(IN BRIEF) The European Investment Fund (EIF) has partnered with Arion Bank to provide up to €100 million in new lending to around 40 small and medium-sized enterprises (SMEs) and Small Mid-Caps in Iceland. Backed by the European Commission’s InvestEU … Read the full press release
(IN BRIEF) Shell and TenneT have signed an agreement to connect Shell’s Holland Hydrogen 1, Europe’s first large-scale hydrogen plant, to the high-voltage grid. The 200 MW electrolyser on the Maasvlakte will initially have a temporary connection to the 380 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics
Tagged Boudewijn Siemons, Frans Everts, high-voltage grid, Holland Hydrogen 1, Maarten Abbenhuis, partnership, port of Rotterdam, Shell, sustainability, Tennet
(IN BRIEF) Swissport International AG has appointed former Kuehne+Nagel CEO Detlef Trefzger as a Non-Executive Director to its Board of Directors. Trefzger, who brings extensive industry expertise from his leadership roles at Kuehne+Nagel and DB Schenker, will support Swissport’s global … Read the full press release
(IN BRIEF) Metso has signed a contract with Beijing Shougang International Engineering Technology Co. Ltd (BSIET) to deliver a compact traveling grate pelletizing plant for Ruifeng Iron and Steel Group in Hebei, China. The plant, with a 1.7 million tons … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Management, Metals and Minerals, News, Technology
Tagged Beijing Shougang International Engineering Technology Co. Ltd (BSIET), CHINA, Iron Ore Pelletizing Plant, Matthias Gabriel, Metso, partnership, Ruifeng, sustainability
(IN BRIEF) SolarLab, a Danish company specializing in solar facades for buildings, has secured a EUR 1.6 million loan from Nefco to increase production and expand into the U.S. market. The funds will be used to relocate all production to … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Denmark, NEFCO, partnership, Peter Melchior, SolarLab, sustainability, Søren Berg Rasmussen, U.S.
(IN BRIEF) NORMA Group has successfully won a patent infringement case against Chinese competitor Suzhou Shengnuo Connection Technology Co. Ltd. The Supreme People’s Court in Beijing ruled that Shengnuo’s product infringed on NORMA Group’s patented worm-drive hose clamp technology, known … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology
Tagged CHINA, Dr. Gerrit von Breitenbach, Guido Grandi, Innovative Hose Clamp Technology, Norma Group, patent, SECURITY, Suzhou Shengnuo Connection Technology Co. Ltd.
(IN BRIEF) The EY DNA of the Financial Controller Report reveals that 86% of financial controllers expect their roles to change drastically by 2030, with a shift toward value creation and supporting business growth. Many controllers anticipate the need for … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged EY, Financial Controller, INNOVATION, Myles Corson
(IN BRIEF) Vattenfall has appointed Johan Dasht as the new Senior Vice President of its Business Area Generation, effective November 1. Dasht, currently leading the company’s hydro operations in the Nordics, will oversee Vattenfall’s hydro and nuclear power divisions. He … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Sweden
Tagged Anna Borg, appointment, Business Area Generation, Johan Dasht, leadership, Senior Vice President, Torbjörn Wahlborg, Vattenfall
(IN BRIEF) The Métropole Européenne de Lille has secured a €245 million green loan from the European Investment Bank (EIB) to modernize its urban transport system, alongside a €31.5 million grant from the European Commission. This joint financing will support … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged Damien Castelain, EIB, European Commission, France, Métropole Européenne de Lille, Mobility Initiative, partnership, sustainability, TRANSPORT
(IN BRIEF) Perovskia Solar, an Empa spin-off, has secured over two million Swiss francs in seed funding and signed contracts with more than ten major IoT companies. Specializing in custom-printed perovskite solar cells, the company aims to provide sustainable energy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Internet & Online, Investment, Management, News, Science, Switzerland, Technology
Tagged Anand Verma, Beda Rohner, Empa, IoT Sector, Nils Hagander, Perovskia Solar, solar technology
(IN BRIEF) Hydro and Mercedes-Benz have launched the “Corridor” program at Climate Week 2024 in New York, aimed at fostering sustainable development in the Brazilian Amazon. This long-term initiative will promote positive impacts for local communities and nature through partnerships … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Media, Metals and Minerals, News, Norway, Technology
Tagged Amazon Sustainability, Eivind Kallevik, Gunnar Güthenke, Hydro, Mercedes-Benz, partnership, sustainability
(IN BRIEF) Eviden has been selected by the Luxembourg National Railway Company (CFL) to implement next-generation critical communication solutions to upgrade its GSM-R command and control network, enhancing safety and operational efficiency. The project, expected to be operational by late … Read the full press release
Posted in Business, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology, Telecom, Transportation & Logistics
Tagged Eviden, Germany, Lionel Toullier, Luxembourg National Railway Company (CFL), Mathieu Perrus, partnership, Railway Communication Systems, safety, sustainability
(IN BRIEF) Eviden, part of the Atos Group, has won a contract from RATP to equip its MP14 and new MF19 metro trains and TW20 tramways with TETRA radio communication systems. This agreement includes the supply of 132 radio units, … Read the full press release
(IN BRIEF) Schroders Solutions has been selected to implement a £3.8 billion equity protection strategy for the Merseyside Pension Fund. This collaboration, part of the Northern LGPS framework, aims to safeguard the fund’s equity portfolios from market downturns ahead of … Read the full press release
(IN BRIEF) The commercialization of autonomous buses and roboshuttles has faced delays, with progress falling short of expectations from 2022 to 2024. While these technologies promise cost savings and reduced labor pressures for operators, the number of active companies in … Read the full press release
Posted in Government, Technology, Transportation & Logistics, United Kingdom
Tagged Automated Vehicle Act, Autonomous Buses, autonomous vehicle, Autonomous Vehicles, buses, IDTechEx, market intelligence, market report, public transport, public transport revolution, RESEARCH, Roboshuttles, robotaxi, Transport Policy
(IN BRIEF) DNV has awarded Hanwha Ocean Type Approval Design Certification (TADC) for its innovative rotor sail technology, marking it as the first rotor sail certified for use in hazardous zones in South Korea. The certification confirms that the rotor … Read the full press release
Posted in Awards, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Norway, Security & Safety, Technology, Transportation & Logistics
Tagged Awards, DNV, Hanwha Ocean, Hazardous Zone Installation, Rotor Sail Technology, safety, South Korea, sustainability, Type Approval Design Certification (TADC), Vidar Dolonen, Young-Chang Son
(IN BRIEF) BNP Paribas has signed an agreement to acquire HSBC’s private banking operations in Germany, aiming to enhance its wealth management services and increase its assets under management to over €40 billion. This strategic acquisition targets growth within the … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Germany, Government, Industrial, Investment, Management, News
Tagged acquisition, BNP Paribas, Germany, HSBC, Lutz Diederichs, partnership, Private Banking Division, Vincent Lecomte, wealth management
(IN BRIEF) Ahold Delhaize has repurchased 250,000 common shares between September 16 and September 20, 2024, at an average price of €30.85, totaling €7.7 million. This buyback is part of a larger €1 billion program announced in November 2023. To … Read the full press release
Posted in Business, Economy, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail
Tagged Ahold Delhaize, Financial, investment, Shares Buyback Program
(IN BRIEF) Energiekontor AG and Salzgitter Flachstahl GmbH have signed long-term power purchase agreements (PPAs) for two solar park projects in Mecklenburg-Western Pomerania. Energiekontor will supply Salzgitter with over 120 gigawatt-hours of green electricity annually, aiming to cut CO2 emissions … Read the full press release
(IN BRIEF) Knorr-Bremse AG has successfully issued a dual-tranche bond totaling 1.1 billion Euro, marking its first Green Bond of 500 million Euro aimed at financing eligible green projects. The remaining 600 million Euro bond has a five-year maturity and … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Financial, Frank Markus Weber, investment, Knorr-Bremse AG, sustainability
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