Daily Archives: 20, September 2023

ORLEN and Northland Power Secure Financing for Baltic Power Wind Farm

(IN BRIEF) The ORLEN Group and Northland Power have signed credit facility agreements with a syndicate of 25 Polish and international financial institutions to finance the Baltic Power project, the first wind farm to be constructed in Polish waters of … Read the full press release

Axel Springer Partners with Connatix to Enhance Online Video Engagement and Monetization

(IN BRIEF) Axel Springer, a global media and technology company, has entered a long-term partnership with Connatix, a leading video technology firm, to boost online video engagement and monetization. This collaboration aims to drive revenue for Axel Springer’s media brands … Read the full press release

Medidata Launches Comprehensive Diversity Program to Improve Inclusion in Clinical Trials

(IN BRIEF) Medidata, a subsidiary of Dassault Systèmes, has introduced the Medidata Diversity Program, an extensive solution aimed at enhancing diversity, equity, and inclusion in clinical trials. This program supports biopharmaceutical companies, medical device firms, and clinical research organizations (CROs) … Read the full press release

Kate Thomson Appointed Interim Chief Financial Officer at bp

(IN BRIEF) bp has named Kate Thomson as its interim Chief Financial Officer (CFO) following the recent appointment of Murray Auchincloss as the interim CEO. Kate Thomson, currently serving as bp’s Senior Vice President of Finance for Production & Operations, … Read the full press release

Coventry City Council and E.ON Launch Pioneering 15-Year Partnership to Boost Carbon Reduction and Local Economy

(IN BRIEF) Coventry City Council has embarked on a unique 15-year partnership with E.ON, designating the energy company as the city’s Strategic Energy Partner. This groundbreaking initiative aims to revolutionize energy usage in Coventry by prioritizing diversity, equity, and inclusion … Read the full press release

DHL and Formula 1® Biofuel Trucks Slash Carbon Emissions by 83% During European Leg of 2023 Championship

(IN BRIEF) DHL and Formula 1® have achieved an impressive 83% reduction in carbon emissions during the European leg of the 2023 FIA Formula One World Championship by using a new fleet of trucks powered by HVO100 biofuel. These trucks, … Read the full press release

Cyviz onthult nieuwe TEMPEST dynamische controlekamer in Benelux, Nederland

STRATEGISCHE UITBREIDING MET DE OFFICIËLE OPENING VAN HET NIEUWE CYVIZ EXPERIENCE CENTER (IN HET KORT) Cyviz heeft samen met SPIE, een toonaangevend Europees bedrijf in technische diensten, een geavanceerde commando- en controlekameroplossing gebouwd die informatie met meerdere classificaties kan verwerken. … Read the full press release

Vodafone and AST SpaceMobile Make History with First Space-Based 5G Voice Call

(IN BRIEF) Vodafone and AST SpaceMobile have achieved a groundbreaking milestone by completing the world’s first space-based 5G voice call. The successful call was made from Hawaii to a Vodafone engineer in Spain using a standard Samsung Galaxy S22 smartphone … Read the full press release

BASF Showcases Innovative Solutions at Fakuma 2023 to Address Plastic Waste and Sustainability

(IN BRIEF) BASF is highlighting a range of innovative solutions at the 28th Fakuma exhibition in Friedrichshafen, Germany, aimed at addressing plastic waste and promoting sustainability. The showcased solutions include mass-balanced plastics that reduce resource consumption and greenhouse gas emissions, … Read the full press release

BASF Launches Industry’s First Biomass Balance Offerings for Plastic Additives

(IN BRIEF) BASF has introduced the industry’s first biomass balance offerings for plastic additives, including Irganox® 1010 BMBcert™ and Irganox® 1076 FD BMBcert™. These products are certified by TÜV Nord for mass balance according to the International Sustainability and Carbon … Read the full press release

Telekom and RTL Deutschland Launch “5G Live Video Production” Service

(IN BRIEF) Telekom and RTL Deutschland have introduced the “5G Live Video Production” service, which enables stable broadcasting for live events using 5G standalone and network slicing technologies. This service allows TV teams to transmit live HD video streams reliably … Read the full press release

ING Completes Share Buyback Program by Repurchasing 2.3 Million Shares

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has announced the completion of its €1.5 billion share buyback program, which was launched on May 11, 2023. During the week of September 11 to September 15, 2023, the bank repurchased 2,315,477 shares at an average price … Read the full press release

Siemens Partners with Monta to Expand Electric Vehicle Charging Infrastructure in Europe

(IN BRIEF) Siemens has entered into a partnership with Monta, an electric vehicle (EV) charging platform provider, to enhance the development of charging infrastructure across Europe. Siemens will utilize Monta’s Charge Point Management System (CPMS) to manage its own EV … Read the full press release

Siemens and DMG MORI Introduce Industry-Defining Digital Twin for Machine Tool Processing

(IN BRIEF) Siemens and DMG MORI have launched an industry-defining digital twin for machine tool processing on the Siemens Xcelerator Marketplace. This digital twin, based on the Digital Native CNC Sinumerik One, includes a replica of the control system, machine … Read the full press release

Revolutionizing Manufacturing: Hexagon’s HxGN Production Machining Suite Unveiled

(IN BRIEF) Hexagon’s Manufacturing Intelligence division has launched HxGN Production Machining, a suite of software designed to revolutionize manufacturing processes for discrete parts across industries like medical and aerospace. The suite offers CAD and CAM capabilities, process simulation, G-code verification, … Read the full press release

Siemens and DMG MORI Unveil End-to-End Digital Twin for Machine Tool Machining

(IN BRIEF) Siemens and DMG MORI have introduced an end-to-end digital twin for machine tool machining on Siemens Xcelerator. This digital twin includes a replica of the controller, a customer-specific DMG MORI machine tool, and the workpiece. The technology allows … Read the full press release

Enhancing Automotive Electronics: Henkel Launches Silicone-Free Bergquist Gap Pad

(IN BRIEF) Henkel has introduced a revolutionary product, the Silicone-free Bergquist Gap Pad TGP EMI4000, designed to enhance longevity, versatility, and performance in automotive electronics. As vehicles rely more on advanced systems, maintaining the long-term reliability of sensitive components is … Read the full press release

Škoda’s Superb and Kodiaq Models Ace Rigorous Testing Ahead of World Premieres

(IN BRIEF) Škoda’s upcoming generations of Superb and Kodiaq models have successfully completed an extensive international testing program. Over the course of two years, these vehicles underwent over a million kilometers of testing, exposing them to extreme temperatures ranging from … Read the full press release

BBVA Launches Game-Changing API Connectivity for Treasury Solutions

(IN BRIEF) BBVA has introduced new API connectivity for its treasury solutions, significantly reducing integration times for BBVA Pivot Connect by 80 percent. The initial set of APIs available on BBVA Pivot allows companies to manage supplier payments, track international … Read the full press release

Volkswagen Unveils Third-Generation Tiguan with Advanced Technology and Improved Efficiency

(IN BRIEF) Volkswagen has unveiled the all-new Tiguan, marking the third generation of this highly successful compact SUV. The new Tiguan is based on the Modular Transverse Matrix (MQB evo) platform, which enables the introduction of new hybrid drivetrains with … Read the full press release

Volkswagen Unveils New Tiguan Model in Employee Event

(IN BRIEF) Volkswagen presented its new Tiguan model to around 10,000 employees at a works meeting at the Wolfsburg plant, ahead of the official media unveiling. The Tiguan has been one of Volkswagen’s most successful models, with 7.6 million units … Read the full press release

Continental Eyes Growth in Radar Sensors and Autonomous Mobility Under Dr. Ismail Dagli’s Leadership

(IN BRIEF) Dr. Ismail Dagli will take over leadership of Continental’s Autonomous Mobility business area, starting on October 1. He succeeds Frank Petznick, who will leave the company at the end of September. Dr. Dagli previously led Continental’s Smart Mobility … Read the full press release

Dr. Jörg Homering Appointed Head of Production and Site at Mercedes-Benz Ludwigsfelde

(IN BRIEF) Dr. Jörg Homering, previously Head of Industrial Strategy at Mercedes-Benz Vans, will assume the role of Head of Production and Site at Mercedes-Benz Ludwigsfelde GmbH on November 1, 2023. He will succeed Dr. Markus Keicher, who is transitioning … Read the full press release

Environmental Threat Looms Over Central Asia’s Fertile Fergana Valley Due to Uranium Legacy

(IN BRIEF) The Fergana Valley, a crucial agricultural region in Central Asia, faces a looming environmental crisis resulting from decades-old uranium mining activities. The aftermath of Soviet-era uranium mining, marked by abandoned mines, open tunnels, and improperly managed waste dumps, … Read the full press release

Green Hydrogen Breakthrough: Salzgitter Group and ANDRITZ Lead the Charge in Sustainable Steel

(IN BRIEF) The Salzgitter Group, a prominent player in the steel industry, has partnered with technology leader ANDRITZ to create one of Europe’s largest green hydrogen facilities as part of the SALCOS® program. ANDRITZ will build a 100 MW electrolysis … Read the full press release

EBRD and EU Empower Georgian Women-Led Enterprises with $20 Million Loan to TBC Bank

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in collaboration with the European Union (EU) and Sweden, is providing a $20 million loan to TBC Bank in Georgia. This financing is aimed at bolstering lending opportunities for micro, … Read the full press release