(IN BRIEF) Peel Ports Group partners with E.ON to initiate ambitious solar and wind projects at the Port of Liverpool, aiming to achieve net-zero emissions by 2040. The collaboration kicks off with plans for the installation of the UK’s largest … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics, United Kingdom
Tagged Chris Norbury, Claudio Veritiero, E.ON, partnership, Peel Ports, Port of Liverpool, sustainability
(IN BRIEF) Volkswagen announces the upcoming GTI Fanfest, scheduled from July 26-28 at the Volkswagen Arena in Wolfsburg, with the theme “Icons Coming Home.” Tickets are available for purchase, offering access to a range of activities including car displays, stage … Read the full press release
Posted in Automotive, Business, Entertainment, Germany, Industrial, Management, Marketing, Media, News, Technology
Tagged GTI Fanfest 2024, Imelda Labbé, Volkswagen
(IN BRIEF) Volkswagen Group’s subsidiary Elli has unveiled Charging Site Management, a comprehensive B2B solution designed to facilitate the electrification of fleets. This innovative product offers a modular portfolio including AC and DC charging hardware, integrated software solutions, and consulting … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged B2B Charging Solutions, Charging Site Management, electrification, Elli, Michael Gotthelf, partnership, sustainability, Volkswagen
(IN BRIEF) Siemens AG’s Supervisory Board has confirmed a five-year contract extension for President and CEO Roland Busch, effective from April 1, 2025, signaling support for Siemens’ strategic direction under Busch’s leadership. The extension reflects confidence in Busch’s track record … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Technology
Tagged appointment, Cedrik Neike, CEO, Jim Hagemann Snabe, leadership, Roland Busch, Siemens AG
(IN BRIEF) The German government has enlisted Rheinmetall to supply an additional 20 Marder infantry fighting vehicles (IFVs) to Ukraine, following a mid double-digit million Euro range contract placed in March 2024. Equipped with integrated laser range finders for enhanced … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Ukraine
Tagged Germany, Marder Infantry Fighting Vehicles, partnership, Rheinmetall, UKRAINE
(IN BRIEF) Leigh Ann Schell has been named the Chief Human Resources Officer (CHRO) of Vantage Towers AG, effective April 1, 2024. In her new role, Schell will focus on enhancing the tower company’s HR strategy, working closely with CEO … Read the full press release
(IN BRIEF) At the IFAT 2024 trade fair, GEA is set to unveil its latest advancements in wastewater treatment technology, including decanters for sludge treatment and the groundbreaking digital real-time monitoring system, GEA Intellicant®. The decanter centrifuges, validated with GEA’s … Read the full press release
(IN BRIEF) DWS, a prominent asset manager, has finalized an agreement with global renewable energy developer X-ELIO to acquire three solar photovoltaic (PV) plants in Spain as part of its European infrastructure investment strategy. With a combined capacity of 147 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology
Tagged acquisition, DWS, European Infrastructure, Nicholas Pentreath, partnership, Peter Brodehser, solar PV plants, Spain, sustainability
(IN BRIEF) BASF, a leading ingredient supplier in the Personal Care industry, showcased innovative solutions at in-cosmetics Global in Paris, highlighting their commitment to sustainability and consumer-centric products. Gisela Pinheiro, Senior Vice President of BASF Personal Care Europe, emphasized the … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Chemicals, France, Germany, Industrial, Marketing
Tagged BASF, BASF Care Chemicals, BASF Personal Care Europe, Beyond Beauty, Care 360° – Solutions for Sustainable Life, Care Chemicals, Dr. Becky Stiles, Gisela Pinheiro, in-cosmetics Global, Paris, personal care, Personal Care Industry, Product Carbon Footprint Transparency, sustainable
(IN BRIEF) Infineon Technologies AG maintained its position as the global leader in automotive semiconductors in 2023, as per TechInsights’ latest research. With the global automotive semiconductor market reaching a record size of US$69.2 billion, Infineon’s market share increased to … Read the full press release
Posted in Automotive, Awards, Business, Germany, Industrial, Management, News, Technology
Tagged Asif Anwar, Automotive Semiconductors, Awards, Infineon, leadership, Peter Schiefer
(IN BRIEF) Intraco Ltd, a prominent exporter of premixes and concentrates, and trinamiX GmbH, a leading provider of mobile spectroscopy solutions, have collaborated to revolutionize feed analysis. Their partnership aims to provide Intraco and its distribution partners with real-time nutrient … Read the full press release
Posted in Agriculture, Belgium, Food & Beverage, Germany, Industrial, Technology
Tagged analyze nutrient composition of feed, animal diets, animal feed, animal feed concentrates, BASF, concentrates, farmers, FEED, Group DC, handheld spectrometer, Intraco Ltd, livestock, Miriam Suhren, mobile feed analysis, mobile spectroscopy solutions, premixes, protein meals, raw materials, Steven Van Caekenberghe, trinamiX GmbH, trinamiX Mobile NIR Spectroscopy Solution
(IN BRIEF) Digital Rail Germany announces a strategic initiative to enhance circuit board production at their Industrial Competence Center in Arnstadt/Thuringia, aiming to accelerate progress towards green rail infrastructure in Europe. Recognizing the critical role of circuit boards in digital … Read the full press release
(IN BRIEF) Leadec, a service specialist, has celebrated a significant milestone by assembling its 500,000th wheel for the MAN truck plant in Niepołomice, Poland. This achievement, marked by a ceremony, underscores Leadec’s seamless collaboration with MAN in operations, quality, and … Read the full press release
Posted in Business, Germany, Industrial, Poland
Tagged Kokotów, Leadec, Leadec Poland, MAN truck, Niepołomice, Poland, Przemysław Pendrowski, tire assembly, truck assembly plant, Wheel
(IN BRIEF) Henkel has initiated the “Climate Connect” program, aiming to enhance supplier engagement in reducing Scope 3 emissions across its global supply chain. Partnering with “Manufacture 2030,” the program focuses on gathering emissions data from raw material and packaging … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged 'Climate Connect' Program, Bertrand Conquéret, Emissions Reduction, Henkel, partnership, sustainability
(IN BRIEF) Rheinmetall has clinched a significant multimillion-dollar contract from the Japanese Ministry of Defence, paving the way for the introduction of autonomous Unmanned Ground Vehicles (UGVs) in Japan. The contract entails the delivery of Rheinmetall Mission Master SP UGVs … Read the full press release
Posted in Automotive, Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged Autonomous Unmanned Ground Vehicles (UGVs), Japan, partnership, Pietro Mazzei, Rheinmetall, Rheinmetall Mission Master SP
(IN BRIEF) AIXTRON, a leading provider of deposition equipment, has been awarded the prestigious Gold Supplier Award by BOE HC SemiTek for their exceptional collaboration in the field of Micro LED technology. The partnership, spanning over 19 years, has evolved … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged AIXTRON, BOE HC SemiTek, Dr. Felix Grawert, Gold Supplier Award, Micro LED, Mr. Zhaohong Zhang, partnership
(IN BRIEF) Henkel has unveiled Loctite Eccobond UF 9000AE, a specialized semiconductor capillary underfill encapsulant designed to meet the rigorous demands of cutting-edge applications like artificial intelligence (AI) and high-performance computing (HPC). This innovative material provides robust protection for large … Read the full press release
(IN BRIEF) Rheinmetall, a leading technology company, is establishing a new plant in Szeged, Hungary, representing a significant expansion in the EU and NATO partner country. The groundbreaking ceremony on March 26, 2024, marked the commencement of construction, with the … Read the full press release
Posted in Business, Construction, Defence, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology
Tagged Christoph MÜLLER, Dr. Judit Fendler, Dr. László Botka, Hungary, Hybrid Plant, Kristóf Szalay-Bobrovniczky, Milhálffy Béla, partnership, Prof. Dr. Gábor Szabó, Rheinmetall, Szeged
(IN BRIEF) In the wake of cyclone “GAMANE” striking Madagascar’s SAVA region, affecting the main vanilla growing area, Symrise ensures the safety of its 200 employees and extends aid to the affected community. The cyclone caused flooding, damaging houses, rice … Read the full press release
Posted in Business, Commodities, Financial, Food & Beverage, Germany, Government, Industrial, Management, News
Tagged Cyclone "GAMANE", Madagascar, relief efforts, Symrise
(IN BRIEF) Allianz Global Corporate & Specialty SE (AGCS) has announced an agreement to divest its U.S. MidCorp and Entertainment insurance businesses to Arch Insurance North America for $450 million in cash. The deal includes the transfer of approximately $2 … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Insurance, Investment, Management, News
Tagged acquisition, Allianz AGCS, Arch, Tracy Ryan, U.S. MidCorp and Entertainment Insurance
(IN BRIEF) Infineon Technologies AG introduces the XENSIV™ Sensor Shield for Arduino, a versatile tool aimed at accelerating innovation in smart sensor systems for smart home and consumer applications. This shield, developed in collaboration with Sensirion, integrates a wide range … Read the full press release
(IN BRIEF) WACKER’s mRNA competence center in Halle is gearing up to produce an active ingredient for combatting acute respiratory distress syndrome (ARDS) in collaboration with Pantherna Therapeutics. The center, equipped with four new production lines, will more than triple … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged ARDS Treatment, Dr. Guido Seidel, Dr. Jörg Kaufmann, mRNA Production, PAN004, Pantherna, partnership, sustainability, WACKER
(IN BRIEF) SAP SE announced that Churchill Downs Incorporated (CDI) has selected the GROW with SAP solution to drive its financial technology transformation as it expands within the racing, online wagering, and gaming entertainment sectors. Leveraging cloud solutions from SAP, … Read the full press release
(IN BRIEF) RWE, a global leader in renewable energy, has secured a significant achievement with the award of a 495-megawatt Electricity Business Licence (EBL) by the Ministry of Trade, Industry & Energy of Korea for the development of the Seohae … Read the full press release
(IN BRIEF) MAHLE Aftermarket is set to launch the second generation of its workshop diagnostic tools, MAHLE TechPRO® 2 and BRAIN BEE Connex 2, in April 2024. Featuring a redesigned user interface for improved usability, the tools offer intuitive guidance … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News, Technology
Tagged Diagnostic Tools, Digital Future, MAHLE, Philipp Grosse Kleimann
(IN BRIEF) MYTILINEOS Energy & Metals, in partnership with Siemens Energy, has embarked on the construction of a 560 MW Combined Cycle Gas Turbine (CCGT) power unit at the Adamów Power Plant in Poland. The Engineering, Procurement, and Construction (EPC) … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Germany, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Combined Cycle Gas Turbine (CCGT) Power Unit, construction, Germany, MYTILINEOS, partnership, Poland, Siemens Energy, sustainability
(IN BRIEF) BASF is set to showcase its latest additive offerings at CHINAPLAS 2024, a significant event in the plastic and rubber industries. These additives play a pivotal role in increasing the sustainability of various plastic applications by enhancing durability, … Read the full press release
Posted in Business, Chemicals, Financial, Germany, Industrial, Investment, Management, Media, News
Tagged BASF, CHINAPLAS 2024, Hazel Sprafke, IrgaCycle™, plastic additives, sustainability
(IN BRIEF) Evonik’s Coating & Adhesive Resins Business Line in Darmstadt, Germany, has transitioned its production of DEGACRYL® specialty acrylates to renewable energy sources, reducing annual CO2 emissions by approximately 1,400 metric tons. This move aligns with the business line’s … Read the full press release
(IN BRIEF) CompuGroup Medical SE & Co. KGaA (CGM), a leading e-health provider, has announced the appointment of two renowned digitization experts in the German healthcare system. Max Müller has assumed leadership of the CLICKDOC & m.Doc business area, while … Read the full press release
Posted in Business, Germany, Healthcare, Industrial, Management, News, Technology
Tagged appointment, CompuGroup Medical, Digitization Experts, Dr. Ulrich Thomé, Germany, healthcare sector, Jan Wemmel, leadership, Max Müller
(IN BRIEF) DHL announces plans to expand its out-of-home delivery network in Sweden by introducing approximately 1,000 new parcel lockers in 2024, focusing primarily on metropolitan areas. Partnering with iBoxen, DHL aims to strengthen its capacity and capabilities in the … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Internet & Online, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged DHL, E-commerce Demands, iBoxen, online shopping, Parcel Locker Network, partnership, Robert Zander, sustainability, Sweden
(IN BRIEF) Dr. Sigrid Nikutta, a board member of DB, unveils the successful practical tests of a digital freight train, marking a significant advancement in Europe’s rail freight transport system. The introduction of Digital Automatic Coupling (DAK) as a new … Read the full press release
(IN BRIEF) ARBURGadditive will participate in the 20th anniversary of Rapid.Tech in Erfurt from May 14 to 16, 2024, showcasing two innovative exhibits: a large freeformer 750-3X operating on plastic granules and an LiQ 5 for 3D printing liquid silicone … Read the full press release
(IN BRIEF) Triton Fund V, under Triton’s advisement, has finalized the acquisition of Siemens Energy’s Trench business, a leading manufacturer of high-voltage grid components. Trench, renowned for its expertise and global presence with nine factory locations and 2,400 employees worldwide, … Read the full press release
(IN BRIEF) Mercedes-Benz Trucks has announced the release of the new Actros L, slated to redefine the premium segment of heavy diesel-powered trucks. Set to be available for order from April 2024 and commencing production in December 2024, the Actros … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged Actros L, Daimler truck, Diesel-Powered, Heavy Trucks, Mercedes-Benz Trucks, partnership, Rainer Müller-Finkeldei, sustainability
(IN BRIEF) Volkswagen celebrates 50 years of the Golf, Europe’s most successful car, with over 37 million units sold worldwide. Since its debut in 1974, the Golf has set industry standards, introducing innovations in technology, safety, and design across its … Read the full press release
Posted in Automotive, Germany, Industrial, Technology, Transportation & Logistics
Tagged 50th anniversary, Andreas Mindt, automotive, Giorgio Giugiaro, golf, Herbert Schäfer, Hybrid, INNOVATION, Volkswagen
(IN BRIEF) Roland Berger, a global management consultancy, opens a new office in Abu Dhabi’s ADGM financial district, expanding its regional presence to five offices. The move reflects Roland Berger’s commitment to Abu Dhabi’s economic growth and diversification efforts. The … Read the full press release
Posted in Business, Germany, Management, Technology
Tagged Abu Dhabi, Abu Dhabi Global Market, Hani Tohme, management consultancy, Middle East, Rene Seijger, Roland Berger, Santiago Castillo
(IN BRIEF) CANCOM Group concluded the 2023 fiscal year with remarkable financial results, including a 17.8% increase in revenue to €1,522.7 million and a notable rise in EBITDA to €115.7 million. CEO Rüdiger Rath attributes this success to strategic acquisitions … Read the full press release
Posted in Business, Financial, Germany, Management, Technology
Tagged CANCOM Group, EBITDA, economic challenges, ERP system, expansion, financial performance, forecast, integration, KBC Group, Market development, Operational improvements, profitability, revenue growth, Rüdiger Rath, Strategic acquisitions
(IN BRIEF) Daimler Truck AG has finalized a new revolving credit line worth €5 billion, capitalizing on favorable market conditions to replace its existing syndicated credit line set to mature. Coordinated by BNP Paribas, Deutsche Bank, and LBBW, with participation … Read the full press release
(IN BRIEF) Jenoptik AG announces impressive financial results for the fiscal year 2023, highlighted by a considerable increase in revenue and profitability. The company’s photonics business, particularly in the semiconductor equipment sector, drove significant organic revenue growth of 8.7 percent … Read the full press release
(IN BRIEF) PNE AG reports a highly successful year in 2023, achieving or surpassing strategic goals outlined in its ‘Scale up 1.0’ strategy. With total aggregate output reaching €267.8 million and EBITDA hitting €39.9 million, the company is at the … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Expansion Strategy, financial performance, investment, Markus Lesser, PNE AG
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
