(IN BRIEF) The European Investment Bank (EIB) is providing €125 million in loans to the Cyprus University of Technology (CUT) to fund new student housing and upgrade academic, research, and sports facilities in Paphos and Limassol. The project, which will … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Campus Expansion, Cyprus University of Technology, EIB, housing, Kyriacos Kakouris, Panayiotis Zaphiris, partnership, Petros Christodoulou, Phedon Phedonos, sustainability
(IN BRIEF) The European Investment Bank (EIB) has granted a €350 million loan to Deutsche Glasfaser to expand fibre-optic broadband access to around 460,000 rural homes and businesses in Germany. This initiative, supported by the EU’s InvestEU programme, addresses the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Luxembourg, Management, News, Technology
Tagged Andreas Pfisterer, Deutsche Glasfaser, EIB, Germany, high-speed Internet, Nicola Beer, Paolo Gentiloni, partnership, sustainability
(IN BRIEF) Multilateral development banks (MDBs) have reached a new milestone in climate finance, committing a record $125 billion in 2023. A significant portion, $74.7 billion, was allocated to low- and middle-income countries, primarily for climate mitigation and adaptation. High-income … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Ambroise Fayolle, climate finance, EIB, Multilateral Banks, partnership, sustainability
(IN BRIEF) At the 79th United Nations General Assembly, European Investment Bank (EIB) President Nadia Calviño will announce new initiatives focused on global health and climate finance. The EIB, in collaboration with partners like the Gates Foundation and WHO, will … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Healthcare, Industrial, Investment, Luxembourg, Management, Media, News
Tagged 79th United Nations General Assembly (UNGA), Ambroise Fayolle, Climate Initiatives, Dr. Tedros Ghebreyesus, European Investment Bank, Gabriel Boric, Gates Foundation, global health, Healthcare, Marina Silva, Mia Amor Mottley, Multilateral Development Banks (MDBs), Nadia Calviño, New York, partnership, sustainability, Thomas Östros, UN General Assembly, WHO
(IN BRIEF) Continental has won the ETM Award 2024 in the “Tires” category, based on a readers’ poll by ETM, recognizing its excellence in commercial vehicle tires. The award highlights Continental’s innovative Generation 5 tire line, which enhances fuel efficiency, … Read the full press release
Posted in Automotive, Awards, Business, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Awards, commercial vehicle tires, Continental, ETM Award 2024, leadership, sustainability, Timo Röbbel
(IN BRIEF) Continental has developed a new generation of hydraulic wheelset guiding bushings for trains, offering improved adaptability to track conditions, which enhances passenger comfort and extends the lifespan of critical components. These bushings can be retrofitted without requiring modifications … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Continental, Hydraulic Bushings, Sara Grotsch, Train Maintenance Costs
(IN BRIEF) A field trip to the Red Sea has inspired three SAMS undergraduate students to investigate plastic pollution, which they will present at the MICRO 2024 conference. Their research focuses on plastic waste in Red Sea mangroves and Scottish … Read the full press release
Posted in Business, Education, Environment, Financial, Industrial, Investment, Management, Media, News, Science, Technology, United Kingdom
Tagged Caitlin Fowler, Geslaine Lemos Gonçalves, Karen MacKechnie, Laura Marcos Widmer, MICRO 2024, plastic pollution, Professors Bhavani Narayanaswamy, Red Sea Expedition, RESEARCH, Scottish Association for Marine Science (SAMS), students
(IN BRIEF) Rheinmetall and MBDA Deutschland have renewed their partnership to continue developing laser weapon systems, with plans to launch a maritime-focused drone defense product within five to six years. The collaboration follows successful trials aboard the German Navy’s frigate … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Laser Weapons Technology, MBDA, partnership, Rheinmetall
(IN BRIEF) PNE AG has appointed Heiko Wuttke as its new CEO, effective 13 January 2025. Wuttke, with nearly 30 years of experience in renewable energy, will replace Markus Lesser, who stepped down in July 2024. Interim CEO Per Hornung … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Management, News
Tagged appointment, CEO, Heiko Wuttke, leadership, Marc van’t Noordende, Markus Lesser, Per Hornung Pedersen, PNE AG, renewable energy
(IN BRIEF) Mayr-Melnhof Karton AG and Wienerberger AG will join the ATX Global Players index, replacing BAWAG Group AG after a turnover review. The ATX Global Players index consists of companies generating over 20% of revenue outside Europe, currently featuring … Read the full press release
Posted in Austria, Banks, Business, Economy, Financial, Industrial, Infrastructure & Utilities, International Trade, Investment, Management, News
Tagged ATX, AUSTRIACARD, Mayr-Melnhof, partnership, Wiener Börse, Wienerberger
(IN BRIEF) GT Talent Group, a sports entertainment company specializing in supercar driving experiences and motorsport talent shows, has successfully listed on Euronext Growth Milan. This marks the 16th listing on the Milan market and the 36th on Euronext this … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Infrastructure & Utilities, International Trade, Investment, Italy, Management, News
Tagged Euronext, GT Talent Group, IPO, Milan, Mimmo Saracino
(IN BRIEF) Ingka Centres, part of the Ingka Group, has signed a purchase agreement to acquire Pasing Arcaden, a popular shopping center in Munich, Germany. The deal, expected to close by Q4 2024, will mark Ingka Centres’ return to Germany … Read the full press release
(IN BRIEF) Adyen has been selected as the exclusive payments platform for Cinemark, a major U.S. movie theater chain with over 300 locations. This partnership will streamline payments across various channels, including Cinemark’s website, mobile app, box offices, kiosks, and … Read the full press release
Posted in Banks, Business, Entertainment, Financial, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, Netherlands, News, Technology
Tagged Adyen, Cinemark, Davi Strazza, Melissa Thomas, partnership, Payment, U.S. Theaters
(IN BRIEF) Nagarro has achieved Select Partner status in the Databricks Partner Program, emphasizing its expertise in data-driven innovation and AI-powered transformation. The recognition highlights Nagarro’s ability to help businesses, especially in sectors like manufacturing, retail, and healthcare, harness data … Read the full press release
Posted in Artificial Intelligence (AI), Awards, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged AI, Awards, Chelsea Weintraub, data, Databricks Program, Harikesh Yadav, leadership, Nagarro, Select Partner Status
(IN BRIEF) PRK Peter Rieger Konzertagentur and DreamHaus, both subsidiaries of CTS EVENTIM, have merged to form PRK DreamHaus. The newly created company will be jointly led by Klaus-Peter (Matze) Matziol and Matt Schwarz, with Tobi Habla joining as an … Read the full press release
Posted in Business, Entertainment, Financial, Germany, Industrial, Internet & Online, Investment, Management, Marketing, Media, News
Tagged CTS EVENTIM, DreamHaus, Klaus-Peter (Matze) Matziol, live entertainment, Matt Schwarz, merge, partnership, PRK DreamHaus, PRK Peter Rieger Konzertagentur, Tobi Habla
(IN BRIEF) Commerzbank has partnered with Crypto Finance, a subsidiary of Deutsche Börse, to offer secure access to digital assets, specifically bitcoin and ether, for its corporate clients in Germany. Commerzbank will handle crypto asset custody, while Crypto Finance manages … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Switzerland, Technology
Tagged Commerzbank, Crypto Asset Services, Crypto Finance, Germany, Gernot Kleckner, partnership, SECURITY, Stijn Vander Straeten, sustainability, Switzerland
(IN BRIEF) RWE is expanding its green hydrogen production facility in Lingen, Germany, by adding a third 100 MW electrolysis plant as part of a larger 300 MW project. Bilfinger has been selected to integrate the new plant, handling engineering … Read the full press release
(IN BRIEF) FORVIA HELLA has introduced its first RGB LED rear combination lamp with full-color light animations, now in mass production in China. The lamp, featured in the new LYNK & CO Z10 electric sedan by Geely Auto Group, offers … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Dynamic Light Animations, FORVIA HELLA, Geely, LYNK & CO Z10, RGB LED Rear Lamp, Yves Andres
(IN BRIEF) Ukrainian companies are leading green innovation despite the challenges of war, with support from the EBRD, EU, and Greencubator through the Climate Innovation Vouchers programme. Pipes.one has developed a mobile factory that reduces emissions and costs by producing … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Technology, Ukraine, United Kingdom
Tagged EBRD, EU, Nick Oseyko, partnership, sustainability, UKRAINE, Ukrainian Innovators, Victoria Oseyko, war
(IN BRIEF) VTTI has secured $1.7 billion in financing through a mix of US Private Placement Notes, Bank Term Loans, and a Revolving Credit Facility to support its growth and sustainability goals. This refinancing will help VTTI diversify its capital … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News
Tagged Financial, Hans van Geloven, sustainability, VTTI
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