(IN BRIEF) The Voith Group has demonstrated resilience and achieved strong results during the 2022/23 fiscal year, navigating a challenging economic environment successfully. The company reported positive growth across key performance indicators, with orders received surpassing expectations at €6.14 billion, … Read the full press release
Posted in Business, Economy, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Dr. Toralf Haag, Environment, Financial, investment, sustainability, Voith Group
(IN BRIEF) Trust, Singapore’s first digitally-native bank, has achieved rapid growth since its launch in September 2022, with over 600,000 customers within one year, making it one of the world’s fastest-growing digital banks. In its commitment to environmental sustainability, Trust … Read the full press release
Posted in Banks, Business, Environment, Financial, France, Government, Industrial, Investment, Management, News, Technology
Tagged eco-friendly, Hasan Khan, Nassir GHROUS, Ocean Plastic®, partnership, Payment Card, Singapore, sustainability, Thales, Trust Bank
(IN BRIEF) Thales has been awarded a contract to supply the Royal Malaysian Air Force (RMAF) with the GM400α long-range radar system, including complete station infrastructure. The award ceremony, attended by the Ministers of Defence of Malaysia and France, followed … Read the full press release
(IN BRIEF) Henkel, a global leader in adhesives, participated in a panel discussion hosted by Schneider Electric at the United Nations Climate Change Conference (COP28). The panel, titled “Beyond Carbon – Decarbonizing the Supply Chain for a Greener Tomorrow,” focused … Read the full press release
Posted in Business, Chemicals, Environment, Germany, Government, Industrial, Management, Media, News
Tagged climate change conference, COP28, decarbonization, Dr. Philipp Loosen, Henkel, partnership, Schneider Electric, supply chain, sustainability, UN
(IN BRIEF) Austria’s Ministry of Defence has awarded Rheinmetall a contract worth €532 million (excluding value-added tax) for the comprehensive modernization of its existing Skyguard air defense systems, as part of its “Mission Forward” rearmament program. This ambitious project includes … Read the full press release
(IN BRIEF) Alfa Laval, a leading provider of separation and fluid handling solutions, is teaming up with Swiss engine designer WinGD to advance the development of ammonia as a future fuel for marine vessels. As part of their ongoing ammonia … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Sweden, Switzerland, Technology, Transportation & Logistics
Tagged Alfa Laval, Ammonia-Fueled Engine, carbon-free, partnership, Sebastian Hensel, shipping, sustainability, Viktor Friberg, WinGD
(IN BRIEF) Continental, a leading tire manufacturer, has been advancing sustainability in the tire industry for over a century with its tire retreading program. They retread over a million truck and bus tires annually, saving resources and cutting costs. Research … Read the full press release
Posted in Automotive, Business, Environment, Germany, Industrial, Management, News, Technology
Tagged CO2 emissions, Continental, Jorge Almeida, sustainability, Tansu Isik, Tire retreading
(IN BRIEF) Siemens has recognized twelve outstanding inventors from various countries in its annual Inventors of the Year awards. These innovators have made significant contributions to fields such as artificial intelligence, sustainable power grids, railcar stability, and electric vehicle charging … Read the full press release
Posted in Awards, Business, Environment, Germany, Industrial, Management, Media, News, Technology
Tagged artificial intelligence, Awards, inventors, Inventors of the Year award, partnership, Peter Körte, Siemens, Swathi Shyam Sunder
(IN BRIEF) ING has announced that it repurchased 22,450,729 shares during the week of December 4 to December 8, 2023, as part of its €2.5 billion share buyback program initiated on November 2, 2023. These shares were acquired at an … Read the full press release
Posted in Banks, Business, Environment, Financial, Industrial, Investment, Management, Netherlands, News
Tagged buyback program, Financial, ING, investment, shares, sustainability
(IN BRIEF) Spanish film director and producer J.A. Bayona has been named a global ambassador for CUPRA, a Spanish automotive brand, to promote creativity and innovation. The collaboration was announced at an event in CASA SEAT, strengthening CUPRA’s connection to … Read the full press release
Posted in Automotive, Business, Industrial, Management, Marketing, Media, News, Spain, Technology
Tagged appointment, creativity, CUPRA, Global Ambassador, INNOVATION, J.A. Bayona, leadership, SEAT, Wayne Griffiths
(IN BRIEF) Scientists at Imperial College London have partnered with the Vodafone Foundation’s DreamLab app to create the world’s first accurate tropical cyclone maps. These maps, made freely available to the public, help visualize areas at risk of tropical cyclones … Read the full press release
Posted in Business, Education, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged Accurate Tropical Cyclone Maps, DreamLab App, hurricanes, Imperial College London, partnership, Smartphone Power, sustainability, tropical cyclone, typhoons, vodafone
(IN BRIEF) Deutsche Telekom celebrates a successful year of expansion with over 2.5 million new fiber connections established in 2023, reaching its ambitious targets. By year-end, eight million households across Germany will have access to fiber optic connections, with nearly … Read the full press release
(IN BRIEF) BASF has introduced Irgastab® PUR 71, an innovative anti-scorch solution designed to meet regulatory standards and deliver exceptional performance without the use of aromatic amines, addressing the limitations of conventional additives. In the manufacturing of polyurethane foams, the … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Anti-Scorch Solution, BASF, Dr. Bettina Sobotka, Irgastab® PUR 71, sustainability
(IN BRIEF) Bentley Motors, known for its luxury automobiles, is making a buzz with the fifth honey harvest from its ‘Bentley Bees’ at the Excellence Centre for Honey Production located at the Bentley headquarters in Crewe. The center, which expanded … Read the full press release
(IN BRIEF) Volkswagen’s new all-electric model, the ID.7, has achieved a stellar five-star safety rating in the Euro NCAP (European New Car Assessment Programme) safety test, solidifying its position among the highest-rated models of 2023 according to the independent European … Read the full press release
Posted in Automotive, Awards, Business, Environment, Germany, Industrial, Management, News, Security & Safety, Technology
Tagged Awards, Euro NCAP test, ID.7, Safety Rating, Volkswagen
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is taking steps to tackle youth unemployment and promote entrepreneurship in Central Asia by introducing a seven-year, €200 million (US$218 million) Youth in Business program. This initiative aims to provide … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Arnur Credit, Central Asia, EBRD, Entrepreneurship, Hamkorbank, Kazakhstan, Mongolia, MSMEs, partnership, Shinhan Bank Kazakhstan, Transcapital, Uzbekistan, Youth in Business Program, youth unemployment
(IN BRIEF) In Azerbaijan, furniture manufacturer Foriella, led by Owner and Director Farman Islamli, is harnessing innovation and quality craftsmanship to expand its presence in domestic and international markets. Seeking assistance from the European Bank for Reconstruction and Development (EBRD), … Read the full press release
Posted in Art & Culture, Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged Azerbaijani, craftsmanship, EBRD, Farman Islamli, Foriella, furniture, partnership, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is facilitating environmentally friendly investment in Jordan through its Green Economy Financing Facility (GEFF) by granting a $15 million (€13.8 million) loan to the Housing Bank (HBTF). This funding package … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, United Kingdom
Tagged Ammar Safadi, EBRD, GEFF, Green Investment, Gretchen Biery, Housing Bank, JORDAN, partnership, Pierre-Christophe Chatzisavas, sustainability
(IN BRIEF) In a significant development, the European Investment Bank (EIB) has approved a €100 million loan to support WIRO Wohnen in Rostock Wohnungsgesellschaft mbH, the municipal housing company in Rostock, Germany. This funding will aid WIRO in constructing 561 … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate
Tagged Affordable, Ambroise Fayolle, EIB, partnership, Ralf Zimlich, Rostock, sustainability, sustainable housing, WIRO
(IN BRIEF) The European Investment Bank (EIB) has signed a €70 million loan agreement with Stichting Vivium Zorggroep to support the organization’s investment plans until 2030. Vivium plans to modernize its building management approach, adapt its facilities for new care … Read the full press release
Posted in Banks, Business, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Netherlands, News, Real Estate
Tagged Elderly Care Facilities, Erwin Melger, European Investment Bank, Kris Peeters, Marco Wisse, Netherland, partnership, sustainability, Vivium Zorggroep
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