Monthly Archives: November 2023

Serbian Railways Launch Comprehensive Governance and Performance Improvement Program with EBRD Support

(IN BRIEF) Serbian Railways Infrastructure JSC is embarking on a comprehensive program aimed at enhancing its corporate governance and operational efficiency, backed by the European Bank for Reconstruction and Development (EBRD) and donors. This initiative encompasses three technical assistance projects: … Read the full press release

Novartis Outlines ‘Pure Play’ Innovative Medicines Strategy and Focused R&D Pipeline at London Event

(IN BRIEF) Novartis, a leading pharmaceutical company, presented its ‘pure play’ innovative medicines strategy and focused Research and Development (R&D) pipeline at an event in London. The company’s CEO, Vas Narasimhan, emphasized Novartis’ transformation into an innovative medicines-focused firm, highlighting … Read the full press release

EBRD Invests €60 Million in M Plus Croatia for International Expansion in BPO Services

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has finalized an investment agreement with M Plus Croatia, a subsidiary of Mplus Group, a Croatian business specializing in business-process outsourcing (BPO) services provided to companies in 57 countries. The … Read the full press release

Eni and Open Energy Platform AG Secure Gas Flow Agreement to Bolster Energy Security in Italy and Switzerland

(IN BRIEF) Eni, an Italian multinational energy company, has entered into an agreement with Swiss firm Open Energy Platform AG (Open EP) to ensure the uninterrupted supply of gas to Switzerland and Italy, particularly in situations involving interruptions or significant … Read the full press release

Vodafone-WWF Partnership Celebrates One Year of Environmental Impact and Sustainable Choices

(IN BRIEF) The Vodafone and WWF partnership, initiated in November 2022, has marked its first-year milestone with the “One Million Phones for the Planet” campaign. Vodafone collected 210,000 used phones for responsible recycling and refurbishing during this period. This initiative … Read the full press release

NatWest Group Marks Giving Tuesday 2023 with Generous Contributions to Charity

(IN BRIEF) Giving Tuesday, a global day promoting generosity and giving, organized by the Chartered Institute of Fundraising, is set to focus on celebrating acts of generosity and encouraging participation in charitable activities. NatWest Group, a long-time participant in Giving … Read the full press release

Orange Receives 2023 Terra Carta Seal for Leadership in Sustainability Initiatives

(IN BRIEF) The Sustainable Markets Initiative has awarded Orange the 2023 Terra Carta Seal, recognizing the company’s commitment to creating a climate and Nature-positive future. Orange has demonstrated its success in implementing high-impact, large-scale sustainability projects aligned with the Sustainable … Read the full press release

European Investment Bank and Investitionsbank des Landes Brandenburg Celebrate 30 Years of Successful Partnership

(IN BRIEF) The European Investment Bank (EIB) and the Investitionsbank des Landes Brandenburg (ILB) marked nearly three decades of collaboration at the EIB’s Berlin office. Since 1995, they have joined forces to finance various regional projects in the German state … Read the full press release

Hexagon AB Nominates Annika Falkengren and Ralph Haupter as New Board Members

(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

Boehringer Ingelheim Leverages IBM’s AI Tech for Novel Antibody Development

(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

Rheinmetall Secures Mid-Two-Digit Million Euro Contract for Electric Coolant Pumps in Euro 7 Emission Standards Market

(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

SEB’s Investment Outlook: Navigating Late-Cyclical Phase with Caution and Opportunities

(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

Airbus Helicopters Expands Presence in Lithuania with H125 Aircraft Sale to ASU BALTIJA

(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

Global Authorities Collaborate to Dismantle Ransomware Network Responsible for Widespread Attacks

(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

Schmalz Introduces Time-Saving Online Tool for Spring Plunger Design

(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

Webuild Group’s Growth and Innovation Drive Focus on Workplace Safety and Sustainability

(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

BAE Systems, PLEXSYS, and Red 6 Join Forces to Transform Military Training with Augmented Reality and Simulation Technology

(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

NatWest Launches ‘All Mod Cons’ Board Game to Educate Families About Scams Ahead of Christmas

(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

ING Repurchases Over 23 Million Shares as Part of €2.5 Billion Buyback Program

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(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

GreenPowerMonitor Launches GPM Hybrid PPC: A Game-Changer in Hybrid Power Plant Management

(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