Daily Archives: 10, October 2023

Digi Communications N.V. announces that Digi Spain Telecom S.L.U., its subsidiary in Spain, and abrdn plc have completed the first investment within the transaction having as subject matter the financing of the roll out of a Fibre-to-the-Home (“FTTH”) network in Andalusia, Spain

(IN BRIEF) Digi Communications N.V. and its subsidiary in Spain, Digi Spain Telecom S.L.U., have completed the first investment in financing a Fibre-to-the-Home (FTTH) network rollout in Andalusia, Spain. The initial investment covers 1.35 million homes passed, with the entire … Read the full press release

European Investment Fund Backs Avanseo with €38 Million Portfolio Guarantee to Support Microenterprises in France

(IN BRIEF) The European Investment Fund (EIF), supported by the InvestEU programme, has entered into a portfolio guarantee agreement with Avanseo to provide up to €38 million in new financing for microenterprises and individuals facing challenges in accessing credit markets. … Read the full press release

Hydrogen Revolution: Saudi Arabia Debuts Alstom’s Eco-Friendly Passenger Train in Riyadh

(IN BRIEF) In a groundbreaking initiative, Saudi Arabia Railways (SAR) and global mobility leader Alstom are set to operate and demonstrate the world’s first passenger hydrogen-powered train, the Coradia iLint, in Riyadh during October. This pioneering event marks the introduction … Read the full press release

Intesa Sanpaolo Pioneers AI for Regulatory Analysis in European Banking

(IN BRIEF) Intesa Sanpaolo is taking significant steps in adopting innovative artificial intelligence solutions as part of its digital transformation program outlined in the 2022-2025 Business Plan, led by CEO Carlo Messina. The Chief Institutional Affairs and External Communication Officer … Read the full press release

STARK Group Expands Its Civil Engineering Presence with New Branch in Thuringia

(IN BRIEF) STARK Group is expanding its presence in central Germany with the opening of a new branch in Löbichau, Thuringia. This expansion is led by the company’s civil engineering specialist, Muffenrohr, and marks its 47th branch in Germany out … Read the full press release

RWE Innovates Sustainability in Wind Power with Orkoien Onshore Wind Project

(IN BRIEF) RWE, a leading energy company, has taken a pioneering step in promoting sustainability in wind power with its Orkoien onshore wind project near Pamplona, Spain. Over 14 months, RWE constructed a 5.7-megawatt onshore wind turbine while testing two … Read the full press release

BMT Appoints Andrew Bell as Senior Business Development Manager for Maritime Surveys in UK and Europe

(IN BRIEF) BMT, a leading maritime services company, has appointed Andrew Bell as their new Senior Business Development Manager for Maritime Surveys in the UK and Europe. Bell, with over 35 years of maritime experience, will play a key role … Read the full press release

Crédit Agricole S.A. Group and UNI Global Union Strengthen Global Agreement on Employee Rights and Workplace Standards

(IN BRIEF) Crédit Agricole S.A. Group and UNI Global Union have signed a new four-year global agreement that reinforces the group’s commitments to human rights, labor rights, trade union rights, and the development of social dialogue and collective bargaining. This … Read the full press release

London Metal Exchange Enhances ESG Data Platform ‘LMEpassport’ with Global Collaboration

(IN BRIEF) The London Metal Exchange (LME) is collaborating with global producers and standards organizations to enhance its digital ESG data platform, LMEpassport, providing the metals community with access to verified sustainability data from global producers. LMEpassport now lists 466 … Read the full press release

Eni and Dompé farmaceutici Partner for Joint Research on Global Health Issues

(IN BRIEF) Eni CEO Claudio Descalzi and Dompé farmaceutici Executive Chairman Sergio Dompé have signed a Letter of Intent to initiate joint research and development efforts focused on public health and community well-being in regions where Eni operates, along with … Read the full press release

SweGaN Partners with AFRY to Establish Semiconductor Production Facility in Sweden

(IN BRIEF) SweGaN, a semiconductor manufacturer based in Sweden, has chosen AFRY to provide comprehensive support and expertise in various disciplines for the establishment of its new headquarters and semiconductor production facility in Linköping, Sweden. AFRY is assisting SweGaN in … Read the full press release

NIB Supports Lidl Lietuva’s Expansion with €50 Million Loan for New Logistics Centre in Lithuania

(IN BRIEF) The Nordic Investment Bank (NIB) and retail store operator UAB Lidl Lietuva have signed a seven-year EUR 50 million loan agreement for Lidl’s new logistics centre in Vilnius, Lithuania. This facility will enable Lidl to expand its store … Read the full press release

Airbus Launches THEOS-2 Earth Observation Satellite, Enhancing Thailand’s Geo-Information Capabilities

(IN BRIEF) Airbus has successfully launched THEOS-2, an Earth observation satellite, for the Geo-Informatics and Space Technology Development Agency of Thailand (GISTDA) from Europe’s spaceport in French Guiana. This satellite follows the launch of THEOS-1 in 2008 and will provide … Read the full press release

SAP Enhances Spend Management Solutions with AI and User Experience Innovations

(IN BRIEF) SAP has unveiled a series of enhancements to its spend management and business network solutions, incorporating generative AI into category management, introducing the SAP Spend Control Tower with advanced AI features, embedding AI-powered supplier risk assessment, and partnering … Read the full press release

EBRD and Santander Leasing Sign First Synthetic Securitization Deal in Poland, Promoting SME Lending and Green Projects

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has entered into a synthetic securitization agreement and new lending commitment with Santander Leasing, a subsidiary of Santander Bank Polska Group, marking the EBRD’s first capital relief transaction in Poland. … Read the full press release

EIB Grants €150 Million Loan to Cepsa for Over 1,800 Ultra-Fast EV Charging Stations in Spain and Portugal

(IN BRIEF) The European Investment Bank (EIB) has provided a €150 million loan to Cepsa to facilitate the installation of over 1,800 ultra-fast electric vehicle (EV) charging stations at Cepsa service stations in Spain and Portugal. This initiative aligns with … Read the full press release

GSK Forms Exclusive Partnership with Zhifei to Promote Shingrix Vaccine in China

(IN BRIEF) GSK plc has announced an exclusive agreement with Chongqing Zhifei Biological Products, Ltd. (Zhifei) to co-promote GSK’s shingles vaccine, Shingrix, in China for an initial three-year period, with the potential for extension. Zhifei, China’s largest vaccine company by … Read the full press release

Hexagon’s LocLab Launches Cloud Platform for 3D Digital Twins Powered by HxDR

(IN BRIEF) LocLab, a part of Hexagon, has unveiled LocLab Cloud, a cloud-based platform powered by HxDR, designed to provide a secure end-to-end solution for 3D digital twins. This platform enables the management and monitoring of digital twin models and … Read the full press release

Ericsson Launches Gen-E Graduate Program in Middle East and Africa to Nurture ICT Talent

(IN BRIEF) Ericsson has introduced the Gen-E Graduate Program in the Middle East and Africa region, aimed at offering young talents an opportunity for world-class learning and career development. This program is designed to provide structured development in collaboration with … Read the full press release

EQT Strengthens Healthcare Team with Key Partner Appointments in London

(IN BRIEF) EQT, a prominent investment firm, welcomes Maarten de Jong and Mark Braganza as new Partners to its Healthcare team, based in London. EQT, with a 30-year history of investing in healthcare companies, supports companies across various growth stages … Read the full press release

Rheinmetall Showcases PATH Autonomous Kit for Vehicle Autonomy at AUSA Expo

(IN BRIEF) Rheinmetall is highlighting its PATH Autonomous Kit (A-Kit) at the AUSA Annual Meeting & Exposition, demonstrating its capability to transform various vehicle platforms into autonomous vehicles. The system is being showcased on an M5 Ripsaw RCV equipped with … Read the full press release