Daily Archives: 2, December 2024

Logicor and Kryalos SGR Acquire Strategic Logistics Hub in Sordio, Italy

(IN BRIEF) Logicor and Kryalos SGR have acquired a 23,000 m² warehouse in Sordio, Northern Italy, through the Mazer Fund. The site includes warehouse and office space, green areas, and is strategically located near Milan and major transport links. Logicor … Read the full press release

EIF Commits €15 Million to Merito Partners’ Fund to Boost SME Growth in the Baltic Region

(IN BRIEF) The European Investment Fund (EIF) has committed €15 million from the Baltic Innovation Fund II to Merito Partners’ ‘Merito Baltic Opportunities I AIF,’ marking its first institutional investment in the fund. Aiming to raise €100 million, the fund … Read the full press release

EIB and ČEZ Partner on €400 Million Loan to Enhance Czech Energy Infrastructure and Green Transition

(IN BRIEF) The European Investment Bank (EIB) is lending €400 million to Czech energy provider ČEZ to modernize and expand the country’s electricity distribution grid, enabling the integration of up to 5.5 gigawatts of renewable energy. The project, aligned with … Read the full press release

Gasum Announces Management Team Changes as Tor Husebø Retires

(IN BRIEF) Gasum has announced changes to its Management Team (GMT) following the retirement of Tor Husebø, Vice President of Projects & Biogas Production, effective 1 December 2024. Tommy Mattila will assume Husebø’s role, while Ville Pesonen will take over … Read the full press release

Nationwide Simplifies Mortgage Applications with Experian Work Report™ Integration

(IN BRIEF) Nationwide has partnered with Experian to integrate its Work Report™ service, becoming the first major UK lender to automate income verification for mortgage applicants. This eliminates the need for manual proofs like payslips, enabling instant validation of income … Read the full press release

BT Group Secures £1.29bn Contract to Continue Powering the UK’s Emergency Services Network

(IN BRIEF) BT Group has secured a £1.29bn contract with the Home Office to provide mobile services for the Emergency Services Network (ESN) over 7.25 years, with an option for a one-year extension. The ESN, built on EE’s award-winning 4G … Read the full press release

Holcim to Divest Majority Stake in Lafarge Africa PLC to Huaxin Cement Ltd

(IN BRIEF) Holcim has agreed to sell its 83.81% stake in Lafarge Africa PLC to Huaxin Cement Ltd for an equity value of USD 1 billion. The transaction, aimed at streamlining Holcim’s portfolio, is expected to close in 2025, pending … Read the full press release

ZF’s Strategic Expansion of EPS Production Capacity in China Progresses with New Agreement

(IN BRIEF) ZF Automotive Technologies (Shanghai) Co., Ltd., a subsidiary of ZF Group, has signed an agreement with the Shanghai Anting Economic Development Center for the second phase of expanding its electronic power steering (EPS) production in China. Following a … Read the full press release

Saint-Gobain Advances Strategic Growth Plan with Sale of PAM Building to Aldebaran and Bpifrance

(IN BRIEF) Saint-Gobain has completed the sale of its PAM Building subsidiary, a producer of sanitary and rainwater drainage solutions, to the French investment fund Aldebaran, with Bpifrance holding a minority stake. The divestment, which includes production facilities in France … Read the full press release

Morrisons Launches ‘Tractor Tuesdays’ to Support Farmers with 25% Discount at Cafés Nationwide

(IN BRIEF) Starting December 3, 2024, Morrisons will offer a 25% discount every Tuesday at all its Cafés for farmers, aiming to foster community and support within the farming industry. The initiative, called ‘Tractor Tuesdays,’ encourages farmers to gather, share … Read the full press release

SGS Celebrates 20 Years as a Global Leader in Maritime Environmental Services

(IN BRIEF) SGS celebrates 20 years of leadership in maritime environmental services, supporting shipowners, port operators, and coastal managers in over 600 ports globally. The company’s journey began with Dr. Vladimiro Bonamin and Robert Goldring, who introduced maritime environmental services … Read the full press release

EQT Exeter Sells Premier Student Housing Portfolio in Spain to Azora, Marking Key Milestone

(IN BRIEF) EQT Exeter has sold a portfolio of 12 student housing assets across nine cities in Spain to Azora, marking a key step in the Spanish student accommodation market. The portfolio, which has grown from 1,500 to 4,100 beds … Read the full press release

CapMan-Managed Tukikummit Foundation Raises Funds for Finnish Youth at ‘Together for a Better Future’ Charity Event

(IN BRIEF) On November 27, 2024, the Tukikummit Foundation, managed by CapMan, hosted its annual charity event, “Together for a Better Future,” raising funds for children and youth in Finland. The event marked its ninth edition, with all proceeds going … Read the full press release

Valio Partners with Denps to Develop Premium Protein Supplement for Korea’s Health-Conscious Market

(IN BRIEF) Valio has partnered with Denps to create Denmark Protein Story, a premium protein supplement for Korea’s health-conscious market, featuring Valio’s lactose-free ingredient, Valio Eila® MPC 65. This high-protein milk concentrate makes up 40% of the product, offering both … Read the full press release

Rough Gas Storage Facility Supports UK’s Winter Energy Needs with Record Fill and Increased Production

(IN BRIEF) Centrica’s Rough gas storage facility in the UK has played a vital role in meeting the country’s energy needs during the November 2024 cold snap, pumping 4.35 Bcf of gas into the National Transmission System, powering up to … Read the full press release

Rheinmetall and Lithuania Begin Construction of Advanced Ammunition Production Plant

(IN BRIEF) Rheinmetall and the Lithuanian government have begun construction of a new €180 million ammunition production facility in Baisogala, Lithuania, which will manufacture tens of thousands of 155mm artillery shells annually. The plant, set to start operations in mid-2026, … Read the full press release

Intesa Sanpaolo Unveils 2030 Decarbonization Targets for Key High-Emission Sectors

(IN BRIEF) Intesa Sanpaolo has announced its 2030 decarbonization targets for four high-emission sectors: Residential Real Estate, Agribusiness-Primary Farming, Cement, and Aluminium, completing its commitment to the Net Zero Banking Alliance (NZBA). The new targets, which build on previous objectives … Read the full press release

Evotec Announces Dr. Craig Johnstone’s Departure as Chief Operating Officer

(IN BRIEF) Evotec SE announced that Dr. Craig Johnstone, the company’s Chief Operating Officer, will step down on 31 December 2024. Dr. Johnstone joined Evotec in 2012 and held various leadership roles, including Global Head of Integrated Drug Discovery and … Read the full press release

Nordex Group Receives German Corporate Sustainability Award for Leadership in Renewable Energy

(IN BRIEF) Nordex Group has been honored with the German Corporate Sustainability Award, recognized as one of 100 industry pioneers for its ongoing contributions to sustainable energy solutions. The award was presented at the 17th German Sustainability Day in Düsseldorf … Read the full press release

Societe Generale Announces Senior Appointments in Finance Division, Appointing Robillard and Champarnaud to Key Roles

(IN BRIEF) Societe Generale has announced key appointments within its finance division, effective from 2 January 2025. Vincent Robillard will become Co-Head of Group Treasury and ALM, also assuming the role of Group Treasurer, succeeding Agathe Zinzindohoue, who is stepping … Read the full press release