Daily Archives: 22, March 2024

ÖBB Unveils Next-Generation Railjet: A Leap Forward in Rail Travel Comfort

(IN BRIEF) Austrian Federal Railways (ÖBB) has launched its first Railjet of the new generation, marking a significant advancement in rail travel comfort. Developed and built by Siemens Mobility, these innovative trains boast numerous features aimed at enhancing passenger experience … Read the full press release

EBRD Invests €25 Million in Vilnius Residential Energy Efficiency Fund

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is supporting energy efficiency initiatives in Vilnius by investing €25 million in Šiaulių Bank’s energy efficiency fund. Managed by Šiaulių Bank, the fund aims to finance energy efficiency renovations in … Read the full press release

Nomagic Secures €8 Million EIB Loan to Boost Robotic Automation Solutions

(IN BRIEF) Nomagic, a leading developer of intelligent robotics for e-commerce and retail warehouses, has secured an €8 million loan from the European Investment Bank (EIB) to enhance its research and development (R&D) efforts. The loan, supported by the European … Read the full press release

TotalEnergies Celebrates Tyra Hub Restart: Denmark Returns to Gas Self-Sufficiency

(IN BRIEF) TotalEnergies announces the successful restart of production from the Tyra hub in the Danish North Sea following a major redevelopment project. The revamped hub is set to produce 5.7 million cubic meters of gas and 22,000 barrels of … Read the full press release

Telefónica Receives LEGO’s Centennial Gift: Iconic Headquarters Replicated in Bricks

(IN BRIEF) Telefónica has received a special centennial gift from the LEGO Group: a meticulously detailed replica of its historic headquarters at Gran Vía 28, scaled down to 1:50. This impressive LEGO construction, one of the largest in the world … Read the full press release

Vodafone’s One for One Initiative: Revolutionizing Mobile Phone Recycling

(IN BRIEF) Vodafone’s One for One initiative, launched in June 2022 in Germany, has made significant strides in mobile phone recycling by promising to recycle an old phone for every new one purchased. Teaming up with Closing the Loop, the … Read the full press release

Adrian Hallmark Steps Down from Bentley Motors: A Legacy of Luxury and Sustainability

(IN BRIEF) Adrian Hallmark, Chairman and CEO of Bentley Motors, is leaving the company by mutual consent to pursue new ventures outside the Volkswagen Group. During his six-year tenure, Hallmark spearheaded Bentley’s transformation, launching new luxury models and setting a … Read the full press release

Louis Dreyfus Company Releases First Integrated Report: Highlights Financial Performance and Sustainable Progress

(IN BRIEF) Louis Dreyfus Company B.V. (LDC) has unveiled its inaugural integrated report, presenting a comprehensive overview of its financial performance and sustainability initiatives for the year ended December 31, 2023. Despite challenges posed by geopolitical tensions and climate-related disruptions, … Read the full press release

Daimler Truck Hits 1 Million Connected Vehicles Milestone: A Shift Towards Smarter, Safer, and Sustainable Transportation

(IN BRIEF) Daimler Truck has achieved a significant milestone by connecting over 1 million trucks and buses worldwide to its digital platform, marking a pivotal moment in its commitment to vehicle connectivity and digital innovation. Marcus Claesson, Daimler Truck’s CIO, … Read the full press release

Navigating Trust Reporting Obligations: Insights from Wolters Kluwer CT Corporation

(IN BRIEF) Since the implementation of the Corporate Transparency Act (CTA) earlier this year, Wolters Kluwer CT Corporation has been inundated with inquiries regarding reporting obligations for trusts, particularly concerning the Beneficial Ownership Information (BOI) requirements. George May, Vice President … Read the full press release

Jenoptik Chosen for Ecuador Traffic Safety Project, Deploying Cutting-Edge Cameras

(IN BRIEF) Jenoptik, in partnership with a local Ecuadorian company, has been selected by the Ecuadorian National Traffic Commission (CTE) for a comprehensive 12-year project aimed at enhancing road safety throughout Ecuador. The initiative involves the deployment of over 120 … Read the full press release

Evotec-Backed Breakpoint Therapeutics Nominates Breakthrough Cancer Treatment Candidate BTX-011 for Clinical Development

(IN BRIEF) Breakpoint Therapeutics GmbH, a company focused on developing drugs targeting the DNA Damage Response (DDR), has nominated its first preclinical development candidate, BTX-011, an inhibitor of polymerase theta (Pol θ / POLQ), for the treatment of solid tumors. … Read the full press release

LPKF Laser & Electronics SE Reports Stable Revenue and EBIT Amidst Market Challenges

(IN BRIEF) LPKF Laser & Electronics SE disclosed its financial performance for the fiscal year, registering a revenue of EUR 124.3 million and an EBIT of EUR 3.7 million, slightly lower than the previous year’s figures. Despite facing challenges such … Read the full press release

Get Living Secures £110 Million Investment for New Maker Yards in Greater Manchester

(IN BRIEF) Get Living, the UK’s leading build-to-rent operator, has finalized a £110 million investment facility with Rothesay to refinance its New Maker Yards neighborhood in Salford, Greater Manchester. With over 821 homes and 1,600 residents, New Maker Yards boasts … Read the full press release

University of Exeter Opens £30 Million Research Facility for Water Sector Sustainability

(IN BRIEF) The University of Exeter, in collaboration with South West Water and Research England, has inaugurated the Centre for Resilience in Environment, Water and Waste (CREWW), a pioneering £30 million research facility aimed at addressing sustainability challenges in the … Read the full press release

University of Exeter Showcases Pioneering AI and Data Science Research at AIUK Conference 2024

(IN BRIEF) Experts from the University of Exeter’s Institute for Data Science and Artificial Intelligence are prominently featured at The Alan Turing Institute’s AIUK conference 2024, highlighting their interdisciplinary research aimed at addressing global challenges. Projects include the Bluebird project, … Read the full press release

Andrea Herrmann Reappointed as CFO of Vienna Stock Exchange, Ensuring Stability and Continuity

(IN BRIEF) The Vienna Stock Exchange’s supervisory board has affirmed its commitment to stability and continuity by reappointing Andrea Herrmann as Chief Financial Officer (CFO) during its recent meeting. Herrmann, who has been a member of the management board since … Read the full press release

Marcel Bakker Appointed Director of iTEC Alliance, Paving the Way for Future Aviation Strategies

(IN BRIEF) Marcel Bakker, currently serving as General Manager of Systems and Infrastructure at LVNL, has been appointed as the director of the iTEC alliance at the Airspace World event in Geneva. Bakker brings over 24 years of extensive experience … Read the full press release

Evonik Receives Second Consecutive Asia-Pacific Bioprocessing Excellence Award for Cell Culture Solutions

(IN BRIEF) Evonik has been honored with the Asia-Pacific Bioprocessing Excellence Award (ABEA) for the second consecutive year, specifically in the category of Best New Bioprocessing Supplier Award: Upstream Processing, for its Cell Culture Solutions portfolio. As a crucial component … Read the full press release

Atos Group’s Eviden to Industrialize P3TS Geolocation System for French Armed Forces

(IN BRIEF) Eviden, a business within the Atos Group specializing in digital, cloud, big data, and security, has been chosen by the French defense procurement agency (DGA) to industrialize the P3TS (“Plug and Play Positioning and Timing System”) geolocation solution … Read the full press release

Rheinmetall Secures €2.7 Billion Contract for Heavy Weapon Carrier for German Bundeswehr

(IN BRIEF) The German Bundeswehr has awarded Rheinmetall a contract worth €2.7 billion for the supply of up to 123 “Schwerer Waffenträger Infanterie” vehicles. These vehicles, intended to replace the Wiesel tracked vehicle, will be equipped with advanced weaponry and … Read the full press release

Continental’s PremiumContact 7 Triumphs in Scandinavian Summer Tire Test

(IN BRIEF) Continental’s PremiumContact 7 has clinched the top spot in the latest summer tire test conducted by Norwegian magazine Vi Bilägare, with results republished by Motor (Norway) and Tuulilasi (Finland). The test, comparing ten summer tires in the 215/55 … Read the full press release

Continental’s ContiEuropeanRoadshow Rolls into High Gear: Eco-Friendly Transport Solutions on Display Across Europe

(IN BRIEF) Continental’s show truck, traversing over 50,000 kilometers throughout Europe, continues its mission to showcase innovative solutions for sustainable transportation. With stops in various countries, the roadshow offers interactive exhibitions covering key industry themes, including cost reduction strategies, digital … Read the full press release