(IN BRIEF) In a significant move towards advancing their joint vision for e-mobility, Volkswagen Group and Mahindra & Mahindra Ltd. (M&M) have signed a landmark supply agreement for components of Volkswagen’s MEB platform to be integrated into Mahindra’s purpose-built electric … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged electric mobility, INDIA, INGLO, Mahindra, partnership, Volkswagen
(IN BRIEF) The European Investment Bank (EIB) Group has announced plans to establish local offices in Riga, Latvia, and Tallinn, Estonia, aiming to bolster its support for regional projects and investments. This move signifies a deeper commitment to the Latvian … Read the full press release
Posted in Banks, Business, Environment, Estonia, Financial, Industrial, Investment, Latvia, Luxembourg, Management, News, Small Business
Tagged Arvils Aseradens, BALTIC, EIB Group, Evika Siliņa, Mart Võrklaev, Nadia Calviño, offices, partnership, Riga, SMEs, sustainability, Tallinn, Thomas Östros
(IN BRIEF) Outokumpu finalized its share repurchase program on February 15, 2024, purchasing shares on two trading venues. The total cost amounted to EUR 330,701.62 for 80,325 shares. This action is in line with the company’s previously announced buyback program … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, OUTOKUMPU OYJ, Shares Buyback Program
(IN BRIEF) Dr. Richard Carter, a University of York academic, is leading a project exploring the responsible use of artificial intelligence (AI) in the museum and heritage sector to revolutionize storytelling and enrich visitor experiences. The project, funded by the … Read the full press release
(IN BRIEF) A remarkable exhibition at the Yorkshire Museum, titled “Star Carr: Life after the ice,” unveils a treasure trove of artefacts discovered during excavations led by a University of York researcher at the renowned Middle Stone Age site of … Read the full press release
(IN BRIEF) Henkel, a global leader in adhesive technologies, has announced the acquisition of Seal for Life Industries LLC, a US-based provider of protective coating and sealing solutions, from Arsenal Capital Partners. With Seal for Life’s expertise in infrastructure markets … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged acquisition, Carsten Knobel, Henkel, Maintenance Repair Overhaul (MRO) Solutions, Mark Dorn, partnership, Seal for Life Industries, sustainability, USA
(IN BRIEF) Empa researcher Andyn Omanovic, in collaboration with etavalve GmbH, a spin-off of Empa and ETH Zurich, is poised to revolutionize the utilization of industrial waste heat. Omanovic’s innovative piston machine, equipped with an electro-hydraulically actuated valve control system, … Read the full press release
(IN BRIEF) Rheinmetall Dermalog SensorTec GmbH, a joint venture between Rheinmetall AG and DERMALOG Identification Systems GmbH, has clinched a significant order from a leading healthcare company for a cutting-edge system designed to detect distraction and fatigue during final quality … Read the full press release
(IN BRIEF) Moldova’s aspiration for EU membership is met with the recognition of significant challenges in key sectors like energy, trade, and banking. In response, the European Bank for Reconstruction and Development (EBRD) formulated the Reform Support Team (RST) program, … Read the full press release
Posted in Banks, Business, Environment, European Union, Financial, Government, Industrial, Investment, Management, Moldova, News, United Kingdom
Tagged Diaspora, EBRD, MOLDOVA, Olga Lozan, partnership, Roman Cozma, Sergiu Brasoveanu, sustainability
(IN BRIEF) Škoda Auto’s latest exhibition at the Škoda Museum in Mladá Boleslav highlights the company’s dedication to electrification and sustainability, running until June 16th. Featuring historical and current environmental projects, the exhibit details Škoda’s strategies to reduce emissions throughout … Read the full press release
Posted in Automotive, Business, Czech Republic, Environment, Financial, Industrial, Investment, Management, Media, News, Technology
Tagged electrification, Museum Exhibition, ŠKODA AUTO, sustainability
(IN BRIEF) International technology group ANDRITZ has secured an order from Moorim P&P in South Korea to upgrade the evaporation plant at its Ulsan mill, aimed at improving efficiency and resource conservation. The refurbishment project will focus on increasing the … Read the full press release
(IN BRIEF) Outokumpu has finalized the repurchase of its own shares, as outlined in its recently announced buyback program. The company completed transactions across multiple trading venues, acquiring a total of 350,906 shares at an average price of EUR 4.1 … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, OUTOKUMPU OYJ, Shares Buyback Program
(IN BRIEF) UniCredit has announced its support for the third edition of the Youth America’s Cup and will serve as the naming partner for the UniCredit Youth America’s Cup Regatta. Scheduled from September 17th to 26th in Barcelona, the event … Read the full press release
Posted in Banks, Business, Entertainment, Financial, Government, Industrial, Investment, Italy, Management, Media, News, Spain, Sports
Tagged Andrea Orcel, Barcelona, Grant Dalton, partnership, Sailors, sports, UNICREDIT, Youth America's Cup
(IN BRIEF) Stellantis has announced the approval of a share buyback program worth up to €3 billion, reflecting the company’s robust financial position and commitment to delivering value to shareholders. The program, to be executed on the market, will involve … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Financial, investment, Share Buyback Program, Shareholder Value, Stellantis
(IN BRIEF) Stellantis N.V. has announced its exceptional full-year 2023 results, with net revenues soaring to €189.5 billion, a 6% increase year-on-year, accompanied by a remarkable 11% rise in net profit to €18.6 billion. The company also reported a substantial … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Carlos Tavares, Financial, investment, share buyback, Stellantis
(IN BRIEF) Stellantis has revealed its plans to distribute close to €1.9 billion this year to employees worldwide, based on the company’s impressive 2023 financial results and global achievements. This marks a significant milestone since the formation of Stellantis just … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Carlos Tavares, Employee Payouts, Financial, investment, Stellantis
(IN BRIEF) Schneider Electric, a global leader in energy management and automation, has announced its exceptional sustainability performance for 2023 alongside its annual financial results. Surpassing expectations, the Schneider Sustainability Impact (SSI) score reached 6.13 out of 10, exceeding the … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News
Tagged Agustin Lopez Diaz, Financial, investment, Schneider Electric, sustainability
(IN BRIEF) GSK plc has finalized the acquisition of Aiolos Bio, bolstering its respiratory biologics portfolio with AIO-001, a promising long-acting anti-TSLP monoclonal antibody for treating asthma. AIO-001, set to enter phase II clinical trials, targets severe asthma patients with … Read the full press release
Posted in Business, Financial, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged acquisition, Aiolos Bio, biologics, GSK, respiratory, Tony Wood
(IN BRIEF) Swiss rail operator SBB has placed an order for five additional Giruno high-speed trains from Stadler, aiming to bolster its international services to Italy and enhance accessibility and comfort for passengers. Manufactured at Stadler’s production plant in Bussnang, … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged Ansgar Brockmeyer, Giruno High-Speed Trains, Italy, partnership, Rail Connectivity, SBB, Stadler, sustainability
(IN BRIEF) Outokumpu, a leader in sustainable stainless steel, joins forces with V-ZUG, a Swiss premium home appliance manufacturer, to introduce the world’s first towards-zero stainless steel. Utilizing Outokumpu Circle Green®, boasting up to a remarkable 93% reduction in carbon … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Finland, Government, Industrial, Investment, Management, Metals and Minerals, News, Switzerland, Technology
Tagged Circle Green, Green Stainless Steel, Marcel Niederberger, Niklas Wass, Outokumpu, partnership, sustainability, Sustainable Appliances, Switzerland, V-Zug
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