Daily Archives: 16, December 2024

Germany Adopts National Strategy for Autonomous and Connected Driving with Kapsch TrafficCom Playing a Key Role

(IN BRIEF) Germany has adopted a national strategy for autonomous and connected driving, aiming to lead in modern mobility through Cooperative Intelligent Transport Systems (C-ITS) technology. C-ITS enables real-time communication between vehicles and infrastructure, improving traffic flow, prioritizing emergency vehicles, … Read the full press release

Louis Hachette Group Debuts on Euronext Growth Paris with €1.11 Billion Market Capitalisation

(IN BRIEF) Louis Hachette Group, a global leader in publishing, travel retail, and media, listed on Euronext Growth Paris on December 16, 2024, with a market capitalisation of €1.11 billion at an admission price of €1.12 per share. Employing 32,500 … Read the full press release

Havas Debuts on Euronext Amsterdam with €1.77 Billion Market Capitalisation

(IN BRIEF) Havas N.V., a global leader in communications and marketing, debuted on Euronext Amsterdam on December 16, 2024, with a market capitalisation of €1.77 billion and a share price of €1.79. Employing over 23,000 people across 100 markets, Havas … Read the full press release

Covestro Names Monique Buch as New Chief Commercial Officer to Drive Growth and Sustainability

(IN BRIEF) Covestro has appointed Monique Buch as its new Chief Commercial Officer (CCO), effective June 1, 2025. Buch, an experienced B2B executive with a strong international background, will succeed Sucheta Govil, who has served as CCO since 2019 and … Read the full press release

Lightsource bp Begins Construction on Major Australian Renewable Energy Projects, Advancing the Nation’s Energy Transition

(IN BRIEF) Lightsource bp has commenced construction on two major renewable energy projects in Australia: the 585MWdc Goulburn River solar farm in New South Wales and the Woolooga Battery Energy Storage System (BESS) in Queensland. The Goulburn River project, one … Read the full press release

Expro Secures $10 Million Contract for Advanced Well Decommissioning Solution

(IN BRIEF) Expro has secured a $10 million contract to provide an integrated well decommissioning solution, combining advanced subsea safety systems and surface processing technology. Using its Aberdeen hub, Expro will deliver a surface fluid management package and its 7-3/8” … Read the full press release

50Hertz Pioneers Baltic Sea’s First 2 GW Offshore Grid Connection with GE Vernova and Drydocks World

(IN BRIEF) 50Hertz has partnered with GE Vernova and Drydocks World to deliver the Ostwind 4 offshore grid connection, the first in the Baltic Sea to use 2 GW/525 kV direct current (DC) technology. The project will connect an offshore … Read the full press release

DSV Unveils Renewable Energy Facility in Sweden to Drive Sustainable Logistics and Decarbonization

(IN BRIEF) DSV has launched its first renewable energy facilities at its Landskrona, Sweden warehouse, featuring over 100,000 square meters of rooftop solar panels generating 14 MWp of energy. The facility, capable of powering itself, charging electric vehicles, and supplying … Read the full press release

Fresenius Medical Care Tops BCG’s Gender Diversity Index Germany for 2024, Recognized for Outstanding Commitment to Equality

(IN BRIEF) Fresenius Medical Care (FME) has been named the top company in Boston Consulting Group’s (BCG) Gender Diversity Index Germany for 2024, rising from 29th place the previous year. The recognition, featured in Manager Magazin, acknowledges FME’s progress in … Read the full press release

Alterric Partners with Nordex Group for 56 MW Chalkidiki Wind Farm, Marking First Deployment of N175/6.X Turbines in Greece

(IN BRIEF) Alterric, a major renewable energy producer, has partnered with the Nordex Group to install nine N175/6.X wind turbines at the 56 MW Chalkidiki wind farm in northern Greece. This project marks the first use of Nordex’s N175/6.X turbines … Read the full press release

Schaeffler Acquires Dhruva Automation & Controls to Expand Digital Solutions in the Asia-Pacific Market

(IN BRIEF) Schaeffler AG, through its subsidiary Industriewerk Schaeffler INA-Ingenieurdienst GmbH, is acquiring Dhruva Automation & Controls, a Pune-based specialist in industrial automation and software solutions. With 65 employees and a strong presence in Asia-Pacific markets, Dhruva complements Schaeffler Digital … Read the full press release

TotalEnergies Sells 50% Stake in West Burton Energy to EPUKI, Forming Joint Venture for Flexible Power Operations in the UK

(IN BRIEF) TotalEnergies has sold 50% of its shares in West Burton Energy to EPUKI, the UK subsidiary of EPH, forming a joint venture to operate the 1.3 GW gas-fired power plant and 49 MW battery storage system. The partnership … Read the full press release

BASF Introduces Symbiocell®: A New Solution for Sensitive Skin Approved for Use in China

(IN BRIEF) BASF has introduced Symbiocell®, a new cosmetic ingredient derived from Cestrum latifolium leaves, now approved for use in China following a successful regulatory notification. Designed to soothe sensitive skin and reduce excessive skin reactions, Symbiocell® has shown strong … Read the full press release

Shell Announces Final Investment Decision for Bonga North Deep-Water Project, Advancing Nigeria’s Offshore Energy Development

(IN BRIEF) Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has approved the final investment decision for the Bonga North project, a deep-water oil and gas development off Nigeria’s coast. The project, which ties into … Read the full press release

Allianz Halts Income Insurance Acquisition Plan Amid Singapore’s Regulatory Concerns, Reaffirms Commitment to Asia-Pacific Growth

(IN BRIEF) Allianz has withdrawn its offer to acquire a majority stake in Income Insurance Limited following regulatory concerns raised by the Singapore Government and amendments to the Insurance Act. The offer, announced in July 2024, was intended to secure … Read the full press release

InvestEU-backed initiative offers businesses in Finland access to affordable financing for energy efficiency and clean technology

(IN BRIEF) Finnish companies will gain access to over €400 million in financing for green and digital transformations through a partnership between Nordea Bank and the European Investment Fund (EIF). Backed by the InvestEU programme, the agreement provides SMEs and … Read the full press release