Daily Archives: 30, September 2024

Thorn and Zumtobel Illuminate SAP Garden, Enhancing Sports and Event Experience in Munich

(IN BRIEF) Thorn and Zumtobel have partnered with Red Bull Stadion GmbH to provide cutting-edge lighting solutions for the newly completed SAP Garden in Munich’s Olympic Park. The sports venue, designed by Danish architects 3XN, features a dynamic façade and … Read the full press release

Stellantis Revises 2024 Financial Forecast Amid North American Struggles and Global Market Challenges

(IN BRIEF) Stellantis has revised its 2024 financial guidance due to significant performance challenges in North America and a global market slowdown. The company plans to cut North American vehicle shipments by over 200,000 in the second half of 2024 … Read the full press release

Leapmotor and Stellantis Open European Orders for Affordable Electric City Car and SUV, Expanding Global Reach

(IN BRIEF) Leapmotor International has begun accepting orders in Europe for its affordable electric vehicles, the T03 city car and the C10 SUV, as part of its joint venture with Stellantis. This move aims to provide high-tech, cost-efficient electric mobility … Read the full press release

AFRY to Lead Renewable Power Design for Australia’s Landmark Green Ammonia Project

(IN BRIEF) Allied Green Ammonia (AGA) has appointed AFRY as the Owner’s Engineer for its flagship green ammonia project in Australia’s Northern Territory. The project will use 100% renewable energy, combining 4.75 GW of solar power and battery energy storage … Read the full press release

Viettel Expands Ericsson Partnership with Major 5G Rollout Across Vietnam, Strengthening Digital Innovation

(IN BRIEF) Viettel, Vietnam’s leading telecom company, has expanded its partnership with Ericsson through a new contract for nationwide 5G deployment. Under the agreement, Ericsson will lead the rollout of Viettel’s 5G Radio Access Network (RAN), covering key regions such … Read the full press release

SSAB and Smith Stål Team Up to Bring Fossil-Free Steel to Norway’s Growing Green Market

(IN BRIEF) SSAB and Smith Stål have entered into a collaboration to bring fossil-free steel to the Norwegian market. Smith Stål, one of Norway’s leading steel distributors, will begin offering SSAB’s eco-friendly steel, including SSAB Zero™ and SSAB Fossil-free™ steel. … Read the full press release

Henkel and Panverta Revolutionize Sustainable Packaging with Enhanced Oxygen Barrier Technology

(IN BRIEF) Henkel Adhesive Technologies and Panverta CPP have collaborated to create sustainable packaging solutions for dry foods, improving oxygen barrier performance and reducing the number of packaging layers. By enhancing the oxygen barrier of metallized cast polypropylene (CPP) and … Read the full press release

Early Immune System Signals May Hold the Key to Diagnosing and Preventing Multiple Sclerosis

(IN BRIEF) Researchers from LMU have discovered that CD8-positive T cells, a type of immune cell, play a crucial role in the early stages of multiple sclerosis (MS). By studying identical twins, where one twin has MS and the other … Read the full press release

University of Helsinki Strengthens Research Ties with Yonsei University, Eyes Expanded Collaboration in South Korea

(IN BRIEF) The University of Helsinki has entered into a partnership with South Korea’s Yonsei University through a newly signed Memorandum of Understanding (MoU). This agreement aims to foster research collaboration and is a key step in Helsinki’s broader strategy … Read the full press release

Tvärminne Academy Enhances Cold-Water Scientific Diving with New Funding to Train Researchers

(IN BRIEF) The University of Helsinki’s Tvärminne Zoological Station operates the Finnish Scientific Diving Academy (FSDA), which specializes in training researchers to conduct scientific diving in extreme environments, such as polar regions impacted by climate change. The academy received an … Read the full press release

Alma Media Divests Majority Stake in Kotikokki Net Oy

(IN BRIEF) Alma Media has sold its 65% stake in Kotikokki Net Oy to Rohea Oy, which already owned a minority share of the company. The sale will be finalized on October 1, 2024. Kotikokki.net is a popular Finnish recipe-sharing … Read the full press release

Alma News Media Plans to Discontinue Print Titles and Shift Focus to Digital, Initiates Restructuring

(IN BRIEF) Alma News Media has announced plans to accelerate its digital growth strategy, which could lead to the discontinuation of three print publications: Kauppalehti Optio, Fakta, and Mediuutiset. As part of this shift, the company has initiated change negotiations … Read the full press release

MacGregor Secures Contract to Equip 12 Car and Truck Carriers for CIDO Shipping with Advanced Cargo Solutions

(IN BRIEF) MacGregor, a division of Cargotec, has secured a contract to supply cargo access equipment for 12 Pure Car and Truck Carriers (PCTCs) being built for CIDO Shipping at China Merchants Heavy Industry (Jiangsu) Co., Ltd. The deal includes … Read the full press release

Schmalz Unveils 2-in-1 VCBL-R and VCBL-N Vacuum Blocks for Flexible CNC Wood Processing

(IN BRIEF) Schmalz has introduced the VCBL-R and VCBL-N vacuum blocks, a versatile 2-in-1 solution for CNC wood processing. These vacuum blocks allow for quick setup on both nesting and grid tables, making them adaptable for a variety of woodworking … Read the full press release

Digi Communications N.V. confirms the full redemption of €450,000,000 Senior Secured Notes

(IN BRIEF) On 30 September 2024, Digi Communications N.V. announced the full redemption of its €450,000,000 Senior Secured Notes due in 2025, issued by its Romanian subsidiary, Digi Romania S.A. This follows a prior notice of redemption published on 16 … Read the full press release

QC Scanner MS 2920 Relaunch Brings Advanced Automation and Efficiency to Salmon Fillet Processing

(IN BRIEF) The newly upgraded QC Scanner MS 2920 is a cutting-edge solution for the salmon processing industry, offering enhanced precision, automation, and efficiency. The scanner provides real-time quality inspection of salmon fillets, identifying defects such as dark spots and … Read the full press release

Webuild’s Largest Tunnel Boring Machine Begins Salerno-Reggio Calabria Rail Project, Pioneering New Innovations in Sustainable Infrastructure

(IN BRIEF) Webuild has received its largest Tunnel Boring Machine (TBM) in Europe to work on the Salerno-Reggio Calabria High-Speed Rail Line. The 13-meter wide machine, equipped with 18 motors and 10 Megawatts of power, will excavate tunnels for Lot … Read the full press release