(IN BRIEF) AI is crucial in scaling up the renewable energy industry, with Lightsource bp leveraging AI to address challenges like grid stability and asset protection. AI supports accurate forecasting, risk mitigation from extreme weather, and optimized site design. Lightsource … Read the full press release
(IN BRIEF) Lightsource bp’s global Legal team received a ‘Highly Commended’ recognition at The Lawyer Awards 2024 for ‘In-house Commerce and Industry Team of the Year,’ securing second place behind BAE Systems. This honor reflects the team’s ability to manage … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Industrial, Law, Management, Media, News, United Kingdom
Tagged Awards, leadership, Lee Young, Legal Team, Lightsource BP, The Lawyer Awards 2024
(IN BRIEF) Rheinmetall and SLR Giesserei are collaborating on a district heating system at the KS Gleitlager site in St. Leon-Rot, expected to save up to 800 tonnes of CO2 annually. The system will utilize waste heat from the foundry, … Read the full press release
(IN BRIEF) MAN Truck & Bus is recalling certain trucks and buses with Euro 6c engines (D2676LF51-53 and D2676LOH35-37) for inspection due to potential engine damage and fire risks. The recall affects vehicles manufactured between November 2016 and August 2019. … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Transportation & Logistics
Tagged Euro 6c Engines, Fire Risk, MAN Truck & Bus, Recall, safety
(IN BRIEF) The TUM Entrepreneurship Day celebrated Munich’s innovation ecosystem, highlighting achievements of local start-ups. Reverion won the TUM Presidential Entrepreneurship Award for its high-efficiency biogas power plant. Finalists included Planet A Foods, with a sustainable chocolate alternative, and RobCo, … Read the full press release
Posted in Awards, Business, Education, Germany, Industrial, Management, Media, News, Technology
Tagged Awards, Dr. Gerhard Kramer, INNOVATION, Innovative Start-ups, local industry, Munich, partnership, Planet A Foods, Prestigious Awards, Prof. Alexander Pretschner, Reverion, RobCo, Stephan Herrmann, Technical University of Munich (TUM), TUM Entrepreneurship Day
(IN BRIEF) Dr. Elisabeth Blagrove, a psychologist at The University of Warwick, examines why Wimbledon is often viewed as prestigious and posh. She attributes this to its rich history, strict dress codes, and exclusive elements. Dr. Blagrove also suggests that … Read the full press release
Posted in Business, Education, Industrial, Management, News, Sports, United Kingdom
Tagged Dr. Elisabeth Blagrove, football, sports, University of Warwick, Wimbledon
(IN BRIEF) The University of Warwick Students’ Union has announced the winners of the 2024 Rate Your Landlord Awards, recognizing the best landlords based on student ratings. The initiative, launched in 2021, helps students share their renting experiences to guide … Read the full press release
(IN BRIEF) The University of Liverpool and Liverpool University Hospitals NHS Foundation Trust (LUHFT) launched the Dr Ronald Finn Fellowships on June 24, 2024. The initiative honors the late Dr. Ronald Finn and introduces five fellows who will undertake significant … Read the full press release
Posted in Business, Education, Financial, Healthcare, Industrial, Investment, Management, Media, News, Science, Technology, United Kingdom
Tagged Andrew Davison, clinical research, Dr Ronald Finn Fellowships, Dr. Ronald Finn, Hassan Burhan, leadership, Liverpool University Hospitals NHS Foundation Trust (LUHFT), Ned Gilbert-Kawai, partnership, Professor Terry Jones, Professor Tom Walley, Rishi Mukherjee, Sir Cyril Clarke, University of Liverpool, Yamini Krishna
(IN BRIEF) The Lenzing Group has appointed Rohit Aggarwal to the Management Board, where he will initially oversee the fiber division and later succeed Stephan Sielaff as CEO when Sielaff’s contract expires in March 2025. Aggarwal brings decades of experience … Read the full press release
Posted in Apparel, Fashion & Beauty, Austria, Business, Environment, Industrial, Management, News
Tagged appointment, CEO, Cord Prinzhorn, leadership, Lenzing Group, Rohit Aggarwal, Stephan Sielaff
(IN BRIEF) Vestas has secured a 105 MW order from LEAG for the Forst-Briesnig II wind energy project in Germany’s Lausitz region. The project, set on a former brown coal mining area, will include 17 V162-6.2 MW wind turbines. Vestas … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Dominique Guillou, EP Corporate Group, Forst-Briesnig II Project, Germany, Jens Kück, LEAG, partnership, sustainability, Thorsten Kramer, Tomáš David, Vestas, wind turbine
(IN BRIEF) Vestas has secured an 81 MW contract from Invenergy for the Pencloe wind energy project in Dumfries and Galloway, Scotland. The project involves the supply, delivery, installation, and commissioning of 18 V136-4.5 MW wind turbines. Vestas will also … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Invenergy, James Ian Robinson, partnership, Pencloe Project, Scotland, Stuart Winter, sustainability, Vestas, Wind Turbine Deal
(IN BRIEF) Vestas has secured a 114 MW contract from SAB WindTeam for the Ahlum-Dettum wind project in Lower Saxony, Germany. The order includes the supply, delivery, and commissioning of 17 V162-6.2 MW and two V136-4.2 MW wind turbines, along … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Ahlum-Dettum Project, Denmark, Germany, Lars Niebuhr, partnership, SAB WindTeam GmbH, Sulai Fahimi, sustainability, Vestas, wind turbine
(IN BRIEF) Digi Communications N.V. has granted conditional stock options to its Executive Directors following the general shareholders’ meeting approval on 25 June 2024. The grants include 80,000 options for Mr. Serghei Bulgac and 60,000 for Mr. Valentin Popoviciu, subject … Read the full press release
Posted in Belgium, Business, Financial, Investment, Italy, Management, Netherlands, News, Portugal, Romania, Spain, Technology, Telecom
Tagged Autoriteit Financiële Markten, Bucharest Stock Exchange, Class B shares, conditional stock options, DIGI COMMUNICATIONS N.V., executive directors, Serghei Bulgac, stock option plan, telecommunication services, Valentin Popoviciu
(IN BRIEF) A joint report commissioned by E.ON and Thüga, conducted by the Institute of Energy Economics at the University of Cologne (EWI), assesses the strategic placement of electrolyzers across Germany to support the energy transition. The study identifies regions … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Christoph Ullmer, E.ON, electrolyzers, energy transition, Gabriel Clemens, Germany, Thüga
(IN BRIEF) TotalEnergies has agreed to sell its entire stake in West of Shetland assets, including several fields and the Shetland Gas Plant, to The Prax Group. This transaction, pending regulatory approval, is part of TotalEnergies’ strategy to divest mature … Read the full press release
(IN BRIEF) Portgás, a subsidiary of REN – Redes Energéticas Nacionais, has announced a comprehensive investment plan totaling €128 million aimed at expanding its natural gas distribution networks and promoting decarbonisation initiatives. The plan, outlined in the Natural Gas Distribution … Read the full press release
(IN BRIEF) Saab has finalized a contract with the Swedish Defence Materiel Administration (FMV) for the delivery of a third GlobalEye airborne early warning and control aircraft, valued at approximately SEK 2.6 billion. This agreement, extending from 2024 to 2029, … Read the full press release
(IN BRIEF) Nokia has entered into an agreement to sell its Alcatel Submarine Networks (ASN) business to the French State’s Agence des participations de l’Etat (APE) for EUR 350 million. This strategic move aims to streamline Nokia’s Network Infrastructure portfolio, … Read the full press release
Posted in Business, Financial, Finland, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged acquisition, Alain Biston, Alcatel Submarine Networks (ASN), France, Nokia, partnership, Pekka Lundmark
(IN BRIEF) Holcim is accelerating its adoption of Artificial Intelligence (AI) across its global manufacturing network, with plans to implement AI at over 100 plants worldwide by 2028. Already operational at 45 sites to predict and prevent failures, Holcim aims … Read the full press release
(IN BRIEF) Neste, in collaboration with OK Slurink and Scylla, has launched an initiative to enhance sustainability in the river cruise industry in the Netherlands. Since February 2024, OK Slurink has been supplying Neste MY Renewable Diesel™ to Scylla’s fleet … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, Netherlands, News, Transportation & Logistics
Tagged Alwin Slurink, Marc Wouters, Neste, Neste MY Renewable Diesel™, OK Slurink, partnership, Robert Reitsma, Scylla, sustainability, Sustainable River Cruises, the Netherlands
(IN BRIEF) Thales Alenia Space has announced significant progress in the ASCEND (Advanced Space Cloud for European Net zero emission and Data sovereignty) feasibility study, funded by the European Commission under Horizon Europe. The initiative explores the viability of space-based … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, France, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged ASCEND (Advanced Space Cloud for European Net zero emission and Data sovereignty) Study, Christophe Valorge, Space-Based Data Centers, sustainability, Thales, Thales Alenia Space
(IN BRIEF) The European Investment Bank (EIB) has allocated a €285 million loan to Cepsa for the development of an advanced biofuels plant in Andalusia, Spain, adjacent to the La Rábida Energy Park. In partnership with Bio-Oils, the facility will … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain
Tagged Biofuels Plant, CEPSA, decarbonisation, EIB, energy security, Maarten Wetselaar, partnership, SAF, Spain, sustainability
(IN BRIEF) Banca Transilvania has entered into a significant synthetic securitisation transaction worth RON 2 billion (€400 million), supported by the European Investment Fund (EIF) and the European Investment Bank (EIB). This transaction will reduce credit risk and release capital … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Romania, Small Business
Tagged Banca Transilvania, EIB, EIF, Ioannis Tsakiris, Marjut Falkstedt, Ömer Tetik, partnership, Romania, SME financing, sustainability
(IN BRIEF) Wood has been awarded a contract by Centrica Energy Storage (CES) to redevelop the UK’s Rough field in the Southern North Sea for hydrogen storage. This project aims to repurpose the long-standing natural gas storage facility to potentially … Read the full press release
(IN BRIEF) KUKA and Swisslog recently highlighted advancements in AI integration for robotics and logistics during a virtual press conference. KUKA showcased an AI chatbot simplifying robot programming through voice commands, while Swisslog presented ItemPiQ, an AI-driven robot enhancing product … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged AI, automation, KUKA, logistics, Niklas Goddemeier, partnership, robotics, Roland Ritter, sustainability, Swisslog, Switzerland
(IN BRIEF) The Science Based Targets initiative (SBTi) has launched its Validation Council to independently oversee target validation decisions globally, ensuring impartiality and expertise in greenhouse gas accounting. Fallight Xu from TÜV Rheinland Greater China has been appointed as a … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged appointment, Climate Accountability, Fallight Xu, leadership, partnership, SBTi, sustainability, TÜV Rheinland, Validation Council
(IN BRIEF) Global IPO activity in the first half of 2024 saw a decline, with 551 listings raising US$52.2 billion, marking a 12% decrease in volume and a 16% drop in proceeds year-on-year. While industrials led in number of IPOs … Read the full press release
Posted in Business, Economy, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged Americas, Asia-Pacific, EMEIA, EY, Financial, George Chan, Global IPO, investment
(IN BRIEF) Iberdrola has achieved EDGE certification, recognizing its commitment to gender equality in the workplace. Awarded the EDGE Move label in its first year, the company aims for the highest certification by 2026. Over the past two decades, Iberdrola … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Industrial, Management, News, Society, Spain
Tagged Awards, diversity, EDGE certification, gender equality, Iberdrola, Ignacio S. Galán, society
(IN BRIEF) Ingka Group, the largest IKEA retailer, has successfully concluded its inaugural IKEA Talents contest, aimed at fostering creativity and unity among its global workforce. Thomas from IKEA Austria emerged as the global winner, impressing with his song ‘This … Read the full press release
Posted in Art & Culture, Austria, Awards, Business, Financial, Industrial, Management, Media, Netherlands, News, Retail
Tagged Awards, creativity, IKEA, Ingka, Jesper Brodin, Talents Contest, Thomas from Austria
(IN BRIEF) Safran Helicopter Engines and MTU Aero Engines have established a 50/50 joint venture named EURA (European Military Rotorcraft Engine Alliance). This alliance aims to develop a new European engine for future military helicopters by 2040, focusing on enhancing … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, France, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged Cédric Goubet, EURA (European Military Rotorcraft Engine Alliance), European Military Helicopter Engine, France, François Delattre, Michael Schreyögg, MTU, partnership, Safran, Thomas Hitschler
(IN BRIEF) DNV has achieved recognition as an auditing organization under the Medical Device Single Audit Program (MDSAP), enabling it to conduct consolidated regulatory audits for medical device manufacturers. This designation streamlines global market access by fulfilling the compliance requirements … Read the full press release
(IN BRIEF) Barbara Frencia, CEO of Business Assurance at DNV, has been appointed as the new Chair of the Independent International Organization for Assurance (IIOA) during their recent meeting in Greater China. She has previously served as Deputy Chair and … Read the full press release
(IN BRIEF) Christian Schiel, a former Voith engineer, was posthumously inducted into the Paper Industry International Hall of Fame for his pioneering contributions to paper machine technology. Recognized for innovations like the fabric press and flexible-nip presses, Schiel’s career spanned … Read the full press release
Posted in Awards, Business, Germany, Industrial, Management, News, Technology
Tagged Awards, Christian Schiel, Hall of Fame, innovations, Michael MacGregor, paper industry, paper machine technology, Ron Crotogino, Voith
(IN BRIEF) TotalEnergies has entered into an agreement to acquire a 60% stake and operatorship in Block STP02 offshore São Tomé and Príncipe from the country’s national petroleum agency, ANP-STP. The remaining interests will be held by Sonangol (30%) and … Read the full press release
(IN BRIEF) DHL eCommerce has released the initial findings from its “Online Shopper Trends Report 2024,” based on a survey of 12,000 consumers from 24 countries. The report reveals a significant shift toward using smartphones as the primary shopping tool, … Read the full press release
(IN BRIEF) Eurofins Agro Testing Wageningen has partnered with trinamiX to transform forage analysis by developing technology that allows for immediate on-site testing, eliminating the need for laboratory sample sending. This collaboration leverages Eurofins’ extensive analytical experience and global lab … Read the full press release
Posted in Agriculture, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, Netherlands, News, Technology
Tagged BASF, Eurofins, Forage Analysis, Hans Martin, Nils Mohmeyer, partnership, sustainability, technology, trinamiX
(IN BRIEF) BASF’s Coatings division has received acclaim for its automotive paint, ZENOMENON, which was honored at the Red Dot Award: Product Design. This award, recognizing outstanding design quality, was given to ZENOMENON for its innovative approach in the “Materials … Read the full press release
Posted in Automotive, Awards, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Award, BASF, Cypris Materials, Innovative Automotive Paint Design, leadership, Mark Gutjahr, partnership, red dot award, sustainability, ZENOMENON
(IN BRIEF) Leadec, a prominent provider of industrial production services, was honored with an Excellent award by Toyota Motor North America, Inc. (TMNA) at their Annual Supplier Business Meeting Dinner and Award Ceremony. The event took place on June 3rd … Read the full press release
Posted in Automotive, Awards, Business, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Awards, Don Kennon, Leadec, leadership, partnership, Production Services, Robert Young, Toyota
(IN BRIEF) BAE Systems has reached a significant milestone by donating £1 million to the Royal Navy and Royal Marines Charity (RNRMC) since its establishment in 2007. The RNRMC supports personnel from the Royal Navy, Royal Marines, and Royal Fleet … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, News, Non Profit, Security & Safety, Technology, Transportation & Logistics, United Kingdom
Tagged Andrew Jameson, BAE Systems, donation, Financial, Glynn Phillips, partnership, Royal Navy and Royal Marines Charity (RNRMC)
(IN BRIEF) Shell Canada Products has announced the Final Investment Decision (FID) for two major carbon capture and storage (CCS) projects at the Shell Energy and Chemicals Park in Scotford, Alberta. The Polaris project is designed to capture approximately 650,000 … Read the full press release
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
