(IN BRIEF) Siemens and DMG MORI have launched an industry-defining digital twin for machine tool processing on the Siemens Xcelerator Marketplace. This digital twin, based on the Digital Native CNC Sinumerik One, includes a replica of the control system, machine … Read the full press release
(IN BRIEF) Siemens and DMG MORI have introduced an end-to-end digital twin for machine tool machining on Siemens Xcelerator. This digital twin includes a replica of the controller, a customer-specific DMG MORI machine tool, and the workpiece. The technology allows … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Achim Peltz, Alfred Geißler, digital transformation, Digital Twin, DMG MORI, Machine Tool, machining, partnership, Siemens, Siemens Xcelerator, Sinumerik One, sustainability
(IN BRIEF) Škoda’s upcoming generations of Superb and Kodiaq models have successfully completed an extensive international testing program. Over the course of two years, these vehicles underwent over a million kilometers of testing, exposing them to extreme temperatures ranging from … Read the full press release
Posted in Automotive, Business, Czech Republic, Environment, Industrial, Management, Media, News, Technology
Tagged Florian Weymar, Johannes Neft, Kodiaq Models, ŠKODA, Superb Models, sustainability
(IN BRIEF) Volkswagen has unveiled the all-new Tiguan, marking the third generation of this highly successful compact SUV. The new Tiguan is based on the Modular Transverse Matrix (MQB evo) platform, which enables the introduction of new hybrid drivetrains with … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News, Technology
Tagged Kai Grünitz, MQB evo, SUV, technology, Tiguan Model, Volkswagen
(IN BRIEF) Volkswagen presented its new Tiguan model to around 10,000 employees at a works meeting at the Wolfsburg plant, ahead of the official media unveiling. The Tiguan has been one of Volkswagen’s most successful models, with 7.6 million units … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, Media, News, Technology
Tagged Daniela Cavallo, Employee Event, Imelda Labbé, Thomas Schäfer, Tiguan Model, Volkswagen
(IN BRIEF) Dr. Jörg Homering, previously Head of Industrial Strategy at Mercedes-Benz Vans, will assume the role of Head of Production and Site at Mercedes-Benz Ludwigsfelde GmbH on November 1, 2023. He will succeed Dr. Markus Keicher, who is transitioning … Read the full press release
(IN BRIEF) The Fergana Valley, a crucial agricultural region in Central Asia, faces a looming environmental crisis resulting from decades-old uranium mining activities. The aftermath of Soviet-era uranium mining, marked by abandoned mines, open tunnels, and improperly managed waste dumps, … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in collaboration with the European Union (EU) and Sweden, is providing a $20 million loan to TBC Bank in Georgia. This financing is aimed at bolstering lending opportunities for micro, … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Industrial, Investment, Management, News, Small Business, Society, Sweden, United Kingdom
Tagged EBRD, EU, Francis Malige, GEORGIA, Giorgi Megrelishvili, Lawrence Meredith, MSMEs, partnership, sustainability, Sweden, TBC Bank, women empowerment
(IN BRIEF) SGS has been accredited by the IOAS (International Organic Accreditation Service) as an independent third-party certification body to issue certificates for Textile Exchange standards in new regions, including Europe, Asia, Africa, and North America. This expanded geographical reach … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Industrial, Management, News, Switzerland, Technology
Tagged accreditation, Exchange Standards, IOAS, partnership, SGS, sustainability, textile, Yvonne Tse
(IN BRIEF) Henkel’s Xathon, a hackathon for early-stage female entrepreneurs, has transformed into an open innovation challenge with a strong focus on AI while maintaining its commitment to supporting women in tech. In its fifth edition, Xathon addresses real business … Read the full press release
Posted in Business, Germany, Industrial, Management, Media, News, Small Business, Society, Technology
Tagged AI, Empowering Female Entrepreneurs, Henkel, Michaela Bessell, Xathon
(IN BRIEF) Kuehne+Nagel has been appointed as the official logistics partner for COP28, the 2023 UN Climate Change Conference in Dubai. The logistics company will oversee all on-site logistics activities at Expo City Dubai, including building country pavilions and stages … Read the full press release
(IN BRIEF) Ericsson and MTN Benin have partnered to recycle end-of-life electronic and electrical equipment as part of Ericsson’s Product Take-Back Program. This collaboration has resulted in the collection, decommissioning, transportation, and recycling of more than 123 metric tons of … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology, Telecom
Tagged electronic waste, Ericsson, Hossam Kandeel, MTN Benin, partnership, recycle, sustainability, Uche OFODILE
(IN BRIEF) BioNTech and the Coalition for Epidemic Preparedness Innovations (CEPI) have entered into a strategic partnership to develop an mRNA-based vaccine, BNT166, for the prevention of mpox (formerly monkeypox), an infectious disease that can have severe and life-threatening complications. … Read the full press release
Posted in Business, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Norway, Pharma & Biotech, Science
Tagged BioNTech, BNT166, CEPI, mpox Prevention, mRNA-Based Vaccine, partnership, Prof. Ugur Sahin, Richard Hatchett, sustainability
(IN BRIEF) Saab has announced an extension of its Indefinite Delivery, Indefinite Quantity (IDIQ) framework agreement with the U.S. Department of Defense (DoD). This extension allows the DoD to place orders for Saab’s close combat solutions worth up to an … Read the full press release
(IN BRIEF) Skandinaviska Enskilda Banken AB (SEB) has scheduled its Annual General Meeting for March 19, 2024. The bank’s Nomination Committee, responsible for proposing Directors and related matters, consists of members appointed by major shareholders, including Petra Hedengran (Investor) as … Read the full press release
(IN BRIEF) E.ON, the energy company based in Essen, along with contributions from its employees, is financing the construction of a primary school in Hatay, Turkey, which was severely affected by earthquakes in February 2023. Following the earthquakes, E.ON initiated … Read the full press release
Posted in Business, Construction, Education, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Non Profit, Türkiye
Tagged construction, E.ON, Earthquake-Hit, Employees, EnerjiSA, fundraising, Hatay, Murat Pinar, partnership, Sabanci, school, sustainability, Turkey, Victoria Ossadnik
(IN BRIEF) In response to the devastating floods in Libya’s Derna region, TotalEnergies has swiftly stepped in to provide critical assistance. The company has deployed both ground and air resources, sending nearly 50 tons of essential supplies, including medical items, … Read the full press release
(IN BRIEF) The Johan Castberg partnership, consisting of Equinor, Vår Energi, and Petoro, has announced an upward revision of the project’s cost estimate, with an increase of nearly NOK 13 billion compared to the previous year. Despite these cost escalations, … Read the full press release
(IN BRIEF) ABT CUPRA XE achieved an outstanding performance at the Island X Prix in Sardinia during the Extreme E season. The team, led by drivers Klara Andersson and Sébastien Loeb, secured a podium finish in both races, earning a … Read the full press release
Posted in Automotive, Awards, Business, Entertainment, Industrial, Italy, Management, Media, News, Spain
Tagged ABT CUPRA XE, Double Podium Finish, Extreme E season, Island X Prix, Klara Andersson, Sardinia, SEAT, Sébastien Loeb, Xavi Serra
(IN BRIEF) His Majesty King Felipe VI of Spain held an audience with the Executive Committee of SEAT S.A., led by its President, Wayne Griffiths, at Palacio Albéniz in Barcelona. During the meeting, SEAT S.A. executives updated the King on … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Spain, Technology, Transportation & Logistics
Tagged electric mobility, Executive Committee, King Felipe VI, partnership, PowerCo, SEAT S.A., sustainability, Volkswagen Group, Wayne Griffiths
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