(IN BRIEF) SUEZ has renewed its partnership with the Tour de France Femmes avec Zwift for three more years, extending its services to optimize drinking water distribution and waste management for the 2024 race. SUEZ will connect start and finish … Read the full press release
(IN BRIEF) BAE Systems has named a new shipbuilding hall in Glasgow after Janet Harvey, who worked as an electrician in the River Clyde’s shipyards during World War II. The Janet Harvey Hall honors her and the many women who … Read the full press release
Posted in Business, Defence, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged BAE Systems, Janet Harvey, Jen Blee, June Cofflet, Shipbuilding Hall, WWII Heroine
(IN BRIEF) Romanian and Moldovan authorities, supported by Eurojust and Europol, have dismantled an organized crime group responsible for defrauding over 150 victims through a fake investment scheme since 2022. The scam, which used false advertisements and fake investment platforms, … Read the full press release
Posted in Business, Financial, Government, Industrial, Internet & Online, Investment, Law, Management, Moldova, Netherlands, News, Romania, Security & Safety, Technology
Tagged Eurojust, EUROPOL, financial scam, investment, Moldovan, Romanian
(IN BRIEF) The European Investment Fund (EIF) has made its largest investment yet in Norwegian technology startups by contributing to SINTEF’s seed fund, SINTEF Venture VI, which now manages a capital of half a billion Norwegian kroner. This fund aims … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Norway, Technology
Tagged Anders Lian, Cecilie Myrseth, EIF, investment, Marjut Falkstedt, Norway, partnership, SINTEF, sustainability
(IN BRIEF) Cathay Group’s order for 30 Airbus A330-900 aircraft underscores its commitment to fleet modernization and sustainability. These new aircraft will enhance Cathay’s operational flexibility and fuel efficiency, supporting its regional and long-haul routes while contributing to its net-zero … Read the full press release
(IN BRIEF) African Clean Energy Developments (ACED) has placed a 144 MW order with Vestas for the Khangela Emoyeni wind farm in Western Cape, South Africa. This order includes 32 V163-4.5 MW wind turbines and a 10-year service agreement. It … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged African Clean Energy Developments (ACED), Khangela Emoyeni Wind Farm, Novani Ganess-Johnson, partnership, Sam Cook, South Africa, sustainability, Vestas, wind turbine
(IN BRIEF) Glencore initially proposed the demerger of its coal and carbon steel materials business following positive feedback during its acquisition approach to Teck in early 2023. However, evolving shareholder views on ESG and increased support for Glencore’s climate strategy … Read the full press release
(IN BRIEF) Rolls-Royce has appointed Kimberly C. Hicks as General Counsel for Defence and Rolls-Royce North America. With her extensive experience in the Aerospace & Defence industry and a strong legal background, Kim will lead the global Defence General Counsel … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Government, Industrial, Management, News, United Kingdom
Tagged Adam Riddle, appointment, Defence, General Counsel, Kimberly C. Hicks, leadership, North America, Rolls-Royce
(IN BRIEF) NatWest and the UK Infrastructure Bank have committed significant financial support to Quickline Communications to enhance broadband connectivity in rural areas of Yorkshire and Lincolnshire. This initiative, part of the UK government’s Project Gigabit, aims to provide full-fibre … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged Andrew Blincoe, Ian Brown, Lincolnshire, NatWest, Northern England, partnership, Paul Howard, Quickline, Rural Broadband, Sean Royce, UK Infrastructure Bank, Yorkshire
(IN BRIEF) Deutsche Telekom’s IoT subsidiary has joined the Bridge Alliance, enhancing global IoT connectivity and simplifying international operations for businesses. This partnership, the first of its kind for a European telecommunications company, allows for seamless IoT integration across Europe … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged APAC, Bridge Alliance, Dennis Nikles, Deutsche Telekom, IoT connectivity, partnership
(IN BRIEF) The Supervisory Board’s decisions reflect Siemens’ commitment to accelerating its strategic initiatives and driving significant value creation. With these leadership changes, Siemens is well-positioned to continue its growth trajectory and support its customers’ transformation journeys. For more information, … Read the full press release
Posted in Business, Environment, Germany, Industrial, Investment, Management, News, Technology
Tagged appointment, Cedrik Neike, digital, Jim Hagemann Snabe, leadership, Peter Koerte, Roland Busch, Siemens AG, sustainable, transformation, Veronika Bienert
(IN BRIEF) Siemens has announced major enhancements to its Sinumerik 828D CNC controller at AMB Stuttgart, introducing new processor units and a redesigned MCP. These upgrades aim to increase productivity, sustainability, and efficiency, featuring advanced connectivity, improved cybersecurity, and digital … Read the full press release
(IN BRIEF) SUSS MicroTec SE reported strong financial results for the first half of 2024, with a high order book of €450 million and a significant 45.6% increase in sales to €192.8 million. The Q2 sales reached €99.3 million, driven … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Burkhardt Frick, Dr. Cornelia Ballwiesser, Dr. Thomas Rohe, Financial, investment, SÜSS MicroTec
(IN BRIEF) PVA TePla has partnered with Scientific Visual, acquiring a 25% stake to enhance its silicon carbide quality control capabilities. This collaboration aims to improve the inspection and production yield of silicon carbide crystals, meeting the growing global demand … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News, Switzerland, Technology
Tagged acquisition, Dr. Ivan Orlov, Jalin Ketter, partnership, PVA TePla, quality control, Scientific Visual, silicon carbide crystals, sustainability, Switzerland
(IN BRIEF) Porsche has introduced a new battery storage system at its Leipzig plant, repurposing used Taycan batteries to create a sustainable energy solution. The system, part of Porsche’s “Second Life” initiative, will enhance the plant’s energy efficiency, contribute to … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Albrecht Reimold, Alwin Schmid, battery storage system, innovative, Leipzig Plant, partnership, Porsche, sustainability, Taycan batteries
(IN BRIEF) JOST will present its latest innovations at Lastbil 2024, including the KKS automatic coupling system, King Pin Finder, and intelligent axle systems. These products address critical industry issues like driver shortages and sustainability, showcasing JOST’s commitment to enhancing … Read the full press release
(IN BRIEF) JERA Nex and JERA Americas have entered the US solar market by acquiring two solar projects, totaling 395MW AC, from Lightsource bp. The projects, located in Arkansas and Louisiana, are now operational and will provide renewable energy under … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged acquisitions, Emilie Wangerman, JERA Americas, JERA Nex, John O’Brien, Lightsource BP, partnership, Richard Scott, solar market, sustainability, USA
(IN BRIEF) Logicor has obtained a building permit to redevelop a former department store site in Neuss, Germany, into a modern business park. The 25,740 sqm site will feature 12 adaptable units to attract various businesses, enhancing the area’s economic … Read the full press release
(IN BRIEF) Indra has approved the creation of Space NewCo and signed a contract to acquire Deimos from Elecnor, strengthening its capabilities in the space industry. Space NewCo will integrate Indra’s stake in Startical, enhancing its position in air traffic … Read the full press release
Posted in Aviation & Aerospace, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology
Tagged acquisition, Deimos, Elecnor, Indra, partnership, Space NewCo, Space Strategy
(IN BRIEF) ABL France has relocated to a new office in Paris at 21 Rue de la Fontaine au Roi. The move reflects the company’s growth and its commitment to the renewable energy, oil & gas, and maritime sectors. ABL … Read the full press release
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