(IN BRIEF) A.P. Moller – Maersk is pleased to welcome Flying Tiger Copenhagen as a new customer, as the Danish retailer commits to transporting its entire ocean freight volume under Maersk’s ECO Delivery solution starting in 2024. This initiative aims … Read the full press release
(IN BRIEF) Telefónica, through its subsidiary Telefónica Local Services GmbH, has successfully completed its voluntary partial acquisition offer to the shareholders of Telefónica Deutschland Holding AG. During the acceptance period from November 7, 2023, to January 17, 2024, Telefónica increased … Read the full press release
(IN BRIEF) Milan-based construction company, Webuild Group, has entered into a joint venture with Fomento de Construcciones y Contratas Canada Ltd. (“FCC Canada”) to win a contract valued at approximately €700 million to €1.3 billion for the development and construction … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Transportation & Logistics
Tagged CANADA, FCC Canada, Milan, Ontario Line, Pape Tunnel and Underground Stations (PTUS) Development, partnership, sustainability, Webuild
(IN BRIEF) Vodafone, Qualcomm, and Xiaomi have achieved a major breakthrough in 5G technology through a successful test in Europe. They achieved peak upload speeds of up to 273 megabits per second (Mbps), significantly faster than the typical 100 Mbps … Read the full press release
Posted in Business, Germany, Industrial, Infrastructure & Utilities, Internet & Online, Spain, Technology, Telecom, United Kingdom
Tagged 5G, 5G SA, 5G standalone, 5G uplink technology, Alberto Ripepi, Andi Zhang, Ciudad Real España Advanced Testing Environment, CREATE, Enrico Salvatori, faster upload speeds, Qualcomm, Qualcomm Technologies Inc, upload speeds, vodafone, Xiaomi
(IN BRIEF) Crédit Agricole S.A. has acquired a 7% minority stake in Worldline S.A. as part of their strategic partnership to strengthen their presence in the French merchant payment services market. This investment reaffirms Crédit Agricole Group’s commitment to supporting … Read the full press release
(IN BRIEF) Plenitude, an Italian energy company specializing in renewable energy, has joined forces with BlueFloat Energy and Sener Renewable Investments to advance offshore wind projects in Spain. This partnership strengthens their existing consortium and creates a dominant player in … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Italy, Spain
Tagged BlueFloat Energy, Carlos Martín, electric vehicle charging points, ENERGY, energy sales, energy services, Miguel Domingo, Offshore wind, offshore wind energy, onshore wind power, Parc Tramuntana, Parque Nordés, Parque Tarahal, Plenitude, renewable sources, Sener Renewable Investments, Solar PV, Spain, Stefano Goberti
(IN BRIEF) Outokumpu has successfully concluded its share repurchase program, acquiring a total of 244,303 of its own shares across various trading venues at a weighted average price of EUR 3.99 per share, amounting to a total cost of EUR … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Acquired Shares, Financial, investment, Outokumpu, share repurchase program
(IN BRIEF) Outokumpu Oyj’s Shareholders’ Nomination Board has put forth several proposals for the Annual General Meeting in 2024. The board suggests re-electing the current eight members of the Board of Directors, with Kari Jordan as Chairman and Kati ter … Read the full press release
Posted in Business, Finland, Industrial, Management, Metals and Minerals, News
Tagged AGM 2024, appointment, Heinz Jörg Fuhrmann, Jouko Pölönen, Julia Woodhouse, Jyrki Mäki-Kala, Kari Jordan, Kati ter Horst, leadership, Outi Antila, Outokumpu, Päivi Luostarinen, Pekka Pajamo, Petter Söderström, Pierre Vareille, Reima Rytsölä, Shareholders' Nomination Board
(IN BRIEF) International technology group ANDRITZ is set to unveil its 2024 growth strategy during its Capital Markets Day event on January 24 in Leipzig, Germany. The event will feature presentations by ANDRITZ Executive Board members, providing updates on the … Read the full press release
Posted in Austria, Business, Economy, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged 2024 Growth Strategy, Andritz, Capital Markets Day, Financial, investment, Leipzig
(IN BRIEF) Altor has successfully closed Altor Fund VI at its hard cap of EUR 3 billion, marking the firm’s largest fund to date. With a track record of strong performance, including a 29% gross IRR and 3.0x money multiple … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden
Tagged Altor, Financial, fund, green transition, Harald Mix, investment, Klas Johansson, Paal Weberg, sustainability
(IN BRIEF) At the World Economic Forum’s Annual Meeting 2024, top-tier C-suite executives from Europe and MENA gathered to explore the shift from hardware to software in industries. Hosted by Roland Berger and Creative Dock, the event featured Renata Jungo … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Switzerland, Technology
Tagged AI, Manuel Hörl, Marcus Berret, Martin Pejsa, partnership, Prof. Dr. Tobias Gutmann, Renata Jungo Brüngger, Roland Berger, Software Supremacy, sustainability, Thomas Saueressig, Transformative Power, World Economic Forum
(IN BRIEF) On January 24th, Terna will host an information session at the Giorgio Bassani Library in Ferrara to present the upcoming restructuring of the city’s electricity grid. The project involves replacing overhead lines with underground cables, constructing a new … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, Media, News
Tagged Electricity Grid Restructuring Project, Ferrara, Terna
(IN BRIEF) At Integrated Systems Europe (ISE) 2024, Bang & Olufsen is showcasing its latest high-end product and home integration portfolio, focusing on its new high-end cinematic range, including the powerful Beosound Theatre soundbar, Beolab 28 wireless stereo loudspeaker, and … Read the full press release
(IN BRIEF) RWE’s agrivoltaics (Agri-PV) plant in Germany, which integrates power generation and agriculture, has commenced the supply of green electricity to the grid after a rapid five-month construction period. Located on approximately seven hectares of recultivated land near the … Read the full press release
(IN BRIEF) Austrian Federal Railways (ÖBB) has placed an order for 70 trains with Siemens Mobility as part of a framework agreement secured in 2023. These trains, based on the Mireo platform, will be delivered in three different versions starting … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Andreas Matthä, Austrian Federal Railways (ÖBB), innovative, Michael Peter, Mireo trains, partnership, Siemens, Siemens Mobility, sustainability
(IN BRIEF) Nestlé has launched a new KitKat made with cocoa mass from beans grown by farmer families participating in the company’s income accelerator program. The initiative, aimed at addressing the living income gap of cocoa-farming families and reducing child … Read the full press release
(IN BRIEF) Telefónica is gearing up to celebrate its 100th anniversary with a series of initiatives and events throughout 2024, culminating around April 19, the date marking 100 years since the establishment of the Compañía Telefónica Nacional de España (CTNE). … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Management, News, Spain, Technology
Tagged 100 Years, María García-Legaz, Telefonica
(IN BRIEF) RWE AG’s Nomination Committee has announced its succession candidates to replace departing members of the Supervisory Board in May 2024. Professor Dr. Hans-Peter Keitel, Dr. Erhard Schipporeit, and Ullrich Sierau will step down from the board after the … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Management, News
Tagged appointment, Dr Werner Brandt, Dr. Erhard Schipporeit, Dr. Frank Appel, leadership, Nomination Committee, Professor Dr. Hans-Peter Keitel, Professor Jörg Rocholl, RWE AG, Supervisory Board Members, Thomas Westphal, Ullrich Sierau, Ute Gerbaulet
(IN BRIEF) Vespa, the iconic Italian scooter brand, introduces a limited-edition Vespa 946 Dragon and matching Dragon Varsity Jacket in honor of the Year of the Dragon. The Vespa 946 Dragon, produced in a limited run of 1888 units, showcases … Read the full press release
(IN BRIEF) On January 4th, Saint-Gobain, the Official Supporter for renovation and sustainable construction solutions of the Paris 2024 Olympic and Paralympic Games, brought together its Team of athletes, #AimingHigher, at the “Maison du Handball.” The athletes, including Luc Abalo … Read the full press release
Posted in Business, Construction, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Sports
Tagged Antoine Praud, Emma Lombardi, Julie Dufour, Laurence Pernot, Luc Abalo, Ludvy Vaillant, Margot Boulet, Renaud Clerc, Saint-Gobain, sports, Team of Olympic and Paralympic Athletes, Vincent Matheron
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