(IN BRIEF) Allianz Trade, the world’s leading trade credit insurer, has released its Global Insolvency Report, predicting a +21% increase in global insolvencies in 2023 and a further +4% rise in 2024. The report warns that prolonged pressure on profitability, … Read the full press release
(NOTIZIA IN BREVE) Il Fondo europeo per gli investimenti (FEI) e Norrlandsfonden, un’agenzia pubblica svedese per gli investimenti, hanno firmato un accordo di garanzia sostenuto dal programma InvestEU dell’Unione europea per migliorare l’accesso ai finanziamenti per le PMI e le … Read the full press release
Posted in Business, European Union, Financial, Luxembourg, Small Business, Sweden, Technology
Tagged digitalizzazione, FEI, Fondo europeo per gli investimenti, Gävleborg, Innovazione, Jämtland, Marjut Falkstedt, Niklas Jonsson, Norrbotten, Norrlandsfonden, PMI, programma InvestEU, sostenibilità, Svezia settentrionale, Unione Europea, Västerbotten, Västernorrland
(IN BRIEF) The European Investment Fund (EIF) and Norrlandsfonden, a Swedish public investment agency, have signed a guarantee agreement supported by the European Union’s InvestEU programme to improve access to finance for SMEs and small mid-caps in Northern Sweden. Over … Read the full press release
Posted in Business, European Union, Financial, Luxembourg, Small Business, Sweden, Technology
Tagged digitalisation, EIF, European Union, Gävleborg, INNOVATION, InvestEU programme, Jämtland, Marjut Falkstedt, Niklas Jonsson, Norrbotten, Norrlandsfonden, Northern Sweden, SMEs, sustainability, The European Investment Fund, Västerbotten, Västernorrland
(IN BRIEF) Airbus Helicopters has signed a contract with Chinese helicopter lessor and operator GDAT during French President Macron’s visit to China for 50 H160 helicopters. This contract represents the largest single order for the H160 on the civil and … Read the full press release
Posted in Aviation & Aerospace, Business, France, Government, Industrial, Management, News, Transportation & Logistics
Tagged Airbus, Airbus Helicopters, Bruno Even, CHINA, GDAT, H160, partnership, Peter Jiang, President Macron
(IN BRIEF) The LEGO Group has announced the release of two new diorama building sets based on scenes from Star Wars: Return of the Jedi. The sets mark the 40th anniversary of the film’s original release and feature recognizable characters … Read the full press release
(IN BRIEF) FLSmidth, a global provider of sustainable technology, has secured a contract worth approximately DKK 350 million to supply efficient equipment to a gold mine. The equipment is expected to be among the most efficient in the world and … Read the full press release
Posted in Business, Construction, Denmark, Environment, Industrial, Infrastructure & Utilities, Metals and Minerals, News, Technology
Tagged Chris Reinbold, FLSmidth, gold mining, sustainable
(IN BRIEF) Crédit Agricole Leasing & Factoring has finalized its purchase of a 30% stake in Watèa, a company founded by Michelin, to accelerate low-carbon mobility in Europe. The partnership aims to support the transition to a low-carbon economy and … Read the full press release
(IN BRIEF) Enel Perú S.A.C., a subsidiary of Enel S.p.A., has signed an agreement to sell its entire equity stakes in Enel Distribución Perú S.A.A., a power distribution and supply company, and Enel X Perú S.A.C., a company that provides … Read the full press release
Posted in Art & Culture, Business, Energy, Gas & Oil, Industrial, Italy, Management, News
Tagged China Southern Power Grid, Enel, Enel Perú, Francesco Starace, Peruvian energy
(IN BRIEF) ANDRITZ, a global technology group, has been contracted by Winstone Pulp International Ltd. (WPI) to retrofit a twin wire press at their Karioi pulp mill in New Zealand. The retrofit involves replacing the machine’s carbon steel frame with … Read the full press release
Posted in Austria, Business, Industrial, Management, News, Technology
Tagged Andritz, New Zealand, pulp mill, retrofit twin wire press, Winstone Pulp International Ltd.
(IN BRIEF) KUKA, an international technology group, is celebrating its 125th anniversary. The company was founded in 1898 as an acetylene gas plant for street lighting, and has since reinvented itself multiple times. KUKA made history 50 years ago as … Read the full press release
Posted in Business, Electronics & Machinery, Germany, Industrial, Management, News, Technology
Tagged 125 Years, Augsburg, automation, KUKA, Peter Mohnen, robotics, Timo Boll
(IN BRIEF) Azerbaijan Airlines has ordered 12 A320neo Family aircraft, including A320neo and A321neo, as part of its fleet renewal strategy to operate the most modern and fuel-efficient aircraft, increase operational efficiency and competitiveness, and offer passengers excellent comfort throughout … Read the full press release
Posted in Aviation & Aerospace, Business, France, Industrial, Management, News
Tagged A320neo, A321neo, Airbus, aircraft, Azerbaijan Airlines, Baku, Christian Scherer, Samir Rzayev
(IN BRIEF) Airbus signed several cooperation agreements with Chinese aviation industry partners during a French state visit to China. The agreements include expanding A320 Family final assembly capacity at Airbus’ Tianjin site and signing General Terms of Agreement (GTA) with … Read the full press release
(IN BRIEF) BAE Systems has awarded 13 suppliers for their top performance in on-time delivery and quality standards at its sixth annual Partner 2 Win Supplier of the Year awards ceremony in Austin, Texas. The Partner 2 Win program is … Read the full press release
Posted in Automotive, Aviation & Aerospace, Awards, Business, Defence, Management, Media, News, Security & Safety, United Kingdom
Tagged Austin, Awards, BAE Systems, Best Suppliers, Ceremony, Partner 2 Win Awards, Terry Crimmins, Texas
(IN BRIEF) Eni, in collaboration with PetroCi, has celebrated the sail away of FPSO Firenze to the Baleine field offshore Côte d’Ivoire. The FPSO Firenze has been refurbished and upgraded to allow it to handle up to 15,000 bbl/d of … Read the full press release
Posted in Business, Energy, Gas & Oil, Infrastructure & Utilities, Italy, Management, News
Tagged Cote d’Ivoire, Dubai, Eni, FPSO Firenze, hydrocarbon, Mamadou Sangafowa-Coulibaly, partnership, PetroCi
(IN BRIEF) Bosch BASF Smart Farming has partnered with AGCO Corporation to integrate and commercialize Smart Spraying technology on Fendt Rogator sprayers. The Smart Spraying Solution will allow targeted spraying during day and nighttime conditions, while delivering optimal herbicide savings … Read the full press release
(IN BRIEF) Zurich Insurance Group’s shareholders have confirmed Michel M. Liès as Chairman of the Board of Directors at the Annual General Meeting. All the other current Board members have also been elected. The Board comprises 12 members, with equal … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, News, Switzerland
Tagged appointment, Barry Stowe, board, Catherine Bessant, Christoph Franz, Dame Alison Carnwath, Joan Amble, Kishore Mahbubani, leadership, Mario Greco, Michael Halbherr, Michel M. Liès, Monica Mächler, Peter Maurer Jasmin Staiblin, re-election, Sabine Keller-Busse, Zurich Insurance Group
(IN BRIEF) APM Terminals Mumbai, also known as GTI, has been named the top performing terminal in India for the 64th consecutive month in the January 2023 ranking published by NICDC Logistics Data Services. The terminal has maintained its position … Read the full press release
Posted in Awards, Business, Industrial, Management, Netherlands, News, Transportation & Logistics
Tagged APM Terminals, Awards, GTI, INDIA, Keith Svendsen, Mumbai, Sunay Mukherjee, terminal, top-performing
(IN BRIEF) Lotus Teknik Tekstil A.Ş., based in Turkey, has started up a line to produce biodegradable, plastic-free wet wipes using a state-of-the-art neXline wetlace CP line from international technology group ANDRITZ. The line combines the benefits of wetlaid and … Read the full press release
Posted in Austria, Business, Industrial, Management, News, Technology
Tagged Andritz, Ceyhun Zincirkiran, Lotus Teknik Tekstil, Newipe®, neXline wetlace, spunlace, sustainable, wet wipes, wetlaid
(IN BRIEF) The UK’s Financial Conduct Authority (FCA) and Advertising Standards Authority (ASA) have partnered with influencer Sharon Gaffka to educate “fin-fluencers” on the risks associated with promoting financial products. The FCA and ASA plan to engage with influencers and … Read the full press release
Posted in Business, Education, Financial, Marketing, Media, News, United Kingdom
Tagged "fin-fluencers", ASA, FCA, financial products, Miles Lockwood, partnersip, Sarah Pritchard, Sharon Gaffka
(IN BRIEF) GreenIT, the Italian joint venture between Plenitude (Eni) and CDP Equity (CDP Group), which produces electricity from renewable sources, has approved a new business plan for 2023-2027. The plan includes a total investment of €1.7 billion ($2 billion) … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Investment, Management, News, Technology
Tagged CDP Equity, decarbonisation, electricity, Eni, Esedra Chiacchella, Francesco Mele, GreenIT, Italy, Paolo Bellucci, Plenitude, Stefano Goberti
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