(IN BRIEF) Alstom has announced a significant contract with Proxima, marking the first independent entry into France’s high-speed rail market. The agreement involves the supply of 12 Avelia Horizon very high-speed trains and includes 15 years of maintenance services to … Read the full press release
(IN BRIEF) Arriva has been awarded two pioneering 12-year contracts by the Budapest Transport Centre (BKK), making it the first operator of an electric bus fleet in Hungary’s capital. Set to launch by the end of 2025, the fleet will … Read the full press release
(IN BRIEF) The University of Warwick’s WMG has launched the Safety Pool™ Studio, an innovative online platform designed to enable public participation in shaping the safety of Automated Vehicles (AVs). This first-of-its-kind platform allows users to create driving scenarios based … Read the full press release
Posted in Business, Education, Environment, Financial, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics, United Kingdom
Tagged Automated Vehicle, Lilian Greenwood MP, Professor Siddartha Khastgir, public, safety, Safety Pool™ Studio, University of Warwick, WMG
(IN BRIEF) Standard Chartered has officially launched its Sustainable Finance variants of Borrowing Base Trade Loans (BBTL), enhancing its suite of Sustainable Trade Finance solutions to support the decarbonization of the commodities sector. This innovative financing option will be accessible … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, International Trade, Investment, Management, News, Technology, United Kingdom
Tagged Borrowing Base Trade Loans (BBTL), Finance Options, Hong Kong, partnership, Singapore, Sofia Hammoucha, South Africa, Standard Chartered, sustainability, the UK, UAE, United States
(IN BRIEF) The European Investment Bank (EIB) has granted a €150 million loan to Pekao Leasing to bolster financing for small and medium-sized enterprises (SMEs) in Poland, with a focus on less-developed regions and a minimum of 20% allocated to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Small Business
Tagged Bank Pekao, Bartosz Grześkowiak, EIB, financing, Maciej Kijo, partnership, Pekao Leasing, Poland, PZU Group, Robert Sochacki, SMEs, sustainability, Teresa Czerwinska
(IN BRIEF) Wood has entered a partnership with Brazilian national oil company Petrobras to develop innovative concept studies for future Floating Production Storage and Offloading (FPSO) units. The collaboration aims to optimize performance and reduce emissions over the next decade. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, United Kingdom
Tagged Brazil, Floating Production Storage and Offloading (FPSO) Design, John Day, partnership, Petrobras, safety, sustainability, Wood
(IN BRIEF) Stagecoach has been chosen by Transport for London to supply zero-emission buses for a new cycle shuttle service associated with the Silvertown Tunnel, which is under construction beneath the Thames and set to open in 2025. The 1.4-kilometer … Read the full press release
(IN BRIEF) An international team of researchers has made a significant breakthrough in Alzheimer’s drug development with the introduction of RI-AG03, a novel peptide inhibitor that targets and inhibits two key aggregation-promoting hotspots of the Tau protein, which is critical … Read the full press release
Posted in Business, Education, Financial, Healthcare, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged Alzheimer's Treatments, dementia, Dr Richard Oakley, Dr. Anthony Aggidis, Peptide Inhibitor, Professor Amritpal Mudher, RI-AG03, Tau Protein, University of Southampton
(IN BRIEF) RWE has officially unveiled the first turbine blade for the Sofia Offshore Wind Farm, produced at Siemens Gamesa’s Hull facility. This significant milestone in the construction of the flagship renewable energy project was celebrated at a ceremony attended … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Darren Davidson, Germany, Melanie Onn, partnership, RWE, Siemens Gamesa Hull Factory, Sofia Offshore Wind Farm, sustainability, Tom Glover, Turbine Blade, UK
(IN BRIEF) The University of Twente has announced the introduction of a bilingual Bachelor’s Degree in Psychology for the 2025-2026 academic year, becoming the first program of its kind at the university. This initiative, approved by the University Council, will … Read the full press release
Posted in Business, Education, Financial, Industrial, Investment, Management, Netherlands, News, Science
Tagged Bilingual Bachelor’s Degree, Christina Bode, Psychology, University of Twente
(IN BRIEF) On October 3, 2024, the European Investment Bank (EIB) Group and the European Defence Agency (EDA) strengthened their partnership with an updated Memorandum of Understanding (MoU) to enhance security and defence financing across Europe. The revised agreement allows … Read the full press release
Posted in Banks, Business, Defence, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Security & Safety
Tagged Defence, EIB Group, EIF, European Defence Agency (EDA), financing, Jiří Šedivý, Marjut Falkstedt, partnership, Robert de Groot, SECURITY
(IN BRIEF) Millie Daviss, a player for the Norwich City Women’s Football Club, has embarked on a new journey as a lecturer at the University of East Anglia (UEA). Starting her academic career, Millie will teach subjects related to academic … Read the full press release
Posted in Business, Education, Financial, Industrial, Investment, Management, News, Sports, United Kingdom
Tagged Academic Career, football, Millie Daviss, Norwich City Women’s Football, partnership, sports, UEA
(IN BRIEF) Yara International has officially opened its new ammonia import terminal in Brunsbüttel, Germany, strategically located along the North Sea and Kiel Canal. This facility is set to import up to three million tonnes of low-emission ammonia annually, making … Read the full press release
(IN BRIEF) Deutsche Bank has received multiple prestigious awards in the Asia-Pacific region, including Best Corporate Bank and Best FX Bank, reflecting the success of its Global Hausbank strategy. The bank was recognized for its outstanding performance in corporate banking, … Read the full press release
Posted in Awards, Banks, Business, Economy, Financial, Germany, Industrial, Investment, Management, News
Tagged Asia Pacific, Awards, Deutsche Bank, Financial, Global Hausbank Strategy, leadership
(IN BRIEF) Eni S.p.A. has announced the successful completion of its combination with Ithaca Energy plc, consolidating nearly all of Eni’s upstream assets in the UK, excluding those in the East Irish Sea and CCUS activities. This strategic move involves … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, United Kingdom
Tagged Eni, Ithaca Energy, partnership, sustainability, UK
(IN BRIEF) Bentley has officially unveiled the Flying Spur Mulliner at the 2024 Zoute Grand Prix in Belgium, marking its European debut. This luxury four-door Grand Tourer features a powerful 782 PS, 1,000 Nm hybrid powertrain, making it the most … Read the full press release
Posted in Automotive, Belgium, Business, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Technology, Transportation & Logistics, United Kingdom
Tagged Belgium, Bentley, Flying Spur Mulliner, Luxury, performance, Zoute Grand Prix
(IN BRIEF) PATRIZIA has partnered with Singapore’s Far East Organization to spearhead the repositioning of Pinners Hall, a landmark office building in London, into a premier office space. This initiative aligns with PATRIZIA’s “future of the office” strategy and will … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, United Kingdom
Tagged Far East Organization, London, Mahdi Mokrane, partnership, PATRIZIA, Pinners Hall, Repositioning, Singapore, Stiff + Trevillion, sustainability, Wendy Lai
(IN BRIEF) The ZEBRA (Zero wastE Blade ReseArch) project has made significant strides in wind turbine blade recycling by demonstrating a closed-loop system that fully recycles thermoplastic blades. Led by the French Institute for Technological Research, IRT Jules Verne, the … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Arkema, Innovative Closed-Loop System, Jules Verne, Owens Corning, partnership, sustainability, Wind Turbine Blade Recycling, ZEBRA (Zero wastE Blade ReseArch) Project
(IN BRIEF) LANXESS has signed a contract to sell its Urethane Systems business to Japan’s UBE Corporation for an enterprise value of €460 million, with expected proceeds around €500 million. This sale allows LANXESS to exit its last polymer business … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced a €100 million investment in Green Genius, a renewable energy developer, positioning itself as a minority shareholder upon receiving necessary regulatory approvals. This funding will support Green Genius’s … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News, United Kingdom
Tagged EBRD .Investment, Europe, Green Genius, Grzegorz Zieliński, Lithuania, partnership, renewable energy, Ruslan Sklepovič, sustainability, Tomas Kairys
(IN BRIEF) The European Investment Bank (EIB) has released a report titled “Navigating Supply Chain Disruptions: New Insights on the Resilience and Transformation of EU Firms,” in collaboration with the European Commission’s Directorate-General for Internal Market, Industry, Entrepreneurship, and SMEs. … Read the full press release
Posted in Banks, Business, Economy, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged competitiveness, Debora Revoltella, Directorate General for Internal Market, EIB, Entrepreneurship and SMEs (DG GROW), EU Firms, industry, partnership, resilience, Román Arjona, Supply Chain Challenges
(IN BRIEF) The European Investment Bank (EIB) is partnering with the Latvian government and the Latvian State Real Estate Company (SRE) to promote the development of affordable rental housing in Latvia. This initiative will be supported by the EIB’s Advisory … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Latvia, Luxembourg, Management, News, Real Estate
Tagged affordable housing, Arvils Aseradens, EIB, Latvia, partnership, sustainability, Thomas Östros
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested €5 million in Pozavarovalnica Sava (Sava Re), facilitating the first-ever Tier 3 subordinated bond issuance by an insurer in Slovenia and the broader central and southeastern European region. … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Slovenia, United Kingdom
Tagged Alexander Saveliev, EBRD, investment, Marko Jazbec, partnership, Sava Re, Slovenia, sustainability
(IN BRIEF) The Ratcliffe-on-Soar power station, operated by Uniper near Nottingham, officially ceased coal generation on September 30, 2024, marking the end of over 140 years of coal-fired power in the UK. Since its commissioning in 1967, the station has … Read the full press release
(IN BRIEF) Mercedes-Benz’s eActros 600 played a key role in supplying Munich’s Oktoberfest, delivering around 82,000 liters of beer and fresh pretzels. The electric truck, operated by Lettl Transportation GmbH, transported beer for the Hofbräuhaus Brewery using a 27,500-liter tank … Read the full press release
(IN BRIEF) Wolters Kluwer has been awarded an International Business Award for its Beneficial Ownership Platform, designed to help businesses comply with the Corporate Transparency Act’s beneficial ownership information (BOI) reporting requirements. Launched on January 1, 2024, the platform simplifies … Read the full press release
Posted in Awards, Business, Financial, Industrial, Investment, Management, Netherlands, News, Technology
Tagged Awards, Beneficial Ownership, innovative, International Business Award, leadership, Rupak Venugopal, Wolters Kluwer
(IN BRIEF) Covestro AG has signed an Investment Agreement with ADNOC International Germany Holding AG, which supports ADNOC’s public takeover offer for all Covestro shares at €62.00 each, valuing the company at approximately €11.7 billion. The agreement ensures ADNOC’s commitment … Read the full press release
(IN BRIEF) Experian has successfully completed its A$820 million acquisition of illion, a consumer and commercial credit bureau in Australia and New Zealand. This integration will merge illion’s team, data, software, and intellectual property into Experian, creating a unified business … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Ireland, Management, News, Technology
Tagged acquisition, Andrew Black, Australia, Data Solutions, Experian, Illion, John Banfield, Malin Holmberg, New Zealand, partnership
(IN BRIEF) Future Growth Capital (FGC), the private markets investment manager launched by Schroders plc and Phoenix Group, has announced its senior leadership team to support investment opportunities in private markets for UK pension savers. Paul Forshaw has been appointed … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged appointment, Chaipetch (Ped) Phrompechrut, Future Growth Capital, Georg Wunderlin, investments, James Harvey, leadership, Michael Eakins, Mike Chappell, Paul Forshaw, Pension Savers, Schroders, UK
(IN BRIEF) The Vienna Stock Exchange reported a strong performance in the third quarter of 2024, highlighted by exceptionally high trading volumes, record bond listings, and a new peak for the ATX Total Return Index, which reached 8,706.77 points on … Read the full press release
Posted in Austria, Banks, Business, Economy, Financial, Industrial, International Trade, Investment, Management, News
Tagged Christoph Boschan, Financial, investment, Vienna Stock Exchange, Wiener Börse
(IN BRIEF) Kapsch TrafficCom has announced the successful opening of Complete 540 Phase 1, an extension of the Triangle Expressway in North Carolina, which commenced traffic on September 25th. This project enhances regional connectivity and aims to reduce travel times … Read the full press release
(IN BRIEF) Euronext’s ELITE ecosystem has launched its first cohort of five French companies, aimed at supporting their sustainable growth and enhancing their access to capital markets. This marks a significant milestone for ELITE, which now includes over 2,300 companies … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Investment, News, Small Business
Tagged ELITE Ecosystem, Euronext, France, Marta Testi, Professor Véronique Tran, SMEs, sustainability
(IN BRIEF) Euronext has announced the acquisition of the majority of Acupay Group’s business, a leader in financial reporting, corporate actions, cross-border tax relief, and securities processing. Founded in 2005, Acupay offers technology solutions that help cross-border investors avoid double … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged acquisition, Acupay Group, Euronext, partnership, Robert Apfel, Stef Lambersy, Stéphane Boujnah, USA
(IN BRIEF) DNV is collaborating with a consortium of industry partners to tackle the environmental impact of sulphur hexafluoride (SF6) within the UK’s electricity transmission network. This project aims to significantly reduce SF6 emissions and promote the transition to alternatives, … Read the full press release
(IN BRIEF) CACEIS has announced its integration of Nephelai’s machine learning solution into its Middle-office Trade Management services as part of its digital transformation strategy. This technology enhances transaction processing by capturing, verifying, and enriching data while monitoring settlements and … Read the full press release
(IN BRIEF) The ORLEN Group has launched sales of its HVO100 biofuel at two service stations in Germany, with plans to expand further. HVO100, made from vegetable oils and waste products such as used cooking oil, can reduce greenhouse gas … Read the full press release
Posted in Business, Czech Republic, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland
Tagged biofuel, Czech Republic, fuel, Germany, HVO100, ORLEN, partnership, sustainability
(IN BRIEF) SEB’s newly launched AI fund has reported impressive first-year results, outperforming global benchmarks under the management of Alexander Winberg. The fund focuses on investing in companies advancing artificial intelligence, with its performance exceeding both world and benchmark indices. … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AI Fund, AI Infrastructure, Alexander Winberg, SEB, trends
(IN BRIEF) Alfa Laval AB has appointed its Nomination Committee for the 2025 Annual General Meeting (AGM), which includes representatives from major shareholders: Jörn Rausing (Winder Holding), Daniel Kristiansson (Alecta Tjänstepension Ömsesidigt), Lennart Francke (Swedbank Robur Fonder), Anders Oscarsson (AMF-Försäkring … Read the full press release
(IN BRIEF) Indra has deployed the advanced Lanza 3D long-range radar system for the Spanish Air Surveillance Squadron 2 (EVA-2) in Toledo, enhancing Spain’s air defense capabilities. This deployment is the first of five new radar systems designed to detect … Read the full press release
(IN BRIEF) New Holland has introduced the next generation of its T5 Dual Command tractor range, featuring a modern exterior and enhanced functionality aimed at improving productivity and operator comfort. The updated lineup, showcased at the Sommet de l’Élevage fair … Read the full press release
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
