(IN BRIEF) The Nordic Investment Bank (NIB) has signed a 7-year EUR 42.8 million loan agreement with Sunnhordland Kraftlag AS (SKL) to finance the modernization of the Løkjelsvatnet hydropower plant in Etne, Norway. Completed in October, the upgrade doubled the … Read the full press release
(IN BRIEF) The Suez Canal Container Terminal (SCCT) has reached a significant milestone in its expansion project with the arrival of advanced equipment, including four Super Post-Panamax quay cranes and six electric Rubber-Tyred Gantry (eRTG) cranes. These cutting-edge tools, capable … Read the full press release
Posted in Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology, Transportation & Logistics
Tagged APM Terminals, expansion, High-Tech Cranes, INNOVATION, Keld Mosgaard Christensen, partnership, Pillarisetti Ravindranath, Suez Canal Container Terminal (SCCT), sustainability, Trade Efficiency
(IN BRIEF) The EIB has provided Oceanloop with a €35 million loan to support the expansion of its sustainable shrimp farming technology, allowing the company to grow operations in Germany and establish a large-scale farm in Gran Canaria. This investment … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Technology
Tagged aquaculture, EIB, expansion, Fabian Riedel, Germany, investment, Land-Based Shrimp Farming, Nicola Beer, Oceanloop, partnership, Spain, sustainability
(IN BRIEF) Finnish land-based fish farming company Fifax has secured a €2.5 million loan from Nefco to boost its Eckerö facility, one of the largest of its kind in Northern Europe. Using environmentally friendly Recirculating Aquaculture Systems (RAS), Fifax recycles … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged eco-friendly, expansion, Fifax, fish farming, Helena Lähteenmäki, investment, NEFCO, northern Europe, partnership, Samppa Ruohtula, sustainability
(IN BRIEF) AF Gruppen has been awarded a NOK 1.4 billion contract to develop the Diakonhjemmet Campus in Oslo, which will include facilities for a health and social care high school, VID University College, a metro platform, and shared infrastructure. … Read the full press release
Posted in Business, Construction, Education, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged AF Gruppen, Amund Tøftum, Diakonhjemmet Campus Project, Education, expansion, health, Oslo, partnership, sustainability
(IN BRIEF) Cogefeed has officially listed on the professional segment of Euronext Growth Milan, marking its entry as the 18th company on this market in 2024 and the 39th listing on Euronext overall this year. Known for its focus on … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, International Trade, Investment, Italy, Management, News, Technology
Tagged Cogefeed, Daniele Filizola, Euronext, expansion, Milan, partnership, renewable energy, sustainability
(IN BRIEF) Wood has been awarded a substantial contract by Aramco to provide engineering and project management consultancy services for the Southern and Northern Areas gas increments in Saudi Arabia. The seven-year project, involving over one million engineering hours, will … Read the full press release
(IN BRIEF) Sanofi and CD&R have entered exclusive negotiations for CD&R to acquire a 50% controlling stake in Opella, Sanofi’s consumer healthcare business, while Sanofi retains a significant share. The partnership aims to support Opella’s growth as a global leader … Read the full press release
Posted in Business, Environment, Financial, France, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged acquisition, Allegra, CDR, Doliprane, expansion, France, Healthcare, Julie Van Ongevalle, Opella, partnership, Paul Hudson, Sanofi
(IN BRIEF) Husqvarna Group has appointed Maha Elkharbotly as the new President of its Gardena Division and added her to the executive management team. Elkharbotly, who has held leadership roles at DSM Firmenich, LIXIL, Grohe, and Whirlpool, brings extensive experience … Read the full press release
(IN BRIEF) Evonik has commenced a major expansion at its Charleston site in Berkeley County, South Carolina, aimed at increasing the production capacity of precipitated silica by 50% to meet rising demand from the tire industry, especially for green tires. … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Charleston Facility, Evonik, expansion, Guido Skudlarek, Johnny Cribb, Kenneth Bittner, Lauren Kjeldsen, partnership, silica, sustainability
(IN BRIEF) Swissport International AG has appointed former Kuehne+Nagel CEO Detlef Trefzger as a Non-Executive Director to its Board of Directors. Trefzger, who brings extensive industry expertise from his leadership roles at Kuehne+Nagel and DB Schenker, will support Swissport’s global … Read the full press release
(IN BRIEF) Ramboll has acquired i3 Solutions Group, a UK and Singapore-based data centre consulting firm, strengthening its global presence in data centre consulting. This acquisition, following Ramboll’s 2022 purchase of EYP Mission Critical Facilities, expands its expertise in strategy, … Read the full press release
(IN BRIEF) Logicor has expanded its UK Asset Management team with two new hires: Michaela Chidgey as Project Manager and Rachel Boorer as an Analyst. Chidgey, formerly with Savills, brings extensive project management experience in the industrial and logistics sector, … Read the full press release
(IN BRIEF) METRO has expanded its food service distribution (FSD) business in the UK by acquiring Caterite Food & Wineservice, a specialist in food delivery to the HoReCa sector in the Lake District and northern regions of the UK. This … Read the full press release
Posted in Business, Food & Beverage, Germany, Investment, Retail
Tagged acquisition, Caterite Food & Wineservice, Classic Fine Foods UK, England, expansion, food service distribution, fresh produce, FSD, growth strategy, Guillaume Deruyter, HoReCa, Hospitality, independent customers, integration, Lake District, logistics, Metro, METRO acquisitions, METRO AG, METRO GROUP, premium customers, Scotland, supply chain, synergies, UK, UK market, Wales
(IN BRIEF) Telefónica’s Chairman, José María Álvarez-Pallete, met with Brazilian President Luiz Inácio Lula da Silva to reaffirm the company’s strong commitment to Brazil, one of its key markets. Telefónica, which leads the Brazilian telecommunications market through its Vivo brand … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), along with private equity firms CEECAT Capital and Morphosis Capital, has made a significant investment in the Romanian discount food retailer La Cocos. The €10 million equity investment will help … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Retail, Romania, United Kingdom
Tagged CEECAT Capital, EBRD, expansion, investment, Iulian Nica, La Cocos, Morphosis Capital, partnership, retail, Romania, sustainability
(IN BRIEF) ENGIE has reached Financial Close for the Goorambat East Solar Farm, a 250 MW renewable energy project in northern Victoria. With construction set to begin soon and completion expected by 2026, the solar farm will provide enough electricity … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Australia, ENGIE, expansion, Financial, Goorambat East Solar Farm, Ms. Laura Caspari, partnership, renewable energy, sustainability, Victoria
(IN BRIEF) Merck is investing €62 million in a new quality control facility at its Darmstadt headquarters as part of a larger €1.5 billion investment program. Scheduled for completion by mid-2025, the state-of-the-art facility will consolidate 135 employees into a … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Darmstadt, expansion, facility, Life Science, Merck, partnership, Quality Standards, Robert Nass, sustainability
(IN BRIEF) Caldic, a global ingredient provider, is consolidating its Nordic factories and headquarters into a new facility in Jägersro, Sweden, with a focus on sustainability. AFRY, having delivered initial designs, is tasked with implementing production processes for the new … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Sweden
Tagged AFRY, Caldic, expansion, facility, Gustav Larsson, Jägersro, Jessica Stenberg, Netherland, partnership, sustainability, Sustainable Ingredient Production
(IN BRIEF) Today, MYTILINEOS Energy & Metals unveiled its new corporate brand and refreshed corporate image, marking a significant milestone in its evolution towards global expansion, innovation, and growth. The announcement, made by Chairman and CEO Evangelos Mytilineos during the … Read the full press release
Posted in Business, Greece, Industrial, Management, Marketing, Metals and Minerals, News
Tagged Evangelos Mytilineos, expansion, Metlen, MYTILINEOS Energy & Metals, Rebranding
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