(IN BRIEF) The Nordic Investment Bank (NIB) has inked a 10-year loan agreement with the City of Stockholm to fund the construction of the world’s largest underground wastewater treatment facility at Henriksdal. Valued at SEK 2 billion (EUR 172 million), … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged André Küüsvek, City of Stockholm, NIB, partnership, Sofie Nilvall, sustainability, Underground Wastewater Treatment Facility
(IN BRIEF) BAE Systems secures a contract with the U.S. Navy to develop the Dual Band Decoy (DBD), an advanced radio frequency (RF) countermeasure system designed to protect fighter jets from enemy threats. Building on the success of the AN/ALE-55 … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Technology, United Kingdom
Tagged BAE Systems, Don Davidson, Dual Band Decoy, F/A-18E/F Super Hornets, partnership, U.S. Navy
(IN BRIEF) On May 14, 2024, EDF achieved a significant milestone by launching its inaugural green commercial paper issuance, valued at €50 million with a 6-month maturity, successfully subscribed by Ecofi. The funds from this issuance are earmarked to support … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News
Tagged Commercial Paper Issuance, EDF, investments, renewable energy, sustainability
(IN BRIEF) Siemens AG and Hon Hai Technology Group (Foxconn) have inked a memorandum of understanding (MoU) to spearhead digital transformation and sustainability in smart manufacturing platforms. This collaboration aims to optimize global manufacturing processes, particularly in electronics, information and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Cedrik Neike, Dr. Zhe Shi, Foxconn, partnership, Roland Busch, Siemens, smart manufacturing, sustainability, Taiwan, Young Liu
(IN BRIEF) The highly anticipated Eras Tour by Taylor Swift is poised to inject a staggering £997 million into the UK economy, according to new data from Barclays. Swifties attending the tour are expected to spend an average of £848 … Read the full press release
Posted in Banks, Business, Economy, Entertainment, Financial, Industrial, Investment, Management, Marketing, Media, News, United Kingdom
Tagged Barclays, Dr Peter Brooks, economic, entertainment, Eras Tour, Financial, Taylor Swift, Tom Corbett, UK
(IN BRIEF) ANDRITZ, a global technology group, has finalized the acquisition of NAF AB’s business, bolstering its product range in process control and automation systems for pulp and paper mills and other industrial plants. This acquisition strengthens ANDRITZ’s Intelligent Instruments … Read the full press release
Posted in Austria, Business, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged acquisition, Andritz, Control Valve, Johanna Newcomb, NAF AB, partnership, sustainability, Sweden
(IN BRIEF) Researchers from the Universities of Tübingen and Göttingen have uncovered potential biosignatures of early life on Earth by studying iron-sulfur minerals in hydrothermal vents, known as black smokers, deep in the ocean. These mineral formations, resembling spherical pyrite … Read the full press release
Posted in Business, Education, Environment, Financial, Germany, Industrial, Investment, Management, News, Science, Technology
Tagged black smokers, Dr. Muammar Mansor, Early Earth Bacteria, Eric Runge, Iron-Sulfur Minerals, Microbial Life, Professor Andreas Kappler, Professor Jan-Peter Duda, sustainability, University of Göttingen, University of Tübingen
(IN BRIEF) Kalmar, a part of Cargotec, has inked a deal with Uniport Srl. to provide three Kalmar TR618i heavy terminal tractors, marking a significant addition to Uniport Livorno’s fleet in the Port of Livorno, Italy. Scheduled for delivery in … Read the full press release
(IN BRIEF) MAHLE has successfully concluded the sale of its OEM thermostat business to ADMETOS, effective May 2, 2024. Under the new ownership, the thermostat segment will operate as BTT Solutions, with ADMETOS assuming control and responsibility for approximately 600 … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged acquisition, ADMETOS, Jumana Al-Sibai, MAHLE, OEM Thermostat Business, partnership
(IN BRIEF) The University of Liverpool and McMaster University have announced a strategic partnership aimed at fostering collaborative research and knowledge exchange. As part of this initiative, the universities have established a £300k/$500k seed fund to support joint projects in … Read the full press release
Posted in Business, Education, Financial, Government, Healthcare, Industrial, Investment, Management, News, Science, United Kingdom
Tagged CANADA, David Farrar, McMaster University, partnership, Professor Tariq Ali, RESEARCH, University of Liverpool
(IN BRIEF) Vienna Insurance Group (VIG) reinforces its sustainability commitments by expanding its sustainability declarations in investment and underwriting and establishing its own “Group Sustainability Office” as part of the ongoing VIG 25 sustainability programme. The updated declarations outline stringent … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Industrial, Insurance, Investment, Management, News
Tagged Declarations, Financial, HARTWIG LÖGER, investment, sustainability, Sustainability Office, Vienna Insurance Group
(IN BRIEF) Henkel, a leading partner in the automotive industry for designing and developing safer and more sustainable next-generation EV batteries, is gearing up to participate in the Battery Show Europe 2024 at Messe Stuttgart from June 18 to 20, … Read the full press release
(IN BRIEF) Standard Chartered has achieved a significant milestone by successfully conducting Euro-denominated cross-border transactions between Hong Kong and Singapore through Partior, the global unified ledger market infrastructure. As the first Euro settlement bank to go live on Partior, Standard … Read the full press release
(IN BRIEF) Alstom, a global leader in sustainable mobility, has clinched an £8.8 million contract with c2c, a passenger operator, for the refurbishment of its Class 357 Electrostar fleet. The contract entails the repair and repaint of 74 four-car units, … Read the full press release
(IN BRIEF) ABB has announced a minority investment in Ndustrial, a US-based clean technology startup renowned for its AI-powered energy management platform. This strategic move aims to empower customers with real-time energy optimization, cost reduction, and accelerated decarbonization. Ndustrial’s innovative … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Switzerland, Technology
Tagged ABB, AI-powered, Energy management, investment, John Crawford, Mads Moeller, Ndustrial, partnership, Stuart Thompson, sustainability, USA
(IN BRIEF) AF Energi og Miljø AS has finalized the acquisition of 70% of the shares in ETA Norge AS, a proficient bioenergy contractor. ETA Norge, established in 2023, specializes in delivering heating systems and providing project planning, installation, and … Read the full press release
(IN BRIEF) Digi Communications NV reported a strong performance in Q1 2024, with consolidated revenues and other income rising by 12% year-on-year to EUR 446.7 million. The adjusted EBITDA (excluding IFRS 16 impacts) increased by 23.4% to EUR 139.9 million. … Read the full press release
Posted in Belgium, Business, Financial, Investment, Management, News, Portugal, Romania, Spain, Technology, Telecom
Tagged conference call, Dan Ionita, Digi Communications NV, Digi Q1 2024, Digi Q1 2024 Financial Results, EBITDA, financial results, fixed internet, FTTH network, GROWTH, liquidity, Mobile users, network expansion, Pay-TV, Q1 2024 Financial Results, RGUs, Serghei Bulgac, Sota Investments Spain OpCo
(IN BRIEF) Digi Communications has announced the finalization of two export credit facilities agreements totaling EUR 117,158,657.37 by RCS & RDS S.A. (its subsidiary in Romania) and Digi Spain Telecom S.L.U. The agreements aim to finance the purchase of goods … Read the full press release
Posted in Banks, Belgium, Business, Financial, Investment, Management, News, Portugal, Romania, Spain, Technology, Telecom
Tagged Banco Santander S.A., Citibank Europe Plc., Digi Communications, Digi Spain Telecom S.L.U., export credit facilities agreements, financing, loan, RCS & RDS S.A., telecommunication services, telecommunications networks, working capital
(IN BRIEF) Equinor and Petoro have finalized a value-neutral asset swap agreement in the Haltenbanken area, aimed at optimizing ownership in key production hubs. Equinor will increase its stake in the Heidrun field and Noatun discovery while reducing ownership in … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged Equinor, Haltenbanken area, Kjetil Hove, partnership, Petoro, sustainability
(IN BRIEF) Greek startups and SMEs in life sciences, healthcare, and sustainability sectors are set to receive a significant boost with the launch of a €200 million equity agreement managed by the EIF arm of the EIB Group. The agreement, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Healthcare, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, EIF, Equity Fund, Greece, INNOVATION, Ioannis Tsakiris, life sciences, Marjut Falkstedt, Nikos Papathanasis, partnership, SMEs, sustainability
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