(IN BRIEF) The European Investment Bank (EIB) has entered into an agreement with Protix, a leading sustainable protein producer, to provide up to €37 million in financing for the construction of a new production plant in Poland. This initiative aligns … Read the full press release
(IN BRIEF) INSEAD, the global business school, has signed a €60 million financing agreement with the European Investment Bank (EIB) to support its Europe Campus Reimagination project. The loan will facilitate the modernization and expansion of the INSEAD Europe Campus … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, EIB, Europe Campus, expansion, France, INSEAD, modernization, partnership, Professor Francisco Veloso, Renovation EIB, sustainability
(IN BRIEF) Logicor, a major European logistics real estate company, has appointed Ronald van der Waals as Managing Director for the Nordics. In addition to his current role as Managing Director for Northern and Central & Eastern Europe, Ronald will … Read the full press release
(IN BRIEF) H2 Green Steel, a Swedish company, has secured significant financial support from the European Investment Bank (EIB) and the Nordic Investment Bank (NIB) for its pioneering green steel project in Northern Sweden. This project aims to revolutionize the … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Industrial, Metals and Minerals, Sweden
Tagged André Küüsvek, Boden, EIB, European Commission, European Investment Bank, European Union, financing, green steel, H2 Green Steel, Henrik Henriksson, InvestEU programme, NIB, Paolo Gentiloni, RIDW, steel plant, Swede, The Nordic Investment Bank, Thomas Östros
(IN BRIEF) Kathleen Wantz-O’Rourke is set to become the Executive Vice President and Group Chief Financial Officer at SUEZ starting March 15th. Kathleen has extensive international finance experience, having held various CFO positions at SIEMENS in different countries and serving … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Management
Tagged AKKA Technologies, appointment, Circle of Women Leaders in Paris, Duke University, ENGIE, Kathleen Wantz-O'Rourke, NEXANS, Plastic Omnium, Sabrina Soussan, Siemens, SUEZ, the Institut de Haute Finance in Paris, Trust Management Institute, Turgot Prize, University Paris Dauphine
(IN BRIEF) Saab has signed a contract with the United Arab Emirates (UAE) Ministry of Defence for the in-service support of the GlobalEye Airborne Early Warning and Control (AEW&C) system. The contract, worth approximately USD 190 million, covers maintenance, logistics … Read the full press release
(IN BRIEF) Equinor has commenced operations at its Blandford Road battery storage facility in the UK, marking a significant milestone in its efforts to provide flexible power solutions and support the country’s transition to low-carbon energy. The 25 MW/50 MWh … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Norway, Technology, United Kingdom
Tagged Alex Grant, battery storage, British Energy Security Strategy, Danske Commodities, electricity, Electricity North West, ENWL, Equinor, lithium-ion battery, Noriker Power, Olav Kolbeinstveit, power solutions, SEPD, Southern Electric Power Distribution, The Blandford Road battery storage, The Welkin Mill battery storage
(IN BRIEF) Judicial and law enforcement authorities from Germany, Cyprus, Bulgaria, and Sweden collaborated in a coordinated action against an organized crime group suspected of online trading fraud. The criminal network operated fraudulent online trading platforms from call centers and … Read the full press release
Posted in Bulgaria, Business, Cyprus, Economy, Financial, Germany, Government, Industrial, International Trade, Internet & Online, Investment, Law, Management, Netherlands, News, Security & Safety, Sweden, Technology
Tagged Bulgaria, Cyprus, Defrauding, Eurojust, EUROPOL, Fraud Network, Germany, Netherland, online trading, partnership, Sweden
(IN BRIEF) Logicor, a prominent player in European logistics real estate, has achieved a successful placement of €650 million in unsecured notes under its EMTN program. These notes, with a 4.5-year term and a 4.625% coupon, hold a BBB rating … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, News, Real Estate, Transportation & Logistics, United Kingdom
Tagged GROWTH, investment, Logicor, refinancing, Shane Kelly
(IN BRIEF) Eneco and Corre Energy have entered into a provisional agreement to jointly develop and invest in Corre Energy’s inaugural compressed air energy storage (CAES) project in Germany, located in Ahaus, North Rhine-Westphalia. This collaboration will allow Eneco to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News
Tagged Compressed Air Energy Storage (CAES) Project, Corre Energy, Eneco, Germany, Kees-Jan Rameau, Keith McGrane, partnership, sustainability
(IN BRIEF) The Central Bank of Malta has proudly received the Equality Mark from the National Commission for the Promotion of Equality (NCPE), highlighting the institution’s dedication to fostering a discrimination-free work environment and its commitment to gender equality. With … Read the full press release
Posted in Awards, Banks, Business, Financial, Industrial, Investment, Malta, Management, News, Society
Tagged Awards, Central Bank of Malta, equality, gender equality, inclusivity, society
(IN BRIEF) A.P. Moller – Maersk is pleased to welcome Flying Tiger Copenhagen as a new customer, as the Danish retailer commits to transporting its entire ocean freight volume under Maersk’s ECO Delivery solution starting in 2024. This initiative aims … Read the full press release
(IN BRIEF) Milan-based construction company, Webuild Group, has entered into a joint venture with Fomento de Construcciones y Contratas Canada Ltd. (“FCC Canada”) to win a contract valued at approximately €700 million to €1.3 billion for the development and construction … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Transportation & Logistics
Tagged CANADA, FCC Canada, Milan, Ontario Line, Pape Tunnel and Underground Stations (PTUS) Development, partnership, sustainability, Webuild
(IN BRIEF) Vodafone, Qualcomm, and Xiaomi have achieved a major breakthrough in 5G technology through a successful test in Europe. They achieved peak upload speeds of up to 273 megabits per second (Mbps), significantly faster than the typical 100 Mbps … Read the full press release
Posted in Business, Germany, Industrial, Infrastructure & Utilities, Internet & Online, Spain, Technology, Telecom, United Kingdom
Tagged 5G, 5G SA, 5G standalone, 5G uplink technology, Alberto Ripepi, Andi Zhang, Ciudad Real España Advanced Testing Environment, CREATE, Enrico Salvatori, faster upload speeds, Qualcomm, Qualcomm Technologies Inc, upload speeds, vodafone, Xiaomi
(IN BRIEF) Domenico Nucera, President of Iveco Group’s Bus Business Unit, has been appointed as the Chairperson of the bus and coach division of the European Automobile Manufacturers’ Association (ACEA). Nucera’s role is crucial as the European Union aims for … Read the full press release
Posted in Automotive, Belgium, European Union, Industrial, Transportation & Logistics
Tagged ACEA, Anna Westerberg, bus, buses, coach, coaches, Daimler truck, decarbonisation, Domenico Nucera, EU, Iveco Group, MAN, public transport, Scania, The European Automobile Manufacturers’ Association, Volvo Buses, Volvo Group
(IN BRIEF) Plenitude, an Italian energy company specializing in renewable energy, has joined forces with BlueFloat Energy and Sener Renewable Investments to advance offshore wind projects in Spain. This partnership strengthens their existing consortium and creates a dominant player in … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Italy, Spain
Tagged BlueFloat Energy, Carlos Martín, electric vehicle charging points, ENERGY, energy sales, energy services, Miguel Domingo, Offshore wind, offshore wind energy, onshore wind power, Parc Tramuntana, Parque Nordés, Parque Tarahal, Plenitude, renewable sources, Sener Renewable Investments, Solar PV, Spain, Stefano Goberti
(IN BRIEF) Outokumpu has successfully concluded its share repurchase program, acquiring a total of 244,303 of its own shares across various trading venues at a weighted average price of EUR 3.99 per share, amounting to a total cost of EUR … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Acquired Shares, Financial, investment, Outokumpu, share repurchase program
(IN BRIEF) Outokumpu Oyj’s Shareholders’ Nomination Board has put forth several proposals for the Annual General Meeting in 2024. The board suggests re-electing the current eight members of the Board of Directors, with Kari Jordan as Chairman and Kati ter … Read the full press release
Posted in Business, Finland, Industrial, Management, Metals and Minerals, News
Tagged AGM 2024, appointment, Heinz Jörg Fuhrmann, Jouko Pölönen, Julia Woodhouse, Jyrki Mäki-Kala, Kari Jordan, Kati ter Horst, leadership, Outi Antila, Outokumpu, Päivi Luostarinen, Pekka Pajamo, Petter Söderström, Pierre Vareille, Reima Rytsölä, Shareholders' Nomination Board
(IN BRIEF) International technology group ANDRITZ is set to unveil its 2024 growth strategy during its Capital Markets Day event on January 24 in Leipzig, Germany. The event will feature presentations by ANDRITZ Executive Board members, providing updates on the … Read the full press release
Posted in Austria, Business, Economy, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged 2024 Growth Strategy, Andritz, Capital Markets Day, Financial, investment, Leipzig
(IN BRIEF) Altor has successfully closed Altor Fund VI at its hard cap of EUR 3 billion, marking the firm’s largest fund to date. With a track record of strong performance, including a 29% gross IRR and 3.0x money multiple … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden
Tagged Altor, Financial, fund, green transition, Harald Mix, investment, Klas Johansson, Paal Weberg, sustainability
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