(IN BRIEF) Schneider Electric introduces its latest Battery Energy Storage System (BESS), designed to enhance energy resilience and sustainability within microgrid solutions. The BESS serves as a cornerstone technology, capturing and storing energy from various sources for later use, ensuring … Read the full press release
(IN BRIEF) Lindner Group unveils a new enhancement for its Lindner Cube mobile room system, introducing an occupancy light to optimize room-in-room solutions. Known for its wall- and ceiling-free construction, the Lindner Cube promotes flexibility and focused work environments. The … Read the full press release
(IN BRIEF) Skanska has finalized a $612 million contract with SBMT Asset, LLC for the upgrade of the South Brooklyn Marine Terminal in New York, USA. The project aims to transform the terminal into one of the largest offshore wind … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged partnership, SBMT Asset, Skanska, South Brooklyn Marine Terminal, sustainability, upgrade, USA
(IN BRIEF) Rheinmetall, in collaboration with TankE GmbH and the City of Cologne, initiates a groundbreaking pilot project to test curb chargers in public traffic areas. The project aims to integrate and validate the curb chargers’ acceptance, urban planning advantages, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Ascan Egerer, Christoph MÜLLER, Cologne, electromobility, Innovative Curb Charger Pilot Project, partnership, Rheinmetall, Stephan Segbers, sustainability, TankE GmbH
(IN BRIEF) Taiwan celebrates the inauguration of the Greater Changhua 1 and 2a offshore wind farms, marking a significant milestone in the nation’s renewable energy journey. With a total installed capacity of 900 MW, these wind farms are the largest … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Asia-Pacific, Christy Wang, Emmanuel Jaclot, Jeff Chang, Mads Nipper, offshore wind farms, partnership, Patrick Harnett, Per Mejnert Kristensen, President Tsai Ing-wen, Shen Jong-chin, sustainability, Taiwan, Wang Mei-hua, Ørsted
(IN BRIEF) Holcim, a global leader in building solutions, announced its first-quarter 2024 results, showcasing strong growth and strategic expansion. Despite challenges, the company reported a net sales increase of 3.4% in local currency, with recurring EBIT growth of 17.1%. … Read the full press release
Posted in Business, Construction, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland
Tagged Financial, holcim, investment, Jan Jenisch
(IN BRIEF) Sika is establishing a cutting-edge facility in Lima, Peru, to manufacture synthetic macro fibers, further solidifying its position as a key supplier to the mining industry and infrastructure projects in Latin America. These fibers, leveraging advanced technology, enhance … Read the full press release
(IN BRIEF) Finnvera, Finland’s export credit agency, has granted Nokia’s 5G deliveries a buyer credit guarantee worth USD 1.5 billion, marking one of its largest financing arrangements in history. The deal supports Nokia’s pivotal role in India’s 5G revolution, where … Read the full press release
Posted in Business, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged 5G network, Finnvera, INDIA, Jussi Haarasilta, Miska Kuhalampi, Nokia, partnership, Reliance Jio
(IN BRIEF) Boliden, Nevel, Skellefteå Kraft, and Sveaskog have entered a letter of intent to conduct a feasibility study for establishing a hydrogen and biofuel value chain in Västerbotten, Sweden, with the aim of reducing CO2 emissions, particularly at the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden
Tagged biofuel, Boliden, carbon neutrality, hydrogen, Joachim Nordin, Mats Gustavsson, Nevel, partnership, Per Callenberg, Skellefteå Kraft, Stefan Johnsson, sustainability, Sveaskog, Sweco
(IN BRIEF) The European Investment Bank (EIB) has inked a €150 million loan deal with Helen Ltd, a prominent Finnish energy company owned by the City of Helsinki. This funding aims to bolster two new renewable-energy initiatives in the district … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Helen Ltd, Helsinki, investment, partnership, renewable energy, sustainability, Thomas Östros, Timo Rajala
(IN BRIEF) KSB, a leading manufacturer of pumps and valves, has announced plans to expand the production of Eta pumps at its headquarters in Frankenthal, Germany, making it the center of excellence for the latest generation of electronically controlled pumps … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Dr. Stephan Timmermann, Eta Pumps, Germany, KSB, partnership, sustainability
(IN BRIEF) TotalEnergies and Vanguard Renewables have established an equally owned joint venture to accelerate the development, construction, and operation of Farm Powered® renewable natural gas (RNG) projects in the United States. The agreement, signed in New York, marks a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Doug Vaccari, Larry Fink, Neil H. Smith, Olivier Guerrini, partnership, Patrick Pouyanné, Renewable Natural Gas Projects, sustainability, TotalEnergies, US, Vanguard Renewables
(IN BRIEF) TotalEnergies EP Congo, an 85%-owned affiliate of TotalEnergies, has inked a deal with Trident Energy, involving the acquisition of an additional 10% interest in the Moho license and the sale of its 53.5% interest in the Nkossa and … Read the full press release
(IN BRIEF) SFC Energy AG, a leading supplier of hydrogen and methanol fuel cells, has partnered with ConnectCom Sarl to develop a customized emergency power solution. The collaboration involves supplying stationary EFOY H₂Cabinet X series units and utilizing the H₂Genset … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Claude Dupont, ConnectCom Sarl, Dr. Peter Podesser, Emergency Power Solutions, Luxembourg, partnership, SFC Energy, sustainability
(IN BRIEF) Vodafone has announced a collaboration with Google aimed at simplifying cloud connectivity for businesses. This partnership involves the creation of one of the largest cloud-based software-defined wide area networks (SD-WANs) globally, providing customers with a virtual overlay on … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged businesses, Fanan Henriques, Google, Keith McCallion, Nadia Benabdallah, partnership, Streamline Cloud Connectivity, vodafone
(IN BRIEF) Vattenfall and BASF have finalized an agreement for the sale of 49 percent of Vattenfall’s Nordlicht 1 and 2 wind farms to BASF, deepening their collaboration in renewable energy. Nordlicht, Vattenfall’s largest offshore wind project to date, is … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged acquisition, Anna Borg, BASF, Germany, Martin Brudermüller, Nordlicht Wind Farm, partnership, renewable energy, sustainability, Vattenfall
(IN BRIEF) A groundbreaking ceremony in Lägerdorf, Schleswig-Holstein, marked the official start of construction for one of the world’s first carbon-neutral cement plants. Notable attendees included Dr. Robert Habeck, Vice Chancellor and Federal Minister for Economic Affairs and Climate Protection, … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged Andreas X. Müller, Carbon-Neutral Cement, Daniel Günther, Dr. Cetin Nazikkol, Dr. Robert Habeck, holcim, Innovative Plant, Lägerdorf, partnership, sustainability, Thorsten Hahn, ThyssenKrupp, “pure oxyfuel” technology
(IN BRIEF) Logicor, Europe’s leading logistics real estate owner, manager, and developer, has completed the installation of a 532 kWp photovoltaic (PV) plant near Girona, Spain. This initiative aims to reduce carbon emissions by 180 tons annually while providing sustainable … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, Transportation & Logistics, United Kingdom
Tagged Logicor, logistics, partnership, Pilar Valencia, Solar Initiative, Spain, sustainability
(IN BRIEF) GRAHAM has achieved PAS 2080 verification, a globally recognized standard for managing carbon in buildings and infrastructure, showcasing its dedication to integrating carbon considerations throughout its operations. PAS 2080, developed by the British Standards Institution (BSI), offers a … Read the full press release
(IN BRIEF) Siemens Mobility has secured contracts with Banedanmark and DSB to upgrade Copenhagen’s S-bane network to the highest level of automation, GoA4 technology, by 2030. This upgrade, part of the “Future S-bane” program, aims to enhance capacity, passenger experience, … Read the full press release
Posted in Business, Denmark, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Automatic Urban Railway, Banedanmark, Copenhagen, DSB, Jürgen Müller, Michael Peter, partnership, S-bane Network, Siemens, Siemens Mobility, sustainability
(IN BRIEF) Mutares SE & Co. KGaA has successfully acquired Greenview Group Holdings Ltd from Cordovan Capital Partners II LP and Michael Burke, the current CEO, marking its fourth acquisition in 2024. Greenview Group, established in 2017, specializes in mechanical … Read the full press release
(IN BRIEF) Mercedes-Benz Trucks has reached a significant milestone in electric truck development, successfully charging a prototype of the eActros 600 at a groundbreaking 1,000 kilowatts during internal testing at Wörth am Rhein. This achievement marks the implementation phase of … Read the full press release
(IN BRIEF) Pinellas County, Florida, has chosen Kapsch TrafficCom to lead a project aimed at improving mobility and safety with advanced technology solutions, backed by a USD 4.6 million grant from the Federal Highway Administration. With Pinellas County facing significant … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged Dr. Jeff Adler, Kapsch TrafficCom, mobility, partnership, Pinellas County, safety, sustainability, USA
(IN BRIEF) Neste, a global leader in renewable diesel production, teams up with New Jersey Natural Gas (NJNG) to tackle greenhouse gas emissions by adopting Neste MY Renewable Diesel™ for NJNG’s medium-duty trucks and equipment fleet. This initiative marks NJNG … Read the full press release
(IN BRIEF) Vonage, a part of Ericsson, joins forces with Singtel, a leading communications service provider, to integrate Vonage’s API platform with Singtel’s Paragon orchestration platform. This partnership aims to enhance innovation opportunities for enterprises and telcos by providing access … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged Ericsson, INNOVATION, Mr. Bill Chang, Network APIs, Niklas Heuveldop, partnership, Singapore, Singtel, sustainability, Vonage
(IN BRIEF) A financing agreement between the Nordic Investment Bank (NIB), the European Investment Bank (EIB), and LTG Link signals a significant step forward for Lithuania’s rail sector. The agreement, totaling EUR 200 million, will facilitate the purchase of nine … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged Egidijus Lazauskas, EIB, Electric and Battery Trains, investment, Jeanette Vitasp, Lithuania, LTG Link, Marius Skuodis, NIB, rail electrification, Thomas Östros
(IN BRIEF) Hydro has inaugurated the Høyanger Recycling facility, a significant step in its commitment to decarbonize the aluminium value chain and foster a circular economy. With an investment of NOK 240 million, the purpose-built facility, located near its primary … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Norway, Technology
Tagged decarbonization, Eivind Kallevik, Hydro, Høyanger Recycling facility, partnership, Recycling Capacity, sustainability
(IN BRIEF) ORLEN Group continues its commitment to sustainability with the electrification of the Sleipner field in the North Sea, connecting it to clean energy generated onshore. This initiative will result in the prevention of 160,000 tonnes of carbon dioxide … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Poland
Tagged carbon emissions, Norway, ORLEN Group, partnership, Sleipner Field, sustainability
(IN BRIEF) Sweco AB (publ) concluded its Annual General Meeting, ratifying proposals from the Board of Directors and the Nomination Committee. The meeting re-elected seven Directors and granted discharge of liability for the financial year 2023. Ernst & Young AB … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Sweden, Technology
Tagged AGM 2024, Alf Göransson, appointment, Åsa Bergman, Christine Wolff, Financial, investment, Johan Hjertonsson, Johan Nordström, Johan Wall, leadership, Susanne Pahlén Åklundh, Sweco
(IN BRIEF) Knorr-Bremse AG, a global leader in braking systems and rail technologies, announces its acquisition of the conventional rail signalling technology business of Alstom Signaling North America. This strategic move marks Knorr-Bremse’s entry into the rail control, command, and … Read the full press release
(IN BRIEF) Telefónica commemorates its 100th anniversary with a grand Centenary Gala at the prestigious Teatro Real in Madrid, attended by dignitaries including His Majesty King Felipe VI and prominent political and business figures. The evening features performances by renowned … Read the full press release
Posted in Business, Entertainment, Industrial, Infrastructure & Utilities, Management, Media, News, Spain, Technology, Telecom
Tagged 100th anniversary, Cándido Conde-Pumpido, Francina Armengol, Gala, His Majesty King Felipe VI, José María Álvarez-Pallete, Juan Diego Flórez, Lang Lang, Luis Planas, María Dueñas, Sara Baras, Teatro Real, Telefonica, Teresa Ribera
(IN BRIEF) In the latest Connect readers’ poll, Deutsche Telekom emerged as the undisputed leader across various categories in the telecommunications sector. Garnering over 90,000 votes, Deutsche Telekom clinched top honors in mobile network operation, fixed network provision, IPTV service, … Read the full press release
Posted in Awards, Business, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged 5G network, Awards, Connect Readers' Polls, Deutsche Telekom, leadership, Niels Hafenrichter, Spring 2024
(IN BRIEF) VINCI Concessions, through its subsidiary VINCI Highways, has completed the purchase of NWP HoldCo LLC, securing full ownership of Northwest Parkway, a crucial 14 km tolled segment of the Denver ring road in Colorado, USA, for approximately $1.2 … Read the full press release
(IN BRIEF) Svenska kraftnät, the Swedish state-owned enterprise, is embarking on an ambitious project called NordSyd to enhance the transmission network between electricity areas 2 and 3, aimed at facilitating the energy transition. AFRY has secured the contract for constructing … Read the full press release
(IN BRIEF) ANDRITZ, an international technology group, and Trinity Touch Pvt. Ltd., a leading provider of electrical monitoring solutions for solar power plants, have joined forces in a strategic partnership aimed at enhancing efficiency and security in the solar energy … Read the full press release
(IN BRIEF) In a landmark move towards sustainable transportation, the Nordic Investment Bank (NIB), the European Investment Bank (EIB), and LTG Link have sealed a financing deal to procure electric and battery-powered trains. With loans totaling €200 million, nine electric … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Transportation & Logistics
Tagged Egidijus Lazauskas, EIB, Electric Train, Jeanette Vitasp, Lithuania, LTG Link, Marius Skuodis, NIB, partnership, Rail Revolution, sustainability, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) and the Government of Ukraine have solidified a strategic collaboration to bolster Ukraine’s reconstruction, recovery, and integration with the EU. This partnership, marked by a new memorandum of understanding (MoU), pledges €560 million … Read the full press release
Posted in Banks, European Union, Financial, Government, Infrastructure & Utilities, Investment, Luxembourg, Ukraine
Tagged EIB, EU for Ukraine Initiative, EU funding, EU integration, EU4U Initiative European Union funding, European Investment Bank, Nadia Calviño Denys Shmyhal Valdis Dombrovskis, SMEs, UKRAINE
(IN BRIEF) Siemens Smart Infrastructure has introduced Electrification X, the latest addition to its Xcelerator portfolio, aiming to revolutionize the transformation of electrification infrastructure. Building upon the success of Building X and Gridscale X, Electrification X offers scalable IoT SaaS … Read the full press release
(IN BRIEF) Feka Automotive, a prominent Serbian automotive lighting producer with ties to major global car manufacturers, including Toyota and Volkswagen, is set to undergo a significant expansion with the support of a €15 million loan from the European Bank … Read the full press release
Posted in Automotive, Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Serbia, Technology, United Kingdom
Tagged automotive, EBRD, ENERGY, expansion, Feka Automotive, partnership, SERBIA, Stellantis, sustainability, Toyota, Volkswagen
(IN BRIEF) In a landmark move, the European Investment Bank (EIB) has granted a €150 million loan to Bhutan, marking its first-ever investment in the country. This funding aims to bolster Bhutan’s renewable energy sector, particularly through the development of … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Bhutan, carbon neutrality, EIB, investment, Leki Wangmo, Lyonpo Lekey Dorji, Markus Berndt, Nadia Calviño, partnership, renewable energy, sustainability
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
