(IN BRIEF) The adoption of Connected Vehicle technology in road work areas has the potential to significantly improve safety for both road workers and drivers. Real-time warning messages transmitted to in-vehicle displays help increase driver awareness and reduce reaction times, … Read the full press release
(IN BRIEF) Saint-Gobain North America has announced plans to invest $235 million in its CertainTeed gypsum manufacturing facility in Palatka, Florida. The investment will focus on expanding and modernizing the facility, increasing its production capacity and improving energy consumption. The … Read the full press release
Posted in Business, Construction, Financial, France, Infrastructure & Utilities, Investment, Management, News
Tagged expansion, gypsum, INVEST, modernization, North America, Palatka Facility, renovation, Saint-Gobain
(IN BRIEF) DNV, along with other organizations, is renewing its partnership to address the challenges of data and information standardization in the energy sector. The lack of a common digital language and standardization leads to inefficiencies, waste, and safety risks. … Read the full press release
(IN BRIEF) Arkema, the naming rights holder of D1 Arkema, has become a partner of the French national Women’s Football Team for the next two seasons, solidifying its commitment to women’s football and the development of the women’s game. This … Read the full press release
(IN BRIEF) bp ventures, the investment arm of bp, has committed $10 million as the lead investor in the Series B funding round of WasteFuel, a California-based biofuels company. WasteFuel specializes in converting bio-based municipal and agricultural waste into lower … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Investment, Management, News, United Kingdom
Tagged Alejandro Estrada, bioenergy, biofuels, BP, BP Ventures, Gareth Burns, investment, Philipp Schoelzel, Trevor Neilson, WasteFuel
(IN BRIEF) The WEC racing series enters its second half of the season with the 6 Hours of Monza, where Porsche and Cadillac factory teams will compete using the new LMDh hybrid system in the hypercar category. Bosch, the official … Read the full press release
Posted in Automotive, Business, Germany, Management, News, Technology
Tagged Bosch, Cadillac, hypercar, Ingo Mauel, LMDh Hybrid System, Porsche, WEC Racing
(IN BRIEF) A study by Barclays and Ipsos has identified misconceptions as a key factor preventing homeowners from making energy efficiency retrofitting upgrades to their homes. The research highlights that homeowners overestimate the cost of common energy efficiency modifications and … Read the full press release
Posted in Banks, Business, Financial, Management, News, Real Estate, United Kingdom
Tagged Barclays, Energy Efficiency Retrofits, Homeowners, Ipsos, Matt Hammerstein, Misconceptions
(IN BRIEF) Zurich Insurance Group has announced a strategic partnership with Qover, a Belgium-based insurtech, through Zurich Global Ventures. As part of the collaboration, Zurich is joining Qover’s Series C funding round. Qover, founded in 2016, offers a technology-enabled distribution … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, News, Switzerland
Tagged innovative, insurance, Jack Howell, partnership, Qover, Quentin Colmant, Zurich Global Ventures, Zurich Insurance Group
(IN BRIEF) Berlin-based start-up GovMarket has migrated to the Sovereign Cloud, a joint platform by T-Systems and Google Cloud, becoming their newest customer. GovMarket, a marketplace offering digital solutions for the public sector, prioritizes strict adherence to data protection regulations. … Read the full press release
Posted in Business, Germany, Internet & Online, Management, News, Technology, Telecom
Tagged Adel Al-Saleh, Deutsche Telekom, digital solutions, ENIO, Google Cloud, GovMarket, Jana Janze, Lengoo, MindDoc, partnership, Sovereign Cloud, T-Systems
(IN BRIEF) BAE Systems has secured a $37 million contract from the U.S. Department of Defense Ordnance Technology Consortium (DOTC) to design the Next Generation Evolved SeaSparrow Missile Launch System (NGELS). The company will collaborate with the NATO SeaSparrow Program … Read the full press release
(IN BRIEF) Siemens, a global technology company, has teamed up with PRODEA Investments, a leading real estate investment company in Greece and Southeast Europe, to implement Building X, a digital building platform. The partnership aims to accelerate PRODEA Investments’ digital … Read the full press release
(IN BRIEF) Crédit Agricole has signed a distribution agreement with Coface to offer credit insurance products to its corporate clients engaged in international trade. The economic slowdown and inflation of the past year have impacted payment behavior, particularly affecting small … Read the full press release
Posted in Banks, Business, Economy, Financial, France, International Trade, Management, News, Small Business
Tagged Carine Pichon, Claire-Lise Hurlot, COFACE, corporate clients, Credit Agricole, inflation, partnership, SME
(IN BRIEF) Allianz has introduced two new initiatives aimed at helping women overcome financial barriers in pursuing professional football careers. A survey by Allianz revealed that 64% of women are prevented from pursuing their passion due to financial obstacles. To … Read the full press release
Posted in Business, Financial, Germany, Insurance, Management, News, Society, Sports
Tagged Alessandra Jovy-Heuser, Allianz, Financial Obstacles, Professional Football, Squared Ball campaign, WOMEN
(IN BRIEF) Logicor, a prominent logistics real estate company in Europe, has leased approximately 40,000 sqm of space to a leading European provider of toys and children’s entertainment at Logicor Houplines Logistics Park in France. The site will undergo redevelopment … Read the full press release
Posted in Business, Management, News, Real Estate, United Kingdom
Tagged France, Laurent Dubos, Logicor, Logicor Houplines Logistics Park
(IN BRIEF) The European Investment Fund (EIF) has provided a guarantee worth €110 million to the BPER Banca Group, comprising BPER Banca and Banco di Sardegna, with the assistance of Banca Finint. This agreement aims to boost investments by small … Read the full press release
Posted in Banks, Business, Economy, Financial, Investment, Italy, Management, News, Small Business
Tagged Alessandro Tappi, Banco di Sardegna, BPER Banca, digitalization, European Investment Fund, Giuseppe Cuccurese, INNOVATION, Paolo Gentiloni, partnership, SME, Stefano Vittorio Kuhn, sustainability, sustainable investments
(IN BRIEF) Borealis has successfully completed the sale of its nitrogen business to AGROFERT, a Czech-based group active in various industries including chemicals and agriculture. The transaction, valued at EUR 810 million, allows AGROFERT to expand its European presence in … Read the full press release
Posted in Agriculture, Austria, Business, Chemicals, Industrial, Management, News
Tagged acquisition, AGROFERT, Borealis, fertilizer, nitrogen, Thomas Gangl
(IN BRIEF) Renewable fuel company Neste has formed a partnership with Biofuel Express to expand the distribution of Neste MY Renewable Diesel™ in Denmark. Biofuel Express will be responsible for distributing and selling the renewable diesel fuel, while Neste will … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Management, Marketing, News, Retail
Tagged Biofuel Express, Christian Pettersson, Denmark, Martin Sebastian Agdal, Neste, Neste MY Renewable Diesel, partnership
(IN BRIEF) Real estate advisor Savills has completed an £18m land sale on behalf of a private landowner, paving the way for the potential construction of 600 new homes on the outskirts of Ipswich, Suffolk. The 82-acre site, situated across … Read the full press release
Posted in Business, Construction, Management, News, Real Estate, United Kingdom
Tagged Andy Redman, Ipswich, Savills, Suffolk
(IN BRIEF) Swedish pulp and paper company Rottneros has entered into a long-term Power Purchase Agreement (PPA) with EnBW Energie Baden-Württemberg AG, the third-largest energy group in Germany. Under the agreement, EnBW will supply Rottneros with over 30 GWh of … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Management, News
Tagged Carl Johannessen, EnBW, partnership, renewable energy, Rottneros, sustainability
(IN BRIEF) Natixis Corporate & Investment Banking (Natixis CIB) has announced the appointment of Anurag Poddar as the Head of Financial Sponsors Group, Asia Pacific. Anurag, with over 20 years of experience, will be based in Singapore and report to … Read the full press release
Posted in Banks, Business, Financial, France, Management, News
Tagged Anurag Poddar, appointment, Asia Pacific, Aurelien Lasjunies, Groupe BPCE, Head of Financial Sponsors Group, Natixis CIB, Sanjeev Kumar
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