(IN BRIEF) Amprion, the transmission system operator, invested a record amount of 1.5 billion euros in grid infrastructure expansion and conversion in the completed financial year. The company plans to invest around 22 billion euros in the transmission grid over … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Infrastructure & Utilities, Management, Media, News
Tagged Amprion, Dr. Hans-Jürgen Brick, Netherlands, Peter Rüth
(IN BRIEF) Intesa Sanpaolo and Carrefour Italia have entered into an agreement for an ESG (environmental, social and governance) credit line worth €55 million to support the issuance of guarantees to Carrefour Italia’s subsidiaries. The credit line includes an incentive … Read the full press release
(IN BRIEF) Volvo Group’s innovation hub, CampX, has expanded its focus areas to include financial technology (fintech) to accelerate the transition to sustainable transport solutions. Fintech is transforming the financial services industry through partnerships with startups and changing how customers … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Management, News, Technology
Tagged accelerator, Allen Atchley, CampX, fintech, Helene Niklasson, INNOVATION, Volvo Group
(IN BRIEF) Caroline Chanavas is set to join EDF as Executive Vice-President of Human Resources on April 17, 2023, to succeed Christophe Carval, who will retire in the coming months. Chanavas, who is currently the Executive Vice-President of Human Resources … Read the full press release
(IN BRIEF) German logistics company ARS Altmann Automobillogistik has introduced the world’s first all-electric Scania standard car transporter. The 230 kWh-strong Scania P 25 battery-electric vehicle has been combined with a Kässbohrer body and trailer, enabling simple, safe, and quick … Read the full press release
Posted in Automotive, Business, Industrial, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Alberto Picco, ARS Altmann Automobillogistik, Christian Hottgenroth, electric car transporter, Kässbohrer, partnership, Scania, Scania P 25 battery-electric vehicle, Thiemo Freyer, Wolfgang Ketterle
(IN BRIEF) BP has announced the start of oil production at the Argos offshore platform, its fifth platform in the Gulf of Mexico and the first new bp-operated production facility in the region since 2008. The platform is the centerpiece … Read the full press release
(IN BRIEF) Bosch aims for sustainable growth with investment in industrial technology, with plans to increase sales from €7 billion to over €10 billion by 2028. This expansion is expected to be driven by increasing demand for automation and Industry … Read the full press release
Posted in Business, Environment, Germany, Industrial, Management, News, Technology
Tagged Bosch, Dr. Stefan Hartung, Hannover Messe, industrial technology, sustainability
(IN BRIEF) Hexagon AB, a global leader in digital reality solutions, announced the appointment of Madlen Nicolaus as its Chief Marketing Officer (CMO), effective from April 24, 2023. Nicolaus is a marketing expert who has previously led enterprise and consumer … Read the full press release
Posted in Business, Industrial, Management, News, Sweden, Technology
Tagged appointment, Chief Marketing Officer, Hexagon, Kristin Christensen, leadership, Madlen Nicolaus, Ola Rollén, Paolo Guglielmini
(IN BRIEF) Laurent Martinez has been appointed as the Executive Director of Finance, Performance and Development for Orange Group starting from September 1, 2023. He is currently the Chief Financial Officer of Alstom and has played a key role in … Read the full press release
Posted in Business, France, Industrial, Management, News, Telecom
Tagged appointment, Christel Heydemann, Executive Director, Jean-Michel Thibaud, Laurent Martinez, leadership, Orange
(IN BRIEF) LSEG (London Stock Exchange Group) has launched a new trading service, Turquoise Retail Max™, to support European retail brokers in meeting their best execution obligations and deliver price improvement for end retail investors when trading pan-European securities. Turquoise … Read the full press release
(IN BRIEF) Siemens is introducing Sinamics DriveSim Advanced, an extended simulation software for drive constellations that can be used for both engineering and commissioning on the basis of a digital twin. The software can create a digital twin of the … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Technology
Tagged Hannover Messe, motion control drives, Siemens, simulation, Sinamics DriveSim Advanced
(IN BRIEF) Siemens Smart Infrastructure has expanded its sustainable blue GIS portfolio with the 8DAB 40, a switchgear for primary distribution networks up to 40.5 kV that uses “Clean Air” as an insulating medium, making it climate-friendly and free of … Read the full press release
(IN BRIEF) Siemens has announced Industrial Operations X, a new open and interoperable portfolio for automating and operating industrial production as part of its Xcelerator digital business platform. The solution is designed for production engineering, execution, and optimization, bringing together … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Technology
Tagged Cedrik Neike, Industrial Operations X, Siemens
(IN BRIEF) Volkswagen is set to unveil its latest all-electric flagship model, the ID.7, on Monday, April 17th, with a global premiere scheduled to take place simultaneously in Europe, China, and the US. The new model, positioned at the top … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News, Technology
Tagged CANADA, CHINA, electric vihicle, Europe, ID. models, ID.7, Imelda Labbé, USA, Volkswagen
(NOTICIA EN BREVE) El Fondo Europeo de Inversiones (FEI) ha firmado un acuerdo de garantía de cartera con Noviti Finance para prestar casi 47 millones de euros a microempresas en Lituania, Letonia y Polonia en condiciones preferenciales. La garantía del … Read the full press release
Posted in Banks, Business, European Union, Financial, Investment, Latvia, Lithuania, Luxembourg, Poland, Small Business
Tagged FEI, Fondo Europeo de Inversiones, InvestEU, Letonia, Linas Armalys, Lituania, Marjut Falkstedt, Noviti Finance, Polonia, PYME, Valdis Dombrovskis
(IN BRIEF) The European Investment Fund (EIF) has signed a portfolio guarantee agreement with Noviti Finance to lend almost €47 million to micro-businesses in Lithuania, Latvia, and Poland on preferential terms. The EIF guarantee is provided under the European Union’s … Read the full press release
Posted in Banks, Business, European Union, Financial, Investment, Latvia, Lithuania, Luxembourg, Poland, Small Business
Tagged EIF, InvestEU, Latvia, Linas Armalys, Lithuania, Marjut Falkstedt, Noviti Finance, Poland, SMEs, The European Investment Fund, Valdis Dombrovskis
(NOTIZIA IN BREVE) La Banca europea per gli investimenti (BEI) ha firmato un accordo da 200 milioni di euro con illimity Bank per fornire finanziamenti alle piccole e medie imprese (PMI) in Italia. Le due banche mobiliteranno 100 milioni di … Read the full press release
Posted in Banks, Business, European Union, Financial, Investment, Italy, Luxembourg, Small Business
Tagged acqua sostenibile, b-ilty, banca digitale, Banca Europea per gli investimenti, BEI, Corrado Passera, efficienza energetica, energie rinnovabili, Gelsomina Vigliotti, gestione dei rifiuti, illimity, illimity Bank S.p.A., mobilità sostenibile, PMI, PMI Italiane
(IN BRIEF) The European Investment Bank (EIB) has signed a €200m deal with illimity Bank to provide funding to small and medium-sized enterprises (SMEs) in Italy. The two banks will mobilize €100m each in 2023 to ensure that SMEs have … Read the full press release
Posted in Banks, Business, European Union, Financial, Investment, Italy, Luxembourg, Small Business
Tagged b-ilty, Corrado Passera, digital bank, EIB, energy efficiency, Gelsomina Vigliotti, illimity, illimity Bank S.p.A., Italian SMEs, renewable energy, SMEs, sustainable mobility, sustainable water, The European Investment Bank, waste management
(IN BRIEF) Siemens Smart Infrastructure has launched new solutions for sustainable and smart medium voltage switchgear. The SIBushing, a sustainable and intelligent solution for smart switchgear, is designed to provide transparency and high-precision measurement of distribution systems while consuming significantly … Read the full press release
(IN BRIEF) Siemens and Microsoft are partnering to integrate Siemens’ Teamcenter software with Microsoft’s collaboration platform Teams and Azure AI capabilities. The goal is to enhance cross-functional collaboration and utilize generative AI to drive innovation and efficiency across the design, … Read the full press release
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