Daily Archives: 9, March 2024

SEB Funds Earn Top Honors at LSEG Lipper Fund Awards – Europe

(IN BRIEF) Three SEB funds have been recognized at the LSEG Lipper Fund Awards – Europe for their outstanding risk-adjusted returns in the Nordic and Swedish equities categories. SEB Nordenfond and SEB Sverigefond received awards for best risk-adjusted return in … Read the full press release

American Rheinmetall Vehicles Demonstrates Armed A-UGV Capabilities to USMC

(IN BRIEF) American Rheinmetall Vehicles, in collaboration with Rheinmetall Canada, conducted a live-fire demonstration for the U.S. Marine Corps (USMC) showcasing the capabilities of the Rheinmetall Mission Master SP autonomous, unmanned ground vehicle (A-UGV) equipped with the Fieldranger Remotely Controlled … Read the full press release

David Brupbacher Appointed Head of IT at SIX, Succeeding Christoph Landis

(IN BRIEF) David Brupbacher is set to take on the role of Head of IT and Member of the Executive Board at SIX Group starting July 1, 2024, replacing Christoph Landis, who will retire later in the year. Brupbacher, with … Read the full press release

Continental’s PremiumContact 7 Earns Top Rating in Auto Bild Summer Tire Test

(IN BRIEF) Continental’s PremiumContact 7 summer tire has achieved an exemplary top rating in the latest test conducted by the German trade magazine Auto Bild. Out of 54 other summer tire models tested on a VW Golf VIII, the PremiumContact … Read the full press release

Vestas Secures Order for V236-15.0 MW Wind Turbine at Thyborøn Port

(IN BRIEF) Vestas has secured a firm order from Thyborøn-Harboøre Vindmøllelaug I/S af 2002 for a V236-15.0 MW wind turbine to be installed directly on the waterfront in the Port of Thyborøn, Denmark. The order includes supply, delivery, commissioning, and … Read the full press release

RWE Secures Tender for New Wind Farm in Rhineland-Palatinate, Expands Green Portfolio

(IN BRIEF) RWE has been awarded the tender for the Kail wind farm in the Cochem-Zell district, Rhineland-Palatinate, in a recent auction by the Federal Network Agency. With three wind turbines totaling 12.9 MW capacity set to be erected near … Read the full press release

Innovative Oral Contraception Program Targets Growing Wild Boar Issue

(IN BRIEF) Researchers are launching a pioneering initiative to address the surging wild boar population across parts of Europe by administering oral contraception to the animals. With numbers of wild boar escalating rapidly and posing significant economic and environmental threats, … Read the full press release

Bridging the Gap: EY Report Highlights Consumer Hesitation in Sustainable Energy Choices

(IN BRIEF) According to the ‘Energy transition consumer insights’ report by EY, despite 65% of energy consumers understanding how to initiate sustainable energy choices, 70% express reluctance to invest more time or money in doing so. The report underscores consumer … Read the full press release

NIB and Billerud Aktiebolag Ink SEK 400 Million Deal for Sustainable Packaging R&D

(IN BRIEF) The Nordic Investment Bank (NIB) and Billerud Aktiebolag (publ) have finalized a SEK 400 million investment loan agreement to support Billerud’s research and development (R&D) activities from 2023 to 2026. Billerud, a leading Swedish paper and packaging materials … Read the full press release

Trio of Energy Giants Kickstart Mendubim Solar Project in Brazil

(IN BRIEF) Hydro Rein, Equinor, and Scatec have commenced operations at the Mendubim solar project in Brazil’s Rio Grande do Norte state, marking a significant step forward in the country’s renewable energy landscape. Developed through a partnership between the three … Read the full press release

Equinor’s Mendubim Solar Plant Powers Up, Boosting Brazil’s Renewable Portfolio

(IN BRIEF) Equinor celebrates the commencement of operations at the Mendubim solar plant in Brazil, adding 531 MW of solar power to its energy portfolio and marking a 30% increase in its equity power production in the country. The project, … Read the full press release

Telefónica Earns Tenth Consecutive Leader Recognition in Gartner’s Magic Quadrant for Managed IoT Connectivity Services

(IN BRIEF) Telefónica has once again been acknowledged as a Leader in the 2024 Gartner Magic Quadrant for Managed IoT Connectivity Services, marking the tenth consecutive year of this recognition. Through its IoT services provided by Telefónica Tech, the company … Read the full press release

Bentley Honors ‘Bentley Girls’ Legacy with Bespoke Bentayga Collection

(IN BRIEF) Bentley Motors commemorates International Women’s Day and Women’s History Month by unveiling three unique Bentayga specifications paying homage to the iconic ‘Bentley Girls’ – Mary Petre Bruce, Dorothy Paget, and Diana Barnato Walker. The bespoke designs, crafted by … Read the full press release

Siemens Marks 125th Anniversary of Stock Market Debut with Record Growth

(IN BRIEF) Siemens celebrates its 125th year on the stock exchange, tracing back to its historic debut on the Berlin Stock Exchange on March 8, 1899. Established as a small workshop in Berlin in 1847, Siemens quickly evolved into an … Read the full press release

Enel and Ansaldo Nucleare Forge Partnership to Pave the Way for Next-Gen Nuclear Power

(IN BRIEF) Enel and Ansaldo Nucleare have entered into a collaboration agreement aimed at exploring and evaluating new technologies and business models for nuclear energy generation, including Small Modular Reactors (SMRs) and Advanced Modular Reactors (AMRs). These innovative reactors promise … Read the full press release

LME Clear Strengthens Board with Appointment of Claire Chapman

(IN BRIEF) LME Clear has appointed Claire Chapman, an accomplished legal professional with extensive experience in various sectors, as Independent Non-Executive Director of the Board. Currently serving as General Counsel, Company Secretary, and Chief People Officer at Hargreaves Lansdown plc, … Read the full press release

Eni Foundation Launches Mobile Clinics Initiative to Enhance Healthcare in Remote Algerian Regions

(IN BRIEF) Eni Foundation, in collaboration with the Algerian Ministry of Health, Population and Hospital Reform, has initiated a project aimed at bolstering healthcare services in remote regions of Algeria. The endeavor, unveiled during a ceremony in Algiers, saw the … Read the full press release

Eni, Plenitude, and Energy Infrastructure Partners Finalize Investment Agreement

(IN BRIEF) Eni, Plenitude, and Energy Infrastructure Partners (EIP) have concluded their investment agreement, with EIP acquiring a 7.6% stake in Plenitude through a capital increase of €588 million. This transaction, initially announced in December 2023, marks a significant milestone … Read the full press release

Mercedes-Benz Champions Diversity with “Be one of many” Campaign on International Women’s Day

(IN BRIEF) Mercedes-Benz launches its “Be one of many” campaign on International Women’s Day, showcasing three inspirational women from diverse backgrounds who have excelled in traditionally male-dominated fields. Aya Jaff, Dalad Kambhu, and Alexandra Straßburger share their stories of perseverance … Read the full press release

EIB and Ukrainian Government Collaborate on Reconstruction Efforts Amid Conflict

(IN BRIEF) The European Investment Bank (EIB) and the Ukrainian government join forces to advance reconstruction efforts in war-torn regions, allocating funds for critical infrastructure projects under the Ukraine Recovery Programme (URP) and the Ukraine Early Recovery Programme (UERP). With … Read the full press release

EIB President Nadia Calviño Meets Romanian Leadership to Discuss Future Investment Priorities

(IN BRIEF) President Nadia Calviño of the European Investment Bank (EIB) engages with Romanian President Klaus Iohannis, Prime Minister Ion-Marcel Ciolacu, and Minister of Finance Marcel-Ioan Boloş to explore strategic investment opportunities. The discussions, following a record year of EIB … Read the full press release