(IN BRIEF) The ORLEN Group is strengthening its presence in Norway and preparing to launch production from the Tommeliten Alpha field, which will yield an additional 0.5 billion cubic meters of natural gas annually. This is part of a series … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Poland
Tagged Daniel Obajtek, energy security, Norway, ORLEN Group, partnership, Poland, sustainability, Tommeliten Alpha
(IN BRIEF) Laborie, a subsidiary of Patricia Industries, is set to acquire the remaining 91 percent of Urotronic, a US medical technology company known for its OptilumeTM device for treating benign prostatic hyperplasia (BPH). In 2020, Laborie entered a strategic … Read the full press release
Posted in Business, Financial, Healthcare, Industrial, Investment, Management, News, Science, Sweden, Technology
Tagged acquisition, benign prostatic hyperplasia (BPH), investment, Investor AB, Johan Forssell, Laborie, medical technology, Michael Frazzette, OptilumeTM BPH, partnership, Patricia Industries, Urotronic, wellness
(IN BRIEF) GTT has received three Approvals in Principle (AiPs) from the American Bureau of Shipping (ABS) and entered into a Joint Development Project (JDP) with ABS and crude oil tanker company DHT Holdings Inc. These AiPs cover the concept … Read the full press release
(IN BRIEF) Castrol has partnered with the Massachusetts Institute of Technology’s Media Lab to support the AstroAnt Payload Program. AstroAnts are miniature robots designed to perform inspections and diagnostic tasks on the surfaces of spacecraft, rovers, and landers. Castrol will … Read the full press release
Posted in Business, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged AstroAnts, Castrol, Dr Ariel Ekblaw, Lightsource BP, lubricants, Lunar Surface Robotic Swarm, Michelle Jou, MIT, Nicola Buck, partnership, sustainability
(IN BRIEF) Equinor has acquired a 26 MW onshore wind farm in Poland, known as the Wilko wind farm, from the Helios Group. The wind farm is located in the Wielkopolska province and will be operated by Wento, Equinor’s subsidiary … Read the full press release
(IN BRIEF) ING is launching a new employer branding campaign called ‘Make it your job’ to highlight the positive impact its employees have on customers, the planet, and the financial system. The campaign emphasizes the bank’s employee value proposition, offering … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, Netherlands, News
Tagged 'Make it your job' Campaign, employee, Eva Leysen, Impact and Purpose, ING
(IN BRIEF) Richard Haythornthwaite, known as Rick, is set to succeed Sir Howard Davies as the Chair of NatWest Group plc, pending regulatory approval. Rick will join the board as an independent non-executive director on January 8, 2024, and take … Read the full press release
Posted in Banks, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged appointment, leadership, Mark Seligman, NatWest Group, Richard Haythornthwaite, Sir Howard Davies
(IN BRIEF) T-Mobile US has announced a second phase of its shareholder return program, allocating up to $19 billion for the period from Q4 2023 to the end of 2024. This program includes quarterly dividends totaling approximately $3.75 billion, beginning … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Telecom
Tagged Deutsche Telekom, Financial, investment, T-Mobile US
(IN BRIEF) A coalition of development finance institutions and multilateral organizations, known as the Global Green Bond Initiative (GGBI), has partnered with the Inter-American Development Bank (IDB) and IDB Invest to collaborate on promoting green bond markets in Latin America … Read the full press release
Posted in Banks, Environment, Financial, Industrial, Investment, Luxembourg, Management, News
Tagged AECID, CDP, EBRD, EIB, GCF, Global Green Bond Initiative, Green Bonds, IDB Invest, Inter-American Development Bank, KfW, Latin America, partnership, sustainability, the Caribbean
(IN BRIEF) bp has secured its third long-term liquefied natural gas (LNG) offtake contract from the Woodfibre LNG facility in British Columbia, Canada. This contract adds 0.45 million tonnes of LNG per year on a free-on-board (FOB) basis for 15 … Read the full press release
(IN BRIEF) Santander Corporate & Investment Banking (Santander CIB) has acquired a stake in EIT InnoEnergy, a sustainable energy pioneer, as part of a EUR 140 million investment round alongside other strategic partners. This investment aligns with Santander’s strategy to … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Spain, Technology
Tagged acquisition, EIT InnoEnergy, ENERGY, innovations, investment, Lucas Arangüena, Mikel Lasa, partnership, Santander CIB, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are collaborating to enhance access to finance for Armenian micro, small, and medium-sized enterprises (MSMEs) through Acba Bank. The EBRD is providing a loan equivalent … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Acba Bank, Armenian, EBRD, EU, funding, Hakob Andreasyan, Jürgen Rigterink, Lawrence Meredith, MSMEs, partnership
(IN BRIEF) Mark Davis has been appointed as the new Regional Head of Central Europe for the European Bank for Reconstruction and Development (EBRD). In his new role, he will oversee EBRD operations in Croatia, the Czech Republic, Hungary, the … Read the full press release
Posted in Banks, Economy, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged appointment, EBRD, leadership, Mark Davis, Regional Head, Victoria Zinchuk
(IN BRIEF) During the Finance in Common Summit in Cartagena, public development banks, including the AFD, ADB, CAF, CDP, EBRD, EIB, IDB, KfW Development Bank, and BOAD, have committed to collaborating on a Blue Finance Roadmap to address ocean protection … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Luxembourg, Management, News
Tagged ADB, AFD, Blue Finance Roadmap, BOAD, CAF, Cartagena, CDP, EBRD, EIB, IDB, KfW Development Bank, ocean protection, partnership, Public Development Banks, SUMMIT, sustainability
(IN BRIEF) The European Investment Bank (EIB) delegation led by Grzegorz Rabsztyn is participating in the 32nd Economic Forum in Karpacz, Poland. The forum’s theme is “New Values for the Old Continent – Europe on the Threshold of Change.” Discussions … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Luxembourg, Management, Media, News
Tagged 32nd Economic Forum, Artur Rudnicki, EIB, Europe, Grzegorz Rabsztyn, investments, Marcin Wolski, sustainability
(IN BRIEF) The European Investment Bank (EIB) has presented a working paper titled “Climate Risks in Latin America and the Caribbean: Are banks ready for the green transition?” at the 2023 Finance in Common Summit in Colombia. The paper highlights … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, Industrial, Investment, Luxembourg, Management, News
Tagged Barbara Marchitto, Climate risks, EIB, environmental, Latin America, Ricardo Mourinho Félix, the Caribbean, Working Paper
(IN BRIEF) The European Investment Bank (EIB) has priced a new EUR 3 billion 5-year benchmark bond, known as EARN, with a maturity date of November 15, 2028. The bond carries an annual coupon of 3.000% and an issue price … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Luxembourg, Management, News
Tagged European Investment Bank, Financial, investment
(IN BRIEF) Scania has celebrated the inauguration of its battery assembly plant at its headquarters in Södertälje, Sweden, marking a significant milestone for the company. This plant’s operations will facilitate the serial production of premium heavy-duty electric vehicles. The battery … Read the full press release
(IN BRIEF) Skanska has entered into a contract with the Washington State Department of Transportation (WSDOT) to enhance and operationalize a 7.2-kilometer stretch of the I-405 corridor in Bothell, Washington. The contract is valued at USD 834 million (SEK 8.8 … Read the full press release
Posted in Business, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Bothell, Expansion Project, I-405 Corridor, partnership, Skanska, Washington, WSDOT
(IN BRIEF) Neoenergia, a prominent integrated energy company in Brazil, has been honored with the Transparency 2023 Trophy by the National Association of Finance, Management and Accounting Executives (Anefac). This prestigious award, received for the third consecutive year, recognizes Neoenergia’s … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Financial, Industrial, Management, News, Spain
Tagged Awards, Eduardo Capelastegui, Ethical Governance, Financial Clarity, Iberdrola, NEOENERGIA, Transparency 2023 Trophy
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