(IN BRIEF) Saab has successfully delivered the fifth and final GlobalEye Airborne Early Warning and Control (AEW&C) aircraft to the United Arab Emirates (UAE), completing the series of deliveries that began in 2020. The advanced multi-domain surveillance system, equipped with … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Carl-Johan Bergholm, GlobalEye Airborne Early Warning and Control (AEW&C) Aircraft, partnership, Saab, sustainability, United Arab Emirates
(IN BRIEF) Saab has successfully delivered five next-generation TAIPAN artillery hunting radar systems to the British Army, replacing the older MAMBA radar. The advanced TAIPAN systems, now operational with the 5th Regiment Royal Artillery, offer improved deployment speed, mobility, and … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology, United Kingdom
Tagged Andy Fraser, Artillery Hunting Technology, British Army, partnership, Saab, sustainability, TAIPAN Radar Systems, UK
(IN BRIEF) Sener held an EDI TalkS session in London on September 9, 2024, focusing on the value of generational and cultural diversity within teams. Led by Moisés Jimenez and Ana Úsar, the session emphasized the importance of cognitive diversity, … Read the full press release
Posted in Art & Culture, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Society, Spain, Technology, United Kingdom
Tagged Ana Úsar, cultural diversity, EDI (Equality Diversity and Inclusion) TalkS, Generational, London, Moisés Jimenez, SENER, Team Performance
(IN BRIEF) GKN Aerospace is expanding its state-of-the-art aero-engine manufacturing facility in Trollhättan, Sweden by 5,000 square meters to meet growing demand in the aerospace industry. The facility will incorporate advanced digital processes, automation, and robotics, boosting production capacity for … Read the full press release
(IN BRIEF) Eviden, part of the Atos Group, has secured a multi-million euro, four-year contract to enhance the Berzelius supercomputer at Linkoping University, Sweden. The upgrade will add 512 PetaFlops of FP8 AI performance through the integration of 16 NVIDIA … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AI, Atos, Berzelius Supercomputer, Dr. Cédric Bourrasset, Eviden, Linkoping University, partnership, Professor Anders Ynnerman, sustainability, Sweden
(IN BRIEF) Rheinmetall Defence UK has signed the Armed Forces Covenant, pledging its support for active service members, veterans, Reservists, and their families. This commitment includes providing paid leave for Reservists, supporting Armed Forces charities, and fostering an inclusive workplace … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, United Kingdom
Tagged Armed Forces Covenant, Lizzie Faithful-Davies, Military Personnel, partnership, Rebecca Richards, Rheinmetall, Rheinmetall Defence UK, sustainability, UK, veterans
(IN BRIEF) SEB is restructuring its organization to align with its long-term strategic goals, effective January 1, 2025. The changes include consolidating wealth and asset management into a single division, creating a new Chief Operating Officer (COO) role, and renaming … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged appointment, INNOVATION, Johan Torgeby, Jonas Ahlström, leadership, SEB, William Paus
(IN BRIEF) Alfa Laval has won a major contract to replace 18 ballast water management systems (BWMS) on vessels owned by a leading European shipowner. The deal highlights growing demand for reliable BWMS replacements due to stricter regulations and the … Read the full press release
(IN BRIEF) Evonik has developed a breakthrough process that allows up to four times more recycled rubber to be used in new tire production. Traditionally, only 5% of recycled rubber could be reused due to the vulcanization process, which makes … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Christian Mani, Evonik, sustainability, tire recycling
(IN BRIEF) Evonik is advancing its green transformation by expanding the use of electrodialysis, a process that converts salts from chemical processes into valuable raw materials like caustic soda and sulfuric acid. This technology aims to reduce energy consumption, raw … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Science, Technology
Tagged caustic soda, Chemical Industry, Electrodialysis, Evonik, salt, sulfuric acid, sustainability
(IN BRIEF) Evonik has developed a groundbreaking model of the skin microbiome that allows for realistic, scientifically validated testing of how cosmetic ingredients impact the skin’s microbial communities. This model recreates the complex interactions between microbes, providing more accurate insights … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Science, Technology
Tagged biotechnology, Cosmetics Testing, Evonik, Skin Microbiome Model, sustainability
(IN BRIEF) Evonik has launched a new innovation strategy aimed at generating €1.5 billion in additional sales by 2032. The strategy focuses on three key areas: bio-based solutions, the energy transition, and the circular economy. These initiatives will help drive … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged bio-based solutions, circular economy, energy transition, Evonik, Harald Schwager, INNOVATION, Ralph Marquardt, sustainability
(IN BRIEF) ING has repurchased 3.28 million shares between September 9 and 13, 2024, as part of its €2.5 billion share buyback programme, at an average price of €16.20 per share, totaling €53.17 million. To date, ING has repurchased 134.31 … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Financial, ING, investment, Shares Buyback Program
(IN BRIEF) Euronext has successfully expanded its clearing operations to all its financial derivatives markets, completing its migration from LCH SA to Euronext Clearing. This achievement marks the final step in Euronext’s integration of the Borsa Italiana Group and supports … Read the full press release
Posted in Business, Education, Financial, Industrial, Investment, Management, Marketing, Netherlands, News
Tagged Clearing Operations, Euronext, European market, leadership
(IN BRIEF) Euronext has acquired Substantive Research, a leading provider of market data and investment research benchmarking services, to strengthen its investor services. Substantive Research, serving over 100 global clients, will be integrated with Euronext’s subsidiary Commcise, offering enhanced market … Read the full press release
Posted in Business, Economy, Financial, Government, Industrial, International Trade, Investment, Management, Marketing, Netherlands, News, Technology, United Kingdom
Tagged acquisition, Camille Beudin, Euronext, London, market data, Mike Carrodus, partnership, Research Benchmarking Services, Substantive Research
(IN BRIEF) Logicor has initiated the redevelopment of a 34,600 m² site in Langenfeld, Germany, transforming an outdated logistics facility into a modern, sustainable corporate property. The new 21,100 m² building will be divided into four units and is designed … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Technology, Transportation & Logistics, United Kingdom
Tagged BREEAM certification, Langenfeld Property, Logicor, partnership, redevelopment, sustainability
(IN BRIEF) The European Union has announced two key investments to support Moldova’s development: a €200 million loan from the European Investment Bank (EIB) for forest expansion and a €12 million EU grant to upgrade the country’s railway infrastructure. The … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Moldova, News
Tagged EIB, EU, forestry, investment, Maia Sandu, MOLDOVA, partnership, railway infrastructure, sustainability, Teresa Czerwinska
(IN BRIEF) Daimler Truck Financial Services (DTFS) has introduced integrated service packages for the Mercedes-Benz eActros 600 at the 2024 IAA in Hanover, aimed at making the switch to electric transport easier for customers. These packages include flexible financing, leasing, … Read the full press release
(IN BRIEF) The Mercedes-Benz eActros 600 has been named “International Truck of the Year 2025” by commercial vehicle journalists from 24 European countries. The electric truck was praised for its advanced aerodynamics, powerful drivetrain, and a range of 500 kilometers … Read the full press release
(IN BRIEF) The Mercedes-Benz eCitaro G has been named “Electric Bus Champion 2024” at IAA Transportation in Hanover after winning a comprehensive comparison test organized by Omnibusspiegel. The articulated bus excelled in categories such as passenger comfort, driver handling, build … Read the full press release
Posted in Awards, Business, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged 'Electric Bus Champion 2024', Awards, Daimler truck, eCitaro G, IAA Transportation 2024, INNOVATION, leadership, Mercedes-Benz, Mirko Sgodda, performance, Till Oberwörder
(IN BRIEF) Bilfinger has been awarded a significant Project Management and Consultancy contract by Egyptian Chemical Industries (KIMA) to manage the construction of a new chemical and fertilizer plant in Aswan, Egypt. The facility will produce 600 tons of nitric … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Bilfinger, Chemical Egyptian Chemical Industries (KIMA), Christian Rugland, construction, EGYPT, Fertilizer Plant, partnership, sustainability
(IN BRIEF) GEA has introduced its CONTA dual block valve technology, designed to improve safety and efficiency in spray drying processes for the food and dairy industries. The new system reduces areas where feed can accumulate by 96%, lowering microbiological … Read the full press release
(IN BRIEF) Deutsche Bahn has awarded Vossloh over €100 million in contracts to improve rail maintenance using advanced rail milling and high-speed grinding technologies. The agreements, covering preventive and corrective maintenance, aim to extend the service life of DB’s tracks … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Deutsche Bahn, Heike Junge-Latz, maintenance, Oliver Schuster, partnership, Rail infrastracture, sustainability, Vossloh
(IN BRIEF) Rolls-Royce is marking significant achievements for its T56 and AE 2100 engines, which have powered military aircraft for decades. The T56 engine, first flown in 1954, has surpassed 220 million flight hours, while the AE 2100 engine has … Read the full press release
(IN BRIEF) At the IAA Transportation 2024, Bosch unveiled its plans to drive the future of commercial vehicles with diverse powertrain technologies and advanced software solutions. By 2035, Bosch expects a significant shift toward battery-electric and hydrogen-powered trucks. The company … Read the full press release
(IN BRIEF) Michelin launched its latest tire ranges, the MICHELIN X® LINE ENERGY™ 3 and MICHELIN X® MULTI ENERGY™ 2, at the IAA Transportation Trade Fair in Hannover. These new tires are designed to maximize fuel savings and lateral grip … Read the full press release
(IN BRIEF) Bentley Motors has commenced production of the fourth-generation Continental GT, with the first model finished in Tourmaline Green to commemorate the 136th birthday of company founder, W.O. Bentley. This model, part of Bentley’s UK Press Fleet, will later … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Investment, Management, Media, News, Technology, United Kingdom
Tagged Andreas Lehe, Bentley, Continental GT, Walter Owen Bentley
(IN BRIEF) On International Identity Day, Thales reaffirmed its commitment to providing secure, trusted legal identities for all, in line with the UN’s Sustainable Development Goal 16.9. With over 850 million people worldwide lacking official identification, Thales is working to … Read the full press release
Posted in Business, Defence, Financial, France, Government, Industrial, Investment, Management, Media, News, Security & Safety, Technology
Tagged biometric, digital identity solutions, International Identity Day, Legal Identities, SECURITY, Thales, Youzec Kurp
(IN BRIEF) Aurubis, a leading multimetal producer, has welcomed 75 new apprentices at its Hamburg plant, filling all available spots across 12 vocations. The company, known for its modern training environment and role in producing metals for electric vehicles and … Read the full press release
Posted in Business, Education, Environment, Financial, Germany, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged apprenticeship, Aurubis, Dr. Toralf Haag, Hamburg, Ksenija Bekeris, partnership, sustainability, training program
(IN BRIEF) During her visit to Eurojust, Slovenian President Nataša Pirc Musar commended the agency’s work in promoting cross-border judicial cooperation and supporting efforts to combat organized crime. Slovenia has participated in over 1,300 cases since 2020, including high-profile collaborations … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Law, Management, Netherlands, News, Security & Safety, Slovenia
Tagged cross-border judicial cooperation, Eurojust, Ladislav Hamran, Nataša Pirc Musar, SECURITY, Slovenia
(IN BRIEF) The European Investment Fund (EIF) has committed €30 million to Wind II, a venture capital fund targeting €130 million. Wind II focuses on early-stage tech startups across Europe developing innovative solutions for essential services and infrastructure industries to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Climate Tech Innovation, EIF, Europe, Marjut Falksteadt, partnership, sustainability, Thierry Vandewalle, Wind II, Xavier Gury
(IN BRIEF) Stark Future, a leading electric motorcycle company in Spain, has obtained a €40 million loan from the European Investment Bank (EIB) to boost its research, development, and production of electric motorbikes. Backed by the EU’s InvestEU program, the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Spain, Technology, Transportation & Logistics
Tagged EIB, electric motorcycle, INNOVATION, partnership, Spain, Stark Future, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Natixis CIB are providing €97 million in financing to Libeccio S.r.l. for a new wind farm in Mazara del Vallo, Sicily. With a capacity of 44.8 MW, the wind farm will provide … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Alessandro Izzo, EIB, investment, Natixis CIB, partnership, renewable energy, Sicily, sustainability, wind farm
(IN BRIEF) Kaunas, Lithuania’s second-largest city, will modernize its district heating system using a €35 million loan from the European Investment Bank (EIB), supported by the European Commission’s InvestEU program. The project, led by utility company Kauno Energija, will upgrade … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Technology
Tagged EIB, heating system, Kaunas, Kauno Energija, Lithuania, partnership, renewable energy, sustainability, Thomas Östros, Tomas Garasimavičius
(IN BRIEF) Digi Communications N.V. announced that its Romanian subsidiary, Digi Romania S.A., has exercised its right to fully redeem €450 million worth of 2.50% Senior Secured Notes due in 2025. The redemption will take place on September 27, 2024, … Read the full press release
Posted in Belgium, Business, Financial, Investment, Italy, Management, Netherlands, News, Portugal, Romania, Spain, Technology, Telecom
Tagged Adjusted EBITDA, Arjun Infrastructure Partners, Autoriteit Financiële Markten, broadband, broadband data services, Bucharest Stock Exchange, Citibank, DIGI COMMUNICATIONS N.V., Digi Portugal, Digi Romania S.A., Digi Spain, Digi Spain Telecom S.L.U., entertainment solutions, fibre optic network, fibre-to-the-home, fixed telecom operator, fixed-line telephony, FTTH, Macquarie Capital, MNO, mobile spectrum, mobile telecom operator, mobile telecommunication, noteholders, pay TV, redemption, senior secured notes, Serghei Bulgac, telecommunication services
(IN BRIEF) At an exclusive event in Boston, Ericsson announced a major collaboration with leading telecom operators, including AT&T, Deutsche Telekom, and Verizon, to launch a global platform for network APIs. This initiative aims to accelerate enterprise digitalization through 5G … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Sweden, Technology, Telecom
Tagged 5G innovation, Åsa Tamsons, AT&T, Boston, Cradlepoint, Deutsche Telekom, Enterprise Digitalization, Ericom, Ericsson, Ericsson Private Networks, Erik Ekudden, Niklas Heuveldop, partnership, sustainability, TELECOM, Verizon, vodafone
(IN BRIEF) The Alaska DMV has awarded Thales a new contract to provide secure, next-generation driver’s licenses and ID cards, featuring cutting-edge security technology. The polycarbonate cards, with laser-engraved translucent windows and biometric verification, are designed to prevent identity fraud … Read the full press release
(IN BRIEF) Dirk Hoke has been appointed as the new CEO of Voith Group, effective by April 1, 2025. Hoke brings 30 years of leadership experience in industries such as aviation, automotive, and technology, including roles at Siemens and Airbus … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Technology
Tagged Andreas Endters, appointment, CEO, Dirk Hoke, Dr. Toralf Haag, leadership, Prof. Dr. Siegfried Russwurm, Voith Group
(IN BRIEF) Heidelberg Materials, through its subsidiary Ciments du Maroc, has acquired controlling stakes in Asment de Témara and 100% of Grabemaro, further strengthening its presence in Morocco’s growing market. The acquisition includes a cement plant, aggregates sites, and ready-mixed … Read the full press release
(IN BRIEF) Six major companies—Borealis, Covestro, Heraeus, Nextrom, Teijin Aramid, and Umicore—have launched the Sustainable Optical Fiber and Cable Industry Alliance (SOFIA) to promote sustainability across the optical fiber and cable sector. SOFIA aims to improve transparency, communication, and standardized … Read the full press release
Posted in Austria, Business, Chemicals, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Borealis, Covestro, Heraeus, Nextrom, partnership, sustainability, Sustainable Optical Fiber and Cable Industry Alliance (SOFIA), Teijin Aramid, Umicore
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
