(IN BRIEF) FUCHS SE has signed a letter of intent to acquire Swiss lubricant company STRUB & Co. AG as part of its strategy to expand its market presence in Switzerland. The acquisition will provide FUCHS with direct access to … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Switzerland, Technology
Tagged acquisition, FUCHS SE, Lubricant, partnership, STRUB & Co. AG, sustainability, Switzerland
(IN BRIEF) Benchmark has won the Best Network award at the Money Marketing Awards 2024 for the third year in a row. The company was recognized for its innovative business model, advancements in technology, and its efforts in addressing Consumer … Read the full press release
Posted in Awards, Business, Financial, Industrial, Investment, Management, Marketing, News, United Kingdom
Tagged Awards, Benchmark, Best Network Award, Ed Dymott, leadership, Money Marketing Awards
(IN BRIEF) Kapsch TrafficCom will present its latest transportation innovations at the ITS World Congress 2024 in Dubai from September 16-20. The company will showcase cutting-edge solutions like satellite-based tolling, multi-lane free-flow tolling, and advanced traffic management systems. Visitors to … Read the full press release
(IN BRIEF) The MaksGrid project, led by DNV and supported by the Pilot-E scheme, aims to increase Norway’s power grid utilization by 25% through innovative solutions like dynamic transmission limits and coordinated system control. The initiative, funded with NOK 26 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged and The Norwegian Smartgrid Centre, DNV, MaksGrid Project, Norway, partnership, power grid, SINTEF Energy, Statnett, sustainability
(IN BRIEF) Deutsche Bahn has agreed to sell its logistics subsidiary, DB Schenker, to Danish company DSV for €14.8 billion. The deal, expected to complete in 2025, will help Deutsche Bahn focus on its core rail business and reduce debt, … Read the full press release
(IN BRIEF) Aegon has appointed Michele Bareggi as its new Chief Strategy, Transformation & Growth Officer, effective November 1, 2024. Bareggi, with over 25 years of experience in the financial services industry, previously led significant growth at Athora and held … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Insurance, Investment, Management, Netherlands, News
Tagged Aegon, appointment, Chief Strategy and Growth Officer, Duncan Russell, Lard Friese, leadership, Michele Bareggi
(IN BRIEF) Vodafone and Three UK have responded to the CMA’s provisional findings, disputing concerns that their merger could reduce competition and lead to price increases. The companies argue that the £11 billion merger will improve 5G infrastructure, enhance competition, … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged 5G infrastructure, acquisition, Competition and Markets Authority’s (CMA), Margherita Della Valle, MERGER, partnership, Robert Finnegan, sustainability, Three UK, vodafone
(IN BRIEF) The Ministry of Defence has awarded BAE Systems a £60 million contract to enhance the Royal Navy’s Sting Ray lightweight torpedo. Over a four-year period, the project will focus on technological upgrades to address emerging threats in anti-submarine … Read the full press release
(IN BRIEF) Tobias Atzler has been appointed as the new Head of Investor Relations at Siemens AG, effective October 1, 2024. With over 13 years of experience in the investor relations department and a long-standing career at Siemens, Atzler will … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Technology
Tagged appointment, Head of Investor Relations, leadership, Ralf P. Thomas, Siemens, Tobias Atzler
(IN BRIEF) Crédit Agricole Assurances has invested in Scope Group, joining other major French financial institutions like AXA and BPCE in supporting Europe’s only independent rating agency accepted by the European Central Bank. This investment is part of broader efforts … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Germany, Government, Industrial, Insurance, Investment, Management, News
Tagged Credit Agricole, Crédit Agricole Assurances, Europe, Financial, Florian Schoeller, Germany, Nicolas Denis, partnership, Scope Group, sustainability
(IN BRIEF) UEA will host an art exhibition from 30 September to 18 October, showcasing works by South African artist Norman Kaplan, who used his art to protest apartheid. The exhibition, featuring Kaplan’s linocuts and cartoons, will mark the 30th … Read the full press release
Posted in Art & Culture, Business, Education, Financial, Government, Industrial, Investment, Management, Media, News, Society, United Kingdom
Tagged Apartheid, art exhibition, Caroline Kamana, Dr. Nicholas Grant, Norman Kaplan, South Africa, UEA
(IN BRIEF) Webuild has been ranked as the global leader in the water sector by the 2024 ENR rankings, continuing a decade-long dominance. The company also climbed to 14th place among international contractors, with over $7 billion in revenue outside … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Australia, Awards, partnership, sustainability, Water Sector, Webuild
(IN BRIEF) Symrise AG has appointed Walter Ribeiro to its Executive Board, where he will lead the Taste, Nutrition & Health segment starting September 15, 2024. Ribeiro, a long-time Symrise executive, has been instrumental in the company’s growth in the … Read the full press release
Posted in Business, Food & Beverage, Germany, Industrial, Management, News
Tagged appointment, Dr Jörn Andreas, Dr. Jean-Yves Parisot, Executive Board, leadership, Michael König, Symrise, Walter Ribeiro
(IN BRIEF) DSV has agreed to acquire Schenker, Deutsche Bahn’s logistics subsidiary, for €14.3 billion, marking its largest acquisition to date. The combined company will have a presence in over 90 countries, with a workforce of 147,000 and pro forma … Read the full press release
(IN BRIEF) Wolters Kluwer has nominated Anjana Harve, currently the EVP and CIO at BJ’s Wholesale Club, for a position on its Supervisory Board, pending approval at an Extraordinary General Meeting (EGM) on October 28, 2024. Harve, a seasoned IT … Read the full press release
Posted in Business, Industrial, Management, Netherlands, News, Technology
Tagged Anjana Harve, Ann Ziegler, appointment, leadership, Supervisory Board, Wolters Kluwer
(IN BRIEF) ZEISS Medical Technology will introduce new digital and AI-driven innovations at the EURETINA 2024 conference. Key highlights include the ZEISS ARTEVO 850 3D digital visualization system and the EVA NEXUS surgical system, which enhance precision and safety in … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Financial, Germany, Healthcare, Industrial, Investment, Management, Media, News, Science, Technology
Tagged AI-powered, CIRRUS PathFinder, Diagnostic Innovations, EURETINA 2024, EVA NEXUS surgical system, Retinal Surgery, ZEISS, ZEISS ARTEVO 850 3D digital visualization system
(IN BRIEF) Abolis Biotechnologies has secured €35 million from a global consortium of investors, including Evonik Venture Capital, BOLD (L’Oréal’s fund), and the DeepTech & Climate Fonds. This investment will help the company expand its biomanufacturing capabilities and bring sustainable, … Read the full press release
Posted in Business, Chemicals, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, Netherlands, News, Pharma & Biotech, Science, Technology
Tagged Abolis Biotechnologies, BOLD (Business Opportunities for L’Oréal Development), Clay Capital, DeepTech & Climate Fonds, Evonik, France, investment, Netherlands, partnership, Singapore, sustainability
(IN BRIEF) The EBRD Board of Directors will visit Estonia from 15-17 September and Latvia from 17-20 September 2024 for consultations with senior government officials, business leaders, and international partners. The delegation will review EBRD-funded public and private projects, with … Read the full press release
Posted in Banks, Business, Economy, Environment, Estonia, Financial, Industrial, Investment, Latvia, Management, News, Technology, United Kingdom
Tagged Arvils Aseradens, EBRD, Estonia, investment, Latvia, Madis Muller, partnership, sustainability
(IN BRIEF) EIB Vice President Ioannis Tsakiris praised the collaboration between the European Investment Bank (EIB) and ESB in supporting Ireland’s National Smart Metering Programme. Backed by €450 million in EIB funding, the initiative aims to help 2 million Irish … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Luxembourg, Management, News, Technology
Tagged EIB, ESB, Ioannis Tsakiris, Ireland, Paul Stapleton, Smart Metering Programme
(IN BRIEF) Danish foodtech start-up MATR Foods has received a €20 million loan from the European Investment Bank (EIB) to expand its production of plant-based meat alternatives. Backed by the European Commission’s InvestEU initiative, the funding will help MATR build … Read the full press release
Posted in Banks, Business, Denmark, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged Denmark, EIB, Ioannis Tsakiris, MATR Foods, partnership, Plant-Based Meat Production, Randi Wahlsten, sustainability
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