(IN BRIEF) CUPRA, the Spanish automaker, has made its mark in Paris by opening its first CUPRA City Garage on the prestigious Boulevard de la Madeleine. The new City Garage, celebrated with an event featuring French pastry chef Jeffrey Cagnes … Read the full press release
Posted in Automotive, Business, Environment, Financial, France, Government, Industrial, Investment, Management, Media, News, Spain, Technology
Tagged CUPRA, electric SUV, Inaugural City Garage, Paris, partnership, Robert Breschkow, SEAT, sustainability, Wayne Griffiths
(IN BRIEF) Siemens has revealed a $150 million investment in a new advanced manufacturing plant located in Dallas-Fort Worth. The facility will produce cutting-edge electrical equipment to support American data centers and critical infrastructure, catering to the growing demand for … Read the full press release
Posted in Business, Economy, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Dallas-Fort Worth, High-Tech Manufacturing Plant, infrastructure, investment, partnership, Roland Busch, Siemens, sustainability, U.S. Data Centers
(IN BRIEF) Siemens has implemented its advanced software solutions, LV Insights® X and Spectrum PowerTM 7 ADMS, for Norwegian distribution system operator (DSO) Elvia to enhance its distribution grid management. The LV Insights® X software allows Elvia to create a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged Elvia, Erik Jansen, grid management, LV Insights® X, Norway, partnership, Sabine Erlinghagen, Siemens, software, Spectrum PowerTM 7 ADMS, sustainability
(IN BRIEF) Nicolas Denis has been appointed as the Chief Executive Officer of Crédit Agricole Assurances, effective from January 1, 2024, following approval by the Crédit Agricole Assurances Board of Directors. In his new role, Denis will report directly to … Read the full press release
Posted in Banks, Business, Financial, France, Industrial, Insurance, Investment, Management, News
Tagged appointment, CEO, Crédit Agricole Assurances, leadership, Nicolas Denis, Olivier Gavalda, Philippe Dumont
(IN BRIEF) Edelvika, a Ukrainian clothing and textile manufacturer, has undergone a remarkable transformation from primarily producing filter bags to focusing on fashion-related products, particularly traditional embroidered blouses called vyshyvanka. Despite the challenges posed by the war in Ukraine, the … Read the full press release
Posted in Apparel, Fashion & Beauty, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Ukraine, United Kingdom
Tagged EBRD, Edelvika, fashion, filter bags, partnership, sustainability, UKRAINE, vyshyvanka, Yuriy Perekhodko
(IN BRIEF) Vestas, a leading wind turbine manufacturer, has received a firm order from Strom 2020 GmbH & Co. KG for the Bosau wind project in Germany. The order includes the supply, delivery, and commissioning of seven V150-6.0 MW wind … Read the full press release
(IN BRIEF) CapMan Hotels II fund has entered into an agreement to acquire “KOY Oulun Kuvernööri,” a five-story office property in Oulu city center, Finland. The plan is to transform the building into an extension of Lapland Hotels Oulu, increasing … Read the full press release
Posted in Business, Environment, Financial, Finland, Industrial, Investment, Management, News, Real Estate
Tagged Ari Vuorentausta, CapMan Hotels, expansion, Finland, Juhani Erke, KOY Oulun Kuvernööri, Lapland Hotels, Oulu, partnership, sustainability
(IN BRIEF) Swiss Re, a global reinsurance company, has announced strong financial results for the first nine months of 2023, posting a net income of USD 2.5 billion. In the third quarter alone, the company recorded a profit of USD … Read the full press release
Posted in Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged Christian Mumenthaler, earnings, Financial, investment, John Dacey, Swiss Re
(IN BRIEF) Borealis, a leading provider of innovative solutions in the plastics industry, has announced the successful completion of its acquisition of Rialti S.p.A., a prominent European polypropylene (PP) compounder specializing in sustainable PP compounds made from mechanically recycled feedstock. … Read the full press release
Posted in Austria, Business, Chemicals, Environment, Financial, Government, Industrial, Investment, Italy, Management, News, Technology
Tagged acquisition, Borealis, Italy, Lucrèce Foufopoulos, Massimo Dal Toso, partnership, polypropylene, Recyclate-Based, Rialti, sustainability
(IN BRIEF) Indra has secured a contract with Puertos del Estado to enhance and adapt the Spanish Port Maritime Single Window to European standards, aiming to boost the competitiveness of Spain’s ports and foreign trade. The project involves aligning the … Read the full press release
(IN BRIEF) Evonik’s Mobile, Alabama site has earned the prestigious ISCC PLUS sustainability certificate for its pioneering use of renewable acetone in the production of isophorone-based products, allowing Evonik to introduce its VESTA eCO series to the U.S. market. By … Read the full press release
Posted in Awards, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Alabama, Award, Christian Schmidt, Crosslinkers, Evonik, ISCC PLUS certification, Isophorone, John Duggan, Mobile, partnership, renewable, sustainability, VESTA eCO
(IN BRIEF) STARK Group, a leading provider of building materials and solutions, is extending its reach in Northern Finland by inaugurating a new branch in Rovaniemi. This expansion adds to the company’s existing network of 27 branches throughout Finland. Rovaniemi, … Read the full press release
(IN BRIEF) In the third quarter of 2023, global shipping and logistics giant Maersk reported financial results that mirrored expectations but reflected the harsh realities of a challenging market environment. With revenues of USD 12.1 billion, down significantly from the … Read the full press release
Posted in Business, Denmark, Economy, Financial, Industrial, Investment, Management, News, Transportation & Logistics
Tagged Financial, investment, Maersk, Vincent Clerc
(IN BRIEF) TÜV Rheinland has unveiled a new “Eye Comfort” star-rating certification designed to assess and classify displays based on their eye comfort features using a transparent 5-star rating system. The certification evaluates three technical dimensions related to eye comfort: … Read the full press release
Posted in Awards, Business, Germany, Healthcare, Industrial, News, Science, Technology
Tagged 5-Star Certification, Awards, Dell Technologies, Eye Comfort, Stanley Liu, TÜV Rheinland
(IN BRIEF) The European Investment Bank (EIB) will provide advisory assistance to the Bulgarian Ministry of Innovation and Growth to enhance the effectiveness of the development financial institutions it supervises, with the aim of better supporting the Bulgarian economy. The … Read the full press release
Posted in Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Bulgaria, Bulgarian Development Bank (BDB), economy, European Investment Bank, Financial, Fund Manager of Financial Instruments in Bulgaria (FMFIB), Kyriacos Kakouris, Milena Stoycheva, partnership, sustainability
(IN BRIEF) Dutch AgriTech company In Ovo has entered into a €40 million loan agreement with the European Investment Bank (EIB) to advance its proprietary Ella® technology. The technology enables the early identification of the sex of eggs through high-throughput … Read the full press release
Posted in Agriculture, Banks, Business, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Luxembourg, Management, Netherlands, News, Small Business, Technology
Tagged Dutch AgriTech, Ella® Technology, European Investment Bank, In Ovo, Kris Peeters, partnership, Poultry Egg Production, Stella Kyriakides, sustainability, Wouter Bruins
(IN BRIEF) Allianz X, the digital investments division of global insurer Allianz Group, has announced a strategic investment in NEXT Insurance, a leading technology-focused small business insurer in the United States. Allstate is also participating in this investment round, bringing … Read the full press release
Posted in Business, Economy, Environment, Financial, Germany, Industrial, Insurance, Investment, Management, News, Small Business, Technology
Tagged Allianz Group, Allianz X, Guy Goldstein, INNOVATION, insurance, investment, Nazim Cetin, NEXT Insurance, partnership, small business, SMEs, sustainability
(IN BRIEF) Elli, a brand under the Volkswagen Group, has introduced Elli Fleet Charging, an intelligent solution for managing and optimizing electric vehicle (EV) fleets across Europe. Initially available in Germany, Italy, Spain, and Austria, the platform allows companies to … Read the full press release
Posted in Austria, Automotive, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Spain, Technology, Transportation & Logistics
Tagged Austria, electric vehicle, Elli, Elli Fleet Charging, Europe, Germany, Giovanni Palazzo, Italy, partnership, Spain, sustainability, Volkswagen
(IN BRIEF) BASF, a global chemical company, has entered into an innovation partnership with 3Helix Inc., a U.S.-based technology start-up, to leverage 3Helix’s proprietary CHP (Collagen Hybrid Peptides) technology. This collaboration involves an equity investment and licensing agreement, granting BASF … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged 3Helix, Anti-Aging Technology, BASF, CHP technology, Dr. Marina Safont Sempere, INNOVATION, Mike Kirkness, partnership, sustainability
(IN BRIEF) Deutsche Telekom’s wholly-owned subsidiary, Deutsche Telekom MMS, has announced its participation in the Aleph Zero network as a validator. The subsidiary has established validator nodes on both the mainnet and testnet of Aleph Zero’s privacy-enhancing layer 1 blockchain. … Read the full press release
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