Tag Archives: digitalization

Amadix Secures €15 Million Loan from EIB to Expand Early Cancer Detection Solutions Across Europe and the U.S.

(IN BRIEF) Amadix, a Spanish biotech company focused on non-invasive blood tests for early cancer detection, has secured a €15 million loan from the European Investment Bank (EIB). This funding, backed by InvestEU, will support Amadix in advancing its blood … Read the full press release

Rheinmetall Secures Multi-Billion Euro Contract to Modernize Bundeswehr’s Communication Network

(IN BRIEF) Rheinmetall has secured a major contract to support the Bundeswehr’s digitalization initiatives by providing a deployable communication network, known as TaWAN LBO, under a multi-billion-euro framework agreement. The first call-off, worth €1.88 billion, will see the delivery of … Read the full press release

EBRD Appoints Fatoumata Bouaré as Vice President and Chief Risk Officer to Lead Risk Strategy and Expansion

(IN BRIEF) The EBRD has appointed Fatoumata Bouaré as Vice President and Chief Risk Officer, effective May 1, 2025. Ms. Bouaré, with extensive experience in both development and commercial banking, will oversee multiple departments and serve as a member of … Read the full press release

Infineon Technologies Predicts Gallium Nitride Will Revolutionize Energy Efficiency and Decarbonization Across Multiple Industries

(IN BRIEF) Infineon Technologies highlights the transformative potential of gallium nitride (GaN) in driving energy efficiency and decarbonization across industries such as AI, home appliances, electric vehicles, and robotics. The company anticipates rapid growth in GaN adoption, supported by its … Read the full press release

Naked Receives USD 4 Million Investment from DEG to Expand South Africa’s Digital Insurance Landscape

(IN BRIEF) Naked, South Africa’s fully digital insurance platform, has secured a USD 4 million equity investment from DEG to further its growth by enhancing automation, expanding its product offerings, and attracting more customers through targeted advertising. This is part … Read the full press release

TIMETOACT GROUP Expands Cloud Transformation Expertise with Acquisition of beBOLD Consulting

(IN BRIEF) TIMETOACT GROUP has acquired beBOLD, a consulting firm specializing in cloud transformation and digital innovation, marking another step in its strategy to expand its capabilities in cloud consulting. The acquisition strengthens TIMETOACT GROUP’s position in providing end-to-end cloud … Read the full press release

ABB India Celebrates 75 Years of Innovation and Sustainable Growth in India

(IN BRIEF) ABB India is celebrating 75 years of operations, having played a significant role in India’s industrial and technological development since its inception in 1949. The company has contributed to electrification, automation, and digitalization across sectors such as utilities, … Read the full press release

EIB Provides €70 Million Loan for Stadtwerke Reutlingen’s Infrastructure Investment

(IN BRIEF) Stadtwerke Reutlingen has received a €70 million loan from the European Investment Bank (EIB) to modernize its electricity grid and expand its district heating network as part of Germany’s energy transition. The loan will fund infrastructure upgrades, including … Read the full press release

BASF Unveils Eco-Conscious Beauty Formulations at Cosmet’Agora with Climate-Adaptative Solutions

(IN BRIEF) At Cosmet’Agora 2025 in Paris, BASF introduced new eco-conscious formulations under its Beyond Beauty initiative, focusing on hydration, cleansing, UV protection, and natural makeup. These climate-adaptive solutions use sustainable ingredients to meet the rising consumer demand for environmentally … Read the full press release

Siemens’ Fürth Plant Receives Recognition as Sustainability Lighthouse from World Economic Forum

(IN BRIEF) Siemens’ Fürth facility in Germany has been awarded the Sustainability Lighthouse designation by the World Economic Forum for its remarkable achievements in sustainable manufacturing. The plant has reduced energy consumption by 64% per throughput while increasing production by … Read the full press release

Alfa Laval Announces New Food Innovation Centre in Copenhagen to Drive Sustainable Food Production

(IN BRIEF) Alfa Laval has unveiled plans to open its Food Innovation Centre in Copenhagen, Denmark, by 2027. This new facility is part of the company’s capital investment strategy and aims to support the food industry in tackling the challenges … Read the full press release

Covestro Expands Polycarbonate Production in Ohio to Meet Growing Demand in North America

(IN BRIEF) Covestro is investing a low triple-digit million Euro sum to expand its operations in Hebron, Ohio, by adding multiple production lines for polycarbonate compounds and blends. This expansion will support the growing demand for high-quality materials in industries … Read the full press release

EIB Loan Fuels Zumtobel’s Push for Smart and Sustainable Lighting Innovation

(IN BRIEF) The European Investment Bank (EIB) has granted a €50 million loan to the Zumtobel Group to advance its research and development of innovative lighting solutions, focusing on energy-efficient and connected technologies for smart buildings and cities. With a … Read the full press release

ABB Partners with ESS to Revolutionize Automotive Paint Shop Operations

(IN BRIEF) ABB has partnered with Engineering Software Steyr GmbH (ESS) to revolutionize automotive paint shop operations through advanced simulation tools. The collaboration, which includes ABB taking a minority stake in ESS, will eliminate the need for prototyping, reduce operational … Read the full press release

Vodafone Powers Europe’s First 5G Network at Temelín Nuclear Plant, Paving the Way for Secure Infrastructure Digitalization

(IN BRIEF) Vodafone has deployed the first 5G mobile private network (MPN) at Temelín Nuclear Power Plant in Czechia, marking a significant milestone in Europe. This new 5G connectivity will enhance communication within the plant, replacing traditional walkie-talkies and enabling … Read the full press release

Siemens and Boson Energy Partner to Transform Non-Recyclable Waste into Green Hydrogen

(IN BRIEF) Siemens AG and Boson Energy have signed a Memorandum of Understanding to collaborate on converting non-recyclable waste into clean hydrogen energy. Utilizing Siemens’ advanced technology and consultancy services, including automation and digitalization from the Siemens Xcelerator portfolio, the … Read the full press release

Bechtle Secures Framework Agreement with IT.Niedersachsen to Drive Digitalization in Lower Saxony

(IN BRIEF) Bechtle secures a new framework agreement with IT.Niedersachsen to drive digitalization in Lower Saxony, emphasizing project management and IT consultation services. The agreement spans two years with the potential for extensions, signaling Bechtle’s pivotal role in supporting the … Read the full press release

DNB and Ericsson Spearhead 5G-Driven Digitalization for Malaysian Enterprises

(IN BRIEF) Digital Nasional Berhad (DNB) and Ericsson are joining forces to accelerate the digitalization of enterprises in Malaysia through a pioneering program leveraging the country’s world-leading 5G network. The initiative, formalized through Memorandums of Understanding (MoUs), involves key industry … Read the full press release

Siemens and BILT Revolutionize Electrician Training with Immersive Spatial Models on Apple Vision Pro

(IN BRIEF) Siemens and BILT are pioneering a groundbreaking approach to electrician training by optimizing their 3D Intelligent Instructions for Apple Vision Pro. As the demand for skilled electricians rises, effective training becomes crucial. Leveraging BILT on Apple Vision Pro, … Read the full press release

Siemens Launches Groundbreaking Technology Center at Garching Research Campus

(IN BRIEF) Siemens inaugurates the first building complex of the Siemens Technology Center (STC) at Garching Research Campus, marking a significant milestone in Germany’s technological advancement. The STC, situated alongside prestigious institutions like the Technical University of Munich (TUM), the … Read the full press release