Daily Archives: 20, September 2024

Continental Wins ETM Award 2024 for Excellence in Commercial Vehicle Tires

(IN BRIEF) Continental has won the ETM Award 2024 in the “Tires” category, based on a readers’ poll by ETM, recognizing its excellence in commercial vehicle tires. The award highlights Continental’s innovative Generation 5 tire line, which enhances fuel efficiency, … Read the full press release

Continental Unveils Hydraulic Bushings That Cut Train Maintenance Costs and Improve Passenger Comfort

(IN BRIEF) Continental has developed a new generation of hydraulic wheelset guiding bushings for trains, offering improved adaptability to track conditions, which enhances passenger comfort and extends the lifespan of critical components. These bushings can be retrofitted without requiring modifications … Read the full press release

Red Sea Expedition Inspires Students to Research Plastic Pollution, Present Findings at MICRO 2024

(IN BRIEF) A field trip to the Red Sea has inspired three SAMS undergraduate students to investigate plastic pollution, which they will present at the MICRO 2024 conference. Their research focuses on plastic waste in Red Sea mangroves and Scottish … Read the full press release

Rheinmetall and MBDA Extend Collaboration in Laser Weapons Technology

(IN BRIEF) Rheinmetall and MBDA Deutschland have renewed their partnership to continue developing laser weapon systems, with plans to launch a maritime-focused drone defense product within five to six years. The collaboration follows successful trials aboard the German Navy’s frigate … Read the full press release

Renewable Energy Veteran Heiko Wuttke to Lead PNE AG as New CEO Starting January 2025

(IN BRIEF) PNE AG has appointed Heiko Wuttke as its new CEO, effective 13 January 2025. Wuttke, with nearly 30 years of experience in renewable energy, will replace Markus Lesser, who stepped down in July 2024. Interim CEO Per Hornung … Read the full press release

Key Changes to ATX Indices: Mayr-Melnhof and Wienerberger Join Global Players, AUSTRIACARD Boosts Family Index

(IN BRIEF) Mayr-Melnhof Karton AG and Wienerberger AG will join the ATX Global Players index, replacing BAWAG Group AG after a turnover review. The ATX Global Players index consists of companies generating over 20% of revenue outside Europe, currently featuring … Read the full press release

GT Talent Group Raises €1.5 Million in IPO, Debuts on Euronext Growth Milan with €5.2 Million Market Cap

(IN BRIEF) GT Talent Group, a sports entertainment company specializing in supercar driving experiences and motorsport talent shows, has successfully listed on Euronext Growth Milan. This marks the 16th listing on the Milan market and the 36th on Euronext this … Read the full press release

Ingka Centres Expands Global Footprint with Acquisition of Munich’s Iconic Pasing Arcaden Shopping Center

(IN BRIEF) Ingka Centres, part of the Ingka Group, has signed a purchase agreement to acquire Pasing Arcaden, a popular shopping center in Munich, Germany. The deal, expected to close by Q4 2024, will mark Ingka Centres’ return to Germany … Read the full press release

Cinemark Selects Adyen to Enhance Payment Experience Across 300+ U.S. Theaters

(IN BRIEF) Adyen has been selected as the exclusive payments platform for Cinemark, a major U.S. movie theater chain with over 300 locations. This partnership will streamline payments across various channels, including Cinemark’s website, mobile app, box offices, kiosks, and … Read the full press release

Nagarro Strengthens Data and AI Leadership with Select Partner Status in Databricks Program

(IN BRIEF) Nagarro has achieved Select Partner status in the Databricks Partner Program, emphasizing its expertise in data-driven innovation and AI-powered transformation. The recognition highlights Nagarro’s ability to help businesses, especially in sectors like manufacturing, retail, and healthcare, harness data … Read the full press release

PRK Peter Rieger Konzertagentur and DreamHaus Merge to Form PRK DreamHaus, Strengthening Live Entertainment Presence

(IN BRIEF) PRK Peter Rieger Konzertagentur and DreamHaus, both subsidiaries of CTS EVENTIM, have merged to form PRK DreamHaus. The newly created company will be jointly led by Klaus-Peter (Matze) Matziol and Matt Schwarz, with Tobi Habla joining as an … Read the full press release

Commerzbank and Crypto Finance Partner to Provide Secure Crypto Asset Services for Corporate Clients in Germany

(IN BRIEF) Commerzbank has partnered with Crypto Finance, a subsidiary of Deutsche Börse, to offer secure access to digital assets, specifically bitcoin and ether, for its corporate clients in Germany. Commerzbank will handle crypto asset custody, while Crypto Finance manages … Read the full press release

Bilfinger to Integrate Third Electrolysis Plant for RWE’s Expanding Green Hydrogen Project in Lingen

(IN BRIEF) RWE is expanding its green hydrogen production facility in Lingen, Germany, by adding a third 100 MW electrolysis plant as part of a larger 300 MW project. Bilfinger has been selected to integrate the new plant, handling engineering … Read the full press release

FORVIA HELLA Launches First RGB LED Rear Lamp with Dynamic Light Animations for Geely’s LYNK & CO Z10

(IN BRIEF) FORVIA HELLA has introduced its first RGB LED rear combination lamp with full-color light animations, now in mass production in China. The lamp, featured in the new LYNK & CO Z10 electric sedan by Geely Auto Group, offers … Read the full press release

Ukrainian Innovators Thrive with Green Solutions Amidst War, Supported by EBRD and EU

(IN BRIEF) Ukrainian companies are leading green innovation despite the challenges of war, with support from the EBRD, EU, and Greencubator through the Climate Innovation Vouchers programme. Pipes.one has developed a mobile factory that reduces emissions and costs by producing … Read the full press release

VTTI Raises $1.7 Billion to Drive Growth and Sustainability Initiatives by 2028

(IN BRIEF) VTTI has secured $1.7 billion in financing through a mix of US Private Placement Notes, Bank Term Loans, and a Revolving Credit Facility to support its growth and sustainability goals. This refinancing will help VTTI diversify its capital … Read the full press release

Scania Launches ProDriver: A Digital Coaching Service Created for Drivers, by Drivers

(IN BRIEF) Scania has introduced ProDriver, a digital coaching service designed to help professional drivers improve fuel efficiency and adopt sustainable driving habits. The service, which offers potential fuel savings of up to 5%, is accessible via the Scania Driver … Read the full press release

Scania Launches Modular Service Portfolio Across Europe, Enhancing Fleet Support for International Operators

(IN BRIEF) Scania has introduced a new modular service portfolio, Services 360, which allows fleet owners across Europe to access consistent, customized service solutions. This initiative caters to the growing needs of international customers with vehicles operating across borders. The … Read the full press release

ING Accelerates Climate Action with Focus on Client Engagement and Sustainable Financing

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

(IN BRIEF) ING’s 2024 Climate Progress Update outlines the bank’s enhanced efforts to help clients transition to a low-carbon economy. The report highlights ING’s Terra approach, which focuses on guiding carbon-intensive sectors toward climate goals. ING assessed the sustainability disclosures … Read the full press release