(IN BRIEF) DHL Global Forwarding has introduced new features and updates to its myDHLi customer portal, aimed at improving logistics performance, resilience, and sustainability. The upgrades were unveiled during the third myDHLi Digital Summit, broadcast live from the transport logistic … Read the full press release
Posted in Business, Germany, Industrial, Management, Technology, Transportation & Logistics
Tagged air freight, Deutsche Post DHL Group', DHL Global Forwarding, GoGreen Plus, international freight specialist, logistics, myDHLi Digital Summit, myDHLi portal, ocean freight, Quote + Book, shipment, Smart ETA myDHLi, supply chain, Tim Scharwath, transport logistic trade fair
(IN BRIEF) Industrial gases specialist, Messer, plans to launch a CO2 recovery plant in Austria in 2024, using BASF’s OASE® blue technology to recover CO2 from an industrial company’s flue gas. The recovered CO2 will be refined to food grade … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) has provided UniCredit Group with two guarantees worth €370 million to support investment by small and medium-sized businesses (SMEs) across seven EU countries. The transactions are backed by InvestEU, the European Union’s long-term … Read the full press release
Posted in Banks, Bulgaria, Business, Croatia, Czech Republic, European Union, Financial, Hungary, Investment, Romania, Slovakia, Slovenia, Technology
Tagged Andrea Orcel, EIB Group, EIF, European Union, Gelsomina Vigliotti, INNOVATION, InvestEU, job creation, Paolo Gentiloni, SMEs, sustainable investment, The European Investment Fund, UniCredit Group
(IN BRIEF) Barry Callebaut, the world’s leading chocolate and cocoa products manufacturer, has announced a set of refined sustainability targets for its Forever Chocolate plan. The company aims to make sustainable chocolate the norm, with targets to achieve by 2030 … Read the full press release
Posted in Agriculture, Business, Environment, Food & Beverage, Industrial, Management, Society, Switzerland
Tagged agroforestry, Barry Callebaut Group, chocolate, chocolate supply chain, cocoa, cocoa farmers, cocoa products, coconut, dairy, eradicate child labor, Forever Chocolate, human rights, nuts, palm oil, Paris Climate Agreement, Steven Retzlaff, sustainable chocolate, Sustainable Ingredients, transparency
(IN BRIEF) International technology group ANDRITZ has received an order from Steves & Sons, Inc. to supply two pressurized refining systems for Steves’ new mill in Athens, Georgia. The state-of-the-art systems will process a mix of hardwood and softwood chips … Read the full press release
Posted in Austria, Business, Industrial, Technology
Tagged Andritz, C-feeder, fibers, GEORGIA, molded door skins, pressurized refining systems, Stephen Brien, Steves & Sons, United States
(IN BRIEF) Kuehne+Nagel, a logistics company, has opened two new fulfilment centers in Chengdu, West China, for Elanco, a leading animal healthcare company. The new facilities include a manufacturing warehouse and a distribution center for finished products, both of which … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) will provide a €170 million guarantee to Finnvera Plc to finance approximately €280 million of investment by small companies in Finland. The support of the InvestEU programme enables the guarantee to trigger more … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Investment, Luxembourg, Small Business, Technology
Tagged climate change, digitalisation, EIF, energy transformation, Finland, Finnvera, Finnvera plc, green transition, innovation loan, InvestEU programme, SMEs, The European Investment Fund
(IN BRIEF) Plenitude, the retail energy business of Eni, and Kraken, the tech platform of Octopus Energy Group, have entered into a strategic partnership to help Plenitude expand its presence in international retail energy markets. Plenitude will adopt the Kraken … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy, Retail, Technology, United Kingdom
Tagged CRM, ENERGY, Eni, Greg Jackson, Kraken, Kraken Technologies, Mauro Fanfoni, Octopus Energy Group, Plenitude, retail energy
(IN BRIEF) Versalis, the chemicals company owned by Eni, has achieved a “Platinum” rating from independent agency EcoVadis for the second year in a row, placing it in the top 1% for its industry in terms of corporate social responsibility. … Read the full press release
(IN BRIEF) UBS Group AG has announced its new operating model and leadership team after the planned acquisition of Credit Suisse AG. The legal close of the acquisition is expected to occur soon, after which Credit Suisse Group AG will … Read the full press release
Posted in Banks, Business, Financial, Management, Switzerland
Tagged acquisition, appointments, Barbara Levi, Beatriz Martin Jimenez, Christian Bluhm, Credit Suisse AG, Edmund Koh, Iqbal Khan, leadership, Markus Ronner, Michelle Bereaux, Mike Dargan, Naureen Hassan, Rob Karofsky, Sabine Keller-Busse, Sarah Youngwood, Sergio P. Ermotti, Stefan Seiler, Suni Harford, Todd Tuckner, UBS AG, UBS Group AG, Ulrich Körner
(IN BRIEF) Stephen Roy has been appointed as the new President of Mack Trucks and a new member of Volvo Group’s Executive Board. He will replace Martin Weissburg, who is retiring from the company. Roy has been associated with Volvo … Read the full press release
(IN BRIEF) Hiab, a subsidiary of Cargotec, has signed a license manufacturing agreement with Dalian Shidao Industry to expand sales and service coverage of MULTILIFT hooklifts in mainland China. Dalian Shidao Industry will manufacture, sell, and service Hiab’s MULTILIFT hooklifts … Read the full press release
(IN BRIEF) The news story is about DHL Freight launching a new, sustainable intermodal rail freight service between Germany and Denmark. The service will depart from Duisburg in Germany and Padborg in Denmark, with three weekly departures each way. The … Read the full press release
(IN BRIEF) The United States and the European Union have agreed to a five-year truce in their long-standing dispute over subsidies provided to Boeing and Airbus. The dispute, which began in 2004, has seen the two sides impose tariffs on … Read the full press release
(IN BRIEF) Enel, the Italian multinational energy company, has launched a new digital platform named “Beyond Reporting 2022” to promote sustainable development, a green energy system, and decarbonization of its power generation. The digital platform is an integrated reporting system … Read the full press release
(IN BRIEF) Volkswagen Group’s volume brands, Volkswagen, Škoda, SEAT/CUPRA, and Volkswagen Commercial Vehicles, have published a quarterly report for the first time, showing their positive performance in the first quarter of 2023. The report reflects a doubling of operating profit … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Management
Tagged CUPRA, full-electric vehicles, Operating profit, SEAT, ŠKODA, Thomas Schäfer, Volkswagen, Volkswagen Commercial Vehicles, Volkswagen Group
(IN BRIEF) Rheinmetall has secured a €125 million order from the Royal Australian Navy and the Commonwealth of Australia for the Multi Ammunition Softkill System (MASS), which will initially be used to equip Hobart-class destroyers and ANZAC-class frigates. The first … Read the full press release
Posted in Automotive, Business, Defence, Germany, Government, Industrial, Management, News, Security & Safety
Tagged Martin Fegg, MASS, Nathan Poyner, Rheinmetall, Royal Australian Navy, ship protection
(IN BRIEF) ERG, via its subsidiary ERG Spain HoldCo SLU, has signed an agreement to acquire a 100% stake in Garnacha Solar SL from IBV Solar Parks, BV, a company of the German group ib vogt GmbH. The solar power … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Italy, Management, News
Tagged acquisition, ERG, IBV Solar Parks, Paolo Merli, solar power plant, Spain
(IN BRIEF) Dr. Andreas Mattner, the Managing Director of ECE Development & Consulting, will be leaving ECE on May 31, 2023, as planned, due to reasons of age. He played a significant role in building ECE’s division for the development … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Real Estate
Tagged Alexander Otto, Andreas Mattner, ECE, Managing Director
(IN BRIEF) EnBW, a German energy company, has reported a significant increase in its first-quarter operating result, with a Group adjusted EBITDA of €2.8 billion, compared to €1.2 billion generated in the same period last year. The earnings growth was … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Infrastructure & Utilities, Management, News
Tagged EnBW, finacial, Financial, infrastructure
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