Daily Archives: 9, January 2025

SEB’s China Financial Index Shows Decline in Business Outlook for Northern European Companies Amid Geopolitical Tensions

(IN BRIEF) SEB’s China Financial Index for 2024 revealed a drop to 52.0, indicating a challenging business environment for northern European companies operating in China. This decline, the lowest since May 2020, reflects concerns over customer demand, local competition, and … Read the full press release

Rheinmetall to Supply Bundeswehr with 120 Mobile Aid Stations for Enhanced Military Medical Care

(IN BRIEF) Rheinmetall has been awarded a contract by the Bundeswehr to provide up to 120 mobile aid stations, with the first delivery scheduled for December 2025. The order, valued in the high double-digit million-euro range, includes ten ballistic-protected and … Read the full press release

Alfa Laval Announces New Food Innovation Centre in Copenhagen to Drive Sustainable Food Production

(IN BRIEF) Alfa Laval has unveiled plans to open its Food Innovation Centre in Copenhagen, Denmark, by 2027. This new facility is part of the company’s capital investment strategy and aims to support the food industry in tackling the challenges … Read the full press release

Lantmännen Invests in Groundbreaking Plant-Based Protein Plant Powered by Alfa Laval

(IN BRIEF) Lantmännen, a Swedish cooperative owned by farmers, is tackling the global protein gap by investing 105 million euros in a groundbreaking plant-based protein processing facility in Lidköping, Sweden. The plant, powered by Alfa Laval technology, will focus on … Read the full press release

Alfa Laval’s ConditionAlert™ Prevents Major Breakdown at Sicit with Predictive Maintenance

(IN BRIEF) Sicit, a company in Vicenza, Italy, specializing in converting leather tanning residues into protein hydrolysates, implemented Alfa Laval’s ConditionAlert™ solution to ensure optimal performance of their decanters. After installing the system in 2022, it proved invaluable in March … Read the full press release

Evonik Partners with ST Pharm to Accelerate RNA Therapeutic Development

(IN BRIEF) Evonik has partnered with ST Pharm to enhance its RNA and nucleic acid therapeutic services, combining ST Pharm’s expertise in customized nucleic acids with Evonik’s advanced lipid and lipid nanoparticle (LNP) drug product development solutions. This collaboration aims … Read the full press release

Dumarey Group to Acquire MAHLE Powertrain USA in Strategic Deal

(IN BRIEF) MAHLE has signed an agreement to sell its U.S. engineering services division, MAHLE Powertrain USA, to the Dumarey Group, with the deal expected to close in Q1 2025. The transaction includes the Plymouth, Michigan facility, which employs around … Read the full press release

Experian Achieves Workday Certified Integration Status for I-9 Management Solution, Enhancing Employee Onboarding

(IN BRIEF) Experian has achieved Workday Certified Integration status for its I-9 Management solution, enabling organizations using Workday Human Capital Management (HCM) to streamline the Form I-9 process during employee onboarding. This integration helps employers avoid errors, reduce compliance risks, … Read the full press release

European Investment Bank Announces Record EUR 5bn EARN Bond Issuance, Marks Largest Ever Climate Awareness Order Book

(IN BRIEF) The European Investment Bank (EIB) successfully priced a EUR 5bn 10-year EARN bond on January 8, 2025, marking the largest Climate Awareness EARN order book in the institution’s history at EUR 47.3bn, including EUR 1.95bn from Joint Lead … Read the full press release