(IN BRIEF) The European Investment Bank (EIB), managing the EU for Ukraine Fund, held its initial Contributors’ Committee meeting and approved its first project financing of €25 million for Ukraine’s equity growth fund, Horizon Capital Growth Fund IV (HCGF IV), … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged EIB, EU for Ukraine Fund, HCGF IV, Horizon Capital, Lenna Koszarny, partnership, SMEs, sustainability, Teresa Czerwinska, UKRAINE, Ukrainian Tech
(IN BRIEF) Molgas, a prominent player in downstream LNG and Renewable Gas supply and distribution in Western Europe, has announced key leadership changes. Fernando Sarasola, who has served as CEO since 2008, will transition to the role of Executive Chairman … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged appointment, Athanasios Zoulovits, Blue Grid, CEO, Esperanza Sanchez, Executive Chairman, Fernando Sarasola, InfraVia, Javier Romeo Montes, Juan Menchero, leadership, Molgas, Sofoklis Papanikolaou
(IN BRIEF) Rheinmetall, a Düsseldorf-based tech enterprise, has secured a significant order to provide artillery ammunition in support of Ukraine’s defensive efforts. The contract, valued at approximately €142 million, involves the supply of tens of thousands of 155mm artillery shells, … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Ukraine
Tagged artillery ammunition, partnership, Rheinmetall, UKRAINE
(IN BRIEF) Investor AB has announced the appointment of Christian Cederholm as its new President and CEO, effective from the Annual General Meeting on May 7, 2024. Cederholm, who currently serves as the Head of Patricia Industries and has been … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Sweden
Tagged appointment, CEO, Christian Cederholm, Investor AB, Jacob Wallenberg, Johan Forssell, leadership, President
(IN BRIEF) Researchers from ETH Zurich, Empa, and Stanford University have made a remarkable discovery that excited electrons can straighten the crystal lattice of perovskite nanocrystals, increasing their symmetry rather than causing disorder. This unexpected finding could pave the way … Read the full press release
(IN BRIEF) Jamk University of Applied Sciences organized a hackathon in collaboration with Valio Ltd. to address the challenge of seasonal variation in milk production. Swedish Elvenite AB emerged as the winner of ValioHackathon 2023/11/28 by proposing a data-driven solution … Read the full press release
Posted in Business, Commodities, Environment, Financial, Finland, Food & Beverage, Industrial, Investment, Management, Media, News
Tagged Agnes Lindell, Elvenite, Elvenite AB, Hackathon Competition, Hanna Castro, Jamk University, Niclas Lovsjö, partnership, Sanna Nokka, Seasonal Milk Production, sustainability, Ulf Jahnsson, Valio, ValioHackathon
(IN BRIEF) Associated British Ports (ABP) has taken a significant step in its property strategy by acquiring the freehold of a 227.5-acre site known as Stallingborough Interchange. This acquisition underscores ABP’s commitment to expanding its commercial port opportunities, encompassing automotive, … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged ABP, acquisition, Cllr Philip Jackson, Damien Jaines-White, Greg Lacey, Humber ports, partnership, Simon Bird, Stallingborough Interchange, sustainability
(IN BRIEF) Barry Callebaut, a prominent chocolate manufacturer, has celebrated the one-year anniversary of its chocolate and compound factory in Casablanca, Morocco. The factory, established in partnership with Attelli SARL, has become a hub for manufacturing excellence and innovation in … Read the full press release
Posted in Business, Economy, Food & Beverage, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged Amine Mebrouki, Attelli SARL, Barry Callebaut, Casablanca, Chocolate Manufacturing, Maximilian Auer, MOROCCO, Sweet Success, Van Houten Professional (VHP)
(IN BRIEF) Ørsted has commenced construction on two carbon capture facilities at the Asnæs Power Station and Avedøre Power Station in Denmark, marking the country’s inaugural full-scale carbon capture endeavor. This project, backed by a 20-year contract from the Danish … Read the full press release
Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Asnæs Power Station, Avedøre Power Station, Carbon Capture Project, Denmark, Lars Aagaard, Mads Nipper, Martin Damm, Ole Thomsen, partnership, sustainability, Søren Friis Trebbien, Ørsted
(IN BRIEF) Roche, a leading pharmaceutical company, has announced its definitive merger agreement to acquire Carmot Therapeutics, a privately owned US-based company specializing in obesity treatment and related metabolic diseases. The acquisition includes Carmot’s portfolio of clinical stage subcutaneous and … Read the full press release
Posted in Business, Education, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Switzerland, Technology
Tagged acquisition, Carmot Therapeutics, CT-388, Levi Garraway, metabolic disease, Obesity Treatment, Roche, Thomas Schinecker, USA
(IN BRIEF) In a significant environmental initiative, the Philippines’ Department of Environment and Natural Resources has announced its participation in the World Economic Forum’s Blue Carbon Action Partnership during COP28. This partnership aims to accelerate the restoration and conservation of … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, Media, News, Switzerland
Tagged Alfredo Giron, Antonia Loyzaga, coastal ecosystems, COP28, DENR, Global Blue Carbon Conservation Drive, Indonesia, mangroves, partnership, PHILIPPINES, salt marshes, seagrasses, sustainability, World Economic Forum
(IN BRIEF) In a groundbreaking move at COP28, the Nordic Investment Bank (NIB) has introduced a robust climate strategy, pledging to chart a sustainable future. This forward-looking strategy commits NIB to concrete, science-based targets aligned with the Paris Agreement, with … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, Media, News
Tagged Climate Strategy, COP28, Luca de Lorenzo, Nordic Investment Bank (NIB), partnership, sustainability
(IN BRIEF) Thales, the global technology company, has successfully completed the acquisition of Imperva ahead of schedule, marking a significant milestone in the company’s cybersecurity expansion plans. The acquisition positions Thales as a worldwide leader in cybersecurity, with a team … Read the full press release
Posted in Business, Defence, Environment, Financial, France, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged acquisition, Cybersecurity, Imperva, Jesper Trolle, partnership, Patrice Caine, SECURITY, sustainability, Thales
(IN BRIEF) On November 30, 2023, KPN finalized its acquisition of Kabeltex, a company owning fiber networks and functioning as an internet service provider in Texel and the northern region of North Holland. Kabeltex boasts full fiber coverage on Texel … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology, Telecom
Tagged acquisition, fiber network, Kabeltex, KPN, North Holland, partnership, sustainability, Texel
(IN BRIEF) In a significant move during COP28, Vestas and DTEK have signed a Memorandum of Understanding (MOU) to advance the second phase of the Tyligulska wind project in southern Ukraine. This MOU outlines their intention to develop an additional … Read the full press release
(IN BRIEF) International technology group ANDRITZ has successfully initiated operations at a cutting-edge fiberline and lime kiln plant located within Nanning Sun Paper’s pulp and paper mill in Guangxi Province, China. This achievement marks a significant milestone for the project, … Read the full press release
(IN BRIEF) Norwegian aluminum company Hydro has successfully concluded a $1.11 billion transaction involving the sale of a 30% interest in the Brazilian alumina refinery, Hydro Alunorte, as well as Hydro’s 5% stake in bauxite producer Mineracão Rio do Norte … Read the full press release
Posted in Business, Industrial, Investment, Metals and Minerals, Norway
Tagged aluminum smelters, Alunorte, Glencore, Hilde Merete Aasheim, Hydro, LNG, oil
(IN BRIEF) Dutch grid manager TenneT has collected 47 responses from stakeholders regarding its draft investment plans for the period 2024-2033, which were made public on November 1. These investment plans outline the expansion and replacement projects for both onshore … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, Netherlands
Tagged ACM, electricity, gas networks, l grid managers, offshore grid, Tennet
(IN BRIEF) Shell Petroleum Company Limited, through its subsidiary Impello Limited, has successfully finalized the sale of its home energy businesses, Shell Energy Retail Limited (SERL) in the UK and Shell Energy Retail GmbH (SERG) in Germany, to Octopus Energy … Read the full press release
(IN BRIEF) The SDG Loan Fund, managed by Allianz Global Investors and originated and managed by FMO Investment Management, has successfully mobilized over $1.1 billion in private capital to support the United Nations Sustainable Development Goals (SDGs) in emerging and … Read the full press release
Posted in Business, Economy, Environment, Financial, Germany, Industrial, Insurance, Investment, Management, News
Tagged Allianz, Carsten Quitter, Deborah Zurkow, Debra Schwartz, FMO Investment Management (FMO IM), Huib-Jan de Ruijter, John D. and Catherine T. MacArthur Foundation (MacArthur), Lars-Göran Orrevall, Nic Wessemius, partnership, SDG Loan Fund, sustainability, Sustainable Development Goals, United Nations
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