(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
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