(IN BRIEF) Telekom has established a new world record in mobile radio by achieving a data rate of 12 gigabits per second during tests in Alzey. This impressive data speed and bandwidth, up to twelve times higher than current 5G … Read the full press release
(IN BRIEF) Societe Generale and Brookfield Asset Management have announced a strategic partnership to create a private investment grade debt fund, with an initial target of EUR 10 billion in assets over the next four years, including EUR 2.5 billion … Read the full press release
(IN BRIEF) BAE Systems is set to debut the Armored Multi-Purpose Vehicle (AMPV) at DSEI 2023, presenting its capabilities and future growth potential to U.S. allies and NATO partners. The AMPV, recently approved for full-rate production, serves as a foundational … Read the full press release
Posted in Automotive, Business, Defence, Government, Industrial, Management, Media, News, Technology, United Kingdom
Tagged Armored Multi-Purpose Vehicle (AMPV), BAE Systems, Bill Sheehy, DSEI 2023, modernization, U.S. Army
(IN BRIEF) German renewable energy company wpd has successfully completed the refinancing of Taiwan’s Luwei and Chungwei onshore wind farms, totaling 180 MW capacity, with the support of local and international banks. These long-standing wind farms will benefit from improved … Read the full press release
(IN BRIEF) Siemens has officially opened its new Research and Development (R&D) facility in Zug, Switzerland, marking the completion of a seven-year, CHF250 million investment in its climate-neutral campus. The inauguration ceremony was attended by Swiss Economy Minister Guy Parmelin, … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged Building Technologies, climate-neutral, Guy Parmelin, Matthias Rebellius, partnership, R&D Campus, Roland Busch, Siemens, Silvia Thalmann-Gut, sustainability, Switzerland, Zug
(IN BRIEF) The European Investment Fund (EIF) backed by the InvestEU program has partnered with Arbevel to provide a portfolio guarantee of up to €72 million in financing for SMEs and lower mid-caps. This agreement encompasses three InvestEU windows: “Innovation … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Arbevel, EIF, InvestEU, Jean-Baptiste Delabare, Marjut Falkstedt, Paolo Gentiloni, partnership, SMEs, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing €15 million in PHH Group, a leading e-commerce platform in the Baltic states. This investment aims to support the expansion of PHH Group’s logistical capacity and cross-border fulfillment … Read the full press release
Posted in Banks, Business, Financial, Industrial, International Trade, Internet & Online, Investment, Management, News, Retail, Small Business, Technology, United Kingdom
Tagged Baltic States, E-Commerce, EBRD, Florin Filote, investment, partnership, PHH Group, SMEsTamas Nagy
(IN BRIEF) President Hoyer of the European Investment Bank (EIB) expressed heartfelt condolences and solidarity with Morocco following a powerful earthquake near Marrakech with a magnitude of 6.8. In a letter to King Mohammed VI, he offered assistance in rebuilding … Read the full press release
Posted in Banks, Business, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Luxembourg, Management, News
Tagged condolences, earthquake, EIB, financial support, Marrakech, Mohammed VI, MOROCCO, President Hoyer
(IN BRIEF) Volkswagen is unveiling the ID.X Performance show car, an all-electric sports limousine, at the ID. Treffen event in Locarno, Switzerland. The vehicle features powerful all-wheel drive, a performance-oriented suspension, and an expressive design. The car showcases the potential … Read the full press release
(IN BRIEF) Eurojust, the EU’s judicial cooperation agency, welcomes two new Liaison Prosecutors. For the first time, Moldova has stationed a prosecutor at Eurojust’s headquarters in The Hague to strengthen cooperation on cross-border crime cases. The new Liaison Prosecutor for … Read the full press release
(IN BRIEF) Ukrainian siblings, Olena and Rostyslav Vovk, have transformed their family business, Enzym Group, from a Soviet-era yeast plant into a modern, diversified company. Enzym Group is now a market leader in the yeast industry and produces yeast food … Read the full press release
(IN BRIEF) Remediation work at legacy uranium mining sites in Uzbekistan is being funded by a €9 million grant from the Environmental Remediation Account for Central Asia (ERA), established by the European Union (EU) and managed by the European Bank … Read the full press release
Posted in Banks, Business, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, United Kingdom
Tagged EBRD, EU, Remediation Project, Tashkent, Uranium Mining Sites, Uzbekistan
(IN BRIEF) A.P. Moller – Maersk and Equinor have signed an agreement to supply green methanol for Maersk’s new methanol-enabled feeder vessel. The agreement secures green methanol supply from September 2023 to the first half of 2024 for the ship’s … Read the full press release
(IN BRIEF) GRAHAM has won the “Best Energy Achievement in Construction Award” at the 2023 Business Energy Achievement Awards for their entry titled “Constructing a Sustainable Future.” The award recognizes the company’s industry-leading initiatives in promoting energy efficiency and reducing … Read the full press release
(IN BRIEF) According to Savills research, French capital invested in European real estate reached nearly €3.2 billion in H1 2023, constituting 10% of all cross-border investments. This represents a significant increase from the 5% share recorded in the previous year … Read the full press release
Posted in Business, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Real Estate, Spain, United Kingdom
Tagged investments, James Burke, Lydia Brissy, real estate, Savills, Spain
(IN BRIEF) Savills and Gerald Eve have been appointed by developer Dominus to find a forward funding partner for a student accommodation project in Manchester, known as “Medlock Tower.” The £200 million development will consist of a 37-story super-prime student … Read the full press release
Posted in Business, Construction, Education, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, United Kingdom
Tagged 'Medlock Tower', Dominus, funding, Gerald Eve, Jason Nearchou, Lizzie Beagley, Manchester, Manchester Metropolitan University, Manchester University, partnership, Preet Ahluwalia, Savills, student accommodation, Whitbread
(IN BRIEF) The USDA Biofuels Annual Report for September 2023 suggests that Neste, a renewable products refinery in Singapore, may have received fraudulent volumes of used cooking oil (UCO), specifically virgin palm oil from Indonesia, exported fraudulently as UCO via … Read the full press release
Posted in Agriculture, Business, Energy, Gas & Oil, Finland, Management, News
Tagged Fraudulent Palm Oil Shipments, Neste, Singapore, USDA Report
(IN BRIEF) AFRY has achieved the highest Platinum rating in EcoVadis’ global sustainability and social responsibility assessment, earning a total score of 79 out of 100. This places AFRY among the top 1 percent of all assessed companies in sustainability … Read the full press release
Posted in Awards, Business, Environment, Industrial, Infrastructure & Utilities, Management, News, Sweden
Tagged AFRY, Awards, EcoVadis Sustainability Assessment, Henrik Tegnér, Platinum Rating, sustainability
(IN BRIEF) Philips has introduced Microvascular Imaging Super Resolution Contrast-Enhanced Ultrasound (CEUS) on its EPIQ Elite ultrasound system, offering significant advancements in lesion characterization and diagnostic confidence. CEUS, which utilizes micro-bubble contrast media instead of iodinated contrast media, provides up … Read the full press release
Posted in Business, Healthcare, Industrial, Management, Netherlands, News, Science, Technology
Tagged cancer patients, CEUS, contrast media, EPIQ Elite, Microvascular Imaging, Philips, Super Resolution, Ultrasound System
(IN BRIEF) RWTH Aachen University’s Chair of Integrated Photonics has pioneered an innovative packaging technology for optical data links in collaboration with aiXscale Photonics. This technology enables the co-packaging of optical and electrical systems on a wafer scale, leading to … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Germany, Industrial, Management, News, Technology
Tagged AI Hardware, aiXscale Photonics, Darrell Childers, data centers, Dr. Florian Merget, François Lelarge, Heraeus, innovative, Optical Packaging Technology, partnership, Prof. Dr. Jeremy Witzens, Steffen Metzger
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