Monthly Archives: July 2024

Germany’s Urban Heat Transition: E.ON Maps Path to Climate Neutrality

(IN BRIEF) Germany aims for climate neutrality by 2045, focusing on transforming heating systems in major cities like Berlin, Hamburg, Munich, and Cologne. E.ON’s latest data highlights the prevalence of district heating and the adoption of heat pumps, alongside challenges … Read the full press release

Prudential plc Appoints Pankaj Banerjee as Group Chief Agency Officer to Drive Technology-Powered Distribution Strategy

(IN BRIEF) Prudential plc has announced the appointment of Pankaj Banerjee as Group Chief Agency Officer, effective September 30, 2024. Reporting to Lilian Ng, Managing Director of the Strategic Business Group, Banerjee will lead Prudential’s strategy in enhancing agency operations … Read the full press release

Siemens Achieves EcoVadis Platinum Rating for Sustainability Excellence

(IN BRIEF) Siemens has attained the prestigious EcoVadis Platinum rating with an impressive score of 80 points, placing it among the top one percent of over 73,000 companies globally assessed. This recognition marks a significant advancement from Silver in 2021 … Read the full press release

Logicor and BSH Hausgeräte GmbH Renew Lease Agreement for Key Logistics Property in Nauen

(IN BRIEF) Logicor has renewed its lease agreement with BSH Hausgeräte GmbH for a 52,000 sqm logistics property in Nauen, Brandenburg, Germany. This renewal includes a Green Lease clause, committing both parties to resource conservation and energy optimization, thus contributing … Read the full press release

Kembara Fund I FCR Secures €350 Million EIF Commitment to Drive Deep Tech and Climate Innovation

(IN BRIEF) Kembara Fund I FCR, a €1 billion deep tech and climate-focused fund managed by Spain-based Alma Mundi Ventures, has secured a €350 million commitment from the European Investment Fund (EIF). As the first Spanish fund to be selected … Read the full press release

Vodafone UK Unveils Secure Net Home: Enhanced Digital Security and Parental Controls for Pro II Broadband

(IN BRIEF) Vodafone UK has introduced Secure Net Home, a new digital security solution for Pro II broadband users. The service offers advanced parental controls for over 150 connected devices, enabling features such as ‘Pause the Internet,’ ‘Focus Time,’ and … Read the full press release

Siemens Mobility to Modernize Berlin U5 and U8 Metro Lines with Advanced CBTC Technology

(IN BRIEF) Siemens Mobility has secured a contract with Berliner Verkehrsbetriebe (BVG) to implement a Communications-Based Train Control (CBTC) system on Berlin’s U5 and U8 metro lines. The Trainguard MT CBTC solution will enable semi-automated operations by 2029 on the … Read the full press release

EIB Advisory to Bolster Athens Water Utility EYDAP’s Investment Initiative

(IN BRIEF) The European Investment Bank (EIB) will provide advisory services to the Athens Water Supply and Sewerage Company (EYDAP) in Greece to support its €2 billion, 10-year investment programme. This initiative aims to enhance the resilience of Athens’ water … Read the full press release

Telefónica Tops Social Responsibility Rankings in Global ICT Sector

(IN BRIEF) Telefónica has been recognized as the world’s most socially responsible technology company in the first Social Ranking 2024 by the World Benchmarking Alliance (WBA). Out of 173 ICT companies assessed, Telefónica’s strong performance in human rights, decent work … Read the full press release

Vodafone UK and Virgin Media O2 Extend Network Sharing Agreement, Enhancing UK Mobile Market

(IN BRIEF) Vodafone UK and Virgin Media O2 have extended and enhanced their mobile network sharing agreement for over a decade, aimed at improving mobile coverage and service quality across the UK. The agreement, contingent on regulatory approval for Vodafone … Read the full press release

Vodafone Business and LSE Report Highlights Trust Gap Between Businesses and Customers

(IN BRIEF) A joint study by Vodafone Business and the London School of Economics has uncovered a significant “Trust Gap” between businesses and their customers, averaging 11 percentage points across global markets. This gap highlights businesses’ underestimation of the importance … Read the full press release

BASF and Graphit Kropfmühl Partner to Reduce Carbon Footprint in Graphite Production

(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

Siemens and Boson Energy Partner to Transform Non-Recyclable Waste into Green Hydrogen

(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

Deutsche Bank and Partners Launch ‘Dialog Leben’ to Foster Democratic Values in Schools

(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

EIF and kompasbank Unlock €175 Million to Boost Danish SMEs and Green Initiatives

(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

EIB Invests €37.5 Million in Nyxoah’s Innovative Sleep Apnea Solutions

(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

Digi Communications N.V. announces the availability of the instruction regarding the payment of share dividend for the 2023 financial year

(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

SIX and Avaloq Collaborate to Launch Independent Valuation Service for Financial Instruments

(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

Lindner Group Showcases Innovative Fire Protection Solutions at FeuerTrutz 2024

(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