(IN BRIEF) In a significant development, Boliden has decided to bolster its provisions for reclamation by SEK 3.8 billion, primarily attributed to ambitious reclamation plans for its Aitik and Garpenberg mines. This decision will trigger an annual depreciation rise of … Read the full press release
(IN BRIEF) Minsait Payments has acquired 100% of Pecunpay, a Spanish Electronic Money Institution specializing in serving fintechs and neo-banks. This strategic move aims to enhance Minsait Payments’ position as a payment technology services provider by integrating Pecunpay’s assets and … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Internet & Online, Investment, Management, News, Spain, Technology
Tagged acquisition, Indra, Javier Rey, Minsait Payments, partnership, Payment Technology Services, Pecunpay, sustainability
(IN BRIEF) Hydro Extrusions, a leading aluminum manufacturer, has joined forces with UK startup Watt Electric Vehicles (WEVC) to supply recycled, low-carbon aluminum extrusions for WEVC’s upcoming electric commercial vehicle, the eCV1. This collaboration aims to reduce the vehicle’s weight … Read the full press release
Posted in Automotive, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Norway, Technology, United Kingdom
Tagged eCV1, electric commercial vehicle, Hydro Extrusions, Hydro Tibshelf, innovative, low-carbon aluminum, Norsk Hydro, partnership, Paul Warton, sustainability, Watt Electric Vehicles
(IN BRIEF) Riverty, a prominent FinTech player, has teamed up with the global community GirlCode to address the alarming gender imbalance in the tech and FinTech sectors in Europe. Recent statistics reveal that only 22% of tech roles in European … Read the full press release
Posted in Business, Economy, Financial, Germany, Government, Industrial, Internet & Online, Investment, Management, News, Society, Technology, United Kingdom
Tagged Alexia Röell, European tech, FinTech Sectors, Gender Disparity, GirlCode, James Grant, partnership, Riverty, society, women empowerment
(IN BRIEF) Schneider Electric is partnering with Hailo Technologies, an AI chipmaker, to incorporate Hailo’s advanced processors into Schneider Electric’s industrial automation solutions. This collaboration aims to enhance industrial automation performance, with key benefits including six times faster object detection, … Read the full press release
Posted in Business, Electronics & Machinery, Germany, Industrial, Technology
Tagged AI, AI chipmaker, Artificial Intelligence chipmaker, Aurelien LeSant, automation, automation solutions, digital transformation, Energy management, Eyal Barnea, Hailo Technologies, Hailo-8 AI processor, processors, Schneider Electric, Smart Production Solutions
(IN BRIEF) SEB, a leading financial services group, has revealed its 2030 sector targets aimed at aligning its credit portfolio with net-zero emissions goals. These targets, covering sectors like oil & gas, power generation, steel, car manufacturing, and more, are … Read the full press release
Posted in Banks, Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden
Tagged Hans Beyer, Johan Torgeby, net-zero, SEB, sustainability
(IN BRIEF) Malta Inc., a leader in long-duration energy storage (LDES), has announced a grant awarded to its German subsidiary for a €9-million project aimed at expediting Germany’s energy transition efforts. The project, supported by the German Federal Ministry for … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Alasdair Maciver, Alfa Laval, decarbonization, Deutsches Zentrum für Luft- und Raumfahrt (DLR), energy transition, Malta Inc., partnership, Prof. Dr. André Thess, Ramya Swaminathan, Siemens Energy Germany, Sigmund Brielmaier, sustainability
(IN BRIEF) Schmalz, a vacuum technology innovator, has introduced SCTMi mini-compact terminals, offering enhanced efficiency and flexibility for vacuum systems. These compact terminals, available in different configurations, can control two to 16 separate vacuum circuits and are smaller and lighter … Read the full press release
Posted in Electronics & Machinery, Germany, Industrial, Technology
Tagged Schmalz, SCTMi mini-compact terminals, vacuum, vacuum technology
(IN BRIEF) Orange, a leading telecommunications company in France, has launched the “Orange Satellite with Nordnet” offering to provide superfast broadband access across mainland France. Priced at €49.99 per month, this satellite-based service is aimed at customers without access to … Read the full press release
Posted in France, Industrial, Infrastructure & Utilities, Internet & Online, Technology, Telecom
Tagged 4G, 5G Home, ADSL, Ariane 5, connectivity, European Space Agency, EUTELSAT KONNECT VHTS, Eutelsat Konnect VHTS satellite, fiber, French space agency, Jean-François Fallacher, Orange, Orange Satellite with Nordnet, satellite, Spacebus NEO, superfast broadband, superfast broadband connectivity, Thalès Alenia Space
(IN BRIEF) The Vienna Stock Exchange has announced the addition of a new international trading member, Barclays Bank Ireland PLC, effective from November 15, 2023. Barclays’ participation in the exchange is seen as a strategic move to provide comprehensive and … Read the full press release
(IN BRIEF) Lightsource bp has demonstrated its commitment to employee development by providing learning and development opportunities for its team members. Recently, 30 team members across EMEA, the US, and Brazil successfully completed a Lean Practitioner training course, earning their … Read the full press release
Posted in Business, Education, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Anna Lyons, Brazil, development, EMEA, Employees, knowledge, Lean Practitioner Training Course, learning, Lightsource BP, Livia Fiuza, partnership, SCQF Level 7 Qualification, skills, Team Members, US
(IN BRIEF) Arkema, a global leader in specialty materials, is set to exhibit its innovative and sustainable coating solutions at Chinacoat 2023 in the Shanghai New International Expo Centre (SNIEC) from November 15th to 17th. The company is committed to … Read the full press release
Posted in Business, Chemicals, Environment, France, Government, Industrial, Investment, Management, Media, News
Tagged Arkema, CHINA, Chinacoat 2023, exhibition, INNOVATION, Ms. Julie Xiaoyu Zhang, sustainability, Sustainable Coating Solutions
(IN BRIEF) According to data from the Barclays Business Barometer, UK retailers are embracing an early start to the Christmas season, with 49% of them opting to display festive goods earlier this year to help customers spread the cost of … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Internet & Online, Investment, Management, News, Retail, United Kingdom
Tagged Barclays, Christmas season, Early Christmas Displays, Festive Sales, Karen Johnson, UK Retailers
(IN BRIEF) DHL Supply Chain is taking a significant stride towards environmental sustainability with the launch of its global Green Transport Policy. The policy aims to substantially reduce carbon emissions, particularly from its transportation services, aligning with the company’s Sustainability … Read the full press release
Posted in Business, Environment, Finland, Germany, Industrial, Investment, News, Transportation & Logistics
Tagged DHL, Financial, Greener Alternatives, investment, Oscar de Bok, sustainability
(IN BRIEF) BASF, a leading global producer of battery materials, and SK On, a prominent electric vehicle battery cell manufacturer, have entered into an agreement to explore collaboration opportunities in the global lithium-ion battery market, with a particular focus on … Read the full press release
Posted in Automotive, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Asia Pacific, BASF, cathode active materials (CAM), Dr. Peter Schuhmacher, Jee Dong-seob, lithium-ion battery, North America, partnership, SK On, South Korea, sustainability
(IN BRIEF) T-Systems, the business-customer IT affiliate of Deutsche Telekom, has been recognized as a leader in the AWS (Amazon Web Services) ecosystem by ISG (Information Services Group). In ISG’s Provider Lens™ analyst report on AWS ecosystem partners, T-Systems achieved … Read the full press release
Posted in Awards, Business, Germany, Industrial, Management, News, Technology, Telecom
Tagged Awards, aws, Helena Herselman, ISG, T-Systems, Top 'Leader' Status
(IN BRIEF) Siemens AG has taken significant steps to support the stability and accelerate the separation of Siemens Energy AG in India. Siemens plans to enter into a share purchase agreement to acquire an 18% stake in Siemens Ltd. India … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged partnership, Roland Busch, Siemens AG, Siemens Energy, Siemens Ltd. India, sustainability
(IN BRIEF) The European Investment Fund (EIF) and LocalTapiola Corporate Lending I GP Ltd, a Finnish alternative lender, have signed two portfolio guarantee agreements, enabling the provision of €32 million in new loans to small businesses and mid-caps in Finland. … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Finland, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIF, Finland, LocalTapiola, Marjut Falkstedt, Matti Kiviniemi, partnership, small businesses, SMEs, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is strengthening its collaboration with Georgia’s leading financial institution, TBC Bank, by providing a $30 million (€28.1 million) financing facility. This funding is aimed at bolstering TBC Bank’s capital base … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged Alkis Vryenios Drakinos, Climate Governance, EBRD, GEORGIA, partnership, sustainability, TBC Bank, Vakhtang Butskhrikidze
(IN BRIEF) ArcelorMittal, a global steel industry leader, is entering the additive manufacturing (AdM) market as a supplier of high-quality steel powders. The company is constructing an industrial-scale atomizer in Spain, with production scheduled to begin in January 2024. This … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Investment, Luxembourg, Metals and Minerals, Spain, Technology
Tagged 17-4PH, 316L, 430L, AdamIQ™, additive manufacturing, ADM, ArcelorMittal, ArcelorMittal Powders, atomiser, Aviles, Binder Jetting, Colin Hautz, direct energy deposition, Gregory Ludkovsky, H11, H13, inert gas atomiser, laser powder bed fusion, low alloy steels, LPBF, M300, scrap steel, Spain, stainless steels, steel powder supplier, steel powders, tool steels
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