Daily Archives: 29, February 2024

The European companies at MWC Barcelona 2024: AI, 5G, VR, XR, Cybersecurity, Digital Transformation, Entertainment, etc.

(IN BRIEF) At the Mobile World Congress (MWC) Barcelona 2024, European companies showcased a wide array of innovations and strategic partnerships that underscored their commitment to driving digital transformation and enhancing connectivity across various sectors. The key topics discussed by … Read the full press release

Syngenta Teams Up with IBM and Maxygen to Revolutionize Agricultural Technology

(IN BRIEF) Syngenta Group, a leading global agriculture technology company, has announced key collaborations stemming from its innovation accelerator platform, Shoots by Syngenta, launched in 2023. These collaborations involve partnerships with IBM Research and US biotech firm Maxygen, aiming to … Read the full press release

Driving Innovation: Henkel Spotlights Self-Regulating PTC Heaters and More at LOPEC 2024

(IN BRIEF) Henkel, a leading provider of printed electronics materials, is set to showcase its latest innovations at the LOPEC trade show. They will unveil their functional materials tailored for smart surfaces, healthcare, and connectivity applications. The focus will be … Read the full press release

EU Funding Boosts Agfa’s Green Hydrogen Production Initiative

(IN BRIEF) Agfa, a sustainable technology provider, collaborates with VITO to develop advanced separator membranes for hydrogen production. They secure an 11 million Euro grant from the EU Innovation Fund for a membrane production plant. The collaboration aims to enhance … Read the full press release

Fugro Reports Robust Growth and Enhanced Profitability in 2023, Unveils Strategic Expansion Plans

(IN BRIEF) Fugro, a global leader in geo-data solutions, announces a strong performance in 2023 with notable revenue growth of 27.5% to EUR 2.2 billion, propelled by heightened client demand in energy markets. The company demonstrates significant improvement across all … Read the full press release

RWE Supply & Trading Announces CEO Transition: Peter Krembel Appointed to Succeed Andree Stracke

(IN BRIEF) Andree Stracke, the CEO of RWE Supply & Trading, is retiring after 24 years of service. Peter Krembel, currently the Chief Commercial Officer (Trading), will succeed him. Stracke is praised for his contributions to RWE’s energy trading business, … Read the full press release

KPN’s Integrated Annual Report 2023: Advancing Connected Growth and Sustainability

(IN BRIEF) KPN unveils its Integrated Annual Report 2023 titled “Connected Growth,” highlighting a year of significant achievements and strategic advancements. The report emphasizes KPN’s commitment to expanding digital connectivity across the Netherlands, with notable growth in all segments and … Read the full press release

Artistic Expression and Empathy: UEA’s Refugee Week Art Displays Illuminate Stories of Sanctuary Seekers

(IN BRIEF) The University of East Anglia (UEA) is hosting Refugee Week from March 1st to 8th, featuring two collaborative art exhibitions: “Finding Home in Education” and “Families Beyond Boundaries.” The first exhibition showcases posters created by sanctuary seekers exploring … Read the full press release

Yara Brasil and Petrobras Forge Partnership to Drive Decarbonization in Fertilizer and Industrial Sectors

(IN BRIEF) Yara Brasil Fertilizantes S.A. (Yara) and Petrobras have entered into a non-binding Memorandum of Understanding (MOU) aimed at exploring potential business collaborations concerning the production and decarbonization of local fertilizer and industrial products in Brazil. With Brazil being … Read the full press release

Beiersdorf AG Achieves Record Sales of €9.5 Billion in 2023, Driven by Double-Digit Growth in Consumer Segment

(IN BRIEF) Beiersdorf AG, a global leader in skincare, has reported exceptional financial results for fiscal year 2023, with group sales reaching a record high of €9.5 billion, marking a significant organic increase of 10.8%. The Consumer Business Segment experienced … Read the full press release

Global Warming Amplifies Risks: UEA-Led Study Warns of Heightened Climate Threats to Developing Countries

(IN BRIEF) A research program led by the University of East Anglia (UEA) has quantified how climate change risks increase at a national scale with rising global temperatures. Focusing on six countries including Brazil, China, Egypt, Ethiopia, Ghana, and India, … Read the full press release

Leading the Charge: Nordic Leaders Fortum and Hydrovolt Team Up to Revolutionize Battery Recycling

(IN BRIEF) Fortum Battery Recycling and Hydrovolt, two prominent players in sustainable battery recycling, have formed a strategic alliance to drive the Nordic battery industry forward. Hydrovolt will supply black mass generated from EV battery recycling to Fortum’s plant in … Read the full press release

Outokumpu Oyj repurchased 71,000 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, has successfully concluded its share repurchase program, acquiring a total of 71,000 of its own shares across trading venues CEUX and XHEL. The company initiated the buyback program on November 29, 2023, … Read the full press release

ANDRITZ Reports Record-Breaking Financial Performance for 2023, Projects Growth in 2024

(IN BRIEF) International technology conglomerate ANDRITZ has announced unprecedented financial achievements for the fiscal year 2023, marking a second consecutive year of record highs. The company reported a remarkable surge in revenue, net income, and EBITA, reaching 8.7 billion EUR, … Read the full press release

EIB Boosts Bulgarian Economy with €291 Million Financing and Advisory Support

(IN BRIEF) The European Investment Bank (EIB) and European Investment Fund (EIF) have forged agreements with Bulgarian partners, including Allianz Bank Bulgaria (ABB) and United Bulgarian Bank (UBB), to enhance the country’s economy and advance its transition to carbon neutrality. … Read the full press release

Schroders Tops Forest 500 Assessment for Second Consecutive Year, Urgent Action Needed on Deforestation

(IN BRIEF) Schroders celebrates its recognition as the leading financial institution in Global Canopy’s Forest 500 annual assessment, reaffirming its commitment to addressing deforestation in investment operations and supply chains. The report, evaluating companies and financial institutions across key commodities, … Read the full press release

San Francisco Retains Top Spot in Schroders’ Global Cities Index, London Climbs to Second Place

(IN BRIEF) San Francisco maintains its leading position in Schroders’ Global Cities Index for the second consecutive year, driven by the resilience of its tech sector despite social challenges. London ascends to second place, surpassing its 2023 ranking, despite slower … Read the full press release

Safran Aircraft Engines Establishes New Foundry in Rennes, Brittany for Turbine Blade Manufacturing

(IN BRIEF) Safran Aircraft Engines has unveiled plans to establish a new foundry works, Safran Turbine Airfoils, in Rennes, Brittany, aimed at producing turbine blades for key engine programs like the M88 and the CFM International LEAP. Scheduled to commence … Read the full press release

Dr. Denis Hinz Appointed as New Head of SGL Carbon’s Carbon Fibers Business Unit

(IN BRIEF) Effective March 1, 2024, Dr. Denis Hinz will assume the role of Head of SGL Carbon’s Carbon Fibers Business Unit, succeeding Roland Nowicki, who will depart from the company on May 31, 2024, to pursue new endeavors. Nowicki, … Read the full press release

WACKER Group Unveils Innovative Silicone Solutions at Silicone Expo Europe 2024

(IN BRIEF) At the Silicone Expo Europe, commencing in Amsterdam, the WACKER Group is set to showcase its latest silicone-based product solutions tailored for various industrial sectors. These offerings include silicone gels for wound care, non-postcuring liquid silicone rubber for … Read the full press release