Daily Archives: 12, November 2024

DWS Group Streamlines Investment Leadership, Appointing Vincenzo Vedda as Global CIO to Enhance Client-Focused Strategy

(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

GEA Powers World’s Largest Wastewater Treatment Facility in Egypt with Energy-Efficient Decanter Technology

(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

KSB Group Introduces BOATRONIC 100 MOD to Streamline Energy-Efficient Monitoring for Building Systems

(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

AI Collaboration Between GFT and NVIDIA Aims to Transform Banking and Manufacturing with Custom Solutions

(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

HENSOLDT Secures Contract to Equip Bundeswehr’s Fennek Vehicles with Advanced BAA III Sensor Technology for Enhanced Reconnaissance

(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

DHL Express Appoints Abdulaziz Busbate as CEO of MENA Region to Lead Growth and Sustainable Logistics Initiatives

(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

BASF to Launch Industrial-Scale 3D-Printed Catalyst Production to Boost Green Transformation Efforts

(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

EIB Launches PLN 3.5 Billion Initiative with ORLEN to Boost Poland’s Renewable Energy Grid and Strengthen Energy Security

(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

Siemens’ Industrial Copilot Brings AI-Powered Efficiency to Engineering and Manufacturing, Welcoming thyssenkrupp Automation Engineering as a Global Partner

(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

MDC Expands Global Leadership with Acquisition of Lighteum to Advance Medical Device Manufacturing

(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

New Holland Construction Helps Denmark Achieve Sustainability Goals with Electric Mini Excavators at Roskilde Technical School

(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

Morrisons Completes Acquisition of 36 Stores in the Channel Islands, Plans £7 Million Rebranding Investment

(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

Port of Rotterdam’s New Tariff Structure Promotes Sustainability and Efficiency Starting in 2025

(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

Iberdrola España Moves Forward with Wind Farm Repowering in Castilla-La Mancha to Boost Renewable Energy Production

(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

SIX Group to Acquire Aquis Exchange in Strategic Move to Strengthen European Exchange Capabilities

(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

EnBW to Launch 100 MW Battery Storage Facility in Marbach to Support Renewable Energy Integration

(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

Nemetschek Group Wins Big at the 2024 Construction Computing Awards, Recognizing Graphisoft and Vectorworks for Excellence in Innovation

(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

Kuehne+Nagel and Azul Linhas Aéreas Partner to Empower Amazonian Communities and Promote Sustainable Development

(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

Kayana Solutions and Accenture Collaborate to Launch Digital Factory for Accelerated Innovation in the Philippines

(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

Stora Enso’s Katajanokan Laituri: Helsinki’s Largest Mass Timber Building Sets a New Standard for Sustainable Urban Development

(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