(IN BRIEF) bp and Castrol have entered into a strategic partnership with Audi for their debut in Formula 1 in 2026. This exclusive collaboration includes the development of FIA-compliant Advanced Sustainable fuels and specialized lubricants for Audi’s F1 power unit. … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sports, United Kingdom
Tagged Adam Baker, Andreas Seidl, Audi, BP, Castrol, Formula 1, Germany, motorsport, partnership, sustainability
(IN BRIEF) Rolls-Royce Power Systems has been awarded a contract by Battery Park Zeewolde (BPZ) to supply a large-scale battery storage system in Zeewolde, Netherlands. The system, featuring a capacity of 32.6 MW and 65.2 MWh, will support energy trading … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, United Kingdom
Tagged Andreas Görtz, Battery Park Zeewolde (BPZ), battery storage system, energy project, Netherlands, Rolls-Royce, Sjoerd Sieburgh, Zeewolde
(IN BRIEF) The German government and state governments of Lower Saxony, North Rhine-Westphalia, and Mecklenburg-Western Pomerania have allocated over 619 million euros to fund two hydrogen projects led by RWE. These include a 300-MW electrolyser in Lingen and a hydrogen … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Germany, hydrogen projects, Markus Krebber, partnership, RWE, sustainability
(IN BRIEF) DHL Express has signed a Letter of Intent with Central Airlines to deploy two Boeing 777 freighters under a multi-year Operating Agreement, marking their first collaboration with a Chinese cargo airline. This partnership aims to enhance intercontinental cargo … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Annie Hou, Boeing 777, Cargo Operations, Central Airlines, CHINA, DHL Express, Dongming Wu, partnership, sustainability, Travis Cobb
(IN BRIEF) Aviva has revolutionized its exposure management capabilities with the adoption of Orchestra, a sophisticated software solution developed by Symfos. Since its implementation in 2021, Orchestra has streamlined Aviva’s portfolio roll-up process by 60-70%, allowing for quicker data processing … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, Technology, United Kingdom
Tagged Aviva, Bao Cam, Karen Dayal, orchestra, partnership, Risk Management Capabilities, software, sustainability, Symfos
(IN BRIEF) Lloyds Banking Group is taking significant steps to alleviate the UK’s social housing shortage through the redevelopment of decommissioned data centres and former office sites into new affordable homes. Starting with a project in Pudsey, West Yorkshire, the … Read the full press release
(IN BRIEF) International technology group ANDRITZ has been contracted by German waste management service provider MVA Bielefeld-Herford GmbH to supply an EcoFluid bubbling fluidized bed (BFB) boiler system for a new sewage sludge mono-incineration plant. This plant, designed to handle … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Alexander Krenzer, Andritz, Benjamin Klammer, EcoFluid bubbling fluidized bed (BFB) boiler system, Germany, MVA Bielefeld-Herford GmbH, partnership, Sewage Sludge Incineration Plant, sustainability
(IN BRIEF) Ørsted, a leader in offshore wind energy, has unveiled a groundbreaking low-noise installation method for monopile foundations at the Gode Wind 3 wind farm in Germany. This innovative technology, successfully tested on three monopiles, utilizes a patented jetting … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Germany, Gode Wind 3 wind farm, Low-Noise Technology, Offshore Wind Foundations, partnership, Patrick Harnett, sustainability, Ørsted
(IN BRIEF) SapuraOMV Upstream Sdn Bhd has successfully started gas production at Malaysia’s Jerun field, where Shell plc holds a 30% stake through Sarawak Shell Berhad. Located offshore Sarawak, the field includes an integrated platform exporting gas via an 80-km … Read the full press release
(IN BRIEF) AFRY, in collaboration with the European Investment Bank (EIB), spearheaded a pioneering climate resilience study focused on Ischia, Italy, addressing the island’s vulnerability to earthquakes and landslides exacerbated by climate change. The comprehensive report, unveiled at a press … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Malta, Management, Media, News, Sweden, Technology
Tagged AFRY, Anssi Karppinen, climate resilience, EIB, Gelsomina Vigliotti, Gilberto Pichetto Fratin, Giovanni Legnini, Ischia, Italy, partnership, Philipp Stanzel, sustainability
(IN BRIEF) Skanska has signed a SEK 700 million agreement with NKT HV Cables AB to construct towers and side buildings for the expansion of NKT’s cable factory in Karlskrona, Sweden. This contract, part of Skanska’s Q3 2024 order bookings, … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Karlskrona, NKT Cable Factory, partnership, Skanska, sustainability
(IN BRIEF) Skanska, as part of the Skanska Costain STRABAG joint venture, has received an additional GBP 50 million from HS2 Ltd for phase one of the UK’s high-speed railway project. This brings the total contract value to GBP 1.425 … Read the full press release
(IN BRIEF) E.ON and MAN Truck & Bus are collaborating to create a vast public charging network for electric commercial vehicles across Europe, featuring approximately 400 charging points at 170 locations. With 125 sites planned in Germany alone, this initiative … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged E.ON, electric trucks, Europe, Leonhard Birnbaum, MAN Truck & Bus, partnership, Public Charging Network, Sukhjinder Singh, sustainability
(IN BRIEF) The European Investment Bank (EIB) is extending a €435 million credit to Stora Enso to upgrade its Oulu manufacturing site for producing eco-friendly, fiber-based packaging for food and personal care products. This investment aims to reduce plastic reliance … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Food & Beverage, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged EIB, Finland, Kaarlo Höysniemi, Oulu, Packaging Transformation, partnership, Stora Enso, sustainability, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) and Poste Italiane have signed a €450 million finance contract to modernize and digitalize Poste Italiane’s logistics and postal services. This funding will be used to establish new automated parcel sorting centers, including … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged digital, EIB, Gelsomina Vigliotti, investment, Italy, logistics, Matteo Del Fante, partnership, Poste Italiane, sustainability
(IN BRIEF) SGS has announced its acquisition of Institut d’Expertise Clinique (IEC), a prominent Clinical Research Organization specializing in advanced clinical testing for the cosmetics industry. Founded in 1990 and based in France, IEC operates across Europe, Asia, and Africa, … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Financial, France, Government, Industrial, Investment, Management, News, Science, Security & Safety, Switzerland, Technology
Tagged acquisition, Cosmetics Testing, Etienne Camel, France, Géraldine Picaud, Institut d’Expertise Clinique (IEC), leadership, partnership, SGS, sustainability
(IN BRIEF) Yara Brasil Fertilizantes and Petrobras have signed a non-binding Master Agreement to explore potential synergies in their operations, following a prior Memorandum of Understanding signed in February 2024. The focus is on enhancing efficiencies in Brazil’s fertilizer and … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Norway
Tagged Norway, partnership, Petrobras, sustainability, Yara, Yara Brasil Fertilizantes
(IN BRIEF) Saudi Arabia has ordered four additional Airbus A330 Multi Role Tanker Transport (MRTT) aircraft for the Royal Saudi Air Force (RSAF). These aircraft will begin conversion in early 2026 and enter service by 2027, enhancing RSAF’s air-to-air refuelling … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, France, Government, Industrial, Investment, Management, News, Security & Safety, Spain, Technology, Transportation & Logistics
Tagged A330, Airbus, France, Jean-Brice Dumont, Multi Role Tanker Transport Aircraft, partnership, Royal Saudi Air Force (RSAF), Saudi Arabia, sustainability
(IN BRIEF) Edison and Webuild have joined forces to develop pumped hydroelectric projects in Southern Italy, focusing on sites in Pescopagano and Villarosa. These projects aim to generate 500 MW of pumped energy by 2030, supporting Italy’s energy security and … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged economic development, Edison, energy security, Italy, Mr. Nicola Monti, Mr. Pietro Salini, partnership, Pumped Hydroelectric Projects, sustainability, Webuild
(IN BRIEF) ANDRITZ, an international technology group, has secured a significant order from C&S Paper to supply two advanced PrimeLineCOMPACT tissue machines for their Suqian City mill in Jiangsu Province, China. These machines, with a capacity of 94 t/d each, … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, C&S Paper, CHINA, Mr. Lin Tiande, Mr. Shi Wei, partnership, sustainability, tissue production
(IN BRIEF) The European Investment Bank (EIB), as part of the €340 million Ukraine Recovery Programme, has renovated Bucha’s water supply facility, providing clean drinking water to 9,000 residents. Damaged during the Russian invasion, the upgraded facility now features advanced … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Ukraine
Tagged Anatoliy Fedoruk, Bucha Water Supply Facility, clean drinking water, EIB, Jaco Cilliers, partnership, Rémi Duflot, Ruslan Kravchenko, Sergii Marchenko, sustainability, Teresa Czerwinska, UKRAINE, Vasyl Shkurakov
(IN BRIEF) Creas Impacto II, supported by EIF, ICO, the Carasso Foundation, and private investors, targets a €70 million fund size under the InvestEU program. The fund, managed by CREAS, focuses on investing in about 12 growth-stage companies in Spain … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Spain
Tagged Carasso Foundation, CREAS, Creas Impacto II, EIF, EU, ICO, José Carlos García de Quevedo, Lucía Casani, Luis Berruete, Marjut Falkstedt, partnership, private investors, Spain, sustainability
(IN BRIEF) Eneco and Charged have announced a collaborative initiative, ‘Gridease,’ aimed at leveraging home battery systems to enhance grid stability while offering financial rewards to consumers. The trial targets customers with Sessy home batteries and both fixed and variable … Read the full press release
(IN BRIEF) Under the Hungarian EU Presidency, the Competitiveness Council gathered at MOL Group’s headquarters to discuss Europe’s industrial competitiveness amidst the green energy transition. Key stakeholders emphasized the need for collaborative policymaking and a supportive regulatory environment. Zoltán Áldott … Read the full press release
(IN BRIEF) APM Terminals Suape in Brazil has completed a significant investment in sustainability by acquiring twenty-eight all-electric container handling units from SANY. This move underscores their commitment to becoming Latin America’s first fully electric terminal, set to commence operations … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology, Transportation & Logistics
Tagged acquisition, All-Electric Handling Equipment, APM Terminals, Aristides Russi Júnior, Brazil, investment, partnership, Suape, sustainability, Sustainable Port Operations
(IN BRIEF) Wood has secured a six-year contract to provide comprehensive brownfield engineering, procurement, and construction management (EPCm) services for Shell’s Prelude Floating Liquified Natural Gas (FLNG) facility in Western Australia. This agreement extends Wood’s longstanding partnership with Shell and … Read the full press release
(IN BRIEF) Syngenta Biologicals and Intrinsyx Bio have joined forces to introduce advanced biological solutions to global agriculture. This collaboration focuses on leveraging Intrinsyx Bio’s proprietary endophyte formulations, which enhance nutrient uptake in plants, reducing reliance on synthetic fertilizers and … Read the full press release
Posted in Agriculture, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Switzerland, Technology
Tagged Greg Thompson, Innovative Biological Solutions, Intrinsyx Bio, Jonathan Brown, partnership, sustainability, sustainable agriculture, Syngenta Biologicals, USA
(IN BRIEF) Covestro is championing the circular economy by integrating sustainable design principles into product development. Recognizing the significant environmental impact of product design, Covestro leverages its expertise in high-performance materials to guide customers in adopting circular design practices. Their … Read the full press release
(IN BRIEF) GTT Strategic Ventures, alongside Counterview Capital, Lifeline Ventures, and Tesi, has invested in Finnish maritime software company Seaber.io. Based in Helsinki, Seaber.io specializes in digitalizing scheduling and chartering for bulk shipping, utilizing AI and machine learning for real-time … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Finland, France, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Counterview Capital, GTT Strategic Ventures, Hélène Loncin, Helsinki, investment, Lifeline Ventures, partnership, Seaber.io, Sebastian Sjöberg, sustainability, Tesi
(IN BRIEF) MTU Aero Engines is celebrating its 90th anniversary at the Farnborough International Airshow with a focus on revolutionary propulsion technologies. Highlighting innovations aimed at zero-emission flight, MTU will showcase its Water-Enhanced Turbofan (WET) and Flying Fuel Cell™ (FFC) … Read the full press release
(IN BRIEF) Symrise is celebrating its 70-year legacy of sun protection innovation as part of its “150 shades of innovation” campaign, honoring the 150th anniversary of its founding father Wilhelm Haarmann’s first patent. The company has pioneered advancements in UV … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Financial, Germany, Healthcare, Industrial, Investment, Management, News, Science, Technology
Tagged 70 Years, Ev Suess, INNOVATION, leadership, Sun Protection, sustainability, Symrise, Timothy Kenny, Wilhelm Haarmann
(IN BRIEF) Just – Evotec Biologics and Sandoz have expanded their strategic partnership to advance the development and commercial manufacturing of biosimilars. This enhanced collaboration includes additional biosimilars in Sandoz’s pipeline and ensures long-term supply through Just – Evotec Biologics’ … Read the full press release
Posted in Business, Environment, Financial, France, Germany, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, Pharma & Biotech, Science, Switzerland, Technology
Tagged Biosimilar Development, Dr. Matthias Evers, Evotec, France, Just – Evotec Biologics, partnership, Sandoz, Supply Security, sustainability, Switzerland
(IN BRIEF) Siemens has attained the prestigious EcoVadis Platinum rating with an impressive score of 80 points, placing it among the top one percent of over 73,000 companies globally assessed. This recognition marks a significant advancement from Silver in 2021 … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Germany, Industrial, Technology, Telecom
Tagged Circularity, continuous improvement, decarbonization, DEGREE framework, EcoVadis, EcoVadis assessment, energy efficiency, Environment, ESG targets, ethics, Eva Riesenhuber, Global Head of Sustainability, Global Reporting Initiative, global sustainability, GRI standards, ILO conventions, International Labour Organization, international standards, ISO 26000, labor and human rights, performance analysis, Platinum medal, resource efficiency, Siemens, societal impact, sustainability rating, sustainable procurement, technology company, UN Global Compact Principles
(IN BRIEF) Telefónica has been recognized as the world’s most socially responsible technology company in the first Social Ranking 2024 by the World Benchmarking Alliance (WBA). Out of 173 ICT companies assessed, Telefónica’s strong performance in human rights, decent work … Read the full press release
Posted in Awards, Environment, Industrial, Infrastructure & Utilities, Management, News, Society, Spain, Technology, Telecom
Tagged Awards, Global ICT Sector, Social Responsibility Rankings, sustainability, Telefonica
(IN BRIEF) Siemens AG and Boson Energy have signed a Memorandum of Understanding to collaborate on converting non-recyclable waste into clean hydrogen energy. Utilizing Siemens’ advanced technology and consultancy services, including automation and digitalization from the Siemens Xcelerator portfolio, the … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, Switzerland, Technology
Tagged ACHEMA Fair, automation, Axel Lorenz, Boson Energy, circular economy, clean energy, CO₂ reduction, digital services, digitalization, distributed production, electric vehicle charging, electrification, fast charging, fossil fuels, Frankfurt, Germany, global carbon footprint, green energy transition, grid stability, HPAG, Hydrogen by Plasma Assisted Gasification, hydrogen-powered, Jan Grimbrandt, local energy security, non-recyclable waste, Poland, scalable solutions, Siemens, Siemens Xcelerator portfolio, standardization, sustainable hydrogen
(IN BRIEF) The European Investment Fund (EIF) and Danish corporate bank kompasbank a/s have partnered to provide at least €175 million in new loans to Danish small and medium-sized enterprises (SMEs). Supported by the InvestEU programme, the three portfolio guarantee … Read the full press release
Posted in Denmark, Energy, Gas & Oil, Environment, European Union, Financial, Investment, Small Business
Tagged climate change mitigation, climate mitigation, Danish economy, Danish SMEs, economic growth, education investments, EIF, European Investment Fund, financing, green and sustainable transformation, green transition, InvestEU programme, job creation, kompasbank, Marjut Falkstedt, Michael Hurup Andersen, Nordics, portfolio guarantee agreements, reduced interest rates, riskier lending segments, small businesses, start-ups, sustainability, targeted financing
(IN BRIEF) Carrefour has finalized the acquisition of the Cora and Match banners from the Louis Delhaize group for €1.05 billion, enhancing its foothold in the French food distribution market. The acquisition includes 60 Cora hypermarkets and 115 Match supermarkets, … Read the full press release
(IN BRIEF) SWU Verkehr, serving Ulm and Neu-Ulm, has introduced the first two out of 14 Mercedes-Benz eCitaro G buses, marking a significant step towards sustainable urban mobility. These electric articulated buses, equipped with advanced NMC3 batteries for enhanced energy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Daimler Buses, eCitaro G Buses, Johannes Stingl, Klaus Eder, Martin Ansbacher, Mercedes-Benz, Neu-Ulm, partnership, Ralf Gummersbach, sustainability, SWU Verkehr, Till Oberwörder, Ulm
(IN BRIEF) Neste celebrates a pivotal regulatory milestone as the French government approves the sale of 100% renewable transport fuels, including Neste’s renewable diesel, at all public fuel stations across France. This decision expands access beyond logistics companies to private … Read the full press release
(IN BRIEF) Scatec ASA, in collaboration with ECHEM and MOPCO, has finalized a Heads of Terms agreement with Yara Clean Ammonia to secure the offtake of renewable ammonia produced in Egypt. The project involves developing up to 480 MW of … Read the full press release
Posted in Banks, Business, Chemicals, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Norway
Tagged ammonia, EGYPT, Egyptian Petrochemicals Holding Company (ECHEM), EIB, Eng. Ahmed Mahmoud El-Sayed, Eng. Ibrahim Mekki, Gelsomina Vigliotti, H.E. Tarek El Molla, Hans Olav Raen, Misr Fertilizers Production Company (MOPCO), partnership, Scatec ASA, sustainability, Terje Pilskog, Yara, Yara Clean Ammonia
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
