Daily Archives: 4, September 2023

EBRD Backs Turkish confectioner Kervan Gıda’s Green Expansion with €22 Million Loan

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €22 million long-term loan to Kervan Gıda Sanayi ve Ticaret A.Ş, a major Turkish jelly sweets exporter. The funds will support the expansion of jelly and liquorice … Read the full press release

Gretchen Biery Takes the Helm as EBRD Director for Eastern Mediterranean

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has named Gretchen Biery as Director for its eastern Mediterranean region, overseeing operations in Jordan, Lebanon, and the West Bank and Gaza. Effective from September 1, 2023, she reports to … Read the full press release

Elli by Volkswagen Group at IAA Munich: A Glimpse into Future Energy Innovations and Charging Solutions

(IN BRIEF) Volkswagen Group’s e-mobility brand, Elli, is set to reveal innovative charging solutions and future energy innovations at the International Motor Show (IAA) in Munich. Highlighting their commitment to holistic energy solutions, Elli’s showcase will feature the groundbreaking Flexpole … Read the full press release

Volkswagen Group Steers Transformation with Impressive Strides in Tech Platforms at IAA Mobility

(IN BRIEF) Volkswagen Group’s CEO, Oliver Blume, announces substantial advancements in the company’s four core technology platforms during the IAA Mobility conference in Munich. The Group’s shift from traditional automaker to integrated mobility provider is marked by achievements in sustainable … Read the full press release

Nestlé’s Palforzia Peanut Allergy Treatment Finds New Owner in Stallergenes Greer

(IN BRIEF) Nestlé has successfully divested its peanut allergy treatment business, Palforzia, to biopharmaceutical company Stallergenes Greer. This move follows Nestlé’s strategic review of its portfolio and aims to ensure business continuity while providing patients uninterrupted access to the treatment. … Read the full press release

Montachem International Enters Compostable Materials Market with Seaweed Resins Company Loliware

PARTNERSHIP TO MAKE SEAWEED RESINS WIDELY AVAILABLE, LAUNCH LOLIWARE IN EUROPE (IN BRIEF) Montachem International is partnering with Loliware, a U.S.-based materials science company, to venture into the compostable materials market using seaweed resins. This move introduces Loliware’s innovative seaweed-based … Read the full press release