(IN BRIEF) The European Investment Bank (EIB) and European Investment Fund (EIF) Boards of Directors met in Warsaw on September 30 and October 1, 2024, to discuss new financing initiatives and reaffirm support for Poland following recent floods. EIB Group … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News, Poland
Tagged Andrzej Domański, EIB, EIF, financing, Flood Recovery, Nadia Calviño, partnership, Poland, Rafał Trzaskowski, sustainability, Warsaw
(IN BRIEF) TÜV Rheinland has acquired Safetec Nordic AS, a leading risk management consultancy based in Norway, with operations across Norway, Sweden, and the UK. This acquisition will strengthen TÜV Rheinland’s risk, safety, and integrity management services in Europe, creating … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Norway, Security & Safety, Sweden, Technology, United Kingdom
Tagged acquisition, Gareth Book, Norway, partnership, Risk Consultancy, Safetec Nordic AS, safety, Stein Eggan, Sweden, TÜV Rheinland, UK
(IN BRIEF) Insurance Europe has announced that Thea Utoft Høj Jensen will be the new director general, succeeding Michaela Koller, who has held the role for 18 years. Thea, who currently leads Financial Services at FTI Consulting in Brussels, brings … Read the full press release
(IN BRIEF) In a recent pilot project at the Steinweg Beatrix Terminal, the Port of Rotterdam Authority successfully tested moveable shore power battery containers, connecting them to vessels from the Cargow shipping company. The project, conducted in collaboration with Zero … Read the full press release
(IN BRIEF) Iberdrola’s subsidiary, SP Energy Networks, has acquired the tech company Derryherk to enhance the efficiency of the UK’s electricity distribution network. Derryherk’s digital twin technology will improve SPEN’s ability to detect faults, forecast capacity constraints, and actively manage … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, United Kingdom
Tagged acquisition, Derryherk, Guy Jefferson, Iberdrola, net-zero goals, partnership, Smart Grid, SP Energy Networks, sustainability, UK
(IN BRIEF) AstraZeneca and Daiichi Sankyo announced that their drug Enhertu (trastuzumab deruxtecan) has been granted Priority Review by the US FDA for treating patients with unresectable or metastatic HER2-low or HER2-ultralow breast cancer who have previously undergone endocrine therapy. … Read the full press release
Posted in Business, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged AstraZeneca, Breast Cancer Patients, Daiichi Sankyo, HER2-Low, Ken Takeshita, partnership, Pre-Chemotherapy, safety, Susan Galbraith, sustainability, Ultralow
(IN BRIEF) H&M Move has launched its new Autumn/Winter 2024 rain collection, featuring stylish and affordable performance outerwear. Key pieces include StormMove™ overalls, relaxed-fit pants, and oversized ponchos, all designed with waterproof and windproof StormMove™ fabric. The collection offers both … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Industrial, Investment, Management, News, Retail, Sweden
Tagged Autumn/Winter 2024, H&M, Rain-Ready Activewear Collection
(IN BRIEF) H&M has launched “H&M Adorables,” a premium baby and kidswear line focused on high-quality materials and timeless designs that can be passed down through generations. The collection, which features cashmere, silk, Merino wool, and organic cotton, includes essentials … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Industrial, Investment, Management, News, Retail, Sweden
Tagged 'Adorables', Baby and Kidswear Line, H&M, Sofia Löfstedt
(IN BRIEF) Zalando has expanded its AI-powered fashion assistant across all 25 of its markets, now offering personalized fashion recommendations in local languages. This assistant, which integrates Zalando’s own models with OpenAI’s large language models, tailors advice based on factors … Read the full press release
Posted in Apparel, Fashion & Beauty, Artificial Intelligence (AI), Business, Financial, Germany, Government, Industrial, Internet & Online, Management, Netherlands, News, Poland, Retail, Switzerland, Technology, United Kingdom
Tagged AI Fashion Assistant, Amsterdam, London, partnership, Tian Su, Warsaw, Zalando, Zurich
(IN BRIEF) CACEIS has integrated Nephelai’s machine learning solution into its Middle-office Trade Management services as part of its broader digital transformation strategy. The AI-powered solution helps automate transaction processes, reducing settlement failures by detecting and correcting anomalies, thereby improving … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, France, Industrial, Investment, Management, News, Technology
Tagged AI-Powered Solution, CACEIS, Éléonore de Vial, Nephelai, Sandrine Legrand, Trade Management
(IN BRIEF) The World Economic Forum and GovTech Campus Deutschland have launched the Global Government Technology Centre (GGTC) in Berlin, aimed at accelerating the digital transformation of public services globally. The GGTC connects Germany’s GovTech ecosystem with a global network … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Switzerland, Technology
Tagged Berlin, Børge Brende, digital transformation, Dr. Markus Richter, Global GovTech Hub, World Economic Forum
(IN BRIEF) Telia’s newly released “Buckle Up” report reveals that while cyberattacks have surged by 466% over the past year, only 37% of companies are adequately prepared to handle them. The report emphasizes that human error, rather than technology, is … Read the full press release
(IN BRIEF) The Labs Campus Munich, an expansion of one of Europe’s largest software companies’ headquarters in Garching, Munich, has been designed to foster innovation and collaboration. The new 19,000 m² facility, developed in partnership with Lindner Group, features offices, … Read the full press release
Posted in Business, Construction, Education, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology
Tagged innovative design, Labs Campus, Lindner Group, Munich, partnership, Safety Solutions, sustainability, Technical University of Munich (TUM)
(IN BRIEF) ZF, a global leader in foundation brake systems, has achieved a major milestone by producing 250 million Electric Parking Brake (EPB) units. This accomplishment highlights ZF’s pioneering role in EPB technology, which it introduced nearly 25 years ago. … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged Brake System, Danny Milot, Electric Parking Brake Units, INNOVATION, safety, ZF
(IN BRIEF) BT has initiated live testing for its new network-as-a-service (NaaS) platform, Global Fabric, set to launch in early 2025. The platform aims to revolutionize cloud connectivity for businesses by offering secure, scalable, and resilient connections, particularly for AI-driven … Read the full press release
(IN BRIEF) EPI (European Payments Initiative) has launched Wero, a new instant digital payment wallet in France. This app enables users to send and receive money instantly using just a phone number or email, with transactions processed in less than … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Technology
Tagged BNP Paribas, Credit Agricole, digital payments, EPI (European Payments Initiative), France, Groupe BPCE, Instant Payment Wallet, Martina Weimert, SOCIÉTÉ GÉNÉRALE, Thierry Laborde, wero
(IN BRIEF) Uganda’s largest power generation facility, the 600 MW Karuma Hydropower Plant, was officially inaugurated by President Yoweri Museveni on September 26, 2024. Located on the Kyoga Nile River, the plant boosts Uganda’s energy capacity from 1,400 MW to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, Karuma Hydropower Plant, partnership, Power Project, President Yoweri Museveni, Sinohydro Corporation Ltd., sustainability, Uganda, Victor de Genot de Nieukerken
(IN BRIEF) The European Union is preparing to roll out a digital identity wallet by 2026, which will provide secure digital identification for its 448 million citizens. This initiative aims to simplify access to government services, healthcare, travel, and … Read the full press release
Posted in Business, Defence, European Union, Financial, France, Government, Industrial, Internet & Online, Investment, Management, News, Security & Safety, Technology
Tagged digital wallet, EU, EU Digital Identity Wallet (EDIW), identity, Thales
(IN BRIEF) Pearson’s Connections Academy has partnered with Southern New Hampshire University (SNHU) to offer new educational opportunities for its graduates, employees, and their families. Through this collaboration, students can benefit from a 15% tuition discount for SNHU online degree … Read the full press release
(IN BRIEF) Skanska has signed a contract worth CZK 1.1 billion (approximately SEK 510M) with Central Group to develop the next phase of the Tesla Hloubětín residential project in Prague, Czechia. The project will include four residential buildings with six … Read the full press release
Posted in Business, Construction, Czech Republic, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged partnership, Prague, Residential Complex, Skanska, sustainability
(IN BRIEF) ANDRITZ has successfully started up a new pulp mill for Liansheng Pulp & Paper in Zhangzhou, Fujian Province, China. The project included cutting-edge technology in all major areas of the mill, from chip handling and fiberline processes to … Read the full press release
(IN BRIEF) Logicor celebrated its Environmental Day in Lüdenscheid, Germany, for the second consecutive year on September 26, 2024. Partnering with ‘Plant-my-Tree,’ 20 employees planted around 500 trees and checked on the growth of trees planted the previous year. This … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Real Estate, Transportation & Logistics, United Kingdom
Tagged Environmental Day, Germany, Logicor, Lüdenscheid, partnership, sustainability, tree planting
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced the winners of the 2024 AgVenture Startup Competition, recognizing innovative startups that are developing green technology solutions for the agriculture and food sectors. The winners—Proofminder, Green Growth, and … Read the full press release
Posted in Agriculture, Awards, Business, Economy, Environment, Financial, Food & Beverage, Industrial, Investment, Management, News, Spain, Technology, United Kingdom
Tagged 2024 AgVenture Startup Competition, Agrifood Sector, Andrew D. Ive, Awards, EBRD, Ervin Luga, Green Tech Innovations, leadership, Natalia Zhukova, Spain, sustainability, winners
(IN BRIEF) The European Investment Fund (EIF) has received its first contributions to the Three Seas Initiative (3SI) Innovation Fund from Poland’s BGK and the Czech Republic’s NRI, with each institution committing €20 million. This fund aims to raise €180 … Read the full press release
Posted in Banks, Business, Czech Republic, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Technology
Tagged Bank Gospodarstwa Krajowego (BGK), Czech Republic, EIF, Innovation Fund, Martin Potůček, Mirosław Czekaj, National Development Investment (Národní rozvojová investiční / NRI), partnership, Poland, Roger Havenith, sustainability
(IN BRIEF) The European Investment Bank (EIB) and CriteriaCaixa have signed an €80 million loan agreement to finance the construction of the CaixaResearch Institute in Barcelona. This interdisciplinary research center, spearheaded by “la Caixa” Foundation, will focus on immunology and … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Science, Spain, Technology
Tagged Ángel Simón, Antonio Vila, CaixaResearch Institute, EIB, Immunology Research Center, Jean-Christophe Laloux, partnership, Spain, sustainability
(IN BRIEF) Thorn and Zumtobel have partnered with Red Bull Stadion GmbH to provide cutting-edge lighting solutions for the newly completed SAP Garden in Munich’s Olympic Park. The sports venue, designed by Danish architects 3XN, features a dynamic façade and … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Management, News, Sports, Technology
Tagged event, Munich, partnership, Red Bull Stadion GmbH, SAP Garden, sports, sustainability, Thorn, Zumtobel
(IN BRIEF) Stellantis has revised its 2024 financial guidance due to significant performance challenges in North America and a global market slowdown. The company plans to cut North American vehicle shipments by over 200,000 in the second half of 2024 … Read the full press release
Posted in Automotive, Business, Environment, Financial, Industrial, Investment, Netherlands, News
Tagged Financial, investment, North American, Stellantis
(IN BRIEF) Leapmotor International has begun accepting orders in Europe for its affordable electric vehicles, the T03 city car and the C10 SUV, as part of its joint venture with Stellantis. This move aims to provide high-tech, cost-efficient electric mobility … Read the full press release
Posted in Automotive, Business, Environment, Financial, Government, Industrial, Investment, Management, Netherlands, News, Technology
Tagged C10 SUV, Carlos Tavares, CHINA, Electric City Car, Leapmotor International, partnership, Stellantis, sustainability, SUV, T03 city car
(IN BRIEF) Allied Green Ammonia (AGA) has appointed AFRY as the Owner’s Engineer for its flagship green ammonia project in Australia’s Northern Territory. The project will use 100% renewable energy, combining 4.75 GW of solar power and battery energy storage … Read the full press release
(IN BRIEF) Viettel, Vietnam’s leading telecom company, has expanded its partnership with Ericsson through a new contract for nationwide 5G deployment. Under the agreement, Ericsson will lead the rollout of Viettel’s 5G Radio Access Network (RAN), covering key regions such … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G network, digital innovation, Ericsson, partnership, Tao Duc Thang, Vietnam, Viettel
(IN BRIEF) SSAB and Smith Stål have entered into a collaboration to bring fossil-free steel to the Norwegian market. Smith Stål, one of Norway’s leading steel distributors, will begin offering SSAB’s eco-friendly steel, including SSAB Zero™ and SSAB Fossil-free™ steel. … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Norway, Sweden, Technology
Tagged Eirik Berg, fossil-free steel, Matts Nilsson, Norway, partnership, Smith Stål, SSAB, SSAB Fossil-free™, SSAB Zero, sustainability
(IN BRIEF) Henkel Adhesive Technologies and Panverta CPP have collaborated to create sustainable packaging solutions for dry foods, improving oxygen barrier performance and reducing the number of packaging layers. By enhancing the oxygen barrier of metallized cast polypropylene (CPP) and … Read the full press release
Posted in Business, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Henkel, Indonesia, Marcus Hengky, Oxygen Barrier Technology, packaging, Panverta, partnership, sustainability
(IN BRIEF) Researchers from LMU have discovered that CD8-positive T cells, a type of immune cell, play a crucial role in the early stages of multiple sclerosis (MS). By studying identical twins, where one twin has MS and the other … Read the full press release
Posted in Business, Education, Financial, Germany, Healthcare, Industrial, Investment, Management, News, Science, Technology
Tagged CD8-positive T cells, Diagnosing, Immune System Signals, LMU Munich, multiple sclerosis, Preventing, wellbeing
(IN BRIEF) The University of Helsinki has entered into a partnership with South Korea’s Yonsei University through a newly signed Memorandum of Understanding (MoU). This agreement aims to foster research collaboration and is a key step in Helsinki’s broader strategy … Read the full press release
(IN BRIEF) The University of Helsinki’s Tvärminne Zoological Station operates the Finnish Scientific Diving Academy (FSDA), which specializes in training researchers to conduct scientific diving in extreme environments, such as polar regions impacted by climate change. The academy received an … Read the full press release
(IN BRIEF) Alma Media has sold its 65% stake in Kotikokki Net Oy to Rohea Oy, which already owned a minority share of the company. The sale will be finalized on October 1, 2024. Kotikokki.net is a popular Finnish recipe-sharing … Read the full press release
Posted in Business, Financial, Finland, Food & Beverage, Government, Industrial, Investment, Management, Media, News, Technology
Tagged Alma Media, Eero Holmila, Juha-Petri Loimovuori, Kotikokki Net Oy, partnership, Rohea
(IN BRIEF) Alma News Media has announced plans to accelerate its digital growth strategy, which could lead to the discontinuation of three print publications: Kauppalehti Optio, Fakta, and Mediuutiset. As part of this shift, the company has initiated change negotiations … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, Media, News, Technology
Tagged Alma News Media, digital, Fakta, Iltalehti, Juha-Petri Loimovuori, Kauppalehti Optio, Mediuutiset, Print Titles, restructuring
(IN BRIEF) MacGregor, a division of Cargotec, has secured a contract to supply cargo access equipment for 12 Pure Car and Truck Carriers (PCTCs) being built for CIDO Shipping at China Merchants Heavy Industry (Jiangsu) Co., Ltd. The deal includes … Read the full press release
(IN BRIEF) Schmalz has introduced the VCBL-R and VCBL-N vacuum blocks, a versatile 2-in-1 solution for CNC wood processing. These vacuum blocks allow for quick setup on both nesting and grid tables, making them adaptable for a variety of woodworking … Read the full press release
Posted in Business, Electronics & Machinery, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged CNC Wood Processing, Schmalz, Vacuum Blocks, VCBL-N, VCBL-R
(IN BRIEF) On 30 September 2024, Digi Communications N.V. announced the full redemption of its €450,000,000 Senior Secured Notes due in 2025, issued by its Romanian subsidiary, Digi Romania S.A. This follows a prior notice of redemption published on 16 … Read the full press release
Posted in Belgium, Business, Financial, Investment, Italy, Management, Netherlands, News, Portugal, Romania, Spain, Technology, Telecom
Tagged Adjusted EBITDA, Arjun Infrastructure Partners, Autoriteit Financiële Markten, broadband, broadband data services, Bucharest Stock Exchange, Citibank, DIGI COMMUNICATIONS N.V., Digi Portugal, Digi Romania S.A., Digi Spain, Digi Spain Telecom S.L.U., entertainment solutions, fibre optic network, fibre-to-the-home, fixed telecom operator, fixed-line telephony, FTTH, Macquarie Capital, MNO, mobile spectrum, mobile telecom operator, mobile telecommunication, noteholders, pay TV, redemption, senior secured notes, Serghei Bulgac, telecommunication services, €450000000
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
