(IN BRIEF) Kurt Satzinger assumes leadership of voestalpine’s Research and Development (R&D) division, succeeding Franz Androsch, who retires after a distinguished tenure. With voestalpine’s robust commitment to innovation, Satzinger, equipped with extensive experience within the company, is poised to spearhead … Read the full press release
Posted in Austria, Business, Industrial, Management, Media, News, Science, Technology
Tagged appointment, digital, Franz Androsch, Herbert Eibensteiner, INNOVATION, Kurt Satzinger, leadership, R&D, Resource-Efficient Solutions, voestalpine
(IN BRIEF) Researchers at the University of Twente have developed a groundbreaking design strategy to enhance the efficiency, storage capacity, and durability of capacitors used in critical applications like pacemakers, defibrillators, radar technology, and electric vehicles. Led by Dr. Minh … Read the full press release
(IN BRIEF) Holcim, a global leader in building solutions, announced its first-quarter 2024 results, showcasing strong growth and strategic expansion. Despite challenges, the company reported a net sales increase of 3.4% in local currency, with recurring EBIT growth of 17.1%. … Read the full press release
Posted in Business, Construction, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland
Tagged Financial, holcim, investment, Jan Jenisch
(IN BRIEF) Neste, a leader in renewable fuels and circular economy solutions, unveiled its first-quarter 2024 results, demonstrating resilience amidst a weak renewables market. Despite challenges, the company reported a comparable EBITDA of EUR 551 million, reflecting a proactive approach … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, News
Tagged Financial, investment, Matti Lehmus, Neste, Renewables Market
(IN BRIEF) Schneider Electric, a leader in energy management and automation, has unveiled its first-quarter results for the Schneider Sustainability Impact (SSI) program, in conjunction with financial outcomes. The SSI program, integral to the company’s 2021–2025 sustainability targets, encompasses environmental, … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News
Tagged Financial, investment, Q1 2024 Results, Schneider Electric, sustainability, Xavier Denoly
(IN BRIEF) Safran has secured its position as France’s top patent holder, with a staggering 16,457 active patents, according to the National Industrial Property Institute’s (INPI) inaugural ranking. The aerospace giant’s relentless commitment to innovation is evident in its extensive … Read the full press release
Posted in Aviation & Aerospace, Awards, Business, France, Industrial, Management, News, Technology
Tagged Awards, Eric Dalbiès, France, INNOVATION, leadership, Safran
(IN BRIEF) Nordic Investment Bank (NIB) and Aktia Bank Plc have joined forces in a seven-year EUR 75 million loan agreement aimed at supporting small and medium-sized enterprises (SMEs), smaller mid-caps (SMCs), and environmental projects in Finland. With a commitment … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, News, Small Business, Sweden
Tagged Aktia Bank, André Küüsvek, environmental projects, Finland, Juha Hammarén, NIB, partnership, SMEs, sustainability, Sweden
(IN BRIEF) Nordic Investment Bank (NIB) and Husqvarna AB, a Swedish outdoor power products manufacturer, have inked a EUR 100 million 7-year loan pact to fund research and development (R&D) efforts from 2022 to 2024 in electrifying motorized equipment. … Read the full press release
Posted in Banks, Business, Electronics & Machinery, Environment, Financial, Finland, Industrial, Investment, Management, News, Sweden, Technology
Tagged Electric Equipment R&D, Husqvarna, NIB, Nicolas Audibert, partnership, sustainability, Sweden
(IN BRIEF) Sika is establishing a cutting-edge facility in Lima, Peru, to manufacture synthetic macro fibers, further solidifying its position as a key supplier to the mining industry and infrastructure projects in Latin America. These fibers, leveraging advanced technology, enhance … Read the full press release
(IN BRIEF) Finnvera, Finland’s export credit agency, has granted Nokia’s 5G deliveries a buyer credit guarantee worth USD 1.5 billion, marking one of its largest financing arrangements in history. The deal supports Nokia’s pivotal role in India’s 5G revolution, where … Read the full press release
Posted in Business, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged 5G network, Finnvera, INDIA, Jussi Haarasilta, Miska Kuhalampi, Nokia, partnership, Reliance Jio
(IN BRIEF) The European Commission has signed a Grant Agreement for the STORE (Shared daTabase for Optronics image Recognition and Evaluation) research project, led by Thales and funded by the European Defence Fund (EDF). Involving a consortium of 20 partners … Read the full press release
Posted in Artificial Intelligence (AI), Business, Defence, European Union, Financial, France, Government, Industrial, Investment, Management, News, Norway, Security & Safety, Technology
Tagged AI Project, Benoît Plantier, EU Commission, Land Forces, Norway, Optronic Systems, partnership, STORE (Shared daTabase for Optronics image Recognition and Evaluation), Thales
(IN BRIEF) LPKF Laser & Electronics SE achieved its Q1 revenue of EUR 25.4 million and adjusted EBIT of EUR -4.3 million, meeting guidance despite challenges in incoming orders due to project delays. The company made strides in key areas, … Read the full press release
Posted in Business, Economy, Electronics & Machinery, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Financial, investment, Klaus Fiedler, LPKF Laser & Electronics SE
(IN BRIEF) Symrise AG kicked off the 2024 fiscal year with a successful start, reporting a 5% increase in sales to €1.3 billion, supported by robust demand and organic growth of 10.9%. Dr. Jean-Yves Parisot, CEO, expressed optimism for the … Read the full press release
Posted in Business, Commodities, Economy, Financial, Food & Beverage, Germany, Industrial, Investment, Management, News
Tagged Dr. Jean-Yves Parisot, Financial, investment, Symrise AG
(IN BRIEF) Symrise is set to debut innovative health active solutions at Vitafoods Europe 2024, showcasing six concepts designed to address gut health, immunity, healthy aging, and metabolic health. The company’s focus on consumer needs drives the development of these … Read the full press release
Posted in Business, Food & Beverage, Germany, Healthcare, Industrial, Management, Media, News, Science, Technology
Tagged Fabrice Bohin, gut health, Health Solutions, healthy aging, immunity, metabolic health, Symrise, Vitafoods Europe 2024
(IN BRIEF) Celebrating four decades since their international debut in Rome, the Mercedes-Benz LN2 trucks made a significant impact in the light-duty truck segment. Produced from 1984 to 1998, they succeeded the LP series, dominating with their versatile range, advanced … Read the full press release
(IN BRIEF) Adyen (AMS: ADYEN) announced robust growth in its Q1 2024 business update, driven by a 46% year-over-year increase in processed volume, totaling €297.8 billion, attributed to volume acceleration with existing enterprise customers. Net revenue also saw a significant … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News, Technology
Tagged Adyen, Financial, investment, Q1 2024
(IN BRIEF) CNP Assurances has initiated exclusive negotiations with Hellenic Bank for the sale of its insurance operations in Cyprus and Greece. These operations, conducted through CNP Cyprus Insurance Holdings (CIH), represent a small fraction of CNP Assurances Group’s total … Read the full press release
Posted in Banks, Business, Cyprus, Economy, Financial, France, Government, Greece, Industrial, Insurance, Investment, Management, News
Tagged acquisition, CNP Assurances, Cyprus, Greece, Hellenic Bank, insurance, partnership
(IN BRIEF) Boliden, Nevel, Skellefteå Kraft, and Sveaskog have entered a letter of intent to conduct a feasibility study for establishing a hydrogen and biofuel value chain in Västerbotten, Sweden, with the aim of reducing CO2 emissions, particularly at the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden
Tagged biofuel, Boliden, carbon neutrality, hydrogen, Joachim Nordin, Mats Gustavsson, Nevel, partnership, Per Callenberg, Skellefteå Kraft, Stefan Johnsson, sustainability, Sveaskog, Sweco
(IN BRIEF) International technology group ANDRITZ has announced satisfactory business development in the first quarter of 2024, with stable profitability despite a slight decrease in revenue. While total order intake declined from the previous year’s high, orders for green technologies … Read the full press release
Posted in Austria, Business, Economy, Financial, Industrial, Investment, Management, News, Technology
Tagged Andritz, economic challenges, Financial, investment, Joachim Schönbeck, profitability
(IN BRIEF) The European Investment Bank (EIB) has inked a €150 million loan deal with Helen Ltd, a prominent Finnish energy company owned by the City of Helsinki. This funding aims to bolster two new renewable-energy initiatives in the district … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Helen Ltd, Helsinki, investment, partnership, renewable energy, sustainability, Thomas Östros, Timo Rajala
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