(IN BRIEF) The U.S. Army has awarded a contract to American Rheinmetall Vehicles and Team Lynx for Phase 3 and 4 of the XM30 Mechanized Infantry Combat Vehicle program. The contract is worth over $700 million and involves the development … Read the full press release
(IN BRIEF) Aviva, one of the largest insurers in the UK, is expanding its underwriting appetite to include engineered timber in commercial developments as part of its sustainability commitments. The company aims to support the construction and real estate sectors … Read the full press release
(IN BRIEF) BioNTech reported its second-quarter 2023 financial results and corporate update, highlighting significant pipeline advancements in oncology with the initiation of BNT316/ONC-392 Phase 3 pivotal trial and positive data updates across multiple technology platforms. The company also prepares for … Read the full press release
Posted in Business, Financial, Germany, Healthcare, Management, News, Pharma & Biotech, Science
Tagged BioNTech, Financial, Jens Holstein, Omicron-Adapted COVID-19 Vaccine, oncology pipeline, partnership, Pfizer, Prof. Ugur Sahin
(IN BRIEF) Iberdrola’s Brazilian subsidiary, Neoenergia, has signed a bilateral green loan with Mitsubishi UFJ Financial Group (MUFG) for 150 million Brazilian real (approximately €28 million). The financing agreement aims to upgrade the distribution network in Neoenergia Brasilia’s concession area, … Read the full press release
(IN BRIEF) Lithuania has successfully conducted its first offshore wind auction, with a consortium of Ignitis Group and OceanWinds emerging as the winner. They paid €20 million for the right to develop the 700 MW offshore wind project, expected to … Read the full press release
(IN BRIEF) EQT AB has repurchased 364,176 of its own ordinary shares as part of its repurchase program announced on 14 July 2023. The program aims to buy back a maximum of 1,800,000 own ordinary shares for SEK 500,000,000 and … Read the full press release
Posted in Financial, Investment, Management, Sweden
Tagged EQT AB, Nasdaq Stockholm, ordinary shares, share buy back
(IN BRIEF) EQT Private Equity has agreed to sell Schülke, a provider of infection prevention solutions for the healthcare industry, to the ATHOS Consortium. Under EQT’s ownership, Schülke focused on the healthcare market, expanded into new geographies, and became a … Read the full press release
Posted in Business, Financial, Germany, Healthcare, Investment, Sweden
Tagged acquisition, Bitburger Holding, divestment, EQT, EQT Private Equity, infection prevention solutions, Schülke
(IN BRIEF) Digi Communications N.V. has announced an investor call to discuss its H1 2023 financial results on August 14, 2023, at 14:00 UK time / 16:00 EEST. The call will be conducted in English and will be hosted by … Read the full press release
Posted in Business, Financial, Investment, Management, News, Portugal, Romania, Spain, Technology, Telecom
Tagged 2023 Financial Calendar, conference call, Dan Ionita, Digi 2023 H1 Financial Results, DIGI COMMUNICATIONS N.V., financial results, H1 2023 Financial Results, investors call, Serghei Bulgac
(IN BRIEF) Project STOP Jembrana, funded by the Alliance to End Plastic Waste, has successfully implemented a waste management system in Bali, Indonesia, offering waste collection services to over 124,800 people and collecting more than 12,959 tonnes of waste, including … Read the full press release
Posted in Austria, Business, Chemicals, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Society
Tagged Alliance to End Plastic Waste, Bali, Borealis, I Nengah Tamba, Indonesia, Mike Webster, Nicholas Kolesch, partnership, plastic waste, Project STOP Jembrana, sustainability, SYSTEMIQ, Thomas Gangl, Waste Management Program
(IN BRIEF) The University of Liverpool has secured over £1.4 million in government funding for three research projects aimed at combating livestock diseases. Led by the Institute of Infection, Veterinary and Ecological Sciences, the projects will focus on lameness-associated endemic … Read the full press release
Posted in Agriculture, Business, Education, Financial, Government, Healthcare, Industrial, Investment, Management, News, Science, United Kingdom
Tagged Biotechnology and Biological Sciences Research Council (BBSRC), Combatting, Department for Environment, Dr Kannan Ganapathy, Ecological Sciences, FOOD, Livestock Diseases, partnership, Professor Diana Williams, Professor George Oikonomou, Professor Guy Poppy, Professor Matthew Baylis, RESEARCH, Rural Affairs (Defra), sustainability, University of Liverpool, University’s Institute of Infection, veterinary
(IN BRIEF) Newcastle University has been awarded over £37 million by the National Institute for Health and Care Research (NIHR) to address public health and social care issues. The funding will be used to establish a Research Support Service (RSS) … Read the full press release
Posted in Business, Education, Financial, Healthcare, Investment, Management, News, Science, United Kingdom
Tagged National Institute for Health and Care Research (NIHR), Newcastle University, partnership, Policy Research Units (PRUs), Professor Ashley Adamson, Professor Barbara Hanrattyo, Professor Dawn Teare, Professor Emily Oliver, Professor Falko Sniehotta, Professor Helen Hancock, Professor Lucy Chappell, Public Health Challenges, Research Support, Research Support Service (RSS), RSS Public Health Specialist Centre, wellness
(IN BRIEF) EnBW, a major energy company, has reported its operating results for the first half of 2023, surpassing expectations. The company expects its Group adjusted EBITDA to be €3.5 billion for the period, primarily driven by growth in thermal … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Investment, Management, News
Tagged clean energy transition, EnBW, Financial, investments, sustainability
(IN BRIEF) Skanska has secured a contract with Seagen to build a 25,000 square meter biomanufacturing facility in Everett, Washington, USA. The facility will encompass manufacturing, storage, shipping, office, and café spaces. The contract is valued at USD 215 million … Read the full press release
Posted in Business, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Pharma & Biotech, Sweden
Tagged Biomanufacturing Facility, partnership, Seagen, Skanska, USA, Washington
(IN BRIEF) Indosuez Wealth Management, a subsidiary of the Crédit Agricole Group, announces a significant agreement to acquire a majority stake in Degroof Petercam, a renowned wealth management leader in Belgium. The strategic acquisition, done in partnership with CLdN group, … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a US$ 109 million loan to Turkiye İş Bankası (İşbank), the largest private bank in Türkiye, to aid businesses and individuals affected by the devastating earthquakes that hit … Read the full press release
Posted in Banks, Business, Financial, Small Business, Turkey
Tagged Arthur Poghosyan, earthquakes, EBRD, Gamze Yalçın, İşbank, Türkiye, Türkiye Disaster Response Framework, Turkiye İş Bankası
(IN BRIEF) Romania is set to launch its inaugural auction for a contract-for-difference (CfD) support scheme to promote renewable energy. The scheme will provide backing for onshore wind power and solar photovoltaic projects with a combined capacity of 2,000 MW … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and UniCredit’s HypoVereinsbank are jointly providing credit lines exceeding €2 billion to support Deutsche Bahn in acquiring 90 new trains for the Munich S-Bahn. The financing is channeled through Bayerische Eisenbahngesellschaft (BEG) on … Read the full press release
Posted in Banks, European Union, Financial, Germany, Industrial, Infrastructure & Utilities, Transportation & Logistics
Tagged Ambroise Fayolle, Bayerische Eisenbahngesellschaft, Christian Reusch, Deutsche Bahn, EIB, HypoVereinsbank, Jan Kupfer, LHI Leasing GmbH, Munich S-Bahn, Siemens Mobility, special purpose vehicles, SPVs, Stefan Wildgruber, The European Investment Bank, trains, UNICREDIT
(IN BRIEF) The EIB Group, comprised of the European Investment Bank (EIB) and European Investment Fund (EIF), has invested €360 million in a new asset-backed securities (ABS) issuance with Banco Santander. The investment will support working capital and liquidity needs … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Small Business, Spain, Technology
Tagged ABS issuance, asset-backed securities, Banco Santander. This investment, EIB, EIF, European Investment Bank, European Investment Fund, Green Projects, Marjut Falkstedt, Ricardo Mourinho Félix, Santander Consumo 5 securitisation fund, SMEs, The EIB Group
(IN BRIEF) Deutsche Börse Group, a global market infrastructure provider, is set to acquire the remaining shares of FundsDLT, a Luxembourg-based decentralized platform based on distributed ledger technology (DLT) for fund distribution and processing. The acquisition, expected to be completed … Read the full press release
(IN BRIEF) EQT Exeter Real Estate Income Trust, Inc. (EQRT) has announced the effectiveness of its Registration Statement on Form S-11 for its initial public offering of common stock. The company plans to offer up to $5 billion in shares … Read the full press release
Posted in Business, Financial, Investment, Management, News, Real Estate, Sweden
Tagged EQRT, EQT, Financial, QRT, Real Estate Income Trust
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