(IN BRIEF) Skanska, as part of the Skanska Costain STRABAG joint venture, has been granted an additional GBP 71 million (approximately SEK 940 million) under their existing contract with HS2 Ltd for phase one of the high-speed railway project in … Read the full press release
(IN BRIEF) Outokumpu has successfully completed its share repurchase program, acquiring a total of 157,620 treasury shares across multiple trading venues at an average price of EUR 4.46 per share. The program, announced on November 29, 2023, allowed for the … 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, treasury shares
(IN BRIEF) Outokumpu’s Board of Directors has approved the initiation of the company’s share-based programs, the Performance Share Plan (PSP) and Restricted Share Pool (RSP), for the period spanning from 2024 to 2026. These programs will commence at the beginning … Read the full press release
Posted in Business, Environment, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Outokumpu, performance, sustainability
(IN BRIEF) Nicola Beer has been appointed as the first female Vice-President on the European Investment Bank’s (EIB) Management Committee, representing Germany. With a background in law and politics, Beer brings extensive experience from her roles as a member of … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News
Tagged appointment, EIB, First Female German Vice-President, Germany, ledership, management committee, Nicola Beer, partnership, Werner Hoyer
(IN BRIEF) Sunlight, a prominent battery manufacturer and member of the Olympia Group, has secured a €25 million loan from the European Investment Bank (EIB) to bolster its lithium battery production capacity at its cutting-edge facility in Xanthi, Greece. With … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Greece, Kyriacos Kakouris, Lampros Bisalas, Lithium Battery Production, Olympia Group, partnership, sunlight, sustainability
(IN BRIEF) The European Investment Bank’s (EIB) specialized development finance arm, EIB Global, has entered into a €41.2 million loan agreement with the government of Moldova for the revitalization of the country’s railway infrastructure. Complementing this funding is a €12 … Read the full press release
Posted in Banks, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Moldova, News, Transportation & Logistics
Tagged EIB, EIB Global, Jānis Mažeiks, MOLDOVA, partnership, Petru Rotaru, rail infrastructure, Rehabilitate, sustainability, Teresa Czerwinska
(IN BRIEF) The European Investment Bank (EIB) has outlined its financial plans for 2024, aiming to issue approximately €60 billion in bonds for the year. This issuance target was approved by the EIB Board of Directors in their December meeting, … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, News
Tagged EIB, Financial, investment
(IN BRIEF) The European Investment Bank (EIB) applauds the European Council’s decision to initiate EU accession negotiations with Ukraine and Moldova, while also granting candidate country status to Georgia. EIB President Werner Hoyer emphasizes the positive impact of enlargement on … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, Moldova, News, Ukraine
Tagged EU, European Investment Bank, GEORGIA, MOLDOVA, partnership, sustainability, UKRAINE, Werner Hoyer
(IN BRIEF) Nordic Paper, a prominent specialty paper manufacturer based in Scandinavia, has enlisted AFRY as its engineering and project management collaborator for strategic investment initiatives at its Bäckhammar mill in Sweden. With an investment of approximately MSEK 850, Nordic … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, investment, Lisa Vedin, Nordic Paper, partnership, Scandinavia, sustainability, Sweden
(IN BRIEF) Elkem, a global leader in advanced materials based on silicon, is embarking on a digitalization initiative at its Bremanger plant in Norway. The company aims to improve production quality, safety, and efficiency by centralizing control rooms and production … Read the full press release
(IN BRIEF) Lagardère Travel Retail is set to enhance the food and beverage offerings at Varna and Burgas international airports from 2025 as it takes on the management of the Foodservice Master Concession. This transformation will introduce new concepts from … Read the full press release
Posted in Aviation & Aerospace, Business, Economy, Financial, Food & Beverage, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Retail, Travel
Tagged Burgas Airports, Food and Beverage, Fraport Twin Star Airport Management, Lagardère, Mladen Yordanov, partnership, retail, sustainability, travel, Varna Airports
(IN BRIEF) Accenture has acquired Redkite, a UK-based data consultancy with expertise in data-driven intelligence and AI. The acquisition, aligned with Accenture’s strategic plan, expands the company’s data capabilities and enhances its ability to provide modern data platforms that utilize … Read the full press release
Posted in Business, Investment, Ireland, Technology, United Kingdom
Tagged Accenture, acquisition, AI, data, data consultancy, data-driven intelligence, full stack data expertise, Jon Tippell, Kayur Rughani, Redkite
(IN BRIEF) Heidelberg Materials has secured €191 million in funding from the EU Innovation Fund for its GeZero project, in partnership with the Geseke cement plant in Northern Germany. GeZero aims to establish a comprehensive Carbon Capture and Storage (CCS) … Read the full press release
(IN BRIEF) Digi Communications N.V., a European telecommunications company, announced that its Non-Executive Director, Mr. Bogdan Ciobotaru, has conducted a share transaction. On December 14, 2023, Mr. Ciobotaru sold 30,000 class B shares of the company. This transaction was reported … Read the full press release
Posted in Belgium, Business, Financial, Internet & Online, Investment, Italy, Management, News, Portugal, Romania, Spain, Technology, Telecom
Tagged Autoriteit Financiële Markten, Bogdan Ciobotaru, Class B shares, DIGI COMMUNICATIONS N.V., Non-Executive Director, Romanian Financial Supervisory Authority, share sale, share transaction, stock options
(IN BRIEF) The European Investment Bank (EIB) has signed a €20 million venture debt financing agreement with The Akkermansia Company, a Belgian microbiome health specialist, supported by the European Commission’s InvestEU initiative. The Akkermansia Company, originating as a spin-off from … Read the full press release
Posted in Banks, Belgium, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Pharma & Biotech, Science, Technology
Tagged Akkermansia Company, Belgium, EIB, financing, Kris Peeters, Michael Oredsson, Microbiome Health Research, partnership, sustainability
(IN BRIEF) Novadip, a Belgian biotech company, has secured €18 million in venture debt financing from the European Investment Bank (EIB) with support from the European Union’s InvestEU initiative. The funds will be utilized for clinical trials of NVD-003, an … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and Nordic Investment Bank (NIB) have signed a financing agreement for the Mažeikiai onshore wind farm in Lithuania, developed by Ignitis Group, a leading energy company in the Baltics. Both EIB and NIB … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News
Tagged André Küüsvek, EIB, Ignitis Group, Jonas Rimavičius, Lithuania, Mažeikiai Onshore Wind Farm, NIB, partnership, sustainability, Thomas Östros
(IN BRIEF) The German Bundeswehr has signed a contract with Airbus Helicopters for the acquisition of up to 82 multi-role H145M helicopters, comprising 62 firm orders and 20 options. This order is not only the largest ever for the H145M … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Transportation & Logistics
Tagged acquisition, Airbus, Bruno Even, German Bundeswehr, H145M, helicopters, partnership, sustainability
(IN BRIEF) STMicroelectronics has introduced the VL53L8CX, its latest-generation 8×8 multizone time-of-flight (ToF) ranging sensor, designed for various applications including human-presence sensing, gesture recognition, robotics, and industrial uses. The sensor features a 940nm vertical cavity surface emitting laser (VCSEL), a … Read the full press release
(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, has partnered with ZWILLING, a leading supplier of high-quality kitchen products, and steel trading company STAHL KREBS to reduce the carbon footprint of stainless steel knives. The collaboration involves the … Read the full press release
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