Daily Archives: 7, February 2025

EIF Backs Nordic Climate-Tech Innovation with €34.6 Million Commitment to Course Corrected VC Fund II

(IN BRIEF) The European Investment Fund (EIF) has pledged €34.6 million to Course Corrected VC Fund II, a venture-capital fund dedicated to backing early-stage climate-tech companies in the Nordic region. This funding will help the fund reach its target size … Read the full press release

EIB Approves PLN 1 Billion Loan to Support Sustainable Urban Projects Across Polish Cities

(IN BRIEF) In 2024, the European Investment Bank (EIB) approved over PLN 1 billion (around €274 million) to support sustainable urban development in Polish cities, including Kielce, Radom, Rybnik, and Chorzów. This financing aims to improve urban infrastructure, transport systems, … Read the full press release

EIB Green Loan to ACA Boosts Water Infrastructure and Climate Resilience in Abruzzo

(IN BRIEF) The European Investment Bank (EIB) has granted a €30 million green loan to Azienda Comprensoriale Acquedottistica S.p.A (ACA), marking the first such loan to a company in Abruzzo. The financing, backed by InvestEU, will support ACA’s efforts to … Read the full press release

Siemens Mobility Secures 40-Month Maintenance Contract for Klang Valley MRT Line in Kuala Lumpur

(IN BRIEF) Siemens Mobility has been awarded a 40-month maintenance contract for the Klang Valley MRT Line in Kuala Lumpur, Malaysia. The contract, signed with general contractor SMH Rail, involves providing components, technical support, and staff training to ensure the … Read the full press release

UniCredit Wins Global Bank of the Year 2024 and EMEA Loan House of the Year

(IN BRIEF) UniCredit has been named Global Bank of the Year 2024 and EMEA Loan House of the Year by IFR, marking a significant achievement in the bank’s ongoing transformation. The recognition highlights UniCredit’s leadership in banking and its successful … Read the full press release

MAHLE to Divest Minority Stake in Langfang Kokusan Electric as Part of Portfolio Optimization

(IN BRIEF) MAHLE has signed an agreement to sell its 40% minority stake in Langfang Kokusan Electric Co., Ltd. to its co-shareholders. Langfang Jinrun Technology Group Co., Ltd. will acquire 28.5% of the stake, and Langfang State-owned Assets Business Co., … Read the full press release

Grupa Azoty and American Gas Partners Begin Talks for Potential Gas Supply Agreement

(IN BRIEF) A new Letter of Intent between Grupa Azoty and American Gas Partners marks the beginning of negotiations for a potential agreement to secure gas supplies. If finalized, deliveries will be facilitated through a specialized procurement platform involving U.S. … Read the full press release

NIB Provides EUR 33.5 Million Loan to Tønder Biogas for One of Europe’s Largest Biogas Facilities

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a 16-year loan agreement worth DKK 250 million (EUR 33.5 million) with Tønder Biogas A/S to finance one of Europe’s largest biogas facilities in Tønder, Denmark. The plant, set to begin … Read the full press release

Infineon Launches TLF35585 PMIC for Automotive Systems, Enhancing Power Management and Functional Safety

(IN BRIEF) Infineon Technologies has expanded its OPTIREG Power Management IC (PMIC) portfolio with the introduction of the TLF35585, a multi-rail power supply solution for automotive systems. Designed to meet high functional safety standards, this new PMIC supports microcontrollers and … Read the full press release

Henkel Completes Strategic Portfolio Optimization with Sale of Retailer Brands Business in North America

(IN BRIEF) Henkel has completed the sale of its Retailer Brands business in North America to First Quality Enterprises, marking the final step in its portfolio optimization strategy. The business, which includes products in the detergents, fabric finishers, and dishwash … Read the full press release

ZF’s Cutting-Edge Mobility Solutions Redefine Transportation at Bharat Mobility Global Expo 2025

(IN BRIEF) ZF is showcasing its advanced mobility solutions at the Bharat Mobility Global Expo 2025, highlighting its innovative X-by-Wire technology and commitment to sustainability in India’s transportation sector. The company is focusing on safety, electrification, and efficiency, with technologies … Read the full press release

AD Ports Group and CMA CGM Group Strengthen Partnership with New Multipurpose Terminal Venture in Pointe Noire

(IN BRIEF) AD Ports Group and CMA CGM Group have signed a shareholders’ agreement to jointly develop, manage, and operate the New East Mole multipurpose terminal at the Port of Pointe Noire in Congo-Brazzaville. AD Ports Group received a 30-year … Read the full press release

Nemetschek Group Debuts at BIM Day GVA with Cutting-Edge BIM Solutions for Sustainable Construction

(IN BRIEF) The Nemetschek Group, a leader in software for digital transformation in construction, is debuting at the BIM Day GVA in Geneva. At this prominent event, Nemetschek and its brands, including ALLPLAN, Bluebeam, dRofus, Graphisoft, Solibri, and Vectorworks, are … Read the full press release

SCC Partners with Generation UK and The Rigby Foundation to Boost Employability in Tech Industry

(IN BRIEF) SCC, a leading European technology provider, has partnered with The Rigby Foundation and Generation UK to host an employability training event aimed at helping job seekers build skills and gain confidence, particularly in the technology sector. The training, … Read the full press release

Unilever Joins Forces with UEFA as Official Sponsor for UEFA Women’s EURO 2025, Featuring Prominent Brands Across Foods and Personal Care

(IN BRIEF) Unilever has announced its partnership with UEFA as an official sponsor for UEFA Women’s EURO 2025, with several of its leading brands, including Hellmann’s, Knorr, Dove, and Rexona, supporting the tournament. This collaboration builds on Unilever’s successful sponsorship … Read the full press release