(IN BRIEF) Siemens Mobility is investing $60 million to build North America’s first high-speed rail manufacturing facility in Horseheads, New York. The nearly 300,000 sq. ft. plant will create 300 jobs and produce the American Pioneer 220 trainsets for the … Read the full press release
(IN BRIEF) Siemens has partnered with DMG MORI and Renishaw to enhance its Siemens Xcelerator platform, offering new scalable solutions for machine tools. Renishaw’s tool condition monitoring system, combined with Siemens software, automates tool wear detection and improves manufacturing traceability. … Read the full press release
Posted in Automotive, Aviation & Aerospace, Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged digital transformation, DMG MORI, partnership, RENISHAW, Scalable Machine Tool Solutions, Siemens, sustainability, UK
(IN BRIEF) Volkswagen Passenger Cars and SEAT S.A. have announced a leadership change in their finance departments, effective October 1, 2024. Patrik Andreas Mayer will become SEAT’s new Chief Financial and IT Officer, while David Powels, currently in that role, … Read the full press release
Posted in Automotive, Business, Financial, Germany, Government, Industrial, Investment, Management, News, Spain, Technology
Tagged appointment, David Powels, finance, IT Departments, leadership, Patrik Andreas Mayer, SEAT, Thomas Schäfer, Volkswagen, Wayne Griffiths
(IN BRIEF) The Lindner Group has introduced Acustica, a sustainable acoustic panel made from 100% polyester, offering an eco-friendly alternative to traditional mineral wool. Acustica enhances room acoustics, provides flame retardancy, and is fully recyclable, making it a sustainable choice … Read the full press release
(IN BRIEF) The “Smart Vineyard” project in Germany’s Moselle Valley, supported by Deutsche Telekom’s 5G campus network, is modernizing traditional winemaking through automation and real-time data analysis. Using 5G-connected robots and AI, the project helps winemakers perform labor-intensive tasks such … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged 5G technology, Deutsche Telekom, Germany, Mathias Poeten, Moselle Region, partnership, Smart Vineyard, sustainability, Viticulture
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a $60 million loan to Borusan EnBW Enerji to support the development of 116 MW of onshore wind-energy capacity in Türkiye’s Sivas and Tekirdağ provinces. This investment is … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Türkiye, United Kingdom
Tagged Aida Sitdikova, Borusan EnBW Enerji, EBRD, Germany, partnership, renewable energy, sustainability, Turkey
ASTOR ASSET MANAGEMENT 3 LTD INVESTIGATES POTENTIAL LEGAL ACTION OVER ALLEGED STOCK PLEDGING AND MARKET MISCONDUCT (IN BRIEF) Astor Asset Management 3 Ltd is forming a class action lawsuit against Mr. Ricardo Benjamín Salinas Pliego and Grupo Elektra (ELEKTRA) for … Read the full press release
Posted in Business, Financial, Germany, Investment, Law
Tagged Advance America, astor, astor asset management, Astor Asset Management 3 Ltd, class action, class action lawsuit, CNBV, Comisión Nacional Bancaria y de Valores, Corporación RBS SA de CV, ELEKTRA, elektra.mx, grupo elektra, Grupo Elektra S.A.B. de C.V., lawsuit, loans, Mexican regulatory authorities, payday loan company, pledges of shares, regulatory obligations, ricardo benjamin salinas pliego, salinas pliego, securities backed loan, Securities Fraud, securities regulations, Stock Manipulation, trades, Transparency in Insider Trading
(IN BRIEF) Schneider Electric has launched a new AI-powered feature for its Wiser Home app, enhancing energy management for homes. This feature optimizes the use of water heaters and electric vehicle chargers by learning from user habits, weather forecasts, and … Read the full press release
Posted in Artificial Intelligence (AI), Austria, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Spain, Technology
Tagged AI-Enhanced, Austria, Energy management, France, Germany, Michael Lotfy Gierges, PORTUGAL, Schneider Electric, Spain, sustainability, Wiser Home App
(IN BRIEF) Schaeffler Vehicle Lifetime Solutions has launched the E-Axle RepSystem-M repair kit for the first-generation Hyundai Ioniq’s e-axles, showcased at Automechanika Frankfurt. This kit allows for cost-effective replacement of defective bearings, previously requiring a full motor or axle replacement. … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged E-Axle Repair Kit, Electric Motor Maintenance, Hyundai Ioniq, Maik Evers, Schaeffler
(IN BRIEF) LANXESS has won the ICIS Innovation Award 2024 for its development of high-quality iron oxides used in lithium iron phosphate (LFP) battery cathodes. This recognition underscores LANXESS’ role in advancing Western value chains for LFP technology. The company … Read the full press release
Posted in Awards, Business, Chemicals, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Awards, Bayoxide, ICIS Innovation Award, LANXESS, LFP Battery, Michael Ertl
(IN BRIEF) Topsoe, a leader in carbon emission reduction technologies, has celebrated a successful year-long partnership with Nagarro, a digital engineering and technology solutions provider. Nagarro has delivered exceptional support for Topsoe’s SAP applications and Salesforce services, enhancing the scalability … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Denmark, innovative, Jakob Flyvholm, Michael Møller, Nagarro, partnership, Salesforce Solutions, SAP, sustainability, Topsoe
(IN BRIEF) Bechtle AG has set a new record by welcoming 286 new trainees and dual-study students this September, bringing the total to 873. This milestone highlights the company’s commitment to developing young talent in both technical and commercial fields. … Read the full press release
Posted in Business, Education, Germany, Industrial, Management, News, Technology
Tagged Academic Year, Bechtle, Dr Thomas Olemotz, partnership, trainees
(IN BRIEF) TÜV Rheinland is participating in ReThink HK 2024, showcasing its advanced sustainability solutions. At the event, the company will highlight its role in fostering a circular economy and promoting green technologies. Key activities include a workshop on integrating … Read the full press release
Posted in Awards, Business, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Awards, Green Innovation, ReThink HK 2024, sustainability, TÜV Rheinland
(IN BRIEF) Landis+Gyr is moving its global headquarters for Thermal Energy & Water Metering Solutions to a new, advanced facility at the Marienberg Innovation Campus in Nuremberg, Germany. Set to open in late 2027, the state-of-the-art building will include Industry … Read the full press release
(IN BRIEF) ZEISS Semiconductor Manufacturing Technology (SMT) is acquiring the Lithography division of Beyond Gravity, based in Zurich, Switzerland, and Coswig, Germany. This acquisition aims to boost ZEISS SMT’s production and research capabilities to meet rising global demand for semiconductor … Read the full press release
(IN BRIEF) Ramboll has acquired SCC Scientific Consulting Company, enhancing its Health Sciences division. SCC, a leading European regulatory consultancy with expertise in agrochemicals, biocides, chemicals, and medical devices, brings 160 experts to Ramboll, expanding its team to over 340. … Read the full press release
Posted in Business, Denmark, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Science, Technology
Tagged acquisition, Dr Friedbert Pistel, Florian Pistel, Germany, Health Sciences, Martina Vosteen, partnership, Philippa Spence, Ramboll, SCC Scientific Consulting Company, sustainability
(IN BRIEF) Ludwig Maximilian University of Munich (LMU) has been awarded six prestigious Starting Grants from the European Research Council (ERC) to early-career researchers. Each grant, valued at approximately €1.5 million, supports projects across diverse fields including Geology, Quantum Physics, … Read the full press release
Posted in Awards, Business, Education, Financial, Germany, Industrial, Investment, Management, News, Science, Technology
Tagged Awards, Dr. Anna Schroeder, Dr. Markus Dierigl, Dr. Sébastien Rivat, European Research Council (ERC), Innovative Early-Career Research, LMU, Prof. Aaron Bufe, Prof. Anna-Sophia Wahl, Prof. Carolin Wendling, Starting Grants
(IN BRIEF) MAHLE SmartBike Systems has introduced a groundbreaking accessory, the Energy Hub, designed to enhance the eBike charging experience. This ultra-lightweight platform, weighing just 181 grams and measuring 90 millimeters in diameter, provides a streamlined solution for recharging the … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Spain, Technology
Tagged cyclists, Energy Hub, innovative, MAHLE, partnership, Spain, sustainability
(IN BRIEF) Boehringer Ingelheim and CDR-Life have reported positive results from the Phase I trial of BI 771716, an investigational treatment for geographic atrophy (GA), a severe form of age-related macular degeneration. The antibody fragment met its primary safety endpoints, … Read the full press release
(IN BRIEF) Henkel and 4JET have unveiled a new technology called Loctite LASER-FIT, designed to produce ultra-quiet tires specifically for electric vehicles (EVs). This innovative process integrates acoustic foam directly into the tire during manufacturing, significantly reducing both production costs … Read the full press release
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