(IN BRIEF) Siemens Smart Infrastructure has been recognized as one of the leading providers of security software in smart buildings by industry analyst firm Verdantix. In their “Green Quadrant: Integrated Smart Building Security Software 2023” report, Verdantix evaluated and ranked … Read the full press release
(IN BRIEF) Alpha Trains, a leading European locomotive and trains lessor, has awarded Siemens Mobility a long-term service and maintenance contract for its Vectron locomotives. The 15-year contract includes complete maintenance and revisions at Siemens Rail Service Center in Munich-Allach. … Read the full press release
(IN BRIEF) Eni, in collaboration with industry partners and associations, has presented a strategic orientation document titled “The route to net zero. Decarbonizing the maritime sector.” The document was developed by 40 experts and focuses on analyzing the technological evolution … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Italy, Management, News, Transportation & Logistics
Tagged decarbonizing, Eni, Giuseppe Ricci, Mario Mattioli, maritime, net zero, partnership
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a loan of US$110 million to QNB Finansbank in Turkey. The loan is part of the EBRD’s Türkiye Disaster Response Framework, launched after the devastating earthquakes in February. … Read the full press release
Posted in Banks, Business, Financial, Industrial, Management, News, United Kingdom
Tagged Arthur Poghosyan, disaster, EBRD, loan, partnership, Post-Earthquake Recovery, QNB Finansbank, Turkey, Yeliz Ataay Arıkök
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are providing new financing to Sparkasse Bank in Bosnia and Herzegovina to support digital transformation investments by small and medium-sized enterprises (SMEs). The EBRD has … Read the full press release
Posted in Banks, Business, European Union, Financial, Industrial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged Amir Softić, Bosnia, digital transformation, digitalisation, EBRD, EU, financing, Herzegovina, Manuela Naessl, partnership, SMEs, Sparkasse Bank
(IN BRIEF) A study conducted by the European Commission and the European Investment Bank (EIB) suggests that implementing the European track gauge on lines to Lviv and Chișinău would be a crucial first step in enhancing connections between Poland and … Read the full press release
Posted in Banks, Business, European Union, Industrial, Infrastructure & Utilities, Luxembourg, Moldova, Poland, Romania, Transportation & Logistics, Ukraine
Tagged Adina Vălean, cross-border connections, EIB, EU-Ukraine Solidarity Lanes, European Commission, European Investment Bank, European track gauge, JASPERS, land transport connections, Solidarity Lanes, Teresa Czerwińska
(IN BRIEF) Banque Mauritanienne de l’Investissement (BMI) and the European Investment Bank (EIB) have signed a memorandum of understanding to provide support to small and medium-sized enterprises (SMEs) and mid-caps in Mauritania. The partnership, under the new 2023-2027 agreement between … Read the full press release
(IN BRIEF) Rheinmetall has been awarded a multiyear framework contract by the German and Dutch armed forces to supply up to 3,058 Caracal airmobile platforms, with a total value of up to €1.9 billion. The contract includes 2,054 vehicles for … Read the full press release
(IN BRIEF) Continental, a tire manufacturer, is equipping its entire Conti Urban tire family with latest-generation sensors, making it the first manufacturer to offer a complete range of tires with sensors. The smart tires, including the Conti Urban HA3, Conti … Read the full press release
(IN BRIEF) Swiss Re Institute’s latest sigma report highlights that emerging Asia, led by the reopening of China’s economy, is expected to be the main driver of global economic growth in the coming years. The report forecasts a growth rate … Read the full press release
Posted in Business, Economy, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged ASIA, CHINA, economy, Global Economic Growth, inflation, Jérôme Haegeli, Li Xing, Swiss Re
(IN BRIEF) GRAHAM, a leading national contractor and developer, has achieved a significant milestone by surpassing £1 billion in turnover. The company’s recently published accounts show a 15.3% increase in revenue compared to the previous year, reaching £1.094 billion. GRAHAM’s … Read the full press release
Posted in Business, Construction, Economy, Environment, Financial, Industrial, Management, News, United Kingdom
Tagged Andrew Bill, economy, Financial, GRAHAM, sustainability
(IN BRIEF) Researchers at the Paul Scherrer Institute (PSI) and the University of Barcelona have provided experimental proof for the behavior of microgels, soft particles made of polymers, in colloids. The phenomenon, known as the shrinking of microgels, occurs when … Read the full press release
(IN BRIEF) Iberdrola and the Business Association for the Development and Promotion of Electric Mobility (AEDIVE) have formed an alliance to accelerate the electrification of heavy road transport in Spain. The initiative aims to combat climate change, improve fuel efficiency, … Read the full press release
(IN BRIEF) Schneider Electric has signed a contract to supply medium voltage equipment and grid management software for the upgrade of Serbia’s electrical distribution network. The project aims to improve network reliability, reduce power outages, and decrease technical and non-technical … Read the full press release
(IN BRIEF) ZF’s Commercial Vehicle Solutions (CVS) division has introduced its latest eMobility kit, which includes all the necessary technologies for commercial vehicle manufacturers to electrify their vehicles. The product range encompasses all-electric central drives, axle drives, and eComponents, making … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News, Technology
Tagged AxTrax 2, Commercial Vehicle Electrification, eMobility Kit, Winfried Gründler, ZF
(IN BRIEF) Voith has launched the #VoithCares program in collaboration with the Hanns Voith Foundation to support the volunteer work of its employees worldwide. In the first round, 50 nonprofit projects were selected and received financial support totaling 50,000 euros. … Read the full press release
Posted in Business, Financial, Germany, Industrial, Management, News, Non Profit, Technology
Tagged #VoithCares Program, Dr. Toralf Haag, Employee Volunteer Work, Hanns Voith Foundation, Voith
(IN BRIEF) Larsen & Toubro (L&T) and Navantia, Spain, have signed a Teaming Agreement for the Indian Navy’s P75 (India) submarine program. The agreement aims to submit a bid for the program, which involves the delivery of six conventional submarines … Read the full press release
Posted in Business, Defence, Government, Industrial, Management, News, Spain, Transportation & Logistics
Tagged acquisition, Air-Independent Propulsion (AIP), Captain (Navy) Fernando Alvarez, H.E. Mr José María Ridao Domínguez, Larsen & Toubro, Mr Augustin Alvarez Blanco, Mr S N Subrahmanyan, Navantia, Navy's P75 Submarine, partnership
(IN BRIEF) The Fédération Internationale de l’Automobile (FIA), in collaboration with AFRY, has introduced the FIA Road Safety Index, a tool to measure and improve organizations’ and companies’ safety practices. At the Vision Zero Conference, TotalEnergies became the first private … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, News, Security & Safety, Sweden
Tagged AFRY, Award, Claes Tingvall, FIA, Jacob Bangsgaard, Road Safety Index, safety, TotalEnergies
(IN BRIEF) An international team of researchers, including scientists from the University of St Andrews, has made a breakthrough in the field of optical coherence tomography (OCT), a critical form of light imaging used in various medical applications. Published in … Read the full press release
Posted in Business, Education, Healthcare, Industrial, Management, News, Science, Technology, United Kingdom
Tagged Disease Diagnosis, Dominik Marti, Dr Peter Andersen, Gavrielle Untracht, Harold Yura, Light Imaging, Mingzhou Chen, Optical Coherence Tomography, Peter Andersen, Philip Wijesinghe, Professor Kishan Dholakia, Science Advances, University of St Andrews
(IN BRIEF) Skanska, a construction company, has announced a contract amendment with Oregon Health & Science University (OHSU) for its Hospital Expansion Project in Portland, USA. The contract amendment is valued at USD 91 million and includes various construction activities … Read the full press release
Posted in Business, Construction, Financial, Healthcare, Industrial, Infrastructure & Utilities, Management, News, Sweden
Tagged expansion, OHSU Hospital, Portland, Skanska
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