(IN BRIEF) Aviva has successfully finalized a £140 million bulk purchase annuity full scheme buy-in transaction with the Trustee of the Guilbert UK Retirement Benefits Plan, sponsored by Office Depot UK Pension Sponsor Limited. This transaction covers around 1,500 members … Read the full press release
Posted in Business, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Aviva, Bulk Annuity Deal, Emma Thomas, Financial, investment, Jani Singh, Member Benefits, Michelle Doman, Mike Roberts, Niamh Hamlyn, pension, retirement
(IN BRIEF) HEINEKEN, the world’s leading brewer, has partnered with Siemens to advance its global Net Zero Production roadmap. The collaboration aims to achieve net-zero emissions in Scopes 1 and 2 across all production sites by 2030. Siemens will deploy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Switzerland, Technology
Tagged Dolf van den Brink, Heineken, Matthias Rebellius, Net Zero Production, Netherland, partnership, Siemens, sustainabilty
(IN BRIEF) The Baltic Power offshore wind farm, a collaboration between ORLEN Group and Northland Power, is set to become the world’s first to construct wind turbines using low-emission steel produced predominantly from recycled materials in an electric arc furnace … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Poland
Tagged Baltic Power, Daniel Obajtek, Dieter Dehoorne, Low-Emission Steel, Mike Crawley, Northland Power, offshore wind farm, ORLEN, partnership, recycled materials, sustainabilty, turbines
(IN BRIEF) Siemens Digital Industries Software has unveiled the new Teamcenter SLM app on Salesforce AppExchange, developed in partnership with Salesforce. This app combines Siemens’ Teamcenter Service Lifecycle Management (SLM) solution with Salesforce Manufacturing Cloud and Salesforce Service Cloud, bridging … Read the full press release
(IN BRIEF) Shell has entered into an agreement to divest its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC), to the Renaissance consortium. This consortium comprises four Nigerian exploration and production companies and an international energy … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) is set to provide a substantial lending package of slightly over $1.038 billion (€942.6 million) to support the expansion of Northvolt’s gigafactory in Skellefteå, Sweden. This financing is a crucial component of a … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Sweden, Transportation & Logistics
Tagged EIB, Gigafactory, investment, Maroš Šefčovič, Northvolt, partnership, Peter Carlsson, sustainabilty, Sweden, Thomas Östros
(IN BRIEF) The Petroleum Authority of Uganda (PAU) and Uganda’s National Bureau of Standards (UNBS) have granted approval to SGS to offer Pre-Export Verification of Conformity (PVoC) services for equipment and materials intended for Oil and Gas projects in Uganda. … Read the full press release
(IN BRIEF) Accenture’s latest report, “Work, workforce, workers: Reinvented in the age of generative AI,” emphasizes the need for business leaders to expand their focus beyond the impact of generative AI on specific tasks and roles. Instead, they should concentrate … Read the full press release
Posted in Business, Healthcare, Industrial, Ireland, Management, News, Technology
Tagged Accenture, Ellyn Shook, generative AI, Paul Daugherty, Prioritize, well-being, Worker
(IN BRIEF) R-evolution, the sustainable innovation and green-tech investment subsidiary of Hexagon, has unveiled its forest initiative called Green Cubes, aimed at accelerating global biodiversity rainforest conservation. Utilizing Hexagon’s reality capture technology, Green Cubes allows corporations to sponsor rainforest segments … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) has provided a USD 97.3 million (EUR 88.30 million) loan to Northvolt Ett AB, as part of a consortium, for the establishment of an integrated lithium-ion battery manufacturing and recycling facility in Skellefteå, … Read the full press release
(IN BRIEF) Onera Health, a leader in sleep diagnostic and monitoring solutions, has successfully completed a €30 million ($32 million) Series C financing round. The funding was led by EQT Life Sciences and co-led by Gimv, with participation from existing … Read the full press release
(IN BRIEF) Alfa Laval has unveiled the “Free Rotating Retractor,” a highly efficient retractable cleaning device designed to address the challenges of cleaning confined spaces with hard-to-reach shadow areas in hygienic processing lines such as milk or infant powder plants. … Read the full press release
(IN BRIEF) ING has reported the completion of its €2.5 billion share buyback program, which was initiated on November 2, 2023. During the week of January 8, 2024, up to January 12, 2024, the company repurchased a total of 4,485,148 … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Financial, ING, investment, Share Buyback Program
(IN BRIEF) Prudential plc has announced the appointment of Arjan Toor as its new CEO Health, effective from February 1, 2024. This appointment is a significant step in Prudential’s strategic transformation, focusing on its Health business as one of its … Read the full press release
Posted in Business, Economy, Financial, Healthcare, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Andrew Wong, appointment, Arjan Toor, CEO Health, Customer Trust, leadership, Prudential, Solmaz Altin, transformation
(IN BRIEF) International technology group ANDRITZ has joined forces with Powerhouse Controls, a leading drive system provider, to address the modernization needs of North American paper mills while minimizing production downtime. This partnership combines Powerhouse Controls’ drive solutions with ANDRITZ’s … Read the full press release
(ACTUALITÉ EN BREF) eCarsTrade, une plateforme d’enchères en ligne B2B spécialisée dans la vente de voitures d’occasion européennes, a annoncé l’arrivée de Dirk Van Roost en tant que nouveau Directeur Financier et Administratif (CFO). Dirk apporte avec lui plus de … Read the full press release
Posted in Automotive, Belgium, Business, Financial, France, Internet & Online, Management
Tagged B2B Car Auctions, B2B Online Car Auctions Platform, BASF, Booz & Company, Car Auctions for Dealerships, Car Auctions for European Cars, CFO, Chemster GmbH, Directeur Financier et Administratif, Dirk Van Roost, eCarsTrade, ExxonMobil, Filipp Sevostianov, General Electric, leadership, nomination, plateforme d'enchères en ligne B2B, Sentiance
(IN BRIEF) On January 15, 2024, Outokumpu announced the completion of its share repurchase program, where it repurchased its own shares across different trading venues. The total cost of these repurchases amounted to EUR 453,926.84. This program was initiated in … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Outokumpu, treasury shares
(IN BRIEF) The European Investment Bank Group (EIB Group) has entered into a revolving synthetic securitisation agreement with Europejski Fundusz Leasingowy S.A. (EFL) for a PLN 2 billion portfolio of leasing receivables. EFL commits to provide PLN 2.5 billion in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Small Business
Tagged EFL, EIB, Marjut Falkstedt, partnership, Poland, Projects, Radosław Woźniak, SMEs, sustainability, Teresa Czerwinska
(IN BRIEF) Paris 2024 has revealed that 80% of the 11,000 Torchbearers for the Olympic and Paralympic Torch Relays have been selected. These Torchbearers, representing diverse backgrounds, will carry the Olympic and Paralympic Flames throughout France, igniting excitement and anticipation … Read the full press release
(IN BRIEF) Astrophysicist Professor Gilles Chabrier from the University of Exeter and Ecole Normale Superieure de Lyon has been awarded the prestigious Royal Astronomical Society’s Gold Medal for his exceptional contributions to stellar and planetary astrophysics, as well as galactic … Read the full press release
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