Daily Archives: 5, April 2025

ANDRITZ Enhances Diaper Production at Turkuvaz with Swift Retrofit Upgrade

(IN BRIEF) ANDRITZ has finished a service retrofit at Turkuvaz’s Sakarya plant, modernizing its diaper fastening tape system. This upgrade enhances the strength and reliability of diaper closures, streamlines the converting process, and reduces downtime and costs by optimizing raw … Read the full press release

EBRD Extends €120 Million Loan to AFI Europe to Drive Sustainable Real Estate Growth in CEE

(IN BRIEF) The EBRD has provided a regional loan of up to €120 million to AFI Europe to fund its expansion in Serbia, Poland, Romania, and Czechia. The financing will support the development of AFI’s modern portfolio in central and … Read the full press release

EIB and Aragón Propel Green and Digital Transformation with €234 Million Loan

(IN BRIEF) The European Investment Bank has signed a €234 million loan agreement with the Aragón regional government in Spain, marking the first tranche of a €260 million financing package. The funds will co-finance various projects in Aragón—especially in the … Read the full press release

EIB Funds Beccs Stockholm, Pioneering Negative Emissions Technology to Outpace Stockholm Traffic Emissions

(IN BRIEF) The European Investment Bank has granted a €260 million loan to Stockholm Exergi to construct Sweden’s first large-scale BECCS facility at Värtaverket, expected to be operational by 2028. The project, Beccs Stockholm, will capture up to 800,000 tonnes … Read the full press release

DHL and Temu Strengthen Partnership to Boost SME Growth Across Europe and Beyond

(IN BRIEF) DHL Group has signed an MoU with e-commerce marketplace Temu to deepen their partnership and support local SMEs in both established markets and growth regions such as Eastern Europe and the Middle East. By harnessing DHL’s global logistics … Read the full press release

Vodafone Integrates STEP with UDAP to Enhance Emergency Response in the Netherlands

(IN BRIEF) A new integration between Vodafone’s Safer Transport for Europe Platform (STEP) and the Netherlands’ Urban Data Access Platform (UDAP) will soon allow emergency services to alert more road users and authorities about approaching emergency vehicles, enabling quicker and … Read the full press release

bp Board Initiates Chair Succession Process Led by Dame Amanda Blanc

(IN BRIEF) bp’s board has initiated a succession process to select a new Chair after Helge Lund announced his intent to step down. Led by Senior Independent Director Dame Amanda Blanc, the process will see the new Chair joining the … Read the full press release