Daily Archives: 24, January 2024

Telefónica Embraces Helium Mobile Hotspots to Extend Network Reach in Mexico

(IN BRIEF) Telefónica, a leading telecommunications provider, has collaborated with Nova Labs to introduce Helium Mobile Hotspots in Mexico. This initiative aims to extend Telefónica’s network coverage, enable mobile data offloading to the Helium Mobile Network, and enhance mobile service … Read the full press release

Europe’s Largest Solar Panel Gigafactory, 3Sun, Secures €560 Million to Boost Clean Energy Production

(IN BRIEF) 3Sun, a photovoltaic cell and module production gigafactory owned by Enel Green Power, has successfully obtained a substantial financial package of 560 million euros to expand its production capacity, making it the largest solar factory in Europe with … Read the full press release

Wienerberger Invests in eFriends to Promote Solar Energy and Decentralized Energy Sharing

(IN BRIEF) Wienerberger, a full-range provider of photovoltaic roof solutions, is investing in eFriends, a decentralized energy-sharing platform that allows users to share self-produced solar power in real-time via a mobile app. This initiative aligns with the EU’s goal to … Read the full press release

Outokumpu Completes Share Repurchase Program, Acquiring 195,429 Shares; Total Treasury Shares Now at 29,493,887

(IN BRIEF) On January 23, 2024, Outokumpu successfully concluded its share repurchase program, acquiring a total of 195,429 of its own shares across different trading venues at weighted average prices ranging from EUR 3.955 to EUR 3.9669 per share, resulting … Read the full press release

Thales Collaborates with Quantinuum to Launch PQC Starter Kit for Quantum-Resilient Encryption

(IN BRIEF) Thales, a global technology and security provider, has unveiled the PQC Starter Kit in partnership with Quantinuum, offering enterprises a groundbreaking solution to prepare for the era of Post-Quantum Cryptography (PQC). This kit provides a secure environment for … Read the full press release

Thales Recognized as a Top Employer for Young Canadians in 2024

(IN BRIEF) In the 2024 Canada’s Top 100 Employers competition, Thales has been acknowledged as a top employer for young Canadians. Thales is dedicated to nurturing the next generation of talent by offering co-op and internship opportunities, an expanding program … Read the full press release

Thales and Caju Join Forces for Sustainable Payment Solutions in Brazil

(IN BRIEF) Thales, a global technology and security leader, has partnered with Brazilian technology firm Caju to offer sustainable card solutions to reduce environmental impact. Thales will provide Caju with sustainable cards made from recycled PVC material, aiming to minimize … Read the full press release

Valio’s Restructuring Plan: Change Negotiations Impacting Key Functions and Jobs

(IN BRIEF) Valio, a Finnish dairy company, is initiating change negotiations affecting its Finnish headquarters functions and factory services. The negotiations involve around 1,170 employees and will address potential dismissals and material changes to employment terms, including job description and … Read the full press release

Spanish Companies Collaborate on World’s First Hydrogen-Powered High-Speed Train Project

(IN BRIEF) Ten Spanish companies are joining forces for the groundbreaking Hympulso project, aiming to develop a renewable hydrogen fuel cell-based propulsion system for a high-speed train. Led by Talgo, the initiative includes partners like Golendus, Ingeteam, Repsol, Sener, and … Read the full press release

PNE Group Continues to Advance its Wind Energy Expansion in Germany

(IN BRIEF) PNE Group has commissioned and added two new wind farms in Schleswig-Holstein, Germany, with a combined rated output of 21.6 MW to its renewable energy portfolio. The wind farms are located in Hamwarde and near Stuvenborn and consist … Read the full press release

SCC Bolsters Cybersecurity Commitment by Joining Microsoft’s Intelligent Security Association

(IN BRIEF) SCC, a European technology solutions and services firm, has joined the Microsoft Intelligent Security Association (MISA) to enhance its commitment to cybersecurity excellence. This membership was earned through SCC’s Managed Extended Detection and Response (MXDR) solution, which combines … Read the full press release

Sustainable Transit in Basque: Kapsch TrafficCom’s Traffic Signal Priority Systems Improve Public Transport in Vitoria-Gasteiz

(IN BRIEF) Kapsch TrafficCom has successfully implemented traffic signal priority systems for public transport in Vitoria-Gasteiz, a city in the Basque region with approximately 250,000 inhabitants. This initiative aims to enhance sustainable mobility in the city. Kapsch TrafficCom’s technology is … Read the full press release

Enea Releases Report on Mobile Device Tracking in Modern Warfare, Highlighting Risks and Implications

(IN BRIEF) In its groundbreaking report, “Location Tracking on the Battlefield: Phones Under Fire,” Enea provides a comprehensive overview of various methods employed to gain military intelligence through tracking mobile devices on the battlefield, focusing on Ukraine. The report addresses … Read the full press release

MEA Logistics Boost: DHL Global Forwarding Integrates Danzas AEI Emirates Operations

(IN BRIEF) DHL Global Forwarding has successfully completed the acquisition of shares in Danzas AEI Emirates, rebranding all facilities under the DHL name. This integration not only changes the logo and name but also strengthens operational capabilities by incorporating 1,100 … Read the full press release

MAN’s Electric Lion eTruck Almost Sold Out with 700 Orders in 3 Months

(IN BRIEF) In just over three months since its sales launch, the limited edition of MAN’s 2024 model year electric lion eTruck designed for long-distance transport is nearly sold out, with 700 orders and order requests received. Large-scale production is … Read the full press release

Lufthansa Group Selects EAN by Viasat and Deutsche Telekom for Seamless In-Flight Broadband

(IN BRIEF) Lufthansa Group has partnered with Viasat and Deutsche Telekom to equip over 150 aircraft with the European Aviation Network (EAN), delivering high-speed in-flight internet access for passengers flying with Lufthansa, SWISS, and Austrian Airlines. EAN combines satellite coverage … Read the full press release

Ericsson Names Lars Sandström as CFO to Drive Financial Leadership and Innovation

(IN BRIEF) Ericsson has appointed Lars Sandström as its Chief Financial Officer (CFO), Senior Vice President, and Head of Group Function Finance, effective from April 1, 2024. Sandström, currently the CFO of Getinge, a global leader in Medtech, brings a … Read the full press release

T-Systems Becomes Premium Supplier for RISE with SAP, Offering Cloud Transformation Solutions

(IN BRIEF) T-Systems, a prominent IT services provider, has been designated as a premium supplier for “RISE with SAP,” becoming the first SAP partner in Germany to offer a comprehensive suite of services, including infrastructure, technical managed services, business transformation, … Read the full press release

Barco Unveils ClickShare Bar, Revolutionizing Video Conferencing in Meeting Rooms

(IN BRIEF) Barco, a leading player in meeting room technology, has introduced the ClickShare Bar, an innovative video bar designed for small to medium-sized meeting rooms. This all-in-one device combines high-quality audio and video capabilities, offering a seamless wireless conferencing … Read the full press release

Former Head of Dutch Representation in Brussels to Join EIB Management Committee

(IN BRIEF) Robert de Groot, the former head of the Dutch Permanent Representation in Brussels, has been appointed as the new Vice-President of the European Investment Bank (EIB). He will assume his role on February 1, 2024, succeeding outgoing Vice-President … Read the full press release

Ahlstrom Invests in Molecular Filtration Media Production Line to Enhance Air Quality Solutions

(IN BRIEF) Ahlstrom is reinforcing its position as a leader in the global filtration industry by investing in a new production line for molecular filtration media in Turin, Italy. With a focus on improving air quality in closed environments like … Read the full press release

Ahlstrom Introduces PureLid™: Innovative Fiber-Based Lid for Sustainable Coffee Capsules

(IN BRIEF) Ahlstrom, a leading provider of sustainable specialty materials, has unveiled PureLid™, a revolutionary fiber-based lid for single-serve coffee capsules aimed at supporting the coffee industry’s sustainability efforts. PureLid™ offers a high-performing, home-compostable alternative to aluminum or plastic lids … Read the full press release

Savills Appoints Olivia Sutcliffe to Bolster Social Value Team and Advance Community Impact

(IN BRIEF) Savills has welcomed Olivia Sutcliffe as an Associate in its Social Value team, reinforcing the firm’s commitment to expanding its Savills Earth services. Olivia, a recognized leader in social value, brings a wealth of experience, having previously served … Read the full press release

Infineon and Wolfspeed’s Prolonged Alliance Boosts Silicon Carbide Supply for Sustainable Solutions

(IN BRIEF) Infineon Technologies and Wolfspeed, Inc. have announced the expansion and extension of their long-term 150mm silicon carbide wafer supply agreement. The partnership includes a multi-year capacity reservation agreement and aims to ensure a stable supply chain for silicon … Read the full press release

Saab Secures $101.7 Million Boeing Contract for T-7A Aft Fuselage Systems

(IN BRIEF) Saab has been awarded a contract worth USD 101.7 million by Boeing to manufacture T-7A aft fuselage systems. These systems will be produced at Saab’s advanced manufacturing facility in West Lafayette, Indiana. The contract follows the successful delivery … Read the full press release

Continental Leads Tire Industry in Sustainability with Innovative Technologies

(IN BRIEF) Continental, a leading international tire manufacturer, is at the forefront of sustainability in the industry. The company has integrated sustainable materials like recycled PET and rice husk ash silica from its Conti GreenConcept concept tire into its series … Read the full press release

Coordinated Action Targets Illegal Exports to Russia; Three Suspects Arrested

(IN BRIEF) Eurojust and Europol supported a joint operation by Dutch, German, Latvian, Lithuanian, and Canadian authorities targeting alleged violations of export sanctions to Russia. During the operation, three suspects were apprehended, and 14 locations were searched as part of … Read the full press release

Georgia’s Food Alliance Flourishes with EBRD and EU Support

(IN BRIEF) Food Alliance, a Georgian frozen pastry producer, has received support from the European Bank for Reconstruction and Development (EBRD) and the European Union (EU) through the EU4Business-EBRD Credit Line in Georgia since 2017. This assistance includes modern equipment, … Read the full press release