Daily Archives: 2, November 2024

BAE Systems to Equip Dutch and Belgian Navies with Advanced Bofors 40Mk4 Naval Guns in Joint Frigate Program

(IN BRIEF) BAE Systems has signed a contract with the Dutch Materiel and IT Command to provide eight Bofors 40Mk4 naval gun systems for the anti-submarine warfare frigate program, a joint initiative between the Netherlands and Belgium. These advanced naval … Read the full press release

EBRD and EU Partner with Montenegro to Boost Energy Efficiency in Schools, Cutting CO₂ and Energy Costs

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted Montenegro a €20 million loan, supplemented by EU funding, to improve energy efficiency in 24 educational buildings, including schools and a student dormitory. The upgrades, which will include … Read the full press release

Newcastle and Northumbria Universities Reaffirm Collaborative Commitment to Strengthen City’s Future

(IN BRIEF) Newcastle and Northumbria universities have renewed their partnership through the Collaborative Newcastle Universities Agreement, aiming to support Newcastle’s health, economic growth, and environmental sustainability. This partnership focuses on community initiatives like expanding educational access, promoting student well-being, and … Read the full press release

CRH Powers Romania’s Medgidia Cement Plant with First Wind Farm Dedicated to Clean Energy Transition

(IN BRIEF) CRH has launched a new wind farm in Romania to power its Medgidia Cement Plant, the first of its kind dedicated exclusively to a cement facility in the country. This renewable energy initiative will meet a significant portion … Read the full press release

Standard Chartered and Ant International Complete First HKD Blockchain Transactions, Pioneering New Treasury Solutions

(IN BRIEF) Standard Chartered has conducted its first blockchain-based HKD intra-group transactions with Ant International, using Ant’s Whale platform for more efficient treasury management. This collaboration demonstrates both companies’ commitment to leveraging advanced technology for secure, transparent transactions, with Standard … Read the full press release

Ahlstrom Advances Growth Strategy with Sale of Aspa Pulp Mill to Sweden Timber

(IN BRIEF) Ahlstrom has completed the sale of its Aspa pulp mill to Sweden Timber, a move that allows Ahlstrom to concentrate on its specialty materials portfolio as part of its growth strategy. Sweden Timber plans to expand its product … Read the full press release