(IN BRIEF) Olea Global Pte Ltd, a leader in digital infrastructure platforms, has signed a memorandum of understanding with Standard Chartered to bolster small and medium-sized enterprises (SMEs). This strategic partnership aims to develop integrated supply chain solutions and other … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged Amelia Ng, Olea, partnership, SMEs, Standard Chartered, Xie Wen
(IN BRIEF) During a state visit to France by the President of China, TotalEnergies and SINOPEC, represented by their respective leaders Patrick Pouyanné and Ma Yongsheng, signed a strategic cooperation agreement to enhance their collaboration in low-carbon energies. Building on … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has released a report by the Vienna Initiative working group, titled “Greening the financial sector: A Central, Eastern and South-Eastern European perspective.” The report underscores the pivotal role of the financial sector in … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Ambroise Fayolle, Austria, CESEE, Debora Revoltella, EIB, Financial, green transition, partnership, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) has partnered with Valle Umbra Servizi to enhance water service resilience and efficiency across 22 municipalities in Perugia, Italy, with a €35 million green loan under the InvestEU program. This initiative marks the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News
Tagged EIB, Eng. Vincenzo Rossi, Gelsomina Vigliotti, InvestEU program, Italy, partnership, sustainability, Umbria, water services
(IN BRIEF) Georg Stamatelopoulos, the new CEO of EnBW, reflected on the company’s strong financial results for 2023 and affirmed the guidance for 2024 during the Annual General Meeting held virtually from Stuttgart. EnBW, which plans to invest about €40 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged Andreas Schell, EnBW, Financial, Georg Stamatelopoulos, investment, Peter Heydecker
(IN BRIEF) Meisheng Group has initiated operations of a new ANDRITZ needlepunch line at its facility in Shaoxing City, Zhejiang Province, enhancing its production capabilities to meet the rising demand for synthetic suede, especially in New Energy Vehicles (NEVs). This … Read the full press release
Posted in Austria, Automotive, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, CHINA, Meisheng Group, Mr. Qian Guochun, needlepunch line, partnership, sustainability, Synthetic Suede Production
(IN BRIEF) Outokumpu, in a robust advancement of its strategic plan, has increased its EBITDA run-rate improvement target by €150 million to €350 million, aiming to bolster its competitiveness in the stainless steel industry. Achieving its initial target ahead of … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, Heikki Malinen, investment, Outokumpu
(IN BRIEF) Steffen Hoffmann, an internationally experienced executive with a comprehensive background in finance, will become the new Chief Financial Officer of Aurubis AG on October 1, 2024. He will be succeeding Rainer Verhoeven, who announced his departure effective June … Read the full press release
Posted in Business, Germany, Industrial, Management, Metals and Minerals, News
Tagged Aurubis AG, CFO, Prof. Dr. Fritz Vahrenholt, Rainer Verhoeven, Steffen Hoffmann
(IN BRIEF) Brenntag, the global leader in chemicals and ingredients distribution, announces the expansion of its partnership with Coöperatie Koninklijke Avebe U.A. (“Royal Avebe”) to include the United Kingdom and Ireland. This extension of the distribution agreement provides Brenntag customers … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Ireland, Management, News, Technology, United Kingdom
Tagged Brenntag, Chris Hollebek, Ireland, Jerzy Jasiński, partnership, Potato Starch, protein, Royal Avebe, sustainability, UK
(IN BRIEF) During the Annual General Meeting of Hannover Rück SE, all proposed resolutions were approved. CEO Jean-Jacques Henchoz reflected on the successful financial years of the past strategy cycle, emphasizing the company’s reliability amidst challenges. Moving forward with the … Read the full press release
Posted in Business, Financial, Germany, Industrial, Insurance, Investment, Management, News
Tagged appointment, Dr. Alena Kouba, Dr. Andrea Pollak, Dr. Erhard Schipporeit, Frauke Heitmüller, Hannover Rück SE, Harald Kayser, Jean-Jacques Henchoz, leadership, Natalie Bani Ardalan, Sibylle Kempff, Supervisory Board Members, Timo Kaufmann
(IN BRIEF) Wolters Kluwer Tax & Accounting (TAA) unveils AI-enabled upgrades to CCH® AnswerConnect, its leading tax, accounting, and audit research product. Leveraging GenAI, the platform now offers enhanced natural language Q&A functionality, empowering accounting professionals to efficiently navigate tax … Read the full press release
(IN BRIEF) Wolters Kluwer, a global leader in professional information, software solutions, and services, inaugurates its dedicated AI center, showcasing its ongoing fusion of deep domain expertise with cutting-edge AI technology. Centralizing AI insights, research, and solutions, the center caters … Read the full press release
(IN BRIEF) Saltigo, a subsidiary of LANXESS specializing in exclusive synthesis of active ingredients and intermediates, introduces “Net Zero Custom Manufacturing” to offer sustainable production solutions to potential customers, particularly in the food and agrochemical industries. The initiative focuses on … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged "Net Zero Custom Manufacturing", LANXESS, Michael Schäfer, Saltigo, sustainable production
(IN BRIEF) FORVIA, the world’s seventh-largest automotive technology supplier resulting from the merger of Faurecia and HELLA, receives two Automotive News PACEpilot Innovation to Watch recognitions at the 2024 awards ceremony in Detroit. The accolades celebrate FORVIA’s pioneering contributions to … Read the full press release
Posted in Automotive, Awards, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Automotive News PACEpilot Innovation, Awards, Forvia, Hella, Jörg Weisgerber, Thorsten Muschal
(IN BRIEF) German MAWS GbR, comprised of ESG Elektroniksystem- und Logistik-GmbH, HENSOLDT Sensors GmbH, and Diehl Defence GmbH & Co. KG, secures the contract for the second national supplementary study for the Franco-German Maritime Airborne Warfare System (MAWS) project. MAWS … Read the full press release
Posted in Artificial Intelligence (AI), Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Diehl Defence GmbH & Co. KG, ESG Elektroniksystem- und Logistik-GmbH, Franco-German Maritime Airborne Warfare System, Hensoldt Sensors GmbH, MAWS GbR, partnership
(IN BRIEF) VARTA AG’s Supervisory Board has named Michael Ostermann as Board Member and Chief Executive Officer (CEO), effective May 6, 2024. With extensive management experience in the automotive and battery industries, Ostermann is poised to lead VARTA AG, alongside … Read the full press release
(IN BRIEF) Ericsson and Umniah have inked a memorandum of understanding (MoU) to extend the 3G and 4G network in major Jordanian cities. The expansion, facilitated by Ericsson Radio System products and solutions, utilizes 10 megahertz (MHz) of spectrum, enhancing … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 3G network, 4G network, Ericsson, Faisal Qamhiyah, JORDAN, Kevin Murphy, partnership, sustainability, Umniah
(IN BRIEF) VINCI Highways, a subsidiary of VINCI Concessions, secures contracts in Georgia and Texas, marking its entry into the toll services market in Georgia and strengthening its presence in Texas. The Georgia State Road and Tollway Authority (SRTA) entrusts … Read the full press release
Posted in Business, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged GEORGIA, partnership, Texas, U.S. Toll Services, VINCI Highways
(IN BRIEF) BASF, in collaboration with International Process Plants (IPP), has agreed to market ammonia, methanol, and melamine plants situated at BASF’s Verbund site in Ludwigshafen, Germany. These assets, made available as part of BASF’s strategic adjustments to maintain competitiveness … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, Marketing, News
Tagged acquisition, ammonia, BASF, IPP, marketing, melamine, methanol, partnership, plants, relocation, Ronald Gale, Ruediger von Watzdorf, sustainability
(IN BRIEF) EIB Global, the financing arm of the European Investment Bank (EIB) outside the EU, has inked a €10 million loan deal with Bank Respublika to bolster support for micro, small, and medium-sized enterprises (MSMEs) in Azerbaijan. Part of … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Azerbaijan, Bank Respublika, EIB, EIB Global, Gert Jan Koopman, MSMEs, partnership, small business, sustainability, Tariyel Ismayilov, Teresa Czerwinska
Digi Communications N.V. to distribute approx. RON 120 million in dividends, setting the dividend per share for 2023 at RON 1.25, a 25% YoY increase Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year … Read the full press release
Posted in Business, Financial, Investment, Management, News, Portugal, Romania, Spain, Technology, Telecom
Tagged broadband, Digi Communications, Digi dividends, Digi FY 2023 dividends, dividends, fibre optic, FY 2023 dividends, General Meeting of Shareholders, pay TV, Serghei Bulgac, shareholders, strong operational performance, telecommunication services, telecommunication solutions, telephony
(IN BRIEF) Digi Communications N.V. announces the availability of the Romanian version of its Annual Financial Report for the year ended December 31, 2023. Shareholders and investors can access the report on the company’s website under the “Investor Relations” section. … Read the full press release
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