(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) have acquired equity stakes in Bank of Palestine to support its capital base amid the challenging economic conditions in the region. The investment will … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, Small Business, United Kingdom
Tagged Bank of Palestine, EBRD, economy, Francis Malige, Hashim Shawa, IFC, investment, Palestine, partnership, SMEs, sustainablity
(IN BRIEF) Bergen Engines has been contracted to supply a hybrid propulsion engine for Havbryn AS’s new stern trawler, highlighting advancements in maritime sustainability. The vessel, set for delivery in 2026, will feature state-of-the-art technology to reduce fuel consumption and … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, News, Norway, Technology, Transportation & Logistics
Tagged Bergen Engines, Havbryn AS, Hybrid Stern Trawler, maritime, partnership, sustainablity
(IN BRIEF) CMA CGM AIR CARGO has launched its first transpacific service, connecting Hong Kong to Chicago, following the delivery of a new Boeing 777-200F on August 18, 2024. This marks a significant step in the company’s global expansion strategy, … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, France, Government, Industrial, Investment, Management, News, Transportation & Logistics, Travel
Tagged Boeing 777-200F, Chicago, CMA CGM AIR CARGO, Hong Kong, partnership, sustainablity, travel
(IN BRIEF) In Switzerland, as the number of bank branches, post offices, and ATMs has significantly decreased in recent years. The collaboration aims to develop new, efficient, and sustainable approaches to ensure long-term access to cash for Swiss citizens. A … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ATM Pooling, cash, Diebold Nixdorf, innovative, partnership, SIX, sustainablity, Switzerland, USA
(IN BRIEF) The 2024 Italian Grand Prix at Monza will feature unique trophies named “VROOOM,” designed by artist Andrea Sala to symbolize speed and power. These trophies, made from Valchromat and chromed aluminum, are part of Pirelli’s ongoing collaboration with … Read the full press release
Posted in Art & Culture, Automotive, Business, Environment, Financial, Industrial, Investment, Italy, Management, Media, News, Technology
Tagged 'VROOOM' Trophies, 2024 Italian Grand Prix, Andrea Sala, art, Monza, partnership, Pirelli, Pirelli HangarBicocca, speed, sustainablity
(IN BRIEF) SGS has been approved by SIX Swiss Exchange as one of only two sustainability experts to act as official reviewers for the new ‘1.5°C Climate Equity’ flag. This flag allows Swiss-listed companies to demonstrate their commitment to limiting … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, International Trade, Investment, Management, News, Switzerland
Tagged Climate Equity Flag, Efforts, Géraldine Picaud, partnership, SGS, SIX Swiss Exchange, sustainability
(IN BRIEF) The HYBRIT initiative, a collaboration between SSAB, LKAB, and Vattenfall, has reported successful results from six years of research aimed at creating fossil-free iron and steel production. The project has demonstrated that using fossil-free hydrogen and electricity to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden
Tagged and Vattenfall, Andreas Regnell, fossil-free, HYBRIT, industrialization, Klara Helstad, LKAB, partnership, SSAB, steel production, sustainability, Ulf Spolander
(IN BRIEF) GRAHAM has secured external verification of its greenhouse gas (GHG) emissions data for the fourth consecutive year through the Achilles Carbon Reduce scheme, in line with ISO 14064-1:2018 standards. This verified data underpins the company’s net zero strategy, … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Management, News, United Kingdom
Tagged GRAHAM, sustainability, Verified Emissions Data
(IN BRIEF) Rheinmetall has won a significant contract to produce exhaust gas recirculation (EGR) valves for a major car manufacturer, valued in the low three-digit million euro range. The contract will run from January 2026 to December 2031, with Rheinmetall … Read the full press release
(IN BRIEF) The Mobility House has restructured into four specialized business units—The Mobility House Energy, Solutions, Charging, and North America—to better serve the evolving energy and mobility markets. This reorganization aims to enhance flexibility and support the company’s goal of … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, News, Switzerland, Technology, Transportation & Logistics, United Kingdom
Tagged appointment, Daniel Heydenreich, Dr. Herbert Diess, Dr. Raphael Hollinger, England, France, Germany, Gregor Hintler, Heiko Bayer, INNOVATION, leadership, The Mobility House, The Mobility House Charging, The Mobility House Energy, The Mobility House North America, The Mobility House Solutions, Thomas Raffeiner, zero-emission
(IN BRIEF) Kapsch TrafficCom is enhancing sustainability with its TRP-4010 On-Board Unit (OBU) for toll collection, which has the smallest carbon footprint in its category. The company has introduced a refurbishment program that extends the lifecycle of these units, reducing … Read the full press release
(IN BRIEF) Euronext and Nord Pool have announced the launch of a new Nordic and Baltic power derivatives market, named Euronext Nord Pool Power Futures. The market will be hosted on Euronext’s Optiq® trading platform and cleared by Euronext Clearing. … Read the full press release
Posted in Belgium, Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Iceland, Industrial, Infrastructure & Utilities, International Trade, Investment, Italy, Management, Netherlands, News, Norway, Portugal
Tagged Baltic Camille Beudin, Euronext, Nord Pool, Nordic, partnership, Power Market, sustainability, Tom Darell
(IN BRIEF) GIGA Storage and TenneT have signed the first-ever time-based grid connection contract, allowing GIGA Storage’s 300 MW battery project, GIGA Leopard, to efficiently connect to the electricity grid in Delfzijl, Netherlands. This innovative contract, part of a national … Read the full press release
(IN BRIEF) A DNV survey reveals that nearly half of senior energy professionals plan to integrate AI-driven applications into their operations within the next year. The survey also highlights a growing divide between “Digital Leaders,” who are excelling in digitalization … Read the full press release
(IN BRIEF) Empa has appointed Matthias Sulzer as the new Head of the Engineering Sciences Department, effective January 1, 2025. Sulzer, an expert in energy and building technology, will succeed Peter Richner, who will retire in March 2025. Sulzer will … Read the full press release
Posted in Business, Environment, Industrial, Management, News, Science, Switzerland, Technology
Tagged appointment, Empa, Head of Engineering Sciences Department, leadership, Matthias Sulzer, Peter Richner
(IN BRIEF) CIMIC Group has secured two significant contracts: one in Australia to build the second phase of the Western Downs Battery in Queensland for Neoen, featuring a 270 MW / 540 MWh Battery Energy Storage System, and another in … Read the full press release
(IN BRIEF) Schaeffler will showcase its latest rail transportation technologies at InnoTrans 2024 in Berlin, focusing on enhancing reliability, sustainability, and availability in rail systems. Highlights include the TAROL axlebox bearings, which are known for their durability and low maintenance … Read the full press release
(IN BRIEF) Arkema has received ISCC PLUS certification for its Nansha production site in China, allowing the company to launch a new range of bio-attributed UV/LED/EB curable resins for the Asian market. This certification supports Arkema’s commitment to sustainability and … Read the full press release
Posted in Awards, Business, Chemicals, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology
Tagged Arkema, ASIA, Awards, CHINA, ISCC PLUS certification, partnership, safety, Specialty Resins Facility, sustainability, Terry Lin
(IN BRIEF) Wood is advancing three major carbon capture and storage (CCS) projects on the Norwegian Continental Shelf, capable of storing up to 21 million tonnes of CO2 annually—nearly half of Norway’s 2023 CO2 emissions. The company has completed essential … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology, United Kingdom
Tagged Azad Hessamodini, carbon capture and storage (CCS) project, Continental Shelf, Havstjernet, Luna, Norway, sustainability, Trudvang, Wood
(IN BRIEF) MOL Group has updated its long-term strategy, “SHAPE TOMORROW,” aiming for carbon neutrality by 2050. The plan includes over $4 billion in green investments by 2030, focusing on renewable energy, efficiency improvements, and waste management. The company also … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Hungary, Industrial, Investment, Management, News
Tagged MOL Group, sustainability, Zsolt Hernádi
(IN BRIEF) Stora Enso has initiated immediate actions following an environmental violation at one of its harvesting sites in Kainuu, Finland. The company has suspended all harvesting in sensitive areas until operational guidelines and risks are reassessed. Additionally, Stora Enso … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Law, Management, News
Tagged Environmental Violation, Finland, Hans Sohlström, Stora Enso, sustainability
(IN BRIEF) Researchers from ETH Zurich and The Chinese University of Hong Kong have successfully performed the first remote-controlled magnetic endoscopy on a live pig, with the procedure being operated from Zurich while the animal was in Hong Kong. This … Read the full press release
(IN BRIEF) The Italian railway operator SSIF has ordered additional narrow-gauge trains from Stadler, bringing the total to four as part of a framework agreement supported by €35.7 million in European funding. These new trains will operate on the Domodossola-Locarno … Read the full press release
Posted in Business, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged Daniele Corti, Dr. Ansgar Brockmeyer, EU, Italy, Matteo Corti, partnership, SSIF, Stadler, sustainability, trains
(IN BRIEF) Henkel Adhesive Technologies will showcase its sustainable pressure-sensitive adhesives at LabelExpo 2024 in Chicago. These adhesives, certified by the Tag and Label Manufacturers Institute (TLMI) as compatible with post-consumer recycling processes, highlight Henkel’s commitment to advancing sustainability in … Read the full press release
(IN BRIEF) TOBEA and Siemens have partnered to create the SEATRAC system, an innovative solution that allows people with disabilities to independently access and enjoy the beach. The system, now installed on over 250 beaches worldwide, uses Siemens’ advanced technology … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Greece, Industrial, Investment, Management, News, Society, Technology
Tagged Beach Accessibility, Gerhard Gleitsmann, Ignatios Fotiou, Inclusion, partnership, people with disabilities, SEATRAC System, Siemens, sustainability, TOBEA, wellbeing
(IN BRIEF) The European Investment Bank (EIB) has committed €150 million to support the Keliber lithium project in Finland, operated by Sibanye-Stillwater. This investment is part of a €500 million package aimed at establishing the EU’s first integrated battery-grade lithium … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Finland, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News, Technology, Transportation & Logistics
Tagged EIB, electric vehicles, EU, Finland, Keliber Project, Lithium Supply, partnership, sustainability
(IN BRIEF) Eni has received approval from Indonesian authorities for the development of the Geng North, Gehem, and Gendalo&Gandang gas fields, which will lead to the creation of a new production hub, the Northern Hub, in the Kutei Basin, East … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Claudio Descalzi, Eni, Gas Projects, Indonesia, Kutei Basin, partnership, sustainability
(IN BRIEF) Telefónica’s Chairman, José María Álvarez-Pallete, met with Brazilian President Luiz Inácio Lula da Silva to reaffirm the company’s strong commitment to Brazil, one of its key markets. Telefónica, which leads the Brazilian telecommunications market through its Vivo brand … Read the full press release
(IN BRIEF) Vodafone and 1&1 have entered into a long-term national roaming partnership in Germany, enabling 1&1 customers to access Vodafone’s 5G network in areas where 1&1’s own infrastructure is not yet available. This partnership ensures seamless 5G coverage for … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged 1&1, 5G network, Germany, Marcel de Groot, partnership, Ralph Dommermuth, roaming, sustainability, vodafone
(IN BRIEF) Energiekontor AG has received building permits for three new wind parks in Lower Saxony, Germany, adding 116 megawatts to their renewable energy capacity. These projects, along with other wind and solar initiatives currently under development, are part of … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Energiekontor, Europe, France, Germany, partnership, Peter Szabo, renewable energy, Scotland, sustainability, Wind Park
(IN BRIEF) Volvo Group has selected Monterrey, Mexico, as the site for its new heavy-duty truck manufacturing plant, aiming to enhance production capacity for Volvo and Mack trucks across North America, Mexico, and Latin America. The plant, which will be … Read the full press release
(IN BRIEF) Empa has launched the “Mining the Atmosphere” initiative, aiming to transform buildings from CO2 emitters into carbon sinks. Through the NEST unit “Beyond Zero,” the project develops and tests innovative materials, such as carbon-based aggregates in concrete, that … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Science, Switzerland, Technology
Tagged "Mining the Atmosphere", 'Beyond Zero', CO2-Negative Buildings, construction industry, Empa, Implenia, OOS, partnership, sustaianbaility
(IN BRIEF) Hiab, a subsidiary of Cargotec, unveiled its latest sustainable load handling solutions at the Elmia Lastbil exhibition, the Nordic region’s largest transport event. Key highlights included the world premiere of the MULTILIFT eUltima, a hooklift designed for electric … Read the full press release
(IN BRIEF) ANDRITZ will supply a new 400,000-ton annual capacity chemi-mechanical pulp production line to Zhanjiang China Paper Co., Ltd., a subsidiary of Guangdong Guanhao High-Tech in China. This new line will reduce the company’s reliance on market pulp, enhancing … Read the full press release
(IN BRIEF) Accenture and Amazon Web Services (AWS) have expanded their partnership to launch the Accenture Responsible AI Platform, designed to help organizations adopt and scale AI responsibly. This platform integrates AI governance, risk assessment, compliance monitoring, and other services, … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Technology
Tagged Accenture, AI Adoption, AI platform, Amazon Web Services (AWS), Arnab Chakraborty, partnership, sustaianbaility, USA, Vasi Philomin
(IN BRIEF) Nokia has partnered with TM (Telekom Malaysia) to enhance its international optical network using advanced DWDM technology. This upgrade will support the growing demand for high-speed, low-latency connectivity driven by hyperscalers and cloud-based services. The new network will … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged AI, DWDM technology, Hyperscaler Connectivity, John Harrington, Malaysia, Nokia, Optical Network, partnership, sustaianbaility, TM (Telekom Malaysia)
(IN BRIEF) The University of Bristol’s Royal Fort Gardens has been awarded the prestigious Green Flag Award for the ninth consecutive year, recognizing it as one of the UK’s top green spaces. Managed by Keep Britain Tidy, this award highlights … Read the full press release
Posted in Awards, Business, Education, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Awards, Green Flag Award, Paul Todd MBE, Royal Fort Gardens, sustaianbaility, Tom Stevens, University of Bristol
(IN BRIEF) Alstom has successfully completed dynamic testing of the European Train Control System (ETCS) on a key UK commuter train, marking a significant step towards digitalizing the East Coast Main Line. The testing was conducted on the Great Northern … Read the full press release
Posted in Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged Alstom, Commuter Train, David Maddison, Digital Rail, European Train Control System (ETCS) Testing, partnership, sustaianbaility, UK
(IN BRIEF) Polat Enerji, a leading wind energy investor in Türkiye, has expanded its partnership with ENERCON by signing contracts to add 110.5 MW of capacity across three new wind farm projects. These projects, which include advanced wind turbines and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Turkey
Tagged Arif Günyar, Enercon, Neşet Özgür Cireli, partnership, Polat Enerji, renewable energy, sustaianbaility, Turkey, Uli Schulze Südhoff, wind farm projects
(IN BRIEF) The LEGO Group and Nike, Inc. have announced a multi-year partnership to unite creative play and sport, aiming to inspire children and families globally. This collaboration will launch in 2025, featuring co-branded products, experiences, and content that merge … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Construction, Denmark, Education, Entertainment, Environment, Financial, Government, Industrial, Investment, Management, News, Sports
Tagged Alero Akuya, Cal Dowers, creativity, LEGO, Nike, partnership, play, sports, sustaianbaility, USA
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
