(IN BRIEF) Symrise has opened an expanded Sales and R&D hub in Beijing to better serve the growing food and beverage market in Northern China. The 800 sqm facility includes advanced laboratories for beverage, dairy, culinary, and snack applications, designed … Read the full press release
Posted in Business, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Retail, Technology
Tagged Beijing, INNOVATION, Northern China, partnership, R&D Hub, Robert Marti, sustainability, Symrise, Walter Ribeiro
(IN BRIEF) EQT Private Capital Asia, through its BPEA Private Equity Fund VIII, has announced the acquisition of PropertyGuru Group Limited, a leading PropTech company in Southeast Asia. This move strengthens EQT’s portfolio in the digital real estate sector, providing … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, News, Real Estate, Sweden, Technology
Tagged acquisition, EQT, EQT Private Capital Asia, partnership, PropertyGuru, PropTech Firm, real estate, Southeast Asian, sustainability
(IN BRIEF) EQT Infrastructure VI has acquired KJ Environment and its affiliated companies in South Korea to create a leading waste management platform focused on plastic recycling and waste-to-energy. This acquisition aligns with EQT’s strategy of investing in sustainable infrastructure … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged acquisition, EQT, KJ Environment, partnership, Sang Jun Suh, South Korea, sustainability, waste management
(IN BRIEF) SGS has partnered with Stronger Together to develop a training course aimed at enhancing the skills of auditors in detecting and reporting forced labor. The “Detecting and Reporting Forced Labor: Guidance for Auditing” course, now publicly available, equips … Read the full press release
Posted in Business, Education, Environment, Financial, Industrial, Investment, Management, News, Non Profit, Security & Safety, Switzerland
Tagged Auditors, Forced Labor Detection Skills, human rights, Jantine Werdmuller von Elgg, Laurent Corbaz, partnership, SGS, Stronger Together, sustainability, training program
(IN BRIEF) British Gas has joined a consortium with NatWest, Places for People, Sero, and Tallarna to pilot a new approach to decarbonizing up to 1,000 social housing units. The initiative will test financial models that make retrofitting more affordable, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, United Kingdom
Tagged British Gas, Centrica, Dan Rosenfield, decarbonizing, Greg Reed, Miatta Fahnbulleh, NatWest, partnership, Places for People, Sero, social housing, sustainability, Tallarna
(IN BRIEF) The University of St.Gallen (HSG) will participate in the Eastern Switzerland Education Exhibition (OBA) from August 29 to September 1, 2024, at the St.Gallen Olma halls. HSG will showcase six apprenticeship programs, including roles like Information and Documentation … Read the full press release
(IN BRIEF) Avangrid and Statkraft have signed a new Virtual Power Purchase Agreement (VPPA) for energy from the 35 MW Casselman wind farm in Pennsylvania, marking their second such deal in nine months. This agreement strengthens the partnership between the … Read the full press release
(IN BRIEF) Abertis has won the concession for the Ruta 5 Santiago-Los Vilos motorway in Chile, extending its presence in the country and solidifying its position as a leading toll road operator. Starting in April 2025, Abertis’ subsidiary VíasChile will … Read the full press release
(IN BRIEF) IKEA is expanding its use of AI-powered drones to automate inventory management across its warehouses in Europe and North America. After successful testing in Belgium, the drones will now operate 24/7, freeing up employees for other tasks and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Industrial, Investment, Management, Netherlands, News, Retail, Security & Safety, Technology
Tagged AI-powered, Drones, IKEA, Ingka, inventory management, Marcus Baumgartner, Parag Parekh, partnership, safety, sustainability, Tommy Niemierowski, Warehouse Operations, well-being
(IN BRIEF) Wolters Kluwer has been named a Leader in the Nucleus Research Supply Chain Planning Technology Value Matrix for the fourth consecutive year. The company’s CCH Tagetik platform is recognized for its integration of supply chain, financial, and operational … Read the full press release
Posted in Artificial Intelligence (AI), Awards, Business, Financial, Industrial, Investment, Management, Netherlands, News, Science, Technology
Tagged AI, Awards, CCH Tagetik Platform, Charles Brennan, innovations, leadership, Nucleus Research Supply Chain Planning (SCP) Technology Value Matrix, Ralf Gärtner, supply chain planning, Wolters Kluwer
(IN BRIEF) Adyen has expanded into India, receiving authorization from the Reserve Bank of India to operate as an Online Payment Aggregator. The expansion includes launching local payment processing capabilities and establishing a technology hub in Bengaluru. Adyen’s platform enables … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Internet & Online, Investment, Management, Netherlands, News, Technology
Tagged Aditya Khullar, Adyen, Bengaluru Tech Hub, INDIA, Indian market, Ingo Uytdehaage, partnership, payment processing, Reserve Bank of India, sustainability
(IN BRIEF) Adyen and BMW Group have expanded their partnership to include point-of-sale (POS) payment solutions at BMW Welt and the BMW Museum in Munich. This extension builds on their successful e-commerce collaboration, ensuring a seamless payment experience for BMW … Read the full press release
Posted in Automotive, Banks, Business, Financial, Germany, Government, Industrial, Internet & Online, Investment, Management, Netherlands, News, Technology
Tagged Adyen, Alexa von Bismarck, BMW Group, BMW Museum, BMW Welt, E-Commerce, Germany, In-Person Payments, Netherland, partnership, sustainability
(IN BRIEF) LANXESS has announced that its disinfectant, Rely+On Virkon, has been proven effective against the Mpox virus, following the WHO’s declaration of an international health emergency due to rising infections in Central and East Africa. The disinfectant is crucial … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Science, Security & Safety, Technology
Tagged central Africa, East Africa, Emergency Alert, LANXESS, Mpox virus, partnership, Rely+On Virkon, Roy van Wel, sustainability, World Health Organization’s (WHO)
(IN BRIEF) Prudential and Google Cloud have partnered to launch an AI Lab in Singapore, focused on developing AI-driven solutions to enhance customer experiences, improve healthcare access, and optimize operations in the insurance sector. The Lab will empower Prudential’s 15,000 … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Government, Healthcare, Industrial, Insurance, Internet & Online, Investment, Management, News, Technology, United Kingdom
Tagged Africa, AI Lab, ASIA, Google Cloud, Healthcare, insurance, partnership, Prudential, Singapore, sustainability, Thomas Kurian
(IN BRIEF) DLG (German Agricultural Society) has implemented Deutsche Telekom’s “transcribbyAI” to provide real-time transcription and translation in over 100 languages at its international trade fairs. This AI-driven tool enhances accessibility, particularly for participants with hearing impairments, and reduces costs … Read the full press release
Posted in Agriculture, Artificial Intelligence (AI), Business, Financial, Germany, Industrial, International Trade, Investment, Management, News, Technology, Telecom
Tagged accessibility, AI-powered, Deutsche Landwirtschafts-Gesellschaft, Deutsche Telekom, German Agricultural Society (DLG), Marcus Vagt, trade fair, transcribbyAI, Transcription Tool, translation
(IN BRIEF) ENGIE has reached Financial Close for the Goorambat East Solar Farm, a 250 MW renewable energy project in northern Victoria. With construction set to begin soon and completion expected by 2026, the solar farm will provide enough electricity … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Australia, ENGIE, expansion, Financial, Goorambat East Solar Farm, Ms. Laura Caspari, partnership, renewable energy, sustainability, Victoria
(IN BRIEF) The European Investment Fund (EIF) has invested €50 million in Nine Realms’ new venture capital fund, Nine Realms Fund I K/S, which aims to raise €200 million to support early-stage companies focused on sustainable supply chain technology. The … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged EIF, Europe, Germany, INNOVATION, Marjut Falkstedt, Nine Realms, partnership, Sune Stilling, supply chain, sustainability
(IN BRIEF) Schroders Capital has secured a £2 billion real estate mandate from the Wales Pension Partnership (WPP), following a previous £500 million private equity mandate. This new mandate will see up to £400 million invested in local initiatives across … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, United Kingdom
Tagged Cllr Elwyn Williams, investment, partnership, Paul Myles, real estate, Schroders, Schroders Capital, Sophie Van Oosterom, sustainability, UK, Wales Pension Partnership
(IN BRIEF) 50Hertz has received approval from the Federal Network Agency (BNetzA) to upgrade the Thuringian section of the 380-kV Mecklar-Vieselbach overhead line by converting it to high-temperature conductors. This decision, issued ahead of schedule, allows 50Hertz to increase the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 50Hertz, Federal Network Agency (BNetzA), High-Temperature Conductors, Mecklar-Vieselbach, partnership, sustainability, Sylvia Borcherding
(IN BRIEF) The Natural Environment Research Council (NERC) has awarded £7.4 million in fellowships to 11 early career researchers, supporting projects in environmental science areas such as sea level rise, coral reef dynamics, and climate prediction. These prestigious fellowships aim … Read the full press release
Posted in Awards, Business, Environment, Financial, Industrial, Investment, Management, Science, Technology, United Kingdom
Tagged Anna-Lena Deppenmeier, Awards, Beatriz Recinos, Chancey MacDonald, Charlotte Spencer-Jones, Elsa Panciroli, environmental science, Evelyn Keaveney, Fellowships, James Keane, leadership, Lewis Jones, Milan Klöwer, NERC, partnership, Professor Louise Heathwaite, Stephen Hicks, sustainability, Swaroop Chakraborty, UK Research & Innovation (UKRI)
(IN BRIEF) IKEA is launching a year-long campaign focused on improving sleep quality, starting with an attempt to break the GUINNESS WORLD RECORDS™ for the largest pyjama gathering in Älmhult, Sweden, on August 28th. The initiative responds to increasing customer … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Management, Marketing, Netherlands, News, Retail, Sweden
Tagged IKEA, Ingka Holding, Pyjama Gathering, Sleep Improvement Campaign, Sweden
(IN BRIEF) PUMA has announced leadership changes to bolster its presence in the GCC and surrounding regions. Johan Kuhlo has been appointed as Managing Director for the GCC, overseeing key markets like the UAE and Saudi Arabia, effective September 1. … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Germany, Government, Industrial, Management, News, Sports, Technology, Turkey
Tagged appointments, Arne Freundt, GCC, Johan Kuhlo, leadership, Middle East, Peter Dangl, PUMA, Taner Seyis, Turkey
(IN BRIEF) E.ON reported strong financial performance in the first half of 2024, achieving an adjusted Group EBITDA of €4.9 billion and an adjusted net income of €1.8 billion, in line with its full-year targets. The company reaffirmed its guidance … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged E.ON, energy transition, Financial, investments, Leonhard Birnbaum, sustainability
(IN BRIEF) RWE has signed two long-term power purchase agreements (PPAs) with Meta to supply clean energy from two solar farms under construction in the U.S., with a combined capacity of 374 megawatts. These solar projects, located in Illinois and … Read the full press release
(IN BRIEF) Rheinmetall has announced plans to acquire Loc Performance Products, LLC, a U.S.-based vehicle specialist, for $950 million. This strategic acquisition aims to strengthen Rheinmetall’s position in the U.S. defense market and expand its production capabilities for military vehicles, … Read the full press release
Posted in Business, Defence, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged acquisition, Armin Papperger, Jason Atkinson, Loc Performance, Matthew Warnick, partnership, Rheinmetall, sustainability, U.S. Defense Operations
(IN BRIEF) ANDRITZ has supplied key equipment for Mondi’s containerboard mill in Kuopio, Finland, as part of an expansion and upgrade project. The delivery includes a new hardwood NSSC production line and an upgraded woodyard, which will increase the mill’s … Read the full press release
Posted in Austria, Business, Chemicals, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, equipment, Finland, Juha Koukka, Mondi, NSSC Production Line, partnership, sustainability, Woodyard Upgrade
(IN BRIEF) ANDRITZ has been contracted to supply the world’s first industrial-scale fiberboard recycling line to Sonae Arauco’s mill in Mangualde, Portugal. This innovative system will recycle end-of-life fiberboards into valuable fibers for new fiberboard production. Sonae Arauco emphasized the … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Technology
Tagged Andritz, Fiberboard Recycling, Michael Frint, partnership, Paulo Pinto De Sousa, PORTUGAL, Sonae Arauco, Steam-Ex technology, sustainability
(IN BRIEF) Moody’s has reaffirmed Outokumpu’s Ba2 corporate family rating with a stable outlook, maintaining the upgrade it made in May 2023 from a previous Ba3 rating. The decision reflects Moody’s recognition of Outokumpu’s strong financial position and successful profit … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Marc-Simon Schaar, Moody, Outokumpu
(IN BRIEF) Experian has acquired NeuroID, enhancing its fraud prevention capabilities with advanced behavioral analytics. This acquisition allows Experian to integrate NeuroID’s technology into its CrossCore® platform, offering clients deeper insights into digital behaviors to better detect and prevent fraud. … Read the full press release
(IN BRIEF) Nadiadwala Grandson Entertainment (NGE) and Banijay Asia have announced a strategic collaboration to produce original series, films, and adaptations of international hits, aiming to bring a new wave of premium content to Indian audiences. The partnership, driven by … Read the full press release
(IN BRIEF) Rolls-Royce and Yuchai Diesel are expanding their joint venture, MTU Yuchai Power, to increase production of Rolls-Royce’s mtu engines in China. The expansion will include more variants of the mtu Series 2000 and 4000 engines, with plans to … Read the full press release
(IN BRIEF) Rolls-Royce has been awarded a contract to supply its Mission Bay Handling System (MBHS) for the UK Royal Navy’s Type 26 City-class frigates. The contract, in partnership with BAE Systems, includes the production of five MBHS units at … Read the full press release
(IN BRIEF) Bosch Engineering has introduced its innovative tram assist suite, a comprehensive driver assistance system designed to improve safety and reduce operational disruptions in urban rail systems. The suite includes features such as forward, near range, flank, and focus … Read the full press release
(IN BRIEF) NatWest has completed a £1.1 billion securitisation deal, backed by Nuveen Infrastructure and Christofferson Robb & Company, to increase its lending capacity in the renewable energy sector. The transaction, which provides credit protection for a portfolio of around … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Alberto Abascal, Christofferson Robb & Company, Claudio Vescovo, David Fitoussi, lending, NatWest, Nuveen Infrastructure, partnership, renewable energy, sustainability
(IN BRIEF) We have introduced Generative AI to our Ask Archie chatbot, improving how it answers employee HR queries by delivering more targeted responses and providing easier access to relevant information. This upgrade enables human agents to focus on more … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged Archie Chatbot, Employee Support, generative AI, Graham Smith, NatWest
(IN BRIEF) Hella Gutmann has expanded its Cyber Security Management (CSM) feature within the mega macs diagnostic software to include the latest BMW vehicles, eliminating the need for workshops to register through OE portals. With this update, CSM now supports … Read the full press release
(IN BRIEF) SISTO Armaturen S.A., part of the KSB Group, has developed the SISTO-CM1300, an automated multi-port valve designed to optimize pharmaceutical production processes. This valve automates the switching of fluids in cleaning and sterilization processes, reducing the risk of … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Pharma & Biotech, Technology
Tagged KSB, Luxembourg, Multi-Port Valve, partnership, Pharmaceutical Production, SISTO Armaturen S.A., sustainability
(IN BRIEF) HENSOLDT has received a new order from the Bundeswehr for its “Dynahawk” fire control sights, which will enhance the accuracy and operational capability of anti-tank weapons. The contract, worth several million euros, includes deliveries through 2025, with an … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged 'Dynahawk' Fire Control Sights, Bundeswehr Capabilities, Hensoldt, Josef Reif
(IN BRIEF) Trane Technologies has launched Season 4 of its Healthy Spaces Podcast, focusing on how climate technology is transforming living and working environments. Hosted by Dominique Silva, Scott Tew, and Oakley Roberts, the podcast features industry experts discussing topics … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Ireland, Management, Marketing, Media, News, Technology
Tagged Ashley Ward, Avipsa Mahapatra, Betsey Strobl, Bob Irvin, Byron Auguste, Dominique Silva, Future of Climate Tech, Healthy Spaces Podcast, Oakley Roberts, Riaz Raihan, Ryan Rutledge, Scott Tew, Season 4, Steve Westly, sustainability, Trane Technologies
(IN BRIEF) HOCHTIEF PPP Solutions GmbH has been awarded a significant infrastructure maintenance contract by North Lanarkshire Council in Scotland, worth at least EUR 190 million. The contract, which covers road maintenance, bridge repairs, and other critical infrastructure services, will … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, United Kingdom
Tagged ACS, Andreas Hoppe, Councillor Helen Loughran, HOCHTIEF, infrastructure, North Lanarkshire, partnership, Peter Coenen, Scotland, sustainability
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