(IN BRIEF) Hexagon AB’s Nomination Committee has put forth the recommendation to appoint Annika Falkengren and Ralph Haupter as independent members of Hexagon’s Board of Directors at the Annual General Meeting (AGM) scheduled for April 29, 2024. Annika Falkengren, with … Read the full press release
Posted in Business, Industrial, Management, News, Sweden, Technology
Tagged Annika Falkengren, appointment, Board Members, Hexagon AB, leadership, Lombard Odier, Ralph Haupter
(IN BRIEF) Boehringer Ingelheim and IBM have formed a partnership to expedite the discovery of novel candidate antibodies for therapeutic purposes. Boehringer will utilize IBM’s foundation model technologies, combining them with their proprietary data to enhance the antibody discovery process. … Read the full press release
(IN BRIEF) Rheinmetall, a major international tech enterprise, has been awarded a significant contract for electric coolant pumps by one of the world’s largest automakers. The contract, valued in the mid-two-digit million-euro range, strengthens Rheinmetall’s position in the emerging Euro … Read the full press release
(IN BRIEF) SEB’s Investment Outlook for the current economic situation suggests that a soft landing may be on the horizon, characterized by both a cyclical slowdown and ongoing efforts to combat inflation through tight monetary policies. While late-cyclical phases typically … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Sweden
Tagged Financial, Fredrik Öberg, investment, SEB
(IN BRIEF) Airbus Helicopters and Lithuanian operator ASU BALTIJA have agreed on a contract for two H125 helicopters at the European Rotors 2023 event. These helicopters represent Airbus’ first sale to a commercial operator in Lithuania and will serve passenger … Read the full press release
(IN BRIEF) Judicial and law enforcement agencies from seven countries have joined forces to take action against a criminal network responsible for a series of damaging ransomware attacks worldwide. These attacks have affected over 1,800 victims in 71 countries, primarily … Read the full press release
Posted in Business, Defence, Government, Industrial, Internet & Online, Law, Management, Netherlands, News, Security & Safety, Technology
Tagged Cybercrime, cybercriminals, EUROPOL, France, Germany, Global Authorities, Judicial, law enforcement agencies, Netherlands, Norway, partnership, Ransomware Network, Switzerland, UKRAINE, USA, Widespread Attacks Eurojust
(IN BRIEF) Schmalz, a leading provider of automation solutions, has introduced an online configurator for its FSTIm and FSTImc spring plungers. These spring plungers are widely used in sensitive industries like electronics and pharmaceuticals. The new tool allows designers and … Read the full press release
Posted in Germany, Industrial, Technology
Tagged automation systems, electronics, FSTIm, FSTImc, plant automation, Schmalz, spring plungers
(IN BRIEF) Webuild Group, a leading international infrastructure company, is focusing on workplace safety, process efficiency, and sustainability in response to the global energy transition. The company’s General Manager, Massimo Ferrari, highlighted their commitment during an address at the “Sustainability … Read the full press release
(IN BRIEF) Three leading companies in military training, BAE Systems, PLEXSYS, and Red 6, have announced a collaborative effort to revolutionize military training for future forces. They plan to integrate Red 6’s augmented reality headset technology and PLEXSYS’ immersive simulation … Read the full press release
Posted in Business, Defence, Government, Industrial, Management, News, Security & Safety, Technology, United Kingdom
Tagged augmented reality, BAE Systems, Kevin Fesler, military training, partnership, PLEXSYS, Red 6, Ron Wiegand, simulation technology, Sir Stuart Atha, sustainability, transformation
(IN BRIEF) NatWest has introduced a unique board game called ‘All Mod Cons’ with the aim of increasing awareness about modern scams and encouraging family discussions about financial security, especially during the festive season. The game, available for 4-6 players, … Read the full press release
(IN BRIEF) ING has announced that, as part of its €2.5 billion share buyback program introduced on November 2, 2023, the company repurchased a total of 23,143,452 shares during the week of November 20 to November 24, 2023. These shares … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged buyback program, Financial, ING, investment, shares
(IN BRIEF) GreenPowerMonitor (GPM), a subsidiary of DNV, has unveiled its innovative Hybrid Power Plant Controller (GPM Hybrid PPC) designed to revolutionize the management of hybrid power plants. Unlike conventional renewable energy plants that rely on a single power source, … Read the full press release
(IN BRIEF) Europe is experiencing a surge in extreme rainfall events, driven by climate change, leading to substantial financial consequences. Sweco’s “Expect the Unexpected: Floods and Critical Infrastructure” report highlights the urgent need for resilient urban infrastructure. It emphasizes asset-level … Read the full press release
Posted in Business, Environment, Industrial, Infrastructure & Utilities, Management, News, Sweden, Technology
Tagged Europe, Extreme Rainfall Events, infrastructure, Martijn Steenstra, sustainability, SWECO AB, threat
(IN BRIEF) The European Investment Bank (EIB) has approved a €450 million loan to Iveco Group, a global automotive leader, as part of a larger €500 million financing initiative. This funding aims to support the development of innovative technologies in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged EIB, electric mobility, Gilles Badot, INNOVATION, Italy, Iveco Group, Marco Liccardo, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Luminor Bank AS have inked a €115 million agreement to enhance lending to small and medium-sized enterprises (SMEs) and mid-cap companies in Estonia, Latvia, and Lithuania. The collaboration between the EIB and … Read the full press release
Posted in Banks, Business, Economy, Environment, Estonia, European Union, Financial, Government, Industrial, Investment, Latvia, Lithuania, Luxembourg, Management, News, Small Business
Tagged Baltic States, EIB, Estonia, financing, Latvia, Lithuania, Luminor Bank, Palle Nordahl, partnership, SME, sustainability, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) has provided a €34 million loan to the Ca’ Granda Fund, managed by Investire SGR, to support the construction of new social housing units in central Milan. Over 200 apartments in the Sarpi … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Real Estate
Tagged Cariplo Sergio Urbani, construction, Dario Valentino, EIB, Giancarlo Scotti, Gilles Badot, Marco Giachetti, Milan, partnership, Sarpi District, social housing, sustainability
(IN BRIEF) The European Investment Bank (EIB) President Werner Hoyer and Vice-President Teresa Czerwińska visited Kyiv to reaffirm the EIB’s commitment to Ukraine. During the visit, they inaugurated the EIB Regional Hub for Eastern Europe in Kyiv, strengthening support for … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Ukraine
Tagged Denys Shmyhal, EIB, Katarína Mathernová, Kyiv, recovery, Regional Hub, Teresa Czerwinska, UKRAINE, Volodymyr Zelenskyy, Werner Hoyer
(IN BRIEF) The European Investment Bank (EIB) has signed a SEK 1.3 billion (approximately €110 million) loan agreement with Billerud, a leading paper and packaging materials supplier based in Sweden. The loan will support the modernization and environmental upgrade of … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Sweden
Tagged Billerud, eco-friendly, EIB, Ivar Vatne, partnership, Pulp and Paper Mill Upgrades, sustainability, Sweden, Thomas Östros
(IN BRIEF) Local energy company Sorégies has secured financing through the InvestEU program, marking a significant step in its strategic plan to prioritize renewable energy development. Sorégies aims to self-generate at least 1,000 GWh of electricity by 2030, aligning with … Read the full press release
(IN BRIEF) University of Exeter researchers received accolades at the inaugural GW4 Open Research Prize, an event celebrating excellence in open research practices. Open research encompasses various practices that enhance research accessibility, transparency, reproducibility, and visibility. Exeter researchers claimed first … Read the full press release
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