(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have collaborated with Erste Bank der oesterreichischen Sparkassen AG (Erste Bank) to facilitate SME lending in Austria through a pioneering synthetic securitisation transaction. This landmark transaction, the … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Security & Safety, Small Business
Tagged Austria, EIB, EIF, Erste Bank, Hans Unterdorfer, Marjut Falkstedt, partnership, SME, sustainability, synthetic securitisation, Thomas Östros
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has reported a profit of €2.1 billion for 2023, marking a significant turnaround from the €1.1 billion losses incurred in 2022 due to the Russian invasion of Ukraine. The bank’s … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Ukraine, United Kingdom
Tagged EBRD, investments, partnership, Soha El-Turky, sustainability, UKRAINE
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €22 million loan to Ukrainian pharmaceutical giant Farmak Group to facilitate its strategic acquisition of a Polish pharmaceutical company and to upgrade its IT systems. Farmak, a … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Poland, Science, Technology, Ukraine, United Kingdom
Tagged acquisition, EBRD, expansion, Farmak, Frederic Lucenet, investment, partnership, Poland, sustainability, UKRAINE
(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have joined forces to provide Erste Bank der oesterreichischen Sparkassen AG (Erste Bank) with a €49 million guarantee for a synthetic securitisation transaction, marking Austria’s first such … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Austria, EIB Group, EIF, Erste Bank, Hans Unterdorfer, Marjut Falkstedt, partnership, SME, sustainability, Thomas Östros
(IN BRIEF) At the EU-Moldova Private Sector Investment Conference in Chișinău, the European Investment Bank (EIB Global) sealed two agreements with Moldova’s leading bank, maib. The first involves a €50 million loan aimed at enhancing access to finance and promoting … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, European Union, green investments, Macar Stoianov, maib, MOLDOVA, MSMEs, partnership, sustainability, Teresa Czerwinska
(IN BRIEF) Royal Philips announces the final agreement on a consent decree for its subsidiary, Philips Respironics, with the US Department of Justice (DOJ) and the US Food and Drug Administration (FDA). The decree primarily focuses on Respironics’ US operations, … Read the full press release
Posted in Business, Electronics & Machinery, Financial, Government, Healthcare, Industrial, Investment, Management, Netherlands, News, Security & Safety, Technology
Tagged DOJ, FDA, Philips, Philips Respironics, Roy Jakobs, safety, Steve C. de Baca
(IN BRIEF) Thales, a leading technology and security provider, announces a collaboration with Google Cloud and Intel to bolster enterprise data security in the cloud through the CipherTrust Data Security Platform (CDSP). Leveraging Confidential Computing (CC) from Google Cloud and … Read the full press release
(IN BRIEF) PUMA unveils its first worldwide brand campaign in a decade, titled “FOREVER. FASTER. – See The Game Like We Do,” aiming to solidify its position as the fastest sports brand globally. Rooted in PUMA’s DNA, the campaign celebrates … Read the full press release
Posted in Business, Financial, France, Industrial, Investment, Management, Marketing, News, Retail, Sports, Technology
Tagged "FOREVER FASTER" Campaign, Arne Freundt, basketball, Breanna Stewart, football, handball, Karsten Warholm, Mondo Duplantis, Neymar Jr, PUMA, Richard Teyssier, Rudolf Dassler, running, sports
(IN BRIEF) Vitesco Technologies announces a strategic partnership with DHL Supply Chain as a Lead Logistics Partner (LLP), aiming to enhance sustainability, resilience, and efficiency in logistics. Under this partnership, DHL will centrally manage logistics flows for Vitesco Technologies’ twelve … Read the full press release
(IN BRIEF) Software AG unveils the ARIS AI Companion, a groundbreaking tool designed to democratize process analysis and optimization within organizations. With AI-enabled process mining capabilities, employees across all levels can now delve into their organization’s processes, identify inefficiencies, and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged ARIS AI Companion, Dr. Stefan Sigg, optimization, Software AG
(IN BRIEF) Software AG announces the release of Alfabet 11, a pivotal advancement in enterprise architecture and strategic portfolio management. Designed to engage previously disconnected business users in the digital transformation journey, Alfabet 11 enhances accessibility to IT landscape analysis … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Alfabet 11, digital transformation, Dr. Stefan Sigg, Software AG
(IN BRIEF) Yara International ASA is scheduled to release its first quarter 2024 results on Friday, April 26, 2024, at 08:00 CEST, followed by a presentation in English at 12:00 CEST. Interested parties can access the report, presentation, and webcast … Read the full press release
Posted in Business, Chemicals, Economy, Financial, Industrial, Investment, Management, Media, News, Norway
Tagged Financial, First Quarter 2024 Results, investment, Yara International ASA
(IN BRIEF) Amidst ongoing conflict in Ukraine, the European Bank for Reconstruction and Development (EBRD) is providing a €12.5 million unfunded portfolio risk-sharing facility to Ukrgasbank, aimed at unlocking €50 million of fresh financing for the country’s private sector. Signed … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, Ukraine, United Kingdom
Tagged EBRD, MSMEs, partnership, sustainability, UKRAINE, Ukrgasbank
(IN BRIEF) In a bid to bolster Ukraine’s private sector amidst the ongoing conflict, the European Bank for Reconstruction and Development (EBRD) is extending a €50 million unfunded portfolio risk-sharing facility to Oschadbank. This initiative aims to unlock €200 million … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, Ukraine, United Kingdom
Tagged EBRD, Francis Malige, MSMEs, Oschadbank, partnership, Sergii Naumov, sustainability, UKRAINE
(IN BRIEF) In a strategic partnership, ANDRITZ, an international technology group, and Microsoft are collaborating to redefine the future of the process industry. This collaboration aims to pioneer fully autonomous factories and establish a trusted data ecosystem utilizing the ANDRITZ … Read the full press release
Posted in Austria, Business, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, Data Trust, factories, Joachim Schönbeck, Manufacturing, Microsoft, partnership, Ralph Haupter, Rohit Pant, sustainability
(IN BRIEF) In a strategic move to enhance operational efficiencies within its extensive global supply chain network, Ericsson, a prominent figure in 5G and communication technologies, has opted for SAP Integrated Business Planning for Supply Chain (SAP IBP) solution. As … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged Dominik Metzger, Ericsson, global supply chain, partnership, SAP IBP, Sweden
(IN BRIEF) Explore the depths of Australia’s ambitious renewable energy endeavor unfolding in the Snowy Mountains, where the Webuild Group and Clough, in collaboration with Snowy Hydro Limited, are spearheading the Future Generation project. This pumped-storage scheme, distinct from conventional … Read the full press release
(IN BRIEF) In a bid to accelerate the transition towards a circular economy, Borealis has announced a significant investment of EUR 4.5 million in the cracker furnaces of its Porvoo site. This investment aims to increase the utilization of renewable … Read the full press release
(IN BRIEF) Henkel and Samsung have joined forces to introduce a groundbreaking laundry solution tailored for the South Korean market. By combining Henkel’s Persil Deep Clean enzyme technology with Samsung’s advanced AI Bubble™ and AI Auto Dispenser technologies, they have … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Energy-Efficient Wash Cycles, Henkel, Laundry, Moohyung Lee, Nuria Ribe, partnership, Samsung, South Korea, sustainability
(IN BRIEF) Google Cloud and Orange have expanded their collaboration to deploy artificial intelligence solutions closer to Orange’s operations and customers through the use of Google Distributed Cloud (GDC). This collaboration enables Orange to meet local requirements for cloud environments, … Read the full press release
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