(IN BRIEF) DWS Group has restructured its investment leadership by consolidating its Portfolio Management, Chief Investment Office, and Economic Research units under Vincenzo Vedda, who will also take on the role of Global Chief Investment Officer (CIO). This strategic shift … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News
Tagged appointment, Björn Jesch, DWS Group, Global CIO, investment, Johannes Mueller, leadership, Stefan Hoops, Vincenzo Vedda
(IN BRIEF) GEA has supplied six advanced biosolids Decanter prime 8000 dewatering units to Egypt’s West Delta Wastewater Treatment Plant, the world’s largest facility of its kind. Located near Cairo, the plant treats up to 7.5 million cubic meters of … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Decanter Technology, EGYPT, energy-efficient, GEA, H.E. Hani Sewilan, Karim Youssef, partnership, Sunil Kumar, sustainability, Wastewater Treatment Facility
(IN BRIEF) KSB Group has launched the BOATRONIC 100 MOD measuring computer, a compact solution designed to meet Germany’s updated Buildings Energy Act (GEG 2024) requirements. When paired with the BOA-Control IMS valve, it enables efficient monitoring of key metrics … Read the full press release
(IN BRIEF) GFT Technologies has partnered with NVIDIA to introduce advanced AI solutions to the financial services and manufacturing industries. This collaboration will use NVIDIA’s AI software and computing tools along with GFT’s industry expertise to develop applications like digital … Read the full press release
Posted in Artificial Intelligence (AI), Business, Economy, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged AI, BANKING, GFT, Ignasi Barri, Manufacturing, Marco Santos, NVIDIA, partnership, USA
(IN BRIEF) HENSOLDT has been awarded a contract to upgrade the sensor technology on 90 Fennek vehicles for the Bundeswehr, enhancing their reconnaissance and targeting capabilities. The upgrades include transitioning scout and Joint Fire Support Team vehicles to the advanced … Read the full press release
(IN BRIEF) DHL Express has appointed Abdulaziz Busbate as CEO of its Middle East and North Africa (MENA) operations, effective January 1, 2025. With 24 years at DHL, Busbate brings extensive experience, having led operations in both Saudi Arabia and … Read the full press release
(IN BRIEF) BASF is expanding its production capacity for its advanced X3D® catalyst technology, which utilizes 3D printing to create high-performance catalysts that improve reactor efficiency and reduce energy use. The first industrial-scale X3D production plant is set to open … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has provided a PLN 900 million loan to ORLEN Group for upgrades to Energa’s power grid, marking the first part of a PLN 3.5 billion funding initiative aimed at improving Poland’s energy infrastructure. … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Poland
Tagged EIB, Energa, energy security, Ireneusz Fąfara, Magdalena Bartoś, ORLEN, partnership, Poland, Renewable Energy Grid, sustainability, Teresa Czerwinska
(IN BRIEF) Siemens’ Industrial Copilot, the first generative AI assistant designed for industrial engineering, has expanded its capabilities, gaining thyssenkrupp Automation Engineering as a global customer. New features include multimodal inputs, agent-based automation, and an on-premises solution to ensure data … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged AI-powered, Dr. Rolf-Günther Nieberding, engineering, Manufacturing, partnership, Rainer Brehm, Siemens, Siemens' Industrial Copilot, thyssenkrupp Automation Engineering
(IN BRIEF) MDC has completed the acquisition of Lighteum, a leader in nitinol-based medical component manufacturing, expanding its capabilities in the medical device industry. The acquisition combines MDC’s expertise in platinum group metals and micromachining with Lighteum’s advanced nitinol processing … Read the full press release
Posted in Business, Financial, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, Science, Technology, United Kingdom
Tagged acquisition, Adrien Sassi, Don Freeman, Healthcare, INNOVATION, leadership, Lighteum, Lorie Lodico IV, MDC, Medical Device Manufacturing, Montagu, partnership
(IN BRIEF) New Holland Construction is supporting Denmark’s sustainability goals by providing electric mini excavators to Roskilde Technical School. These zero-emission machines are used by students in landscaping and construction projects, helping them gain the skills needed for future eco-friendly … Read the full press release
Posted in Business, Construction, Denmark, Education, Electronics & Machinery, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged Claus Egede Cornelius, CNH Industrial, Denmark, Electric Mini Excavators, New Holland Construction, partnership, Roskilde Technical School, sustainability
(IN BRIEF) Morrisons has completed the acquisition of 36 convenience stores in Jersey, Guernsey, and Alderney from SandpiperCI. The company will rebrand most of the stores to the Morrisons format, investing over £7 million in the conversion and store improvements. … Read the full press release
Posted in Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, Marketing, News, Retail, United Kingdom
Tagged acquisition, Alderney, Channel Islands, Guernsey, investment, jersey, Joseph Sutton, Morrisons, partnership, Rami Baitiéh, Rebranding
(IN BRIEF) The Port of Rotterdam Authority has announced a new tariff structure for seaport and inland port dues, effective from 1 January 2025. The changes, which include a 6% increase in 2025 and subsequent smaller increases in the following … Read the full press release
(IN BRIEF) Iberdrola España has obtained the environmental permit for its first wind farm repowering project in Castilla-La Mancha, which includes upgrading the Molar de Molinar wind farm and another site in the region. The repowering will reduce the number … Read the full press release
(IN BRIEF) SIX Group has reached an agreement to acquire Aquis Exchange in a cash offer valued at 727 pence per share. The acquisition, which will enhance SIX’s European exchange capabilities, combines Aquis’s next-generation technology with SIX’s existing trading, data, … Read the full press release
Posted in Business, Economy, Financial, Government, Industrial, International Trade, Investment, Management, News, Small Business, Switzerland, United Kingdom
Tagged acquisition, Alasdair Haynes, Aquis Exchange, Bjørn Sibbern, European exchange, investment, partnership, SIX Group, SMEs, UK
(IN BRIEF) EnBW is set to build a large-scale battery storage facility in Marbach, southern Germany, with a capacity of 100 megawatt-hours and an output of 100 megawatts, enough to power around 12,500 households for one day. The facility will … Read the full press release
(IN BRIEF) The Nemetschek Group earned multiple accolades at the 2024 Construction Computing Awards, with its brands Graphisoft and Vectorworks taking home prestigious honors. Graphisoft’s Archicad won the “BIM Product of the Year 2024” for the 14th consecutive time, while … Read the full press release
(IN BRIEF) Kuehne+Nagel and Azul Linhas Aéreas have partnered to support Amazonian riverside communities by connecting small producers and cooperatives to national and international markets. This initiative is part of the ARA Movement – All Amazons Under the Same Blue … Read the full press release
(IN BRIEF) Kayana Solutions Inc. has partnered with Accenture to create a digital factory aimed at boosting digital product development for the MVP Group. The collaboration seeks to deliver personalized experiences for Filipino consumers and businesses by combining Accenture’s expertise … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, Marketing, News, Technology
Tagged Accenture, Ambe Tierro, Digital Factory, Flaviano Faleiro, INNOVATION, Kayana Solutions, Manny V. Pangilinan, partnership, PHILIPPINES
(IN BRIEF) Katajanokan Laituri, completed in the summer of 2024, is a sustainable urban regeneration project in Helsinki’s South Harbour. It houses Stora Enso’s new headquarters, along with a hotel, event space, restaurants, cafés, and a rooftop terrace. As Finland’s … Read the full press release
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