(IN BRIEF) Continental has launched Tough RuNR air springs, which significantly reduce CO2 emissions by using a new compound of natural rubber and ethylene-propylene-diene rubber (EPDM) instead of synthetic rubber. This innovation, to be showcased at the IAA Transportation 2024 … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Continental, Dr. Kevin Borck, eco-friendly, Marc Leinemann, sustainability, Tough RuNR Air Springs
(IN BRIEF) Symrise has launched a Digital Immersion Co-Creation Center in Singapore, starting operations in Q3 2024. This high-tech facility integrates digital technology with market, consumer, and sensory insights to drive innovation in food and beverage development. The center features … Read the full press release
(IN BRIEF) ZF Friedrichshafen AG is realigning its structures to enhance competitiveness, focusing on Commercial Vehicle Technology, Chassis Solutions, Industrial Technology, and Aftermarket divisions. The restructuring will consolidate German locations, resulting in a gradual reduction of 11,000 to 14,000 jobs … Read the full press release
(IN BRIEF) Juwi GmbH has sold a 267 MW photovoltaic portfolio in Greece to Foresight and Mirova, marking the largest project in its history. Juwi will serve as the EPC and O&M contractor, with construction starting in August 2024. This … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Germany, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged acquisition, Diomidis Dorkofikis, foresight, Greece, Helene Dimitracopoulos, Juwi GmbH, Mirova, partnership, PV Portfolio, Stephan Hansen, sustainability, Takis Sarris
(IN BRIEF) INEOS Inovyn, Europe’s leading PVC producer, is partnering with Daimler to trial the Mercedes-Benz GenH2 hydrogen trucks, aiming to enhance heavy-duty transport’s sustainability. Over the next 12 months, INEOS will make around 250 deliveries using these trucks in … Read the full press release
Posted in Belgium, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, Netherlands, News, Technology, Transportation & Logistics, United Kingdom
Tagged Belgium, Daimler Trucks, Germany, INEOS, INEOS Inovyn, Mercedes-Benz GenH2 hydrogen trucks, partnership, sustainability, the Netherlands, Wouter Bleukx, Zero-Emission Transport
(IN BRIEF) Rheinmetall has been awarded a mid double-digit million euro contract by the Swiss Confederation to produce and supply 81mm mortar cargo ammunition, including MX2-KM mortars and cartridges for illumination and smoke discharge. Manufacturing will be handled by Rheinmetall … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Switzerland, Technology
Tagged Mortar Ammunition, MX2-KM mortar system, partnership, Rheinmetall, Rheinmetall EXPAL Munitions SA, Rheinmetall Waffe Munition GmbH, Swiss Armed Forces, Switzerland
(IN BRIEF) At the Farnborough Airshow, MTU Aero Engines secured approximately $800 million in orders, highlighting the strong demand for Pratt & Whitney’s GTF engines for the A320neo and GE9X engines for the Boeing 777X. Major orders included Avolon’s purchase … Read the full press release
Posted in Aviation & Aerospace, Business, Entertainment, Environment, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Technology, United Kingdom
Tagged Airbus, Boeing 777-9 aircraft, EVA Air, Farnborough Airshow, IAG, Japan Airlines, MTU Aero Engines, partnership, Qatar Airways, sustainability
(IN BRIEF) METRO has decided to shut down METRO Advertising GmbH as part of its strategic focus on its sCore wholesale strategy. This decision affects 67 employees in Germany and Poland, with business activities ceasing by the end of 2024. … Read the full press release
Posted in Business, Economy, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Management, Marketing, News, Poland, Technology
Tagged Germany, Guillaume Deruyter, METRO Advertising GmbH, METRO AG, Poland, Wholesale Strategy
(IN BRIEF) Bosch and Ducati have co-developed a new electronic Combined Brake System (eCBS) designed for racetrack performance, which will debut on the new Ducati Panigale V4 at World Ducati Week 2024. The advanced eCBS technology, which integrates data from … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Italy, Management, News, Technology, Transportation & Logistics
Tagged Alessandro Valia, Bosch, Ducati, Ducati Panigale V4, electronic Combined Brake System (eCBS), Fevzi Yildirim, partnership, performance, Racetrack Excellence, safety, sustainability, World Ducati Week 2024
(IN BRIEF) BASF SE reported its Q2 2024 results, showing steady EBITDA despite challenging market conditions. The company’s sales reached €16.1 billion, down from €17.3 billion last year due to lower prices and currency effects. EBITDA before special items remained … Read the full press release
Posted in Business, Chemicals, Economy, Financial, Germany, Industrial, Investment, Management, News
Tagged BASF, Financial, investment
(IN BRIEF) BEW Berliner Energie und Wärme AG has renewed its partnership with Landis+Gyr for another four years, extending their 20-year collaboration. Landis+Gyr will supply ultrasonic heat meters, specifically the T550 (UH50) model, chosen through a Europe-wide tender. The T550 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged BEW Berliner Energie, Germany, Heat Meter Supply, Johannes M. Koch, Landis+Gyr, partnership, sustainability, Switzerland, Theresa Matthes, Wärme AG
(IN BRIEF) Kübler Schwertransporte is transporting a decommissioned 350-tonne submarine, U17, to the Sinsheim Museum of Technology. The journey involves moving the submarine along waterways and roads using a 30-axle platform trailer pulled by a MAN TGX 41.680 8×6 truck. … Read the full press release
(IN BRIEF) TAKKT has strengthened its resilience in the first half of 2024 by increasing its gross profit margin to 40.5% and streamlining cost structures, resulting in a slight increase in free cash flow to €25.6 million. Despite a 17.7% … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Retail
Tagged Andreas Weishaar, economy, Financial, investment, Maria Zesch, resilience, retail, TAKKT
(IN BRIEF) In Q2 2024, Vossloh Group demonstrated strong performance with an 11.7% increase in orders received, totaling €769.6 million, and maintained stable EBIT at €49.5 million, slightly above last year’s €49.3 million. Despite a 6.6% decline in sales revenues … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, News, Technology
Tagged Financial, investment, Oliver Schuster, Vossloh Group
(IN BRIEF) TeamViewer has been recognized as the Best-in-Class solution for Open Digital Platforms for Connected Workers (AR) by PAC Innovation Radar 2024. The accolade highlights TeamViewer’s prowess in implementing AR solutions, particularly in manual order picking with smart glasses, … Read the full press release
Posted in Awards, Germany, Industrial, Management, News, Technology
Tagged AR Connected Worker Platforms, Arnold Vogt, Awards, leadership, Market leader, Mei Dent, PAC Innovation Radar 2024, TeamViewer
(IN BRIEF) Rheinmetall’s new contract for the construction and operation of an ammunition factory in Ukraine signifies a major development in the country’s defense and industrial capabilities. With a substantial investment and a strong partnership with local entities, Rheinmetall is … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology, Ukraine
Tagged Ammunition Factory, Armin Papperger, partnership, Rheinmetall, UKRAINE
(IN BRIEF) Continental is set to significantly expand its spare and wearable parts business at Automechanika Frankfurt 2024, focusing on sustainability and advanced driver assistance systems. The company will introduce multi V-belts made from renewable materials and a high-performance tire … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Automechanika Frankfurt 2024, Continental, Enno Straten, partnership, Product Range, sustainability
(IN BRIEF) Infineon Technologies has launched the PSoC™ 6 AI Evaluation Kit, designed for embedded, Edge AI, and ML system applications. The kit enhances real-time performance and power efficiency for intelligent consumer, smart home, and IoT solutions. It integrates Infineon’s … Read the full press release
(IN BRIEF) Merck has signed an MoU with Gene Therapy Research Institution Co., Ltd. (GTRI) to support the production of gene therapy for Parkinson’s Disease using Merck’s Sf-RVN® Insect Cell Line platform. This collaboration aims to enhance the manufacturing process … Read the full press release
Posted in Business, Education, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Gene Therapy Production, Gene Therapy Research Institution Co. Ltd. (GTRI), Isao Hatano, Japan, Merck, Parkinson's disease, partnership, sustainability
(IN BRIEF) Alstom has secured a €4 billion contract to supply and maintain 90 Adessia Stream trains for Germany’s S-Bahn Cologne network. This contract includes a 34-year maintenance agreement and is Alstom’s largest order in Germany. The innovative and accessible … Read the full press release
Posted in Business, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Adessia Stream Trains, Alstom, Germany, Harald Reissner, Michael Vogel, Müslüm Yakisan, Oliver Wittke, partnership, S-Bahn Cologne Network, sustainability
(IN BRIEF) BASF’s NovaFlex GlareControl optical film has been incorporated into Panasonic’s “SHIYUE” study luminaire, achieving the highest performance level for anti-glare properties as set by the China Quality Certification Center. This partnership highlights BASF’s entry into the Asian market … Read the full press release
(IN BRIEF) DWS has appointed Samantha Alexander as Country Officer for the UK, in addition to her role as Chief Operating Officer. Samantha will join the EMEA Leadership Council and oversee UK operations, contributing to DWS’s corporate strategy and managing … Read the full press release
Posted in Business, Economy, Financial, Germany, Government, Industrial, Investment, Management, News, United Kingdom
Tagged appointment, Country Officer, DWS UK, leadership, Samantha Alexander
(IN BRIEF) Vitesco Technologies has commenced large-scale production of its Battery Management Controller (BMC) in Changchun, China, for a leading Chinese automaker’s new electric vehicle models. This component is crucial for EV safety and efficiency, monitoring key battery parameters and … Read the full press release
(IN BRIEF) At the Farnborough International Airshow 2024, Oerlikon and MTU Aero Engines announced the next phase of their collaboration to create a cutting-edge thermal spray factory. The initiative aims for 100% digital traceability, real-time monitoring through digital twins, and … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, United Kingdom
Tagged Farnborough International Airshow 2024, Germany, Markus Zeis, MTU Aero Engines, Oerlikon, partnership, smart factory, sustainability, Switzerland, Toby Middlemiss, UK
(IN BRIEF) Mercedes-Benz Special Trucks and Mörtlbauer have unveiled two hydrogen combustion engine prototypes developed under the “WaVe” project. The Unimog and crawler vehicles have undergone extensive testing, demonstrating the practicality and low emissions of hydrogen combustion engines. The project, … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Armin Mörtlbauer, crawler, Daimler, Franziska Cusumano, Hydrogen Combustion Engine Prototypes, Mercedes-Benz Special Trucks, Mörtlbauer Baumaschinen Vertriebs GmbH, partnership, sustainability, Unimog
(IN BRIEF) MAHLE emphasizes technological diversity to accelerate decarbonization in the transportation sector. The company showcases its expertise in battery electric drives, hydrogen engines, fuel cells, and renewable fuels, with significant contributions to commercial vehicles globally. At the IAA Transportation … Read the full press release
(IN BRIEF) Voith will showcase its innovative solutions for sustainable rail transport at InnoTrans 2024. Key highlights include the CargoFlex Hybrid coupler, which aids the gradual conversion to digital automatic couplers (DAC) for locomotives, and advanced coupling technology for passenger … Read the full press release
(IN BRIEF) EnBW is investing approximately one billion euros to help establish a national hydrogen core network in Germany, part of the future European Hydrogen Backbone. This initiative, planned to be completed by 2032, aims to supply hydrogen to major … Read the full press release
(IN BRIEF) Merck has joined the “Semiconductor-X” research project, a consortium led by Intel Germany and the Fraunhofer IFF, focusing on the digitalization of semiconductor supply chains to improve resilience and sustainability. The project, funded by the German Federal Ministry … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Intel, Kai Beckmann, Merck, partnership, resilience, Semiconductor Supply Chain, sustainability, USA
(IN BRIEF) From September 10 to 14, 2024, KUKA will be showcasing advanced metalworking automation at AMB in Stuttgart. At Booth C71 in Hall 6, KUKA will demonstrate the ease of integrating robots with their KUKA.PLC mxAutomation software and the … Read the full press release
(IN BRIEF) Deutsche Bank has been honored with the title of “World’s Best Bank for Corporates” in Euromoney’s Awards for Excellence 2024, while also being recognized as the “Best Bank for Corporates in Germany” and the “Best Investment Bank in … Read the full press release
Posted in Awards, Banks, Financial, Germany, Management
Tagged Best Bank for Corporates in Germany, Best Investment Bank in Germany, Christian Sewing, David Feldmann, David Lynne, Dealogic rankings, Deutsche Bank, Euromoney Awards for Excellence, Euromoney Awards for Excellence 2024, European champion, Fabrizio Campelli, Global Hausbank, Global Recognition, JP Gillmann, Julian Schoof, Mittelstand clients, Panos Stergio, premier bank in Germany, World's Best Bank for Corporates
(IN BRIEF) Siemens Smart Infrastructure and Stadtwerke Stuttgart GmbH have partnered to promote sustainable urban energy in Stuttgart. The newly inaugurated Stadtwerke Stuttgart headquarters showcases advanced building and energy management systems using Siemens Xcelerator applications. These systems connect buildings and … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Germany, Infrastructure & Utilities, News, Switzerland, Technology
Tagged AI, building management systems, Carsten Koch, climate neutral targets, digital platform, digital twin technology, electric vehicles, energy efficiency, energy management systems, energy savings, hydrogen production facility, Internet of Things, IoT sensors, lighthouse project, Matthias Rebellius, mobility hub, Peter Drausnigg, renewable energy generation, renewable energy sources, Siemens, Siemens Xcelerator, Simon Pfau, smart building management, Stadtwerke Stuttgart, sustainability goals, sustainable infrastructure, sustainable urban transformation, Thomas Fuhrmann
(IN BRIEF) bp and Castrol have entered into a strategic partnership with Audi for their debut in Formula 1 in 2026. This exclusive collaboration includes the development of FIA-compliant Advanced Sustainable fuels and specialized lubricants for Audi’s F1 power unit. … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sports, United Kingdom
Tagged Adam Baker, Andreas Seidl, Audi, BP, Castrol, Formula 1, Germany, motorsport, partnership, sustainability
(IN BRIEF) The German government and state governments of Lower Saxony, North Rhine-Westphalia, and Mecklenburg-Western Pomerania have allocated over 619 million euros to fund two hydrogen projects led by RWE. These include a 300-MW electrolyser in Lingen and a hydrogen … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Germany, hydrogen projects, Markus Krebber, partnership, RWE, sustainability
(IN BRIEF) DHL Express has signed a Letter of Intent with Central Airlines to deploy two Boeing 777 freighters under a multi-year Operating Agreement, marking their first collaboration with a Chinese cargo airline. This partnership aims to enhance intercontinental cargo … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Annie Hou, Boeing 777, Cargo Operations, Central Airlines, CHINA, DHL Express, Dongming Wu, partnership, sustainability, Travis Cobb
(IN BRIEF) International technology group ANDRITZ has been contracted by German waste management service provider MVA Bielefeld-Herford GmbH to supply an EcoFluid bubbling fluidized bed (BFB) boiler system for a new sewage sludge mono-incineration plant. This plant, designed to handle … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Alexander Krenzer, Andritz, Benjamin Klammer, EcoFluid bubbling fluidized bed (BFB) boiler system, Germany, MVA Bielefeld-Herford GmbH, partnership, Sewage Sludge Incineration Plant, sustainability
(IN BRIEF) Ørsted, a leader in offshore wind energy, has unveiled a groundbreaking low-noise installation method for monopile foundations at the Gode Wind 3 wind farm in Germany. This innovative technology, successfully tested on three monopiles, utilizes a patented jetting … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Germany, Gode Wind 3 wind farm, Low-Noise Technology, Offshore Wind Foundations, partnership, Patrick Harnett, sustainability, Ørsted
(IN BRIEF) Evonik has announced a significant expansion of its sodium methylate production capacity at its Rosario plant in Argentina’s Sante Fé Province. The expansion, increasing annual capacity by 50% to 90,000 tons, aims to meet growing demand for biofuels … Read the full press release
(IN BRIEF) The University of Twente (UT) and Forschungszentrum Jülich (FZJ) have formalized their longstanding collaboration with a new Memorandum of Understanding (MoU). Signed during a special event at Jülich, the MoU focuses on strategic areas such as education and … Read the full press release
Posted in Business, Education, Financial, Germany, Government, Industrial, Investment, Management, Netherlands, News, Science, Technology
Tagged Education, Forschungszentrum Jülich, Germany, Hans Hilgenkamp, Jennifer Herek, partnership, RESEARCH, University of Twente
(IN BRIEF) Allianz has partnered with football star Harry Kane, naming him as their global brand ambassador. Kane, known for his football prowess and advocacy for mental health, will collaborate with Allianz on marketing initiatives aimed at inspiring the next … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Industrial, Insurance, Investment, Management, Marketing, News, Sports
Tagged Allianz, Bernd Heinemann, Football Star, Global Brand Ambassador, Harry Kane, marketing, partnership, sports
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
