(IN BRIEF) Hexagon’s Manufacturing Intelligence division has launched HxGN Production Machining, a suite of software designed to revolutionize manufacturing processes for discrete parts across industries like medical and aerospace. The suite offers CAD and CAM capabilities, process simulation, G-code verification, … Read the full press release
(IN BRIEF) Siemens and DMG MORI have introduced an end-to-end digital twin for machine tool machining on Siemens Xcelerator. This digital twin includes a replica of the controller, a customer-specific DMG MORI machine tool, and the workpiece. The technology allows … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Achim Peltz, Alfred Geißler, digital transformation, Digital Twin, DMG MORI, Machine Tool, machining, partnership, Siemens, Siemens Xcelerator, Sinumerik One, sustainability
(IN BRIEF) Škoda’s upcoming generations of Superb and Kodiaq models have successfully completed an extensive international testing program. Over the course of two years, these vehicles underwent over a million kilometers of testing, exposing them to extreme temperatures ranging from … Read the full press release
Posted in Automotive, Business, Czech Republic, Environment, Industrial, Management, Media, News, Technology
Tagged Florian Weymar, Johannes Neft, Kodiaq Models, ŠKODA, Superb Models, sustainability
(IN BRIEF) BBVA has introduced new API connectivity for its treasury solutions, significantly reducing integration times for BBVA Pivot Connect by 80 percent. The initial set of APIs available on BBVA Pivot allows companies to manage supplier payments, track international … Read the full press release
Posted in Banks, Business, Financial, Management, Spain
Tagged API, BBVA, BBVA Pivot Connect, business management solutions, Clara García Benedito, treasury solutions
(IN BRIEF) Volkswagen has unveiled the all-new Tiguan, marking the third generation of this highly successful compact SUV. The new Tiguan is based on the Modular Transverse Matrix (MQB evo) platform, which enables the introduction of new hybrid drivetrains with … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News, Technology
Tagged Kai Grünitz, MQB evo, SUV, technology, Tiguan Model, Volkswagen
(IN BRIEF) Volkswagen presented its new Tiguan model to around 10,000 employees at a works meeting at the Wolfsburg plant, ahead of the official media unveiling. The Tiguan has been one of Volkswagen’s most successful models, with 7.6 million units … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, Media, News, Technology
Tagged Daniela Cavallo, Employee Event, Imelda Labbé, Thomas Schäfer, Tiguan Model, Volkswagen
(IN BRIEF) Dr. Jörg Homering, previously Head of Industrial Strategy at Mercedes-Benz Vans, will assume the role of Head of Production and Site at Mercedes-Benz Ludwigsfelde GmbH on November 1, 2023. He will succeed Dr. Markus Keicher, who is transitioning … Read the full press release
(IN BRIEF) The Fergana Valley, a crucial agricultural region in Central Asia, faces a looming environmental crisis resulting from decades-old uranium mining activities. The aftermath of Soviet-era uranium mining, marked by abandoned mines, open tunnels, and improperly managed waste dumps, … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in collaboration with the European Union (EU) and Sweden, is providing a $20 million loan to TBC Bank in Georgia. This financing is aimed at bolstering lending opportunities for micro, … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Industrial, Investment, Management, News, Small Business, Society, Sweden, United Kingdom
Tagged EBRD, EU, Francis Malige, GEORGIA, Giorgi Megrelishvili, Lawrence Meredith, MSMEs, partnership, sustainability, Sweden, TBC Bank, women empowerment
(IN BRIEF) SGS has been accredited by the IOAS (International Organic Accreditation Service) as an independent third-party certification body to issue certificates for Textile Exchange standards in new regions, including Europe, Asia, Africa, and North America. This expanded geographical reach … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Industrial, Management, News, Switzerland, Technology
Tagged accreditation, Exchange Standards, IOAS, partnership, SGS, sustainability, textile, Yvonne Tse
(IN BRIEF) Henkel’s Xathon, a hackathon for early-stage female entrepreneurs, has transformed into an open innovation challenge with a strong focus on AI while maintaining its commitment to supporting women in tech. In its fifth edition, Xathon addresses real business … Read the full press release
Posted in Business, Germany, Industrial, Management, Media, News, Small Business, Society, Technology
Tagged AI, Empowering Female Entrepreneurs, Henkel, Michaela Bessell, Xathon
(IN BRIEF) Kuehne+Nagel has been appointed as the official logistics partner for COP28, the 2023 UN Climate Change Conference in Dubai. The logistics company will oversee all on-site logistics activities at Expo City Dubai, including building country pavilions and stages … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) and the Ministry of Regional Development and EU Funds of Croatia have announced a funding agreement for the Croatian Venture Capital Initiative 2 (CVCi 2). This program builds on the success of the … Read the full press release
(IN BRIEF) Ericsson and MTN Benin have partnered to recycle end-of-life electronic and electrical equipment as part of Ericsson’s Product Take-Back Program. This collaboration has resulted in the collection, decommissioning, transportation, and recycling of more than 123 metric tons of … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology, Telecom
Tagged electronic waste, Ericsson, Hossam Kandeel, MTN Benin, partnership, recycle, sustainability, Uche OFODILE
(IN BRIEF) CTP, Europe’s major industrial property developer, secures €200 million in financing from the European Investment Bank (EIB) to fund extensive solar panel installations across its European business parks. The funding aligns with the EIB’s REPowerEU initiative to reduce … Read the full press release
Posted in Banks, Business, Construction, Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Luxembourg
Tagged CTP, developer, EIB, energy transition, European business park, European Investment Bank, Lilyana Pavlova, loan, logistics properties, Peter Ceresnik, Richard Wilkinson, solar panel installations, solar photovoltaic programme
(IN BRIEF) BioNTech and the Coalition for Epidemic Preparedness Innovations (CEPI) have entered into a strategic partnership to develop an mRNA-based vaccine, BNT166, for the prevention of mpox (formerly monkeypox), an infectious disease that can have severe and life-threatening complications. … Read the full press release
Posted in Business, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Norway, Pharma & Biotech, Science
Tagged BioNTech, BNT166, CEPI, mpox Prevention, mRNA-Based Vaccine, partnership, Prof. Ugur Sahin, Richard Hatchett, sustainability
(IN BRIEF) Saab has announced an extension of its Indefinite Delivery, Indefinite Quantity (IDIQ) framework agreement with the U.S. Department of Defense (DoD). This extension allows the DoD to place orders for Saab’s close combat solutions worth up to an … Read the full press release
(IN BRIEF) Kapsch TrafficCom is expanding its production of on-board units (OBUs) for contactless toll collection in Vienna by over 30%, allowing for the manufacture of approximately 2 million OBUs annually. The expansion represents an investment of EUR 1.3 million. … Read the full press release
Posted in Austria, Automotive, Business, Industrial, Technology, Transportation & Logistics
Tagged automatic toll payment, contactless toll collection, Georg Kapsch, Go-Maut, Kapsch TrafficCom, OBUs, on-board units, sustainable mobility, toll booth, tolling, tolling services, traffic management, transportation solutions
(IN BRIEF) E.ON, the energy company based in Essen, along with contributions from its employees, is financing the construction of a primary school in Hatay, Turkey, which was severely affected by earthquakes in February 2023. Following the earthquakes, E.ON initiated … Read the full press release
Posted in Business, Construction, Education, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Non Profit, Turkey
Tagged construction, E.ON, Earthquake-Hit, Employees, EnerjiSA, fundraising, Hatay, Murat Pinar, partnership, Sabanci, school, sustainability, Turkey, Victoria Ossadnik
(IN BRIEF) In response to the devastating floods in Libya’s Derna region, TotalEnergies has swiftly stepped in to provide critical assistance. The company has deployed both ground and air resources, sending nearly 50 tons of essential supplies, including medical items, … Read the full press release
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