Daily Archives: 2, July 2025

EIB Invests €21 Million in DanAds to Democratize Premium Ad Inventory for SMEs

(IN BRIEF) The European Investment Bank is extending a €21 million venture debt loan to adtech firm DanAds to scale its self-serve, AI-powered platform that automates ad sales directly within publisher websites. This financing, under InvestEU, will enable DanAds to … Read the full press release

E.ON and MM Neuss Launch Europe’s First Fully Automated, Market-Driven CHP Plant

(IN BRIEF) E.ON and MM Neuss have inaugurated a pioneering 22 MW electrical/59 MW thermal CHP plant at the Neuss cartonboard factory. The facility—integrating 91 percent fuel efficiency, market-driven automation via E.ON IQ Energy®, and a hydrogen-ready design—will slash CO₂ … Read the full press release

Hexagon Divests Non-Core US Federal and Geospatial Service Assets to Bart & Associates

(IN BRIEF) Hexagon AB is divesting non-core elements of its SIG division—mainly U.S. Federal IT services, geospatial data production, ruggedized hardware, and a niche API reseller business—to Bart & Associates. These units contributed about USD 90 million in 2024 revenues. … Read the full press release

RWE and KRONOS TITAN Sign PPA for 24.7 MWp Solar Farm to Power Nordenham Site

(IN BRIEF) RWE and KRONOS TITAN have entered a PPA-based collaboration to erect a 24.7 MWp ground-mounted solar farm on a 20 hectare site at KRONOS’s Nordenham facility. With roughly 38,200 photovoltaic modules expected to generate about 22,000 MWh per … Read the full press release

Prudential and Prudence Foundation Launch Free Mental Health Support in Malaysia and Vietnam

(IN BRIEF) Prudential plc and its Prudence Foundation have partnered with Intellect to launch Talk It Out, a free mental health programme for underserved groups in Malaysia and Vietnam. Through the Intellect app—available in six local languages—users access self-help modules, … Read the full press release

Daimler Truck to Supply CKD Kits for New Mercedes-Benz Assembly Plant in Senegal

(IN BRIEF) Daimler Truck, the Republic of Senegal, and Global Truck Systems have signed a letter of intent to create a Mercedes-Benz truck assembly plant in Senegal, with production slated to commence in 2026. Daimler Truck will supply CKD kits … Read the full press release

Adyen and medicalforce Unite to Simplify In-Clinic Payments with One-Click Integration

(IN BRIEF) Adyen has been chosen by medicalforce Inc. to add in-person POS payments to its all-in-one clinic management SaaS. Previously limited to online credit-card transactions, medicalforce’s platform will now send invoice amounts directly to Adyen terminals via a single … Read the full press release

European TSOs Launch Alliance to Drive Innovative Weather-Resilient Grid Solutions

(IN BRIEF) Eight leading European transmission grid operators have established the TSO Innovation Alliance to jointly accelerate innovation in the electricity sector. The Alliance’s first initiative, “Weather and Grid Resilience,” will invite startups to develop data-pooling platforms and real-time probabilistic … Read the full press release

Swedbank Acquires Digital Mortgage Specialist Stabelo to Reach Younger, Tech-Savvy Borrowers

(IN BRIEF) Swedbank will acquire Stabelo, a fully digital mortgage credit institution, to expand its mortgage offerings and reach new customer segments. Stabelo’s technology-driven processes and partnership distribution complement Swedbank’s existing capabilities. The initial price tag is SEK 350 million, … Read the full press release

Sweco Deepens Luxembourg Footprint by Acquiring PROgroup and +ImpaKT to Boost Circular Economy Consulting

(IN BRIEF) Sweco has signed agreements to purchase Luxembourg consultancies PROgroup and +ImpaKT, adding approximately 40 experts to its existing local team of 110. PROgroup offers comprehensive project management for sustainable real estate and urban developments based on circular economy … Read the full press release

EMPA and Max Planck Decode Squirrel Tail Scales to Inspire Agile Bionic Robots

(IN BRIEF) Empa’s Soft Kinetic group and the Max Planck Institute for Intelligent Systems have, for the first time, dissected the physics behind the thorn-covered tail scales of African scaly-tailed squirrels, revealing how these subcaudal spines deliver enhanced grip and … Read the full press release

BBVA’s Investor Relations Team Sweeps Industry Awards and Garners Best Buy-Side Management Honor

(IN BRIEF) BBVA’s Investor Relations team and senior management were honored with multiple prestigious awards by the investment community, underscoring their commitment to clear and transparent communication with institutional investors. The bank achieved Top 10 rankings in key areas—Best CEO, … Read the full press release

Triton’s Advisory Funds Spin Off Bosch Security Unit into Independent Keenfinity Group

(IN BRIEF) Triton’s advisory funds have concluded the acquisition of Bosch’s security and communications technology product business, now rebranded as Keenfinity Group, effective 1 July 2025. Keenfinity brings to market an integrated suite of video surveillance, access control, intrusion detection … Read the full press release

M&S Invests £300 Million in 37 New, Extended and Refreshed Stores Across the UK

(IN BRIEF) Marks & Spencer is fast-tracking its store refresh and expansion strategy by committing over £300 million to open 16 new outlets, extend nine existing stores and fully renew 12 sites during the current financial year. All locations will … Read the full press release

CACEIS Wins Mandate to Administer Syz Asset Management’s CHF 3 Billion Fund Portfolio

(IN BRIEF) CACEIS has been appointed by Syz Asset Management to handle custody, fund administration, and transfer agency for all of Syz’s funds, which total over CHF 3 billion. The Swiss asset manager—renowned for its bond and money-market expertise with … Read the full press release

ScottishPower’s Half Price Weekends Wins Top Award for Transforming Customer Energy Habits

(IN BRIEF) ScottishPower’s “Half Price Weekends” initiative, offering customers 50% off electricity every Saturday and Sunday from 11 am to 4 pm, has won the Behaviour Change Campaign of the Year Award at the 2025 UK Green Business Awards. Launched … Read the full press release

Greece’s Largest Highway Solar Network Goes Live on Olympia Odos

(IN BRIEF) Olympia Odos has inaugurated Greece’s largest solar installation along a motorway, deploying 10 MWp of photovoltaic panels across 19 sites in Achaia, Corinth and Western Attica. Financed and constructed in under two years via the concession model, the … Read the full press release

FrieslandCampina Ingredients President Ermens to Retire After 42 Years; Lindeboom Named Successor

(IN BRIEF) FrieslandCampina Ingredients President Herman Ermens will retire on 1 October 2025 after a 42-year career marked by innovation, quality improvements, and team building. Anne Peter Lindeboom, currently Managing Director Innovation for the Ingredients group, will assume the presidency. … Read the full press release

Zalando Gains EU Approval and Tops 90% Stake in ABOUT YOU with €6.50 Offer

(IN BRIEF) Zalando SE has secured clearance from the European Commission for its voluntary takeover offer and related share purchase agreements concerning ABOUT YOU Holding SE, clearing the last regulatory hurdles for the transaction. The deal will be settled on … Read the full press release

UniCredit and Rise Europe Join Forces to Cultivate Europe’s Next Generation of Startup Leaders

(IN BRIEF) UniCredit and Rise Europe have entered into a strategic partnership designed to strengthen Europe’s startup ecosystem and drive regional competitiveness. Leveraging UniCredit’s extensive 13-country footprint and corporate networks, the collaboration aims to support Rise Europe’s expansion, help promising … Read the full press release