Daily Archives: 30, April 2024

LANXESS Unveils Innovative Solutions for Water Treatment and Recycling at IFAT 2024

(IN BRIEF) LANXESS is set to showcase its latest advancements in water treatment and recycling technologies at IFAT 2024 in Munich, from May 13 to 17, 2024. The company will spotlight solutions for PFAS removal, battery recycling, and PEM electrolysis … Read the full press release

TikTok Teams Up with CTS EVENTIM to Drive Live Event Ticket Sales

(IN BRIEF) TikTok and CTS EVENTIM have joined forces to introduce a new feature enabling artists to enhance their live ticket sales by engaging with millions of users on the platform. This collaboration empowers artists to promote their tour dates … Read the full press release

Bayer and Evotec Forge Partnership for Next-Generation Cardiovascular Therapies

(IN BRIEF) Bayer and Evotec have updated their strategic collaboration to focus on developing precision treatments for cardiovascular diseases (CVDs). Leveraging Evotec’s expertise in disease modelling using human induced pluripotent stem cells (iPSCs), the collaboration aims to identify and validate … Read the full press release

AIXTRON Bolsters Investor Relations Team with Christian Ludwig Appointment

(IN BRIEF) AIXTRON SE, a leading provider of deposition equipment to the semiconductor industry, has announced the appointment of Christian Ludwig as its new Vice President of Investor Relations. With extensive experience in the semiconductor industry and a background in … Read the full press release

MTU Aero Engines Reports Strong Q1 2024 Results Amidst Supply Chain Challenges

(IN BRIEF) MTU Aero Engines AG announced positive financial results for the first quarter of 2024, with adjusted revenue reaching €1.67 billion, marking an 8% increase compared to the same period in 2023. Despite facing challenges in the Geared Turbofan™ … Read the full press release

Vonovia SE: Positive Start to 2024 with Strong Operating Results and Sustainability Recognition

(IN BRIEF) Vonovia SE, based in Bochum, Germany, began the year with robust operating results, marking a positive start to 2024. The company’s core segment, Rental, saw a notable increase in its EBITDA contribution, reaching €592.9 million during the first … Read the full press release

Mercedes-Benz Special Trucks Test Unimog on Grossglockner High Alpine Road for Winter Service Efficiency

(IN BRIEF) A team from Mercedes-Benz Special Trucks conducted a two-week winter test with four Unimog vehicles along the Grossglockner High Alpine Road. As part of the Mercedes-Benz Special Trucks Alpine testing program, they assisted Großglockner Hochalpenstraßen AG in clearing … Read the full press release

Ahold Delhaize Repurchased 1,238,807 Shares as Part of €1 Billion Buyback Program

(IN BRIEF) Ahold Delhaize, a major retail company, has repurchased 1,238,807 of its common shares between April 22, 2024, and April 26, 2024, as part of its ongoing €1 billion share buyback program announced in November 2023. The shares were … Read the full press release

Uniper’s Bold Steps Towards Sustainability: New Reports, Targets, and Human Rights Commitment

(IN BRIEF) Uniper, a prominent energy company, has released its eighth Sustainability Report and its inaugural Climate Transition Plan, signifying a pivotal shift towards sustainability. The Climate Transition Plan outlines Uniper’s trajectory towards achieving carbon neutrality by 2040, ten years … Read the full press release

Axel Springer Prize for Young Journalism Honors Innovative Works and AI Integration

(IN BRIEF) The Axel Springer Prize for Young Journalism, renowned for recognizing exceptional journalistic talent, this year introduced a new category, “Future,” focusing on works related to artificial intelligence (AI) or produced with AI support. The awards ceremony celebrated young … Read the full press release

Kapsch TrafficCom Secures Contract for Swiss HGV Road Fee Collection System Until 2032

(IN BRIEF) Kapsch TrafficCom has been awarded a contract by the Swiss Federal Office for Customs and Border Security (BAZG) to provide and manage the heavy goods vehicle (HGV) road fee collection system until at least the end of 2032. … Read the full press release

Euronext Receives S&P Rating Upgrade to BBB+ with Positive Outlook

(IN BRIEF) Euronext, the leading pan-European market infrastructure, celebrates a significant milestone as S&P upgrades its rating from ‘BBB+, Stable Outlook’ to ‘BBB+, Positive Outlook’. This decision reflects Euronext’s successful integration of the Borsa Italiana Group, expansion of Euronext Clearing, … Read the full press release

Rheinmetall Launches Innovative Curb Charger Pilot Project in Nörvenich

(IN BRIEF) Rheinmetall, in collaboration with the municipality of Nörvenich and Westenergie AG, has initiated a pilot project to trial curb chargers on public roads in Nörvenich. This project aims to integrate Rheinmetall’s curb chargers into the municipality’s infrastructure, providing … Read the full press release

FUCHS SE Reports Strong Start to 2024 Despite Sales Decrease

(IN BRIEF) FUCHS SE has begun the financial year 2024 with positive results, despite a 6% decrease in sales revenues to EUR 877 million, attributed to price adjustments and negative currency effects. However, the company saw a 4% increase in … Read the full press release

EVBox Releases Impact Report 2023: A Comprehensive Review of Sustainability Milestones

(IN BRIEF) EVBox, a global leader in electric vehicle (EV) charging solutions, has unveiled its Impact Report 2023, showcasing the company’s dedication to sustainability and responsible business practices. The report highlights EVBox’s progress throughout 2023, emphasizing its commitment to environmental, … Read the full press release

Vattenfall Reports Strong Financial Performance and Renewable Energy Milestones in Q1 2024

(IN BRIEF) Vattenfall’s financial report for January-March 2024 highlights a 21% decrease in net sales, offset by a 45% increase in underlying operating profit and a 27% increase in operating profit. Profit for the period surged by 43%, indicating robust … Read the full press release

Drax Partners with ANDRITZ to Boost Renewable Energy Capacity at Cruachan Pumped Storage Plant

(IN BRIEF) Renewable energy company Drax has selected international technology group ANDRITZ as the main contractor for the upgrade of its Cruachan pumped storage power plant in Scotland. The project entails the installation of two new generating units, including pump … Read the full press release

ANDRITZ Enhances Sustainability and Efficiency at Essity’s Paper Mill in Prudhoe

(IN BRIEF) International technology group ANDRITZ has completed the upgrade of the combustion system on a through-air drying (TAD) tissue machine at Essity’s paper mill in Prudhoe, marking the third such upgrade for the global hygiene and health company. The … Read the full press release

Bechtle AG Transforms Rostock into European AI Hub in Partnership with Planet AI

(IN BRIEF) Bechtle AG is strategically positioning the Rostock location as a hub for innovative AI applications in collaboration with Planet AI, largely due to the proximity to the University of Rostock. The partnership, backed by a cooperation agreement since … Read the full press release

EIF Backs €100 Million Investment for Underprivileged Students’ Education in Germany and Spain

(IN BRIEF) The European Investment Fund (EIF) has committed to guaranteeing over €100 million in financing through three intermediaries in Germany and Spain. Aimed at providing better access to education and training for underprivileged students and learners, the initiative is … Read the full press release