(IN BRIEF) Saab has secured a contract with the Swedish Defence Materiel Administration (FMV) to deliver four additional Gripen C fighter aircraft to Hungary. This follows an amendment to an existing agreement dating back to 2001. With this order, Hungary’s … Read the full press release
(IN BRIEF) Austria is set to bolster its air defence capabilities with the procurement of 36 Skyranger 30 air defence systems mounted on Pandur EVO 6×6 vehicles from GDELS. This collaboration between Rheinmetall and GDELS marks a significant milestone in … Read the full press release
(IN BRIEF) Ericsson and Telefónica have introduced a pioneering initiative allowing consumers to access enhanced 5G services through on-demand network slicing. Tested at the 5TONIC Lab in Madrid, this proof of concept enables subscribers to customize their service experience with … Read the full press release
(IN BRIEF) DHL Group and the International Chamber of Commerce (ICC) are collaborating to host a side event during the 13th World Trade Organization (WTO) Ministerial Conference in Abu Dhabi. The event aims to share key insights from the GoTrade … Read the full press release
Posted in Business, Germany, Industrial, International Trade, Transportation & Logistics
Tagged Abu Dhabi, DHL Group, GoTrade, GoTrade Summit, ICC, inclusive trade, International Chamber of Commerce, international trade, logistics, Steven Pope, trade, trade experts, World Trade Organization, WTO MC13
(IN BRIEF) The latest Recommerce© Barometer, presented in collaboration with Vodafone during Mobile World Congress 2024 in Barcelona, reveals a significant surge in European consumer interest in refurbished smartphones. Key findings indicate that over half of Europeans are now open … Read the full press release
(IN BRIEF) Vodafone and CEPSA have teamed up to protect the Laguna Primera de Palos wetland in Huelva, Spain, using an innovative IoT solution. The system, powered by solar panels, detects forest fires early by identifying initial combustion particles. Successfully … Read the full press release
(IN BRIEF) ABB has released its Integrated Report, along with its Annual Reporting Suite for 2023, detailing the company’s strategy, business performance, governance, and sustainability achievements. The report highlights ABB’s record-breaking year in 2023, emphasizing its role as a technology … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Switzerland, Technology
Tagged ABB, Björn Rosengren, Financial, investment, Peter Voser, sustainability
(IN BRIEF) ABB, a global technology leader in electrification and automation, has announced the appointment of Morten Wierod as its new Chief Executive Officer (CEO), succeeding Björn Rosengren. Wierod, currently serving as President of the Electrification Business Area, will assume … Read the full press release
Posted in Business, Industrial, Management, News, Switzerland, Technology
Tagged ABB, appointment, Björn Rosengren, CEO, leadership, Morten Wierod, Peter Voser
(IN BRIEF) ABB has released an invitation to its Annual General Meeting (AGM) scheduled for March 21, 2024, at 10:00 a.m. The meeting will take place at Halle 550, Birchstrasse 150, 8050 Zurich, Switzerland, and will also be broadcast online. … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, Media, News, Switzerland, Technology
Tagged ABB, Financial, General Meeting 2024, investment
(IN BRIEF) Ericsson has announced Singtel’s participation in its Startup 5G program, aimed at fostering innovation in 5G solutions and applications. Singtel will gain access to Ericsson’s research data and collaborate with startups in areas like gaming, e-commerce, and smart … Read the full press release
(IN BRIEF) Alstom has initiated the production of 52 state-of-the-art Metropolis trainsets for the Delhi Metro Rail Corporation (DMRC) Phase IV, following a €312 million contract awarded in 2022. These trains, comprising six cars each, will serve three different lines, … Read the full press release
(IN BRIEF) A recent comprehensive review published in The Lancet Regional Health Europe offers insights into the risk factors and management strategies for atrial fibrillation (AF), a prevalent heart rhythm disorder affecting millions globally. Conducted by researchers from the University … Read the full press release
Posted in Business, Education, Environment, Financial, Healthcare, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged atrial fibrillation, Dr Eduard Shantsila, Management, Professor Deirdre Lane, Professor Gregory Lip, risk factors, Seoul National University College of Medicine, The Lancet, University of Liverpool
(IN BRIEF) Outokumpu concluded its share repurchase program, acquiring a total of 39,634 of its own shares across trading venues CEUX and XHEL on February 22, 2024. The weighted average price per share stood at EUR 4.1, totaling EUR 162,562.24. … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Outokumpu, Shares Buyback Program
(IN BRIEF) ETZ hospital has finalized a €115 million financing deal with the European Investment Bank (EIB) and BNG Bank to support the modernization of its St. Elisabeth location in Tilburg. This funding will facilitate the construction of a new … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Netherlands, News, Technology
Tagged BNG Bank, EIB, ETZ Hospital, Gerard van Berlo, Healthcare, modernization, Netherlands, partnership, Rob Schreppers, Robert de Groot, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has allocated €10 million to GapMinder Fund II, managed by Romanian venture capital firm GapMinder, to support early-stage technology-driven companies primarily in Romania and other EBRD regions. This investment aims … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania, Technology, United Kingdom
Tagged Anne Fossemalle, Dan Mihaescu, EBRD, GapMinder, GapMinder Fund II, partnership, Romania, sustainability, Tech Innovation
(IN BRIEF) EIB Global, the European Investment Bank’s financial arm for activities outside the EU, has allocated an €11 million grant for the Montenegro education program. The funding aims to modernize and equip 13 education facilities, including kindergartens, primary, vocational, … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Anđela Jakšić Stojanović, Education Infrastructure, EIB Global, Filip Radulović, Jakov Milatović, Kyriacos Kakouris, Milojko Spajić, Montenegro, Novica Vuković, partnership, sustainability, Yngve Engstrom
(IN BRIEF) STMicroelectronics (NYSE: STM) introduces cutting-edge Time-of-Flight (ToF) sensors, including a high-resolution 3D LiDAR module and the world’s smallest 500k-pixel indirect ToF sensor. These sensors offer enhanced depth-sensing capabilities for smart devices, home appliances, and industrial automation. The VL53L9, … Read the full press release
Posted in Business, Electronics & Machinery, Industrial, Management, News, Switzerland, Technology
Tagged 3D LiDAR, Alexandre Balmefrezol, STMicroelectronics, ToF Sensors
(IN BRIEF) Deka Immobilien has finalized the acquisition of a cutting-edge e-fulfilment center in the Paris region for approximately EUR 160 million. Developed by Gemfi, the newly constructed facility, named “Tailor,” spans 140,000 sqm and is strategically located in the … Read the full press release
Posted in Banks, Business, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, News, Real Estate
Tagged acquisition, Deka, Deka Immobilien, E-Fulfilment Centre, Paris, partnership, sustainability
(IN BRIEF) Associated British Ports (ABP) is hosting the inaugural ECG Maritime & Ports Working Group meeting at its Grimsby port, a pivotal location in the UK’s automotive sector. ABP’s Humber ports, including Grimsby and Immingham, handle over 700,000 vehicles … Read the full press release
Posted in Automotive, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Transportation & Logistics, United Kingdom
Tagged ABP, Automotive Industry Hub, Daniel Gent, ECG Maritime Meeting, Gareth Russell, Namrita Chow, Simon Bird, sustainability
(IN BRIEF) Associated British Ports (ABP), the UK’s leading port operator, is intensifying its focus on growth and strategic development with the creation of a new role, Capital Projects Director. Francis Paonessa, with extensive experience in delivering large-scale infrastructure projects, … Read the full press release
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