Tag Archives: expansion

Valio and St1 Joint Venture Explores Expansion of Biogas Plant Complexes for Renewable Energy Production

(IN BRIEF) Suomen Lantakaasu Oy, a joint venture between Valio and St1, is actively investigating the development of new biogas plant complexes in various regions. Currently, the construction of potential new plant complexes is under consideration in the Kokkola-Pietarsaari, Nivala-Haapavesi, … Read the full press release

CapMan Hotels Fund Partners with Lapland Hotels for Expansion in Oulu, Finland

(IN BRIEF) CapMan Hotels II fund has entered into an agreement to acquire “KOY Oulun Kuvernööri,” a five-story office property in Oulu city center, Finland. The plan is to transform the building into an extension of Lapland Hotels Oulu, increasing … Read the full press release

BT’s Digital Voice Home Phone Service Expansion to Benefit Greater London Customers

(IN BRIEF) BT is planning to roll out its new home phone service, Digital Voice, in Greater London during November and December, following the regional rollout in other parts of the UK. Digital Voice replaces traditional landlines with services provided … Read the full press release

Rheinmetall Wins Key Contract for Electric Vehicle (EV) Bearings in E-Mobility Expansion

(IN BRIEF) Rheinmetall, a tech enterprise, has secured an order for plain bearings to be used in a planetary gear set for an electric vehicle produced by an international automaker with a focus on e-mobility. The order represents significant annual … Read the full press release

Expansion Milestone: SGL Carbon Boosts Production Capacities for High-Quality Carbon Ceramic Brakes

(IN BRIEF) The foundation stone was ceremonially laid for the expansion of production capacities at Brembo SGL Carbon Ceramic Brakes (BSCCB) at the SGL Carbon site in Meitingen. The expansion involves the construction of two new production halls with a … Read the full press release

EBRD Invests €75 Million in Poland’s R.Power to Boost Green Energy Expansion

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing €75 million in R.Power S.A, a leading renewable energy developer in Poland, to support the expansion of green energy generation across Europe. This marks the EBRD’s second investment … Read the full press release

Evonik Completes Expansion of Shanghai Catalyst Plant for Green Hydrogen Production

(IN BRIEF) Evonik Industries has successfully relocated and expanded its precious metal powder catalyst plant in Shanghai Chemical Industrial Park (SCIP), with production set to commence in Q4 2023. The company has signed an agreement with Hydrogenious LOHC Technologies to … Read the full press release

SIX Expands Data Services Access via Leading Cloud Providers with Megaport Collaboration

(IN BRIEF) SIX, a global financial information provider, has partnered with Network as a Service provider Megaport to offer customers seamless private access to its data services through major public cloud providers. This service, known as SIX Connect, enables clients … Read the full press release

Natixis CIB Expands Canadian Presence with New Toronto Office in Financial District

(IN BRIEF) Natixis Corporate & Investment Banking (Natixis CIB) has opened a new office in Toronto, situated in the city’s financial district at 181 Bay Street within the Brookfield Place complex. The expansion reflects Natixis CIB’s ongoing commitment to providing … Read the full press release

NIB Supports Lidl Lietuva’s Expansion with €50 Million Loan for New Logistics Centre in Lithuania

(IN BRIEF) The Nordic Investment Bank (NIB) and retail store operator UAB Lidl Lietuva have signed a seven-year EUR 50 million loan agreement for Lidl’s new logistics centre in Vilnius, Lithuania. This facility will enable Lidl to expand its store … Read the full press release

CTP Leases 20,000 sqm to Mercata VT for Expansion in CTPark Belgrade City

(IN BRIEF) CTP, the largest listed developer, owner, and manager of industrial and logistics properties in Europe by gross lettable area (GLA), has leased approximately 20,000 sqm of industrial and warehouse space at CTPark Belgrade City to Mercata VT, a … Read the full press release

AFRY Collaborates with Malta to Drive Offshore Renewable Energy Expansion

(IN BRIEF) AFRY is actively supporting Malta’s ambitious plans to expand its offshore renewable energy capacity. The company is engaged in technical and commercial tasks for Interconnect Malta (ICM), a state-owned entity responsible for energy infrastructure projects. AFRY’s efforts aim … Read the full press release

Eurex’s STIR Partnership Program Attracts 18 Global Participants for Euro STIR Derivatives Expansion

(IN BRIEF) Eurex, a leading derivatives exchange, has garnered significant interest in its Short-Term Interest Rate (STIR) Partnership Program extension. As of now, 18 participants from the U.S., U.K., and Continental Europe have registered for the program. This expansion aims … Read the full press release

Neste’s Q3 Outlook Brightens as Oil Products Margin Surges; Equipment Inspection Slows Singapore Refinery Expansion

(IN BRIEF) Neste, a leading energy company, has reported an improved outlook for its Oil Products segment’s margin in the third quarter of 2023. Despite the ongoing volatility in oil markets, margins for diesel and gasoline in Northwest Europe have … Read the full press release

Logicor Reports Strong H1 2023 Results Amid Active Asset Management and Expansion in Key Markets

(IN BRIEF) Logicor, a prominent European logistics and distribution property owner and operator, has announced its half-year results for the period ending on June 30, 2023. The company reported strong operating results, driven by active asset management and expansion in … Read the full press release

Equinor Expands Renewable Portfolio in Poland with Acquisition of Wilko Wind Farm

(IN BRIEF) Equinor has acquired a 26 MW onshore wind farm in Poland, known as the Wilko wind farm, from the Helios Group. The wind farm is located in the Wielkopolska province and will be operated by Wento, Equinor’s subsidiary … Read the full press release

DHL eCommerce Expands Europe’s Largest Access Point Network, Reaching 100,000 Points

(IN BRIEF) DHL eCommerce has marked a significant achievement by inaugurating its 100,000th access point in Warsaw, Poland, creating the largest and most densely distributed network across Europe. These access points, including parcel shops and lockers, enable customers to conveniently … Read the full press release

Wood Selected to Upgrade Power Transmission Infrastructure in Northern Scotland for Renewable Energy Expansion

(IN BRIEF) Wood has been chosen as a preferred bidder for the Scottish and Southern Electricity Network (SSEN) Transmission’s Accelerated Strategic Transmission Investment (ASTI) framework. This selection will facilitate the upgrade of onshore power transmission infrastructure in northern Scotland, supporting … Read the full press release

DNV Partners with Intercontinental Wind Energy for Quality Assurance and Offshore Wind Expansion in Taiwan

(IN BRIEF) DNV has secured a contract to provide quality assurance, quality control, and technical support to Intercontinental Wind Energy Co., Ltd. (IWE) in Taiwan. This collaboration aims to assist IWE in becoming a Tier-1 supplier for offshore wind projects … Read the full press release

AFRY Selected by EETC for Vital Grid System Study to Support Egypt’s Renewable Energy Expansion

(IN BRIEF) The Egyptian Electricity Transmission Company (EETC) has chosen AFRY to conduct a crucial system study to facilitate the rapid expansion of Egypt’s national transmission grid. The study’s focus is on addressing challenges arising from the increased integration of … Read the full press release