Daily Archives: 1, April 2025

Alcura France Receives Firm Acquisition Bid for Its Homecare Division Amid Strategic Business Focus

(IN BRIEF) Alcura France, a fully owned subsidiary of Mutares SE & Co. KGaA, has received a firm acquisition proposal for its home healthcare services division (PSAD) from Santé Cie Group, a key European provider of homecare and ambulatory services. … Read the full press release

PUMA Unveils Innovative West End Flagship to Redefine Retail Experience in Europe

(IN BRIEF) PUMA is set to open its first European flagship store in London’s West End in Autumn 2025, strategically located near Selfridges and Bond Street Tube Station. The 24,000 square-foot venue will offer an immersive, interactive experience that blends … Read the full press release

Nordex Secures Landmark Nordic Orders with OX2 to Propel Finland’s Wind Energy Expansion

(IN BRIEF) Swedish renewable energy company OX2 placed two significant orders with the Nordex Group for 70 N175/6.X wind turbines, marking the first use of this new turbine model in the Nordic region. The orders, which come with a 35-year … Read the full press release

Transforming University Campuses: €95 Million Boost for Green Student Housing and Modern Academic Facilities

(IN BRIEF) The University of Crete is set to undergo a significant expansion and upgrade of its student housing and academic facilities through a €95 million financing deal from the European Investment Bank (EIB), under a pioneering Public-Private Partnership with … Read the full press release

Revitalizing Ukraine’s Rail Links: €50 Million Boost for Cross-Border Connectivity

(IN BRIEF) Ukraine is set to upgrade its border rail infrastructure with neighboring EU countries, boosting both freight and passenger transport while reinforcing its role as a transport hub. This project includes comprehensive improvements such as track repairs, relocation of … Read the full press release

Banking Alliance Paves the Way for a Robust EU Clean Energy Future

(IN BRIEF) NORD/LB and the EIB have launched a significant financing partnership to boost the transition to clean energy within the European Union. The collaboration will fund new small and medium-sized renewable energy projects, with targeted investments in photovoltaic systems, … Read the full press release

IKEA Unveils Straight-Path Superstore to End Shopper Mazes

(IN BRIEF) IKEA is planning a groundbreaking two-kilometer-long linear store to replace its signature maze-like layout, prompted by customer complaints about getting lost and over-reliance on GPS navigation. Led by Tolga Öncü, Ingka Retail Manager, the single-floor design allows shoppers … Read the full press release

SpotDraft Nets $54M to Revolutionize Legal Contract Management with AI

(IN BRIEF) SpotDraft, an AI-driven contract lifecycle management (CLM) platform for in-house legal teams, raised $54 million in Series B funding led by Vertex Growth Singapore and Trident Growth Partners, with prior investors Prosus Ventures, Xeed VC, and Arkam Ventures … Read the full press release

Mercedes-Benz Arocs Fleet Boosts Germany’s Highway Operations in Berlin-Brandenburg Handover

(IN BRIEF) The Mercedes-Benz Commercial Vehicle Center Berlin-Brandenburg, under René Rudelt’s leadership, handed over two Mercedes-Benz Arocs trucks to Michaela Kuban of Autobahn GmbH, part of a 51 three-axle truck delivery to German highway maintenance offices, with 58 four-axle trucks … Read the full press release

CECONOMY Secures €900M Green Credit Line to Bolster Sustainable Financial Strategy

(IN BRIEF) CECONOMY AG, the parent of MediaMarktSaturn, has secured a new €900 million ESG-linked revolving credit facility, replacing earlier unused credit lines that acted solely as a liquidity reserve. This three-year facility, extendable by two additional years, ties its … Read the full press release

Sweden’s Traffic Future Takes Shape with Kapsch TrafficCom’s ÖTS3 Breakthrough

(IN BRIEF) Kapsch TrafficCom and Trafikverket have advanced the ÖTS3 project, replacing the ÖTS2 system with the innovative EcoTrafiX™ solution to manage approximately 360 traffic signals across Sweden. Key milestones include the successful Factory Acceptance Test (FAT), which tested system … Read the full press release

eNaBlS Project Making Strides in Advancing Biodiversity and Nature-Based Solutions Education

(IN BRIEF) The eNaBlS project is driving significant progress in promoting Nature-Based Solutions and biodiversity education across Europe by establishing interactive Living Labs that connect scientists, students, local communities, and policymakers, launching dedicated web pages for real-time updates, developing a … Read the full press release

CNMV Chairman Carlos San Basilio Joins OECD Bureau to Advance Global Corporate Governance

(IN BRIEF) The OECD Corporate Governance Committee, with Carlos San Basilio, CNMV Chairman, newly appointed to its Bureau, is dedicated to improving economic efficiency, sustainability, and financial stability through enhanced corporate governance policies and practices. It coordinates the Organisation’s efforts … Read the full press release

Swedbank Taps New Leader for Baltic Market Expansion

(IN BRIEF) Swedbank has officially named Olof Sundblad as the permanent Head of Baltic Banking, elevating him from his acting role since October 2024. In this new capacity, he will remain a member of the Group Executive Committee. Sundblad’s appointment … Read the full press release

Europe Unveils Landmark Data Collection on Veterinary Antimicrobial Practices in 2023

(IN BRIEF) In 2023, a historic initiative saw all 27 EU countries, along with Iceland and Norway, collecting and reporting both sales and usage data on veterinary antimicrobials for the first time. The resulting ESUAvet report details that 98% of … Read the full press release

International Defense Leaders Converge to Explore Next-Generation Mobile Artillery Solutions

(IN BRIEF) Rheinmetall and Lockheed Martin recently hosted an international summit in Europe as part of their Global Mobile Artillery Rocket System (GMARS) program. The event, attended by military leaders, industry experts, and defense professionals from 14 nations, focused on … Read the full press release

Emmi AG Eyes Global Financial Leadership with Anette Weber’s Nomination

(IN BRIEF) Anette Weber is being put forward for election to the Emmi AG Board of Directors during the General Meeting scheduled for 10 April 2025. With a distinguished career in finance, she has served as CFO at the Bucherer … Read the full press release

Saab Launches Serial Production of Sirius Compact at New Tampere Facility

(IN BRIEF) Saab has launched serial production of its advanced passive electronic warfare sensor, Sirius Compact, at a new facility in Tampere, Finland. The opening, attended by Finland’s Minister of Finance and Deputy Prime Minister Riikka Purra and Tampere’s Mayor … Read the full press release

Saab Secures SEK 2.1 Billion Order for Advanced Air Defence System in Latvia

(IN BRIEF) Saab has signed a framework agreement with the Latvian Ministry of Defence for its RBS 70 NG short-range ground-based air defence system, receiving an order valued at SEK 2.1 billion. The order includes firing units, missiles, and trainer … Read the full press release

Urs Leemann appointed Deputy Director of Empa

(IN BRIEF) Dr. Urs Leemann will assume the role of Deputy Director at Empa on 1 April 2025, taking over from Peter Richner. With a long-standing tenure on the Directorate since 2012 and experience in both corporate and start-up environments, … Read the full press release