZ to Install Advanced Shoe Press for Enhanced Paper Quality and Energy Efficiency at Lee & Man’s Malaysian Mill

(IN BRIEF) ANDRITZ, an international technology group, has received its ninth order for a PrimePress X shoe press from Lee & Man Paper Manufacturing Ltd. This press will be installed in Lee & Man’s Banting, Malaysia mill to enhance paper … Read the full press release

Germany: The Federal Financial Supervisory Authority (BaFin) Issues Warning on’s Unauthorized Financial Activities

(IN BRIEF) The Federal Financial Supervisory Authority (BaFin) has issued a warning about the website BaFin’s investigation reveals that the operator of the website, known by various names including Swiss Algo and CentralKasse, is providing financial and investment services … Read the full press release

Major Multinational Operation Dismantles Global Malware Network: Eurojust’s Integral Role in Taking Down Qakbot

(IN BRIEF) A global operation led by the US has successfully taken down the ‘Qakbot’ malware network that infected 700,000 computers and caused massive financial damage. Collaborating with countries like France, Germany, and the UK, the initiative disrupted cybercrime. Eurojust … Read the full press release

EMA Backs Comirnaty Omicron XBB.1.5 Vaccine for Varied Ages Amid Variant Concerns

(IN BRIEF) EMA proposes Comirnaty Omicron XBB.1.5 vaccine for ages 6 months+, tailored to combat Omicron XBB.1.5 variant. One dose suffices for ages 5+, while kids 6 months to 4 years may need 1 or 3 doses based on prior … Read the full press release

Leadership Transition at Shell: Ronan Cassidy Steps Down, Rachel Solway to Take Over as Chief HR Officer

(IN BRIEF) Ronan Cassidy, Chief Human Resources and Corporate Officer of Shell plc, will step down from his position on December 31, 2023, and leave the company thereafter. Rachel Solway, currently Executive Vice President of Human Resources, Organization Development & … Read the full press release

Logicor Expands Logistics Portfolio with Acquisition of Greenfield Development in Lelystad, Netherlands

(IN BRIEF) Logicor, a prominent logistics real estate developer, owner, and manager in Europe, has finalized the acquisition of a logistics greenfield development site in Lelystad, Netherlands. The site spans over 61,000 m2 and will host the construction of three … Read the full press release

ANDRITZ to Enhance Lotus Teknik Tekstil’s Nonwovens Production with Metris All-In-One Platform

(IN BRIEF) ANDRITZ, an international technology group, has secured an order from Lotus Teknik Tekstil A.Ş. in Turkey to install the Metris All-In-One digitalization platform for their new WetlaceTM CP nonwovens production line. The integration of this platform is scheduled … Read the full press release

ENTEG Institute’s Daniele Parisi Joins EUR 3.9M ‘ReBond’ Project for Universal Plastic Recycling

(IN BRIEF) Daniele Parisi, an assistant professor at the ENTEG institute, is a partner in the ‘ReBond’ project, which has received EUR 3.9 million in funding from Horizon 2022 – MSCA – ITN. The project focuses on developing a universal … Read the full press release

voestalpine AG’s Management Board: Renewed Mandates and New Appointments for Continued Growth

(IN BRIEF) voestalpine AG’s Supervisory Board has made significant decisions regarding its Management Board, reappointing three existing members and introducing two new members. Herbert Eibensteiner will continue as Chairman of the Management Board for another five years, with Hubert Zajicek … Read the full press release

RWE Triumphs in First Gulf of Mexico Offshore Wind Lease Auction, Expanding U.S. Footprint

(IN BRIEF) RWE, a leading global offshore wind company, has secured a lease in the U.S. Department of the Interior’s first Gulf of Mexico offshore wind lease auction. The company won Lease Area OCS-G 37334 with a bid of $5.6 … Read the full press release

Bang & Olufsen and Ferrari Unveil Iconic Collaboration: Aluminum Craftsmanship Meets Signature Red in Historic Collection

(IN BRIEF) Bang & Olufsen and Ferrari have collaborated to create a collection that combines their iconic brands. The collaboration highlights the strengths of both companies – Bang & Olufsen’s excellence in aluminum craftsmanship and Ferrari’s renowned red color. The … Read the full press release

Pairwise and Bayer Extend Collaboration to Develop Gene-Edited Short-Stature Corn for Smart Agriculture

(IN BRIEF) Pairwise and Bayer have entered into a new five-year, multi-million Dollar collaboration focusing on gene-edited short-stature corn. Building on their initial partnership for corn, soy, wheat, cotton, and canola, this collaboration aims to optimize and enhance gene-edited short-stature … Read the full press release

MAN Truck & Bus Welcomes 528 New Apprentices to Foster Skilled Workforce in Evolving Transport Solutions Industry

(IN BRIEF) MAN Truck & Bus, a commercial vehicle manufacturer, has welcomed 528 new apprentices across twelve occupations at its three large German production sites in Munich, Nuremberg, and Salzgitter, along with German service workshops. Additionally, 30 dual students are … Read the full press release

Alstom Inaugurates Advanced Bogie Centre in Kazakhstan to Enhance Railway Vehicle Lifecycle Support

(IN BRIEF) Alstom, a global leader in smart and sustainable mobility, has inaugurated its first bogie centre in Astana, Kazakhstan. The centre will produce and maintain bogies for various railway vehicles throughout their lifecycle. Alstom invested over €15 million in … Read the full press release

Ericsson Receives Google Cloud’s 2023 Partner Award for Transformative Telecommunications Innovation

(IN BRIEF) Ericsson has been awarded the 2023 Google Cloud Industry Solution Technology Partner of the Year Award for Telecommunications. The recognition stems from Ericsson’s innovative integration of its 5G portfolio with Google Cloud technology. The collaboration between Ericsson and … Read the full press release

Ericsson, AWS, and Hitachi Demonstrate 5G and AI’s Impact on Manufacturing Efficiency

(IN BRIEF) Technology giants Ericsson, Amazon Web Services (AWS), and Hitachi America R&D have collaborated to showcase the transformative potential of existing 5G, artificial intelligence (AI), and automation solutions in manufacturing. A private 5G infrastructure trial was conducted at Hitachi … Read the full press release

Google Cloud and Estée Lauder Partner to Transform Luxury Digital Experience with Generative AI

(IN BRIEF) Google Cloud and The Estée Lauder Companies Inc. (ELC) are expanding their partnership to utilize generative AI for ELC’s brand sites, enhancing the luxury digital experience. Through this collaboration, ELC aims to understand consumer sentiment, improve R&D efforts, … Read the full press release

Galp Invests $5 Million in Verdagy’s Innovative Electrolysis Technology for Industrial Decarbonization

(IN BRIEF) Galp, an energy company, has invested $5 million in Verdagy, a US-based company developing scalable electrolysis technology for industrial applications. This technology aims to reduce costs and dependency on critical raw materials compared to current electrolysis methods. Galp’s … Read the full press release