(IN BRIEF) Stage 9 of the Olympic Torch Relay in Haute-Garonne, South West France, was a day filled with excitement and inspiration as nearly 150 torchbearers carried the flame through various towns. The Torch Relay showcased the region’s vibrant culture … Read the full press release
Posted in Business, Entertainment, France, Industrial, Management, Media, News, Sports
Tagged Haute-Garonne, Olympic Torch, Paris 2024, sports
(IN BRIEF) At the Annual General Meeting in Frankfurt am Main, shareholders of Fresenius SE & Co. KGaA overwhelmingly approved proposals from the General Partner and the Supervisory Board. Chairman of the Supervisory Board, Wolfgang Kirsch, commended Fresenius’ resilience amidst … Read the full press release
Posted in Business, Financial, Germany, Healthcare, Industrial, Investment, Management, News, Science, Technology
Tagged #FutureFresenius Agenda, AGM, Financial, Fresenius, investment, Michael Sen, Wolfgang Kirsch
(IN BRIEF) Siltronic Portland proudly announces the inauguration of its advanced solar field, underscoring its commitment to sustainability and carbon footprint reduction. CFO Claudia Schmitt emphasizes sustainability as a core value, aligning with Siltronic AG’s ambitious climate action plan to … Read the full press release
(IN BRIEF) HENSOLDT AG’s Annual General Meeting, held at the Wappenhalle in Munich, witnessed significant shareholder representation with 78.36% of share capital present. All agenda items received strong endorsement, including the approval of a dividend distribution of EUR 0.40 per … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Financial, Giuseppe Panizzardi, HENSOLDT AG, investment
(IN BRIEF) TAKKT AG’s 25th Shareholders’ Meeting, held virtually, saw unanimous approval of agenda items including a dividend payout of EUR 1.00 per share. CEO Maria Zesch outlined strategic progress, emphasizing resilience and future growth targets. Departing Supervisory Board members … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Retail
Tagged appointment, Florian Funck, Hubertus Mühlhäuser, leadership, Maria Zesch, Stefan Räbsamen, TAKKT AG, Thomas Schmidt
(IN BRIEF) Following five days of rigorous negotiations, Telekom Germany has finalized a groundbreaking collective agreement affecting approximately 58,000 employees, apprentices, and dual students. The agreement, which marks the highest negotiation outcome in the company’s history, includes substantial benefits for … Read the full press release
Posted in Business, Germany, Industrial, Infrastructure & Utilities, Management, News, Technology, Telecom
Tagged AGREEMENT, Birgit Bohle, Deutsche Telekom, Germany, Peter Kespohl
(IN BRIEF) In a joint effort, the International Finance Corporation (IFC) and the Italian Climate Fund have announced a substantial investment of $210 million into Eni S.p.A.’s Kenya subsidiary to bolster the production and processing of advanced biofuels. This investment, … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Italy, Management, News
Tagged biofuel, Claudio Descalzi, Eni, expansion, Gilberto Pichetto, International Finance Corporation (IFC), Italian Climate Fund, Kenya, Makhtar Diop, partnership, sustainability
(IN BRIEF) AXA has disclosed its AXA Group Solvency and Financial Condition Report (Group SFCR) for the fiscal period ending December 31, 2023, adhering to the directives of Directive 2009/138/EC and Delegated Regulation (EU) 2015/35, collectively known as Solvency II … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Industrial, Insurance, Investment, Management, News
Tagged AXA, Financial, investment
(IN BRIEF) Uniper has entered into a share purchase agreement with Photon Energy Group for the acquisition of a 20.4 MW photovoltaic project in northeastern Poland, expected to close by the end of 2024. The move aligns with Uniper’s strategy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland
Tagged acquisition, partnership, Pawel Tarczewski, Poland, renewable energy, sustainability, Uniper
(IN BRIEF) Prosus N.V. and Naspers have announced the appointment of Fabricio Bloisi as the Chief Executive Officer (CEO) of the Group, effective from July 1, 2024. Fabricio, the former CEO of iFood, brings extensive experience in scaling technology companies … Read the full press release
Posted in Business, Industrial, Management, Netherlands, News, Technology
Tagged appointment, CEO, Ervin Tu, Fabricio Bloisi, Koos Bekker, leadership, Prosus and Naspers Group
(IN BRIEF) PUMA and Borussia Dortmund have launched the 2024/25 Home kit, paying homage to the club’s rich heritage while incorporating modern design elements. The classic Black & Yellow kit features a sleek pinstripe flair, symbolizing Dortmund’s enduring legacy and … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Retail, Sports
Tagged 2024/25 Home Kit, Borussia Dortmund, Carsten Cramer, Marco Mueller, partnership, PUMA, sports, sustainability
(IN BRIEF) LANXESS, a specialty chemicals company, has introduced a new app designed for farmers and veterinarians to bolster biosecurity measures and safeguard livestock during disease outbreaks. The LANXESS Biosecurity Solutions app offers tailored functions including a product finder, push … Read the full press release
Posted in Agriculture, Business, Chemicals, Germany, Industrial, Management, News, Security & Safety, Technology
Tagged Biosecurity Solutions App, LANXESS, Livestock Protection
(IN BRIEF) International technology group ANDRITZ has secured a significant order from Indah Kiat Pulp & Paper TBK to supply a complete old corrugated containers (OCC) line, including a reject treatment system, to the mill in Karawang, Jawa Barat, Indonesia. … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, Indah Kiat Pulp & Paper TBK, Indonesia, partnership, pulp production, sustainability
(IN BRIEF) Volvo Group and Daimler Truck have announced a preliminary agreement to establish a 50/50 joint venture aimed at leading the digital transformation to software-defined heavy-duty commercial vehicles. The joint venture, headquartered in Gothenburg, Sweden, will develop a common … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Commercial Vehicles, Daimler truck, Germany, Martin Daum, Martin Lundstedt, partnership, Software-Defined, sustainability, Volvo Group
(IN BRIEF) Saxo celebrates a significant achievement, surpassing DKK 800 billion in client assets, marking a remarkable milestone in its 25-year journey. While rooted in Danish currency, this achievement is a testament to Saxo’s global expansion and the trust it … Read the full press release
Posted in Banks, Business, Denmark, Economy, Financial, Industrial, Investment, Management, News
Tagged Financial, investment, Kim Fournais, Saxo Bank
(IN BRIEF) In a pioneering effort to advance robotics, Professor Majid Khadiv, TUM’s Professor of AI Planning in Dynamic Environments, is spearheading the development of ‘Automan’, an autonomous humanoid robot capable of undertaking dangerous or repetitive tasks. With a vision … Read the full press release
(IN BRIEF) ABN AMRO’s French private bank branch, Neuflize OBC, has initiated exclusive negotiations with BNP Paribas Cardif to forge a strategic partnership in life insurance in France. This collaboration involves the sale of Neuflize Vie, a joint venture between … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Insurance, Investment, Management, Netherlands, News, United Kingdom
Tagged ABN Amro, BNP Paribas Cardif, Financial, France, insurance, investment, Neuflize OBC, partnership
(IN BRIEF) ABB has announced its agreement to acquire Siemens’ Wiring Accessories business in China, a strategic move aimed at broadening its market reach and enhancing its regional customer offerings within smart buildings. The acquisition encompasses wiring accessories, smart home … Read the full press release
(IN BRIEF) Accenture (NYSE: ACN) has announced its acquisition of OPENSTREAM HOLDINGS and its subsidiaries, Open Stream and Neutral, marking a significant move to enhance its digital engineering and manufacturing capabilities. The acquisition, with undisclosed terms, is set to bring … Read the full press release
(IN BRIEF) Royal Philips presents compelling retrospective study results at the Heart Rhythm Annual Meeting in Boston, showcasing the clinical and economic benefits of its AI-powered cardiac care solutions. The studies demonstrate the efficacy of Philips’ Mobile Cardiac Outpatient Telemetry … Read the full press release
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