(IN BRIEF) SGL Carbon, a leading global supplier of carbon-based solutions, affirms its supply capability remains unaffected by the Chinese government’s export control measures imposed on certain natural graphite materials and products starting December 1, 2023. While natural graphite products … Read the full press release
(IN BRIEF) Hiab, a part of Cargotec, has received significant orders totaling EUR 35.8 million from two prominent US clients. A national home improvement chain has placed an order for MOFFETT truck-mounted forklifts valued at EUR 23.8 million, while a … Read the full press release
(IN BRIEF) Skanska AB has announced the conversion of 15,960 Class A shares to Class B shares in accordance with its articles of association. This conversion, mandated by the Swedish Financial Instruments Trading Act, reduces the company’s total voting rights, … Read the full press release
Posted in Business, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Class A to Class B Shares, Financial, investment, Skanska AB
(IN BRIEF) Living Places Copenhagen, a collaborative project by the VELUX Group, EFFEKT architects, Artelia engineers, and Enemærke & Petersen contractors, has been nominated for the MIPIM Awards 2024 in the “Best Residential Project” category. The project’s recognition stems from … Read the full press release
Posted in Awards, Business, Construction, Denmark, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Technology
Tagged Artelia engineers, EFFEKT architects, Enemærke & Petersen contractors, Living Places Copenhagen, Lone Feifer, MIPIM Awards 2024, sustainability, Sustainable Housing Showcase, VELUX Group
(IN BRIEF) Volkswagen Group is spearheading the integration of artificial intelligence (AI) in its vehicles to offer customers enhanced digital experiences. The company has unveiled the “AI Lab,” a global hub for innovation that will identify AI-based product ideas, collaborate … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Business, Germany, Industrial, Technology, Transportation & Logistics
Tagged AI, AI-lab, artificial-intelligence, Audi, Carmen Schmidt, Carsten Helbing, electric vehicles, Michael Steiner, Oliver Blume, Porsche, predictive maintenance, Volkswagen Group
(IN BRIEF) Ericsson, a leading telecom company, has been authorized as a CVE Numbering Authority (CNA), allowing them to identify and document publicly disclosed software vulnerabilities and contribute to global cybersecurity improvement efforts. CNAs, like Ericsson, play a crucial role … Read the full press release
(IN BRIEF) Outokumpu Oyj, a global leader in sustainable stainless steel, has been accepted as a new organizational member of the Climate Leadership Coalition (CLC), Europe’s largest non-profit climate business network. CLC is dedicated to developing business-driven solutions to combat … Read the full press release
(IN BRIEF) DHL Global Forwarding and Schneider Electric have partnered to introduce innovative multi-modal shipping solutions aimed at reducing carbon emissions associated with air freight. They successfully launched two bridges, connecting Singapore and North America and India and North America, … Read the full press release
Posted in Aviation & Aerospace, Energy, Gas & Oil, Environment, Germany, Industrial, Transportation & Logistics
Tagged air freight, DHL Global Forwarding, GoGreen Plus, logistics, Mourad Tamoud, reduce Scope 3 carbon emissions, SAF, Schneider Electric, sea transport, shipment, shipping, Sustainable Aviation Fuels, Thomas George
(IN BRIEF) On January 30, 2024, Outokumpu announced the successful completion of its share repurchase program, with a total cost of EUR 507,792.07. The program, initiated on November 29, 2023, aimed to repurchase a maximum of 11 million shares with … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, OUTOKUMPU OYJ, Shares Buyback Program
(IN BRIEF) Linde (Nasdaq: LIN) has announced an expansion of its supply agreement with Celanese, a global chemical and specialty materials company, by providing captured carbon dioxide and clean hydrogen from its Clear Lake facility in Texas. Celanese will use … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Amer Akhras, carbon dioxide, Celanese, Clean hydrogen, Linde, Lower Carbon Methanol Production, Mark Murray, partnership, sustainability, USA
(IN BRIEF) Borealis has named Mirjam Mayer as the Vice President of Circular Economy Solutions (CES) starting from January 1, 2024. In this role, Mayer will oversee and manage the entire value chain of Borealis’ Circular Economy Solutions. Mayer, who … Read the full press release
Posted in Austria, Business, Chemicals, Industrial, Management, News
Tagged appointment, Borealis, leadership, Mirjam Mayer, Thomas Gangl, Vice President of Circular Economy Solutions
(IN BRIEF) Co-op has unveiled the UK’s inaugural retail media network within the convenience sector, aiming to assist brands in accessing broader audiences and enhancing advertising relevance for its customer base. The Co-op Media Network combines the company’s in-house team … Read the full press release
(IN BRIEF) TotalEnergies and Wenea have joined forces to establish a prominent presence in the Spanish electric mobility sector by creating a network of high-power charging hubs. TotalEnergies has acquired Nordian CPO, a subsidiary of Wenea, which owns 200 charging … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology
Tagged acquisition, charging Sites, electric mobility, José Manuel Zorrilla, Mathieu Soulas, Nordian CPO, partnership, Spain, sustainability, TotalEnergies, Wenea
(IN BRIEF) GRAHAM Group has achieved the prestigious IIP Wellbeing Platinum accreditation, the highest recognition for a positive well-being culture, becoming the first company in any industry to do so. This achievement signifies GRAHAM’s strong commitment to employee well-being, with … Read the full press release
(IN BRIEF) In a remarkable achievement, the sustainable castor program initiated by Arkema, BASF, Jayant Agro-Organics, and Solidaridad in May 2016 has now certified over 7,000 farmers, resulting in substantial individual yield increases. More than 7,000 hectares of semi-arid land … Read the full press release
Posted in Agriculture, Business, Chemicals, Environment, Financial, France, Government, Industrial, Investment, Management, News
Tagged 'Pragati', Arkema, BASF, Castor Program, farmers, INDIA, Jayant Agro-Organics, Jayeshbhai Ramjibhai Mujat, partnership, Solidaridad, sustainability
(IN BRIEF) According to a survey by Payit™ by NatWest, two-thirds of larger UK businesses are familiar with open banking, with users reporting an annual time saving of 150 hours compared to non-users. Business leaders utilizing open banking in their … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Financial, investment, Mike Elliff, NatWest, Open Banking, Payit, UK businesses
(IN BRIEF) In collaboration with Arkema, Jayant Agro-Organics, and implementation partner Solidaridad, BASF’s sustainable castor farming project, known as Pragati, has achieved significant milestones in its seven-year journey. Over 7,000 farmers have been trained and certified, cultivating more than 74,500 … Read the full press release
(IN BRIEF) The InvestEU Investment Committee has approved a framework operation allowing the Nordic Investment Bank (NIB) to provide up to EUR 150 million in financing for projects focused on green mobility and transport in the Nordic and Baltic region, … Read the full press release
(IN BRIEF) In a bid to address the growing demand for sustainable accident repairs and uniform sustainability standards, BASF’s Coatings division is collaborating with industry partners, including associations, insurers, work providers, fleet operators, and body shops, to develop a global … Read the full press release
(IN BRIEF) The UNIQA Group has launched the International Programmes (IP) HUB in Poland, serving as a competence center for 15 countries in Central and Eastern Europe where the insurer operates. This initiative aims to standardize insurance offerings for multinational … Read the full press release
(IN BRIEF) BASF has announced leadership changes in its Nutrition and Health divisions. Julia Raquet will assume responsibility for the Division Europe, Middle East, and Africa, while Dr. Martin Volland will take charge of the Division Nutrition & Health. These … Read the full press release
Posted in Business, Chemicals, Germany, Healthcare, Industrial, Management, News
Tagged Anup Kothari, appointment, BASF, Dr. Katja Scharpwinkel, Dr. Martin Volland, Health Divisions, Julia Raquet, leadership, Nutrition Divisions
(IN BRIEF) New research by Aviva reveals that there is still a need to raise awareness about the importance of leading a healthy lifestyle in cancer prevention. Over half of those surveyed hope cancer won’t happen to them, and 20% … Read the full press release
Posted in Business, Education, Financial, Healthcare, Industrial, Insurance, Investment, Management, News, Science, United Kingdom
Tagged Aviva, awareness, Cancer Prevention, Dr Suba M, Healthy Lifestyles, wellbeing
(IN BRIEF) The Port of Rotterdam Authority has appointed Hanna Stelzel as the Director of Containers, effective March 1. In this role, Stelzel will oversee all container-related activities within the Commercial department, succeeding Hans Nagtegaal. Stelzel, with a background in … Read the full press release
(IN BRIEF) Škoda Auto has officially entered the Brunei market, inaugurating its first showroom in Bandar Seri Begawan alongside local partner T.C.Y. Motors. The carmaker is introducing models like the Octavia RS, Kodiaq Sportline from Europe, and the Indian-made Slavia … Read the full press release
Posted in Automotive, Business, Czech Republic, Economy, Financial, Government, Industrial, Investment, Management, News
Tagged Bandar Seri Begawan, Brunei Market, Martin Jahn, partnership, ŠKODA AUTO, T.C.Y. Motors
(IN BRIEF) The Port of Rotterdam, in partnership with grid operators TenneT and Stedin, has launched the New Energy Taskforce (NET) to address grid congestion challenges in the port and surrounding areas. Roger Knubben leads NET, bringing extensive experience in … Read the full press release
(IN BRIEF) The European Investment Fund (EIF), a part of the European Investment Bank Group, has inked guarantee agreements with four Bulgarian banks, including Postbank (Eurobank Bulgaria), ProCredit Bank Bulgaria, UniCredit Bulbank, and United Bulgarian Bank, facilitating up to €2 … Read the full press release
Posted in Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Bulgaria, EIF, green transition, Marjut Falkstedt, Milena Stoycheva, partnership, Postbank (Eurobank Bulgaria), ProCredit Bank Bulgaria, SMEs, sustainability, UniCredit Bulbank, United Bulgarian Bank
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is actively supporting sustainability and green initiatives in Central Asia, empowering local entrepreneurs to transition to eco-friendly operations. One notable example is the Bel-Tam yurt camp in Kyrgyz Republic, which, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Central Asia, EBRD, entrepreneurs, Green Initiatives, Kyrgyz Republic, partnership, SMEs, sustainability, Tachmyrat Gurdov, Turkmenistan
(IN BRIEF) The European Investment Bank (EIB) has successfully issued a new EUR 3 billion 15-year EARN bond, set to mature on February 15, 2039. The bond offers an annual coupon of 3% and was priced at 99.072%. With demand … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, News
Tagged bond, European Investment Bank (EIB), Financial, investment
(IN BRIEF) According to the latest EY CEO Outlook Pulse survey, global CEOs are optimistic about their ability to drive revenue growth and profitability in 2024, despite acknowledging the prevailing global economic headwinds. The survey of 1,200 CEOs across 21 … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Andrea Guerzoni, CEOs, Ernst & Young, Financial, Global Economic Challenges, investment, M&A Opportunities, revenue growth
(IN BRIEF) Pragati, the pioneering sustainable castor project implemented by Solidaridad in India, has celebrated its seventh year of achievements. With over 7,000 castor farmers certified across 100 villages, the project has entered its third phase with a renewed focus … Read the full press release
Posted in Agriculture, Business, Environment, Financial, Government, Industrial, Investment, Management, Netherlands, News
Tagged 'Pragati', Castor, INDIA, Jayeshbhai Ramjibhai Mujat, partnership, Solidaridad, sustainability
(IN BRIEF) DNV, the independent energy expert and assurance provider, has played a pivotal role in facilitating the successful closure of financing for MYTILINEOS S.A.’s portfolio of solar farm projects in Chile. The portfolio includes the Willka, Doña Antonia, Tocopilla, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged Chile, DNV, partnership, Santiago Blanco, Solar Power Projects, sustainability
(IN BRIEF) Heidelberg Materials has introduced its new global product brand, evoBuild, dedicated to low-carbon and circular construction products. evoBuild products undergo stringent sustainability criteria and are part of the company’s commitment to providing eco-friendly building materials. Notably, Heidelberg Materials … Read the full press release
(IN BRIEF) ING has disclosed that it repurchased a total of 3,875,832 shares between January 22 and January 26, 2024, as part of its €2.5 billion share buyback program announced in November 2023. These shares were acquired at an average … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Financial, ING, investment, Shares Buyback Program
(IN BRIEF) The European Investment Fund (EIF) is investing €60 million in Future Energy Ventures Fund I, a venture capital fund with a €250 million target size, managed by Future Energy Ventures (FEV). This investment is aimed at supporting early-stage … Read the full press release
(IN BRIEF) Coop and Emmi have introduced environmentally friendly PET bottles for selected dairy products, such as milk and cream, as part of their sustainability efforts. These PET bottles are the only plastic food packaging in Switzerland that can be … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has committed €150 million to the 2038 Lusatia program, aimed at mitigating the socio-economic impact of lignite phase-out and advancing climate neutrality in the region. Collaborating closely with Investitionsbank des Landes Brandenburg (ILB), … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News
Tagged EIB, Germany, green transformation, Investitionsbank des Landes Brandenburg (ILB), investment, Lusatia, Nicola Beer, partnership, sustainability, Tillmann Stenger
(IN BRIEF) Amazon has expanded its commitment to renewable energy by signing a corporate power purchase agreement (CPPA) with ENGIE. This agreement increases Amazon’s share of the energy output from the Moray West offshore wind farm in Scotland to 473MW, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, United Kingdom
Tagged Amazon, Bautista Rodriguez, clean energy, CPPA, EDP Renewables, ENGIE, Lindsay McQuade, Moray West, Ocean Winds, Offshore wind, offshore wind farm, Paulo Almirante, renewable energy, Scotland
(IN BRIEF) On January 29, 2024, Outokumpu has successfully completed the repurchase of its own shares as part of a share buyback program announced on November 29, 2023. The company repurchased a total of 315,800 shares across different trading venues … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, OUTOKUMPU OYJ, Share Buyback Program, shares
(IN BRIEF) Taiwanese tissue producer Yuen Foong Yu Consumer Products Co., Ltd. has successfully launched a cutting-edge ANDRITZ PrimeLineCOMPACT tissue production line at its Chingshui mill. This achievement, overseen by Mr. Tang Mingfa, Vice General Manager of Yuen Foong Yu, … Read the full press release
(IN BRIEF) Logicor, a prominent player in European logistics real estate, has commenced the construction of a new environmentally conscious warehouse spanning approximately 13,600 sqm at its logistics park in Rolo (RE), Italy. The project, set to be finished by … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Real Estate, Technology, Transportation & Logistics, United Kingdom
Tagged Graeme Hepburn, Italy, Logicor, partnership, Rolo, sustainability, Warehouse Development
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