(IN BRIEF) Borealis has announced the appointment of Craig Arnold, currently serving as Chief Commercial Officer at Ferroglobe PLC, as the new Executive Vice President (EVP) for Polyolefins, Circular Economy Solutions, and Innovation & Technology, effective from February 1, 2024. … Read the full press release
Posted in Austria, Business, Chemicals, Industrial, Management, News, Technology
Tagged appointment, Borealis, Craig Arnold, Daniela Vlad, EVP, leadership, Thomas Gangl
(IN BRIEF) ANDRITZ has successfully initiated operations for a new textile recycling line at Sfilacciatura Negro’s facility in Biella, Italy. This state-of-the-art tearing line is designed to process post-consumer textile waste while automatically removing hard parts. Sfilacciatura Negro, with a … Read the full press release
(IN BRIEF) Kapsch TrafficCom’s Spanish subsidiary has successfully implemented a sophisticated traffic light priority system for Madrid’s first Bus Rapid Transit (BRT) system, connecting key neighborhoods and reducing travel times. The system uses on-board beacons and traffic light controllers to … Read the full press release
Posted in Austria, Industrial, Management, Spain, Technology, Transportation & Logistics
Tagged BRT, Bus Rapid Transit, Javier Aguirre, Kapsch TrafficCom, Madrid, mobility, mobility management, safety, Valdebebas
(IN BRIEF) International technology group ANDRITZ has successfully initiated operations at a cutting-edge fiberline and lime kiln plant located within Nanning Sun Paper’s pulp and paper mill in Guangxi Province, China. This achievement marks a significant milestone for the project, … Read the full press release
(IN BRIEF) Nouvelles Fibres Textiles, in partnership with Pellenc ST and ANDRITZ, has inaugurated France’s first automated textile recycling plant. This pioneering facility, launched on November 30, 2023, marks a significant step toward a circular economy for textiles. The plant’s … Read the full press release
(IN BRIEF) Kapsch TrafficCom AG, in accordance with the Austrian Stock Exchange Act, has disclosed that as of the end of November 2023, the total number of voting rights stands at 14,300,000, matching the company’s share capital of EUR 14,300,000.00. … Read the full press release
Posted in Austria, Business, Economy, Financial, Industrial, Investment, Management, News, Transportation & Logistics
Tagged capital increase, Financial, investment, Kapsch TrafficCom AG
(IN BRIEF) European Locomotive Leasing Group (ELL) has signed a significant framework agreement with Siemens Mobility for the acquisition of up to 200 Vectron locomotives. These locomotives will be used in both passenger and freight services across Europe. ELL initially … Read the full press release
(IN BRIEF) Borealis has renewed its partnership with three prominent social and educational organizations in the UAE through the Borealis Social Fund. They will distribute AED 3 million among the Emirates Foundation, UAE Paralympic Committee, and Emirates National Schools to … Read the full press release
Posted in Austria, Chemicals, Education, Non Profit, Society
Tagged Borealis, Borealis Social Fund, Dr. Shawn Dilly, Emirates Foundation, Emirates National Schools, H. E. Mohammed M. Fadhel Al Hameli, H.E. Ahmed Al Shamsi, the Emirates National Schools, the UAE Paralympic Committee, Thomas Gangl, UAE, United Arab Emirates
(IN BRIEF) Researchers from AVL and the Institute of Automotive Technology at the Technical University of Munich (TUM) have developed a cutting-edge predictive model utilizing federated learning and artificial intelligence (AI) to determine the remaining useful life of electric vehicle … Read the full press release
(IN BRIEF) Vienna’s annual “Wiener Börse Punsch” event, a long-standing tradition for the Austrian financial community, continued its charitable tradition by supporting the “START-Stipendien” education and integration initiative. The event, in its 21st edition, saw over 600 guests gather at … Read the full press release
(IN BRIEF) International technology group ANDRITZ has received an order from Energie AG to supply equipment for the new Ebensee pumped storage power plant in Austria. This project, the largest investment by the utility, aims to enhance energy sustainability by … Read the full press release
(IN BRIEF) In a groundbreaking collaboration, Information Services International-Dentsu (ISID) and AVL, headquartered in Tokyo and Graz, Austria, respectively, have joined forces to reshape product development in the manufacturing industry. Their shared mission is to offer advanced digital solutions and … Read the full press release
Posted in Austria, Automotive, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged AVL, innovative, ISID, Manufacturing, mobility, partnership, Ryoichi Nawa, sustainability, Tokyo
(IN BRIEF) Kapsch TrafficCom AG has successfully completed the placement of 1.3 million new shares, representing 10% of its existing share capital. These newly issued shares were divided into 477,217 shares against cash contributions and 822,783 shares against contributions in … Read the full press release
Posted in Austria, Business, Economy, Financial, Industrial, Investment, Management, News, Transportation & Logistics
Tagged Financial, investment, Kapsch TrafficCom AG, shares
(IN BRIEF) Kapsch TrafficCom AG has announced its decision to pursue a capital increase from authorized capital by issuing up to 1,300,000 new ordinary no-par value bearer shares, representing up to 10% of the existing share capital. This capital increase … Read the full press release
Posted in Austria, Business, Financial, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Financial, investment, Kapsch TrafficCom
(IN BRIEF) Brazilian pulp producer Suzano has entered into a five-year contract with international technology group ANDRITZ to provide modular maintenance services for its upcoming mill in Ribas do Rio Pardo, Mato Grosso do Sul, Brazil. The maintenance agreement encompasses … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, Brazil, Eucalyptus Mill, Modular Maintenance, partnership, sustainability, Suzano
(IN BRIEF) ANDRITZ, an international technology group, is set to supply a groundbreaking methanol liquefaction plant to Hyogo Pulp Industries Ltd., a Japanese unbleached kraft pulp producer. This pioneering project, located at the Tanigawa mill, marks a significant shift in … Read the full press release
Posted in Austria, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, green transformation, innovative, Japan, Methanol Liquefaction Plant, Naoki Ikawa, partnership, Pulp Industry, sustainability, yogo Pulp Industries Ltd.
(IN BRIEF) Brau Union Österreich and the SPAR retail chain have embraced multimodal transportation in collaboration with the ÖBB Rail Cargo Group (RCG). This approach combines rail and road transport to create efficient and environmentally friendly door-to-door logistics solutions. Beverages … Read the full press release
(IN BRIEF) The Vienna Stock Exchange has announced the addition of a new international trading member, Barclays Bank Ireland PLC, effective from November 15, 2023. Barclays’ participation in the exchange is seen as a strategic move to provide comprehensive and … Read the full press release
(IN BRIEF) International technology group ANDRITZ has secured an order from Krones AG, Germany, to provide six ADuro S shredders for a polypropylene (PP) recycling plant in the Southeast United States. These shredders, set to be operational in 2024, offer … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged ADuro S shredders, Andritz, Germany, Krones AG, partnership, Polypropylene Recycling, shredders, sustainability, Thomas Gemeiner, USA
(IN BRIEF) UniCredit S.p.A. has confirmed the purchase of an 8.9781% minority stake in Alpha Services and Holdings S.A. in Greece from HFSF at a price of 1.39 Euros per share. This acquisition represents a premium of 9.4% over the … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Management, News, Romania
Tagged acquisition, Alpha Services and Holdings S.A., Greece, HFSF, partnership, Romania, sustainability, UNICREDIT
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