(IN BRIEF) The EBRD is lending €20 million to Allego for the construction of 200 EV charging stations in Poland. This investment, supported by the CEF-Transport Alternative Fuels Infrastructure Facility, aims to boost electric mobility in Poland, helping the EU … Read the full press release
Posted in Automotive, Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Poland, United Kingdom
Tagged Allego, EBRD, EV charging stations, partnership, Poland, sustainability
(IN BRIEF) The EBRD and Proparco are financing two 60 MW solar power plants in Tozeur and Sidi Bouzid, Tunisia, with a €25 million loan. Developed by Scatec and Aeolus (Toyota Tsusho Group), these projects will reduce annual CO2 emissions … Read the full press release
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Aeolus, construction, EBRD, Françoise Lombard, Hideharu Toba, Nandita Parshad, partnership, Proparco, Scatec, solar power plants, sustainability, Terje Pilskog, Tunisia
(IN BRIEF) The CRE8 pre-employment program has successfully created job opportunities for disadvantaged locals at the Mossley Hill Mental Health Facility construction site. Through collaboration with local partners, the program provides comprehensive training and work experience, leading to sustainable employment. … Read the full press release
Posted in Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Andy Whalley, Building Careers UK, construction, CRE8 Program, Darren Friend, Employment, GRAHAM Group, Mersey Care NHS Foundation Trust, Mossley Hill Mental Health Facility, Nobody Left Behind, partnership, Peter Reavey, Rob Collins, sustainability
(IN BRIEF) Polish ESA project astronaut Sławosz Uznański will fly to the ISS on Axiom Mission 4 (Ax-4), alongside astronauts from India and Hungary. This mission, supported by ESA and the Polish government, aims to conduct significant scientific and technological … Read the full press release
Posted in Aviation & Aerospace, Business, Financial, France, Government, Industrial, Investment, Management, News, Poland, Science, Technology
Tagged Astronaut, Axiom Mission 4, Daniel Neuenschwander, ESA, Frank De Winne, Hungary, INDIA, International Space Station (ISS), partnership, Peggy Whitson, Poland, Polish ESA Project, Shubhanshu Shukla, Sławosz Uznański, Tibor Kapu
(IN BRIEF) Empa’s Thun campus, now an internationally acclaimed center for materials technology, recently celebrated its 30th anniversary. Established in 1994, the campus has grown into a hub of innovation, employing around 90 experts and fostering collaborations with universities and … Read the full press release
(IN BRIEF) A study by the University of Exeter recommends that children’s views be considered in parental separation cases to create sustainable child arrangements, reduce court backlogs, and lower financial and emotional costs. The study advocates for family consultation in … Read the full press release
Posted in Business, Education, Financial, Government, Industrial, Investment, Law, Management, News, Society, United Kingdom
Tagged Anne Barlow, Children's Right, Jan Ewing, niversity of Exeter, Parental Separation, society
(IN BRIEF) MorphoSys AG has completed its voluntary delisting from the Frankfurt Stock Exchange and Nasdaq Global Market following its acquisition by Novartis. The delisting agreement, announced on June 20, 2024, and the subsequent delisting purchase offer by Novartis were … Read the full press release
Posted in Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, News, Pharma & Biotech, Science, Switzerland, Technology
Tagged acquisition, Frankfurt, MorphoSys, NASDAQ, Novartis, Novartis BidCo AG, partnership, sustainability, Switzerland
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) are providing a $20 million loan to Crédit Agricole Egypt to support small businesses and green investments. This loan includes $3 million of concessional … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Credit Agricole, Crédit Agricole Egypt, EBRD, EGYPT, Green Climate Fund (GCF), Heike Harmgart, investments, Jean-Pierre Trinelle, partnership, small businesses, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Eiffel Investment Group are jointly providing €24.4 million for the construction of two solar power plants in Romania’s Dolj County. Each organization is contributing €12.2 million to the … Read the full press release
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania, United Kingdom
Tagged EBRD, Eiffel Investment Group, Grzegorz Zieliński, investment, partnership, renewable energy, Romania, solar power, sustainability
(IN BRIEF) Iberdrola has acquired an 88% stake in Electricity North West (ENW) in the UK for £2.1 billion (€2.5 billion), reinforcing its commitment to investing in strong credit-rated countries. This acquisition makes the UK Iberdrola’s leading market by regulated … Read the full press release
(IN BRIEF) Mahmut Akten will become CEO of Garanti BBVA and BBVA Country Manager in Turkey, replacing Recep Baştuğ. The appointment is pending regulatory approval. BBVA has reorganized its global Client Solutions area, introducing new leadership for Commercial and Retail … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Spain, Turkey
Tagged appointment, BBVA, CEO, Country Manager, David Puente, Garanti BBVA, Jaime Sáenz de Tejada, leadership, Mahmut Akten, Murat Kalkan, Onur Genç, partnership, Recep Baştuğ, Turkey
(IN BRIEF) Rheinmetall is acquiring a majority stake in Resonant Holdings (Pty) Ltd, a South African specialist in plant engineering for chemical applications, by securing 51% ownership in a new joint venture, Rheinmetall Resonant South Africa. This move aims to … Read the full press release
Posted in Business, Chemicals, Defence, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology
Tagged acquisition, partnership, Resonant Holdings, Rheinmetall, South Africa
(IN BRIEF) BAE Systems has secured a $493 million contract to continue producing M109A7 Self-Propelled Howitzers and M992A3 Ammunition Carriers for the U.S. Army, with deliveries expected between August 2025 and July 2026. This contract supports the Army’s Armored Brigade … Read the full press release
(IN BRIEF) Kuehne+Nagel has appointed Yutaka Matsuyoshi as the new Managing Director for Japan, starting August 1, 2024. Matsuyoshi, with 25 years of experience in logistics, previously led Global Logistics at adidas and served as Global Head of Operations for … Read the full press release
(IN BRIEF) Thales has been selected by Lilium as the exclusive supplier of navigation and communication antennas for their electric Vertical Takeoff and Landing (eVTOL) jet program, set to begin service in 2026. This partnership will incorporate a blend of … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged Communication Antennas, eVTOL Jet Navigation, Germany, Lilium, Martin Schuebel, Nicolas Bonleux, partnership, sustainability, Thales
(IN BRIEF) Langley Holdings has acquired GKN Hydrogen, an Italian specialist in hydrogen storage and power-to-power technology, from Dowlais Group. GKN Hydrogen’s innovative technology stores hydrogen in a solid state at 16 times the density of compressed gas, maintaining efficiency … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology, United Kingdom
Tagged acquisition, Anthony Langley, energy solutions, GKN Hydrogen, Italy, Langley Holdings, Marelli Motori, partnership, sustainability
(IN BRIEF) British Gas is extending its PeakSave offer to provide half-price electricity to customers during the Paris 2024 Olympic Games, from 28th July to 8th September. The offer, available every Sunday and on two Saturdays, encourages homeowners to use … Read the full press release
(IN BRIEF) ORLEN Wind 3, a subsidiary of the ORLEN Group, has signed a preliminary agreement to acquire two solar PV farms and a wind farm from EDP Renewables Polska for approximately PLN 1.15 billion. This acquisition, one of the … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland
Tagged acquisition, Duarte Bello, EDP Renewables Polska, Ireneusz Fąfara, ORLEN, ORLEN Wind 3, partnership, renewable energy, sustainability
(IN BRIEF) Brenntag, a global leader in chemicals and ingredients distribution, has acquired Monarch Group Holdings Ltd. and its subsidiary Monarch Chemicals Ltd. in the UK. This acquisition includes sites in Southeast England and Scotland, enhancing Brenntag’s last-mile service operations. … Read the full press release
Posted in Agriculture, Business, Chemicals, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, United Kingdom
Tagged acquisition, Brenntag, Jon Hill, Monarch Chemicals, partnership, Russel Argo, sustainability, UK
(IN BRIEF) Deutsche Telekom, Volkswagen Group Logistics, BIBA, and Unikie have launched the “AutoLog” project to automate logistics processes at the Emden port automotive terminal. The project uses Deutsche Telekom’s 5G network and edge data center technology to enhance efficiency. … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom, Transportation & Logistics
Tagged 'AutoLog' Project, Automated Logistics, BIBA, Deutsche Telekom, Emden Port, partnership, sustainability, Unikie, Volkswagen
(IN BRIEF) Plenitude has signed a 10-year Corporate Power Purchase Agreement (PPA) with Ferriera Valsabbia to supply energy from a 15MW wind farm in Sannicandro di Bari, Italy. Starting in September 2024, the wind farm will generate over 350 GWh … Read the full press release
Posted in Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, Metals and Minerals, News
Tagged Alessandro Della Zoppa, Eni, Ferriera Valsabbia, partnership, Plenitude, Renewable Wind Energy, Ruggero Brunori, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested up to US$ 90 million (€83 million) in Ulker Biskuvi Sanayi’s first sustainability-linked Eurobond, part of a larger US$ 550 million issuance. This funding will help Ulker, a … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Turkey, United Kingdom
Tagged EBRD, Erdem Yasar, Eurobond, investment, Mete Buyurgan, partnership, sustainability, Turkey, Ulker Biskuvi Sanayi
(IN BRIEF) The European Investment Bank (EIB) has granted a €35 million green loan to Haizea Wind Group, a Spanish wind energy component manufacturer. This investment aims to enhance innovation and digitalization in the wind sector, supporting the REPowerEU plan … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Technology
Tagged Alvaro Quintana, EIB, Europe, Gilles Badot, Haizea Wind Group, partnership, Spain, sustainability, wind energy
(IN BRIEF) Vortex Energy, a leading renewables company in Poland owned by Vitol, has appointed Wojciech Orzech as CEO. Orzech, with over 20 years of experience in energy and infrastructure, previously served as CEO of PKP Energetyka. He will work … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Poland
Tagged appointment, CEO, Justine Ryan, leadership, Poland, renewable energy, Vitol, Vortex Energy, Wojciech Orzech
(IN BRIEF) Vitol B.V. has agreed to acquire Noble Resources Trading Limited for $0.63 per share on a debt-free, cash-free basis, pending customary conditions. Noble Resources is a prominent supply chain manager for energy products and industrial raw materials in … Read the full press release
(IN BRIEF) BP has finalized the acquisition of GETEC ENERGIE GmbH, an energy supplier to commercial and industrial customers in Germany. This acquisition, announced in January 2024, enhances BP’s European gas and power operations and expands its reach to Germany, … Read the full press release
Posted in Austria, Belgium, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Poland, United Kingdom
Tagged acquisition, Austria, Belgium, BP, Cord Wiesner, Elaine Skinner-Reid, European Energy, GETEC ENERGIE GmbH, Netherlands, partnership, Poland, sustainability
(IN BRIEF) BP and the Government of Iraq have signed a memorandum of understanding (MoU) to negotiate a redevelopment programme for the Kirkuk region. This includes investments in oil and gas, power generation, solar energy, and exploration activities. The MoU … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged BP, H.E. Hayan Abdul Ghani, H.E. Mohammed Shia' Al Sudani, Iraq Government, Kirkuk Region, Murray Auchincloss, Nader Zaki, partnership, redevelopment, sustainability, Zaid Elyaseri
(IN BRIEF) Delivery Hero SE has announced the merger of its food delivery businesses, foodora, Yemeksepeti, and foodpanda, to boost operational efficiency and business leverage across Europe and Asia. The new organization, led by Tareq Barto, aims to unlock synergies … Read the full press release
Posted in Business, Economy, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Internet & Online, Investment, Management, Marketing, News, Technology
Tagged acquisition, Asian, Delivery Hero, European, foodora, foodpanda, operations, partnership, sustainability, Tareq Barto, Yemeksepeti
(IN BRIEF) KION Group reported a significant increase in profitability for the first half of 2024, with revenue rising by 2% to €5.736 billion and adjusted EBIT improving by 28% to €447 million. The company saw improvements in both its … Read the full press release
Posted in Business, Economy, Financial, Government, Industrial, Investment, Management, News, Transportation & Logistics
Tagged Financial, investment, KION Group, profitability, Rob Smith
(IN BRIEF) Encavis Asset Management AG and Commerzbank AG have secured project financing for the Bartow solar project, set to be Germany’s second-largest solar park with a capacity of 260 MW. Located in Mecklenburg-Western Pomerania, the project is part of … Read the full press release
(IN BRIEF) Vossloh is set to acquire Sateba Group, enhancing its rail infrastructure capabilities and expanding its European market presence. The €450 million deal, expected to close by spring 2025, will boost Vossloh’s annual sales and align with its sustainability … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has initiated a €5 billion program to support the wind energy sector, starting with a €500 million counter-guarantee to Deutsche Bank. This will enable Deutsche Bank to issue up to €1 billion in … Read the full press release
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Alexander von zur Muehlen, Deutsche Bank, EIB, Germany, Maroš Šefčovič, Nicola Beer, partnership, sustainability, wind energy
(IN BRIEF) Kuehne+Nagel and Mercedes-Benz have successfully reduced CO2 emissions by approximately 11,000 tonnes over the past year through the use of Sustainable Aviation Fuel (SAF) for air freight transport. This strategic partnership involves using SAF on Kuehne+Nagel’s Boeing 747-8F … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Transportation & Logistics
Tagged CO2 emissions, Heiko Schuhmacher, Jörg Burzer, Kuehne+Nagel, Mercedes-Benz, partnership, sustainability, sustainable aviation fuel
(IN BRIEF) Skanska has signed a PLN 272 million (approximately SEK 720 million) contract with PKP Polish Railway Lines S.A. to modernize the Limanowa train station in southern Poland. The project includes upgrading a 3.5-kilometer railroad stretch, rebuilding the station, … Read the full press release
(IN BRIEF) FLSmidth has secured a DKK 340 million order to supply nine thickeners and six filters for a new lithium project in Nevada, USA. Scheduled for delivery in 2025/2026, the equipment will enhance lithium supply for electric vehicle batteries, … Read the full press release
Posted in Automotive, Business, Chemicals, Denmark, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Chris Reinbold, EV Battery Production, FLSmidth, Lithium Project, Nevada, partnership, sustaianability, USA
(IN BRIEF) Stellantis Pro One has become the market leader in commercial vehicles across Europe 30, South America, and the Middle East & Africa in the first half of 2024. The company achieved notable growth with new product launches like … Read the full press release
Posted in Automotive, Awards, Business, Environment, Financial, Government, Industrial, Investment, Management, Marketing, Netherlands, News, Technology, Transportation & Logistics
Tagged Commercial Vehicle Markets, Innovative Product Lineup, leadership, Stellantis, Stellantis Pro One, Xavier Peugeot
(IN BRIEF) The European Investment Bank (EIB) is providing €20 million in venture debt financing to German medical technology company Protembis for the development of their “ProtEmbo” cerebral embolic protection system. This device aims to reduce the risk of brain … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Luxembourg, Management, News, Science, Technology
Tagged Brain Protection Technology, Conrad Rasmus, EIB, Germany, Heart Treatments, Karl von Mangoldt, Nicola Beer, partnership, Protembis, sustaianability
(IN BRIEF) The European Investment Bank (EIB), Natixis Corporate & Investment Banking (Natixis CIB), and the Sunprime Group have signed a project finance operation worth €204 million to support the construction of over 100 photovoltaic plants across Italy, with a … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News
Tagged Antonio Mazzitelli, EIB, Gelsomina Vigliotti, Italy, Natixis, partnership, photovoltaic project, Stefano Mazza, Sunprime, sustaianability
(IN BRIEF) The European Investment Bank (EIB) is providing €1 billion in loans to support the purchase of up to 90 advanced suburban trains for the Rhineland region in Germany, encompassing Cologne and Düsseldorf. These modern Alstom trains, set to … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged EIB, Germany, go.Rheinland, Michael Vogel, Nicola Beer, Oliver Wittke, partnership, Rhineland Public Transport, sustainability, trains, Verkehrsverbund Rhein-Ruhr (VRR)
(IN BRIEF) TotalEnergies is withdrawing from South Africa’s offshore Block 11B/12B and Block 5/6/7 due to economic viability challenges, following the exit of partner CNRI. Despite significant gas discoveries in Block 11B/12B, the company decided it is not feasible to … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Offshore Blocks, partnership, South Africa, TotalEnergies, Withdrawal
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
