(IN BRIEF) The Hamburg-based tech firm, the applike group, renowned for mobile app management and distribution, has relocated its headquarters to central Hamburg to accommodate its expanding operations. The move to new offices, managed by Lindner, reflects the company’s commitment … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged Applike Group, Hamburg, Industrial Design, INNOVATION, Lindner, partnership, sustainability
(IN BRIEF) AstraZeneca has finalized its equity investment with Cellectis, a clinical-stage biotechnology firm, following a successful research collaboration agreement announced in November 2023. This partnership aims to harness Cellectis’ gene editing technologies to design up to 10 novel cell … Read the full press release
Posted in Business, Financial, France, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged Adrian Kemp, AstraZeneca, Cell and Gene Therapy Development, Cellectis, France, investment, partnership
(IN BRIEF) On May 3, 2024, VINCI’s Board of Directors, chaired by Xavier Huillard, unanimously approved the appointment of Pierre Anjolras as Chief Operating Officer (COO) of VINCI. Anjolras, who brings extensive experience in motorway concessions and executive leadership within … Read the full press release
Posted in Business, Construction, France, Industrial, Infrastructure & Utilities, Management, News
Tagged appointment, Chief Operating Officer, leadership, Pierre Anjolras, VINCI, Xavier Huillard
(IN BRIEF) STARK Group announces the opening of a vast central warehouse in Eskilstuna, Sweden, marking a significant investment in the company’s logistics infrastructure. With a sprawling expanse of 63,000 square meters, equivalent to 12 football fields, the warehouse is … Read the full press release
(IN BRIEF) Lidl announces a new partnership with BILD Group, introducing BILDplus as a premium offer for users of the Lidl Plus app in Germany. Customers reaching a certain monthly shopping volume through Lidl Plus will receive complimentary access to … Read the full press release
Posted in Business, Entertainment, Financial, Germany, Industrial, Investment, Management, Marketing, Media, News, Retail, Technology
Tagged Axel Springer, BILD Group, BILDplus, Claudius Senst, Jan Bock, Lidl, Lidl Plus App Users, partnership, Schwarz Group
(IN BRIEF) Paris 2024, in anticipation of the Torch Relay’s arrival in Marseille on 8 May, reveals the striking design of the Olympic and Paralympic Torch Relay cauldron, crafted by renowned designer Mathieu Lehanneur and manufactured by ArcelorMittal. The cauldron, … Read the full press release
Posted in Business, Entertainment, France, Industrial, Management, Media, Metals and Minerals, News, Sports
Tagged ArcelorMittal, Cauldron, design, Eric Niedziela, Mathieu Lehanneur, Olympic, Paralympic, Paris 2024, sports, Tony Estanguet, Torch Relay
(IN BRIEF) CIMIC Group subsidiary Leighton Asia, in partnership with China Railway First Group, has been awarded the A$4.3 billion North District Hospital (NDH) expansion project by the Hong Kong Hospital Authority. Expected to generate up to A$2.4 billion in … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Spain
Tagged ACS Group, Brad Davey, China Railway First Group, CIMIC Group, Expansion Project, Hong Kong, Juan Santamaria, Leighton Asia, North District Hospital, partnership
(IN BRIEF) Mercedes-Benz Trucks is gearing up for its most extensive test run yet, slated for this summer, featuring the groundbreaking electric flagship eActros 600. With two near-series prototypes, the trucks will traverse over 20 European countries, clocking more than … Read the full press release
(IN BRIEF) Bechtle direct Italy is extending its presence to Milan, securing a prime location in the city’s renowned Milanofiori Nord business district, housed in the eco-friendly U15 building. This expansion underscores Bechtle’s commitment to fostering sustained growth, enhancing accessibility … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Bechtle, Bernhard Kabicher, INNOVATION, Italy, Milan Office, partnership, sustainability
(IN BRIEF) Nadine Despineux, with over two decades of management experience in international mechanical engineering companies, has been appointed as the new Member of the Board of Management, Sales at Jungheinrich AG, effective from 15th July 2024, succeeding Christian Erlach, … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is bolstering micro, small, and medium-sized businesses in Uzbekistan by providing a financial package of up to US$ 20 million to Ipak Yuli Bank. This includes a US$ 10 million … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Retail, Small Business, United Kingdom
Tagged EBRD, Financial, Ipak Yuli Bank, partnership, small business, sustainability, Uzbekistan, Youth Entrepreneurship
(IN BRIEF) Bentley Motors introduced its new Compact Full Spectrum Driving Simulator, set to be installed at its Dream Factory in Crewe. The innovative simulator, developed by VI-grade, offers a sustainable alternative to physical testing and will significantly reduce the … Read the full press release
(IN BRIEF) Kapsch TrafficCom AG has successfully divested assets not aligned with its strategic core business, yielding total proceeds of nearly EUR 11 million with full realization of variable purchase price components. The sale includes Kapsch TrafficCom’s stake in Traffic … Read the full press release
Posted in Austria, Business, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Financial, Georg Kapsch, investment, Kapsch TrafficCom AG
(IN BRIEF) GTT and PipeChina Engineering Technology Innovation Co. Ltd (PipeChina Innovation) have signed a License Agreement for the utilization of GTT membrane containment technology in onshore LNG storage. This collaboration aims to facilitate the construction of onshore LNG storage … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Adnan Ezzarhouni, GTT, Jiang Changliang, Onshore LNG Storage Solutions, partnership, Philippe Berterottière, PipeChina Innovation, Sang Guangshi, sustainability
(IN BRIEF) Alfa Laval is part of the consortium Molten Salt Storage (MOSS), funded by the Energy Technology Development and Demonstration Program (EUDP), which recently inaugurated the world’s first thermal energy storage system using molten hydroxide salts. This innovative project, … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Alasdair Maciver, Alfa Laval, Denmark, Molten Salt Storage (MOSS), partnership, sustainability, Søren Gade, Thermal Energy Storage System, Thomas Møller
(IN BRIEF) Rheinmetall has secured significant new orders for its plug-and-play heat pump solution, signaling expansion into diverse applications within electromobility. The first order, valued in the high single-digit million euro range, comes from an international expert in electric bus … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged electromobility, heat pump solution, partnership, Rheinmetall
(IN BRIEF) Siemens has finalized the construction of a 200kWp solar farm at the University of York’s Institute for Safe Autonomy, as part of a £1.5 million research endeavor funded by the UK Research Partnership Investment Fund (UKRPIF). This collaborative … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, United Kingdom
Tagged Faye Bowser, partnership, Professor Miles Elsden, Siemens, solar farm, sustainability, UK, University of York
(IN BRIEF) Digital Nasional Berhad (DNB) and Ericsson are joining forces to accelerate the digitalization of enterprises in Malaysia through a pioneering program leveraging the country’s world-leading 5G network. The initiative, formalized through Memorandums of Understanding (MoUs), involves key industry … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G, Börje Ekholm, Datuk Ahmad Zaki Zahid, Digital Nasional Berhad (DNB), digitalization, Dr. Hairi Zamzuri, eMooVit Technology, Ericsson, Intel, Malaysia, Mr David Hägerbro, Mr Vignesh Sakthinathan, Ms AK Chong, Ms Heba Eltarifi, partnership, Scania, SKF Malaysia, YB Gobind Singh Deo
(IN BRIEF) Accenture has announced its acquisition of Parsionate, a leading data consultancy specializing in data products and modern data foundation services, with a focus on industries like retail, industrial, consumer goods, and life sciences. This strategic move aims to … Read the full press release
(IN BRIEF) Accenture, through its renowned creative agency Droga5, has announced the acquisition of SOKO, a leading Brazilian creative agency known for its innovative and culturally resonant brand storytelling. SOKO’s integration into Droga5 São Paulo aims to strengthen the agency’s … Read the full press release
Posted in Art & Culture, Business, Financial, Government, Industrial, Investment, Ireland, Management, Marketing, News, Technology
Tagged Accenture, acquisition, Brazil, Creative Influence, David Droga, Droga5, Eco Moliterno, Felipe Simi, partnership, SOKO
(IN BRIEF) AFRY has joined forces with Assocarta, the Italian paper association, to devise a net-zero roadmap aimed at decarbonizing Italy’s pulp and paper sector. Tasked with aligning strategies with EU directives and local conditions, AFRY will evaluate technological advancements, … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Sweden, Technology
Tagged AFRY, Assocarta, Italy, partnership, pulp and paper industry, sustainability, Visa Moilanen
(IN BRIEF) Aura Minerals has enlisted AFRY to provide comprehensive engineering, procurement, construction management (EPCM), and commissioning services for the Borborema Project’s gold processing plant. The project, located in Currais Novos, Brazil, will operate within Aura’s open-pit mine and is … Read the full press release
(IN BRIEF) Husqvarna Group has once again been honored as a “Climate Leader” by Financial Times for its ongoing commitment to reducing carbon emissions, ranking 74th among thousands of European companies scrutinized. The recognition underscores the company’s dedication to sustainability … Read the full press release
Posted in Awards, Business, Electronics & Machinery, Environment, Industrial, Management, News, Sweden
Tagged 'Climate Leader' Status, Awards, Calle Medin, Husqvarna Group, leadership, sustainability
(IN BRIEF) Royal Philips and Radboud University Medical Center (Radboudumc) have entered a hospital-wide, long-term strategic partnership to provide the latest patient monitoring applications across all Radboudumc departments. This collaboration ensures access to Philips’ patient monitoring portfolio, including continuous software … Read the full press release
Posted in Business, Financial, Healthcare, Industrial, Investment, Management, Netherlands, News, Technology
Tagged Léon Kempeneers, partnership, patient monitoring, Philips, Radboud University Medical Center
(IN BRIEF) Webuild, along with its US subsidiary Lane, has unveiled a pro bono proposal for the reconstruction of Baltimore’s Francis Scott Key Bridge, which collapsed in March, severing a vital link for the city’s port. The proposal, presented to … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Security & Safety, Technology
Tagged Baltimore Bridge, Carlo Ratti, Michel Virlogeux, partnership, Pietro Salini, reconstruction, safety, sustainability, Webuild
(IN BRIEF) Professor Samar Khatiwala from the University of Oxford’s Department of Earth Sciences has developed a groundbreaking algorithm, published in Science Advances, to dramatically reduce the spin-up time required for Earth System Models (ESMs) used in climate change predictions. … Read the full press release
(IN BRIEF) Vattenfall has finalized the transfer of all shares in Vattenfall Wärme Berlin AG, including power plants, grids, subsidiaries, and employees, to the State of Berlin for approximately 1.4 billion euros. This strategic move aligns with Berlin’s goal to … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged acquisition, Berlin, Heating Business, partnership, sustainability, Vattenfall
(IN BRIEF) Boliden, a leading mining and metals company, has taken a groundbreaking step by integrating climate goals validated by the Science Based Targets initiative (SBTi) into its existing revolving credit facilities agreement (RCF). The RCF, totaling EUR 850 million, … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Sweden
Tagged Boliden, climate goals, Financial Agreements, Håkan Gabrielsson, Mining Sector, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) is providing close to €45 million for the implementation of an innovative geothermal heating project, Eavor-LoopTM, in Geretsried, Bavaria. This pioneering project, which received an additional €91.6 million grant from the EU Innovation … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged Bavaria, Daniel Mölk, Eavor-LoopTM, EIB, EU, Geothermal Heating Project, INNOVATION, investment, Nicola Beer, partnership, sustainability, Wopke Hoekstra
(IN BRIEF) European Investment Bank (EIB) President Nadia Calviño, alongside Irish Finance Minister Michael McGrath, announced a landmark €1.6 billion investment in Ireland, the largest in 51 years. The investment, aimed at fostering innovation, sustainability, and economic growth, will impact … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Ireland, Luxembourg, Management, News, Technology
Tagged economy, EIB, INNOVATION, investment, Ireland, Michael McGrath, Nadia Calviño, partnership, sustainability
(IN BRIEF) Ioannis Tsakiris, a former Greek deputy minister with extensive experience in finance and investments, has been appointed to the Management Committee of the European Investment Bank (EIB). Tsakiris, who previously served at the European Investment Fund (EIF) and … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, News
Tagged appointment, Christian Kettel Thomsen, EIB, Ioannis Tsakiris, leadership, management committee, Nadia Calviño
(IN BRIEF) Eviden, a leading business within the Atos Group specializing in advanced computing, introduces its new product line, “BullSequana AI.” This comprehensive offering comprises five AI server ranges tailored for various AI workloads, catering to different needs from edge … Read the full press release
(IN BRIEF) Eviden, a digital, cloud, big data, and security business within the Atos Group, partners with NVIDIA and the University of Maryland, Baltimore County (UMBC) Training Centers to establish a cutting-edge center for applied AI and edge AI training. … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Applied AI Training, Atos, Baltimore County (UMBC), Dan Feldhusen, Eviden, Jon Lau, NVIDIA, partnership, sustainability, University of Maryland
(IN BRIEF) Airbus Helicopters has secured a contract with the Ministry of Defence of Brunei for the procurement of six H145M helicopters. The selection of the H145M underscores its reputation for high performance and versatility, with Brunei aiming to enhance … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Air Force, Airbus, Brunei, Bruno Even, H145M helicopters, partnership
(IN BRIEF) Ørsted’s interim report for the first quarter of 2024 reveals operating profit in line with expectations, with a notable 18% increase in offshore site earnings, attributed to factors such as higher wind speeds and successful project completions. The … Read the full press release
Posted in Business, Denmark, Economy, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Financial, investment, Mads Nipper, offshore wind projects, Ørsted
(IN BRIEF) Omexom UK & RoI and Taylor Woodrow, subsidiaries of VINCI Energies and VINCI Construction respectively, have formed a joint-venture named OTW in the UK. OTW has been selected as a delivery partner for the Great Grid Partnership program, … Read the full press release
(IN BRIEF) The Australian Government has awarded Ocean Winds, a joint venture between ENGIE and EDP Renewables, exclusive development rights for the country’s inaugural offshore wind tender. This milestone grants Ocean Winds a feasibility license for a 150 km2 area … Read the full press release
(IN BRIEF) Daimler Buses’ Omniplus service brand celebrated excellence in bus and coach mechanics and technicians at the BusTech Challenge 2023/24, where over 500 participants from Omniplus service centers across 19 European countries competed. Thomas Schlatter from Switzerland emerged as … Read the full press release
(IN BRIEF) Adyen, a global financial technology platform, has teamed up with Tide, the UK’s top business financial platform, to introduce Tide business accounts in Germany, marking Tide’s entry into the European market. This collaboration signifies Adyen’s debut of its … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Netherlands, News, Small Business, Technology, United Kingdom
Tagged Adyen, Alexa von Bismarck, expansion, Germany, Netherland, Oliver Prill, partnership, SMEs, sustainability, Tide, UK
(IN BRIEF) Arkema has announced its agreement to acquire Dow’s flexible packaging laminating adhesives business, a major player in the industry with annual sales of approximately US$250 million. This acquisition will significantly enhance Arkema’s portfolio in flexible packaging, positioning the … 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)
