(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Swiss government are teaming up to provide €2.7 million towards the completion of vital water projects in Fayzobod, Tajikistan. This financial package will support upgrades to water supply … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, United Kingdom
Tagged EBRD, investment, Odile Renaud-Basso, partnership, sustainability, Swiss Government, Switzerland, Tajikistan, water infrastructure
(IN BRIEF) LANXESS is set to showcase its latest advancements in water treatment and recycling technologies at IFAT 2024 in Munich, from May 13 to 17, 2024. The company will spotlight solutions for PFAS removal, battery recycling, and PEM electrolysis … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged IFAT 2024, innovative solutions, LANXESS, Michael Rockel, recycling, sustainability, water treatment
(IN BRIEF) TikTok and CTS EVENTIM have joined forces to introduce a new feature enabling artists to enhance their live ticket sales by engaging with millions of users on the platform. This collaboration empowers artists to promote their tour dates … Read the full press release
Posted in Business, Entertainment, Financial, Germany, Government, Industrial, Investment, Management, Marketing, Media, News, United Kingdom
Tagged Alexander Ruoff, CTS EVENTIM, Live Event Ticket Sales, Michael Kümmerle, partnership, TikTok
(IN BRIEF) Bayer and Evotec have updated their strategic collaboration to focus on developing precision treatments for cardiovascular diseases (CVDs). Leveraging Evotec’s expertise in disease modelling using human induced pluripotent stem cells (iPSCs), the collaboration aims to identify and validate … Read the full press release
Posted in Business, Education, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Bayer, Cardiovascular Therapies, Dr Cord Dohrmann, Dr. Christian Rommel, Evotec, Juergen Eckhardt, partnership, sustainability
(IN BRIEF) AIXTRON SE, a leading provider of deposition equipment to the semiconductor industry, has announced the appointment of Christian Ludwig as its new Vice President of Investor Relations. With extensive experience in the semiconductor industry and a background in … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Technology
Tagged AIXTRON, appointment, Carsten Werle, Christian Danninger, Christian Ludwig, Investor Relations Team, leadership
(IN BRIEF) MTU Aero Engines AG announced positive financial results for the first quarter of 2024, with adjusted revenue reaching €1.67 billion, marking an 8% increase compared to the same period in 2023. Despite facing challenges in the Geared Turbofan™ … Read the full press release
Posted in Aviation & Aerospace, Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Financial, investment, Lars Wagner, MTU Aero Engines, Peter Kameritsch
(IN BRIEF) Vonovia SE, based in Bochum, Germany, began the year with robust operating results, marking a positive start to 2024. The company’s core segment, Rental, saw a notable increase in its EBITDA contribution, reaching €592.9 million during the first … Read the full press release
Posted in Business, Economy, Environment, Financial, Germany, Industrial, Investment, Management, News, Real Estate
Tagged Financial, investment, Philip Grosse, Rolf Buch, sustainability, Vonovia SE
(IN BRIEF) A team from Mercedes-Benz Special Trucks conducted a two-week winter test with four Unimog vehicles along the Grossglockner High Alpine Road. As part of the Mercedes-Benz Special Trucks Alpine testing program, they assisted Großglockner Hochalpenstraßen AG in clearing … Read the full press release
(IN BRIEF) Ahold Delhaize, a major retail company, has repurchased 1,238,807 of its common shares between April 22, 2024, and April 26, 2024, as part of its ongoing €1 billion share buyback program announced in November 2023. The shares were … Read the full press release
Posted in Business, Economy, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail
Tagged Ahold Delhaize, Financial, investment, Shares Buyback Program
(IN BRIEF) Uniper, a prominent energy company, has released its eighth Sustainability Report and its inaugural Climate Transition Plan, signifying a pivotal shift towards sustainability. The Climate Transition Plan outlines Uniper’s trajectory towards achieving carbon neutrality by 2040, ten years … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Management, News
Tagged Human Rights Commitment, sustainability, Uniper
(IN BRIEF) The Axel Springer Prize for Young Journalism, renowned for recognizing exceptional journalistic talent, this year introduced a new category, “Future,” focusing on works related to artificial intelligence (AI) or produced with AI support. The awards ceremony celebrated young … Read the full press release
(IN BRIEF) Kapsch TrafficCom has been awarded a contract by the Swiss Federal Office for Customs and Border Security (BAZG) to provide and manage the heavy goods vehicle (HGV) road fee collection system until at least the end of 2032. … Read the full press release
(IN BRIEF) Euronext, the leading pan-European market infrastructure, celebrates a significant milestone as S&P upgrades its rating from ‘BBB+, Stable Outlook’ to ‘BBB+, Positive Outlook’. This decision reflects Euronext’s successful integration of the Borsa Italiana Group, expansion of Euronext Clearing, … Read the full press release
Posted in Belgium, Business, Economy, Financial, France, Government, Industrial, International Trade, Investment, Ireland, Italy, Management, Netherlands, News, Norway, Portugal
Tagged BBB, Euronext, Financial, investment, S&P Rating Upgrade, Stéphane Boujnah
(IN BRIEF) Rheinmetall, in collaboration with the municipality of Nörvenich and Westenergie AG, has initiated a pilot project to trial curb chargers on public roads in Nörvenich. This project aims to integrate Rheinmetall’s curb chargers into the municipality’s infrastructure, providing … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Christoph MÜLLER, Dr. Stefan Küppers, Dr. Timo Czech, Innovative Curb Charger Pilot Project, Nörvenich, partnership, Rheinmetall, sustainability, Westenergie AG
(IN BRIEF) FUCHS SE has begun the financial year 2024 with positive results, despite a 6% decrease in sales revenues to EUR 877 million, attributed to price adjustments and negative currency effects. However, the company saw a 4% increase in … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged Financial, FUCHS SE, investment, Stefan Fuchs, sustainability
(IN BRIEF) EVBox, a global leader in electric vehicle (EV) charging solutions, has unveiled its Impact Report 2023, showcasing the company’s dedication to sustainability and responsible business practices. The report highlights EVBox’s progress throughout 2023, emphasizing its commitment to environmental, … Read the full press release
Posted in Automotive, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Transportation & Logistics
Tagged EVBox, Financial, investment, Remco Samuels, sustainability
(IN BRIEF) Vattenfall’s financial report for January-March 2024 highlights a 21% decrease in net sales, offset by a 45% increase in underlying operating profit and a 27% increase in operating profit. Profit for the period surged by 43%, indicating robust … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Sweden
Tagged Andreas Regnell, Anna Borg, Financial, investment, Kerstin Ahlfont, renewable energy, Vattenfall
(IN BRIEF) Renewable energy company Drax has selected international technology group ANDRITZ as the main contractor for the upgrade of its Cruachan pumped storage power plant in Scotland. The project entails the installation of two new generating units, including pump … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Andritz, Cruachan Pumped Storage Plant, Dominik Fust, Drax, partnership, Penny Small, Renewable Energy Capacity, sustainability, UK
(IN BRIEF) International technology group ANDRITZ has completed the upgrade of the combustion system on a through-air drying (TAD) tissue machine at Essity’s paper mill in Prudhoe, marking the third such upgrade for the global hygiene and health company. The … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Andritz, Essity, Gianni Pellini, Lee Mc Donald, paper mill, partnership, Prudhoe, sustainability, Sweden
(IN BRIEF) Bechtle AG is strategically positioning the Rostock location as a hub for innovative AI applications in collaboration with Planet AI, largely due to the proximity to the University of Rostock. The partnership, backed by a cooperation agreement since … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) has committed to guaranteeing over €100 million in financing through three intermediaries in Germany and Spain. Aimed at providing better access to education and training for underprivileged students and learners, the initiative is … Read the full press release
Posted in Banks, Business, Economy, Education, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Spain
Tagged Education, EIF, European Commission, Germany, investment, Margaritis Schinas, Marjut Falkstedt, partnership, Spain, Underprivileged Students
(IN BRIEF) Eurex, on April 29, 2024, introduced a new Green Bond Basket within its GC Pooling segment, aimed at enhancing liquidity and efficiency in the European repo market for green bonds. This addition expands upon the existing three Green … Read the full press release
(IN BRIEF) Last Friday, NMB Bank Plc celebrated the listing of its dual-currency sustainability bond, named the NMB Jamii bond, on the Luxembourg Stock Exchange (LuxSE). The bond, showcased on the Luxembourg Green Exchange (LGX), raised approximately USD 157 million … Read the full press release
(IN BRIEF) CapMan Nordic Infrastructure II fund has reached its final closing at over €375 million, marking a significant milestone in its journey since its establishment in 2022. Managed by a team of 13 professionals based in Helsinki and Stockholm, … Read the full press release
Posted in Business, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged CapMan, investment, Nordic Infrastructure II Fund, Ville Poukka
(IN BRIEF) AstraZeneca and Daiichi Sankyo’s Enhertu, a HER2-directed antibody drug conjugate (ADC), has demonstrated significant progress in treating HER2-low and HER2-ultralow metastatic breast cancer following one or more lines of endocrine therapy. The high-level results from the DESTINY-Breast06 Phase … Read the full press release
Posted in Business, Education, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Security & Safety, Technology, United Kingdom
Tagged AstraZeneca, Breast Cancer Patients, Daiichi Sankyo, DESTINY-Breast06, Enhertu, HER2-Low, HER2-Ultralow, Ken Takeshita, partnership, safety, Susan Galbraith
(IN BRIEF) AstraZeneca’s Truqap, in combination with Faslodex, has received a positive recommendation from the European Medicines Agency (EMA) for treating estrogen receptor-positive, HER2‑negative locally advanced or metastatic breast cancer with specific genetic alterations. The recommendation follows promising results from … Read the full press release
(IN BRIEF) Ørsted, a global leader in renewable energy, is divesting its French onshore operations to ENGIE as part of its strategic realignment towards key European markets for onshore renewables. The share purchase agreement includes the sale of OSTWIND International … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged ENGIE, France, Kieran White, onshore renewables, partnership, sustainability, Ørsted
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending an additional loan of US$25 million in Turkish lira to Bunge Gıda to support their working capital needs while expanding training opportunities for women olive farmers in Turkey. … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Turkey, United Kingdom
Tagged Bunge Gıda, EBRD, Empower Women Farmers, Olive Sector, partnership, sustainability, Turkey
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is bolstering Mongolia’s healthcare sector with a $43.2 million sovereign loan and a €5 million capital grant to the Government of Mongolia for the construction of a modern 250-bed hospital … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged EBRD, investment, Mongolia, partnership, sustainability, Sustainable Healthcare
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has acquired an indirect minority stake in the renowned Polish cosmetics brand Bielenda through a €33.9 million investment in its holding company, Innova Central Holding SCA, alongside private equity fund … Read the full press release
Posted in Apparel, Fashion & Beauty, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Poland, United Kingdom
Tagged acquisitions, Bielenda, EBRD, Elisabetta Falcetti, Innova Capital, Leszek Muzyczyszyn, Marek Bielenda, partnership, Poland, sustainability, Tamas Nagy
(IN BRIEF) Infineon Technologies AG, in partnership with ETAS, introduces an advanced solution bundle integrating the ESCRYPT CycurHSM 3.x Automotive Security Software Stack into the AURIX™ TC4X Cybersecurity Real-time Module (CSRM). This collaboration aims to meet the escalating demand for … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged automotive, Cybersecurity, ETAS, Infineon, partnership, Rohan Pandit, Thomas Schneid
(IN BRIEF) Gasum Group’s financial review for the first quarter of 2024 reflects significant volume growth, particularly in the maritime and traffic segments, with sales volumes increasing by 73 percent compared to the same period in 2023. Despite a decrease … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, News
Tagged Financial, Gasum Group, investment, Mika Wiljanen
(IN BRIEF) Stora Enso’s Skutskär biomaterials production site in Sweden, known for its sustainable practices, has embarked on a groundbreaking pilot project aimed at capturing biogenic CO2 emissions from pulp production, marking a significant step towards climate-positive operations. With a … Read the full press release
Posted in Business, Construction, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Biogenic CO2 Capture, Christer Nordstrand, Climate-Positive Operations, partnership, Skutskär Site, Stora Enso, sustainability
(IN BRIEF) Husqvarna Group, a leading provider of outdoor power products, has achieved a remarkable milestone by halving its absolute CO2 emissions compared to the 2015 baseline year, surpassing its sustainability targets. Despite a significant increase in sales by 47%, … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Finland, Industrial, Investment, Management, News, Technology
Tagged Calle Medin, CO2 emissions, Husqvarna Group, sustainability
(IN BRIEF) Royal Philips has released its Q1 2024 results, showcasing a mixed performance marked by steady sales growth, significant litigation settlements, and ongoing operational challenges. Despite a 2.4% increase in group sales, comparable order intake saw a decline of … Read the full press release
Posted in Business, Economy, Electronics & Machinery, Financial, Healthcare, Industrial, Investment, Management, Netherlands, News, Technology
Tagged Abhijit Bhattacharya, Financial, investment, Philips, Roy Jakobs
(IN BRIEF) SSAB and Nordec have entered into a crucial agreement aimed at streamlining the supply chain for fossil-free steel, a significant step towards achieving SSAB’s goal of delivering fossil-free steel to the market by 2026. The collaboration entails SSAB … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Sweden, Technology
Tagged Finland, fossil-free, Kalle Luoto, Lotta Ruottinen, Nordec, partnership, SSAB, Steel Supply Chain, sustainability
(IN BRIEF) Professor Angela Schoellig from the Technical University of Munich (TUM) has harnessed the power of ChatGPT to develop choreographies for swarms of drones synchronized to music, while implementing an additional safety filter to prevent mid-air collisions. This innovative … Read the full press release
(IN BRIEF) Wood, a prominent consulting and engineering firm, has named Jennifer Richmond as its Chief Strategy Officer (CSO) to spearhead strategic growth initiatives. Richmond, who previously served as Executive President of Strategy and Development at Wood, brings a wealth … Read the full press release
(IN BRIEF) Airbus has announced the launch of the Pléiades Neo Next program, aimed at expanding its high-resolution Earth observation constellation. This initiative will introduce new satellite assets and capabilities, including improved native resolution, to augment the existing Pléiades Neo … Read the full press release
(IN BRIEF) DeLaval, a Swedish-based dairy and farming machinery producer under the Tetra Laval Group, has opted for SAP S/4HANA Cloud to revolutionize its ERP system as part of a comprehensive company-wide overhaul. By embracing cloud technology, DeLaval aims to … 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)
