(IN BRIEF) MTU Aero Engines AG has achieved a significant milestone by successfully placing a €300 million promissory note (Schuldschein), which garnered strong investor interest and was oversubscribed by two-and-a-half times. CFO Peter Kameritsch noted that due to the high … Read the full press release
(IN BRIEF) Daimler Truck AG celebrates a monumental achievement with the production of the 1 millionth Freightliner Cascadia heavy-duty truck, marking a significant milestone in the North American trucking industry. Since its debut in 2007, the Cascadia has been at … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
(IN BRIEF) Bechtle Group is launching a new subsidiary, Bechtle Additive Manufacturing Deutschland GmbH, in May 2024, dedicated to marketing industrial 3D printing solutions. Stemming from the successful track record of Bechtle PLM Deutschland, this spin-off aims to capitalize on … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged 3D printing solutions, Bechtle, Industrial, partnership, Patrick Schnizler, sustainability, Uwe Burk
(IN BRIEF) KSB, a leading manufacturer of pumps and valves, has announced plans to expand the production of Eta pumps at its headquarters in Frankenthal, Germany, making it the center of excellence for the latest generation of electronically controlled pumps … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Dr. Stephan Timmermann, Eta Pumps, Germany, KSB, partnership, sustainability
(IN BRIEF) TotalEnergies and Vanguard Renewables have established an equally owned joint venture to accelerate the development, construction, and operation of Farm Powered® renewable natural gas (RNG) projects in the United States. The agreement, signed in New York, marks a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Doug Vaccari, Larry Fink, Neil H. Smith, Olivier Guerrini, partnership, Patrick Pouyanné, Renewable Natural Gas Projects, sustainability, TotalEnergies, US, Vanguard Renewables
(IN BRIEF) TotalEnergies EP Congo, an 85%-owned affiliate of TotalEnergies, has inked a deal with Trident Energy, involving the acquisition of an additional 10% interest in the Moho license and the sale of its 53.5% interest in the Nkossa and … Read the full press release
(IN BRIEF) SFC Energy AG, a leading supplier of hydrogen and methanol fuel cells, has partnered with ConnectCom Sarl to develop a customized emergency power solution. The collaboration involves supplying stationary EFOY H₂Cabinet X series units and utilizing the H₂Genset … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Claude Dupont, ConnectCom Sarl, Dr. Peter Podesser, Emergency Power Solutions, Luxembourg, partnership, SFC Energy, sustainability
(IN BRIEF) Hexagon, a global leader in digital reality solutions, has announced the acquisition of Xwatch Safety Solutions, a provider of machine control hardware and software technologies for enhancing safety protocols on construction sites. Xwatch’s solutions, including height control and … Read the full press release
(IN BRIEF) Vodafone has announced a collaboration with Google aimed at simplifying cloud connectivity for businesses. This partnership involves the creation of one of the largest cloud-based software-defined wide area networks (SD-WANs) globally, providing customers with a virtual overlay on … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged businesses, Fanan Henriques, Google, Keith McCallion, Nadia Benabdallah, partnership, Streamline Cloud Connectivity, vodafone
(IN BRIEF) After over 17 years in orbit, NASA’s CloudSat satellite, constructed by BAE Systems, has concluded its mission, providing crucial data on cloud profiles and properties to improve weather prediction models. Launched in 2006, CloudSat was part of a … Read the full press release
(IN BRIEF) Eni’s Board of Directors, under the leadership of Giuseppe Zafarana, approved the unaudited consolidated results for Q1 2024, showcasing an accelerated transformation of the company’s portfolio. CEO Claudio Descalzi highlighted key achievements, including the acquisition of Neptune Energy … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Italy, Management, News
Tagged Claudio Descalzi, Eni, Financial, Giuseppe Zafarana, investment
(IN BRIEF) At the Hannover Messe, Volkswagen Group’s subsidiary Elli, in collaboration with airborne wind turbine manufacturer EnerKíte and the Technical University of Braunschweig, unveils a pioneering research project with potential to revolutionize electric vehicle charging. The project harnesses high-altitude … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Bettina Stark-Watzinger, Elli, Energy-Autonomous EV Charging Solution, EnerKíte, Florian Breipohl, Hannover Messe, Mark Möller, partnership, sustainability, Technical University of Braunschweig, Volkswagen
(IN BRIEF) Investitionsbank Berlin (IBB) is expanding its support for small and medium-sized enterprises (SMEs) in Berlin through a €24.5 million counter-guarantee provided by the European Investment Fund (EIF). This backing, facilitated by the InvestEU programme, allows IBB to enhance … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Berlin, European Investment Fund, Franziska Giffey, Hinrich Holm, Marjut Falkstedt, Nicola Beer, nvestitionsbank Berlin (IBB), partnership, SME, sustainability
(IN BRIEF) JT Group Limited has emerged as the first Channel Partner to offer Vodafone’s Scam Signal, a groundbreaking service designed to fortify fraud defenses for financial institutions. Developed by Vodafone Carrier Services, Scam Signal aims to combat impersonation scams, … Read the full press release
Posted in Business, Financial, Government, Industrial, Internet & Online, Investment, Law, Management, News, Security & Safety, Technology, Telecom, United Kingdom
Tagged Fanan Henriques, financial fraud, JT Group, partnership, Peter Stok, Scam Signal, Scott Taylor, SECURITY, vodafone
(IN BRIEF) DHL Freight has introduced its first fully electric heavy tractor-trailers, Mercedes-Benz eActros 300, in Germany, marking a significant step towards reducing greenhouse gas emissions in delivery and distribution transport. Deployed at the Koblenz and Hagen sites, these vehicles … Read the full press release
(IN BRIEF) Neste, a leading provider of renewable fuels and sustainable solutions, has honored several contractors globally with the Contractor Safety Award as part of its annual Safety Week, commencing on April 22. The award acknowledges contractors’ outstanding safety commitment … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Finland, Industrial, Management, News, Security & Safety
Tagged Award, Contractor Safety Award, Global Contractors, Hannele Jakosuo-Jansson, Neste, safety, Safety Week
(IN BRIEF) Sara Forsberg, currently serving as the acting manager for Vehicle Development at Scania R&D, has been promoted to Executive Vice President, Chief Technical Officer, and Head of Brand Identity Development, effective May 1, 2024. With a career spanning … Read the full press release
(IN BRIEF) International technology group ANDRITZ has secured an order from PT. Pabrik Kertas Indonesia (PT. Pakerin) to revamp two existing OCC lines at its mill in Surabaya, Indonesia. The overhaul aims to significantly enhance pulp quality, boosting competitiveness, operational … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, Indonesia, OCC Lines, partnership, PT. Pakerin, Suryomurti, sustainability
(IN BRIEF) Outokumpu has announced the publication of its interim report for January–March 2024 on May 7, 2024, at approximately 9:00 am EEST. Following the report’s release, a live webcast and conference call will be conducted at 3:00 pm EEST, … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Media, Metals and Minerals, News
Tagged Financial, Heikki Malinen, investment, Linda Häkkilä, Outokumpu, Pia Aaltonen-Forsell, Q1 2024 Interim Report, webcast
(IN BRIEF) Vattenfall and BASF have finalized an agreement for the sale of 49 percent of Vattenfall’s Nordlicht 1 and 2 wind farms to BASF, deepening their collaboration in renewable energy. Nordlicht, Vattenfall’s largest offshore wind project to date, is … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged acquisition, Anna Borg, BASF, Germany, Martin Brudermüller, Nordlicht Wind Farm, partnership, renewable energy, sustainability, Vattenfall
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