(IN BRIEF) Volkswagen Group’s volume brands, Volkswagen, Škoda, SEAT/CUPRA, and Volkswagen Commercial Vehicles, have published a quarterly report for the first time, showing their positive performance in the first quarter of 2023. The report reflects a doubling of operating profit … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Management
Tagged CUPRA, full-electric vehicles, Operating profit, SEAT, ŠKODA, Thomas Schäfer, Volkswagen, Volkswagen Commercial Vehicles, Volkswagen Group
(IN BRIEF) CARIAD, Volkswagen Group’s software subsidiary, has announced a comprehensive realignment plan to accelerate execution of the E³ platforms, develop software-defined vehicles (SDV), and intensify technology partnerships with tech players. Peter Bosch, former Member of the Board for Manufacturing … Read the full press release
Posted in Automotive, Germany, Industrial, Management, Technology
Tagged appointment, Bentley, CARIAD, Michael Steiner, Peter Bosch, restructuring, Scout Motors, SDV, software-defined vehicles, Volkswagen AG, Volkswagen Group
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a loan of €25 million to Mav Elektrik, a Turkish energy company, to replace loans that funded the construction of the Arikcayiri biomass power plant. The plant is … Read the full press release
(PRESS RELEASE) BUCHAREST, Romania, 8-May-2023 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on 15 May 2023 at 14:00 UK time/16:00 EEST (Romania local time) it will host a conference call to discuss the Q1 2023 … Read the full press release
(IN BRIEF) Rheinmetall has secured a €125 million order from the Royal Australian Navy and the Commonwealth of Australia for the Multi Ammunition Softkill System (MASS), which will initially be used to equip Hobart-class destroyers and ANZAC-class frigates. The first … Read the full press release
Posted in Automotive, Business, Defence, Germany, Government, Industrial, Management, News, Security & Safety
Tagged Martin Fegg, MASS, Nathan Poyner, Rheinmetall, Royal Australian Navy, ship protection
(IN BRIEF) BBVA in Colombia and Bancamía, an entity of the BBVA Microfinance Foundation, have announced that the Transforming Realities Scholarship will support 100 vulnerable young people in Colombia to pursue university studies. The initiative benefits the children of Bancamía’s … Read the full press release
Posted in Financial, Management, News, Spain
Tagged BBVA, Carlos Torres Vila, Colombia, Mario Pardo, Mario Pardo Bayona, Microfinance Foundation, scholarship, Viviana Araque Mendoza, YOUTH
(IN BRIEF) ERG, via its subsidiary ERG Spain HoldCo SLU, has signed an agreement to acquire a 100% stake in Garnacha Solar SL from IBV Solar Parks, BV, a company of the German group ib vogt GmbH. The solar power … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Italy, Management, News
Tagged acquisition, ERG, IBV Solar Parks, Paolo Merli, solar power plant, Spain
(IN BRIEF) Dr. Andreas Mattner, the Managing Director of ECE Development & Consulting, will be leaving ECE on May 31, 2023, as planned, due to reasons of age. He played a significant role in building ECE’s division for the development … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Real Estate
Tagged Alexander Otto, Andreas Mattner, ECE, Managing Director
(IN BRIEF) Hexagon, along with its partner Beneath The Waves, has been awarded the Geospatial World Leadership Award in the Advancing Sustainability category for its Blue Carbon initiative in The Bahamas. The initiative uses Hexagon’s bathymetry solutions to produce multidimensional, … Read the full press release
Posted in Awards, Environment, Industrial, Management, News, Switzerland
Tagged Beneath The Waves, Blue Carbon, David Harris, Erik Josefsson, Geospatial World Leadership Award, Hexagon
(IN BRIEF) The European Investment Bank (EIB) has provided a €360 million loan to TIM, an Italian telecommunications company, to support the expansion of 5G coverage across Italy by the end of 2025 using the 700 MHz bands. The loan, … Read the full press release
Posted in Banks, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Technology, Telecom
Tagged 5G coverage, Bernardo Attolico, digitalisation, EIB, Garanzia Italia, Gelsomina Vigliotti, Italy, loan, Pietro Labriola, SACE guarantee, The European Investment Bank, TIM
(IN BRIEF) Infineon Technologies AG has released its range of CoolGaN devices to the broader market, following the successful integration of the CoolGaN 600 V HD-GIT technology into its in-house manufacturing. The expanded GaN portfolio includes a wide range of … Read the full press release
Posted in Electronics & Machinery, Germany, Industrial, Technology
Tagged adapters, chargers, CoolGaN™ 600 V, GaN devices, HD-GIT, hybrid-drain-embedded gate injection transistor, Infineon Technologies AG, JEDEC standards, JESD22, JESD47, led lighting systems, motor drives, PCIM Europe 2023, servers, TV/monitor
(IN BRIEF) Infineon Technologies AG has launched its latest generation of power MOSFETs for automotive applications, called the OptiMOS 7 40V MOSFET family. These MOSFETs combine thin-wafer technology with innovative packaging to deliver significant performance benefits in tiny packages, making … Read the full press release
(IN BRIEF) On Girls’ and Boys’ Day in Germany, SGL Carbon opened its doors to interested children and young people at its sites in Bonn and Meitingen. Nine children in Bonn and six visitors in Meitingen were welcomed by the … Read the full press release
Posted in Chemicals, Education, Germany, Management, Metals and Minerals, News
Tagged carbon, CHILDREN, Girls' and Boys'Day, graphite, SGL Carbon
(IN BRIEF) EnBW, a German energy company, has reported a significant increase in its first-quarter operating result, with a Group adjusted EBITDA of €2.8 billion, compared to €1.2 billion generated in the same period last year. The earnings growth was … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Infrastructure & Utilities, Management, News
Tagged EnBW, finacial, Financial, infrastructure
(IN BRIEF) EnBW, a German energy company, has opened a new fast-charging station with a solar canopy near the A7 autobahn. With 32 high-power charging (HPC) points, it is one of the largest fast-charging stations in Germany, and EnBW’s second-largest. … Read the full press release
(IN BRIEF) Thales has partnered with Nozomi Networks to install network sensors at sites worldwide, providing dedicated and non-intrusive network supervision to enhance industrial cybersecurity and improve incident detection and response. The partnership expands Thales’s expertise in network monitoring and … Read the full press release
Posted in Business, France, Industrial, Infrastructure & Utilities, Management, News, Security & Safety, Technology
Tagged Industrial Cybersecurity, Nozomi Networks, partnership, Thales
(IN BRIEF) Czech carmaker Škoda Auto has provided a fleet of 45 vehicles to the organisers of the 2023 IIHF Ice Hockey World Championship, as it has done since 1993. The vehicles, the majority of which are all-electric or plug-in … Read the full press release
Posted in Automotive, Business, Czech Republic, Financial, Industrial, Management, Media, News, Sports, Technology
Tagged electric vehicles, hybrid vehicles, IIHF Ice Hockey World Championship, Martin Jahn, ŠKODA AUTO
(IN BRIEF) French aircraft manufacturer Dassault Aviation marks the 60th anniversary of its first business jet, the Mystère 20, which was later rebranded as the Falcon 20. The plane’s success in the US market attracted buyers among entrepreneurs, government agencies, … Read the full press release
Posted in Aviation & Aerospace, Business, France, Industrial, Management, News, Technology
Tagged Business Aviation, Dassault Aviation, Eric Trappier, Falcon 20, INNOVATION, Marcel Dassault, Mystère 20
(IN BRIEF) The British Academy has awarded nearly £8 million in research funding to promote public engagement and understanding of the SHAPE disciplines, including the Senior Research Fellowships, Mid-Career Fellowships, and collaborative SHAPE research projects. Among the recipients are three … Read the full press release
Posted in Awards, Education, News, Science, United Kingdom
Tagged Awards, British Academy, divinity and medieval history, Dr Carine van Rhijn, Dr Claire Burridge, Professor George Corbett, Professor James Palmer, Professor Sabine Hyland, professors, RESEARCH, SHAPE disciplines, St Andrews University
(IN BRIEF) Sandoz to commercialize six products exclusively in the US following distribution and collaboration agreement with Adalvo. The products are aimed at treating disorders that affect millions of people in the US each year, including antifungal/antibiotic, oncology, and pulmonary. … Read the full press release
Posted in Business, Healthcare, Management, News, Pharma & Biotech, Switzerland
Tagged Adalvo, Richard Saynor, Sandoz, treatments, US
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