(IN BRIEF) Sika, a global leader in construction and automotive solutions, has opened a cutting-edge Technology Center in Suzhou, China. This center, with a substantial double-digit million CHF investment, focuses on sustainable and high-performance technologies for the construction and automotive … Read the full press release
Posted in Automotive, Business, Chemicals, Construction, Industrial, Switzerland, Technology
Tagged adhesives, Cement, CHINA, concrete admixtures, Patricia Heidtman, sealants, Sika, Suzhou
(IN BRIEF) The European Investment Bank (EIB) has signed a €20 million venture debt financing agreement with The Akkermansia Company, a Belgian microbiome health specialist, supported by the European Commission’s InvestEU initiative. The Akkermansia Company, originating as a spin-off from … Read the full press release
Posted in Banks, Belgium, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Pharma & Biotech, Science, Technology
Tagged Akkermansia Company, Belgium, EIB, financing, Kris Peeters, Michael Oredsson, Microbiome Health Research, partnership, sustainability
(IN BRIEF) Novadip, a Belgian biotech company, has secured €18 million in venture debt financing from the European Investment Bank (EIB) with support from the European Union’s InvestEU initiative. The funds will be utilized for clinical trials of NVD-003, an … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and Ingeteam, a Spanish company specializing in electrical engineering and equipment development, have signed a €46 million loan agreement for a two-year investment plan. The plan focuses on research, development, and innovation (RDI) … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Luxembourg, Management, News, Spain
Tagged Adolfo Rebollo, EIB, Ingeteam, Integration Research, partnership, renewable energy, Ricardo Mourinho Félix, Spain, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Nordic Investment Bank (NIB) have signed a financing agreement for the Mažeikiai onshore wind farm in Lithuania, developed by Ignitis Group, a leading energy company in the Baltics. Both EIB and NIB … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News
Tagged André Küüsvek, EIB, Ignitis Group, Jonas Rimavičius, Lithuania, Mažeikiai Onshore Wind Farm, NIB, partnership, sustainability, Thomas Östros
(IN BRIEF) The German Bundeswehr has signed a contract with Airbus Helicopters for the acquisition of up to 82 multi-role H145M helicopters, comprising 62 firm orders and 20 options. This order is not only the largest ever for the H145M … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Transportation & Logistics
Tagged acquisition, Airbus, Bruno Even, German Bundeswehr, H145M, helicopters, partnership, sustainability
(IN BRIEF) Japan Airlines (JAL) has taken delivery of its first Airbus A350-1000 aircraft, marking a significant addition to the airline’s international fleet. The A350-1000 will initially operate on the Tokyo Haneda – New York JFK route. JAL’s A350-1000 is … Read the full press release
Posted in Aviation & Aerospace, Business, Economy, France, Industrial, Management, News, Travel
Tagged A350-1000, Airbus, flights, International Routes, Japan Airlines, New York, partnership, Tokyo
(IN BRIEF) STMicroelectronics has introduced the VL53L8CX, its latest-generation 8×8 multizone time-of-flight (ToF) ranging sensor, designed for various applications including human-presence sensing, gesture recognition, robotics, and industrial uses. The sensor features a 940nm vertical cavity surface emitting laser (VCSEL), a … Read the full press release
(IN BRIEF) Linde, a global industrial gas and engineering company, has announced its 21st consecutive inclusion in the Dow Jones Sustainability World Index (DJSI World), along with its inclusion in the DJSI North America. The DJSI World represents sustainability leaders … Read the full press release
Posted in Awards, Business, Chemicals, Energy, Gas & Oil, Environment, Industrial, Management, News, United Kingdom
Tagged Awards, Dow Jones Sustainability World Index, Linde, Sanjiv Lamba, sustainability
(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, has partnered with ZWILLING, a leading supplier of high-quality kitchen products, and steel trading company STAHL KREBS to reduce the carbon footprint of stainless steel knives. The collaboration involves the … Read the full press release
(IN BRIEF) International technology group ANDRITZ has been awarded a significant follow-up order from Suzano, a leading Brazilian pulp and paper producer, to undertake a major conversion project at the Limeira pulp mill. The project aims to expand Suzano’s eucalyptus-based … Read the full press release
Posted in Austria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, Brazil, Eucafluff® pulp, Jean Moraes, Leonardo de Figueiredo, Limeira Pulp Mill, partnership, sustainability, Suzano
(IN BRIEF) ANDRITZ, a leading international technology group, has announced the amicable resignation of Domenico Iacovelli, effective December 31, 2023. Iacovelli, who played a crucial role in overseeing the Metals business area, will be stepping down from the Executive Board. … Read the full press release
Posted in Austria, Business, Industrial, Management, News, Technology
Tagged Andritz, Domenico Iacovelli, Executive Board, Joachim Schönbeck, resignation
(IN BRIEF) On December 1st, the Orange County Transportation Authority (OCTA) celebrated the opening of the I-405 Express Lanes system, a pioneering infrastructure project designed and built by Kapsch TrafficCom. The state-of-the-art system, featuring FasTrak® transponder technology, offers commuters an … Read the full press release
(IN BRIEF) DNV is at the forefront of advancing hydrogen pipeline research through its partnership with National Gas Transmission (NGT) in the expansion of the groundbreaking FutureGrid project. NGT, supported by DNV and other collaborators, secured two Strategic Innovation Funded … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, United Kingdom
Tagged DNV, Dr Gary Tomlin, FutureGrid, Hari Vamadevan, Hydrogen Pipeline Research, Martin Cook, National Gas Transmission (NGT), partnership, sustainability, UK
(IN BRIEF) Dassault Aviation has extended its utilization of Dassault Systèmes’ 3DEXPERIENCE platform, hosted on a sovereign cloud, to enhance the maintenance, repair, and overhaul (MRO) processes for its Rafale aircraft fleet serving the French Ministry of Armed Forces. The … Read the full press release
(IN BRIEF) bp and BWT Alpine F1 Team have announced a partnership focused on enhancing energy efficiency and sustainability at the Alpine F1 Team’s Enstone facility in Oxfordshire. The collaboration leverages bp’s advanced data measurement and analysis tools, including DIGBOX®, … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Sports, United Kingdom
Tagged BP, BWT Alpine F1 Team, energy efficiency, Nicola Buck, partnership, Philippe Krief, Rob White, sports, sustainability
(IN BRIEF) TotalEnergies has signed a wage agreement for 2024 with majority approval (71%) from the CFE-CGC, CFDT, and CAT trade unions. The agreement covers approximately 14,000 employees in France who fall under the Common Corpus of Employee Relations Agreements … Read the full press release
Posted in Business, Financial, France, Industrial, Management, News
Tagged Bonus, CAT trade unions, CFDT, CFE-CGC, Financial, French Employees, partnership, Patrick Pouyanné, Salary Increase, TotalEnergies
(IN BRIEF) Equinor has reached an agreement to purchase Shell’s equity stake and operatorship of the Linnorm discovery in the Norwegian Sea. This acquisition will grant Equinor a 30% interest in PL 255, which covers the Linnorm discovery, subject to … Read the full press release
(IN BRIEF) CUPRA, in collaboration with Wilson Sporting Goods Co., has revealed the innovative CUPRA Wilson LT Padel Racket, the third racket developed under this partnership. Designed entirely by CUPRA and crafted by Wilson, the racket draws inspiration from CUPRA’s … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Investment, Management, News, Spain, Sports, Technology
Tagged CUPRA, CUPRA Wilson LT Padel Racket, Ignasi Prieto, Iñaki Cabrera, partnership, SEAT, sports, UrbanRebel Racing Concept, Wilson
(IN BRIEF) Zurich Insurance Group has announced the appointment of Claudia Cordioli as Group Chief Financial Officer (CFO), effective from March 1, 2024, pending regulatory approval. Cordioli will also become a member of the Executive Committee. She will succeed George … Read the full press release
Posted in Business, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged appointment, CFO, Claudia Cordioli, George Quinn, leadership, Mario Greco, Zurich Insurance Group
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