Daily Archives: 21, May 2024

Academo Secures €215 Million Financing for Revolutionary University Campus in Milan

(IN BRIEF) Academo Srl, formed by Lendlease and Equiter Infrastructure II fund, has secured €215 million in financing from the European Investment Bank (EIB) and Cassa Depositi e Prestiti (CDP), partially backed by InvestEU, for the construction of a groundbreaking … Read the full press release

PUMA Unveils ULTRA 5: A Futuristic Speed Machine for Football

(IN BRIEF) PUMA introduces the ULTRA 5, a groundbreaking football boot set to revolutionize speed and performance on the pitch. Engineered with insights from motorsport and collaborations with Formula One teams, the ULTRA 5 features a SPEEDSYSTEM carbon outsole and … Read the full press release

Kontron AG Secures EUR 200 Million Contract to Supply Smart EV Charging Stations

(IN BRIEF) Kontron AG, a prominent player in IoT technology, has been authorized to provide smart charging stations for electric vehicles to one of the world’s largest car manufacturers, with series production set to commence in July 2024. Leveraging the … Read the full press release

Vossloh Expands into Swedish Rail Infrastructure Market with Acquisition of Scandinavian Track Group

(IN BRIEF) Vossloh, a leading provider of rail infrastructure solutions, has signed an agreement to acquire Scandinavian Track Group (STG), a renowned provider of rail track maintenance services in Sweden. With a focus on switches, maintenance, welding services, and inspection … Read the full press release

Scania Launches Autonomous Mining Trucks, Paving the Way for Safer and Sustainable Operations

(IN BRIEF) Scania announces the commencement of sales for its autonomous mining trucks, marking a significant milestone in the realization of autonomous transport. The company’s self-driving mining solutions offer safer, more efficient, and sustainable mining operations. With the ability to … Read the full press release

TotalEnergies Announces Final Investment Decision for Kaminho Project in Angola

(IN BRIEF) Patrick Pouyanné, Chairman and CEO of TotalEnergies, along with key stakeholders, met in Luanda to announce the Final Investment Decision (FID) for the Kaminho deepwater project in Angola. TotalEnergies, alongside partners Petronas and Sonangol, will develop the Cameia … Read the full press release

New CEO to Drive VodafoneZiggo: Enhancing Telecom and Media Synergies

(IN BRIEF) Vodafone Group Plc and Liberty Global Ltd. announce Stephen van Rooyen as the new Chief Executive Officer of VodafoneZiggo, effective September 2024. With over 17 years of experience at Sky UK & Ireland and Sky Group, van Rooyen’s … Read the full press release

European Investment Fund Boosts Cultural and Creative Sectors with InvestEU Agreements

(IN BRIEF) At the 77th Cannes Film Festival, the European Investment Fund (EIF) and the European Commission announced agreements aimed at bolstering SMEs and small mid-caps in Europe’s cultural and creative sectors. These agreements, supported by the InvestEU programme, involve … Read the full press release

Kotahi and Maersk Extend Long-Term Freight Agreement, Ensuring Stability for New Zealand’s International Trade

(IN BRIEF) Kotahi, New Zealand’s largest containerised freight manager, and A.P. Moller – Maersk have solidified their partnership with a second long-term freight agreement lasting until December 2034. This agreement, valued at NZ$160 billion, provides stability and resilience to New … Read the full press release

University of Liverpool Hosts Tay Day: A Celebration of Taylor Swift’s Cultural Impact

(IN BRIEF) The University of Liverpool’s Institute of Popular Music is set to host Tay Day, a symposium dedicated to Taylor Swift’s cultural significance. Scheduled on June 12th, ahead of Swift’s sold-out shows at Anfield Stadium, the event offers fans, … Read the full press release

University of Liverpool Professors Honored with Prestigious Academy Fellowship

(IN BRIEF) The University of Liverpool celebrates as Professor Reecha Sofat and Professor Saye Khoo are elected as Fellows of the Academy of Medical Sciences, recognizing their exceptional contributions to biomedical and health sciences. Professor Sofat, the first participant of … Read the full press release

LEGO Brings Wicked to Life: Sets Inspired by Iconic Musical Scenes

(IN BRIEF) The collaboration between The LEGO Group and Universal Products & Experiences is set to excite fans with the release of four new LEGO® Wicked sets, coinciding with the cinematic adaptation of the beloved musical. Scheduled for release on … Read the full press release

BAE Systems and Eaton Successfully Test Integrated Electric Drive System for Commercial Trucks

(IN BRIEF) BAE Systems and Eaton have conducted successful testing of their integrated electric drive system for medium- and heavy-duty commercial trucks at Eaton’s proving grounds in Michigan. The system, tested on a Class 7 demonstration vehicle, met key performance … Read the full press release

Ericsson Expands USA 5G Smart Factory with $50 Million Investment

(IN BRIEF) Ericsson hosted an exclusive event at its USA 5G Smart Factory in Texas, showcasing its cutting-edge facility to key stakeholders. The company announced an additional $50 million investment in the factory, following an initial $100 million investment in … Read the full press release

Accenture Federal Services Expands Capabilities with Acquisition of Cognosante

(IN BRIEF) Accenture Federal Services has finalized its acquisition of Cognosante, a provider of digital transformation solutions for federal health, defense, intelligence, and civilian agencies. With this strategic move, Accenture Federal Services aims to bolster its federal health portfolio, leveraging … Read the full press release

Accenture Strengthens Workforce Development with Udacity Acquisition

(IN BRIEF) Accenture has finalized its acquisition of Udacity, a leading digital education platform renowned for its technology courses blending online flexibility with human instruction. This strategic move emphasizes Accenture’s dedication to addressing the evolving workforce needs, particularly by equipping … Read the full press release

Experian and TRIVER Partner to Streamline SME Lending Process

(IN BRIEF) Experian and alternative lender TRIVER have collaborated to expedite the SME lending process, offering rapid access to short-term capital for businesses. TRIVER, aiming to revolutionize SME lending, utilizes Experian’s suite of data solutions to enable an end-to-end automated … Read the full press release

EBRD and EFSE Team Up to Boost MSME Financing in Azerbaijan

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Fund for Southeast Europe (EFSE) have joined forces to provide a financing package of up to US$ 10 million (€ 9.24 million) to AccessBank in Azerbaijan. This … Read the full press release

EIB Funds €300 Million Satellite Program for Dual Civil and Security Use in Poland

(IN BRIEF) The European Investment Bank (EIB) has pledged €300 million to support Poland’s venture into space technology with the development and launch of two Earth observation satellites. These satellites, financed through a loan to Bank Gospodarstwa Krajowego (BGK), will … Read the full press release

EIB President Calviño and Poland’s PM Tusk Announce €300 Million Satellite Programme Investment

(IN BRIEF) The President of the European Investment Bank (EIB) Group, Nadia Calviño, held discussions with Poland’s political leaders to strategize future financing and announce the initiation of Poland’s first satellite program. The €300 million project, supported by the EIB, … Read the full press release