(IN BRIEF) On December 12, 2023, Outokumpu has successfully completed its share repurchase program, buying back a total of 170,090 of its own shares on trading venues CEUX and XHEL. The repurchase program, which was announced on November 29, 2023, … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged acquisition, Financial, investment, Outokumpu, shares
(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, and Siemens, a technology company, have announced a partnership to use Outokumpu’s Circle Green®, a stainless steel variant with up to a 93% lower carbon footprint than the industry average, … Read the full press release
Posted in Business, Environment, Financial, Finland, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Niklas Wass, Outokumpu, partnership, Siemens, Stephan May, sustainability, switchgear, zero stainless steel
(IN BRIEF) ANDRITZ, the international technology group, has secured an order from Dezhou Taiding New Material Science and Technology Co., Ltd. in China to provide a second chemi-thermomechanical (P-RC APMP) line for their mill in Pingyuan County, Shandong Province. The … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, CHINA, Dezhou Taiding, P-RC APMP Line, partnership, pulp production, sustainability, Zhang Qingchao
(IN BRIEF) ORLEN Wind 3, a subsidiary of the ORLEN Group, has entered into an agreement to purchase onshore wind farms from Octopus Renewables Infrastructure Trust PLC. These wind farms, located in the Provinces of Poznań and Szczecin, have a … Read the full press release
(IN BRIEF) A partnership involving ORLEN, Lafarge Cement S.A., and Air Liquide Poland has received a European Commission grant to develop project design documentation and supply chain feasibility studies for a carbon dioxide (CO2) marine terminal. This terminal project aligns … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Transportation & Logistics
Tagged Air Liquide Poland, CO2 Marine Terminal, EU, Lafarge Cement S.A., ORLEN, partnership, Poland, sustainability
(IN BRIEF) Novozymes and Chr. Hansen have unveiled their new collective name, ‘Novonesis,’ symbolizing a fresh beginning in the world of biosolutions. This announcement marks a significant step towards the merger of the two companies. Novonesis, which means ‘A new … Read the full press release
Posted in Business, Denmark, Industrial, Management, News, Pharma & Biotech, Science, Technology
Tagged 'Novonesis', biology, biosolutions, Cees de Jong, Chr. Hansen, Ester Baiget, Novozymes, partnership
(IN BRIEF) The European Investment Bank (EIB) has reiterated its dedication to addressing the needs of refugees, enhancing economic resilience in host and origin communities, and fostering social inclusion at the 2023 Global Refugee Forum. The EIB collaborated with partners … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News, Society
Tagged 2023 Global Refugee Forum, economic resilience, EIB, European Union, Gelsomina Vigliotti, Multilateral Development Banks, Organisation for Economic Co-operation and Development (OECD), partnership, refugees, social inclusion, sustainability
(IN BRIEF) The European Investment Bank (EIB) Board of Directors has endorsed a €5 billion initiative aimed at bolstering wind energy equipment manufacturing companies as part of the European Wind Power Package. This strategic investment supports the transition to net … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Luxembourg, Management, News
Tagged EIB, Europe, investments, partnership, sustainability, Werner Hoyer, Wind Energy Manufacturing
(IN BRIEF) Infineon Technologies AG has announced the expansion of its MOTIX™ product family, focusing on automotive and industrial motor control applications. The expansion introduces four new 2-channel MOTIX gate driver ICs, namely 2ED2742S01G, 2ED2732S01G, 2ED2748S01G, and 2ED2738S01G. These 160 … Read the full press release
Posted in Automotive, Business, Environment, Germany, Industrial, Management, News, Technology
Tagged automotive, Driver ICs, Industrial Motor Control, Infineon, MOTIX™ Product Line
(IN BRIEF) The ÖBB Rail Cargo Group (RCG) has been awarded the EcoVadis Gold Standard for corporate social responsibility (CSR) for the third consecutive year. This recognition places RCG in the top 1% of companies in the rail freight transport … Read the full press release
(IN BRIEF) VINCI held a Capital Markets Day in Madrid dedicated to its Spanish subsidiary, Cobra IS, aiming to provide detailed insights into its business activities. Cobra IS specializes in a wide array of flow business activities and complex EPC … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, Media, News, Spain
Tagged Capital Markets Day, Cobra IS, digital transitions, environmental, Madrid, partnership, renewable energy, sustainability, VINCI
(IN BRIEF) EnBW Energie Baden-Württemberg AG has received a broad majority approval from creditors for the insolvency plan of biomethane trader bmp greengas GmbH. EnBW, the sole bidder, submitted a binding offer in October to fund the insolvency plan, which … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged acquisition, bmp greengas GmbH, EnBW, partnership, sustainability, VNG H&V
(IN BRIEF) The Voith Group has demonstrated resilience and achieved strong results during the 2022/23 fiscal year, navigating a challenging economic environment successfully. The company reported positive growth across key performance indicators, with orders received surpassing expectations at €6.14 billion, … Read the full press release
Posted in Business, Economy, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Dr. Toralf Haag, Environment, Financial, investment, sustainability, Voith Group
(IN BRIEF) Trust, Singapore’s first digitally-native bank, has achieved rapid growth since its launch in September 2022, with over 600,000 customers within one year, making it one of the world’s fastest-growing digital banks. In its commitment to environmental sustainability, Trust … Read the full press release
Posted in Banks, Business, Environment, Financial, France, Government, Industrial, Investment, Management, News, Technology
Tagged eco-friendly, Hasan Khan, Nassir GHROUS, Ocean Plastic®, partnership, Payment Card, Singapore, sustainability, Thales, Trust Bank
(IN BRIEF) Thales has been awarded a contract to supply the Royal Malaysian Air Force (RMAF) with the GM400α long-range radar system, including complete station infrastructure. The award ceremony, attended by the Ministers of Defence of Malaysia and France, followed … Read the full press release
(IN BRIEF) Henkel, a global leader in adhesives, participated in a panel discussion hosted by Schneider Electric at the United Nations Climate Change Conference (COP28). The panel, titled “Beyond Carbon – Decarbonizing the Supply Chain for a Greener Tomorrow,” focused … Read the full press release
Posted in Business, Chemicals, Environment, Germany, Government, Industrial, Management, Media, News
Tagged climate change conference, COP28, decarbonization, Dr. Philipp Loosen, Henkel, partnership, Schneider Electric, supply chain, sustainability, UN
(IN BRIEF) Austria’s Ministry of Defence has awarded Rheinmetall a contract worth €532 million (excluding value-added tax) for the comprehensive modernization of its existing Skyguard air defense systems, as part of its “Mission Forward” rearmament program. This ambitious project includes … Read the full press release
(IN BRIEF) Alfa Laval, a leading provider of separation and fluid handling solutions, is teaming up with Swiss engine designer WinGD to advance the development of ammonia as a future fuel for marine vessels. As part of their ongoing ammonia … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Sweden, Switzerland, Technology, Transportation & Logistics
Tagged Alfa Laval, Ammonia-Fueled Engine, carbon-free, partnership, Sebastian Hensel, shipping, sustainability, Viktor Friberg, WinGD
(IN BRIEF) Continental, a leading tire manufacturer, has been advancing sustainability in the tire industry for over a century with its tire retreading program. They retread over a million truck and bus tires annually, saving resources and cutting costs. Research … Read the full press release
Posted in Automotive, Business, Environment, Germany, Industrial, Management, News, Technology
Tagged CO2 emissions, Continental, Jorge Almeida, sustainability, Tansu Isik, Tire retreading
(IN BRIEF) Siemens has recognized twelve outstanding inventors from various countries in its annual Inventors of the Year awards. These innovators have made significant contributions to fields such as artificial intelligence, sustainable power grids, railcar stability, and electric vehicle charging … Read the full press release
Posted in Awards, Business, Environment, Germany, Industrial, Management, Media, News, Technology
Tagged artificial intelligence, Awards, inventors, Inventors of the Year award, partnership, Peter Körte, Siemens, Swathi Shyam Sunder
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