(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, has finalized its share repurchase program, acquiring a substantial number of treasury shares across multiple trading venues. With a maximum of 11 million shares earmarked for repurchase and approval from the Board … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Outokumpu, Shares Buyback Program
(IN BRIEF) Espe, an energy company based near Padua, Italy, has been listed on Euronext Growth Milan, marking its third listing in 2024 and the sixth overall on Euronext this year. The company specializes in industrial electrical and automation systems, … Read the full press release
(IN BRIEF) ANDRITZ, an international technology group, has bolstered Pavatex’s fiber production capacity with the delivery of a second production line to their Golbey facility in France. This expansion, integrated with a chip handling and pressurized refining system, marks a … Read the full press release
Posted in Austria, Business, Construction, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, France, partnership, Pavatex Fiber, Soprema Group, sustainability
(IN BRIEF) Safran Electrical & Power has entered an exclusive three-year service contract with Malaysia Airlines Berhad (MAB) to maintain electrical harnesses for their CFM56-7B engines, covering over 40 Boeing 737 aircraft in MAB’s fleet. The agreement includes repair and … Read the full press release
(IN BRIEF) Saint-Gobain has formally approached the Board of CSR Limited, a prominent Australian building materials company, with a non-binding indicative offer to acquire all of CSR’s issued share capital through a scheme of arrangement at A$9.00 cash per share. … Read the full press release
Posted in Business, Construction, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged acquisition, Australia, construction, CSR Limited, partnership, Saint-Gobain, sustainability
(IN BRIEF) Abeking & Rasmussen, renowned shipbuilders based in Germany, has introduced Liva°, the largest superyacht to date spanning over 118 meters. This masterpiece showcases not only impressive dimensions but also record-breaking features, including a sleek black hull and seamlessly … Read the full press release
(IN BRIEF) Heraeus, a technology group based in Hanau, Germany, has made a strategic investment in the Japanese startup Tsubame BHB, marking its commitment to sustainable technologies and expanding its presence in Japan. Tsubame BHB specializes in developing environmentally friendly … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged ammonia, Dr. Philipp Walter, Heraeus, Hideto Yamauchi, Japan, partnership, sustainability, technology, Tsubame BHB
(IN BRIEF) BT Group has reached an agreement to sell the iconic BT Tower to MCR Hotels for £275 million. MCR Hotels, known for preserving historic landmarks, plans to repurpose the tower into a hotel, securing its status as a … Read the full press release
(IN BRIEF) SCC, a European technology solutions and services firm, has announced the acquisition of Resonate, a leading provider of cloud voice and collaboration services based on Microsoft Teams. This strategic move marks SCC’s third acquisition in the past year … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged acquisition, Bob Garcia, INDIA, James Rigby, Microsoft Teams, partnership, Resonate, SCC, sustainability
(IN BRIEF) Landis+Gyr, a leading provider of energy management solutions, is set to showcase innovative technologies aimed at enhancing flexibility in managing the energy transition at the DISTRIBUTECH International 2024 conference in Orlando, FL. Through high-resolution data and automated controls, … Read the full press release
(IN BRIEF) Researchers from Fujitsu and QuTech have achieved a major breakthrough in quantum computing by developing ultra-cold electronic circuits to control diamond-based quantum bits (qubits). This advancement overcomes the ‘wiring bottleneck’ by enabling the operation of both qubits and … Read the full press release
Posted in Business, Education, Financial, Industrial, Investment, Management, Netherlands, News, Science, Technology
Tagged Diamond-Based, Dr. Shintaro Sato, Fabio Sebastiano, Fujitsu, Masoud Babaie, partnership, quantum computing, Qubit Control, QuTech, sustainability, TU Delft, Ultra-Cold Electronics
(IN BRIEF) Digi Communications NV, a European telecommunications leader, will host a conference call on February 28, 2024, to discuss its 2023 preliminary financial results. The call, scheduled for 14:00 UK time / 16:00 EEST, will be conducted in English … Read the full press release
(IN BRIEF) Bharti Airtel and Ericsson have successfully demonstrated the functionality of mmWave 5G on Airtel’s network in India, achieving peak speeds of 4.7Gbps during testing. This milestone showcases the potential of mmWave technology for delivering high network capacity, particularly … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G mmWave, Airtel, Ericsson, INDIA, Nunzio Mirtillo, partnership, Randeep Singh Sekhon, sustainability
(IN BRIEF) Ericsson and TDC NET have initiated a groundbreaking collaboration to provide Virtual Reality (VR) training for TDC NET’s engineers, marking the first of its kind in the Nordics. This innovative approach replaces traditional 2D screen training with immersive … Read the full press release
Posted in Business, Denmark, Education, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Science, Sweden, Technology, Telecom
Tagged 2D screen, Denmark, engineers, Ericsson, Niclas Backlund, partnership, sustainability, Søren Elsborg, TDC Net, training, Virtual Reality
(IN BRIEF) A.P. Moller-Maersk (Maersk) has inaugurated its largest infrastructure investment in New Zealand with the opening of its integrated cold chain facility at the Ruakura Superhub in Hamilton. Costing approximately NZD 140-150 million, the facility offers end-to-end supply chain … Read the full press release
Posted in Business, Denmark, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Cold Chain Facility, Golden Triangle, Kylie Fraser, Maersk, New Zealand, partnership, sustainability, Tuku Morgan, Vincent Clerc
(IN BRIEF) Wienerberger, an Austrian building materials company, reports robust full-year results for 2023, with total revenues reaching €4.2 billion and operating EBITDA hitting €811 million, driven by increased infrastructure and renovation activities. Despite challenges like inflation and rising interest … Read the full press release
(IN BRIEF) Fresenius had a strong finish in 2023, with a robust fourth quarter performance. They project accelerated earnings growth in 2024 due to the momentum from their #FutureFresenius initiatives. Achieving their raised outlook for FY/23, the company saw continued … Read the full press release
(IN BRIEF) Automation company KUKA gears up for Hannover Messe in April, focusing on innovation and young research talent. The KUKA Innovation Award highlights robotics solutions tailored for various industries, while at the Microsoft stand, KUKA demonstrates how artificial intelligence … Read the full press release
(IN BRIEF) Ingka Investments, the investment arm of Ingka Group, has acquired 23,883 hectares of land, including 19,276 hectares of forestland, across Finland, Estonia, and Latvia. This acquisition aligns with their commitment to responsible forest management. The properties contain a … Read the full press release
(IN BRIEF) Kalmar, a subsidiary of Cargotec, has finalized a deal to provide Hutchison Ports ECT Rotterdam with two fully electric and eight hybrid straddle carriers for its ECT Delta terminal, as part of a fleet renewal initiative. Scheduled for … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology, Transportation & Logistics
Tagged Cargotec, Electric and Hybrid Straddle Carriers, Hutchison Ports ECT Rotterdam, Kalmar, Karri Keskinen, Netherlands, partnership, sustainability
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