Daily Archives: 1, August 2025

Commerzbank Welcomes 400 Trainees and Dual-Study Students in Germany on 1 August 2025

(IN BRIEF) On 1 August 2025, Commerzbank welcomes around 400 trainees and dual-study students across its German branches, meeting its recruitment goal for 2025. CHRO Sabine Mlnarsky highlighted the bank’s commitment to attracting and retaining young talent as essential for … Read the full press release

LBBW Unifies €63 Billion Real Estate Finance Arm Under Berlin Hyp Brand

(IN BRIEF) Effective 1 August 2025, LBBW has finalized the integration of its commercial real estate finance business by rebranding and consolidating it as Berlin Hyp—a standalone division with a €63 billion portfolio. This alignment follows LBBW’s acquisition of Berlin … Read the full press release

Statkraft Sells Canadian Renewables Portfolio to Atlantica Sustainable Infrastructure

(IN BRIEF) Statkraft will sell its Canadian renewables arm, Enerfín Canada, to Atlantica Sustainable Infrastructure Ltd. The deal, expected to close by year-end 2025, encompasses two operating wind farms (236 MW), a 0.8 GW wind and solar development portfolio, and … Read the full press release

CVC and PAG Forge Equal Partnership to Drive Growth at Australian Venue Co.

(IN BRIEF) CVC Capital Partners Asia VI has acquired a 45% share in Australian Venue Co. from PAG, creating an equal ownership split between the two private equity firms, with AVC’s management retaining 10%. The transaction injects fresh capital into … Read the full press release

Alfa Laval VO30 Centrifuge Boosts Qorteba Refinery Output by 1,200 Tonnes Annually

(IN BRIEF) At Qorteba oil refinery in southern Spain, Alfa Laval’s VO30 centrifuge unit with an erosion-resistant liner has eliminated unplanned stoppages, increased processing capacity by 1,200 tonnes annually, and cut maintenance costs by 94 percent since its 2023 installation. … Read the full press release

New Holland Teams Up with META Group to Deliver Advanced Farming Solutions in Uganda

(IN BRIEF) New Holland has appointed META Plant & Equipment Uganda Ltd, part of the META Group’s pan-African dealership network, as its official distributor in Uganda. META Group, active in seven countries since 2011, offers agricultural, construction, and material-handling equipment … Read the full press release

BBVA Channels €63 Billion into Green and Social Finance in H1 2025, Sets New Q2 Record

(IN BRIEF) In H1 2025, BBVA allocated around €63 billion to sustainability initiatives—a 48 percent rise year-on-year—including a record €30 billion in Q2 alone. Climate change and natural-capital projects accounted for 76 percent of the total, with social-impact ventures making … Read the full press release

Daniel Wood to Steer ABL’s Maritime Growth Across Europe and West Africa

(IN BRIEF) On 1 August 2025, Daniel Wood succeeds Paul Martin as Managing Director, Maritime for Europe & West Africa at ABL. With over 30 years’ experience—20 years at sea on naval and cruise vessels, a decade managing ports and … Read the full press release

Fincantieri Unveils 54,300 GT Viking Mira as Part of Expanded 28-Ship Ocean Fleet

(IN BRIEF) Fincantieri’s Ancona shipyard today launched the Viking Mira, a 54,300 GT cruise ship scheduled to commence operations in spring 2026 across the Mediterranean and Northern Europe. The ceremony, led by Gilberto Tobaldi and Gastone Lazzari, marked the vessel’s … Read the full press release

Iberdrola Unloads 2.6 GW of Mexican Generation to Finance €55 Billion Network Expansion

(IN BRIEF) Iberdrola will sell 2.6 GW of power generation assets in Mexico—comprising 15 plants and development projects—at US $1.6 million per MW, with up to US $4.2 billion in contingent payments tied to future project completions. The transaction, together … Read the full press release

Heidelberg Materials North America to Acquire BURNCO Assets, Expanding Edmonton Footprint

(IN BRIEF) Heidelberg Materials North America has agreed to purchase the assets of family-owned BURNCO Rock Products Ltd. in Edmonton, Alberta. The deal includes six aggregate sites, two asphalt plants, a bitumen storage terminal, three ready-mix concrete facilities, and one … Read the full press release

Bonafarm Group to Acquire FrieslandCampina’s Romanian Dairy Operations and Napolact Brand

(IN BRIEF) FrieslandCampina has signed an agreement to sell its Romanian subsidiary—including the Napolact brand and production sites in Cluj-Napoca and Târgu Mureș—to Bonafarm Group. The divestment stems from a strategic evaluation aimed at focusing on core European markets, high-margin … Read the full press release

Arvato Systems Earns AWS Digital Sovereignty Competency to Elevate Data Control for Enterprises

(IN BRIEF) Arvato Systems has attained the AWS Digital Sovereignty Competency, recognizing its proficiency in crafting cloud solutions that ensure clients retain control over data residency, access, and infrastructure resilience. The company’s multicloud approach allows customers to decide whether their … Read the full press release