(IN BRIEF) Outokumpu, in line with its company strategy announced in November 2023, has concluded negotiations with employee representatives regarding restructuring measures in Germany. The plan involves shutting down operations at the Dahlerbrück and Hockenheim sites and centralizing advanced materials … Read the full press release
Posted in Business, Financial, Finland, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News
Tagged Germany, Outokumpu, partnership, Restructuring Negotiations, Thomas Anstots
(IN BRIEF) Nadia Calviño, President of the European Investment Bank Group, participates in the 2024 Financing for Development Forum at the United Nations in New York. The forum, convened by the United Nations Economic and Social Council (ECOSOC), aims to … Read the full press release
(IN BRIEF) The University of Liverpool, in collaboration with the UK Shipping Concierge, organized the Maritime Breakfast Exchange at the British Consulate in Hong Kong, providing a platform for maritime leaders from Hong Kong and the UK to discuss collaborative … Read the full press release
(IN BRIEF) Ericsson India and the Foundation for Innovation & Research in Science & Technology (F.I.R.S.T) at Indian Institute of Technology (IIT) Kanpur have announced a two-year strategic partnership aimed at driving innovation in Mobile Financial Services (MFS) and Fintech … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology, Telecom
Tagged Ericsson, financial innovation, Foundation for Innovation & Research in Science & Technology (F.I.R.S.T), IIT Kanpur, INDIA, Michael Wallis-Brown, Nitin Bansal, partnership, Prof. Ankush Sharma, sustainability
(IN BRIEF) In a recent analysis, Helge Pedersen, Nordea Group Chief Economist, emphasizes the global economic resilience, signaling a potential soft landing. However, strong labor markets pose challenges for monetary policy, especially with the new geopolitical dynamics. While Norway and … Read the full press release
Posted in Banks, Business, Economy, Financial, Finland, Government, Industrial, Investment, Management, News
Tagged economic resilience, Financial, global challenges, Helge Pedersen, investment, Nordea Group
(IN BRIEF) Bechtle Group is launching a new subsidiary, Bechtle Additive Manufacturing Deutschland GmbH, in May 2024, dedicated to marketing industrial 3D printing solutions. Stemming from the successful track record of Bechtle PLM Deutschland, this spin-off aims to capitalize on … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged 3D printing solutions, Bechtle, Industrial, partnership, Patrick Schnizler, sustainability, Uwe Burk
(IN BRIEF) KSB, a leading manufacturer of pumps and valves, has announced plans to expand the production of Eta pumps at its headquarters in Frankenthal, Germany, making it the center of excellence for the latest generation of electronically controlled pumps … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Dr. Stephan Timmermann, Eta Pumps, Germany, KSB, partnership, sustainability
(IN BRIEF) TotalEnergies and Vanguard Renewables have established an equally owned joint venture to accelerate the development, construction, and operation of Farm Powered® renewable natural gas (RNG) projects in the United States. The agreement, signed in New York, marks a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Doug Vaccari, Larry Fink, Neil H. Smith, Olivier Guerrini, partnership, Patrick Pouyanné, Renewable Natural Gas Projects, sustainability, TotalEnergies, US, Vanguard Renewables
(IN BRIEF) TotalEnergies EP Congo, an 85%-owned affiliate of TotalEnergies, has inked a deal with Trident Energy, involving the acquisition of an additional 10% interest in the Moho license and the sale of its 53.5% interest in the Nkossa and … Read the full press release
(IN BRIEF) SFC Energy AG, a leading supplier of hydrogen and methanol fuel cells, has partnered with ConnectCom Sarl to develop a customized emergency power solution. The collaboration involves supplying stationary EFOY H₂Cabinet X series units and utilizing the H₂Genset … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Claude Dupont, ConnectCom Sarl, Dr. Peter Podesser, Emergency Power Solutions, Luxembourg, partnership, SFC Energy, sustainability
(IN BRIEF) Hexagon, a global leader in digital reality solutions, has announced the acquisition of Xwatch Safety Solutions, a provider of machine control hardware and software technologies for enhancing safety protocols on construction sites. Xwatch’s solutions, including height control and … Read the full press release
(IN BRIEF) Vodafone has announced a collaboration with Google aimed at simplifying cloud connectivity for businesses. This partnership involves the creation of one of the largest cloud-based software-defined wide area networks (SD-WANs) globally, providing customers with a virtual overlay on … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged businesses, Fanan Henriques, Google, Keith McCallion, Nadia Benabdallah, partnership, Streamline Cloud Connectivity, vodafone
(IN BRIEF) After over 17 years in orbit, NASA’s CloudSat satellite, constructed by BAE Systems, has concluded its mission, providing crucial data on cloud profiles and properties to improve weather prediction models. Launched in 2006, CloudSat was part of a … Read the full press release
(IN BRIEF) Investitionsbank Berlin (IBB) is expanding its support for small and medium-sized enterprises (SMEs) in Berlin through a €24.5 million counter-guarantee provided by the European Investment Fund (EIF). This backing, facilitated by the InvestEU programme, allows IBB to enhance … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Berlin, European Investment Fund, Franziska Giffey, Hinrich Holm, Marjut Falkstedt, Nicola Beer, nvestitionsbank Berlin (IBB), partnership, SME, sustainability
(IN BRIEF) JT Group Limited has emerged as the first Channel Partner to offer Vodafone’s Scam Signal, a groundbreaking service designed to fortify fraud defenses for financial institutions. Developed by Vodafone Carrier Services, Scam Signal aims to combat impersonation scams, … Read the full press release
Posted in Business, Financial, Government, Industrial, Internet & Online, Investment, Law, Management, News, Security & Safety, Technology, Telecom, United Kingdom
Tagged Fanan Henriques, financial fraud, JT Group, partnership, Peter Stok, Scam Signal, Scott Taylor, SECURITY, vodafone
(IN BRIEF) DHL Freight has introduced its first fully electric heavy tractor-trailers, Mercedes-Benz eActros 300, in Germany, marking a significant step towards reducing greenhouse gas emissions in delivery and distribution transport. Deployed at the Koblenz and Hagen sites, these vehicles … Read the full press release
(IN BRIEF) International technology group ANDRITZ has secured an order from PT. Pabrik Kertas Indonesia (PT. Pakerin) to revamp two existing OCC lines at its mill in Surabaya, Indonesia. The overhaul aims to significantly enhance pulp quality, boosting competitiveness, operational … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, Indonesia, OCC Lines, partnership, PT. Pakerin, Suryomurti, sustainability
(IN BRIEF) Vattenfall and BASF have finalized an agreement for the sale of 49 percent of Vattenfall’s Nordlicht 1 and 2 wind farms to BASF, deepening their collaboration in renewable energy. Nordlicht, Vattenfall’s largest offshore wind project to date, is … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged acquisition, Anna Borg, BASF, Germany, Martin Brudermüller, Nordlicht Wind Farm, partnership, renewable energy, sustainability, Vattenfall
(IN BRIEF) Rolls-Royce has secured a $1 million contract from NASA’s Glenn Research Center to develop an Advanced Closed Brayton Cycle converter for next-generation space-based nuclear microreactors. Over a 12-month period, Rolls-Royce LibertyWorks will design a closed-cycle Brayton power conversion … Read the full press release
(IN BRIEF) A groundbreaking ceremony in Lägerdorf, Schleswig-Holstein, marked the official start of construction for one of the world’s first carbon-neutral cement plants. Notable attendees included Dr. Robert Habeck, Vice Chancellor and Federal Minister for Economic Affairs and Climate Protection, … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged Andreas X. Müller, Carbon-Neutral Cement, Daniel Günther, Dr. Cetin Nazikkol, Dr. Robert Habeck, holcim, Innovative Plant, Lägerdorf, partnership, sustainability, Thorsten Hahn, ThyssenKrupp, “pure oxyfuel” technology
(IN BRIEF) In a significant collaboration for Earth Day 2024, Covestro Taiwan and Chaoyang University of Technology have signed a Corporate Social Responsibility (CSR) plus University Social Responsibility (USR) MOU. This partnership expands their existing cooperation to develop an environmental … Read the full press release
Posted in Business, Chemicals, Education, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Chaoyang University of Technology, Covestro, Covestro Taiwan, Dr. Carsten Wildebrand, Dr. Dao-Ming Cheng, Dr. Joerg Polster, Environmental Education, partnership, sustainability
(IN BRIEF) Neste, a global leader in renewable fuels and sustainable feedstock, is showcasing its Neste RE™ feedstock at Chinaplas 2024 in Shanghai. Neste RE™, derived from bio-based and chemically recycled materials, offers a significant reduction in the carbon footprint … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Finland, Government, Industrial, Investment, Management, Media, News
Tagged Carrie Song, Neste, Neste RE™, Plastics Manufacturing, Renewable and Recycled Feedstock, sustainability
(IN BRIEF) Logicor, Europe’s leading logistics real estate owner, manager, and developer, has completed the installation of a 532 kWp photovoltaic (PV) plant near Girona, Spain. This initiative aims to reduce carbon emissions by 180 tons annually while providing sustainable … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, Transportation & Logistics, United Kingdom
Tagged Logicor, logistics, partnership, Pilar Valencia, Solar Initiative, Spain, sustainability
(IN BRIEF) Sand to Green, a beneficiary of the EBRD Star Venture programme, is making significant strides in combating desertification and promoting sustainable agriculture in Morocco. Founded by Benjamin Rombaut, Gautier De Carcouët, and Wissal Ben Moussa, the company utilizes … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged Benjamin Rombaut, Desert, EBRD, Gautier De Carcouët, MOROCCO, partnership, Sand to Green, sustainability, Wissal Ben Moussa
(IN BRIEF) ROHM and STMicroelectronics have announced the expansion of their multi-year agreement for the supply of silicon carbide (SiC) substrate wafers. This deal, valued at a minimum of $230 million, will see larger volumes of SiC substrate wafers being … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Switzerland, Technology
Tagged Dr. Robert Eckstein, Geoff West, Germany, partnership, Röhm, Semiconductor Capacity, SiC Substrate Supply, SiCrystal, STMicroelectronics, sustainability
(IN BRIEF) Neste has achieved a significant milestone in chemical recycling by processing pyrolysis oil derived from discarded vehicle tires, supplied by Scandinavian Enviro Systems, into high-quality raw material for new plastics and chemicals at its refinery in Porvoo, Finland. … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Science, Sweden, Technology
Tagged Andreas Teir, chemicals, Discarded Tires, Enviro Systems, High-Quality Raw Material, Neste, partnership, plastics, pyrolysis oil, recycling, Susanna Sieppi, sustainability, Sweden
(IN BRIEF) Siemens Mobility has secured contracts with Banedanmark and DSB to upgrade Copenhagen’s S-bane network to the highest level of automation, GoA4 technology, by 2030. This upgrade, part of the “Future S-bane” program, aims to enhance capacity, passenger experience, … Read the full press release
Posted in Business, Denmark, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Automatic Urban Railway, Banedanmark, Copenhagen, DSB, Jürgen Müller, Michael Peter, partnership, S-bane Network, Siemens, Siemens Mobility, sustainability
(IN BRIEF) During a visit to Muscat, Patrick Pouyanné, Chairman and CEO of TotalEnergies, reaffirmed the enduring partnership between TotalEnergies and Oman by announcing the Final Investment Decision (FID) for the Marsa LNG project. This project, in collaboration with OQ, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, News
Tagged His Excellency Eng. Salim bin Nasser Al Aufi, His Majesty Sultan Haitham bin Tariq Al Said, LNG Production, Marsa LNG Project, Mr. Mulham Basheer Al Jarf, Oman, OQ, partnership, Patrick Pouyanné, sustainability, TotalEnergies
(IN BRIEF) Barclays has announced the appointment of Stephen Pick as Head of M&A for EMEA, Pier Luigi Colizzi as Chairman of M&A for EMEA, and Asim Mullick as Head of M&A for Financial Sponsors for EMEA. These appointments underscore … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged appointments, Asim Mullick, Barclays, EMEA, Ihsan Essaid, M&A Leadership Team, Pier Luigi Colizzi, Stephen Pick, Tim Main
(IN BRIEF) Mutares SE & Co. KGaA has successfully acquired Greenview Group Holdings Ltd from Cordovan Capital Partners II LP and Michael Burke, the current CEO, marking its fourth acquisition in 2024. Greenview Group, established in 2017, specializes in mechanical … Read the full press release
(IN BRIEF) In April 2024, Daimler Buses handed over 24 Mercedes-Benz Tourismo 15 RHD touring coaches to Autobus Oberbayern GmbH from Munich and Bus-Verkehr Berlin KG (BVB) from Berlin. Each company received 12 coaches, which will be used as team … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Security & Safety, Sports, Technology, Transportation & Logistics
Tagged Autobus Oberbayern GmbH, Berlin, Bus-Verkehr Berlin KG (BVB), Daimler Buses, European Sporting Event 2024, Mercedes-Benz Tourismo Coaches, Munich, partnership, Till Oberwörder
(IN BRIEF) Mercedes-Benz Trucks has reached a significant milestone in electric truck development, successfully charging a prototype of the eActros 600 at a groundbreaking 1,000 kilowatts during internal testing at Wörth am Rhein. This achievement marks the implementation phase of … Read the full press release
(IN BRIEF) Anglo American acknowledges the High Court of South Africa’s recent decision to grant claimants the right to appeal against the dismissal of their class action application regarding lead pollution in Kabwe, Zambia. Despite the prior dismissal due to … Read the full press release
Posted in Business, Environment, Government, Industrial, Law, Management, News, United Kingdom
Tagged Anglo American, Appeal Decision, Kabwe, Lead Pollution Case
(IN BRIEF) Pinellas County, Florida, has chosen Kapsch TrafficCom to lead a project aimed at improving mobility and safety with advanced technology solutions, backed by a USD 4.6 million grant from the Federal Highway Administration. With Pinellas County facing significant … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged Dr. Jeff Adler, Kapsch TrafficCom, mobility, partnership, Pinellas County, safety, sustainability, USA
(IN BRIEF) GKN Aerospace has been awarded a contract by the Swedish Defence Materiel Administration (FMV) to conduct conceptual studies for advanced power and propulsion systems in support of future fighter systems. The agreement, spanning two years with the possibility … Read the full press release
(IN BRIEF) Swissloop Tunneling, a team of students from ETH Zurich supported by Empa, emerged victorious at the Not-a-Boring Competition 2024 in Bastrop, Texas, with their innovative micro-tunneling machine, Groundhog Beta. The team’s success marks a significant milestone in the … Read the full press release
(IN BRIEF) BMT SPARO®, a pioneering air-ground payload transfer device, has secured a pivotal contract with the British Army, signaling a significant advancement in autonomous logistics within the defense sector. This innovative technology allows drones to conduct precise deliveries from … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged BMT, BMT SPARO®, British Army, Dr. Steve Wright, Drone Deliveries, James Campbell, partnership, Phil Metcalfe, sustainability
(IN BRIEF) Neste, a global leader in renewable diesel production, teams up with New Jersey Natural Gas (NJNG) to tackle greenhouse gas emissions by adopting Neste MY Renewable Diesel™ for NJNG’s medium-duty trucks and equipment fleet. This initiative marks NJNG … Read the full press release
(IN BRIEF) Vonage, a part of Ericsson, joins forces with Singtel, a leading communications service provider, to integrate Vonage’s API platform with Singtel’s Paragon orchestration platform. This partnership aims to enhance innovation opportunities for enterprises and telcos by providing access … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged Ericsson, INNOVATION, Mr. Bill Chang, Network APIs, Niklas Heuveldop, partnership, Singapore, Singtel, sustainability, Vonage
(IN BRIEF) Cunard’s illustrious fleet gains a new gem as Queen Anne officially joins during a historic handover ceremony at the Fincantieri Marghera shipyard in Venice. Attended by dignitaries and industry leaders, the event marks the 249th ship under the … 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)
