(IN BRIEF) bp is acquiring the remaining 50.03% stake in Lightsource bp, a leading utility-scale solar and battery storage developer and operator. This strategic move aims to enhance Lightsource bp’s growth and leverage bp’s complementary capabilities in finance and trading. … Read the full press release
(IN BRIEF) CASA SEAT has transformed into a festive Christmas village for its Magic Days event, offering a holiday experience for families. The display includes intricate decorations made from sweets and pastries by pastry chef Christian Escribà, a virtual reality … Read the full press release
(IN BRIEF) SEAT S.A. is set to significantly expand its solar energy capacity with the installation of 39,000 new solar panels across its three production facilities in Martorell, El Prat, and Barcelona. This expansion, known as SEAT al Sol 2, … Read the full press release
(IN BRIEF) Hillebrand Gori, a subsidiary of DHL, has formed a strategic partnership with the International Wine Challenge (IWC) to become its logistics partner. Starting in 2024, Hillebrand Gori will handle the transportation of all consolidated wine samples for the … Read the full press release
(IN BRIEF) Vodafone Romania has introduced a new type of concept store called EasyTech, designed to enhance the customer experience and offer a wide range of technology products. The first EasyTech store opened in Bucharest, featuring product displays, sales offices, … Read the full press release
Posted in Business, Electronics & Machinery, Marketing, Retail, Romania, Technology, Telecom, United Kingdom
Tagged Bucharest, concept stores, EasyTech, Gheorghe Magheru Boulevard, Magheru One building, retail, Romania, technology, vodafone
(IN BRIEF) A groundbreaking miniaturized spectroscopy module has been created through a partnership between trinamiX, LUMILEDS, and VIAVI Solutions. Designed to run on Qualcomm Technologies’ Snapdragon® 8 Gen 3 reference design, the module brings near-infrared (NIR) spectroscopy to smartphones. This … Read the full press release
Posted in Business, Electronics & Machinery, Germany, Healthcare, Technology, Telecom
Tagged 2023 Qualcomm Snapdragon Summit, Adam Scheer, biomarkers, detector, filter manufacturers, health indicators, LED light sources, light shaping optics, light source, LUMILEDS, Near-infrared spectroscopy, NIR spectroscopy modules, Noman Rangwala, optical filters, Qualcomm Technologies, smartphones, Snapdragon Summit 2023, Snapdragon® 8 Gen 3, spectrometers, trinamiX, VIAVI Solutions, Wilfried Hermes
(IN BRIEF) BASF SE, in collaboration with cyclos-HTP GmbH, has conducted studies certifying the recyclability of various polyethylene/polyamide (PE/PA) multilayer films. These investigations included multilayer films containing polyamide 6 (PA6) and ethyl vinyl alcohol (EVOH) copolymer. The studies confirm that … Read the full press release
(IN BRIEF) T-Systems is partnering with Google Cloud to offer Google Distributed Cloud Hosted (GDC Hosted) in Germany, catering to customers with strict data sovereignty needs. GDC Hosted is a disconnected cloud solution, operating on physically isolated servers to ensure … Read the full press release
(IN BRIEF) European Locomotive Leasing Group (ELL) has signed a significant framework agreement with Siemens Mobility for the acquisition of up to 200 Vectron locomotives. These locomotives will be used in both passenger and freight services across Europe. ELL initially … Read the full press release
(IN BRIEF) KORE Insulation has launched its low carbon EPS insulation, which has been selected for use in the Cloughan View housing development in Ballyclare, Northern Ireland, comprising 127 units and developed by the Braidwater Group. The high energy efficiency … Read the full press release
Posted in Business, Chemicals, Construction, Economy, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Real Estate
Tagged BASF, Braidwater Group, Brian Flax, Housing Development, KORE Insulation, Low Carbon EPS Insulation, Neopor, Northern Ireland, partnership, Phil Marsh, Rory Devlin, sustainability
(IN BRIEF) Volkswagen reaffirms its commitment to Holocaust remembrance by inviting its employees and trainees to visit the “Flashes of Memory: Photography during the Holocaust” exhibition at the Museum für Fotografie in Berlin. This initiative aligns with Volkswagen’s corporate culture … Read the full press release
Posted in Art & Culture, Education, Germany, Society
Tagged 2023 Sara Frenkel Award, Benita von Maltzahn, Berlin, Carl Hahn School, discrimination, exhibition ‚Flashes of Memory, fight against antisemitism, Holocaust, Museum für Fotografie, photography, racism, Sara Frenkel, Sara Frenkel Award, Shoah, Volkswagen, World Holocaust Remembrance Center Yad Vashem, Yad Vashem
(IN BRIEF) DHL is commencing the construction of a state-of-the-art, carbon-neutral European Innovation Center in Troisdorf, Germany, representing the company’s first venture into timber construction and a strong commitment to sustainability. Set to be completed in April 2025, the new … Read the full press release
Posted in Business, Construction, Economy, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Alexander Biber, carbon-neutral, DHL, Europe, Germany, Innovation Center, Katja Busch, partnership, sustainability, Sustainable Timber Construction, Troisdorf
(IN BRIEF) In a significant announcement at the United Nations Climate Change Conference (COP28) in Dubai, the European Investment Bank (EIB) revealed its pioneering approach to a just transition and just resilience on a global scale. The EIB Group introduced … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Luxembourg
Tagged Ambroise Fayolle, Climate Action, climate change, COP28, Dubai, EIB, EIB Global, EIB Group Climate Bank Roadmap, energy security, environmental sustainability, European Investment Fund, Gelsomina Vigliotti, green energy transition, green finance, net-zero economy, The EIB Group, The European Investment Bank, Thomas Östros, United Arab Emirates, United Nations Climate Change Conference, Werner Hoyer
(IN BRIEF) Equinor has reached an agreement to divest its Nigerian business, including its 53.85% ownership in oil and gas lease OML 128, which encompasses a 20.21% stake in the Agbami oil field operated by Chevron, to Nigerian-owned Chappal Energies. … Read the full press release
(IN BRIEF) INEOS Aromatics has announced its decision to temporarily mothball the smaller of its two PTA (Purified Terephthalic Acid) units at its integrated production facility in Geel, Belgium. This move comes as a response to challenging market conditions that … Read the full press release
(IN BRIEF) Vereinigte Verlagsauslieferung (VVA), a part of Arvato, is poised for a historic year of organic growth in 2024, marking its most significant expansion since its establishment over 60 years ago. VVA has successfully recruited prestigious publishers, including Beltz, … Read the full press release
Posted in Business, Germany, Industrial, Management, Media, News, Technology
Tagged Andreas Falkinger, Arvato, Beltz, Bertelsmann, Campus Verlag, Diogenes Verlag, Junfermann Verlag, Klett-Cotta Verlag, Marianne Rübelmann, partnership, Philipp Keel, publishers, Record Organic Growth, Stephan Schierke, VVA
(IN BRIEF) ZF Aftermarket is bolstering its electric drivetrain offerings by introducing repair kits for electric axle drives. While electric motors are known for their durability and limited moving parts, they can still require repairs due to factors like dirt, … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News, Technology
Tagged Electric Axle Drives, Independent Workshops, Repair Kits, ZF
(IN BRIEF) Krka, a Slovenian pharmaceutical company, has been honored with the TOP Education Management certificate at the Edutainment 2023 convention. This recognition is presented to Slovenian companies that demonstrate a strong commitment to employee education and development. Krka’s Head … Read the full press release
Posted in Awards, Business, Education, Industrial, Management, News, Pharma & Biotech, Slovenia
Tagged Awards, Employee Development, investment, Krka, Simona Torkar Flajnik, TOP Education Management Certificate
(IN BRIEF) Swisscom has once again secured the top spot in the connect mobile network test, earning an impressive 981 out of 1000 points, the highest score ever awarded by the consumer magazine and the umlaut measuring institute in international … Read the full press release
Posted in Awards, Business, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology, Telecom
Tagged 14th Connect Mobile Network Test, Award, Gerd Niehage, INNOVATION, Swisscom
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has pledged €65.9 million in sovereign loans and grant funding to improve the electricity and water supply systems in the Kyrgyz Republic, addressing critical infrastructure and climate resilience needs. The … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Akylbek Japarov, climate resilience, EBRD, infrastructure, Kyrgyz Republic, Odile Renaud-Basso, partnership, sustainability
(IN BRIEF) ARCH Cold Chain Solutions Fund has unveiled its flagship cold storage facility in Nairobi, Kenya, within the Tatu City Special Economic Zone. This state-of-the-art facility, the first of its kind in Africa, offers temperature-controlled storage and distribution for … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged ARCH Cold Chain Solutions, cold storage facility, Edward Claessen, EIB, food waste, Fredd Kambo, Kenya, partnership, Safety Standards, sustainability
(IN BRIEF) In a significant move, the European Investment Bank’s (EIB) global arm, EIB Global, and Banca Intesa Beograd have signed a €100 million credit line aimed at supporting small and medium enterprises (SMEs) and mid-caps in Serbia. This initiative … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Serbia, Small Business
Tagged Banca Intesa Beograd, Darko Popović, EIB, EIB Global, Emanuele Giaufret, green investments, Kyriacos Kakouris, partnership, SERBIA, SME, sustainability
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