(IN BRIEF) EQT Infrastructure VI fund has confirmed the termination of its agreement to acquire a majority stake in Italy’s largest mobile network from Wind Tre, as announced on May 12, 2023. The decision to terminate the transaction was made … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Sweden, Technology, Telecom
Tagged acquisition, CK Hutchison, EQT Infrastructure, Italy, mobile network, partnership, Wind Tre
(IN BRIEF) Covestro has inaugurated a groundbreaking pilot plant at its Leverkusen site, heralding a significant leap in chemical production. This innovative facility is set to produce aniline—a crucial chemical component—solely from plant biomass, departing from traditional petroleum-based methods. Aniline … Read the full press release
(IN BRIEF) In a groundbreaking initiative, researchers from the University of Exeter and the University of Oxford, in collaboration with the Organized Crime and Corruption Reporting Project (OCCRP), are embarking on a major study to identify the “red flags” of … Read the full press release
Posted in Business, Education, Financial, Government, Industrial, Investment, Management, News, Politics, United Kingdom
Tagged Alexandra Gillies, John Heathershaw, Kleptocracy, Organized Crime and Corruption Reporting Project (OCCRP), partnership, Ricardo Soares de Oliveira, Tena Prelec, Tom Mayne, University of Exeter, University of Oxford
(IN BRIEF) BAE Systems has been chosen by Boeing to enhance the vehicle management system computer (VMSC) for the U.S. Navy’s MQ-25 unmanned aerial refueling system. This upgrade will boost computing power, address obsolescence concerns, and streamline the aircraft’s performance, … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Technology, United Kingdom
Tagged BAE Systems, Corin Beck, MQ-25, partnership, U.S. Navy, Vehicle Management System
(IN BRIEF) With support from the InvestEU programme, the European Investment Fund (EIF) and the Catalan Finance Institute (ICF) have entered into a capped portfolio guarantee agreement to leverage €64 million in financing for social enterprises and entities in the … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Catalonia, Creative Sector, EIF, Institut Català de Finances (ICF), InvestEU programme, Marjut Falkstedt, Nicolas Schmit, partnership, SMEs, social enterprises, sustainability, Vanessa Servera
(IN BRIEF) The Vredeveld Group, a leading logistics company in the Netherlands, has implemented Continental’s ContiConnect digital tire monitoring technology across its modern fleet, resulting in significant improvements in fleet efficiency, fuel consumption, and carbon emissions reduction. With a fleet … Read the full press release
(IN BRIEF) Telstra and Ericsson have unveiled a groundbreaking deployment of high-density microprocessors from Advanced Micro Devices (AMD) within Ericsson’s Cloud Native Infrastructure Solution (CNIS), bolstering Telstra’s 5G Core functions with notable energy efficiency. The deployment features AMD’s Genoa processors, … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G Core Deployment, AMD, Australia, Emilio Romeo, Ericsson, partnership, Shailin Sehgal, sustainability, Telstra
(IN BRIEF) Vodafone Romania has selected Ericsson as a key partner for upgrading its current infrastructure and deploying 5G networks, aiming to bring enhanced connectivity speeds, low latency, and reliable performance to consumers and enterprises. Under the six-year agreement, Ericsson … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania, Sweden, Technology, Telecom
Tagged 5G Deployment, Ericsson, network upgrade, partnership, Romania, vodafone
(IN BRIEF) Rheinmetall AG is undertaking a significant strategic initiative to enhance Germany’s national security preparedness by constructing a new ammunition factory, “Werk Niedersachsen,” at its Unterlüß site in Lower Saxony. This factory, with an investment volume of around €300 … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology
Tagged Ammunition Factory, Armin Papperger, Boris Pistorius, Chancellor Olaf Scholz, Defence, Denmark, Germany, Mette Frederiksen, partnership, Rheinmetall, Unterlüß, “Werk Niedersachsen”
(IN BRIEF) The latest NatWest Regional PMI® survey reveals a positive start to the year for most areas of the UK, with business activity expanding across ten out of twelve regions and nations. London and the West Midlands led the … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged economic growth, Financial, investment, NatWest, PMI Survey, Sebastian Burnside, UK Regions
(IN BRIEF) The NatWest and Beauhurst Startup Index released today unveils a landmark year for entrepreneurship in the UK, with over 900,000 new companies incorporated, marking a record high. Despite economic challenges such as inflation and operational costs, the surge … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Beauhurst, Henry Whorwood, James Holian, NatWest, partnership, SMEs, sustainability, UK Entrepreneurship
(IN BRIEF) Aurubis Bulgaria AD has contracted Metso for a significant copper Flash Smelting Furnace rebuild project in Bulgaria’s Zlatitsa-Pirdop Valley, surpassing EUR 10 million in value. This collaboration marks another milestone in the longstanding partnership between the two companies, … Read the full press release
(IN BRIEF) Under the “EU Support for Urgent Housing Needs for Internally Displaced Persons in Ukraine” initiative, a former boarding school dormitory in Kivertsi has been efficiently reconstructed to offer housing for displaced Ukrainians. With funding from the EU and … Read the full press release
Posted in Banks, Business, Construction, Environment, European Union, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Ukraine
Tagged Displaced Ukrainians, EU, Henrik Huitfeldt, housing, Leonid Stefanovych, NEFCO, Oleksandr Kovalchuk, partnership, reconstruction, Ronny Nilsson, sustainability
(IN BRIEF) EQT X has achieved a significant milestone, with expectations to be 30-35% invested based on its target fund size, subject to regulatory approvals. This development signals progress for EQT X, highlighting its commitment to strategic investments. However, it’s … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Sweden
Tagged EQT, EQT X, Financial, investment
(IN BRIEF) GSK plc has announced that the US Food and Drug Administration (FDA) has granted Fast Track designation for bepirovirsen, an investigational antisense oligonucleotide (ASO) targeting chronic hepatitis B (CHB). The Fast Track designation aims to expedite the development … Read the full press release
Posted in Business, Education, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged Bepirovirsen, Chronic Hepatitis B Treatment, FDA Fast Track, GSK
(IN BRIEF) Gasum Portfolio Services has been chosen by shipping company Wasaline to manage its EU Allowances (EUA) portfolio, following the extension of the EU emissions trading system to include the maritime sector at the beginning of 2024. This partnership … Read the full press release
(IN BRIEF) Swedfund has announced a significant investment of USD 5 million in Teyliom Finance’s subsidiary, Bridge Bank Microfinance, as part of its mission to enhance financial empowerment for micro, small, and medium-sized enterprises (MSMEs) in Côte D’Ivoire. This investment, … Read the full press release
Posted in Banks, Business, Financial, Government, Industrial, Investment, Management, News, Small Business, Sweden
Tagged Africa, Bridge Bank Microfinance, Cote d’Ivoire, Financial, investment, Kitanha Toure, MSMEs, partnership, Swedfund, Teyliom Group
(IN BRIEF) Ericsson has signed a three-year Memorandum of Understanding (MoU) with the Indian Statistical Institute (ISI) to establish a collaborative research center for Cyber-Physical Systems (C-CPS). Under the C-CPS umbrella, Ericsson Research will collaborate with ISI on various research … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged Cyber-Physical Systems, Dr. Magnus Frodigh, Ericsson, Indian Statistical Institute, Nitin Bansal, partnership, Prof. Diganta Mukherjee, Prof. Sanghamitra Bandyopadhyay, RESEARCH, sustainability
(IN BRIEF) The shareholders of Koniambo Nickel SAS (KNS), including Société Minière du Sud Pacifique SA (SMSP) and Glencore plc, have decided to transition KNS into care and maintenance due to high operating costs and weak nickel market conditions. Glencore … Read the full press release
Posted in Business, Industrial, Investment, Metals and Minerals, Switzerland
Tagged care, Glencore plc, KNS, Koniambo Nickel SAS, maintenance, SMSP, Société Minière du Sud Pacifique SA, Xstrata
(IN BRIEF) In its latest move, Outokumpu has finalized the repurchase of its own shares as per the announced buyback program. On February 9, 2024, the company acquired 877 shares at an average price of 4.114 EUR per share, amounting … 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
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