Monthly Archives: February 2024

Telefónica Movistar Extends Support for Movistar KOI eSports Team at MWC

(IN BRIEF) During the Mobile World Congress (MWC), Telefónica Movistar announced its commitment to continue supporting the Movistar KOI eSports team for three more years, marking a decade of involvement in eSports since its pioneering entry into the field. Movistar … Read the full press release

Ahold Delhaize Releases 2023 Annual Report: Demonstrates Resilience and Commitment to Sustainability

(IN BRIEF) Ahold Delhaize unveils its 2023 Annual Report, highlighting its financial and non-financial performance amidst challenging circumstances. The report underscores the company’s dedication to creating value for customers and communities while advancing towards a healthier and sustainable food system. … Read the full press release

Uniper Achieves Exceptional Financial Success in 2023, Anticipates Lower Earnings in 2024

(IN BRIEF) Uniper reports outstanding financial results for the 2023 fiscal year, with adjusted EBIT reaching €6,367 million, a significant improvement from the previous year. The company’s strategic hedging transactions and operational enhancements contributed to this success, particularly in its … Read the full press release

Daimler Truck Leads Safety Innovation for European Roadways with Enhanced Vehicle Systems

(IN BRIEF) Daimler Truck is at the forefront of safety innovation as stricter EU regulations for new trucks, buses, and coaches are set to take effect in July 2024. With its latest safety systems, Daimler Truck not only meets but … Read the full press release

Infineon Enhances Growth Strategy with Streamlined Sales Organization

(IN BRIEF) Infineon Technologies AG is embarking on a path of ambitious growth by revamping its sales organization structure, effective from March 1. The restructuring will see the sales team organized into three customer-centric Sales Segments: “Automotive”, “Industrial & Infrastructure”, … Read the full press release

Infineon Unveils Next-Gen Solid-State Isolators for Faster and More Reliable Circuit Switching

(IN BRIEF) At the Applied Power Electronics Conference (APEC), Infineon Technologies AG launched a new family of Solid-State Isolators (iSSI) designed to enhance circuit switching performance. Using coreless transformer technology, the iSSI offer improved energy transfer and protection features not … Read the full press release

Holcim Nominates Michael H. McGarry, Former PPG Industries Chairman and CEO, for Board of Directors

(IN BRIEF) Holcim has proposed the election of Michael H. McGarry, former Chairman and Chief Executive of PPG Industries, to its Board of Directors at the upcoming Annual General Meeting in May 2024. With a background in global business leadership … Read the full press release

Holcim Surpasses Expectations with Record-Breaking 2023 Results, Achieving Strategy 2025 Milestones Ahead of Schedule

(IN BRIEF) Holcim, a global leader in building materials, has reported stellar financial results for the full year of 2023, with net sales reaching CHF 27.009 billion and recurring EBIT hitting CHF 4.76 billion. These figures represent an organic growth … Read the full press release

Driving the Future: Bosch and Microsoft Collaborate to Pioneer Generative AI for Advanced Automotive Safety

(IN BRIEF) Bosch, during the Bosch Connected World 2024 conference, announced plans to integrate generative AI into vehicle systems to enhance automated driving capabilities. This initiative aims to improve road safety by enabling vehicles to better assess dynamic road scenarios … Read the full press release

Danish Ministry of Defence Partners with BAE Systems for CV90 Fleet Maintenance

(IN BRIEF) BAE Systems has inked a 15-year framework agreement with the Danish Ministry of Defence to provide repair and maintenance services for the Danish Army’s CV90 fleet, valued at approximately $400 million. This agreement ensures sustained operational readiness for … Read the full press release

Poland’s Cargounit Invests in Siemens Locomotives for European Rail Modernization

(IN BRIEF) Cargounit, Poland’s leading locomotive leasing company, partners with Siemens Mobility to purchase 30 Vectron locomotives with an option for 60 more, along with 10 Smartron locomotives. The deal aims to enhance cross-border rail transport in Europe. Vectron locomotives, … Read the full press release

Breaking Boundaries: Siemens Launches Gridscale X Network Model Manager for North American ISOs and TSOs

(IN BRIEF) Siemens launches Gridscale X Network Model Manager, a revolutionary software for ISOs and TSOs in the US and Canada. This cutting-edge tool enables efficient grid management through a Digital Twin of the power grid, streamlining planning, development, and … Read the full press release

Sustainable Support: Repsol Powers Spanish Antarctic Campaign with 100% Renewable Energy

(IN BRIEF) Repsol, a leading energy company, is supplying 100% renewable fuels to power the Gabriel de Castilla Base during the Spanish Army’s 37th Antarctic Campaign. This initiative supports sustainability efforts in one of the most environmentally sensitive regions on … Read the full press release

New Era for Independent Workshops: ZF Aftermarket Unveils OE-Quality Commercial Vehicle Sensors

(IN BRIEF) ZF Aftermarket has introduced OE-quality sensors for commercial vehicles in the independent aftermarket under its WABCO brand. This marks the first time such high-quality sensors are available to independent workshops, enabling them to perform comprehensive repairs without compromising … Read the full press release

Driving Environmental Excellence: Metso Elevates Emission Reduction Efforts with Cutting-Edge Scrubber Pilot Plant

(IN BRIEF) Metso has installed a state-of-the-art multi-purpose scrubber pilot plant at its R&D center in Frankfurt, Germany. This facility will focus on developing and optimizing gas cleaning processes, particularly simultaneous scrubbing of SO2 and NOx at low temperatures. Equipped … Read the full press release

Thales Secures Contract to Provide Advanced Flight Simulators for German Armed Forces Helicopter Training

(IN BRIEF) Thales has signed a significant contract with Airbus Helicopters to supply 8 Full Flight Simulators (FFS) Reality H® for training pilots of the H145M helicopters used by the German Armed Forces. These high-tech simulators offer advanced realism and … Read the full press release

Outokumpu Oyj repurchased 60,404 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu has concluded its share repurchase program, acquiring a total of 60,404 of its own shares across various trading venues, amounting to EUR 249,067.53. This move follows the announcement of a share buyback program of up to 11 … Read the full press release

EQT Private Capital Asia Completes Block Trade, Exits Stake in India’s CMS Info Systems

(IN BRIEF) EQT Private Capital Asia has finalized the sale of its remaining 26.7 percent stake in CMS Info Systems Limited, India’s foremost cash management company, through a USD 187 million block trade. During EQT’s ownership, CMS strengthened its market … Read the full press release

Eckert & Ziegler’s GalliaPharm® Generator Powers Groundbreaking Cancer Diagnostic Trial in Japan

(IN BRIEF) Eckert & Ziegler, in collaboration with Novartis Pharma K.K., is expanding Ga-68 labeled diagnostics in Japan through a clinical trial approved by the Japanese Pharmaceuticals and Medical Devices Agency (PMDA). Utilizing Eckert & Ziegler’s GalliaPharm® generator, the trial … Read the full press release

EIB and Hypo Vorarlberg Partner to Finance Energy-Efficient Housing Projects

(IN BRIEF) The European Investment Bank (EIB) and Hypo Vorarlberg have inked agreements to fund the construction of highly energy-efficient residential buildings. The deal comprises a synthetic securitisation transaction and a funding transaction, totaling €61 million. This initiative aims to … Read the full press release