Monthly Archives: August 2023

Barclays Bolsters Internet Banking Team with Key Appointments: Emma Taylor as Global Head and Carmen Chan as Managing Director

(IN BRIEF) Barclays has appointed Emma Taylor as the Global Head of Internet Coverage and Carmen Chan as a Managing Director of Internet Coverage within the Technology Investment Banking division. Emma Taylor, with nearly 20 years of experience in Technology … Read the full press release

BAE Systems Awarded $190 Million Contract to Produce Upgraded Bradley A4 Combat Vehicles

(IN BRIEF) BAE Systems has secured a contract modification exceeding $190 million for the production of the Bradley A4, a crucial combat vehicle used by Armored Brigade Combat Teams. The contract includes over 70 M2A4 Infantry Fighting Vehicles and M7A4 … Read the full press release

EBRD Supports LifeSpot in Tackling Poland’s Housing Shortage Amid Refugee Influx

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is granting a loan of up to €25 million to LifeSpot, a residential rental accommodation operator in Poland. The loan aims to address Poland’s housing shortage, which has been exacerbated … Read the full press release

Ahlstrom Sells Stenay Plant in France to Accursia Capital, Paving the Way for Long-Term Growth

(IN BRIEF) Ahlstrom has finalized an agreement to sell its Stenay plant in France to Accursia Capital, a move that aligns with Accursia Capital’s long-term investment strategy to bolster the plant’s position in the paper-based packaging market. The divestment, supported … Read the full press release

DNB Partners with TCS and Capgemini for Enhanced IT Services, Ending Association with Centric

(IN BRIEF) De Nederlandsche Bank (DNB) has entered into four-year agreements with TCS and Capgemini to provide IT services, starting in 2024. TCS will manage the service desk, while Capgemini will oversee the data centers, marking the end of DNB’s … Read the full press release

DNB Welcomes Artie Debidien as New Supervisory Board Member

(IN BRIEF) Dutch Finance Minister Sigrid Kaag has named Artie Debidien as a new member of the Supervisory Board of DNB (De Nederlandsche Bank), based on the recommendation of DNB’s Supervisory Board. Debidien, currently Chief Information Officer and Executive Vice … Read the full press release

LEGO Introduces Braille Bricks for Home Learning and Inclusivity

(IN BRIEF) In anticipation of World Blind Awareness Month in October, the LEGO Group has unveiled the LEGO® Braille Bricks – Play with Braille, available for purchase for the first time through LEGO.com. Aimed at children aged 6 and above, … Read the full press release

Revolutionary Paper-Based Frozen Food Packaging Unveiled Through Collaborative Breakthrough by Ahlstrom and The Paper People LLC

(IN BRIEF) Ahlstrom, in collaboration with The Paper People LLC, has introduced a breakthrough in sustainable packaging with a fully fiber-based, recyclability-certified solution for frozen foods. This packaging, designed to replace conventional fossil-based plastics, provides an eco-friendly alternative for frozen … Read the full press release

Verizon, Ericsson, and MediaTek Achieve Successful Data and Voice Sessions on 5G Network with New RedCap Technology

(IN BRIEF) Verizon, in collaboration with Ericsson and MediaTek, has achieved successful data and voice sessions over its 5G network using Ericsson’s new RedCap compatible software and MediaTek’s RedCap testing platform. This breakthrough technology, referred to as NR light functionality, … Read the full press release

Ericsson Continues to Empower African Talent with Latest Intake of Graduates in Kenya

(IN BRIEF) Ericsson has introduced a new group of graduates into its Graduate Program in Africa, consisting of 7 individuals who joined the company in July 2023. The program, spanning roles in Engineering, Information Technology, Artificial Intelligence, and Strategy and … Read the full press release

Voith Turbo North America Expands York Workshop for Manufacturing Growth

(IN BRIEF) Voith Turbo North America has started a $5 million expansion of its workshop in York, Pennsylvania, to enhance its American manufacturing capabilities. The expansion includes adding 10,000 square feet of space to the existing facility and converting 17,000 … Read the full press release

ZF Showcases Cutting-Edge By-Wire Technologies and Ultra-Compact 800-Volt Drive at IAA Mobility 2023

(IN BRIEF) At the IAA Mobility 2023, ZF is spotlighting its cutting-edge by-wire technologies that offer purely electronic control for steering, braking, and suspension systems, eliminating the need for mechanical connections. The company also introduced the EVSys800, an ultra-compact and … Read the full press release

SGS Launches State-of-the-Art Testing Lab in Malaysia for Advanced EMC and RF Evaluations

(IN BRIEF) SGS has inaugurated an advanced electromagnetic compatibility (EMC) and radio frequency (RF) testing laboratory in Senai, Johor, Malaysia. Spanning 5,300 square meters, the facility is dedicated to providing cutting-edge testing services for household electrical and electronic (E&E) products. … Read the full press release

EQT Announces Successful Completion of USD 924 Million Block Trade for Coforge

(IN BRIEF) BPEA Private Equity Fund VII (“BPEA EQT”) has successfully sold its remaining 26.6 percent stake in Coforge, an Indian technology services provider listed on the National Stock Exchange. The USD 924 million block trade marked the conclusion of … Read the full press release

ČEPS and RWE Finalize Sale of RWE Gas Storage CZ

(IN BRIEF) State-owned electric power transmission operator ČEPS has finalized the sale of its subsidiary, RWE Gas Storage CZ, to RWE, a German energy company. The Czech Republic’s government approved the purchase, and the contract was signed recently. RWE Gas … Read the full press release

RWE Initiates Green Electricity Advancement with Hambach Lignite Opencast Solar Project

(IN BRIEF) RWE is making substantial progress in green electricity production with a new venture at the Hambach lignite opencast mine. They’re constructing a photovoltaic plant integrated with a battery storage system. About 22,000 solar modules will be installed, capable … Read the full press release

Kalmar, a division of Cargotec, Announces Acquisition of Electric Terminal Tractor Product Line from Lonestar Specialty Vehicles

(IN BRIEF) Kalmar, a division of Cargotec, has announced its acquisition of the electric terminal tractor product line from Lonestar Specialty Vehicles (LSV) in the US. As part of the deal, LSV will transfer immaterial assets to Kalmar and become … Read the full press release

University of Glasgow Leads New Quantum Technologies Research Alliance with Scottish Funding

(IN BRIEF) The University of Glasgow has been selected to lead a novel research alliance in quantum technologies, backed by the Scottish Funding Council’s (SFC) Alliance for Research Challenges (ARCs) program. This initiative, supported by up to £600,000 in funding … Read the full press release

Moorim P&P Selects ANDRITZ for State-of-the-Art Recovery Boiler and Digitalization

(IN BRIEF) ANDRITZ, an international technology group, has been chosen to supply a cutting-edge HERB recovery boiler and advanced digitalization solutions for Moorim P&P’s pulp and paper mill in Ulsan, South Korea. The partnership aims to enhance the mill’s economic … Read the full press release

University of Dundee Representatives Embrace Educational and Cultural Exchange at SWUFE in China

(IN BRIEF) Representatives from the University of Dundee attended Southwestern University of Finance and Economics (SWUFE) in China, engaging in a two-week program involving lectures on business, finance, economics, and broader topics like international trade, cultural differences, and COVID recovery. … Read the full press release

Visa Moilanen Takes the Helm as Head of Pulp & Paper in AFRY’s Process Industries Division

(IN BRIEF) Visa Moilanen has been appointed as the Head of Pulp & Paper in the Process Industries Division at AFRY. Having a significant background in the global Pulp & Paper sector, including previous roles at AFRY, Visa brings substantial … Read the full press release

AFRY Selected by EETC for Vital Grid System Study to Support Egypt’s Renewable Energy Expansion

(IN BRIEF) The Egyptian Electricity Transmission Company (EETC) has chosen AFRY to conduct a crucial system study to facilitate the rapid expansion of Egypt’s national transmission grid. The study’s focus is on addressing challenges arising from the increased integration of … Read the full press release

ABN AMRO Advocates Digital Financial Education for Children to Foster Financial Independence

(IN BRIEF) ABN AMRO emphasizes the importance of incorporating digital financial education for children in response to the increasing shift towards digital payments. While cash usage among children is decreasing, their use of bank cards and digital banking apps is … Read the full press release

Alexander Zwart Appointed Chief Innovation and Technology Officer at Rabobank, Succeeding Bart Leurs

(IN BRIEF) Alexander Zwart will assume the role of Chief Innovation and Technology Officer (CITO) at Rabobank, joining the Managing Board as of 1 December. In this position, he will oversee Technology, Data and Analytics, Digital Transformation, and Innovation for … Read the full press release

MAN Truck & Bus Presents Innovative Camper Solutions on TGE Base Vehicle at Caravan Salon

(IN BRIEF) MAN Truck & Bus will showcase its camper innovations based on the TGE base vehicle at the Caravan Salon in Düsseldorf. The MAN TGE serves as a base for motorhomes and offers features like the new Camper high … Read the full press release

FL Technics Receives UK CAA Certification for CFM56 Engine Maintenance Services, Expands Engine Solutions Portfolio

(IN BRIEF) FL Technics, a prominent aircraft maintenance solutions company, has achieved certification from the Civil Aviation Authority of the United Kingdom (UK CAA) to expand its Part-145 maintenance capabilities to the CFM56 family of engines. This achievement complements FL … Read the full press release

Maersk North America Market Update: Navigating Ocean Challenges, Emissions Trading Expansion, and Logistics Solutions

(IN BRIEF) The Maersk North America Market Update for August 2023 provides insights on various aspects of the shipping and logistics industry. It discusses updates on ocean operations, including adjustments due to low water levels at the Panama Canal and … Read the full press release

ELKO Partners with Autel Energy to Bring Efficient EV Charging Solutions to Latvia

(IN BRIEF) ELKO, a distributor in Latvia, has partnered with Autel Energy, a developer of efficient electric vehicle (EV) charging solutions, including AC and DC chargers and energy storage systems for various sectors. Autel Energy’s product range encompasses AC Wallbox, … Read the full press release

Ghanaian Professor Jerry John Kponyo Explores Ethical AI and Afrocentric Datasets in Global Discourse Series

(IN BRIEF) Professor Jerry John Kponyo from Kwame Nkrumah University of Science and Technology (KNUST) in Ghana delves into the concept of responsible AI as part of the “One Topic, One Loop” global discourse series. He highlights the significance of … Read the full press release

Graphene’s Proton Permeability Breakthrough Paves the Way for Green Hydrogen Revolution, Finds Joint Study by University of Warwick and University of Manchester

(IN BRIEF) Researchers from the University of Warwick and the University of Manchester have made a groundbreaking discovery about the permeability of graphene to protons. A decade ago, it was demonstrated that graphene allowed protons to pass through, defying theoretical … Read the full press release

Exploring Gulf Stream’s Influence: University of Liverpool’s Research Cruise Investigates Carbon and Nutrient Transport in the Florida Straits

(IN BRIEF) Professor Ric Williams, Chair in Ocean and Climate Sciences at the University of Liverpool, recently led a research cruise to the Florida Straits as part of a £4 million collaborative research project. This project, backed by the Natural … Read the full press release

TechMed Researcher Annemieke Witteveen Nominated as Finalist for New Scientist Science Talent 2023

(IN BRIEF) Assistant Professor Annemieke Witteveen, from the Biomedical Signals and Systems department at the Faculty of EEMCS (TechMed Centre), has been nominated for the prestigious New Scientist Science Talent Prize. This award highlights emerging researchers, with Witteveen and 14 … Read the full press release

Digi Communications N.V. announces the availability of the instruction regarding the payment of share dividend for the 2022 financial year

Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year 2023 at the upcoming General Meeting of Shareholders, which shall take place in June 2024

(IN BRIEF) Digi Communications N.V. has announced the availability of detailed instructions for the payment of a share dividend for the 2022 financial year. The dividend amounts to 1 leu per share and was approved during the Company’s Ordinary General … Read the full press release

Renewable Leader Vestas Secures Major Order for US Repowering

(IN BRIEF) Vestas, a global sustainable energy solutions provider, has secured a significant order to repower three undisclosed projects in the USA, reinforcing its commitment to renewable energy advancement. The order involves 72 V120-2.2 MW turbines and includes supply, delivery, … Read the full press release

ANDRITZ Refining System Powers Greenply’s Inaugural Fiber Production Success

(IN BRIEF) Greenply Industries Limited has achieved a significant milestone by successfully producing its first batch of fibers using a state-of-the-art high-performance pressurized refining system from ANDRITZ. This accomplishment took place at their MDF production facility in Vadodara, Gujarat, India. … Read the full press release

TUM.Africa Talent Program Explores Jet Lag Causes Through International Research Collaboration

(IN BRIEF) The TUM.Africa Talent Program is hosting six doctoral candidates from sub-Saharan Africa in Munich as part of its first round. One of the candidates, Emmanuel Owiredu Odame from Ghana, is collaborating with German researcher Franz Aschl on investigating … Read the full press release

Continental Unveils Software-Based Mobility Solutions and Sustainable Innovations at IAA MOBILITY 2023

(IN BRIEF) Continental, a technology company, is set to showcase its unique portfolio of software-based and sustainable mobility solutions at the IAA MOBILITY 2023 in Munich. The company’s offerings include innovative high-performance computers, solutions for digital mobility implementation, sustainable vehicle … Read the full press release

Skanska to Construct Ambitious and Climate-Friendly Care Home in Bergen, Norway, Valued at SEK 550 Million

(IN BRIEF) Skanska has entered into an agreement with the Municipality of Bergen in Norway to construct the Midtbygda care home. The contract is valued at approximately NOK 548 million (about SEK 550 million) and will be part of Skanska’s … Read the full press release

Ericsson’s Graduate Program Welcomes Fresh Cohort in Nigeria, Aiming to Drive Innovation and Digital Transformation in Africa

(IN BRIEF) Ericsson has introduced a new group of graduates in Nigeria as part of its ongoing Graduate Program in Africa. This program offers opportunities for graduates to explore roles in various fields including Engineering, Information Technology, Artificial Intelligence, and … Read the full press release

Heidelberg Materials Continues Portfolio Optimization Strategy in West Africa, Sells Cement Terminal in Gambia to B5 Plus

(IN BRIEF) Heidelberg Materials has completed the sale of its cement terminal in Banjul, Gambia, to B5 Plus as part of its ongoing portfolio optimization strategy in West Africa. The financial terms of the transaction have not been disclosed. This … Read the full press release