Daily Archives: 19, April 2024

EIB and Ukraine Forge Strategic Partnership for Reconstruction and Growth

(IN BRIEF) The European Investment Bank (EIB) and the Government of Ukraine have solidified a strategic collaboration to bolster Ukraine’s reconstruction, recovery, and integration with the EU. This partnership, marked by a new memorandum of understanding (MoU), pledges €560 million … Read the full press release

Ingka Group Expands Globally with New IKEA Store Openings in Switzerland and China

(IN BRIEF) Ingka Group, the leading IKEA retailer, is embarking on an ambitious expansion journey by opening new IKEA stores and customer meeting points in various locations worldwide. In Switzerland, a modern IKEA store opened in Riddes, featuring innovative sustainability … Read the full press release

Vonk en Co BV Introduces New Mercedes-Benz Ategos to its Fleet for Enhanced Distribution Operations

(IN BRIEF) Vonk en Co BV, an international haulage company specializing in white goods transportation, has recently integrated seven new Mercedes-Benz Ategos into its fleet, totaling 13 vehicles. These Ategos, equipped with box bodies, replace older trucks and are expected … Read the full press release

Sandvik Secures SEK 170 Million Order for Electric Drill Rigs in Mongolia’s Tsagaan Suvarga Project

(IN BRIEF) Sandvik has clinched a significant order worth around SEK 170 million from Mongolyn Alt MAK LLC to supply five cable-electric DR410iE drill rigs for deployment at the Tsagaan Suvarga Project in Mongolia. Scheduled for delivery between the second … Read the full press release

FORVIA HELLA Launches Innovative RokLUME 280N SMART Work Lamp for Enhanced Vehicle Safety and Efficiency

(IN BRIEF) FORVIA HELLA introduces the RokLUME 280N SMART, a groundbreaking work lamp designed for vehicles in mining, construction, and forestry sectors. Controlled via a gateway using Powerline Communication (PLC), this versatile lighting system allows operators to customize lighting according … Read the full press release

DEUTZ Launches Greenfield Award to Foster Sustainable Mobility Innovation

(IN BRIEF) DEUTZ, in celebration of its 160th anniversary, initiates the “DEUTZ Greenfield Award” aimed at students and young researchers to foster innovation in sustainable mobility within the off-highway sector. Until May 17, 2024, participants can submit their ideas for … Read the full press release

Scania Dominates European Green Truck Competition Once Again

(IN BRIEF) Scania, the Södertälje-based manufacturer of heavy trucks, reaffirms its dominance in the European Green Truck comparison test, winning the title for the seventh time in eight years. Organized by two German trade magazines, the competition aims to identify … Read the full press release

bp Streamlines Organizational Structure to Drive Value Growth

(IN BRIEF) In a move to enhance operational efficiency and focus on delivering its priorities, bp announces a simplification of its organizational structure. The company will maintain three core businesses – production & operations, gas & low carbon energy, and … Read the full press release