(IN BRIEF) BASF and Yara Clean Ammonia have partnered to conduct a joint study for the development of a large-scale low-carbon blue ammonia production facility with carbon capture in the U.S. Gulf Coast region. The aim is to construct a … Read the full press release
(IN BRIEF) BASF has celebrated the opening of Europe’s first co-located center for battery material production and recycling in Schwarzheide, Germany. The facility includes a state-of-the-art production plant for cathode active materials and a battery recycling plant, marking significant progress … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Germany, Industrial, Technology
Tagged BASF, battery material production, Battery recycling, cathode active materials, Dr. Dietmar Woidke, Dr. Martin Brudermüller, Dr. Peter Schuhmacher, Dr. Robert Habeck, electric vehicles, EU battery market, EV, Germany, Maroš Šefčovič, recycled metals, Schwarzheide
(IN BRIEF) Digi Communications N.V. has announced the conclusion of an amendment agreement to the Facility Agreement by its Spanish subsidiary, Digi Spain Telecom S.L.U. The agreement allows for an additional term loan facility of EUR 100,000,000 to be made … Read the full press release
Posted in Banks, Belgium, Business, Economy, European Union, Financial, Investment, Italy, News, Portugal, Romania, Spain, Technology, Telecom
Tagged Banco Santander, capital expenditure, DIGI COMMUNICATIONS N.V., Digi Spain, Digi Spain Telecom S.L.U., Facility Agreement, Facility Agreement dated 26 July 2021, fiber-optic network, ING Bank N.V., loan, loan facility, RCS & RDS S.A., telecom equipment, telecom infrastructure, telecommunication services
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €50 million credit line to Bank of Africa – BMCE Group (BOA) to support micro, small, and medium-sized enterprises (MSMEs) in Morocco. The loan aims to enhance … Read the full press release
(IN BRIEF) SGS, a leading global testing and certification company, has opened a state-of-the-art testing facility in Chakan, Pune, India. The new facility specializes in automotive and consumer electronics testing, featuring advanced laboratories for metallurgy, polymer, chemical, and environmental testing, … Read the full press release
(IN BRIEF) Outokumpu, a global stainless steel leader, has partnered with thyssenkrupp Materials Processing Europe and Boysen Group to introduce towards-zero stainless steel to the automotive industry. This collaboration aims to address tailpipe emissions and decarbonize the automotive sector. Outokumpu’s … Read the full press release
(IN BRIEF) Ericsson and Proptivity have successfully launched the world’s first neutral host-led shared indoor 5G network using the Radio Dot System. The deployment took place in a central Stockholm property housing a shopping mall and offices. This innovative solution … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Internet & Online, Sweden, Technology, Telecom
Tagged 5G, 5G connectivity, 5G radio access network, Ayad Al Saffar, Christopher Johansson, DAS, David Hammarwall, distributed antenna systems, Ericsson, Haval van Drumpt, Mikael Lundman, Proptivity, Radio Dot System
(IN BRIEF) Iberdrola, in collaboration with Avangrid and other partners, is set to establish new high-voltage transmission lines to deliver renewable offshore wind power from the Long Island grid to New York City and Westchester County. The project aims to … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Spain, Technology
Tagged AVANGRID, Central Hudson Electric Transmission, clean energy, Edison Transmission, Iberdrola, Long Island grid, National Grid Ventures, New York City, offshore wind power, renewables, Westchester County
(IN BRIEF) Virginie Leroy has been appointed as the President of VINCI Immobilier, effective August 1, 2023. Leroy, who joined VINCI Immobilier in 2010, has held various positions within the company, including Head of Business Property Projects and Managing Director … Read the full press release
(IN BRIEF) H. Lundbeck A/S has announced the initiation of CEO succession, with Deborah Dunsire choosing to retire from her role as President and CEO. Charl van Zyl has been appointed as the new President and CEO, and Dunsire will … Read the full press release
Posted in Business, Denmark, Healthcare, Management, Pharma & Biotech
Tagged appointment, biopharma, Board of Directors, CEO, Charl van Zyl, CNS, Deborah Dunsire, Eli Lilly, H. Lundbeck A/S, immunology, Lars Rasmussen, Lundbeck, Neurology, Novartis
(IN BRIEF) Barclays has appointed Torsten Schöneborn and Jerry Minier as Co-Heads of G10 FX Trading. Torsten brings over 15 years of experience, previously serving in key roles at BNP Paribas and Deutsche Bank. Jerry, with more than 18 years … Read the full press release
Posted in Banks, Business, Financial, Investment, Technology, United Kingdom
Tagged appointments, Barclays, BNP Paribas, Deutsche Bank, G10 FX Trading, Global Macro, Jerry Minier, Michael Lublinsky, Torsten Schöneborn
(IN BRIEF) LCH Group, majority-owned by the London Stock Exchange Group (LSEG), has agreed to acquire Euronext’s 11.1% stake in LCH SA, the French subsidiary of LCH Group, for EUR 111 million. This transaction will grant LCH Group full ownership … Read the full press release
Posted in Business, Financial, France, Investment, United Kingdom
Tagged acquisition, credit derivatives, equity clearing services, Euronext, Eurozone, LCH Group, LCH SA, LSEG, repo transactions, Stake Acquisition
(IN BRIEF) RWE is expanding its solar business in Spain with the commissioning of the Puerta del Sol solar farm, following the earlier launch of Casa Valdes. Puerta del Sol, located near Madrid, has a capacity of 44 MWac and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Spain
Tagged Casa Valdes solar farm, Ferrovial, Gazules project, Green Energy, Guadalajara province, Katja Wünschel, Las Vaguadas, Madrid, Orkoien onshore wind, Puerta del Sol, RWE, RWE Renewables Iberia, Solar, solar farms, Spain
(IN BRIEF) Tom Drechsler has been appointed as the new head of the Communication department at Škoda Auto, starting from July 1. He replaces Ariane Kilian, who is temporarily stepping down due to personal reasons. Drechsler brings extensive experience, having … Read the full press release
Posted in Automotive, Business, Czech Republic, Management, Marketing, Media
Tagged Ariane Kilian, Auto Bild, AUTO BILD Group, Communication, communications manager, journalist, Klaus Zellmer, leadership, ŠKODA, ŠKODA AUTO, Tom Drechsler
(IN BRIEF) Eni and Vår Energi have announced their agreement to acquire Neptune Energy Group, a leading exploration and production company with gas-oriented operations in Western Europe, North Africa, Indonesia, and Australia. Eni will acquire Neptune’s global business, excluding Germany … Read the full press release
Posted in Business, Energy, Gas & Oil, Investment, Italy, Norway
Tagged acquisition, Eni, exploration, natural gas production, Neptune Energy Group, Vår Energi
(IN BRIEF) Bosch Engineering and X Shore have announced a collaboration to enhance the electric drive system of the X Shore 1 boat. The partnership aims to improve performance and efficiency, bringing together Bosch’s advanced technology and automotive expertise with … Read the full press release
(IN BRIEF) Telekom has announced that its customers can enjoy 5G roaming services while traveling abroad during the summer holiday season. With over 120 partner agreements in 60 countries, Telekom ensures seamless access to the fastest mobile communication standard worldwide. … Read the full press release
Posted in Business, Germany, Infrastructure & Utilities, Internet & Online, Technology, Telecom, Travel
Tagged 5G roaming, 5G surfing, holiday, mobile communications, roaming, streaming, summer holiday season, Telekom, travel
(IN BRIEF) Logicor has signed a long-term lease agreement with EET Group for a property in Greve, Denmark. EET Group, a B2B IT distributor serving over 30,000 merchants across Europe, plans to utilize the facility as a crucial part of … Read the full press release
Posted in Business, Denmark, Industrial, Transportation & Logistics, United Kingdom
Tagged Andrew Dalgliesh, Bjarke Roost, EET Group, Greve, Logicor, logistic real estate, logistics, modern warehouse, warehouse
(IN BRIEF) Allianz Trade has conducted a study revealing a significant gap between perceived and actual inflation rates, with Germany experiencing the widest disparity. The study shows that perceived inflation in the eurozone is nearly three times higher than the … Read the full press release
Posted in Austria, Business, Economy, Financial, Germany, Insurance, Switzerland
Tagged Actual Inflation, Allianz Trade, divergent inflation rates, Eurozone, inflation, Perceived Inflation
(IN BRIEF) Lightsource bp, a global leader in renewable energy, has announced the appointment of Adele Ara as the new Chief Technology Officer (CTO) and member of the executive team. Adele has been with the company since 2014, demonstrating her … Read the full press release
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