(IN BRIEF) Equinor faced a devastating blow in the first quarter with the loss of a colleague in a helicopter crash, underscoring the paramount importance of safety measures across its operations. While investigations continue into the accident involving Bristow, Equinor … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Norway, Security & Safety
Tagged Equinor, Jannicke Nilsson, Safety Priorities, Tragic Helicopter Accident
(IN BRIEF) Despite facing a challenging economic climate, the Bosch Group showcased growth and profitability in the 2023 business year. With sales reaching 91.6 billion euros and an EBIT margin from operations up by 5.3 percent year-on-year, the company is … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Bosch, economy, Financial, investment, Markus Forschner, Stefan Hartung
(IN BRIEF) Barclays and the Lawn Tennis Association (LTA) have launched a new five-year partnership aimed at getting 150,000 people playing tennis more regularly in parks across Britain. Through the initiative “Barclays Free Park Tennis,” free volunteer-led tennis sessions will … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Sports, United Kingdom
Tagged Barclays, Britain, Clare Balding, Free Park Tennis, Lawn Tennis Association (LTA), partnership, Scott Lloyd, sport, Tom Corbett
(IN BRIEF) Munich Re announces strategic changes to its leadership structure in Asia Pacific, Middle East & Africa (APAC MEA), aimed at bolstering its in-market Underwriting capabilities and refining its regional divisions. The revised setup will prioritize stronger local Underwriting … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Government, Industrial, Insurance, Investment, Management, News
Tagged Achim Kassow, Africa, Ajeet Phatak, appointment, Asia Pacific, Belhassen Tonat, Brian Jinzenji, CHINA, Florian Gruson, Haruka Narahashi, Hitesh Kotak, INDIA, Japan, Joachim Zagrosek, KOREA, leadership, MENA, Michael Hauer, Munich Re, Roland Eckl, Serene Chan, South-East Asia, Surbhi Goel
(IN BRIEF) General Motors (GM) has named BASF as its 2023 Supplier of the Year, marking the 17th time BASF has received this prestigious award in GM’s 32-year history of recognition programs. The award highlights BASF’s commitment to providing high-quality … Read the full press release
Posted in Automotive, Awards, Business, Chemicals, Environment, Germany, Industrial, Management, Media, News, Technology
Tagged 2023 Supplier of the Year, Awards, BASF, General Motors, Jeff Morrison, partnership, sustainability, Uta Holzenkamp
(IN BRIEF) At Hannover Messe 2024, Siemens unveils an array of cutting-edge technologies aimed at fostering sustainable transformation in the industrial sector. Among the highlights are the integration of Siemens Industrial Copilot into various industries, showcased in collaboration with partners … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Cedrik Neike, Hannover Messe 2024, Industrial Transformation, innovations, Klaus Rosenfeld, Matthias Rebellius, NVIDIA, Olaf Scholz, partnership, Rev Lebaredian, Roland Busch, Schaeffler, Siemens, sustainability
(IN BRIEF) Siemens Smart Infrastructure has introduced Electrification X, the latest addition to its Xcelerator portfolio, aiming to revolutionize the transformation of electrification infrastructure. Building upon the success of Building X and Gridscale X, Electrification X offers scalable IoT SaaS … Read the full press release
(IN BRIEF) Škoda Auto is set to debut its latest innovation, the Škoda Vision Gran Turismo concept car, in a digital world premiere on April 24th at 18:00 CEST. Broadcasting live from Prague’s PLAYzone Arena, the event will showcase Škoda’s … Read the full press release
Posted in Automotive, Business, Czech Republic, Entertainment, Financial, Industrial, Investment, Management, News, Technology
Tagged Modernity, ŠKODA AUTO, Škoda Vision Gran Turismo concept car
(IN BRIEF) Allianz Group has finalized the sale of its 51% stake in Allianz Saudi Fransi to Abu Dhabi National Insurance Company (ADNIC), marking a strategic move in its business operations in the Middle East. The transaction, which received regulatory … Read the full press release
(IN BRIEF) Henkel Adhesive Technologies, a global leader in adhesives, sealants, and coatings, has unveiled its innovative digital solution, the ‘Henkel Environmental Assessment Reporting Tool’ (HEART). Developed in collaboration with Henkel’s digital department and Capgemini, HEART automatically calculates the product … Read the full press release
(IN BRIEF) Feka Automotive, a prominent Serbian automotive lighting producer with ties to major global car manufacturers, including Toyota and Volkswagen, is set to undergo a significant expansion with the support of a €15 million loan from the European Bank … Read the full press release
Posted in Automotive, Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Serbia, Technology, United Kingdom
Tagged automotive, EBRD, ENERGY, expansion, Feka Automotive, partnership, SERBIA, Stellantis, sustainability, Toyota, Volkswagen
(IN BRIEF) The Joint Initiative on Circular Economy (JICE), spearheaded by prominent European Union public promotional banks and institutions, has exceeded its initial €10 billion financing goal for circular economy projects, reaching €11.57 billion by the close of 2023. At … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Bank Gospodarstwa Krajowego, Bpifrance, Caisse des Dépôts group, Cassa Depositi e Prestiti, Dario Scannapieco, EIB, Eric Lombard, European Promotional Banks, expansion, Financing Target, Instituto de Crédito Oficial, Joint Initiative on Circular Economy (JICE), José Carlos García de Quevedo, KfW, Nadia Calviño, partnership, Radoslaw Kwiecien, Rinke Zonneveld, Stefan Wintels
(IN BRIEF) In a landmark move, the European Investment Bank (EIB) has granted a €150 million loan to Bhutan, marking its first-ever investment in the country. This funding aims to bolster Bhutan’s renewable energy sector, particularly through the development of … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Bhutan, carbon neutrality, EIB, investment, Leki Wangmo, Lyonpo Lekey Dorji, Markus Berndt, Nadia Calviño, partnership, renewable energy, sustainability
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