(IN BRIEF) Electronic components provider YAGEO has acquired Nexensos, a leader in the temperature sensor market, as part of its plan to expand its portfolio of smart sensors. Nexensos’ temperature sensing business will complement YAGEO’s existing sensor portfolio, particularly in … Read the full press release
Posted in Business, Electronics & Machinery, Germany, Industrial, Management, Metals and Minerals, News, Technology
Tagged Heraeus, Nexensos, Pierre Chen, Ralph Meschkat, temperature sensing, TOKIN, YAGEO
(IN BRIEF) Yara Clean Ammonia and Enbridge have signed a letter of intent to develop a low-carbon blue ammonia production facility at the Enbridge Ingleside Energy Center in Texas. The facility will have the capacity to produce 1.2-1.4 million tons … Read the full press release
(IN BRIEF) Neste, the Finnish renewable fuels and chemicals company, has completed its second series of industrial-scale processing runs with liquefied waste plastic at its Porvoo refinery, with the goal of further understanding how different types of waste plastics behave … Read the full press release
Posted in Business, Chemicals, Economy, Energy, Gas & Oil, Environment, Finland, Industrial, Management, News
Tagged chemical recycling, Heikki Färkkilä, Neste, Neste RE™, polymers economy
(IN BRIEF) Holcim has published its second climate report, sharing the acceleration of its net zero journey and upgraded 2030 climate targets, which are aligned with the 1.5°C framework and validated by the Science Based Targets initiative. The company aims … Read the full press release
Posted in Business, Chemicals, Construction, Environment, Industrial, Management, News, Switzerland, Technology
Tagged Climate, CO2, holcim, Jan Jenisch, Magali Anderson
(IN BRIEF) Ørsted has announced the final investment decision (FID) for its Greater Changhua 2b and 4 offshore wind farms in Taiwan, with a completion timeline set for the end of 2025. The 920 MW grid capacity of the wind … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Technology
Tagged Christy Wang, investment, offshore wind farms, Per Mejnert Kristensen, Power Purchase Agreement, Taiwan, Ørsted
(IN BRIEF) EU member states have recorded 2,117 alerts for dangerous products in 2022, compared to 2,142 in 2021. Toys were once again the most frequently recalled product category, as authorities focus on vulnerable consumers. Motor vehicles dropped from 26% … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Industrial, Management, News, Security & Safety, Switzerland
Tagged Australia, CANADA, Cosmetic, Europe, Motor vehicles, notifications, Product Recalls platform, SGS, toys, unsafe product, US
(IN BRIEF) Iberdrola and MAPFRE have increased their strategic alliance in the energy sector in Spain by adding 150 new photovoltaic megawatts (MW) to Energías Renovables Ibermap, bringing the total to 445 MW. This includes 295 MW of wind power … Read the full press release
(IN BRIEF) EQT AB (publ) has announced that 365,406 of its class C shares have been converted to ordinary shares as part of the company’s incentive program. This conversion has resulted in an increase of 328,865.40 votes, from 1,185,894,873.00 to … Read the full press release
Posted in Business, Financial, Germany, Investment, Management, News
Tagged EQT, incentive program Germany, investment
(IN BRIEF) The technology group, ANDRITZ, has received an order from Gascogne Papier in France to supply a PrimeLine MG paper production line for its mill located in Mimizan, France. The new paper machine will be the widest MG paper … Read the full press release
Posted in Austria, Business, Industrial, Infrastructure & Utilities, Management, News, Technology
Tagged Andritz, Austria, Dominique Coutière, France, Gascogne Papier, Gerald Steiner, Mimizan, Mimizan mill, PrimeLine MG paper
(IN BRIEF) The Andritz Group has announced changes in its Executive Board with two long-serving members retiring after successful careers with the company. Wolfgang Semper, a member of the Executive Board since 2011, responsible for the Hydro business area, Group … Read the full press release
(IN KÜRZE) Die Europäische Bank für Wiederaufbau und Entwicklung (EBRD) hat Tam Finans Factoring A.S., einem Factoring-Unternehmen in Türkiye, im Rahmen ihres Handelserleichterungsprogramms (TFP) eine Factoring-Fazilität in Höhe von 10 Millionen Euro zur Verfügung gestellt. Ziel der Fazilität ist die … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided Tam Finans Factoring A.S., a factoring company in Türkiye, with a €10 million factoring facility under its Trade Facilitation Programme (TFP). The facility aims to support small and … Read the full press release
(IN BRIEF) YURiA-PHARM, a leading Ukrainian pharma company, has acquired Reka-Med, a pharmaceutical company in Uzbekistan, with the help of €10 million of finance repurposed from an existing loan made by the European Bank for Reconstruction and Development (EBRD). The … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Pharma & Biotech, United Kingdom
Tagged ACQUIRES, EBRD, financing, Matteo Patrone, Reka-Med, UK, UKRAINE, Uzbekistan, YURiA-PHARM
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €10 million loan to ProCredit Bank Moldova to support investment financing for micro, small and medium-sized enterprises (MSMEs) in Moldova. The loan will help businesses upgrade their … Read the full press release
Posted in Banks, Business, Economy, European Union, Financial, Investment, Management, News, Small Business, United Kingdom
Tagged Adam Grodzicki, businesses, EBRD, EU, finance, Irina Coroi-Jovmir, Mark Bowman, Moldovan, MSMEs, partnership, ProCredit Bank Moldova, UK
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €100m loan to Banca Intesa Belgrade to support small and medium-sized enterprises (SMEs) in Serbia. The loan will be on-lent to local businesses and improve their access … Read the full press release
Posted in Banks, Business, Economy, Financial, Investment, Management, News, Small Business, United Kingdom
Tagged Aleksandra Vukosavljevic, Banca Intesa Belgrade, Darko Popović, EBRD, financing, Intesa Sanpaolo Group, SERBIA, SME, UK
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €140 million capex bridge loan to Fraport TAV Antalya Yatirim for the Antalya Airport expansion project in Turkey. The loan is part of a financing package that … Read the full press release
Posted in Aviation & Aerospace, Banks, Business, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Antalya Airport, Burcu Geris, EBRD, Michael Reusch, Nandita Parshad, UK
(IN BRIEF) Terna has signed agreements with the European Investment Bank for the second and third tranches of a €1.9bn loan for the Tyrrhenian Link, a submarine electricity cable connecting the Italian peninsula with Sicily and Sardinia. The contracts for … Read the full press release
Posted in Banks, Business, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged EIB, Germany, submarine cable project, Terna, Tyrrhenian Link
(IN BRIEF) Luxembourg has secured a €9m ($10.5m) loan from the European Investment Bank to finance the ecological restoration of the Alzette river and its tributary, the Pétrusse. The project, which will cover a section of the Alzette in Steinsel … Read the full press release
Posted in Banks, Business, Environment, Financial, Germany, Infrastructure & Utilities, Management, News
Tagged Alzette river, EIB, Germany, Joëlle Welfring, Kris Peeters, Luxembourg, NCFF, restored, tributary Pétrusse, Virginijus Sinkevičius, Yuriko Backes
(IN BRIEF) Eni has launched Enivibes, the first venture under its Corporate Venture Builder program Eniverse, to commercialize its proprietary technology e-vpms (Eni Vibroacoustic Pipeline Monitoring System). The technology, designed to monitor the integrity of liquid transportation pipelines, uses an … Read the full press release
(IN BRIEF) BAE Systems and Heart Aerospace are collaborating to develop a lightweight and innovative battery for Heart Aerospace’s ES-30 regional electric airplane. This will be the first of its kind to be integrated into an electric conventional takeoff and … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Electronics & Machinery, Environment, Industrial, Management, News, Technology, United Kingdom
Tagged BAE Systems, battery system, eCTOL, Ehtisham Siddiqui, electric regional aircraft, ES-30 aircraft, Heart Aerospace, partnership, Sofia Graflund, UK
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