Daily Archives: 17, September 2024

Eviden Secures Multi-Million Euro Contract to Boost Berzelius Supercomputer’s AI Performance at Linkoping University

(IN BRIEF) Eviden, part of the Atos Group, has secured a multi-million euro, four-year contract to enhance the Berzelius supercomputer at Linkoping University, Sweden. The upgrade will add 512 PetaFlops of FP8 AI performance through the integration of 16 NVIDIA … Read the full press release

Rheinmetall Defence UK Signs Armed Forces Covenant to Strengthen Support for Military Personnel and Veterans

(IN BRIEF) Rheinmetall Defence UK has signed the Armed Forces Covenant, pledging its support for active service members, veterans, Reservists, and their families. This commitment includes providing paid leave for Reservists, supporting Armed Forces charities, and fostering an inclusive workplace … Read the full press release

SEB Restructures to Drive Strategic Growth, Strengthen Customer Focus, and Boost Innovation

(IN BRIEF) SEB is restructuring its organization to align with its long-term strategic goals, effective January 1, 2025. The changes include consolidating wealth and asset management into a single division, creating a new Chief Operating Officer (COO) role, and renaming … Read the full press release

Alfa Laval Secures Major Contract for Ballast Water Management System Replacements, Signaling Rising Demand for Reliable Retrofit Solutions

(IN BRIEF) Alfa Laval has won a major contract to replace 18 ballast water management systems (BWMS) on vessels owned by a leading European shipowner. The deal highlights growing demand for reliable BWMS replacements due to stricter regulations and the … Read the full press release

Evonik Advances Tire Recycling with Breakthrough Process to Increase Recycled Rubber Use

(IN BRIEF) Evonik has developed a breakthrough process that allows up to four times more recycled rubber to be used in new tire production. Traditionally, only 5% of recycled rubber could be reused due to the vulcanization process, which makes … Read the full press release

Evonik Leverages Electrodialysis to Boost Sustainability and Resource Efficiency in Chemical Industry

(IN BRIEF) Evonik is advancing its green transformation by expanding the use of electrodialysis, a process that converts salts from chemical processes into valuable raw materials like caustic soda and sulfuric acid. This technology aims to reduce energy consumption, raw … Read the full press release

Evonik Unveils Advanced Skin Microbiome Model to Revolutionize Cosmetics Testing

(IN BRIEF) Evonik has developed a groundbreaking model of the skin microbiome that allows for realistic, scientifically validated testing of how cosmetic ingredients impact the skin’s microbial communities. This model recreates the complex interactions between microbes, providing more accurate insights … Read the full press release

Evonik Unveils Bold Innovation Strategy to Drive €1.5 Billion Growth Through Sustainability

(IN BRIEF) Evonik has launched a new innovation strategy aimed at generating €1.5 billion in additional sales by 2032. The strategy focuses on three key areas: bio-based solutions, the energy transition, and the circular economy. These initiatives will help drive … Read the full press release

ING Repurchases 3,282,664 Shares in Ongoing €2.5 Billion Buyback Program

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has repurchased 3.28 million shares between September 9 and 13, 2024, as part of its €2.5 billion share buyback programme, at an average price of €16.20 per share, totaling €53.17 million. To date, ING has repurchased 134.31 … Read the full press release

Astor Asset Management 3 Ltd leitet Untersuchung für potenzielle Sammelklage gegen Ricardo Benjamín Salinas Pliego von Grupo ELEKTRA wegen Marktmanipulation und Wertpapierbetrug ein

  (IN KÜRZE) Astor Asset Management 3 Ltd untersucht zusammen mit seinem globalen Rechtsbeistand die Bildung einer Investorengruppe für eine potenzielle Sammelklage gegen Ricardo Benjamín Salinas Pliego und Grupo Elektra, S.A.B. de C.V. (ELEKTRA). Im Fokus der Untersuchung stehen mögliche … Read the full press release

Euronext Expands Clearing Operations Across All Derivatives Markets, Strengthening European Market Leadership

(IN BRIEF) Euronext has successfully expanded its clearing operations to all its financial derivatives markets, completing its migration from LCH SA to Euronext Clearing. This achievement marks the final step in Euronext’s integration of the Borsa Italiana Group and supports … Read the full press release

Euronext Acquires Substantive Research to Enhance Market Data and Research Benchmarking Services

(IN BRIEF) Euronext has acquired Substantive Research, a leading provider of market data and investment research benchmarking services, to strengthen its investor services. Substantive Research, serving over 100 global clients, will be integrated with Euronext’s subsidiary Commcise, offering enhanced market … Read the full press release

Logicor Begins Sustainable Redevelopment of Langenfeld Property, Targeting BREEAM Certification

(IN BRIEF) Logicor has initiated the redevelopment of a 34,600 m² site in Langenfeld, Germany, transforming an outdated logistics facility into a modern, sustainable corporate property. The new 21,100 m² building will be divided into four units and is designed … Read the full press release

EU Boosts Moldova’s Forestry and Railway Infrastructure with €212 Million Investment

(IN BRIEF) The European Union has announced two key investments to support Moldova’s development: a €200 million loan from the European Investment Bank (EIB) for forest expansion and a €12 million EU grant to upgrade the country’s railway infrastructure. The … Read the full press release

Ahold Delhaize Repurchased 250,000 Shares as Part of €1 Billion Buyback Program

(IN BRIEF) Ahold Delhaize repurchased 250,000 shares between September 9 and 13, 2024, at an average price of €30.97 per share, totaling €7.7 million. This is part of their €1 billion share buyback program, with 26.49 million shares repurchased so … Read the full press release

Daimler Truck Financial Services Launches Comprehensive Support for eActros 600 and Electric Fleet Transition

(IN BRIEF) Daimler Truck Financial Services (DTFS) has introduced integrated service packages for the Mercedes-Benz eActros 600 at the 2024 IAA in Hanover, aimed at making the switch to electric transport easier for customers. These packages include flexible financing, leasing, … Read the full press release

Mercedes-Benz eActros 600 Named “International Truck of the Year 2025” for Long-Distance Innovation

(IN BRIEF) The Mercedes-Benz eActros 600 has been named “International Truck of the Year 2025” by commercial vehicle journalists from 24 European countries. The electric truck was praised for its advanced aerodynamics, powerful drivetrain, and a range of 500 kilometers … Read the full press release

Mercedes-Benz eCitaro G Wins ‘Electric Bus Champion 2024’ Award for Top Performance and Innovation

(IN BRIEF) The Mercedes-Benz eCitaro G has been named “Electric Bus Champion 2024” at IAA Transportation in Hanover after winning a comprehensive comparison test organized by Omnibusspiegel. The articulated bus excelled in categories such as passenger comfort, driver handling, build … Read the full press release

Bilfinger Tapped to Lead Construction of Key Fertilizer Plant, Powering Egypt’s Chemical Growth

(IN BRIEF) Bilfinger has been awarded a significant Project Management and Consultancy contract by Egyptian Chemical Industries (KIMA) to manage the construction of a new chemical and fertilizer plant in Aswan, Egypt. The facility will produce 600 tons of nitric … Read the full press release

GEA Launches New Valve Technology to Enhance Safety in Spray Drying Operations

(IN BRIEF) GEA has introduced its CONTA dual block valve technology, designed to improve safety and efficiency in spray drying processes for the food and dairy industries. The new system reduces areas where feed can accumulate by 96%, lowering microbiological … Read the full press release