(IN BRIEF) Kalmar, a subsidiary of Cargotec, has entered into an agreement with Australian heavy-equipment distributor AJL Group Pty Ltd (AJL) to provide 18 heavy terminal tractors to TT-Line Company Pty (TT-Line). The order, which was included in Cargotec’s Q2 … Read the full press release
Posted in Business, Finland, Industrial, Management, News, Transportation & Logistics
Tagged AJL Group Pty Ltd, Andrew Lawson, Australia, Cargotec, Heavy Terminal Tractors, Kalmar, partnership, Peter Trevitt, TT-Line
(IN BRIEF) Cargotec Corporation has announced its decision to initiate a share repurchase program. The Board of Directors will exercise the authorization granted by the Annual General Meeting on March 23, 2023. Cargotec plans to repurchase 400,000 class B shares, … Read the full press release
Posted in Business, Financial, Finland, Investment, Management, Media, News, Transportation & Logistics
Tagged Board of Directors, Cargotec, Incentive Programs, share repurchase program
(IN BRIEF) Cargotec Corporation has announced its half-year financial report for January-June 2023, revealing record-high profitability. The company experienced a strong rebound in orders received, reaching pre-COVID levels. Sales increased by 25%, and a record-high comparable operating profit margin of … Read the full press release
(IN BRIEF) Hiab, a subsidiary of Cargotec, has launched HiSkill, a cost-effective training simulator designed to enhance the safety and efficiency of knuckle boom crane operations. HiSkill utilizes virtual reality (VR) technology to create a realistic and secure learning environment … Read the full press release
Posted in Automotive, Business, Finland, Industrial, Management, News, Technology, Transportation & Logistics
Tagged Cargotec, Hiab, HiSkill, Knuckle Boom Crane Operations, Maria Lindroos, Virtual Reality
(IN BRIEF) Outokumpu, a company, will release its half-year report for January-June 2023 on August 3, 2023. The report will be available at approximately 9.00 am EEST. Later in the day, at 3.00 pm EEST, a live webcast and conference … Read the full press release
Posted in Business, Financial, Finland, Industrial, Management, Media, Metals and Minerals, News
Tagged Half-Year 2023 Report, Heikki Malinen, Outokumpu, Pia Aaltonen-Forsell
(IN BRIEF) Vattenfall, a leading energy company, has acquired Solizer, a German solar developer, as part of its efforts to enable fossil-free living. The acquisition includes an experienced team and a pipeline of large-scale solar projects in Germany, totaling 4 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Sweden
Tagged acquisition, Helene Biström, partnership, solar power, Solizer, sustainability, Vattenfall
(IN BRIEF) The LEGO Group has announced three new additions to its LEGO Star Wars building set range at San Diego Comic-Con. The new sets include Ahsoka Tano’s T-6 Jedi Shuttle and New Republic E-Wing vs. Shin Hati’s Starfighter, connected … Read the full press release
Posted in Business, Construction, Denmark, Entertainment, Industrial, Management, Media, News
Tagged Ahsoka, Ahsoka Tano's T-6 Jedi Shuttle, César Carvalhosa Soares, Chewbacca, Jens Kronvold Frederiksen, LEGO Group, New Republic E-Wing™ vs. Shin Hati’s Starfighter, San Diego Comic-Con, Star Wars Building Sets
(IN BRIEF) The University of Twente (UT) has launched a collaboration with the Ministry of the Interior and Kingdom Relations (BZK) and the Post Master Digital Design & Architecture Foundation (PMDD&A). The collaboration aims to offer the Digital Design & … Read the full press release
(IN BRIEF) MAHLE, an international technology group, aims to position itself as the system champion in e-mobility, according to Arnd Franz, Chairman of the MAHLE Management Board and CEO. The company presented a new technology kit for electric motors that … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News, Technology
Tagged Arnd Franz, e-mobility, Electric Motor Technology Kit, electrification, innovative, MAHLE
(IN BRIEF) Airbus Helicopters has received certification from the Civil Aviation Administration of China (CAAC) for its H175 helicopter. This certification allows for the delivery of H175 helicopters to customers in China, which is a demanding market with a growing … Read the full press release
(IN BRIEF) ANDRITZ, an international technology group, has secured an order from Roseburg Forest Products Co. to supply a complete fiber preparation line for medium density fiberboard (MDF) production at their new mill in Dillard, Oregon, USA. The investment is … Read the full press release
(IN BRIEF) AFRY Management Consulting has been ranked among the top three consultancies for green and low-carbon hydrogen by Reuters in their report on the top 100 innovators in hydrogen for 2023. AFRY’s expertise in the hydrogen value chain, ranging … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Sweden
Tagged AFRY, Awards, GREEN HYDROGEN, hydrogen, John Williams, Management Consulting, Reuters, sustainability, Top Consultancy
(IN BRIEF) Capgemini and Microsoft have collaborated to create the Azure Intelligent App Factory, a solution aimed at enabling organizations to scale responsible and sustainable generative AI capabilities for their business. The App Factory combines Capgemini’s expertise in engineering and … Read the full press release
(IN BRIEF) Samaritans Festival Branch is celebrating its 50th year by unveiling a special Listening Garden at Latitude festival. The Listening Garden provides a space for people to sit, reflect, talk, and listen, highlighting the support Samaritans has provided to … Read the full press release
Posted in Business, Entertainment, Management, Media, News, United Kingdom
Tagged 50th Year, charity, Darren Hawkes, event, Festival Branch, festivals, Hazel Buontempo, Latitude Festival, Listening Garden, Melvin Benn, Samaritans
(IN BRIEF) The Canton of Zurich has joined the Terravis network, enabling authorized users to digitally access data from the land register of the Canton of Zurich. Terravis, an initiative of SIX, facilitates the exchange of information in the real … Read the full press release
(IN BRIEF) Vivendi and its entities are fully engaged as the Official Entertainment Sponsor of Rugby World Cup France 2023. Various initiatives have been undertaken to promote the event, including embellishing monuments, producing signature films, broadcasting sports news programs, releasing … Read the full press release
Posted in Business, Entertainment, France, Industrial, Management, Media, News, Sports
Tagged entertainment, Rugby World Cup France 2023, sponsor, Vivendi, Yannick Bolloré
(IN BRIEF) Savills, the international real estate advisor, has appointed Katarina Szinekova as an Associate Director in Healthcare Valuations to support the expansion plans of its Healthcare & Senior Living team within the Operational Capital Markets division. With over 10 … Read the full press release
Posted in Business, Healthcare, Industrial, Management, News, Real Estate, United Kingdom
Tagged appointment, Associate Director, Healthcare Valuations Team, Katarina Szinekova, leadership, Rick Savage, Savills
(IN BRIEF) Infineon Technologies AG has introduced its silicon carbide (SiC) CoolSiC™ MOSFET 650 V in TO leadless (TOLL) packaging to address the growing demand for energy efficiency in the digitalization and electro-mobility era. These SiC MOSFETs are optimized for … Read the full press release
(IN BRIEF) Garanti BBVA has partnered with Enterprise Türkiye to promote electric mobility and car rentals in Türkiye. As part of this collaboration, Garanti BBVA is offering an ecommerce loan, known as a Buy Now Pay Later (BNPL) loan, to … Read the full press release
(IN BRIEF) Audi Sport is preparing for the 2024 Dakar Rally with a test in Spain and participation in the Baja Aragón competition. Three Audi RS Q e-tron cars will be driven by pairs of drivers in the event. The … Read the full press release
Posted in Automotive, Business, Entertainment, Germany, Industrial, Management, Media, News, Sports
Tagged 2024 Dakar Rally, Audi RS Q e-tron cars, Audi Sport, Baja Aragón Competition, Carlos Sainz, Edouard Boulanger, Emil Bergkvist, Leonardo Pascali, Lucas Cruz, Mattias Ekström, Rolf Michl, Spain, Stéphane Peterhansel, Sven Quandt
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