Daily Archives: 20, January 2024

Altor Raises Largest-Ever Fund at EUR 3 Billion, Focuses on Green Transition Investments

(IN BRIEF) Altor has successfully closed Altor Fund VI at its hard cap of EUR 3 billion, marking the firm’s largest fund to date. With a track record of strong performance, including a 29% gross IRR and 3.0x money multiple … Read the full press release

Executives Discuss Software Supremacy and AI’s Transformative Power at World Economic Forum

(IN BRIEF) At the World Economic Forum’s Annual Meeting 2024, top-tier C-suite executives from Europe and MENA gathered to explore the shift from hardware to software in industries. Hosted by Roland Berger and Creative Dock, the event featured Renata Jungo … Read the full press release

Terna to Inform Citizens of Ferrara About Electricity Grid Restructuring Project

(IN BRIEF) On January 24th, Terna will host an information session at the Giorgio Bassani Library in Ferrara to present the upcoming restructuring of the city’s electricity grid. The project involves replacing overhead lines with underground cables, constructing a new … Read the full press release

Bang & Olufsen Unveils High-End Home Integration Portfolio at ISE 2024

(IN BRIEF) At Integrated Systems Europe (ISE) 2024, Bang & Olufsen is showcasing its latest high-end product and home integration portfolio, focusing on its new high-end cinematic range, including the powerful Beosound Theatre soundbar, Beolab 28 wireless stereo loudspeaker, and … Read the full press release

RWE’s Agrivoltaics Plant in Germany Begins Green Electricity Supply

(IN BRIEF) RWE’s agrivoltaics (Agri-PV) plant in Germany, which integrates power generation and agriculture, has commenced the supply of green electricity to the grid after a rapid five-month construction period. Located on approximately seven hectares of recultivated land near the … Read the full press release

Siemens Mobility to Deliver 70 Innovative Mireo Trains to Austrian Federal Railways (ÖBB)

(IN BRIEF) Austrian Federal Railways (ÖBB) has placed an order for 70 trains with Siemens Mobility as part of a framework agreement secured in 2023. These trains, based on the Mireo platform, will be delivered in three different versions starting … Read the full press release

Nestlé Introduces KitKat Made with Cocoa from Its Income Accelerator Program

(IN BRIEF) Nestlé has launched a new KitKat made with cocoa mass from beans grown by farmer families participating in the company’s income accelerator program. The initiative, aimed at addressing the living income gap of cocoa-farming families and reducing child … Read the full press release

Telefónica Prepares to Celebrate 100 Years with Centenary Initiatives

(IN BRIEF) Telefónica is gearing up to celebrate its 100th anniversary with a series of initiatives and events throughout 2024, culminating around April 19, the date marking 100 years since the establishment of the Compañía Telefónica Nacional de España (CTNE). … Read the full press release

RWE AG’s Nomination Committee Identifies Succession Candidates for Supervisory Board Members

(IN BRIEF) RWE AG’s Nomination Committee has announced its succession candidates to replace departing members of the Supervisory Board in May 2024. Professor Dr. Hans-Peter Keitel, Dr. Erhard Schipporeit, and Ullrich Sierau will step down from the board after the … Read the full press release

Vespa Unveils Limited-Edition Vespa 946 Dragon and Dragon Varsity Jacket for Lunar New Year Celebration

(IN BRIEF) Vespa, the iconic Italian scooter brand, introduces a limited-edition Vespa 946 Dragon and matching Dragon Varsity Jacket in honor of the Year of the Dragon. The Vespa 946 Dragon, produced in a limited run of 1888 units, showcases … Read the full press release

Saint-Gobain’s Team of Olympic and Paralympic Athletes Gathers for Ambitious Goals

(IN BRIEF) On January 4th, Saint-Gobain, the Official Supporter for renovation and sustainable construction solutions of the Paris 2024 Olympic and Paralympic Games, brought together its Team of athletes, #AimingHigher, at the “Maison du Handball.” The athletes, including Luc Abalo … Read the full press release

Iberdrola’s Chairman Advocates Energy Storage and Local Community Involvement for Renewable Expansion at Davos Forum

(IN BRIEF) Ignacio Galán, the Executive Chairman of Iberdrola, stressed the significance of energy storage in accelerating investments in renewables during his participation in the Davos Forum session on tripling renewables. Galán emphasized the need for investments in electricity distribution … Read the full press release

Japan Approves Voydeya (danicopan), an Innovative Treatment for Paroxysmal Nocturnal Haemoglobinuria (PNH)

(IN BRIEF) The Japanese Ministry of Health, Labour and Welfare (MHLW) has granted approval for Voydeya (danicopan), a groundbreaking oral Factor D inhibitor, for the treatment of paroxysmal nocturnal haemoglobinuria (PNH). Voydeya is indicated in Japan for use in combination … Read the full press release

VINCI Renews Partnership with INSA Foundation to Foster Humanist Engineering and Promote Diversity in Education

(IN BRIEF) VINCI, one of the founding sponsors of the INSA Foundation (Institut national des sciences appliquées), has extended its partnership for an additional three years to support INSA’s humanist engineer model. This collaboration includes funding the national host scholarship … Read the full press release

Saab Chief Test Pilot Begins Historic Space Journey to ISS, Paving the Way for Swedish Space Research

(IN BRIEF) Saab’s Chief Test Pilot, Marcus Wandt, embarked on a historic journey from the Kennedy Space Center to the International Space Station (ISS) as part of a project co-financed by Saab to bolster Sweden’s role in space research and … Read the full press release

SEB Joins Investment in Copenhagen Energy Islands for Offshore Renewable Energy Expansion

(IN BRIEF) SEB has announced its investment in Copenhagen Energy Islands, a new development company by Copenhagen Infrastructure Partners (CIP), dedicated to creating energy islands globally. These large-scale offshore energy hubs are poised to play a crucial role in the … Read the full press release