Monthly Archives: October 2024

Roche Secures CE Certification for Groundbreaking Companion Diagnostic Aiding Gastric Cancer Treatment

(IN BRIEF) Roche has announced the CE certification of its VENTANA CLDN18 (43-14A) RxDx Assay, marking a significant advancement in companion diagnostics for patients with gastric and gastroesophageal junction (GEJ) adenocarcinoma. This diagnostic tool enables clinicians to identify patients who … Read the full press release

INEOS Energy Launches Electric-Driven Compressor for Enhanced Breagh Gas Field Production

(IN BRIEF) INEOS Energy has successfully launched an electric-driven compressor at the Teesside Gas Processing Plant, significantly boosting gas flows from the Breagh Gas Field. This advancement is crucial for ensuring a stable domestic gas supply for UK homes and … Read the full press release

Thyssenkrupp and TITAN Group Collaborate on Major Carbon Capture Project in Greece

(IN BRIEF) Thyssenkrupp has partnered with TITAN Group to advance one of Europe’s largest carbon capture initiatives, the IFESTOS project, which focuses on modernizing the Kamari cement plant in Greece. The collaboration will integrate advanced oxyfuel technology, enabling the facility … Read the full press release

Heathrow Airport Welcomes NFL Teams for London Games Celebration

(IN BRIEF) Heathrow Airport is gearing up to host NFL teams and fans as they arrive in the UK for the much-anticipated 2024 NFL London Games. To mark this occasion, the airport is unveiling its own “gameday stats” and honoring … Read the full press release

ABP and Sarens Collaborate to Propel Floating Offshore Wind Development at Port Talbot

(IN BRIEF) Associated British Ports (ABP) has entered a strategic partnership with Sarens, a leader in heavy lifting and engineering transport, to promote the implementation of Floating Offshore Wind (FLOW) technology in the Celtic Sea. This collaboration aims to utilize … Read the full press release

Integrated Wind Solutions Partners with NIB to Drive Offshore Wind Innovation Toward Net Zero

(IN BRIEF) Integrated Wind Solutions (IWS), a Norway-based company focused on the offshore wind industry, is advancing its commitment to renewable energy through a comprehensive range of services that support the entire lifecycle of offshore wind farms. Established in 2020 … Read the full press release

NIB Revamps Environmental Bond Framework to Propel Low-Carbon Initiatives

(IN BRIEF) NIB has announced its updated Environmental Bond Framework, along with a new Climate Strategy and Sustainability Policy, all aimed at promoting a low-carbon future. The bank received a “Dark Green” Second Opinion from S&P Global Ratings, affirming its … Read the full press release

NIB Supports FinVector’s New Gene Therapy Facility in Kuopio to Enhance Cancer Treatment Capabilities

(IN BRIEF) FinVector, a leading biopharmaceutical company, has inaugurated a cutting-edge production facility in Kuopio, Finland, aimed at manufacturing gene therapy products. The new Finport facility, which is set to become one of the world’s largest for such therapies, represents … Read the full press release

CapMan Infra Expands Investment in Hamina’s Energy Infrastructure

(IN BRIEF) CapMan Infra has announced a significant investment in Hamina, Finland, through its CapMan Nordic Infrastructure II fund, acquiring full ownership of Haminan Kaukolämpö Oy and Haminan Sähköverkko Oy from Haminan Energia. This acquisition aims to enhance the utilization … Read the full press release

The Road to Sustainable Electric Motors for EVs: IDTechEx Analyzes Key Factors

(IN BRIEF) Electric vehicles (EVs) are essential for decarbonizing the transport sector, yet concerns regarding the sustainability of materials used in their electric motors persist. A recent IDTechEx report predicts a demand for over 160 million electric motors annually by … Read the full press release

Expert Panel Formed by Russell Group to Guide Universities in Advancing UK Industrial Strategy

(IN BRIEF) The Russell Group has established an expert advisory panel to enhance the role of UK research-intensive universities in supporting the government’s Industrial Strategy. This initiative aims to maximize the contribution of universities to economic growth and public service … Read the full press release

EY Survey Reveals CFOs and Tax Executives Embrace Generative AI as Key to Overcoming Financial Challenges

(IN BRIEF) A recent EY survey indicates that CFOs and tax leaders are increasingly optimistic about generative AI (GenAI), with 87% believing it will enhance efficiency in the tax and finance sectors. Cost pressures have emerged as the top concern … Read the full press release

EY Reveals 2024 Entrepreneurial Winning Women Class, Celebrating 70 Visionary Founders Across EMEIA

(IN BRIEF) EY has announced its 2024 class of the Entrepreneurial Winning Women program, highlighting 70 women founders from various sectors and 23 countries. This initiative aims to empower established women entrepreneurs by providing them with resources and mentorship. The … Read the full press release

Hive and Zapmap Collaborate to Simplify Electric Vehicle Charging with New Customer Incentives

(IN BRIEF) Hive has partnered with Zapmap, the leading UK electric vehicle (EV) public charging service, to enhance charging accessibility for EV drivers. Starting next year, new Hive EV customers will receive £20 in charging credits for use at Zap-Pay … Read the full press release

Loughborough University’s Vicky Goosey-Tolfrey Honored as Outstanding Woman in STEM at East Midlands Women’s Awards

(IN BRIEF) Professor Vicky Goosey-Tolfrey of Loughborough University has been awarded the Outstanding Woman in STEM at the East Midlands Women’s Awards (EMWA) for her significant contributions to the fields of science, technology, engineering, and mathematics, particularly within applied disability … Read the full press release

EIB and Committee of the Regions Reinforce Partnership to Drive Economic Growth and Social Infrastructure in Europe

(IN BRIEF) During a recent plenary session, the Committee of the Regions and the European Investment Bank (EIB) renewed their commitment to fostering economic cohesion across the EU, focusing on both urban and rural areas. EIB President Nadia Calviño emphasized … Read the full press release

EIB and IKB Join Forces to Unlock €400 Million in Sustainable Financing for Germany’s Mid-Cap Companies

(IN BRIEF) The European Investment Bank (EIB) and IKB Deutsche Industriebank AG have launched a partnership to support sustainable finance for mid-cap companies in Germany, introducing a new loan portfolio of €400 million. This initiative is aimed at firms with … Read the full press release

Team Europe Unites to Bolster Economic Development in ACP Nations with New €74 Million Funding Initiative

(IN BRIEF) The ACP Trust Fund has secured over €74 million in pledges from seven EU member states, including Denmark, Finland, Germany, Luxembourg, Portugal, Spain, and Sweden, to support economic growth in African, Caribbean, and Pacific (ACP) countries. This funding … Read the full press release

AFRY Recognized Among Sustainability Leaders with EcoVadis Gold Rating

(IN BRIEF) AFRY has earned a prestigious Gold rating from EcoVadis, positioning the company among the top 5% of organizations assessed for sustainability performance. With a score of 79 out of 100, this recognition reflects AFRY’s commitment to addressing environmental … Read the full press release

Adani and Thales Collaborate to Revolutionize Air Travel in India

(IN BRIEF) Adani Airport Holdings Limited (AAHL) has formed a strategic partnership with Thales to improve airport operations and the passenger experience across India. This collaboration introduces a comprehensive solution focusing on smart airport security, biometric passenger journeys, and operational … Read the full press release

Hydro and Vaan Unite to Pioneering Sustainable Solutions in Yachting

(IN BRIEF) Hydro has renewed its partnership with Dutch yacht builder Vaan Yachts BV to advance sustainability in the yachting industry. Building on five years of collaboration, the two companies have signed a letter of intent to develop sheet materials … Read the full press release

Hydro Leads the Charge in Aluminium Recycling for a Sustainable Future

(IN BRIEF) Hydro is intensifying its commitment to recycling post-consumer scrap (PCS) to achieve zero-carbon aluminium. Since launching its recycling growth agenda in 2020, the company has recycled over 1.4 million tonnes of PCS, positioning itself as a leader in … Read the full press release

Eviden and IQM Quantum Computers Team Up to Enhance Quantum Computing Accessibility in France

(IN BRIEF) Eviden, a division of the Atos Group focused on advanced computing, has partnered with IQM Quantum Computers to enhance accessibility to quantum computing. They have installed the IQM Spark™, a superconducting quantum computer, at Eviden’s Angers facility in … Read the full press release

Experian Launches AI-Driven ‘Hazard Tags’ to Revolutionize Commercial Insurance Underwriting

(IN BRIEF) Experian UK&I has launched an innovative AI-powered data solution called ‘Hazard Tags’ to improve the underwriting processes in the commercial insurance sector. This new tool, developed in collaboration with data aggregator Veridion, aims to eliminate the inefficiencies associated … Read the full press release

EIB and IKB Partner to Launch €400 Million Sustainable Financing Initiative for Mid-Sized Companies in Germany

(IN BRIEF) The European Investment Bank (EIB) and IKB Deutsche Industriebank AG (IKB) have launched a strategic partnership aimed at enhancing access to sustainable financing for mid-cap companies in Germany. This initiative includes a €400 million loan portfolio, where the … Read the full press release

Kapsch TrafficCom Launches Innovative Tolling System in Bizkaia, Spain, Enhancing Traffic Flow and Sustainability

(IN BRIEF) Kapsch TrafficCom has successfully implemented a Multi-Lane Free Flow (MLFF) tolling system in the Bizkaia region of Spain, activated on July 1, 2024. This innovative system processes over 1.4 million transactions daily and significantly enhances traffic management by … Read the full press release

Covestro Paves the Way for Circular Economy with €100 Million Investment in R&D

(IN BRIEF) Covestro has announced a €100 million investment aimed at enhancing its research and development (R&D) infrastructure over the next three years, targeting sustainable solutions and digital advancements. This initiative supports the company’s commitment to becoming fully circular and … Read the full press release

Van Gogh Museum Unveils Vive l’impressionnisme! Exhibition to Honor 150 Years of Impressionism

(IN BRIEF) The Van Gogh Museum is set to unveil a major retrospective exhibition titled Vive l’impressionnisme! Masterpieces from Dutch Collections on October 11, 2024, celebrating the 150th anniversary of Impressionism. This exhibition, featuring over 100 important works from French … Read the full press release

Vonovia Launches BIM.permit Software to Revolutionize Construction Approvals and Enhance Efficiency

(IN BRIEF) Vonovia has successfully implemented its new BIM.permit software, developed in collaboration with VSK.software, to streamline the approval process for new construction projects by checking 3D models for compliance with building regulations. The initiative marks a significant advancement in … Read the full press release

Bilfinger Secures ISO 37301 Certification, Reinforcing Commitment to Compliance and Ethical Standards

(IN BRIEF) Bilfinger has announced its certification for a Compliance Management System (CMS) in accordance with ISO 37301 standards, a significant achievement that underscores the company’s commitment to high compliance and ethical business practices. The certification was awarded by TÜV … Read the full press release

Infrared Technology Breakthroughs Paving the Way for a US$500 Million Market, Says IDTechEx Report

(IN BRIEF) Thermal cameras have been a part of automotive technology for 25 years, with 1.2 million vehicles equipped with thermal LWIR camera technology, representing only 0.08% of the estimated 1.5 billion vehicles on the road globally. According to market … Read the full press release

Vodafone and Google Forge $1 Billion Partnership to Revolutionize AI-Powered Services Across Europe and Africa

(IN BRIEF) Vodafone and Google have announced a groundbreaking ten-year partnership, committing over a billion dollars to enhance services and devices powered by generative AI and cloud technology across Europe and Africa. This collaboration aims to provide AI-driven Google Pixel … Read the full press release

ArcelorMittal Reveals Key Findings from Comprehensive Workplace Safety Audit Conducted by dss+

(IN BRIEF) ArcelorMittal has released the findings from a comprehensive workplace safety audit conducted by dss+, which was commissioned to enhance the company’s safety performance. Over nine months, the audit assessed operations globally, focusing on fatality prevention, process safety management, … Read the full press release

Siemens Erlangen Factory Recognized as Digital Lighthouse by World Economic Forum

(IN BRIEF) The World Economic Forum (WEF) has honored Siemens’ Erlangen factory in Germany with the designation of Digital Lighthouse Factory, incorporating it into the Global Lighthouse Network. This accolade recognizes advanced manufacturing sites that effectively utilize fourth industrial revolution … Read the full press release

Acquisition strengthens Siemens’ fire suppression capabilities with innovative high-pressure water mist technology

(IN BRIEF) Siemens Smart Infrastructure has announced its plan to acquire Danfoss Fire Safety, a subsidiary of Danfoss Group, as part of a strategic initiative to enhance its sustainable fire suppression portfolio. The acquisition aims to integrate Danfoss’s innovative high-pressure … Read the full press release

Allianz Report Highlights Surge in Cyber Claims Driven by Data Privacy Issues and Class Action Lawsuits

(IN BRIEF) A recent report by Allianz Commercial highlights significant trends in the cyber insurance landscape, noting a rise in both the frequency and severity of large cyber claims due to data privacy breaches. In the first half of 2024, … Read the full press release

Elli Unveils Innovative Smart Charger 2 to Transform Electric Vehicle Charging Across Europe

(IN BRIEF) Volkswagen Group’s electric mobility brand, Elli, has launched the Elli Charger 2, a smart charging solution aimed at the European market. This new charger can reduce charging costs by up to 40% by utilizing solar surplus charging and … Read the full press release

TotalEnergies and Saint-Gobain Forge Renewable Energy Partnership to Drive Decarbonization in French Industry

(IN BRIEF) TotalEnergies has signed a Power Purchase Agreement (PPA) with Saint-Gobain to supply renewable electricity to its facilities in France, starting in January 2026. This contract will provide 875 GWh of renewable energy over five years, sourced from TotalEnergies’ … Read the full press release

Plenitude Launches Numancia Wind Plant in Soria, Spain, Boosting Renewable Energy Capacity to 440 MW

(IN BRIEF) Plenitude has officially launched the Numancia wind plant in Soria, Spain, consisting of two adjacent wind farms that will generate approximately 31 GWh of electricity annually, sufficient to power over 9,500 households. With this project, Plenitude’s total installed … Read the full press release

Novo Nordisk Launches Global Childhood Obesity Initiative to Support Healthier Urban Communities

(IN BRIEF) Novo Nordisk has launched the Childhood Obesity Prevention Initiative, aimed at combating rising obesity rates among children in underserved urban communities across six cities worldwide. Backed by an investment of over 250 million Danish kroner and a coalition … Read the full press release