Daily Archives: 27, November 2024

EIF Commits €40 Million to Norway’s HAVN Capital II to Accelerate Europe’s Low-Carbon Transition

(IN BRIEF) The European Investment Fund (EIF) has committed €40 million to HAVN Capital II, a Norway-based private equity fund targeting €250 million to invest in companies advancing renewable energy, electrification, and energy efficiency in Northern and Western Europe. The … Read the full press release

Stegra Partners with Uniper for Long-Term Renewable Energy Supply to Power Green Steel Production

(IN BRIEF) Stegra has partnered with Uniper in a six-year power purchase agreement to supply 6 TWh of electricity to its green steel production plant in Boden, Sweden, from 2027 to 2032. The electricity will power a 700MW electrolysis plant … Read the full press release

Bolk Transport Adds Two New Mercedes-Benz Arocs 8×4 Trucks to Heavy-Duty Fleet

(IN BRIEF) Bolk Transport has added two new Mercedes-Benz Arocs 8×4 trucks to its fleet for heavy-duty transportation across Europe. Equipped with 630 horsepower and a fluid coupling, these trucks can handle loads up to 250 tons, replacing older models … Read the full press release

Adyen Partners with Doctolib to Revolutionize Financial Services for Medical Professionals

(IN BRIEF) Adyen has partnered with Doctolib to enhance financial services for medical professionals across Europe. Initially launched in France and Italy, the collaboration enables healthcare providers to streamline administrative tasks with integrated payment solutions and financial tools, allowing them … Read the full press release

Eckert & Ziegler’s Theralugand® Gains EU Approval for Advanced Cancer Therapies

(IN BRIEF) The European Commission has approved Theralugand®, Eckert & Ziegler’s high-purity Lutetium-177 chloride, for routine clinical use across the European Economic Area. This approval allows its application in targeted cancer therapies, such as for neuroendocrine tumors and metastatic prostate … Read the full press release

Bechtle Names Christian Speck as Vice President Switzerland to Lead Integrated Growth Strategy

(IN BRIEF) Bechtle has appointed Christian Speck as Vice President Switzerland, effective January 1, 2025. Speck, currently Managing Director of Bechtle Schweiz AG, will oversee all Swiss operations and integrate the company’s sales channels to enhance customer support and cross-channel … Read the full press release

Schaeffler Restructures European Operations to Enhance Competitiveness and Focus on Future Growth

(IN BRIEF) Schaeffler AG is restructuring its European operations to enhance competitiveness and align with industry changes. Key measures include closing the Berndorf, Austria, facility and shifting production to more cost-efficient sites, consolidating operations at Brasov, Romania, and realigning production … Read the full press release

Barclays Expands in Asia with New Private Bank Booking Centre in Singapore

(IN BRIEF) Barclays is establishing a Private Bank booking centre in Singapore, reinforcing its commitment to Asia as a key wealth hub. The centre, set to launch by 2026, will allow ultra-high-net-worth (UHNW) clients and global family offices (GFOs) to … Read the full press release

Volkswagen and SAIC Extend Joint Venture to 2040, Pioneering Electric and Decarbonized Mobility in China

(IN BRIEF) Volkswagen and SAIC Motor have extended their joint venture, SAIC VOLKSWAGEN, until 2040, marking 40 years of partnership. The agreement accelerates the transformation of China’s automotive industry through electrification, innovation, and sustainability under Volkswagen’s “In China, for China” … Read the full press release

Boehringer Ingelheim Introduces VETMEDIN® Solution, a Liquid Treatment for Canine Heart Failure

(IN BRIEF) Boehringer Ingelheim has launched VETMEDIN® Solution, the first FDA-approved liquid treatment for congestive heart failure (CHF) in dogs caused by myxomatous mitral valve disease (MMVD) or dilated cardiomyopathy (DCM). The solution provides a convenient, twice-daily alternative to tablets, … Read the full press release

Novartis Gains EU Approval for Kisqali® to Broaden Early Breast Cancer Treatment Options

(IN BRIEF) Novartis has secured European Commission approval for Kisqali® (ribociclib) in combination with endocrine therapy (ET) as an adjuvant treatment for high-risk hormone receptor-positive (HR+), HER2-negative early breast cancer (EBC). The approval, based on the Phase III NATALEE trial, … Read the full press release

MAHLE Leads €5.1 Million Hydrogen Powertrain Initiative for Sustainable Construction and Agriculture

(IN BRIEF) MAHLE is leading a €5.1 million, three-year project funded by Germany’s Federal Ministry for Economic Affairs and Climate Action to develop hydrogen-based powertrain solutions for construction and agricultural machinery. The initiative, involving partners like DEUTZ, KIT, and Claas, … Read the full press release

Wood and Tendrill Partner to Boost Brunei’s Energy Sector with Sustainable Engineering Solutions

(IN BRIEF) Wood has partnered with Tendrill to form TendrillWood, a joint venture delivering engineering, procurement, and construction services in Brunei. Established in 2023, TendrillWood combines Wood’s global expertise with Tendrill’s local knowledge, employing a workforce that is 74% Bruneian. … Read the full press release

University of Southampton to Lead National Effort to Tackle Maternity Care Disparities

(IN BRIEF) The University of Southampton is leading a collaboration within the £50 million NIHR Challenge: Maternity Disparities consortium to address inequalities in maternity care across the UK. The initiative aims to improve health outcomes by focusing on preconception and … Read the full press release

Liverpool City Region Secures £6.75 Million to Become UK’s Leading Music Innovation Hub

(IN BRIEF) The Liverpool City Region has been awarded £6.75 million to establish itself as a UKRI Creative Cluster for the music sector through the MusicFutures initiative. Led by the University of Liverpool and Liverpool John Moores University, the five-year … Read the full press release

Study Links Depression to Menstrual Pain, Highlighting the Need for Holistic Healthcare

(IN BRIEF) A study by researchers from China and the UK has identified a link between depression and menstrual pain (dysmenorrhea), suggesting depression may cause rather than result from period pain. Using Mendelian randomisation, the team analyzed genetic data from … Read the full press release

New Insights into Alzheimer’s Disease Uncovered by University of Liverpool Study

(IN BRIEF) Researchers at the University of Liverpool have identified a new mechanism in Alzheimer’s disease involving the interaction between Amyloid Precursor Protein (APP) and talin, a synaptic scaffold protein. This study reveals that disruptions in this mechanical signaling pathway … Read the full press release

Barco Brings Belgian Innovation to Life with Spectacular Projection on Christ the Redeemer in Rio

(IN BRIEF) Barco will showcase its advanced projection technology in a stunning video mapping event on Christ the Redeemer in Rio de Janeiro, as part of Belgium’s economic mission to Brazil led by HRH Princess Astrid from November 23 to … Read the full press release

Leadership Transition Announced at Ahlstrom as EVP Sophie Haan Plans Departure

(IN BRIEF) Sophie Haan, EVP of Ahlstrom’s Protective Materials division and a member of the Executive Leadership Team, will leave the company at the end of January 2025 to pursue a new career opportunity. Ahlstrom has begun the search for … Read the full press release

German Businesses Amplify Climate Investments, but SMEs Face Challenges, Reports KfW Research

(IN BRIEF) German businesses increased climate-related investments to €85 billion in 2023, a 12.1% rise from 2022, driven primarily by large enterprises. While large firms invested €50 billion (a 19% inflation-adjusted growth), SME investments fell to €35 billion, down 10% … Read the full press release