Daily Archives: 9, April 2024

Peel Ports and E.ON Forge Green Energy Partnership to Revolutionize Port Operations

(IN BRIEF) Peel Ports Group partners with E.ON to initiate ambitious solar and wind projects at the Port of Liverpool, aiming to achieve net-zero emissions by 2040. The collaboration kicks off with plans for the installation of the UK’s largest … Read the full press release

Volkswagen’s GTI Fanfest 2024: A Celebration of Icons Coming Home

(IN BRIEF) Volkswagen announces the upcoming GTI Fanfest, scheduled from July 26-28 at the Volkswagen Arena in Wolfsburg, with the theme “Icons Coming Home.” Tickets are available for purchase, offering access to a range of activities including car displays, stage … Read the full press release

Revolutionizing B2B Charging Solutions: Volkswagen’s Elli Launches Charging Site Management for Fleet Electrification

(IN BRIEF) Volkswagen Group’s subsidiary Elli has unveiled Charging Site Management, a comprehensive B2B solution designed to facilitate the electrification of fleets. This innovative product offers a modular portfolio including AC and DC charging hardware, integrated software solutions, and consulting … Read the full press release

Siemens AG Extends Contracts for CEO Roland Busch and Digital Industries CEO Cedrik Neike

(IN BRIEF) Siemens AG’s Supervisory Board has confirmed a five-year contract extension for President and CEO Roland Busch, effective from April 1, 2025, signaling support for Siemens’ strategic direction under Busch’s leadership. The extension reflects confidence in Busch’s track record … Read the full press release

Germany Commissions Rheinmetall for Additional Marder Infantry Fighting Vehicles for Ukraine

(IN BRIEF) The German government has enlisted Rheinmetall to supply an additional 20 Marder infantry fighting vehicles (IFVs) to Ukraine, following a mid double-digit million Euro range contract placed in March 2024. Equipped with integrated laser range finders for enhanced … Read the full press release

Vantage Towers Appoints Leigh Ann Schell as Chief Human Resources Officer

(IN BRIEF) Leigh Ann Schell has been named the Chief Human Resources Officer (CHRO) of Vantage Towers AG, effective April 1, 2024. In her new role, Schell will focus on enhancing the tower company’s HR strategy, working closely with CEO … Read the full press release

GEA Showcases Innovative Solutions for Wastewater Treatment Efficiency at IFAT 2024

(IN BRIEF) At the IFAT 2024 trade fair, GEA is set to unveil its latest advancements in wastewater treatment technology, including decanters for sludge treatment and the groundbreaking digital real-time monitoring system, GEA Intellicant®. The decanter centrifuges, validated with GEA’s … Read the full press release

Telefónica’s Economic and Social Impact: Driving Growth and Sustainability

(IN BRIEF) Telefónica continues to make significant contributions to economic and social development, as highlighted in its Consolidated Management Report 2023. The group’s operations generated over €49 billion in Gross Domestic Product (GDP) in countries where it operates, with each … Read the full press release

DWS Expands European Infrastructure Portfolio with Acquisition of Solar PV Plants in Spain

(IN BRIEF) DWS, a prominent asset manager, has finalized an agreement with global renewable energy developer X-ELIO to acquire three solar photovoltaic (PV) plants in Spain as part of its European infrastructure investment strategy. With a combined capacity of 147 … Read the full press release

Beyond Beauty: BASF Unveils Sustainable Solutions at in-cosmetics Global

(IN BRIEF) BASF, a leading ingredient supplier in the Personal Care industry, showcased innovative solutions at in-cosmetics Global in Paris, highlighting their commitment to sustainability and consumer-centric products. Gisela Pinheiro, Senior Vice President of BASF Personal Care Europe, emphasized the … Read the full press release

Infineon Solidifies Global Leadership in Automotive Semiconductors

(IN BRIEF) Infineon Technologies AG maintained its position as the global leader in automotive semiconductors in 2023, as per TechInsights’ latest research. With the global automotive semiconductor market reaching a record size of US$69.2 billion, Infineon’s market share increased to … Read the full press release

Feed Analysis Reinvented: Intraco Ltd Teams Up with trinamiX GmbH for Advanced Spectroscopy Solutions

(IN BRIEF) Intraco Ltd, a prominent exporter of premixes and concentrates, and trinamiX GmbH, a leading provider of mobile spectroscopy solutions, have collaborated to revolutionize feed analysis. Their partnership aims to provide Intraco and its distribution partners with real-time nutrient … Read the full press release

AFRY Report Emphasizes Climate Benefits of Forest Products in EU Transition

(IN BRIEF) A new report commissioned by FAM and conducted by AFRY highlights the significant climate benefits of forest products, often overlooked in EU policies focused solely on carbon sinks. The report underscores the importance of recognizing the substitution effect, … Read the full press release

Digital Rail Germany Boosts Circuit Board Production for Green Rail Progress

(IN BRIEF) Digital Rail Germany announces a strategic initiative to enhance circuit board production at their Industrial Competence Center in Arnstadt/Thuringia, aiming to accelerate progress towards green rail infrastructure in Europe. Recognizing the critical role of circuit boards in digital … Read the full press release

Leadec Reaches Milestone: 500,000th Wheel Assembled for MAN Truck Plant

(IN BRIEF) Leadec, a service specialist, has celebrated a significant milestone by assembling its 500,000th wheel for the MAN truck plant in Niepołomice, Poland. This achievement, marked by a ceremony, underscores Leadec’s seamless collaboration with MAN in operations, quality, and … Read the full press release

Aegon Unveils EUR 35 Million Share Repurchase Initiative to Fulfill Senior Management Compensation Obligations

(IN BRIEF) Aegon has announced a plan to repurchase common shares worth EUR 35 million to fulfill obligations related to share-based compensation plans for senior management. The repurchased shares will be held as treasury shares until allocated to plan participants. … Read the full press release

Thales Australia Collaborates with Saildrone to Enhance Maritime Surveillance Capabilities

(IN BRIEF) Thales Australia has unveiled a partnership with Saildrone, integrating Thales’ Thin Line Towed Array with Saildrone’s Surveyor, the world’s largest unmanned autonomous vehicle. This collaboration aims to bolster surveillance and monitoring capabilities for open-ocean hydrographic surveys and maritime … Read the full press release

Thales Alenia Space Secures €522m Contract for ExoMars 2028 Mission

(IN BRIEF) Thales Alenia Space, a joint venture between Thales and Leonardo, has clinched a significant framework contract with the European Space Agency (ESA) worth €522m for the continuation of crucial activities towards the ExoMars 2028 mission. The mission, slated … Read the full press release

Massy Wood Secures Three-Year Agreement to Enhance Operational Efficiency at Atlantic LNG Facility in Trinidad

(IN BRIEF) Wood’s joint venture company, Massy Wood, has inked a significant three-year deal with Atlantic LNG Company of Trinidad and Tobago (Atlantic) to provide project management and engineering expertise at Atlantic’s liquefaction facility in Point Fortin, Trinidad. As Trinidad’s … Read the full press release

Digital Inclusion Initiative: Orange Digital Center Partners with Coursera to Provide Essential Digital Skills Training to Youth in Africa and the Middle East

(IN BRIEF) Orange Digital Center has partnered with Coursera to launch a free high-level certification training program for youth in Africa and the Middle East. The initiative aims to provide essential digital skills training, including areas such as AI, cybersecurity, … Read the full press release

Accenture Strengthens European Foothold with Acquisition of Axis Corporate in Spain

(IN BRIEF) Accenture (NYSE: ACN) has bolstered its European presence with the acquisition of Axis Corporate, a renowned Spanish management and technology consulting firm specializing in financial services. With a focus on strategy and technology, Axis Corporate brings expertise in … Read the full press release