Tag Archives: France

EPI Unveils Wero: A New Instant Payment Wallet Launching in France, Set to Revolutionize European Digital Payments

(IN BRIEF) EPI (European Payments Initiative) has launched Wero, a new instant digital payment wallet in France. This app enables users to send and receive money instantly using just a phone number or email, with transactions processed in less than … Read the full press release

Lille Secures €276 Million for Sustainable Transport Revolution: EIB and European Commission Fund Green Mobility Initiative

(IN BRIEF) The Métropole Européenne de Lille has secured a €245 million green loan from the European Investment Bank (EIB) to modernize its urban transport system, alongside a €31.5 million grant from the European Commission. This joint financing will support … Read the full press release

SUEZ Invests in Purple Alternative Surface to Scale Up Plastic Recycling for Sustainable Paving Solutions

(IN BRIEF) SUEZ has made a strategic investment in French start-up Purple Alternative Surface, aiming to expand its production of permeable paving solutions made from non-recycled plastic waste. With SUEZ’s support, Purple will increase its production capacity to 200,000 m² … Read the full press release

International Consortium Invests €35 Million in Abolis Biotechnologies for Sustainable Growth

(IN BRIEF) Abolis Biotechnologies has secured €35 million from a global consortium of investors, including Evonik Venture Capital, BOLD (L’Oréal’s fund), and the DeepTech & Climate Fonds. This investment will help the company expand its biomanufacturing capabilities and bring sustainable, … Read the full press release

Kering and West Bund Museum Celebrate Female Choreographers with Third Edition of Women In Motion Festival

(IN BRIEF) Kering and the West Bund Museum are hosting the 3rd edition of Women In Motion at West Bund on September 21-22, 2024, celebrating female choreographers from China and France. This year’s festival, themed “Body Matters,” focuses on the … Read the full press release

Schneider Electric Introduces AI-Enhanced Energy Management for Wiser Home App

(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

Vattenfall Sets Ambitious 100% Recycling Target for Wind Turbine Magnets, Enhancing Sustainability Efforts

(IN BRIEF) Vattenfall has announced a new sustainability goal to ensure 100% circular recycling of permanent magnets from its wind turbines, starting with decommissioned units from 2030. This initiative aims to address the environmental and supply challenges associated with rare … Read the full press release

Infodas Joins Forces with Airbus to Bolster Cybersecurity Capabilities Across Defence and Aerospace Sectors

(IN BRIEF) Airbus Defence and Space has completed its acquisition of infodas, a German cybersecurity firm specializing in IT solutions for the public sector, including defense and critical infrastructure. This acquisition, now finalized with all regulatory approvals, aims to strengthen … Read the full press release

New Research Highlights the Impact of Urban Noise Pollution on Heart Health and Cardiovascular Risk

(IN BRIEF) Two European studies presented at the ESC Congress 2024 reveal the significant impact of urban noise pollution on cardiovascular health. The DECIBEL-MI study from Germany found that young heart attack patients had been exposed to higher levels of … Read the full press release

The Mobility House Restructures to Enhance Flexibility and Drive Zero-Emission Innovation

(IN BRIEF) The Mobility House has restructured into four specialized business units—The Mobility House Energy, Solutions, Charging, and North America—to better serve the evolving energy and mobility markets. This reorganization aims to enhance flexibility and support the company’s goal of … Read the full press release

Energiekontor Secures New Wind Park Approvals, Expands Renewable Energy Portfolio in Europe

(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

RWE Achieves Major Milestone in Offshore Wind Energy with Successful Auction

(IN BRIEF) RWE has successfully secured two offshore wind sites in the German North Sea, N-9.1 and N-9.2, with a total capacity of 4 gigawatts, during a recent federal auction. The company will pay €250 million for these sites, located … Read the full press release

IMEON ENERGY Debuts on Euronext Access+, Plans Global Expansion with AI-Driven Solar Solutions

(IN BRIEF) IMEON ENERGY, a pioneer in AI-driven energy solutions, has successfully listed on Euronext Access+ with a market capitalization of approximately €11.6 million. The company, known for its innovative solar energy self-production and storage solutions, aims to use this … Read the full press release

ArcelorMittal Acquires 28.4% Stake in Vallourec for €955 Million, Strengthens Board Representation

(IN BRIEF) ArcelorMittal has completed the acquisition of a 28.4% equity interest in Vallourec from Apollo Global Management for approximately €955 million. Following the acquisition, ArcelorMittal executives will join Vallourec’s board. ArcelorMittal does not plan to launch a tender offer … Read the full press release

Vossloh Expands European Operations with Acquisition of Sateba Group for €450 Million

(IN BRIEF) Vossloh is set to acquire Sateba Group, enhancing its rail infrastructure capabilities and expanding its European market presence. The €450 million deal, expected to close by spring 2025, will boost Vossloh’s annual sales and align with its sustainability … Read the full press release

GKN Aerospace Joins Airbus’ Sustainable Wing Solutions (SusWingS) R&T Programme with £4M Investment

(IN BRIEF) GKN Aerospace has committed £4 million to the Airbus-led Sustainable Wing Solutions (SusWingS) programme, a £15 million initiative focused on developing high-performance wing technologies and environmentally conscious manufacturing processes. This partnership, which includes Cranfield University and the University … Read the full press release

SGS to Acquire Institut d’Expertise Clinique (IEC), Expanding Global Leadership in Cosmetics Testing

(IN BRIEF) SGS has announced its acquisition of Institut d’Expertise Clinique (IEC), a prominent Clinical Research Organization specializing in advanced clinical testing for the cosmetics industry. Founded in 1990 and based in France, IEC operates across Europe, Asia, and Africa, … Read the full press release

Saudi Arabia Orders Four Additional Airbus A330 Multi Role Tanker Transport Aircraft

(IN BRIEF) Saudi Arabia has ordered four additional Airbus A330 Multi Role Tanker Transport (MRTT) aircraft for the Royal Saudi Air Force (RSAF). These aircraft will begin conversion in early 2026 and enter service by 2027, enhancing RSAF’s air-to-air refuelling … Read the full press release

Expanded Partnership Between Just – Evotec Biologics and Sandoz Enhances Biosimilar Development and Supply Security

(IN BRIEF) Just – Evotec Biologics and Sandoz have expanded their strategic partnership to advance the development and commercial manufacturing of biosimilars. This enhanced collaboration includes additional biosimilars in Sandoz’s pipeline and ensures long-term supply through Just – Evotec Biologics’ … Read the full press release

Kembara Fund I FCR Secures €350 Million EIF Commitment to Drive Deep Tech and Climate Innovation

(IN BRIEF) Kembara Fund I FCR, a €1 billion deep tech and climate-focused fund managed by Spain-based Alma Mundi Ventures, has secured a €350 million commitment from the European Investment Fund (EIF). As the first Spanish fund to be selected … Read the full press release