(IN BRIEF) Connected vehicle technology, in the form of Orchestrated Connected Corridors (OCCs), is enhancing road safety and traffic flow, benefiting both motorists and vulnerable road users. OCCs provide real-time traffic management capabilities and safety insights, addressing challenges like driver … Read the full press release
(IN BRIEF) Enel S.p.A., a multinational energy company, announced its financial results for the first half of 2023. The company showcased robust growth in key financial metrics, with revenues of 47,095 million euros (-28.2%) and ordinary EBITDA of 10,739 million … Read the full press release
(IN BRIEF) Saab, a leading defence and security company, has received an order worth approximately SEK 600 million (~EUR 52 million) from Poland’s Ministry of National Defence for two Saab 340 Airborne Early Warning (AEW) aircraft equipped with Saab’s advanced … Read the full press release
(IN BRIEF) On July 5, 2023, autoTicket GmbH, a joint venture of Kapsch TrafficCom AG and CTS Eventim AG Co. KGaA, reached a settlement agreement with the Federal Republic of Germany to end arbitration proceedings related to the termination of … Read the full press release
(IN BRIEF) Lightsource bp, a global solar leader, has welcomed two key new hires to its senior management team in the APAC region. Bin Fu has been appointed as the Regional Head for Taiwan, bringing 13 years of experience in … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, News, United Kingdom
Tagged Adam Pegg, APAC, appointment, Bin Fu, Jean-Philippe Baudrey, leadership team, Lightsource BP, Solar
(IN BRIEF) Lightsource bp, a global leader in solar energy and energy storage projects, has been ranked as the #2 utility-scale solar developer in the U.S. by Solar Power World in their 2023 Top Solar Developers list. This recognition is … Read the full press release
(IN BRIEF) GTT, a technology expert in containment systems for cryogenic membranes, has received Approval in Principle (AiP) from ClassNK, a Japanese classification society, for a new concept of membrane-type containment system for liquefied hydrogen (LH2) transportation. The scalable system … Read the full press release
(IN BRIEF) The ORLEN Group, a Polish energy company, is strengthening its renewable energy segment by acquiring two projects from Greenvolt. The projects, located in the Poznań Province, consist of a 22 MW photovoltaic farm and a 26 MW wind … Read the full press release
(IN BRIEF) Dassault Systèmes is showcasing its GEOVIA mining software solutions during the 26th World Mining Congress in Brisbane, Australia. The GEOVIA portfolio, including geology, earth design, earth resources management, and geospatial capabilities, is being integrated into the 3DEXPERIENCE platform. … Read the full press release
Posted in Business, France, Industrial, Infrastructure & Utilities, Management, Media, Metals and Minerals, News, Technology
Tagged 26th World Mining Congress, 3DEXPERIENCE, Dassault Systèmes, Delphine Gondoin, Dr. Min Liang, earth design, earth resources management, Geology, geospatial capabilities, GEOVIA, Mauro DelleMonache, Mining Software Solutions
(IN BRIEF) TotalEnergies, a global multi-energy company, has fully acquired Total Eren after a successful strategic alliance of five years. The acquisition increases TotalEnergies’ stake from close to 30% to 100%, integrating Total Eren’s teams within TotalEnergies’ Renewables business unit. … Read the full press release
(IN BRIEF) CUPRA has partnered with Italian eyewear brand L.G.R for the second time to unveil a new eyewear collection. The collaboration features three sunglasses models: Tribe, Reunion Metal Explorer, and Nomad II, each embodying the unique design perspective and … Read the full press release
Posted in Apparel, Fashion & Beauty, Automotive, Business, Industrial, Italy, Management, News, Spain
Tagged CUPRA, fashion, L.G.R, Luca Gnecchi Ruscone, Nomad II, partnership, Reunion Metal Explorer, SEAT, sunglasses, Sven Schuwirth, Tribe
(IN BRIEF) SEAT S.A. and its brands SEAT, CUPRA, and SEAT MÓ have expanded their partnership with Catorce/DDB, a Barcelona-based creative agency. Catorce/DDB will continue as the global creative agency for the automotive company under a new three-year contract starting … Read the full press release
Posted in Automotive, Business, Industrial, Management, Marketing, News, Spain
Tagged &Rosàs, Catorce/DDB, creative agency, CUPRA, Jordi Rosàs, José Maria Roca, Juan Carlos Ortiz, partnership, SEAT, Sven Schuwirth
(IN BRIEF) Alison Rose, CEO of NatWest Group, acknowledges making a serious error of judgment during her conversations with the BBC about the bank’s relationship with Mr. Farage. She disclosed that Mr. Farage was a Coutts customer and had been … Read the full press release
Posted in Banks, Business, Financial, Industrial, Management, Media, News, United Kingdom
Tagged Account Discussions, Alison Rose, CEO, Error of Judgment, Howard Davies, Mr. Farage, NatWest, Simon Jack
(IN BRIEF) RWE, a German energy company, has raised its earnings forecast for fiscal year 2023 based on strong operational performance in the first half of the year. The increase in earnings is primarily attributed to international power generation in … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Management, News
Tagged Earnings Outlook for 2023, Financial, Michael Müller, power generation, RWE
(IN BRIEF) DHL Group has agreed to acquire 100% of Turkish parcel delivery company MNG Kargo Yurtiçi ve Yurtdışı Taşımacılık A.Ş. (MNG Kargo) and its subsidiaries, aiming to strengthen its position in the rapidly growing Turkish parcel and e-commerce market. … Read the full press release
Posted in Business, Germany, Industrial, Internet & Online, Management, News, Technology, Transportation & Logistics, Turkey
Tagged acquisition, DHL Group, E-Commerce, MNG Kargo, Pablo Ciano, partnership, Tobias Meyer, Turkey
(IN BRIEF) The European Investment Fund (EIF) has signed a portfolio guarantee with SG Equipment Finance to support up to €25 million in new lending for innovative SMEs and small Mid-Caps in Czechia and Slovakia. The financing, backed by the … Read the full press release
Posted in Business, Financial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged CZECH, digital transition, EIF, InvestEU, investment, Marjut Falkstedt, partnership, Petr Němec, SG Equipment Finance, SLOVAK, small Mid-Caps, SMEs
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has appointed Catarina Bjorlin Hansen as the new Head of Moldova, effective from 1st September 2023. In her new role, Ms. Bjorlin Hansen will lead the EBRD’s operations in Moldova, … Read the full press release
Posted in Banks, Business, European Union, Investment, Management, News, United Kingdom
Tagged Angela Sax, appointment, Catarina Bjorlin Hansen, EBRD, EU Ties, Head of Moldova, investment, leadership
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has financed the rehabilitation of the 55-km Ciumai-Vulcanesti road section in Moldova. The road is an essential part of the strategic M3 Chișinău-Giurgiulești road, connecting Trans-European Network corridors and providing … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has approved a €575 million loan to support Repsol’s renewable energy projects in Spain, which will include wind and solar photovoltaic plants with a total capacity of 1.1 GW. The loan, signed in … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged EIB, Josu Jon Imaz, partnership, renewable energy projects, Repsol, Ricardo Mourinho Félix, Spain, sustainability
(IN BRIEF) Eni, a global energy company, announces the successful acquisition of Chevron interests in the Indonesian Blocks Ganal PSC, Rapak PSC, and Makassar Straits PSC, located in the Kutei Basin, offshore East Kalimantan. Eni already held a 20% interest … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy
Tagged acquisition, Chevron, East Kalimantan, energy transition, Eni, Ganal PSC, Gandang gas project, Gendalo, IDD, Indonesia, Indonesia Deepwater Development, Indonesian Blocks, Jangkrik FPU, Kutei Basin, Makassar Straits PSC, Neptune Energy, Rapak PSC
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