Daily Archives: 15, March 2024

BBVA Expands Global Wealth Services with Miami-Based Entity

(IN BRIEF) BBVA Group announces the establishment of BBVA Global Wealth Advisors, Inc. in Miami, Florida, catering to high net-worth Latin American clients seeking international investment advisory solutions in the United States. The service targets non-US resident clients with assets … Read the full press release

Skanska’s Sustainable Investment: Final Phase of Park Scandinavia Estate in Warsaw

(IN BRIEF) Skanska Residential Development Poland is investing PLN 113M in the fifth and final stage of the Park Scandinavia estate in Warsaw’s Gocław district, featuring two seven-story buildings with 198 apartments. Embracing eco-friendly solutions, the project integrates a smart … Read the full press release

Gasum Group Releases 2023 Financial and Sustainability Reports

(IN BRIEF) Gasum Group has made its annual reports for the year 2023 available on its website, comprising the annual review, sustainability report, and governance and remuneration report. The financial review highlights a 44.0 percent decrease in revenue to EUR … Read the full press release

TUM Takes Historic Step: Removing Nazi-Era Names and Honors

(IN BRIEF) In a profound move towards historical accountability, the Technical University of Munich (TUM) announces the removal of names associated with Nazi history from its buildings and rooms, alongside distancing itself from honorary titles awarded during the Nazi era. … Read the full press release

Lenzing Group Reports Stable Revenue Amid Economic Challenges in 2023

(IN BRIEF) Despite facing subdued demand and escalating raw material costs, the Lenzing Group, a global leader in regenerated cellulosic fibers, maintained stable revenue at EUR 2.52 billion in 2023. The company’s EBITDA surged by 25.4% to EUR 303.3 million, … Read the full press release

Holcim Initiates CHF 1 Billion Share Buyback Program

(IN BRIEF) Holcim is set to commence its share buyback program on March 18, 2024, allocating a total of CHF 1 billion until the end of 2024, subject to share cancellation approval at the 2025 Annual General Meeting. Funded from … Read the full press release

Continental SportContact 7 Dominates Auto Bild sportscars UHP Summer Tire Test

(IN BRIEF) In a recent evaluation by Auto Bild sportscars, the Continental SportContact 7 UHP summer tire emerged as the undisputed champion, securing top honors with an overall score of 1.2. Tested against six competitors on wet and dry roads, … Read the full press release

EHRA 2024: Unveiling Groundbreaking Innovations in Arrhythmia Management

(IN BRIEF) Prepare for the latest advancements in the prevention and treatment of heart rhythm disorders at EHRA 2024, the annual congress of the European Heart Rhythm Association (EHRA), part of the European Society of Cardiology (ESC). Set to take … Read the full press release

Vienna Stock Exchange Expands International Reach with Addition of Jump Trading Europe B.V.

(IN BRIEF) The Vienna Stock Exchange has broadened its international connections with the induction of Jump Trading Europe B.V. as a new international trading member, bringing the total membership to 70, with a significant portion comprising international banks and securities … Read the full press release

French Consortium Launches RESQUE Project for Post-Quantum Cryptography Solutions

(IN BRIEF) The RESQUE consortium, consisting of six French companies and organizations including Thales, TheGreenBow, CryptoExperts, and others, has initiated the RESQUE project aimed at developing post-quantum cryptography solutions to safeguard communications and networks against potential threats posed by quantum … Read the full press release

Husqvarna Group Receives Third Consecutive Global Supplier Engagement Leadership Recognition from CDP

(IN BRIEF) Husqvarna Group has once again been acknowledged as a “Global Supplier Engagement Leader” by CDP, underscoring its unwavering commitment to sustainability and environmental stewardship. With a Rating A, the company’s dedication to reducing CO2 emissions throughout its value … Read the full press release

TÜV Rheinland Earns TAF Accreditation for Water Efficiency Management Systems Certification

(IN BRIEF) TÜV Rheinland achieves Taiwan Accreditation Foundation (TAF) accreditation for ISO 46001:2019 Water Efficiency Management Systems, reinforcing its commitment to sustainable water resource management. With water resource management aligning closely with the United Nations Sustainable Development Goals (SDGs), TÜV … Read the full press release

US Siding Production Goes Green: Saint-Gobain Achieves 96% Emission Cut

(IN BRIEF) Saint-Gobain has initiated very low carbon production of siding at its US manufacturing sites in Kansas, Georgia, and Maryland, resulting in a remarkable 96% reduction in scope 1 and 2 emissions. This achievement is driven by the electrification … Read the full press release

EQT Life Sciences Portfolio Company Amolyt Pharma Acquired by Alexion, AstraZeneca Rare Diseases for $1.05 Billion

(IN BRIEF) EQT Life Sciences announces the acquisition of its portfolio company, Amolyt Pharma, by Alexion, AstraZeneca Rare Diseases, for a total deal value of $1.05 billion. This acquisition underscores Amolyt’s significant advancements in developing novel treatments for rare endocrine … Read the full press release

NIB Supports Norway’s Green Maritime Transition with Norled AS Loan

(IN BRIEF) Nordic Investment Bank (NIB) has signed a 7-year loan agreement to support ferry and express boat operator Norled AS in its investments towards zero and low carbon vessels and associated land-based infrastructure in Norway from 2024 to 2030. … Read the full press release

Evonik Vland Biotech Launches Joint Venture to Enhance Animal Gut Health Solutions

(IN BRIEF) The joint venture, Evonik Vland Biotech, established by Evonik China and Shandong Vland Biotech, officially commenced operations in Binzhou, China, aiming to bolster the market presence of probiotics for livestock gut health in the Greater China region while … Read the full press release

Evonik’s EUDRAGIT® Polymers: Pioneering Pharmaceutical Innovation for 70 Years

(IN BRIEF) Evonik’s EUDRAGIT® polymers, renowned coatings for pharmaceuticals, celebrate 70 years of revolutionizing drug delivery. With over 23,000 patents and 10,000 scientific publications, these methacrylate polymers have become industry standards, employed in formulations for modified drug release across 80 … Read the full press release

Thales Alenia Space Chosen by ESA to Lead European Consortium for Harmony Mission

(IN BRIEF) Thales Alenia Space has been selected by the European Space Agency (ESA) to spearhead a wide-ranging European industrial consortium for the Harmony mission, leveraging its extensive expertise in radar-based Earth observation satellites. This partnership aims to develop the … Read the full press release

Vattenfall Receives Supplier Engagement Leader Award for Second Consecutive Year

(IN BRIEF) Vattenfall’s commitment to minimizing its carbon footprint and achieving net zero emissions by 2040 has been reinforced with the company’s receipt of the Supplier Engagement Leader Award from CDP for the second consecutive year. The award recognizes Vattenfall’s … Read the full press release

Tubulis Secures €128 Million Series B2 Financing to Advance Novel ADC Pipeline for Cancer Treatment

(IN BRIEF) Tubulis has closed an oversubscribed €128 million ($138.8 million) Series B2 financing round, co-led by EQT Life Sciences and Nextech Invest Ltd, with participation from new and existing investors including Frazier Life Sciences and Deep Track Capital. The … Read the full press release

Mercedes-Benz Trucks Successfully Concludes Extreme Cold Testing of eActros 600 in Finland

(IN BRIEF) Mercedes-Benz Trucks engineers have completed rigorous trials of the battery-electric eActros 600 in Rovaniemi, Finland, enduring temperatures as low as minus 35 degrees Celsius. Dr. Christof Weber, Head of Global Testing, expresses satisfaction with the test outcomes, praising … Read the full press release

Mercedes-Benz Trucks Classic Collection Welcomes Restored 1899 Daimler Cardan-Truck: A Journey Through Time

(IN BRIEF) The Mercedes-Benz Trucks Classic Collection proudly introduces the restoration of the 1899 Daimler Cardan-Truck, a remarkable piece of automotive history. Originally utilized by the Stuttgart Municipal Water Works until 1923, this pioneering vehicle has undergone meticulous restoration after … Read the full press release

Wolters Kluwer’s Beneficial Ownership Platform Receives Top Honors in FinTech Breakthrough Awards

(IN BRIEF) Wolters Kluwer, a global leader in professional information and software solutions, has been honored in the FinTech Breakthrough Awards’ Fraud Prevention Innovation category for its Beneficial Ownership Platform. Designed to assist businesses affected by the U.S. Corporate Transparency … Read the full press release

Wolters Kluwer’s CCH Tagetik Dominates Financial Consolidation Survey 24, Leading in Eleven Key Categories

(IN BRIEF) Wolters Kluwer’s CCH Tagetik® expert solution has secured top rankings across eleven categories in The Financial Consolidation Survey 24, a prestigious annual report by BARC, showcasing its excellence in functionality, financial reporting, and value. Ralf Gärtner, Senior Vice … Read the full press release