(IN BRIEF) Technology group Rheinmetall has secured substantial subsidies totaling around €7.7 million from the German federal government and the state of North Rhine-Westphalia for the development of innovative hydrogen and electrification solutions. These projects, in collaboration with industry and … Read the full press release
(IN BRIEF) Neumann Bygg, a subsidiary of the STARK Group in Norway, reinforces its market position with the inauguration of a new branch in Slemmestad, marking its third branch opening in as many months. This expansion underscores the company’s commitment … Read the full press release
Posted in Business, Construction, Denmark, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Neumann Bygg, Norway, partnership, Slemmestad, Stark group, sustainability, Søren P. Olesen
(IN BRIEF) On the occasion of the International Day Against Homophobia, Transphobia, and Biphobia (IDAHOT), the European Investment Bank (EIB) Group underscores its dedication to fostering equality and justice for all individuals, particularly those from the LGBTIQ community. Embracing the … Read the full press release
(IN BRIEF) BILD, in collaboration with ElevenLabs, is expanding its podcast offerings to an English-speaking audience using AI dubbing technology. This partnership enables BILD to translate its primarily German-language podcasts into English and other languages while maintaining the original speaker’s … Read the full press release
(IN BRIEF) Energinet, Denmark’s National Electricity Transmission System Operator, has awarded Siemens Energy a comprehensive contract to expand the power grid in Western Denmark over the next eight years. With plans to construct approximately 50 new or reinforced 150 kV … Read the full press release
(IN BRIEF) Atlas Copco Group convenes its Capital Markets Day in Belgium, offering insights into the company’s strategy, global operations, and development plans. The event, held in Mechelen and broadcast live, features presentations by the Presidents of the Compressor Technique … Read the full press release
Posted in Business, Electronics & Machinery, Financial, Industrial, Investment, Management, News, Sweden
Tagged Atlas Copco Group, Capital Markets Day, Peter Kinnart, Vagner Rego
(IN BRIEF) Spanish Mountain Gold Ltd. (SMG) has forged a strategic partnership with international technology group ANDRITZ and BC Hydro to enhance the sustainability of its proposed gold mine in British Columbia. Utilizing ANDRITZ’s IDEAS simulation software, SMG aims to … Read the full press release
(IN BRIEF) Leighton Asia, a CIMIC Group company, has clinched a contract worth approximately A$160 million for the reconstruction of Choa Chu Kang Waterworks, one of Singapore’s major water treatment facilities. The project, awarded by PUB, Singapore’s National Water Agency, … Read the full press release
(IN BRIEF) Siemens Energy and Energinet, Denmark’s state-owned energy company, have entered a landmark EUR 1.4 billion framework agreement to modernize the country’s energy infrastructure. The deal focuses on expanding the electricity grid in Western Denmark through the construction of … Read the full press release
Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Denmark, Energinet, energy grid, Henrik Riis, partnership, Siemens, Siemens Energy, sustainability, Tim Holt
(IN BRIEF) Sartorius, a prominent life science group, is expanding its collaboration with NVIDIA to advance the development of new therapies by integrating NVIDIA’s AI-powered computing platforms with Sartorius’ expertise in life sciences and bioprocessing. Since 2020, Sartorius has integrated … Read the full press release
(IN BRIEF) Wolters Kluwer Health, in collaboration with the International Food Information Service (IFIS Publishing), has introduced Ovid NutriHealth, an exclusive interdisciplinary health research database. With over 500,000 records sourced from publishers worldwide, the platform provides comprehensive information on the … Read the full press release
(IN BRIEF) Manchester City and PUMA have revealed the new Home kit for the 2024/2025 season, incorporating elements that pay homage to Manchester’s cultural identity. The sky-blue kit features subtle threads of “0161,” representing the city’s dialing code and its … Read the full press release
(IN BRIEF) Aegon announces the appointment of Duncan Russell as Chief Financial Officer (CFO), effective September 1, 2024, succeeding Matt Rider, who will retire after over seven years of service. Duncan, currently serving as Chief Transformation Officer at Aegon, brings … Read the full press release
Posted in Business, Economy, Financial, Industrial, Insurance, Investment, Management, Netherlands, News
Tagged Aegon, appointment, CFO, Duncan Russell, Lard Friese, leadership, Matt Rider
(IN BRIEF) Telefónica’s investment arm, Íope Ventures, joins a funding round for Wenalyze, an open data analytics platform targeting the banking and insurance sectors. Led by Athos Capital, the investment round has already secured over €1 million, with participation from … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, Spain, Technology, Telecom
Tagged Augusto Pérez Arbizu, Carlos Albo, Financial, fintech, Insurtech Solutions, investment, Íope Ventures, partnership, Telefonica, Wenalyze
(IN BRIEF) BASF, a global leader in the chemical industry, partners with 3B Fibreglass to advance its sustainability goals by incorporating sustainably produced glass fibers into its Ultramid® A & B compound portfolio. Utilizing green electricity in production, 3B Fibreglass … Read the full press release
Posted in Belgium, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged 3B Fibreglass, BASF, Belgium, carbon footprint, Chemical Industry, Ludovic Piraux, Maximilian Lehenmeier, partnership, sustainability
(IN BRIEF) Deutsche Telekom’s upward trajectory continues as it announces a successful start to 2024. The telecom giant witnessed a 1.6 percent organic increase in net revenue, reaching €27.9 billion, with service revenues soaring by 4.1 percent to €23.5 billion. … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged Andreas Fuchs, Deutsche Telekom, Financial, investment, Tim Höttges
(IN BRIEF) Siemens AG has greenlit the sale of Innomotics, a world-leading electric motors and large drives company, to KPS Capital Partners, LP (“KPS”) for €3.5 billion. The decision to divest Innomotics aligns with Siemens’ strategic portfolio optimization efforts, providing … Read the full press release
(IN BRIEF) Siemens AG showcased a robust second-quarter performance, with revenue holding steady at €19.2 billion and orders reaching €20.5 billion, marking a 12 percent decline from the previous year. The company’s industrial software business exhibited strong growth, particularly in … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Financial, investment, Ralf P. Thomas, Roland Busch, Siemens
(IN BRIEF) The Nordic Investment Bank (NIB) has entered into an uncommitted credit facility of EUR 100 million with the Wellbeing Services County (WSC) of North Savo, Finland, marking their second loan agreement. This 20-year loan is designated for the … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) has finalized a 15-year USD 50 million investment loan agreement with Iceland’s transmission system operator, Landsnet hf., to support the construction and enhancement of substations, underground cabling, and overhead lines from 2023 to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Government, Iceland, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged expansion, Iceland, Landsnet, NIB, partnership, sustainability
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