(IN BRIEF) Kaunas, Lithuania’s second-largest city, will modernize its district heating system using a €35 million loan from the European Investment Bank (EIB), supported by the European Commission’s InvestEU program. The project, led by utility company Kauno Energija, will upgrade … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Technology
Tagged EIB, heating system, Kaunas, Kauno Energija, Lithuania, partnership, renewable energy, sustainability, Thomas Östros, Tomas Garasimavičius
(IN BRIEF) SUEZ has made a strategic investment in French start-up Purple Alternative Surface, aiming to expand its production of permeable paving solutions made from non-recycled plastic waste. With SUEZ’s support, Purple will increase its production capacity to 200,000 m² … Read the full press release
Posted in Business, Construction, Environment, France, Industrial, Infrastructure & Utilities
Tagged 2024 projects, ADEME, circular economy, construction industry, Cravanche, energy transition, environmental innovation, France, French Environment and Energy Management Agency, greenhouse gas emissions, modular pavements, non-recycled plastic waste, parking lots, permeable paving, plastic recycling, public works, Purple Alternative Surface, retail, soil sealing, SUEZ, sustainable solutions, venture capital, wind turbine blades
(IN BRIEF) At an exclusive event in Boston, Ericsson announced a major collaboration with leading telecom operators, including AT&T, Deutsche Telekom, and Verizon, to launch a global platform for network APIs. This initiative aims to accelerate enterprise digitalization through 5G … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Sweden, Technology, Telecom
Tagged 5G innovation, Åsa Tamsons, AT&T, Boston, Cradlepoint, Deutsche Telekom, Enterprise Digitalization, Ericom, Ericsson, Ericsson Private Networks, Erik Ekudden, Niklas Heuveldop, partnership, sustainability, TELECOM, Verizon, vodafone
(IN BRIEF) Heidelberg Materials, through its subsidiary Ciments du Maroc, has acquired controlling stakes in Asment de Témara and 100% of Grabemaro, further strengthening its presence in Morocco’s growing market. The acquisition includes a cement plant, aggregates sites, and ready-mixed … Read the full press release
(IN BRIEF) Six major companies—Borealis, Covestro, Heraeus, Nextrom, Teijin Aramid, and Umicore—have launched the Sustainable Optical Fiber and Cable Industry Alliance (SOFIA) to promote sustainability across the optical fiber and cable sector. SOFIA aims to improve transparency, communication, and standardized … Read the full press release
Posted in Austria, Business, Chemicals, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Borealis, Covestro, Heraeus, Nextrom, partnership, sustainability, Sustainable Optical Fiber and Cable Industry Alliance (SOFIA), Teijin Aramid, Umicore
(IN BRIEF) Swissport will require electric-powered vehicles for key ground support operations starting January 2025 as part of its goal to achieve 55% electric Ground Support Equipment (eGSE) by 2032. The company plans to invest over €1 billion in electric … Read the full press release
Posted in Automotive, Aviation & Aerospace, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged electric-powered Ground Support Equipment (eGSE), partnership, sustainability, Swissport, Warwick Brady
(IN BRIEF) NIB and Kesko have signed a €150 million, 7-year sustainability-linked loan aimed at reducing Kesko’s greenhouse gas emissions and food waste. The loan’s interest rate is tied to Kesko’s progress on three key performance indicators: a 90% reduction … Read the full press release
Posted in Business, Environment, Financial, Finland, Food & Beverage, Government, Industrial, Investment, Management, News, Retail
Tagged André Küüsvek, Anu Hämäläinen, food waste, Kesko, NIB, partnership, sustainability
(IN BRIEF) The SOLiDIFY consortium, part of the Horizon 2020 initiative, has developed a high-performance lithium-metal solid-state battery with an energy density of 1070 Wh/L, surpassing current lithium-ion batteries. This innovative “liquid-to-solid” electrolyte battery, produced at Belgium’s EnergyVille lab, offers … Read the full press release
(IN BRIEF) SAMS celebrated its 2024 graduation, with Nele Thomsen named Student of the Year for her outstanding contributions to marine research during her studies. Thomsen, along with 44 other graduates, was recognized for her work on five research projects … Read the full press release
Posted in Awards, Business, Education, Environment, Financial, Industrial, Investment, Management, Media, News, Science, Technology, United Kingdom
Tagged 2024 Graduation Ceremony, Awards, Exceptional Students, Jamie Nathaniel, Janika Sander, Nele Thomsen, Nick Owens, Professor Sheila Heymans, Scottish Association for Marine Science (SAMS)
(IN BRIEF) Alfa Laval will introduce its latest energy-efficient heat exchangers for heat pumps at Chillventa 2024, aimed at supporting sustainable cities. These innovations, including the largest-capacity ammonia heat pump condenser and the SE range of brazed heat exchangers, focus … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Alfa Laval, Chillventa, Germany, Heat Solutions, innovative, partnership, sustainability
(IN BRIEF) FUCHS SE has signed a letter of intent to acquire Swiss lubricant company STRUB & Co. AG as part of its strategy to expand its market presence in Switzerland. The acquisition will provide FUCHS with direct access to … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Switzerland, Technology
Tagged acquisition, FUCHS SE, Lubricant, partnership, STRUB & Co. AG, sustainability, Switzerland
(IN BRIEF) Kapsch TrafficCom will present its latest transportation innovations at the ITS World Congress 2024 in Dubai from September 16-20. The company will showcase cutting-edge solutions like satellite-based tolling, multi-lane free-flow tolling, and advanced traffic management systems. Visitors to … Read the full press release
(IN BRIEF) The MaksGrid project, led by DNV and supported by the Pilot-E scheme, aims to increase Norway’s power grid utilization by 25% through innovative solutions like dynamic transmission limits and coordinated system control. The initiative, funded with NOK 26 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged and The Norwegian Smartgrid Centre, DNV, MaksGrid Project, Norway, partnership, power grid, SINTEF Energy, Statnett, sustainability
(IN BRIEF) Deutsche Bahn has agreed to sell its logistics subsidiary, DB Schenker, to Danish company DSV for €14.8 billion. The deal, expected to complete in 2025, will help Deutsche Bahn focus on its core rail business and reduce debt, … Read the full press release
(IN BRIEF) Vodafone and Three UK have responded to the CMA’s provisional findings, disputing concerns that their merger could reduce competition and lead to price increases. The companies argue that the £11 billion merger will improve 5G infrastructure, enhance competition, … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged 5G infrastructure, acquisition, Competition and Markets Authority’s (CMA), Margherita Della Valle, MERGER, partnership, Robert Finnegan, sustainability, Three UK, vodafone
(IN BRIEF) Webuild has been ranked as the global leader in the water sector by the 2024 ENR rankings, continuing a decade-long dominance. The company also climbed to 14th place among international contractors, with over $7 billion in revenue outside … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Australia, Awards, partnership, sustainability, Water Sector, Webuild
(IN BRIEF) DSV has agreed to acquire Schenker, Deutsche Bahn’s logistics subsidiary, for €14.3 billion, marking its largest acquisition to date. The combined company will have a presence in over 90 countries, with a workforce of 147,000 and pro forma … Read the full press release
(IN BRIEF) Abolis Biotechnologies has secured €35 million from a global consortium of investors, including Evonik Venture Capital, BOLD (L’Oréal’s fund), and the DeepTech & Climate Fonds. This investment will help the company expand its biomanufacturing capabilities and bring sustainable, … Read the full press release
Posted in Business, Chemicals, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, Netherlands, News, Pharma & Biotech, Science, Technology
Tagged Abolis Biotechnologies, BOLD (Business Opportunities for L’Oréal Development), Clay Capital, DeepTech & Climate Fonds, Evonik, France, investment, Netherlands, partnership, Singapore, sustainability
(IN BRIEF) The EBRD Board of Directors will visit Estonia from 15-17 September and Latvia from 17-20 September 2024 for consultations with senior government officials, business leaders, and international partners. The delegation will review EBRD-funded public and private projects, with … Read the full press release
Posted in Banks, Business, Economy, Environment, Estonia, Financial, Industrial, Investment, Latvia, Management, News, Technology, United Kingdom
Tagged Arvils Aseradens, EBRD, Estonia, investment, Latvia, Madis Muller, partnership, sustainability
(IN BRIEF) EIB Vice President Ioannis Tsakiris praised the collaboration between the European Investment Bank (EIB) and ESB in supporting Ireland’s National Smart Metering Programme. Backed by €450 million in EIB funding, the initiative aims to help 2 million Irish … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Luxembourg, Management, News, Technology
Tagged EIB, ESB, Ioannis Tsakiris, Ireland, Paul Stapleton, Smart Metering Programme
(IN BRIEF) Danish foodtech start-up MATR Foods has received a €20 million loan from the European Investment Bank (EIB) to expand its production of plant-based meat alternatives. Backed by the European Commission’s InvestEU initiative, the funding will help MATR build … Read the full press release
Posted in Banks, Business, Denmark, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged Denmark, EIB, Ioannis Tsakiris, MATR Foods, partnership, Plant-Based Meat Production, Randi Wahlsten, sustainability
(IN BRIEF) ISO has launched its first Innovation Management System standard, ISO 56001, to help companies enhance their innovation capabilities, manage risks, and increase their chances of success. The standard provides a structured framework for companies to develop and demonstrate … Read the full press release
(IN BRIEF) DNV and Brinav have signed a memorandum of understanding (MOU) to accelerate the development and approval of autonomous and remote-controlled shipping technologies. This collaboration aims to improve maritime safety and efficiency by advancing Maritime Autonomous Surface Ships (MASS). … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, News, Norway, Technology, Transportation & Logistics
Tagged Brinav, CHINA, DNV, Jarle Coll Blomhoff, Jiang HaiYing, partnership, Shipping Technology, sustainability
(IN BRIEF) Beyond Leather Materials has partnered with Covestro to develop LEAP®, a sustainable leather alternative made from over 85% bio-based materials, primarily apple waste. Covestro’s INSQIN® technology provides a durable, premium coating for LEAP®, offering a low-VOC, eco-friendly solution. … Read the full press release
Posted in Business, Chemicals, Denmark, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Apple Waste, Beyond Leather Materials, Covestro, Denmark, Dr. Torsten Pohl, LEAP, Leather, Mikael Eydt, partnership, sustainability
(IN BRIEF) ST Telemedia Global Data Centres (STT GDC) has become the first data center operator in Singapore to power its backup generators with Neste MY Renewable Diesel™, thanks to a collaboration with Neste. The switch, made in July 2024, … Read the full press release
(IN BRIEF) SGS celebrates three years of supporting Morocco’s Product Conformity Assessment (PCA) program, which ensures compliance with national standards across 419 product categories. The program, launched by Morocco’s Ministry of Industry and Trade, protects consumers and promotes fair competition … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) has granted an eight-year SEK 200 million (EUR 17.05 million) loan to Bonnier Fastigheter AB to fund the refurbishment of five buildings in Stockholm and Uppsala. The renovations focus on improving energy efficiency, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Real Estate, Sweden
Tagged Bonnier Fastigheter, ENERGY, NIB, partnership, Patrick Nylund, renovations, Stockholm, sustainability, Uppsala
(IN BRIEF) At IAA Transportation 2024 in Hanover, Scania is showcasing its latest electrified and biofuel-powered heavy trucks, including a new battery electric tractor and a versatile range of trucks for various applications. Scania’s modular design allows for customized electric … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, Media, News, Sweden, Technology, Transportation & Logistics
Tagged biofuel, Christian Levin, ELECTRIC, IAA 2024, Scania, sustainability, Truck Range
(IN BRIEF) DHL Express is preparing for the 2024 peak season by investing over €100 million to boost its transport and handling capacity. The company will deploy eight new Boeing 777 freighters on key routes between Asia and Europe, improving … Read the full press release
(IN BRIEF) BASF has released its second Responsible Sourcing Report, highlighting progress in sustainable sourcing within its Care Chemicals division. Key achievements in 2023 include sourcing 96% of palm oil from RSPO-certified mills, expanding partnerships with Solidaridad to support smallholder … Read the full press release
Posted in Agriculture, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged BASF partnerships, Solidaridad, sustainability
(IN BRIEF) The 2024 recycling standards from the Central Agency Packaging Register (ZSVR) now recognize polyethylene (PE), polyamide (PA), and ethylene-vinyl alcohol copolymer (EVOH) high-barrier films as recyclable, thanks to research by BASF and the cyclos-HTP Institute. These films, commonly … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Food & Beverage, Germany, Industrial, Investment, Management, News
Tagged 2024 Standards, BASF, Packaging Films, Polyamide-Based, recyclability, Simone Schillo
(IN BRIEF) Deutsche Telekom has introduced nine green AI principles aimed at reducing the environmental impact of artificial intelligence while enhancing its benefits. These principles focus on energy efficiency, sustainable coding, and transparent carbon tracking. Already, Deutsche Telekom is using … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Media, Technology, Telecom
Tagged AI, Claudia Nemat, Deutsche Telekom, Eckart von Hirschhausen, Melanie Kubin-Hardewig, Prof. Dr. Antonio Krüger, sustainability
(IN BRIEF) Boliden has announced a delay in its Odda zinc smelter expansion project, pushing the ramp-up of production from 200 to 350 ktonnes to the end of Q1 2025 due to construction delays at the roasting facility. This setback … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Norway, Sweden
Tagged Boliden, Håkan Gabrielsson, Mikael Staffas, Norway, Odda Zinc Smelter, partnership, sustainability
(IN BRIEF) Ukrgasbank and PrivatBank are the first two Ukrainian banks to join the European Bank for Reconstruction and Development’s (EBRD) Energy Security Support Facility (ESSF), unlocking €700 million in loans for energy security projects. The EBRD will provide risk-sharing … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Small Business, Technology, Ukraine, United Kingdom
Tagged EBRD, energy security, partnership, PrivatBank, sustainability, UKRAINE, Ukrgasbank
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has introduced new guarantees to unlock €690 million in loans for Ukraine’s critical industries, including food security and energy, through partnerships with Ukrainian banks such as PrivatBank, Ukrgasbank, KredoBank, and … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Ukraine, United Kingdom
Tagged Bank Lviv, EBRD, KredoBank, partnership, PrivatBank, sustainability, UKRAINE, Ukrgasbank
(IN BRIEF) Two schools in Vinnytsia Oblast, Ukraine, have reopened after energy-efficient renovations funded by the European Investment Bank (EIB) under the Ukraine Recovery Programme. These upgrades, benefiting over 700 students and staff, reduce CO2 emissions and energy consumption while … Read the full press release
Posted in Banks, Business, Education, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Ukraine
Tagged Education, EIB, EU, partnership, renovation, SCHOOLS, sustainability, Teresa Czerwinska, UKRAINE, Vasyl Shkurakov, Vinnytsia Oblast
(IN BRIEF) European Investment Bank (EIB) Vice President Ioannis Tsakiris visited University College Dublin (UCD) to celebrate a 35-year partnership that has contributed €453 million towards transforming the university’s academic, scientific, and residential infrastructure. UCD President Professor Orla Feely acknowledged … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Luxembourg, Management, News, Technology
Tagged Campus Transformation, EIB, Ioannis Tsakiris, Orla Feely, partnership, sustainability, University College Dublin (UCD)
(IN BRIEF) The Irish Department of Transport and the European Investment Bank (EIB) have announced a partnership to develop port infrastructure critical for supporting offshore wind projects in Irish waters. The collaboration, led by Minister Eamon Ryan and EIB Vice … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Luxembourg, Management, News, Technology
Tagged EIB, infrastructure, Ioannis Tsakiris, Ireland, Minister Eamon Ryan, Offshore Wind Port, partnership, sustainability
(IN BRIEF) EIB Vice President Ioannis Tsakiris visited Ireland to discuss key investment priorities with Finance Minister Jack Chambers, focusing on social housing, energy efficiency, and innovation. They reviewed the impact of the €1.6 billion EIB investment from 2023 and … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Luxembourg, Management, News, Technology
Tagged EIB, Green Investment, Ioannis Tsakiris, Ireland, Jack Chambers, partnership, social housing, sustainability
(IN BRIEF) At InnoTrans 2024, Ericsson will showcase its 5G and Future Railway Mobile Communication System (FRMCS) solutions aimed at improving rail safety, efficiency, and the passenger experience. The 5G Corridors will provide high-speed connectivity for passengers, while FRMCS will … Read the full press release
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
