(IN BRIEF) Daimler Truck has achieved a significant milestone by connecting over 1 million trucks and buses worldwide to its digital platform, marking a pivotal moment in its commitment to vehicle connectivity and digital innovation. Marcus Claesson, Daimler Truck’s CIO, … Read the full press release
Posted in Automotive, Business, Environment, Germany, Industrial, Management, News, Technology, Transportation & Logistics
Tagged Daimler truck, Marcus Claesson, Sanjiv Khurana, sustainability, transportation, vehicles
(IN BRIEF) Jenoptik, in partnership with a local Ecuadorian company, has been selected by the Ecuadorian National Traffic Commission (CTE) for a comprehensive 12-year project aimed at enhancing road safety throughout Ecuador. The initiative involves the deployment of over 120 … Read the full press release
Posted in Business, Electronics & Machinery, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged Alexis Collazo, cameras, Ecuador, Finbarr O'Carroll, Jenoptik, partnership, Traffic Safety Project
(IN BRIEF) Breakpoint Therapeutics GmbH, a company focused on developing drugs targeting the DNA Damage Response (DDR), has nominated its first preclinical development candidate, BTX-011, an inhibitor of polymerase theta (Pol θ / POLQ), for the treatment of solid tumors. … Read the full press release
(IN BRIEF) LPKF Laser & Electronics SE disclosed its financial performance for the fiscal year, registering a revenue of EUR 124.3 million and an EBIT of EUR 3.7 million, slightly lower than the previous year’s figures. Despite facing challenges such … Read the full press release
Posted in Business, Economy, Electronics & Machinery, Financial, Germany, Industrial, Investment, Management, News
Tagged Financial, investment, Klaus Fiedler, LPKF Laser & Electronics SE
(IN BRIEF) Evonik has been honored with the Asia-Pacific Bioprocessing Excellence Award (ABEA) for the second consecutive year, specifically in the category of Best New Bioprocessing Supplier Award: Upstream Processing, for its Cell Culture Solutions portfolio. As a crucial component … Read the full press release
(IN BRIEF) The German Bundeswehr has awarded Rheinmetall a contract worth €2.7 billion for the supply of up to 123 “Schwerer Waffenträger Infanterie” vehicles. These vehicles, intended to replace the Wiesel tracked vehicle, will be equipped with advanced weaponry and … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged Anthony Albanese, Armin Papperger, Australia, German Bundeswehr, Germany, Heavy Weapon Carrier, John Abunassar, Nathan Poyner, Olaf Scholz, partnership, Pat Conroy MP, Rheinmetall, Thomas Hitschler
(IN BRIEF) Continental’s PremiumContact 7 has clinched the top spot in the latest summer tire test conducted by Norwegian magazine Vi Bilägare, with results republished by Motor (Norway) and Tuulilasi (Finland). The test, comparing ten summer tires in the 215/55 … Read the full press release
Posted in Automotive, Awards, Business, Environment, Germany, Government, Management, News, Security & Safety, Technology
Tagged Awards, Continental, Philipp Mendelski, PremiumContact 7, safety, Scandinavia, Summer Tire Test, sustainability, Vi Bilägare
(IN BRIEF) Continental’s show truck, traversing over 50,000 kilometers throughout Europe, continues its mission to showcase innovative solutions for sustainable transportation. With stops in various countries, the roadshow offers interactive exhibitions covering key industry themes, including cost reduction strategies, digital … Read the full press release
(IN BRIEF) Siemens AG announces its acquisition of ebm-papst’s industrial drive technology (IDT) business, which specializes in intelligent, integrated mechatronic systems for various applications, including free-range driverless transport systems. This strategic move, involving around 650 employees, aims to enhance Siemens’ … Read the full press release
(IN BRIEF) Douglas AG (ISIN: DE000BEAU7Y1) marks a significant milestone as it joins the Prime Standard of the Frankfurt Stock Exchange, commencing trading with an initial listing price of EUR 25.50. The company’s IPO, led by Citigroup, Goldman Sachs, and … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, International Trade, Investment, Management, News
Tagged Douglas AG, Financial, Frankfurt Stock Exchange, investment, partnership
(IN BRIEF) NORMA Group, headquartered in Maintal, Germany, has been acknowledged for its exemplary commitment to employee safety by the independent rating agency Sustainalytics. The company’s occupational safety management played a pivotal role in achieving a “Top Industry Rated” status, … Read the full press release
(IN BRIEF) Infineon Technologies AG and Ekkono Solutions have joined forces to address the unique challenges faced by automotive component suppliers and OEMs in ensuring optimal vehicle performance and safety. Leveraging Infineon’s AURIX™ microcontroller family, Ekkono offers a sophisticated software … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged AI Development, AURIX™ microcontrollers, automotive, Ekkono, Infineon, partnership, Rikard König, sustainability, Sweden, Thomas Boehm
(IN BRIEF) ProCredit Group, predominantly active in South Eastern and Eastern Europe, unveils a robust financial performance for the year 2023, reporting a net profit of EUR 113.4 million with a return on equity (RoE) of 12.2%. Operating income surged … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged Financial, Hubert Spechtenhauser, investment, ProCredit Group, sustainability, sustainable growth
(IN BRIEF) ProCredit Group, with a focus on South Eastern and Eastern Europe, unveils its Impact Report for the 2023 financial year, showcasing its robust commitment to sustainability. The report highlights achievements such as the inauguration of the “ProEnergy” solar … Read the full press release
(IN BRIEF) Professor Abigail Fraser, leading a team from the University of Bristol, partners with researchers in the Netherlands to investigate the links between maternal vascular malperfusion (MVM) in placentas and future heart and circulatory diseases. Funded by the British … Read the full press release
Posted in Business, Education, European Union, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, Netherlands, News, Science, Technology, United Kingdom
Tagged British Heart Foundation (BHF), Dr Casper Mihl, Dutch Heart Foundation (DHF), German Centre for Cardiovascular Research (DZHK), Heart Risks Post-Pregnancy, maternal vascular malperfusion (MVM), Netherlands, partnership, Professor Abigail Fraser, Professor Metin Avkiran, sustainability, University of Bristol
(IN BRIEF) Standard Chartered and DHL Express have entered a strategic partnership to advance the use of Sustainable Aviation Fuel (SAF) through DHL’s GoGreen Plus service. This collaboration enables Standard Chartered to offset CO2 emissions associated with its upstream logistics … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Transportation & Logistics
Tagged DHL Express, Khuresh Faizullabhoy, partnership, Singapore, Standard Chartered, sustainability, sustainable aviation fuel, Yung C. Ooi
(IN BRIEF) trinamiX GmbH introduces a revolutionary Consumer Spectroscopy solution at BEAUTY in Düsseldorf, showcasing the world’s first NIR spectrometer that fits into smartphones or handheld devices for cosmetic applications. This innovation enables consumers to conduct non-invasive molecular analysis of … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Chemicals, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged BASF, BEAUTY 2024, Consumer Use, Düsseldorf, NIR Spectrometer, partnership, Revea, skin care, technology, trinamiX, Troels Marstrand, Wilfried Hermes
(IN BRIEF) Deutsche Bahn (DB) celebrated the completion of its ICE 4 fleet with the delivery of the 137th train, named “Spree,” in Berlin. The event was attended by key figures including Richard Lutz, CEO of DB, and Roland Busch, … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged "Spree" Train, Deutsche Bahn, ICE 4 Fleet, Manja Schreiner, Michael Peterson, partnership, Richard Lutz, Roland Busch, Siemens, sustainability, Volker Wissing
(IN BRIEF) The Otto Group announces its bold climate targets aiming to reduce greenhouse gas emissions by 42% by 2031 compared to 2021, validated by the Science Based Targets Initiative (SBTi). Setting a precedent in the industry, the Group integrates … Read the full press release
Posted in Business, Environment, Germany, Industrial, Management, News, Retail
Tagged Alexander Birken, climate targets, Otto Group, Prof Dr Tobias Wollermann, sustainability
(IN BRIEF) Fresenius Medical Care (FME), a global leader in renal disease solutions, unveils a pioneering Augmented Reality (AR) application aimed at revolutionizing training for Intensive Care Unit (ICU) nursing staff. The AR glasses, coupled with digital learning modules, offer … Read the full press release
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