Search Results for: Eni

Italian and French Navies Test Cyber Resilience in Tyrrhenian Sea

(IN BRIEF) In a groundbreaking exercise conducted during the Mare Aperto 24/Polaris operation, the Italian and French navies assessed the cyber resilience of their platform system networks aboard the Italian Navy’s aircraft carrier Cavour in the Tyrrhenian Sea. Spearheaded by … Read the full press release

Fresenius AGM: Shareholders Overwhelmingly Back #FutureFresenius Agenda

(IN BRIEF) At the Annual General Meeting in Frankfurt am Main, shareholders of Fresenius SE & Co. KGaA overwhelmingly approved proposals from the General Partner and the Supervisory Board. Chairman of the Supervisory Board, Wolfgang Kirsch, commended Fresenius’ resilience amidst … Read the full press release

IFC and Italian Climate Fund Invest $210 Million in Eni’s Kenya Biofuel Expansion

(IN BRIEF) In a joint effort, the International Finance Corporation (IFC) and the Italian Climate Fund have announced a substantial investment of $210 million into Eni S.p.A.’s Kenya subsidiary to bolster the production and processing of advanced biofuels. This investment, … Read the full press release

Green Light for Henri Hotel, Restaurants and Shops in the “Alter Fischereihafen” (Old Fishing Port) in Cuxhaven, opening Summer 2026

(IN BRIEF) The project to revitalize Cuxhaven’s historic “Alter Fischereihafen” (Old Fishing Port) has moved forward with the approval of the first construction phase. This phase involves converting the former fish market and processing halls (Fischhallen V and VI) into … Read the full press release

Outokumpu Ups EBITDA Improvement Goal to €350 Million, Strengthening Market Position

(IN BRIEF) Outokumpu, in a robust advancement of its strategic plan, has increased its EBITDA run-rate improvement target by €150 million to €350 million, aiming to bolster its competitiveness in the stainless steel industry. Achieving its initial target ahead of … Read the full press release

Rheinmetall Launches Innovative Curb Charger Pilot Project in Nörvenich

(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

Stora Enso’s Skutskär Site Initiates Pilot Project for Biogenic CO2 Capture, Pioneering Climate-Positive Operations

(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

CNP Assurances Enters Negotiations to Sell Insurance Operations in Cyprus and Greece to Hellenic Bank

(IN BRIEF) CNP Assurances has initiated exclusive negotiations with Hellenic Bank for the sale of its insurance operations in Cyprus and Greece. These operations, conducted through CNP Cyprus Insurance Holdings (CIH), represent a small fraction of CNP Assurances Group’s total … Read the full press release

Eni’s Q1 2024 Results Show Accelerated Growth and Strategic Portfolio Transformation

(IN BRIEF) Eni’s Board of Directors, under the leadership of Giuseppe Zafarana, approved the unaudited consolidated results for Q1 2024, showcasing an accelerated transformation of the company’s portfolio. CEO Claudio Descalzi highlighted key achievements, including the acquisition of Neptune Energy … Read the full press release

Svenska kraftnät Awards AFRY Contract for Strengthening Transmission Capacity

(IN BRIEF) Svenska kraftnät, the Swedish state-owned enterprise, is embarking on an ambitious project called NordSyd to enhance the transmission network between electricity areas 2 and 3, aimed at facilitating the energy transition. AFRY has secured the contract for constructing … Read the full press release

Ingka Group Expands Globally with New IKEA Store Openings in Switzerland and China

(IN BRIEF) Ingka Group, the leading IKEA retailer, is embarking on an ambitious expansion journey by opening new IKEA stores and customer meeting points in various locations worldwide. In Switzerland, a modern IKEA store opened in Riddes, featuring innovative sustainability … Read the full press release

Schroders Capital Expands PDCA Business with Key Senior Appointments

(IN BRIEF) Schroders Capital’s Private Debt and Credit Alternatives (PDCA) division has announced the addition of two senior professionals to its team, signaling the firm’s commitment to meeting the growing client demand for income and income alternatives. Jason Kezelman joins … Read the full press release

RWE Embarks on Wind Farm Construction in Inden, Driving Renewable Energy Growth in Rhenish Lignite Area

(IN BRIEF) RWE, a key player in renewable energy, has commenced the construction of a new wind farm in the Rhenish lignite region, marking another milestone in the area’s energy transition. Set on recultivated land in the Inden opencast mine, … Read the full press release

Repsol’s Green Evolution: Partnering with Genia Bioenergy to Pioneer Biomethane Industry

(IN BRIEF) Repsol has embarked on a strategic alliance by acquiring a 40% shareholding in Genia Bioenergy, marking its entry into the burgeoning biomethane market. This partnership aims to leverage Genia Bioenergy’s expertise in biogas and biomethane value chain integration, … Read the full press release

Aegon Unveils EUR 35 Million Share Repurchase Initiative to Fulfill Senior Management Compensation Obligations

(IN BRIEF) Aegon has announced a plan to repurchase common shares worth EUR 35 million to fulfill obligations related to share-based compensation plans for senior management. The repurchased shares will be held as treasury shares until allocated to plan participants. … Read the full press release

Thales Alenia Space Secures €522m Contract for ExoMars 2028 Mission

(IN BRIEF) Thales Alenia Space, a joint venture between Thales and Leonardo, has clinched a significant framework contract with the European Space Agency (ESA) worth €522m for the continuation of crucial activities towards the ExoMars 2028 mission. The mission, slated … Read the full press release

Roland Berger Expands Presence in Abu Dhabi, Strengthening Commitment to Regional Growth

(IN BRIEF) Roland Berger, a global management consultancy, opens a new office in Abu Dhabi’s ADGM financial district, expanding its regional presence to five offices. The move reflects Roland Berger’s commitment to Abu Dhabi’s economic growth and diversification efforts. The … Read the full press release

Deutsche Bank Secures 400 Million SGD in Senior Non-Preferred Notes, Further Broadening Investor Base

(IN BRIEF) Deutsche Bank has successfully raised 400 million Singapore Dollars (SGD) in senior non-preferred notes, marking its second venture into the SGD market. The funds will be used for general corporate purposes. Jonathan Blake, Deutsche Bank’s Head of Issuance … Read the full press release

UniCredit Joins Venice Sustainability Foundation as Co-Founding Member

(IN BRIEF) UniCredit has announced its partnership with the Fondazione Venezia Capitale Mondiale della Sostenibilità (Venice Sustainability Foundation), becoming a co-founding member. With a commitment to fostering sustainability in Venice and its metropolitan region, UniCredit aims to address the complex … Read the full press release

Team Europe Delegation Commits €166 Million for Benin’s Development Agenda

(IN BRIEF) A high-level Team Europe delegation recently concluded an official visit to Benin, solidifying the country’s partnership with the European Union through the signing of finance contracts totaling €166 million. Led by senior leaders of European institutions and development … Read the full press release

Fresenius Medical Care Introduces Groundbreaking AR Training for ICU Staff

(IN BRIEF) Fresenius Medical Care (FME), a global leader in renal disease solutions, unveils a pioneering Augmented Reality (AR) application aimed at revolutionizing training for Intensive Care Unit (ICU) nursing staff. The AR glasses, coupled with digital learning modules, offer … Read the full press release

AFFECT-EU Urges Routine Atrial Fibrillation Screening for At-Risk Patients

(IN BRIEF) The AFFECT-EU project, culminating in its final event in Brussels, recommends routine atrial fibrillation (AF) screening for individuals at risk, emphasizing its potential to prevent strokes and improve outcomes. Led by Professor Renate Schnabel, the project advocates for … Read the full press release

University of Exeter Academics Honored with NIHR Senior Investigator Status for Outstanding Research Contributions

(IN BRIEF) Two esteemed academics at the University of Exeter, Professor Vicki Goodwin MBE and Professor G.J. Melendez-Torres, have been granted the prestigious National Institute for Health and Care Research (NIHR) Senior Investigator status, underscoring their exceptional research endeavors. Their … Read the full press release

Thales Alenia Space Chosen by ESA to Lead European Consortium for Harmony Mission

(IN BRIEF) Thales Alenia Space has been selected by the European Space Agency (ESA) to spearhead a wide-ranging European industrial consortium for the Harmony mission, leveraging its extensive expertise in radar-based Earth observation satellites. This partnership aims to develop the … Read the full press release

Eurojust Welcomes Iceland’s Inaugural Liaison Prosecutor, Strengthening Transnational Legal Partnerships

(IN BRIEF) Ms Kolbrún Benediktsdóttir has commenced her tenure as the first Liaison Prosecutor for Iceland at Eurojust, marking a significant step in legal cooperation between Iceland and the European Union. With her appointment, Iceland joins eleven other countries with … Read the full press release

EQT Welcomes Sir Alok Sharma as Senior Advisor on Geopolitical and Economic Trends

(IN BRIEF) EQT, a leading private equity firm, appoints the Right Honorable Sir Alok Sharma KCMG as Senior Advisor on geopolitical topics and economic trends, leveraging his extensive experience in sustainability. Sir Alok, former President of the 2021 United Nations … Read the full press release

Boehringer Ingelheim and Sosei Heptares Forge Global Collaboration to Pioneer Precision Treatment for Schizophrenia

(IN BRIEF) Boehringer Ingelheim and Sosei Group Corporation (Sosei Heptares) have unveiled a global collaboration and exclusive option-to-license agreement aimed at advancing the development and commercialization of Sosei Heptares’ portfolio of first-in-class GPR52 agonists. The focus of this collaboration lies … Read the full press release

Eni Foundation Launches Mobile Clinics Initiative to Enhance Healthcare in Remote Algerian Regions

(IN BRIEF) Eni Foundation, in collaboration with the Algerian Ministry of Health, Population and Hospital Reform, has initiated a project aimed at bolstering healthcare services in remote regions of Algeria. The endeavor, unveiled during a ceremony in Algiers, saw the … Read the full press release

Eni, Plenitude, and Energy Infrastructure Partners Finalize Investment Agreement

(IN BRIEF) Eni, Plenitude, and Energy Infrastructure Partners (EIP) have concluded their investment agreement, with EIP acquiring a 7.6% stake in Plenitude through a capital increase of €588 million. This transaction, initially announced in December 2023, marks a significant milestone … Read the full press release

Thales Alenia Space Selected for Mars Ice Mapper Communications Development

(IN BRIEF) Thales Alenia Space has been contracted by the Italian Space Agency (ASI) to develop the communications subsystem for the International Mars Ice Mapper (I-MIM) mission. The mission aims to identify and measure water ice on Mars. Thales Alenia … Read the full press release

Continuity and Strategy: Fresenius Management SE Proactively Extends CFO Sara Hennicken’s Mandate

(IN BRIEF) Fresenius Management SE has extended Sara Hennicken’s term as Chief Financial Officer (CFO) until 2027, two years earlier than planned, to ensure continuity in advancing the #FutureFresenius strategy. Hennicken, who joined Fresenius in 2019, has been instrumental in … Read the full press release

Fresenius Medical Care Employees Garner Prestigious Awards for Contributions to Renal Health

(IN BRIEF) Fresenius Medical Care, a leading provider of products and services for renal diseases, celebrates International Women’s Day by honoring three exceptional employees for their outstanding achievements. Ana Catalina Alvarez Elias, a Research Scientist, has been recognized as an … Read the full press release

FDA Gives Nod to Fresenius Kabi’s Tyenne®: A Dual-Format Tocilizumab Biosimilar Advancement

(IN BRIEF) Fresenius Kabi announces FDA approval of Tyenne® (tocilizumab-aazg), the first tocilizumab biosimilar offering both IV and subcutaneous formulations. This marks a significant milestone in the company’s growth strategy (#FutureFresenius) and expands treatment options for inflammatory, autoimmune diseases, and … Read the full press release

EBRD and EU-Funded Program Propel Alaska Hotel’s Sustainability Drive in Tsaghkadzor, Armenia, with Solar Investment

(IN BRIEF) Nestled in Tsaghkadzor, Armenia’s popular health resort, the Alaska Hotel is attracting visitors with its renowned Armenian hospitality and a commitment to sustainability. With support from the European Bank for Reconstruction and Development (EBRD) and the European Union … Read the full press release

Genetic Study Reveals Potential for Tailored Breast Cancer Screening

(IN BRIEF) A recent genetic study conducted by researchers at the University of Helsinki suggests that genetic risk information could revolutionize breast cancer screening, potentially benefiting one in ten women. The study indicates that a comprehensive genetic risk profile could … Read the full press release

Dr. Denis Hinz Appointed as New Head of SGL Carbon’s Carbon Fibers Business Unit

(IN BRIEF) Effective March 1, 2024, Dr. Denis Hinz will assume the role of Head of SGL Carbon’s Carbon Fibers Business Unit, succeeding Roland Nowicki, who will depart from the company on May 31, 2024, to pursue new endeavors. Nowicki, … Read the full press release

Leading Healthcare Giant Fresenius Establishes ESG Advisory Board

(IN BRIEF) Fresenius, a global healthcare group, has appointed an independent advisory board to focus on sustainability issues. Comprising four experts from various fields, the board will support the development of Fresenius’ sustainability strategy. This move reflects Fresenius’ commitment to … Read the full press release

Plenitude’s New Ravenna Ponticelle Photovoltaic Plant Energizes Industrial Regeneration

(IN BRIEF) Plenitude, Eni’s Benefit Corporation focusing on renewable energy production and energy solutions, announces the operational status of the Ravenna Ponticelle photovoltaic plant, boasting a 6 MW installed capacity. Situated on 11 hectares of industrial land, the plant features … Read the full press release

Thales Alenia Space Launches Merah Putih-2 Satellite, Aiding Digital Expansion in Indonesia

(IN BRIEF) The Merah Putih-2 telecommunications satellite, formerly known as Telkomsat HTS 113BT, was successfully launched from Cape Canaveral, Florida, atop a SpaceX Falcon9 rocket. Designed to bolster connectivity infrastructure across Indonesia, the satellite aims to enhance digital businesses and … Read the full press release

Fresenius Projects Robust Earnings Growth in 2024 Following Successful 2023

(IN BRIEF) Fresenius had a strong finish in 2023, with a robust fourth quarter performance. They project accelerated earnings growth in 2024 due to the momentum from their #FutureFresenius initiatives. Achieving their raised outlook for FY/23, the company saw continued … Read the full press release