Daily Archives: 29, August 2024

Rheinmetall Triumphs in Autonomous Convoy Challenge at ELROB 2024

(IN BRIEF) Rheinmetall secured first place in the “Automated Convoy” category at the European Land Robot Trial (ELROB) 2024 by demonstrating the advanced capabilities of its AI-supported PATH A-Kit navigation system integrated into HX military trucks. The autonomous vehicles successfully … Read the full press release

Sainsbury’s Launches Industry-First Egg Farmer Support Group to Ensure Future Resilience and Sustainability

(IN BRIEF) Sainsbury’s has launched the Sainsbury’s Egg Group, an industry-first initiative designed to support over 100 UK egg farmers by ensuring financial stability, promoting sustainable practices, and improving animal welfare. The group will guarantee that farmers receive at least … Read the full press release

Greek Cities Adopt FUSO eCanter Electric Trucks for Eco-Friendly Waste Collection

(IN BRIEF) Athens and Thessaloniki have ordered 89 FUSO eCanter electric trucks, equipped with advanced waste collection systems from KAOUSSIS, to enhance their urban waste management. These emission-free trucks are designed for efficient operations in narrow city streets and feature … Read the full press release

Mercedes-Benz Showcases Versatile Unimog Models with Advanced Technology at GaLaBau 2024

(IN BRIEF) Mercedes-Benz Special Trucks showcased three advanced Unimog models at GaLaBau 2024, highlighting their versatility and cutting-edge technology for applications in landscaping, road maintenance, agriculture, and construction. The Unimog U 430 features new safety systems and an innovative operating … Read the full press release

IKEA Partners with Adyen to Enhance Global Payment and Loyalty Systems

(IN BRIEF) IKEA has partnered with Adyen to streamline its global payment processes and improve customer experiences across both online and in-store channels. Through Adyen’s financial technology platform, IKEA will gain deeper insights into customer behaviors, enhancing its cross-channel loyalty … Read the full press release

PUMA Appoints Indrajeet Sen as New Head of Global Sourcing as Anne-Laure Descours Transitions to Advisory Role

(IN BRIEF) PUMA has appointed Indrajeet Sen as Senior Vice President of Group Sourcing, taking over operational responsibilities from Anne-Laure Descours, who will not extend her contract beyond 2024. Sen, who has been with PUMA since 2016, will oversee global … Read the full press release

FORVIA HELLA’s innovative modular lighting system delivers modern design and improved operational efficiency for Aebi Schmidt Group’s latest compact sweeper model

(IN BRIEF) FORVIA HELLA has equipped the new Schmidt eCleango 550 compact sweeper with advanced LED lighting solutions, including modular daytime running lamps and rear Shapeline series lights, enhancing both visibility and design. These innovations provide a modern look and … Read the full press release

Arglass Partners with Dürr to Pioneer Sustainable Glass Production in the U.S. with Innovative Air Purification Technology

(IN BRIEF) Arglass has partnered with Dürr to enhance sustainability at its Valdosta, Georgia facility by installing an advanced exhaust air purification system in its new glass melting furnace. The Dürr candle filter system, being used for the first time … Read the full press release

PATRIZIA Secures €200 Million to Boost Italian Smart City Projects, Expands Investment Program to €1.4 Billion

(IN BRIEF) PATRIZIA has raised an additional €200 million for its Smart City Infrastructure Fund (SCIF), bringing the total fund size to €950 million and expanding its overall smart city investment program to approximately €1.4 billion. The new capital, provided … Read the full press release

Barry Callebaut Appoints Natasha Chen as North America President Amid Leadership Transition

(IN BRIEF) Barry Callebaut Group has appointed Natasha Chen as the new President of its North America division, effective September 16, 2024. She will oversee operations in the U.S., Mexico, and Canada, reporting directly to CEO Peter Feld. Chen, who … Read the full press release

flatexDEGIRO Strengthens Leadership with Appointment of Oliver Behrens as CEO and Expands Executive Team

(IN BRIEF) flatexDEGIRO AG has appointed Oliver Behrens, a seasoned financial industry leader, as its new CEO, effective October 1, 2024. Behrens, who previously served as CEO of Morgan Stanley Europe SE, brings extensive experience in brokerage and international finance. … Read the full press release

European Bank for Reconstruction and Development Appoints Angeliki Kalligiannaki as New Head of Greece

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has appointed Angeliki Kalligiannaki as its new Head of Greece, starting 1 September. Kalligiannaki, who has been with the EBRD since 2013, will replace Andreea Moraru. She has played a … Read the full press release

DWS Strengthens Renewable Energy Portfolio with Swedish Onshore Wind Farm Acquisition

(IN BRIEF) DWS has expanded its European infrastructure investment portfolio by acquiring Heather Wind AB, an onshore wind farm in Sweden with a capacity of 48 MWp. This acquisition, part of DWS’s strategy to diversify its renewable energy assets, follows … Read the full press release

Martine Ferland Nominated for Election to Adecco Group’s Board of Directors

(IN BRIEF) AD HOC ANNOUNCEMENT pursuant to Art. 53 Listing Rules of SIX Swiss Exchange Group) The Adecco Group has announced that it will propose Martine Ferland, former CEO and President of Mercer, for election to its Board of Directors … Read the full press release

Arkema Strengthens Leadership Team with Strategic Executive Appointments

(IN BRIEF) Arkema has announced key changes to its executive leadership team, with Sophie Fouillat appointed as Executive Vice-President of Strategy, and Tilo Quink joining as Senior Vice President of Performance Additives. Laurent Tellier will move to the role of … Read the full press release

TotalEnergies Embarks on Pioneering Floating Wind Turbine Project to Power North Sea Oil & Gas Platform

(IN BRIEF) TotalEnergies has launched a pilot project to install a 3 MW floating wind turbine in the UK North Sea, designed to supply renewable energy to the Culzean offshore oil and gas platform. This innovative project aims to provide … Read the full press release

Deutsche Telekom and Kunstmuseum Bonn Launch Human AI Art Award, Honoring Innovative Intersection of Art and Technology

(IN BRIEF) Deutsche Telekom and Kunstmuseum Bonn have launched the Human AI Art Award to honor artists working at the intersection of visual arts and AI technologies. The inaugural award, which includes a €10,000 prize, has been awarded to American … Read the full press release

Siemens Launches 2024 Training Year with Emphasis on Future Skills and Democratic Values

(IN BRIEF) Siemens has launched its 2024 training program for over 1,700 apprentices and university students in Germany, with a strong focus on developing both technological skills and an understanding of democratic values. The program includes hands-on training in areas … Read the full press release

BNP Paribas Appoints Isabelle Mateos y Lago as New Chief Economist, Succeeding William de Vijlder

(IN BRIEF) BNP Paribas has appointed Isabelle Mateos y Lago as its new Chief Economist, effective September 3, 2024, succeeding William de Vijlder, who will become Economic Adviser to the Group’s General Management before retiring. Isabelle brings extensive experience from … Read the full press release

Wood Announces Strategic Divestments of Non-Core Businesses, Generating $165 Million in Proceeds

(IN BRIEF) Wood has signed agreements to sell two non-core businesses, Ethos Energy Group Limited and CEC Controls Company Inc, as part of its strategy to simplify operations and focus on core capabilities. These sales are expected to generate approximately … Read the full press release

BC Hydro Partners with Wood to Enhance British Columbia’s Electric Grid for a Sustainable Future

(IN BRIEF) BC Hydro has partnered with Wood, a global consulting and engineering firm, under a $200 million, seven-year agreement to modernize and expand British Columbia’s electric grid. The project aims to upgrade power lines, substations, and other infrastructure to … Read the full press release

EIB Approves €10.8 Billion in New Investments for Green Energy, Business Innovation, and Infrastructure Development

(IN BRIEF) The European Investment Bank (EIB) has approved €10.8 billion in new financing to support a diverse range of projects focused on green energy, business innovation, health, housing, education, and infrastructure development. This includes significant investments in clean energy … Read the full press release

European Investment Bank Reaches Milestone with Over EUR 100 Billion in Sustainability Funding Through New Climate Awareness Bond

(IN BRIEF) The European Investment Bank (EIB) has achieved a major milestone by surpassing EUR 100 billion in sustainability funding through its Climate and Sustainability Awareness Bonds (CABs and SABs). This achievement was marked by the issuance of a heavily … Read the full press release