(IN BRIEF) UniCredit S.p.A. provides an update on its ongoing share buy-back program initiated on 30 June 2023 as part of the Second Tranche of the Buy-Back Programme 2022. The program aims to purchase UniCredit ordinary shares (ISIN IT0005239360). The … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Italy, Management, News
Tagged acquisition, Financial, share buy-back program, UNICREDIT
(IN BRIEF) BioNTech SE, a biopharmaceutical company, has appointed James Ryan as Chief Legal Officer (CLO) and a member of the Management Board, effective from September 1, 2023. In this role, Ryan will oversee the company’s corporate legal strategy, global … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Pharma & Biotech, Science
Tagged appointment, BioNTech, Chief Legal Officer, Helmut Jeggle, James Ryan, leadership
(IN BRIEF) Iberdrola has introduced Carbon2Nature (C2N), a new company focused on nature-based solutions to reduce global carbon footprints. The initiative aims to capture and store over 61 million tonnes of CO2 through projects that generate high-quality carbon credits. C2N … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Spain
Tagged biodiversity, Carbon2Nature, conservation, Global Carbon Reduction, Iberdrola, Management, Miguel Ángel García Tamargo, mitigate emissions, Nature-based solutions, restoration, sustainability, sustainable economy
(IN BRIEF) thyssenkrupp Uhde and Orica have successfully implemented the Kooragang Island Decarbonisation Project in Newcastle, Australia. thyssenkrupp Uhde’s EnviNOx® technology has been utilized to reduce greenhouse gas emissions at Orica’s nitric acid plants, resulting in a 98% reduction of … Read the full press release
(IN BRIEF) EQT AB, a purpose-driven global investment organization, has repurchased 393,926 of its own ordinary shares (ISIN: SE0012853455) between 7 and 11 August 2023 as part of its initiated repurchase program, running between 17 July 2023 and 25 August … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, News, Sweden
Tagged acquisitions, EQT AB, Financial, Shares Repurchase Program
(IN BRIEF) The EY organization has been awarded the Global Partner of the Year by Wolters Kluwer CCH® Tagetik for its contributions to accelerating clients’ finance transformation initiatives through technical expertise and consulting services. The accolade acknowledges EY’s commitment to … Read the full press release
(IN BRIEF) Rheinmetall is set to supply Ukraine with its advanced LUNA NG reconnaissance drone system, a significant milestone for the company. The system offers key aerial reconnaissance capabilities with thousands of hours of operational flight experience. The order, valued … Read the full press release
(IN BRIEF) RWE has been granted awards by the German Federal Network Agency for two wind farm sites, N-3.6 and N-3.5, within the Nordseecluster B in the German North Sea. The company intends to develop, build, and operate two wind … Read the full press release
(IN BRIEF) RWE, focused on building a sustainable energy system, significantly increased its investment activity in the first half of fiscal 2023, spending €9 billion on growth compared to €2.1 billion in the same period last year. This expansion included … Read the full press release
Posted in Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News
Tagged finacial, investment, Markus Krebber, renewable energy, RWE
(IN BRIEF) Hexagon’s Safety, Infrastructure & Geospatial division has appointed Mattias Tidebrink as the head of its Asia Pacific (APAC) region. In this role, Tidebrink will lead the strategic direction for the region, focusing on growth and profitability. Hexagon has … Read the full press release
(IN BRIEF) Latvenergo AS, the largest energy utility in the Baltic States, has awarded BLIX, part of AFRY, as the Owner’s Engineer for multiple large-scale onshore wind projects in the Baltics over a five-year period. The projects align with Latvenergo’s … Read the full press release
(IN BRIEF) ORLEN’s Supervisory Board has given a conditional investment approval for the Baltic Power offshore wind farm, allowing the design phase to be finalized. ORLEN and Northland Power’s joint investment represents the most advanced offshore wind project in Poland. … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Poland
Tagged Baltic Power Project, Daniel Obajtek, investment, Offshore wind, ORLEN, partnership, Poland
(IN BRIEF) TenneT, a system operator, has signed a multi-year Corporate Framework Agreement with eight contract partners to supply and install onshore high-voltage AC cables (ranging from 110 kV to 380 kV) for high-voltage connections in Germany and the Netherlands. … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, Netherlands, News
Tagged Europe, High-Voltage Grid Expansion, partnership, Sjouke Bootsma, Tennet
(IN BRIEF) DHL Global Forwarding has announced changes in its global leadership team. Thomas Mack, the current Executive Vice President Air Freight, will transition into a Senior Advisor role and continue reporting to CEO Tim Scharwath. After a transition period, … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Transportation & Logistics
Tagged appointment, DHL Global Forwarding, leadership, Max Sauberschwarz, Thomas Mack, Tim Scharwath, transition
(IN BRIEF) The exhibition ‘Flashes of Memory. Photography during the Holocaust,’ originally scheduled to run from March 24 to August 20, 2023, at the ‘Museum für Fotografie’ in Berlin, will be extended to January 28, 2024, due to overwhelming visitor … Read the full press release
Posted in Art & Culture, Automotive, Business, Education, Germany, Industrial, Management, Media, News
Tagged 'Flashes of Memory, Benita von Maltzahn, Berlin, educational, exhibition, Holocaust, partnership, photography, Volkswagen Group, Yad Vashem
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a strategic partnership with Ukraine’s PrivatBank by issuing a €60 million risk-sharing instrument to facilitate €240 million in newly originated loans for critical industries, particularly agribusiness. PrivatBank, a … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged agribusiness, Critical Industries, EBRD, MSMEs, partnership, PrivatBank, sustainability, Ukrainian
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is offering a financial package to Ukraine’s Bank Lviv, consisting of a local-currency loan equivalent to €15 million and a €7.5 million risk-sharing instrument. This package will facilitate €30 million … Read the full press release
Posted in Banks, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged aid, Bank Lviv, EBRD, Financial Package, Micro Small and Medium-Sized Enterprises (MSMEs), UKRAINE
(IN BRIEF) Windar Renovables has secured a contract with Iberdrola to manufacture 21 transition pieces for the Windanker offshore wind farm in German waters. The transition pieces will be produced at Windar Renovables’ Avilés facilities, with collaboration from Spanish suppliers. … Read the full press release
(IN BRIEF) Despite a challenging business environment, thyssenkrupp reported a robust performance in the 3rd quarter of the 2022/2023 fiscal year. Order intake of €9.4 billion and sales of €9.6 billion were lower than the prior year due to normalization … Read the full press release
Posted in Business, Financial, Germany, Industrial, Management, Metals and Minerals, News
Tagged Dr. Klaus Keysberg, Financial, Miguel López, ThyssenKrupp
(IN BRIEF) Continental Specialty Tires has been awarded the “Vendor of the Year” accolade by Mitsubishi Logisnext Americas (MLA) for the third consecutive year. The award recognizes Continental’s exceptional commitment and operational support through MLA’s aftermarket program, Rapidparts, in the … Read the full press release
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