(IN BRIEF) TotalEnergies has announced the development of a new battery storage project in Feluy, Belgium, marking the company’s second venture in the region following the Antwerp refinery battery storage project. Set to commence operation by the end of 2025, … Read the full press release
(IN BRIEF) Vodafone and Nokia have conducted successful tests of a new Internet technology that promises to significantly enhance the home broadband experience, particularly for activities like gaming and video calls. The technology, known as L4S (Low Latency, Low Loss, … Read the full press release
Posted in Business, Financial, Finland, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged Azimeh Sefidcon, Finland, Gavin Young, Home Broadband, Internet Technology, L4S (Low Latency Low Loss and Scalable throughput), Nokia, partnership, vodafone
(IN BRIEF) Skanska has secured a significant contract worth USD 1.4 billion from the Washington State Department of Transportation to replace the Portage Bay Bridge in Seattle, Washington, USA. The project aims to enhance seismic resiliency by replacing the existing … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged partnership, Portage Bay Bridge, Skanska, sustainability, USA
(IN BRIEF) Telefónica Tech introduces an upgraded version of its global Vulnerability Management service, integrated within its cybersecurity services brand ‘NextDefense,’ aimed at managing companies’ entire attack surfaces to proactively anticipate threats and prevent future attacks. Leveraging Tenable’s exposure management … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Spain, Technology, Telecom
Tagged 'NextDefense', Alberto Sempere, Cybersecurity, Greg Goetz, partnership, SECURITY, Telefónica Tech, Tenable, Vulnerability Management Service
(IN BRIEF) Borealis announces the successful acquisition of Integra Plastics AD, a Bulgarian advanced mechanical recycling player, solidifying its position in the circular economy landscape. Integra Plastics’ state-of-the-art recycling plant, with an annual capacity exceeding 20,000 tons, significantly bolsters Borealis’ … Read the full press release
(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) STARK Group, after three years under CVC Capital Partners, appoints former DSV CEO Jens Bjørn Andersen to establish its external board. Andersen, known for his transformative leadership at DSV, expresses excitement about joining STARK Group during its impressive … Read the full press release
(IN BRIEF) SSAB’s Board of Directors has approved the construction of a cutting-edge fossil-free mini-mill in Luleå, Sweden, marking a significant step in the company’s transition to sustainable steel production. The new mill, with a capacity of 2.5 million tons … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged fossil-free, Luleå, Martin Lindqvist, Mini-Mill, SSAB, sustainability, Sweden
(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) In the realm of food processing, maintaining food safety and quality is paramount, yet contaminants pose a persistent challenge. Marel’s SensorX, introduced in 2007, has been a game-changer in bone inspection, setting the standard for the poultry industry. … Read the full press release
(IN BRIEF) TNB Renewables Sdn Bhd (TRe), a subsidiary of Tenaga Nasional Berhad (TNB), has enlisted AFRY as the owner’s engineer for a significant solar photovoltaic (PV) project in Kedah, Malaysia. The project, known as the Corporate Green Power Programme … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged AFRY, Corporate Green Power Programme (CGPP), Malaysia, partnership, Petteri Härkki, Solar PV Project, sustainability, TNB Renewables
(IN BRIEF) Nordic Investment Bank (NIB) and Aalto University Foundation sign a EUR 45 million loan agreement for the construction and renovation of Aalto University campus buildings in Espoo, Finland. The funding supports projects aimed at enhancing higher education, research, … Read the full press release
Posted in Banks, Construction, Education, Financial, Finland, Industrial, Infrastructure & Utilities
Tagged Aalto University, Aalto University Foundation, Aalto-korkeakoulusäätiö sr, construction, Espoo, financing, Finland, K3, Kide, Kide buildings, loan, Marsio, NIB, Otaparkki, renovation
(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
(IN BRIEF) BBVA Group reports significant achievements in its environmental sustainability efforts, with 96 percent of its power consumption sourced from renewable energy in 2023, surpassing its 70 percent target for 2025. The bank also managed to reduce its carbon … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain
Tagged BBVA, carbon footprint, partnership, renewable energy, sustainability
(IN BRIEF) NIRAS and Egis announce a strategic partnership aimed at bolstering consultancy and engineering services in the realm of renewable energies, particularly offshore wind projects in France. With NIRAS’s extensive experience in global offshore wind and Egis’s strong foothold … Read the full press release
Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Egis, France, Jean-Emmanuel Seixas, NIRAS, offshore wind development, partnership, sustainability, Thor Ugelvig Petersen
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced a €50 million loan to Fraport TAV Antalya Yatirim Yapim ve Isletme (FTA) in Türkiye, aimed at financing the completion of upgrades to Antalya Airport. These enhancements, including … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Turkey, United Kingdom
Tagged Antalya Airport, EBRD, Fraport TAV, partnership, sustainability, Turkey, Upgrades
(IN BRIEF) Heidelberg Materials has been granted up to US$500 million in funding by the US Department of Energy to advance industrial-scale carbon capture, transport, and storage (CCUS) at its cement plant in Mitchell, Indiana. This significant investment marks a … Read the full press release
(IN BRIEF) Zscaler, Inc. and BT have announced an expanded partnership to offer a comprehensive suite of managed security services based on the Zscaler AI-driven Zero Trust Exchange™ cloud security platform. BT will become the first global service provider to … Read the full press release
Posted in Artificial Intelligence (AI), Business, Defence, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology, Telecom, United Kingdom
Tagged BT, Cybersecurity, Mike Rich, partnership, Security Services, sustainability, Tris Morgan, USA, Zscaler
(IN BRIEF) Merck, a prominent science and technology company, announces a €14 million expansion of its M LabTM Collaboration Center in Shanghai, bolstering its support for the biopharmaceutical industry in China. The expansion includes new facilities such as a biology … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged biopharmaceutical, CHINA, Dr. Roy Wu, M LabTM Center, Merck, partnership, Shanghai, sustainability
(IN BRIEF) Skanska announces a contract amendment worth USD 211 million with Beaverton School District for the Beaverton High School Rebuild Project in Oregon, USA. The project involves constructing a new three-story high school building spanning approximately 28,000 square meters … Read the full press release
Posted in Business, Construction, Education, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Beaverton High School, partnership, Rebuild Project, Skanska, sustainability, USA
(IN BRIEF) Telia Denmark has once again clinched the top spot for customer-perceived network quality in the country, thanks to Nokia’s advanced managed services. Umlaut, a renowned advisory firm, bestowed this recognition for the second consecutive year, underscoring Telia’s commitment … Read the full press release
Posted in Artificial Intelligence (AI), Awards, Business, Denmark, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged Awards, Daniel Askeroth, Erez Sverdlov, Managed Services, Network Excellence, Nokia, partnership, sustainability, Telia Denmark, umlaut
(IN BRIEF) The Nordic Investment Bank (NIB) has inked a 10-year loan agreement with Svenska Cellulosa Aktiebolaget SCA (Publ) to co-finance the Fasikan Wind Farm in Jämtland county, northern Sweden. Valued at SEK 1 billion, this loan will bolster the … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Fasikan Wind Farm, Kim Krokfors, NIB, Northern Sweden, partnership, sustainability, Svenska Cellulosa Aktiebolaget SCA
(IN BRIEF) Vattenfall’s Hollandse Kust Zuid Offshore Wind Farm marks a significant shift in offshore wind turbine construction with the introduction of reusable monopile covers. Traditionally, covers were disposed of after use, but this innovative solution, developed by CCM B.V., … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Sweden
Tagged CCM B.V., construction, Hollandse Kust Zuid (HKZ), Michiel Kraak, Monopile Covers, Netherlands, offshore wind farm, Olaf Rick, partnership, sustainability, Vattenfall
(IN BRIEF) Eni, Fincantieri, and RINA, prominent Italian entities in energy, shipbuilding, and engineering consultancy respectively, have solidified an agreement to spearhead initiatives targeting the decarbonization of the maritime sector. Their collaborative efforts aim to develop sustainable alternatives, explore new … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Transportation & Logistics
Tagged alliance, Carlo Luzzatto, decarbonization, Energy Giants, Eni, Fincantieri, Giuseppe Ricci, Italy, maritime, partnership, Pierroberto Folgiero, RINA, sustainability
(IN BRIEF) Stadler proudly announces that its FLIRT H2 has secured a place in the Guinness World Records database for traveling the longest distance (1,741.7 miles) by a hydrogen fuel cell electric multiple unit passenger train without refueling. This achievement … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology, Transportation & Logistics, Travel
Tagged Awards, Dr. Ansgar Brockmeyer, FLIRT H2, Guinness World Record, hydrogen train, leadership, Martin Ritter, Stadler, sustainability
(IN BRIEF) Norwegian People’s Aid, in collaboration with Telia, is piloting the use of portable mobile base stations to extend cellular coverage in areas lacking network infrastructure. This initiative aims to enhance communication capabilities during critical search and rescue missions, … Read the full press release
Posted in Business, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Non Profit, Norway, Technology, Telecom
Tagged Henning Huuse, humanitarian, Jon Christian Hillestad, Kristoffer Christiansen, Norway, Norwegian People’s Aid, partnership, Portable Mobile Base Stations, Search and Rescue Missions, sustainability, Telia
(IN BRIEF) ZÜBLIN, a subsidiary of STRABAG, has secured a contract from the Waterway Construction Office Aschaffenburg to replace the lock Kriegenbrunn. The €450 million project, slated to commence in April 2024 and expected to conclude by spring 2032, will … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Klemens Haselsteiner, partnership, STRABAG, sustainability, Züblin
(IN BRIEF) Gasum, a leading Nordic energy company, and the Norwegian Road Transport Association (NLF) have joined forces to promote the use of biogas as a key component of Norway’s green energy transition. The collaboration aims to raise awareness about … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Transportation & Logistics
Tagged biogas, fossil diesel, Gasum, Jogeir Munkeby, Kjell Olafsrud, Norway, Norwegian Road Transport Association (NLF), partnership, Rune Amundsen, sustainability, Transportation Industry
(IN BRIEF) Aboitiz Solar Power, Inc., a subsidiary of Aboitiz Power Corporation, has enlisted AFRY as the owner’s engineer for the construction of a 172 MWp solar photovoltaic (PV) plant in Negros Occidental, Philippines. The project, part of AboitizPower’s extensive … Read the full press release
(IN BRIEF) The Norwegian Directorate for Civil Protection has approved the construction of an ammonia bunkering facility at Fjord Base in Florø, Norway, marking a pivotal moment in the push for low-emission shipping fuels. Yara Clean Ammonia, Azane, and Fjord … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged Ammonia Bunkering Facility, Azane, Fjord Base, low-emission, Magnus Ankarstrand, Norway, partnership, shipping, Steinar Kostøl, Stig Førde, sustainability, Yara
(IN BRIEF) Airbus Defence and Space has announced plans to acquire INFODAS, a Cologne-based cybersecurity and IT solutions provider specializing in the public sector, including defense and critical infrastructures. With the transaction awaiting regulatory approvals, Airbus aims to enhance its … Read the full press release
(IN BRIEF) Fisia Italimpianti, a subsidiary of the Webuild Group, has initiated the construction phase of a Water Treatment Plant in Saudi Arabia, marking its entry into the Oil&Gas sector. The project, part of the Zuluf onshore oil plant complex, … Read the full press release
(IN BRIEF) Fundamentering AS (FAS), a subsidiary of AF Gruppen, has secured a contract with Metrostav Norge AS for foundation work on the Ramfjord Bridge in Troms, commissioned by the Norwegian Public Roads Administration. Valued at approximately NOK 100 million … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged AF Gruppen, Fundamentering AS, Geir-Vidar Sørheim, Laukslett, Metrostav Norge AS, partnership, Ramfjord Bridge Foundation Work, sustainability, Sørbotn, Troms
(IN BRIEF) Strøm Gundersen AS, a company within AF Gruppen, has secured two turnkey contracts totaling NOK 516 million excluding VAT for the construction of a hotel and an office building in Brakerøya, Drammen. The first contract, valued at NOK … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged AF Gruppen, construction, Drammen, hotel, office building, partnership, Strøm Gundersen AS, sustainability
(IN BRIEF) Vattenfall’s ambitious Norrbäck and Pauträsk wind project, comprising 111 turbines with a combined output of 530 MW, has successfully obtained its final environmental permit. With an anticipated annual production of 2 TWh, these wind farms, located across Lycksele, … Read the full press release
(IN BRIEF) International technology group ANDRITZ has secured an order from Lignatherm AG to provide a pressurized refining system for a new insulation board production facility in Küssnacht am Rigi, Switzerland. Set to utilize locally sourced wood chips exclusively, the … Read the full press release
(IN BRIEF) Metsä Group has announced plans to build a demo plant for lignin refining at its Äänekoski bioproduct mill, with equipment supplied by ANDRITZ. Scheduled for completion in late 2025, the plant aims to refine lignin, a substance in … Read the full press release
Posted in Austria, Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, Finland, Ismo Nousiainen, Kari Tuominen, lignin, Lignin Refining Demo Plant, Metsä Group, partnership, Raquel Fortes, sustainability
(IN BRIEF) Austrian Federal Railways (ÖBB) has launched its first Railjet of the new generation, marking a significant advancement in rail travel comfort. Developed and built by Siemens Mobility, these innovative trains boast numerous features aimed at enhancing passenger experience … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, Travel
Tagged Albrecht Neumann, Andreas Matthä, Austria, ÖBB, partnership, Rail Travel Comfort, Railjet, Siemens, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is supporting energy efficiency initiatives in Vilnius by investing €25 million in Šiaulių Bank’s energy efficiency fund. Managed by Šiaulių Bank, the fund aims to finance energy efficiency renovations in … Read the full press release
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News, Real Estate, United Kingdom
Tagged EBRD, ENERGY, Lithuania, partnership, residential, Šiaulių Bank, Sue Barrett, sustainability, Vilnius, Vytautas Sinius
(IN BRIEF) TotalEnergies announces the successful restart of production from the Tyra hub in the Danish North Sea following a major redevelopment project. The revamped hub is set to produce 5.7 million cubic meters of gas and 22,000 barrels of … 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)
