(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) are providing a $20 million loan to Crédit Agricole Egypt to support small businesses and green investments. This loan includes $3 million of concessional … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Credit Agricole, Crédit Agricole Egypt, EBRD, EGYPT, Green Climate Fund (GCF), Heike Harmgart, investments, Jean-Pierre Trinelle, partnership, small businesses, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Eiffel Investment Group are jointly providing €24.4 million for the construction of two solar power plants in Romania’s Dolj County. Each organization is contributing €12.2 million to the … Read the full press release
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania, United Kingdom
Tagged EBRD, Eiffel Investment Group, Grzegorz Zieliński, investment, partnership, renewable energy, Romania, solar power, sustainability
(IN BRIEF) Iberdrola has acquired an 88% stake in Electricity North West (ENW) in the UK for £2.1 billion (€2.5 billion), reinforcing its commitment to investing in strong credit-rated countries. This acquisition makes the UK Iberdrola’s leading market by regulated … Read the full press release
(IN BRIEF) Mahmut Akten will become CEO of Garanti BBVA and BBVA Country Manager in Turkey, replacing Recep Baştuğ. The appointment is pending regulatory approval. BBVA has reorganized its global Client Solutions area, introducing new leadership for Commercial and Retail … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Spain, Turkey
Tagged appointment, BBVA, CEO, Country Manager, David Puente, Garanti BBVA, Jaime Sáenz de Tejada, leadership, Mahmut Akten, Murat Kalkan, Onur Genç, partnership, Recep Baştuğ, Turkey
(IN BRIEF) Pirelli is partnering with hill-climb champion Simone Faggioli for the first “Set the Time” event during the Rieti-Terminillo hill-climb race on August 4. Faggioli will drive a Porsche 911 (992) equipped with Pirelli’s P Zero Trofeo R tyres … Read the full press release
Posted in Automotive, Business, Financial, Investment, Italy, Management, Marketing, Media, News, Sports
Tagged "Set the Time" Event, Hill-Climb Champion, partnership, Pirelli, Rieti-Terminillo race, Simone Faggioli, sports, Stefano Bizzi
(IN BRIEF) Associated British Ports (ABP) is sponsoring two major events in Plymouth this summer: the British Firework Championships on August 14-15 and the World Cadet Championships, running until August 9. The firework event supports the Royal National Lifeboat Institution … Read the full press release
Posted in Business, Entertainment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Transportation & Logistics, United Kingdom
Tagged ABP, Ashley Curnow, British Firework Championships, infrastructure, investments, partnership, Plymouth, sponsorship, Summer Events, World Cadet Championships
(IN BRIEF) Rheinmetall is acquiring a majority stake in Resonant Holdings (Pty) Ltd, a South African specialist in plant engineering for chemical applications, by securing 51% ownership in a new joint venture, Rheinmetall Resonant South Africa. This move aims to … Read the full press release
Posted in Business, Chemicals, Defence, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology
Tagged acquisition, partnership, Resonant Holdings, Rheinmetall, South Africa
(IN BRIEF) BAE Systems has secured a $493 million contract to continue producing M109A7 Self-Propelled Howitzers and M992A3 Ammunition Carriers for the U.S. Army, with deliveries expected between August 2025 and July 2026. This contract supports the Army’s Armored Brigade … Read the full press release
(IN BRIEF) Greece Now, a leading luxury magazine showcasing Greek culture, is featured as an exclusive insert in Harper’s Bazaar Arabia’s 2024 issue. Founded by Vivi Andritsou, Nicholas Papapavasiliou, and Vassilios Nicolaos Vitsilogiannis, Greece Now serves as a cultural bridge … Read the full press release
Posted in Entertainment, Greece, Marketing, Media, Travel
Tagged ancient traditions, Arab audiences, Arab world, contemporary Greek art, culinary journeys, cultural ambassador, CULTURE, Greece, Greece Now, Greek excellence, Greek fashion designers, Greek luxury, Greek musicians, Harper's Bazaar Arabia, lifestyle, luxury accommodations, luxury enthusiasts, medical tourism, Nicholas Papapavasiliou, premier luxury magazine, travelers, Vassilios Nicolaos Vitsilogiannis, Vivi Andritsou, world-class gastronomy
(IN BRIEF) Swisscom has welcomed 232 new apprentices, with a record 97 starting IT apprenticeships. To support these apprentices, Swisscom is piloting a nine-month onboarding program. Additionally, nine students are beginning a bachelor’s degree in IT with integrated practice. Swisscom … Read the full press release
Posted in Business, Education, Financial, Industrial, Investment, Management, Media, News, Switzerland, Technology, Telecom
Tagged . Marc Marthaler, apprenticeship, IT Recruitment Year, Klementina Pejic, Swisscom, training
(IN BRIEF) Dr. Marie Yang O’Brien, Co-founder and Chief Scientific Officer of ReNewVax Ltd., a University of Liverpool spin-out, has been awarded a UKRI Future Leader Fellowship (FLF). Her fellowship focuses on developing a vaccine for Streptococcus agalactiae (Group B … Read the full press release
Posted in Awards, Business, Education, Financial, Healthcare, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged Awards, Donna Bradshaw, Dr. Carolyn Horrocks, Dr. Jamie Wilson, Dr. Juri Smirnov, Dr. Marie Yang O’Brien, leadership, Prof. Aras Kadioglu, ReNewVax Ltd., UKRI Future Leader Fellowship, University of Liverpool, Vaccine Research
(IN BRIEF) Kuehne+Nagel has appointed Yutaka Matsuyoshi as the new Managing Director for Japan, starting August 1, 2024. Matsuyoshi, with 25 years of experience in logistics, previously led Global Logistics at adidas and served as Global Head of Operations for … Read the full press release
(IN BRIEF) Thales has been selected by Lilium as the exclusive supplier of navigation and communication antennas for their electric Vertical Takeoff and Landing (eVTOL) jet program, set to begin service in 2026. This partnership will incorporate a blend of … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged Communication Antennas, eVTOL Jet Navigation, Germany, Lilium, Martin Schuebel, Nicolas Bonleux, partnership, sustainability, Thales
(IN BRIEF) Hiab, part of Cargotec, has launched the JONSERED iZ.18R HD recycling crane, targeting the 18 to 19 tm market segment. Equipped with the advanced SPACEevo control system and the Olsbergs Q200 valve, the crane is designed for high-frequency … Read the full press release
(IN BRIEF) Langley Holdings has acquired GKN Hydrogen, an Italian specialist in hydrogen storage and power-to-power technology, from Dowlais Group. GKN Hydrogen’s innovative technology stores hydrogen in a solid state at 16 times the density of compressed gas, maintaining efficiency … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology, United Kingdom
Tagged acquisition, Anthony Langley, energy solutions, GKN Hydrogen, Italy, Langley Holdings, Marelli Motori, partnership, sustainability
(IN BRIEF) British Gas is extending its PeakSave offer to provide half-price electricity to customers during the Paris 2024 Olympic Games, from 28th July to 8th September. The offer, available every Sunday and on two Saturdays, encourages homeowners to use … Read the full press release
(IN BRIEF) ORLEN Wind 3, a subsidiary of the ORLEN Group, has signed a preliminary agreement to acquire two solar PV farms and a wind farm from EDP Renewables Polska for approximately PLN 1.15 billion. This acquisition, one of the … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland
Tagged acquisition, Duarte Bello, EDP Renewables Polska, Ireneusz Fąfara, ORLEN, ORLEN Wind 3, partnership, renewable energy, sustainability
(IN BRIEF) Brenntag, a global leader in chemicals and ingredients distribution, has acquired Monarch Group Holdings Ltd. and its subsidiary Monarch Chemicals Ltd. in the UK. This acquisition includes sites in Southeast England and Scotland, enhancing Brenntag’s last-mile service operations. … Read the full press release
Posted in Agriculture, Business, Chemicals, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, United Kingdom
Tagged acquisition, Brenntag, Jon Hill, Monarch Chemicals, partnership, Russel Argo, sustainability, UK
(IN BRIEF) Nagarro, in partnership with Kehl and Offenburg universities, is launching a new bachelor’s degree program in ‘Digital Public Management’ starting in the winter semester of 2025-26. This program aims to meet the growing need for digital services in … Read the full press release
Posted in Business, Education, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged 'Digital Public Management' Degree, Kehl University, Nagarro, Offenburg Universitiy, partnership
(IN BRIEF) GFT has achieved its third consecutive year of improvement in the ISG Provider Lens™ – Google Cloud Partner Ecosystem 2024 report, positioning itself as a leader in Data Analytics and Machine Learning, and Implementation and Integration Services in … Read the full press release
Posted in Artificial Intelligence (AI), Awards, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged AI, Awards, GFT Technologies, ISG Provider Lens™, leadership, Marika Lulay, Mark Purdy, rankings
(IN BRIEF) Deutsche Telekom, Volkswagen Group Logistics, BIBA, and Unikie have launched the “AutoLog” project to automate logistics processes at the Emden port automotive terminal. The project uses Deutsche Telekom’s 5G network and edge data center technology to enhance efficiency. … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom, Transportation & Logistics
Tagged 'AutoLog' Project, Automated Logistics, BIBA, Deutsche Telekom, Emden Port, partnership, sustainability, Unikie, Volkswagen
(IN BRIEF) Plenitude has signed a 10-year Corporate Power Purchase Agreement (PPA) with Ferriera Valsabbia to supply energy from a 15MW wind farm in Sannicandro di Bari, Italy. Starting in September 2024, the wind farm will generate over 350 GWh … Read the full press release
Posted in Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, Metals and Minerals, News
Tagged Alessandro Della Zoppa, Eni, Ferriera Valsabbia, partnership, Plenitude, Renewable Wind Energy, Ruggero Brunori, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested up to US$ 90 million (€83 million) in Ulker Biskuvi Sanayi’s first sustainability-linked Eurobond, part of a larger US$ 550 million issuance. This funding will help Ulker, a … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Turkey, United Kingdom
Tagged EBRD, Erdem Yasar, Eurobond, investment, Mete Buyurgan, partnership, sustainability, Turkey, Ulker Biskuvi Sanayi
(IN BRIEF) The European Investment Bank (EIB) has granted a €35 million green loan to Haizea Wind Group, a Spanish wind energy component manufacturer. This investment aims to enhance innovation and digitalization in the wind sector, supporting the REPowerEU plan … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Technology
Tagged Alvaro Quintana, EIB, Europe, Gilles Badot, Haizea Wind Group, partnership, Spain, sustainability, wind energy
(IN BRIEF) Vortex Energy, a leading renewables company in Poland owned by Vitol, has appointed Wojciech Orzech as CEO. Orzech, with over 20 years of experience in energy and infrastructure, previously served as CEO of PKP Energetyka. He will work … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Poland
Tagged appointment, CEO, Justine Ryan, leadership, Poland, renewable energy, Vitol, Vortex Energy, Wojciech Orzech
(IN BRIEF) Vitol B.V. has agreed to acquire Noble Resources Trading Limited for $0.63 per share on a debt-free, cash-free basis, pending customary conditions. Noble Resources is a prominent supply chain manager for energy products and industrial raw materials in … Read the full press release
(IN BRIEF) BP has finalized the acquisition of GETEC ENERGIE GmbH, an energy supplier to commercial and industrial customers in Germany. This acquisition, announced in January 2024, enhances BP’s European gas and power operations and expands its reach to Germany, … Read the full press release
Posted in Austria, Belgium, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Poland, United Kingdom
Tagged acquisition, Austria, Belgium, BP, Cord Wiesner, Elaine Skinner-Reid, European Energy, GETEC ENERGIE GmbH, Netherlands, partnership, Poland, sustainability
(IN BRIEF) BP and the Government of Iraq have signed a memorandum of understanding (MoU) to negotiate a redevelopment programme for the Kirkuk region. This includes investments in oil and gas, power generation, solar energy, and exploration activities. The MoU … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged BP, H.E. Hayan Abdul Ghani, H.E. Mohammed Shia' Al Sudani, Iraq Government, Kirkuk Region, Murray Auchincloss, Nader Zaki, partnership, redevelopment, sustainability, Zaid Elyaseri
(IN BRIEF) On 1 August 2024, Digi Communications’ subsidiary, DIGI Portugal, LDA, entered into a share purchase agreement with LORCA JVCO Limited to acquire 100% of Cabonitel, S.A. for EUR 150 million, subject to customary adjustments and contingent events. Cabonitel … Read the full press release
Posted in Belgium, Business, Financial, Investment, Italy, Management, Netherlands, News, Portugal, Romania, Spain, Technology, Telecom
Tagged 1800 MHz, 2600 MHz, 3600 MHz, acquisition, Autoriteit Financiële Markten, Bucharest Stock Exchange, Cabonitel, DIGI COMMUNICATIONS N.V., Digi Portugal, EUR 150 million, fixed telecom operator, LDA.. DIGI Portugal, Lorca JVCo Limited, MNO, mobile spectrum, mobile telecom operator, Nowo Communications, S.A., Serghei Bulgac, share purchase agreement, Spectrum Licenses, telecommunication services, Valentin Popoviciu
(IN BRIEF) Aviva is launching a new Junior ISA (JISA) portfolio with a 0% platform charge, aimed at encouraging young investors to maximize their tax-efficient savings. This fully integrated JISA will be available later this summer to both new and … Read the full press release
Posted in Insurance, Society, United Kingdom
Tagged 0% platform charge, adviser firms, Adviser Platform, Al Ward, Aviva, Aviva portfolio, Cash Management, client transition service, Financial Planning, FSL, integrated JISA, intergenerational planning, investment, ISA limit, JISA, Junior ISA, multi-asset funds, new investors, platform improvements, Savings habits, tax efficient solutions, tax reporting
(IN BRIEF) Lloyds Bank has introduced its 2024 student current account, offering a £110 cash bonus and a 20% discount on Student Union events for the academic year 2024/2025 at universities in England and Wales. To qualify for the cash … Read the full press release
Posted in Banks, Education, Financial, United Kingdom
Tagged 15% cashback, 2% credit interest, 20% discount, 24/7 access, academic year 2024/2025, Apple Pay, ASOS, August 1st, balances up to £5, cash reward, college, contactless debit card, deposit requirement, Domino’s, England, Everyday Offers, Google Pay, interest-free overdraft, Lloyds Bank, mobile banking app, new student account, Sainsbury’s, Security Technologies, student current account, Student Union events, Vivek Khattri, Wales
(IN BRIEF) Repsol and Volotea have formed a strategic partnership to supply over 6 million liters of sustainable aviation fuel (SAF) for Volotea flights from Spanish airports between 2025 and 2029. This collaboration is set to significantly reduce CO2 emissions … Read the full press release
Posted in Aviation & Aerospace, Energy, Gas & Oil, Industrial, Spain, Travel
Tagged 100% renewable fuels, agricultural waste, Airbus, airline industry, animal fats, Biomass, Carlos Muñoz, CO2 emissions reduction, decarbonization, European Union Renewable Energy Directive, Hamburg to Toulouse shuttle, IATA studies, Iberian Peninsula, Madrid to Region of Murcia route, organic materials, ReFuelEU Aviation regulation, renewable diesel, renewable fuels, Repsol, SAF, Spain, sustainable aviation fuel, used cooking oil, Valero Marín, vegetable oils, Volotea
(IN BRIEF) Enilive, a subsidiary of Eni, has partnered with Poste Italiane to supply biofuels for its ground and air fleets, aiming to accelerate Poste Italiane’s progress toward its 2030 energy transition and carbon neutrality goals. The collaboration involves supplying … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Italy, Transportation & Logistics
Tagged agri-food by-products, air transport, aircraft, animal fat, biofuels, biorefineries, carbon footprint, carbon neutrality, collaboration agreement, energy transition, Enilive, Enilive service stations, environmental policies, ESG principles, European Renewable Energy Directive, Giuseppe Lasco, Giuseppe Ricci, green transition, ground vehicles, HVOlution, Italy, JET A1+Eni Biojet, Multicard, Poste Italiane, ReFuelEU, renewable diesel, Road transport, SAF, sustainable aviation fuel, sustainable vehicles, used cooking oils
(IN BRIEF) The European Investment Bank’s (EIB) global arm, EIB Global, has partnered with Evocabank to improve financial access for micro-, small-, and medium-sized enterprises (MSMEs) in Armenia. EIB Global is providing a €12 million loan to Evocabank, which will … Read the full press release
Posted in Banks, Business, European Union, Financial, Investment, Luxembourg, Small Business
Tagged Armenia, banking sector, Eastern Partnership, Economic and Investment Plan, EIB Global, entrepreneurial community, EU grant, Evocabank, financial inclusion, Financial Stability, inclusive economic growth, Jan Plešinger, job creation, Karen Yeghiazaryan, local currency financing, market opportunities, MSMEs, Neighbourhood Investment Platform, Southern Caucasus, sustainable economy, Team Europe, Teresa Czerwińska, women-led businesses
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
