(IN BRIEF) Erste Group’s Private Banking division has been awarded the title of “Best Private Bank in Central and Eastern Europe” by both PWM/The Banker and Global Finance, marking a significant achievement in the CEE region. Erste received a total … Read the full press release
Posted in Austria, Awards, Banks, Business, Croatia, Czech Republic, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Romania, Slovakia, Technology
Tagged Austria, Awards, CROATIA, Czechia, Erste Group, leadership, Maximilian Clary und Aldringen, partnership, Private Bank, Romania, Slovakia
(IN BRIEF) Deutsche Telekom has launched a new Christmas campaign, “Connections Begin When Barriers Break,” across ten European countries, emphasizing unity and tolerance. Through a heartwarming story of two young girls separated by a glass barrier, the campaign highlights the … Read the full press release
Posted in Austria, Business, Croatia, Financial, Germany, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Media, Montenegro, News, Poland, Romania, Slovakia, Technology, Telecom
Tagged Austria, Christmas campaign, Connection, CROATIA, Deutsche Telekom, Europe, Germany, holidays, Hungary, Montenegro, NORTH MACEDONIA, Poland, Romania, Slovakia, The Czech Republic, Ulrich Klenke, Unity
(IN BRIEF) Green Mobility Partners, a new player in the European locomotive leasing market, has ordered up to 50 Vectron MS locomotives from Siemens Mobility, with an initial purchase of eight units. The Vectron locomotives, known for their cross-border travel … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Andre Rodenbeck, Austria, Christoph Katzensteiner, Green Mobility Partners, partnership, Siemens, Siemens Mobility, sustainability, Vectron locomotives
(IN BRIEF) ABB and Zumtobel Group have announced a strategic partnership aimed at advancing smart building solutions and direct current (DC) industrial applications. The collaboration will integrate ABB’s building automation solutions with Zumtobel’s advanced lighting management systems, creating efficient, sustainable … Read the full press release
Posted in Austria, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, Austria, Direct Current Applications, Lucy Han, Oliver Vogler, partnership, Smart Building Innovations, sustainability, Switzerland, Zumtobel Group
(IN BRIEF) Scila AB, a leader in trade surveillance and risk management technology, has announced that Erste Group, a major European financial institution, has successfully implemented Scila Surveillance. The cloud-based solution is designed to monitor global trading activities across multiple … Read the full press release
Posted in Austria, Banks, Business, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged Austria, Erste Group, Iris Bujatti, Mikko Andersson, partnership, Scila, Trade Surveillance Technology
(IN BRIEF) Infineon Technologies has pioneered the world’s first 300 mm power gallium nitride (GaN) wafer technology, enhancing production efficiency by offering 2.3 times more chips per wafer compared to the previous 200 mm process. This breakthrough will accelerate GaN … Read the full press release
Posted in Austria, Business, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Austria, gallium nitride (GaN) wafer technology, Infineon, Jochen Hanebeck, partnership, semiconductor
(IN BRIEF) The European Investment Bank (EIB) is providing up to €175 million in loans to Salzburger Sparkasse and Tiroler Sparkasse to fund the construction of 1,750 affordable and energy-efficient rental flats in Salzburg and Innsbruck. The project aims to … Read the full press release
Posted in Austria, Banks, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate
Tagged Austria, EIB, Green Homes, Innsbruck, partnership, Salzburg, Salzburger Sparkasse Bank AG, sustainabilty, Tiroler Sparkasse Bank AG
(IN BRIEF) The European Investment Bank (EIB) has provided €20.1 million to WEB Windenergie AG (W.E.B) for the construction of a new wind farm in Spannberg, Lower Austria. The project’s first phase will build four wind turbines, with plans to … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged (WEB) Windenergie AG, Austria, clean energy, EIB, partnership, sustainabilty, Thomas Östros, wind farm
(IN BRIEF) Schneider Electric has launched a new AI-powered feature for its Wiser Home app, enhancing energy management for homes. This feature optimizes the use of water heaters and electric vehicle chargers by learning from user habits, weather forecasts, and … Read the full press release
Posted in Artificial Intelligence (AI), Austria, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Spain, Technology
Tagged AI-Enhanced, Austria, Energy management, France, Germany, Michael Lotfy Gierges, PORTUGAL, Schneider Electric, Spain, sustainability, Wiser Home App
(IN BRIEF) ServiceNow and CANCOM have formed a strategic partnership to deliver AI-driven digital solutions for mid-sized businesses in Germany, Austria, and Switzerland (DACH region). The collaboration aims to enhance productivity, efficiency, and cost optimization for the Mittelstand by integrating … Read the full press release
Posted in Artificial Intelligence (AI), Austria, Business, Financial, Germany, Government, Industrial, Investment, Management, News, Switzerland, Technology
Tagged AI-Driven, Austria, CANCOM, DACH Mittelstand, digital transformation, Germany, Jochen Borenich, Markus Ehrle, partnership, ServiceNow, Switzerland
(IN BRIEF) CTS EVENTIM, a leading ticketing service and live entertainment provider, has partnered with Tink to introduce the Pay by Bank feature for a faster and more secure payment process. This service allows users to pay directly from their … Read the full press release
Posted in Austria, Banks, Business, Entertainment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, Media, Netherlands, News, Poland, Technology, United Kingdom
Tagged Austria, CTS EVENTIM, Europe, Germany, partnership, Pay by Bank Service, Payment, Poland, Sören Kuthning, the Netherlands, Tink, UK
(IN BRIEF) Voestalpine has welcomed 380 new apprentices across Austria as part of its commitment to training the next generation of skilled workers. With a total of 1,500 apprentices worldwide, including 1,040 in Austria, the company is one of the … Read the full press release
(IN BRIEF) Austrian retailer BILLA provided free packed lunches to 44 Ukrainian children from Kharkiv and Odessa during their holiday in Austria, organized by Österreichische Kinderfreunde in collaboration with the Ukrainian Embassy. The children, who spent time in Carinthia and … Read the full press release
Posted in Austria, Business, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Retail, Ukraine
Tagged Austria, BILLA, Daniela Gruber-Pruner, Free Meals, Ludmil Krastev, partnership, retail, REWE International, sustainablity, Ukrainian children
(IN BRIEF) Vodafone Foundation’s NG-SOS app has reached a milestone of over 4 million downloads and has facilitated 200,000 emergency calls across Europe. The app, available in the Czech Republic, Hungary, Slovakia, and Austria, connects users directly to emergency services, … Read the full press release
Posted in Artificial Intelligence (AI), Austria, Business, Czech Republic, Environment, Financial, Germany, Government, Healthcare, Hungary, Investment, Management, News, Science, Slovakia, Technology, Telecom
Tagged Austria, Czech Republic, emergency response, Europe, Hungary, NG-SOS App, partnership, Slovakia, sustainability, vodafone
(IN BRIEF) CANCOM Group saw a 29.1% increase in revenue in the first half of 2024, reaching €835.3 million, with significant contributions from its International segment, particularly the CANCOM Austria Group. EBITDA rose to €55.5 million, while operating cash flow … Read the full press release
Posted in Austria, Business, Economy, Financial, Germany, Government, Industrial, Investment, News, Technology
Tagged Austria, CANCOM Group, Financial, investment, partnership, Rüdiger Rath
(IN BRIEF) BP has finalized the acquisition of GETEC ENERGIE GmbH, an energy supplier to commercial and industrial customers in Germany. This acquisition, announced in January 2024, enhances BP’s European gas and power operations and expands its reach to Germany, … Read the full press release
Posted in Austria, Belgium, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Poland, United Kingdom
Tagged acquisition, Austria, Belgium, BP, Cord Wiesner, Elaine Skinner-Reid, European Energy, GETEC ENERGIE GmbH, Netherlands, partnership, Poland, sustainability
(IN BRIEF) The European Investment Bank (EIB) has allocated a €300 million loan to voestalpine AG, Europe’s third-largest steelmaker, to support a four-year research and development initiative aimed at enhancing sustainability and reducing carbon emissions. Key focuses include optimizing manufacturing … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News
Tagged Austria, EIB, Gerald Mayer, green steel, partnership, sustainability, Thomas Östros, voestalpine
(IN BRIEF) Transporeon, in collaboration with ÖBB Rail Cargo Group, has announced an expansion of their partnership to offer new rail and multimodal transport corridors, following their joint win of the Austrian Logistics Prize 2024. This initiative allows customers to … 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) Eviden, a leading digital, cloud, big data, and security provider within the Atos Group, has unveiled its new facility, the Eviden Mission Critical Systems Technology Center, situated in Prottes, Lower Austria. This inauguration underscores Eviden’s dedication to advancing … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) Board of Directors approved €4.3 billion in financing for projects spanning Austria, Czech Republic, France, Germany, Hungary, Italy, Lithuania, and Slovakia. The funding will support sustainable transport, renewable energy, water and waste treatment, … Read the full press release
Posted in Austria, Banks, Business, Czech Republic, Economy, Environment, Financial, France, Germany, Government, Hungary, Industrial, Investment, Italy, Lithuania, Luxembourg, Management, News, Slovakia
Tagged Austria, Czech Republic, EIB, Europe, France, Germany, Hungary, investment, Italy, Lithuania, Nadia Calviño, partnership, Slovakia, sustainability, sustainable development
(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have collaborated with Erste Bank der oesterreichischen Sparkassen AG (Erste Bank) to facilitate SME lending in Austria through a pioneering synthetic securitisation transaction. This landmark transaction, the … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Security & Safety, Small Business
Tagged Austria, EIB, EIF, Erste Bank, Hans Unterdorfer, Marjut Falkstedt, partnership, SME, sustainability, synthetic securitisation, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have joined forces to provide Erste Bank der oesterreichischen Sparkassen AG (Erste Bank) with a €49 million guarantee for a synthetic securitisation transaction, marking Austria’s first such … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Austria, EIB Group, EIF, Erste Bank, Hans Unterdorfer, Marjut Falkstedt, partnership, SME, sustainability, Thomas Östros
(IN BRIEF) Austrian Federal Railways (ÖBB) has launched its first Railjet of the new generation, marking a significant advancement in rail travel comfort. Developed and built by Siemens Mobility, these innovative trains boast numerous features aimed at enhancing passenger experience … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, Travel
Tagged Albrecht Neumann, Andreas Matthä, Austria, ÖBB, partnership, Rail Travel Comfort, Railjet, Siemens, sustainability
(IN BRIEF) The European Investment Bank (EIB) is injecting €40 million into German-Austrian PropTech GROPYUS to advance the construction of sustainable and affordable homes across Europe. GROPYUS specializes in employing digitalized, fully automated, and industrialized processes to produce multi-storey wooden … Read the full press release
Posted in Austria, Banks, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate
Tagged Austria, EIB, Europe, GROPYUS, housing, Markus Fuhrmann, Nicola Beer, partnership, sustainability
(IN BRIEF) Ireland’s Network Intelligence and Management System (NIMS) initiative is set to revolutionize the country’s motorway network through a Cooperative Intelligent Transport Systems (C-ITS) pilot project, in collaboration with Kapsch TrafficCom. Integrated into the operational Traffic Management solution since … Read the full press release
Posted in Austria, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged Austria, C-ITS Pilot Project, Ireland, Jack Chambers, Kapsch TrafficCom, NIMS, partnership, sustainability, traffic safety
(IN BRIEF) Vattenfall and Borealis have entered into a groundbreaking long-term renewable hydropower purchase agreement (PPA) aimed at bolstering sustainability efforts. Starting January 2024, Vattenfall commenced supplying Borealis’ Stenungsund operations with 175 GWh per year of renewable energy sourced from … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and Hypo Vorarlberg have inked agreements to fund the construction of highly energy-efficient residential buildings. The deal comprises a synthetic securitisation transaction and a funding transaction, totaling €61 million. This initiative aims to … Read the full press release
Posted in Austria, Banks, Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Austria, EIB, Germany, Housing Projects, Hypo Vorarlberg, Marjut Falkstedt, Michel Haller, partnership, sustainability, Thomas Östros
(IN BRIEF) Swiss Re Institute’s latest analysis reveals that climate change is poised to escalate economic losses globally due to severe weather events. The report highlights the vulnerability of countries like the Philippines and the United States, which face significant … Read the full press release
Posted in Economy, Financial, Insurance, Switzerland
Tagged Australia, Austria, CHINA, climate change, economic losses, floods, GDP, INDIA, Intergovernmental Panel on Climate Change, IPCC, Japan, Jérôme Jean Haegeli, PHILIPPINES, property damage losses, severe thunderstorms, Swiss Re, Swiss Re Institute, Switzerland, Taiwan, THAILAND, tropical cyclones, US, US economy, weather perils, weather-related natural catastrophes, winter storms
(IN BRIEF) Austria is set to bolster its air defence capabilities with the procurement of 36 Skyranger 30 air defence systems mounted on Pandur EVO 6×6 vehicles from GDELS. This collaboration between Rheinmetall and GDELS marks a significant milestone in … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) Group in Austria has revealed its commitment to financing projects focused on renewable energies, water supply, and social housing in 2023, with a total investment of €1.26 billion. Despite an initial cautious approach … Read the full press release
Posted in Austria, Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News, Real Estate
Tagged Austria, European Investment Bank, Housing Projects, partnership, renewable energy, SMEs, sustainability, Thomas Östros, water supply
(IN BRIEF) The European Investment Bank (EIB) has committed a €40 million loan to Eldrive Holding GmbH, based in Austria, to establish 8,472 electric vehicle (EV) charging stations across Bulgaria, Lithuania, and Romania over the next three years. This project … Read the full press release
Posted in Austria, Automotive, Banks, Bulgaria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Romania, Technology
Tagged Austria, Bulgaria, clean mobility, Eastern Europe, EIB, Eldrive Holding GmbH, EV charging stations, installation, Kyriacos Kakouris, Lithuania, partnership, Romania, Stefan Spassov, sustainability
(IN BRIEF) R-evolution, the sustainable innovation and green-tech investment subsidiary of Hexagon, has unveiled its forest initiative called Green Cubes, aimed at accelerating global biodiversity rainforest conservation. Utilizing Hexagon’s reality capture technology, Green Cubes allows corporations to sponsor rainforest segments … Read the full press release
(IN BRIEF) ORLEN has successfully acquired Doppler Energie, gaining a 100% stake in the company, which operates 267 service stations across Austria. With this acquisition, ORLEN’s network now includes nearly 3,500 modern service stations in seven European countries. The company … Read the full press release
(IN BRIEF) Austria’s Ministry of Defence has awarded Rheinmetall a contract worth €532 million (excluding value-added tax) for the comprehensive modernization of its existing Skyguard air defense systems, as part of its “Mission Forward” rearmament program. This ambitious project includes … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU) and Austria, is bolstering energy efficiency investments in Montenegro by extending a €2 million loan to NLB Banka a.d. Podgorica, aimed at providing … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged Austria, EBRD, European Union (EU), Green Energy, investments, Martin Leberle, Montenegro, NLB Banka a.d. Podgorica, partnership, Remon Zakaria, sustainability, Yngve Engstroem
(IN BRIEF) The European Investment Bank (EIB) and Erste Bank Austria have jointly provided loans of up to €79.2 million to WLK energy for the construction of the new Engelhartstetten wind farm in Lower Austria. This wind farm will consist … Read the full press release
Posted in Austria, Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Austria, EIB, Engelhartstetten Wind Farm, Erste Bank Austria, Gerda Holzinger-Burgstaller, green energy transition, Mario Wohanka, partnership, Stephan Pernkopf, sustainability, Thomas Östros, WLK energy
(IN BRIEF) Elli, a brand under the Volkswagen Group, has introduced Elli Fleet Charging, an intelligent solution for managing and optimizing electric vehicle (EV) fleets across Europe. Initially available in Germany, Italy, Spain, and Austria, the platform allows companies to … Read the full press release
Posted in Austria, Automotive, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Spain, Technology, Transportation & Logistics
Tagged Austria, electric vehicle, Elli, Elli Fleet Charging, Europe, Germany, Giovanni Palazzo, Italy, partnership, Spain, sustainability, Volkswagen
(IN BRIEF) Kapsch, a leading transportation solutions provider, has developed advanced Weigh in Motion (WIM) systems to address the challenges posed by overweight and overloaded vehicles on roads. These systems accurately measure axle and total weights, detect weight categories and … Read the full press release
(IN BRIEF) voestalpine has officially opened an advanced special steel plant in Kapfenberg, Austria, marking a significant technological advancement in high-performance materials for automotive, energy, and aerospace industries. The plant, known for its high degree of digitalization and sustainability, is … 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)
