(IN BRIEF) The world’s oldest Bentley T-Series, first produced in 1965, has been meticulously restored and returned to Bentley’s Heritage Collection. The car underwent an 18-month restoration process after being discovered in storage in poor condition. Bentley specialists, P&A Wood, … Read the full press release
(IN BRIEF) Takazuri and BASF have partnered to deliver sustainable construction solutions in Eastern Africa with a focus on climate resilience. Takazuri’s Climatile™ roofing and cladding system, made from locally sourced post-consumer recycled materials, offers improved insulation, solar reflectance, and … Read the full press release
Posted in Business, Chemicals, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged BASF, Climate-Resilient, construction, Eastern Africa, partnership, sustainability, Takazuri, Takazuri’s Climatile™, UK
(IN BRIEF) Deutsche Telekom has expanded its cyber defense with the opening of its Master Security Operations Center (SOC) in Bonn, part of a global network to combat increasingly AI-driven cyberattacks. The center processes billions of security data points daily … Read the full press release
Posted in Artificial Intelligence (AI), Business, Defence, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Technology, Telecom
Tagged AI-powered, Bonn, Cyber Defense, cyberattacks, Deutsche Telekom, Master Security Operations Center (SOC), security operations center, Thomas Tschersich
(IN BRIEF) The Australian Defence Force (ADF) has renewed its agreement with Bohemia Interactive Australia (BIA) for the twelfth year, continuing its use of VBS3 game-based simulation software for training purposes. This software allows ADF personnel to engage in virtual … Read the full press release
(IN BRIEF) Siemens Mobility is investing $60 million to build North America’s first high-speed rail manufacturing facility in Horseheads, New York. The nearly 300,000 sq. ft. plant will create 300 jobs and produce the American Pioneer 220 trainsets for the … Read the full press release
(IN BRIEF) Siemens has partnered with DMG MORI and Renishaw to enhance its Siemens Xcelerator platform, offering new scalable solutions for machine tools. Renishaw’s tool condition monitoring system, combined with Siemens software, automates tool wear detection and improves manufacturing traceability. … Read the full press release
Posted in Automotive, Aviation & Aerospace, Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged digital transformation, DMG MORI, partnership, RENISHAW, Scalable Machine Tool Solutions, Siemens, sustainability, UK
(IN BRIEF) Shell plc has announced the euro and pounds sterling equivalent dividend payments for its second quarter 2024 interim dividend of $0.344 per ordinary share. Shareholders who opted for euros or pounds sterling will receive €0.3102 or 26.15p per … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Euro, Financial, GBP Dividend Payments, investment, Shell
(IN BRIEF) Volkswagen Passenger Cars and SEAT S.A. have announced a leadership change in their finance departments, effective October 1, 2024. Patrik Andreas Mayer will become SEAT’s new Chief Financial and IT Officer, while David Powels, currently in that role, … Read the full press release
Posted in Automotive, Business, Financial, Germany, Government, Industrial, Investment, Management, News, Spain, Technology
Tagged appointment, David Powels, finance, IT Departments, leadership, Patrik Andreas Mayer, SEAT, Thomas Schäfer, Volkswagen, Wayne Griffiths
(IN BRIEF) Hexagon’s Manufacturing Intelligence division has introduced the Leica Absolute Tracker ATS800, a new innovation designed to streamline quality inspections in large-scale manufacturing. By combining laser tracking and non-contact measurement, the ATS800 reduces inspection times from hours to minutes … Read the full press release
(IN BRIEF) Global demand for electric vehicles has slowed, with concerns about charging infrastructure, range, and battery costs remaining key obstacles for potential buyers, according to the EY Global Mobility Consumer Index. EV buying intent rose marginally, but the US … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged charging infrastructure, electric vehicles, EY
(IN BRIEF) GSK’s depemokimab, a new ultra-long-acting biologic, showed a 54% reduction in severe asthma exacerbations in the SWIFT-1 and SWIFT-2 phase III trials. Administered every six months, it also demonstrated a 72% reduction in hospitalizations and emergency visits, offering … Read the full press release
Posted in Business, Financial, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Security & Safety, Technology, United Kingdom
Tagged David Jackson, Depemokimab, GSK, Phase III Trials, safety, Severe Asthma Attacks, SWIFT-1, SWIFT-2
(IN BRIEF) ContourGlobal has selected AFRY to provide engineering services for the rehabilitation and efficiency improvement of 35 solar photovoltaic (PV) plants across nine regions in Italy, representing 60 MW of installed capacity. The project will enhance the performance of … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Sweden, Technology
Tagged AFRY, Alessio Giuffra, ContourGlobal, Italy, Paola Agrati, partnership, solar plants, sustainability
(IN BRIEF) The Luxembourg Future Fund 2 (LFF 2) has invested an additional €5 million in the VIVES Inter-University Fund (IUF), raising the fund’s total to €75 million. VIVES IUF is an early-stage science-based fund that supports startups and spin-offs, … Read the full press release
Posted in Banks, Belgium, Business, Economy, Education, Environment, Financial, Government, Healthcare, Industrial, Investment, Luxembourg, Management, News, Science, Technology
Tagged EIF, European Innovation, Eva Kremer, investment, Luxembourg Future Fund 2 (LFF 2), Marjut Falkstedt, partnership, Société Nationale de Crédit et d’Investissement (SNCI), Startup Ecosystem, sustainability, VIVES Inter-University Fund (IUF)
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has relaunched its Risk-Sharing Facility (RSF) in partnership with AccessBank to boost financing for small and medium-sized enterprises (SMEs) in Azerbaijan. Through this €15 million agreement, the EBRD will share … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged AccessBank, Azerbaijan, David Tsiklauri, EBRD, Elisabetta Falcetti, partnership, risk sharing facility, SME
(IN BRIEF) Schneider Electric has partnered with GR3N to develop advanced plastic recycling technology using GR3N’s innovative MADE process, which breaks down hard-to-recycle PET into reusable materials with virgin-like quality. Schneider’s EcoStruxure Automation Expert platform enables modular, scalable, and efficient … Read the full press release
Posted in Artificial Intelligence (AI), Business, Chemicals, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged GR3N, Innovative Automation, MADE (Microwave Assisted DEpolymerization), partnership, plastic recycling, Schneider Electric, sustainability
(IN BRIEF) VINCI Highways has signed an agreement to acquire a 51% stake in HKR Roadways Limited, the operator of the SH1 highway concession in Telangana, India. The highway connects Hyderabad to the northeastern region of the state. The €40 … Read the full press release
Posted in Business, Construction, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged acquisition, highway, INDIA, partnership, SH1 highway, sustainability, VINCI, VINCI Highways
(IN BRIEF) AstraZeneca has completed clinical studies to transition Breztri, its inhaled treatment for COPD, to a next-generation propellant with 99.9% lower Global Warming Potential. This change aligns with AstraZeneca’s commitment to reducing its environmental impact through its Ambition Zero … Read the full press release
Posted in Business, Environment, Financial, Healthcare, Industrial, Investment, Management, Marketing, News, Pharma & Biotech, Science, Security & Safety, Technology, United Kingdom
Tagged AstraZeneca, Breztri, COPD, eco-friendly, Honeywell, Low-Impact Inhalers, partnership, Professor Omar Usmani, sustainability
(IN BRIEF) The Lindner Group has introduced Acustica, a sustainable acoustic panel made from 100% polyester, offering an eco-friendly alternative to traditional mineral wool. Acustica enhances room acoustics, provides flame retardancy, and is fully recyclable, making it a sustainable choice … Read the full press release
(IN BRIEF) Airbus SE has launched a share buyback program to acquire up to 4,254,000 shares by 31 March 2025, with the first phase targeting 2,127,000 shares by 31 October 2024. This buyback aims to support future employee share ownership … Read the full press release
Posted in Aviation & Aerospace, Business, Economy, Financial, France, Industrial, Investment, Management, Netherlands, News
Tagged Airbus, compensation plans, Employee Ownership, Financial, investment, Share Buyback Program
(IN BRIEF) The “Smart Vineyard” project in Germany’s Moselle Valley, supported by Deutsche Telekom’s 5G campus network, is modernizing traditional winemaking through automation and real-time data analysis. Using 5G-connected robots and AI, the project helps winemakers perform labor-intensive tasks such … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged 5G technology, Deutsche Telekom, Germany, Mathias Poeten, Moselle Region, partnership, Smart Vineyard, sustainability, Viticulture
(IN BRIEF) To celebrate the 125th anniversary of the first Hague Peace Conference, The Hague will host the Just Peace Open Day on 22 September 2024. Eurojust will participate at the House of Europe, offering the public a chance to … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Law, Management, Media, Netherlands, News
Tagged Alexander Van Dam, Boštjan Škrlec, Eurojust, Interactive Sessions, Just Peace Open Day 2024, Presentations
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a $60 million loan to Borusan EnBW Enerji to support the development of 116 MW of onshore wind-energy capacity in Türkiye’s Sivas and Tekirdağ provinces. This investment is … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Turkey, United Kingdom
Tagged Aida Sitdikova, Borusan EnBW Enerji, EBRD, Germany, partnership, renewable energy, sustainability, Turkey
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has extended its first sustainability-linked loan in Mongolia, providing US$ 51.7 million to MCS Coca-Cola, the country’s leading soft drink producer and distributor. This loan, supported by the FINTECC program … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged EBRD, MCS Coca-Cola, Mongolia, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) and venture capital firm LIFTT have announced a €100 million partnership to support innovation in Italy. Together, they will create LIFTT EuroInvest, a joint stock company aimed at making 20 to 30 equity … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Luxembourg, Management, News, Small Business, Technology
Tagged EIB, Gelsomina Vigliotti, INNOVATION, Italy, LIFTT, partnership, SMEs, Stefano Buono, sustainability
(IN BRIEF) Iraq has awarded Airbus Helicopters a contract for 12 H225M helicopters, marking a significant upgrade to its Army Aviation fleet. The deal, signed in Baghdad by Defence Minister Thabet al-Abbassi and French Ambassador Patrick Durel, aims to replace … Read the full press release
(IN BRIEF) Kering and the West Bund Museum are hosting the 3rd edition of Women In Motion at West Bund on September 21-22, 2024, celebrating female choreographers from China and France. This year’s festival, themed “Body Matters,” focuses on the … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, France, Government, Industrial, Investment, Management, Marketing, Media, News, Retail, Society
Tagged Anda Chen, CHINA, Dew GE, Female Choreographers, France, Gu Jiani, Hou Ying, Jinqing Cai, Julie Nioche, Kering, partnership, West Bund Museum, Women In Motion Festival
(IN BRIEF) Schneider Electric has launched a new AI-powered feature for its Wiser Home app, enhancing energy management for homes. This feature optimizes the use of water heaters and electric vehicle chargers by learning from user habits, weather forecasts, and … Read the full press release
Posted in Artificial Intelligence (AI), Austria, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Spain, Technology
Tagged AI-Enhanced, Austria, Energy management, France, Germany, Michael Lotfy Gierges, PORTUGAL, Schneider Electric, Spain, sustainability, Wiser Home App
(IN BRIEF) Associated British Ports (ABP) has completed the strengthening of the West Wharf at Millbay Docks in Plymouth, a key project funded by the UK Government through the Plymouth and South Devon Freeport seed capital programme. The upgrade, which … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged ABP, Ashley Curnow, infrastructure, Millbay Docks, partnership, Richard May, Steve Lawrie, sustainability, West Wharf
(IN BRIEF) La Banque Atlantique, en collaboration avec la BEI et l’UE, a lancé un financement de 13 milliards de francs CFA (environ 20 millions d’euros) pour soutenir des entreprises sénégalaises dans les secteurs informatique, agroalimentaire et santé. Cette initiative … Read the full press release
(IN BRIEF) Le 6 septembre 2024, la Banque Agricole (LBA) du Sénégal et la Banque européenne d’investissement (BEI), soutenues par l’Union européenne (UE), ont signé un accord pour un prêt de 30 millions d’euros. Ce financement vise à renforcer le … Read the full press release
(IN BRIEF) Schaeffler Vehicle Lifetime Solutions has launched the E-Axle RepSystem-M repair kit for the first-generation Hyundai Ioniq’s e-axles, showcased at Automechanika Frankfurt. This kit allows for cost-effective replacement of defective bearings, previously requiring a full motor or axle replacement. … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged E-Axle Repair Kit, Electric Motor Maintenance, Hyundai Ioniq, Maik Evers, Schaeffler
(IN BRIEF) Ericsson has renewed its partnership with Tekniska Museet, Sweden’s National Museum of Science and Technology, to celebrate Swedish innovations. The museum, located on Stockholm’s Djurgården island, attracts around 400,000 visitors annually and houses over 55,000 artifacts, including many … Read the full press release
(IN BRIEF) LANXESS has won the ICIS Innovation Award 2024 for its development of high-quality iron oxides used in lithium iron phosphate (LFP) battery cathodes. This recognition underscores LANXESS’ role in advancing Western value chains for LFP technology. The company … Read the full press release
Posted in Awards, Business, Chemicals, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Awards, Bayoxide, ICIS Innovation Award, LANXESS, LFP Battery, Michael Ertl
(IN BRIEF) Topsoe, a leader in carbon emission reduction technologies, has celebrated a successful year-long partnership with Nagarro, a digital engineering and technology solutions provider. Nagarro has delivered exceptional support for Topsoe’s SAP applications and Salesforce services, enhancing the scalability … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Denmark, innovative, Jakob Flyvholm, Michael Møller, Nagarro, partnership, Salesforce Solutions, SAP, sustainability, Topsoe
(IN BRIEF) Bechtle AG has set a new record by welcoming 286 new trainees and dual-study students this September, bringing the total to 873. This milestone highlights the company’s commitment to developing young talent in both technical and commercial fields. … Read the full press release
Posted in Business, Education, Germany, Industrial, Management, News, Technology
Tagged Academic Year, Bechtle, Dr Thomas Olemotz, partnership, trainees
(IN BRIEF) A recent report reveals a significant increase in online fraud involving fake websites, leading to an estimated £6.6 million in losses for UK shoppers. Scammers create counterfeit sites that mimic popular brands, luring consumers with fake discounts. Many … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Internet & Online, Investment, Management, News, Security & Safety, Technology, United Kingdom
Tagged Fake Website, Gavin Evans, Lloyds Bank, online fraud, scams, UK Shoppers
(IN BRIEF) Iberdrola’s Brazilian subsidiary, Neoenergia, has successfully trained over 1,000 women through its Electricians’ School, a pioneering program recognized globally by WeEmpower and other international organizations. The milestone was celebrated with notable attendees including Brazil’s Minister of Mines and … Read the full press release
Posted in Business, Education, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, Media, News, Spain
Tagged Alexandre Silveira, Brazil, Eduardo Capelastegui, Electricians' School, gender equality, Iberdrola, NEOENERGIA, Rosângela Janja da Silva, women empowerment
(IN BRIEF) TÜV Rheinland is participating in ReThink HK 2024, showcasing its advanced sustainability solutions. At the event, the company will highlight its role in fostering a circular economy and promoting green technologies. Key activities include a workshop on integrating … Read the full press release
Posted in Awards, Business, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Awards, Green Innovation, ReThink HK 2024, sustainability, TÜV Rheinland
(IN BRIEF) At the SMM Trade Fair, DNV highlighted key advancements in ship autonomy. Ocean Infinity received a Statement of Compliance for its remotely supported vessel operations, becoming the first fleet to meet new technological standards. Avikus began testing its … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, Media, News, Norway, Technology, Transportation & Logistics
Tagged DNV, ship autonomy, SMM 2024
(IN BRIEF) DNV has introduced SolarFarmer, a cutting-edge software designed to revolutionize solar project evaluations in the U.S. By completing six major due diligence projects totaling 1,195 MW, SolarFarmer has proven its ability to handle the expected surge in solar … 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)
