(IN BRIEF) Fortum’s Loviisa nuclear power plant has completed its annual outages for 2024, with both units back online. Unit 2’s outage lasted 23 days, while Unit 1’s extended four-year maintenance took 39 days, with both experiencing minor delays due … Read the full press release
(IN BRIEF) ESET Research has revealed that the Telekopye scam network has shifted its focus to targeting users of Booking.com and Airbnb through compromised hotel accounts. By sending fake payment issue emails and directing users to fraudulent booking sites that … Read the full press release
Posted in Business, Czech Republic, Financial, Government, Industrial, Internet & Online, Investment, Management, News, Security & Safety, Slovakia, Technology
Tagged Airbnb, Booking.com, ESET, Hotel Accounts, Radek Jizba, SECURITY, Telekopye Scam Network
(IN BRIEF) Amsterdam-based LUMICKS has secured €20 million in venture debt from the European Investment Bank (EIB) to advance its next-generation cell avidity platform, which aims to accelerate the development of immunotherapies for cancer treatment. Supported by the InvestEU initiative, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Healthcare, Industrial, Investment, Luxembourg, Management, Netherlands, News, Science, Technology
Tagged Cancer Drug Discovery, EIB, Hugo de Wit, Immunotherapy Tools, investment, LUMICKS, Netherlands, partnership, Robert de Groot, sustainability
(IN BRIEF) The EIB and Intesa Sanpaolo have partnered to drive up to €8 billion in investment for Europe’s wind energy sector, leveraging a €500 million EIB counter-guarantee to enable Intesa Sanpaolo to create €1 billion worth of bank guarantees. … 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 EIB, Gelsomina Vigliotti, Intesa Sanpaolo, investment, Italy, Kadri Simson, Mauro Micillo, Paolo Gentiloni, partnership, renewable energy sector, sustainability, wind energy
(IN BRIEF) EIB Global, a division of the European Investment Bank, has provided Enel Colombia with a $300 million loan to support the development of renewable energy projects and upgrades to the company’s power distribution infrastructure. This loan, backed by … 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 EIB Global, Enel Colombia, grid infrastructure, Ioannis Tsakiris, partnership, renewable energy, SACE, Stefano De Angelis EIB, sustainability, Valerio Perinelli
(IN BRIEF) Merck has officially opened a new €290 million biosafety testing facility in Rockville, Maryland, designed to meet the increasing global demand for biosafety testing services. This state-of-the-art facility consolidates various operations, including biosafety testing, analytical development, and cell … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Accelerate Testing Timelines, Benjamin Hein, Biosafety Testing Facility, Drug Safety, Merck, partnership, Rockville, sustainability, USA
(IN BRIEF) On October 10, 2024, Unilever announced the successful sale of its Russian subsidiary to Arnest Group, a local manufacturer specializing in perfumes, cosmetics, and household products. This transaction encompasses Unilever’s entire operations in Russia, including its four production … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Commodities, Financial, Government, Industrial, Investment, Management, News, Retail, Science, Technology, United Kingdom
Tagged acquisition, Arnest Group, Hein Schumacher, partnership, RUSSIA, sustainability, Unilever
(IN BRIEF) Thyssenkrupp has partnered with TITAN Group to advance one of Europe’s largest carbon capture initiatives, the IFESTOS project, which focuses on modernizing the Kamari cement plant in Greece. The collaboration will integrate advanced oxyfuel technology, enabling the facility … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News
Tagged Carbon Capture Project, Christian Myland, Dr. Cetin Nazikkol, Greece, IFESTOS project, Marcel Cobuz, partnership, sustainability, ThyssenKrupp, TITAN Group
(IN BRIEF) Associated British Ports (ABP) has entered a strategic partnership with Sarens, a leader in heavy lifting and engineering transport, to promote the implementation of Floating Offshore Wind (FLOW) technology in the Celtic Sea. This collaboration aims to utilize … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged ABP, Andy Reay, Bev Bentley, Floating Offshore Wind Development, partnership, Port Talbot, Sarens, sustainability
(IN BRIEF) Integrated Wind Solutions (IWS), a Norway-based company focused on the offshore wind industry, is advancing its commitment to renewable energy through a comprehensive range of services that support the entire lifecycle of offshore wind farms. Established in 2020 … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged INNOVATION, Integrated Wind Solutions, Marius Magelie, net zero, NIB, Norway, Offshore wind, partnership, sustainability
(IN BRIEF) FinVector, a leading biopharmaceutical company, has inaugurated a cutting-edge production facility in Kuopio, Finland, aimed at manufacturing gene therapy products. The new Finport facility, which is set to become one of the world’s largest for such therapies, represents … Read the full press release
Posted in Banks, Business, Environment, Financial, Finland, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged cancer treatment, FinVector, Gene Therapy Facility, Jean-Frédéric Paulsen, KUOPIO, NIB, partnership, Petri Peltonen, Professor Seppo Ylä-Herttuala, Soile Lahti, sustainability
(IN BRIEF) CapMan Infra has announced a significant investment in Hamina, Finland, through its CapMan Nordic Infrastructure II fund, acquiring full ownership of Haminan Kaukolämpö Oy and Haminan Sähköverkko Oy from Haminan Energia. This acquisition aims to enhance the utilization … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Technology
Tagged acquisition, CapMan, CapMan Infra, energy infrastructure, Hamina, Haminan Energia, Haminan Kaukolämpö Oy, Haminan Sähköverkko Oy, investment, Kimmo Rahkamo, partnership, sustainability
(IN BRIEF) The Russell Group has established an expert advisory panel to enhance the role of UK research-intensive universities in supporting the government’s Industrial Strategy. This initiative aims to maximize the contribution of universities to economic growth and public service … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Financial, Government, Industrial, Investment, Management, Media, News, Technology, United Kingdom
(IN BRIEF) Hive has partnered with Zapmap, the leading UK electric vehicle (EV) public charging service, to enhance charging accessibility for EV drivers. Starting next year, new Hive EV customers will receive £20 in charging credits for use at Zap-Pay … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged Centrica, Dan Rosenfield, electric vehicle charging, Hive, Melanie Shufflebotham, partnership, sustainability, UK, Zapmap
(IN BRIEF) During a recent plenary session, the Committee of the Regions and the European Investment Bank (EIB) renewed their commitment to fostering economic cohesion across the EU, focusing on both urban and rural areas. EIB President Nadia Calviño emphasized … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged economic growth, EIB, EU, Europe, European Committee of the Regions, Nadia Calviño, partnership, social infrastructure, sustainability, Ursula von der Leyen, Vasco Alves Cordeiro
(IN BRIEF) The European Investment Bank (EIB) and IKB Deutsche Industriebank AG have launched a partnership to support sustainable finance for mid-cap companies in Germany, introducing a new loan portfolio of €400 million. This initiative is aimed at firms with … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, Financial, Germany, IKB, Michael Wiedmann, Mid-Cap companies, Nicola Beer, partnership, sustainability
(IN BRIEF) The ACP Trust Fund has secured over €74 million in pledges from seven EU member states, including Denmark, Finland, Germany, Luxembourg, Portugal, Spain, and Sweden, to support economic growth in African, Caribbean, and Pacific (ACP) countries. This funding … Read the full press release
Posted in Banks, Business, Denmark, Economy, Environment, European Union, Financial, Finland, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Portugal, Spain, Sweden
Tagged African Caribbean and Pacific (ACP) Nations, Benjamin Dousa, Denmark, Dirk Meyer, economic, EIB, Finland, funding, Germany, Gilles Roth, Joaquim Miranda Sarmento, José Manuel Albares, Juha Savolainen, Jutta Urpilainen, Lars Løkke Rasmussen, Luxembourg, partnership, PORTUGAL, Spain, sustainability, Sweden, Thomas Östros
(IN BRIEF) Adani Airport Holdings Limited (AAHL) has formed a strategic partnership with Thales to improve airport operations and the passenger experience across India. This collaboration introduces a comprehensive solution focusing on smart airport security, biometric passenger journeys, and operational … Read the full press release
(IN BRIEF) Hydro has renewed its partnership with Dutch yacht builder Vaan Yachts BV to advance sustainability in the yachting industry. Building on five years of collaboration, the two companies have signed a letter of intent to develop sheet materials … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, Netherlands, News, Norway, Technology, Transportation & Logistics
Tagged Hanne Karine Simensen, Hydro, Igor Kluin, Netherlands, partnership, sustainability, Thomas Hartmut Ludwig, Vaan Yachts BV, yachting
(IN BRIEF) Eviden, a division of the Atos Group focused on advanced computing, has partnered with IQM Quantum Computers to enhance accessibility to quantum computing. They have installed the IQM Spark™, a superconducting quantum computer, at Eviden’s Angers facility in … Read the full press release
Posted in Business, Environment, Financial, Finland, France, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Technology
Tagged Atos, Dr. Mikko Välimäki, Dr. Cédric Bourrasset, Eviden, France, IQM Quantum Computers, IQM Spark™, partnership, Quantum Computing Accessibility, sustainability, Sylwia Barthel de Weydenthal
(IN BRIEF) Experian UK&I has launched an innovative AI-powered data solution called ‘Hazard Tags’ to improve the underwriting processes in the commercial insurance sector. This new tool, developed in collaboration with data aggregator Veridion, aims to eliminate the inefficiencies associated … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and IKB Deutsche Industriebank AG (IKB) have launched a strategic partnership aimed at enhancing access to sustainable financing for mid-cap companies in Germany. This initiative includes a €400 million loan portfolio, where the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, Financial, Germany, IKB, Michael Wiedmann, Mid-Sized, Nicola Beer, partnership, sustainability
(IN BRIEF) Kapsch TrafficCom has successfully implemented a Multi-Lane Free Flow (MLFF) tolling system in the Bizkaia region of Spain, activated on July 1, 2024. This innovative system processes over 1.4 million transactions daily and significantly enhances traffic management by … Read the full press release
(IN BRIEF) Vonovia has successfully implemented its new BIM.permit software, developed in collaboration with VSK.software, to streamline the approval process for new construction projects by checking 3D models for compliance with building regulations. The initiative marks a significant advancement in … Read the full press release
(IN BRIEF) Vodafone and Google have announced a groundbreaking ten-year partnership, committing over a billion dollars to enhance services and devices powered by generative AI and cloud technology across Europe and Africa. This collaboration aims to provide AI-driven Google Pixel … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged Africa, AI-powered, Europe, Google, Margherita Della Valle, partnership, Sundar Pichai, vodafone
(IN BRIEF) ArcelorMittal has released the findings from a comprehensive workplace safety audit conducted by dss+, which was commissioned to enhance the company’s safety performance. Over nine months, the audit assessed operations globally, focusing on fatality prevention, process safety management, … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News, Security & Safety, Switzerland, Technology
Tagged Aditya Mittal, ArcelorMittal, Davide Vassallo, dss+, partnership, safety, sustainability, Switzerland, Workplace Safety Audit
(IN BRIEF) Siemens Smart Infrastructure has announced its plan to acquire Danfoss Fire Safety, a subsidiary of Danfoss Group, as part of a strategic initiative to enhance its sustainable fire suppression portfolio. The acquisition aims to integrate Danfoss’s innovative high-pressure … Read the full press release
Posted in Business, Denmark, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Switzerland, Technology
Tagged acquisition, Danfoss Fire Safety, Danfoss Group, Denmark, fire suppression, high-pressure water mist technology, innovative, partnership, safety, Siemens, Susanne Seitz, sustainability, Troels H. Petersen
(IN BRIEF) Volkswagen Group’s electric mobility brand, Elli, has launched the Elli Charger 2, a smart charging solution aimed at the European market. This new charger can reduce charging costs by up to 40% by utilizing solar surplus charging and … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged electric vehicle charging, Elli, Elli Charger 2, Europe, Giovanni Palazzo, innovative, Otovo, Smart Charger 2, sustainability, Volkswagen
(IN BRIEF) TotalEnergies has signed a Power Purchase Agreement (PPA) with Saint-Gobain to supply renewable electricity to its facilities in France, starting in January 2026. This contract will provide 875 GWh of renewable energy over five years, sourced from TotalEnergies’ … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged decarbonization, France, partnership, renewable energy, Saint-Gobain, Sophie Chevalier, sustainability, Swaroop Srinath, TotalEnergies
(IN BRIEF) Plenitude has officially launched the Numancia wind plant in Soria, Spain, consisting of two adjacent wind farms that will generate approximately 31 GWh of electricity annually, sufficient to power over 9,500 households. With this project, Plenitude’s total installed … Read the full press release
(IN BRIEF) Novo Nordisk has launched the Childhood Obesity Prevention Initiative, aimed at combating rising obesity rates among children in underserved urban communities across six cities worldwide. Backed by an investment of over 250 million Danish kroner and a coalition … Read the full press release
Posted in Business, Denmark, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Brazil, CANADA, France, Global Childhood Obesity Initiative, Healthier Urban Communities, Japan, Katrine DiBona, Novo Nordisk, partnership, South Africa, Spain, sustainability, wellbeing
(IN BRIEF) Logicor, a prominent European logistics real estate company, has partnered with the City Council of Azuqueca de Henares to enhance sustainability at the Azuqueca de Henares Municipal Bird Sanctuary through a lake restoration project. The initiative involves installing … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, News, Real Estate, Spain, Technology, Transportation & Logistics, United Kingdom
Tagged Azuqueca de Henares, environmental, innovative, Lake Restoration Project, Logicor, Mayor Miguel Oscar Aparicio, Municipal Bird Sanctuary, partnership, Pilar Valencia, Spain, sustainability
(IN BRIEF) The European Investment Bank (EIB), under the leadership of President Nadia Calviño, has launched the Ukraine Energy Rescue Plan to provide urgent energy assistance to Ukraine ahead of the winter season. The plan outlines a potential investment of … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Ukraine
Tagged EIB, Energy Rescue Plan, Nadia Calviño, partnership, Sergii Marchenko, sustainability, Teresa Czerwinska, UKRAINE, Valdis Dombrovskis, Winter Challenges
(IN BRIEF) Gasum and Wasaline have formed a partnership to create the first large-scale FuelEU Maritime pooling service, which will enable shipping companies to reduce compliance costs while promoting the use of low-emission fuels. Wasaline’s hybrid ferry, operating on bio-LNG, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics
Tagged Gasum, Jacob Granqvist, low-emission, partnership, Peter Ståhlberg, Shipping Solutions, sustainability, Wasaline
(IN BRIEF) The Hera planetary defense mission, launched successfully aboard a SpaceX Falcon 9 rocket, aims to assess the feasibility of deflecting hazardous asteroids threatening Earth. This mission follows NASA’s DART mission, which tested asteroid deflection by impacting the Dimorphos … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, France, Government, Industrial, Investment, Management, News, Science, Security & Safety, Technology
Tagged Asteroid Deflection Techniques, Earth, Hera Mission, SECURITY, Thales, Thales Alenia Space, threats
(IN BRIEF) ABB and Zumtobel Group have announced a strategic partnership aimed at advancing smart building solutions and direct current (DC) industrial applications. The collaboration will integrate ABB’s building automation solutions with Zumtobel’s advanced lighting management systems, creating efficient, sustainable … Read the full press release
Posted in Austria, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, Austria, Direct Current Applications, Lucy Han, Oliver Vogler, partnership, Smart Building Innovations, sustainability, Switzerland, Zumtobel Group
(IN BRIEF) QIAGEN Digital Insights has announced an expanded partnership with Neo4j, aiming to enhance biomedical data analysis for the biopharmaceutical industry. This collaboration will integrate Neo4j’s graph database and machine learning capabilities with QIAGEN’s extensive biomedical knowledge base. By … Read the full press release
Posted in Business, Financial, Government, Healthcare, Industrial, Investment, Management, Netherlands, News, Pharma & Biotech, Science, Technology
Tagged Biomedical Data Analysis, Biopharma Industry, Dominic John, Neo4j, partnership, QIAGEN, Sudhir Hasbe, sustainability, USA
(IN BRIEF) Wienerberger has announced its expansion into the Nordic market with the acquisition of Finnish company Slatek OY and Norwegian firm Tekken AS. This move aims to enhance its portfolio in smart water management and infrastructure solutions, adding approximately … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged acquisitions, Finland, Heimo Scheuch, Norway, partnership, Slatek OY, sustainability, Tekken AS, Water Solutions, Wienerberger
(IN BRIEF) Bang & Olufsen has partnered with Ferrari to launch their second Special Edition Ferrari Collection, featuring three high-end products: the Beolab 50 speakers, Beosound Theatre soundbar, and Beovision Theatre TV. This collection incorporates Ferrari’s signature Grigio Corsa color … Read the full press release
(IN BRIEF) The Lenzing Group, a leading provider of regenerated cellulose fibers, has announced its acquisition of a minority stake in the Swedish company TreeToTextile AB. This collaboration, which includes existing shareholders such as H&M Group, Inter IKEA Group, Stora … Read the full press release
Posted in Apparel, Fashion & Beauty, Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Sweden, Technology
Tagged acquisition, Dr. Roxana Barbieru, Fiber Production, Lenzing, partnership, Rohit Aggarwal, sustainability, Sweden, textile industry, TreeToTextile
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
