(IN BRIEF) The European Investment Bank (EIB) and HypoVereinsbank, a German affiliate of UniCredit, are providing credit lines totaling over €2 billion to Deutsche Bahn for the procurement of 90 new trains for the Munich S-Bahn. The financing will be … Read the full press release
Posted in Banks, Business, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics, United Kingdom
Tagged Ambroise Fayolle, Christian Reusch, EIB, financing, HypoVereinsbank, Jan Kupfer, Munich S-Bahn, partnership, Siemens Mobility, trains, UNICREDIT
(IN BRIEF) Evonik, a global leader in specialty chemicals, has expanded and commenced production at its rubber silanes plant, Evonik Lanxing (Rizhao) Chemical Industrial Co., Ltd. The state-of-the-art facility, established as a joint venture with DEG and Rizhao Lanxing Chemical … Read the full press release
Posted in Business, Chemicals, Environment, Germany, Industrial, Infrastructure & Utilities, Management, News
Tagged Evonik, Fuliang Xia, Peter Friesenhahn, Rubber Silanes Plant, smart materials, sustainability
(IN BRIEF) Global consulting and engineering company, Wood, has been awarded a multi-year enterprise framework agreement (EFA) to continue providing specialized services to Shell’s worldwide projects. Wood’s expertise in consulting, engineering, procurement, and project management will support Shell’s greenfield and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, Technology, United Kingdom
Tagged Alistair Hope, brownfield projects, carbon capture, Chris Mijatovich, consulting, Craig Shanaghey, decarbonisation, digitalisation, energy security, energy transition, engineering, greenfield projects, hydrogen, low-carbon fuels, Paul Macgregor, procurement, project management, Scott Commons, Shell, Steve Nicol, Wood
(IN BRIEF) Vivendi will sponsor the 80th Venice International Film Festival, and Canal+ original series “D’Argent et de Sang” will premiere at the event. Vivendi and Canal+ Group will partner with Screens of Tomorrow to promote inclusive and sustainable storytelling. … Read the full press release
Posted in Art & Culture, Business, Entertainment, France, Industrial, Management, Media, News
Tagged Arnaud de Puyfontaine, Canal+, D'Argent et de Sang, Maxime Saada, Niels Schneider, Original Series, partnership, Ramzy Bedia, Venice International Film Festival, Vincent Lindon, Vivendi, Xavier Giannoli, Yannick Bolloré
(IN BRIEF) Wacker Chemie AG has completed the expansion of its hyperpure hydrogen chloride production at its Burghausen site in Germany. The facility’s commissioning in mid-July has significantly increased overall production, meeting the growing demand from the semiconductor industry. Ultrapure … Read the full press release
(IN BRIEF) Savills, acting on behalf of MVJ Capital, has successfully sold the In ‘N’ Out Centres, Drive Thru MOT, and Servicing Centre in Cardiff to a private property company for £1.35 million. The property, spanning 3,682 sq ft, features … Read the full press release
Posted in Automotive, Business, Industrial, Infrastructure & Utilities, Management, News, Real Estate, United Kingdom
Tagged Cardiff, In 'N' Out Centres, Matthew Pearcey, MVJ Capital, Ross Griffin, Savills
(IN BRIEF) Navantia Seanergies and SeAH have signed a collaboration agreement to develop offshore wind energy in Asian countries, with a focus on South Korea and the American west coast. South Korea has set a target of 12 GW of … Read the full press release
Posted in Business, Energy, Gas & Oil, Government, Industrial, Infrastructure & Utilities, Management, Metals and Minerals, News, Spain
Tagged Abel Méndez, ASIA, Australia, Javier Herrador, Juan Kim, Kwonhan Lee, Navantia Seanergies, Offshore wind, partnership, SeAH, South Korea, sustainability, United States
(IN BRIEF) Saint-Gobain has finalized the sale of its US CertainTeed Fence, Railing, and Decking Business (FRD) to Oldcastle APG, a CRH Company. The FRD business had sales of approximately €60 million in 2022 and operated from two industrial locations … Read the full press release
Posted in Business, Construction, Financial, France, Investment, Management, News
Tagged and Decking (FRD) Business, CRH Company, Oldcastle APG, Railing, Saint-Gobain, US CertainTeed Fence
(IN BRIEF) Schneider Electric has launched a Managed Security Services (MSS) offering to assist customers in operational technology (OT) environments in dealing with the growing cyber risk related to remote access and connectivity technologies. The MSS solution, powered by Schneider … Read the full press release
(IN BRIEF) Rheinmetall AG has completed its acquisition of Expal Systems S.A.U., a renowned ammunition and armament manufacturer, for about €1.2 billion. The takeover enhances Rheinmetall’s position as a key supplier for NATO armed forces, expanding its ammunition production capacity … Read the full press release
Posted in Business, Defence, Germany, Government, Industrial, Management, News, Security & Safety
Tagged acquisition, Ammunition, Expal Systems, NATO armed forces, partnership, Rheinmetall
(IN BRIEF) Alzheimer’s Research UK has provided £370k in grants to three researchers at the University of Exeter to support projects focused on finding new treatments, early diagnosis methods, and understanding the causes of Alzheimer’s disease. One of the projects … Read the full press release
Posted in Business, Education, Financial, Healthcare, Investment, Management, News, Science, United Kingdom
Tagged Alzheimer disease, Alzheimer’s Research UK, APOE gene, APOE4, Chris Hemsworth, dementia, Dr Emma Dempster, Dr Sara Imarisio, epigenetics, Luke Weymouth, Professor Katie Lunnon, University of Exeter
(IN BRIEF) Martijn Snoep, the Chair of the Board of the Authority for Consumers and Markets (ACM) and former lawyer at De Brauw Blackstone Westbroek, has been appointed to the Supervisory Board of the Van Gogh Museum. The museum is … Read the full press release
(IN BRIEF) BILD TV, in cooperation with Dyn, will start showing one selected top match of the Handball Bundesliga live on free TV on every matchday from August 27, 2023. The kickoff will be the match between THW Kiel and … Read the full press release
Posted in Business, Entertainment, Germany, Industrial, Management, Media, News, Sports
Tagged Air Live, Axel Springer, BILD TV, Carli Underberg, Dyn, Handball Bundesliga Matches, partnership, sport, Valentina Maceri
(IN BRIEF) ING has announced that it repurchased 1,588,973 shares during the week of 24 July 2023, as part of its €1.5 billion share buyback program launched on 11 May 2023. The shares were repurchased at an average price of … Read the full press release
Posted in Banks, Financial, Industrial, Investment, Management, Netherlands, News
Tagged buyback program, Financial, ING
(IN BRIEF) The KfW ifo Credit Constraint Indicator for Germany shows that financial institutions responded more cautiously to loan applications from corporate customers in the second quarter after easing credit access in the first quarter. Among SMEs, 25.6% experienced restrictive … Read the full press release
Posted in Banks, Business, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Small Business
Tagged Cautious, Corporate customers, Dr Fritzi Köhler-Geib, KfW, KfW ifo Indicator, Loan Negotiations, SMEs
(IN BRIEF) Bosch is expanding its semiconductor business to meet the increasing global demand for chips and sensors in the automotive and consumer goods industries. The company has opened a new test center for chips and sensors in Penang, Malaysia, … Read the full press release
Posted in Business, Germany, Industrial, Infrastructure & Utilities, Management, News, Technology
Tagged automotive, Bosch, chips, consumer goods, Dr. Markus Heyn, Dr. Stefan Hartung, Malaysia, Penang, semiconductor, Sensors, Test Center
(IN BRIEF) Vodafone Business and Nokia have developed a new cloud-based converged charging system, Nokia’s Converged Charging (NCC) software, to enable easy adoption of future 5G services for customers and strategic partners. The platform allows pricing and packaging of new … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Technology, Telecom
Tagged 5G Service, Alberto Ripepi, Converged Charging (NCC) System, Hamdy Farid, Nokia, partnership, vodafone
(IN BRIEF) BASF, a leading chemical company, plans to increase the production capacity of its medium-molecular weight polyisobutenes (OPPANOL® B) at its Ludwigshafen site in Germany by 25%. The decision comes in response to the growing global demand for high-quality … Read the full press release
Posted in Business, Chemicals, Environment, Germany, Industrial, Management, News
Tagged B Polyisobutenes, BASF, Dr. Tanja Rost, INNOVATION, Lena Adam, OPPANOL®, sustainability
(IN BRIEF) Offshore wind company Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, has partnered with Energia Group to co-develop offshore wind projects in Ireland. The partnership aims to deliver a total capacity of up to 1.8 GW by … Read the full press release
(IN BRIEF) Business confidence in the UK fell by six points to 31% in July, mainly due to lower economic optimism, reaching a five-month low. Rising interest rates have become a major concern for businesses, and the retail sector showed … Read the full press release
Posted in Banks, Business, Economy, Financial, Management, News, United Kingdom
Tagged Business, economic uncertainty, Hann-Ju Ho, Lloyds Bank, Paul Gordon, Rising Interest Rate, UK
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