(IN BRIEF) The European Investment Bank (EIB) has provided a €34 million loan to Vay, a German teledriving technology company, to support its expansion in Europe. Vay’s innovative system allows vehicles to be remotely driven by trained drivers from a … Read the full press release
Posted in Automotive, Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged Bogdan Djukic, EIB, Europe, Fabrizio Scelsi, Germany, INNOVATION, investment, Nicola Beer, partnership, Remote-Driven Car-Sharing, sustainability, Thomas von der Ohe, Vay
(IN BRIEF) On October 14, 2024, the Council of Europe Development Bank (CEB) and the EIB Group, which comprises the European Investment Bank (EIB) and the European Investment Fund (EIF), convened in Paris to enhance collaboration in tackling the growing … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Alessandro Tappi, CEB, EIB Group, EIF, Europe, Financial, investment, Kyriacos Kakouris, partnership, Sandrine Gaudin
(IN BRIEF) During a recent plenary session, the Committee of the Regions and the European Investment Bank (EIB) renewed their commitment to fostering economic cohesion across the EU, focusing on both urban and rural areas. EIB President Nadia Calviño emphasized … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged economic growth, EIB, EU, Europe, European Committee of the Regions, Nadia Calviño, partnership, social infrastructure, sustainability, Ursula von der Leyen, Vasco Alves Cordeiro
(IN BRIEF) Vodafone and Google have announced a groundbreaking ten-year partnership, committing over a billion dollars to enhance services and devices powered by generative AI and cloud technology across Europe and Africa. This collaboration aims to provide AI-driven Google Pixel … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged Africa, AI-powered, Europe, Google, Margherita Della Valle, partnership, Sundar Pichai, vodafone
(IN BRIEF) Volkswagen Group’s electric mobility brand, Elli, has launched the Elli Charger 2, a smart charging solution aimed at the European market. This new charger can reduce charging costs by up to 40% by utilizing solar surplus charging and … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged electric vehicle charging, Elli, Elli Charger 2, Europe, Giovanni Palazzo, innovative, Otovo, Smart Charger 2, sustainability, Volkswagen
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced a €100 million investment in Green Genius, a renewable energy developer, positioning itself as a minority shareholder upon receiving necessary regulatory approvals. This funding will support Green Genius’s … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News, United Kingdom
Tagged EBRD .Investment, Europe, Green Genius, Grzegorz Zieliński, Lithuania, partnership, renewable energy, Ruslan Sklepovič, sustainability, Tomas Kairys
(IN BRIEF) The EIB has granted €220 million to Nexi Group to support innovation in Europe’s digital payments sector. The funding will help drive the development of modernized payment solutions, job creation, and sustainability initiatives, reflecting Nexi’s commitment to ESG … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Internet & Online, Investment, Luxembourg, Management, News, Technology
Tagged Bernardo Mingrone, digital payment, EIB, Europe, Gelsomina Vigliotti, INNOVATION, Nexi Group, partnership, sustainability
(IN BRIEF) On Green Postal Day 2024, postal companies worldwide celebrated a 40% reduction in CO2 emissions since 2008. These companies are working towards further lowering emissions by 50% by 2030, with a focus on using renewable energy and sustainable … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology, Transportation & Logistics
Tagged Africa, DHL, Emissions Reduction, Europe, Green Postal Day 2024, North America, Oceania, Southeast Asia, sustainability, Tobias Meyer
(IN BRIEF) The European Investment Fund (EIF) has committed €30 million to Wind II, a venture capital fund targeting €130 million. Wind II focuses on early-stage tech startups across Europe developing innovative solutions for essential services and infrastructure industries to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Climate Tech Innovation, EIF, Europe, Marjut Falksteadt, partnership, sustainability, Thierry Vandewalle, Wind II, Xavier Gury
(IN BRIEF) Apollo Global Management has purchased a non-controlling stake in bp Pipelines TAP Limited, which holds bp’s 20% share in the Trans Adriatic Pipeline (TAP), for approximately $1 billion. While bp remains the controlling shareholder, this partnership allows bp … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, United Kingdom
Tagged Apollo Global Management, BP, bp Pipelines TAP Limited, energy infrastructure, energy transition, Europe, Gas Projects, Greece, Italy, Leslie Mapondera, low-carbon energy, natural gas, Shah Deniz gas field, Skardon Baker, strategic partnership, TAP, Trans Adriatic Pipeline, William Lin
(IN BRIEF) E.ON and Siemens have signed a global framework agreement to strengthen E.ON’s public charging infrastructure across Europe. The collaboration will deploy Siemens’ SICHARGE D high-power chargers and Sifinity Control backend system, optimizing network management and reliability. The agreement … Read the full press release
Posted in Automotive, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Switzerland, Transportation & Logistics
Tagged Arjan van der Eijk, charging stations, Commercial Vehicles, decarbonization, E.ON, E.ON Drive Infrastructure, electric cars, electric vehicle charging, emobility, Europe, fast charging, Germany, High-Power Chargers, IoT-enabled substations, Italy, Markus Mildner, Megawatt charging, network management, profitability, Public Charging Infrastructure, Road transport, SICHARGE D, Siemens, Siemens Smart Infrastructure, Sifinity Control, Sweden, UK
(IN BRIEF) Crédit Agricole Assurances has invested in Scope Group, joining other major French financial institutions like AXA and BPCE in supporting Europe’s only independent rating agency accepted by the European Central Bank. This investment is part of broader efforts … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Germany, Government, Industrial, Insurance, Investment, Management, News
Tagged Credit Agricole, Crédit Agricole Assurances, Europe, Financial, Florian Schoeller, Germany, Nicolas Denis, partnership, Scope Group, sustainability
(IN BRIEF) The Otto Group has integrated Boston Dynamics’ Stretch robot into its logistics operations, becoming the first in Europe to do so. The robot is designed to autonomously unload containers, increasing efficiency and addressing labor shortages. This move is … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Germany, Industrial, Internet & Online, Investment, Management, News, Retail, Technology, Transportation & Logistics
Tagged AI, Boston Dynamics, Europe, Kay Schiebur, logistics, Marc Theerman, Otto Group, Stretch Robot, sustainabilty
(IN BRIEF) Aurubis AG and Talga Group Ltd have partnered to develop a new process for producing recycled battery-grade graphite. The collaboration combines Aurubis’ advanced recycling methods and Talga’s innovative anode production technologies to create a sustainable, circular solution for … Read the full press release
(IN BRIEF) DB Schenker, Trailer Dynamics, and CATL have partnered to explore the feasibility of Battery Swapping Technology (BST) for electric trailers in Europe. The project aims to reduce vehicle downtime and enhance efficiency with battery swaps taking just five … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged (CATL) Contemporary Amperex Technology Co., Battery Swapping Technology (BST), DB Schenker, Electric Trailers, Europe, Limited, partnership, sustainability, Trailer Dynamics
(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) Energiekontor AG has received building permits for three new wind parks in Lower Saxony, Germany, adding 116 megawatts to their renewable energy capacity. These projects, along with other wind and solar initiatives currently under development, are part of … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Energiekontor, Europe, France, Germany, partnership, Peter Szabo, renewable energy, Scotland, sustainability, Wind Park
(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) T-Systems has appointed Elke Anderl as the new Chief Commercial Officer, effective September 1, 2024. She succeeds Urs M. Krämer, who is stepping down. Elke Anderl, a seasoned expert in IT, sales, and service, will oversee global sales … Read the full press release
Posted in Germany, Management, Technology, Telecom
Tagged appointment, artificial intelligence, Board of Management, Chief Commercial Officer, Cloud services, consulting, DACH region, Deutsche Telekom, digital solutions, Elke Anderl, Europe, Ferri Abolhassan, global sales, ICT service provider, IT, leadership, Market leader, marketing, sales, SECURITY, service, T-Systems
(IN BRIEF) PUMA has been recognized as one of Europe’s top ten Climate Leaders by the Financial Times, achieving its highest-ever ranking of eighth place. The company’s early achievement of its climate goals and new ambitious targets for 2030 highlight … Read the full press release
Posted in Apparel, Fashion & Beauty, Awards, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Sports, Technology
Tagged Anne-Laure Descours, Awards, Climate Leaders, Europe, Financial Times, leadership, PUMA, sports, sustainability
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