(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) Paris-based GTT has entered into a Technical Assistance and License Agreement (TALA) with COSCO Shipping (Qidong) Offshore, a subsidiary of China COSCO Shipping Corporation Limited. Under this agreement, COSCO Shipping (Qidong) Offshore gains the rights to construct GTT’s … Read the full press release
(IN BRIEF) Wereldhave, a real estate investment company, has signed an agreement with US institutional investors to issue US Private Placement notes (USPP) worth USD 50 million with a seven-year tenor. This transaction follows a similar one in July 2023 … Read the full press release
(IN BRIEF) EDF has taken significant steps in advancing its global nuclear ambitions, submitting a technical and commercial proposal for a new nuclear program in Slovenia using EPR technology, aiming to support the construction of two EPR1200 units or one … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Government, Industrial, Management, Media, News, Slovenia
Tagged Dejan Paravan, EDF, Gen Energija, Global Nuclear Ambitions, Luc Rémont, partnership, Slovenia, sustainability, World Nuclear Exhibition
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a $10 million loan to Acba Bank, a prominent Armenian bank, with support from the European Union (EU) and Sweden. This funding will specifically target women-led small and … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Small Business, Sweden, United Kingdom
Tagged Acba Bank, Armenia, EBRD, European Union (EU), finance, leadership, partnership, SMEs, sustainability, Sweden, women empowerment
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has unveiled a new mining sector strategy outlining its priorities until 2029. Recognizing the mining industry’s pivotal role in developing environmentally friendly economies in line with the Paris Agreement, the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Technology, United Kingdom
Tagged digital transition, EBRD, partnership, sustainability, sustainable mining
(IN BRIEF) The power sector is undergoing a vital transformation to meet climate goals by shifting towards carbon-free electricity production. The European Bank for Reconstruction and Development (EBRD) is actively contributing to this transition through its Renewable Energy Programme, particularly … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Azerbaijan, Bulgaria, clean power, EBRD, fossil fuels, Fuels Transition, MOLDOVA, Montenegro, partnership, renewable energy, Romania, sustainability
(IN BRIEF) bp is acquiring the remaining 50.03% stake in Lightsource bp, a leading utility-scale solar and battery storage developer and operator. This strategic move aims to enhance Lightsource bp’s growth and leverage bp’s complementary capabilities in finance and trading. … Read the full press release
(IN BRIEF) Hillebrand Gori, a subsidiary of DHL, has formed a strategic partnership with the International Wine Challenge (IWC) to become its logistics partner. Starting in 2024, Hillebrand Gori will handle the transportation of all consolidated wine samples for the … Read the full press release
(IN BRIEF) Vodafone Romania has introduced a new type of concept store called EasyTech, designed to enhance the customer experience and offer a wide range of technology products. The first EasyTech store opened in Bucharest, featuring product displays, sales offices, … Read the full press release
Posted in Business, Electronics & Machinery, Marketing, Retail, Romania, Technology, Telecom, United Kingdom
Tagged Bucharest, concept stores, EasyTech, Gheorghe Magheru Boulevard, Magheru One building, retail, Romania, technology, vodafone
(IN BRIEF) A groundbreaking miniaturized spectroscopy module has been created through a partnership between trinamiX, LUMILEDS, and VIAVI Solutions. Designed to run on Qualcomm Technologies’ Snapdragon® 8 Gen 3 reference design, the module brings near-infrared (NIR) spectroscopy to smartphones. This … Read the full press release
Posted in Business, Electronics & Machinery, Germany, Healthcare, Technology, Telecom
Tagged 2023 Qualcomm Snapdragon Summit, Adam Scheer, biomarkers, detector, filter manufacturers, health indicators, LED light sources, light shaping optics, light source, LUMILEDS, Near-infrared spectroscopy, NIR spectroscopy modules, Noman Rangwala, optical filters, Qualcomm Technologies, smartphones, Snapdragon Summit 2023, Snapdragon® 8 Gen 3, spectrometers, trinamiX, VIAVI Solutions, Wilfried Hermes
(IN BRIEF) T-Systems is partnering with Google Cloud to offer Google Distributed Cloud Hosted (GDC Hosted) in Germany, catering to customers with strict data sovereignty needs. GDC Hosted is a disconnected cloud solution, operating on physically isolated servers to ensure … Read the full press release
(IN BRIEF) KORE Insulation has launched its low carbon EPS insulation, which has been selected for use in the Cloughan View housing development in Ballyclare, Northern Ireland, comprising 127 units and developed by the Braidwater Group. The high energy efficiency … Read the full press release
Posted in Business, Chemicals, Construction, Economy, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Real Estate
Tagged BASF, Braidwater Group, Brian Flax, Housing Development, KORE Insulation, Low Carbon EPS Insulation, Neopor, Northern Ireland, partnership, Phil Marsh, Rory Devlin, sustainability
(IN BRIEF) DHL is commencing the construction of a state-of-the-art, carbon-neutral European Innovation Center in Troisdorf, Germany, representing the company’s first venture into timber construction and a strong commitment to sustainability. Set to be completed in April 2025, the new … Read the full press release
Posted in Business, Construction, Economy, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Alexander Biber, carbon-neutral, DHL, Europe, Germany, Innovation Center, Katja Busch, partnership, sustainability, Sustainable Timber Construction, Troisdorf
(IN BRIEF) Equinor has reached an agreement to divest its Nigerian business, including its 53.85% ownership in oil and gas lease OML 128, which encompasses a 20.21% stake in the Agbami oil field operated by Chevron, to Nigerian-owned Chappal Energies. … Read the full press release
(IN BRIEF) INEOS Aromatics has announced its decision to temporarily mothball the smaller of its two PTA (Purified Terephthalic Acid) units at its integrated production facility in Geel, Belgium. This move comes as a response to challenging market conditions that … Read the full press release
(IN BRIEF) Vereinigte Verlagsauslieferung (VVA), a part of Arvato, is poised for a historic year of organic growth in 2024, marking its most significant expansion since its establishment over 60 years ago. VVA has successfully recruited prestigious publishers, including Beltz, … Read the full press release
Posted in Business, Germany, Industrial, Management, Media, News, Technology
Tagged Andreas Falkinger, Arvato, Beltz, Bertelsmann, Campus Verlag, Diogenes Verlag, Junfermann Verlag, Klett-Cotta Verlag, Marianne Rübelmann, partnership, Philipp Keel, publishers, Record Organic Growth, Stephan Schierke, VVA
(IN BRIEF) ZF Aftermarket is bolstering its electric drivetrain offerings by introducing repair kits for electric axle drives. While electric motors are known for their durability and limited moving parts, they can still require repairs due to factors like dirt, … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News, Technology
Tagged Electric Axle Drives, Independent Workshops, Repair Kits, ZF
(IN BRIEF) Krka, a Slovenian pharmaceutical company, has been honored with the TOP Education Management certificate at the Edutainment 2023 convention. This recognition is presented to Slovenian companies that demonstrate a strong commitment to employee education and development. Krka’s Head … Read the full press release
Posted in Awards, Business, Education, Industrial, Management, News, Pharma & Biotech, Slovenia
Tagged Awards, Employee Development, investment, Krka, Simona Torkar Flajnik, TOP Education Management Certificate
(IN BRIEF) Swisscom has once again secured the top spot in the connect mobile network test, earning an impressive 981 out of 1000 points, the highest score ever awarded by the consumer magazine and the umlaut measuring institute in international … Read the full press release
Posted in Awards, Business, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology, Telecom
Tagged 14th Connect Mobile Network Test, Award, Gerd Niehage, INNOVATION, Swisscom
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