(IN BRIEF) Unilever has announced the sale of Dollar Shave Club to Nexus Capital Management LP, a US-based private equity firm. Dollar Shave Club, known for its razors and male grooming products, will continue to serve consumers in North America … Read the full press release
(IN BRIEF) The Technical University of Munich (TUM) and chemical company Clariant have renewed their strategic partnership, extending the Munich Catalysis Alliance (MuniCat) until 2033. The collaboration aims to develop more efficient and sustainable catalysts for the chemical industry. Catalysts … Read the full press release
Posted in Business, Chemicals, Education, Environment, Financial, Germany, Industrial, Investment, Management, News, Science, Technology
Tagged catalysts, Chemical Industry, Clariant, Marvin Estenfelder, MuniCat, partnership, Prof. Kai-Olaf Martin Hinrichsen, Prof. Thomas F. Hofmann, sustainability, Technical University of Munich (TUM)
(IN BRIEF) The Nordic Investment Bank (NIB) has signed a 20-year credit facility with Lithuania to co-finance the energy efficiency program for public buildings from 2023 to 2026. This financing will be used to renovate 25 public buildings, leading to … Read the full press release
(IN BRIEF) ViiV Healthcare has received approval from China’s National Medical Products Administration (NMPA) for Vocabria (cabotegravir) in combination with Rekambys (rilpivirine), marking the first complete long-acting HIV-1 injectable treatment in China. This approval allows people living with HIV in … Read the full press release
Posted in Business, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged cabotegravir, CHINA, Chinese Approval, Deborah Waterhouse, GSK, HIV, injection, partnership, Pfizer, Rekambys, rilpivirine, Shionogi, sustainability, treatment, ViiV Healthcare, Vocabria
(IN BRIEF) Infineon Technologies has expanded its AIROC™ portfolio with the AIROC CYW5551x Wi-Fi 6/6E and Bluetooth 5.4 solution. This versatile family of chips offers secured and reliable 1×1 Wi-Fi 6/6E connectivity that surpasses standard performance levels and advanced ultra-low … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Security & Safety, Technology
Tagged AIROC CYW5551x Wi-Fi 6/6E, AIROC™, Bluetooth 5.4 solution, connectivity, Infineon, IoT applications, partnership, Sivaram Trikutam, sustainability, Wi-Fi 6/6E
(IN BRIEF) Voith, a global leader in the development of efficient fan units for cooling systems, continues to collaborate with Fendt on innovative cooling solutions for tractors. The fan unit, part of Fendt’s Concentric Air System (CAS), is designed to … Read the full press release
Posted in Business, Electronics & Machinery, Germany, Industrial, Management, News, Technology
Tagged cooling systems, Fan Technology, Fendt Tractors, Voith
(IN BRIEF) Schneider Electric, a leader in energy management and automation, has released its quarterly sustainability impact performance report along with its third-quarter financial results. The report highlights the progress of the Schneider Sustainability Impact (SSI) 2021-2025 program, which aims … Read the full press release
Posted in Business, Environment, Financial, France, Industrial, Investment, Management, News, Technology
Tagged Financial, investment, Schneider Electric, sustainability
(IN BRIEF) Pfizer and BioNTech have announced positive topline results from a Phase 1/2 study of their mRNA-based combination vaccine program for influenza and COVID-19. The lead formulations showed robust immune responses to influenza A, influenza B, and SARS-CoV-2 strains. … Read the full press release
Posted in Business, Environment, Financial, Germany, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Annaliesa Anderson, BioNTech, Combination Vaccine, Comirnaty, COVID-19, influenza, influenza A, influenza B, mRNA, partnership, Pfizer, Prof. Ugur Sahin, respiratory diseases, SARS-CoV-2 strains, sustainability, wellness
(IN BRIEF) The RE-Source 2023 event in Amsterdam has marked a record year for corporate power purchase agreements (PPAs) in the EU, with 7.8 GW of renewable capacity secured year to date. Companies in the ICT, heavy industry, and telecom … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, European Union, Government, Industrial, Management, Media, Netherlands, News
Tagged Annie Scanlan, EU, partnership, Renewable PPAs, sustainability, WindEurope
(IN BRIEF) thyssenkrupp Uhde has secured a contract from ENOWA to provide engineering services and equipment for a CO2-to-methanol and methanol-to-gasoline demonstration plant in Saudi Arabia. The plant, a joint project by ENOWA and Aramco, will use the uhde® green … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Dr. Cord Landsmann, Dr. Guido Daniel, ENOWA, Gasoline Plant, green methanol, methanol, NEOM’s energy, partnership, Roland Kaeppner, Saudi Arabia, sustainability, Sustainable Fuel Production, ThyssenKrupp Uhde, Uhde
(IN BRIEF) Volkswagen has opened pre-sales for the new T-Cross SUV, featuring a range of enhancements including a refreshed exterior design, LED headlights and tail lights, and a higher-quality interior. The T-Cross will be available with three turbocharged petrol engine … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, Marketing, News, Technology, Transportation & Logistics
Tagged Pre-Sale, T-Cross SUV, upgrade, Volkswagen
(IN BRIEF) Michelin’s Bourges site, a key player in the aircraft tire market, has announced a 5-year action plan to enhance its performance. The plan focuses on innovation, efficiency, and addressing organizational challenges posed by recent growth. It involves collaboration … Read the full press release
(IN BRIEF) Bosch is showcasing its innovations for the motorcycle industry at EICMA 2023. The company is highlighting its display solutions, including the TFT Cluster 5″ and Integrated Connectivity Cluster (ICC), for keeping riders informed while minimizing distractions. Bosch is … Read the full press release
Posted in Business, Industrial, Italy, Management, Media, News, Technology, Transportation & Logistics
Tagged Bosch, display, EICMA 2023, Geoff Liersch, Motorcycle Innovations, Powertrain Solutions, safety
(IN BRIEF) Bosch Engineering is introducing its Electric Drive System Platform (EDSP) for electric boat drives at METSTRADE. This platform provides boat manufacturers with a comprehensive solution, including electric motors, inverters, high-voltage batteries, chargers, and cable harnesses, allowing for simplified … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Technology, Transportation & Logistics
Tagged boats, Bosch, electric drive, engineering, Philip Kurek
(IN BRIEF) Rheinmetall, a tech enterprise, has secured an order for plain bearings to be used in a planetary gear set for an electric vehicle produced by an international automaker with a focus on e-mobility. The order represents significant annual … Read the full press release
(IN BRIEF) During the Global Gateway Forum, the EU committed €500 million to global health in collaboration with the European Investment Bank (EIB) and the Bill & Melinda Gates Foundation. This funding will strengthen healthcare capacities, improve pharmaceutical supply chains, … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Healthcare, Industrial, Investment, Luxembourg, Management, News
Tagged Africa, EIB, EU, global health, Jutta Urpilainen, Local Manufacturing, partnership, President Ursula von der Leyen, sustainability, Thomas Östros
(IN BRIEF) The EU, represented by Commissioner Olivér Várhelyi and EIB President Werner Hoyer, has announced a €16 million grant through EIB Global to enhance road safety in Georgia along the East-West highway. The project aims to improve physical safety … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Security & Safety
Tagged East-West Highway, EIB, EIB Global, EU, GEORGIA, Irakli Garibashvili, Olivér Várhelyi, partnership, road safety, sustainability, Werner Hoyer
(IN BRIEF) At the Global Gateway Forum, the EU Commissioner for Neighbourhood and Enlargement, Olivér Várhelyi, and the European Investment Bank (EIB) President, Werner Hoyehr, announced a financial package to enhance education infrastructure in Armenia. The package includes a €10 … Read the full press release
Posted in Banks, Business, Education, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Armenia, Education Infrastructure, EIB, EIB Global, EU, Olivér Várhelyi, partnership, sustainability, Syunik Region, Vahagn Khachaturyan, Werner Hoyehr
(IN BRIEF) A report by AXA Health and the Centre of Economic and Business Research reveals that neglecting women’s health in the workplace costs the UK economy £20.2 billion annually. Despite 68% of women experiencing health issues in their careers, … Read the full press release
Posted in Business, Economy, Financial, Healthcare, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged AXA Health, Cebr, economy, health, UK, WOMEN, workplace
(IN BRIEF) BrauBeviale, taking place in Nuremberg from November 28 to 30, 2023, aims to provide the brewing and beverage industry with opportunities for optimization in various aspects of their operations. This includes resource conservation, product presentation, and equipment enhancements. … Read the full press release
Posted in Business, Environment, Food & Beverage, Germany, Industrial, Management, Media, News, Technology
Tagged Beverage Industry, BrauBeviale 2023, brewing, optimization, sustainability
(IN BRIEF) NatWest Social and Community Capital (S&CC), an independent charity funded and supported by NatWest Group, approved over £1 million in loans to social enterprises and community businesses in 2022, marking a 128% increase from the previous year. S&CC … Read the full press release
(IN BRIEF) FTSE Russell, an LSEG business, and Tradeweb have formed a strategic partnership aimed at advancing fixed income index pricing and index trading products. The collaboration will expand benchmark pricing, widen index inclusion, and enhance trading functionality for fixed … Read the full press release
Posted in Business, Economy, Financial, Industrial, International Trade, Investment, Management, News, United Kingdom
Tagged Financial, FTSE Russell, Lisa Schirf, LSEG, partnership, Pricing, Scott Harman, Tradeweb, trading
(IN BRIEF) DHL has become the Official Logistics Partner of the International Luge Federation (FIL), entering a multi-year agreement that involves providing logistical support for athletes’ equipment, marketing, and hospitality materials. The partnership commences in the winter season of 2023/2024, … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, Media, News, Sports, Transportation & Logistics
Tagged DHL, Einars Fogelis, International Luge Federation, logistics, partnership, Patrick Dexheimer, sports
(IN BRIEF) Vodafone has successfully tested the use of the upper 6GHz frequency band for mobile services, aiming to ensure faster and more reliable 5G services in the coming years and prevent a capacity crunch due to rising bandwidth demands. … Read the full press release
Posted in Business, Industrial, Management, News, Technology, Telecom, United Kingdom
Tagged 5G, 6GHz Spectrum, Alberto Ripepi, connectivity, vodafone
(IN BRIEF) Škoda Auto has unveiled exterior sketches of the fourth-generation Superb, its upcoming ICE flagship model. The new Superb embraces elements of the new Modern Solid design language, featuring sharp lines, dynamic proportions, and upgraded LED Matrix beam headlights … Read the full press release
Posted in Automotive, Business, Czech Republic, Industrial, Management, News, Technology
Tagged automotive, Oliver Stefani, ŠKODA, SUPERB
(IN BRIEF) The European Investment Fund (EIF) has partnered with five leading Romanian banks to provide €1 billion in guarantees to support small and medium-sized enterprises (SMEs) in Romania. These guarantees, backed by the InvestEU Member State Compartment and the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Banca Comerciala Romana, Banca Transilvania, CEC Bank, EIF, partnership, ProCredit Bank, Raiffeisen Bank, Roger Havenith, Romania, SMEs, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing Morocco with an initial earthquake response package of up to €250 million from 2023 to 2025 to aid recovery efforts in regions of the Atlas Mountains affected by … Read the full press release
Posted in Banks, Business, Construction, Economy, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged earthquake, EBRD, economy, Heike Harmgart, MOROCCO, Recovery Package
(IN BRIEF) The European Investment Fund (EIF) and Millennium bcp (BCP) have signed a €405 million InvestEU-backed guarantee agreement to support investment in Portugal. The financing will focus on key EU priorities, including sustainability, innovation, digitalization, social entrepreneurship, and more. … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIF, European Commission, financing, InvestEU, Marjut Falkstedt, Miguel Maya, Millennium bcp, Paolo Gentiloni, partnership, Portugul, SMEs, sustainability
(IN BRIEF) Accenture and TD Bank have partnered to establish a cross-industry coalition comprising Chief Marketing Officers (CMOs) and Chief Communications Officers (CCOs) powered by Disability:IN. This coalition aims to accelerate disability inclusion in the marketing and communications professions by … Read the full press release
Posted in Banks, Business, Industrial, Ireland, Management, Marketing, News, Society, Technology
Tagged Accenture, accessibility content, Adobe, CCOs, CMOs, Communications, community building, disability inclusion, Disability:IN, Education, Employment, Experian, Inclusion and diversity, Jill Houghton, Jill Kramer, John Pluhowski, marketing, partnership, PWDs, representation, SAP, society, TD Bank, thought leadership
(IN BRIEF) The foundation stone was ceremonially laid for the expansion of production capacities at Brembo SGL Carbon Ceramic Brakes (BSCCB) at the SGL Carbon site in Meitingen. The expansion involves the construction of two new production halls with a … Read the full press release
(IN BRIEF) Logicor, a major European logistics real estate company, has renewed and expanded its partnership with Leroy Merlin, a well-known French hypermarket chain. As part of this agreement, Leroy Merlin will occupy approximately 50,000 square meters of warehouse space … Read the full press release
(IN BRIEF) ESET researchers have uncovered Winter Vivern’s exploitation of a zero-day XSS (Cross-Site Scripting) vulnerability in the Roundcube Webmail server. The cyberespionage group targeted Roundcube Webmail servers of governmental entities and a think tank in Europe, compromising email systems. … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has unveiled a new country strategy for the Slovak Republic, outlining its focus on advancing the green transition and strengthening economic resilience in the country. The strategy includes efforts to … Read the full press release
Posted in Banks, Economy, Environment, Financial, Slovakia
Tagged country strategy, EBRD, economic resilience, Green Bonds, Green Economy Transition, green transition, Slovak Republic
(IN BRIEF) Mongolia is a significant player in the global cashmere industry, producing nearly 40% of the world’s raw cashmere. However, challenges such as limited processing capacity and environmental issues threaten the industry’s sustainability. To address these challenges, the European … Read the full press release
Posted in Banks, Economy, Environment, Financial, Industrial
Tagged cashmere, cashmere industry, EBRD, Gobi Desert, Mongolia
(IN BRIEF) MAN Truck & Bus has reported strong performance in the first nine months of 2023, with unit sales increasing by 51% to 84,244 new vehicles. The company’s sales revenue reached €10.6 billion, up 36% year-on-year, attributed to higher … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Transportation & Logistics
Tagged Financial, Inka Koljonen, investment, MAN Truck & Bus
(IN BRIEF) Eni, a global energy company, has signed a significant LNG sales agreement with Merakes LNG Sellers for 0.8 billion cubic meters (bcm) annually, starting from January 2024 for three years. This complements their existing 1.4 bcm per year … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy
Tagged Eni, Jangkrik LNG Sellers, LNG, Marine XII JV, Merakes LNG Sellers, QatarEnergy LNG NFE
(IN BRIEF) ARBURG demonstrated its capabilities in plastics processing and innovative solutions at Fakuma 2023 in Friedrichshafen. The exhibition featured 20 exhibits showcasing sustainability, digitalization, and automation in plastics processing. The world premiere of the ALLROUNDER 520 H with the … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Arburg, automation, digitalization, exhibition, Fakuma 2023, innovations, plastics processing, sustainability
(IN BRIEF) Enlighted, a property technology company owned by Siemens, has introduced AI enhancements to its Location Services solution, boosting tracking accuracy to over 98%. This technology tracks asset and badge locations within buildings through existing intelligent lighting systems. The … Read the full press release
Posted in Artificial Intelligence (AI), Business, Industrial, Infrastructure & Utilities, Management, Switzerland, Technology
Tagged AI, AI solutions Location Services, artificial-intelligence, digital transformation, Enlighted, Enlighted AI, Enlighted Touchless Workplace solution, intelligent lighting infrastructures, Location Services solution, mobile app, property technology, Real Time Location System, RTLS, Siemens, Siemens Xcelerator Marketplace, smart building Stefan Schwab, Tagnos, Touchless Workplace, Zan Compute
(IN BRIEF) The Board of Directors of SSAB AB (publ) has decided to initiate a share buyback program with a maximum amount of SEK 2.5 billion (~EUR 212.5 Million). The program aims to optimize the company’s capital structure to enhance … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, Metals and Minerals, News, Sweden
Tagged acquisitions, Financial, investment, Martin Lindqvist, Share Buyback Program, SSAB
(IN BRIEF) Barclays has appointed Denise Wong as the Head of Sustainable and Impact Banking for the Asia Pacific region. Based in Hong Kong, Wong will advise corporate and institutional clients on sustainability initiatives as they transition to a low-carbon … 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)
