(IN BRIEF) Eviden, an Atos business specializing in advanced computing, and CEA have jointly announced the delivery of the EXA1 HE (High Efficiency) supercomputer, marking a significant milestone in the EXA1 program. The system, based on Eviden’s BullSequana XH3000 technology, … Read the full press release
(IN BRIEF) Ericsson, alongside industry giants Nokia, IBM, Intel, and Vodafone, issues a rallying call to European policymakers, urging urgent action to ensure the region’s competitiveness in the digital economy. Ahead of the D9+ group meeting in Dublin, the companies … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Sweden, Technology, Telecom
Tagged Digital Future, Ericsson, Europe Union, IBM, Intel, Nokia, partnership, Robert Condon, vodafone
(IN BRIEF) As excitement mounts for Taylor Swift’s long-awaited UK tour, fans have fallen prey to a surge in concert ticket scams, with fraudsters exploiting social media platforms to target eager concert-goers. Analysis by Lloyds Bank reveals a concerning trend, … Read the full press release
Posted in Banks, Business, Entertainment, Financial, Industrial, Internet & Online, Investment, Management, Marketing, Media, News, Retail, Security & Safety, Technology, United Kingdom
Tagged Liz Ziegler, Lloyds Bank, SECURITY, social media, Taylor Swift Fans, Ticket Scams, UK Tour
(IN BRIEF) Siemens inaugurates the first building complex of the Siemens Technology Center (STC) at Garching Research Campus, marking a significant milestone in Germany’s technological advancement. The STC, situated alongside prestigious institutions like the Technical University of Munich (TUM), the … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged artificial intelligence, BMW, digitalization, Garching Research Campus, Markus Blume, partnership, Peter Körte, SAP, Siemens, sustainability, Technical University of Munich, Technology Center, the Fraunhofer Institutes, Thomas F. Hofmann
(IN BRIEF) BASF, a global leader in materials and chemicals, presents a co-creation partnership for automotive industry players at Chinaplas 2024, Shanghai. The initiative offers an extensive portfolio of engineering plastics combined with design, simulation, application development, and parts testing … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Business, Chemicals, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged BASF, CHINAPLAS 2024, electric motors, Material Portfolio, partnership, Shanghai
(IN BRIEF) Unilever introduces Wonder Wash, a groundbreaking laundry detergent under its Dirt Is Good brand, designed to excel even in short 15-minute cycles. Leveraging robotics and AI, Unilever has developed a science-backed solution to address evolving laundry needs, catering … Read the full press release
(IN BRIEF) Sanofi’s experimental CD40L antibody, frexalimab, demonstrates encouraging results in a 48-week phase 2 study for relapsing multiple sclerosis (MS). Presented at the American Academy of Neurology Annual Meeting, the data reveals sustained reduction in disease activity and favorable … Read the full press release
Posted in Business, Education, Financial, France, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Security & Safety, Technology
Tagged CD40L antibody, Erik Wallström, Frexalimab, multiple sclerosis, Patrick Vermersch, safety, Sanofi
(IN BRIEF) Mercedes-Benz launches the customer testing phase for its battery-electric eActros 600, with Contargo and Remondis as the pioneering partners. The e-trucks, set to revolutionize long-distance haulage, will be utilized by Contargo for container transport between Wörth am Rhein … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Andreas Roer, Christian Renners, Contargo, Daimler truck, e-trucks, eActros 600, Kögel Trailer GmbH, Mercedes-Benz, Michael Starke, partnership, REMONDIS, Sascha Hähnke, Stina Fagerman, sustainability
(IN BRIEF) Fortum embarks on a EUR 20 million investment to modernize the historic Malta hydropower plant in Uvån, Sweden, dating back to 1914. This extensive modernization aims to enhance the plant’s efficiency, extend its lifespan, and increase annual production … Read the full press release
(IN BRIEF) Metsä Group partners with ANDRITZ to conduct a pre-study for a groundbreaking commercial mill dedicated to producing Kuura textile fiber, a sustainable product derived from Finnish wood. This collaboration aims to develop innovative pulp pre-treatment methods, integrate textile … Read the full press release
Posted in Austria, Business, Environment, Financial, Finland, Government, Industrial, Investment, News, Technology
Tagged Andritz, Finland, Kari Tuominen, Kuura Fiber Production, Metsä Group, Niklas von Weymarn, partnership, sustainability
(IN BRIEF) MYTILINEOS Energy & Metals, in collaboration with Protergia and Powerledger, introduces groundbreaking energy provenance tracking and tracing features in Greece. This innovative partnership empowers consumers to track their energy sources in near real-time, visualize their carbon footprint, and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Investment, Management, News, Technology
Tagged ENERGY, Greece, MYTILINEOS, partnership, Powerledger, Protergia, sustainability
(IN BRIEF) Novartis revealed promising data from the ALITHIOS open-label extension study, highlighting the enduring effectiveness of Kesimpta® (ofatumumab) in treating relapsing multiple sclerosis (RMS) over a span of up to six years. The study, presented at the American Academy … Read the full press release
(IN BRIEF) In a fascinating blend of modern infrastructure and historical preservation, Milan’s upcoming De Amicis station on the M4 line has unveiled a hidden treasure: sections of the ancient city walls of the Naviglio. Constructed by Webuild, the station’s … Read the full press release
Posted in Art & Culture, Business, Construction, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Ancient Walls, De Amicis Station, M4 line, Medieval Legacy, Milan, Webuild
(IN BRIEF) Siemens announces the forthcoming release of the Simatic S7-1200 G2 controllers, set to debut in winter 2024, marking the first new generation of controllers in a decade. Promising enhanced motion control, flexible machine safety features, increased performance, and … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Hannover Messe 2024, Siemens, Simatic S7-1200 G2 Controllers
(IN BRIEF) The European Investment Bank (EIB) has signed a €150 million, 25-year finance contract with the French department of Seine-Maritime, aiming to modernize the learning environments of 13,000 pupils across the region. This initiative, part of the department’s Plan … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, Bertrand Bellanger, EIB, France, investment, partnership, School Modernization, Seine-Maritime Department, sustainability
(IN BRIEF) The European Investment Bank (EIB) is providing a €400 million loan to Thüringer Energie AG (TEAG), a municipal energy supplier in Thuringia, Germany, to upgrade and digitize the electricity grid. This investment, totaling around €600 million, aims to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Germany, Green Energy, Grid Expansion, Nicola Beer, partnership, Stefan Reindl, sustainability, Thüringer Energie AG, Thuringia
(IN BRIEF) Nagarro, a global digital engineering leader, disclosed its audited financial figures for 2023, showcasing consistent performance with a 6.5% revenue increase year-over-year (YoY). Despite facing excess capacity due to growth moderation, the company saw revenue climb to €912.1 … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Financial, investment, Nagarro
(IN BRIEF) PUMA collaborates with the Mercedes-AMG PETRONAS F1 Team to introduce the Crews Go Summer Collection, seamlessly blending the team’s iconic identity with casual streetwear silhouettes. Each piece in the collection, from hoodies to shorts and shirts, exudes track … Read the full press release
Posted in Apparel, Fashion & Beauty, Automotive, Business, Entertainment, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, Marketing, News, Retail, Sports
Tagged Crews Go Summer Collection, Mercedes-AMG, partnership, PETRONAS F1 Team, PUMA, sports, sustainability
(IN BRIEF) Ahold Delhaize announces the repurchase of 900,000 common shares between April 8 and April 12, 2024, as part of its €1 billion share buyback program initiated in November 2023. With shares bought at an average price of €26.94 … Read the full press release
Posted in Business, Economy, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail
Tagged Ahold Delhaize, Financial, investment, Shares Buyback Program
(IN BRIEF) MAHLE, a leading automotive supplier, marks a significant turnaround in its business trajectory with record sales of €12.8 billion in 2023, despite global challenges and rising costs. The company reports a positive group result and a notable increase … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Arnd Franz, Financial, investment, MAHLE, Markus Kapaun, sustainability
(IN BRIEF) Covestro, a leading polymer manufacturer, showcases its latest innovations at Techtextil 2024 in Frankfurt. With a focus on sustainability and productivity, Covestro presents four teams highlighting its diverse portfolio, including waterborne INSQIN® products for sustainable textile coatings, Desmomelt® … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Covestro, Innovative Textile Solutions, sustainability, Techtextil 2024, Thomas Michaelis
(IN BRIEF) A new study by DNV reveals that collaborative efforts towards decarbonizing the energy supply in ASEAN member states could lead to a staggering reduction of USD 800 billion in costs by 2050. The study contrasts three scenarios: individual … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Norway
Tagged ASEAN, Brice Le Gallo, decarbonization, DNV, Mats de Ronde, partnership, sustainability
(IN BRIEF) Evonik is set to underscore the importance of supply security and sustainability in its amino acids portfolio at the China Feed Industry Expo 2024. With a focus on animal nutrition, the company will introduce its latest products and … Read the full press release
(IN BRIEF) Partners, producers, and stakeholders convened in Pará, Brazil, for a gathering centered around sustainable livestock farming, organized as part of the Amazonia Connect program. Hosted by consortium partners including USAID, Solidaridad, Earth Innovation Institute, National Wildlife Federation, and … Read the full press release
Posted in Agriculture, Business, Environment, Financial, Food & Beverage, Government, Investment, Management, Media, Netherlands, News
Tagged Alaion Souza, Amazon, Amazonia Connect, Ananias Oliveira, Bella Genta, Brazil, Diana Castro, Earth Innovation Institute, Jason Weller, José Heder Benatti, livestock farming, Maria Gorete Rios, Mariana Pereira, National Wildlife Federation, partnership, Paulo Lima, Pedro Santos, Solidaridad Network, sustainability, Thais Megid, University of Wisconsin-Madison, USAID
(IN BRIEF) During the World Circular Economy Forum (WCEF) 2024 in Brussels, leading multilateral development banks (MDBs) presented their Circular Economy Working Group’s shared vision on the role of MDBs in supporting the circular economy. The session, titled “Shaping a … Read the full press release
Posted in Banks, Belgium, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged Brussels, Circular Finance, EBRD, Gianpiero Nacci, Multilateral Development Banks, partnership, sustainability, WCEF 2024
(IN BRIEF) The European Investment Bank (EIB) Board of Directors approved €4.3 billion in financing for projects spanning Austria, Czech Republic, France, Germany, Hungary, Italy, Lithuania, and Slovakia. The funding will support sustainable transport, renewable energy, water and waste treatment, … Read the full press release
Posted in Austria, Banks, Business, Czech Republic, Economy, Environment, Financial, France, Germany, Government, Hungary, Industrial, Investment, Italy, Lithuania, Luxembourg, Management, News, Slovakia
Tagged Austria, Czech Republic, EIB, Europe, France, Germany, Hungary, investment, Italy, Lithuania, Nadia Calviño, partnership, Slovakia, sustainability, sustainable development
(IN BRIEF) During the World Circular Economy Forum (WCEF) 2024, Multilateral Development Banks (MDBs) revealed their collaborative vision on the role of MDBs in advancing the circular economy. Emphasizing the significance of circularity in achieving sustainable and equitable development, MDB … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) Group, led by President Nadia Calviño, is set to participate in the 2024 Spring Meetings of the International Monetary Fund and the World Bank Group in Washington DC. The delegation, including Vice-Presidents Ambroise … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News
Tagged Ambroise Fayolle, Delegation, EIB, John Lipsky, Jutta Urpilainen, Melinda French Gates, Multilateral Development Meetings, Nadia Calviño, Odile Renaud-Basso, Oleksander Kubrakov, partnership, sustainability, Thomas Östros, Washington DC
(IN BRIEF) Lviv, a city in western Ukraine, celebrates the successful implementation of a project aimed at enhancing urban mobility, marked by the acquisition of ten low-floor trams. Financed by a €17.4 million loan from the European Investment Bank (EIB), … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Transportation & Logistics, Ukraine
Tagged acquisition, Andriy Sadovyi, EIB, Henrik Huitfeldt, Jean-Erik de Zagon, Lviv, Oleksandr Kubrakov, partnership, sustainability, Tram Fleet, UKRAINE, Urban Mobility Upgrade, Volodymyr Kovaliv
(IN BRIEF) British International Investment (BII) and FMO have collaborated to provide a joint loan commitment of US$50 million to BECIS, a leading Energy as a Service (EaaS) provider in South-East Asia. This financing will support BECIS’ ambitious plans to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology, United Kingdom
Tagged BECIS, British International Investment (BII), clean energy, Eren Ergin, expansion, FMO, INDIA, Indonesia, Jeesun Han, Malaysia, partnership, PHILIPPINES, South-East Asia, Srini Nagarajan, sustainability, THAILAND, Vietnam
(IN BRIEF) Schroders Capital’s Private Debt and Credit Alternatives (PDCA) division has announced the addition of two senior professionals to its team, signaling the firm’s commitment to meeting the growing client demand for income and income alternatives. Jason Kezelman joins … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Allen Chilten, appointments, Ingo Heinen, Jason Kezelman, leadership, Loren Sageser, Michelle Russell-Dowe, partnership, Private Debt and Credit Alternatives (PDCA) Business, Schroders, Schroders Capital, Stephan Ruoff
(IN BRIEF) Rheinmetall’s subsidiary, MS Motorservice International GmbH, is set to construct a cutting-edge high-bay storage facility at its Neuenstadt plant, aimed at automating the storage of Euro-pallets. The investment, equipped with advanced conveyor technology and connected to various warehouse … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged High-Bay Storage System, MS Motorservice, Neuenstadt, Rheinmetall
(IN BRIEF) Hydro Energi AS recently finalized a significant long-term power purchase agreement (PPA) with Swiss energy provider Alpiq, spanning from 2025 to 2033. The agreement entails the delivery of 0.54 TWh of power, contributing to Hydro’s Nordic power portfolio, … Read the full press release
(IN BRIEF) BBVA Global Wealth Advisors (GWA) recently inaugurated its Miami office, marking a strategic move to cater to high-net-worth Latin American clients seeking investment advisory services. With over 30 professionals, the Miami-based unit aims to provide tailored solutions to … Read the full press release
Posted in Banks, Economy, Financial, Government, Industrial, Investment, Management, News, Spain
Tagged BBVA, Carlos Torres Vila, Latin America, Miami Office, Murat Kalkan, partnership, wealth management
(IN BRIEF) In a significant milestone for digital trade, Lloyds Bank has executed its first transaction employing an electronic Bill of Lading (eBL) on the WaveBL platform, marking a move towards entirely paperless exchanges in international trade. Partnering with Somerset-based … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged digital Promissory Note (dPN), Douglas Paull, electronic Bill of Lading (eBL), Federal Bank, Lloyds Bank, Mrs L V Rathna Mala, Ofer Ein Bar, Paperless Trade Deal, partnership, Paull’s Matting, Rogier van Lammeren, sustainability, WaveBL
(IN BRIEF) AstraZeneca’s IMPACT CKD model predicts a significant increase in chronic kidney disease (CKD) across eight countries, with up to 16.5% of the population affected by 2032, including a substantial rise in advanced-stage cases. Presented at the 2024 ISN … Read the full press release
(IN BRIEF) VINCI, a leading infrastructure and construction company, has completed a €50 million investment in NatPower SA, a renewable energy platform operating in Italy, Great Britain, and the United States. This investment involves acquiring 10% of NatPower SA’s share … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, United Kingdom
Tagged Fabrizio Zago, Great Britain, Italy, NatPower SA, partnership, renewable energy, sustainability, United States, VINCI
(IN BRIEF) Citycon Oyj’s Board of Directors has approved the launch of a new stock option plan and restricted share unit plan aimed at the Chief Executive Officer, aiming to enhance alignment between shareholder objectives and CEO incentives while bolstering … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, News, Real Estate, Retail
Tagged CEO Objectives, Citycon, Financial, Incentive Plans, investment, Shareholder Value
(IN BRIEF) AFRY played a pivotal role as the technical advisor to EnfraGen in its acquisition of a 188 MW renewable energy portfolio in Panama and Costa Rica, earning the esteemed “Acquisition Deal of the Year” award. EnfraGen, a key … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged acquisition, AFRY, Angel Arancibia, Costa Rica, EnfraGen, Latin America, Panama, partnership, sustainability
(IN BRIEF) A leading Chilean iron ore miner has entrusted FLSmidth with a multi-year contract to service its five High Pressure Grinding Rolls (HPGRs) across three mines in Chile, aiming to boost productivity and extend equipment lifespan. Despite the HPGRs … 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)
