(IN BRIEF) Germany has adopted a national strategy for autonomous and connected driving, aiming to lead in modern mobility through Cooperative Intelligent Transport Systems (C-ITS) technology. C-ITS enables real-time communication between vehicles and infrastructure, improving traffic flow, prioritizing emergency vehicles, … Read the full press release
(IN BRIEF) ANDRITZ has opened a new technical center in Montbonnot, France, focused on advancing dry molded fiber (DMF) production for sustainable packaging. DMF technology uses a nearly waterless process to create three-dimensional cellulose-based products, offering an eco-friendly packaging alternative. … Read the full press release
Posted in Austria, Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andreas Lukas, Andritz, Dry Molded Fiber Packaging, France, INNOVATION, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) has granted a €50 million loan to the Zumtobel Group to advance its research and development of innovative lighting solutions, focusing on energy-efficient and connected technologies for smart buildings and cities. With a … Read the full press release
Posted in Austria, Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Austria, digitalization, EIB, Lighting Innovation, partnership, sustainability, Thomas Erath, Thomas Östros, Zumtobel
(IN BRIEF) ABB has partnered with Engineering Software Steyr GmbH (ESS) to revolutionize automotive paint shop operations through advanced simulation tools. The collaboration, which includes ABB taking a minority stake in ESS, will eliminate the need for prototyping, reduce operational … Read the full press release
Posted in Artificial Intelligence (AI), Austria, Automotive, Business, Industrial, Investment, Switzerland, Technology
Tagged ABB, advanced algorithms, Austria, automotive paint shop, CO2 emissions, commissioning, digital tools, digitalization, Dr. Martin Schifko, Engineering Software Steyr GmbH, ESS, fluid dynamics, heat transfer, manufacturing efficiency, Marc Segura, operational costs, PixelPaint, prototyping, RB1000i-S, RobotStudio, simulation tools, smart automation, sustainability
(IN BRIEF) UniCredit Bank Austria is restructuring its cultural sponsorship strategy due to economic challenges, resulting in the closure of the Kunstforum. Losing Signa as a key sponsor and landlord, combined with the need for significant future investments, has made … Read the full press release
Posted in Austria, Banks, Financial, Management, Society
Tagged Albertina, André Heller, Austria, Bank Austria Social Award, cultural funding, cultural initiatives, cultural sponsorship, economic challenges, education programs, financial literacy, Kunstforum, MoneyMatters, SIGNA, social impact, social projects, Teach for Austria, UniCredit Bank Austria, UniCredit Bank Austria Park, Vienna, Vienna Philharmonic Orchestra Academy
(IN BRIEF) Borealis announced the winners of its 2024 Scientific Innovation Award during Innovation Day in Linz, Austria, celebrating advancements in sustainable plastics. The awards recognized innovators addressing key areas such as sustainable production catalysts, energy-efficient polymerization, and polymer recycling. … Read the full press release
Posted in Austria, Awards, Chemicals, Environment, Science, Technology
Tagged 2024 Scientific Innovation Award, advanced catalyst design, agricultural film recycling, Austria, Borealis, Clement Collins Rice, Elisabetta Carrieri, energy-efficient polymerization, Esun Selvam, Ghent University, Innovation Day, Linz, polymer recycling, polyolefin recycling, rapid joule heating, sustainable plastics, sustainable production catalysts, University of Delaware, University of Oxford
(IN BRIEF) The Austrian financial community has named “AI bubble” as the stock market taboo phrase of 2024, reflecting concerns over the rapid rise in valuations of companies linked to artificial intelligence (AI). While some warn that the high costs … Read the full press release
Posted in Artificial Intelligence (AI), Austria, Banks, Business, Economy, Financial, Industrial, International Trade, Investment, Management, News, Technology
Tagged "AI Bubble", Christoph Boschan, Financial, investment, Manuel Schleifer, Stock Market Taboo Phrase of 2024, Wiener Börse AG, Wolfgang Matejka
(IN BRIEF) ANDRITZ has been selected by Companhia Paranaense de Energia (COPEL) to modernize the Governador Parigot de Souza hydropower plant in Curitiba, Brazil. The project will include upgrades to key components such as Pelton turbines, generators, and electrical systems, … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, Brazil, Clean Energy Capacity, Companhia Paranaense de Energia (COPEL), Governador Parigot de Souza Hydropower Plant, INNOVATION, modernization, partnership, sustainability
(IN BRIEF) Wienerberger has opened a modernized brick plant in Uttendorf, Austria, featuring the world’s largest industrial electric kiln, powered by green energy sources like its photovoltaic system. The facility reduces production emissions by 90% and energy consumption by one-third. … Read the full press release
(IN BRIEF) Zumtobel’s IZURA pendant luminaire has won the German Sustainability Award 2025 in the Product + Resources category for its innovative circular design, resource-efficient production, and use of recycled materials. Featuring a modular structure and digital product passport, the … Read the full press release
(IN BRIEF) ANDRITZ Perfojet celebrates its 40th anniversary as a leader in nonwoven technology, known for its groundbreaking Jetlace™ hydroentanglement systems that bond fibers without binders. With over 300 systems installed globally, the company has revolutionized the production of nonwovens … Read the full press release
Posted in Austria, Business, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged 40 Years, Andritz, Bruno Roche, INNOVATION, Nonwoven Technology, Perfojet, sustainability
(IN BRIEF) The city of Pamplona has awarded a EUR 1.2 million contract to Kapsch TrafficCom to maintain its traffic management system. The agreement, initially set for 14.5 months with options for annual extensions, involves servicing roadside hardware, including traffic … Read the full press release
(IN BRIEF) India is exploring satellite tolling as a sustainable solution to combat traffic congestion, air pollution, and declining road maintenance resources. Using GPS, Galileo, and other satellite systems, this advanced tolling technology enables real-time, distance-based vehicle charges without extensive … Read the full press release
(IN BRIEF) Erste Group’s Private Banking division has been awarded the title of “Best Private Bank in Central and Eastern Europe” by both PWM/The Banker and Global Finance, marking a significant achievement in the CEE region. Erste received a total … Read the full press release
Posted in Austria, Awards, Banks, Business, Croatia, Czech Republic, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Romania, Slovakia, Technology
Tagged Austria, Awards, CROATIA, Czechia, Erste Group, leadership, Maximilian Clary und Aldringen, partnership, Private Bank, Romania, Slovakia
(IN BRIEF) Sunderland AFC has partnered with Thorn and Zumtobel to complete a major lighting upgrade at the Stadium of Light. The installation aims to improve the matchday experience while supporting the club’s sustainability goals, providing a cutting-edge lighting solution … Read the full press release
Posted in Austria, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sports, Technology, United Kingdom
Tagged Chris Ferguson, David Bruce, partnership, Paul Kilburn, sports, Stadium Lighting, Sunderland AFC, sustainability, Thorn, UK, upgrade, Zumtobel
(IN BRIEF) Turkish steel manufacturer Borçelik has selected ANDRITZ to supply a versatile combi-line furnace for a new cold strip mill in Bursa. This advanced furnace will support both galvanizing and annealing operations, enhancing Borçelik’s production of automotive-grade steel. The … Read the full press release
Posted in Austria, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology, Turkey
Tagged Andritz, Borçelik, Furnace Installation, partnership, steel production, Turkey
(IN BRIEF) Kapsch TrafficCom urges the EU to include road tolling and traffic management in the EU Taxonomy, highlighting their potential for significant CO2 reductions and alignment with sustainability goals. The company’s white paper, available online, offers data-backed insights supporting … Read the full press release
Posted in Austria, Business, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged environmental impact, EU taxonomy, Georg Kapsch, Kapsch TrafficCom, Richard Lax, Road Tolling, sustainability, traffic management
(IN BRIEF) voestalpine’s expanded 24-hour childcare program at its Linz site has been warmly received by employees, especially those working in shifts. In its first year, the program has seen over a 30% increase in enrollment, with more than half … Read the full press release
(IN BRIEF) Deutsche Telekom has launched a new Christmas campaign, “Connections Begin When Barriers Break,” across ten European countries, emphasizing unity and tolerance. Through a heartwarming story of two young girls separated by a glass barrier, the campaign highlights the … Read the full press release
Posted in Austria, Business, Croatia, Financial, Germany, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Media, Montenegro, News, Poland, Romania, Slovakia, Technology, Telecom
Tagged Austria, Christmas campaign, Connection, CROATIA, Deutsche Telekom, Europe, Germany, holidays, Hungary, Montenegro, NORTH MACEDONIA, Poland, Romania, Slovakia, The Czech Republic, Ulrich Klenke, Unity
(IN BRIEF) Vienna Insurance Group (VIG) has launched Cyber Risk Solutions GmbH (CyRiSo) to support small and medium-sized businesses in managing cyber risks. CyRiSo provides a range of services, including risk assessments, incident response, and ransomware protection, helping clients mitigate … Read the full press release
Posted in Austria, Banks, Business, Financial, Germany, Government, Industrial, Insurance, Internet & Online, Investment, Management, News, Security & Safety, Small Business, Technology
Tagged Christiana Bruckner, Christoph Rath, Cyber Risk Solutions GmbH (CyRiSo), Cybersecurity, Germany, Michael Ganzwohl, partnership, SECURITY, SMEs, Vienna Insurance Group
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