Monthly Archives: January 2024

BASF Announces Leadership Changes in Nutrition and Health Divisions

(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

Aviva Research Highlights Need for Greater Awareness of Healthy Lifestyles and Cancer Prevention

(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

Port of Rotterdam Enhances Container Leadership with Hanna Stelzel’s Appointment

(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

Škoda Auto Expands into Brunei Market, Aiming for 4% Market Share in 5 Years

(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

NET Initiative: Port of Rotterdam Takes Steps to Solve Grid Congestion

(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

EIF Signs €2 Billion Guarantee Agreements to Boost SMEs and Green Transition in Bulgaria

(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

Central Asian Entrepreneurs Embrace Green Initiatives with EBRD Support

(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

European Investment Bank (EIB) Issues EUR 3 Billion 15-Year Bond Amid Strong Demand

(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

CEOs Express Confidence in Revenue Growth and M&A Opportunities Amidst Global Economic Challenges

(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

Sustainable Castor Initiative ‘Pragati’ Marks Seven Years of Success in India

(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

DNV’s Expertise Fuels Financing Success for MYTILINEOS S.A.’s Chilean Solar Power Projects

(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

Heidelberg Materials Launches evoBuild, a Global Brand for Sustainable Building Products

(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

ING Repurchases Nearly 3.9 Million Shares in Ongoing €2.5 Billion Buyback Program

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(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

EIF Commits €60 Million to Future Energy Ventures Fund I for Sustainable Energy Innovation

(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

Swiss Companies Coop and Emmi Unveil Innovative PET Bottles for Dairy Packaging

(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

EIB Invests €150 Million in Germany’s Lusatia for Social and Green Transformation

(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

Ocean Winds’ Moray West Wind Farm Powers Amazon’s Renewable Energy Ambitions

(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

Outokumpu Oyj repurchased 315,800 own shares as part of its share buyback program

(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

Yuen Foong Yu Enhances Global Competitiveness with State-of-the-Art Tissue Production Line

(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

Logicor Expands Its Presence in Italy with Sustainable Warehouse Development in Rolo

(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