(IN BRIEF) Merck has signed an MoU with Gene Therapy Research Institution Co., Ltd. (GTRI) to support the production of gene therapy for Parkinson’s Disease using Merck’s Sf-RVN® Insect Cell Line platform. This collaboration aims to enhance the manufacturing process … Read the full press release
Posted in Business, Education, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Gene Therapy Production, Gene Therapy Research Institution Co. Ltd. (GTRI), Isao Hatano, Japan, Merck, Parkinson's disease, partnership, sustainability
(IN BRIEF) Stora Enso has appointed Niclas Rosenlew as the new Group Chief Financial Officer and Carolyn Wagner as the Executive Vice President of the Packaging Solutions division. Both will join the company by January 2025, bringing extensive experience and … Read the full press release
Posted in Business, Finland, Industrial, Management, News, Technology
Tagged Ad Smit, appointment, Carolyn Wagner, CFO, EVP, Hans Sohlström, leadership, Niclas Rosenlew, packaging solutions, Seppo Parvi, Stora Enso
(IN BRIEF) Stora Enso reported a slight decrease in Q2 2024 sales but saw significant improvements in adjusted EBIT and cash flow. Key highlights include successful value creation and profit improvement programmes, a major investment in the Oulu mill, and … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, News
Tagged Financial, Hans Sohlström, investment, Stora Enso
(IN BRIEF) GKN Aerospace Engines Repair Solutions has expanded its global repair network, adding Leap-1A and Leap-1B Fan Blade repairs to its capabilities and attracting over 30 new customers in 2024. The Johor facility in Malaysia has delivered its 10,000th … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged Engines Repair Solutions, Gerard Coste, GKN Aerospace, Malaysia, partnership, sustainability, USA
(IN BRIEF) GKN Aerospace has committed £4 million to the Airbus-led Sustainable Wing Solutions (SusWingS) programme, a £15 million initiative focused on developing high-performance wing technologies and environmentally conscious manufacturing processes. This partnership, which includes Cranfield University and the University … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, France, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged Airbus, France, GKN Aerospace, investment, John Pritchard, partnership, sustainability, Sustainable Wing Solutions (SusWingS) R&T Programme
(IN BRIEF) Alstom has strengthened its rail capabilities in Türkiye by acquiring Duray Ulasim Sistemleri in Bursa and establishing an Advanced Industrial Center. The new facility, which employs over 200 people, will produce critical rail components and support Alstom’s global … Read the full press release
Posted in Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, Turkey
Tagged acquisition, Africa, Alstom, Bursa, Central Asia, Kerem Bugay, Middle East, Nazlı Zengin, partnership, rail systems, sustainability, Türkiye
(IN BRIEF) Alstom has secured a €4 billion contract to supply and maintain 90 Adessia Stream trains for Germany’s S-Bahn Cologne network. This contract includes a 34-year maintenance agreement and is Alstom’s largest order in Germany. The innovative and accessible … Read the full press release
Posted in Business, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Adessia Stream Trains, Alstom, Germany, Harald Reissner, Michael Vogel, Müslüm Yakisan, Oliver Wittke, partnership, S-Bahn Cologne Network, sustainability
(IN BRIEF) Yara and ATOME PLC have signed a Heads of Terms agreement for the long-term supply of Calcium Ammonium Nitrate from ATOME’s renewable fertilizer production facility in Villeta, Paraguay. This partnership will help decarbonize the fertilizer sector and support … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Government, Industrial, Investment, Management, News, Norway
Tagged ATOME PLC, Chrystel Monthean, Olivier Mussat, Paraguay, partnership, Renewable Fertilizer Project, sustainability, Yara
(IN BRIEF) ANDRITZ has been selected to perform the front-end engineering design (FEED) for a large-scale carbon capture unit at Westenergy’s waste-to-energy plant in Finland. The project, ordered by ECCU Ltd, aims to capture all CO2 emissions from the plant’s … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, FEED of Major Carbon Capture Unit, Finland, Harald Reissner, Olli Alhoniemi, partnership, sustainability, waste-to-energy plant, Westenergy
(IN BRIEF) A new EIB report identifies significant financing barriers for European scale-ups and calls for the development of a comprehensive European capital markets union. Despite support from the EIB Group, scale-ups face challenges in raising capital, leading to slower … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Barriers, Capital Markets Union, Debora Revoltella, EIB, European Scale-Ups, financing, Nadia Calviño, Ursula von der Leyen
(IN BRIEF) Telefónica, in collaboration with Warpcom, Fortinet, and Quantum XChange, has introduced a quantum security solution designed to protect against sophisticated quantum cyberattacks. The solution, ready for global production environment testing, ensures robust, adaptable protection across various network infrastructures. … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Spain, Technology, Telecom
Tagged Bruno Gonçalves, Carl Windsor, cyberattacks, Eddy Zervigon, Fortinet, Iberia, partnership, Patricia Díez Muñoz, Quantum Cybersecurity, Quantum XChange, SECURITY, sustainability, Telefonica, Warpcom
(IN BRIEF) BASF’s NovaFlex GlareControl optical film has been incorporated into Panasonic’s “SHIYUE” study luminaire, achieving the highest performance level for anti-glare properties as set by the China Quality Certification Center. This partnership highlights BASF’s entry into the Asian market … Read the full press release
(IN BRIEF) DWS has appointed Samantha Alexander as Country Officer for the UK, in addition to her role as Chief Operating Officer. Samantha will join the EMEA Leadership Council and oversee UK operations, contributing to DWS’s corporate strategy and managing … Read the full press release
Posted in Business, Economy, Financial, Germany, Government, Industrial, Investment, Management, News, United Kingdom
Tagged appointment, Country Officer, DWS UK, leadership, Samantha Alexander
(IN BRIEF) Vitesco Technologies has commenced large-scale production of its Battery Management Controller (BMC) in Changchun, China, for a leading Chinese automaker’s new electric vehicle models. This component is crucial for EV safety and efficiency, monitoring key battery parameters and … Read the full press release
(IN BRIEF) At the Farnborough International Airshow 2024, Oerlikon and MTU Aero Engines announced the next phase of their collaboration to create a cutting-edge thermal spray factory. The initiative aims for 100% digital traceability, real-time monitoring through digital twins, and … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, United Kingdom
Tagged Farnborough International Airshow 2024, Germany, Markus Zeis, MTU Aero Engines, Oerlikon, partnership, smart factory, sustainability, Switzerland, Toby Middlemiss, UK
(IN BRIEF) Mercedes-Benz Special Trucks and Mörtlbauer have unveiled two hydrogen combustion engine prototypes developed under the “WaVe” project. The Unimog and crawler vehicles have undergone extensive testing, demonstrating the practicality and low emissions of hydrogen combustion engines. The project, … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Armin Mörtlbauer, crawler, Daimler, Franziska Cusumano, Hydrogen Combustion Engine Prototypes, Mercedes-Benz Special Trucks, Mörtlbauer Baumaschinen Vertriebs GmbH, partnership, sustainability, Unimog
(IN BRIEF) MAHLE emphasizes technological diversity to accelerate decarbonization in the transportation sector. The company showcases its expertise in battery electric drives, hydrogen engines, fuel cells, and renewable fuels, with significant contributions to commercial vehicles globally. At the IAA Transportation … Read the full press release
(IN BRIEF) Schroders Greencoat has acquired a UK-based solar portfolio from METLEN Energy & Metals, strengthening its position as the largest manager of ground mount solar farms in the UK, with a total capacity of 1.9 GWp. The portfolio includes … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged acquisition, Greece, Lee Moscovitch, METLEN Energy & Metals, partnership, Schroders, Schroders Greencoat, solar energy, sustainability, UK
(IN BRIEF) A study led by the Scottish Association for Marine Science (SAMS) has discovered that oxygen can be produced in complete darkness at the seafloor, challenging the traditional understanding that oxygen production is solely through photosynthesis. This finding, published … Read the full press release
Posted in Business, Education, Environment, Financial, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged 'Dark Oxygen', Pacific Ocean, Prof Nicholas Owens, Prof. Andrew Sweetman, SAMS, sustainability
(IN BRIEF) A study by the Swiss Academy of Engineering Sciences (SATW), co-authored by Empa researcher Gerrit Kuhlmann, highlights how artificial intelligence (AI) and satellite-based earth observations can help reduce the impact of climate change in Switzerland. The study suggests … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Industrial, Investment, Management, News, Science, Switzerland, Technology
Tagged AI, climate change, Empa, Gerrit Kuhlmann, SATW Study, sustainability, Switzerland
(IN BRIEF) The Dutch Research Council (NWO) has awarded up to 800,000 euros per project in the SSH Open Competition L, aimed at researchers who earned their PhD at least 15 years ago. With over 40 million euros in total … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, Netherlands, News, Science, Technology
Tagged Awards, Experienced Researchers, NWO, SGS, SSH Open Competition L
(IN BRIEF) SGS has awarded OrionStar Robotics with China’s first ISO/IEC 42001 certification for Artificial Intelligence Management Systems. This certification highlights OrionStar’s leadership in AI management, adherence to best practices, and commitment to data privacy and sustainability. The certification ceremony … Read the full press release
Posted in Artificial Intelligence (AI), Awards, Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Investment, Management, Media, News, Security & Safety, Switzerland, Technology
Tagged AI Management Certification, Awards, CHINA, OrionStar Robotics, partnership, sustainability
(IN BRIEF) NIRAS has secured the highest technical score for Lot 2 under the EU’s SEA 2023 Framework Contracts, potentially increasing their hit ratio to 76%. This lot, valued at EUR 25 million, focuses on sustainable natural resources management, including … Read the full press release
Posted in Awards, Business, Construction, Denmark, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Awards, Dirk Güsewell, EU’s SEA 2023 Lot 2, Karen Soboleosky, NIRAS, sustainability
(IN BRIEF) Voith will showcase its innovative solutions for sustainable rail transport at InnoTrans 2024. Key highlights include the CargoFlex Hybrid coupler, which aids the gradual conversion to digital automatic couplers (DAC) for locomotives, and advanced coupling technology for passenger … Read the full press release
(IN BRIEF) EnBW is investing approximately one billion euros to help establish a national hydrogen core network in Germany, part of the future European Hydrogen Backbone. This initiative, planned to be completed by 2032, aims to supply hydrogen to major … Read the full press release
(IN BRIEF) Pearson has appointed Ginny Cartwright Ziegler as its new Chief Marketing Officer, effective July 29, 2024. Ginny, who brings over 30 years of marketing experience from global brands and recently served as CMO for North America at Accenture, … Read the full press release
(IN BRIEF) Merck has joined the “Semiconductor-X” research project, a consortium led by Intel Germany and the Fraunhofer IFF, focusing on the digitalization of semiconductor supply chains to improve resilience and sustainability. The project, funded by the German Federal Ministry … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Intel, Kai Beckmann, Merck, partnership, resilience, Semiconductor Supply Chain, sustainability, USA
(IN BRIEF) Skanska has signed a CZK 1.3 billion contract with The Railway Administration of the Czech Republic to modernize Jihlava-City railway station. The project, which includes new tracks, switches, security systems, barrier-free platforms, and a new station building, aims … Read the full press release
(IN BRIEF) GKN Aerospace has expanded its facility in Chihuahua, Mexico, doubling its size with an 80,000-square-foot addition. This multi-million USD investment will boost the assembly of composite aerostructures and add electrical wiring interconnection systems (EWIS) capabilities. The expansion is … Read the full press release
(IN BRIEF) From September 10 to 14, 2024, KUKA will be showcasing advanced metalworking automation at AMB in Stuttgart. At Booth C71 in Hall 6, KUKA will demonstrate the ease of integrating robots with their KUKA.PLC mxAutomation software and the … Read the full press release
(IN BRIEF) Memorial Hermann Life Flight® has ordered one H160 and four H145 helicopters from Airbus to replace its current EC145 fleet, becoming the first to use the H160 for helicopter emergency medical services (HEMS). Established in 1976, the program … Read the full press release
Posted in Aviation & Aerospace, Business, Financial, France, Government, Healthcare, Industrial, Investment, Management, News, Science, Technology, Transportation & Logistics
Tagged Airbus, Bart Reijnen, Dr. James “Red” Duke, emergency medical services, H145 helicopters, H160, helicopter emergency medical services (HEMS), Memorial Hermann Life Flight, partnership, sustainability, Tom Flanagan, Toni Von Wenkstern, USA
(IN BRIEF) The University of Liverpool has received a £1M donation from Sir Peter Rigby to establish the Sir Peter Rigby Centre for Enterprise. The Centre aims to boost student employability by enhancing enterprise education and entrepreneurial skills, targeting 50,000 … Read the full press release
(IN BRIEF) Unilever has agreed to sell its water purification business, Pureit, to A. O. Smith, a leading global water technology company. Pureit, which operates in countries including India, Bangladesh, Sri Lanka, Vietnam, and Mexico, offers a range of water … Read the full press release
Posted in Business, Commodities, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged A. O. Smith, acquisition, Bangladesh, Eduardo Campanella, INDIA, Kevin J. Wheeler, Mexico, partnership, Pureit, Sri Lanka, sustainability, Unilever, USA, Vietnam, Water Purification Business
(IN BRIEF) EY has announced significant leadership changes in its Asia-Pacific division, appointing Yew-Poh Mak as the new Deputy Managing Partner and Shannon Cotter as the Strategy and Transactions (SaT) Leader, effective July 1, 2024. Mak, previously leading EY’s Strategy … Read the full press release
(IN BRIEF) bp and Castrol have entered into a strategic partnership with Audi for their debut in Formula 1 in 2026. This exclusive collaboration includes the development of FIA-compliant Advanced Sustainable fuels and specialized lubricants for Audi’s F1 power unit. … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sports, United Kingdom
Tagged Adam Baker, Andreas Seidl, Audi, BP, Castrol, Formula 1, Germany, motorsport, partnership, sustainability
(IN BRIEF) Rolls-Royce Power Systems has been awarded a contract by Battery Park Zeewolde (BPZ) to supply a large-scale battery storage system in Zeewolde, Netherlands. The system, featuring a capacity of 32.6 MW and 65.2 MWh, will support energy trading … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, United Kingdom
Tagged Andreas Görtz, Battery Park Zeewolde (BPZ), battery storage system, energy project, Netherlands, Rolls-Royce, Sjoerd Sieburgh, Zeewolde
(IN BRIEF) The German government and state governments of Lower Saxony, North Rhine-Westphalia, and Mecklenburg-Western Pomerania have allocated over 619 million euros to fund two hydrogen projects led by RWE. These include a 300-MW electrolyser in Lingen and a hydrogen … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Germany, hydrogen projects, Markus Krebber, partnership, RWE, sustainability
(IN BRIEF) DHL Express has signed a Letter of Intent with Central Airlines to deploy two Boeing 777 freighters under a multi-year Operating Agreement, marking their first collaboration with a Chinese cargo airline. This partnership aims to enhance intercontinental cargo … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Annie Hou, Boeing 777, Cargo Operations, Central Airlines, CHINA, DHL Express, Dongming Wu, partnership, sustainability, Travis Cobb
(IN BRIEF) Aviva has revolutionized its exposure management capabilities with the adoption of Orchestra, a sophisticated software solution developed by Symfos. Since its implementation in 2021, Orchestra has streamlined Aviva’s portfolio roll-up process by 60-70%, allowing for quicker data processing … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, Technology, United Kingdom
Tagged Aviva, Bao Cam, Karen Dayal, orchestra, partnership, Risk Management Capabilities, software, sustainability, Symfos
(IN BRIEF) Lloyds Banking Group is taking significant steps to alleviate the UK’s social housing shortage through the redevelopment of decommissioned data centres and former office sites into new affordable homes. Starting with a project in Pudsey, West Yorkshire, the … Read the full press release
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
