(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) 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(IN BRIEF) Logicor has initiated the redevelopment of a 34,600 m² site in Langenfeld, Germany, transforming an outdated logistics facility into a modern, sustainable corporate property.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 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) 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) 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) Merck and Siemens have signed a strategic partnership to accelerate digital transformation in manufacturing through smart, modular production systems. Siemens will become Merck’s preferred global supplier, providing advanced hardware and software solutions via the Siemens Xcelerator platform. The … Read the full press release
Posted in Business, Germany, Industrial, Infrastructure & Utilities, Technology
Tagged automation, Cedrik Neike, chemical production, digital transformation, electronics, flexibility, global supplier, GMP, Healthcare, INNOVATION, Kai Beckmann, life sciences, Manufacturing, Merck, modular production, Module Type Package, MTP, partnership, Pharmaceutical Production, Siemens, Siemens Xcelerator platform, smart manufacturing, sustainability
(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
(IN BRIEF) Swissport will require electric-powered vehicles for key ground support operations starting January 2025 as part of its goal to achieve 55% electric Ground Support Equipment (eGSE) by 2032. The company plans to invest over €1 billion in electric … Read the full press release
Posted in Automotive, Aviation & Aerospace, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged electric-powered Ground Support Equipment (eGSE), partnership, sustainability, Swissport, Warwick Brady
(IN BRIEF) The Otto Group has appointed David Heckel as Vice President of Group Tax, effective October 1, 2024. Heckel, currently head of Corporate Tax at Otto, will succeed Peter Carstens, who will retire in mid-2025 after 25 years of … Read the full press release
(IN BRIEF) The SOLiDIFY consortium, part of the Horizon 2020 initiative, has developed a high-performance lithium-metal solid-state battery with an energy density of 1070 Wh/L, surpassing current lithium-ion batteries. This innovative “liquid-to-solid” electrolyte battery, produced at Belgium’s EnergyVille lab, offers … Read the full press release
(IN BRIEF) SAMS celebrated its 2024 graduation, with Nele Thomsen named Student of the Year for her outstanding contributions to marine research during her studies. Thomsen, along with 44 other graduates, was recognized for her work on five research projects … Read the full press release
Posted in Awards, Business, Education, Environment, Financial, Industrial, Investment, Management, Media, News, Science, Technology, United Kingdom
Tagged 2024 Graduation Ceremony, Awards, Exceptional Students, Jamie Nathaniel, Janika Sander, Nele Thomsen, Nick Owens, Professor Sheila Heymans, Scottish Association for Marine Science (SAMS)
(IN BRIEF) Alfa Laval will introduce its latest energy-efficient heat exchangers for heat pumps at Chillventa 2024, aimed at supporting sustainable cities. These innovations, including the largest-capacity ammonia heat pump condenser and the SE range of brazed heat exchangers, focus … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Alfa Laval, Chillventa, Germany, Heat Solutions, innovative, partnership, sustainability
(IN BRIEF) FUCHS SE has signed a letter of intent to acquire Swiss lubricant company STRUB & Co. AG as part of its strategy to expand its market presence in Switzerland. The acquisition will provide FUCHS with direct access to … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Switzerland, Technology
Tagged acquisition, FUCHS SE, Lubricant, partnership, STRUB & Co. AG, sustainability, Switzerland
(IN BRIEF) Kapsch TrafficCom will present its latest transportation innovations at the ITS World Congress 2024 in Dubai from September 16-20. The company will showcase cutting-edge solutions like satellite-based tolling, multi-lane free-flow tolling, and advanced traffic management systems. Visitors to … Read the full press release
(IN BRIEF) The MaksGrid project, led by DNV and supported by the Pilot-E scheme, aims to increase Norway’s power grid utilization by 25% through innovative solutions like dynamic transmission limits and coordinated system control. The initiative, funded with NOK 26 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged and The Norwegian Smartgrid Centre, DNV, MaksGrid Project, Norway, partnership, power grid, SINTEF Energy, Statnett, sustainability
(IN BRIEF) Vodafone and Three UK have responded to the CMA’s provisional findings, disputing concerns that their merger could reduce competition and lead to price increases. The companies argue that the £11 billion merger will improve 5G infrastructure, enhance competition, … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged 5G infrastructure, acquisition, Competition and Markets Authority’s (CMA), Margherita Della Valle, MERGER, partnership, Robert Finnegan, sustainability, Three UK, vodafone
(IN BRIEF) The Ministry of Defence has awarded BAE Systems a £60 million contract to enhance the Royal Navy’s Sting Ray lightweight torpedo. Over a four-year period, the project will focus on technological upgrades to address emerging threats in anti-submarine … Read the full press release
(IN BRIEF) Tobias Atzler has been appointed as the new Head of Investor Relations at Siemens AG, effective October 1, 2024. With over 13 years of experience in the investor relations department and a long-standing career at Siemens, Atzler will … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Technology
Tagged appointment, Head of Investor Relations, leadership, Ralf P. Thomas, Siemens, Tobias Atzler
(IN BRIEF) Webuild has been ranked as the global leader in the water sector by the 2024 ENR rankings, continuing a decade-long dominance. The company also climbed to 14th place among international contractors, with over $7 billion in revenue outside … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Australia, Awards, partnership, sustainability, Water Sector, Webuild
(IN BRIEF) DSV has agreed to acquire Schenker, Deutsche Bahn’s logistics subsidiary, for €14.3 billion, marking its largest acquisition to date. The combined company will have a presence in over 90 countries, with a workforce of 147,000 and pro forma … Read the full press release
(IN BRIEF) Wolters Kluwer has nominated Anjana Harve, currently the EVP and CIO at BJ’s Wholesale Club, for a position on its Supervisory Board, pending approval at an Extraordinary General Meeting (EGM) on October 28, 2024. Harve, a seasoned IT … Read the full press release
Posted in Business, Industrial, Management, Netherlands, News, Technology
Tagged Anjana Harve, Ann Ziegler, appointment, leadership, Supervisory Board, Wolters Kluwer
(IN BRIEF) ZEISS Medical Technology will introduce new digital and AI-driven innovations at the EURETINA 2024 conference. Key highlights include the ZEISS ARTEVO 850 3D digital visualization system and the EVA NEXUS surgical system, which enhance precision and safety in … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Financial, Germany, Healthcare, Industrial, Investment, Management, Media, News, Science, Technology
Tagged AI-powered, CIRRUS PathFinder, Diagnostic Innovations, EURETINA 2024, EVA NEXUS surgical system, Retinal Surgery, ZEISS, ZEISS ARTEVO 850 3D digital visualization system
(IN BRIEF) Abolis Biotechnologies has secured €35 million from a global consortium of investors, including Evonik Venture Capital, BOLD (L’Oréal’s fund), and the DeepTech & Climate Fonds. This investment will help the company expand its biomanufacturing capabilities and bring sustainable, … Read the full press release
Posted in Business, Chemicals, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, Netherlands, News, Pharma & Biotech, Science, Technology
Tagged Abolis Biotechnologies, BOLD (Business Opportunities for L’Oréal Development), Clay Capital, DeepTech & Climate Fonds, Evonik, France, investment, Netherlands, partnership, Singapore, sustainability
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