(IN BRIEF) The Mercedes-Benz eCitaro G, an all-electric articulated city bus, has been named the Electric Bus Champion of 2024 after excelling in the rigorous comparison test organized by Omnibusspiegel bus magazine in Bonn. This marks the second consecutive victory … Read the full press release
(IN BRIEF) In the first quarter of 2024, Salzgitter AG reported a downturn in performance due to a sluggish economy, particularly affecting its steel-related sectors in Germany. The company achieved an EBITDA of €126.4 million and a pre-tax profit of … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, Metals and Minerals, News
Tagged Birgit Potrafki, economic, Financial, Gunnar Groebler, investment, Salzgitter AG
(IN BRIEF) At the SIMPPAR exhibition in Grasse, France, LANXESS showcased its comprehensive range of high-purity, nature-identical aroma chemicals for the first time, including innovative grades of Kalama benzyl benzoate and other developing aromatic ingredients. Featuring an array of floral, … Read the full press release
Posted in Business, Chemicals, Environment, Financial, France, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Benzyl benzoate, Dr. Michael Zobel, High-Purity Aroma Chemicals, LANXESS, Perfumery, SIMPPAR, sustainability
(IN BRIEF) In the first quarter of 2024, Energiekontor AG, a prominent German developer of wind and solar parks, significantly expanded its portfolio, commissioning two new wind parks with a combined capacity of 29 megawatts, including the Jacobsdorf wind park … Read the full press release
(IN BRIEF) SÜSS MicroTec SE introduces the XBC300 Gen2 D2W/W2W, a groundbreaking hybrid bonding platform designed for both 200 mm and 300 mm substrates, providing versatile wafer-to-wafer (W2W) and die-to-wafer (D2W) bonding capabilities. This platform is specifically tailored for semiconductor … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Dr. Robert Wanninger, Markus Ruff, partnership, semiconductor, SET Corporation SA, SÜSS MicroTec, XBC300 Gen2 D2W/W2W
(IN BRIEF) EDF has successfully signed green bank loans totaling approximately €5.8 billion, with terms ranging from three to five years, facilitated by major international banks such as BNP Paribas and Bank of America. These funds are earmarked specifically for … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, News
Tagged Bank of America, BNP Paribas, Crédit Agricole CIB, EDF, ING, Natixis CIB, nuclear, partnership, SOCIÉTÉ GÉNÉRALE, sustainability, Wells Fargo
(IN BRIEF) Barclays has publicly disputed claims by The Bureau of Investigative Journalism (BIJ) regarding its financing activities, specifically accusing BIJ of inaccurately attributing a disproportionate share of sustainability-linked financing to the bank. BIJ reported that Barclays facilitated $41 billion … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Barclays, sustainability, Sustainable Finance
(IN BRIEF) Barclays is actively financing the transition of the energy sector by implementing strict policies and reducing financed emissions by 44% in the Energy sector and 26% in the Power sector from 2020 to 2023. Despite facing criticism for … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Barclays, Financial, fossil fuel, investments, partnership, sustainability
(IN BRIEF) Telefónica has launched two new NFT collections, ‘Green’ and ‘Carbon’, as part of the Harvverse project, aimed at revolutionizing the coffee industry in Latin America through blockchain technology. These collections comprise 10 NFTs each, representing virtual agricultural assets … Read the full press release
Posted in Agriculture, Business, Environment, Financial, Industrial, Investment, Management, News, Spain, Technology, Telecom
Tagged Coffee Industry, Harvverse Project, NFT Collections, partnership, sustainability, Telefonica, Yaiza Rubio
(IN BRIEF) The Baltic Eagle offshore wind farm, a joint venture between Iberdrola and Masdar, has installed its first turbine, marking the beginning of the final phase of construction. This 476 MW project is set to be fully operational by … Read the full press release
Posted in Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Spain
Tagged Baltic Eagle, Baltic Eagle wind farm, Blue Tern, clean energy, Felipe Montero, Fred. Olsen Windcarrier, Husain Al Meer, Iberdrola, Masdar, Nils de Baar, renewable energy, turbine, Vestas, Wikinger, wind turbines, Windanker
(IN BRIEF) NatWest Social & Community Capital (S&CC), a charity funded by NatWest since 1999 to support social enterprises, is launching a new investment policy known as the ‘Total Impact Approach’. This strategy will guide all investments to generate both … Read the full press release
(IN BRIEF) Pairpoint, a joint venture by Vodafone and Sumitomo Corporation, has partnered with Sony Semiconductors’ Sensos to address rising global supply chain fraud. The collaboration integrates Sensos’ AI-driven supply chain management tools with Pairpoint’s secure Economy of Things (EoT) … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Internet & Online, Security & Safety, Technology, Telecom, Transportation & Logistics, United Kingdom
Tagged Aviv Castro, blockchain-enabled security, combat supply chain fraud, Economy of Things, EoT, fraud prevention, ICL Group, iSIM, Jorge Bento, logistics, Osi Tagger, Pairpoint, Sensos, smart label, Sony Semiconductors, Sumitomo Corporation, supply chain management solution, supply chain solution, Unilog, vodafone
(IN BRIEF) Currys plc has teamed up with Accenture and Microsoft to overhaul its technology infrastructure using advanced AI solutions provided by Microsoft’s Azure OpenAI Service. This strategic move will not only simplify and secure Currys’ tech environment but also … Read the full press release
Posted in Artificial Intelligence (AI), Business, Internet & Online, Retail, Technology, United Kingdom
Tagged Accenture, AI, AI technologies, Alex Baldock, Avanade, Azure OpenAI Service, cloud technology infrastructure, Currys plc, Julie Sweet, Microsoft, Microsoft AI technologies, omnichannel retailer, Ralph Haupter, technology products and services
(IN BRIEF) Eviden, a business division of Atos Group specializing in digital, cloud, big data, and security, announced the opening of its new CloudSecOps Center in Timisoara, Romania. This center is part of Eviden’s expansive global network, which includes four … Read the full press release
Posted in Business, Construction, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania, Security & Safety, Technology
Tagged Chris Moret, Cloud and Security Services, CloudSecOps Center, Dominic Fritz, Eviden, partnership, Romania, Steve Midgley, sustainability
(IN BRIEF) Professor Daniel Arribas-Bel, a member of the University’s School of Environmental Sciences and Department of Geography and Planning, has been awarded the 2024 Taylor & Francis Award by the Royal Geographical Society for his outstanding contribution to teaching … Read the full press release
(IN BRIEF) The University of Liverpool’s Confucius Institute celebrated the 2024 North West England University Confucius’ Dragon Boat Festival with an exciting race at the Livegrpool Watersports Centre. Participating universities, including the University of Manchester, University of Liverpool, Edge Hill … Read the full press release
Posted in Awards, Business, Education, Entertainment, Financial, Industrial, Investment, Management, Media, News, Sports, United Kingdom
Tagged Awards, Confucius' Dragon Boat Festival, Dr Penny Ding, Edge Hill University, North West England University, sport, UCLan, University of Lancaster, University of Liverpool, University of Manchester
(IN BRIEF) Ahead of Mother’s Day, Marias Gamesa has relaunched its digital platform “Cafecito con Marias Gamesa,” in collaboration with the Super Mamás podcast, to foster a supportive community for Latina mothers in the U.S. The initiative responds to findings … Read the full press release
Posted in Business, Financial, Food & Beverage, Industrial, Internet & Online, Investment, Management, Marketing, Media, News, Society, United Kingdom
Tagged "Cafecito con Marias Gamesa", Bricia Lopez, Gustavo Cecilio, Latina Moms, Marias Gamesa, Mexico, Mother’s Day, partnership, Paulina Lopez, PepsiCo
(IN BRIEF) From May 18 to October 20, 2024, the Sainsbury Centre will host “The Camera Never Lies: Challenging Images through The Incite Project,” a pivotal exhibition investigating the truth and manipulation in iconic photography. This exhibit will explore the … Read the full press release
Posted in Art & Culture, Business, Financial, Industrial, Investment, Management, Media, News, United Kingdom
Tagged Don McCullin, Dorothea Lange, Dr Jago Cooper, exhibition, Harriet Logan, photography, Robert Capa, Sainsbury Centre, Stuart Franklin, The Camera Never Lies", Trevor Paglen, Tristan Lund, University of East Anglia
(IN BRIEF) KPN is initiating AI information sessions in its stores to enhance customer understanding and use of artificial intelligence, coinciding with the launch of the Google Pixel 8a. These sessions aim to educate visitors about current and future AI … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Financial, Industrial, Investment, Management, Marketing, Netherlands, News, Technology, Telecom
Tagged AI, Google Pixel 8a, Information Sessions, KPN, Martin Boers
(IN BRIEF) Marel has embarked on a pilot project to utilize green steel, produced using renewable energy and recycled materials, in its manufacturing processes to reduce environmental impact. This initiative is part of Marel’s broader strategy to meet its Science-Based … Read the full press release
Posted in Business, Environment, Financial, Finland, Food & Beverage, Government, Iceland, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Arni Sigurdsson, carbon emissions, Finland, green steel, Iris Tryggvadottir, Marel, Olafur Fridriksson, Outokumpu, partnership, Sjoerd van der Heijden, sustainability
(IN BRIEF) Chicken breast meat, preferred for its health benefits and versatility, dominates markets in North America, Europe, and Oceania, with its popularity on the rise due to its ease of preparation and adaptability in various dishes. As consumer preferences … Read the full press release
Posted in Business, Food & Beverage, Iceland, Industrial, Management, Marketing, News, Retail, Technology
Tagged Chicken Breast Meat, global markets, Growing Dominance, Marel
(IN BRIEF) Airbus has completed the acquisition of U.S.-based Aerovel, integrating the advanced unmanned aerial system (UAS), Flexrotor, into its tactical solutions portfolio. The Flexrotor is a compact, vertical takeoff and landing (VTOL) UAS designed primarily for intelligence, surveillance, target … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, France, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged acquisition, Aerovel, Airbus, Flexrotor, Mathilde Royer, partnership, sustainability, Tactical Unmanned Aerial Capabilities, USA
(IN BRIEF) Hapag-Lloyd has partnered with IKEA Supply Chain Operations to use sustainable biofuels for container shipments from Asia, a significant move towards maritime industry decarbonization. From March 2024 to February 2025, the partnership will utilize Hapag-Lloyd’s “Ship Green 100” … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Transportation & Logistics
Tagged Danny Smolders, Dariusz Mroczek, decarbonize, Hapag-Lloyd, IKEA, maritime shipping, partnership, sustainability
(IN BRIEF) Accenture and Mandiant, a Google Cloud company, have announced a strategic partnership to bolster cyber resilience services aimed at helping organizations better manage and recover from cyberattacks. This collaboration will see Accenture integrating Mandiant Threat Intelligence and expertise … Read the full press release
(IN BRIEF) Digi Communications N.V., a prominent European telecommunications company, will host a conference call on May 15, 2024, at 14:00 UK time / 16:00 EEST to discuss its Q1 2024 financial results. The unaudited financial results will be published … Read the full press release
(IN BRIEF) Olea Global Pte Ltd, a leader in digital infrastructure platforms, has signed a memorandum of understanding with Standard Chartered to bolster small and medium-sized enterprises (SMEs). This strategic partnership aims to develop integrated supply chain solutions and other … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged Amelia Ng, Olea, partnership, SMEs, Standard Chartered, Xie Wen
(IN BRIEF) During a state visit to France by the President of China, TotalEnergies and SINOPEC, represented by their respective leaders Patrick Pouyanné and Ma Yongsheng, signed a strategic cooperation agreement to enhance their collaboration in low-carbon energies. Building on … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has released a report by the Vienna Initiative working group, titled “Greening the financial sector: A Central, Eastern and South-Eastern European perspective.” The report underscores the pivotal role of the financial sector in … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Ambroise Fayolle, Austria, CESEE, Debora Revoltella, EIB, Financial, green transition, partnership, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) has partnered with Valle Umbra Servizi to enhance water service resilience and efficiency across 22 municipalities in Perugia, Italy, with a €35 million green loan under the InvestEU program. This initiative marks the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News
Tagged EIB, Eng. Vincenzo Rossi, Gelsomina Vigliotti, InvestEU program, Italy, partnership, sustainability, Umbria, water services
(IN BRIEF) Georg Stamatelopoulos, the new CEO of EnBW, reflected on the company’s strong financial results for 2023 and affirmed the guidance for 2024 during the Annual General Meeting held virtually from Stuttgart. EnBW, which plans to invest about €40 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged Andreas Schell, EnBW, Financial, Georg Stamatelopoulos, investment, Peter Heydecker
(IN BRIEF) Meisheng Group has initiated operations of a new ANDRITZ needlepunch line at its facility in Shaoxing City, Zhejiang Province, enhancing its production capabilities to meet the rising demand for synthetic suede, especially in New Energy Vehicles (NEVs). This … Read the full press release
Posted in Austria, Automotive, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, CHINA, Meisheng Group, Mr. Qian Guochun, needlepunch line, partnership, sustainability, Synthetic Suede Production
(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
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, Heikki Malinen, investment, Outokumpu
(IN BRIEF) Steffen Hoffmann, an internationally experienced executive with a comprehensive background in finance, will become the new Chief Financial Officer of Aurubis AG on October 1, 2024. He will be succeeding Rainer Verhoeven, who announced his departure effective June … Read the full press release
Posted in Business, Germany, Industrial, Management, Metals and Minerals, News
Tagged Aurubis AG, CFO, Prof. Dr. Fritz Vahrenholt, Rainer Verhoeven, Steffen Hoffmann
(IN BRIEF) Brenntag, the global leader in chemicals and ingredients distribution, announces the expansion of its partnership with Coöperatie Koninklijke Avebe U.A. (“Royal Avebe”) to include the United Kingdom and Ireland. This extension of the distribution agreement provides Brenntag customers … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Ireland, Management, News, Technology, United Kingdom
Tagged Brenntag, Chris Hollebek, Ireland, Jerzy Jasiński, partnership, Potato Starch, protein, Royal Avebe, sustainability, UK
(IN BRIEF) During the Annual General Meeting of Hannover Rück SE, all proposed resolutions were approved. CEO Jean-Jacques Henchoz reflected on the successful financial years of the past strategy cycle, emphasizing the company’s reliability amidst challenges. Moving forward with the … Read the full press release
Posted in Business, Financial, Germany, Industrial, Insurance, Investment, Management, News
Tagged appointment, Dr. Alena Kouba, Dr. Andrea Pollak, Dr. Erhard Schipporeit, Frauke Heitmüller, Hannover Rück SE, Harald Kayser, Jean-Jacques Henchoz, leadership, Natalie Bani Ardalan, Sibylle Kempff, Supervisory Board Members, Timo Kaufmann
(IN BRIEF) Wolters Kluwer Tax & Accounting (TAA) unveils AI-enabled upgrades to CCH® AnswerConnect, its leading tax, accounting, and audit research product. Leveraging GenAI, the platform now offers enhanced natural language Q&A functionality, empowering accounting professionals to efficiently navigate tax … Read the full press release
(IN BRIEF) Wolters Kluwer, a global leader in professional information, software solutions, and services, inaugurates its dedicated AI center, showcasing its ongoing fusion of deep domain expertise with cutting-edge AI technology. Centralizing AI insights, research, and solutions, the center caters … Read the full press release
(IN BRIEF) Saltigo, a subsidiary of LANXESS specializing in exclusive synthesis of active ingredients and intermediates, introduces “Net Zero Custom Manufacturing” to offer sustainable production solutions to potential customers, particularly in the food and agrochemical industries. The initiative focuses on … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged "Net Zero Custom Manufacturing", LANXESS, Michael Schäfer, Saltigo, sustainable production
(IN BRIEF) FORVIA, the world’s seventh-largest automotive technology supplier resulting from the merger of Faurecia and HELLA, receives two Automotive News PACEpilot Innovation to Watch recognitions at the 2024 awards ceremony in Detroit. The accolades celebrate FORVIA’s pioneering contributions to … Read the full press release
Posted in Automotive, Awards, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Automotive News PACEpilot Innovation, Awards, Forvia, Hella, Jörg Weisgerber, Thorsten Muschal
(IN BRIEF) German MAWS GbR, comprised of ESG Elektroniksystem- und Logistik-GmbH, HENSOLDT Sensors GmbH, and Diehl Defence GmbH & Co. KG, secures the contract for the second national supplementary study for the Franco-German Maritime Airborne Warfare System (MAWS) project. MAWS … Read the full press release
Posted in Artificial Intelligence (AI), Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Diehl Defence GmbH & Co. KG, ESG Elektroniksystem- und Logistik-GmbH, Franco-German Maritime Airborne Warfare System, Hensoldt Sensors GmbH, MAWS GbR, partnership
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
