(IN BRIEF) The Lenzing Group, a leading provider of specialty fibers for textiles and nonwovens, has invested over EUR 100 million since 2021 to upgrade its Purwakarta site in Indonesia. The company aims to convert existing production capacity to specialty … Read the full press release
(IN BRIEF) Wood has been chosen as a preferred bidder for the Scottish and Southern Electricity Network (SSEN) Transmission’s Accelerated Strategic Transmission Investment (ASTI) framework. This selection will facilitate the upgrade of onshore power transmission infrastructure in northern Scotland, supporting … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged ASTI, expansion, infrastructure, Jim Shaughnessy, Northern Scotland, Onshore, partnership, power transmission, renewable energy, Rob McDonald, SSEN, sustainability, Wood
(IN BRIEF) A recent study conducted by researchers from the University of Southampton and the University of Bergen reveals that boys who smoke during their early teenage years are at risk of damaging the genes of their future children. The … Read the full press release
Posted in Business, Education, Healthcare, Management, News, Science, United Kingdom
Tagged asthma, Boys, Dr Gerd Toril Mørkve Knudsen, Dr Kath Woods-Townsend, Dr Negusse Kitaba, Future Children, Health Risks, Obesity, Professor Cecilie Svanes, Professor John Holloway, smoking, Teenager, University of Bergen, University of Southampton Study, vaping, wellness, wheezing
(IN BRIEF) A spin-out company called Mimetrik from the University of Leeds has secured a £2 million seed funding round led by Northern Gritstone to accelerate the development of AI-driven dentistry products. Mimetrik, established in 2020 within the University’s Nexus … Read the full press release
Posted in Business, Education, Financial, Healthcare, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged AI-Driven, Alyn Morgan, dentistry, Dr Alan Mighell, Dr Martin Stow, Duncan Johnson, innovations, investment, Mimetrik, Nexus, Northern Gritstone, partnership, University of Leeds, wellness
(IN BRIEF) Swisscom has introduced two new IT security services, Secure Internet Traffic and Mail Security, aimed at providing advanced protection from phishing and enhancing cybersecurity for small SMEs. These cloud security solutions were previously available to larger enterprise customers … Read the full press release
Posted in Business, Industrial, Internet & Online, Management, Media, News, Security & Safety, Small Business, Switzerland, Technology, Telecom
Tagged cyber threats, Cybersecurity, internet traffic, IT security, Mail Security, Phishing, protection, Small SMEs, Swisscom
(IN BRIEF) Anna Müller has been appointed as the President of Volvo Penta and will become a member of the Volvo Group management, succeeding Heléne Mellquist. Currently the Senior Vice President for the Europe North and Central Division at Volvo … Read the full press release
Posted in Automotive, Business, Industrial, Management, News, Sweden
Tagged Anna Müller, appointment, automotive, Heléne Mellquist, leadership, President, Volvo Group Management, Volvo Penta
(IN BRIEF) Volvo Autonomous Solutions (V.A.S.) has achieved an industry-first milestone by eliminating the need for a safety driver in an active commercial mining operation at Brönnöy Kalk mine in Norway. The achievement involves seven autonomous Volvo FH trucks equipped … Read the full press release
(IN BRIEF) The conversion of 1,069 Series A shares to Series B shares in AB Volvo has altered the company’s registered share count, resulting in a total of 2,033,452,084 shares, comprising 444,986,702 Series A shares and 1,588,465,382 Series B shares, … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Investment, Management, News, Sweden
Tagged AB Volvo, Financial, investment, shares
(IN BRIEF) A collaboration between the University of East Anglia’s (UEA) School of Computing Sciences and GeoAcoustics Ltd has led to the development of an AI-driven solution for real-time seabed mapping. Traditional sonar-based seabed mapping generates extensive data, requiring manual … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Industrial, Management, News, Science, Technology, United Kingdom
Tagged artificial-intelligence, Dr Ben Milner, Dr Danny Websdale, Dr Richard Dowdeswell, Dr Wenjia Wang, GeoAcoustics, partnership, Prof Beatriz de la Iglesia, Seabed Mapping System, University of East Anglia
(IN BRIEF) The Children and Youth Foundation has introduced the TET.fi online service to streamline and equalize the process for young people applying for TET (introduction to work life) opportunities. This service currently includes 500 TET positions in the Helsinki … Read the full press release
(IN BRIEF) Nucleus Foundation has partnered with the Verve Foundation to sponsor and assist 10 women in the We Are Change program, which offers training and qualifications for those aspiring to enter the financial advice field. This initiative aims to … Read the full press release
(IN BRIEF) Airbus Helicopters and Korea Aerospace Industries (KAI) have entered the serial production phase of the Light Armed Helicopters (LAH) after an agreement was signed. The Republic of Korea Army’s initial batch of ten LAH will be supplied by … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, France, Industrial, Investment, Management, News
Tagged Airbus, Airbus Helicopters, Han Chang Heon, KAI, KOREA, Light Armed Helicopters, Matthieu Louvot, partnership, Rotorcraft Programs
(IN BRIEF) STMicroelectronics, a global semiconductor leader, will supply BorgWarner, a sustainable mobility solutions provider, with third-generation 750V silicon carbide (SiC) power MOSFETs dice for their proprietary Viper-based power module. This module is used in BorgWarner’s traction inverter platforms for … Read the full press release
(IN BRIEF) MYTILINEOS Energy & Metals has collaborated with the Association of Social Responsibility for Children and Youth (SKEP) to support the “Focus on the Person” Disability Awareness Educational Program in Attica schools during the 2022-2023 school year. The program … Read the full press release
Posted in Business, Education, Energy, Gas & Oil, Greece, Industrial, Management, Metals and Minerals, News, Society
Tagged Attica Schools, Disability Awareness, MYTILINEOS, partnership, SKEP, society
(IN BRIEF) The European Investment Bank (EIB) has released findings from its Investment Survey, focusing on Central and Eastern European (CEE) companies. The survey highlights that 77% of CEE companies are investing in business development, with a higher percentage investing … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged Central and Eastern European Companies, Debora Revoltella, EIB, Financial, INNOVATION, investment, Teresa Czerwinska
(IN BRIEF) The LEGO Group reported its earnings for the first half of 2023, showcasing a one percent growth in revenue compared to H1 2022, with consumer sales growing by three percent. Despite an exceptionally strong H1 2022, the company … Read the full press release
Posted in Business, Construction, Denmark, Entertainment, Environment, Financial, Industrial, Investment, Management, News
Tagged Financial, LEGO Group, Niels B. Christiansen, sustainability, toy industry
(IN BRIEF) Cologne Bonn Airport has transitioned its diesel-powered ground fleet to Neste MY Renewable Diesel™, a renewable diesel made from 100% renewable raw materials. This switch is particularly important for vehicles that cannot be easily electrified, such as the … Read the full press release
(IN BRIEF) The Fraunhofer-Gesellschaft, in partnership with Microsoft, has introduced FhGenie, an internal AI chatbot based on Microsoft Azure OpenAI Service. FhGenie operates similarly to OpenAI’s ChatGPT and allows Fraunhofer employees to securely create, edit, or modify texts using non-public … Read the full press release
(IN BRIEF) DB Schenker, a prominent logistics service provider, is reinforcing its commitment to emissions reduction by investing in electric technology. The company has procured 53 Renault Trucks E-Tech D electric carriers for its operations in France. This move aligns … Read the full press release
(IN BRIEF) Ericsson has provided the German Federal Office for Information Security (BSI) with a comprehensive 5G test network infrastructure for its 5G/6G Security Lab TEMIS (Test Environment for Mobile Infrastructure Security). This initiative aims to enhance the security of … Read the full press release
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