Daily Archives: 5, March 2024

What’s new in cancer care across Europe in early 2024 (1 Jan – 5 Mar 2024): Advancements, Innovations, Research, Awareness

(IN BRIEF) In early 2024, Europe’s medical and research communities announced major breakthroughs in cancer care, highlighting new treatments like AstraZeneca and Daiichi Sankyo’s datopotamab deruxtecan for lung and breast cancer, and AstraZeneca’s Tagrisso for EGFR-mutated lung cancer. Diagnostic advancements … Read the full press release

Syngenta Partners with Maersk for Biofuel-Powered Ocean Transport, Aiming for Reduced GHG Emissions

(IN BRIEF) Syngenta Crop Protection has finalized an agreement with Maersk for ocean transport using biofuel, marking a significant step towards reducing greenhouse gas (GHG) emissions from its logistics operations. Through Maersk’s ECO Delivery solution, Syngenta will utilize certified biofuels … Read the full press release

Triton Unveils Merger of Assemblin and Caverion, Creating Premier Technical Service Group

(IN BRIEF) Triton announces the strategic combination of its portfolio companies, Assemblin and Caverion, into the newly formed Assemblin Caverion Group, headquartered in Sweden. This merger, aimed at capitalizing on complementary strengths and expanding service offerings, marks Triton’s continued investment … Read the full press release

Vienna Stock Exchange Facilitates Continuous Trading of Austrian Government Bonds, Enhancing Investor Accessibility

(IN BRIEF) A milestone development has unfolded as Austrian government bonds become continuously tradable on the Vienna Stock Exchange, allowing investors to engage in buying and selling activities throughout trading hours. Market makers such as Erste Group and Raiffeisen Bank … Read the full press release

Infineon Unveils Next-Gen Silicon Carbide MOSFET Technology for Enhanced Power Systems

(IN BRIEF) Infineon Technologies AG introduces the latest advancement in power systems and energy conversion with the launch of the CoolSiC™ MOSFET 650 V and 1200 V Generation 2. This new generation of silicon carbide (SiC) MOSFET trench technology enhances … Read the full press release

ANDRITZ Delivers Milestone Pulp Mill to UPM, Spearheading Global Expansion

(IN BRIEF) International technology group ANDRITZ has successfully delivered the UPM Paso de los Toros pulp mill in Uruguay to forest industry giant UPM, marking UPM’s largest investment to date. The mill, equipped with cutting-edge technology from ANDRITZ, boasts a … Read the full press release

Outokumpu and Langh Ship Forge Green Shipping Alliance to Cut Carbon Emissions

(IN BRIEF) Outokumpu, a leading provider of sustainable stainless steel, has partnered with Finnish shipping firm Langh Ship to revolutionize short sea liner operations. By introducing energy-efficient and low-emission vessels, such as the inaugural multipurpose vessel Lovisa, Outokumpu aims to … Read the full press release

UAE’s EDGE Group and Spain’s Indra Forge Strategic Radar Technology Joint Venture

(IN BRIEF) UAE-based EDGE Group and Spain’s Indra Sistemas have formalized a joint venture agreement to develop and manufacture next-generation radar systems in Abu Dhabi. The agreement, facilitating access to nearly 300 radar system orders, aims to expand both companies’ … Read the full press release

Serbian Plastic Manufacturer Achieves 50-Year Milestone Amidst Growing Sustainability Efforts

(IN BRIEF) MNG Plastik Gogić, a family-owned plastic manufacturing company based in Indjija, Serbia, celebrates over 50 years of successful business operations. Specializing in plastic waste containers, bins, and stadium seats, the company exports to over 60 countries worldwide. With … Read the full press release

Aviva Expands Reach with £242 Million Acquisition of Probitas Holdings

(IN BRIEF) Aviva plc has announced the acquisition of Probitas Holdings for £242 million, marking a significant step in its strategy to bolster profitable growth. This acquisition grants Aviva entry into the Lloyd’s market, providing access to substantial premium volumes, … Read the full press release

Siemens Mobility to Establish Cutting-Edge Rail Infrastructure Hub in Chippenham with €115 Million Investment

(IN BRIEF) Siemens Mobility announces a €115 million investment to establish a state-of-the-art rail infrastructure manufacturing, digital engineering, and R&D center in Chippenham, UK, replacing its current site by 2026. This strategic move underscores Siemens Mobility’s commitment to innovation and … Read the full press release

Siemens Launches EcoTech Label, Redefining Transparency in Product Sustainability

(IN BRIEF) Siemens introduces its sustainability product label approach, Siemens EcoTech, aiming to set a new standard for transparency in the industry. With Siemens EcoTech, customers gain comprehensive insight into product performance across various environmental criteria, facilitating informed decisions to … Read the full press release

Škoda Auto Unveils Cutting-Edge Laurin & Klement Kampus: A Hub of Innovation and Sustainability

(IN BRIEF) Škoda Auto celebrates the completion of its new headquarters, the Laurin & Klement Kampus (LKK), in Mladá Boleslav, boasting state-of-the-art facilities designed to accommodate up to 2,000 employees. The interconnected complex, built within two years, aims to foster … Read the full press release

Societe Generale Appoints Ludivine Labarre as Group Deputy Chief Risk Officer

(IN BRIEF) Societe Generale announces the appointment of Ludivine Labarre as Group Deputy Chief Risk Officer, effective from March 1, 2024. Labarre, reporting to Stéphane Landon, Group Chief Risk Officer, brings her extensive experience in financing, risk management, and ESG … Read the full press release

Rolls-Royce Submarines Expands Operations to Cardiff and Glasgow to Meet Defence Demand

(IN BRIEF) Rolls-Royce Submarines announces plans to open new offices in Cardiff and Glasgow, funded by the UK Ministry of Defence, to bolster its workforce and meet increased demand from the Royal Navy and the recent AUKUS agreement. Over 100 … Read the full press release

Innovation Fuels Telefónica’s 8.6% Energy Consumption Reduction

(IN BRIEF) Telefónica, a leading telecommunications company, has significantly improved its energy efficiency through technological innovations despite a surge in data traffic. Since 2015, Telefónica reduced its energy consumption by 8.6% while traffic multiplied by 8.6 times. The company’s Autonomous … Read the full press release

HeForShe Initiative Releases Report on Workplace Support for Domestic Violence Survivors

(IN BRIEF) UN Women, with support from the Vodafone Foundation, conducted research under the HeForShe initiative, examining FTSE 100 companies’ support for employees facing domestic violence and abuse. The report, ‘Small Steps, Big Difference’, highlights the importance of workplace support … Read the full press release

TotalEnergies Partners with Bapco Energies to Optimize Bahrain’s Petroleum Operations

(IN BRIEF) Patrick Pouyanné, Chairman and CEO of TotalEnergies, met with His Highness Shaikh Nasser bin Hamad Al Khalifa and Mark Thomas of Bapco Energies in Bahrain, laying the groundwork for collaboration. TotalEnergies will support Bapco Energies in optimizing its … Read the full press release

Neste Launches ‘Neste Impact’ to Enable Businesses to Slash Aviation Emissions

(IN BRIEF) Neste, a global leader in sustainable solutions, introduces “Neste Impact,” a groundbreaking emission reduction solution empowering businesses to curtail their air travel-related carbon footprint. By purchasing Neste MY Sustainable Aviation Fuel™, companies can achieve up to an impressive … Read the full press release

Enel Grids’ Renewable Connections Soar, Adding 7.9 GW in 2023

(IN BRIEF) Enel Grids, Enel Group’s electricity distribution arm, achieved a record-breaking milestone in 2023 by connecting nearly 540,000 new producer-prosumer connections globally, adding 7.9 GW of renewable capacity to its grids. Italy leads with 1.5 million connections, while Spain … Read the full press release

Maersk Partners with BANDAI NAMCO to Streamline Logistics Operations in Mexico City

(IN BRIEF) A.P. Moller – Maersk (Maersk) has forged a partnership with global toy manufacturer BANDAI NAMCO to manage its supply chain and logistics operations in Mexico City. Strategically located in the northern part of the city, the distribution center … Read the full press release

Atlas Copco Group Expands Sustainability Portfolio with Acquisition of Houston-based Zahroof Valves Inc.

(IN BRIEF) Atlas Copco Group has acquired Zahroof Valves Inc., a company specializing in reciprocating compression valve technology based in Houston, Texas. Zahroof Valves’ innovative technology is renowned for reducing emissions and enhancing energy efficiency in the oil and gas … Read the full press release

Fincantieri Fortifies Innovation Leadership with MIT Industrial Liaison Program Membership

(IN BRIEF) Fincantieri, a prominent shipbuilding group, has announced its enrollment in the esteemed Industrial Liaison Program (ILP) at the Massachusetts Institute of Technology (MIT). This membership signifies Fincantieri’s commitment to fostering innovation and staying at the forefront of technological … Read the full press release

Phagenesis Secures $42M Investment Led by EQT Life Sciences to Revolutionize Swallowing Disorder Treatment

(IN BRIEF) Phagenesis, a UK-based medical technology company specializing in treating swallowing disorders, has closed a significant $42 million Series D financing round led by EQT Life Sciences, with co-leadership from Sectoral Asset Management. This substantial investment reflects confidence in … Read the full press release

Dubai Office Welcomes Mohammad Alamoush as Director of Leasing and Asset Management for MTU Maintenance

(IN BRIEF) MTU Maintenance has appointed Mohammad Alamoush as Director of Leasing and Asset Management at its Dubai office to bolster services in the Middle East. Alamoush brings expertise from his tenure in Amsterdam and anticipates significant fleet transitions in … Read the full press release