(IN BRIEF) The Nordic Investment Bank (NIB) has entered into an uncommitted credit facility of EUR 100 million with the Wellbeing Services County (WSC) of North Savo, Finland, marking their second loan agreement. This 20-year loan is designated for the … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) has finalized a 15-year USD 50 million investment loan agreement with Iceland’s transmission system operator, Landsnet hf., to support the construction and enhancement of substations, underground cabling, and overhead lines from 2023 to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Government, Iceland, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged expansion, Iceland, Landsnet, NIB, partnership, sustainability
(IN BRIEF) The Nordic Investment Bank (NIB) has inked a 10-year loan agreement with the City of Stockholm to fund the construction of the world’s largest underground wastewater treatment facility at Henriksdal. Valued at SEK 2 billion (EUR 172 million), … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged André Küüsvek, City of Stockholm, NIB, partnership, Sofie Nilvall, sustainability, Underground Wastewater Treatment Facility
(IN BRIEF) BAE Systems secures a contract with the U.S. Navy to develop the Dual Band Decoy (DBD), an advanced radio frequency (RF) countermeasure system designed to protect fighter jets from enemy threats. Building on the success of the AN/ALE-55 … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Technology, United Kingdom
Tagged BAE Systems, Don Davidson, Dual Band Decoy, F/A-18E/F Super Hornets, partnership, U.S. Navy
(IN BRIEF) On May 14, 2024, EDF achieved a significant milestone by launching its inaugural green commercial paper issuance, valued at €50 million with a 6-month maturity, successfully subscribed by Ecofi. The funds from this issuance are earmarked to support … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News
Tagged Commercial Paper Issuance, EDF, investments, renewable energy, sustainability
(IN BRIEF) BASF solidifies its commitment to the WorldSkills movement by signing a multi-year global industry partnership as the exclusive sponsor of the Car Painting category and becoming the global silver partner of the 47th WorldSkills Competition in Lyon, France. … Read the full press release
Posted in Business, Chemicals, France, Germany, Industrial, Management, Media, News, Technology
Tagged BASF, Bastien Vairé, Car Painting Skills, Chris Titmarsh, David Hoey, Glasurit, partnership, sustainability, WorldSkills Lyon 2024
(IN BRIEF) Siemens AG and Hon Hai Technology Group (Foxconn) have inked a memorandum of understanding (MoU) to spearhead digital transformation and sustainability in smart manufacturing platforms. This collaboration aims to optimize global manufacturing processes, particularly in electronics, information and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Cedrik Neike, Dr. Zhe Shi, Foxconn, partnership, Roland Busch, Siemens, smart manufacturing, sustainability, Taiwan, Young Liu
(IN BRIEF) The highly anticipated Eras Tour by Taylor Swift is poised to inject a staggering £997 million into the UK economy, according to new data from Barclays. Swifties attending the tour are expected to spend an average of £848 … Read the full press release
Posted in Banks, Business, Economy, Entertainment, Financial, Industrial, Investment, Management, Marketing, Media, News, United Kingdom
Tagged Barclays, Dr Peter Brooks, economic, entertainment, Eras Tour, Financial, Taylor Swift, Tom Corbett, UK
(IN BRIEF) The Future Circular Collider (FCC) study was prominently featured at the International Fair of Haute-Savoie/Mont Blanc in La Roche-sur-Foron, captivating attendees with its innovative exhibits and presentations. The FCC aims to succeed the LHC at CERN and promises … Read the full press release
Posted in Business, Education, Industrial, Management, Media, News, Science, Switzerland, Technology
Tagged CERN, FCC Study, La Roche-sur-Foron Exhibition, science
(IN BRIEF) ANDRITZ, a global technology group, has finalized the acquisition of NAF AB’s business, bolstering its product range in process control and automation systems for pulp and paper mills and other industrial plants. This acquisition strengthens ANDRITZ’s Intelligent Instruments … Read the full press release
Posted in Austria, Business, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged acquisition, Andritz, Control Valve, Johanna Newcomb, NAF AB, partnership, sustainability, Sweden
(IN BRIEF) Researchers from the Universities of Tübingen and Göttingen have uncovered potential biosignatures of early life on Earth by studying iron-sulfur minerals in hydrothermal vents, known as black smokers, deep in the ocean. These mineral formations, resembling spherical pyrite … Read the full press release
Posted in Business, Education, Environment, Financial, Germany, Industrial, Investment, Management, News, Science, Technology
Tagged black smokers, Dr. Muammar Mansor, Early Earth Bacteria, Eric Runge, Iron-Sulfur Minerals, Microbial Life, Professor Andreas Kappler, Professor Jan-Peter Duda, sustainability, University of Göttingen, University of Tübingen
(IN BRIEF) Kalmar, a part of Cargotec, has inked a deal with Uniport Srl. to provide three Kalmar TR618i heavy terminal tractors, marking a significant addition to Uniport Livorno’s fleet in the Port of Livorno, Italy. Scheduled for delivery in … Read the full press release
(IN BRIEF) MAHLE has successfully concluded the sale of its OEM thermostat business to ADMETOS, effective May 2, 2024. Under the new ownership, the thermostat segment will operate as BTT Solutions, with ADMETOS assuming control and responsibility for approximately 600 … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged acquisition, ADMETOS, Jumana Al-Sibai, MAHLE, OEM Thermostat Business, partnership
(IN BRIEF) The Faculty Geo-Information Science and Earth Observation (ITC) at the University of Twente received the prestigious Geospatial World Awards Leadership Award for ‘Research, Science & Technology Institution of the Year’ at the Geospatial World Forum 2024 in Rotterdam. … Read the full press release
(IN BRIEF) The University of Liverpool and McMaster University have announced a strategic partnership aimed at fostering collaborative research and knowledge exchange. As part of this initiative, the universities have established a £300k/$500k seed fund to support joint projects in … Read the full press release
Posted in Business, Education, Financial, Government, Healthcare, Industrial, Investment, Management, News, Science, United Kingdom
Tagged CANADA, David Farrar, McMaster University, partnership, Professor Tariq Ali, RESEARCH, University of Liverpool
(IN BRIEF) Vienna Insurance Group (VIG) reinforces its sustainability commitments by expanding its sustainability declarations in investment and underwriting and establishing its own “Group Sustainability Office” as part of the ongoing VIG 25 sustainability programme. The updated declarations outline stringent … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Industrial, Insurance, Investment, Management, News
Tagged Declarations, Financial, HARTWIG LÖGER, investment, sustainability, Sustainability Office, Vienna Insurance Group
(IN BRIEF) Henkel, a leading partner in the automotive industry for designing and developing safer and more sustainable next-generation EV batteries, is gearing up to participate in the Battery Show Europe 2024 at Messe Stuttgart from June 18 to 20, … Read the full press release
(IN BRIEF) Standard Chartered has achieved a significant milestone by successfully conducting Euro-denominated cross-border transactions between Hong Kong and Singapore through Partior, the global unified ledger market infrastructure. As the first Euro settlement bank to go live on Partior, Standard … Read the full press release
(IN BRIEF) Alstom, a global leader in sustainable mobility, has clinched an £8.8 million contract with c2c, a passenger operator, for the refurbishment of its Class 357 Electrostar fleet. The contract entails the repair and repaint of 74 four-car units, … Read the full press release
(IN BRIEF) In a strategic move to bolster its operations in Türkiye, Alstom has appointed Kerem Bugay as the new Managing Director of Alstom Türkiye. With over two decades of leadership experience in the Middle East and Africa region, Kerem … Read the full press release
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