Daily Archives: 6, May 2024

ZF Wind Power Expands Capacities in India and Partners with ABS Wind for Enhanced Service in the US

(IN BRIEF) ZF Wind Power is boosting its capacity in Coimbatore, India, from 9 to 12 GW to meet the surging global demand in the wind market, supporting the transition of over 10 million households to green energy annually. Additionally, … Read the full press release

Infineon Partners with Xiaomi EV to Supply Silicon Carbide Power Modules for SU7 Electric Vehicles

(IN BRIEF) Infineon Technologies AG, a semiconductor leader, will provide silicon carbide (SiC) power modules and bare die products to Xiaomi EV for its SU7 electric vehicles until 2027. Infineon’s CoolSiC-based power modules offer superior performance, driving dynamics, and lifetime … Read the full press release

Standard Chartered Raises Over USD 1 Billion in Signature CIO Funds

(IN BRIEF) Standard Chartered Bank has successfully raised more than USD 1 billion through its suite of Signature CIO Funds, launched in late 2022. These multi-asset solutions, including Conservative, Income, Balanced, and Growth Funds, cater to varying client risk and … Read the full press release

Eviden Launches Mission Critical Systems Technology Center in Lower Austria

(IN BRIEF) Eviden, a leading digital, cloud, big data, and security provider within the Atos Group, has unveiled its new facility, the Eviden Mission Critical Systems Technology Center, situated in Prottes, Lower Austria. This inauguration underscores Eviden’s dedication to advancing … Read the full press release

WACKER Expands Biopharmaceutical Capabilities in the USA for Advanced Therapies

(IN BRIEF) WACKER is strategically enhancing its BIOSOLUTIONS life-science division by bolstering capacities in biopharmaceuticals for advanced therapies. Its subsidiary, Wacker Biotech US, based in San Diego, is expanding mRNA and protein production to meet the surging demand for contract … Read the full press release

Applike Group Expands to New Headquarters in Hamburg, Combining Innovation with Industrial Design

(IN BRIEF) The Hamburg-based tech firm, the applike group, renowned for mobile app management and distribution, has relocated its headquarters to central Hamburg to accommodate its expanding operations. The move to new offices, managed by Lindner, reflects the company’s commitment … Read the full press release

AstraZeneca Completes Equity Investment in Cellectis for Cell and Gene Therapy Development

(IN BRIEF) AstraZeneca has finalized its equity investment with Cellectis, a clinical-stage biotechnology firm, following a successful research collaboration agreement announced in November 2023. This partnership aims to harness Cellectis’ gene editing technologies to design up to 10 novel cell … Read the full press release

VINCI Appoints Pierre Anjolras as Chief Operating Officer in Strategic Succession Plan

(IN BRIEF) On May 3, 2024, VINCI’s Board of Directors, chaired by Xavier Huillard, unanimously approved the appointment of Pierre Anjolras as Chief Operating Officer (COO) of VINCI. Anjolras, who brings extensive experience in motorway concessions and executive leadership within … Read the full press release

STARK Group Expands Logistics with New Central Warehouse in Sweden

(IN BRIEF) STARK Group announces the opening of a vast central warehouse in Eskilstuna, Sweden, marking a significant investment in the company’s logistics infrastructure. With a sprawling expanse of 63,000 square meters, equivalent to 12 football fields, the warehouse is … Read the full press release

Lidl Introduces BILDplus Premium Offer for Lidl Plus App Users, Enhancing Customer Loyalty

(IN BRIEF) Lidl announces a new partnership with BILD Group, introducing BILDplus as a premium offer for users of the Lidl Plus app in Germany. Customers reaching a certain monthly shopping volume through Lidl Plus will receive complimentary access to … Read the full press release

Paris 2024 Unveils Stunning Design for Olympic and Paralympic Torch Relay Cauldron by Mathieu Lehanneur

(IN BRIEF) Paris 2024, in anticipation of the Torch Relay’s arrival in Marseille on 8 May, reveals the striking design of the Olympic and Paralympic Torch Relay cauldron, crafted by renowned designer Mathieu Lehanneur and manufactured by ArcelorMittal. The cauldron, … Read the full press release

Leighton Asia Secures A$4.3 Billion North District Hospital Expansion Project in Hong Kong

(IN BRIEF) CIMIC Group subsidiary Leighton Asia, in partnership with China Railway First Group, has been awarded the A$4.3 billion North District Hospital (NDH) expansion project by the Hong Kong Hospital Authority. Expected to generate up to A$2.4 billion in … Read the full press release

Mercedes-Benz Trucks Embarks on Landmark European Testing Tour with eActros 600 Electric Flagship

(IN BRIEF) Mercedes-Benz Trucks is gearing up for its most extensive test run yet, slated for this summer, featuring the groundbreaking electric flagship eActros 600. With two near-series prototypes, the trucks will traverse over 20 European countries, clocking more than … Read the full press release

Bechtle Direct Italy Expands Operations with New Milan Office, Embracing Growth and Innovation

(IN BRIEF) Bechtle direct Italy is extending its presence to Milan, securing a prime location in the city’s renowned Milanofiori Nord business district, housed in the eco-friendly U15 building. This expansion underscores Bechtle’s commitment to fostering sustained growth, enhancing accessibility … Read the full press release

Jungheinrich AG Appoints Nadine Despineux as Sales Board Member, Honors Departing Christian Erlach

(IN BRIEF) Nadine Despineux, with over two decades of management experience in international mechanical engineering companies, has been appointed as the new Member of the Board of Management, Sales at Jungheinrich AG, effective from 15th July 2024, succeeding Christian Erlach, … Read the full press release