Daily Archives: 31, January 2025

Stora Enso and ECOR Global Unveil Groundbreaking Bio-Based, Formaldehyde-Free Product at Stockholm Furniture Fair

(IN BRIEF) Stora Enso and ECOR Global have partnered to create a revolutionary product that combines sustainability and safety by using NeoLigno, a bio-based, formaldehyde-free binder. This new innovation replaces traditional fossil-based binders, offering a fully recyclable and bio-based board … Read the full press release

PNE Group Expands Global Reach with First Wind Farm Outside Germany in France

(IN BRIEF) The PNE Group has launched its first wind farm outside Germany, the Saint-Aubin-du-Plain wind farm in France, which entered trial operation in late 2024 and is set to begin its 20-year Contract for Difference on February 1, 2025. … Read the full press release

M&S Invests in Affordable Quality with Price Reductions on Kidswear and Family Essentials

(IN BRIEF) Marks & Spencer (M&S) has invested in lowering the prices of over 300 family favorite products, focusing on providing reliable value without compromising quality. Significant reductions in the Kidswear range, such as the Cotton Rich Hoodie and Joggers, … Read the full press release

Maersk and Hapag-Lloyd Launch Gemini Cooperation to Revolutionize Global Shipping Network with 90% Schedule Reliability

(IN BRIEF) Maersk A/S and Hapag-Lloyd AG are launching their collaborative shipping network, Gemini Cooperation, on February 1, 2025. The initiative aims to create a flexible and interconnected global ocean network with a target schedule reliability of over 90%. Approximately … Read the full press release

Southampton Scientists Embark on Space Mission to Detect Dark Matter Using Groundbreaking Technology

(IN BRIEF) Scientists from the University of Southampton have launched an ambitious experiment aimed at detecting dark matter, a mysterious force that makes up 85% of the universe’s mass. The experiment uses a unique device that levitates graphite sheets in … Read the full press release

University of Glasgow Develops Sustainable Chipless Tags to Revolutionize RFID Technology and Reduce Electronic Waste

(IN BRIEF) Researchers from the University of Glasgow have developed a new type of wireless, chipless electronic tag designed to replace traditional single-use RFID tags. Using inexpensive materials like PDMS and carbon fibers, the tags can monitor temperatures and transmit … Read the full press release

ESET HOME Security Essential Named AV-Comparatives’ Product of the Year for 2024 for Outstanding Cybersecurity Performance

(IN BRIEF) ESET HOME Security Essential for Windows has been named AV-Comparatives’ Product of the Year for 2024, earning the highest ratings across all tests, including the Advanced+ Award in seven key areas. The product stood out for its robust … Read the full press release

Women in Transport Network Launches to Promote Gender Equality and Empower Women in the Transport Sector

(IN BRIEF) The Women in Transport (WiT) Network has been launched to support women in the transport industry, aiming to promote gender equality and enhance economic, social, and environmental outcomes. The initiative stems from a report by the World Bank … Read the full press release

Siemens Mobility Unveils Full-Scale Mockup for Sydney Metro – Western Sydney Airport Project, Showcasing Future Public Transport Innovation

(IN BRIEF) Siemens Mobility, in partnership with Parklife Metro, has revealed a full-scale mockup of a train carriage for the Sydney Metro – Western Sydney Airport project, offering a preview of the future metro system. The mockup highlights the spacious, … Read the full press release

Equinor Expands Offshore Fleet with New Leonardo AW189 Helicopters to Strengthen NCS Operations

(IN BRIEF) Equinor has awarded Tromsø-based Lufttransport RW AS the contract to operate five new Leonardo AW189 helicopters on the Norwegian Continental Shelf (NCS), enhancing its fleet for offshore transportation services. These helicopters, arriving in 2025 and 2026, will replace … Read the full press release

Knorr-Bremse CEO Marc Llistosella’s Contract Extended for Five More Years in Recognition of Strategic Success

(IN BRIEF) Knorr-Bremse AG has announced that Marc Llistosella’s contract as CEO will be renewed for five additional years, extending his tenure until December 2030. This early renewal follows Llistosella’s successful leadership and the progress made under the BOOST 2026 … Read the full press release

Energiekontor Secures Building Permits for 220 Megawatt Wind Projects, Expanding UK Portfolio

(IN BRIEF) Energiekontor AG, a leading German developer of wind and solar parks, has secured building permits for four significant wind park projects in Scotland and Germany in January 2025. The approved projects in Scotland include three wind parks with … Read the full press release

Hapag-Lloyd and Maersk Launch Gemini Cooperation to Set New Standards in Shipping Reliability and Sustainability

(IN BRIEF) The Gemini Cooperation, a collaboration between Hapag-Lloyd and Maersk, will launch on February 1, 2025, offering an innovative hub-and-spoke network aimed at improving global shipping’s service reliability and connectivity. With around 340 vessels and a target of over … Read the full press release

BayWa Initiates StaRUG Restructuring to Finalize Financing Agreement and Secure Long-Term Transformation

(IN BRIEF) BayWa AG has reached an agreement with over 95% of its financial creditors on a long-term restructuring and financing plan, which will extend until 2027. However, a few dissenting creditors led BayWa to initiate restructuring proceedings under the … Read the full press release

Continental’s ContiTech Division Announces Restructuring and Job Cuts in Response to Declining Market Demand

(IN BRIEF) Continental’s ContiTech division is set to implement structural changes at several German locations due to declining demand in industries such as automotive and lignite mining. Around 580 jobs will be affected, with plant closures at Bad Blankenburg, Stolzenau, … Read the full press release

Björn Ambos Appointed New Dean of the University of St. Gallen’s School of Management, Succeeding Reinhard Jung

(IN BRIEF) The University of St. Gallen has announced that Professor Björn Ambos will become the new Dean of the School of Management, starting February 1, 2025, succeeding Professor Reinhard Jung. Ambos, an expert in strategic management, brings significant academic … Read the full press release

Ørsted Appoints Rasmus Errboe as CEO to Lead Through Renewable Energy Transformation

(IN BRIEF) Ørsted has announced Rasmus Errboe as its new Group President and CEO, effective February 1, 2025, following Mads Nipper’s decision to step down. The leadership change comes as Ørsted faces a rapidly evolving renewable energy market, particularly in … Read the full press release

Julia Peyre Drives AI Strategy and Innovation at Schneider Electric, Boosting Diversity and Sustainability in AI

(IN BRIEF) Schneider Electric has featured Julia Peyre, the new Head of AI Strategy and Innovation, on the AI at Scale podcast, where she discusses her role in driving AI innovation and strategy. With a decade of experience in data … Read the full press release

Borealis Partners with Tegral Materials to Expand Polyolefin Distribution Across Key European Markets

(IN BRIEF) Borealis has signed a distribution agreement with Tegral Materials, a member of the Vinmar Group, to expand its polyolefin solutions across Belgium, France, Germany, Luxembourg, and the Netherlands. The agreement will include Borealis’ full portfolio of polyethylene and … Read the full press release

IAMISIGO Honored with 2025 Zalando Visionary Award for Pioneering African Craftsmanship and Sustainable Fashion Innovation

(IN BRIEF) Zalando has announced IAMISIGO as the winner of the 2025 Zalando Visionary Award, recognizing the Nigerian brand for its innovative blend of African artisanal craftsmanship and modern textile design. Founded by Bubu Ogisi, IAMISIGO will showcase its collection … Read the full press release