(IN BRIEF) DHL Group has agreed to acquire 100% of Turkish parcel delivery company MNG Kargo Yurtiçi ve Yurtdışı Taşımacılık A.Ş. (MNG Kargo) and its subsidiaries, aiming to strengthen its position in the rapidly growing Turkish parcel and e-commerce market. … Read the full press release
Posted in Business, Germany, Industrial, Internet & Online, Management, News, Technology, Transportation & Logistics, Turkey
Tagged acquisition, DHL Group, E-Commerce, MNG Kargo, Pablo Ciano, partnership, Tobias Meyer, Turkey
(IN BRIEF) The European Investment Fund (EIF) has signed a portfolio guarantee with SG Equipment Finance to support up to €25 million in new lending for innovative SMEs and small Mid-Caps in Czechia and Slovakia. The financing, backed by the … Read the full press release
Posted in Business, Financial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged CZECH, digital transition, EIF, InvestEU, investment, Marjut Falkstedt, partnership, Petr Němec, SG Equipment Finance, SLOVAK, small Mid-Caps, SMEs
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has appointed Catarina Bjorlin Hansen as the new Head of Moldova, effective from 1st September 2023. In her new role, Ms. Bjorlin Hansen will lead the EBRD’s operations in Moldova, … Read the full press release
Posted in Banks, Business, European Union, Investment, Management, News, United Kingdom
Tagged Angela Sax, appointment, Catarina Bjorlin Hansen, EBRD, EU Ties, Head of Moldova, investment, leadership
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has financed the rehabilitation of the 55-km Ciumai-Vulcanesti road section in Moldova. The road is an essential part of the strategic M3 Chișinău-Giurgiulești road, connecting Trans-European Network corridors and providing … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has approved a €575 million loan to support Repsol’s renewable energy projects in Spain, which will include wind and solar photovoltaic plants with a total capacity of 1.1 GW. The loan, signed in … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged EIB, Josu Jon Imaz, partnership, renewable energy projects, Repsol, Ricardo Mourinho Félix, Spain, sustainability
(IN BRIEF) Eni, a global energy company, announces the successful acquisition of Chevron interests in the Indonesian Blocks Ganal PSC, Rapak PSC, and Makassar Straits PSC, located in the Kutei Basin, offshore East Kalimantan. Eni already held a 20% interest … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy
Tagged acquisition, Chevron, East Kalimantan, energy transition, Eni, Ganal PSC, Gandang gas project, Gendalo, IDD, Indonesia, Indonesia Deepwater Development, Indonesian Blocks, Jangkrik FPU, Kutei Basin, Makassar Straits PSC, Neptune Energy, Rapak PSC
(IN BRIEF) Shell plc’s subsidiary, Shell Upstream Overseas Services (I) Limited (“SUOS”), has agreed to sell its 35% participating interest in Indonesia’s Masela Production Sharing Contract (“Masela PSC”) to PT Pertamina Hulu Energi (“PHE”) and PETRONAS Masela Sdn. Bhd (“PETRONAS … Read the full press release
(IN BRIEF) During the General Shareholders’ Meeting, Repsol’s Chairman, Antonio Brufau, highlighted the company’s commitment to the energy transition and its potential for an “enormous opportunity.” Repsol aims to transform its business with a focus on human, technological, and industrial … Read the full press release
Posted in Business, Energy, Gas & Oil, Spain
Tagged Antonio Brufau, Aránzazu Estefanía, China and Russia, dividend distribution, energy transition, European Energy Transition, Henri Philippe Reichstul, John Robinson West, Josu Jon Imaz, María Teresa García-Milá, Overdependence, Repsol, shareholder remuneration
(IN BRIEF) Lausitz Energie Kraftwerke AG (LEAG), the largest private energy company in eastern Germany, has submitted a permit application for the construction of an innovative Power-to-X plant in Jänschwalde, Lusatia. The plant will store and re-electrify excess renewable energy … Read the full press release
(IN BRIEF) Skanska has secured a contract with Lehigh University to redevelop the Clayton University Center on its campus in Pennsylvania, USA, at a cost of USD 70 million (SEK 730 million). The renovation project involves upgrading various utilities, installing … Read the full press release
Posted in Business, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Clayton University Center, Lehigh University, partnership, Skanska
(IN BRIEF) Roche and Alnylam have entered into a partnership to jointly develop and commercialize zilebesiran, an investigational RNAi therapeutic for the treatment of hypertension. Hypertension affects a significant number of adults worldwide and is a major risk factor for … Read the full press release
Posted in Business, Healthcare, Industrial, Management, News, Pharma & Biotech, Science, Switzerland
Tagged Alnylam, Hypertension Treatment, partnership, RNAi Therapy, Roche, Teresa Graham, Yvonne Greenstreet MBChB, zilebesiran
(IN BRIEF) Schneider Electric has announced the opening of applications for the second installment of the Schneider Electric Sustainability Impact Awards. Launched in 2022, these awards recognize the contributions of Schneider’s partner ecosystem in promoting sustainability and digital transformation in … Read the full press release
(IN BRIEF) Ørsted, a leading renewable energy company, has signed an agreement to sell its remaining 25% minority interest in the London Array Offshore Wind Farm in the UK to funds managed by Schroders Greencoat, a specialist asset manager in … Read the full press release
(IN BRIEF) Terna, an Italian company specializing in electricity transmission, is investing more than €19 million in a project to create a new underground cable and overhead power lines in the province of Frosinone. The project, authorized by the Italian … Read the full press release
(IN BRIEF) Lightsource bp has released its 2022 Sustainability Report, detailing the company’s sustainability strategy, progress, and achievements. The report highlights the development of 3GW of solar projects, efforts to achieve biodiversity net gain, updated greenhouse gas emission inventories, and … Read the full press release
(IN BRIEF) Amey Consulting, a prominent UK engineering consultancy, has launched the “ReStart” program to support qualified STEM professionals in re-entering the workforce. The 12-week paid placement opportunity is designed for individuals seeking to restart their careers or transition their … Read the full press release
Posted in Business, Construction, Education, Industrial, Infrastructure & Utilities, Management, News, United Kingdom
Tagged 'ReStart' Program, Amey, Laura Simarro, STEM Professionals, workforce
(IN BRIEF) Vodafone Group Plc has appointed Luka Mucic as the Chief Financial Officer and an Executive Director of Vodafone, effective from 1 September 2023. Luka Mucic’s appointment comes at a crucial time as Vodafone undergoes a transformation, and he … Read the full press release
Posted in Business, Industrial, Management, News, Telecom, United Kingdom
Tagged appointment, Executive Director, Jean-François van Boxmeer, leadership, Luka Mucic, Margherita Della Valle, vodafone
(IN BRIEF) Bentley, as part of its new Advancing Life Chances (ALC) strategy, has launched a community investment programme to support charities and good causes across the UK. Through the Small Grants Programme, Bentley has already donated over 150 grants … Read the full press release
Posted in Automotive, Business, Financial, Management, News, Non Profit, United Kingdom
Tagged Advancing Life Chances, Bentley, investments, Sally Hepton, UK Charities
(IN BRIEF) BASF’s high-performance thermoplastic, Ultrason® P 3010, is being used by milkrite | InterPuls, a leading dairy equipment company, to manufacture durable milk meter sensors. These sensors are used for reliable and accurate milk quality control in the milking … Read the full press release
(IN BRIEF) T-Systems has partnered with IQM Quantum Computers to offer its enterprise customers cloud access to IQM’s quantum systems. This expansion to a “multicloud” quantum landscape allows T-Systems customers to develop and train on IQM’s quantum infrastructure, potentially solving … Read the full press release
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