(IN BRIEF) AFRY Capital is serving as joint financial advisor to Orora Limited, a prominent Australian manufacturer and distributor of sustainable packaging, in its planned acquisition of Saverglass, a leading global producer and distributor of premium glass bottles headquartered in … Read the full press release
Posted in Business, Environment, Financial, France, Industrial, Investment, Management, News, Sweden, United Kingdom
Tagged acquisition, AFRY, France, Orora, packaging, partnership, Sandra Bowhay, Saverglass, sustainability
(IN BRIEF) Sanofi has entered into an agreement with Janssen Pharmaceuticals, a subsidiary of Johnson & Johnson, to develop and commercialize a vaccine candidate for extraintestinal pathogenic E. coli (ExPEC) that is currently in Phase 3 of clinical trials. ExPEC … Read the full press release
Posted in Business, Financial, France, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science
Tagged E. coli, E.mbrace, ExPEC, Janssen, partnership, Sanofi, SEPSIS, sustainability, Thomas Triomphe, vaccine
(IN BRIEF) Borealis and TotalEnergies are celebrating the successful start-up of their joint venture, Baystar’s new Borstar® polyethylene (PE) unit in Pasadena, Texas. Representing a significant investment of USD 1.4 billion, this state-of-the-art unit, referred to as Bay 3, doubles … Read the full press release
Posted in Austria, Business, Chemicals, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Baystar, Bernard Pinatel, Borealis, Borstar® polyethylene (PE) unit, partnership, Pasadena, petrochemical, polyethylene unit, sustainability, Texas, Thomas Gangl, TotalEnergies
(IN BRIEF) ÖBB Rail Cargo Group (RCG) in partnership with Ukrainian Railways (UZ) has launched the TransFER Vienna-Kyiv route, connecting Ukraine to RCG’s intermodal network, TransNET. The inaugural test train successfully transported non-craneable semi-trailers carrying building materials from Kyiv to … Read the full press release
Posted in Austria, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, Ukraine
Tagged Intermodal Freight Transport, ÖBB Rail Cargo Group, partnership, sustainability, TransFER Route, Transnet, Ukrainian Railways
(IN BRIEF) TotalEnergies and Borealis are celebrating the successful start-up of their joint venture, Baystar’s new Borstar® polyethylene (PE) unit in Bayport, Texas. This unit, with a capacity of 625,000 metric tons per year and an investment of USD 1.4 … Read the full press release
(IN BRIEF) ING has announced the successful progress of its €1.5 billion share buyback program initiated on May 11, 2023. During the week of September 25 to September 29, 2023, the bank repurchased 4,165,025 shares at an average price of … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Financial, ING, investment, Share Buyback Program
(IN BRIEF) Prudence Foundation, the community investment arm of Prudential plc, has introduced a new thematic series called SAFE STEPS Kids Climate Change in collaboration with the International Federation of Red Cross and Red Crescent Societies (IFRC) and Cartoon Network. … Read the full press release
Posted in Business, Education, Entertainment, Environment, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Alexander Matheou, Cartoon Network, Climate Change Program, educate, IFRC, Malaysia, Marc Fancy, Nik Nazmi bin Nik Ahmad (Nik Nazmi), partnership, Prudence Foundation, SAFE STEPS Kids, sustainability, Vikram Sharma
(IN BRIEF) Lloyds Bank has introduced a new digital identity app, “Lloyds Bank Smart ID,” developed in partnership with Yoti, a digital identity verification company. This app offers users a more private, secure, and convenient means of proving their age … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Security & Safety, Technology, United Kingdom
Tagged Digital ID App, Elinor Hull, James Fulker, Lloyds Bank, Lloyds Bank Smart ID, partnership, Robin Tombs, Yoti
(IN BRIEF) Leading global insurer AXA has unveiled its ‘We Care’ program, designed to bolster the well-being of its 110,000 employees in 51 countries. The initiative, a cornerstone of AXA’s strategic plan for 2024-2026, consists of four core pillars, including … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) is providing a loan of €70 million to the Central Bank of Armenia as part of the Armenian Economic Resilience Programme, backed by the European Fund for Sustainable Development Plus (EFSD+). This funding … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Armenia, Central Bank of Armenia, European Investment Bank, Martin Galstyan, Mher Grigoryan, Mid-Caps, partnership, SMEs, sustainability, Teresa Czerwinska, Vasillis Maragos
(IN BRIEF) Finnish plant-based product producer, Oddlygood, has acquired the Nordic brand Planti® in a strategic move to strengthen its position in the plant-based dairy alternative market. The acquisition makes Oddlygood the market leader in plant-based dairy alternative spoonable snacks … Read the full press release
Posted in Business, Financial, Finland, Food & Beverage, Industrial, Investment, Management, News, Sweden
Tagged acquisition, Finland, Kenneth Hamnes, Kimmo Luoma, leadership, Niko Vuorenmaa, Oddlygood, partnership, plant-based, Planti, sustainability, Sweden, Valio
(IN BRIEF) BBVA, with a robust capital position boasting a fully-loaded CET1 ratio of 12.99 percent as of June 2023, has announced its intention to initiate a new share buyback program worth €1 billion. This program is considered an extraordinary … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Spain
Tagged BBVA, Financial, investment, Share Buyback Program, shareholder
(IN BRIEF) SUEZ recycling and recovery UK has acquired DCW (Devon Contract Waste), an independent recycling and waste management company based in the south west of England. This acquisition is part of SUEZ’s strategy to expand its presence in the … Read the full press release
Posted in Business, Environment, Financial, France, Government, Industrial, Investment, Management, News, United Kingdom
Tagged acquisition, DCW, partnership, recycling, Sabrina Soussan, Simon Almond, SUEZ, sustainability, UK, Waste Management Offerings
(IN BRIEF) Hydro is dedicating €3 million to construct a new water treatment plant at its Schwandorf legacy site in Germany. The legacy site, acquired by Hydro in 2002, holds bauxite residue from operations by VAW from the 1930s to … Read the full press release
(IN BRIEF) Automotive suppliers MAHLE and HELLA have agreed to sell their respective 50 percent stake in the joint venture Behr-Hella Thermocontrol (BHTC) to AUO Corporation. The total purchase price for the transaction is based on an enterprise value of … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged acquisition, Arnd Franz, AUO Corporation, Behr-Hella Thermocontrol, Hella, MAHLE, Michel Favre, partnership, Paul Peng, sustainability
(IN BRIEF) Rönesans Group has reaffirmed its status as a leading construction company, securing the 38th spot on ENR’s prestigious 2023 “World’s Top 250 International Contractors” list. This ranking reflects Rönesans’ consistent presence among the top 10 contracting companies in … Read the full press release
Posted in Awards, Business, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Turkey
Tagged Awards, construction, contractors, Erman Ilıcak, Europe, investment, İpek Ilıcak Kayaalp, Rönesans Group
(IN BRIEF) A team of experts from the University of Exeter, including Professors John Heathershaw and David Lewis, and Dr. Catherine Owen, has been nominated for the Economic and Social Research Council’s Celebrating Impact Prize. Their research focused on the … Read the full press release
Posted in Awards, Business, Economy, Education, Financial, Government, Investment, Law, Management, News, United Kingdom
Tagged Award, awareness, Dame Margaret Hodge MP, David Lewis, Dr Tena Prelec, Dr. Catherine Owen, Impact Prize, James Nixey, Kleptocracy, laundering, Professor Ricardo Soares de Oliveira, Professors John Heathershaw, Tom Mayne, University of Exeter Team
(IN BRIEF) Intesa Sanpaolo, a leading Italian and European bank, has selected iGenius, a company specializing in generative AI technology for business intelligence (BI), to implement its BI solutions. iGenius offers a platform called Crystal that simplifies data access using … Read the full press release
Posted in Banks, Business, Environment, Financial, Industrial, Investment, Italy, Management, News, Technology
Tagged Business Intelligence Solutions, Crystal, GPT technology, iGenius, Intesa Sanpaolo, Marco Ditta, partnership, sustainability, Uljan Sharka
(IN BRIEF) TotalEnergies has inked a 15-year Renewable Power Purchase Agreement (PPA) with Saint-Gobain, marking the second long-term solar power supply agreement aimed at decarbonizing the building materials company’s 125 industrial sites in North America. TotalEnergies will provide clean energy … Read the full press release
(IN BRIEF) Aviva and mixed-use developer Socius have been selected as the preferred bidders for the advancement of the London Cancer Hub (LCH), a world-leading district dedicated to cancer research and treatment in Sutton, London. The partnership will collaborate with … Read the full press release
Posted in Business, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Insurance, Investment, Management, News, United Kingdom
Tagged Aviva, Barry Jessup, bidders, Charlotte Jones, Cllr Ruth Dombey OBE, Dame Cally Palmer, Epsom & St Helier University Hospitals NHS Trust, Gillian Norton, Institute for Cancer Research, London Borough of Sutton, London Cancer Hub Development, partnership, Professor Paul Workman, Royal Marsden NHS Foundation Trust, Socius, sustainability
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