(IN BRIEF) The European Investment Bank (EIB) has released a report titled “Navigating Supply Chain Disruptions: New Insights on the Resilience and Transformation of EU Firms,” in collaboration with the European Commission’s Directorate-General for Internal Market, Industry, Entrepreneurship, and SMEs. … Read the full press release
Posted in Banks, Business, Economy, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged competitiveness, Debora Revoltella, Directorate General for Internal Market, EIB, Entrepreneurship and SMEs (DG GROW), EU Firms, industry, partnership, resilience, Román Arjona, Supply Chain Challenges
(IN BRIEF) The European Investment Bank (EIB) is partnering with the Latvian government and the Latvian State Real Estate Company (SRE) to promote the development of affordable rental housing in Latvia. This initiative will be supported by the EIB’s Advisory … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Latvia, Luxembourg, Management, News, Real Estate
Tagged affordable housing, Arvils Aseradens, EIB, Latvia, partnership, sustainability, Thomas Östros
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested €5 million in Pozavarovalnica Sava (Sava Re), facilitating the first-ever Tier 3 subordinated bond issuance by an insurer in Slovenia and the broader central and southeastern European region. … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Slovenia, United Kingdom
Tagged Alexander Saveliev, EBRD, investment, Marko Jazbec, partnership, Sava Re, Slovenia, sustainability
(IN BRIEF) The Ratcliffe-on-Soar power station, operated by Uniper near Nottingham, officially ceased coal generation on September 30, 2024, marking the end of over 140 years of coal-fired power in the UK. Since its commissioning in 1967, the station has … Read the full press release
(IN BRIEF) Covestro AG has signed an Investment Agreement with ADNOC International Germany Holding AG, which supports ADNOC’s public takeover offer for all Covestro shares at €62.00 each, valuing the company at approximately €11.7 billion. The agreement ensures ADNOC’s commitment … Read the full press release
(IN BRIEF) Experian has successfully completed its A$820 million acquisition of illion, a consumer and commercial credit bureau in Australia and New Zealand. This integration will merge illion’s team, data, software, and intellectual property into Experian, creating a unified business … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Ireland, Management, News, Technology
Tagged acquisition, Andrew Black, Australia, Data Solutions, Experian, Illion, John Banfield, Malin Holmberg, New Zealand, partnership
(IN BRIEF) Kapsch TrafficCom has announced the successful opening of Complete 540 Phase 1, an extension of the Triangle Expressway in North Carolina, which commenced traffic on September 25th. This project enhances regional connectivity and aims to reduce travel times … Read the full press release
(IN BRIEF) Euronext’s ELITE ecosystem has launched its first cohort of five French companies, aimed at supporting their sustainable growth and enhancing their access to capital markets. This marks a significant milestone for ELITE, which now includes over 2,300 companies … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Investment, News, Small Business
Tagged ELITE Ecosystem, Euronext, France, Marta Testi, Professor Véronique Tran, SMEs, sustainability
(IN BRIEF) Euronext has announced the acquisition of the majority of Acupay Group’s business, a leader in financial reporting, corporate actions, cross-border tax relief, and securities processing. Founded in 2005, Acupay offers technology solutions that help cross-border investors avoid double … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged acquisition, Acupay Group, Euronext, partnership, Robert Apfel, Stef Lambersy, Stéphane Boujnah, USA
(IN BRIEF) DNV is collaborating with a consortium of industry partners to tackle the environmental impact of sulphur hexafluoride (SF6) within the UK’s electricity transmission network. This project aims to significantly reduce SF6 emissions and promote the transition to alternatives, … Read the full press release
(IN BRIEF) The ORLEN Group has launched sales of its HVO100 biofuel at two service stations in Germany, with plans to expand further. HVO100, made from vegetable oils and waste products such as used cooking oil, can reduce greenhouse gas … Read the full press release
Posted in Business, Czech Republic, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland
Tagged biofuel, Czech Republic, fuel, Germany, HVO100, ORLEN, partnership, sustainability
(IN BRIEF) Indra has deployed the advanced Lanza 3D long-range radar system for the Spanish Air Surveillance Squadron 2 (EVA-2) in Toledo, enhancing Spain’s air defense capabilities. This deployment is the first of five new radar systems designed to detect … Read the full press release
(IN BRIEF) Evonik Oxeno has announced a significant expansion of its production capabilities for INA-based plasticizers, specifically ELATUR® CH (DINCH) and ELATUR® DINCD, to meet the growing market demand. The expansion will take place at the existing C4 production facilities … Read the full press release
(IN BRIEF) Evonik has commenced a major expansion at its Charleston site in Berkeley County, South Carolina, aimed at increasing the production capacity of precipitated silica by 50% to meet rising demand from the tire industry, especially for green tires. … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Charleston Facility, Evonik, expansion, Guido Skudlarek, Johnny Cribb, Kenneth Bittner, Lauren Kjeldsen, partnership, silica, sustainability
(IN BRIEF) The Palmdale-Burbank segment of California’s high-speed rail project, connecting San Francisco and Los Angeles, has received environmental certification from the California High-Speed Rail Authority (CHSRA). This section, covering approximately 70 kilometers, includes complex tunneling and traverses various landscapes. … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, Transportation & Logistics
Tagged California, environmental certification, High-Speed Rail Project, Palmdale-Burbank Segment, partnership, SENER, sustainability
(IN BRIEF) Saab AB has announced the establishment of its Nomination Committee ahead of the Annual General Meeting (AGM) scheduled for April 10, 2025, in Linköping, Sweden. The committee, formed based on the shareholder structure as of August 31, 2024, … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, Media, News, Security & Safety, Sweden, Technology
Tagged Anna Magnusson, Annual General Meeting 2025, appointment, Daniel Nodhäll, leadership, Marcus Wallenberg, Marianne Nilsson, Nomination Committee, Peter Wallenberg Jr, Saab AB
(IN BRIEF) The European Investment Bank (EIB) and European Investment Fund (EIF) Boards of Directors met in Warsaw on September 30 and October 1, 2024, to discuss new financing initiatives and reaffirm support for Poland following recent floods. EIB Group … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News, Poland
Tagged Andrzej Domański, EIB, EIF, financing, Flood Recovery, Nadia Calviño, partnership, Poland, Rafał Trzaskowski, sustainability, Warsaw
(IN BRIEF) TÜV Rheinland has acquired Safetec Nordic AS, a leading risk management consultancy based in Norway, with operations across Norway, Sweden, and the UK. This acquisition will strengthen TÜV Rheinland’s risk, safety, and integrity management services in Europe, creating … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Norway, Security & Safety, Sweden, Technology, United Kingdom
Tagged acquisition, Gareth Book, Norway, partnership, Risk Consultancy, Safetec Nordic AS, safety, Stein Eggan, Sweden, TÜV Rheinland, UK
(IN BRIEF) In a recent pilot project at the Steinweg Beatrix Terminal, the Port of Rotterdam Authority successfully tested moveable shore power battery containers, connecting them to vessels from the Cargow shipping company. The project, conducted in collaboration with Zero … Read the full press release
(IN BRIEF) Iberdrola’s subsidiary, SP Energy Networks, has acquired the tech company Derryherk to enhance the efficiency of the UK’s electricity distribution network. Derryherk’s digital twin technology will improve SPEN’s ability to detect faults, forecast capacity constraints, and actively manage … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, United Kingdom
Tagged acquisition, Derryherk, Guy Jefferson, Iberdrola, net-zero goals, partnership, Smart Grid, SP Energy Networks, sustainability, UK
(IN BRIEF) AstraZeneca and Daiichi Sankyo announced that their drug Enhertu (trastuzumab deruxtecan) has been granted Priority Review by the US FDA for treating patients with unresectable or metastatic HER2-low or HER2-ultralow breast cancer who have previously undergone endocrine therapy. … Read the full press release
Posted in Business, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged AstraZeneca, Breast Cancer Patients, Daiichi Sankyo, HER2-Low, Ken Takeshita, partnership, Pre-Chemotherapy, safety, Susan Galbraith, sustainability, Ultralow
(IN BRIEF) Zalando has expanded its AI-powered fashion assistant across all 25 of its markets, now offering personalized fashion recommendations in local languages. This assistant, which integrates Zalando’s own models with OpenAI’s large language models, tailors advice based on factors … Read the full press release
Posted in Apparel, Fashion & Beauty, Artificial Intelligence (AI), Business, Financial, Germany, Government, Industrial, Internet & Online, Management, Netherlands, News, Poland, Retail, Switzerland, Technology, United Kingdom
Tagged AI Fashion Assistant, Amsterdam, London, partnership, Tian Su, Warsaw, Zalando, Zurich
(IN BRIEF) The World Economic Forum and GovTech Campus Deutschland have launched the Global Government Technology Centre (GGTC) in Berlin, aimed at accelerating the digital transformation of public services globally. The GGTC connects Germany’s GovTech ecosystem with a global network … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Switzerland, Technology
Tagged Berlin, Børge Brende, digital transformation, Dr. Markus Richter, Global GovTech Hub, World Economic Forum
(IN BRIEF) The Labs Campus Munich, an expansion of one of Europe’s largest software companies’ headquarters in Garching, Munich, has been designed to foster innovation and collaboration. The new 19,000 m² facility, developed in partnership with Lindner Group, features offices, … Read the full press release
Posted in Business, Construction, Education, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology
Tagged innovative design, Labs Campus, Lindner Group, Munich, partnership, Safety Solutions, sustainability, Technical University of Munich (TUM)
(IN BRIEF) EPI (European Payments Initiative) has launched Wero, a new instant digital payment wallet in France. This app enables users to send and receive money instantly using just a phone number or email, with transactions processed in less than … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Technology
Tagged BNP Paribas, Credit Agricole, digital payments, EPI (European Payments Initiative), France, Groupe BPCE, Instant Payment Wallet, Martina Weimert, SOCIÉTÉ GÉNÉRALE, Thierry Laborde, wero
(IN BRIEF) Uganda’s largest power generation facility, the 600 MW Karuma Hydropower Plant, was officially inaugurated by President Yoweri Museveni on September 26, 2024. Located on the Kyoga Nile River, the plant boosts Uganda’s energy capacity from 1,400 MW to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, Karuma Hydropower Plant, partnership, Power Project, President Yoweri Museveni, Sinohydro Corporation Ltd., sustainability, Uganda, Victor de Genot de Nieukerken
(IN BRIEF) The European Union is preparing to roll out a digital identity wallet by 2026, which will provide secure digital identification for its 448 million citizens. This initiative aims to simplify access to government services, healthcare, travel, and … Read the full press release
Posted in Business, Defence, European Union, Financial, France, Government, Industrial, Internet & Online, Investment, Management, News, Security & Safety, Technology
Tagged digital wallet, EU, EU Digital Identity Wallet (EDIW), identity, Thales
(IN BRIEF) ANDRITZ has successfully started up a new pulp mill for Liansheng Pulp & Paper in Zhangzhou, Fujian Province, China. The project included cutting-edge technology in all major areas of the mill, from chip handling and fiberline processes to … Read the full press release
(IN BRIEF) Logicor celebrated its Environmental Day in Lüdenscheid, Germany, for the second consecutive year on September 26, 2024. Partnering with ‘Plant-my-Tree,’ 20 employees planted around 500 trees and checked on the growth of trees planted the previous year. This … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Real Estate, Transportation & Logistics, United Kingdom
Tagged Environmental Day, Germany, Logicor, Lüdenscheid, partnership, sustainability, tree planting
(IN BRIEF) The European Investment Fund (EIF) has received its first contributions to the Three Seas Initiative (3SI) Innovation Fund from Poland’s BGK and the Czech Republic’s NRI, with each institution committing €20 million. This fund aims to raise €180 … Read the full press release
Posted in Banks, Business, Czech Republic, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Technology
Tagged Bank Gospodarstwa Krajowego (BGK), Czech Republic, EIF, Innovation Fund, Martin Potůček, Mirosław Czekaj, National Development Investment (Národní rozvojová investiční / NRI), partnership, Poland, Roger Havenith, sustainability
(IN BRIEF) The European Investment Bank (EIB) and CriteriaCaixa have signed an €80 million loan agreement to finance the construction of the CaixaResearch Institute in Barcelona. This interdisciplinary research center, spearheaded by “la Caixa” Foundation, will focus on immunology and … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Science, Spain, Technology
Tagged Ángel Simón, Antonio Vila, CaixaResearch Institute, EIB, Immunology Research Center, Jean-Christophe Laloux, partnership, Spain, sustainability
(IN BRIEF) Thorn and Zumtobel have partnered with Red Bull Stadion GmbH to provide cutting-edge lighting solutions for the newly completed SAP Garden in Munich’s Olympic Park. The sports venue, designed by Danish architects 3XN, features a dynamic façade and … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Management, News, Sports, Technology
Tagged event, Munich, partnership, Red Bull Stadion GmbH, SAP Garden, sports, sustainability, Thorn, Zumtobel
(IN BRIEF) Leapmotor International has begun accepting orders in Europe for its affordable electric vehicles, the T03 city car and the C10 SUV, as part of its joint venture with Stellantis. This move aims to provide high-tech, cost-efficient electric mobility … Read the full press release
Posted in Automotive, Business, Environment, Financial, Government, Industrial, Investment, Management, Netherlands, News, Technology
Tagged C10 SUV, Carlos Tavares, CHINA, Electric City Car, Leapmotor International, partnership, Stellantis, sustainability, SUV, T03 city car
(IN BRIEF) Allied Green Ammonia (AGA) has appointed AFRY as the Owner’s Engineer for its flagship green ammonia project in Australia’s Northern Territory. The project will use 100% renewable energy, combining 4.75 GW of solar power and battery energy storage … Read the full press release
(IN BRIEF) Viettel, Vietnam’s leading telecom company, has expanded its partnership with Ericsson through a new contract for nationwide 5G deployment. Under the agreement, Ericsson will lead the rollout of Viettel’s 5G Radio Access Network (RAN), covering key regions such … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G network, digital innovation, Ericsson, partnership, Tao Duc Thang, Vietnam, Viettel
(IN BRIEF) SSAB and Smith Stål have entered into a collaboration to bring fossil-free steel to the Norwegian market. Smith Stål, one of Norway’s leading steel distributors, will begin offering SSAB’s eco-friendly steel, including SSAB Zero™ and SSAB Fossil-free™ steel. … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Norway, Sweden, Technology
Tagged Eirik Berg, fossil-free steel, Matts Nilsson, Norway, partnership, Smith Stål, SSAB, SSAB Fossil-free™, SSAB Zero, sustainability
(IN BRIEF) Henkel Adhesive Technologies and Panverta CPP have collaborated to create sustainable packaging solutions for dry foods, improving oxygen barrier performance and reducing the number of packaging layers. By enhancing the oxygen barrier of metallized cast polypropylene (CPP) and … Read the full press release
Posted in Business, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Henkel, Indonesia, Marcus Hengky, Oxygen Barrier Technology, packaging, Panverta, partnership, sustainability
(IN BRIEF) The University of Helsinki has entered into a partnership with South Korea’s Yonsei University through a newly signed Memorandum of Understanding (MoU). This agreement aims to foster research collaboration and is a key step in Helsinki’s broader strategy … Read the full press release
(IN BRIEF) Alma Media has sold its 65% stake in Kotikokki Net Oy to Rohea Oy, which already owned a minority share of the company. The sale will be finalized on October 1, 2024. Kotikokki.net is a popular Finnish recipe-sharing … Read the full press release
Posted in Business, Financial, Finland, Food & Beverage, Government, Industrial, Investment, Management, Media, News, Technology
Tagged Alma Media, Eero Holmila, Juha-Petri Loimovuori, Kotikokki Net Oy, partnership, Rohea
(IN BRIEF) MacGregor, a division of Cargotec, has secured a contract to supply cargo access equipment for 12 Pure Car and Truck Carriers (PCTCs) being built for CIDO Shipping at China Merchants Heavy Industry (Jiangsu) Co., Ltd. The deal includes … 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)
