(IN BRIEF) Nagarro has been recognized as a Leader in the Everest Group’s 2024 Life Sciences Digital Services for Mid-market Enterprises PEAK Matrix® Assessment. This recognition highlights Nagarro’s innovation, client-centric approach, and significant investments in advanced technologies such as AI/ML … Read the full press release
(IN BRIEF) Evotec SE has made significant progress in its strategic partnership with Bristol Myers Squibb, focused on developing a molecular glue-based therapy pipeline. This success has led to $75 million in milestone payments to Evotec. The partnership, which began … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Bristol-Myers Squibb, Dr Cord Dohrmann, Evotec, Molecular Glue, partnership, sustainability, USA
(IN BRIEF) CANCOM Group saw a 29.1% increase in revenue in the first half of 2024, reaching €835.3 million, with significant contributions from its International segment, particularly the CANCOM Austria Group. EBITDA rose to €55.5 million, while operating cash flow … Read the full press release
Posted in Austria, Business, Economy, Financial, Germany, Government, Industrial, Investment, News, Technology
Tagged Austria, CANCOM Group, Financial, investment, partnership, Rüdiger Rath
(IN BRIEF) The Rothschild Logistic Group has renewed its lease for a strategically located 18,000 sqm property in Bedburg, North Rhine-Westphalia, for another five years. Situated between Düsseldorf and Cologne, the facility offers 24/7 operations, excellent motorway access, and strong … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged Bedburg Facility, Cologne, Düsseldorf, Logicor, logistics hub, partnership, Rothschild Logistic Group, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €25 million loan to Türkiye’s Polinas Plastik to enhance the company’s green credentials through resource and energy efficiency upgrades, including a new production line for recyclable packaging … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Turkey, United Kingdom
Tagged EBRD, Packaging Production, partnership, Polinas, sustainability, Turkey
(IN BRIEF) Digi Communications N.V. has released its H1 2024 financial report, revealing significant growth in revenues and customer base. The company reported consolidated revenues of €921.3 million for the first half of 2024, a 13% increase compared to the … Read the full press release
Posted in Belgium, Business, Financial, Investment, Italy, Management, Netherlands, News, Portugal, Romania, Spain, Technology, Telecom
Tagged Adjusted EBITDA, Autoriteit Financiële Markten, broadband, broadband data services, Bucharest Stock Exchange, Cabonitel S.A., consolidated revenues, Digi Communications financial report, Digi Communications Investors Call, DIGI COMMUNICATIONS N.V., Digi Portugal, Digi Romania S.A., Digi Spain, entertainment solutions, fibre optic network, financial results, fixed telecom operator, fixed-line telephony, H1 2024, H1 2024 financial report, H1 2024 Financial Results, income, MNO, mobile spectrum, mobile telecom operator, mobile telecommunication, Nowo Communications S.A., pay TV, Q2 2024, Serghei Bulgac, shareholders, telecommunication services
(IN BRIEF) Digi Communications N.V. announced that on 12 August 2024, it granted 70,000 conditional Class B stock options to a director of its Romanian subsidiary, Digi Romania S.A. This grant is part of a stock option program approved by … Read the full press release
Posted in Belgium, Business, Financial, Investment, Italy, Management, Netherlands, News, Portugal, Romania, Spain, Technology, Telecom
Tagged Autoriteit Financiële Markten, Bucharest Stock Exchange, Class B stock options, conditional Class B stock options, Digi Communications Investors Call, DIGI COMMUNICATIONS N.V., Digi Portugal, Digi Romania S.A., fixed telecom operator, MNO, mobile spectrum, mobile telecom operator, Serghei Bulgac, stock option program, stock options, telecommunication services, Valentin Popoviciu
(IN BRIEF) The EBRD is lending €70 million to Ukraine’s Nova Post to support its 2024 expansion plans, which include enhancing delivery services and building over 600 bomb shelters. The loan will help Nova Post maintain operations during wartime, support … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Transportation & Logistics, Ukraine, United Kingdom
Tagged Arvid Tuerkner, delivery services, EBRD, Nandita Parshad, Nova Post, partnership, Petro Fokov, sustainability, UKRAINE, Wartime Challenges
(IN BRIEF) Voith has successfully implemented its Infinity S seamed felts on Navigator Paper Setúbal’s PM 1 and PM 3 machines, marking a significant achievement in the paper industry. This transition, resulting from a three-year collaboration, enhances safety, reduces felt … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Portugal, Technology
Tagged Navigator Paper, Orlando Ferreira, partnership, PM 1, PM 3, PORTUGAL, Seamed Felts, Setúbal, sustainability, Voith
(IN BRIEF) Infineon Technologies has expanded its Bluetooth portfolio with eight new products in the AIROC CYW20829 Bluetooth Low Energy 5.4 MCU family. These new offerings, optimized for industrial, consumer, and automotive applications, provide highly integrated solutions that reduce costs … Read the full press release
(IN BRIEF) AstraZeneca and Daiichi Sankyo’s Enhertu has received conditional approval in China for treating locally advanced or metastatic HER2-positive gastric cancer, following promising results from the DESTINY-Gastric06 trial. This marks the third approval for Enhertu in China in less … Read the full press release
Posted in Business, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Security & Safety, Technology, United Kingdom
Tagged Approval, AstraZeneca, CHINA, Daiichi Sankyo, Dave Fredrickson, DESTINY-Gastric01, Dr. Lin Shen, Enhertu, HER2-Positive Gastric Cancer Treatment, partnership, safety, sustainability
(IN BRIEF) WinGD is collaborating with CMA CGM to conduct the first real-world trial of its Variable Compression Ratio (VCR) technology on a dual-fuel vessel. This innovative technology, which dynamically adjusts the compression ratio in response to fuel type and … Read the full press release
(IN BRIEF) NORMA Group reported strong profitability in Q2 2024, despite a challenging market environment, with adjusted EBIT at EUR 26.1 million and a slightly improved margin of 8.5%. The company saw growth in its water management solutions but faced … Read the full press release
(IN BRIEF) Schindler Olayan will supply 293 elevators, escalators, and moving walks to The Avenues – Riyadh, a vast new multi-purpose development in Saudi Arabia’s capital. This project, featuring the Middle East’s largest commercial mall and five multipurpose towers, will … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged Danilo Calabrò, elevators, escalators, partnership, Riyadh, Schindler, Schindler Olayan, sustainability, The Avenues
(IN BRIEF) Sika has doubled the production capacity at its Bekasi plant, Indonesia’s largest facility for mortars, to meet the rising demand from infrastructure and building projects. This expansion, along with an increase in distribution points across the country, positions … Read the full press release
Posted in Business, Chemicals, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland
Tagged Indonesia, Mortar Plant, partnership, Philippe Jost, Sika
(IN BRIEF) BBVA’s AI Factory has expanded to Mexico and Türkiye, doubling its workforce to over 400 AI experts. This expansion aims to accelerate the development of AI solutions to improve customer experiences and optimize internal processes. The AI Factory … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Spain, Technology
Tagged AI Factory, AI innovation, BBVA, Ignacio Teulón, Mexico, partnership, sustainability, Türkiye
(IN BRIEF) Empa’s Open Lab Day on September 14, 2024, at their Dübendorf research campus will offer the public a unique opportunity to explore cutting-edge materials science through interactive exhibits, demonstrations, and tours. The event will cover themes like energy … Read the full press release
Posted in Business, Education, Environment, Financial, Industrial, Investment, Management, Media, News, Science, Switzerland, Technology
Tagged Eawag, Empa, Open Lab Day, partnership, scientific research, sustainability
(IN BRIEF) ÖBB Rail Cargo Group (RCG) has introduced a new TransFER route connecting Salzburg, Austria, with Augsburg, Germany, to enhance the logistics chain across Central and South-Eastern Europe. The service operates two round trips weekly, offering direct, non-stop transport … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Germany, logistics network, ÖBB Rail Cargo Group, partnership, Salzburg–Augsburg Rail Link, sustainability
(IN BRIEF) MAHLE is introducing a bionic high-performance fan at the IAA Transportation 2024, inspired by owl wings to reduce noise by up to 4 dB(A) in electric and fuel cell vehicles. The fan is 10% more efficient and 10% … Read the full press release
(IN BRIEF) Kapsch TrafficCom is expanding its AI annotation initiative to Chile, building on a successful program in Vienna, Austria, where individuals with autism are employed to train AI systems for traffic management. The Chilean team will join the global … Read the full press release
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