(IN BRIEF) Amey, a facilities management provider, conducted an energy reduction campaign during Net Zero Week in schools across Barnsley and Bradford. They achieved significant carbon emission reductions of 5.91% in Barnsley and 5.4% in Bradford, totaling a reduction of … Read the full press release
Posted in Education, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Technology, United Kingdom
Tagged Alan Crossley, Amey, Barnsley, Bradford, Cara Akroyd, carbon savings, energy reduction campaign, facilities management of schools, Net Zero Week, SCHOOLS, Stephanie Hennebry
(IN BRIEF) Rheinmetall, a technology enterprise, has secured a significant contract worth approximately €328 million from the Romanian Ministry of Defence. This contract involves the comprehensive modernization of Romania’s Oerlikon GDF 103 air defence artillery systems, marking Rheinmetall’s first major … Read the full press release
Posted in Defence, Germany, Government, Industrial, Romania, Transportation & Logistics
Tagged 35mm GDF009 TREO Oerlikon Twin Guns, 35mm Gepard antiaircraft tank, air defence artillery systems, air defence system, Armin Papperger, EU Member, NATO, Oerlikon GDF 103, Oerlikon Skymaster TLCN fire control system, Rheinmetall, Romania, Romanian air defence systems, Romanian ministry of defence, Skynex, tracking radar, X-Band Tactical Acquisition Radar 3D, X-TAR3D
(IN BRIEF) ArcelorMittal, a prominent global steel and mining company, has announced its collaboration with dss+, a leading sustainable operations management consulting service, to conduct a comprehensive safety audit across the company. The decision to undertake this company-wide audit aligns … Read the full press release
(IN BRIEF) Equinor has signed an agreement to sell all its remaining assets in Azerbaijan to SOCAR (State Oil Company of Azerbaijan Republic). These assets include stakes in the Azeri Chirag Gunashli (ACG) oil fields, the Baku-Tbilisi-Ceyhan (BTC) pipeline, and … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Investment, Norway
Tagged ACG, Azerbaijan, Azeri Chirag Gunashli, Baku-Tbilisi-Ceyhan, BP, divestment, Equinor, oil fields, Philippe Mathieu, Rovshan Najaf, SOCAR
(IN BRIEF) Thales has secured a contract with Singapore’s Land Transport Authority (LTA) to modernize two key depots serving the North-South and East-West Lines (NSEWL) of the Mass Rapid Transit (MRT) network. These are vital routes for over 1.4 million … Read the full press release
Posted in France, Industrial, Infrastructure & Utilities, Technology, Transportation & Logistics
Tagged advanced interlocking solution, Alcino De Sousa, Bishan Depot, DEPOT SIGNALLING, Land Transport Authority, LTA, Mass Rapid Transit, MRT, rail lines, rail signalling system, Singapore, Thales, Toa Payoh, Ulu Pandan Depot, Yio Chu Kang, Yu Feng
(IN BRIEF) An international consortium of institutions is lending vital support to the development of a second container terminal at Damietta Port in Egypt, a project set to triple the port’s container capacity and enhance its competitiveness. The project is … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is partnering with Türkiye Sinai Kalkinma Bankasi (TSKB), a development bank, to support Kutes, a prominent Turkish metal casting company, in its shift toward sustainable energy practices. TSKB is providing … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Small Business, Turkey, United Kingdom
Tagged EBRD, Kutes, partnership, SMEs, sustainability, sustainable energy, Turkey, Türkiye Sınai Kalkınma Bankası (TSKB)
(IN BRIEF) The European Investment Bank (EIB) Group, comprising the European Investment Bank and European Investment Fund, has partnered with Santander in a synthetic securitisation transaction aimed at supporting energy efficiency investments in Spain. The initiative focuses on financing the … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain
Tagged Catalina García Mejía, EIB Group, EIF, energy efficiency, Green Mortgages, investments, Marjut Falkstedt, Ricardo Mourinho Félix, Santander, Spain
(IN BRIEF) The European Investment Bank (EIB) and Vitalia have inked a €90 million loan deal to fund the development of new healthcare facilities, including residential and outpatient care centers, primarily catering to the elderly population in seven regions of … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Society, Spain
Tagged Chema Cosculluela, EIB, Elderly Care Facilities, Gilles Badot, Healthcare, housing, Paolo Gentiloni, partnership, society, Spain, sustainability, Vitalia
(IN BRIEF) The European Investment Bank (EIB) and Pekao Leasing, a subsidiary of Bank Pekao S.A., have formalized an agreement worth €68 million, reinforcing their long-standing partnership. This loan from the EIB will empower Pekao Leasing to offer new financing … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland
Tagged EIB, Krzysztof Zgorzelski, Leszek Skiba, partnership, Pekao Leasing, Poland, SMEs, sustainability, sustainable growth, Teresa Czerwinska
(IN BRIEF) The European Investment Bank (EIB) has signed a €29 million loan agreement with Arteche, a Spanish company specializing in electrical equipment and solutions for the energy sector. This InvestEU-backed loan will support Arteche’s research, development, and innovation efforts, … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Technology
Tagged Alex Artetxe, Arteche, digitalization, EIB, energy sector, partnership, Ricardo Mourinho Félix, Spain, sustainability
(IN BRIEF) The European Investment Bank (EIB) and the Brussels Capital Region have signed a €475 million loan agreement to enhance Brussels’ public transportation infrastructure by upgrading the existing underground tram connection between the Albert and Gare du Nord/Noordstation stops … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Transportation & Logistics
Tagged Air Quality, Brieuc de Meeûs, Brussels, EIB, Elke van den Brandt, expansion, Kris Peeters, metro line, partnership, public transportation, Rudi Vervoort, sustainability, Sven Gatz, Toots Thielemans
(IN BRIEF) The European Investment Bank (EIB) has signed a €10 million loan agreement to support women entrepreneurs in Mozambique. This financing will facilitate a new €20 million facility by Moza Banco, focusing on small and medium-sized businesses (SMEs) in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Africa, Antonino Maggiore, EIB, finance, Manuel Soares, Mozambique, partnership, SMEs, sustainability, Thomas Östros, women entrepreneurs
(IN BRIEF) The European Investment Bank (EIB) and European Investment Fund (EIF) have collaborated with Santander in a synthetic securitisation transaction aimed at supporting energy efficiency investments in Spain. The initiative focuses on financing nearly-zero-emission building construction and the renovation … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain
Tagged Catalina García Mejía, EIB, EIF, energy efficiency, investments, Marjut Falkstedt, partnership, Ricardo Mourinho Félix, Santander, Spain, sustainability
(IN BRIEF) The European Investment Bank (EIB) has signed a €12.5 million venture debt agreement with Swedish medical company BrainCool AB, specializing in medical cooling solutions. BrainCool is pioneering body cooling technologies that have the potential to revolutionize care standards … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Healthcare, Industrial, Investment, Luxembourg, Management, News, Science, Sweden, Technology
Tagged BrainCool AB, Cooling Technologies, EIB, innovative, Martin Waleij, partnership, sustainability, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) has provided a €500 million loan to Dutch distribution system operator (DSO) Enexis to fund its electricity network expansion efforts in the Netherlands. Enexis plans to upgrade and expand its infrastructure, encompassing medium-voltage … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and the municipality of Loures have entered into an agreement for the initial €24.15 million portion of a €100 million framework loan. This funding is earmarked to enhance the city’s services, improve living … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Portugal
Tagged European Investment Bank, Loures Municipality, partnership, Ricardo Leão, Ricardo Mourinho Félix, sustainability, sustainable development
(IN BRIEF) This holiday season, 200 KPN volunteers in Groningen, Amersfoort, and Rotterdam will bring warmth and joy to 600 elderly individuals facing loneliness. The initiative, known as the Mooiste Contact Fonds, prioritizes social connection by uniting people, especially those … Read the full press release
(IN BRIEF) Vestas has received a confirmed order from UAB Vejoteka, a subsidiary of Enefit Green, for the Kelme II wind farm project located in Lithuania. The order comprises 14 V162-6.2 MW wind turbines, encompassing supply, delivery, and commissioning services. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News
Tagged Andres Maasing, Enefit Green, Jens Pinderup, Kelme II Wind Farm, Lithuania, partnership, sustainability, UAB Vejoteka, V162-6.2 MW wind turbines, Vestas, wind turbines
(IN BRIEF) Vestas has received a confirmed order from BayWa r.e. for the Dollenkamp project located in Brakel, North Rhine-Westphalia, Germany. The order comprises eight V162-5.6 MW wind turbines, covering supply, delivery, and commissioning services. Once operational, Vestas will provide … Read the full press release
(IN BRIEF) Airbus SE has provided an update on its share buyback transactions, which are carried out in accordance with Regulation (EU) No 596/2014 of the European Parliament and the Council. These transactions are part of a share buyback program … Read the full press release
(IN BRIEF) On December 20, 2023, Outokumpu has successfully concluded its share repurchases as part of its buyback program. The buyback program, announced on November 29, 2023, allowed the company to repurchase up to 11 million shares with a maximum … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Media, News
Tagged buyback program, Financial, investment, Outokumpu
(IN BRIEF) Three, the largest mobile network in Ireland, is pioneering 5G Standalone technology, making it the first Irish operator to do so. This innovative technology, powered by Ericsson, enables businesses to harness the full potential of 5G with a … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Sweden, Technology, Telecom
Tagged 5G standalone, businesses, connectivity, David Hennessy, Dr. Enda Fallon, Ericsson, Ireland, John Griffin, partnership, sustainability, Three
(IN BRIEF) Orange Spain and Ericsson are embarking on a historic partnership to introduce private 5G networks for the B2B sector in Spain. This groundbreaking collaboration aims to empower businesses to deploy their own private 5G networks, offering real-time automation, … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Sweden, Technology, Telecom
Tagged 5G networks, Ericsson, Luisa Muñoz, Mónica Sala, Orange Spain, partnership, Spain, sustainability
(IN BRIEF) Sanofi has announced the discontinuation of the global clinical development program for tusamitamab ravtansine, following an interim analysis of the Phase 3 CARMEN-LC03 trial. The trial assessed tusamitamab ravtansine as a monotherapy in previously treated metastatic non-squamous non-small … Read the full press release
Posted in Business, France, Healthcare, Industrial, Management, News, Pharma & Biotech, Science
Tagged Dietmar Berger, NSCLC, Sanofi, Tusamitamab Ravtansine
(IN BRIEF) International technology group ANDRITZ has secured an order from Papel Prensa S.A. to provide a complete old corrugated containers (OCC) line with a reject handling system for their mill in Buenos Aires, Argentina. The OCC line, initially processing … Read the full press release
Posted in Austria, Business, Industrial, Technology
Tagged Andritz, Argentina, Buenos Aires, Diego Colabardini, mill, old corrugated containers, Papel Prensa S.A., PrimeScreen X, top-quality paper
(IN BRIEF) Vattenfall has agreed to sell the Norfolk Offshore Wind Zone to RWE for £963 million, ensuring the continued development of three wind farms off the east coast of England. The Norfolk Zone, with a total capacity of 4.2 … Read the full press release
(IN BRIEF) Terna, Italy’s national electricity grid operator, and the Sicily Region have entered into a five-year partnership to enhance the planning and placement of new electricity infrastructure in Sicily. The collaboration aims to expedite projects outlined in Terna’s Development … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, Italy
Tagged Calogero Giuseppe Burgio, electricity infrastructure, Enrico Maria Carlini, Francesco Del Pizzo, Fulgatore, Giuseppina Di Foggia, Italy, Partinico, Priolo, Renato Schifani, Roberto Di Mauro, Rossano, Sicily, submarine power line, sustainable electricity grid, Terna, Tyrrhenian Link
(IN BRIEF) Vard, a subsidiary of the Fincantieri Group, has secured a contract worth approximately €230 million from Prysmian Group, a global leader in energy and telecoms systems, to design and build a cable-laying vessel. This vessel, the third in … Read the full press release
(IN BRIEF) Fincantieri, a leading shipbuilding company, and WSense, a specialist in underwater monitoring and communication systems, have signed a Memorandum of Understanding (MoU) to collaborate in the field of Underwater Internet of Things (UIoT). This partnership will explore various … Read the full press release
(IN BRIEF) The SEA Fund for the transition of territories, backed by LISEA and MESEA, subsidiaries of VINCI Railways, has chosen 26 projects to support the agro-ecological transformation of regions affected by the South Europe Atlantic high-speed line (SEA HSL). … Read the full press release
Posted in Agriculture, Business, Environment, France, Investment
Tagged agro-ecological transition, LISEA, MESEA, SEA Fund, SEA HSL, South Europe Atlantic high-speed line, VINCI Railways
(IN BRIEF) Iberdrola, a major energy company, has secured a €5.3 billion credit facility in its largest-ever financing deal. This credit line, signed with 33 international banks, is linked to sustainability objectives, including reducing greenhouse gas emissions by 2030 and … Read the full press release
Posted in Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Spain
Tagged BBVA, credit facility, credit line, ESG objectives, green financing, Iberdrola, Ignacio Galán, reduction of greenhouse gas emissions, sustainability objectives, sustainable financing
(IN BRIEF) BioNTech and Duality Biologics have received Breakthrough Therapy designation from the FDA for their antibody-drug conjugate (ADC) candidate, BNT323/DB-1303. The designation is for the treatment of advanced endometrial cancer in patients who have progressed following immune checkpoint inhibitor … Read the full press release
Posted in Germany, Healthcare, Pharma & Biotech, Technology
Tagged advanced endometrial cancer, antibody-drug conjugate, BioNTech SE, BNT323, Breakthrough Therapy, DB-1303, Duality Biologics, DualityBio, endometrial cancer, FDA, HER2, Human Epidermal Growth Factor Receptor 2, Prof. Özlem Türeci M.D., uterine cancer, Vivian Gu M.D.
(IN BRIEF) AFRY, an international engineering and consulting company, has assisted ENGIE in the construction of two wind farms, Rampingallo and Porto Torres, located in Sicily and Sardinia, Italy. These wind farms, with a combined power output of 60 MW, … Read the full press release
(IN BRIEF) Accenture has announced its acquisition of Jixie, a media and marketing technology company, to enhance its marketing transformation capabilities. Jixie’s intelligent digital marketing platform and team will be integrated into Accenture Song, Accenture’s tech-powered creative group, to offer … Read the full press release
(IN BRIEF) BASF SE’s Supervisory Board has nominated Tamara Weinert (58), currently President and CEO of Business Area Americas at Outokumpu in the United States, as a shareholder representative on the Supervisory Board. The election is scheduled for the Annual … Read the full press release
Posted in Business, Chemicals, Germany, Management
Tagged appointment, BASF SE, Dame Alison Carnwath, Dr. Kurt Bock, leadership, Outokumpu, Supervisory Board, Tamara Weinert
(IN BRIEF) BASF SE, a global chemicals and materials company, has announced strategic changes in the responsibilities of its Board of Executive Directors. Dr. Stephan Kothrade will take on additional roles as Chief Technology Officer and oversee Group Research, effective … Read the full press release
(IN BRIEF) BASF SE, a global chemicals and materials company, has unveiled a succession plan for its Board of Executive Directors. Dr. Markus Kamieth will become Chairman of the Board, succeeding Dr. Martin Brudermüller, effective April 25, 2024. Anup Kothari … Read the full press release
(IN BRIEF) Equinor and Shell Offshore Inc. have jointly made the final investment decision for the Sparta deepwater development in the US Gulf of Mexico. Equinor holds a 49 percent stake in the project, which is expected to produce up … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Norway
Tagged Equinor, GOM, oil, Philippe Mathieu, Shell Offshore Inc., Shell plc, Sparta deepwater development, US Gulf of Mexico, Vito project, Whale project
(IN BRIEF) Orange Business has acquired Expertime, a Microsoft technology solutions specialist, to bolster its digital services and strengthen its position as a leading network and digital services integrator in Europe. Expertime’s expertise in Microsoft technologies, especially in public cloud, … Read the full press release
Posted in Business, France, Internet & Online, Technology, Telecom
Tagged acquisition, AI, consulting, data, digital services, Expertime, François Fleutiaux, Microsoft, Orange, Orange Business, Orange Business France, Philippe Luzet, public cloud
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