Daily Archives: 8, March 2024

FI Mortgage Report Highlights Strain on Households Amidst Economic Recession

(IN BRIEF) The Finansinspektionen (FI) mortgage report released reveals the ongoing pressure faced by Swedish households, exacerbated by rising interest rates and other expenses amidst a recessionary economy. The report indicates a significant decline in new mortgagors compared to previous … Read the full press release

MacGregor Secures Major Crane Order for State-of-the-Art Cable Layer from VARD

(IN BRIEF) MacGregor, a part of Cargotec, has clinched a significant order to supply three cranes for installation on a cutting-edge cable layer from global shipbuilder VARD. The contract encompasses a 100-tonne active heave-compensated (AHC) crane, a 20-tonne offshore crane, … Read the full press release

Airbus Unveils CityAirbus NextGen Prototype, Paving the Way for Advanced Air Mobility

(IN BRIEF) Airbus has revealed its latest innovation, the CityAirbus NextGen prototype, signaling a significant advancement in the realm of Advanced Air Mobility (AAM). The fully electric aircraft, designed for urban operations, boasts a two-tonne class and an impressive 80 … Read the full press release

Savills Partners with Women in Wellies Podcast, Empowering Rural Women’s Voices

(IN BRIEF) Savills Rural Team announces sponsorship of Women in Wellies podcast, amplifying voices of rural women in Scotland. Podcast, created by Charlotte Gilfillan and Hannah Lloyd, showcases inspiring stories of rural women. Partnership highlights commitment to showcasing opportunities in … Read the full press release

ESET Reveals Cyberespionage Campaign Exploiting Monlam Festival to Target Tibetans

(IN BRIEF) ESET researchers have uncovered a sophisticated cyberespionage campaign targeting Tibetans across various countries and territories, leveraging the Monlam Festival, a significant religious event. The operation, attributed to the China-aligned Evasive Panda Advanced Persistent Threat (APT) group, utilized a … Read the full press release

Thales Alenia Space Selected for Mars Ice Mapper Communications Development

(IN BRIEF) Thales Alenia Space has been contracted by the Italian Space Agency (ASI) to develop the communications subsystem for the International Mars Ice Mapper (I-MIM) mission. The mission aims to identify and measure water ice on Mars. Thales Alenia … Read the full press release

Webuild S.p.A. Responds to Shareholder Demand, Calls for Extraordinary Shareholder Meeting

(IN BRIEF) Webuild S.p.A., in response to a request from shareholder Salini S.p.A., has resolved to convene an Extraordinary Shareholder Meeting alongside the forthcoming Ordinary Shareholder’s Meeting on April 24, 2024. The decision, made during a Board of Directors Meeting, … Read the full press release

HP Awards Bechtle Highest Partnership Status, Recognizing Exceptional Collaboration

(IN BRIEF) Bechtle achieves HP Global Power Elite Partner status, the highest partnership recognition, solidifying its position among top HP partners worldwide. The status applies globally, highlighting the longstanding collaboration between the two companies. HP’s designation recognizes exceptional sales, international … Read the full press release

ABP Strengthens Property Team, Welcomes Ben St-Quintin as Lead Development Manager for Wales & Short Sea Ports

(IN BRIEF) Associated British Ports (ABP) enhances its property team with the appointment of Ben St-Quintin as the new Lead Property Development Manager for the Wales & Short Sea Ports region. Ben, a Chartered Surveyor with extensive experience in property … Read the full press release

Vattenfall’s Women Lead the Charge: Progress and Promises for Gender Diversity in Energy

(IN BRIEF) In the midst of International Women’s Day celebrations, Vattenfall, a key player in the energy market, showcases its commitment to gender diversity and equality. With women outnumbering men in top-level management, including the CFO Kerstin Ahlfont, Vattenfall highlights … Read the full press release

Continuity and Strategy: Fresenius Management SE Proactively Extends CFO Sara Hennicken’s Mandate

(IN BRIEF) Fresenius Management SE has extended Sara Hennicken’s term as Chief Financial Officer (CFO) until 2027, two years earlier than planned, to ensure continuity in advancing the #FutureFresenius strategy. Hennicken, who joined Fresenius in 2019, has been instrumental in … Read the full press release

Hexcel and Arkema Collaborate to Advance Aerospace-grade Thermoplastic Composites

(IN BRIEF) Hexcel and Arkema have achieved a significant milestone in aerospace innovation through their strategic partnership, resulting in the successful development of a high-performance thermoplastic composite structure. Utilizing HexPly® thermoplastic tapes made from Arkema’s Kepstan® PEKK resin and Hexcel … Read the full press release

Fresenius Medical Care Employees Garner Prestigious Awards for Contributions to Renal Health

(IN BRIEF) Fresenius Medical Care, a leading provider of products and services for renal diseases, celebrates International Women’s Day by honoring three exceptional employees for their outstanding achievements. Ana Catalina Alvarez Elias, a Research Scientist, has been recognized as an … Read the full press release

E.ON Secures €2.3 Million Funding for Hydrogen Filling Station in Essen, Germany

(IN BRIEF) E.ON has received a funding commitment of €2.3 million from the state of North Rhine-Westphalia (NRW) in Germany for the construction of a hydrogen filling station in Essen’s city harbor. This milestone project aims to strengthen hydrogen mobility … Read the full press release

Vertiv and Telefónica Extend Collaboration to Enhance Energy Efficiency Across Spain’s Telecom Network

(IN BRIEF) Vertiv and Telefónica are extending their collaboration agreement to enhance energy efficiency across Telefónica’s network core sites in Spain. Building upon the success of their pilot project, which reduced energy consumption by 20% at one of Telefónica’s key … Read the full press release

Telefónica Tech and Teradata Forge Alliance to Drive AI Innovation in Spain

(IN BRIEF) Telefónica Tech has partnered with Teradata to enhance its services portfolio, offering Teradata’s cloud analytics and data platform alongside its advanced professional services. With products like ClearScape Analytics and VantageCloud, the alliance aims to simplify AI model development, … Read the full press release

BASF Monomers Division Achieves Global Sustainability Certification Milestone

(IN BRIEF) BASF’s Monomers division celebrates a significant milestone with the global certification of its production sites in all regions, including the USA, under ISCC PLUS and REDcert2 standards. This achievement enables BASF to offer regionally produced certified isocyanates and … Read the full press release

Deutsche Telekom Expands Netflix Partnership Across Europe, Starting with Croatia and Hungary

(IN BRIEF) Deutsche Telekom Group announces an expanded partnership with Netflix, offering customers in multiple European countries an enhanced entertainment experience. Beginning with Hrvatski Telekom in Croatia and Magyar Telekom in Hungary, Deutsche Telekom’s subsidiaries will integrate Netflix into their … Read the full press release

Deutsche Telekom Launches Secure Generative AI Solution for UKA Group

(IN BRIEF) Deutsche Telekom introduces its secure generative AI solution, Business GPT, to UKA Group, a leading renewable energy project developer, marking its debut as a Business GPT customer. Hosted on Telekom’s cloud environments in Europe, the solution ensures compliance … Read the full press release

Viasat Expands Ground Network to Enhance In-Flight Connectivity with AEGEAN Airlines

(IN BRIEF) Viasat, in partnership with Deutsche Telekom, has expanded its ground network for the European Aviation Network (EAN) to bolster in-flight broadband service in the Eastern Mediterranean Sea region. This expansion, featuring three new ground stations, complements over 300 … Read the full press release

nepes Corporation Advances IC Packaging Capabilities for 3D-IC Era with Siemens Design Solutions

(IN BRIEF) nepes Corporation, a leading global provider of Outsourced Semiconductor Assembly and Test (OSAT) services, has expanded its IC packaging capabilities for the 3D-IC era by adopting advanced design solutions from Siemens EDA. Leveraging Siemens’ industry-leading technologies, including the … Read the full press release

Lloyds Banking Group and Low Carbon Forge Decade-Long Renewables Pact

(IN BRIEF) Lloyds Banking Group has entered a 10-year Power Purchase Agreement (PPA) with Low Carbon, a global renewable energy company, to procure 50 GWh of clean electricity annually from two UK solar farms. This agreement is a significant step … Read the full press release

CACEIS Enhances Client Services with PRIIPs Reporting via Connect Store Partnership

(IN BRIEF) CACEIS has partnered with Regulatory Technology specialist AlphaOmega to offer a PRIIPs reporting service for clients of its Private Equity Real Estate Solutions business line. Available through the Connect Store, CACEIS’ online marketplace, the service provides clients with … Read the full press release

Eurojust and eu-LISA Pave the Way for Enhanced Digital Judicial Cooperation in the EU

(IN BRIEF) Eurojust and eu-LISA are intensifying their collaboration to bolster the digitalization of judicial cooperation throughout the European Union, as emphasized during a visit by eu-LISA Executive Director Ms Agnès Diallo to The Hague. Discussions centered on fostering closer … Read the full press release

Logicor Completes Expansion of Walki’s Warehouse Facility, Enhancing Sustainability and Capacity

(IN BRIEF) Logicor, a leading European logistics real estate developer, has finalized the construction of a 10,400 sqm storage facility for Walki Sp. z o.o., a protective packaging manufacturer. This expansion, doubling Walki’s space at Logicor Wrocław II to 21,000 … Read the full press release