Daily Archives: 13, November 2023

Indian Aerospace Advances: PTC Industries Joins Forces with Safran Aircraft Engines

(IN BRIEF) Indian company PTC Industries has partnered with French aerospace giant Safran Aircraft Engines to produce titanium casting parts for the LEAP engines, underpinning India’s “Make in India” initiative. PTC Industries will leverage its expertise in advanced casting processes … Read the full press release

Logicor Initiates Construction of State-of-the-Art Logistics Park in Czech Republic

(IN BRIEF) Logicor, a leading European logistics real estate company, has commenced the construction of its inaugural regional logistics park in the Czech Republic. This site, strategically located near major road connections between Prague and Liberec, is undergoing a two-phase … Read the full press release

AFRY Showcases Climate Leadership and Sustainable Solutions at COP28

(IN BRIEF) AFRY, a global sustainability and engineering company, is participating in COP28, the United Nations Climate Change Conference, as part of the Business Sweden delegation. AFRY aims to highlight its sustainable solutions and leadership in addressing the climate crisis. … Read the full press release

Passenger-Centricity, Autonomous Technologies and Data Privacy and Security : World Technology Congress at the House of Lords, UK Parliament

At the House of Lords, the Palace of Westminster, World Technology Congress (WTC) featured “the new mobility landscape” as a theme for the Fall Session which addressed major challenges and opportunities of the mobility industry. (IN BRIEF) The World Transportation … Read the full press release

EnBW Reports Strong Earnings Growth and Increased Investment in Energy Transition

(IN BRIEF) EnBW Energie Baden-Württemberg AG has announced its financial results for the first nine months of the 2023 financial year. The company reported revenue of approximately €34.7 billion and Group operating earnings (adjusted EBITDA) of €4.9 billion during this … Read the full press release

UniCredit Acquires 8.9781% Stake in Alpha Services and Holdings S.A. from HFSF

(IN BRIEF) UniCredit S.p.A. has confirmed the purchase of an 8.9781% minority stake in Alpha Services and Holdings S.A. in Greece from HFSF at a price of 1.39 Euros per share. This acquisition represents a premium of 9.4% over the … Read the full press release

Skanska Secures $98 Million Contract for Mercy Health Lourdes Hospital Tower Renovation

(IN BRIEF) Skanska has entered into a $98 million contract with Bon Secours Mercy Health for the renovation of the Mercy Health Lourdes Hospital Tower in Paducah, Kentucky, USA. The project entails the modernization and refurbishment of the Hospital Tower, … Read the full press release

Skanska Wins $100 Million Contract to Build STEM Building for Texas State University

(IN BRIEF) Skanska has secured a contract valued at $100 million from the Texas State University System to construct a new STEM (Science, Technology, Engineering, and Math) building on the San Marcos campus in Texas, USA. The eight-story, 14,500 square-meter … Read the full press release

Ericsson Appoints Rita Mokbel as Head of Vietnam Operations and Global Customer Unit Telenor

(IN BRIEF) Ericsson, a leading telecommunications technology company, has announced the appointment of Rita Mokbel as Head of Ericsson Vietnam. In her new role, Rita will be responsible for overseeing Ericsson’s business and operations in Vietnam while continuing her role … Read the full press release

Bosnian Furniture Maker Zanat Embarks on Digital Transformation Journey with EBRD Support

(IN BRIEF) Zanat, a renowned Bosnian furniture company known for its hand-carving techniques and UNESCO recognition, faced challenges with growing international demand, including delivery delays and product quality issues. To address these challenges and optimize their operations, the company sought … Read the full press release

IQ Biozoom Innovates Non-Invasive Self-Testing, Empowering People to Self-Monitor with Laboratory Precision at Home

(IN BRIEF) IQ Biozoom, a medical technology startup, is developing non-invasive home diagnostics that allow people to measure the concentration of biochemical substances in liquid analytes like saliva, sweat, urine, or tears. Their technology integrates inkjet printing with advanced semiconductors, … Read the full press release

Vodafone Partners with Accenture to Optimize Shared Operations, Boost Efficiency, and Drive Growth

(IN BRIEF) Vodafone Group Plc has unveiled plans for a strategic partnership with Accenture aimed at leveraging shared operations to enhance growth, customer service, and operational efficiency across Vodafone’s operating companies and partner markets. The collaboration will build upon Vodafone’s … Read the full press release

Rolls-Royce Achieves Milestone: All In-Production Aero Engines Proven Compatible with 100% Sustainable Aviation Fuel (SAF)

(IN BRIEF) Rolls-Royce has reached a significant milestone by successfully completing compatibility testing of 100% Sustainable Aviation Fuel (SAF) on all its in-production civil aero engine types, fulfilling a commitment made in 2021. The ground and flight tests, involving various … Read the full press release

Rolls-Royce Successfully Tests UltraFan Demonstrator at Maximum Power Using Sustainable Aviation Fuel

(IN BRIEF) Rolls-Royce has achieved a significant milestone by successfully running its UltraFan technology demonstrator at maximum power in its Derby facility, UK. What makes this achievement even more noteworthy is that the initial test stage was conducted using 100% … Read the full press release

TotalEnergies to Acquire 1.5 GW of Gas-Fired Power Plants in Texas to Enhance Energy Portfolio

(IN BRIEF) TotalEnergies is expanding its presence in the Texas power market by signing an agreement to acquire three gas-fired power plants from TexGen for $635 million. These plants, with a combined capacity of 1.5 GW, are strategically located close … Read the full press release

WACKER Unveils Advanced Silicone Products for Medical Applications at COMPAMED Trade Show

(IN BRIEF) WACKER, a leading provider of silicone solutions, is showcasing a range of innovative silicone products designed for medical applications at the COMPAMED medical technology trade show. One of the highlights is SILPURAN® 2124, a highly adhesive silicone gel … Read the full press release

Saab-Backed Satellite Ymir-1 Launches to Revolutionize Maritime Communication

(IN BRIEF) On November 11th, the Ymir-1 satellite, equipped with technology from Saab, was successfully launched aboard SpaceX Falcon 9, ushering in a transformative era in maritime communication. Ymir-1 serves as a test satellite and a crucial component in the … Read the full press release

Vodafone Partners with Accenture to Revolutionize Shared Operations and Fuel Growth

(IN BRIEF) Vodafone Group Plc has unveiled plans to establish a strategic partnership with Accenture to harness Vodafone’s shared operations for accelerated growth, improved customer service, and enhanced efficiency across its operating companies and partner markets. The collaboration will leverage … Read the full press release

Bjarke Ingels Group (BIG) Partners with AFRY to Design Prague’s New Vltava Philharmonic Hall

(IN BRIEF) The renowned Danish architectural firm, Bjarke Ingels Group (BIG), has selected AFRY as the general designer and local architect for the upcoming Prague concert building, known as the Vltava Philharmonic Hall. BIG’s design, which triumphed in an international … Read the full press release

Outokumpu Joins Forces with Envigas to Spearhead Emission Reduction in Stainless Steel Production

(IN BRIEF) In a significant move towards sustainable stainless steel production, Outokumpu has partnered with Envigas AB, a leading biocarbon producer, by acquiring a 20% ownership share. Outokumpu’s commitment to reducing carbon dioxide emissions by 42% by 2030 aligns with … Read the full press release

BevZero Introduces Energy Saving Tank Insulation System to Europe under name “BevClad”

(IN BRIEF) BevZero, a prominent player in beverage industry innovation, has launched its advanced energy-saving Tank Insulation system, “BevClad,” in Europe. This marks a significant milestone in Europe’s tank insulation sector, known for its commitment to energy efficiency and sustainability. … Read the full press release