(IN BRIEF) Equinor has solidified its position in the low-carbon solutions arena with a 25% stake acquisition in Bayou Bend CCS LLC. This partnership bolsters one of the largest US carbon capture and storage (CCS) projects situated along the Gulf … Read the full press release
(IN BRIEF) SEAT S.A. has achieved exceptional financial results in the first half of 2023, with an operating profit of 371 million euros, showcasing a notable increase due to the success of its CUPRA brand and heightened SEAT brand volume. … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Management, News, Spain
Tagged CUPRA, CUPRA Formentor, David Powels, Financial, SEAT S.A., Wayne Griffiths
(IN BRIEF) EUROGATE, a major container terminal operator in Europe, has joined forces with Deutsche Telekom to establish three advanced 5G campus networks at key ports. This collaboration aims to digitally transform port logistics operations by improving mobile coverage and … Read the full press release
Posted in Business, Germany, Industrial, Infrastructure & Utilities, Internet & Online, Management, Technology, Telecom, Transportation & Logistics
Tagged 5G, 5G campus networks, Campus-Netz L, Connected container terminals, Deutsche Telekom, digital logistics applications, digitization of port logistics, EUROGATE, Hagen Rickmann, Michael Blach, Telekom
(IN BRIEF) Sarawak Shell Berhad (SSB), a subsidiary of Shell plc, has announced the initiation of gas production from the Timi platform in Malaysia, operating under the SK318 production sharing contract (PSC). Unique for its hybrid solar and wind power … Read the full press release
(IN BRIEF) Eni has initiated oil and gas production from the Baleine Field off the coast of Côte d’Ivoire, less than two years after its discovery in September 2021. This marks Africa’s first Scope 1 and 2 emissions-free production project. … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy
Tagged Baleine Field, Claudio Descalzi, Côte d’Ivoire, Eni, gas, hydrocarbon, Ivorian blocks, oil, PetroCi, Petroci Holding, SDGs
(IN BRIEF) Mercedes-Benz announces key changes in its communications leadership team. Rob Halloway, with nearly 20 years of experience at Renault, Volkswagen, and Mercedes-Benz, will head global product, technology, and brand communications for Mercedes-Benz Cars & Vans, succeeding Katja Bott, … Read the full press release
Posted in Automotive, Business, Germany, Management, Marketing
Tagged appointments, Bettina Fetzer, brand communications, Briton Rob Halloway, Britta Seeger, Communications, Corporate Communications, Katja Bott, Mercedes-Benz Cars & Vans, Mercedes-Benz Communications, Ola Källenius, Personnel changes, PR, Rob Halloway, Tobias Just, Willem Spelten
(IN BRIEF) Mercedes-Benz is set to launch its initial high-power charging stations this fall, starting in Atlanta (USA), Chengdu (China), and Mannheim (Germany). This move marks the beginning of a global charging network expansion, aiming to have over 2,000 high-power … Read the full press release
Posted in Automotive, Business, Electronics & Machinery, Germany, Infrastructure & Utilities, Technology, Transportation & Logistics
Tagged charging infrastructure, charging network, charging points, EV, Franz Reiner, Green Energy, high-power charging stations, Mercedes-Benz, Mercedes-Benz Charging Hubs, Mercedes-Benz Mobility AG, sustainable mobility
(IN BRIEF) Digi Communications N.V., a European telecommunications company, has announced that its Belgian affiliated companies, Digi Communications Belgium N.V. and InSky N.V., have reached wholesale agreements with Proximus Plc, a major Belgian operator. These agreements grant the Belgian companies … Read the full press release
Posted in Belgium, Business, Financial, Investment, News, Portugal, Romania, Spain, Technology, Telecom
Tagged Belgian JV, Belgian market, Belgian Operator, Belgium, commercial agreement, communications services, Digi Communications Belgium N.V, Insky N.V, investment, Mobile Sites, national roaming services, Proximus Plc, roaming, roaming surcharge, roaming surcharges, spectrum, Telecom Market, TELECOMMUNICATION PROVIDER, telecommunications, wholesale agreement
(IN BRIEF) Mr. Valentin Popoviciu, an executive director of Digi Communications N.V., exercised his right to receive 50,000 class B shares from the company’s share capital for the year 2022. These shares were granted to him through conditional share options … Read the full press release
Posted in Belgium, Business, Financial, Internet & Online, Investment, Italy, Management, News, Portugal, Romania, Spain, Technology, Telecom
Tagged AFM, ASF, Autoriteit Financiële Markten, Board of Directors, Board report 2022, Bogdan Ciobotaru, Citymesh, Class A shares, Class B shares, conditional share options, DIGI COMMUNICATIONS N.V., Digi Communications N.V. General Shareholders Meeting, Digi Remuneration Report for 2022, Emil Jugaru, general shareholders’s meeting, GSM, Investor Relations, investors, market, OGSM, Romanian Financial Supervisory Authority, romanian telecommunications provider, Serghei Bulgac, share options, shareholders, shares, shares conversion, Telecom Market, TELECOMMUNICATION PROVIDER, telecommunications, telecommunications services, Valentin Popoviciu
(IN BRIEF) AFRY has achieved certification as a Nasdaq ESG Transparency Partner for 2022, demonstrating its commitment to transparency in sharing Environmental, Social, and Governance (ESG) information with investors. By obtaining this certification, AFRY emphasizes its dedication to sustainability as … Read the full press release
Posted in Awards, Business, Environment, Industrial, Management, News, Sweden
Tagged AFRY, Award, ESG Transparency, NASDAQ, partnership, Sara Lindstrand, sustainability
(IN BRIEF) Iberdrola’s subsidiary Avangrid has established a Data Science and Analytics team to develop proprietary AI systems aimed at enhancing grid reliability and customer service quality. The team comprises seven data scientists, engineers, and analysts, creating three distinct AI … Read the full press release
(IN BRIEF) Sappi Saiccor, a dissolving pulp producer, has entered into a three-year service contract with ANDRITZ for two recovery boilers at its mill in Umkomaas, South Africa. The boilers, operational since 2008 and 2021, produce steam for the mill’s … Read the full press release
Posted in Austria, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, boiler, partnership, Sappi Saiccor, sustainability
(IN BRIEF) Saab aims to demonstrate the integration of its missile-equipped RBS 70 NG Mobile Firing Unit (MFU) with advanced technologies, including the Barracuda Mobile Camouflage System and tactical electronics, onto the Joint Light Tactical Vehicle (JLTV). The purpose is … Read the full press release
Posted in Automotive, Business, Defence, Government, Industrial, Management, News, Security & Safety, Sweden, Technology
Tagged Camouflage Technology, Görgen Johansson, Integrated Air Defense Solution, JLTV, Missile System, Saab
(IN BRIEF) Equinor and its partners have successfully completed a project to increase production by 26 million barrels of oil equivalents from the Statfjord Øst field in Norway. The project was finished with strong safety outcomes and within estimated costs, … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged Camilla Salthe, Equinor, Ketil Rongved, Norway, Statfjord Øst Field
(IN BRIEF) Barclays has appointed Emma Taylor as the Global Head of Internet Coverage and Carmen Chan as a Managing Director of Internet Coverage within the Technology Investment Banking division. Emma Taylor, with nearly 20 years of experience in Technology … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged appointments, Barclays, Carmen Chan, Emma Taylor, Kristin Roth DeClark, leadership
(IN BRIEF) BAE Systems has secured a contract modification exceeding $190 million for the production of the Bradley A4, a crucial combat vehicle used by Armored Brigade Combat Teams. The contract includes over 70 M2A4 Infantry Fighting Vehicles and M7A4 … Read the full press release
Posted in Automotive, Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, United Kingdom
Tagged BAE Systems, Bradley A4, combat vehicles, Dan Furber, partnership
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is granting a loan of up to €25 million to LifeSpot, a residential rental accommodation operator in Poland. The loan aims to address Poland’s housing shortage, which has been exacerbated … Read the full press release
Posted in Banks, Business, Financial, Industrial, Management, News, Real Estate, United Kingdom
Tagged EBRD, Housing Shortage, Klajd Hasimi, LifeSpot, Marek Obuchowicz, Poland, Refugee Influx
(IN BRIEF) Ahlstrom has finalized an agreement to sell its Stenay plant in France to Accursia Capital, a move that aligns with Accursia Capital’s long-term investment strategy to bolster the plant’s position in the paper-based packaging market. The divestment, supported … Read the full press release
Posted in Business, Financial, Finland, France, Industrial, Investment, Management, News
Tagged Accursia Capital, acquisition, Ahlstrom, France, Mark Ushpol, Martin Scheiblegger, partnership, Stenay plant
(IN BRIEF) De Nederlandsche Bank (DNB) has entered into four-year agreements with TCS and Capgemini to provide IT services, starting in 2024. TCS will manage the service desk, while Capgemini will oversee the data centers, marking the end of DNB’s … Read the full press release
Posted in Banks, Business, Financial, Investment, Management, Netherlands, News, Technology
Tagged Arjen de Graaf, Capgemini, Centric, DNB, IT Services, Josu Devasia, partnership, Pierre-Olivier Bouée, TCS
(IN BRIEF) Dutch Finance Minister Sigrid Kaag has named Artie Debidien as a new member of the Supervisory Board of DNB (De Nederlandsche Bank), based on the recommendation of DNB’s Supervisory Board. Debidien, currently Chief Information Officer and Executive Vice … Read the full press release
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