Monthly Archives: November 2024

EBRD and ProCredit Bank Kosovo Join Forces to Advance Green Investments and SME Growth

(IN BRIEF) The EBRD is providing €13 million to ProCredit Bank Kosovo through two initiatives: €8 million under the SME Reboot Programme to help small and medium-sized enterprises (SMEs) invest in green technologies and €5 million through the Green Economy … Read the full press release

EBRD and Partners Commit €103 Million to Major Solar Project in Bulgaria

(IN BRIEF) The EBRD, in partnership with Raiffeisen Bank International, is providing €103 million to fund a 237 MWp solar photovoltaic plant in southeastern Bulgaria, developed by Tenevo Solar Technologies. The project will generate over 300 GWh of electricity annually, … Read the full press release

EBRD and EU Partner with Raiffeisen Bank Kosovo to Boost Green Investments for MSMEs

(IN BRIEF) The EBRD, in partnership with the EU and Raiffeisen Bank Kosovo (RBKO), has launched a €5 million SME Go Green programme to support sustainable investments by micro, small, and medium-sized enterprises (MSMEs) in Kosovo. The initiative focuses on … Read the full press release

Bentley Motors Expands European Presence with Bentley Tbilisi in Georgia

(IN BRIEF) Bentley Motors is expanding into Georgia with the launch of Bentley Tbilisi, operated by Tegeta, its exclusive local retailer. The new facilities, including a 330-square-meter showroom and 730-square-meter workshop, are located on Aghmashenebeli Alley in Tbilisi and are … Read the full press release

Societe Generale Advances Sustainable Finance Goals with €500 Billion Commitment by 2030

(IN BRIEF) Societe Generale has set a new €500 billion sustainable finance target for 2024-2030, focusing 80% on environmental initiatives like renewable energy and 20% on social projects. Having achieved its earlier €300 billion target ahead of schedule, the bank … Read the full press release

ANDRITZ Perfojet Marks 40 Years of Innovation in Nonwoven Technology

(IN BRIEF) ANDRITZ Perfojet celebrates its 40th anniversary as a leader in nonwoven technology, known for its groundbreaking Jetlace™ hydroentanglement systems that bond fibers without binders. With over 300 systems installed globally, the company has revolutionized the production of nonwovens … Read the full press release

Saxo Partners with novobanco to Enhance Digital Investment Opportunities in Portugal

(IN BRIEF) Saxo has partnered with novobanco to offer Portuguese investors access to its advanced digital trading platform, enhancing the investment experience with a broad range of tools and opportunities. This collaboration aligns with the growing demand in Portugal for … Read the full press release

Twente Secures €20.5 Million for Microchip Talent Development as Part of National Plan

(IN BRIEF) The Dutch government has allocated €20.5 million to Twente’s Project Beethoven for 2025-2026 as part of the National Microchip Talent Reinforcement Plan, aiming to increase the number of technical graduates and support the growing microchip sector. Twente’s educational … Read the full press release

TUM Partner School Realschule Trostberg Honored with MINT21 Digital Award for Advancing Girls in STEM

(IN BRIEF) TUM’s partner school, Realschule Trostberg, has received the MINT21 Digital Award for its innovative integration of STEM education and digital learning. Through TUM’s “TUM Entdeckerinnen” program, the school engaged 60 girls in hands-on STEM projects like programming apps … Read the full press release

SKF Secures €430 Million EIB Loan to Advance Green Technologies in Bearings and Seals

(IN BRIEF) SKF has secured a €430 million loan from the European Investment Bank (EIB) to advance research, development, and innovation in bearings, seals, and lubrication systems across six European countries. The funding supports green technologies in sectors like renewable … Read the full press release

Ahlstrom Achieves Top One Percent Ranking with EcoVadis Platinum Sustainability Medal

(IN BRIEF) Ahlstrom has earned the EcoVadis Platinum Medal, placing it in the top 1% of companies assessed for sustainability over the past year. The recognition reflects Ahlstrom’s strong performance in four key areas: Environment, Labour and Human Rights, Ethics, … Read the full press release

Enea Secures $4.2 Million Support Contract with North American Tier 1 Network Operator for 4G and 5G Networks

(IN BRIEF) Enea has signed a three-year, $4.2 million support and maintenance contract with a Tier 1 North American network operator for its Stratum Network Data Layer project, covering 4G and 5G networks from 2025 to 2027. The deal, which … Read the full press release

AF Gruppen to Overhaul Oslo Office Spaces in NOK 360 Million Collaboration with Linstow

(IN BRIEF) AF Gruppen has partnered with Linstow on a NOK 360 million project to rehabilitate and expand office spaces at Tollbugata 32 and Akersgata 13-15 in Oslo. The project will merge and renovate the properties, adding a courtyard extension … Read the full press release

Merck and NTU Singapore Collaborate to Pioneer Digital Trust Technologies in Asia Pacific

(IN BRIEF) Merck has partnered with NTU Singapore’s Digital Trust Centre (DTC) to advance digital trust technologies in industries requiring high security and compliance. The collaboration will deploy Merck’s digital-physical trust platform in Singapore, the first of its kind in … Read the full press release

Viking Line Joins Gasum’s FuelEU Maritime Pool to Boost Bio-LNG Adoption and Cut Emissions

(IN BRIEF) Gasum has partnered with Finnish shipping company Viking Line to include its LNG-powered vessels in the FuelEU Maritime pooling service, enabling compliance with EU carbon reduction targets. Viking Line will contribute over-compliance by operating its daily routes with … Read the full press release

Landis+Gyr Appoints Peter Mainz as New CEO to Drive Strategic Leadership

(IN BRIEF) Landis+Gyr Group AG has appointed Peter Mainz as its new CEO, effective immediately, succeeding Werner Lieberherr, who will retire in 2025. Mainz, a member of Landis+Gyr’s Board since 2018 and former CEO of U.S. smart metering leader Sensus, … Read the full press release

RWE Partners with HPE to Leverage Private Cloud AI for Optimizing Renewable Energy Management

(IN BRIEF) Hewlett Packard Enterprise (HPE) is partnering with renewable energy leader RWE to implement HPE Private Cloud AI, enhancing weather modeling, improving forecast accuracy, and optimizing energy resource management. This scalable AI-driven platform, part of the NVIDIA AI Computing … Read the full press release

Lagardère Publishing Expands U.S. Reach with Hachette Book Group’s Acquisition of Sterling Publishing

(IN BRIEF) Lagardère Publishing’s U.S. division, Hachette Book Group (HBG), has acquired Sterling Publishing from Barnes & Noble, expanding its portfolio with over 13,000 titles and notable imprints like Union Square & Co., Puzzlewright Press, and Union Square Kids. The … Read the full press release

Amey and IEMA Collaborate to Train Senior Leaders in Sustainability Leadership

(IN BRIEF) Amey, in collaboration with IEMA, has trained over 180 senior leaders in its Rail and Highways divisions through the “Leading with Environmental Sustainability” course. The program equips participants with the knowledge and skills needed to champion sustainability, supporting … Read the full press release

Nemetschek Group Invests in Document Crunch to Advance AI-Driven Compliance and Risk Management for Construction

(IN BRIEF) The Nemetschek Group has invested in Document Crunch, a technology company specializing in AI-driven document compliance and risk management for the construction industry, as part of a Series B funding round. The investment will help Document Crunch scale … Read the full press release