(IN BRIEF) Lane, the U.S. subsidiary of the Webuild Group, has secured a $466 million contract to construct two twin tunnels in New Jersey as part of the Hudson River Tunnel Project. These tunnels, which will enhance New York City’s … Read the full press release
(IN BRIEF) ESET Research has uncovered a new Android malware called “NGate” that targets NFC (Near Field Communication) data to facilitate unauthorized ATM withdrawals. The malware deceives users into installing it through phishing attacks impersonating Czech banks. Once installed, NGate … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Security & Safety, Slovakia, Technology
Tagged Android Malware, ATM Theft, Cybersecurity, Czech banks, ESET, Lukáš Štefanko, NFC (Near Field Communication) Data, NGate, Phishing
(IN BRIEF) Siemens has launched the SICAM Enhanced Grid Sensor (EGS), a new solution designed to provide full transparency and control over power distribution networks. Part of the Siemens Xcelerator portfolio, this advanced sensor enhances grid monitoring, optimizes maintenance, and … Read the full press release
(IN BRIEF) Siemens has been recognized as a leader in building decarbonization consulting by Verdantix, an independent research firm, in their “Green Quadrant: Building Decarbonization Consulting 2024” report. The report highlights Siemens’ Building X platform, which is part of the … Read the full press release
(IN BRIEF) Nestlé has announced a significant leadership change with the appointment of Laurent Freixe as the new CEO, effective September 1, 2024. Freixe, who has been with Nestlé since 1986 and currently serves as Executive Vice President and CEO … Read the full press release
Posted in Business, Commodities, Food & Beverage, Industrial, Management, News, Switzerland
Tagged appointment, CEO, Laurent Freixe, leadership, Mark Schneider, Nestlé, Paul Bulcke
(IN BRIEF) Aegon has appointed Shawn C.D. Johnson as the new CEO of Aegon Asset Management (Aegon AM), effective September 23, 2024. Johnson, who has extensive experience in asset management, including his recent role as CEO of AMP Capital, will … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Insurance, Investment, Management, Netherlands, News
Tagged Aegon, appointment, Bas NieuweWeme, CEO of Asset Management Division, Lard Friese, leadership, Shawn C.D. Johnson
(IN BRIEF) Chocolat, a disabled chimpanzee rescued from the illegal bushmeat trade, has been successfully relocated from Kenya to Monkey World – Ape Rescue Centre in the UK, thanks to a collaboration between DHL Express and Monkey World. The chimpanzee, … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Non Profit, Transportation & Logistics, United Kingdom
Tagged Cain Moodie, chocolat, DHL Express, Dr. Alison Cronin, Germany, Monkey World, partnership, Rescued Chimpanzee, Sanctuary, Stefanie Powers, sustainability, UK, William Holden Wildlife Foundation
(IN BRIEF) Vodafone Foundation’s NG-SOS app has reached a milestone of over 4 million downloads and has facilitated 200,000 emergency calls across Europe. The app, available in the Czech Republic, Hungary, Slovakia, and Austria, connects users directly to emergency services, … Read the full press release
Posted in Artificial Intelligence (AI), Austria, Business, Czech Republic, Environment, Financial, Germany, Government, Healthcare, Hungary, Investment, Management, News, Science, Slovakia, Technology, Telecom
Tagged Austria, Czech Republic, emergency response, Europe, Hungary, NG-SOS App, partnership, Slovakia, sustainability, vodafone
(IN BRIEF) FUSO, a subsidiary of Daimler Truck AG, is showcasing its latest electric vehicle models at GaLaBau 2024, an international trade fair focused on urban greenery and landscaping. The event will feature four Next Generation eCanter models, designed to … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Transportation & Logistics
Tagged Daimler truck, eCanter, FUSO, GaLaBau 2024, horticulture, landscaping, Mathias Wolf, partnership, sustainability
(IN BRIEF) DSV, a global logistics leader, has entered a significant agreement with Volvo Trucks to purchase 300 electric trucks, marking one of Volvo’s largest commercial orders for electric vehicles. This deal is a crucial step in DSV’s strategy to … Read the full press release
Posted in Business, Denmark, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged DSV, Germany, partnership, Roger Alm, sustainability, Søren Schmidt, TRANSPORT, Volvo Electric Truck
(IN BRIEF) Intesa Sanpaolo, along with a consortium of international banks, has committed NZ$267 million (approximately €150 million) in green financing to support the construction of the Kōwhai Solar Park in Christchurch, New Zealand. This solar park, a joint venture … Read the full press release
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Contact Energy, energy transition, Intesa Sanpaolo, Kōwhai Solar Park, Lightsource BP, New Zealand, Nicola Doninelli, partnership, sustainability
(IN BRIEF) IKEA South Korea has implemented advanced automation systems at its Giheung store as part of a global initiative by the Ingka Group to enhance customer experience and operational efficiency. The €11 million investment in technology, including wireless-controlled robots … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, Internet & Online, Investment, Management, Marketing, Netherlands, News, Retail, Technology
Tagged automation, E-Commerce, Giheung store, IKEA, Ingka Group, INNOVATION, investment, Marcus Baumgartner, partnership, South Korea, sustainability
(IN BRIEF) The August bank holiday is expected to bring a significant boost to the UK’s retail and hospitality sectors, with a forecasted 15% increase in sales, contributing an additional £600 million to the economy. This uplift is based on … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Ireland, Management, News, Retail, United Kingdom
Tagged August Bank Holiday, Colin Grieves, Experian, Hospitality, Ireland, partnership, retail, sustainability, UK
(IN BRIEF) The latest Swiss Payment Monitor report reveals that mobile payments have become the most popular payment method in Switzerland, surpassing debit cards and cash for the first time. Mobile devices now account for 26.8% of all transactions, driven … Read the full press release
Posted in Banks, Bulgaria, Economy, Financial, Industrial, Internet & Online, Investment, Management, News, Switzerland, Technology
Tagged cash, debit cards, Financial, mobile payments, Payment Method, Switzerland, University of St. Gallen, ZHAW
(IN BRIEF) ProTecBird, a German AI technology company, in collaboration with Rheinmetall Electronics GmbH, has successfully demonstrated the effectiveness of their AVES Wind anti-collision system, designed to protect red kites and other protected bird species around wind turbines. The system … Read the full press release
Posted in Artificial Intelligence (AI), Business, Defence, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged AI-Driven System, AVES Wind anti-collision system, bird species, partnership, ProTecBird, Red Kites, Rheinmetall, sustainability, Thorsten Heinzen, Uwe Lindenau, wind turbines
(IN BRIEF) Italian and Slovenian authorities, supported by Eurojust, successfully arrested a fugitive Italian crime leader in Koper, Slovenia. The 40-year-old, who had been evading a 21-year prison sentence for various serious crimes including drug trafficking, extortion, and kidnapping, was … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Italy, Law, Management, Netherlands, News, Security & Safety, Slovenia
Tagged drug trafficking, Eurojust, extortion, Fugitive Italian, Italy, kidnapping, partnership, Slovenia
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), along with private equity firms CEECAT Capital and Morphosis Capital, has made a significant investment in the Romanian discount food retailer La Cocos. The €10 million equity investment will help … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Retail, Romania, United Kingdom
Tagged CEECAT Capital, EBRD, expansion, investment, Iulian Nica, La Cocos, Morphosis Capital, partnership, retail, Romania, sustainability
(IN BRIEF) Scania has introduced its latest gearbox, the G38, specifically designed to complement its powerful 770 horsepower V8 engine. The G38 gearbox can handle up to 3,800 Nm of torque while maintaining the same weight and dimensions as its … Read the full press release
Posted in Automotive, Business, Environment, Financial, Industrial, Investment, Management, Media, News, Sweden, Technology, Transportation & Logistics
Tagged 770 V8 Engine, G38 Gearbox, Scania
(IN BRIEF) Wolters Kluwer Health has introduced Lippincott Client Cases for Clinical Judgment, a new learning tool designed to enhance nursing education by bridging the gap between academic learning and real-world clinical practice. The tool offers over 300 patient scenarios … Read the full press release
Posted in Business, Education, Environment, Financial, Healthcare, Industrial, Investment, Management, Netherlands, News, Science, Technology
Tagged Amy Walker, Clinical Practice, Innovative Tool, Lippincott Client Cases for Clinical Judgment, Nursing Education, partnership, sustainability, Wolters Kluwer, Wolters Kluwer Health
(IN BRIEF) The Humber ports, including Grimsby, Immingham, and Hull, have solidified their position as the UK’s leading hub for seafood imports, handling 41.6% of the nation’s fish imports and showing a 10.5% growth year-on-year. Grimsby remains central to the … Read the full press release
Posted in Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, International Trade, Investment, Management, News, Transportation & Logistics, United Kingdom
Tagged ABP, Grimsby, Hull, Humber ports, Immingham, leadership, partnership, Seafood Imports, Simon Bird, Simon Dwyer, sustainability, UK
(IN BRIEF) Associated British Ports (ABP) and px Group have announced the launch of a Clean Growth Hub at the Port of Barry in South Wales. The initiative aims to transform over 100 acres of the port into a hub … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged ABP, Clean Growth Hub, Geoff Holmes, Henrik L. Pedersen, Industrial Transformation, low-carbon, partnership, Port of Barry, px Group, sustainability
(IN BRIEF) Iberdrola has once again secured its place in the prestigious FTSE4Good index, highlighting its commitment to sustainability and responsible business practices. The company, led by Ignacio Galán, has maintained its position in the index since 2009, demonstrating strong … Read the full press release
(IN BRIEF) VINCI Energies has acquired Fernao Group, a leading cybersecurity services provider in Germany and Switzerland. This strategic move will enhance VINCI Energies’ Axians brand by expanding its expertise in cybersecurity, IT services, and cloud solutions. Fernao Group, with … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Switzerland, Technology
Tagged acquisition, Cybersecurity, Fernao Group, Germany, partnership, sustainability, Switzerland, VINCI, VINCI Energies
(IN BRIEF) Switzerland launched instant payments on 20 August 2024, with around 60 financial institutions now able to process these transactions, covering over 95% of Swiss retail payments. Instant payments allow for immediate account-to-account transfers, 24/7, offering significant benefits such … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, International Trade, Internet & Online, Investment, Management, Marketing, News, Retail, Switzerland, Technology
Tagged financial institutions, Instant Payments, partnership, SIX, sustainability, Switzerland
(IN BRIEF) Savills has announced the appointment of James Hiatt as a Director in its Central London Investment team, with Hiatt set to join in 2025 after a period of gardening leave. Hiatt, who brings over 17 years of experience … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, News, Real Estate, United Kingdom
Tagged appointment, Central London, Investment Team, James Hiatt, leadership, Richard Garside, Savills
(IN BRIEF) Experian’s 2024 U.S. Identity and Fraud Report highlights the growing concerns around generative AI, deepfakes, and cybercrime as major threats to businesses. Despite recognizing these risks, companies are underinvesting in advanced fraud prevention tools, leaving them vulnerable to … Read the full press release
(IN BRIEF) Thales and L&T Technology Services (LTTS) have expanded their long-standing partnership to enhance software monetization across various industries, including hi-tech, sustainability, and mobility. The collaboration will utilize Thales’s Sentinel software licensing platform, enabling LTTS’s customers to implement flexible … Read the full press release
(IN BRIEF) Stora Enso has partnered with Swedish startup Enkei to develop an innovative and sustainable packaging solution for Enkei’s designer table lamp, Reminder (001). The packaging, made from Stora Enso’s biodegradable and recyclable materials, Papira® foam and corrugated board, … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged Designer Lamps, Enkei, INNOVATION, Julia Broszat, Lovisa Sunnerholm, packaging solution, Papira®, partnership, Paula Martirez, Stora Enso, sustainability, Sweden
(IN BRIEF) Symrise has completed the expansion of its food and beverage (F&B) powder blending facility in Jinqiao, Shanghai, marking a significant step in enhancing its production capabilities and operational efficiency. The new state-of-the-art blender in the seasoning plant increases … Read the full press release
Posted in Business, Chemicals, Food & Beverage, Germany, Industrial, Investment
Tagged blender installation, Chinese market, F&B powder blending, food and beverage industry, Global President F&B, high-quality products, INNOVATION, Jinqiao, Kapil Sethia, manufacturing capabilities, Operational Efficiency, Operational Excellence, production capacity, Robert Marti, seasoning plant, Shanghai, STRATEGY, Symrise, Walter Ribeiro
(IN BRIEF) EQT, a global investment firm, has announced a strategic partnership with Compass, a leading K-12 education software company. The partnership aims to accelerate Compass’s growth, enhance its platform, and support its international expansion. With over 3,000 schools already … Read the full press release
Posted in Education, Financial, Investment, Sweden, Technology
Tagged Advent Partners, analytics, assessment tools, Australia, BPEA EQT Mid-Market Growth Partnership, cloud-based management platform, Compass, EQT, GROWTH, INNOVATION, investment, Ireland, John de la Motte, K-12 education software, learning, Nicholas Macksey, SaaS, SCHOOLS, Student Information System, technology sector, UK
(IN BRIEF) T-Systems has appointed Elke Anderl as the new Chief Commercial Officer, effective September 1, 2024. She succeeds Urs M. Krämer, who is stepping down. Elke Anderl, a seasoned expert in IT, sales, and service, will oversee global sales … Read the full press release
Posted in Germany, Management, Technology, Telecom
Tagged appointment, artificial intelligence, Board of Management, Chief Commercial Officer, Cloud services, consulting, DACH region, Deutsche Telekom, digital solutions, Elke Anderl, Europe, Ferri Abolhassan, global sales, ICT service provider, IT, leadership, Market leader, marketing, sales, SECURITY, service, T-Systems
(IN BRIEF) Katarzyna Niewiadoma won the third edition of the Tour de France Femmes avec Zwift, with Marianne Vos taking the points classification title. Škoda Auto, the main partner of the event, provided 70 electric and plug-in hybrid vehicles, including … Read the full press release
Posted in Automotive, Awards, Czech Republic, France, Media, Sports
Tagged A.S.O., Alpe d’Huez, CANYON//SRAM Racing, cycling, cycling race, electric vehicles, green jersey, Katarzyna Niewiadoma, Marianne Vos, Marion Rousse, plug-in hybrid vehicles, Rotterdam, ŠKODA AUTO, ŠKODA Design, Škoda Enyaq, sustainability, Tour de France Femmes avec ZWIFT, WeLoveCycling
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International have provided a €110 million financing package to build and operate two solar photovoltaic power plants in south-eastern Romania. These plants, with a combined capacity of … Read the full press release
Posted in Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Luxembourg, Romania, United Kingdom
Tagged carbon dioxide emissions reduction, climate finance, EBRD, energy security, EU commitments, Favi Stelian, Fit for 55, Ghimpati, green transition, Grzegorz Zielinski, Iepuresti, InvestEU guarantee, Nofar Energy, OY Nofar Energy, Raiffeisen Bank International, renewable energy, REPowerEU, Romania, RTG Solar Energy, solar plants, Solis Imperium, Tel Aviv stock exchange
(IN BRIEF) The European Investment Bank (EIB) has successfully re-entered the USD bond market with a new $5 billion 5-year Global benchmark bond, offering a 3.750% semi-annual coupon. This issuance, which brings EIB’s total USD issuance for the year to … Read the full press release
(IN BRIEF) BASF is launching its first Care 360° Sustainability Days, a virtual event from September 17-19, 2024, aimed at fostering collaboration with industry leaders in the Personal Care, Home Care, I&I, and Industrial Formulators sectors. The event will focus … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Technology
Tagged BASF, Care 360° Sustainability Days, Dr. Matthias Maase, net-zero, partnership, sustainability
(IN BRIEF) Borealis and Infinium have formed a strategic partnership to produce low-carbon plastics using Infinium’s eNaphtha, a sustainable feedstock made from captured CO2 emissions. This collaboration aims to reduce the carbon footprint of polyolefins, a type of plastic widely … Read the full press release
Posted in Austria, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Borealis, eNaphtha, Infinium, low-carbon, Mirjam Mayer, partnership, Plastics Revolution, polyolefins, Robert Schuetzle, sustainability, USA
(IN BRIEF) Siemens Smart Infrastructure has launched the SIVACON 8MF1, the first industrial control cabinets made entirely from green steel. Produced by Alpha Verteilertechnik in Germany, these cabinets are manufactured using 100% scrap metal and wind power, resulting in a … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Switzerland, Technology
Tagged Alpha Verteilertechnik, CO₂ emissions, Eco-Friendly Control Cabinets, Germany, partnership, Siemens, sustainability
(IN BRIEF) Škoda has unveiled its new Elroq vehicle, which emphasizes sustainability through the use of advanced, eco-friendly materials in its interior design. The Elroq incorporates innovative materials such as Recytitan, made from recycled PET and post-consumer clothing, and Technofil, … Read the full press release
Posted in Automotive, Business, Czech Republic, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged Eco-Friendly Interiors, Elroq, recycled materials, Recytitan, ŠKODA, sustainability, Technofil
(IN BRIEF) Lightsource bp has partnered with German renewable energy developer Kajoni Energie GmbH to accelerate its growth in Germany by developing over 500MWp of solar projects within the next two to three years. This collaboration will focus on identifying … Read the full press release
(IN BRIEF) A pioneering research project in Eastern Switzerland, led by the Institute for Mobility (IMO-HSG) and partnered with OSTWIND, TIER, SBB, and local authorities, is exploring the integration of public transport with shared micromobility options like e-bikes and e-scooters. … Read the full press release
Posted in Business, Education, Environment, Government, Industrial, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged AGGLO St.Gallen-Bodensee, Christian Stieger, City of St.Gallen, Dr. Philipp Scharfenberger, e-bikes, e-scooters, Innovative Mobility, Institute for Mobility (IMO-HSG), Matthias Brüning, micromobility, OSTWIND, partnership, public transport, SBB, sustainability, Switzerland, TIER, University of St. Gallen
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
