Monthly Archives: November 2023

Kapsch TrafficCom Plans Capital Increase to Strengthen Equity Base

(IN BRIEF) Kapsch TrafficCom AG has announced its decision to pursue a capital increase from authorized capital by issuing up to 1,300,000 new ordinary no-par value bearer shares, representing up to 10% of the existing share capital. This capital increase … Read the full press release

DNV to Provide Extensive Inspection Services for East Anglia Three Offshore Wind Farm Project

(IN BRIEF) DNV has entered into an agreement to provide a wide range of inspection services for the East Anglia Three offshore wind project, which is set to become the world’s second-largest wind farm upon its operation in 2026. The … Read the full press release

ORLEN Group’s PGNiG Upstream Norway Expands Natural Gas Operations with KUFPEC Norway Acquisition

(IN BRIEF) PGNiG Upstream Norway, a subsidiary of the ORLEN Group, is set to take control of KUFPEC Norway, a hydrocarbon producer, significantly boosting the ORLEN Group’s natural gas output in Norway by over one-third, reaching 4 billion cubic meters … Read the full press release

AFRY Strengthens Nuclear Safety Expertise with Acquisition of Hungarian Firms SOM System Kft. and TTSA Mérnökiroda Kft.

(IN BRIEF) Swedish engineering and consulting company AFRY has made a strategic move to acquire Hungarian nuclear safety consulting firms SOM System Kft. and TTSA Mérnökiroda Kft., collectively known as SOM. The acquisition enhances AFRY’s capabilities in the nuclear sector, … Read the full press release

Vodafone Receives PwC Award for Third Consecutive Year in Cyber Reporting Excellence

(IN BRIEF) Vodafone has won the FTSE350 Cyber Reporting category in PwC’s Building Public Trust Awards for the third year in a row. The awards recognize companies and charities that excel in providing transparent and insightful reporting on sustainability and … Read the full press release

EBRD Report Explores Global Economic Transformation’s Impact on Individuals

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has released a report titled “Transitions big and small,” examining how the profound structural changes in the global economy are affecting people’s lives, livelihoods, and living conditions in EBRD regions. … Read the full press release

UK Centre for Veterinary Vaccine Innovation and Manufacturing (CVIM) Achieves Key Milestones in Inaugural Year

(IN BRIEF) In its first year of operation, the UK Centre for Veterinary Vaccine Innovation and Manufacturing (CVIM) has accomplished several significant milestones in its mission to bridge the gap between scientific discoveries and solutions for pressing infectious diseases, particularly … Read the full press release

BBSRC to Revamp Doctoral Provision, Aligning with UKRI’s Collective Talent Funding Model

(IN BRIEF) The Biotechnology and Biological Sciences Research Council (BBSRC) is set to restructure its doctoral provision, effective from 2024, as part of its commitment to ensuring access to top-notch doctoral training. This strategic move aligns with BBSRC’s 2022-2025 delivery … Read the full press release

Immersal and Burst Forge Partnership to Revolutionize Location-Based Augmented Reality Experiences

(IN BRIEF) Immersal, a subsidiary of Hexagon, has unveiled a strategic collaboration with Burst, a pioneer in cutting-edge virtual reality fan experiences. This partnership represents a major advancement in location-based augmented reality (AR) encounters for global conference, concert, and event … Read the full press release

AstraZeneca Launches Evinova: Pioneering Digital Health Solutions for Global Healthcare Advancement

(IN BRIEF) AstraZeneca has introduced Evinova, a groundbreaking venture poised to become a leader in digital health solutions, catering to the needs of healthcare professionals, regulators, and patients. Backed by AstraZeneca and strategically collaborating with Parexel and Fortrea, Evinova is … Read the full press release

CAF Takes Center Stage at Rail Live Madrid: Unveiling Innovations in Urban Transport

(IN BRIEF) Rail Live Madrid, the premier event in the Spanish railway industry, is set to convene from November 29 to December 1 at IFEMA Madrid. CAF, serving as the Title sponsor, will use this platform to unveil its cutting-edge … Read the full press release

Schneider Electric Survey Reveals Energy Efficiency Tops the List of Popular Home Improvements

(IN BRIEF) A survey conducted by Schneider Electric reveals that 86% of consumers consider making homes more energy-efficient as the most popular home improvement action. Energy security (83%), cooling (79%), and energy independence (78%) also rank highly among energy-related home … Read the full press release

EBRD Transition Report 2023-24 Explores the Impact of Green Transition on Jobs, Happiness, and Structural Reforms

(IN BRIEF) The EBRD Transition Report 2023-24, titled “Transitions big and small,” examines the profound changes required for the global shift to net-zero emissions. It highlights the transformation of economies, supply chains, and daily lives due to climate change, technological … Read the full press release

EBRD Celebrates Women Entrepreneurs Making Strides

(IN BRIEF) In honor of Women’s Entrepreneurship Day, the European Bank for Reconstruction and Development (EBRD) shines a spotlight on the remarkable achievements of three inspiring women-led businesses. These entrepreneurs have thrived with the support of the EBRD’s Women in … Read the full press release

EIB Global Grants €1 Million for Tirana’s Water Distribution Improvement

(IN BRIEF) EIB Global, the European Investment Bank’s arm for activities outside the EU, has allocated a €1 million technical assistance grant to aid the Tirana municipality in enhancing its water distribution network. The grant will support a project aimed … Read the full press release

European Investment Bank Launches Cairo Hub to Boost Cooperation in MENA Region

(IN BRIEF) The European Investment Bank (EIB) has officially opened its new regional hub in Cairo, Egypt, aimed at enhancing collaboration and partnerships with public and private entities across the Middle East and North Africa (MENA) region. The hub was … Read the full press release

Предприниматель и филантроп Михаил Пелег подчеркнул важность саммита ООН по Целям устойчивого развития 2023 года в Нью-Йорке

МИХАИЛ ПЕЛЕГ ОТМЕТИЛ РОЛЬ САММИТА В РАЗВИТИИ ГЛОБАЛЬНОГО ДИАЛОГА И ПОДЧЕРКНУЛ ВАЖНОСТЬ ОБРАЗОВАНИЯ В ДОСТИЖЕНИИ ЦЕЛЕЙ УСТОЙЧИВОГО РАЗВИТИЯ К 2030 ГОДУ. (ВКРАТЦЕ) Предприниматель и филантроп Михаил Пелег присоединился к делегации мировых бизнес-лидеров на саммите ООН по Целям Устойчивого Развития 2023 … Read the full press release

Safran’s Collins Aerospace Deal Challenged by Italian Regulatory Decision

(IN BRIEF) Safran’s planned acquisition of Collins Aerospace’s actuation and flight control business faces a regulatory challenge as the Italian government exercises its Golden Power to oppose the sale of Microtecnica S.r.l, the company holding the relevant assets in Italy, … Read the full press release

Safran Maintains Diversity in Board Composition After Director Elections

(IN BRIEF) Safran has completed its employee director elections, re-appointing Christèle DEBARENNE-FIEVET and welcoming Ivan HARDOUIN for a four-year term starting November 20, 2023. Christèle DEBARENNE-FIEVET will continue her role in the Appointments and Compensation Committee, focusing on compensation matters. … Read the full press release

World Children’s Day: H&M Move Collaborates with Sport Without Borders to Promote Youth Sports

(IN BRIEF) H&M Move and Sport Without Borders have partnered to empower young people through sports on World Children’s Day. This two-year collaboration will offer 2,500 young individuals in Sweden meaningful activities during physical education lessons, after-school programs, and school … Read the full press release