Daily Archives: 6, March 2024

Cybersecurity across Europe in the last quarter: Post-Quantum Cryptography, 6G Network and Cloud Security

(IN BRIEF) In the last quarter (1 Dec 2023 – 1 Mar 2024), Europe’s cybersecurity scene was marked by significant strides, with Thales and Ericsson leading initiatives to enhance digital security. Thales’ TrustNest R-Cloud received European Restricted certification, bolstering secure … Read the full press release

driveMybox continues its international expansion: Hungary as a new strategic location

(IN BRIEF) Hamburg-based LogTech company driveMybox has officially announced its strategic partnership with I.C.E. Transport Hungary, a prominent freight forwarder in Eastern Europe. This collaboration marks driveMybox’s expansion into Hungary, its third international cooperation partner alongside Germany and Italy. The … Read the full press release

Wolters Kluwer’s OneSumX Solution Recognized for Cutting-Edge IFRS 9 Innovations

(IN BRIEF) Wolters Kluwer’s Finance, Risk and Regulatory Reporting (FRR) division’s OneSumX solution has been recognized with the Best Regulatory Compliance Solution for IFRS 9 award at the APAC Awards 2024 by RegTech Insight. OneSumX IFRS 9 simplifies compliance with … Read the full press release

Wolters Kluwer’s TeamMate+ Elevates Audit Solutions with Greek and Swedish Language Support

(IN BRIEF) Wolters Kluwer’s TeamMate+, a leading global audit solution, has expanded its language support to include Greek and Swedish, bringing the total supported languages to 19. This enhancement enables auditors to work in their preferred interface language, fostering global … Read the full press release

Wolters Kluwer Shares Insights from 2023 Annual Report, Emphasizing Sustainability and Financial Performance

(IN BRIEF) Wolters Kluwer, a global leader in professional information and software solutions, has released its 2023 Annual Report, providing insights into its financial and non-financial performance, including Environmental, Social, and Governance (ESG) achievements. The report features the company’s initial … Read the full press release

Hydro and NKT Forge Partnership for Low-Carbon Aluminium Power Cable Innovation

(IN BRIEF) Hydro and NKT have announced a strategic partnership to develop a cutting-edge, low-carbon aluminium power cable value chain, aimed at facilitating the growth of Europe’s renewable energy grid. The collaboration, set to extend towards 2030, will focus on … Read the full press release

Euronext Expands ELITE Program, Welcoming Six Portuguese Companies for Sustainable Growth

(IN BRIEF) Euronext, Europe’s leading market infrastructure, has expanded its ELITE ecosystem into Portugal, ushering in six diverse companies into the program. These companies, spanning sectors such as healthcare, technology, food, and manufacturing, collectively generate over 200 million Euros in … Read the full press release

Biotech Acceleration: Evotec and Claris Ventures Unite to Propel Portfolio Companies Forward

(IN BRIEF) Evotec and Claris Ventures have formed a strategic partnership to accelerate the progress of biotech ventures in Claris’s portfolio into clinical trials. This collaboration allows Claris’s portfolio companies, focused on biotech ventures nearing clinical trials, streamlined access to … Read the full press release

EIB and CERUDEB Launch €100 Million Initiative to Empower Women Entrepreneurs and Rural Enterprises in Uganda

(IN BRIEF) The European Investment Bank (EIB) and Centenary Rural Development Bank Ltd (CERUDEB) have unveiled a landmark €100 million investment aimed at bolstering private sector enterprises in Uganda, particularly focusing on women borrowers and rural microenterprises. With 50% of … Read the full press release

Inauguration of Agra Metro Marks Milestone in Sustainable Urban Transport: A Visionary Step Toward Preserving Cultural Heritage

(IN BRIEF) Indian Prime Minister Narendra Modi, virtually inaugurated the first 6 km section of the Agra metro, alongside Chief Minister of Uttar Pradesh Yogi Adityanath and other dignitaries. Funded by a €450 million loan from the European Investment Bank … Read the full press release

flyadeal Partners with Safran Nacelles for Comprehensive Fleet Support

(IN BRIEF) At the MRO Middle East event in Dubai, low-cost carrier flyadeal, a subsidiary of Saudia Group, signed a long-term agreement with Safran Nacelles for comprehensive support of nacelles on its Airbus A320neo family fleet powered by CFM International* … Read the full press release

EIB Teams Up with Sunfire to Advance Green Hydrogen Production with €100 Million Venture Debt Loan

(IN BRIEF) The European Investment Bank (EIB) is collaborating with Sunfire, a German-based company, to support the development of solid oxide electrolysers for green hydrogen production in industrial applications. Through a venture debt loan of up to €100 million, with … Read the full press release

EIB and Otua Group Partner to Drive Circular Economy in Spain with €40 Million Investment

(IN BRIEF) The European Investment Bank (EIB) and Otua Group have collaborated on a €40 million loan to facilitate the construction of a new recycling plant for automotive waste plastics and the upgrade of existing metal waste processing facilities. This … Read the full press release

ABP Enhances Container Service at Port of Hull with New State-of-the-Art Reach Stacker

(IN BRIEF) Associated British Ports (ABP) Humber Container Terminal at the Port of Hull receives a new Konecrane SMV 4638 reach stacker, bolstering its container service capabilities alongside its sister facility at ABP Immingham. The addition of this state-of-the-art equipment, … Read the full press release

Evonik Enhances Animal Nutrition Services with Release of US Crop Report Integrated into AMINODat® 6.2

(IN BRIEF) Evonik announces the release of the 2023 US Crop Report, which has been integrated into its AMINODat® 6.2 database, marking a significant advancement in its animal nutrition services. This state-specific data for corn and soybean meal, exclusively from … Read the full press release

Continental Expands Reach as Top Tire Supplier for Electric Vehicle Manufacturers in Asia-Pacific Region

(IN BRIEF) Continental, a leading tire manufacturer, has achieved a significant milestone by supplying tires to all five highest-volume electric vehicle manufacturers in the Asia-Pacific region for the first time, joining its stronghold in Europe, the Middle East, Africa, and … Read the full press release

Hydro Rein Partners with IOWN Energy for Large-Scale Wind Power Projects in Sweden and Norway

(IN BRIEF) Hydro Rein, Hydro’s renewable growth venture, has struck a deal with Swedish renewable energy developer IOWN Energy to acquire an 80 percent stake in a 2.4 GW portfolio of wind power projects in Sweden and Norway. The partnership … Read the full press release

Addressing Planning Challenges: New Book Launch Examines Reforming Spatial Government in England

(IN BRIEF) At the Victoria Gallery and Museum, the Department of Geography and Planning launched a new book titled “Planning in a Failing State: Reforming Spatial Government in England,” co-edited by Dr. Olivier Sykes. The book critically analyzes England’s planning … Read the full press release

TUM Campus Straubing Spearheads Youth Engagement in Bioeconomy Changemakers Festival

(IN BRIEF) The European Commission’s push for sustainability and climate protection has prompted the organization of the Bioeconomy Changemakers Festival, aimed at engaging young people as catalysts for sustainable change. Among the few institutions selected in Germany to organize satellite … Read the full press release

Unlocking Creative Potential: LEGO Group Study Sheds Light on Gender Disparities in Children’s Creative Confidence

(IN BRIEF) The LEGO Group has unveiled findings from a global study highlighting societal trends affecting children’s creative confidence, particularly girls, who face intense pressure to be perfect. The study, involving over 61,500 parents and children aged 5-12 across 36 … Read the full press release

Novo Nordisk’s Semaglutide Shows Promise in Kidney Outcomes Trial FLOW

(IN BRIEF) Novo Nordisk has announced promising headline results from the kidney outcomes trial FLOW, which compared injectable semaglutide 1.0 mg with placebo as an adjunct to standard care for people with type 2 diabetes and chronic kidney disease (CKD). … Read the full press release

DNV Facilitates Macquarie Capital’s Investment in ChargeZone: Accelerating India’s EV Charging Infrastructure Expansion

(IN BRIEF) DNV played a crucial role in facilitating Macquarie Capital’s decision to invest in ChargeZone, a leading Indian provider of EV charging infrastructure. Conducting technical due diligence (TDD) for the investment, DNV leveraged its expertise in the EV industry … Read the full press release

Joint Study Suggests Safe Extension of LNG Carrier Tank Inspection Intervals with Advanced Monitoring Technology

(IN BRIEF) A collaborative effort led by GTT Group, Lloyd’s Register, and Shell International Trading and Shipping Company Limited has concluded that inspection intervals for LNG carrier membrane tanks could be safely extended, thanks to advancements in monitoring technology and … Read the full press release

Rolls-Royce Supplies Dynamic Power Solutions to Semiconductor Giant X-FAB Sarawak

(IN BRIEF) Rolls-Royce has equipped X-FAB Sarawak, a division of X-FAB, with four mtu Kinetic PowerPacks to ensure uninterrupted power supply for its semiconductor manufacturing facility in Kuching, Malaysia. These units, engineered to handle fluctuating power demands, provide immediate, high-quality … Read the full press release