(IN BRIEF) BASF and Graphit Kropfmühl have entered a partnership to reduce the carbon footprint of graphite produced at Graphit Kropfmühl’s Hauzenberg site by at least 25% using renewable energy certificates. This reduced-carbon graphite will be used in BASF’s Neopor® … Read the full press release
Posted in Chemicals, Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Technology
Tagged AMG Critical Materials NV, AMG's Enabled CO2 Reduction Portfolio, BASF, BASF Renewable Energy GmbH, carbon footprint, climate protection, CO2 abatement targets, CO2 emissions reduction, ECO2RP, EU taxonomy, Germany, Global Direct Procurement Plastic Additives, GoO, Graphit Kropfmühl, graphite production, Guarantees of Origin, Hauzenberg, Horatio Evers, insulation products, Neopor, Net zero emissions, Renewable Energy Certificates, renewable power, sustainability, Thomas Junker, Yong Liu
(IN BRIEF) Siemens AG and Boson Energy have signed a Memorandum of Understanding to collaborate on converting non-recyclable waste into clean hydrogen energy. Utilizing Siemens’ advanced technology and consultancy services, including automation and digitalization from the Siemens Xcelerator portfolio, the … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, Switzerland, Technology
Tagged ACHEMA Fair, automation, Axel Lorenz, Boson Energy, circular economy, clean energy, CO₂ reduction, digital services, digitalization, distributed production, electric vehicle charging, electrification, fast charging, fossil fuels, Frankfurt, Germany, global carbon footprint, green energy transition, grid stability, HPAG, Hydrogen by Plasma Assisted Gasification, hydrogen-powered, Jan Grimbrandt, local energy security, non-recyclable waste, Poland, scalable solutions, Siemens, Siemens Xcelerator portfolio, standardization, sustainable hydrogen
(IN BRIEF) Deutsche Bank, in collaboration with Teach First Deutschland and GermanDream, has introduced “Dialog Leben,” a project aimed at promoting democratic values in schools situated in less privileged areas. The initiative focuses on “dialogues on values,” where students engage … Read the full press release
Posted in Banks, Education, Financial, Germany, Society
Tagged 000 young people, 590, antisemitism, CSR education program, democratic values, Deutsche Bank, Dialog Leben, dialogue, digital storytelling, discrimination, Equal opportunities, extremism, Freedom, GermanDream, GermanDream training, Holocaust education, less privileged areas, Marion Schmidt, pluralism, political education, Populism, racism, SCHOOLS, social inequality, Teach First Deutschland, Teach First fellows, tolerance, workshops, ZWEITZEUGEN e.V.
(IN BRIEF) The European Investment Fund (EIF) and Danish corporate bank kompasbank a/s have partnered to provide at least €175 million in new loans to Danish small and medium-sized enterprises (SMEs). Supported by the InvestEU programme, the three portfolio guarantee … Read the full press release
Posted in Denmark, Energy, Gas & Oil, Environment, European Union, Financial, Investment, Small Business
Tagged climate change mitigation, climate mitigation, Danish economy, Danish SMEs, economic growth, education investments, EIF, European Investment Fund, financing, green and sustainable transformation, green transition, InvestEU programme, job creation, kompasbank, Marjut Falkstedt, Michael Hurup Andersen, Nordics, portfolio guarantee agreements, reduced interest rates, riskier lending segments, small businesses, start-ups, sustainability, targeted financing
(IN BRIEF) The European Investment Bank (EIB) has awarded Belgium-based medtech company Nyxoah €37.5 million in venture-debt financing to support the development of innovative treatments for obstructive sleep apnea (OSA). This funding, backed by the InvestEU Life Sciences programme, will … Read the full press release
Posted in Banks, Belgium, European Union, Financial, Healthcare, Pharma & Biotech
Tagged Belgium, commercialization, EIB, equity offering, Europe, European Investment Bank, financing, Genio system, hypoglossal neurostimulation therapy, INNOVATION, InvestEU, InvestEU Life Sciences programme, life sciences, manufacturing capacity, medtech, Nyxoah, obstructive sleep apnea, Olivier Taelman, OSA, production capacity, research and development, Robert de Groot, technological innovation, US, venture-debt financing
(IN BRIEF) Digi Communications N.V., a leading European telecommunication services provider, has released detailed instructions for the payment of a 1.25 lei per share dividend for the 2023 financial year. The dividend will be paid on 22 July 2024 to … 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 A shareholders, class B shareholders, Class B shares, Depozitarul Central S.A., DIGI COMMUNICATIONS N.V., Digi share dividend for FY 2023, dividend, Serghei Bulgac, share dividend, telecommunication services, Valentin Popoviciu
(IN BRIEF) Digi Communications N.V., a leading provider of telecommunication services in Europe, announced that executive directors exercised their share options, with Mr. Serghei Bulgac receiving 80,000 class B shares and Mr. Valentin Popoviciu receiving 70,000 shares for 2023. These … 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 share options, conditional stock options, DIGI COMMUNICATIONS N.V., executive directors, Serghei Bulgac, stock option plan, telecommunication services, Valentin Popoviciu
(IN BRIEF) SIX and Avaloq have jointly launched the Independent Valuation Service for financial instruments, addressing the global need for impartial end-of-day valuations. This service, accessible via the CONNEXOR API, supports asset managers, custodians, and financial institutions in client reporting, … Read the full press release
(IN BRIEF) The Lindner Group showcased a range of innovative fire protection solutions at this year’s FeuerTrutz exhibition held at the Nuremberg exhibition center from June 26th to 27th. Drawing an international audience of approximately 6,300 visitors from 44 countries, … Read the full press release
(IN BRIEF) Thales Belgium has inaugurated a new assembly line at its Herstal facility, marking a significant expansion in the production of 70-mm laser-guided rockets. Supported by a €20 million investment and government backing, including from the Walloon Region and … Read the full press release
(IN BRIEF) CNP Seguradora, a subsidiary of CNP Assurances in Brazil, has signed a significant 20-year agreement with Banco de Brasília (BRB) for the exclusive distribution of consortium and capitalization products. This partnership aims to bolster CNP Assurances’ expansion strategy … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Insurance, Investment, Management, News
Tagged Banco de Brasília, Brazil, CNP Assurances, CNP Seguradora, Marie-Aude Thépaut, partnership
(IN BRIEF) Sainsbury’s has introduced advanced AI veterinary technology in partnership with Vet Vision AI to enhance dairy cow welfare on its farms. This innovative system uses cameras to monitor cow behavior continuously, providing real-time insights that help identify early … Read the full press release
(IN BRIEF) Ingka Investments, the investment arm of Ingka Group, has announced a significant partnership with Extell Development Company to invest in 570 Fifth Avenue, a new mixed-use office and retail tower in New York City. This strategic move marks … Read the full press release
Posted in Business, Construction, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Retail
Tagged Extell Development Company, Fifth Avenue, Gary Barnett, IKEA, Ingka Group, Ingka Investments, New York City, partnership, Peter van der Poel, retail, shopping
(IN BRIEF) Carrefour has finalized the acquisition of the Cora and Match banners from the Louis Delhaize group for €1.05 billion, enhancing its foothold in the French food distribution market. The acquisition includes 60 Cora hypermarkets and 115 Match supermarkets, … Read the full press release
(IN BRIEF) Stella International Holdings Limited has partnered with Wolters Kluwer to implement the CCH Tagetik Corporate Performance Management (CPM) software, aiming to digitally transform its finance operations. This strategic move replaces manual financial processes with automated budgeting, forecasting, and … Read the full press release
(IN BRIEF) SWU Verkehr, serving Ulm and Neu-Ulm, has introduced the first two out of 14 Mercedes-Benz eCitaro G buses, marking a significant step towards sustainable urban mobility. These electric articulated buses, equipped with advanced NMC3 batteries for enhanced energy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Daimler Buses, eCitaro G Buses, Johannes Stingl, Klaus Eder, Martin Ansbacher, Mercedes-Benz, Neu-Ulm, partnership, Ralf Gummersbach, sustainability, SWU Verkehr, Till Oberwörder, Ulm
(IN BRIEF) CompuGroup Medical (CGM) has achieved C5 attestation (Type 1) for its cloud services in Germany, complying with the rigorous standards set by the German Federal Office for Information Security (BSI). Effective from May 31, 2024, an independent auditing … Read the full press release
Posted in Business, Financial, Germany, Healthcare, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged C5 Attestation, Cloud services, CompuGroup Medical (CGM), Germany, Michael Rauch
(IN BRIEF) Neste celebrates a pivotal regulatory milestone as the French government approves the sale of 100% renewable transport fuels, including Neste’s renewable diesel, at all public fuel stations across France. This decision expands access beyond logistics companies to private … Read the full press release
(IN BRIEF) MWB AG, a German company specializing in luxury watch trading across the DACH region, celebrated a significant achievement today as it commenced trading on the Vienna Stock Exchange’s direct market plus segment. With NuWays AG acting as underwriter … Read the full press release
Posted in Austria, Banks, Business, Economy, Financial, Germany, Government, Industrial, International Trade, Investment, Management, News, Small Business
Tagged Germany, Leon Schelske, MWB AG, NuWays AG, partnership, SMEs, Vienna Stock Exchange Listing, Wiener Börse AG
(IN BRIEF) Scatec ASA, in collaboration with ECHEM and MOPCO, has finalized a Heads of Terms agreement with Yara Clean Ammonia to secure the offtake of renewable ammonia produced in Egypt. The project involves developing up to 480 MW of … Read the full press release
Posted in Banks, Business, Chemicals, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Norway
Tagged ammonia, EGYPT, Egyptian Petrochemicals Holding Company (ECHEM), EIB, Eng. Ahmed Mahmoud El-Sayed, Eng. Ibrahim Mekki, Gelsomina Vigliotti, H.E. Tarek El Molla, Hans Olav Raen, Misr Fertilizers Production Company (MOPCO), partnership, Scatec ASA, sustainability, Terje Pilskog, Yara, Yara Clean Ammonia
(IN BRIEF) DNV has been chosen by the Iberdrola Group to conduct power curve verification using advanced nacelle lidar technology at the Bay of St. Brieuc offshore wind farm in Brittany. This project, featuring 62 turbines with a capacity of … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Spain, Technology
Tagged Bay of St. Brieuc Offshore Wind Farm, DNV, France, Iberdola, Jérôme Dumont, LiDAR Technology, partnership, Santiago Blanco, Spain, sustainability
(IN BRIEF) Yann d’Hervé has been appointed to lead Evonik’s Health Care business line starting July 1st, transitioning from his previous role as Head of Care Solutions within the Nutrition & Care division. With extensive experience spanning various global leadership … Read the full press release
Posted in Business, Chemicals, Germany, Healthcare, Industrial, Management, News, Science, Technology
Tagged appointment, Evonik, Health Care Business, leadership, Yann d'Hervé
(IN BRIEF) The European Investment Bank (EIB) has pledged support for a new $350 million regional private sector investment fund managed by SPE Capital, focusing on Egypt, Tunisia, and Morocco. Aimed at fostering growth in key sectors like healthcare and … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EGYPT, EIB, Gelsomina Vigliotti, H.E. Dr. Rania A. Al-Mashat, Nabil Triki, North Africa, partnership, SMEs, SPE Capital, sustainability
(IN BRIEF) The European Investment Bank (EIB) has allocated a €300 million loan to voestalpine AG, Europe’s third-largest steelmaker, to support a four-year research and development initiative aimed at enhancing sustainability and reducing carbon emissions. Key focuses include optimizing manufacturing … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News
Tagged Austria, EIB, Gerald Mayer, green steel, partnership, sustainability, Thomas Östros, voestalpine
(IN BRIEF) The European Investment Bank (EIB) and Banca Etica have signed a €60 million agreement to stimulate €165 million in investments across Italy. The initiative aims to support women-led SMEs, improve services for refugees, and boost economic development in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Luxembourg, Management, News, Small Business
Tagged Anna Fasano, Banca Etica, economy, EIB, Gelsomina Vigliotti, investments, Italy, partnership, SMEs, sustainability
(IN BRIEF) Andreea Moraru has been appointed as the new Regional Director for Poland and the Baltic States at the EBRD, starting September 1st. Currently serving as Regional Director for Greece and Cyprus, Moraru brings extensive experience from her tenure … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Poland, United Kingdom
Tagged Andreea Moraru, appointment, Baltic States, EBRD, leadership, Matteo Patrone, Poland, Regional Director
(IN BRIEF) The latest NPL Monitor report by the EBRD reveals that non-performing loans (NPLs) in the CESEE region remained stable despite economic uncertainties. While NPL volumes increased marginally, the overall NPL ratio held steady at 2.1%, indicating resilience in … Read the full press release
Posted in Banks, Business, Economy, European Union, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged CESEE, EBRD, economic, EU, non-performing loans, SMEs
(IN BRIEF) TotalEnergies has acquired Finnish company Tecoil, a leader in producing Re-Refined Base Oils (RRBOs) through an efficient used oil regeneration process. Tecoil operates a 50,000-ton RRBO facility in Finland and has developed a circular economy network for collecting … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Investment
Tagged acquisition, automotive market, car manufacturers, carbon footprint, circular economy, environmentally friendly products, Finland, Hamina, industrial market, INNOVATION, Juha Kokko, June 2024, lubricant production, lubricants, marine market, oil regeneration, Pierre Duhot, premium regenerated base oils, Quartz EV3R, Re-Refined Base Oils, re-refining process, RRBOs, Rubia EV3R, sustainability, Tecoil, TotalEnergies, used lubricants, virgin base oils
(IN BRIEF) Zurich Insurance Group and Aon have launched a comprehensive insurance facility to support blue and green hydrogen projects globally, with coverage for projects up to USD 250 million. This initiative, led by Zurich and brokered exclusively by Aon, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Insurance, Switzerland
Tagged Aon, Aviation, blue hydrogen, carbon capture, CCUS technologies, clean energy insurance, commercial insurance, eco-friendly, energy storage, energy transition, GREEN HYDROGEN, hydrogen combustion, hydrogen projects, industrial processes, Joseph Peiser, manufacturing steel, net-zero transition, producing chemicals, refining petrol, renewable energy, shipping, Sierra Signorelli, sustainable solutions, transportation, treating metals, Zurich Insurance Group
(IN BRIEF) BASF and Mercedes-Benz have been awarded second place in the “Enabler Technology” category at the 2024 SPE Automotive Awards for their joint development of Ultramid® Expand polyamide particle foam. This innovative foam, part of the Mercedes-Benz VISION EQXX … Read the full press release
Posted in Automotive, Awards, Chemicals, Germany, Industrial, Technology
Tagged automotive materials technology, Automotive Sector, BASF, cost-effective, crash safety, Enabler Technology category, impact absorber, Mercedes-Benz, polyamide particle foam, recyclability, SPE Automotive Awards 2024, Ultramid® Expand
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