(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
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged Central and Eastern European Companies, Debora Revoltella, EIB, Financial, INNOVATION, investment, Teresa Czerwinska
(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
Posted in Business, Construction, Denmark, Entertainment, Environment, Financial, Industrial, Investment, Management, News
Tagged Financial, LEGO Group, Niels B. Christiansen, sustainability, toy industry
(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
(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
(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
(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
(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
Posted in Agriculture, Business, Education, Environment, Financial, Germany, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Bayer, crop protection, Dr. Axel Trautwein, Dr. Robert Reiter, INNOVATION, investment, Rachel Rama, Regenerative Agriculture, sustainability
(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
(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
Posted in Business, European Union, Germany, Government, Healthcare, Industrial, Management, Marketing, News, Pharma & Biotech, Science
Tagged Albert Bourla, BioNTech, Comirnaty, COVID-19 vaccine, EMA, Omicron XBB.1.5-Adapted, Pfizer, Prof. Ugur Sahin, Tozinameran
(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
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, Metals and Minerals, News, Norway
Tagged aluminium plant, biomethane, emissions, Havila, Hydro, Norway, Ola Sæter, partnership, Sunndal, sustainability
(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
Posted in Automotive, Business, Germany, Industrial, Management, News
Tagged appointment, Christian Kötz, Continental, David O'Donnell, leadership, Manja Greimeier
(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
Posted in Automotive, Business, Defence, Germany, Government, Industrial, Management, Media, News
Tagged ANACONDA Tactical Bridge System, GDELS, partnership, Rheinmetall, RMMV, RÜ.NET 2023 Conference
(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
(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
Posted in Automotive, Business, Entertainment, Industrial, Management, Media, News, Spain
Tagged CASA SEAT, Cultural Events, exhibition, Javier Luzón, Jesús Monclús, Nuria Pérez, September Program, Women Pioneers
(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
Posted in Business, Industrial, Management, News, Technology, Telecom, United Kingdom
Tagged Handbook, Keysight, Network Vendors, Open RAN Testing, partnership, vodafone
(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
Posted in Business, Germany, Industrial, Management, News, Technology, Telecom
Tagged 5G network, Abdu Mudesir, Advanced Technology, Deutsche Telekom, Fiber Optic Connections, mobile experiences
(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
Posted in Business, Environment, Germany, Industrial, Management, News, Technology, Telecom
Tagged Deutsche Telekom, durability, environmental responsibility, Fairphone 5, Smartphone, sustainability
(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
Posted in Business, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Adam Winslow, Amanda Blanc, appointment, Aviva, Aviva Canada, CEO, Jason Storah, leadership, Tracy Garrad
(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
(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
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Investment, Italy, Management, News
Tagged acquisition, Eni, shares, Treasury Share Buyback Program
(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
(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
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Artful Boutique Hotel, EBRD, Entrepreneur, Small Business Advice Programme
(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
Posted in Austria, Business, Industrial, Management, News, Technology
Tagged Andritz, energy efficiency, Lee & Man, Malaysian Mill, paper quality, shoe press
(IN BRIEF) The Federal Financial Supervisory Authority (BaFin) has issued a warning about the website swissalgo.org. 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
Posted in Financial, Germany, Government, Internet & Online, Investment, Law
Tagged BaFin, CentralKasse, emgprime, Swiss Algo, swissalgo.org, Unauthorized Financial Activities
(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
Posted in European Union, Government, Internet & Online, Netherlands, Security & Safety, Technology
Tagged botnet, cryptocurrency, Cybercrime, Eurojust, EUROPOL, malware, Pinkslipbot, Qakbot, Qbot, ransomware, seizure
(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
(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
Posted in Business, Energy, Gas & Oil, Industrial, Management, News, United Kingdom
Tagged appointment, leadership, Rachel Solway, Ronan Cassidy, Shell, Wael Sawan
(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
(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
Posted in Austria, Business, Industrial, Management, News, Technology
Tagged Andritz, Ceyhun Zincirkiran, Lotus Teknik Tekstil, Metris All-In-One Platform, nonwovens production
(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
(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
(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
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Auction, Gulf of Mexico, John Bel Edwards, Louisiana, Offshore wind, RWE, Sven Utermöhlen
(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
(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
Posted in Agriculture, Business, Environment, Germany, Industrial, Management, News, Pharma & Biotech
Tagged Bayer, Bob Reiter, Gene-Edited Short-Stature Corn, Pairwise, partnership, Smart Agriculture, sustainability, Tom Adams
(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
(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
Posted in Business, France, Industrial, Infrastructure & Utilities, Management, News, Transportation & Logistics
Tagged Alstom, Bogie Centre, Kanat Alpysbayev, Kazakhstan, railway
(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
Posted in Awards, Business, Industrial, Management, News, Sweden, Technology, Telecom
Tagged 2023 Partner Award, Awards, Ericsson, Google Cloud, INNOVATION, Kevin Ichhpurani, partnership, Ravi Vaidyanathan, Transformative Telecommunications
(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
(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
Posted in Apparel, Fashion & Beauty, Business, France, Industrial, Management, News, Technology
Tagged artificial intelligence, Atos, digital, Estée Lauder, Gibu Thomas, Google Cloud, partnership, Thomas Kurian, transformation
(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
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
