(IN BRIEF) The German military, Bundeswehr, has awarded Rheinmetall a significant contract worth nearly €50 million for over 470,000 decoy flares from Rheinmetall’s Birdie product line. These infrared decoy flares are used to distract incoming infrared-homing guided missiles and simulate … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Aircraft Decoy Flares, Bundeswehr, partnership, Rheinmetall, sustainability
(IN BRIEF) BT has confirmed its commitment to sponsor all four Welsh professional rugby union teams, including Ospreys, Cardiff Rugby, Scarlets, and Dragons, until the conclusion of the 2023-24 season. This marks a decade of continuous sponsorship, making it one … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, News, Sports, Technology, Telecom, United Kingdom
Tagged BT Group, Cardiff Rugby, Dragons, football, Matt Stevenston, Ospreys, partnership, Scarlets, Simon Muderack, sponsorship, sports, sustainability, Welsh Rugby Union Sides
(IN BRIEF) According to the latest report by the Capgemini Research Institute, business leaders are entering 2024 with a heightened sense of optimism compared to the previous year, with 56% expressing confidence in their organization’s future growth despite ongoing global … Read the full press release
Posted in Business, Economy, Environment, Financial, France, Industrial, Investment, Management, News, Technology
Tagged Aiman Ezzat, business leaders, Capgemini, Financial, investments, sustainability, technology
(IN BRIEF) Thuraya, the mobile satellite services operator based in the United Arab Emirates, has completed a successful migration and upgrade of its monetization systems with Ericsson. The upgrade involved deploying the latest Ericsson Billing and Ericsson Charging solutions, resulting … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged billing, charging systems, Ericsson, Ericsson Billing, Ericsson Charging, Khalid Al Kaf, Monetization, Nicolas Blixell, partnership, sustainability, Thuraya, UAE, Yahsat
(IN BRIEF) Saint-Gobain, a global leader in sustainable building materials, is set to acquire Glass Service a.s., a provider of digital solutions for glass furnaces. This acquisition will enhance Saint-Gobain’s digital services by incorporating advanced control systems and simulation software … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, France, Industrial, Investment, Technology
Tagged acquisition, AI, artificial intelligence, CAP RENOV, concrete management system, digital services, Digital Twins, energy consumption, GCP, glass furnaces, Glass Service a.s., Internet of Things, IoT, MaPrimeRénov, Newboot, Nova, Plantformance, reduce carbon footprint, Saint-Gobain, SOLU+, Sysdyne Technologies, VERIFI®
(IN BRIEF) Holzmanufaktur Dittus GmbH, a woodworking company, has found a cost-effective and efficient solution for its CNC machining center, the Rover C6 from Biesse. They have adopted Schmalz’s VCBL-B vacuum blocks as a replacement for the original clamping equipment, … Read the full press release
(IN BRIEF) Basilea Pharmaceutica Ltd (SIX: BSLN), a biopharmaceutical company specializing in severe bacterial and fungal infection treatments, has announced an asset purchase agreement with Spexis AG (SIX: SPEX) for a preclinical antibiotics program aimed at combating Gram-negative bacteria, including … Read the full press release
(IN BRIEF) On January 12, 2024, Outokumpu successfully concluded its share repurchase program, acquiring a total of 144,091 of its own shares from various trading venues at an average price of EUR 4.09 per share, totaling EUR 588,853.23. This buyback … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged acquisition, Financial, investment, Outokumpu, share repurchase program
(IN BRIEF) On January 11, 2024, Outokumpu announced the successful completion of its share repurchase program, buying back a total of 223,307 of its own shares across various trading venues at a weighted average price of EUR 4.04 per share, … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Outokumpu, Share Repurchases
(IN BRIEF) Siemens Digital Industries Software has joined forces with Voltaiq to revolutionize battery manufacturing, addressing the increasing demand for battery-powered products. The collaboration combines Siemens’ Insights Hub™ and Voltaiq’s Enterprise Battery Intelligence™ to offer unmatched capabilities for battery-focused companies. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Battery Industry Advancement, partnership, Raymond Kok, Siemens, sustainability, Tal Sholklapper, USA, Voltaiq
(IN BRIEF) Rheinmetall’s mobile Skyranger 30 air defence system has achieved a significant milestone as it moves closer to series production. The successful testing and live-fire campaign of the Skyranger 30 A1 configuration in December 2023 marked an important step … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Denmark, Germany, Hungary, Rheinmetall, Skyranger 30 Air Defence System, Switzerland
(IN BRIEF) Bouygues Construction’s Swiss subsidiary, Losinger Marazzi, has been awarded four building projects in Switzerland with a combined value of 401 million Swiss francs (€410 million). These projects are dedicated to sustainability and low-carbon solutions, aligning with the country’s … Read the full press release
Posted in Business, Construction, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Switzerland
Tagged Aarerain, Aux Acacias, Bouygues, Building Projects, Losinger Marazzi, partnership, Pascal Bärtschi, Quarz'Up, Seetalplatz Cantonal Administrative Centre, sustainability, Switzerland
(IN BRIEF) Prudential plc has revealed that Prudential Life Assurance (Thailand) Public Company Ltd (PLT) has entered into a decade-long bancassurance partnership with CIMB Thai Bank Public Company Limited (CIMB Thai), establishing PLT as the exclusive life insurance partner for … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged CIMB Thai Bank, Dennis Tan, partnership, Prudential, sustainability, THAILAND
(IN BRIEF) Leadec, a global service specialist for factories throughout their life cycle, is extending its presence to Spain and Portugal, increasing its reach to 16 countries. The expansion allows industrial companies in the Iberian Peninsula to access Leadec’s technical … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Spain
Tagged facility management services, Georgi Tschumburidse, Leadec, Markus Glaser-Gallion, partnership, Paulina Lujan, PORTUGAL, Spain, sustainability
(IN BRIEF) Siemens AG has successfully acquired Heliox, a renowned provider of DC fast charging solutions for eBus, eTruck fleets, and passenger vehicles. The Netherlands-based Heliox, with around 330 employees, brings a range of charging products from 40 kW to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Switzerland, Technology, Transportation & Logistics
Tagged acquisition, DC Fast Charging Solutions, ebus, emobility, eTruck fleets, Heliox, Matthias Rebellius, Netherlands, partnership, passenger vehicles, Siemens, sustainability
(IN BRIEF) The European Commission and the European Investment Fund (EIF) are collaborating to launch a €175 million Defence Equity Facility, aimed at supporting innovation in the defence sector. The EIF will provide equity funding to venture capital and private … Read the full press release
Posted in Aviation & Aerospace, Defence, European Union, Government, Industrial, Investment, Security & Safety, Technology
Tagged aerospace, CASSINI Fund, Defence, Defence Equity Facility, EIF, EU Defence Innovation Scheme, EUDIS, European Defence Fund, InvestEU, Kris Peeters, Roger Havenith, SECURITY, Strategic European Security Initiative, The European Commission, Thierry Breton
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) announced a significant milestone by delivering a record €13.1 billion in investments in 2023, marking a year of achievements and challenges. The bank reported record levels of investments, green financing, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, Turkey, Ukraine, United Kingdom
Tagged Crisis Response, EBRD, green economy, investments, Odile Renaud-Basso, partnership, sustainability, Turkey, UKRAINE
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has introduced its first Guarantee for Growth (G4G) facility, providing Raiffeisen Bank in Kosovo with a guarantee of up to €20 million over three years, linked to the bank’s domestic … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Anita Kovacic, EBRD, Kosovo, MSMEs Financing, partnership, Raiffeisen Bank, Sergiy Maslichenko, sustainability
(IN BRIEF) novobanco has entered into a contract with the European Investment Bank (EIB) for a €150 million guarantee, significantly enhancing its financing capabilities. This guarantee enables novobanco to share 50% of the risk for new loans provided to Portuguese … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Portugal, Small Business
Tagged Andrés Baltar, Birthe Bruhn-Léon, EIB, Gemma Feliciani, Mid-Caps, novobanco, partnership, PORTUGAL, public sector, sustainability
(IN BRIEF) Groupe BPCE and the European Investment Bank (EIB) have collaborated to offer a €300 million package aimed at facilitating the green transition of small and medium-sized enterprises (SMEs) and mid-cap companies. This partnership enables Groupe BPCE to provide … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Investment, Italy, Luxembourg, Management, News, Small Business, Spain
Tagged Ambroise Fayolle, Didier Trupin, EIB, France, green transition, Groupe BPCE, Italy, Mid-Caps, partnership, SMEs, Spain, sustainability
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