(IN BRIEF) Ørsted, a leading renewable energy company, has teamed up with Danish district heating providers VEKS and CTR to utilize surplus heat generated by a carbon capture plant at Avedøre Power Station. This surplus heat will be used to … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is backing the growth of venture capital markets in the Baltic states by providing a €10 million investment in Practica Venture Capital III, managed by Lithuania-based venture capital manager Practica … Read the full press release
Posted in Banks, Business, Environment, Estonia, Financial, Government, Industrial, Investment, Latvia, Lithuania, Management, News, Technology, United Kingdom
Tagged Anne Fossemalle, Baltic Venture Capital Fund, EBRD, Estonia, INNOVATION, investment, Latvia, Lithuania, partnership, Practica Capital, sustainability, Tomas Andriuškevičius
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is granting a $42 million (€38.71 million) loan to Azerbaijan Caspian Shipping Company (ASCO), a state-owned shipping company in Azerbaijan. ASCO plans to use the funds to acquire two Handysize … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has signed a €49 million loan agreement with the City of Split to support its 2023-2027 multi-sector investment program aimed at revitalizing public infrastructure. This marks the EIB’s first flagship municipal operation in … Read the full press release
(IN BRIEF) In 2023, the European Investment Bank (EIB) Group experienced robust growth in France, providing nearly €12 billion in long-term financing to the private sector and local and regional authorities. This included €10.6 billion from the EIB and €1.4 … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Ambroise Fayolle, Climate Action, EIB, EIF, France, INNOVATION, investment, Marjut Falkstedt, partnership, SMEs, sustainability, sustainable infrastructure
(IN BRIEF) The European Investment Bank (EIB) Group in Austria has revealed its commitment to financing projects focused on renewable energies, water supply, and social housing in 2023, with a total investment of €1.26 billion. Despite an initial cautious approach … Read the full press release
Posted in Austria, Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News, Real Estate
Tagged Austria, European Investment Bank, Housing Projects, partnership, renewable energy, SMEs, sustainability, Thomas Östros, water supply
(IN BRIEF) International technology group ANDRITZ is set to showcase its extensive array of solutions for dewatering, drying, and automation in the food industry at Anuga FoodTec 2024 in Cologne, Germany. One of the highlights includes their groundbreaking Turbex extraction … Read the full press release
Posted in Austria, Business, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Management, Media, News, Technology
Tagged Andritz, Anuga FoodTec 2024, automation, Cologne, dewatering, drying, extraction system, food industry, Germany, Innovation Center
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to $100 million to Enerjisa Enerji A.S. in Turkey to support the modernization and reconstruction of the electricity distribution network in the earthquake-affected Toroslar … Read the full press release
Posted in Banks, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Turkey, United Kingdom
Tagged Aida Sitdikova, earthquake, EBRD, Electricity Network Reconstruction, Enerjisa Enerji, partnership, Philipp Ulbrich, sustainability, Turkey
(IN BRIEF) RESA, an energy distribution network operator, has partnered with the European Investment Bank (EIB) to secure a €190 million loan agreement to support the first phase of its industrial plan for 2023-2026. The energy transition necessitates substantial investments … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, energy transition, Gil Simon, Kris Peeters, partnership, RESA, sustainability
(IN BRIEF) The European Investment Bank (EIB) has signed a guarantee agreement with TBC Bank, supported by the European Union, to provide favorable financing terms and reduced collateral requirements for the local private sector in Georgia. This partnership will enable … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, European Union, GEORGIA, partnership, Paweł Herczyński, SME, sustainability, TBC Bank, Teresa Czerwinska, Vakhtang Butskhrikidze
(IN BRIEF) Mercedes-Benz has once again partnered with Continental for its new E-Class model, equipping it with EcoContact 6 Q tires known for energy-efficient driving and reduced noise levels. These tires offer benefits such as extended service life and low … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Continental, E-Class tires, efficiency, Mercedes-Benz, partnership, safety
(IN BRIEF) SCC is excited to announce its strategic partnership with iboss, a renowned leader in cloud security, to deliver an innovative Zero Trust security service. Recognizing the evolving landscape of cloud-first environments, SCC aims to provide robust security solutions … Read the full press release
(IN BRIEF) Evonik, a prominent silica producer, is investing in the expansion of its precipitated silica plant in Charleston, USA, to meet the rising demand, particularly from the tire industry in North America. The investment, amounting to a mid-double-digit million … Read the full press release
Posted in Automotive, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Charleston, Emmanuel Auer, Evonik, investment, Lauren Kjeldsen, Maike Schuh, partnership, silica production, sustainability, tire industry, USA
(IN BRIEF) The Growth Fund LLO-Katalystor has awarded a €2 million grant to a collaborative partnership involving Saxion University of Applied Sciences, ROC Twente, University of Twente, and various other partners in Twente. This initiative aims to address the challenges … Read the full press release
(IN BRIEF) Ericsson has obtained authorization as a CVE Numbering Authority (CNA), allowing the company to identify and document publicly disclosed software system vulnerabilities. This designation enables Ericsson to contribute to global cybersecurity efforts and strengthen digital resilience. As a … Read the full press release
(IN BRIEF) EOS Investment Management Group (EOS IM) and Lightsource bp have finalized the sale of six solar greenfield projects in Italy to EOS IM, adding a 294MW portfolio to their existing solar power assets in Italy. These projects, either … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, United Kingdom
Tagged EOS Investment Management Group, Giovanni Mascari, Giuseppe La Loggia, Italy, Lightsource BP, Mauro D’Addetta, Natalino Mongillo, partnership, Riccardo Belli, Solar Greenfield Projects, sustainability
(IN BRIEF) Lightsource bp recently held the New Energy Business School for the second consecutive year, offering a comprehensive two-day program focused on energy transition business and leadership. Located in the Netherlands, the school provides advanced education in various aspects … Read the full press release
Posted in Business, Education, Energy, Gas & Oil, Industrial, Management, Media, Netherlands, News, United Kingdom
Tagged Bert Stuj, Education, Energy Business School, energy transition, Jolyon Ridgwell, Lightsource BP, Netherland
(IN BRIEF) DNV, a leading independent assurance and risk management provider, has officially opened its Training Hub for Industrial Knowledge (THInK) in Abu Dhabi, United Arab Emirates. This state-of-the-art training facility, the first of its kind in the region, aims … Read the full press release
(IN BRIEF) Sweden and France have signed a strategic partnership agreement aimed at bolstering their defense collaboration, focusing on anti-tank and air defense capabilities. As part of this initiative, Saab and MBDA, the CEOs of which are Micael Johansson and … Read the full press release
Posted in Business, Defence, Financial, France, Government, Industrial, Investment, Management, News, Security & Safety, Sweden
Tagged Defense, Emmanuel Macron, Eric Béranger, France, MBDA, Micael Johansson, partnership, Saab, Sweden
(IN BRIEF) Ather Energy, a leading Indian electric scooter manufacturer, has increased its utilization of Siemens’ Xcelerator portfolio of industry software to streamline its design and engineering processes, enhance product quality, and expedite time-to-market for its electric two-wheelers. Siemens Digital … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Ather Energy, Electric Scooter, INDIA, partnership, Robert Jones, Siemens, sustainability, Swapnil Jain
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