(IN BRIEF) Infineon Technologies AG is set to unveil its latest semiconductor, software, and tooling solutions at PCIM Europe 2024, focusing on driving decarbonization and digitalization. The showcase will highlight Infineon’s extensive power electronics portfolio, covering silicon (Si), silicon carbide … Read the full press release
Posted in Business, Environment, Germany, Industrial, Management, Media, News, Technology
Tagged digital transformation, Dr. Gerald Deboy, Infineon, PCIM Europe 2024, sustainability
(IN BRIEF) ABN AMRO announces its agreement with Fosun International to acquire Hauck Aufhäuser Lampe (HAL), a prominent German private bank, positioning Bethmann Bank, ABN AMRO’s private banking arm, as one of the largest providers of banking services for affluent … Read the full press release
(IN BRIEF) Munich-based start-up sewts is revolutionizing industrial processes with AI-powered robots adept at handling materials with dynamic shapes, particularly textiles. Founded by graduates of the Technical University of Munich (TUM), sewts initially focused on automating tasks in industrial laundries, … Read the full press release
(IN BRIEF) RWE, a leading player in global renewables, has announced its investment decision to construct Australia’s inaugural eight-hour lithium-ion Battery Energy Storage System (BESS) adjacent to its Limondale Solar Farm in New South Wales. With a capacity of over … Read the full press release
(IN BRIEF) Infineon Technologies AG unveils its new CoolSiC™ MOSFET 400 V family, an extension of SiC MOSFETs to voltages below 650 V, catering to the escalating power requirements of Artificial Intelligence (AI) processors in server power supplies (PSUs). With … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged AI Servers, Infineon, partnership, Richard Kuncic, SiC MOSFETs, sustainability
(IN BRIEF) Heidelberg Materials unveils a Green Finance Framework aimed at supporting the ongoing transformation and decarbonisation of the building materials sector. Aligned with leading market practices and standards, the framework facilitates the issuance of Green Bonds to finance sustainable … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged Dr Nicola Kimm, Financial, Heidelberg Materials, investments, René Aldach, sustainability
(IN BRIEF) Moody’s, the international rating agency, has upgraded TAG Immobilien AG’s long-term credit rating to ‘investment grade, Baa3, outlook stable,’ citing the company’s robust operational performance and disciplined financial strategy amidst challenging market conditions driven by escalating interest rates. … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Financial, investment, Martin Thiel, Moody, TAG Immobilien AG
(IN BRIEF) In a significant move towards bolstering Germany’s energy transition and contributing to global decarbonization efforts, RWE has announced the commencement of its Nordseecluster project. This groundbreaking initiative entails the construction of offshore wind farms with a cumulative capacity … Read the full press release
(IN BRIEF) Rheinmetall announces a significant order from a NATO customer for the supply of artillery ammunition, totaling nearly €300 million. The order includes tens of thousands of artillery shells and hundreds of thousands of propellant charge modules, with deliveries … Read the full press release
Posted in Belgium, Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged artillery ammunition, Belgium, NATO, partnership, Rheinmetall, sustainability
(IN BRIEF) Bechtle AG receives acclaim at the prestigious Best Managed Companies Awards, hosted by Deloitte Private, UBS, FAZ, and BDI, for its exceptional leadership and role-model status in shaping the future through strategic vision, innovation, and forward-thinking management culture. … Read the full press release
Posted in Awards, Business, Germany, Industrial, Management, News, Technology
Tagged Awards, Bechtle, Best Managed Company, Dr Christine Wolter, Dr Thomas Olemotz, INNOVATION, leadership, Markus Seiz, vision
(IN BRIEF) PUMA partners with Seoul-based Lost Management Cities to reintroduce the iconic 2024 GV Special sneaker from PUMA’s archives. Inspired by ‘80s tennis culture, Lost Management Cities infuses the silhouette with a playful color scheme, incorporating hand-finished details like … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Germany, Government, Industrial, Investment, Management, News, Sports, Technology
Tagged Lost Management Cities, PUMA, Retro GV Special Sneaker Revival, South Korea, sports
(IN BRIEF) Dürr, a leading mechanical and plant engineering company, reached a significant milestone by producing its 18,000th painting robot for Audi in Ingolstadt. The EcoRP L033i robot, equipped with Dürr’s latest EcoBell4 atomizer featuring 4-main-needle technology, will be installed … Read the full press release
(IN BRIEF) Thirty years ago, Deutsche Post embarked on a groundbreaking endeavor, constructing 33 cutting-edge parcel centers across Germany, revolutionizing the country’s parcel logistics landscape. The centers, equipped with state-of-the-art technology, streamlined operations, drastically reducing parcel handling times and improving … Read the full press release
(IN BRIEF) Boehringer Ingelheim and OSE Immunotherapeutics announce a significant expansion of their partnership, introducing two novel projects to develop pioneering treatments alongside their ongoing anti-SIRPα immuno-oncology initiatives. The expansion includes broadening therapeutic evaluations to encompass cardiovascular-renal-metabolic (CRM) diseases and … Read the full press release
Posted in Business, Education, Environment, Financial, France, Germany, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Boehringer Ingelheim, Clive R. Wood, Disease Treatment, Nicolas Poirier, OSE Immunotherapeutics, partnership, sustainability
(IN BRIEF) HUGO BOSS introduces HUGO BOSS XP, a groundbreaking omnichannel membership program designed to revolutionize customer engagement and loyalty. Leveraging innovative technologies, including blockchain-supported elements, the program seamlessly integrates traditional loyalty features with Web3 functionalities like NFTs. With a … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Germany, Industrial, Investment, Management, Marketing, News, Retail, Technology
Tagged Customer Loyalty Program, HUGO BOSS, HUGO BOSS XP, Oliver Timm
(IN BRIEF) GEA, a key player in the bakery industry, introduces a game-changing solution to streamline oven installations. Through their Plug & Play service, GEA preassembles modules at their facility in Verona, Italy, significantly reducing installation time and production downtime … Read the full press release
(IN BRIEF) RWE Gas Storage West has launched an initial market survey to gauge future demand for hydrogen storage until June 2024, targeting hydrogen producers, users, industrial companies, and traders. Recognizing hydrogen’s pivotal role in the energy transition, the company … Read the full press release
(IN BRIEF) Symrise, a leading fragrance company, is set to showcase its latest fragrance technologies at Detex 2024 in Amman, Jordan. The trade fair serves as a platform for Symrise to engage with regional partners and unveil innovations like SuperBloom® … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Chemicals, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Technology
Tagged Adrian Rieck, Amman, Detex 2024, Fragrance Technologies, JORDAN, René Hemeier, SuperBloom®, SymAqua®, Symrise
(IN BRIEF) Evonik, in collaboration with AECOM and Sensatec, is employing its EHC® Reagent to remediate groundwater contaminated with volatile organic compounds (VOCs) at the Pioneer Park urban development site in Hanau. The former military barracks site, undergoing transformation into … Read the full press release
Posted in Awards, Business, Chemicals, Environment, Germany, Industrial, Management, News, Technology
Tagged Aecom, Bronze award, Brownfield Award® 2024, EHC® Reagent, Evonik, Mayor Claus Kaminsky, Mike Mueller, partnership, Sensatec, sustainability
(IN BRIEF) Siemens Digital Industries Software introduces Catapult™ AI NN software, a cutting-edge solution for High-Level Synthesis (HLS) of neural network accelerators on Application-Specific Integrated Circuits (ASICs) and System-on-a-chip (SoCs). Developed in collaboration with leading contributors to hls4ml and Fermilab, … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Catapult™ AI NN Software, Fermilab, hls4ml, Mo Movahed, Neural Network Accelerator Synthesis, Panagiotis Spentzouris, partnership, Siemens, sustainability, USA
(IN BRIEF) PUMA introduces the ULTRA 5, a groundbreaking football boot set to revolutionize speed and performance on the pitch. Engineered with insights from motorsport and collaborations with Formula One teams, the ULTRA 5 features a SPEEDSYSTEM carbon outsole and … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Germany, Industrial, Management, Marketing, News, Retail, Sports, Technology
Tagged Dominique Gathier, football, PUMA, Romain Girard, sports, ULTRA 5
(IN BRIEF) Vossloh, a leading provider of rail infrastructure solutions, has signed an agreement to acquire Scandinavian Track Group (STG), a renowned provider of rail track maintenance services in Sweden. With a focus on switches, maintenance, welding services, and inspection … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged acquisition, Jan Furnivall, partnership, s Oliver Schuster, Scandinavian Track Group (STG), sustainability, Sweden, Swedish Rail Infrastructure Market, Vossloh
(IN BRIEF) At the 77th Cannes Film Festival, the European Investment Fund (EIF) and the European Commission announced agreements aimed at bolstering SMEs and small mid-caps in Europe’s cultural and creative sectors. These agreements, supported by the InvestEU programme, involve … Read the full press release
Posted in Art & Culture, Banks, Business, Economy, Environment, Financial, Finland, France, Germany, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Alessandro Tappi, Creative Sectors, cultural, European Investment Fund, Finland, France, Germany, InvestEU Agreements, partnership, SMEs, sustainability, Thierry Breton
(IN BRIEF) Outokumpu, a leading manufacturer in sustainable stainless steel, has secured the ResponsibleSteel certification for all its production facilities in Europe, making it the first Nordic company to earn this accolade for all seven of its sites across Finland, … Read the full press release
Posted in Business, Environment, Finland, Germany, Government, Industrial, Management, Media, Metals and Minerals, News, Security & Safety, Sweden
Tagged Anna Vainikainen, Annie Heaton, Finland, Germany, Heidi Peltonen, Nordics, Outokumpu, ResponsibleSteel Certification, safety, sustainability, sustainable steel production, Sweden
(IN BRIEF) Lebohang Kganye has been awarded the esteemed £30,000 photography prize for her groundbreaking exhibition “Haufi nyana? I’ve come to take you home” at Foam, Amsterdam. Combining various artistic mediums, Kganye’s work delves into personal and familial histories in … Read the full press release
Posted in Art & Culture, Awards, Business, Financial, Germany, Industrial, Investment, Management, Media, News
Tagged Anne-Marie Beckmann, Award, Clare Grafik, Deutsche Börse AG, Innovative Exhibition, Lebohang Kganye, Photography Prize
(IN BRIEF) Qatar Free Zones Authority (QFZ) and Evonik, a leading specialty chemicals company, have signed a Memorandum of Understanding (MoU) at the Qatar Economic Forum to explore investment opportunities focused on sustainable energy transition solutions. The agreement aims to … Read the full press release
(IN BRIEF) LBBW celebrates the 25th anniversary of its Mumbai representative office, which has been instrumental in supporting German companies entering the Indian market and facilitating local business activities. Mumbai’s strategic location and vibrant business environment have contributed to the … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged 25 Years, Germany, INDIA, Jens Rübbert, LBBW, LBBW Mumbai, partnership, Sandeep Babbar
(IN BRIEF) At the Annual General Meeting in Frankfurt am Main, shareholders of Fresenius SE & Co. KGaA overwhelmingly approved proposals from the General Partner and the Supervisory Board. Chairman of the Supervisory Board, Wolfgang Kirsch, commended Fresenius’ resilience amidst … Read the full press release
Posted in Business, Financial, Germany, Healthcare, Industrial, Investment, Management, News, Science, Technology
Tagged #FutureFresenius Agenda, AGM, Financial, Fresenius, investment, Michael Sen, Wolfgang Kirsch
(IN BRIEF) Siltronic Portland proudly announces the inauguration of its advanced solar field, underscoring its commitment to sustainability and carbon footprint reduction. CFO Claudia Schmitt emphasizes sustainability as a core value, aligning with Siltronic AG’s ambitious climate action plan to … Read the full press release
(IN BRIEF) HENSOLDT AG’s Annual General Meeting, held at the Wappenhalle in Munich, witnessed significant shareholder representation with 78.36% of share capital present. All agenda items received strong endorsement, including the approval of a dividend distribution of EUR 0.40 per … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Financial, Giuseppe Panizzardi, HENSOLDT AG, investment
(IN BRIEF) TAKKT AG’s 25th Shareholders’ Meeting, held virtually, saw unanimous approval of agenda items including a dividend payout of EUR 1.00 per share. CEO Maria Zesch outlined strategic progress, emphasizing resilience and future growth targets. Departing Supervisory Board members … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Retail
Tagged appointment, Florian Funck, Hubertus Mühlhäuser, leadership, Maria Zesch, Stefan Räbsamen, TAKKT AG, Thomas Schmidt
(IN BRIEF) Following five days of rigorous negotiations, Telekom Germany has finalized a groundbreaking collective agreement affecting approximately 58,000 employees, apprentices, and dual students. The agreement, which marks the highest negotiation outcome in the company’s history, includes substantial benefits for … Read the full press release
Posted in Business, Germany, Industrial, Infrastructure & Utilities, Management, News, Technology, Telecom
Tagged AGREEMENT, Birgit Bohle, Deutsche Telekom, Germany, Peter Kespohl
(IN BRIEF) Uniper has entered into a share purchase agreement with Photon Energy Group for the acquisition of a 20.4 MW photovoltaic project in northeastern Poland, expected to close by the end of 2024. The move aligns with Uniper’s strategy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland
Tagged acquisition, partnership, Pawel Tarczewski, Poland, renewable energy, sustainability, Uniper
(IN BRIEF) PUMA and Borussia Dortmund have launched the 2024/25 Home kit, paying homage to the club’s rich heritage while incorporating modern design elements. The classic Black & Yellow kit features a sleek pinstripe flair, symbolizing Dortmund’s enduring legacy and … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Retail, Sports
Tagged 2024/25 Home Kit, Borussia Dortmund, Carsten Cramer, Marco Mueller, partnership, PUMA, sports, sustainability
(IN BRIEF) LANXESS, a specialty chemicals company, has introduced a new app designed for farmers and veterinarians to bolster biosecurity measures and safeguard livestock during disease outbreaks. The LANXESS Biosecurity Solutions app offers tailored functions including a product finder, push … Read the full press release
Posted in Agriculture, Business, Chemicals, Germany, Industrial, Management, News, Security & Safety, Technology
Tagged Biosecurity Solutions App, LANXESS, Livestock Protection
(IN BRIEF) Volvo Group and Daimler Truck have announced a preliminary agreement to establish a 50/50 joint venture aimed at leading the digital transformation to software-defined heavy-duty commercial vehicles. The joint venture, headquartered in Gothenburg, Sweden, will develop a common … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Commercial Vehicles, Daimler truck, Germany, Martin Daum, Martin Lundstedt, partnership, Software-Defined, sustainability, Volvo Group
(IN BRIEF) In a pioneering effort to advance robotics, Professor Majid Khadiv, TUM’s Professor of AI Planning in Dynamic Environments, is spearheading the development of ‘Automan’, an autonomous humanoid robot capable of undertaking dangerous or repetitive tasks. With a vision … Read the full press release
(IN BRIEF) BASF’s specialty foam Basotect® G+ is making waves at BMW Group’s Leipzig site, where it’s being utilized for acoustic damping in a preparation area within the body paint shop. The installation of Basotect® panels on walls and ceilings … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Acoustic Comfort, BASF, Basotect® G+, BMW, Leipzig Plant, partnership, sustainability
(IN BRIEF) In a collaborative effort to promote climate-friendly housing initiatives in Germany, the European Investment Bank (EIB) and Deutsche Bank have forged an agreement. Valued at over €600 million, the program will provide discounted mortgages to individuals seeking to … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Achim Kuhn, Climate-Friendly Housing, Deutsche Bank, DSL Bank, EIB, EIF, Germany, Marjut Falkstedt, Nicola Beer, partnership, sustainability
(IN BRIEF) Technology group Rheinmetall has secured substantial subsidies totaling around €7.7 million from the German federal government and the state of North Rhine-Westphalia for the development of innovative hydrogen and electrification solutions. These projects, in collaboration with industry and … Read the full press release
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
