(IN BRIEF) Guangdong Hengan Paper Co., Ltd. has successfully initiated operations of two cutting-edge ANDRITZ PrimeLine tissue machines at its Yunfu mill in Guangdong, China. With these additions, Hengan now operates a total of 15 ANDRITZ tissue machines. The PrimeLineCOMPACT … Read the full press release
Posted in Austria, Business, Electronics & Machinery, Environment, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, Guangdong Hengan Paper Co., High-Speed Tissue Machines, Mr. Wang Xiangyang, Mr. Xie Zhengba, partnership, PrimeLineCOMPACT M 1600 machines, sustainability
(IN BRIEF) Ørsted has announced its decision to reposition the Skipjack Wind project, a combined 966 MW offshore wind project off the coast of the Delmarva peninsula in the US, to explore future offtake opportunities. In consultation with the State … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Government, Industrial, Infrastructure & Utilities, Management, News
Tagged David Hardy, Skipjack Wind Project, Ørsted
(IN BRIEF) Leadec, a global service specialist for factory lifecycle management, is enhancing its Green Factory Solutions with the introduction of a new Sustainability, Environmental, and Waste Services Green Hub in Coventry, UK. This expansion aims to bolster the company’s … Read the full press release
(IN BRIEF) bp and Equinor have entered into an agreement to restructure the ownership of their joint US offshore wind projects, resulting in bp acquiring Equinor’s 50% stake in the Beacon Wind 1 and 2 projects, while Equinor takes ownership … Read the full press release
(IN BRIEF) The Nomination Committee of AB Electrolux has put forth a proposal for the election of Geert Follens, Daniel Nodhäll, and Michael Rauterkus as new members of the Board of Directors at the company’s Annual General Meeting on March … Read the full press release
Posted in Business, Electronics & Machinery, Industrial, Management, News, Sweden, Technology
Tagged AB Electrolux, appointment, Board Members, Daniel Nodhäll, David Porter, Fredrik Persson, Geert Follens, Henrik Henriksson, Jonas Samuelson, Karin Overbeck, leadership, Michael Rauterkus, Petra Hedengran, Staffan Bohman, Torbjörn Lööf, Ulla Litzén
(IN BRIEF) AFRY is expanding its strategic partnership with Hägglunds, a prominent Swedish defense and security company known for military vehicle and systems development. AFRY has secured a new contract valued at around SEK 300 million to provide advanced engineering … Read the full press release
Posted in Business, Defence, Industrial, Security & Safety, Sweden, Technology, Transportation & Logistics
Tagged AFRY, CV90, Defence, Gothenburg, Hägglunds, Lars Pettersson, Martin Öman, military vehicles, SECURITY, Trollhättan
(IN BRIEF) Germany’s Federal Office for Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) has signed a €1.2 billion development contract with the Short- and Very Short-Range Air Defence System Consortium (ARGE NNbS) for the “Air Defence System, Short- and … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged ARGE NNbS, BAAINBw, Diehl Defence GmbH & Co. KG, Germany, Hensoldt Sensors GmbH, partnership, Rheinmetall, Short- and Very Short-Range Air Defence System Development
(IN BRIEF) thyssenkrupp Materials Services has opened a new $37 million service center in San Luis Potosí, Mexico, with a focus on sustainability and electromobility. The facility will create approximately 65 jobs and aims to support the growing automotive supply … Read the full press release
(IN BRIEF) Hellas Sat and Thales Alenia Space have entered into a partnership to develop an optical communication payload for the upcoming Hellas Sat 5 telecommunications satellite. The aim is to offer cutting-edge communication services with high data rates from … Read the full press release
Posted in Aviation & Aerospace, Business, France, Greece, Industrial, Technology, Telecom
Tagged CNES, ESA, France Relance, Hellas Sat, Hellas Sat 5 telecommunications satellite, LEO HydRON telecommunication satellite, Leonardo, optical communication payload, Thales, Thales Alenia Space, Vertigo H2020 programme
(IN BRIEF) In 2023, the European Bank for Reconstruction and Development (EBRD) marked a historic investment of €846 million in Serbia, a significant increase from the previous year and surpassing the previous record of €679 million in 2020. The EBRD’s … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Serbia, United Kingdom
Tagged EBRD, economic growth, green transition, investment, Matteo Colangeli, partnership, SERBIA, sustainability
(IN BRIEF) In 2023, the European Bank for Reconstruction and Development (EBRD) marked a significant increase in investments in Ukraine, deploying a record €2.1 billion, following €1.7 billion in 2022. The EBRD’s investment efforts were directed toward supporting Ukraine’s recovery … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Ukraine
Tagged EBRD, investment, Odile Renaud-Basso, partnership, reconstruction, recovery, sustainability, UKRAINE
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) reported a record investment of €2.48 billion in Turkey for 2023, marking a significant increase from previous years. The EBRD’s commitment to supporting Turkey’s private sector and green transition remained … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a €150 million loan for Moldova to support the rehabilitation of crucial roads, particularly around the capital, Chisinau. The loan will fund the expansion and enhancement of the … Read the full press release
Posted in Banks, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Moldova, News, United Kingdom
Tagged Chişinău, EBRD, MOLDOVA, partnership, Road Rehabilitation Projects
(IN BRIEF) The European Investment Bank (EIB) has signed a €28 million loan agreement with Cold Lake Invest AB, a Swedish company, to support its innovative project for the sustainable land-based farming of Arctic char. This initiative aims to address … Read the full press release
Posted in Agriculture, Banks, Business, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Sweden
Tagged Andreas Ericson, Arctic Char, Cold Lake, EIB, Farming Project, Liisa Raasakka, partnership, sustainability, Sweden
(IN BRIEF) On January 24, 2024, Outokumpu finalized the repurchase of its own shares, totaling 153,195 shares across various trading venues, with a weighted average price of EUR 3.99 per share and a total cost of EUR 611,483.24. This share … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged acquisition, Financial, investment, Outokumpu, share repurchase program, shares
(IN BRIEF) Outokumpu is set to release its financial statements for 2023 on February 8, 2024, at 9:00 am EET. Later the same day, at 3:00 pm EET, a live webcast and conference call will be hosted by President and … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Media, Metals and Minerals, News
Tagged financial statements, Heikki Malinen, investment, Outokumpu, Pia Aaltonen-Forsell, webcast
(IN BRIEF) Kapsch TrafficCom has launched a state-of-the-art toll collection system at the LA1 tolling facility in Louisiana. The facility, originally established in 2009, plays a crucial role in supporting industries like oil, petroleum, and chemicals in southern Louisiana while … Read the full press release
(IN BRIEF) Astronomers, led by Faith Hawthorn at the University of Warwick, have identified 85 potential exoplanets outside our solar system with temperatures comparable to planets in our own Solar System, making them potentially habitable. These exoplanet candidates, similar in … Read the full press release
(IN BRIEF) New research conducted by the Institute of Psychiatry, Psychology & Neuroscience (IoPPN) at King’s College London, in collaboration with the University of Exeter, the London School of Hygiene & Tropical Medicine, and the University of Liverpool, reveals that … Read the full press release
Posted in Business, Education, Financial, Healthcare, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged Childbirth, Community Perinatal Mental Health Teams, London School of Hygiene & Tropical Medicine, partnership, Professor Dharmintra Pasupathy, Professor Helen Sharp, Professor Louise Howard, Relapse Risk, Severe Mental Illness, University of Exeter, University of Liverpool, WOMEN
(IN BRIEF) The University of Liverpool’s VISION group, focusing on visual impairment in acquired brain injury and neurological conditions, has received £569,000 in funding from the National Institute for Health and Care Research (NIHR). Led by Professor Fiona Rowe, the … Read the full press release
Posted in Business, Education, Financial, Healthcare, Industrial, Investment, Management, News, Non Profit, Science, Technology, United Kingdom
Tagged Brain Injury, funding, National Institute for Health and Care Research (NIHR), neurological conditions, partnership, Professor Fiona Rowe, University of Liverpool, VISION Group, Visual Impairment Care
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