Daily Archives: 7, May 2026

Italian Industrial Companies Sign New Solar Power Agreements with Iberdrola Under Energy Release 2.0

(IN BRIEF) Iberdrola has reached 5 million megawatt hours of electricity sold in Italy through long-term renewable energy power purchase agreements after signing five new contracts with major industrial companies in sectors including chemicals, manufacturing and food and beverage production. … Read the full press release

M&S Expands Lower-Strength Beer Portfolio as Consumer Demand for Alcohol Moderation Grows

(IN BRIEF) Marks & Spencer is expanding its mid-strength alcohol range with the launch of four new lower-strength own-label beers across its UK Foodhall stores. The products, ranging from 2.8 percent to 3.2 percent ABV, include two shandies and two … Read the full press release

Roche Expands Digital Pathology Strategy with Acquisition of AI Diagnostics Company PathAI

(IN BRIEF) Roche has agreed to acquire PathAI to strengthen its digital pathology and AI-powered diagnostics capabilities. The deal builds on an existing partnership between the companies focused on AI-enabled companion diagnostics and pathology solutions. Roche said the acquisition will … Read the full press release

Schneider Electric Joins World Economic Forum Initiative to Accelerate Industrial Digital Transformation

(IN BRIEF) Schneider Electric has joined the advisory board of the World Economic Forum’s new Lighthouse Operating System initiative, an open-source framework designed to help manufacturers scale digital transformation and operational excellence. Developed using insights from the World Economic Forum’s … Read the full press release

UniCredit Accelerates Russia Exit Strategy Through Planned Partial Sale of AO Bank Operations

(IN BRIEF) UniCredit has signed a non-binding agreement to divest part of its Russian subsidiary operations through a transaction involving a UAE-based private investor. The proposed deal would split AO Bank into two entities, with UniCredit retaining ownership of a … Read the full press release

Achmea Unifies Distribution Operations Across Brands to Strengthen Customer Experience Strategy

(IN BRIEF) Achmea plans to merge the distribution organisations of its major brands into a single central division as part of its Strategy 2030 transformation programme. The restructuring will combine activities including marketing, commerce, customer service and digital customer journeys … Read the full press release

Voith to Modernize Aquakraft Containerboard Mill in Turkey with Major PM 2 Rebuild Project

(IN BRIEF) Voith will modernize the PM 2 containerboard production line at Aquakraft Kağıt ve Ambalaj’s Ferizli mill in Turkey through a comprehensive rebuild project scheduled for completion in 2027. The upgrade is expected to increase production capacity by around … Read the full press release

Uwe Zulehner to Lead Voith Hydro North America as Renewable Energy Demand Continues to Grow

(IN BRIEF) Voith Hydro has appointed Uwe Zulehner as President and CEO of its North American operations based in York, Pennsylvania. Zulehner brings more than 25 years of international leadership experience across the engineering, mining, metals and energy sectors, including … Read the full press release

EnBW Highlights Record Energy Transition Investments and Renewable Growth at 2026 Annual General Meeting

(IN BRIEF) EnBW Energie Baden-Württemberg AG used its 2026 Annual General Meeting to highlight record investments, strong earnings and its long-term strategy for Germany’s energy transition. The company invested €7.6 billion in 2025, primarily into renewable energy, electricity and gas … Read the full press release

Svenska Kraftnät Selects AFRY to Support Development of Critical Electricity Transmission IT Systems

(IN BRIEF) AFRY has signed a new framework agreement with Svenska Kraftnät to provide IT services supporting the modernization and expansion of Sweden’s electricity transmission system. AFRY was selected as one of six final suppliers through a two-stage procurement process. … Read the full press release

OMV Invests EUR 65 Million in New Austrian Innovation Hub to Accelerate Sustainable Technology Development

(IN BRIEF) OMV is investing EUR 65 million in the construction of the OMV Innovation Hub Schwechat in Austria, a new research and development center designed to accelerate the company’s technological transformation and climate neutrality strategy. Construction progress has reached … Read the full press release

Eneco and TIG Sports & Events Unveil Long-Term Partnership to Develop Sustainable Cycling Platform

(IN BRIEF) Eneco is returning to professional cycling sponsorship after ten years as the title sponsor of the newly renamed Eneco Tour, which will replace the Tour of Holland from 2026 onward. The event will also integrate the Simac Ladies … Read the full press release

French Nuclear Group Orano Extends Leadership of Claude Imauven Amid Growing Energy Security Focus

(IN BRIEF) Orano has announced the re-appointment of Claude Imauven as Chairman of its Board of Directors following approval by decree of the President of the French Republic. The renewal of his mandate follows a recommendation by the Board and … Read the full press release

Ahlstrom Reports Improved Profitability and Record First Quarter EBITDA Margin Amid Strategic Transformation Efforts

(IN BRIEF) Ahlstrom reported improved financial and operational performance for the first quarter of 2026, supported by acquisitions, operational improvements and strategic restructuring initiatives. The company posted stable reported net sales of EUR 738 million, while constant currency sales increased … Read the full press release

ABN AMRO Warns of Widening Housing Gap Between Homeowners, Renters and First-Time Buyers in the Netherlands

(IN BRIEF) ABN AMRO has found that despite an overall improvement in housing affordability across the Netherlands between 2019 and 2025, major differences are emerging between homeowners, first-time buyers and renters. The bank’s latest Housing Market Monitor shows that existing … Read the full press release

Henkel Maintains 2026 Outlook Following Strong Performance in Adhesives and Consumer Brands Businesses

(IN BRIEF) Henkel reported organic sales growth of 1.7 percent in the first quarter of fiscal 2026, supported by positive price and volume development across both its Adhesive Technologies and Consumer Brands divisions. Group sales reached approximately EUR 5.0 billion, … Read the full press release

Bergslagets Skogar Set to Become Europe’s Largest Listed Pure-Play Forest Company Following Stora Enso Separation

(IN BRIEF) Stora Enso has announced Bergslagets Skogar as the new name for its planned standalone Swedish forest asset company ahead of its expected public listing in 2027. The company will manage more than 1.2 million hectares of sustainably managed … Read the full press release

Stora Enso Announces 2027 Financial Reporting Schedule and Annual General Meeting Date

(IN BRIEF) Stora Enso has released its 2027 financial reporting calendar, confirming publication dates for its annual financial statement and quarterly interim reports throughout the year. The company will issue its Financial Statement release for 2026 on 11 February 2027, … Read the full press release

Stora Enso Continues Strategic Transformation While Managing Rising Geopolitical and Operational Pressures

(IN BRIEF) Stora Enso reported stable first-quarter 2026 sales of EUR 2.358 billion while adjusted EBIT declined 9 percent to EUR 159 million amid continued market weakness, foreign exchange impacts and operational ramp-up costs at its Oulu production site in … Read the full press release

Accenture to Help Reinvent WTA Digital Infrastructure and Athlete Services Across Global Tennis Tour

(IN BRIEF) Accenture and Women’s Tennis Association have entered a multi-year partnership focused on transforming the digital infrastructure behind women’s professional tennis through technology, AI and data-driven innovation. As part of the agreement, Accenture will help modernise the WTA Player … Read the full press release