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

Hydro to Boost Renewable Energy Use at Alumetal’s Kety Plant to Support European Green Transition

(IN BRIEF) Hydro’s Alumetal recycling plant in Kety, Poland, will enhance its sustainability by installing solar panels to generate 1,000 MWh of renewable electricity annually, set to be operational by mid-2025. The EUR 870,000 investment is part of Hydro’s broader … Read the full press release

AWS Joins SSAB in Pioneering Fossil-Free Steel Use for Swedish Data Centers

(IN BRIEF) This partnership between SSAB and AWS is a significant step towards decarbonizing the materials used in critical infrastructure. By adopting cutting-edge technology like HYBRIT, AWS is not only taking meaningful action toward its sustainability goals but also leading … Read the full press release

ArcelorMittal Faces Regulatory Challenges in Advancing European Decarbonization Efforts

(IN BRIEF) ArcelorMittal has announced a delay in its investment decisions regarding hydrogen-ready steel production technologies, citing uncertainties in the regulatory and energy markets. While progress on green hydrogen remains slow, the company continues to pursue other avenues for reducing … Read the full press release

AFRY Joins Industrikraft to Strengthen Swedish Energy Transition and Support Green Industrial Growth

(IN BRIEF) AFRY has joined Industrikraft as an equal shareholder, expanding the initiative’s network of industry leaders committed to supporting the expansion of Sweden’s electricity supply. With a focus on sustainable, fossil-free energy sources, Industrikraft aims to shape Sweden’s energy … Read the full press release

Philips and AWS Join Forces to Revolutionize Cloud-Based Diagnostics and Improve Healthcare Efficiency

(IN BRIEF) Philips expands its partnership with AWS to offer cloud-based diagnostic solutions that streamline workflows and improve patient outcomes across multiple healthcare specialties. The integration of generative AI will enable clinicians to work more efficiently, freeing up valuable time … Read the full press release

Atos Extends Partnership with EUROCONTROL to Support Critical Infrastructure and Cybersecurity Monitoring for European Aviation

(IN BRIEF) Atos has extended its contract with EUROCONTROL to provide continuous support for the management of critical infrastructure and cybersecurity in European airspace management. The new phase of this partnership will enhance EUROCONTROL’s IT infrastructure resilience and integrate innovative … Read the full press release

TÜV Rheinland Expands Certification Services for Key Smart Home Protocols to Boost Global IoT Integration

(IN BRIEF) TÜV Rheinland Shenzhen has been authorized to provide comprehensive testing services for key wireless communication protocols, including Thread, Matter 1.4, and Zigbee-compliant platforms. This authorization strengthens TÜV Rheinland’s leadership in wireless device certification, supporting the growing demand for … Read the full press release

CEB and City of Marseille Secure €200 Million Loan for Major School Renovation Project

(IN BRIEF) The Council of Europe Development Bank (CEB) has signed a €200 million loan agreement with the City of Marseille to fund a major renovation of the city’s public primary schools. This loan is part of the €1.5 billion … Read the full press release

Infineon Technologies Launches EiceDRIVER™ Power 2EP1xxR Family for Optimized Isolated Gate Driver Supplies

(IN BRIEF) Infineon Technologies has introduced the EiceDRIVER™ Power 2EP1xxR family, a new line of full-bridge transformer drivers designed for IGBT, SiC, and GaN gate driver power supplies. These devices offer a cost-effective, space-saving solution for isolated gate drivers, particularly … Read the full press release

Roche to Acquire Poseida Therapeutics, Advancing Leadership in Cell Therapy Innovation

(IN BRIEF) Roche has announced the acquisition of Poseida Therapeutics, a clinical-stage biopharmaceutical company specializing in off-the-shelf CAR-T cell therapies, for $9.00 per share in cash, totaling approximately $1 billion. Poseida stockholders may also receive up to $4.00 per share … Read the full press release

Roche’s SKYSCRAPER-01 Study: Update on Tiragolumab’s Role in Advanced Lung Cancer Therapy

(IN BRIEF) Roche provided an update on its Phase III SKYSCRAPER-01 study, evaluating tiragolumab in combination with Tecentriq® for patients with PD-L1-high, advanced, or metastatic non-small cell lung cancer (NSCLC). The study did not meet its primary endpoint of improving … Read the full press release

Global Launch of EDGE Certification Sets New Benchmark for Workplace Equity

(IN BRIEF) SGS has announced the global launch of EDGE Certification, an internationally recognized standard for workplace diversity, equity, and inclusion (DEI). EDGE evaluates organizations across four pillars: representation, pay equity, career flows, and cultural inclusiveness. As an approved certification … Read the full press release

ABL Secures Marine Warranty Survey Contract for Iberdrola’s Windanker Offshore Wind Farm

(IN BRIEF) ABL has been awarded a contract to provide Marine Warranty Survey (MWS) services for Iberdrola’s 315 MW Windanker offshore wind farm in the Baltic Sea, off Germany’s coast. ABL Germany, based in Hamburg, will oversee the safe and … Read the full press release