(IN BRIEF) The University of Crete is set to undergo a significant expansion and upgrade of its student housing and academic facilities through a €95 million financing deal from the European Investment Bank (EIB), under a pioneering Public-Private Partnership with … Read the full press release
Posted in Banks, Business, Construction, Economy, Education, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged 000 square meters, 109, 2, 833 rooms, 846 beds, academic facilities, affordable student housing, AKTOR Group, amphitheatre, climate adaptation, economic growth, EIB, energy efficiency, European Investment Bank, Greece, green campus, Heraklion, InvestEU, InvestEU advisory, NZEB, partnership, PIRAEUS BANK, PPP, Public Private Partnership, Rethymno, Sofia Zacharaki, student accommodation, sustainable infrastructure, Talaia Estia SA, Theodore Tzouros, University of Crete, Yannis Tsakiris, £4, €190 million, €95 million
(IN BRIEF) Ukraine is set to upgrade its border rail infrastructure with neighboring EU countries, boosting both freight and passenger transport while reinforcing its role as a transport hub. This project includes comprehensive improvements such as track repairs, relocation of … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Ukraine
Tagged border upgrades, cross-border connectivity, EIB, EU, EU Connecting Europe Facility, EU-Ukraine Solidarity Lanes, European Commissioner for Enlargement, European Investment Bank, freight operations, gantry cranes, intermodal terminal, Marta Kos, Oleksii Kuleba, partnership, passenger transport, railway infrastructure, sustainability, Teresa Czerwinska, track repairs, UKRAINE, Ukraine Facility, Ukrainian Railways, Ukrzaliznytsia, wagon inspections
(IN BRIEF) NORD/LB and the EIB have launched a significant financing partnership to boost the transition to clean energy within the European Union. The collaboration will fund new small and medium-sized renewable energy projects, with targeted investments in photovoltaic systems, … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged battery storage, Bernhard Kluttig, clean energy, clean tech, economic growth, EIB, energy security, energy transition, European Investment Bank, European Union, Federal Ministry for Economic Affairs and Climate Action, France, Germany, Hannover Messe, Jörg Frischholz, Nicola Beer, NORD/LB, onshore wind, partnership, Photovoltaic Systems, renewable energy projects, small and medium-sized enterprises, sustainability
(IN BRIEF) IKEA is planning a groundbreaking two-kilometer-long linear store to replace its signature maze-like layout, prompted by customer complaints about getting lost and over-reliance on GPS navigation. Led by Tolga Öncü, Ingka Retail Manager, the single-floor design allows shoppers … Read the full press release
Posted in Business, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Retail
Tagged customer complaints, fast lane, food court, giant meatball, global success, GPS navigation, IKEA, Ingka Group, Ingka Retail Manager, innovative layouts, labyrinthine layout, linear store, security incident, shopper psychology, showrooms, single floor, Swedish retailer, Tolga Öncu, toy snakes, travelator, two kilometers, warehouse, windowless
(IN BRIEF) SpotDraft, an AI-driven contract lifecycle management (CLM) platform for in-house legal teams, raised $54 million in Series B funding led by Vertex Growth Singapore and Trident Growth Partners, with prior investors Prosus Ventures, Xeed VC, and Arkam Ventures … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Government, Industrial, Investment, Management, Netherlands, News, Technology
Tagged $26 million, $54 million, AI-Driven, Akshay Verma, Arkam Ventures, Avendus, Bengaluru, Carnegie Mellon, ClickThrough, CLM, Coinbase, contract lifecycle management, Crunchbase, enterprise legal teams, Google, Harvard Law School, James Lee, Jonathan Franz, Legal tech, Madhav Bhagat, March 2023, Meta, mid-market, New York, partnership, Prosus Ventures, revenue growth, Rohith Salim, Series A, Series B, Shashank Bijapur, SpotDraft, Trident Growth Partners, VerifAI, Vertex Growth Singapore, Xeed VC
(IN BRIEF) The Mercedes-Benz Commercial Vehicle Center Berlin-Brandenburg, under René Rudelt’s leadership, handed over two Mercedes-Benz Arocs trucks to Michaela Kuban of Autobahn GmbH, part of a 51 three-axle truck delivery to German highway maintenance offices, with 58 four-axle trucks … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged 109 trucks, assistance systems, Autobahn GmbH, Berlin-Brandenburg, Commercial Vehicles, efficiency, fleet management, four-axle trucks, HAD, highway maintenance, Hydraulic Auxiliary Drive, Mercedes-Benz Arocs, Mercedes-Benz Commercial Vehicle Center, Michaela Kuban, partnership, Paul Nutzfahrzeuge GmbH, René Rudelt, roll-off concept, safety, tailored solutions, tender, three-axle trucks, winter service bodies
(IN BRIEF) CECONOMY AG, the parent of MediaMarktSaturn, has secured a new €900 million ESG-linked revolving credit facility, replacing earlier unused credit lines that acted solely as a liquidity reserve. This three-year facility, extendable by two additional years, ties its … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Retail, Technology
Tagged CECONOMY AG, CFO, corporate bond, Dr. Kai-Ulrich Deissner, ESG-linked, extension options, Financial Flexibility, financial policy, Greenhouse Gas Intensity, July 2024, liquidity reserve, long-term financing, MediaMarktSaturn, refurbished products, revolving credit facility, scope 3.11, sustainability, sustainable growth, syndicated loan, three-year term, women in management, €500 million, €900 million
(IN BRIEF) Kapsch TrafficCom and Trafikverket have advanced the ÖTS3 project, replacing the ÖTS2 system with the innovative EcoTrafiX™ solution to manage approximately 360 traffic signals across Sweden. Key milestones include the successful Factory Acceptance Test (FAT), which tested system … Read the full press release
Posted in Austria, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged EcoTrafiX, efficiency, Factory Acceptance Test, fat, INNOVATION, installation, Kapsch TrafficCom, maintenance, National Transport Support System, Nordic standards, ÖTS3, partnership, project management, reliability, SAT, Site Acceptance Test, Sweden, Swedish Transport Administration, traffic infrastructure, traffic signal management, Trafikverket
(IN BRIEF) The OECD Corporate Governance Committee, with Carlos San Basilio, CNMV Chairman, newly appointed to its Bureau, is dedicated to improving economic efficiency, sustainability, and financial stability through enhanced corporate governance policies and practices. It coordinates the Organisation’s efforts … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Spain, Technology
Tagged appointment, ASIA, Carlos San Basilio, CNMV, corporate governance, economic efficiency, finance, Financial Stability, Financial Stability Board, FSB, G20/OECD Principles, IMF, International Monetary Fund, Latin America, leadership, Middle East, North Africa, OECD Corporate Governance Committee, OECD members, Regional Roundtables, sustainable growth, World Bank
(IN BRIEF) Swedbank has officially named Olof Sundblad as the permanent Head of Baltic Banking, elevating him from his acting role since October 2024. In this new capacity, he will remain a member of the Group Executive Committee. Sundblad’s appointment … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged acting Head, appointment, Baltic Banking, CFO, customer benefit, Estonia, financial industry, Group Executive Committee, growing economies, Jens Henriksson, Latvia, leadership, Lithuania, Olof Sundblad, Operating profit, permanent appointment, press release, Stockholm School of Economics, Swedbank
(IN BRIEF) In 2023, a historic initiative saw all 27 EU countries, along with Iceland and Norway, collecting and reporting both sales and usage data on veterinary antimicrobials for the first time. The resulting ESUAvet report details that 98% of … Read the full press release
Posted in Business, European Union, Financial, Government, Healthcare, Iceland, Industrial, Investment, Management, Netherlands, News, Norway, Science, Technology
Tagged 2023, AMEG, Animal Health, antimicrobial resistance, antimicrobials, ASU Platform, breeders, Category B, Category C, Category D, Cattle, chickens, EMA, ESUAvet, ESVAC, EU27, European Union, farmers, feed mills, food-producing animals, Iceland, Norway, penicillins, pharmacies, pigs, public health, retailers, sales data, sulfonamides, tetracyclines, turkeys, usage data, veterinarians, veterinary medicine
(IN BRIEF) Rheinmetall and Lockheed Martin recently hosted an international summit in Europe as part of their Global Mobile Artillery Rocket System (GMARS) program. The event, attended by military leaders, industry experts, and defense professionals from 14 nations, focused on … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged 14 nations, defense summit, Dr Björn Bernhard, Europe, factory tour, Global Mobile Artillery Rocket System, GMARS, HIMARS, HX3 vehicle, international customers, interoperability, live firing event, Lockheed Martin, LTG (R) Ben Hodges, M270, mobility, NATO systems, partnership, Paula Hartley, precision-guided munitions, Rheinmetall, SUMMIT, survivability, US Army Europe, Versatility
(IN BRIEF) Anette Weber is being put forward for election to the Emmi AG Board of Directors during the General Meeting scheduled for 10 April 2025. With a distinguished career in finance, she has served as CFO at the Bucherer … Read the full press release
Posted in Business, Financial, Food & Beverage, Industrial, Investment, Management, News, Switzerland, Technology
Tagged Anette Weber, appointment, Audit Committee, Board of Directors, Bucherer Group, election, Emmi AG, executive leadership, financial expertise, General Meeting, GN Store Nord S/A, international management, leadership, NEW WORK SE, Novartis Group, Supervisory Board, University of St. Gallen, Urs Riedener
(IN BRIEF) Saab has launched serial production of its advanced passive electronic warfare sensor, Sirius Compact, at a new facility in Tampere, Finland. The opening, attended by Finland’s Minister of Finance and Deputy Prime Minister Riikka Purra and Tampere’s Mayor … Read the full press release
Posted in Business, Defence, Financial, Finland, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged C-ESM, electronic warfare, export growth, Finland, Kalervo Kummola, Kristian Tornivaara, modular sensor, partnership, passive electronic warfare sensor, production facility, R-ESM, Riikka Purra, Saab, Saab Finland, scalable sensor, serial production, Sirius Compact, situational awareness, Tampere
(IN BRIEF) Saab has signed a framework agreement with the Latvian Ministry of Defence for its RBS 70 NG short-range ground-based air defence system, receiving an order valued at SEK 2.1 billion. The order includes firing units, missiles, and trainer … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, Government, Industrial, Investment, Latvia, Management, News, Security & Safety, Sweden, Technology
Tagged Aerial Threats, aircraft, automatic target tracker, built-in night sight, Drones, Dynamics, firing units, Görgen Johansson, Latvian Ministry of Defence, Latvian National Armed Forces, missiles, partnership, RBS 70 NG, Saab, short-range ground-based air defence, trainer units
(IN BRIEF) Dr. Urs Leemann will assume the role of Deputy Director at Empa on 1 April 2025, taking over from Peter Richner. With a long-standing tenure on the Directorate since 2012 and experience in both corporate and start-up environments, … Read the full press release
Posted in Business, Industrial, Management, News, Science, Switzerland, Technology
Tagged appointment, Cleantech Hub Dietikon Limmattal, corporate services, Deputy Director, Directorate, Dr. Urs Leemann, Empa, executive leadership, INNOVATION, leadership, Lorenz Herrmann, Peter Richner, Raiffeisen, research collaboration, strategic expertise, Tanja Zimmermann
(IN BRIEF) Hempel A/S has launched its first podcast, Beyond the Horizon, to address the importance of diversity in the maritime industry. The inaugural season focuses on the challenges and opportunities of creating more inclusive workplaces both at sea and … Read the full press release
Posted in Business, Chemicals, Denmark, Financial, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Alexander Enström, Beyond the Horizon, Cargill Ocean Transportation, Copenhagen Business School, diversity, equity, Global Maritime Forum, Hafnia, Hempel, Inclusion, industry resilience, maritime industry, podcast, sustainability
(IN BRIEF) Marella Cruises is entering the newbuild market for the first time by partnering with Fincantieri to design and construct two new cruise ships, specifically targeting the English market with an emphasis on sustainability. The Memorandum of Agreement, signed … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Italy, Management, News, Technology, Transportation & Logistics
Tagged cruise ships, English market, environmental sustainability, Fincantieri, innovative design, Marella Cruises, newbuild, partnership, Pierroberto Folgiero, premium cruising, strategic partnership, sustainable ship construction, TUI AG
(IN BRIEF) Burberry has announced a new multi-year partnership with the Victoria and Albert Museum to transform its Fashion Gallery in South Kensington, rebranding it as The Burberry Gallery upon its reopening in spring 2027. This redevelopment will convert the … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Retail, United Kingdom
Tagged British Heritage, Burberry, creative excellence, fashion education, Fashion Gallery, Immersive Experience, INNOVATION, interactive space, Joshua Schulman, multi-year partnership, partnership, redevelopment, runway shows, South Kensington, The Burberry Gallery, Tristram Hunt, VA, Victoria and Albert Museum
(IN BRIEF) Researchers have developed an AI algorithm that predicts a heart’s “biological” age using standard 12-lead ECG data. Presented at EHRA 2025, the study found that a biological heart age that is seven years older than the actual age … Read the full press release
Posted in Artificial Intelligence (AI), Austria, Business, Financial, France, Government, Healthcare, Industrial, Investment, Management, Media, News, Science, Technology
Tagged 12-lead ECG, AI algorithm, Associate Professor Yong-Soo Baek, Cardiovascular risk, chronological age, deep learning, Early Detection, EHRA 2025, ejection fraction, electrical remodelling, European Society of Cardiology, heart biological age, MACE, major adverse cardiovascular events, mortality risk, neural network, preventive strategies, QRS duration, QT interval
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