Daily Archives: 21, May 2025

Lloyds Banking Group and North East Authorities Partner to Accelerate Green Energy Growth in the UK

(IN BRIEF) Lloyds Banking Group has partnered with North East Mayor Kim McGuinness, NECA, and OFI to create a green energy hub in the North East. The initiative focuses on unlocking private sector investment to support the region’s green energy … Read the full press release

RATO Credit Union and EIF Launch €20 Million Financing Initiative to Support Sustainable Projects in Lithuania

(IN BRIEF) RATO Credit Union has partnered with the European Investment Fund (EIF) under the InvestEU program to provide €20 million in financing for sustainable projects in Lithuania. This agreement enables RATO to offer more accessible loans with favorable terms, … Read the full press release

Orano Unveils New 30B-10 Cylinders for Transporting Low Enriched Uranium Plus (LEU+) at WNSC Symposium

(IN BRIEF) Orano announced the launch of serial production of the 30B-10 cylinders at the World Nuclear Supply Chain (WNSC) symposium in Warsaw, designed to transport Low Enriched Uranium Plus (LEU+) enriched up to 10%. The new DN30-X package, which … Read the full press release

TU/e and De Ontdekfabriek Launch Educational Quantum Experience for Students to Learn About Cutting-Edge Technology

(IN BRIEF) ‘The Inventors and the Quantum Code’ is a new interactive educational program launching on May 21, 2025. Designed for elementary and high school students, it introduces quantum concepts through an engaging escape room-style experience. Developed by TU/e scientists … Read the full press release

OP Financial Group Partners with Accenture to Transform Pohjola Insurance with Cloud and AI Solutions

(IN BRIEF) OP Financial Group has expanded its partnership with Accenture to modernize Pohjola Insurance, focusing on enhancing agility, operational efficiency, and customer experience. The collaboration includes implementing a cloud-based Guidewire platform to streamline IT applications, generate operational savings, and … Read the full press release

ABN AMRO Survey Highlights Rising Cyber Threats and Gaps in Resilience Among Dutch Companies

(IN BRIEF) A recent cybersecurity survey by ABN AMRO reveals that Dutch companies, particularly SMEs, are increasingly vulnerable to cyberattacks, with many underestimating the risks from state actors and new cyber threats. The survey highlights gaps in awareness and preparedness … Read the full press release

Atos Named Leader in 2025 Gartner® Magic Quadrant™ for Outsourced Digital Workplace Services (ODWS)

(IN BRIEF) Atos has been named a Leader in the Gartner® Magic Quadrant™ for Outsourced Digital Workplace Services (ODWS) 2025, marking the ninth consecutive year of recognition. This acknowledges Atos’ ability to deliver innovative, human-centric, and sustainable digital workplace solutions … Read the full press release

ABB’s BESS-as-a-Service Offers Businesses a Flexible, Zero-CapEx Solution for Energy Storage and Sustainability

(IN BRIEF) ABB has launched its Battery Energy Storage Systems-as-a-Service to provide businesses with a flexible, zero-CapEx solution for energy storage. This service, designed for various industries, enables companies to adopt advanced energy solutions without large capital investments, ensuring immediate … Read the full press release

AkzoNobel Launches Groundbreaking Cooling Coating System to Enhance Energy Efficiency in Buildings

(IN BRIEF) AkzoNobel has introduced an innovative thermal insulation coating system in China that cools buildings and improves energy efficiency. The system uses a radiative cooling topcoat and a thermal radiation barrier mid-coat to lower building surface temperatures by up … Read the full press release

New Kaupunkivaikutus Research Collaboration Tackles Urban Challenges in Helsinki Metropolitan Area

(IN BRIEF) The Kaupunkivaikutus project, a research collaboration between the cities of Helsinki, Espoo, and Vantaa, the University of Helsinki, and Aalto University, aims to tackle critical urban issues such as climate adaptation, education equity, and transportation efficiency. With a … Read the full press release

Outokumpu Converts EUR 9.5 Million of Convertible Bonds into Shares

(IN BRIEF) Outokumpu has converted EUR 9,500,000 of its senior unsecured convertible bonds into 3,578,962 new shares, with no change to the total number of outstanding shares. After the cancellation of treasury shares, Outokumpu will hold 28,123,822 treasury shares. The … Read the full press release

ANDRITZ to Upgrade Tangsteel’s Continuous Galvanizing Line for Enhanced Automotive Steel Production

(IN BRIEF) ANDRITZ has secured an order to upgrade and modernize Tangsteel’s No. 5 Continuous Galvanizing Line in Tangshan, China. The upgrade will enhance the line’s ability to produce higher steel grades for automotive applications and improve operational efficiency. Commissioning … Read the full press release

ANDRITZ to Showcase Digital Innovations and Sustainable Solutions at LIGNA 2025

(IN BRIEF) ANDRITZ will present its latest innovations at LIGNA 2025, focusing on the ANDRITZ Smart Die, a tool designed to optimize pellet mill efficiency through real-time data analysis. The company will also showcase its extensive product portfolio, including solutions … Read the full press release

STMicroelectronics Expands Lab-in-Fab Initiative to Advance Piezoelectric MEMS Technology in Singapore

(IN BRIEF) STMicroelectronics has expanded its “Lab-in-Fab” initiative in Singapore, partnering with ASTAR IME, ULVAC, ASTAR IMRE, and NUS to advance environmentally friendly piezoelectric MEMS technology. This collaboration aims to accelerate the development and commercialization of next-generation devices for personal … Read the full press release

Stefan Mecha to Succeed Carsten Intra as Chairman of Volkswagen Commercial Vehicles, Effective July 2025

(IN BRIEF) Volkswagen Commercial Vehicles has appointed Stefan Mecha as the new Chairman of the Board of Management, effective July 1, 2025. Mecha succeeds Prof. Dr. Carsten Intra, who is retiring after leading the brand through a period of growth, … Read the full press release

Arkema Partners with Honeywell to Deliver Next-Generation Low-GWP Refrigerants for HVACR Solutions

(IN BRIEF) Arkema is expanding its portfolio of low-GWP refrigerants with new HFO blends under its Forane® brand. In collaboration with Honeywell, Arkema is responding to increased demand for refrigerants in the HVACR industry, offering solutions that align with the … Read the full press release

Equinor’s Empire Wind Project Moves Forward, Construction Resumes Following BOEM Approval

(IN BRIEF) Empire Offshore Wind LLC, a subsidiary of Equinor ASA, has resumed construction on the Empire Wind project after the Bureau of Ocean Energy Management lifted the stop work order. The project, which is more than 30 percent complete, … Read the full press release

Rolls-Royce Celebrates Delivery of 9,000th Jet Engine from Dahlewitz Facility, Marking Key Milestone

(IN BRIEF) Rolls-Royce marks a major production milestone with the delivery of its 9,000th engine from the Dahlewitz facility. The Pearl 700 engine will power a Gulfstream G700, further solidifying the site’s role as a Centre of Excellence for two-shaft … Read the full press release

Rolls-Royce and Sanlorenzo Extend Partnership with Supply of mtu Engines and Systems Through 2028

(IN BRIEF) Rolls-Royce and Sanlorenzo have signed a framework agreement extending their partnership through 2028, ensuring the continued supply of mtu propulsion systems, SCR systems, and automation for over ten yacht models. The collaboration underscores both companies’ commitment to sustainability, … Read the full press release

Rolls-Royce Marks Milestone with 1,500th CorporateCare Enhanced Service Contract

(IN BRIEF) Rolls-Royce has reached a significant milestone, signing its 1,500th CorporateCare Enhanced service contract since the program’s inception in 2019. The service offers comprehensive coverage, financial and operational benefits, and priority access to Rolls-Royce’s global services infrastructure, making it … Read the full press release