(IN BRIEF) Saint-Gobain Construction Chemicals is ramping up efforts to advance low-carbon cement and concrete technologies, aiming to foster growth and sustainability in the construction sector. Key partnerships with startups like Fortera and established players like Ecocem demonstrate the company’s … Read the full press release
(IN BRIEF) Adyen, a leading global financial technology platform, has been recognized in The Forrester Wave™ Merchant Payment Providers, Q1 2024 report. Adyen received the highest score in six categories, including vision and innovation. Praised for its seamless payment solutions … Read the full press release
Posted in Awards, Business, Financial, Management, Netherlands, Retail, Small Business, Technology
Tagged Adyen, data, Enterprise organizations, financial technology, financial technology platform, fintech, Machine Learning, Merchant Payment Providers, merchants, omnichannel payments, payment data enrichment, payment performance optimization, POS terminals, Roelant Prins, The Forrester Wave™
(IN BRIEF) Nagarro, a global digital engineering leader, has partnered with Acentrik, a strategic product of Mercedes-Benz, to advance Web3 innovation with Acentrik Version 3.0. Acentrik specializes in white-label data marketplaces, enhancing data value chains with privacy-preserving features. Nagarro’s role … Read the full press release
(IN BRIEF) Rheinmetall AG, headquartered in Düsseldorf, has achieved record earnings and order backlog figures in fiscal year 2023, continuing its growth trajectory. The company’s focus on the defence sector, particularly amid a changed threat situation in Europe, has led … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Armin Papperger, Financial, investment, Rheinmetall AG
(IN BRIEF) DNV provided crucial technical due diligence services to MYTILINEOS, enabling the successful financial close of the Munna Creek solar project in Queensland, Australia. With an installed capacity of 150 MWp and main offtakers including Telstra and National Broadband, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged Australia, Brice Le Gallo, DNV, Financial, Matthew Forwood, Matthew Tilbrook, Munna Creek Solar Farm, MYTILINEOS, partnership, sustainability
(IN BRIEF) AFRY has been appointed as the technical advisor by 50Hertz, the transmission system operator, for the critical SuedOstLink project, a key grid expansion endeavor to accelerate Germany’s energy transition. The project involves planning a 540-kilometer underground cable, set … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged 50Hertz, AFRY, Bavaria, Cable Planning, clean energy transition, Germany, Niels Hornig, partnership, SuedOstLink, sustainability, Thorben Müller
(IN BRIEF) HeavyFinance announces a €50 million fundraising for a private credit fund aimed at supporting European agricultural SMEs with tailored finance solutions to advance decarbonization efforts. With the EIF committing €20 million as a cornerstone investor and support from … Read the full press release
Posted in Agriculture, Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Latvia, Lithuania, Luxembourg, Management, News, Poland, Portugal, Small Business
Tagged agriculture, Bulgaria, EIF, Europe, HeavyFinance, Laimonas Noreika, Latvia, Lithuania, Marjut Falkstedt, Paolo Gentiloni, partnership, Poland, PORTUGAL, sustainability
(IN BRIEF) The European Investment Fund (EIF), supported by the InvestEU programme, has entered a portfolio guarantee agreement of €10.5 million with 123 Investment Managers (123 IM) to facilitate up to €15 million in new financing for small businesses and … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged 123 IM, EIF, financing, France, Marc Guittet, Marjut Falkstedt, partnership, SMEs, sustainability
(IN BRIEF) Maya Kuvakova’s entrepreneurial journey began in a small kitchen in the Kyrgyz Republic, where she crafted dumplings to support her family while on maternity leave. Today, her company, Maminy retsepty, stands as a major producer of semi-finished foods … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, United Kingdom
Tagged Corporation, EBRD, Journey to Success, kitchen, Kyrgyz Republic, Maminy retsepty, Maya Kuvakova, partnership, sustainability
(IN BRIEF) In a move towards enhancing sustainability and efficiency, Swedish forest industry group Södra has collaborated with international technology conglomerate ANDRITZ to upgrade three electrostatic precipitators (ESPs) at the Mörrum pulp mill. This mechanical and electrical refurbishment aims to … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged Andritz, Mörrum Pulp Mill, partnership, Södra, sustainability, Sweden
(IN BRIEF) Infineon Technologies AG introduces the OptiMOS™ 6 200 V MOSFET product family, designed to revolutionize motor drive applications like e-scooters, micro-EVs, and E-forklifts. This new portfolio boasts enhanced technical features compared to its predecessor, including a 42% lower … Read the full press release
Posted in Business, Electronics & Machinery, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Infineon, Motor Drive Applications, OptiMOS™ 6 200 V MOSFETs
(IN BRIEF) Finnvera, in collaboration with its subsidiary Finnish Export Credit Ltd, launches bill of exchange financing for Finnish exporters engaged in long-term export transactions, particularly benefiting small and medium-sized enterprises (SMEs). This financing solution complements the Export Credit introduced … Read the full press release
Posted in Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, News, Small Business
Tagged Bill of Exchange Financing, Financial, Finnish Export Credit Ltd, Finnvera, investment, Juuso Heinilä, Minna Lindqvist, Otto Lindstedt, partnership, SMEs, sustainability, transactions
(IN BRIEF) Voith’s Infinity press felts have established a global reputation for excellence since their introduction in 2011, offering superior performance and durability. Examples of their success include a significant reduction in steam consumption and a record-setting service life in … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Anne Klaschka, Infinity Press Felts, paper production, Voith
(IN BRIEF) Several supply chain partners have joined forces to introduce new premium snack packaging made with 50% recycled plastic. Launched for PepsiCo’s Sunbites brand in the UK and Ireland, the packaging meets stringent EU regulatory requirements for food contact. … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Ireland, Management, News, United Kingdom
Tagged 50% Recycled Plastic, Amcor, Archana Jagannathan, Gerald Rebitzer, GreenDot, INEOS, Ireland, IRPLAST, Laurent Auguste, partnership, PepsiCo, Rob Ingram, Snack Packaging, Sunbites brand, sustainability, TACOIL™
(IN BRIEF) EQT Private Equity has announced the sale of its 20% stake in Ottobock, the leading provider of wearable human bionics solutions, to Professor Hans Georg Näder and the Näder Family. Since EQT’s investment in 2017, Ottobock has experienced … Read the full press release
(IN BRIEF) Despite facing significant non-cash value adjustments, SIX concluded 2023 with a robust operating result, reflecting a 3.5% growth in total operating income and a 6.7% increase in EBITDA. The company’s diversified business model propelled operational success across various … Read the full press release
Posted in Business, Economy, Financial, Industrial, International Trade, Investment, Management, News, Switzerland
Tagged Financial, investment, Jos Dijsselhof, SIX
(IN BRIEF) Evonik, Germany’s second-largest chemical company, has secured a €500 million framework loan from the European Investment Bank (EIB) to accelerate its sustainable transformation. The financing will support Evonik’s Next Generation Solutions portfolio, which focuses on energy-efficient, bio-based, and … Read the full press release
Posted in Banks, Business, Chemicals, Economy, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News
Tagged EIB, Evonik, Germany, Maike Schuh, Nicola Beer, partnership, sustainability, sustainable transformation
(IN BRIEF) Swiss Re has announced its proposals for its upcoming Annual General Meeting (AGM) on April 12, 2024, including the re-election of Jacques de Vaucleroy as a Board member and his election as Chairman, along with the nomination of … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged AGM, appointment, Chairman, Financial, Geraldine Matchett, investment, Jacques de Vaucleroy, leadership, sustainability, Swiss Re
(IN BRIEF) Bekaert, a leading provider of innovative steel wire products, proudly announces its compliance with the NTIA Buy America guidelines for its messenger and guy strand product used in telecommunications infrastructure. This high-performance steel wire solution, manufactured at Bekaert’s … Read the full press release
(IN BRIEF) ABB inaugurated its renovated US robotics headquarters and manufacturing facility in Auburn Hills, Michigan, underscoring its dedication to bolstering its leadership in the US robotics market. The facility, with a 30% increase in space, will support ABB’s role … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, Auburn Hills, John Bubnikovich, leadership, Michigan, partnership, robotics, Sami Atiya, sustainability, US
(IN BRIEF) The Spanish government has awarded Rheinmetall a contract worth approximately €208 million for the supply of 94,200 155mm artillery rounds. These rounds, to be delivered between late 2024 and late 2025 with a potential two-year extension, underscore Rheinmetall’s … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Spain, Technology
Tagged Ammunition Deal, European Artillery Market, partnership, Rheinmetall, Spain
(IN BRIEF) Alfa Laval is gearing up to host a groundbreaking collaboration event on April 9th, aimed at addressing the imperative need for enhanced energy efficiency in cities to meet global net-zero targets by 2030, as per the COP28 agreement. … Read the full press release
(IN BRIEF) Nagarro, a global digital engineering leader, announced its preliminary unaudited financial numbers for the full year ending December 31, 2023. Despite achieving a revenue growth of 6.5% year-on-year, reaching €912.0 million, the company faced challenges in gross profit … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Financial, investment, Manas Human, Nagarro
(IN BRIEF) Škoda Auto is set to reveal its 2023 financial results and outline its strategic plans via livestream on Friday, March 15 at 10:00 CET. The event, broadcasted from Mladá Boleslav, will offer a sneak peek into Škoda’s upcoming … Read the full press release
Posted in Automotive, Business, Czech Republic, Economy, Financial, Industrial, Investment, Management, Media, News, Technology
Tagged 2023 Financial Results, BEV Design Concept, investment, ŠKODA AUTO
(IN BRIEF) Despite facing challenging conditions in 2023, Volkswagen Group achieved robust financial results, showcasing its resilience and adaptability. With a strong focus on electrification and a flexible product strategy, the Group successfully met customers’ needs globally. The year also … Read the full press release
Posted in Automotive, Business, Economy, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Arno Antlitz, Financial, investment, Oliver Blume, sustainability, Volkswagen Group
(IN BRIEF) At the Bus2Bus 2024 event in Berlin, Daimler Buses showcased its latest advancements in electric mobility, featuring the Mercedes-Benz eCitaro fuel cell and the Setra MultiClass LE intercity bus. The eCitaro fuel cell boasts a remarkable 400-kilometre range … Read the full press release
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
