(IN BRIEF) Following a May 2025 MoU focused on Maritime domain cooperation—including vessel support, strike missiles, surveillance systems, and frigate deliveries—BAE Systems and Kongsberg signed a secondary MoU in July 2025 to extend their partnership into the Air domain. This … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, Marketing, News, Norway, Security & Safety, Technology, Transportation & Logistics, United Kingdom
Tagged advanced materials, Air domain, BAE Systems, defence collaboration, KONGSBERG, Maritime domain, maritime surveillance, Memorandum of Understanding, mission support, NATO, Norway, partnership, research and technology, strike missiles, targeting systems, through-life support, training solutions, Type 26 Frigates, UK, uncrewed air systems, Vanguard vessel system
(IN BRIEF) Sunly will build four solar parks in Latvia totaling 329 MW capacity—54 MW in Valmiera, 90 MW in Krāslava, 81 MW in Madona, and 104 MW in Saldus—using €85 million in loans from EIB, EBRD, and SEB. Completion … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Latvia, Luxembourg, Management, Marketing, News, Technology, United Kingdom
Tagged 329 MW, Barkava, battery storage systems, Climate Action, Dagda, EBRD, EIB, energy security, European Bank for Reconstruction and Development, European Investment Bank, Grzegorz Zieliński, hybrid renewable energy, Ints Krasts, InvestEU, Latvia, Matīši, non-recourse financing, partnership, SEB, solar parks, Sunly, sustainability, Thomas Östros, Toms Nāburgs, wind integration, Zirņi
(IN BRIEF) Societe Generale will elevate Jerome Niddam to CEO of its Asia Pacific business on 1 September 2025, subject to regulatory clearance. Reporting to Co-Heads Anne-Christine Champion and Alexandre Fleury, Niddam joins the Group’s Management Committee and follows Cecile … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Investment, Management, Marketing, News, Technology
Tagged Alexandre Fleury, Anne-Christine Champion, appointment, Asia Pacific, Cécile Bartenieff, Chief Executive Officer, Cross Asset Solutions, Equity derivatives, financial engineering, Global Banking and Investor Solutions, global markets, Jerome Niddam, leadership, management committee, partnership, regulatory approval, SOCIÉTÉ GÉNÉRALE
(IN BRIEF) Kevin Devlin will become Chairman of Encavis’s Supervisory Board on 1 August 2025, succeeding Dr. Johannes Teyssen, who oversaw the company’s transition after its acquisition by a KKR-led consortium and will now serve as Deputy Chairman. Devlin’s election, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged Abacon, Annual General Meeting, appointment, CEO, Deputy Chairman, Encavis, Hamburg court, Johannes Teyssen, Kevin Devlin, KKR consortium, leadership, Mario Schirru, renewable energy, squeeze-out, strategic partnership, Supervisory Board Chairman, take-private process, Viessmann
(IN BRIEF) Schaeffler’s Hands Free Access Sensor delivers contactless opening and closing of trunks and sliding doors using 24 GHz Doppler radar to detect targeted hand or foot gestures within 60 cm. Produced at scale since late 2024 for leading … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, Marketing, News, Technology, Transportation & Logistics
Tagged 24 GHz radar, AI calibration, bumper integration, chassis mount, contactless access, Control Motion, Doppler technology, Hands Free Access Sensor, IAA MOBILITY 2025, LIN interface, Motion Technology Company, Schaeffler, single-screw installation, sliding doors, trunk opening
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