(IN BRIEF) Czech car manufacturer Škoda Auto has released silhouette images of the new-generation Superb hatchback and Combi estate versions and its top SUV, the Kodiaq, which will be unveiled separately in autumn 2023. The new vehicles will offer modern, … Read the full press release
Posted in Automotive, Business, Czech Republic, Industrial, Management, News, Technology
Tagged Klaus Zellmer, Kodiaq Models, ŠKODA AUTO
(IN BRIEF) Deutsche Bank has agreed on the terms of an all-cash offer to acquire Numis Corporation Plc, a UK-based corporate broking and advisory house. The acquisition will allow Deutsche Bank to become a leading provider to more than 170 … Read the full press release
(IN BRIEF) Versalis, Eni’s chemical company and shareholder of Novamont, has signed an agreement to acquire the remaining 64% of Novamont’s shares held by Mater-Bi. Novamont is a leading international company in the field of chemistry from renewable sources, and … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Italy
Tagged acquisition, Adriano Alfani, biochemicals, Bioplastics, Catia Bastioli, Eni, Investitori Associati II, Marco Cerrina, Mater-Bi, NB Renaissance, Novamont, Versalis
(IN BRIEF) Skanska has announced the appointment of Katy Dowding as the new Business Unit President for Skanska UK, taking up her position from May 2, 2023. Dowding has been with the company for over 20 years, holding a variety … Read the full press release
Posted in Business, Construction, Industrial, Management, News, Sweden
Tagged Anders Danielsson, appointment, Gregor Craig, Katy Dowding, leadership, President, retirement, Skanska, UK
(IN BRIEF) Ericsson has announced a collaboration agreement with AMD, aimed at boosting its Open RAN and Cloud RAN ecosystem commitment. The partnership seeks to enhance the performance of Cloud RAN and offer high-capacity solutions to communications service providers (CSPs). … Read the full press release
Posted in Business, Industrial, Management, News, Sweden, Technology, Telecom
Tagged 5G connectivity, AMD, Cloud RAN, ecosystem, Ericsson, Freddie Södergren, Kumaran Siva, Open RAN, partnership
(IN BRIEF) Ericsson, a leading telecommunications equipment and service provider, has announced a collaboration with Dell Technologies to expand the ecosystem of Open RAN and Cloud RAN infrastructures. The collaboration involves Dell serving as a supplier of Dell PowerEdge servers … Read the full press release
Posted in Business, Management, News, Sweden, Technology, Telecom
Tagged Cloud RAN, Dell, ecosystem, Ericsson, Freddie Södergren, Kyle Dufresne, Open RAN, partnership
(IN BRIEF) International technology group ANDRITZ has announced significant growth in revenue and operating result, both of which increased by over 20% in the first quarter of 2023 compared to the same period the previous year. The company also reported … Read the full press release
Posted in Austria, Business, Economy, Financial, Industrial, Management, News, Technology
Tagged Andritz, Dr. Joachim Schönbeck, economic, Financial, Norbert Nettesheim
(IN BRIEF) AVANGRID, a sustainable energy company, has achieved commercial operation at the 162 MWac Pachwáywit Fields solar farm in Gilliam County, Oregon, becoming the state’s largest photovoltaic plant. The facility will deliver renewable energy to large customers and municipalities … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Spain
Tagged AVANGRID, Brett Greene, clean energy, Iberdrola, Oregon, Pachwáywit Fields, Pat W. Shannon, Pedro Azagra, solar farm
(IN BRIEF) INEOS Olefins & Polymer Europe has signed a deal with Skagerak Energitjenester to supply renewable energy to its Rafnes and Bamble plants in Norway. The plants will be provided with 100% green power generated from hydroelectric production, reducing … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) has signed a guarantee agreement with microStart, a microfinance institution in Belgium, to provide at least €30 million of financing for microenterprises in the country. The deal, supported by the EU’s InvestEU program, … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) has provided a €5 million loan to Patria Bank, a Romanian lender that specializes in financing small and microentrepreneurs with limited access to finance. The Tier II subordinated loan transaction, supported by InvestEU, … Read the full press release
(IN BRIEF) SEB, a leading Swedish bank, has been ranked as the eighth most valuable brand in Sweden by Kantar, a global data analytics and brand consulting company. The ranking is based on a global survey of 20,100 brands in … Read the full press release
Posted in Awards, Banks, Business, Industrial, Management, News, Sweden
Tagged Award, Kantar, SEB, Sweden, Ulrika Areskog Lilja, valuable brands
(IN BRIEF) Arkema, a French specialty chemicals company, has launched its new online platform called Easy3D, which allows users to select and order 3D printing materials online from trusted suppliers. With the help of a proprietary algorithmic selection tool, the … Read the full press release
Posted in Business, Chemicals, France, Industrial, Management, News, Technology
Tagged 3D Printing Materials, Adrien Lapeyre, Arkema, Bas DE JONG, Easy3D
(IN BRIEF) Arkema, a global innovation leader in Kynar® PVDF electrode binders and separator coatings, has launched its sustainable waterborne acrylic solutions called the Incellion™ range. This new technology offers advanced acrylic-based binders, dispersants, and rheology additives that will allow … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Industrial, News, Technology
Tagged Arkema, battery cells, ERWOAN PEZRON, Kynar®, RICHARD JENKINS
(IN BRIEF) Michelin, the French tire company, has announced its entry into the Web3 space with the launch of the Michelin 3xplorer Club, which is centered around an exclusive 5,000-piece NFT collection. The community will be open to all, and … Read the full press release
Posted in Automotive, Business, France, Industrial, Management, News, Technology
Tagged Jean-François Laforge, Michelin, NFT, WEB3
(IN BRIEF) Víctor Manuel Sánchez has been appointed as general counsel and Director of Legal Affairs and Governance for SEAT Group companies in Spain. He will be reporting to the CEO of SEAT S.A. and succeeding Thomas Meiers and Marco … Read the full press release
Posted in Automotive, Business, Industrial, Management, News, Spain
Tagged appointment, Cuatrecasas, director, General Counsel, leadership, Legal Affairs and Governance, Marco Cortinovis, SEAT Group, Thomas Meiers, Wayne Griffiths
(IN BRIEF) DHL Global Forwarding and Turkish Cargo, the air cargo brand of Turkish Airlines, have signed a Memorandum of Understanding (MoU) to improve each other’s operational efficiency and enhance Istanbul’s potential as a logistics hub. Under the MoU, DHL … Read the full press release
(IN BRIEF) Chemical company BASF reported a decline in sales for Q1 2023 of €20bn, down €3.1bn compared to the prior year quarter, due to lower demand in almost all segments. However, the Agricultural Solutions segment recorded a significant increase … Read the full press release
Posted in Agriculture, Automotive, Business, Chemicals, Financial, Germany, Management, News
Tagged agricultural solutions, automotive, BASF, Dr. Martin Brudermüller, sales
(IN BRIEF) Bosch BASF Smart Farming, a joint venture between Bosch and BASF Digital Farming, announced its new brand name as ONE SMART SPRAY. The new brand name also applies to its product, previously known as the Smart Spraying Solution, … Read the full press release
(IN BRIEF) Leadec achieved record sales of €1.129 billion in fiscal year 2022, with 90% of orders from existing customers extended and core business strengthened with new services related to electric mobility, sustainability, and smart factory. Leadec’s total output increased … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Management, News, Technology
Tagged electric mobility, Leadec, Markus Glaser-Gallion, sustainability
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