(IN BRIEF) Andree Stracke, the CEO of RWE Supply & Trading, is retiring after 24 years of service. Peter Krembel, currently the Chief Commercial Officer (Trading), will succeed him. Stracke is praised for his contributions to RWE’s energy trading business, … Read the full press release
(IN BRIEF) KPN unveils its Integrated Annual Report 2023 titled “Connected Growth,” highlighting a year of significant achievements and strategic advancements. The report emphasizes KPN’s commitment to expanding digital connectivity across the Netherlands, with notable growth in all segments and … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology, Telecom
Tagged Financial, investment, KPN, sustainability
(IN BRIEF) Yara Brasil Fertilizantes S.A. (Yara) and Petrobras have entered into a non-binding Memorandum of Understanding (MOU) aimed at exploring potential business collaborations concerning the production and decarbonization of local fertilizer and industrial products in Brazil. With Brazil being … Read the full press release
Posted in Agriculture, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Norway
Tagged Brasil, decarbonization, fertilizer, industrial sectors, partnership, Petrobras, sustainability, Yara
(IN BRIEF) Beiersdorf AG, a global leader in skincare, has reported exceptional financial results for fiscal year 2023, with group sales reaching a record high of €9.5 billion, marking a significant organic increase of 10.8%. The Consumer Business Segment experienced … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Economy, Financial, Germany, Industrial, Investment, Management, News
Tagged Beiersdorf AG, Consumer Segment, Financial, investment, Vincent Warnery
(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, has successfully concluded its share repurchase program, acquiring a total of 71,000 of its own shares across trading venues CEUX and XHEL. The company initiated the buyback program on November 29, 2023, … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, OUTOKUMPU OYJ, Shares Buyback Program
(IN BRIEF) International technology conglomerate ANDRITZ has announced unprecedented financial achievements for the fiscal year 2023, marking a second consecutive year of record highs. The company reported a remarkable surge in revenue, net income, and EBITA, reaching 8.7 billion EUR, … Read the full press release
Posted in Austria, Business, Economy, Financial, Industrial, Investment, Management, News, Technology
Tagged Andritz, Financial, investment, Joachim Schönbeck
(IN BRIEF) The European Investment Bank (EIB) and European Investment Fund (EIF) have forged agreements with Bulgarian partners, including Allianz Bank Bulgaria (ABB) and United Bulgarian Bank (UBB), to enhance the country’s economy and advance its transition to carbon neutrality. … Read the full press release
Posted in Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Allianz Bank Bulgaria (ABB), Bulgarian Economy, Dobromir Dobrev, EIB, Georgi Zamanov, Julian Popov, Kyriacos Kakouris, partnership, Rumen Radev, SMEs, sustainability, United Bulgarian Bank (UBB)
(IN BRIEF) Schroders celebrates its recognition as the leading financial institution in Global Canopy’s Forest 500 annual assessment, reaffirming its commitment to addressing deforestation in investment operations and supply chains. The report, evaluating companies and financial institutions across key commodities, … Read the full press release
Posted in Awards, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Awards, deforestation, Financial, investment, Sarah Woodfield, Schroders, sustainability
(IN BRIEF) San Francisco maintains its leading position in Schroders’ Global Cities Index for the second consecutive year, driven by the resilience of its tech sector despite social challenges. London ascends to second place, surpassing its 2023 ranking, despite slower … Read the full press release
Posted in Awards, Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Awards, Financial, Hugo Machin, investment, London, San Francisco, Schroders, Second Place
(IN BRIEF) Safran Aircraft Engines has unveiled plans to establish a new foundry works, Safran Turbine Airfoils, in Rennes, Brittany, aimed at producing turbine blades for key engine programs like the M88 and the CFM International LEAP. Scheduled to commence … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Brittany, Jean-Paul Alary, Loïg Chesnais-Girard, Nathalie Appéré, Olivier Andries, Rennes, Safran Aircraft Engines, Safran Turbine Airfoils, turbine blade manufacturing
(IN BRIEF) Effective March 1, 2024, Dr. Denis Hinz will assume the role of Head of SGL Carbon’s Carbon Fibers Business Unit, succeeding Roland Nowicki, who will depart from the company on May 31, 2024, to pursue new endeavors. Nowicki, … Read the full press release
(IN BRIEF) At the Silicone Expo Europe, commencing in Amsterdam, the WACKER Group is set to showcase its latest silicone-based product solutions tailored for various industrial sectors. These offerings include silicone gels for wound care, non-postcuring liquid silicone rubber for … Read the full press release
(IN BRIEF) During the Mobile World Congress (MWC), Telefónica Movistar announced its commitment to continue supporting the Movistar KOI eSports team for three more years, marking a decade of involvement in eSports since its pioneering entry into the field. Movistar … Read the full press release
Posted in Business, Entertainment, Financial, Industrial, Investment, Management, Media, News, Spain, Sports, Technology, Telecom
Tagged Gerard Piqué, Ibai Llanos, Movistar KOI eSports Team, MWC 2024, partnership, sports, Telefonica, Telefónica Movistar
(IN BRIEF) Ahold Delhaize unveils its 2023 Annual Report, highlighting its financial and non-financial performance amidst challenging circumstances. The report underscores the company’s dedication to creating value for customers and communities while advancing towards a healthier and sustainable food system. … Read the full press release
Posted in Business, Commodities, Economy, Environment, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail
Tagged 2023 Annual Report, Ahold Delhaize, Commitment, Financial, Frans Muller, investment, resilience, sustainability
(IN BRIEF) Uniper reports outstanding financial results for the 2023 fiscal year, with adjusted EBIT reaching €6,367 million, a significant improvement from the previous year. The company’s strategic hedging transactions and operational enhancements contributed to this success, particularly in its … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News
Tagged Financial, investment, Jutta Dönges, Michael Lewis, Uniper
(IN BRIEF) Daimler Truck is at the forefront of safety innovation as stricter EU regulations for new trucks, buses, and coaches are set to take effect in July 2024. With its latest safety systems, Daimler Truck not only meets but … Read the full press release
(IN BRIEF) Infineon Technologies AG is embarking on a path of ambitious growth by revamping its sales organization structure, effective from March 1. The restructuring will see the sales team organized into three customer-centric Sales Segments: “Automotive”, “Industrial & Infrastructure”, … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Andreas Urschitz, Financial, growth strategy, Infineon, investment
(IN BRIEF) At the Applied Power Electronics Conference (APEC), Infineon Technologies AG launched a new family of Solid-State Isolators (iSSI) designed to enhance circuit switching performance. Using coreless transformer technology, the iSSI offer improved energy transfer and protection features not … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Technology
Tagged Circuit Switching, Davide Giacomini, Infineon, Solid-State Isolators
(IN BRIEF) Holcim has proposed the election of Michael H. McGarry, former Chairman and Chief Executive of PPG Industries, to its Board of Directors at the upcoming Annual General Meeting in May 2024. With a background in global business leadership … Read the full press release
Posted in Business, Construction, Industrial, Infrastructure & Utilities, Management, News, Switzerland
Tagged appointment, Board of Directors, holcim, Jan Jenisch, leadership, Michael H. McGarry
(IN BRIEF) Holcim, a global leader in building materials, has reported stellar financial results for the full year of 2023, with net sales reaching CHF 27.009 billion and recurring EBIT hitting CHF 4.76 billion. These figures represent an organic growth … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland
Tagged Financial, holcim, investment, Jan Jenisch, sustainability
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