(IN BRIEF) International technology group ANDRITZ has announced significant growth in revenue and operating result, both of which increased by over 20% in the first quarter of 2023 compared to the same period the previous year. The company also reported … Read the full press release
Posted in Austria, Business, Economy, Financial, Industrial, Management, News, Technology
Tagged Andritz, Dr. Joachim Schönbeck, economic, Financial, Norbert Nettesheim
(IN BRIEF) AVANGRID, a sustainable energy company, has achieved commercial operation at the 162 MWac Pachwáywit Fields solar farm in Gilliam County, Oregon, becoming the state’s largest photovoltaic plant. The facility will deliver renewable energy to large customers and municipalities … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Spain
Tagged AVANGRID, Brett Greene, clean energy, Iberdrola, Oregon, Pachwáywit Fields, Pat W. Shannon, Pedro Azagra, solar farm
(IN BRIEF) INEOS Olefins & Polymer Europe has signed a deal with Skagerak Energitjenester to supply renewable energy to its Rafnes and Bamble plants in Norway. The plants will be provided with 100% green power generated from hydroelectric production, reducing … Read the full press release
(IN BRIEF) SEB, a leading Swedish bank, has been ranked as the eighth most valuable brand in Sweden by Kantar, a global data analytics and brand consulting company. The ranking is based on a global survey of 20,100 brands in … Read the full press release
Posted in Awards, Banks, Business, Industrial, Management, News, Sweden
Tagged Award, Kantar, SEB, Sweden, Ulrika Areskog Lilja, valuable brands
(IN BRIEF) Arkema, a French specialty chemicals company, has launched its new online platform called Easy3D, which allows users to select and order 3D printing materials online from trusted suppliers. With the help of a proprietary algorithmic selection tool, the … Read the full press release
Posted in Business, Chemicals, France, Industrial, Management, News, Technology
Tagged 3D Printing Materials, Adrien Lapeyre, Arkema, Bas DE JONG, Easy3D
(IN BRIEF) The European Commission and the European Investment Bank have jointly announced an investment of €18 billion under the Global Gateway initiative, Europe’s investment strategy for partner countries. This investment will focus on the priority areas of Global Gateway, … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg
Tagged clean energy, Climate Action, connectivity, European Investment Bank, financing, Global Gateway, The European Commission, Ursula von der Leyen, Werner Hoyer
(IN BRIEF) Arkema, a global innovation leader in Kynar® PVDF electrode binders and separator coatings, has launched its sustainable waterborne acrylic solutions called the Incellion™ range. This new technology offers advanced acrylic-based binders, dispersants, and rheology additives that will allow … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Industrial, News, Technology
Tagged Arkema, battery cells, ERWOAN PEZRON, Kynar®, RICHARD JENKINS
(IN BRIEF) Michelin, the French tire company, has announced its entry into the Web3 space with the launch of the Michelin 3xplorer Club, which is centered around an exclusive 5,000-piece NFT collection. The community will be open to all, and … Read the full press release
Posted in Automotive, Business, France, Industrial, Management, News, Technology
Tagged Jean-François Laforge, Michelin, NFT, WEB3
(IN BRIEF) Víctor Manuel Sánchez has been appointed as general counsel and Director of Legal Affairs and Governance for SEAT Group companies in Spain. He will be reporting to the CEO of SEAT S.A. and succeeding Thomas Meiers and Marco … Read the full press release
Posted in Automotive, Business, Industrial, Management, News, Spain
Tagged appointment, Cuatrecasas, director, General Counsel, leadership, Legal Affairs and Governance, Marco Cortinovis, SEAT Group, Thomas Meiers, Wayne Griffiths
(IN BRIEF) DHL Global Forwarding and Turkish Cargo, the air cargo brand of Turkish Airlines, have signed a Memorandum of Understanding (MoU) to improve each other’s operational efficiency and enhance Istanbul’s potential as a logistics hub. Under the MoU, DHL … Read the full press release
(IN BRIEF) Vodafone Group Plc announced the appointment of Margherita Della Valle as Group Chief Executive. Della Valle has a long career at Vodafone in marketing, operational, commercial, and financial positions, and has been serving as interim Group Chief Executive … Read the full press release
(IN BRIEF) Bosch BASF Smart Farming, a joint venture between Bosch and BASF Digital Farming, announced its new brand name as ONE SMART SPRAY. The new brand name also applies to its product, previously known as the Smart Spraying Solution, … Read the full press release
(IN BRIEF) Leadec achieved record sales of €1.129 billion in fiscal year 2022, with 90% of orders from existing customers extended and core business strengthened with new services related to electric mobility, sustainability, and smart factory. Leadec’s total output increased … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Management, News, Technology
Tagged electric mobility, Leadec, Markus Glaser-Gallion, sustainability
(IN BRIEF) Škoda Auto has announced the production of 500,000 battery systems at its plant in Mladá Boleslav, which are mounted in MEB vehicles and plug-in hybrid models by Volkswagen Group brands, including Škoda, Volkswagen, Audi and SEAT. The milestone … Read the full press release
Posted in Automotive, Business, Czech Republic, Industrial, Management, News, Technology
Tagged battery, e-mobility, Michael Oeljeklaus, ŠKODA AUTO, transformation
(IN BRIEF) Volkswagen Group Technology has announced that it contributed around 40% of the total value added, including a new electric drive generation, for Volkswagen’s new flagship ID.7. The highly efficient drive generation, called APP550, has higher performance and improved … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Infrastructure & Utilities, Management, News, Technology
Tagged APP550, competitiveness, e-mobility, ID.7, Scalability, Thomas Schmall, Volkswagen
(IN BRIEF) Volkswagen Passenger Cars has announced that Elvira Tölkes will take over as the Head of Quality Assurance from May 1, 2023, reporting to CEO Thomas Schäfer. Tölkes has over 30 years of experience in product development, production, and … Read the full press release
(IN BRIEF) Glencore has agreed to acquire a 30% stake in Alunorte and a 45% stake in Mineracão Rio do Norte from Norsk Hydro for a combined equity value of approximately USD 775 million. Completion of the transaction is expected … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has granted €50 million to CIIP, the integrated water services provider in the provinces of Ascoli Piceno and Fermo, to improve water and wastewater services in Marche, benefiting over 414,000 people. The funding … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg
Tagged Alfa S.r.l, Ascoli Piceno, CAP Group, CIIP, EIB, EU climate bank, Fermo, Gelsomina Vigliotti, Giacinto Alati, Iren Group, Marche, SMAT, Tea Spa, The European Investment Bank, Urban Waste Water Treatment Directive, Veritas, wastewater services, Water Framework Directive, water services
(IN BRIEF) The European Investment Bank (EIB) and wastewater treatment company Aquafin have signed a €200 million financing contract to support 150 climate change mitigation and adaptation projects in Flanders. The funding will support the separation of stormwater and wastewater, … Read the full press release
Posted in Banks, Belgium, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg
Tagged Aquafin, Clean Oceans Initiative, climate change mitigation, EIB, Flanders, Jan Goossens, Kris Peeters, solar parks, stormwater, The European Investment Bank, wastewater, wastewater treatment
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a loan equivalent to €50 million to NREP Nordic Strategies Fund IV’s Polish subsidiaries for two residential rental projects in Warsaw. The loan includes an uncommitted tranche for … Read the full press release
Posted in Banks, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Poland, Real Estate, United Kingdom
Tagged EBRD, loan, Maciej Piotrowicz, NREP Nordic Strategies Fund IV, Odile Renaud-Basso, Poland, residential projects, residential rental projects, Vlaho Kojakovic, Warsaw
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