(IN BRIEF) The UK Ministry of Defence (MOD) has placed a £20 million order with BAE Systems for the supply of small arms munitions over the next two years. These munitions include 5.56mm and 7.62mm rounds, and they will be … Read the full press release
Posted in Business, Defence, Government, Industrial, Technology, United Kingdom
Tagged Ammunition, BAE Systems, Glynn Plant, Grant Shapps, JOBS, MOD, Radway Green, small arms munitions, The UK Ministry of Defence, UK munitions
(IN BRIEF) Amey, a provider of facilities management services and project solutions for the public estate, has assisted its client in achieving a 30% reduction in carbon emissions across its Avon and Somerset Courts contract. The reduction not only aligns … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Amey, Avon, Bristol Magistrates, carbon reduction, David O’Shaughnessy, North Somerset Courthouse, partnership, Queensway House, Somerset Courts, sustainability
(IN BRIEF) Arnaud Lagardère, Chairman and CEO of Hachette Livre, has announced the appointment of Stéphanie Ferran as Deputy CEO of the Hachette Livre group, effective immediately. In her new role, Ferran will support Hachette Livre’s ambitions in the publishing … Read the full press release
Posted in Business, France, Industrial, Management, News, Retail, Travel
Tagged appointment, Arnaud Lagardère, Deputy CEO, Hachette Livre, Lagardère SA, leadership, Stéphanie Ferran
(IN BRIEF) Continental, a leading technology company, is showcasing its extensive product and service portfolio tailored to the agricultural sector at Agritechnica 2023. Under the theme “Our Smart Farming. For your harvest of tomorrow,” Continental presents a range of sustainable … Read the full press release
Posted in Agriculture, Automotive, Business, Environment, Germany, Industrial, Management, Media, News, Technology
Tagged Agritechnica 2023, Christian Kötz, Continental, innovative, Philip Nelles, Sustainable Smart Farming
(IN BRIEF) Continental, a leading automotive technology company, has unveiled a series of measures aimed at strengthening the competitiveness of its Automotive sector. The company plans to simplify and streamline its business and administrative structures, targeting an annual cost reduction … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News, Technology
Tagged Automotive Sector, competitiveness, Continental, Philipp von Hirschheydt, Streamlining Measures
(IN BRIEF) Glencore is set to purchase a 77% effective interest in Teck Resources Limited’s steelmaking coal business, Elk Valley Resources (EVR), for $6.93 billion in cash. The deal includes NSC’s and POSCO’s interests in EVR. Upon completion, EVR will … Read the full press release
Posted in Business, Industrial, Investment, Metals and Minerals, Switzerland
Tagged acquisition, CANADA, Canadian steelmaking coal, cobalt, copper, Elk Valley Resources, Elkview Operations, EVR, Fording River, Gary Nagle, Glencore, Glencore plc, Greenhills, Greenhills joint venture, Line Creek, Mines, Neptune Terminals, nickel, Nippon Steel Corporation, North Vancouver, NSC, oal mines, POSCO, Southeast British Columbia, steelmaking coal, steelmaking coal business, Teck, Teck Resources Limited, zinc
(IN BRIEF) Alfa Laval, as part of the Swedish delegation to COP28, is actively participating in discussions and collaborations to expedite the transition to net-zero emissions by 2050. The company’s focus revolves around the systemic shift in key industries, including … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, Media, News, Sweden, Technology
Tagged Alfa Laval, climate change, COP28, net-zero emissions, partnership, sustainability, transition
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is allocating up to €6 million to Banka për Biznes in Kosovo for onward lending to micro, small, and medium-sized enterprises (MSMEs). This initiative aims to enhance entrepreneurship, market competitiveness, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Banka për Biznes, EBRD, economy, Kosovo, Mimoza Godanci, MSMEs, partnership, Sergiy Maslichenko, sustainability
(IN BRIEF) The transition to a net-zero economy presents significant challenges for various industries, especially “hard-to-abate” sectors such as cement, steel, chemicals, mining, shipping, and aviation. These sectors contribute to about 30% of global emissions, making their transition crucial. The … Read the full press release
(IN BRIEF) Women globally perform at least 2.5 times more unpaid work than men, with working mothers often balancing multiple roles, including employment, household chores, and childcare. In Central Asia, traditional constraints add to the challenges faced by women. Saikal, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Small Business, United Kingdom
Tagged Businesswoman, EBRD, hotel industry, Kyrgyz, partnership, SMEs, sustainability, women empowerment
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU) and Austria, is bolstering energy efficiency investments in Montenegro by extending a €2 million loan to NLB Banka a.d. Podgorica, aimed at providing … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged Austria, EBRD, European Union (EU), Green Energy, investments, Martin Leberle, Montenegro, NLB Banka a.d. Podgorica, partnership, Remon Zakaria, sustainability, Yngve Engstroem
(IN BRIEF) Henkel Adhesive Technologies has presented its annual Supplier Awards to recognize the successful collaboration with its strategic partners for the 10th consecutive year. In 2023, awards were given to Kraton, Wanhua, and Kolon in the categories of Sustainability, … Read the full press release
Posted in Awards, Business, Chemicals, Environment, Germany, Industrial, Management, News, Technology
Tagged Awards, Henkel, INNOVATION, Johannes Legrand, Kolon, Kraton, Mark Dorn, Michael Todd, partnership, Supplier Awards, sustainability, Thomas Holenia, Ulla Hüppe, Wanhua
(IN BRIEF) Indian company PTC Industries has partnered with French aerospace giant Safran Aircraft Engines to produce titanium casting parts for the LEAP engines, underpinning India’s “Make in India” initiative. PTC Industries will leverage its expertise in advanced casting processes … Read the full press release
Posted in Aviation & Aerospace, Business, France, Industrial, Technology, Transportation & Logistics
Tagged aero engine design, casting parts, Dominique Dupuy, INDIA, Indian airlines, LEAP engines, Lucknow, M. Sachin Agarwal, PTC Industries, Safran, Safran Aircraft Engines, titanium casting, Uttar Pradesh
(IN BRIEF) Logicor, a leading European logistics real estate company, has commenced the construction of its inaugural regional logistics park in the Czech Republic. This site, strategically located near major road connections between Prague and Liberec, is undergoing a two-phase … Read the full press release
(IN BRIEF) AFRY, a global sustainability and engineering company, is participating in COP28, the United Nations Climate Change Conference, as part of the Business Sweden delegation. AFRY aims to highlight its sustainable solutions and leadership in addressing the climate crisis. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Sweden, Technology
Tagged AFRY, biodiversity, Brendan Cronin, Business Sweden, clean energy, climate change, climate crisis, climate goals, COP, COP28, COP28 conference, greenhouse gases, Henrik Tegnér, Jonas Gustavsson, Linda Pålsson, sustainability, UNFCCC
At the House of Lords, the Palace of Westminster, World Technology Congress (WTC) featured “the new mobility landscape” as a theme for the Fall Session which addressed major challenges and opportunities of the mobility industry. (IN BRIEF) The World Transportation … Read the full press release
Posted in Automotive, Business, Economy, Education, Electronics & Machinery, Energy, Gas & Oil, Industrial, Technology, Transportation & Logistics, United Kingdom
Tagged advancements of autonomous, AI, Bernd Mattner, Bilderberg, Conference, Dominika Haberova, electrification, Freeman De Bouvet Capital, Hyundai CRADLE, INNOVATION, John-Rawicz Szczerbo, Laureti group, Marcus Paleti, mobility, Mr. Benedikt Gruetz, Pall Mall Investments, Roger Allen, St. Jude’s Steve McGuire, sustainable transportation, the House of Lords, the new mobility landscape, the Palace of Westminster, US Capital, Wilton Group, World Technology Congress, WTC, WTC Banquet, WTC conference
(IN BRIEF) EnBW Energie Baden-Württemberg AG has announced its financial results for the first nine months of the 2023 financial year. The company reported revenue of approximately €34.7 billion and Group operating earnings (adjusted EBITDA) of €4.9 billion during this … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News
Tagged EnBW, energy transition, Financial, investment, Thomas Kusterer
(IN BRIEF) UniCredit S.p.A. has confirmed the purchase of an 8.9781% minority stake in Alpha Services and Holdings S.A. in Greece from HFSF at a price of 1.39 Euros per share. This acquisition represents a premium of 9.4% over the … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Management, News, Romania
Tagged acquisition, Alpha Services and Holdings S.A., Greece, HFSF, partnership, Romania, sustainability, UNICREDIT
(IN BRIEF) Skanska has entered into a $98 million contract with Bon Secours Mercy Health for the renovation of the Mercy Health Lourdes Hospital Tower in Paducah, Kentucky, USA. The project entails the modernization and refurbishment of the Hospital Tower, … Read the full press release
(IN BRIEF) Skanska has secured a contract valued at $100 million from the Texas State University System to construct a new STEM (Science, Technology, Engineering, and Math) building on the San Marcos campus in Texas, USA. The eight-story, 14,500 square-meter … Read the full press release
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