Monthly Archives: March 2024

Allianz Trade Launches Comprehensive Payment Solutions for B2B E-commerce with Allianz Trade Pay

(IN BRIEF) Allianz Trade has introduced Allianz Trade Pay, a suite of services tailored to the needs of B2B e-commerce activities. This new offering encompasses various solutions, including trade credit insurance, fraud protection, digital buyer onboarding, and instant financing through … Read the full press release

Allianz SE Extends Mandates of Key Board Members Through 2029

(IN BRIEF) The Supervisory Board of Allianz SE has prolonged the mandates of Sirma Boshnakova and Günther Thallinger, members of the Board of Management, until December 2029, pending regulatory approvals. Boshnakova oversees the Group’s insurance operations in Western & Southern … Read the full press release

Schroders Capital Plans UK Venture and Growth Fund with £300 Million Investment Boost

(IN BRIEF) Schroders Capital’s private markets investment division announces its intention to launch a UK venture and growth Long-Term Asset Fund (LTAF) with a £300 million cornerstone investment, backed by the British Business Bank (BBB) and Phoenix Group. This initiative, … Read the full press release

Stellantis Pours €5.6 Billion into South America: A Game-Changer for the Region’s Automotive Sector

(IN BRIEF) Stellantis has unveiled an ambitious investment plan of €5.6 billion in South America, marking the largest ever investment in the region’s automotive industry. This substantial funding will span from 2025 to 2030 and will facilitate the introduction of … Read the full press release

Ericsson and Mobily Forge Partnership to Enhance Network Programmability in Saudi Arabia

(IN BRIEF) Ericsson and Etihad Etisalat (Mobily) have signed a Memorandum of Understanding (MoU) at LEAP 2024, Riyadh, Kingdom of Saudi Arabia, aiming to expose Mobily’s network capabilities to enterprises and developers in the country. Through this collaboration, Mobily will … Read the full press release

Relay by Lagardère Travel Retail Marks Exceptional Year with Global Expansion and Renewed Partnerships

(IN BRIEF) In 2023, Relay, the iconic brand by Lagardère Travel Retail, showcased its commitment to enhancing travelers’ experiences worldwide with a redefined brand signature and strategic partnerships. Renewed collaborations with Group ADP and SNCF in France highlighted Relay’s agility … Read the full press release

Evonik and Desktop Metal Strengthen Collaboration, Qualify INFINAM® ST 6100 L for Large Format ETEC 3D Printers

(IN BRIEF) Evonik and Desktop Metal have enhanced their partnership with the qualification of Evonik’s INFINAM® ST 6100 L photopolymer on Desktop Metal’s ETEC Xtreme 8K and Pro XL 3D printers. INFINAM® ST 6100 L, renowned for its high strength … Read the full press release

Stora Enso and SEB Forge Path for Forest Industry Entrepreneurs with Innovative Financing Model

(IN BRIEF) Stora Enso’s innovative Harvesting Partner concept, aimed at fostering entrepreneurship and skillful operators in the forest industry, has expanded across Sweden, Finland, Norway, and Lithuania since its launch in November 2022. In collaboration with SEB, Stora Enso has … Read the full press release

Atos, Open, and Sopra Steria Consortium Chosen by UGAP for Public Service Digital Transformation

(IN BRIEF) Atos, Open, and Sopra Steria Consortium, led by Atos, has secured a contract with the Union des Groupements d’Achats Publics (UGAP) to provide project management assistance (AMOE) and third-party application maintenance (TMA) services under the IT Intellectual Services … Read the full press release

Indra Unveils Ambitious Strategic Plan ‘Leading the Future’ to Transform Defence, Aerospace, and Digital Technologies

(IN BRIEF) Indra, a prominent player in defence, aerospace, and technology sectors, has revealed its comprehensive Strategic Plan titled ‘Leading the Future’, aiming to position itself as the national coordinator of Spain’s defence and aerospace ecosystem while playing a crucial … Read the full press release

Philips Tops Clarivate’s 2024 Global Innovator List for 11th Consecutive Year

(IN BRIEF) Royal Philips, a prominent figure in health technology, has once again secured its position in the 2024 Clarivate Top 100 Global Innovator™ list, marking its eleventh consecutive inclusion. With a dedication to R&D programs and collaborative efforts, Philips … Read the full press release

Cybersecurity across Europe in the last quarter: Post-Quantum Cryptography, 6G Network and Cloud Security

(IN BRIEF) In the last quarter (1 Dec 2023 – 1 Mar 2024), Europe’s cybersecurity scene was marked by significant strides, with Thales and Ericsson leading initiatives to enhance digital security. Thales’ TrustNest R-Cloud received European Restricted certification, bolstering secure … Read the full press release

driveMybox continues its international expansion: Hungary as a new strategic location

(IN BRIEF) Hamburg-based LogTech company driveMybox has officially announced its strategic partnership with I.C.E. Transport Hungary, a prominent freight forwarder in Eastern Europe. This collaboration marks driveMybox’s expansion into Hungary, its third international cooperation partner alongside Germany and Italy. The … Read the full press release

Wolters Kluwer’s OneSumX Solution Recognized for Cutting-Edge IFRS 9 Innovations

(IN BRIEF) Wolters Kluwer’s Finance, Risk and Regulatory Reporting (FRR) division’s OneSumX solution has been recognized with the Best Regulatory Compliance Solution for IFRS 9 award at the APAC Awards 2024 by RegTech Insight. OneSumX IFRS 9 simplifies compliance with … Read the full press release

Wolters Kluwer’s TeamMate+ Elevates Audit Solutions with Greek and Swedish Language Support

(IN BRIEF) Wolters Kluwer’s TeamMate+, a leading global audit solution, has expanded its language support to include Greek and Swedish, bringing the total supported languages to 19. This enhancement enables auditors to work in their preferred interface language, fostering global … Read the full press release

Wolters Kluwer Shares Insights from 2023 Annual Report, Emphasizing Sustainability and Financial Performance

(IN BRIEF) Wolters Kluwer, a global leader in professional information and software solutions, has released its 2023 Annual Report, providing insights into its financial and non-financial performance, including Environmental, Social, and Governance (ESG) achievements. The report features the company’s initial … Read the full press release

Hydro and NKT Forge Partnership for Low-Carbon Aluminium Power Cable Innovation

(IN BRIEF) Hydro and NKT have announced a strategic partnership to develop a cutting-edge, low-carbon aluminium power cable value chain, aimed at facilitating the growth of Europe’s renewable energy grid. The collaboration, set to extend towards 2030, will focus on … Read the full press release

Euronext Expands ELITE Program, Welcoming Six Portuguese Companies for Sustainable Growth

(IN BRIEF) Euronext, Europe’s leading market infrastructure, has expanded its ELITE ecosystem into Portugal, ushering in six diverse companies into the program. These companies, spanning sectors such as healthcare, technology, food, and manufacturing, collectively generate over 200 million Euros in … Read the full press release

Biotech Acceleration: Evotec and Claris Ventures Unite to Propel Portfolio Companies Forward

(IN BRIEF) Evotec and Claris Ventures have formed a strategic partnership to accelerate the progress of biotech ventures in Claris’s portfolio into clinical trials. This collaboration allows Claris’s portfolio companies, focused on biotech ventures nearing clinical trials, streamlined access to … Read the full press release

EIB and CERUDEB Launch €100 Million Initiative to Empower Women Entrepreneurs and Rural Enterprises in Uganda

(IN BRIEF) The European Investment Bank (EIB) and Centenary Rural Development Bank Ltd (CERUDEB) have unveiled a landmark €100 million investment aimed at bolstering private sector enterprises in Uganda, particularly focusing on women borrowers and rural microenterprises. With 50% of … Read the full press release