(IN BRIEF) In celebration of its 125th anniversary, RWE established the RWE Foundation with a substantial starting capital of 125 million euros, dedicated to fostering equal opportunities for children and young people across Europe. The foundation recently unveiled two of … Read the full press release
Posted in Business, Education, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News, Non Profit, Society
Tagged Disadvantaged Youth, donation, Education, Endowment, Gabriele Tennagels, RWE, RWE Foundation, society
(IN BRIEF) Airbus has celebrated the successful delivery of its inaugural Airbus A321neo from its advanced A320 Family Final Assembly Line (FAL) in Toulouse. This milestone marks the start of the production ramp-up at the new facility, emphasizing Airbus’ commitment … Read the full press release
Posted in Aviation & Aerospace, Business, Financial, France, Government, Industrial, Investment, Management, News
Tagged A320, A321neo, Airbus, Final Assembly Line (FAL), partnership, Toulouse
(IN BRIEF) A.P. Moller-Maersk (Maersk) has signed an MoU with the City of Yokohama and Mitsubishi Gas Chemical (MGC) to collaborate on establishing green methanol bunkering infrastructure in Yokohama, Japan. This partnership aligns with Maersk’s goal of achieving net-zero emissions … Read the full press release
Posted in Business, Denmark, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Transportation & Logistics
Tagged Dr. Takeharu Yamanaka, Green Methanol Bunkering, Japan, Maersk, Masashi Fujii, Mitsubishi Gas Chemical Company, partnership, sustainability, Toru Nishiyama, Yokohama City
(IN BRIEF) Vestas, the global wind turbine manufacturer, has clinched a significant order for 254 MW to power an undisclosed wind project in Australia. The order encompasses 41 V162-6.2 MW wind turbines sourced from Vestas’ EnVentus platform. In addition to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Australian Project, partnership, sustainability, Vestas, wind turbine
(IN BRIEF) On December 22, 2023, Outokumpu successfully concluded the repurchase of its own shares in accordance with its share buyback program, as previously announced on November 29, 2023. The program, authorized by the Annual General Meeting, allows for the … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged buyback program, Financial, investment, Outokumpu, shares
(IN BRIEF) Skanska has entered into a contract with the State of Tennessee for the extensive renovation of the iconic War Memorial Building in Nashville, Tennessee, USA. Valued at USD 81 million (approximately SEK 860 million), this project will be … Read the full press release
(IN BRIEF) Skanska is committing CZK 1 billion (approximately SEK 480 million) to fund the second phase of the Modransky cukrovar residential development project in Prague, Czech Republic. This phase will encompass 126 apartments and six commercial units, and it … Read the full press release
Posted in Business, Construction, Czech Republic, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Sweden
Tagged eco-friendly, investment, partnership, Prague, residential project, Skanska
(IN BRIEF) Iberdrola has achieved a significant environmental milestone with the approval of Spain’s inaugural hybrid photovoltaic and hydroelectric plant, known as HIDRO Cedillo. The project, located in Extremadura’s municipality of Cedillo, is set to boast an impressive capacity of … Read the full press release
(IN BRIEF) AstraZeneca has announced its definitive agreement to acquire Gracell Biotechnologies Inc. (NASDAQ: GRCL), a global biopharmaceutical company specializing in cell therapies for cancer and autoimmune diseases. This strategic move aims to bolster AstraZeneca’s presence in the field of … Read the full press release
Posted in Business, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged acquisition, Adrian Kemp, AstraZeneca, cell therapy, Dr. William Cao, Gracell Biotechnologies, Gracell's GC012F, partnership, Susan Galbraith, sustainability
(IN BRIEF) Terna, Italy’s national power grid operator, has achieved noteworthy milestones by securing the “UNI Pdr 104 2021” certification for robust administrative and tax governance and being admitted to the Italian Revenue Agency’s Collaborative Compliance tax scheme. The certification, … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Italy, Management, News
Tagged Financial, Giuseppina Di Foggia, Governance, investment, Italian Tax Scheme, Milestones, Tax Transparency, Terna
(IN BRIEF) Norsk Hydro ASA has provided an update on its share buyback program, which commenced on September 22, 2023, and is scheduled to conclude on February 29, 2024. The program’s recent transactions include the purchase of 75,309 shares on … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Norway
Tagged Financial, investment, Norsk Hydro, Share Buyback Program, shares
(IN BRIEF) Aviva plc has announced its anticipation of an additional £80 million in proceeds from the sale of its stake in Singapore Life Holdings Pte Ltd (Singlife) to Sumitomo Life Insurance Company, as Sumitomo Life agreed to acquire TPG’s … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Aviva, deal, Financial, investment, partnership, Singapore, Singlife, Sumitomo, sustainability
(IN BRIEF) Amey, a facilities management provider, conducted an energy reduction campaign during Net Zero Week in schools across Barnsley and Bradford. They achieved significant carbon emission reductions of 5.91% in Barnsley and 5.4% in Bradford, totaling a reduction of … Read the full press release
Posted in Education, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Technology, United Kingdom
Tagged Alan Crossley, Amey, Barnsley, Bradford, Cara Akroyd, carbon savings, energy reduction campaign, facilities management of schools, Net Zero Week, SCHOOLS, Stephanie Hennebry
(IN BRIEF) Rheinmetall, a technology enterprise, has secured a significant contract worth approximately €328 million from the Romanian Ministry of Defence. This contract involves the comprehensive modernization of Romania’s Oerlikon GDF 103 air defence artillery systems, marking Rheinmetall’s first major … Read the full press release
Posted in Defence, Germany, Government, Industrial, Romania, Transportation & Logistics
Tagged 35mm GDF009 TREO Oerlikon Twin Guns, 35mm Gepard antiaircraft tank, air defence artillery systems, air defence system, Armin Papperger, EU Member, NATO, Oerlikon GDF 103, Oerlikon Skymaster TLCN fire control system, Rheinmetall, Romania, Romanian air defence systems, Romanian ministry of defence, Skynex, tracking radar, X-Band Tactical Acquisition Radar 3D, X-TAR3D
(IN BRIEF) ArcelorMittal, a prominent global steel and mining company, has announced its collaboration with dss+, a leading sustainable operations management consulting service, to conduct a comprehensive safety audit across the company. The decision to undertake this company-wide audit aligns … Read the full press release
(IN BRIEF) Equinor has signed an agreement to sell all its remaining assets in Azerbaijan to SOCAR (State Oil Company of Azerbaijan Republic). These assets include stakes in the Azeri Chirag Gunashli (ACG) oil fields, the Baku-Tbilisi-Ceyhan (BTC) pipeline, and … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Investment, Norway
Tagged ACG, Azerbaijan, Azeri Chirag Gunashli, Baku-Tbilisi-Ceyhan, BP, divestment, Equinor, oil fields, Philippe Mathieu, Rovshan Najaf, SOCAR
(IN BRIEF) Thales has secured a contract with Singapore’s Land Transport Authority (LTA) to modernize two key depots serving the North-South and East-West Lines (NSEWL) of the Mass Rapid Transit (MRT) network. These are vital routes for over 1.4 million … Read the full press release
Posted in France, Industrial, Infrastructure & Utilities, Technology, Transportation & Logistics
Tagged advanced interlocking solution, Alcino De Sousa, Bishan Depot, DEPOT SIGNALLING, Land Transport Authority, LTA, Mass Rapid Transit, MRT, rail lines, rail signalling system, Singapore, Thales, Toa Payoh, Ulu Pandan Depot, Yio Chu Kang, Yu Feng
(IN BRIEF) An international consortium of institutions is lending vital support to the development of a second container terminal at Damietta Port in Egypt, a project set to triple the port’s container capacity and enhance its competitiveness. The project is … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is partnering with Türkiye Sinai Kalkinma Bankasi (TSKB), a development bank, to support Kutes, a prominent Turkish metal casting company, in its shift toward sustainable energy practices. TSKB is providing … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Small Business, Turkey, United Kingdom
Tagged EBRD, Kutes, partnership, SMEs, sustainability, sustainable energy, Turkey, Türkiye Sınai Kalkınma Bankası (TSKB)
(IN BRIEF) The European Investment Bank (EIB) Group, comprising the European Investment Bank and European Investment Fund, has partnered with Santander in a synthetic securitisation transaction aimed at supporting energy efficiency investments in Spain. The initiative focuses on financing the … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain
Tagged Catalina García Mejía, EIB Group, EIF, energy efficiency, Green Mortgages, investments, Marjut Falkstedt, Ricardo Mourinho Félix, Santander, Spain
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