(IN BRIEF) ANDRITZ, a leading international technology group, has announced the amicable resignation of Domenico Iacovelli, effective December 31, 2023. Iacovelli, who played a crucial role in overseeing the Metals business area, will be stepping down from the Executive Board. … Read the full press release
Posted in Austria, Business, Industrial, Management, News, Technology
Tagged Andritz, Domenico Iacovelli, Executive Board, Joachim Schönbeck, resignation
(IN BRIEF) On December 1st, the Orange County Transportation Authority (OCTA) celebrated the opening of the I-405 Express Lanes system, a pioneering infrastructure project designed and built by Kapsch TrafficCom. The state-of-the-art system, featuring FasTrak® transponder technology, offers commuters an … Read the full press release
(IN BRIEF) DNV is at the forefront of advancing hydrogen pipeline research through its partnership with National Gas Transmission (NGT) in the expansion of the groundbreaking FutureGrid project. NGT, supported by DNV and other collaborators, secured two Strategic Innovation Funded … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, United Kingdom
Tagged DNV, Dr Gary Tomlin, FutureGrid, Hari Vamadevan, Hydrogen Pipeline Research, Martin Cook, National Gas Transmission (NGT), partnership, sustainability, UK
(IN BRIEF) Dassault Aviation has extended its utilization of Dassault Systèmes’ 3DEXPERIENCE platform, hosted on a sovereign cloud, to enhance the maintenance, repair, and overhaul (MRO) processes for its Rafale aircraft fleet serving the French Ministry of Armed Forces. The … Read the full press release
(IN BRIEF) bp and BWT Alpine F1 Team have announced a partnership focused on enhancing energy efficiency and sustainability at the Alpine F1 Team’s Enstone facility in Oxfordshire. The collaboration leverages bp’s advanced data measurement and analysis tools, including DIGBOX®, … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Sports, United Kingdom
Tagged BP, BWT Alpine F1 Team, energy efficiency, Nicola Buck, partnership, Philippe Krief, Rob White, sports, sustainability
(IN BRIEF) TotalEnergies has signed a wage agreement for 2024 with majority approval (71%) from the CFE-CGC, CFDT, and CAT trade unions. The agreement covers approximately 14,000 employees in France who fall under the Common Corpus of Employee Relations Agreements … Read the full press release
Posted in Business, Financial, France, Industrial, Management, News
Tagged Bonus, CAT trade unions, CFDT, CFE-CGC, Financial, French Employees, partnership, Patrick Pouyanné, Salary Increase, TotalEnergies
(IN BRIEF) Equinor has reached an agreement to purchase Shell’s equity stake and operatorship of the Linnorm discovery in the Norwegian Sea. This acquisition will grant Equinor a 30% interest in PL 255, which covers the Linnorm discovery, subject to … Read the full press release
(IN BRIEF) CUPRA, in collaboration with Wilson Sporting Goods Co., has revealed the innovative CUPRA Wilson LT Padel Racket, the third racket developed under this partnership. Designed entirely by CUPRA and crafted by Wilson, the racket draws inspiration from CUPRA’s … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Investment, Management, News, Spain, Sports, Technology
Tagged CUPRA, CUPRA Wilson LT Padel Racket, Ignasi Prieto, Iñaki Cabrera, partnership, SEAT, sports, UrbanRebel Racing Concept, Wilson
(IN BRIEF) Zurich Insurance Group has announced the appointment of Claudia Cordioli as Group Chief Financial Officer (CFO), effective from March 1, 2024, pending regulatory approval. Cordioli will also become a member of the Executive Committee. She will succeed George … Read the full press release
Posted in Business, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged appointment, CFO, Claudia Cordioli, George Quinn, leadership, Mario Greco, Zurich Insurance Group
(IN BRIEF) Orange has announced its purchase of treasury shares as part of its 2023 share buyback program. These shares have been acquired to fulfill obligations related to long-term incentive plans designed for corporate officers and senior employees. These incentive … Read the full press release
Posted in Business, Financial, France, Industrial, Investment, Management, News, Telecom
Tagged acquisition, Financial, investment, Orange, treasury shares
(IN BRIEF) The European Payments Initiative (EPI) has achieved a significant milestone by successfully completing its first account-to-account instant payment transactions using its newly developed solution, wero. In a proof of concept conducted between Sparkasse Elbe-Elster in Germany and Banque … Read the full press release
Posted in Banks, Belgium, Business, Economy, Financial, France, Germany, Industrial, Investment, Management, News, Technology
Tagged Banque Populaire, Caisse d’Epargne (Groupe BPCE), DSGV, European Payments Initiative (EPI), Germany, Instant Payment Transactions, Joachim Schmalzl, Martina Weimert, partnership, Sparkasse Elbe-Elster, wero, Yves Tyrode
(IN BRIEF) Groupe BPCE has made significant senior executive appointments to strengthen its leadership team. Corinne Cipière has been named the Chief Executive Officer of BPCE Assurances, responsible for life & personal protection insurance and non-life insurance. Philippe Setbon has … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Industrial, Investment, Management, News, Technology
Tagged appointments, Corinne Cipière, Groupe BPCE, leadership, Nicolas Namias, Philippe Setbon, Stéphanie Paix, Valérie Combes-Santonja
(IN BRIEF) Siemens Mobility has secured a significant order worth around €500 million to deliver 75 Mireo trains for the “Central German S-Bahn Network 2025+” (MDSB 2025+) project. The order includes 41 three-car Mireo trains, 18 four-car Mireo trains, and … Read the full press release
(IN BRIEF) Repsol’s industrial complex in Cartagena has welcomed the arrival of the first ship carrying 7,500 tons of used cooking oil, which will serve as a raw material for Spain’s inaugural renewable fuels plant. As part of its transformation … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain
Tagged Cartagena, partnership, Renewable Fuels Plant, Repsol, shipment, Spain, sustainability, used cooking oil
(IN BRIEF) Škoda Auto, known for its innovation in the digital realm, is reaching out to younger audiences by introducing its brand within the popular online video game Fortnite. The carmaker has crafted a unique gaming experience with the Fortnite … Read the full press release
Posted in Automotive, Business, Czech Republic, Entertainment, Industrial, Management, Media, News, Technology
Tagged 'Out of Bounds Odyssey', entertainment, Fortnite, Gen Z Gamers, partnership, ŠKODA AUTO
(IN BRIEF) BNP Paribas has introduced the BNP Paribas Climate Impact Infrastructure Debt initiative, backed by BNP Paribas Asset Management (BNPP AM), BNP Paribas Corporate & Institutional Banking (BNPP CIB), and BNP Paribas Cardif, as part of their aligned commitments … Read the full press release
(IN BRIEF) During a recent Supervisory Board meeting, Mercedes-Benz Group AG announced the extension of management contracts for two key executives. Sabine Kohleisen, the Board Member for Human Resources & Labour Director, had her contract extended until November 30, 2025, … Read the full press release
(IN BRIEF) Catherine Macaulay, the Impact Investment Lead at Schroders, has been honored with the Young Professional of the Year/Rising Star award at the Environmental Finance Impact Awards. The awards recognize the contributions of impact investors worldwide and showcase best … Read the full press release
(IN BRIEF) Yara, a global leader in agricultural solutions, has announced the acquisition of Agribios Italiana’s organic-based fertilizer business, strengthening its commitment to regenerative agriculture and soil health in Europe. By combining Agribios’ expertise in organic-based fertilizers with Yara’s reach … Read the full press release
Posted in Agriculture, Business, Chemicals, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Management, News, Norway, Technology
Tagged acquisition, Agribios Italiana, Fertilizer Business, Giovanni Ravagnan, Mónica Andrés Enríquez, organic, Organic Farming, partnership, sustainability, Yara
(IN BRIEF) The TU/e Young Academy of Engineering (EYAE) has welcomed four new members who will serve a four-year term, contributing to the advancement of knowledge exchange, research funding, and closer collaborations between industry and the university. The new members … Read the full press release
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