(IN BRIEF) Heidelberg Materials North America is acquiring Giant Cement Holding Inc. (GCHI) and its subsidiaries for $600 million to expand its presence in the Southeastern U.S. and New England. The deal includes a cement plant in South Carolina, multiple … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged acquisition, Chris Ward, Dr. Dominik von Achten, Dragon Products Company, Giant Cement Company, Giant Cement Holding Inc. (GCHI), Giant Resource Recovery, Heidelberg Materials, partnership, sustainability, USA
(IN BRIEF) Continental is expanding the use of recycled polyester yarn made from PET bottles in its tire production, increasing the average recycled material content by three percent across many tire lines. This innovation, driven by the company’s ContiRe.Tex technology, … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Continental, INNOVATION, Jorge Almeida, recycled PET bottles, sustainability, tire production
(IN BRIEF) Stegra has partnered with Uniper in a six-year power purchase agreement to supply 6 TWh of electricity to its green steel production plant in Boden, Sweden, from 2027 to 2032. The electricity will power a 700MW electrolysis plant … Read the full press release
(IN BRIEF) Bolk Transport has added two new Mercedes-Benz Arocs 8×4 trucks to its fleet for heavy-duty transportation across Europe. Equipped with 630 horsepower and a fluid coupling, these trucks can handle loads up to 250 tons, replacing older models … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Netherlands, News, Technology, Transportation & Logistics
Tagged Arocs 8x4 Trucks, Bolk Transport, Daimler truck, Erik Maassen van den Brink, Heavy-Duty Fleet, Mercedes-Benz, Netherlands, partnership, sustainability
(IN BRIEF) The European Commission has approved Theralugand®, Eckert & Ziegler’s high-purity Lutetium-177 chloride, for routine clinical use across the European Economic Area. This approval allows its application in targeted cancer therapies, such as for neuroendocrine tumors and metastatic prostate … Read the full press release
Posted in Business, Financial, Germany, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Security & Safety, Technology
Tagged Cancer Therapies, Dr. Harald Hasselmann, Eckert & Ziegler, EU, Healthcare, safety, Theralugand®, wellness
(IN BRIEF) Bechtle has appointed Christian Speck as Vice President Switzerland, effective January 1, 2025. Speck, currently Managing Director of Bechtle Schweiz AG, will oversee all Swiss operations and integrate the company’s sales channels to enhance customer support and cross-channel … Read the full press release
(IN BRIEF) Schaeffler AG is restructuring its European operations to enhance competitiveness and align with industry changes. Key measures include closing the Berndorf, Austria, facility and shifting production to more cost-efficient sites, consolidating operations at Brasov, Romania, and realigning production … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged competitiveness, INNOVATION, Matthias Zink, Sascha Zaps, Schaeffler
(IN BRIEF) Volkswagen and SAIC Motor have extended their joint venture, SAIC VOLKSWAGEN, until 2040, marking 40 years of partnership. The agreement accelerates the transformation of China’s automotive industry through electrification, innovation, and sustainability under Volkswagen’s “In China, for China” … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged CHINA, Decarbonized Mobility, ELECTRIC, partnership, Ralf Brandstätter, SAIC, SAIC Volkswagen, sustainability, Volkswagen, Wang Xiaoqiu
(IN BRIEF) Boehringer Ingelheim has launched VETMEDIN® Solution, the first FDA-approved liquid treatment for congestive heart failure (CHF) in dogs caused by myxomatous mitral valve disease (MMVD) or dilated cardiomyopathy (DCM). The solution provides a convenient, twice-daily alternative to tablets, … Read the full press release
(IN BRIEF) MAHLE is leading a €5.1 million, three-year project funded by Germany’s Federal Ministry for Economic Affairs and Climate Action to develop hydrogen-based powertrain solutions for construction and agricultural machinery. The initiative, involving partners like DEUTZ, KIT, and Claas, … Read the full press release
(IN BRIEF) German businesses increased climate-related investments to €85 billion in 2023, a 12.1% rise from 2022, driven primarily by large enterprises. While large firms invested €50 billion (a 19% inflation-adjusted growth), SME investments fell to €35 billion, down 10% … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Industrial, Investment, Management, News
(IN BRIEF) TÜV Rheinland Shenzhen has been authorized to provide comprehensive testing services for key wireless communication protocols, including Thread, Matter 1.4, and Zigbee-compliant platforms. This authorization strengthens TÜV Rheinland’s leadership in wireless device certification, supporting the growing demand for … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Internet & Online, Investment, Management, News, Security & Safety, Technology
Tagged certification services, CHINA, INNOVATION, IoT Integration, Jay Yang, Matter 1.4, partnership, SECURITY, smart home, Thread, TÜV Rheinland, ZigBee
(IN BRIEF) Infineon Technologies has introduced the EiceDRIVER™ Power 2EP1xxR family, a new line of full-bridge transformer drivers designed for IGBT, SiC, and GaN gate driver power supplies. These devices offer a cost-effective, space-saving solution for isolated gate drivers, particularly … Read the full press release
(IN BRIEF) ABL has been awarded a contract to provide Marine Warranty Survey (MWS) services for Iberdrola’s 315 MW Windanker offshore wind farm in the Baltic Sea, off Germany’s coast. ABL Germany, based in Hamburg, will oversee the safe and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged ABL, Germany, Iberdrola, Marine Warranty Survey, partnership, sustainability, Tilo Klappenbach, Windanker Offshore Wind Farm
(IN BRIEF) Continental has introduced ATE SecuBrake, the first sustainably produced DOT 4 brake fluid free from hazardous materials requiring special labelling. Part of the ATE New Original line, it is designed for advanced braking systems, including those in electric … Read the full press release
(IN BRIEF) DB Schenker has implemented remote-controlled forklifts at its Kassel, Germany, logistics site, allowing drivers to operate multiple vehicles remotely using enabl Technologies’ platform. This innovation addresses staff shortages, boosts efficiency, and supports automation. After nine months of successful … Read the full press release
(IN BRIEF) Bechtle AG will reorganize its Executive Board from 1 January 2025, consolidating all sales channels within individual country markets to strengthen its multi-channel approach and international presence. COO Michael Guschlbauer will oversee operations in Germany, Austria, and specialist … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged appointment, Bechtle AG, Konstantin Ebert, leadership, Michael Guschlbauer
(IN BRIEF) Encavis AG has successfully fulfilled all conditions for its voluntary public takeover by Elbe BidCo AG, a KKR-led consortium, which now holds 87.73% of Encavis shares after acquiring 87.41% at EUR 17.50 per share. The partnership, formalized through … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged acquisition, Dr. Christoph Husmann, Elbe BidCo AG, Encavis, investment, KKR, Max Viessmann, partnership, Tobias Krauss, Vincent Policard, Voluntary Public Takeover
(IN BRIEF) Mercedes-Benz Vans Central and Eastern Europe (CEE) has partnered with E.ON to launch a comprehensive B2B Charging Infrastructure initiative across Romania, Czech Republic, Slovakia, and Hungary. The collaboration aims to support businesses transitioning to electric mobility by providing … Read the full press release
Posted in Automotive, Business, Czech Republic, Environment, Financial, Germany, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania, Slovakia, Technology, Transportation & Logistics
Tagged Alexandru Rugina, Andrea Kramer, Central and Eastern Europe (CEE), Czech Republic, Davide Villa, E.ON, EV charging infrastructure, Hungary, Mercedes-Benz Vans, partnership, Romania, Slovakia, Stephan Kunze, sustainability
(IN BRIEF) Vodafone’s Safer Transport for Europe Platform (STEP) underwent successful public road tests in Berlin, demonstrating its ability to enhance road safety by connecting road users, transport authorities, and infrastructure. Compatible with third-party apps and in-vehicle systems, STEP was … Read the full press release
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