(IN BRIEF) EQT Private Equity has announced the sale of its 20% stake in Ottobock, the leading provider of wearable human bionics solutions, to Professor Hans Georg Näder and the Näder Family. Since EQT’s investment in 2017, Ottobock has experienced … Read the full press release
(IN BRIEF) Evonik, Germany’s second-largest chemical company, has secured a €500 million framework loan from the European Investment Bank (EIB) to accelerate its sustainable transformation. The financing will support Evonik’s Next Generation Solutions portfolio, which focuses on energy-efficient, bio-based, and … Read the full press release
Posted in Banks, Business, Chemicals, Economy, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News
Tagged EIB, Evonik, Germany, Maike Schuh, Nicola Beer, partnership, sustainability, sustainable transformation
(IN BRIEF) Leadec, an industrial services provider, is implementing a digital waste management solution at automotive plants in southern and northern Germany. This system enhances waste tracking and material flow optimization, promoting increased recycling rates and reduced disposal costs. Through … Read the full press release
Posted in Automotive, Business, Environment, Germany, Industrial, Management, Security & Safety, Technology
Tagged Alexander Bonk, Automotive Manufacturer, Digital Solution, Digital Waste Tracking, Germany, IoT-optimized waste management, Leadec, Leadec IoT platform, recycling, tracking of waste, waste management, waste management system
(IN BRIEF) The European Investment Bank (EIB) collaborates with NRW.BANK to allocate a €200 million framework loan aimed at facilitating the expansion and enhancement of refugee housing facilities in North Rhine-Westphalia, the most populous German state. This initiative involves constructing, … Read the full press release
(IN BRIEF) Fresenius Medical Care, a leading provider of products and services for renal diseases, celebrates International Women’s Day by honoring three exceptional employees for their outstanding achievements. Ana Catalina Alvarez Elias, a Research Scientist, has been recognized as an … Read the full press release
Posted in Awards, Germany, Healthcare, Society
Tagged 2024 Women MAKE Awards, Ana Catalina Alvarez Elias, Awards, Fresenius Kidney Care, Fresenius Medica Care, Germany, Greensboro, Inclusion, International Society of Nephrology, International Women’s Day, June Thompson, kidney health initiatives, National Kidney Foundation, Patricia Rapps, Product Family hemodialysis, Renal Dietician Award, renal diseases, Schweinfurt, Schweinfurter Tagblatt, USA, young women
(IN BRIEF) E.ON has received a funding commitment of €2.3 million from the state of North Rhine-Westphalia (NRW) in Germany for the construction of a hydrogen filling station in Essen’s city harbor. This milestone project aims to strengthen hydrogen mobility … Read the full press release
(IN BRIEF) Atlas Copco Group has acquired Druckluft-Technik-Nord GmbH, a compressor distributor based in Bad Oldesloe in the Hamburg area of Germany. With 18 employees, Druckluft-Technik-Nord GmbH specializes in sales and service of compressed air technology. The acquisition aims to … Read the full press release
(IN BRIEF) Metso has installed a state-of-the-art multi-purpose scrubber pilot plant at its R&D center in Frankfurt, Germany. This facility will focus on developing and optimizing gas cleaning processes, particularly simultaneous scrubbing of SO2 and NOx at low temperatures. Equipped … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and Hypo Vorarlberg have inked agreements to fund the construction of highly energy-efficient residential buildings. The deal comprises a synthetic securitisation transaction and a funding transaction, totaling €61 million. This initiative aims to … Read the full press release
Posted in Austria, Banks, Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Austria, EIB, Germany, Housing Projects, Hypo Vorarlberg, Marjut Falkstedt, Michel Haller, partnership, sustainability, Thomas Östros
(IN BRIEF) The Martin-Behaim-Gymnasium grammar school in Nuremberg is set to transition into a new, eco-friendly building thanks to an €81 million loan from the European Investment Bank (EIB). This state-of-the-art facility, constructed with wood and equipped with solar panels, … Read the full press release
Posted in Banks, Business, Construction, Education, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Germany, green transition, Helaba Landesbank Hessen-Thüringen, Nicola Beer, Nuremberg School, partnership, Sabine Möller, Sparkasse Nürnberg, state of Bavaria, sustainability, WBG Kommunal GmbH
(IN BRIEF) Ericsson and O2 Telefónica are set to deploy Cloud RAN technology in Offenbach, Germany, in the first half of 2024, marking the introduction of Ericsson Cloud RAN in Europe. This joint initiative aims to leverage virtualization and cloud … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G standalone, Cloud RAN, Daniel Leimbach, Ericsson, Europe, Germany, Mallik Rao, O2 Telefónica, partnership, sustainability
(IN BRIEF) Deutsche Telekom secures its position as the most valuable German brand, according to the BrandZ study “Top50 Most Valuable German Brands” by Kantar. With a brand value of $73.5 billion, marking an 18% contribution to the total ranking … Read the full press release
Posted in Awards, Business, Germany, Industrial, Infrastructure & Utilities, Management, News, Technology, Telecom
Tagged Awards, Deutsche Telekom, Germany, Kantar, Most Valuable Brand, René Bresgen, Ulrich Klenke
(IN BRIEF) RWE Supply & Trading has finalized Power Purchase Agreements (PPAs) with seven prominent German industrial customers, securing the supply of approximately 1,000 gigawatt hours per year of green electricity from its Kaskasi offshore wind farm starting in 2026. … Read the full press release
(IN BRIEF) Thales, a global leader in military communication satellites, announces the provision of SurfSAT-L satellite communication terminals for the German Navy’s F126 frigates. These state-of-the-art systems ensure high-performance, secure long-range connectivity crucial for naval operations, particularly in challenging maritime … Read the full press release
(IN BRIEF) Rheinmetall AG is undertaking a significant strategic initiative to enhance Germany’s national security preparedness by constructing a new ammunition factory, “Werk Niedersachsen,” at its Unterlüß site in Lower Saxony. This factory, with an investment volume of around €300 … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology
Tagged Ammunition Factory, Armin Papperger, Boris Pistorius, Chancellor Olaf Scholz, Defence, Denmark, Germany, Mette Frederiksen, partnership, Rheinmetall, Unterlüß, “Werk Niedersachsen”
(IN BRIEF) Vodafone’s innovative drone project in collaboration with partners like Wingcopter and Frankfurt University of Applied Sciences has expanded to include medicine delivery in addition to groceries to residents of remote villages around Michelstadt, Germany. Through the ‘LieferMichel’ platform, … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Retail, Science, Technology, Telecom, Transportation & Logistics, United Kingdom
Tagged 'DroLEx' (Drone Cargo Bike Express Delivery), 'LieferMichel' platform, Drone Project, Frankfurt University of Applied Sciences, Germany, medicine, Michelstadt, partnership, Remote Villages, shopping, sustainability, vodafone, Wingcopter
(IN BRIEF) DHL Freight, in collaboration with Post & Parcel Germany, has initiated a one-year pilot project deploying hydrogen-powered trucks manufactured by Paul Nutzfahrzeuge GmbH at its Cologne location. These trucks, based on the Mercedes-Benz Atego, mark DHL’s commitment to … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged DHL, Dr. Thomas Vogel, freight transport, Germany, Hydrogen-Powered Trucks, partnership, Paul Hydrogen Power-Truck, Paul Nutzfahrzeuge GmbH, Post & Parcel Germany, sustainability
(IN BRIEF) Vodafone and Autobahn GmbH have unveiled plans to expand 5G coverage across all German motorways by 2028. The initiative involves erecting additional cellular masts to eliminate coverage gaps, densify the network, and reduce dropped calls. This extensive 5G … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom, Transportation & Logistics, United Kingdom
Tagged 5G, Autobahn GmbH, German Motorways, Germany, Michael Jungwirth, partnership, sustainability, vodafone
(IN BRIEF) International technology group ANDRITZ is set to showcase its extensive array of solutions for dewatering, drying, and automation in the food industry at Anuga FoodTec 2024 in Cologne, Germany. One of the highlights includes their groundbreaking Turbex extraction … Read the full press release
Posted in Austria, Business, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Management, Media, News, Technology
Tagged Andritz, Anuga FoodTec 2024, automation, Cologne, dewatering, drying, extraction system, food industry, Germany, Innovation Center
(IN BRIEF) The European Investment Bank (EIB) has committed €150 million to the 2038 Lusatia program, aimed at mitigating the socio-economic impact of lignite phase-out and advancing climate neutrality in the region. Collaborating closely with Investitionsbank des Landes Brandenburg (ILB), … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News
Tagged EIB, Germany, green transformation, Investitionsbank des Landes Brandenburg (ILB), investment, Lusatia, Nicola Beer, partnership, sustainability, Tillmann Stenger
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