(IN BRIEF) Heidelberg Materials has introduced its new global product brand, evoBuild, dedicated to low-carbon and circular construction products. evoBuild products undergo stringent sustainability criteria and are part of the company’s commitment to providing eco-friendly building materials. Notably, Heidelberg Materials … Read the full press release
(IN BRIEF) ING has disclosed that it repurchased a total of 3,875,832 shares between January 22 and January 26, 2024, as part of its €2.5 billion share buyback program announced in November 2023. These shares were acquired at an average … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Financial, ING, investment, Shares Buyback Program
(IN BRIEF) The European Investment Fund (EIF) is investing €60 million in Future Energy Ventures Fund I, a venture capital fund with a €250 million target size, managed by Future Energy Ventures (FEV). This investment is aimed at supporting early-stage … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has committed €150 million to the 2038 Lusatia program, aimed at mitigating the socio-economic impact of lignite phase-out and advancing climate neutrality in the region. Collaborating closely with Investitionsbank des Landes Brandenburg (ILB), … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News
Tagged EIB, Germany, green transformation, Investitionsbank des Landes Brandenburg (ILB), investment, Lusatia, Nicola Beer, partnership, sustainability, Tillmann Stenger
(IN BRIEF) On January 29, 2024, Outokumpu has successfully completed the repurchase of its own shares as part of a share buyback program announced on November 29, 2023. The company repurchased a total of 315,800 shares across different trading venues … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, OUTOKUMPU OYJ, Share Buyback Program, shares
(IN BRIEF) Taiwanese tissue producer Yuen Foong Yu Consumer Products Co., Ltd. has successfully launched a cutting-edge ANDRITZ PrimeLineCOMPACT tissue production line at its Chingshui mill. This achievement, overseen by Mr. Tang Mingfa, Vice General Manager of Yuen Foong Yu, … Read the full press release
(IN BRIEF) Logicor, a prominent player in European logistics real estate, has commenced the construction of a new environmentally conscious warehouse spanning approximately 13,600 sqm at its logistics park in Rolo (RE), Italy. The project, set to be finished by … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Real Estate, Technology, Transportation & Logistics, United Kingdom
Tagged Graeme Hepburn, Italy, Logicor, partnership, Rolo, sustainability, Warehouse Development
(IN BRIEF) Škoda Auto has commenced production of the updated Scala compact car and Kamiq city SUV at its Mladá Boleslav plant, introducing new equipment features and advanced assistant systems usually reserved for higher vehicle classes. Notably, sustainable materials are … Read the full press release
Posted in Automotive, Business, Czech Republic, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged Andreas Dick, Kamiq Models, SCALA, ŠKODA AUTO, sustainability
(IN BRIEF) Eni has officially confirmed its plan to build Italy’s third bio-refinery in Livorno, as part of its decarbonization strategy aiming for carbon neutrality by 2050. The project includes the construction of three new facilities for the production of … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Bio-Refinery, construction, Eni, Italy, Livorno, sustainability
(IN BRIEF) Siemens Digital Industries Software has announced that INTERCHIP CORPORATION, a leading fabless semiconductor company specializing in high-precision, low-power oscillator products, utilized Siemens’ Analog FastSPICE platform and Symphony™ platform to verify its latest Voltage-Controlled Crystal Oscillator (VCXO) integrated circuit … Read the full press release
(IN BRIEF) BASF Process Catalysts has announced a strategic partnership with Envision Energy to advance the conversion of green hydrogen and CO2 into e-methanol through an innovative process design. Leveraging BASF’s cutting-edge SYNSPIRETM catalyst technology, the collaboration aims to optimize … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged BASF Process Catalysts, CHINA, Detlef Ruff, e-methanol, Envision Energy, Frank Yu, partnership, sustainability, SYNSPIRETM
(IN BRIEF) Beijer Byggmaterial, part of STARK Group, has unveiled the first phase of construction for one of Sweden’s most modern builders’ merchants, representing a substantial investment in the growth region around Gothenburg. Located strategically in Hisings Backa, near central … Read the full press release
Posted in Business, Construction, Denmark, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Retail, Sweden, Technology, Transportation & Logistics
Tagged Beijer Byggmaterial, Gothenburg, Merchants Facility, partnership, Stark group, sustainability, Sweden
(IN BRIEF) In 2023, TenneT, the transmission system operator, transmitted approximately 19.24 terawatt hours (TWh) of wind energy from the German North Sea to land, while in the Netherlands, it was 4.17 TWh. This energy could theoretically fulfill the annual … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Netherlands, News
Tagged North Sea, Tennet, Tim Meyerjürgens, wind energy
(IN BRIEF) Rheinmetall has received a substantial order from an international partner to supply components for the production of Fuchs 2 wheeled armoured vehicles at a factory in the partner country. The order, valued at a figure in the three-digit … Read the full press release
(IN BRIEF) Imerys, the world leader in specialty minerals for industry, has confirmed the locations for its EMILI project, aimed at lithium extraction and production for batteries. The company has chosen La Loue, in the city of Saint-Victor near Montluçon, … Read the full press release
(IN BRIEF) INEOS Holdings Limited’s subsidiary, INEOS Finance plc, has initiated an offering of euro and U.S. dollar-denominated senior secured notes due 2029, aiming to raise approximately €2 billion. The proceeds from this financing will serve various purposes, including refinancing … Read the full press release
Posted in Business, Chemicals, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Financial, INEOS, investment, senior secured notes
(IN BRIEF) Wacker Chemie AG has announced a substantial year-over-year decline in its 2023 sales and earnings due to a persistently weak market environment. Preliminary figures show the company’s sales dropped by 22 percent to approximately €6.40 billion, primarily attributed … Read the full press release
Posted in Business, Chemicals, Economy, Financial, Germany, Industrial, Investment, Management, News
Tagged Christian Hartel, Decline in Sales, Earnings 2023, Financial, investment, Wacker Chemie
(IN BRIEF) GSK has received marketing authorization from the European Commission for Omjjara (momelotinib), an oral inhibitor targeting JAK1/JAK2 and activin A receptor type 1 (ACVR1). Omjjara is the first approved treatment in the EU for disease-related splenomegaly (enlarged spleen) … Read the full press release
Posted in Business, Education, Financial, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged Francesca Palandri, GSK, Myelofibrosis Treatment, Nina Mojas, Omjjara, splenomegaly
(IN BRIEF) GSK has submitted a regulatory application to the European Medicines Agency (EMA) to expand the use of its adjuvanted recombinant respiratory syncytial virus (RSV) vaccine to adults aged 50-59 who are at increased risk for RSV disease. The … Read the full press release
Posted in Business, Education, Financial, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged Adults Aged 50-59, COPD, GSK, NCT05590403, RSV Vaccination, vaccine
(IN BRIEF) Paris-based Capgemini has announced its successful collaboration with the Auto Club Group (ACG) in migrating its core insurance processing applications to Google Cloud. This strategic move enables ACG to simplify its IT infrastructure, optimize operations, and improve application … Read the full press release
Posted in Business, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Auto Club Group, Capgemini, Google Cloud, Madhu Nandagiri, MIGRATION, Nigel Walsh, partnership, Shane Cassidy
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