(IN BRIEF) BEW Berliner Energie und Wärme AG has renewed its partnership with Landis+Gyr for another four years, extending their 20-year collaboration. Landis+Gyr will supply ultrasonic heat meters, specifically the T550 (UH50) model, chosen through a Europe-wide tender. The T550 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged BEW Berliner Energie, Germany, Heat Meter Supply, Johannes M. Koch, Landis+Gyr, partnership, sustainability, Switzerland, Theresa Matthes, Wärme AG
(IN BRIEF) Unilever has sold its stake in Qinyuan Group, known for water purification solutions in China, to Yong Chao Venture Capital Co., Ltd. This move is part of Unilever’s Growth Action Plan to focus on higher-growth areas. Eduardo Campanella, … Read the full press release
Posted in Business, Commodities, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Retail, United Kingdom
Tagged acquisition, CHINA, Eduardo Campanella, Mr. Ye Jianrong, partnership, Qinyuan Group, sustainability, Unilever, Yong Chao Venture Capital Co. Ltd.
(IN BRIEF) TotalEnergies and Casino Group have renewed their 20-year strategic partnership to supply over 1,000 service stations in France, effective October 1, 2024, for five years. The agreement involves Casino providing food products and essential items to TotalEnergies stations, … Read the full press release
(IN BRIEF) Art collective De Strakke Hand has finished a unique mural on Eneco’s new heat buffer in Rijnsweerd, Utrecht. Inspired by a 19th-century watercolour by J.W. Wisselingh, the design was selected with input from local residents to help the … Read the full press release
(IN BRIEF) Kübler Schwertransporte is transporting a decommissioned 350-tonne submarine, U17, to the Sinsheim Museum of Technology. The journey involves moving the submarine along waterways and roads using a 30-axle platform trailer pulled by a MAN TGX 41.680 8×6 truck. … Read the full press release
(IN BRIEF) International technology group ANDRITZ reported a stable performance in the first half of 2024 despite challenging economic conditions. Revenue decreased slightly by 3.0% to €3,986.6 million, while order intake dropped by 18.4% to €3,845.4 million due to fewer … Read the full press release
Posted in Austria, Business, Economy, Financial, Industrial, Investment, Management, News, Technology
Tagged Andritz, economic, Financial, investment, Joachim Schönbeck
(IN BRIEF) The European Investment Bank (EIB) and Greece’s four systemic banks—Alpha Bank, National Bank of Greece, Eurobank, and Piraeus—have introduced a €700 million guarantee programme to support mid-cap businesses. This initiative aims to facilitate €1.4 billion in new financing … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Luxembourg, News, Small Business
Tagged Alpha Bank, EIB, Eurobank, Greece, Mid-Caps, National Bank of Greece, Panagiotis Lymperopoulos, partnership, Piraeus, SMEs, sustainability, Theodore Tzouros, Vassilis Karamouzis, Yannis Emiris, Yannis Tsakiris
(IN BRIEF) The European Investment Bank (EIB) released its 2023 Sustainability Report, highlighting major achievements in climate action. EIB-financed projects are expected to cut greenhouse gas emissions by 5.2 million tonnes, equivalent to the carbon footprint of 520,000 European households. … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Luxembourg, Management, News
Tagged 2023 Sustainability Report, Ambroise Fayolle, Climate Achievements, EIB Group
(IN BRIEF) The European Investment Bank (EIB) has signed a €450 million finance contract with Prysmian to enhance electricity transmission and distribution in Europe, focusing on renewable energy and offshore wind. The funds will be used to manufacture extra-high-voltage submarine … Read the full press release
(IN BRIEF) TAKKT has strengthened its resilience in the first half of 2024 by increasing its gross profit margin to 40.5% and streamlining cost structures, resulting in a slight increase in free cash flow to €25.6 million. Despite a 17.7% … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Retail
Tagged Andreas Weishaar, economy, Financial, investment, Maria Zesch, resilience, retail, TAKKT
(IN BRIEF) In Q2 2024, Vossloh Group demonstrated strong performance with an 11.7% increase in orders received, totaling €769.6 million, and maintained stable EBIT at €49.5 million, slightly above last year’s €49.3 million. Despite a 6.6% decline in sales revenues … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, News, Technology
Tagged Financial, investment, Oliver Schuster, Vossloh Group
(IN BRIEF) TeamViewer has been recognized as the Best-in-Class solution for Open Digital Platforms for Connected Workers (AR) by PAC Innovation Radar 2024. The accolade highlights TeamViewer’s prowess in implementing AR solutions, particularly in manual order picking with smart glasses, … Read the full press release
Posted in Awards, Germany, Industrial, Management, News, Technology
Tagged AR Connected Worker Platforms, Arnold Vogt, Awards, leadership, Market leader, Mei Dent, PAC Innovation Radar 2024, TeamViewer
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