(IN BRIEF) Daimler Truck and Volvo Group have signed a binding agreement to create a 50/50 joint venture focused on developing a software-defined vehicle platform for heavy-duty vehicles. This new company, based in Gothenburg, Sweden, aims to set a new … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged acquisition, Commercial Vehicles, Daimler truck, digital transformation, Karin Rådström, Martin Lundstedt, partnership, sustainability, Sweden, Volvo Group
(IN BRIEF) JOST, a global leader in safety systems for commercial vehicles, joined the AeroAlliance platform in September 2024. This partnership aims to promote innovative aerodynamic solutions for trailers, targeting reduced energy consumption and improved fleet efficiency. Aligned with the … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged AeroAlliance, Dr. Rainer Buffo, INNOVATION, JOST, Michael Fischer, partnership, sustainability, Trailer Aerodynamics, USA
(IN BRIEF) The Fielmann Group has been awarded a C+ Prime Status ESG rating in the Healthcare category by ISS ESG, a major firm in sustainable investment assessments. This marks the first time the global eyewear and eyecare provider has … Read the full press release
(IN BRIEF) Evonik recently celebrated 50 years of methionine production at its Antwerp site, a crucial location in its global production of MetAMINO® for animal feed. The anniversary highlighted Antwerp’s role in Evonik’s international network and emphasized the company’s call … Read the full press release
Posted in Belgium, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, Media, News
Tagged Antwerp, Belgium, Dr. Gaetano Blanda, Evonik, Johann-Caspar Gammelin, MetAMINO®, Methionine Production, partnership, sustainability
(IN BRIEF) Rheinmetall has delivered 20 more Marder 1A3 Infantry Fighting Vehicles (IFVs) to Ukraine, funded by the German government, as part of ongoing support against Russian aggression. This brings Rheinmetall’s total IFV and tank deliveries to Ukraine to around … Read the full press release
(IN BRIEF) Deka Immobilien has sold a shopping centre in Torres Novas, Portugal, from one of its institutional real estate funds to the Fundo Iberia Shoppings fund, recently launched by Brazilian bank BTG Pactual and Renato Rique of Allos S/A. … Read the full press release
(IN BRIEF) ZEISS hosted its first-ever “Quality Innovation Summit” in Berlin, bringing together 2,000 industry leaders, experts, and innovators to discuss advancements in metrology, AI, automation, and digitalization. Over three days, participants engaged in panel discussions, explored cutting-edge technologies in … Read the full press release
(IN BRIEF) voestalpine has announced the sale of its German subsidiary, Buderus Edelstahl, to Mutares SE & Co. KGaA, a prominent investment company. The agreement, signed on October 23, 2024, is awaiting regulatory approval and is expected to be finalized … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, Technology
Tagged acquisition, Buderus Edelstahl, Germany, Herbert Eibensteiner, High-Performance Materials, Johannes Laumann, Mutares, partnership, Reinhard Nöbauer, sustainability, voestalpine
(IN BRIEF) Siemens and ServiceNow have partnered to enhance shopfloor operations by integrating AI-powered automation and improving industrial cybersecurity. This collaboration, announced at the ServiceNow World Forum in Munich, merges Siemens’ Sinec Security Guard for vulnerability management with ServiceNow’s workflow … Read the full press release
(IN BRIEF) A new study by Software AG reveals that 50% of employees are using Shadow AI—personal AI tools not provided by their companies—with 46% unwilling to stop using them even if banned. With 75% of knowledge workers already utilizing … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Germany, Industrial, Internet & Online, Investment, Management, News, Technology
Tagged AI Strategies, businesses, J-M Erlendson, Shadow AI, Software AG, Steve Ponting
(IN BRIEF) Pilkington Italy has ordered a second DeNOx gas purification system from GEA for its San Salvo glass production facility on the Adriatic coast. This follows the successful installation of the first system in 2020, which significantly reduced nitrogen … Read the full press release
(IN BRIEF) Mercedes-Benz has introduced advanced safety features in its Econic waste collection vehicles, including the fourth-generation Active Brake Assist system, which detects pedestrians and automatically initiates partial braking to avoid collisions. Additionally, Sideguard Assist helps drivers navigate urban environments … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged Active Brake Assist 4, Active Brake Assist system, Collision Prevention Systems, Daimler truck, Econic waste collection vehicles, Mercedes-Benz, pedestrian detection, safety, Sideguard Assist
(IN BRIEF) Autoservizi Troiani is expanding its electric bus fleet with the acquisition of 110 all-electric Mercedes-Benz eCitaro buses, to be delivered by mid-2026. This move supports the company’s goal of fully transitioning to electric public transport in the eastern … Read the full press release
(IN BRIEF) The Würth Group has successfully issued a EUR 500 million bond with a nearly 7-year term and a 3% fixed interest rate. The bond issuance follows a well-received European roadshow, where Würth presented its strategic plans and financial … Read the full press release
Posted in Business, Economy, Financial, Germany, Government, Industrial, Investment, Management, Metals and Minerals, Netherlands, News
Tagged economy, Financial, investment, liquidity, Ralf Schaich, Würth Group
(IN BRIEF) The European Food Safety Authority (EFSA) has confirmed the safety of silicon dioxide (E 551) as a food additive, including its use in infant food, after a recent scientific review. Evonik, a major producer of silica, welcomed this … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Management, Marketing, News, Security & Safety, Technology
Tagged AEROSIL, European Food Safety Authority (EFSA), Evonik, FOOD, safety, Silica Products, Silicon Dioxide, SIPERNAT®, sustainability, ZEOFREE®
(IN BRIEF) The European Investment Bank (EIB) and Deutsche Leasing have signed the second tranche of a €560 million project to support the green transformation of small and medium-sized enterprises (SMEs) and mid-caps in Germany and Eastern Europe. With €200 … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Deutsche Leasing, EIB, Financial, Germany, Nicola Beer, partnership, small businesses, sustainability
(IN BRIEF) Lindner has launched the Lindner Life Stereo GCC, a sustainable glass partition system that replaces aluminium frames with those made from German Compact Composite (GCC), a material consisting of up to 75% natural fibres sourced from wood waste. … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged eco-friendly, German Compact Composite (GCC), Glass Partitions, INNOVATION, Lindner, Lindner Life Stereo GCC, sustainability, Wood Composite Frames
(IN BRIEF) Landis+Gyr has upgraded its INCH Duo charging station to meet the PAS 1899 specification, aimed at improving accessibility for all users, including those with disabilities. The PAS 1899 guidelines, developed in collaboration with Motability and the Office for … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Society, United Kingdom
Tagged Accessibility Standards, EV charging, INCH Duo Charger, inclusivity, Landis+Gyr, Mark Coley, Motability, Office for Zero Emission Vehicles (OZEV), partnership, PAS 1899, safety, sustainability, UK
(IN BRIEF) At the AUSA 2024 conference, HENSOLDT and Raytheon signed a Memorandum of Understanding (MoU) to enhance cooperation on Electro-Optical/Infrared (EO/IR) systems for NATO forces. The agreement aims to improve sustainment and readiness by bringing support closer to operational … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Security & Safety, Technology
Tagged AUSA 2024, Electro-Optical/Infrared (EO/IR) Systems, Hensoldt, NATO, partnership, Raytheon, Tanya Altmann, USA
(IN BRIEF) The Elia Group’s new study, “Going like the Wind”, emphasizes the need for stronger cross-border cooperation among European nations to unlock the full potential of offshore wind power in the North Sea, Baltic Sea, Irish Sea, and parts … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 50Hertz, ELIA Group, offshore wind power, partnership, sustainability
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