(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has extended a loan of PLN 58.9 million (€13.7 million) to Nrep Nordic Strategies Fund IV’s Polish subsidiary to facilitate the development of residential housing in Poland. This funding will … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Poland, Real Estate, United Kingdom
Tagged EBRD, Nrep's Innovative Housing Concept, Nrep's Noli Studios, partnership, Poland, sustainability
(IN BRIEF) The European Investment Bank (EIB) has finalized a €215 million loan agreement with the regional government of Andalusia to co-finance social, green, and digital investment initiatives in the Spanish region. This funding, part of the EU operational programme … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Spain
Tagged Andalusia, European Investment Bank, partnership, Regional Development Projects, SMEs, sustainability
(IN BRIEF) Katya Somohano Silva has been appointed as the CEO of Iberdrola Mexico, tasked with leading the company’s new phase of growth in the country. Backed by the support of the Iberdrola Group and a dynamic local team, Somohano … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Spain
Tagged appointment, CEO, Iberdrola Mexico, Ignacio Galán, Katya Somohano Silva, leadership
(IN BRIEF) VINCI Concessions, through its subsidiary VINCI Highways, has completed the purchase of NWP HoldCo LLC, securing full ownership of Northwest Parkway, a crucial 14 km tolled segment of the Denver ring road in Colorado, USA, for approximately $1.2 … Read the full press release
(IN BRIEF) Svenska kraftnät, the Swedish state-owned enterprise, is embarking on an ambitious project called NordSyd to enhance the transmission network between electricity areas 2 and 3, aimed at facilitating the energy transition. AFRY has secured the contract for constructing … Read the full press release
(IN BRIEF) The Philips Museum in Eindhoven, Netherlands, is set to unveil its new exhibition, ‘brAInpower,’ on April 20th, focusing on artificial intelligence (AI) and its impact, particularly in healthcare. Through interactive elements, rare collection pieces, and informative videos, visitors … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Healthcare, Industrial, Investment, Management, Media, Netherlands, News, Science, Technology
Tagged brAInpower, Healthcare, Interactive AI Exhibition, Philips, Philips Museum, Shez Partovi
(IN BRIEF) Researchers at the Institute for Atmospheric and Earth System Research (INAR) at the University of Helsinki have discovered that modern weather models accurately predict the energy emitted and reflected by the Earth, affecting the movements of low Earth-orbiting … Read the full press release
Posted in Aviation & Aerospace, Business, Education, Environment, Financial, Finland, Industrial, Investment, Management, News, Science, Technology
Tagged Institute for Atmospheric and Earth System Research (INAR), Modern Weather Models, partnership, Sanam Motlaghzadeh, Satellite Movement Predictions, sustainability, University of Helsinki
(IN BRIEF) A.P. Moller – Maersk (Maersk) has announced a significant upgrade to its ME2 ocean service, now including port calls to key destinations in North Europe such as Rotterdam, Felixstowe, and Bremerhaven. This strategic extension aims to benefit North … Read the full press release
(IN BRIEF) Bang & Olufsen’s commitment to reducing greenhouse gas emissions has been validated by the Science Based Targets initiative (SBTi), affirming their alignment with the 1.5-degree pathway from the Paris Agreement. With aims to achieve Net-Zero across their value … Read the full press release
(IN BRIEF) An international research group, led by Professor Stefan Feuerriegel from LMU, is pioneering the application of causal machine learning (ML) in medical diagnostics and therapy. Published in Nature Medicine, their study asserts that causal ML has the potential … Read the full press release
(IN BRIEF) The University of Liverpool has secured £1.3m in funding to support the UK Government’s Fleming Fund Fellowship Programme, aimed at addressing antimicrobial resistance (AMR) in partner countries. Led by Professor Alison Holmes, the program will provide mentorship and … Read the full press release
Posted in Business, Education, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Science, United Kingdom
Tagged antimicrobial resistance, Dr Derek Cocker, Dr Kat Stott, Dr Steve Aston, Fleming Fund Programme, Nigeria, partnership, Professor Alison Holmes, Sierra Leone, sustainability, University of Liverpool
(IN BRIEF) The University of Liverpool has joined forces with government stakeholders in Kenya to launch a groundbreaking initiative aimed at tackling the adverse health effects of household air pollution (HAP). Through the Memorandum of Understanding (MoU), the TABLE-HAP program … Read the full press release
(IN BRIEF) The UK Ministry of Defence (MoD) has placed an order for six Airbus H145 helicopters, marking a strategic move towards fleet modernization and consolidation. These helicopters, designated for deployment in Cyprus and Brunei, will replace existing Airbus Pumas, … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, France, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics, United Kingdom
Tagged Airbus, H145 helicopter, Lenny Brown, partnership, sustainability, UK Ministry of Defence
(IN BRIEF) The Düsseldorf Marathon, sponsored by international energy company Uniper, is set to make a triumphant return to the city on April 27, 2025, after a hiatus of six years. With Uniper’s support and the full organizational reins taken … Read the full press release
Posted in Business, Energy, Gas & Oil, Entertainment, Financial, Germany, Government, Industrial, Investment, Management, Media, News
Tagged Burkhard Hintzsche, Dr. Stephan Keller, Düsseldorf Marathon, event, Michael Lewis, partnership, Uniper
(IN BRIEF) Daimler Truck’s latest brand, RIZON, announces the Canadian launch of its battery-electric Class 4-5 trucks, marking a significant step towards electrification in the transportation sector. With its debut at Truck World in Toronto and preorders opening in June … Read the full press release
(IN BRIEF) In celebration of Earth Day, ZWILLING collaborates with Outokumpu to launch a special edition knife block set crafted with Circle Green Dura stainless steel, embodying sustainability and style. The initiative underscores Outokumpu’s commitment to reducing carbon emissions in … Read the full press release
Posted in Business, Environment, Finland, Industrial, Management, Metals and Minerals, News
Tagged Christian Koch, Circle Green® Steel, Earth Day, Knife Set, Outokumpu, partnership, STAHL KREBS, sustainability, ZWILLING
(IN BRIEF) ANDRITZ, an international technology group, and Trinity Touch Pvt. Ltd., a leading provider of electrical monitoring solutions for solar power plants, have joined forces in a strategic partnership aimed at enhancing efficiency and security in the solar energy … Read the full press release
(IN BRIEF) In a landmark move towards sustainable transportation, the Nordic Investment Bank (NIB), the European Investment Bank (EIB), and LTG Link have sealed a financing deal to procure electric and battery-powered trains. With loans totaling €200 million, nine electric … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Transportation & Logistics
Tagged Egidijus Lazauskas, EIB, Electric Train, Jeanette Vitasp, Lithuania, LTG Link, Marius Skuodis, NIB, partnership, Rail Revolution, sustainability, Thomas Östros
(IN BRIEF) AIXTRON, renowned for its semiconductor deposition equipment, secures the prestigious German Innovation Award, topping the large companies’ category. Recognized for innovations driving Germany’s competitiveness and addressing global challenges, AIXTRON’s latest G10 product family heralds a new era in … Read the full press release
Posted in Awards, Germany, Industrial, Technology
Tagged AIXTRON, AIXTRON SE, Compound semiconductors, decarbonization, digitization, Dr. Felix Grawert, GaAs, Gallium Arsenide, gallium nitride, GaN, German Innovation Award, Green technology, Prof. Dr. Michael Heuken, Semiconductor industry, SIC, silicon carbide
(IN BRIEF) Siemens and BILT are pioneering a groundbreaking approach to electrician training by optimizing their 3D Intelligent Instructions for Apple Vision Pro. As the demand for skilled electricians rises, effective training becomes crucial. Leveraging BILT on Apple Vision Pro, … Read the full press release
Posted in Artificial Intelligence (AI), Education, Electronics & Machinery, Industrial, Switzerland, Technology
Tagged 3D Intelligent Instructions, Andreas Matthé, Apple Vision Pro, BILT, digitalization, Electrician training 3D Intelligent Instructions, Hannover Messe, Immersive learning, Industry innovation, Nate Henderson, Peter Koerte, Siemens, Siemens Xcelerator Ecosystem, Spatial models, t Siemens Smart Infrastructure, Xcelerator Ecosystem
(IN BRIEF) The European Investment Bank (EIB) and the Government of Ukraine have solidified a strategic collaboration to bolster Ukraine’s reconstruction, recovery, and integration with the EU. This partnership, marked by a new memorandum of understanding (MoU), pledges €560 million … Read the full press release
Posted in Banks, European Union, Financial, Government, Infrastructure & Utilities, Investment, Luxembourg, Ukraine
Tagged EIB, EU for Ukraine Initiative, EU funding, EU integration, EU4U Initiative European Union funding, European Investment Bank, Nadia Calviño Denys Shmyhal Valdis Dombrovskis, SMEs, UKRAINE
(IN BRIEF) Ingka Group, the leading IKEA retailer, is embarking on an ambitious expansion journey by opening new IKEA stores and customer meeting points in various locations worldwide. In Switzerland, a modern IKEA store opened in Riddes, featuring innovative sustainability … Read the full press release
Posted in Business, Netherlands, Retail, Switzerland
Tagged CHINA, Cindy Andersen, IKEA retailer, IKEA store, IKEA Xi’an Yanta, Ingka Group, Livat meeting place, Riddes, Switzerland, Tolga Öncu, Xi’an
(IN BRIEF) Vonk en Co BV, an international haulage company specializing in white goods transportation, has recently integrated seven new Mercedes-Benz Ategos into its fleet, totaling 13 vehicles. These Ategos, equipped with box bodies, replace older trucks and are expected … Read the full press release
(IN BRIEF) Sandvik has clinched a significant order worth around SEK 170 million from Mongolyn Alt MAK LLC to supply five cable-electric DR410iE drill rigs for deployment at the Tsagaan Suvarga Project in Mongolia. Scheduled for delivery between the second … Read the full press release
(IN BRIEF) FORVIA HELLA introduces the RokLUME 280N SMART, a groundbreaking work lamp designed for vehicles in mining, construction, and forestry sectors. Controlled via a gateway using Powerline Communication (PLC), this versatile lighting system allows operators to customize lighting according … Read the full press release
Posted in Automotive, Germany, Industrial, Technology
Tagged automotive supplier, FORVIA HELLA, lighting system, RokLUME 280N SMART, Stefan Maierhofer, work lamp, work lighting
(IN BRIEF) DEUTZ, in celebration of its 160th anniversary, initiates the “DEUTZ Greenfield Award” aimed at students and young researchers to foster innovation in sustainable mobility within the off-highway sector. Until May 17, 2024, participants can submit their ideas for … Read the full press release
(IN BRIEF) Scania, the Södertälje-based manufacturer of heavy trucks, reaffirms its dominance in the European Green Truck comparison test, winning the title for the seventh time in eight years. Organized by two German trade magazines, the competition aims to identify … Read the full press release
(IN BRIEF) In a move to enhance operational efficiency and focus on delivering its priorities, bp announces a simplification of its organizational structure. The company will maintain three core businesses – production & operations, gas & low carbon energy, and … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, United Kingdom
Tagged Anja-Isabel Dotzenrath, appointments, BP, Carol Howle, Emeka Emembolu, Emma Delaney, ENERGY, gas, Giulia Chierchia, Gordon Birrell, Kate Thomson, Kerry Dryburgh, leadership, Leigh-Ann Russell, low carbon energy, Mike Sosso, Murray Auchincloss, organisational structure, William Lin
(IN BRIEF) Equinor faced a devastating blow in the first quarter with the loss of a colleague in a helicopter crash, underscoring the paramount importance of safety measures across its operations. While investigations continue into the accident involving Bristow, Equinor … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Norway, Security & Safety
Tagged Equinor, Jannicke Nilsson, Safety Priorities, Tragic Helicopter Accident
(IN BRIEF) Despite facing a challenging economic climate, the Bosch Group showcased growth and profitability in the 2023 business year. With sales reaching 91.6 billion euros and an EBIT margin from operations up by 5.3 percent year-on-year, the company is … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Bosch, economy, Financial, investment, Markus Forschner, Stefan Hartung
(IN BRIEF) Barclays and the Lawn Tennis Association (LTA) have launched a new five-year partnership aimed at getting 150,000 people playing tennis more regularly in parks across Britain. Through the initiative “Barclays Free Park Tennis,” free volunteer-led tennis sessions will … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Sports, United Kingdom
Tagged Barclays, Britain, Clare Balding, Free Park Tennis, Lawn Tennis Association (LTA), partnership, Scott Lloyd, sport, Tom Corbett
(IN BRIEF) Munich Re announces strategic changes to its leadership structure in Asia Pacific, Middle East & Africa (APAC MEA), aimed at bolstering its in-market Underwriting capabilities and refining its regional divisions. The revised setup will prioritize stronger local Underwriting … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Government, Industrial, Insurance, Investment, Management, News
Tagged Achim Kassow, Africa, Ajeet Phatak, appointment, Asia Pacific, Belhassen Tonat, Brian Jinzenji, CHINA, Florian Gruson, Haruka Narahashi, Hitesh Kotak, INDIA, Japan, Joachim Zagrosek, KOREA, leadership, MENA, Michael Hauer, Munich Re, Roland Eckl, Serene Chan, South-East Asia, Surbhi Goel
(IN BRIEF) General Motors (GM) has named BASF as its 2023 Supplier of the Year, marking the 17th time BASF has received this prestigious award in GM’s 32-year history of recognition programs. The award highlights BASF’s commitment to providing high-quality … Read the full press release
Posted in Automotive, Awards, Business, Chemicals, Environment, Germany, Industrial, Management, Media, News, Technology
Tagged 2023 Supplier of the Year, Awards, BASF, General Motors, Jeff Morrison, partnership, sustainability, Uta Holzenkamp
(IN BRIEF) At Hannover Messe 2024, Siemens unveils an array of cutting-edge technologies aimed at fostering sustainable transformation in the industrial sector. Among the highlights are the integration of Siemens Industrial Copilot into various industries, showcased in collaboration with partners … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Cedrik Neike, Hannover Messe 2024, Industrial Transformation, innovations, Klaus Rosenfeld, Matthias Rebellius, NVIDIA, Olaf Scholz, partnership, Rev Lebaredian, Roland Busch, Schaeffler, Siemens, sustainability
(IN BRIEF) Siemens Smart Infrastructure has introduced Electrification X, the latest addition to its Xcelerator portfolio, aiming to revolutionize the transformation of electrification infrastructure. Building upon the success of Building X and Gridscale X, Electrification X offers scalable IoT SaaS … Read the full press release
(IN BRIEF) Škoda Auto is set to debut its latest innovation, the Škoda Vision Gran Turismo concept car, in a digital world premiere on April 24th at 18:00 CEST. Broadcasting live from Prague’s PLAYzone Arena, the event will showcase Škoda’s … Read the full press release
Posted in Automotive, Business, Czech Republic, Entertainment, Financial, Industrial, Investment, Management, News, Technology
Tagged Modernity, ŠKODA AUTO, Škoda Vision Gran Turismo concept car
(IN BRIEF) Allianz Group has finalized the sale of its 51% stake in Allianz Saudi Fransi to Abu Dhabi National Insurance Company (ADNIC), marking a strategic move in its business operations in the Middle East. The transaction, which received regulatory … Read the full press release
(IN BRIEF) Henkel Adhesive Technologies, a global leader in adhesives, sealants, and coatings, has unveiled its innovative digital solution, the ‘Henkel Environmental Assessment Reporting Tool’ (HEART). Developed in collaboration with Henkel’s digital department and Capgemini, HEART automatically calculates the product … Read the full press release
(IN BRIEF) Feka Automotive, a prominent Serbian automotive lighting producer with ties to major global car manufacturers, including Toyota and Volkswagen, is set to undergo a significant expansion with the support of a €15 million loan from the European Bank … Read the full press release
Posted in Automotive, Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Serbia, Technology, United Kingdom
Tagged automotive, EBRD, ENERGY, expansion, Feka Automotive, partnership, SERBIA, Stellantis, sustainability, Toyota, Volkswagen
(IN BRIEF) The Joint Initiative on Circular Economy (JICE), spearheaded by prominent European Union public promotional banks and institutions, has exceeded its initial €10 billion financing goal for circular economy projects, reaching €11.57 billion by the close of 2023. At … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Bank Gospodarstwa Krajowego, Bpifrance, Caisse des Dépôts group, Cassa Depositi e Prestiti, Dario Scannapieco, EIB, Eric Lombard, European Promotional Banks, expansion, Financing Target, Instituto de Crédito Oficial, Joint Initiative on Circular Economy (JICE), José Carlos García de Quevedo, KfW, Nadia Calviño, partnership, Radoslaw Kwiecien, Rinke Zonneveld, Stefan Wintels
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
