(IN BRIEF) The European Investment Bank (EIB) has provided a €390 million loan to Greek energy supplier DEPA Commercial SA to build and operate solar-energy farms in Greece. This loan supports DEPA’s €500 million renewable energy investment plans, with new … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged DEPA Commercial, EIB, Greece, Ioannis Papadopoulos, Ioannis Tsakiris, Konstantinos Xifaras, Kostis Hatzidakis, Large-Scale Solar Projects, partnership, sustainability, Theodoros Skylakakis
(IN BRIEF) Paris 2024 has revealed a special edition medallist mascot that will be presented to all Olympic and Paralympic Games medallists. This tradition will continue with the distribution of the mascot and the Games’ Iconic Poster. The mascots, designed … Read the full press release
Posted in Business, Entertainment, Financial, France, Government, Industrial, Investment, Management, Marketing, Media, News, Sports
Tagged Doudou & Compagnie, Games Medallists, marketing, Mascot, Paris 2024, partnership, Poster, sports
(IN BRIEF) MCNEX, a Korean automotive technology company specializing in cameras, sensors, and software for vehicles, has been awarded the Cybersecurity Management System Certification by DNV. This certification, based on the ISO/SAE 21434 standard, ensures that MCNEX’s technology meets international … Read the full press release
Posted in Automotive, Awards, Business, Energy, Gas & Oil, Financial, Government, Industrial, Investment, Management, News, Norway, Security & Safety, Technology
Tagged Awards, DNV, ISO/SAE 21434 Certification, KOREA, MCNEX, Min Dong-wook, Percy Lakdawalla, SECURITY, Vehicle Cybersecurity
(IN BRIEF) DNV has supported the European Commission in updating guidance documents on geological carbon storage (CCS) under the CCS Directive to streamline permitting procedures and enhance sustainable CO2 storage in the European Economic Area (EEA). The updates integrate the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Norway
Tagged carbon capture, DNV, European Commission, Jamie Burrows, Netherland, Norway, partnership, Prajeev Rasiah, Storage Guidance Documents, sustainability
(IN BRIEF) Rheinmetall’s new contract for the construction and operation of an ammunition factory in Ukraine signifies a major development in the country’s defense and industrial capabilities. With a substantial investment and a strong partnership with local entities, Rheinmetall is … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology, Ukraine
Tagged Ammunition Factory, Armin Papperger, partnership, Rheinmetall, UKRAINE
(IN BRIEF) Continental is set to significantly expand its spare and wearable parts business at Automechanika Frankfurt 2024, focusing on sustainability and advanced driver assistance systems. The company will introduce multi V-belts made from renewable materials and a high-performance tire … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Automechanika Frankfurt 2024, Continental, Enno Straten, partnership, Product Range, sustainability
(IN BRIEF) British Gas is set to hire and train 300 new apprentices to enhance its customer-facing teams and support the UK’s net zero ambitions. The initiative focuses on engineering and customer service roles, with a commitment to diversity and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Andy Prendergast, apprenticeship, British Gas, Centrica, Chris O’Shea, Diversity And Inclusion, Donna Rowe-Merriman, Isaura Johnson, Minister Fahnbulleh, net zero goals, partnership, sustainability, training
(IN BRIEF) Saab has secured a SEK 6.6 billion order from a Western government for advanced defense systems and equipment, with deliveries planned between 2027 and 2028. The order includes technologies from Saab’s Dynamics and Surveillance business areas, although further … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Defense Systems, partnership, Saab, Western Government
(IN BRIEF) Infineon Technologies has launched the PSoC™ 6 AI Evaluation Kit, designed for embedded, Edge AI, and ML system applications. The kit enhances real-time performance and power efficiency for intelligent consumer, smart home, and IoT solutions. It integrates Infineon’s … Read the full press release
(IN BRIEF) On July 24, 2024, Digi Communications N.V., a leading European telecommunication services provider, announced that Fitch Ratings has assigned the company a Long-Term Issuer Default Rating (IDR) of ‘BB’ with a stable outlook. This rating reflects the company’s … Read the full press release
Posted in Belgium, Business, Financial, Investment, Italy, Management, Netherlands, News, Portugal, Romania, Spain, Technology, Telecom
Tagged 3.500 MHz frequency band, Autoriteit Financiële Markten, Bucharest Stock Exchange, DIGI COMMUNICATIONS N.V., Digi Communications N.V. 'BB' Rating, Digi Spain, Digi Spain Telecom S.L.U., fixed broadband bitstream, MNO, mobile spectrum, national roaming agreement, RAN sharing agreement, roaming, S Mobile Networks, S.L.U., Serghei Bulgac, telecommunication services, Telefonica, Telefonica Moviles España, Valentin Popoviciu
(IN BRIEF) Amey has launched the Planet+ initiative, a six-point framework designed to simplify and elevate sustainable behaviours among employees. This initiative supports Amey’s ESG strategy and aims to make sustainable choices more accessible, contributing to the company’s environmental goals, … Read the full press release
Posted in Business, Environment, Industrial, Infrastructure & Utilities, Management, News, United Kingdom
Tagged Amey, Andy Milner, Employees, partnership, Planet, sustainability
(IN BRIEF) Merck has signed an MoU with Gene Therapy Research Institution Co., Ltd. (GTRI) to support the production of gene therapy for Parkinson’s Disease using Merck’s Sf-RVN® Insect Cell Line platform. This collaboration aims to enhance the manufacturing process … Read the full press release
Posted in Business, Education, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Gene Therapy Production, Gene Therapy Research Institution Co. Ltd. (GTRI), Isao Hatano, Japan, Merck, Parkinson's disease, partnership, sustainability
(IN BRIEF) Stora Enso has appointed Niclas Rosenlew as the new Group Chief Financial Officer and Carolyn Wagner as the Executive Vice President of the Packaging Solutions division. Both will join the company by January 2025, bringing extensive experience and … Read the full press release
Posted in Business, Finland, Industrial, Management, News, Technology
Tagged Ad Smit, appointment, Carolyn Wagner, CFO, EVP, Hans Sohlström, leadership, Niclas Rosenlew, packaging solutions, Seppo Parvi, Stora Enso
(IN BRIEF) Stora Enso reported a slight decrease in Q2 2024 sales but saw significant improvements in adjusted EBIT and cash flow. Key highlights include successful value creation and profit improvement programmes, a major investment in the Oulu mill, and … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, News
Tagged Financial, Hans Sohlström, investment, Stora Enso
(IN BRIEF) GKN Aerospace Engines Repair Solutions has expanded its global repair network, adding Leap-1A and Leap-1B Fan Blade repairs to its capabilities and attracting over 30 new customers in 2024. The Johor facility in Malaysia has delivered its 10,000th … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged Engines Repair Solutions, Gerard Coste, GKN Aerospace, Malaysia, partnership, sustainability, USA
(IN BRIEF) GKN Aerospace has committed £4 million to the Airbus-led Sustainable Wing Solutions (SusWingS) programme, a £15 million initiative focused on developing high-performance wing technologies and environmentally conscious manufacturing processes. This partnership, which includes Cranfield University and the University … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, France, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged Airbus, France, GKN Aerospace, investment, John Pritchard, partnership, sustainability, Sustainable Wing Solutions (SusWingS) R&T Programme
(IN BRIEF) Alstom has strengthened its rail capabilities in Türkiye by acquiring Duray Ulasim Sistemleri in Bursa and establishing an Advanced Industrial Center. The new facility, which employs over 200 people, will produce critical rail components and support Alstom’s global … Read the full press release
Posted in Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, Turkey
Tagged acquisition, Africa, Alstom, Bursa, Central Asia, Kerem Bugay, Middle East, Nazlı Zengin, partnership, rail systems, sustainability, Türkiye
(IN BRIEF) Alstom has secured a €4 billion contract to supply and maintain 90 Adessia Stream trains for Germany’s S-Bahn Cologne network. This contract includes a 34-year maintenance agreement and is Alstom’s largest order in Germany. The innovative and accessible … Read the full press release
Posted in Business, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Adessia Stream Trains, Alstom, Germany, Harald Reissner, Michael Vogel, Müslüm Yakisan, Oliver Wittke, partnership, S-Bahn Cologne Network, sustainability
(IN BRIEF) Yara and ATOME PLC have signed a Heads of Terms agreement for the long-term supply of Calcium Ammonium Nitrate from ATOME’s renewable fertilizer production facility in Villeta, Paraguay. This partnership will help decarbonize the fertilizer sector and support … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Government, Industrial, Investment, Management, News, Norway
Tagged ATOME PLC, Chrystel Monthean, Olivier Mussat, Paraguay, partnership, Renewable Fertilizer Project, sustainability, Yara
(IN BRIEF) ANDRITZ has been selected to perform the front-end engineering design (FEED) for a large-scale carbon capture unit at Westenergy’s waste-to-energy plant in Finland. The project, ordered by ECCU Ltd, aims to capture all CO2 emissions from the plant’s … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, FEED of Major Carbon Capture Unit, Finland, Harald Reissner, Olli Alhoniemi, partnership, sustainability, waste-to-energy plant, Westenergy
(IN BRIEF) A new EIB report identifies significant financing barriers for European scale-ups and calls for the development of a comprehensive European capital markets union. Despite support from the EIB Group, scale-ups face challenges in raising capital, leading to slower … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Barriers, Capital Markets Union, Debora Revoltella, EIB, European Scale-Ups, financing, Nadia Calviño, Ursula von der Leyen
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