(IN BRIEF) Volvo Car Corporation has secured a €420 million loan from the European Investment Bank (EIB) to support the development of an all-electric vehicle platform. This financing covers research and development, software development, and advanced manufacturing technologies for electric … Read the full press release
(IN BRIEF) Outokumpu, a prominent stainless steel producer, has successfully completed its share repurchase program, which began on November 29, 2023, and concluded on January 3, 2024. Authorized by the Board of Directors under the mandate of the Annual General … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Metals and Minerals
Tagged Outokumpu, Share Buyback Program, shares
(IN BRIEF) In 2023, Fortum’s Loviisa nuclear power plant in Finland achieved exceptional results, generating 8.09 terawatt-hours of carbon-free electricity. Loviisa 1 and Loviisa 2, the plant’s units, demonstrated high operational efficiency with load factors exceeding 89%. Fortum also collaborated … Read the full press release
(IN BRIEF) QIAGEN, a leading provider of molecular diagnostics and life sciences solutions, is significantly expanding its operations in the Middle East region. In early 2024, the company will open its regional headquarters in Riyadh, Saudi Arabia, to strengthen its … Read the full press release
Posted in Business, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Pharma & Biotech, Science, Technology
Tagged Middle East, Oman, partnership, QIAGEN, Riyadh HQ, Saudi Ministry of Health, Simona Grandits, sustainability, TB Screening Initiative
(IN BRIEF) The University of Helsinki’s international master’s programs for 2024 received an impressive 12,665 applications from 10,662 applicants. The Master’s Program in Computer Science was the most sought after with 1,402 applications, followed closely by the Master’s Program in … Read the full press release
(IN BRIEF) The University of York is hosting its tenth annual YorkTalks research showcase, featuring experts delivering free short talks on a variety of subjects, including the future of local pubs, artificial intelligence ethics, and the role of spirituality in … Read the full press release
Posted in Business, Education, Entertainment, Industrial, Management, Media, News, United Kingdom
Tagged Matthias Ruth, University of York, YorkTalks
(IN BRIEF) Ericsson has announced the appointment of Majda Lahlou Kassi as the Vice President and Head of Ericsson West Africa and Morocco, effective from January 1, 2024. With nearly 25 years of experience at Ericsson, Majda will lead the … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Management, News, Sweden, Technology, Telecom
Tagged appointment, Ericsson, leadership, Majda Lahlou Kassi, MOROCCO, Vice President, West Africa
(IN BRIEF) OMV Petrom, Southeast Europe’s largest integrated energy company, is set to acquire a 50% stake in Electrocentrale Borzesti, which holds a 1 GW capacity of renewable projects, including 950 MW of wind and 50 MW of photovoltaic, in … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania
Tagged acquisition, Aurel Arion, Christina Verchere, Electrocentrale Borzesti, OMV Petrom, partnership, Renovatio, Romania, sustainability
(IN BRIEF) Ricoh, a leader in the print and graphics industry, has successfully acquired Albyco, a Netherlands-based business specializing in finishing solutions for digital graphic communications, labels, signage, and packaging. This strategic move enhances Ricoh’s production print finishing capabilities across … Read the full press release
(IN BRIEF) Accenture has successfully concluded its acquisition of 6point6, a prominent U.K. technology consultancy known for its expertise in cloud, data, and cybersecurity. This strategic acquisition bolsters Accenture’s capabilities in strategy and architecture, with a strong focus on sectors … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Ireland, Management, News, Security & Safety, Technology, United Kingdom
Tagged 6point6, Accenture, acquisition, Cybersecurity, partnership, sustainability
(IN BRIEF) Lithuania’s Defence Material Agency (DMA) has entered into an agreement with the Dutch procurement Agency COMMIT to procure Thales Ground Master 200 Multi-Mission Compact radars (GM200 MM/C). These advanced radars are designed to provide simultaneous detection, tracking, and … Read the full press release
Posted in Business, Defence, Environment, Financial, France, Government, Industrial, Investment, Lithuania, Management, Netherlands, News, Security & Safety, Technology
Tagged acquisition, Defense, Gerben Edelijn, Ground Master 200 Radars, Lithuania, partnership, Sigitas Dzekunskas, sustainability, Thales
(IN BRIEF) SGS, a leading provider of testing, inspection, and certification services for the railway sector, has introduced its Rail Services page on SGS.com, offering a wealth of information on its comprehensive services tailored to the railway industry. Recognizing the … Read the full press release
(IN BRIEF) Norsk Hydro ASA provides an update on its ongoing share buyback program, which began on September 22, 2023, and is scheduled to conclude on February 29, 2024. The company reports transactions, including the number of shares repurchased and … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, Metals and Minerals, News, Norway
Tagged Financial, investment, Norsk Hydro, Share Buyback Program
(IN BRIEF) Indra has secured the ISO 31030 certification from AENOR, becoming the first Spanish company to do so. The certification acknowledges Indra’s effective management of the travel risks faced by its professionals during business trips, prioritizing their well-being, health, … Read the full press release
Posted in Awards, Business, Industrial, Management, News, Security & Safety, Spain, Technology, Travel
Tagged AENOR, Awards, Indra, ISO 31030 Certification, Jacqueline Peña, Nicolás Henríquez, safety, Travel Risk Management
(IN BRIEF) Kapsch TrafficCom has achieved a milestone with the successful opening of the initial phase of the Moravski corridor and Ruma-Šabac highway tolling project in Serbia. The completed first stage, linking Ruma and Šabac near Belgrade, was executed in … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Serbia, Technology, Transportation & Logistics
Tagged Carolin Treichl, Kapsch TrafficCom, Moravski Corridor, partnership, SERBIA, SmartTOLL, sustainability, Tolling Project
(IN BRIEF) Equinor and bp have jointly decided to terminate the Offshore Wind Renewable Energy Certificate (OREC) Agreement for the Empire Wind 2 project, an offshore wind endeavor in the US capable of generating 1,260 MW of power. The move … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, United Kingdom
Tagged BP, economic challenges, Empire Wind 2, Equinor, Joshua Weinstein, Molly Morris, NYSERDA, OREC Agreement, partnership, Termination
(IN BRIEF) Enel S.p.A. has announced the purchase of 186,000 treasury shares between December 27th and 29th, 2023, on the Euronext Milan market, at an average price of 6.7302 euros per share, amounting to 1,251,825.900 euros. This transaction is part … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Italy, Management, News
Tagged acquisition, Enel, Financial, investment, Share Buyback Program, treasury shares
(IN BRIEF) QuantumScape, a U.S. technology company specializing in solid-state batteries, has achieved a significant breakthrough in battery development, as confirmed by PowerCo. Their solid-state cell has surpassed expectations by successfully completing over 1,000 charging cycles while retaining 95% of … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged battery, electric vehicle, Frank Blome, Jagdeep Singh, partnership, PowerCo, QuantumScape, sustainability, technology, USA, Volkswagen
(IN BRIEF) The European Investment Bank (EIB) has partnered with Kristera AD, a subsidiary of Agria Group Holding, to provide a €35 million loan for the construction of a new sunflower oil processing plant in northern Bulgaria and the acquisition … Read the full press release
Posted in Banks, Bulgaria, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Agria Group Holding, Bulgaria, EIB, Emil Raykov, Kristera AD, Kyriacos Kakouris, partnership, Sunflower Oil Plant, sustainability, sustainable transport
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