(IN BRIEF) SEB’s newly launched AI fund has reported impressive first-year results, outperforming global benchmarks under the management of Alexander Winberg. The fund focuses on investing in companies advancing artificial intelligence, with its performance exceeding both world and benchmark indices. … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AI Fund, AI Infrastructure, Alexander Winberg, SEB, trends
(IN BRIEF) Alfa Laval AB has appointed its Nomination Committee for the 2025 Annual General Meeting (AGM), which includes representatives from major shareholders: Jörn Rausing (Winder Holding), Daniel Kristiansson (Alecta Tjänstepension Ömsesidigt), Lennart Francke (Swedbank Robur Fonder), Anders Oscarsson (AMF-Försäkring … Read the full press release
(IN BRIEF) Indra has deployed the advanced Lanza 3D long-range radar system for the Spanish Air Surveillance Squadron 2 (EVA-2) in Toledo, enhancing Spain’s air defense capabilities. This deployment is the first of five new radar systems designed to detect … Read the full press release
(IN BRIEF) New Holland has introduced the next generation of its T5 Dual Command tractor range, featuring a modern exterior and enhanced functionality aimed at improving productivity and operator comfort. The updated lineup, showcased at the Sommet de l’Élevage fair … Read the full press release
(IN BRIEF) On World Coffee Day, Solidaridad highlights its ongoing commitment to supporting small-scale coffee farmers as they transform into climate advocates and community leaders. Since launching the world’s first Fairtrade coffee in Mexico in the 1980s, Solidaridad has tackled … Read the full press release
(IN BRIEF) Evonik Oxeno has announced a significant expansion of its production capabilities for INA-based plasticizers, specifically ELATUR® CH (DINCH) and ELATUR® DINCD, to meet the growing market demand. The expansion will take place at the existing C4 production facilities … Read the full press release
(IN BRIEF) Evonik has commenced a major expansion at its Charleston site in Berkeley County, South Carolina, aimed at increasing the production capacity of precipitated silica by 50% to meet rising demand from the tire industry, especially for green tires. … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Charleston Facility, Evonik, expansion, Guido Skudlarek, Johnny Cribb, Kenneth Bittner, Lauren Kjeldsen, partnership, silica, sustainability
(IN BRIEF) The Palmdale-Burbank segment of California’s high-speed rail project, connecting San Francisco and Los Angeles, has received environmental certification from the California High-Speed Rail Authority (CHSRA). This section, covering approximately 70 kilometers, includes complex tunneling and traverses various landscapes. … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, Transportation & Logistics
Tagged California, environmental certification, High-Speed Rail Project, Palmdale-Burbank Segment, partnership, SENER, sustainability
(IN BRIEF) GRAHAM Facilities Management and Civil Engineering sponsored the 2024 Charity Golf Day at Rockmount Golf Club, organized in collaboration with the Chartered Institution of Water and Environmental Management (CIWEM) to support WaterAid. The event successfully raised approximately £15,000, … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Non Profit, Technology, United Kingdom
Tagged 2024 Charity Golf Day, Chartered Institution of Water and Environmental Management (CIWEM), civil engineering, Colin McKeever, fundraising, GRAHAM Facilities Management, partnership, sponsorship, sustainability, WaterAid
(IN BRIEF) Loughborough University has established a partnership with the Charnwood Forest Geopark organization to support its bid for UNESCO Global Geopark status. The collaboration will involve research, education, and community outreach initiatives aimed at promoting the rich geological and … Read the full press release
Posted in Art & Culture, Business, Education, Environment, Financial, Industrial, Investment, Management, Media, News, Non Profit, Science, Technology, United Kingdom
Tagged Charnwood Forest Geopark, Cllr Martin Cartwright, Loughborough University, partnership, Professor Dan Parsons, sustainability, UNESCO
(IN BRIEF) On October 1, 2024, Andrea Six reported on the groundbreaking work by EMPA researchers in collaboration with Aldena Therapeutics to develop nanoceramic “stars” for treating common skin conditions like psoriasis and neurodermatitis. These nanoceramic structures temporarily create micro-wounds … Read the full press release
Posted in Business, Financial, Healthcare, Industrial, Investment, Management, News, Science, Switzerland, Technology
Tagged ANDREA SIX, Empa, innovative, Nanoceramics, neurodermatitis, psoriasis, Skin Disease Treatment
(IN BRIEF) Saab AB has announced the establishment of its Nomination Committee ahead of the Annual General Meeting (AGM) scheduled for April 10, 2025, in Linköping, Sweden. The committee, formed based on the shareholder structure as of August 31, 2024, … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, Media, News, Security & Safety, Sweden, Technology
Tagged Anna Magnusson, Annual General Meeting 2025, appointment, Daniel Nodhäll, leadership, Marcus Wallenberg, Marianne Nilsson, Nomination Committee, Peter Wallenberg Jr, Saab AB
(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
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
