(IN BRIEF) PNE Group secures contracts for three new wind farms totaling 26.4 MW capacity through successful bids in the Bundesnetzagentur’s round of tenders. The awarded projects include expansions in Schleswig-Holstein and Hesse, along with a new development in Brandenburg. … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Industrial, News
Tagged Bundesnetzagentur, Odensachsen, onshore wind farms, PNE group, power tender, Stuvenborn, wind energy projects, wind farms, Zinndorf
(IN BRIEF) Neste has finalized its organizational restructuring, merging its three renewable business units into one and restructuring functions to align with business-driven operations. The move aims to enhance cost-efficiency, competitiveness, and execution of growth strategy. Approximately 400 job roles … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Industrial, Management
Tagged Neste, organizational change, renewable energy, restructuring, Susanna Sieppi
(IN BRIEF) Thales and Neural Labs have expanded their partnership to incorporate cloud licensing, enabling Neural Labs to deploy and update licenses for their Smart Cities and Intelligent Transportation Systems solutions from any location. This collaboration, spanning over two decades, … Read the full press release
Posted in Artificial Intelligence (AI), France, Industrial, Infrastructure & Utilities, Technology, Transportation & Logistics
Tagged Cloud Licensing, intelligent transportation systems, ITS, Neural Labs, Revenue Growth Elias Varcarcel Damien Bullot, Sentinel Platform, Smart Cities, Software Monetization, software solutions, Thales
(IN BRIEF) Wolters Kluwer has launched its CCH® Tagetik Global Minimum Tax expert solution in North America, aimed at assisting multinational companies to comply with OECD Pillar Two tax requirements. This solution streamlines data collection, alignment, calculation, and reporting processes. … Read the full press release
Posted in Business, Financial, Management, Netherlands, Technology
Tagged CCH® Tagetik, CCH® Tagetik Global Minimum Tax expert solution, corporate finance, Global Minimum Tax, Multinational Companies, North America, OECD Pillar Two, Ralf Gärtner, regulatory compliance, tax compliance, Tax Strategy, Wolters Kluwer
(IN BRIEF) The U.S. General Services Administration (GSA) has secured funding to support Johnson Controls’ electrification project at the Ronald Reagan Building and International Trade Center (RRBITC) in Washington, D.C. This project aims to transition the RRBITC to a fully … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Ireland, Management, Technology
Tagged AFFECT Grant, efficiency, Electrification Project, Energy Conservation Technologies, International Trade Center, John Kliem, Johnson Controls, Robin Carnahan, Ronald Reagan Building, Ronald Reagan Building and International Trade Center, RRBITC, sustainability, U.S. General Services Administration, Washington D.C.
(IN BRIEF) E.ON, a major player in Europe’s energy sector, plans to increase its investments from €33 billion to €42 billion for 2024-2028, focusing on energy networks and infrastructure. The company exceeded earnings expectations in 2023, with adjusted Group EBITDA … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Technology
Tagged dividend, E.ON, Employment, energy industry, European market, financial results, growth strategy, infrastructure, investments, Leonhard Birnbaum, Marc Spieker, renewable energy
(IN BRIEF) Equinor ASA’s nomination committee proposes Mikael Karlsson as a new member of the company’s board of directors, aiming to expand the board to 11 members following the departure of Michael Lewis. Karlsson, currently a partner and Vice Chairman … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, Norway
Tagged ABB Energy Ventures, Actis Capital, Board of Directors, Equinor ASA, Mikael Karlsson
(IN BRIEF) The DHL Global Connectedness Report 2024 reveals that despite the challenges posed by the pandemic and geopolitical conflicts, globalization has reached record highs. Trade growth has been instrumental in sustaining global connectedness, with Singapore leading the list of … Read the full press release
Posted in Business, Economy, Germany, Industrial, Transportation & Logistics
Tagged Business Growth, CHINA, Deglobalization, DHL, economic resilience, Economic Trends, Europe, geopolitical tensions, globalization, Ih-Ming Chan, International Relations, John Pearson, New York University's Stern School of Business, pandemic, Regionalization, RUSSIA, Singapore, Steven Altman, trade, United States
(IN BRIEF) Rothesay, the UK’s leading pensions insurance specialist, has agreed to acquire Scottish Widows’ in-force bulk annuity portfolio from Lloyds Banking Group for approximately £6 billion. The transaction covers the pension benefits of around 42,000 individuals. This move aligns … Read the full press release
(IN BRIEF) In a strategic move, Husqvarna Group has announced its acquisition of ETwater, a prominent player in smart irrigation management for commercial markets in North America, from Rivulis Irrigation. ETwater’s integration into Husqvarna’s Gardena Division, specifically within the Orbit … Read the full press release
(IN BRIEF) As the threat of quantum computers grows, rendering traditional encryption methods obsolete, researchers at the Technical University of Munich (TUM) are pioneering a new approach. Led by Professor Tobias Vogl, they’re developing quantum encryption based on the immutable … Read the full press release
Posted in Business, Education, Germany, Industrial, Management, News, Science, Technology
Tagged Antonia Wachter-Zeh, Professor Tobias Vogl, Quantum satellite, TUM
(IN BRIEF) Effective March 13, 2024, Jeroen Spruyt is appointed as President of Agfa’s Radiology Solutions division and joins the company’s Executive Management Team. With a background in Applied Economics and an MBA from Vlerick Business School, Spruyt brings extensive … Read the full press release
(IN BRIEF) In a collaborative effort between Eviden, A*STAR’s Institute of High Performance Computing (IHPC) in Singapore, and MajuLab, a comprehensive initiative has been announced to benchmark and enhance the energy efficiency of quantum computing. With the potential of quantum … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, News, Technology
Tagged Alexia Auffèves, Atos, Dr. Su Yi, Dr. Cédric Bourrasset, energy efficiency, Eviden, Institute of High Performance Computing (IHPC), MajuLab, partnership, quantum computing, Singapore, sustainability
(IN BRIEF) Mercedes-Benz, in collaboration with the Fraunhofer Society, conducts the world’s first X-ray crash test using a real car at the Ernst Mach Institute in Freiburg. This groundbreaking demonstration unveils previously hidden internal deformation processes during crashes, providing valuable … Read the full press release
Posted in Automotive, Germany, Industrial, Security & Safety, Technology
Tagged Automotive safety, crash testing, Dr. Malte Kurfiß, EMI, Ernst Mach Institute, Fraunhofer-Institute for High-Speed Dynamics, INNOVATION, Markus Schäfer, Mercedes-Benz, Prof. Dr. Paul Dick, research collaboration, Technology demonstration, Vehicle collision, X-ray crash
(IN BRIEF) A groundbreaking study conducted by researchers from the University of Bristol and Stellenbosch University reveals that a single burst of hot weather significantly impacts the fertility of both female and male tsetse flies, key vectors for diseases like … Read the full press release
Posted in Business, Education, Environment, Financial, Healthcare, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged Disease Spread, Dr Hester Weaving, Dr Sinead English, health, heatwaves, partnership, Stellenbosch University, sustainability, Tsetse Fly Fertility, University of Bristol
(IN BRIEF) The University of Bristol has received a substantial £57 million funding injection from UK Research and Innovation (UKRI) and its Engineering and Physical Sciences Research Council (EPSRC) to establish nine Centres for Doctoral Training (CDTs). These centers will … Read the full press release
Posted in Business, Education, Environment, Financial, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged Awais Rashid, Centres for Doctoral Training, Engineering and Physical Sciences Research Council (EPSRC), Michelle Donelan, partnership, Professor Charlotte Deane, Professor Evelyn Welch, Professor Ian Bond, Research Centers, sustainability, UK Research and Innovation (UKRI), University of Bristol
(IN BRIEF) The European Investment Bank (EIB) has embarked on its largest-ever financing agreement for Mongolia, injecting €54.4 million into a groundbreaking initiative. This initiative aims to address the degradation of Mongolia’s grasslands by promoting sustainable urban development and supporting … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, EU bank, H.E. Axelle Nicaise, investment, Javkhlan Bold, Mongolia, Myagmarjav Ganbaatar, partnership, sustainability, sustainable development, Teresa Czerwinska, Ukhnaagin Khurelsukh
(IN BRIEF) The LEGO Group announced its full-year earnings for 2023, showcasing a two percent revenue growth to DKK 65.9 billion despite a tough toy market environment. Operating profit stood solid at DKK 17.1 billion, reflecting accelerated investments in strategic … Read the full press release
Posted in Business, Construction, Denmark, Education, Entertainment, Financial, Industrial, Investment, Management, News
Tagged Financial, investment, LEGO, Niels B. Christiansen, Resilient Growth, sustainability, toy
(IN BRIEF) Researchers from the University of Helsinki, in collaboration with partners from the University of Tartu, University of Madeira, and MARE-Madeira, ARDITI, are pioneering the integration of Artificial Intelligence (AI) and sensor technologies to revolutionize marine data collection. By … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Environment, Financial, Finland, Industrial, Investment, Management, News, Science, Technology
Tagged AI, ARDITI, MARE-Madeira, Marine Data Collection, Ocean Conservation, partnership, Petteri Nurmi, sustainability, University of Helsinki, University of Madeira, University of Tartu
(IN BRIEF) The European Investment Fund (EIF) has committed €400 million to bolster France Active’s endeavors in financing socially responsible French enterprises. This collaboration involves a €45 million guarantee from EIF and a €355 million counter-guarantee for bank loans facilitated … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Ambroise Fayolle, Ananth Purushothaman, EIF, France Active, Françoise Candier, partnership, Pierre-René Lemas, SMEs, social enterprises, sustainability, Vanessa Krycève
(IN BRIEF) Stagecoach, the UK’s largest bus and coach operator, has received the first batch of cutting-edge battery-electric buses from Alexander Dennis, a global bus manufacturer. These 55 zero-emission double deckers are set to revolutionize urban transport in Oxfordshire, joining … Read the full press release
Posted in Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged Alexander Dennis, electric buses, Enviro400EV, Oxfordshire, partnership, Paul Davies, Sam Greer, Stagecoach, sustainability, sustainable urban transport
(IN BRIEF) STMicroelectronics, a leading semiconductor manufacturer, introduces the new STM32H7R/S microcontrollers, blending the performance and scalability of microprocessors with the simplicity of microcontrollers. These high-performance devices cater to diverse applications such as smart appliances, industrial automation, and eHealth systems, … Read the full press release
(IN BRIEF) Webuild, in collaboration with its local subsidiary Clough, has achieved a significant milestone in the construction of Snowy 2.0, Australia’s largest hydropower project, with the completion of 100,000 pre-cast concrete segments out of a planned total of 130,000. … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Australia, Clough, partnership, Snowy 2.0 Project, sustainability, Webuild
(IN BRIEF) Unreasonable Impact, a collaboration between Unreasonable Group and Barclays, has unveiled 13 new ventures joining its UK & Europe programme, each dedicated to tackling pressing global challenges. The ventures, ranging from food waste reduction to sustainable reforestation and … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Society, United Kingdom
Tagged 13 Ventures, Barclays, Climate, Daniel Epstein, Deborah Goldfarb, Max Gulde, partnership, Social Challenges, sustainability, Unreasonable Group, Unreasonable Impact UK & Europe Programme
(IN BRIEF) Terna, under the leadership of Giuseppina Di Foggia, is set to invest approximately 45 million euros in enhancing the resilience, reliability, and sustainability of the electricity grid in the Alghero and Putifigari municipalities of Sassari province, Sardinia. The … Read the full press release
(IN BRIEF) Ørsted A/S has finalized its invitation to holders of its EUR 500,000,000 2.25% green hybrid capital securities due in 3017 to tender their securities for purchase by Ørsted for cash. With EUR 249,544,000 in aggregate principal amount of … Read the full press release
Posted in Business, Denmark, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News
Tagged Financial, Hybrid Capital Securities, investment, sustainability, tender offer, Ørsted
(IN BRIEF) The Nordic Investment Bank (NIB) has finalized a EUR 125 million 8-year loan agreement with Finnish company Valmet Oyj to support its research and development (R&D) initiatives in Finland and Sweden from 2023 to 2025. Valmet, a global … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged André Küüsvek, INNOVATION, Janne Pynnönen, Nordic Investment Bank, partnership, sustainability, Sweden, Valmet Oyj
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), with support from the European Union (EU) and Sweden, is extending an €8 million loan to ProCredit Bank in Georgia to boost lending to women-led micro, small, and medium-sized enterprises … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged businesses, EBRD, empower women, EU, GEORGIA, leadership, partnership, ProCredit Bank, SMEs, sustainability
(IN BRIEF) Bentley Motors has been crowned Britain’s Most Admired Automotive Manufacturer for the third time in five years, reaffirming its status as an industry leader. The accolade, bestowed through the UK’s longest-running corporate reputational survey, underscores Bentley’s exceptional lineup … Read the full press release
(IN BRIEF) DHL Group’s language learning app, developed in collaboration with LinguaTV, has clinched the national World Summit Award Germany in the Learning & Education category. This recognition propels the further education initiative into contention for the global WSA Global … Read the full press release
Posted in Awards, Business, Education, Germany, Industrial, Management, Media, News, Technology, Transportation & Logistics
Tagged Award, DHL, Education Category, Employees, Language Learning App, LinguaTV, partnership, Thomas Schneider
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