Daily Archives: 12, February 2024

Metso Secures EUR 10 Million Contract for Copper Flash Smelting Furnace Rebuild with Aurubis Bulgaria AD

(IN BRIEF) Aurubis Bulgaria AD has contracted Metso for a significant copper Flash Smelting Furnace rebuild project in Bulgaria’s Zlatitsa-Pirdop Valley, surpassing EUR 10 million in value. This collaboration marks another milestone in the longstanding partnership between the two companies, … Read the full press release

EU-Funded Reconstruction Provides Housing for Displaced Ukrainians

(IN BRIEF) Under the “EU Support for Urgent Housing Needs for Internally Displaced Persons in Ukraine” initiative, a former boarding school dormitory in Kivertsi has been efficiently reconstructed to offer housing for displaced Ukrainians. With funding from the EU and … Read the full press release

DNV Forges Europe’s Leading Cyber Security Services Business through Mergers

(IN BRIEF) DNV, a leading assurance and risk management provider, has combined its cyber security division with two recently acquired companies – Nixu and Applied Risk – to create one of Europe’s fastest-growing cyber security services businesses. This merger brings … Read the full press release

EQT X Reaches 30-35% Investment Milestone

(IN BRIEF) EQT X has achieved a significant milestone, with expectations to be 30-35% invested based on its target fund size, subject to regulatory approvals. This development signals progress for EQT X, highlighting its commitment to strategic investments. However, it’s … Read the full press release

Iberdrola Spearheads Global Initiatives for Women in Energy Sector

(IN BRIEF) Despite comprising nearly half of the global workforce, women represent only 22% of the energy sector, with 32% involvement in renewables. Iberdrola, acknowledging this gender disparity, leads various programs across Spain, the UK, the US, Mexico, Brazil, and … Read the full press release

INEOS Inovyn Unveils Ultra Low Carbon Chlor-Alkali Range, Revolutionizing Industrial Sustainability

(IN BRIEF) INEOS Inovyn introduces a groundbreaking Ultra Low Carbon (ULC) range of Chlor-Alkali products, slashing the carbon footprint of caustic soda, caustic potash, and chlorine by up to 70% compared to industry norms. Leveraging renewable energy sources such as … Read the full press release

GSK’s Bepirovirsen Receives FDA Fast Track Designation for Chronic Hepatitis B Treatment

(IN BRIEF) GSK plc has announced that the US Food and Drug Administration (FDA) has granted Fast Track designation for bepirovirsen, an investigational antisense oligonucleotide (ASO) targeting chronic hepatitis B (CHB). The Fast Track designation aims to expedite the development … Read the full press release

Pressure Mounts: Call to Ban Amazon Lobbyists from European Parliament

(IN BRIEF) Trade unions and civil society organizations are rallying behind Members of European Parliament (MEPs) in their call to revoke Amazon lobbyists’ access to the European Parliament following the tech giant’s repeated refusal to engage with parliamentary committees regarding … Read the full press release

Telefónica Tech and HORSE Collaborate to Safeguard Valladolid Facility with Aristeo Cybersecurity Solution

(IN BRIEF) HORSE, a mobility solutions company, partners with Telefónica Tech to enhance cybersecurity at its Valladolid plant. Telefónica Tech will deploy Aristeo, a cybersecurity solution, to detect and analyze threats using real hardware. The implementation aims to strengthen HORSE’s … Read the full press release

Vodafone Business Presents Cutting-Edge Hospitality Solutions at FiturTechY 2024

(IN BRIEF) Vodafone Business, in collaboration with tech partners Eviden, Fractalia, and EcoMT, showcased innovative solutions at FiturTechY in Madrid, aimed at revolutionizing the hospitality industry. Among the highlights was a virtual assistant powered by Generative AI, acting as a … Read the full press release

Gasum Partners with Wasaline to Manage EU Allowances Portfolio

(IN BRIEF) Gasum Portfolio Services has been chosen by shipping company Wasaline to manage its EU Allowances (EUA) portfolio, following the extension of the EU emissions trading system to include the maritime sector at the beginning of 2024. This partnership … Read the full press release

Capra Robotics Enhances Autonomous Mobile Robots with Telekom IoT Services and Precise Positioning Solution

(IN BRIEF) Capra Robotics, a Danish leader in autonomous robotics, partners with Deutsche Telekom and Swift Navigation to enhance the capabilities of its mobile robots. Leveraging Telekom’s IoT network and Swift’s precise positioning technology, Capra ensures seamless connectivity and accurate … Read the full press release

Swedfund Boosts Financial Inclusion in Côte D’Ivoire with $5 Million Investment in Bridge Bank Microfinance

(IN BRIEF) Swedfund has announced a significant investment of USD 5 million in Teyliom Finance’s subsidiary, Bridge Bank Microfinance, as part of its mission to enhance financial empowerment for micro, small, and medium-sized enterprises (MSMEs) in Côte D’Ivoire. This investment, … Read the full press release

CNP Assurances and CACEIS Extend Partnership to Enhance Asset Servicing

(IN BRIEF) CNP Assurances, a prominent figure in personal and property insurance across France, Europe, and Brazil, has chosen to renew its collaboration with CACEIS, a leading European asset servicing group, following a competitive call for tenders. This renewal solidifies … Read the full press release

Ericsson and Indian Statistical Institute Forge Alliance to Advance Research in Cyber-Physical Systems

(IN BRIEF) Ericsson has signed a three-year Memorandum of Understanding (MoU) with the Indian Statistical Institute (ISI) to establish a collaborative research center for Cyber-Physical Systems (C-CPS). Under the C-CPS umbrella, Ericsson Research will collaborate with ISI on various research … Read the full press release

Glencore PLC Implements Care and Maintenance Plan for Koniambo Nickel SAS

(IN BRIEF) The shareholders of Koniambo Nickel SAS (KNS), including Société Minière du Sud Pacifique SA (SMSP) and Glencore plc, have decided to transition KNS into care and maintenance due to high operating costs and weak nickel market conditions. Glencore … Read the full press release

New Method Traces Pre-existing Resistance in Cancer Cells, Opening Doors for Targeted Therapies

(IN BRIEF) A recent study published in Nature Communications by researchers at the University of Helsinki introduces a groundbreaking methodology called ReSisTrace, designed to identify and trace pre-existing treatment resistance in cancer cells. By labeling cancer cells with genetic barcodes … Read the full press release

European Bank for Reconstruction and Development (EBRD) Appoints Burkhard Kübel-Sorger as Vice President and Chief Financial Officer

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced the appointment of Burkhard Kübel-Sorger as its new Vice President and Chief Financial Officer (CFO), effective from July 1, 2024. Mr. Kübel-Sorger brings with him a wealth of … Read the full press release

NextGen Initiative: Advancing Cardiovascular Healthcare Through AI-Personalized Therapies

(IN BRIEF) The NextGen project, funded by the EU’s Horizon Europe program with €7.6 million, has commenced in Utrecht, the Netherlands. Led by a 21-member consortium including the European Society of Cardiology, the project aims to personalize therapies for patients … Read the full press release

University of Warwick Revives XMaS Scientist Experience 2024 for Young Women in STEM

(IN BRIEF) The University of Warwick has reintroduced the XMaS Scientist Experience 2024, coinciding with International Women and Girls in Science Day, providing an exclusive opportunity for Year 12 UK Physics and STEM students who identify as female. Launched in … Read the full press release

SAP SE Nominates Pekka Ala-Pietilä as Designated Successor to Chairman Hasso Plattner

(IN BRIEF) The Supervisory Board of SAP SE has put forward Mr. Pekka Ala-Pietilä as a nominee for election to the Supervisory Board and proposed him as the designated successor to Chairman Prof. Dr. Hasso Plattner. This move comes as … Read the full press release

Outokumpu Oyj repurchased 877 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) In its latest move, Outokumpu has finalized the repurchase of its own shares as per the announced buyback program. On February 9, 2024, the company acquired 877 shares at an average price of 4.114 EUR per share, amounting … Read the full press release