(IN BRIEF) TotalEnergies has released the third edition of its Human Rights Briefing Paper as part of its dedication to prioritizing sustainability in its strategy. The paper outlines the company’s commitments to internationally recognized human rights and reference texts, such … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Government, Industrial, Law, Management, News
Tagged Aurélien Hamelle, Briefing Paper, human rights, sustainability, TotalEnergies, transparency
(IN BRIEF) Škoda Auto has commenced production of the updated Scala compact car and Kamiq city SUV at its Mladá Boleslav plant, introducing new equipment features and advanced assistant systems usually reserved for higher vehicle classes. Notably, sustainable materials are … Read the full press release
Posted in Automotive, Business, Czech Republic, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged Andreas Dick, Kamiq Models, SCALA, ŠKODA AUTO, sustainability
(IN BRIEF) Eni SpA has successfully obtained ISO 37301:2021 certification for its Compliance Management System from Italy’s leading certification body, RINA Services SpA. This recognition reinforces Eni’s commitment to promoting a culture of compliance, ethics, and sustainability within the organization. … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Industrial, Italy, Management, News
Tagged Awards, Compliance Management System, Eni, ISO 37301 Certification, Luca Franceschini
(IN BRIEF) Eni has officially confirmed its plan to build Italy’s third bio-refinery in Livorno, as part of its decarbonization strategy aiming for carbon neutrality by 2050. The project includes the construction of three new facilities for the production of … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Bio-Refinery, construction, Eni, Italy, Livorno, sustainability
(IN BRIEF) The Volkswagen Group is strengthening its Technical Development Board function in China as part of its “In China, for China” strategy. Thomas Ulbrich, former Member of the Board of Management of the Volkswagen Brand for “New Mobility,” will … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News, Technology
Tagged appointment, CHINA, Kai Grünitz, leadership, Marcus Hafkemeyer, Ralf Brandstätter, Technical Development, Thomas Ulbrich, Volkswagen Group
(IN BRIEF) Siemens Digital Industries Software has announced that INTERCHIP CORPORATION, a leading fabless semiconductor company specializing in high-precision, low-power oscillator products, utilized Siemens’ Analog FastSPICE platform and Symphony™ platform to verify its latest Voltage-Controlled Crystal Oscillator (VCXO) integrated circuit … Read the full press release
(IN BRIEF) BASF Process Catalysts has announced a strategic partnership with Envision Energy to advance the conversion of green hydrogen and CO2 into e-methanol through an innovative process design. Leveraging BASF’s cutting-edge SYNSPIRETM catalyst technology, the collaboration aims to optimize … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged BASF Process Catalysts, CHINA, Detlef Ruff, e-methanol, Envision Energy, Frank Yu, partnership, sustainability, SYNSPIRETM
(IN BRIEF) Beijer Byggmaterial, part of STARK Group, has unveiled the first phase of construction for one of Sweden’s most modern builders’ merchants, representing a substantial investment in the growth region around Gothenburg. Located strategically in Hisings Backa, near central … Read the full press release
Posted in Business, Construction, Denmark, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Retail, Sweden, Technology, Transportation & Logistics
Tagged Beijer Byggmaterial, Gothenburg, Merchants Facility, partnership, Stark group, sustainability, Sweden
(IN BRIEF) In 2023, TenneT, the transmission system operator, transmitted approximately 19.24 terawatt hours (TWh) of wind energy from the German North Sea to land, while in the Netherlands, it was 4.17 TWh. This energy could theoretically fulfill the annual … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Netherlands, News
Tagged North Sea, Tennet, Tim Meyerjürgens, wind energy
(IN BRIEF) Rheinmetall has received a substantial order from an international partner to supply components for the production of Fuchs 2 wheeled armoured vehicles at a factory in the partner country. The order, valued at a figure in the three-digit … Read the full press release
(IN BRIEF) Novonesis, the merger of Novozymes and Chr. Hansen, is now officially completed, solidifying its position as a global leader in biosolutions. With over 10,000 employees worldwide and expertise spanning 30 industries, Novonesis aims to provide biosolutions that benefit … Read the full press release
Posted in Business, Denmark, Management, Pharma & Biotech, Technology
Tagged biosolutions, Cees de Jong, Chr. Hansen, Ester Baiget, Novonesis, Novozymes, statutory merger
(IN BRIEF) Spanish engineering group Sener and Philippine architecture engineering consulting firm Fildravo have signed a memorandum of understanding (MoU) to collaborate on offshore wind projects in the Philippines. The partnership will combine Sener’s global offshore wind engineering expertise with … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Spain, Technology
Tagged architecture engineering consulting, Baltic Eagle offshore wind farm, Cagayan Special Economic Zone, CCLEX, Cebu-Cordova Link Expressway, engineering, Fildravo, Kincardine Offshore Floating Wind Farm, Offshore wind, offshore wind projects, Parc Tramuntan, Parque Tarahal, PHILIPPINES, renewable energy, SENER
(IN BRIEF) ÖBB Rail Cargo Group (RCG) is enhancing its TransFER service by introducing a direct rail connection between Linz, Duisburg, and Rotterdam, creating efficient freight transport between Austria, Germany, and the Netherlands. Rotterdam, one of the world’s largest seaports … Read the full press release
Posted in Austria, Industrial, Infrastructure & Utilities, Netherlands, Transportation & Logistics
Tagged Clemens Först, freight transport, logistics, Matthijs van Doorn, ÖBB Rail Cargo Group, Port of Rotterdam Authority, rail freight transport, rail logistics, RCG, Rotterdam, seaports, TransFER, transhipment
(IN BRIEF) Imerys, the world leader in specialty minerals for industry, has confirmed the locations for its EMILI project, aimed at lithium extraction and production for batteries. The company has chosen La Loue, in the city of Saint-Victor near Montluçon, … Read the full press release
(IN BRIEF) Tobias Nieber, currently CFO of Mytoys Group, will join the Witt-Gruppe Management Board on February 1, 2024, as part of a planned transition. He will succeed Jürgen Angstmann, the long-standing CFO/COO of Witt-Gruppe, who is set to retire … Read the full press release
Posted in Business, Germany, Management, Retail
Tagged appointment, CFO, Dr. Marcus Ackermann, Johann Kiener, Jürgen Angstmann, leadership, Mytoys Group, Patrick Boos, Stefanie Zühlke-Schmidt, Tobias Nieber, Witt-Gruppe
(IN BRIEF) Hempel has launched HEET Dynamic, a software designed to simplify intumescent coating estimations for structural engineers and estimators. It offers rapid calculations, 100% estimation accuracy, and a user-friendly interface. The software includes features like section factor calculations, default … Read the full press release
(IN BRIEF) INEOS Holdings Limited’s subsidiary, INEOS Finance plc, has initiated an offering of euro and U.S. dollar-denominated senior secured notes due 2029, aiming to raise approximately €2 billion. The proceeds from this financing will serve various purposes, including refinancing … Read the full press release
Posted in Business, Chemicals, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Financial, INEOS, investment, senior secured notes
(IN BRIEF) Wacker Chemie AG has announced a substantial year-over-year decline in its 2023 sales and earnings due to a persistently weak market environment. Preliminary figures show the company’s sales dropped by 22 percent to approximately €6.40 billion, primarily attributed … Read the full press release
Posted in Business, Chemicals, Economy, Financial, Germany, Industrial, Investment, Management, News
Tagged Christian Hartel, Decline in Sales, Earnings 2023, Financial, investment, Wacker Chemie
(IN BRIEF) EY has teamed up with Reveal to enhance its eDiscovery and data analytics services. This partnership combines Reveal’s eDiscovery and Document Analytics platform with EY’s domain expertise to offer clients faster and more cost-effective solutions for managing litigation … Read the full press release
Posted in Business, Management, Technology, United Kingdom
Tagged Advanced Data Discovery, AI, data analytics, Document Analytics, eDiscovery, Ernst & Young GmbH, EY, EY LLP, legal, Legal tech, litigation, Meribeth Banaschik, regulatory data, regulatory requirements, Reveal, Todd Marlin, Wendell Jisa
(IN BRIEF) GSK has received marketing authorization from the European Commission for Omjjara (momelotinib), an oral inhibitor targeting JAK1/JAK2 and activin A receptor type 1 (ACVR1). Omjjara is the first approved treatment in the EU for disease-related splenomegaly (enlarged spleen) … Read the full press release
Posted in Business, Education, Financial, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged Francesca Palandri, GSK, Myelofibrosis Treatment, Nina Mojas, Omjjara, splenomegaly
(IN BRIEF) GSK has submitted a regulatory application to the European Medicines Agency (EMA) to expand the use of its adjuvanted recombinant respiratory syncytial virus (RSV) vaccine to adults aged 50-59 who are at increased risk for RSV disease. The … Read the full press release
Posted in Business, Education, Financial, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged Adults Aged 50-59, COPD, GSK, NCT05590403, RSV Vaccination, vaccine
(IN BRIEF) Holcim’s Board of Directors has named Miljan Gutovic as the new Chief Executive Officer (CEO), effective from May 1, 2024, succeeding the current CEO Jan Jenisch, who will concentrate on his role as chairman and lead the planned … Read the full press release
Posted in Business, Construction, Industrial, Management, News, Switzerland
Tagged appointment, CEO, Chairman Role, holcim, Jan Jenisch, leadership, Miljan Gutovic
(IN BRIEF) BT Group has unveiled plans to hire more than 500 apprentices and graduates for its September 2024 intake, spanning various roles such as software engineering, customer service, applied research, data analytics, and cyber-security. These recruits will contribute to … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Management, Media, News, Technology, Telecom, United Kingdom
Tagged apprentices, BT Group, Digital Advancements, Elaine Bergin, graduates, recruitment, UK
(IN BRIEF) Paris-based Capgemini has announced its successful collaboration with the Auto Club Group (ACG) in migrating its core insurance processing applications to Google Cloud. This strategic move enables ACG to simplify its IT infrastructure, optimize operations, and improve application … Read the full press release
Posted in Business, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Auto Club Group, Capgemini, Google Cloud, Madhu Nandagiri, MIGRATION, Nigel Walsh, partnership, Shane Cassidy
(IN BRIEF) Neste has joined forces with PVG, a leading European home climate solutions provider, to introduce a sustainable heating liquid for portable fuel heaters. The co-processed odorless heating kerosene from Neste offers consumers a cleaner alternative to fossil-based heating … Read the full press release
(IN BRIEF) E. Merck KG, representing the Merck family’s interests in Merck KGaA, has disclosed the results of its regular board elections. Johannes Baillou, with 30 years of board experience at E. Merck KG, has been elected as Chairman of … Read the full press release
Posted in Business, Germany, Healthcare, Industrial, Management, News, Pharma & Biotech, Science, Technology
Tagged André Wyss, appointment, Carl Christoph Schweickert, Dr Wolfgang Büchele, Dr. Daniel Thelen, Dr. Frank Stangenberg-Haverkamp, Dr. Katharina Kraft, Dr. Susanne Schaffert, E. Merck KG, Family Board Elections, Johannes Baillou, leadership, Merck, Michael Kleinemeier, Professor Dr. Simon Thelen
(IN BRIEF) Merck, a leading science and technology company, has inaugurated the Merck Digital Hub in Singapore, its first digital hub outside of the US and Europe. Supported by the Singapore Economic Development Board (EDB), the hub aims to accelerate … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Athinia™, Digital Hub, Healthcare, Laura Matz, Merck, partnership, Semiconductor Innovation, Singapore, Singapore Economic Development Board (EDB), sustainability, Syntropy™, Wan Yee Goh
(IN BRIEF) Holcim plans to list its North American business in the US, creating a leading pure-play building solutions company. The listed business aims to focus on long-term growth in the North American market and unlock value for stakeholders. Jan … Read the full press release
Posted in Business, Construction, Industrial, Investment, Management, Switzerland
Tagged Arps, Bär & Karrer AG, construction, Goldman Sachs International, holcim, infrastructure, Jan Jenisch, Meagher & Flom LLP, Perella Weinberg Partners, Skadden, SLATE, sustainable building solutions, Swiss Market Index
(IN BRIEF) The Swedish Transport Administration has enlisted the services of AFRY and WSP to develop a railway plan for the Skellefteå – Degerbyn section of the North Bothnia Line, a significant 270-kilometer coastal railway project connecting Umeå and Luleå. … Read the full press release
(IN BRIEF) ABN AMRO has successfully secured €250 million in financing from the European Investment Bank (EIB), which will be matched by the bank itself, resulting in a total of €500 million in new loans available to Dutch businesses. This … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Netherlands, News, Small Business
Tagged ABN Amro, Dutch Businesses, EIB, Financial, Fred Bos, investments, Kris Peeters, partnership, SMEs, sustainability
(IN BRIEF) Ericsson, the global telecommunications technology company, has appointed Chafic Nassif as its new Head of Market Area North East Asia and Senior Vice President. Currently leading Ericsson’s Customer Unit Latin America North, Nassif will succeed Chris Houghton, who … Read the full press release
(IN BRIEF) Telia and Danfoss Leanheat have teamed up to introduce an innovative heating optimization solution in Finland. By installing Telia’s Indoor Climate Monitoring sensors in apartments, gathering indoor data, and connecting it to a cloud service for analysis, the … Read the full press release
Posted in Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, Sweden, Technology, Telecom
Tagged Danfoss Leanheat, energy consumption, energy optimization, Finland, heating optimization, Indoor Climate Monitoring sensors, Kimmo Ahvenlampi, Lauri Hiekkanen, smart building solutions, Telia, Telia Heating Optimization
(IN BRIEF) LEGO House in Billund, Denmark, has launched a new experience in collaboration with the LEGO Group’s ‘Build the Change’ initiative, commencing the 2024 season with an innovative twist. This interactive activity, developed over a year, aims to engage … Read the full press release
Posted in Business, Construction, Denmark, Education, Entertainment, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged 'Build the Change', Interactive, Kathrine Kirk Muff, LEGO, LEGO House, partnership, play, sustainability, Søren Bering Andersen
(IN BRIEF) On January 26, 2024, Outokumpu successfully concluded its share repurchase program, acquiring a total of 266,213 of its own shares across various trading venues, with a total cost of EUR 1,073,521.31. This initiative, which began following the announcement … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged acquisition, Financial, investment, Outokumpu, share repurchase program, shares
(IN BRIEF) International technology group ANDRITZ and tissue producer Softys Peru have joined forces to create an innovative hybrid Yankee hood heating system, marking an industry-first achievement. This system allows for a flexible combination of electric and natural gas heating, … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has committed a €40 million loan to Eldrive Holding GmbH, based in Austria, to establish 8,472 electric vehicle (EV) charging stations across Bulgaria, Lithuania, and Romania over the next three years. This project … Read the full press release
Posted in Austria, Automotive, Banks, Bulgaria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Romania, Technology
Tagged Austria, Bulgaria, clean mobility, Eastern Europe, EIB, Eldrive Holding GmbH, EV charging stations, installation, Kyriacos Kakouris, Lithuania, partnership, Romania, Stefan Spassov, sustainability
(IN BRIEF) Ericsson has inked two funding agreements with the European Investment Bank (EIB) totaling €420 million, with an initial disbursement of €250 million in December 2023. These loans will bolster Ericsson’s financial position and support its research, development, and … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Sweden, Technology, Telecom
Tagged 5G technology, Carl Mellander, EIB, energy efficiency, Ericsson, funding, partnership, sustainability, Thomas Östros
(IN BRIEF) Boels Rental has entered into a €100 million lending agreement with the European Investment Bank (EIB) to advance its decarbonization efforts in the rental machinery and equipment sector. This partnership is expected to serve as a model for … Read the full press release
Posted in Banks, Business, Construction, Electronics & Machinery, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Netherlands, News
Tagged Boels Rental, decarbonization, EIB, Electrify Rental Machinery, financing, Kris Peeters, Netherlands, partnership, Pierre Boels, sustainability
(IN BRIEF) The U.S. Food and Drug Administration (FDA) has granted approval for Dupixent® (dupilumab) to treat pediatric patients aged 1 to 11 years, weighing at least 15 kg, who suffer from eosinophilic esophagitis (EoE). Dupixent is now the first … Read the full press release
Posted in Business, Education, Financial, France, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged dupilumab, Dupixent, Eosinophilic Esophagitis (EoE) Treatment, FDA approval, George D. Yancopoulos, Naimish Patel, pediatric, Regeneron, Sanofi
(IN BRIEF) Fortum’s efficiency program, launched in November 2023, has prompted discussions regarding potential job reductions within the Fortum Consumer Solutions business unit and the IT unit. Approximately 1,080 employees across Finland, Sweden, Norway, and the IT unit in Poland … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Finland, Industrial, Infrastructure & Utilities, Management, News
Tagged change negotiations, Fortum, job reductions
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