(IN BRIEF) Ahold Delhaize repurchased 250,000 shares between September 9 and 13, 2024, at an average price of €30.97 per share, totaling €7.7 million. This is part of their €1 billion share buyback program, with 26.49 million shares repurchased so … Read the full press release
Posted in Business, Economy, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, Retail
Tagged Ahold Delhaize, Financial, investment, Shares Buyback Program
(IN BRIEF) Daimler Truck Financial Services (DTFS) has introduced integrated service packages for the Mercedes-Benz eActros 600 at the 2024 IAA in Hanover, aimed at making the switch to electric transport easier for customers. These packages include flexible financing, leasing, … Read the full press release
(IN BRIEF) The Mercedes-Benz eActros 600 has been named “International Truck of the Year 2025” by commercial vehicle journalists from 24 European countries. The electric truck was praised for its advanced aerodynamics, powerful drivetrain, and a range of 500 kilometers … Read the full press release
(IN BRIEF) The Mercedes-Benz eCitaro G has been named “Electric Bus Champion 2024” at IAA Transportation in Hanover after winning a comprehensive comparison test organized by Omnibusspiegel. The articulated bus excelled in categories such as passenger comfort, driver handling, build … Read the full press release
Posted in Awards, Business, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged 'Electric Bus Champion 2024', Awards, Daimler truck, eCitaro G, IAA Transportation 2024, INNOVATION, leadership, Mercedes-Benz, Mirko Sgodda, performance, Till Oberwörder
(IN BRIEF) Bilfinger has been awarded a significant Project Management and Consultancy contract by Egyptian Chemical Industries (KIMA) to manage the construction of a new chemical and fertilizer plant in Aswan, Egypt. The facility will produce 600 tons of nitric … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Bilfinger, Chemical Egyptian Chemical Industries (KIMA), Christian Rugland, construction, EGYPT, Fertilizer Plant, partnership, sustainability
(IN BRIEF) GEA has introduced its CONTA dual block valve technology, designed to improve safety and efficiency in spray drying processes for the food and dairy industries. The new system reduces areas where feed can accumulate by 96%, lowering microbiological … Read the full press release
(IN BRIEF) Deutsche Bahn has awarded Vossloh over €100 million in contracts to improve rail maintenance using advanced rail milling and high-speed grinding technologies. The agreements, covering preventive and corrective maintenance, aim to extend the service life of DB’s tracks … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Deutsche Bahn, Heike Junge-Latz, maintenance, Oliver Schuster, partnership, Rail infrastracture, sustainability, Vossloh
(IN BRIEF) Rolls-Royce is marking significant achievements for its T56 and AE 2100 engines, which have powered military aircraft for decades. The T56 engine, first flown in 1954, has surpassed 220 million flight hours, while the AE 2100 engine has … Read the full press release
(IN BRIEF) At the IAA Transportation 2024, Bosch unveiled its plans to drive the future of commercial vehicles with diverse powertrain technologies and advanced software solutions. By 2035, Bosch expects a significant shift toward battery-electric and hydrogen-powered trucks. The company … Read the full press release
(IN BRIEF) Michelin launched its latest tire ranges, the MICHELIN X® LINE ENERGY™ 3 and MICHELIN X® MULTI ENERGY™ 2, at the IAA Transportation Trade Fair in Hannover. These new tires are designed to maximize fuel savings and lateral grip … Read the full press release
(IN BRIEF) Bentley Motors has commenced production of the fourth-generation Continental GT, with the first model finished in Tourmaline Green to commemorate the 136th birthday of company founder, W.O. Bentley. This model, part of Bentley’s UK Press Fleet, will later … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Investment, Management, Media, News, Technology, United Kingdom
Tagged Andreas Lehe, Bentley, Continental GT, Walter Owen Bentley
(IN BRIEF) On International Identity Day, Thales reaffirmed its commitment to providing secure, trusted legal identities for all, in line with the UN’s Sustainable Development Goal 16.9. With over 850 million people worldwide lacking official identification, Thales is working to … Read the full press release
Posted in Business, Defence, Financial, France, Government, Industrial, Investment, Management, Media, News, Security & Safety, Technology
Tagged biometric, digital identity solutions, International Identity Day, Legal Identities, SECURITY, Thales, Youzec Kurp
(IN BRIEF) Aurubis, a leading multimetal producer, has welcomed 75 new apprentices at its Hamburg plant, filling all available spots across 12 vocations. The company, known for its modern training environment and role in producing metals for electric vehicles and … Read the full press release
Posted in Business, Education, Environment, Financial, Germany, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged apprenticeship, Aurubis, Dr. Toralf Haag, Hamburg, Ksenija Bekeris, partnership, sustainability, training program
(IN BRIEF) During her visit to Eurojust, Slovenian President Nataša Pirc Musar commended the agency’s work in promoting cross-border judicial cooperation and supporting efforts to combat organized crime. Slovenia has participated in over 1,300 cases since 2020, including high-profile collaborations … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Law, Management, Netherlands, News, Security & Safety, Slovenia
Tagged cross-border judicial cooperation, Eurojust, Ladislav Hamran, Nataša Pirc Musar, SECURITY, Slovenia
(IN BRIEF) The European Investment Fund (EIF) has committed €30 million to Wind II, a venture capital fund targeting €130 million. Wind II focuses on early-stage tech startups across Europe developing innovative solutions for essential services and infrastructure industries to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Climate Tech Innovation, EIF, Europe, Marjut Falksteadt, partnership, sustainability, Thierry Vandewalle, Wind II, Xavier Gury
(IN BRIEF) Stark Future, a leading electric motorcycle company in Spain, has obtained a €40 million loan from the European Investment Bank (EIB) to boost its research, development, and production of electric motorbikes. Backed by the EU’s InvestEU program, the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Spain, Technology, Transportation & Logistics
Tagged EIB, electric motorcycle, INNOVATION, partnership, Spain, Stark Future, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Natixis CIB are providing €97 million in financing to Libeccio S.r.l. for a new wind farm in Mazara del Vallo, Sicily. With a capacity of 44.8 MW, the wind farm will provide … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Alessandro Izzo, EIB, investment, Natixis CIB, partnership, renewable energy, Sicily, sustainability, wind farm
(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) Digi Communications N.V. announced that its Romanian subsidiary, Digi Romania S.A., has exercised its right to fully redeem €450 million worth of 2.50% Senior Secured Notes due in 2025. The redemption will take place on September 27, 2024, … 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
(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) The Alaska DMV has awarded Thales a new contract to provide secure, next-generation driver’s licenses and ID cards, featuring cutting-edge security technology. The polycarbonate cards, with laser-engraved translucent windows and biometric verification, are designed to prevent identity fraud … Read the full press release
(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) The Otto Group has appointed David Heckel as Vice President of Group Tax, effective October 1, 2024. Heckel, currently head of Corporate Tax at Otto, will succeed Peter Carstens, who will retire in mid-2025 after 25 years of … Read the full press release
(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) Benchmark has won the Best Network award at the Money Marketing Awards 2024 for the third year in a row. The company was recognized for its innovative business model, advancements in technology, and its efforts in addressing Consumer … Read the full press release
Posted in Awards, Business, Financial, Industrial, Investment, Management, Marketing, News, United Kingdom
Tagged Awards, Benchmark, Best Network Award, Ed Dymott, leadership, Money Marketing Awards
(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) Aegon has appointed Michele Bareggi as its new Chief Strategy, Transformation & Growth Officer, effective November 1, 2024. Bareggi, with over 25 years of experience in the financial services industry, previously led significant growth at Athora and held … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Insurance, Investment, Management, Netherlands, News
Tagged Aegon, appointment, Chief Strategy and Growth Officer, Duncan Russell, Lard Friese, leadership, Michele Bareggi
(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) The Ministry of Defence has awarded BAE Systems a £60 million contract to enhance the Royal Navy’s Sting Ray lightweight torpedo. Over a four-year period, the project will focus on technological upgrades to address emerging threats in anti-submarine … Read the full press release
(IN BRIEF) Crédit Agricole Assurances has invested in Scope Group, joining other major French financial institutions like AXA and BPCE in supporting Europe’s only independent rating agency accepted by the European Central Bank. This investment is part of broader efforts … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Germany, Government, Industrial, Insurance, Investment, Management, News
Tagged Credit Agricole, Crédit Agricole Assurances, Europe, Financial, Florian Schoeller, Germany, Nicolas Denis, partnership, Scope Group, sustainability
(IN BRIEF) UEA will host an art exhibition from 30 September to 18 October, showcasing works by South African artist Norman Kaplan, who used his art to protest apartheid. The exhibition, featuring Kaplan’s linocuts and cartoons, will mark the 30th … Read the full press release
Posted in Art & Culture, Business, Education, Financial, Government, Industrial, Investment, Management, Media, News, Society, United Kingdom
Tagged Apartheid, art exhibition, Caroline Kamana, Dr. Nicholas Grant, Norman Kaplan, South Africa, UEA
(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
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