(IN BRIEF) At the Annual General Meeting in Frankfurt am Main, shareholders of Fresenius SE & Co. KGaA overwhelmingly approved proposals from the General Partner and the Supervisory Board. Chairman of the Supervisory Board, Wolfgang Kirsch, commended Fresenius’ resilience amidst … Read the full press release
Posted in Business, Financial, Germany, Healthcare, Industrial, Investment, Management, News, Science, Technology
Tagged #FutureFresenius Agenda, AGM, Financial, Fresenius, investment, Michael Sen, Wolfgang Kirsch
(IN BRIEF) Siltronic Portland proudly announces the inauguration of its advanced solar field, underscoring its commitment to sustainability and carbon footprint reduction. CFO Claudia Schmitt emphasizes sustainability as a core value, aligning with Siltronic AG’s ambitious climate action plan to … Read the full press release
(IN BRIEF) HENSOLDT AG’s Annual General Meeting, held at the Wappenhalle in Munich, witnessed significant shareholder representation with 78.36% of share capital present. All agenda items received strong endorsement, including the approval of a dividend distribution of EUR 0.40 per … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Financial, Giuseppe Panizzardi, HENSOLDT AG, investment
(IN BRIEF) In a joint effort, the International Finance Corporation (IFC) and the Italian Climate Fund have announced a substantial investment of $210 million into Eni S.p.A.’s Kenya subsidiary to bolster the production and processing of advanced biofuels. This investment, … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Italy, Management, News
Tagged biofuel, Claudio Descalzi, Eni, expansion, Gilberto Pichetto, International Finance Corporation (IFC), Italian Climate Fund, Kenya, Makhtar Diop, partnership, sustainability
(IN BRIEF) AXA has disclosed its AXA Group Solvency and Financial Condition Report (Group SFCR) for the fiscal period ending December 31, 2023, adhering to the directives of Directive 2009/138/EC and Delegated Regulation (EU) 2015/35, collectively known as Solvency II … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Industrial, Insurance, Investment, Management, News
Tagged AXA, Financial, investment
(IN BRIEF) Uniper has entered into a share purchase agreement with Photon Energy Group for the acquisition of a 20.4 MW photovoltaic project in northeastern Poland, expected to close by the end of 2024. The move aligns with Uniper’s strategy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland
Tagged acquisition, partnership, Pawel Tarczewski, Poland, renewable energy, sustainability, Uniper
(IN BRIEF) PUMA and Borussia Dortmund have launched the 2024/25 Home kit, paying homage to the club’s rich heritage while incorporating modern design elements. The classic Black & Yellow kit features a sleek pinstripe flair, symbolizing Dortmund’s enduring legacy and … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Retail, Sports
Tagged 2024/25 Home Kit, Borussia Dortmund, Carsten Cramer, Marco Mueller, partnership, PUMA, sports, sustainability
(IN BRIEF) International technology group ANDRITZ has secured a significant order from Indah Kiat Pulp & Paper TBK to supply a complete old corrugated containers (OCC) line, including a reject treatment system, to the mill in Karawang, Jawa Barat, Indonesia. … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, Indah Kiat Pulp & Paper TBK, Indonesia, partnership, pulp production, sustainability
(IN BRIEF) Volvo Group and Daimler Truck have announced a preliminary agreement to establish a 50/50 joint venture aimed at leading the digital transformation to software-defined heavy-duty commercial vehicles. The joint venture, headquartered in Gothenburg, Sweden, will develop a common … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Commercial Vehicles, Daimler truck, Germany, Martin Daum, Martin Lundstedt, partnership, Software-Defined, sustainability, Volvo Group
(IN BRIEF) Saxo celebrates a significant achievement, surpassing DKK 800 billion in client assets, marking a remarkable milestone in its 25-year journey. While rooted in Danish currency, this achievement is a testament to Saxo’s global expansion and the trust it … Read the full press release
Posted in Banks, Business, Denmark, Economy, Financial, Industrial, Investment, Management, News
Tagged Financial, investment, Kim Fournais, Saxo Bank
(IN BRIEF) In a pioneering effort to advance robotics, Professor Majid Khadiv, TUM’s Professor of AI Planning in Dynamic Environments, is spearheading the development of ‘Automan’, an autonomous humanoid robot capable of undertaking dangerous or repetitive tasks. With a vision … Read the full press release
(IN BRIEF) ABN AMRO’s French private bank branch, Neuflize OBC, has initiated exclusive negotiations with BNP Paribas Cardif to forge a strategic partnership in life insurance in France. This collaboration involves the sale of Neuflize Vie, a joint venture between … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Insurance, Investment, Management, Netherlands, News, United Kingdom
Tagged ABN Amro, BNP Paribas Cardif, Financial, France, insurance, investment, Neuflize OBC, partnership
(IN BRIEF) ABB has announced its agreement to acquire Siemens’ Wiring Accessories business in China, a strategic move aimed at broadening its market reach and enhancing its regional customer offerings within smart buildings. The acquisition encompasses wiring accessories, smart home … Read the full press release
(IN BRIEF) Accenture (NYSE: ACN) has announced its acquisition of OPENSTREAM HOLDINGS and its subsidiaries, Open Stream and Neutral, marking a significant move to enhance its digital engineering and manufacturing capabilities. The acquisition, with undisclosed terms, is set to bring … Read the full press release
(IN BRIEF) Royal Philips presents compelling retrospective study results at the Heart Rhythm Annual Meeting in Boston, showcasing the clinical and economic benefits of its AI-powered cardiac care solutions. The studies demonstrate the efficacy of Philips’ Mobile Cardiac Outpatient Telemetry … Read the full press release
(IN BRIEF) BKW, a Swiss energy company, has announced the agreement of a new unsecured, committed revolving credit facility amounting to CHF 1 billion, effectively refinancing its previous syndicated loans of CHF 2 billion ahead of schedule. The decision follows … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland
Tagged BKW, Financial, investment, Martin Zwyssig
(IN BRIEF) Skanska has entered into an initial contract with Virginia Tech to embark on the construction of a cutting-edge College of Engineering in Virginia, USA, marking a significant milestone for the university’s infrastructure development. Valued at USD 53 million, … Read the full press release
(IN BRIEF) Vodafone Italy, in collaboration with INWIT, has undertaken a significant project to bring high-speed internet to the small Italian town of Bobbio, nestled in the Emilia-Romagna region. With a population of 3,500 residents, Bobbio has historically faced limited … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology, Telecom, United Kingdom
Tagged Bobbio, Digital Gap, INWIT, Mayor Roberto Pasquali, partnership, sustainability, Ultra-Broadband Network, vodafone, Vodafone Italy
(IN BRIEF) BASF’s specialty foam Basotect® G+ is making waves at BMW Group’s Leipzig site, where it’s being utilized for acoustic damping in a preparation area within the body paint shop. The installation of Basotect® panels on walls and ceilings … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Acoustic Comfort, BASF, Basotect® G+, BMW, Leipzig Plant, partnership, sustainability
(IN BRIEF) In a collaborative effort to promote climate-friendly housing initiatives in Germany, the European Investment Bank (EIB) and Deutsche Bank have forged an agreement. Valued at over €600 million, the program will provide discounted mortgages to individuals seeking to … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Achim Kuhn, Climate-Friendly Housing, Deutsche Bank, DSL Bank, EIB, EIF, Germany, Marjut Falkstedt, Nicola Beer, partnership, sustainability
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