(IN BRIEF) Danish researchers are embarking on a groundbreaking project called WIN@sea in Scandinavia’s largest offshore wind farm, Vattenfall’s Danish Kriegers Flak. This initiative, involving multiple Danish universities and companies, seeks to simultaneously produce fossil-free energy and sustainable food while … Read the full press release
Posted in Denmark, Energy, Gas & Oil, Environment, Food & Beverage, Sweden
Tagged AAGE V. JENSEN NATURFOND, Aarhus University, Annette Bruhn, biodiversity, cod stocks, Danish Kriegers Flak, food production, Green Energy, Kerteminde Seafarm, marine environment, mussels, offshore wind farm, offshore windfarm, OLAMUR, seaweed, seaweed pasta, the Danish Technological University, the Kattegat Centre, the University of Copenhagen, Tim Wilms, Vattenfall, VELUX FONDEN, WIN@sea project, WIN@sea's family cooking school, wind turbines
(IN BRIEF) SWIO, a joint venture by mobility service provider Losch and infrastructure engineering firm SOCOM, is partnering with EVBox, a leading electric vehicle (EV) charging solutions provider, to introduce high-speed EV charging stations in Luxembourg. SWIO has already installed … Read the full press release
Posted in Automotive, Electronics & Machinery, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Luxembourg, Netherlands, Technology, Transportation & Logistics
Tagged DC charging station, electric vehicle, EV, EV charging, EVBox, EVBox Troniq High Power, Losch, Luxembourg, Marvin Rassel, SOCOM, SWIO
(IN BRIEF) Swiss startup BTRY, a spin-off from Empa and ETH Zurich, has secured CHF 900,000 in its initial funding round. Led by High-Tech Gründerfonds (HTGF) and Zürcher Kantonalbank (ZKB), the startup focuses on developing thin-film solid-state batteries capable of … Read the full press release
Posted in Electronics & Machinery, Energy, Gas & Oil, Financial, Industrial, Science, Switzerland, Technology
Tagged Abdessalem Aribia, BTRY, Empa, ETH Zurich, Florian Dünner, High-Tech Gründerfonds, HTGF, lithium-ion batteries, lithium-ion thin-film battery, Moritz Futscher, thin-film solid-state batteries, Timo Bertsch, Yaroslav Romanyuk, ZKB, Zürcher Kantonalbank
(IN BRIEF) Eurex, Europe’s leading derivatives exchange, is set to introduce futures on Socially Responsible Investing (SRI) indices, broadening its ESG-linked product range in collaboration with index providers STOXX and MSCI. These new derivatives contracts, starting trading on January 22, … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, International Trade, Investment, Management, News
Tagged Deutsche Börse Group, ESG, Eurex, Financial, investment, Randolf Roth
(IN BRIEF) Ørsted has given the green light for the Farranrory Onshore Wind Farm in Tipperary, marking its 22nd wind farm project in Ireland. Comprising nine wind turbines with a total capacity of 43.2 MW, the wind farm is set … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) and Skanska Financial Services AB have entered a six-year USD 75 million sustainability-linked loan agreement. This loan’s interest rate margin is tied to Skanska’s climate targets, including a 70% reduction in absolute GHG … Read the full press release
Posted in Banks, Construction, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Sweden
Tagged André Küüsvek, climate targets, construction, Key Performance Indicators, KPI, loan, NIB, reducing CO2 emissions, Skanska, Skanska Financial Services AB, sustainability-linked loan, The Nordic Investment Bank
(IN BRIEF) Europe experienced a remarkable year in offshore wind energy in 2023, witnessing a record 4.2 GW of new offshore wind farms coming online, marking a 40% increase from the previous year. Investments of €30 billion were confirmed for … Read the full press release
Posted in Belgium, Business, Economy, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Denmark, European Offshore Wind, Financial, France, Germany, investments, Poland, Positive Outlook, Spain, the Netherlands, UK, WindEurope
(IN BRIEF) The Nordic Investment Bank (NIB) launched a seven-year fixed-rate EUR 500 million Environmental Bond (NEB) on January 17th, with proceeds earmarked for environmentally beneficial projects. This issuance brings NIB’s total green bond issuance for 2024 to EUR 570 … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Finland, Investment
Tagged Credit Agricole CIB, Danske Bank, Emmanuel Smiecench, Environmental Bond, green bond, Gustav Landström, Jens Hellerup, Kim Skov Jensen, Lawrence Duquesne-Garner, Natixis, NEB, NEB issuance, NIB, Nordic Investment Bank, sustainable financing
(IN BRIEF) UniCredit has received certification from the Top Employers Institute for the eighth consecutive year, highlighting its commitment to employee well-being and excellence in HR policies. The European-level Top Employer Certification was awarded based on local certifications in Bulgaria, … Read the full press release
Posted in Awards, Banks, Business, Financial, Industrial, Investment, Italy, Management, News, Technology
Tagged Awards, Bulgaria, David Plink, Europe, Germany, Italy, Poland, SERBIA, Siobhan McDonagh, Top Employer Certifications, Top Employers Institute, UNICREDIT
(IN BRIEF) The AI Governance Alliance (AIGA) has published three significant reports addressing advanced artificial intelligence (AI) topics, including generative AI governance, responsible AI development, and deployment frameworks. AIGA, a collaborative initiative involving governments, businesses, and experts, seeks to ensure … Read the full press release
(IN BRIEF) Italian railway operator Ferrovie della Calabria (FdC) has ordered three additional hydrogen-powered narrow-gauge trains from Stadler as part of a framework agreement. These trains will run on regional and local routes in Italy’s Calabria region and are expected … Read the full press release
Posted in Environment, Industrial, Italy, Switzerland, Technology, Transportation & Logistics, Travel
Tagged Ansgar Brockmeyer, Aristide Vercillo Martino, battery-powered trains, Calabria, Ernesto Ferraro, FdC, Ferrovie della Calabria, hydrogen propulsion, hydrogen trains, hydrogenpowered trains, Italian railway operator, Maurizio Oberti, narrow-gauge trains, rail travel, rail vehicles, Stadler, trains
(IN BRIEF) TÜV Rheinland Group, a renowned third-party testing, inspection, and certification organization, has awarded its “Perceptual Color Volume” Certification to Lenovo’s new Yoga Pro 9i (16″, 9) laptop, which was unveiled at CES. This cutting-edge laptop boasts a Mini … Read the full press release
(IN BRIEF) Saint-Gobain has been awarded the prestigious “Top Employer Global” certification for the ninth consecutive year, a distinction held by only 17 companies worldwide. Claire Pedini, Senior Vice President of Human Resources and Corporate Social Responsibility at Saint-Gobain Group, … Read the full press release
Posted in Awards, Business, Construction, France, Management
Tagged certification, Claire Pedini, human resources, Saint-Gobain, Top Employer Global, Top Employers Institute
(IN BRIEF) The European Investment Bank (EIB) has invested €100 million in the inaugural issue of green social bonds by in’li, a subsidiary of the Action Logement Group focused on affordable rental housing in Île-de-France. These funds will be dedicated … Read the full press release
Posted in Banks, Business, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate
Tagged Action Logement Group, affordable housing, Ambroise Fayolle, Damien Robert, European Investment Bank, Green Social Bonds, In'li, partnership, rental housing, sustainability
(IN BRIEF) Outokumpu has successfully concluded its change negotiations, which involved the temporary restriction of ferrochrome production at its facilities in Tornio, Finland. This decision entails the closure of one ferrochrome furnace and one sintering plant until autumn 2024. Initially … Read the full press release
Posted in Business, Finland, Industrial, Management, Metals and Minerals, News
Tagged ferrochrome production, Martti Sassi, negotiations, Outokumpu
(IN BRIEF) On January 17, 2024, Outokumpu, a Finnish stainless steel manufacturer, successfully concluded its share buyback program, repurchasing a total of 281,802 of its own shares across various trading venues. The company had initiated the program on November 29, … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged acquisition, Financial, investment, Outokumpu, Share Buyback Program, treasury shares
(IN BRIEF) Norsk Hydro ASA has successfully concluded its share buyback program, which began on September 22, 2023, and concluded on February 29, 2024. The program resulted in the acquisition of a total of 31,255,117 shares, equivalent to 1.53% of … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, Media, News, Sweden
Tagged Financial, investment, Norsk Hydro, Share Buyback Program
(IN BRIEF) Saab has been awarded a contract worth approximately SEK 300 million from the Swedish Defence Materiel Administration (FMV) for its Mobile Short Range Air Defence (MSHORAD) solution. The contract, spanning 2024 to 2026, will see the deployment of … Read the full press release
(IN BRIEF) PGNiG Upstream Norway AS (PUN), a subsidiary of the ORLEN Group, has secured ten new license areas for exploration on the Norwegian Continental Shelf through the Awards in Predefined Areas (APA) for 2023. PUN will act as the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Poland
Tagged acquisition, Daniel Obajtek, License Portfolio, Norway, Norwegian Continental Shelf, ORLEN, partnership, PGNiG, Poland, sustainability
(IN BRIEF) Rheinmetall, a leading tech enterprise, has received a significant order for rocker arm bushings, engine components used in various heavy transport segment engine variants, from a renowned global vehicle manufacturer. This order, valued in the lower-two-digit million-euro range … Read the full press release
(IN BRIEF) The German Bundeswehr has awarded Rheinmetall a contract worth over €350 million to produce and deliver several hundred thousand rounds of 30mm x 173 DM21 service ammunition for the Puma infantry fighting vehicle. This contract, part of an … Read the full press release
(IN BRIEF) Denmark’s renowned beverage and home-freeze ice lolly producer, CO-RO, has selected Alfa Laval to provide a complete juice mixing plant for its processing facility in Frederikssund, Denmark. Sustainability plays a pivotal role in this collaboration, as food and … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Alfa Laval, CO-RO, Denmark, Juice Mixing Plant, Lars Dithmer, partnership, sustainability, Sweden, Søren Holm Jensen
(IN BRIEF) Evonik has introduced VISIOMER® HEMA-P 100, a groundbreaking phosphate methacrylate monomer known for its nonmigratory and long-lasting effects. This innovative monomer enhances transparency while providing flame retardancy, improved adhesion, and corrosion reduction. It serves as an effective adhesion … Read the full press release
Posted in Business, Chemicals, Financial, Germany, Industrial, Investment, Management, News, Science, Technology
Tagged Evonik, Innovative Flame Retardant Monomer, VISIOMER® HEMA-P 100
(IN BRIEF) Evonik has named Dr. Max Preisenberger as the new head of its Catalysts business line, succeeding the retired Sanjeev Taneja. Dr. Preisenberger, who previously oversaw Finance and Strategy in the Specialty Additives division, brings a strong background in … Read the full press release
Posted in Business, Chemicals, Germany, Industrial, Management, News
Tagged appointment, Dr. Max Preisenberger, Evonik, Head of Catalysts Business Line, leadership, Sanjeev Taneja
(IN BRIEF) Covestro, a leading global high-performance polymer company, has entered into a long-term supply agreement with Encina, a US-based producer of ISCC PLUS certified circular chemicals. Encina will supply Covestro with chemically recycled circular feedstock derived from post-consumer end-of-life … Read the full press release
Posted in Business, Chemicals, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Chemicals Supply, Covestro, David Roesser, Encina, Germany, partnership, sustainability, Thorsten Dreier, USA
(IN BRIEF) Maersk and Hapag-Lloyd, two major shipping companies, have unveiled a new operational collaboration named the “Gemini Cooperation,” set to commence in February 2025. The partnership aims to provide a flexible and highly reliable ocean network, with a combined … Read the full press release
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