(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is bolstering Mongolia’s healthcare sector with a $43.2 million sovereign loan and a €5 million capital grant to the Government of Mongolia for the construction of a modern 250-bed hospital … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged EBRD, investment, Mongolia, partnership, sustainability, Sustainable Healthcare
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has acquired an indirect minority stake in the renowned Polish cosmetics brand Bielenda through a €33.9 million investment in its holding company, Innova Central Holding SCA, alongside private equity fund … Read the full press release
Posted in Apparel, Fashion & Beauty, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Poland, United Kingdom
Tagged acquisitions, Bielenda, EBRD, Elisabetta Falcetti, Innova Capital, Leszek Muzyczyszyn, Marek Bielenda, partnership, Poland, sustainability, Tamas Nagy
(IN BRIEF) Infineon Technologies AG, in partnership with ETAS, introduces an advanced solution bundle integrating the ESCRYPT CycurHSM 3.x Automotive Security Software Stack into the AURIX™ TC4X Cybersecurity Real-time Module (CSRM). This collaboration aims to meet the escalating demand for … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged automotive, Cybersecurity, ETAS, Infineon, partnership, Rohan Pandit, Thomas Schneid
(IN BRIEF) Gasum Group’s financial review for the first quarter of 2024 reflects significant volume growth, particularly in the maritime and traffic segments, with sales volumes increasing by 73 percent compared to the same period in 2023. Despite a decrease … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, News
Tagged Financial, Gasum Group, investment, Mika Wiljanen
(IN BRIEF) Stora Enso’s Skutskär biomaterials production site in Sweden, known for its sustainable practices, has embarked on a groundbreaking pilot project aimed at capturing biogenic CO2 emissions from pulp production, marking a significant step towards climate-positive operations. With a … Read the full press release
Posted in Business, Construction, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Biogenic CO2 Capture, Christer Nordstrand, Climate-Positive Operations, partnership, Skutskär Site, Stora Enso, sustainability
(IN BRIEF) Husqvarna Group, a leading provider of outdoor power products, has achieved a remarkable milestone by halving its absolute CO2 emissions compared to the 2015 baseline year, surpassing its sustainability targets. Despite a significant increase in sales by 47%, … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged Calle Medin, CO2 emissions, Husqvarna Group, sustainability
(IN BRIEF) Royal Philips has released its Q1 2024 results, showcasing a mixed performance marked by steady sales growth, significant litigation settlements, and ongoing operational challenges. Despite a 2.4% increase in group sales, comparable order intake saw a decline of … Read the full press release
Posted in Business, Economy, Electronics & Machinery, Financial, Healthcare, Industrial, Investment, Management, Netherlands, News, Technology
Tagged Abhijit Bhattacharya, Financial, investment, Philips, Roy Jakobs
(IN BRIEF) SSAB and Nordec have entered into a crucial agreement aimed at streamlining the supply chain for fossil-free steel, a significant step towards achieving SSAB’s goal of delivering fossil-free steel to the market by 2026. The collaboration entails SSAB … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Sweden, Technology
Tagged Finland, fossil-free, Kalle Luoto, Lotta Ruottinen, Nordec, partnership, SSAB, Steel Supply Chain, sustainability
(IN BRIEF) Professor Angela Schoellig from the Technical University of Munich (TUM) has harnessed the power of ChatGPT to develop choreographies for swarms of drones synchronized to music, while implementing an additional safety filter to prevent mid-air collisions. This innovative … Read the full press release
(IN BRIEF) Wood, a prominent consulting and engineering firm, has named Jennifer Richmond as its Chief Strategy Officer (CSO) to spearhead strategic growth initiatives. Richmond, who previously served as Executive President of Strategy and Development at Wood, brings a wealth … Read the full press release
(IN BRIEF) Airbus has announced the launch of the Pléiades Neo Next program, aimed at expanding its high-resolution Earth observation constellation. This initiative will introduce new satellite assets and capabilities, including improved native resolution, to augment the existing Pléiades Neo … Read the full press release
(IN BRIEF) DeLaval, a Swedish-based dairy and farming machinery producer under the Tetra Laval Group, has opted for SAP S/4HANA Cloud to revolutionize its ERP system as part of a comprehensive company-wide overhaul. By embracing cloud technology, DeLaval aims to … Read the full press release
(IN BRIEF) BevZero, a global leader in beverage innovation, takes a significant step towards sustainability with the installation of 100 solar panels, generating 50 kW of peak power, on the rooftop of its Spain facility. This initiative, representing an annual … Read the full press release
Posted in Energy, Gas & Oil, Environment, Food & Beverage, Industrial, Infrastructure & Utilities, Spain, Technology
Tagged alcohol-free beverages, beverage innovation, beverage services, Beverage Solutions, BevZero, carbon emissions, clean energy, dealcoholization, Dealcoholization Equipment, dealcoholization technology, Dealcoholize, eco-friendly solutions, environmental stewardship, ISO 14001, materials efficiency, photovoltaic generator, quality certifications, renewable energy, Silvia Cedeno Daguerre, solar panels, Spain facility, sustainability initiative, waste reduction
(IN BRIEF) The Lenzing Group announces the Lenzing Young Scientist Award at the Dornbirn Global Fiber Congress (GFC) from September 11 to 13, 2024, aimed at bachelor and master students focusing on ecological challenges in the fiber and textile industry. … Read the full press release
Posted in Austria, Awards, Business, Environment, Industrial, Management, Media, News, Science, Technology
Tagged Awards, fiber, Gert Kroner, INNOVATION, Lenzing Group, sustainability, textile industry, Young Scientist Award
(IN BRIEF) Josée Ouellet, Vice President of Services for Alstom in North America, has been appointed as the Grand Ambassador of Université de Sherbrooke in Quebec, Canada. This prestigious recognition from the university acknowledges Ouellet’s exceptional career achievements and contributions … Read the full press release
(IN BRIEF) Alstom was honored with the 2024 Hydrogen Mobility Award at the 2024 Canadian Hydrogen Convention Award gala for its groundbreaking achievement of commissioning the first hydrogen train in the Americas. The Coradia iLint, Alstom’s hydrogen-powered train, carried over … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Technology, Transportation & Logistics
Tagged 2024 Hydrogen Mobility Award, Alstom, Awards, CANADA, Canadian Hydrogen Convention, Coradia iLint, Michael Keroullé, partnership, sustainability
(IN BRIEF) Alstom’s Innovation Station in Stockholm has initiated a pioneering two-year collaboration with Tåg i Bergslagen (TiB), a train operator in Sweden’s Bergslagen area, focusing on advancing railway technology. This unique partnership aims to develop innovative solutions to enhance … Read the full press release
Posted in Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Alstom, Innovation Station, Maria Signal Martebo, partnership, Stockholm, sustainability, Tåg i Bergslagen (TiB)
(IN BRIEF) Alstom’s industrial site in Catalonia welcomed Spanish Minister of Transport and Sustainable Mobility, Oscar Puente, and Renfe President, Raül Blanco, for a tour showcasing the innovative manufacturing process for the 201 new Coradia high-capacity commuter trains being produced … Read the full press release
Posted in Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, Transportation & Logistics
Tagged Alstom, High-Capacity Commuter Trains, Leopoldo Maestu, Oscar Puente, partnership, Raül Blanco, Renfe, Spain, sustainability
(IN BRIEF) Evonik has enhanced its capabilities for RESOMER® powder biomaterials at its Darmstadt site in Germany with the implementation of advanced solvent-free micronization technology. This innovation allows for the production of customized powders with varied particle sizes and material … Read the full press release
(IN BRIEF) PUMA Hoops and LaMelo Ball have teamed up to unveil the LaFrancé, their first-ever lifestyle shoe collaboration. Inspired by LaMelo’s signature style and his lifestyle brand LaFrancé, the sneaker takes cues from 90s and early 2000s skate footwear, … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Germany, Industrial, Investment, Management, News, Sports
Tagged LaFrancé, LaMelo Ball, Noah Bice, partnership, PUMA Hoops, Sneaker, sports
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