(IN BRIEF) Societe Generale has named Subra Suresh as Chairman of its newly formed Scientific Advisory Council, effective February 1st. This advisory body is part of the bank’s strategic plan to become a frontrunner in ESG and sustainability. Suresh, a … Read the full press release
(IN BRIEF) BAE Systems has completed the acquisition of Malloy Aeronautics, a prominent player in innovative heavy lift drone and aeronautical technologies. Malloy Aeronautics specializes in the design and supply of all-electric uncrewed aerial systems (UAS) for both civilian and … Read the full press release
(IN BRIEF) The Volkswagen Group, with annual financing requirements of approximately €20 billion, is a regular participant in the international bond markets. To provide greater transparency to investors, Volkswagen AG and Volkswagen Financial Services AG have decided to engage Fitch … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Arno Antlitz, creditworthiness, Financial, Fitch Ratings, investment, transparency, Volkswagen
(IN BRIEF) Ericsson and the Indian Institute of Technology Kharagpur (IIT Kharagpur) have entered a long-term collaboration focusing on joint research in the fields of AI, Compute, and Radio, with a particular emphasis on 6G technology development. Through this partnership, … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 6G Research, Ericsson, IIT Kharagpur, INDIA, Magnus Frodigh, Nitin Bansal, partnership, Virendra Kumar Tewari
(IN BRIEF) On February 1, 2024, Skanska organized the CEO Alliance meeting at the European Spallation Source (ESS) in Lund, Sweden, where CEOs of member companies from various industries convened to discuss collaborative strategies for sustainable business development and innovation. … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Investment, Management, Media, News, Sweden
Tagged AAB, Anders Danielsson, CEO Alliance Meeting, climate transition, E.ON, Enel, Ericsson, Europe, Iberdrola, Scania, Schneider Electric, Skanska, sustainability, Volkswagen
(IN BRIEF) In a Phase III trial conducted in Japan, acoramidis, an investigational treatment for transthyretin-mediated amyloid cardiomyopathy (ATTR-CM), demonstrated promising high-level results consistent with the global BridgeBio Pharma, Inc. ATTRibute-CM Phase III trial. The trial in Japan aimed to … Read the full press release
Posted in Business, Education, Financial, Germany, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged Acoramidis, AstraZeneca, Japan, Marc Dunoyer, Professor Yukio Ando, Transthyretin-Mediated Amyloid Cardiomyopathy (ATTR-CM), treatment
(IN BRIEF) Swedish energy company Vattenfall has awarded Nuvia, a subsidiary of VINCI Construction, a significant contract to undertake the dismantling of units 1 and 2 at the Ringhals nuclear power plant in Sweden. This comprehensive project, scheduled to run … Read the full press release
(IN BRIEF) On February 1, 2024, Outokumpu, a Finnish stainless steel manufacturer, successfully completed its share buyback program, repurchasing a total of 245,903 of its own shares across various trading venues at an average price of EUR 3.99 per share, … 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) trinamiX GmbH is showcasing its Face Authentication with liveness detection technology for smartphones and vehicles, offering a secure and convenient method to protect devices and data. The solution even detects realistic three-dimensional masks, ensuring user privacy without compromising … Read the full press release
Posted in Automotive, Business, Chemicals, Electronics & Machinery, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Spain, Technology, Telecom
Tagged automotive, BASF, consumer electronics, Innovative Sensing Solutions, MWC 2024, smartphones, Spain, trinamiX
(IN BRIEF) The European Chemicals Agency (ECHA) has awarded a €4.2 million contract to a consortium led by the Fraunhofer Institute for Toxicology and Experimental Medicine (ITEM) to conduct scientific studies on New Approach Methodologies (NAMs) as alternatives to animal … Read the full press release
Posted in Business, Chemicals, Education, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Science, Technology
Tagged Alternative Testing Methods, BASF, consortium, ECHA, Fraunhofer Institute for Toxicology and Experimental Medicine (ITEM), partnership, Professor Hennicke Kamp, sustainability
(IN BRIEF) The European Investment Bank (EIB) has signed a €400 million contract with Croatia’s Ministry of Finance to support the country’s railway infrastructure and rolling stock upgrade. Part of a €900 million commitment, this financing aims to promote sustainable … Read the full press release
Posted in Banks, Croatia, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Transportation & Logistics
Tagged clean transport, CROATIA, EIB, European Investment Bank, Hrvatske željeznice Infrastruktura, Hrvatske željeznice Putnički prijevoz, HŽI, HŽPP, JASPERS, loan, Marko Primorac, Oleg Butković, railway, railway infrastructure, railway network, railway upgrade, rolling stock, Teresa Czerwińska
(IN BRIEF) BAE Systems has delivered the first production representative test vehicle (PRTV) of the new Amphibious Combat Vehicle 30mm Cannon (ACV-30) variant to the U.S. Marine Corps for testing. The ACV-30 equips dismounted Marines with direct fire support and … Read the full press release
(IN BRIEF) The SPOBIS Conference in Hamburg saw discussions revolving around inclusion, diversity, and football, featuring the German Football Association (DFB) and Volkswagen. The ‘Inclusion in Football’ workshop addressed topics such as inclusive football clubs, emphasizing experiences over results, and … Read the full press release
Posted in Automotive, Business, Entertainment, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Society, Sports
Tagged Alexander Fangmann, DFB, diversity, football, Hamburg, Inclusion, Inga Grabow, Marcell Jansen, partnership, Ralph-Uwe Schaffert, Sandra Waidelich, society, SPOBIS Conference, sports, sustainability, Volkswagen
(IN BRIEF) Logicor, a prominent European logistics real estate owner and developer, is set to grow its presence in the UK by forward funding a 500,000 sq ft distribution warehouse in Derby, located within the logistics hub of the East … Read the full press release
Posted in Business, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Transportation & Logistics, United Kingdom
Tagged Charlie Howard, Derby, Logicor, UK, warehouse
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is backing the growth of venture capital markets in the Baltic states by providing a €10 million investment in Practica Venture Capital III, managed by Lithuania-based venture capital manager Practica … Read the full press release
Posted in Banks, Business, Environment, Estonia, Financial, Government, Industrial, Investment, Latvia, Lithuania, Management, News, Technology, United Kingdom
Tagged Anne Fossemalle, Baltic Venture Capital Fund, EBRD, Estonia, INNOVATION, investment, Latvia, Lithuania, partnership, Practica Capital, sustainability, Tomas Andriuškevičius
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is granting a $42 million (€38.71 million) loan to Azerbaijan Caspian Shipping Company (ASCO), a state-owned shipping company in Azerbaijan. ASCO plans to use the funds to acquire two Handysize … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has signed a €49 million loan agreement with the City of Split to support its 2023-2027 multi-sector investment program aimed at revitalizing public infrastructure. This marks the EIB’s first flagship municipal operation in … Read the full press release
(IN BRIEF) In 2023, the European Investment Bank (EIB) Group experienced robust growth in France, providing nearly €12 billion in long-term financing to the private sector and local and regional authorities. This included €10.6 billion from the EIB and €1.4 … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Ambroise Fayolle, Climate Action, EIB, EIF, France, INNOVATION, investment, Marjut Falkstedt, partnership, SMEs, sustainability, sustainable infrastructure
(IN BRIEF) The European Investment Bank (EIB) Group in Austria has revealed its commitment to financing projects focused on renewable energies, water supply, and social housing in 2023, with a total investment of €1.26 billion. Despite an initial cautious approach … Read the full press release
Posted in Austria, Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News, Real Estate
Tagged Austria, European Investment Bank, Housing Projects, partnership, renewable energy, SMEs, sustainability, Thomas Östros, water supply
(IN BRIEF) International technology group ANDRITZ is set to showcase its extensive array of solutions for dewatering, drying, and automation in the food industry at Anuga FoodTec 2024 in Cologne, Germany. One of the highlights includes their groundbreaking Turbex extraction … Read the full press release
Posted in Austria, Business, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Management, Media, News, Technology
Tagged Andritz, Anuga FoodTec 2024, automation, Cologne, dewatering, drying, extraction system, food industry, Germany, Innovation Center
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