Daily Archives: 20, February 2024

Evonik to Introduce New Class of rPEG Lipids for Enhanced Immunogenicity in Drug Delivery

(IN BRIEF) Evonik has partnered with the University of Mainz to commercialize a new class of polyethylene glycols (PEGs) called randomized polyethylene glycols (rPEGs). These rPEGs will be integrated into Evonik’s specialized lipid platform for drug delivery in nucleic acid-based … Read the full press release

DNV’s ReWind Pilot Demonstrates Cost and Time Savings in Wind Turbine Decommissioning

(IN BRIEF) DNV has successfully piloted ReWind, a digital service aimed at enhancing the sustainability of wind turbine decommissioning. The pilot involved seven customers across seven countries, resulting in significant time and cost savings compared to traditional methods. ReWind automates … Read the full press release

Kapsch TrafficCom Implements MLFF Tolling System on Vital French Highways

(IN BRIEF) Kapsch TrafficCom has been awarded a tolling contract by APRR (Autoroutes Paris-Rhin-Rhône) to implement a Multi-Lane Free Flow (MLFF) tolling system on key autoroutes in France. This project involves installing nearly 30 gantries along approximately 430 kilometers of … Read the full press release

Tech Advancements: Thales Establishes Avionics and Cybersecurity Hub in Singapore

(IN BRIEF) Thales is expanding its presence in Singapore by establishing a Centre of Excellence for avionics and Digital Identity & Security engineering footprint. These initiatives, in collaboration with the Singapore Economic Development Board, aim to strengthen Thales’ position as … Read the full press release

Exploring Mars from Earth: Thales Alenia Space’s MARSBalloon Initiative Takes Flight

(IN BRIEF) Thales Alenia Space launches MARSBalloon 2024, a hands-on science project for primary and secondary students, aiming to spark interest in space exploration and science careers. Students design experiments to test various materials and conditions in a simulated Mars … Read the full press release

Skanska to Construct Sustainable Residential and Commercial Complex in Gothenburg’s Masthuggskajen

(IN BRIEF) Skanska has entered into an agreement with Elof Hansson Fastigheter and Riksbyggen to develop a new residential block and commercial premises at Masthuggskajen in Gothenburg, Sweden, with a contract valued at approximately SEK 340 million. The project encompasses … Read the full press release

E.ON Unveils Strategic Brand Realignment to Champion Sustainable Energy Future

(IN BRIEF) E.ON, a prominent energy company, is undergoing a strategic brand realignment to reflect its active role in driving the energy transition towards sustainability. The new brand positioning emphasizes E.ON’s commitment to shaping Europe’s sustainable energy future and taking … Read the full press release

Skanska and Obos Invest NOK 1.1 Billion in Sustainable Residential Block in Fornebu, Norway

(IN BRIEF) Skanska, in partnership with Obos, announces a NOK 1.1 billion investment in a new residential block in Fornebu, Norway, with Skanska’s share amounting to NOK 555 million. The construction contract, valued at NOK 533 million, will be executed … Read the full press release

Accenture Boosts AI-Powered Customer Insights with GemSeek Acquisition

(IN BRIEF) Accenture (NYSE: ACN) has announced its acquisition of GemSeek, a prominent player in customer experience analytics, as part of its ongoing investment in data and AI capabilities through Accenture Song. GemSeek, founded in 2011, brings advanced analytics expertise … Read the full press release

Innovative Network Expansion: Vodafone Unveils Open RAN Sites in 20 Romanian Cities

(IN BRIEF) Vodafone is deploying Open Radio Access Network (RAN) sites across 20 cities in Romania, building on successful trials in Europe and commercial deployment in the UK. Open RAN offers a more flexible and innovative approach to mobile networking, … Read the full press release

Innovative Vehicle Security: trinamiX and Continental Showcase Face Authentication at MWC

(IN BRIEF) trinamiX GmbH and Continental unveil innovative Face Authentication technology for vehicles at the Mobile World Congress. The system offers secure, contactless vehicle access and ignition via biometric user authentication, seamlessly integrated into the B-pillar and driver display. It … Read the full press release

Vectron Locomotives: Railpool’s Strategic Investment with Siemens Mobility

(IN BRIEF) Railpool and Siemens Mobility have entered into a significant agreement for the delivery of up to 250 locomotives, with Railpool initially calling up 70 Vectron locomotives. These locomotives, including multisystem and AC variants, will enhance Railpool’s operational flexibility … Read the full press release

Art Meets Technology: Volkswagen Group Elevates Dialogue on Digitalization and AI in Art with Two-Year Partnership

(IN BRIEF) The Volkswagen Group has partnered with the KW Institute for Contemporary Art in Berlin for a two-year project called “KW Digital: Poetics of Encryption.” This initiative explores the impact of digitalization and artificial intelligence on art and society. … Read the full press release

Philips Nominates New Members to Supervisory Board, Continues Focus on Healthcare Innovation

(IN BRIEF) Royal Philips, a prominent player in health technology, proposes the re-appointment of Chairman Feike Sijbesma and Peter Löscher to its Supervisory Board, along with the appointment of Benoît Ribadeau-Dumas as a new member. The nominations, to be voted … Read the full press release

Outokumpu Oyj repurchased 2,744 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, concluded its share buyback program initiated in November 2023, purchasing a total of 2,744 shares across trading venues. The company had authorized a maximum buyback of 11 million shares with a budget … Read the full press release

EIF and BT Microfinantare IFN Expand InvestEU Microfinance Guarantee for Romanian Entrepreneurs

(IN BRIEF) The European Investment Fund (EIF) and BT Microfinantare IFN (BT Mic) have reinforced their commitment to the InvestEU Microfinance, Social and Skills Guarantee Product, aiming to provide financial support to 10,000 microenterprises across various sectors, including agriculture, in … Read the full press release

EBRD and Shinhan Bank Kazakhstan Finance Expansion of Atakent Business Hub in Almaty

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) collaborates with Shinhan Bank Kazakhstan (SBK) to support the expansion of Kazakhstan’s prominent conference hub, the Atakent Business Cooperation Centre in Almaty. Through a KZT 3 billion (US$ 6.6 million) … Read the full press release

EIB Global Supports Vlašić Wind Farm with €36 Million Loan as Part of Green Transition in Bosnia and Herzegovina

(IN BRIEF) The European Investment Bank (EIB) Global has pledged €36 million for the construction of the Vlašić wind farm in Bosnia and Herzegovina, supplementing the €21 million EU grant. Expected to generate 115 GWh/year of electricity and displace 140,000 … Read the full press release

Rheinmetall to Establish Ammunition Plant in Ukraine, Strengthening Defense Partnership

(IN BRIEF) Europe’s leading ammunition manufacturer, Rheinmetall, has announced plans to open a new plant in Ukraine through a joint venture with a local partner, aiming to produce a significant quantity of 155mm caliber bullets annually. The memorandum of understanding, … Read the full press release

thyssenkrupp Steel Partners with RWE to Power Direct Reduction Plant with Green Electricity

(IN BRIEF) thyssenkrupp Steel and RWE have entered into a significant long-term Power Purchase Agreement (PPA) to supply green electricity to the first direct reduction plant at the Duisburg location, marking a pivotal step in the tkH2Steel transformation project. The … Read the full press release

INEOS Inovyn Partners with PerPetum Energy & Green4Power to Build Belgium’s Largest Solar Farm

(IN BRIEF) INEOS Inovyn, in collaboration with PerPetum Energy and Green4Power, is constructing one of Belgium’s largest solar farms at its Jemeppe site, with a capacity of 60MW. Scheduled to be operational by July 2024, the solar farm will exclusively … Read the full press release

Savills Appoints Ollie Saunders as Head of Self Storage, Strengthening Operational Capital Markets Team

(IN BRIEF) Savills has announced the appointment of Ollie Saunders as its new Head of Self Storage, based at the firm’s Margaret Street head office in London. With nearly three decades of experience, Ollie brings extensive expertise in the European … Read the full press release

Siemens Unveils Innovative Solutions for Sustainable Building Technology at MCE 2024

(IN BRIEF) Siemens Smart Infrastructure will showcase its innovative and sustainable heating, cooling, and ventilation solutions at the Mostra Convegno Expocomfort (MCE) trade show in Milan from March 12 to 15. Among the highlights is the MVL702 magnetic expansion valve, … Read the full press release

Telefónica Unveils New Open Innovation Strategy at 4YFN Event

(IN BRIEF) Telefónica announces its new open innovation strategy at the ‘Four years from now’ (4YFN) event, coinciding with the Mobile World Congress in Barcelona. Wayra, the company’s primary open innovation initiative, will evolve to encompass all startup investment initiatives … Read the full press release

Vodafone Business and vcita Partner to Empower SMEs with Productivity App

(IN BRIEF) Vodafone Business collaborates with vcita, a leading business management software provider, to introduce the Vodafone Business Management tool with vcita. Aimed at small and medium-sized enterprises (SMEs), the app offers an affordable and secure solution to enhance productivity, … Read the full press release

T-Systems Unveils Tailored AI Strategy Consulting Packages for Companies

(IN BRIEF) T-Systems, through its advisory subsidiary Detecon, introduces AI strategy consulting services available in three formats—S, M, or L—tailored to the maturity level of companies. These offerings, part of the “Rethink the System” campaign, facilitate companies’ AI journey by … Read the full press release

Deutsche Telekom Showcases “Connecting your world” Promise at MWC 2024 with AI Premiere and Soccer Excitement

(IN BRIEF) Deutsche Telekom’s presence at Mobile World Congress (MWC) 2024 revolves around its brand claim “Connecting your world,” emphasizing innovation, entertainment, and brand immersion. At the heart of their exhibit is “Telekom Super Soccer,” an interactive 3D LED installation … Read the full press release

T-Systems Expands Cloud Footprint with Twin Data Centers in Catalonia

(IN BRIEF) T-Systems has inaugurated a new private cloud region in Southern Europe, anchored in Barcelona with twin data centers in Sant Boi and Cerdanyola del Vallès. This expansion of the Future Cloud Infrastructure (FCI) platform strengthens Deutsche Telekom Group’s … Read the full press release

RWE Inks Major Power Purchase Agreements with German Industrial Giants

(IN BRIEF) RWE Supply & Trading has finalized Power Purchase Agreements (PPAs) with seven prominent German industrial customers, securing the supply of approximately 1,000 gigawatt hours per year of green electricity from its Kaskasi offshore wind farm starting in 2026. … Read the full press release

Koelnmesse Accelerates Climate Neutrality Goal with Innovative Energy Partnership

(IN BRIEF) Koelnmesse, one of the world’s largest city-centre trade fair sites, is advancing its sustainability agenda by committing to achieve climate neutrality by 2030, five years ahead of schedule. Through a groundbreaking energy partnership with E.ON and RheinEnergie, Koelnmesse … Read the full press release