(IN BRIEF) Uniper has entered into a share purchase agreement with Photon Energy Group for the acquisition of a 20.4 MW photovoltaic project in northeastern Poland, expected to close by the end of 2024. The move aligns with Uniper’s strategy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland
Tagged acquisition, partnership, Pawel Tarczewski, Poland, renewable energy, sustainability, Uniper
(IN BRIEF) Prosus N.V. and Naspers have announced the appointment of Fabricio Bloisi as the Chief Executive Officer (CEO) of the Group, effective from July 1, 2024. Fabricio, the former CEO of iFood, brings extensive experience in scaling technology companies … Read the full press release
Posted in Business, Industrial, Management, Netherlands, News, Technology
Tagged appointment, CEO, Ervin Tu, Fabricio Bloisi, Koos Bekker, leadership, Prosus and Naspers Group
(IN BRIEF) PUMA and Borussia Dortmund have launched the 2024/25 Home kit, paying homage to the club’s rich heritage while incorporating modern design elements. The classic Black & Yellow kit features a sleek pinstripe flair, symbolizing Dortmund’s enduring legacy and … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Retail, Sports
Tagged 2024/25 Home Kit, Borussia Dortmund, Carsten Cramer, Marco Mueller, partnership, PUMA, sports, sustainability
(IN BRIEF) LANXESS, a specialty chemicals company, has introduced a new app designed for farmers and veterinarians to bolster biosecurity measures and safeguard livestock during disease outbreaks. The LANXESS Biosecurity Solutions app offers tailored functions including a product finder, push … Read the full press release
Posted in Agriculture, Business, Chemicals, Germany, Industrial, Management, News, Security & Safety, Technology
Tagged Biosecurity Solutions App, LANXESS, Livestock Protection
(IN BRIEF) International technology group ANDRITZ has secured a significant order from Indah Kiat Pulp & Paper TBK to supply a complete old corrugated containers (OCC) line, including a reject treatment system, to the mill in Karawang, Jawa Barat, Indonesia. … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, Indah Kiat Pulp & Paper TBK, Indonesia, partnership, pulp production, sustainability
(IN BRIEF) Volvo Group and Daimler Truck have announced a preliminary agreement to establish a 50/50 joint venture aimed at leading the digital transformation to software-defined heavy-duty commercial vehicles. The joint venture, headquartered in Gothenburg, Sweden, will develop a common … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Commercial Vehicles, Daimler truck, Germany, Martin Daum, Martin Lundstedt, partnership, Software-Defined, sustainability, Volvo Group
(IN BRIEF) Saxo celebrates a significant achievement, surpassing DKK 800 billion in client assets, marking a remarkable milestone in its 25-year journey. While rooted in Danish currency, this achievement is a testament to Saxo’s global expansion and the trust it … Read the full press release
Posted in Banks, Business, Denmark, Economy, Financial, Industrial, Investment, Management, News
Tagged Financial, investment, Kim Fournais, Saxo Bank
(IN BRIEF) In a pioneering effort to advance robotics, Professor Majid Khadiv, TUM’s Professor of AI Planning in Dynamic Environments, is spearheading the development of ‘Automan’, an autonomous humanoid robot capable of undertaking dangerous or repetitive tasks. With a vision … Read the full press release
(IN BRIEF) ABN AMRO’s French private bank branch, Neuflize OBC, has initiated exclusive negotiations with BNP Paribas Cardif to forge a strategic partnership in life insurance in France. This collaboration involves the sale of Neuflize Vie, a joint venture between … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Insurance, Investment, Management, Netherlands, News, United Kingdom
Tagged ABN Amro, BNP Paribas Cardif, Financial, France, insurance, investment, Neuflize OBC, partnership
(IN BRIEF) ABB has announced its agreement to acquire Siemens’ Wiring Accessories business in China, a strategic move aimed at broadening its market reach and enhancing its regional customer offerings within smart buildings. The acquisition encompasses wiring accessories, smart home … Read the full press release
(IN BRIEF) Accenture (NYSE: ACN) has announced its acquisition of OPENSTREAM HOLDINGS and its subsidiaries, Open Stream and Neutral, marking a significant move to enhance its digital engineering and manufacturing capabilities. The acquisition, with undisclosed terms, is set to bring … Read the full press release
(IN BRIEF) Royal Philips presents compelling retrospective study results at the Heart Rhythm Annual Meeting in Boston, showcasing the clinical and economic benefits of its AI-powered cardiac care solutions. The studies demonstrate the efficacy of Philips’ Mobile Cardiac Outpatient Telemetry … Read the full press release
(IN BRIEF) BKW, a Swiss energy company, has announced the agreement of a new unsecured, committed revolving credit facility amounting to CHF 1 billion, effectively refinancing its previous syndicated loans of CHF 2 billion ahead of schedule. The decision follows … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland
Tagged BKW, Financial, investment, Martin Zwyssig
(IN BRIEF) Skanska has entered into an initial contract with Virginia Tech to embark on the construction of a cutting-edge College of Engineering in Virginia, USA, marking a significant milestone for the university’s infrastructure development. Valued at USD 53 million, … Read the full press release
(IN BRIEF) Vodafone Italy, in collaboration with INWIT, has undertaken a significant project to bring high-speed internet to the small Italian town of Bobbio, nestled in the Emilia-Romagna region. With a population of 3,500 residents, Bobbio has historically faced limited … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology, Telecom, United Kingdom
Tagged Bobbio, Digital Gap, INWIT, Mayor Roberto Pasquali, partnership, sustainability, Ultra-Broadband Network, vodafone, Vodafone Italy
(IN BRIEF) BASF’s specialty foam Basotect® G+ is making waves at BMW Group’s Leipzig site, where it’s being utilized for acoustic damping in a preparation area within the body paint shop. The installation of Basotect® panels on walls and ceilings … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Acoustic Comfort, BASF, Basotect® G+, BMW, Leipzig Plant, partnership, sustainability
(IN BRIEF) Glencore plc unveiled its 2023 Sustainability Report, emphasizing its dedication to environmental, social, and governance (ESG) principles. The report outlines the company’s progress in various sustainability-related areas, including its approach, performance, and activities throughout the year. Case studies … Read the full press release
Posted in Business, Environment, Industrial, Management, Metals and Minerals, News, Switzerland
Tagged Gary Nagle, Glencore, Kalidas Madhavpeddi, sustainability
(IN BRIEF) In a collaborative effort to promote climate-friendly housing initiatives in Germany, the European Investment Bank (EIB) and Deutsche Bank have forged an agreement. Valued at over €600 million, the program will provide discounted mortgages to individuals seeking to … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Achim Kuhn, Climate-Friendly Housing, Deutsche Bank, DSL Bank, EIB, EIF, Germany, Marjut Falkstedt, Nicola Beer, partnership, sustainability
(IN BRIEF) Technology group Rheinmetall has secured substantial subsidies totaling around €7.7 million from the German federal government and the state of North Rhine-Westphalia for the development of innovative hydrogen and electrification solutions. These projects, in collaboration with industry and … Read the full press release
(IN BRIEF) Neumann Bygg, a subsidiary of the STARK Group in Norway, reinforces its market position with the inauguration of a new branch in Slemmestad, marking its third branch opening in as many months. This expansion underscores the company’s commitment … Read the full press release
Posted in Business, Construction, Denmark, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Neumann Bygg, Norway, partnership, Slemmestad, Stark group, sustainability, Søren P. Olesen
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