(IN BRIEF) EQT, along with its co-shareholders, has agreed to sell BBS Automation to Dürr Group. BBS Automation, based in Munich, specializes in automating production processes and reducing energy consumption and waste. It offers customized assembly and testing solutions for … Read the full press release
Posted in Business, Germany, Industrial, Investment, Management, Sweden, Technology
Tagged Andreas Aschenbrenner, ANT Solutions, automation, BBS, BBS Automation, Dürr Group, EQT, EQT Mid Market Asia III funds, EQT Mid Market Europe, Josef Wildgruber, Kahle Automation, life sciences, medtech, ReaLead, Robert Latz, TEAM
(IN BRIEF) ANDRITZ, the international technology group, has installed a new spunlace pilot line at its center of competence in Montbonnot, France. The pilot line enables customers and partners to conduct trials for producing nonwovens using recycled and/or natural fibers … Read the full press release
Posted in Austria, Business, Environment, France, Industrial, Technology
Tagged Andritz, cotton, fibers, flax, France, hemp, Montbonnot, natural fibers, nonwoven industry, nonwovens, recycled, spunlace, sustainability
(IN BRIEF) Savills Auctions has announced the addition of three new recruits to its team to meet the growing demand for its auction services. The hires bring expertise across the commercial sector, and their appointments come after a record-breaking year … Read the full press release
(IN BRIEF) Wacker Chemie AG plans to expand its capacity for cleaning semiconductor-grade polysilicon by setting up a new production line at its Burghausen site. The expansion will increase capacity by over 50% and enable the production of more powerful … Read the full press release
Posted in Business, Chemicals, European Union, Germany, Industrial
Tagged Burghause, Christian Hartel, EU, Important Projects of Common European Interest, IPCEI, polysilicon, polysilicon chips, polysilicon chunks, semiconductor applications, semiconductor wafers, Wacker Chemie AG, WACKER POLYSILICON
(IN BRIEF) Elisa, in partnership with Ericsson, has become the first service provider in Europe to deploy the In-Service Software Upgrade (ISSU) capability on a live 5G Standalone (SA) network. This milestone allows Elisa to upgrade its core network software … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Internet & Online, Sweden, Technology, Telecom
Tagged 5G Core, 5G networks, 5G SA, 5G standalone, cloud-native dual-mode 5G Core, Daniel Ode, dual-mode 5G Core, ELISA, Elisa Finland, Ericsson, In-Service Software Upgrade, ISSU, Markus Kinnunen, service provider
(IN BRIEF) Iberdrola Mexico and Mexico Infrastructure Partners (MIP) have signed an agreement where MIP’s trust will acquire 55% of Iberdrola’s gross operating profit (EBITDA) in Mexico, including associated contracts and over 410 jobs. The agreement allows Iberdrola to focus … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, Spain
Tagged Altamira III and IV, Altamira V, Andrés Manuel López Obrador, Baja California, CFE, combined cycle gas plants, Enertek, Escobedo, Federal Electricity Commission, Fonadin, Iberdrola Mexico, Ignacio Galán, La Laguna, La Venta III, México, Mexico Infrastructure Partners, MIP, Monterrey I and II, Monterrey III and IV, Solar, Tamazunchale I, Tamazunchale II, Topolobampo II, Topolobampo III, Wind, wind farm
(IN BRIEF) RWE has partnered with Jan De Nul Group to secure the long-term usage of two next-generation installation vessels for offshore wind projects. The agreement includes the exclusive charter of “Les Alizés” and “Voltaire,” specialized vessels capable of installing … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Industrial, Luxembourg, Technology, Transportation & Logistics
Tagged Jan De Nul Group, Les Alizés, Maritime Services, next-generation installation vessels, next-generation offshore installation vessels, offshore wind foundation, offshore wind projects, Philippe Hutse, RWE, Thor offshore wind farm. Sven Utermöhlen, turbine construction, vessel, Voltaire, wind turbines
(IN BRIEF) Nora Wahby has been appointed as the Head of Customer Unit Northern and Central Europe for Ericsson, effective September 1, 2023. She will lead the business with over 100 customers across 16 countries in the Nordics, Baltics, and … Read the full press release
Posted in Business, Management, Sweden, Technology, Telecom
Tagged 4IG Group, appointment, Cellnex Telecom, Daniel Ode, ELISA, Ericsson, Faroese Telecom, GCU Telia Company, Magyar Telekom, Nora Wahby, play, PPF, TDC Net, Telenor, Telia Company, vodafone
(IN BRIEF) Hydro, a global leader in aluminum production, has signed an agreement to purchase land in Torija, Spain, where it plans to build a state-of-the-art aluminum recycling plant. The facility will have an annual capacity of 120,000 tonnes and … Read the full press release
Posted in Business, Environment, Industrial, Investment, Metals and Minerals, Norway, Spain
Tagged aluminium, aluminum recycling plant, Eivind Kallevik, energy efficient building, Hydro, Hydro CIRCAL, Pulsar Properties Group, recyclability, recycled low-carbon aluminium, recycling, renewable energy, Spain, Torija
(IN BRIEF) BAE Systems has been awarded a 10-year, £270 million contract by the Ministry of Defence (MOD) to support the Royal Navy’s radar systems. The contract covers maintenance and upgrades for the Artisan, Sampson, and Long Range Radar (LRR) … Read the full press release
(IN BRIEF) TotalEnergies has signed a Power Purchase Agreement (PPA) for the Mirny wind project in Kazakhstan, marking the country’s largest wind energy initiative. The project involves a 1 GW onshore wind farm and a 600 MWh battery energy storage … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Industrial, Infrastructure & Utilities
Tagged Almassadam Satkaliyev, battery energy storage, energy transition, gas, Kazakhstan, KazMunayGas, Mirny project, National Wealth Fund Samruk-Kazyna, oil, Patrick Pouyanné, Power Purchase Agreement, PPA, renewable energy, TotalEnergies, wind farm, Wind Project, Zhambyl
(IN BRIEF) DNV has awarded Knutsen NYK Carbon Carriers (KNCC) a General Approval for Ship Application (GASA) certificate for their LCO2-EP tank system, designed for transporting liquefied CO2. The innovative tank system, based on compressed natural gas principles, utilizes small-diameter … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Norway, Technology, Transportation & Logistics
Tagged Anders Lepsøe, carbon capture and storage, CCS, Classification society, CNG, compressed natural gas, decarbonization, DNV, GASA, General Approval for Ship Application, KNCC, Knut Ørbeck-Nilssen, Knutsen NYK Carbon Carriers, LCO2, LCO2-Eelevated Pressure, LCO2-EP, liquefied CO2, PCO2, Svein Steimler, Trygve Seglem
(IN BRIEF) Iberdrola and Trammo have signed a major agreement to advance the use of green ammonia in Europe. The agreement involves the purchase and sale of up to 100,000 tons of green ammonia per year, making it the largest … Read the full press release
(IN BRIEF) AstraZeneca and Quell Therapeutics have announced a collaboration to develop innovative treatments for Type 1 Diabetes and Inflammatory Bowel Disease. Quell’s T-regulatory cell engineering technology will be used to create potential curative therapies. AstraZeneca has the option to … Read the full press release
Posted in Business, Healthcare, Investment, Pharma & Biotech, United Kingdom
Tagged AstraZeneca, autoimmune disease, cell therapies, Foxp3 Phenotype Lock, Iain McGill, IBD, IND, inflammatory bowel disease, Investigational New Drug, Mene Pangalos, multi-modular Treg cell therapy, Quell, Quell Therapeutics, T-regulator, T-regulatory cell engineering, T1D, Treg, type 1 diabetes
(IN BRIEF) GRC, the leading producer of building materials in Georgia, has partnered with the European Union (EU) and the EBRD to expand its product portfolio by introducing rain gutter systems. The EU4Business-EBRD Credit Line supported GRC’s investment in modern … Read the full press release
Posted in Banks, Business, Construction, Financial, Industrial, Investment, United Kingdom
Tagged building materials, construction, EBRD, EU, EU4Business, EU4Business-EBRD credit line, European Union, GEORGIA, GRC, home improvement materials, Jaba Janelidze, ProCredit Bank, rain gutter systems, roofing
(IN BRIEF) EBRD, EU, and Elec’Recyclage have inaugurated a new industrial waste recycling facility in Tunisia. Elec’Recyclage Tunisie received a €1.1 million loan from EBRD and an €85,000 grant from the EU for the construction of the facility. The investment … Read the full press release
Posted in Banks, Business, Environment, Financial, Industrial, Management, Technology
Tagged EBRD, Elec’Recyclage, European Union, industrial waste, Jürgen Rigterink, Marcus Cornaro, recycling, Tunisia., waste recycling
(IN BRIEF) The European Investment Fund (EIF), with support from the InvestEU program, has committed €30 million as a cornerstone investor in the Azimut Diversified Corporate Credit ESG-8 fund. The fund, managed by Azimut Investments SA, aims to reach a … Read the full press release
Posted in Business, Environment, European Union, Financial, Investment, Italy, Luxembourg
Tagged Azimut Diversified Corporate Credit ESG-8 SCSp RAIF, Azimut Investments SA, EIF, Gelsomina Vigliotti, Giorgio Medda, InvestEU, Paolo Gentiloni, SFDR, Sustainable Finance Disclosure Regulation, The European Investment Fund, transparency
(IN BRIEF) The European Investment Fund (EIF) and SID Bank have signed a guarantee agreement worth €42 million to unlock €72 million in new loans for micro, small, and medium-sized enterprises (SMEs) in Slovenia. The agreement, backed by InvestEU, will … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and Grupo Cooperativo Cajamar have announced a partnership to provide €980 million in new financing to small and medium-sized enterprises (SMEs) and mid-caps in rural areas and green projects in Spain. The EIB … Read the full press release
Posted in Banks, Business, Environment, European Union, Financial, Investment, Luxembourg, Small Business, Spain
Tagged Cajamar, climate risk management, EIB, EIB Advisory in Spain, EU taxonomy, European Investment Bank, financing, Green Eligibility Checker, Green Gateway, Green Projects, Grupo Cajamar, InvestEU Advisory Centre, Luis Rodríguez, Luis Rodríguez González, Ricardo Mourinho Félix, SMEs, Spain, Sustainable Finance
(IN BRIEF) Telekom has partnered with security specialist Ivanti to provide companies with an enhanced cybersecurity solution. Ivanti’s advanced software automatically detects and addresses security vulnerabilities, allowing customers to save valuable time when applying patches. With the increasing number of … Read the full press release
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