(IN BRIEF) Specialty chemicals company Evonik is investing double-digit millions of euros to expand its POLYVEST® HT plant in Marl, Germany. This expansion, expected to be completed by the second quarter of 2024, will increase production capacity for hydroxyl-terminated polybutadienes … Read the full press release
(IN BRIEF) Crédit Agricole Assurances has finalized a long-term partnership with Banco BPM to expand the distribution of its non-life, personal protection, and creditor insurance products through Banco BPM’s networks, including online and mobile banking channels. This move aligns with … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Insurance, Investment, Italy, Management, News
Tagged Banco BPM, Credit Agricole, Crédit Agricole Assurances, Italy, Non-Life Bancassurer, partnership, Philippe Dumont, sustainability
(IN BRIEF) DNV and Shandong Shipping Tanker Co., Ltd (SDST) have announced the establishment of a Joint Innovation Studio to foster collaboration in digitalization and sustainability within the maritime industry. The studio, based at SDST’s Qingdao headquarters, aims to support … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology, Transportation & Logistics
Tagged CHINA, digitalization, DNV, Innovation Studio, maritime, Norbert Kray, partnership, Shandong Shipping Tanker, sustainability
(IN BRIEF) Skanska, as part of the Skanska Costain STRABAG joint venture, has been granted an additional GBP 71 million (approximately SEK 940 million) under their existing contract with HS2 Ltd for phase one of the high-speed railway project in … Read the full press release
(IN BRIEF) Outokumpu’s Board of Directors has approved the initiation of the company’s share-based programs, the Performance Share Plan (PSP) and Restricted Share Pool (RSP), for the period spanning from 2024 to 2026. These programs will commence at the beginning … Read the full press release
Posted in Business, Environment, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Outokumpu, performance, sustainability
(IN BRIEF) Sunlight, a prominent battery manufacturer and member of the Olympia Group, has secured a €25 million loan from the European Investment Bank (EIB) to bolster its lithium battery production capacity at its cutting-edge facility in Xanthi, Greece. With … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Greece, Kyriacos Kakouris, Lampros Bisalas, Lithium Battery Production, Olympia Group, partnership, sunlight, sustainability
(IN BRIEF) The European Investment Bank’s (EIB) specialized development finance arm, EIB Global, has entered into a €41.2 million loan agreement with the government of Moldova for the revitalization of the country’s railway infrastructure. Complementing this funding is a €12 … Read the full press release
Posted in Banks, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Moldova, News, Transportation & Logistics
Tagged EIB, EIB Global, Jānis Mažeiks, MOLDOVA, partnership, Petru Rotaru, rail infrastructure, Rehabilitate, sustainability, Teresa Czerwinska
(IN BRIEF) The European Investment Bank (EIB) applauds the European Council’s decision to initiate EU accession negotiations with Ukraine and Moldova, while also granting candidate country status to Georgia. EIB President Werner Hoyer emphasizes the positive impact of enlargement on … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, Moldova, News, Ukraine
Tagged EU, European Investment Bank, GEORGIA, MOLDOVA, partnership, sustainability, UKRAINE, Werner Hoyer
(IN BRIEF) Nordic Paper, a prominent specialty paper manufacturer based in Scandinavia, has enlisted AFRY as its engineering and project management collaborator for strategic investment initiatives at its Bäckhammar mill in Sweden. With an investment of approximately MSEK 850, Nordic … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, investment, Lisa Vedin, Nordic Paper, partnership, Scandinavia, sustainability, Sweden
(IN BRIEF) Elkem, a global leader in advanced materials based on silicon, is embarking on a digitalization initiative at its Bremanger plant in Norway. The company aims to improve production quality, safety, and efficiency by centralizing control rooms and production … Read the full press release
(IN BRIEF) Roche (SIX: RO, ROG; OTCQX: RHHBY) has once again secured its position as one of the leading sustainable companies in the Pharmaceuticals sector within the Dow Jones Sustainability Indices (DJSI). In the latest rankings, Roche secured the third … Read the full press release
(IN BRIEF) Iberdrola, a major energy company, has received recognition as the world’s leading private utility for investment in innovation and development, marking its second consecutive year of achievement in this regard. The European Commission’s report, ‘The 2023 Industrial R&D … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has signed a €20 million venture debt financing agreement with The Akkermansia Company, a Belgian microbiome health specialist, supported by the European Commission’s InvestEU initiative. The Akkermansia Company, originating as a spin-off from … Read the full press release
Posted in Banks, Belgium, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Pharma & Biotech, Science, Technology
Tagged Akkermansia Company, Belgium, EIB, financing, Kris Peeters, Michael Oredsson, Microbiome Health Research, partnership, sustainability
(IN BRIEF) Novadip, a Belgian biotech company, has secured €18 million in venture debt financing from the European Investment Bank (EIB) with support from the European Union’s InvestEU initiative. The funds will be utilized for clinical trials of NVD-003, an … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and Ingeteam, a Spanish company specializing in electrical engineering and equipment development, have signed a €46 million loan agreement for a two-year investment plan. The plan focuses on research, development, and innovation (RDI) … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Luxembourg, Management, News, Spain
Tagged Adolfo Rebollo, EIB, Ingeteam, Integration Research, partnership, renewable energy, Ricardo Mourinho Félix, Spain, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Nordic Investment Bank (NIB) have signed a financing agreement for the Mažeikiai onshore wind farm in Lithuania, developed by Ignitis Group, a leading energy company in the Baltics. Both EIB and NIB … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News
Tagged André Küüsvek, EIB, Ignitis Group, Jonas Rimavičius, Lithuania, Mažeikiai Onshore Wind Farm, NIB, partnership, sustainability, Thomas Östros
(IN BRIEF) The German Bundeswehr has signed a contract with Airbus Helicopters for the acquisition of up to 82 multi-role H145M helicopters, comprising 62 firm orders and 20 options. This order is not only the largest ever for the H145M … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Transportation & Logistics
Tagged acquisition, Airbus, Bruno Even, German Bundeswehr, H145M, helicopters, partnership, sustainability
(IN BRIEF) Linde, a global industrial gas and engineering company, has announced its 21st consecutive inclusion in the Dow Jones Sustainability World Index (DJSI World), along with its inclusion in the DJSI North America. The DJSI World represents sustainability leaders … Read the full press release
Posted in Awards, Business, Chemicals, Energy, Gas & Oil, Environment, Industrial, Management, News, United Kingdom
Tagged Awards, Dow Jones Sustainability World Index, Linde, Sanjiv Lamba, sustainability
(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, has partnered with ZWILLING, a leading supplier of high-quality kitchen products, and steel trading company STAHL KREBS to reduce the carbon footprint of stainless steel knives. The collaboration involves the … Read the full press release
(IN BRIEF) Boliden, a pioneering mining and metals company, has achieved validation and approval for its climate targets from the Science Based Targets initiative (SBTi), making it one of the first companies in the industry to do so. Boliden’s ambitious … Read the full press release
Posted in Awards, Business, Environment, Management, Metals and Minerals, News, Sweden
Tagged Åsa Jackson, Awards, Boliden, climate targets, Science Based Targets Initiative (SBTi), sustainability
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