Tag Archives: infrastructure

VINCI Announces Leadership Appointments for Airports and Autoroutes Sectors to Strengthen Strategic Growth

(IN BRIEF) Nicolas Notebaert, CEO of VINCI Concessions, has announced leadership changes within VINCI Airports and VINCI Autoroutes as part of a strategic restructuring. Sabine Granger has been appointed as the CEO of VINCI Autoroutes, while Rémi Maumon de Longevialle … Read the full press release

EIB and Malta’s Ministry for Finance Sign €130 Million Agreement to Boost Sustainable Growth and Innovation

(IN BRIEF) The EIB has signed a €130 million agreement with the Maltese government, marking the first tranche of a €260 million financing package aimed at co-financing key EU-backed projects. The funding will support various sectors including healthcare, digital innovation, … Read the full press release

AFRY Achieves Eighth Consecutive Bronze Award in Energy, Utilities & Environment Category

(IN BRIEF) AFRY has once again been awarded the Bronze recognition in the Energy, Utilities & Environment category by the Financial Times and Statista, marking its eighth consecutive year on the list. The ranking is based on extensive surveys of … Read the full press release

BBVA Strengthens Tech Talent Pool with Plans to Hire 1,100 New Experts in 2025

(IN BRIEF) BBVA has been actively strengthening its tech talent pool as part of its long-term digital transformation strategy. Over the last three years, the bank added 10,100 technology professionals, with plans to grow its tech-focused workforce to 20,000 by … Read the full press release

Evonik and Fuhua Launch Joint Venture in China to Produce Specialty Hydrogen Peroxide for Key Industries

(IN BRIEF) Evonik and Fuhua Tongda Chemicals have formed a joint venture in Leshan, China, to produce specialty hydrogen peroxide (H2O2) for industries like solar panels, semiconductors, and food packaging. With Evonik holding a 51% stake, the venture aims to … Read the full press release

Thales Leads the Way in Trusted, Ethical AI for Critical Systems and Global Security

(IN BRIEF) Thales, a global leader in defence, aerospace, and cybersecurity, continues to lead AI innovation for critical systems. The company is committed to developing trusted, ethical AI that emphasizes transparency, energy efficiency, and cybersecurity. With cutting-edge AI solutions applied … Read the full press release

ABB India Celebrates 75 Years of Innovation and Sustainable Growth in India

(IN BRIEF) ABB India is celebrating 75 years of operations, having played a significant role in India’s industrial and technological development since its inception in 1949. The company has contributed to electrification, automation, and digitalization across sectors such as utilities, … Read the full press release

Volvo Group Takes Bold Step Toward Decarbonization at CES 2025

(IN BRIEF) Martin Lundstedt, CEO of Volvo Group, will deliver a keynote at CES 2025, highlighting the company’s strategy for decarbonizing the transport, mobility, and infrastructure sectors. Emphasizing the urgent need for action, Lundstedt called for accelerated adoption of zero-emission … Read the full press release

EIB Provides €55 Million to Rebuild Ukraine’s Schools, Hospitals, and Social Infrastructure Under Recovery Programme

(IN BRIEF) The European Investment Bank (EIB) has allocated €55 million in EU-guaranteed funding under the Ukraine Recovery Programme to rebuild critical social infrastructure in 2025 and beyond. This funding, part of the €340 million framework loan backed by the … Read the full press release

EIB Commits €15.6 Billion to Security, Renewable Energy, and Infrastructure in Ambitious Investment Drive

(IN BRIEF) The European Investment Bank (EIB) has approved €15.6 billion in financing to support key projects across security, energy, climate resilience, and infrastructure. Highlights include €1 billion to support SMEs in security and defence supply chains, €6.8 billion for … Read the full press release

EIB Delivers Over €60 Million in EU-Backed Funding to Rebuild Critical Infrastructure in Ukraine

(IN BRIEF) The European Investment Bank (EIB) has committed over €60 million in EU-backed funding to support critical infrastructure projects in Ukraine as part of its Ukraine Solidarity Urgent Response package. This includes €43.48 million to reconstruct the war-damaged M01 … Read the full press release

European Investment Bank Unveils Major Commitments to Infrastructure, Innovation, and Inclusion at Africa Investment Forum

(IN BRIEF) At the 2024 Africa Investment Forum in Rabat, Morocco, the European Investment Bank (EIB) announced major commitments to support sustainable development in Africa. Key initiatives include a $80 million investment in the Pembani Remgro Infrastructure Fund II, the … Read the full press release

Atos Extends Partnership with EUROCONTROL to Support Critical Infrastructure and Cybersecurity Monitoring for European Aviation

(IN BRIEF) Atos has extended its contract with EUROCONTROL to provide continuous support for the management of critical infrastructure and cybersecurity in European airspace management. The new phase of this partnership will enhance EUROCONTROL’s IT infrastructure resilience and integrate innovative … Read the full press release

Siemens Partners with UAE Ministry of Energy and Infrastructure for Landmark Decarbonization Program

(IN BRIEF) Siemens has partnered with the UAE Ministry of Energy and Infrastructure to retrofit 60 government buildings with energy-efficient technologies as part of a decarbonization program aligned with the UAE’s net-zero emissions goal by 2050. The program aims to … Read the full press release

Webuild and Partners to Drive Melbourne’s Sustainable Transit Future with Major Rail Loop Project

(IN BRIEF) Webuild, leading a joint venture with GS E&C and Bouygues Construction, has signed a AU$1.7 billion contract to construct the Tunnels North segment of Melbourne’s Suburban Rail Loop (SRL) East, aimed at enhancing sustainable public transit options for … Read the full press release

EBRD Invests €3 Billion to Strengthen Green Cities Programme for Sustainable Urban Futures

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has pledged an additional €3 billion to expand its Green Cities programme, supporting sustainable urban development across 50+ cities. The programme introduces enhanced Green City Action Plans (GCAPs), with updated … Read the full press release

EIB Pledges €10.3 Billion for Climate-Resilient Agriculture, Energy, and Infrastructure in Europe

(IN BRIEF) The European Investment Bank (EIB) has committed €10.3 billion to support various European sectors, including agriculture, energy, water, education, and innovation. This funding includes €900 million for immediate reconstruction in flood-affected areas and a landmark €3 billion initiative … Read the full press release

Global Race for Autonomous Trucks: Europe a Critical Region Transport Transformation

(IN BRIEF) In 2024, the trucking industry has made significant strides in commercializing autonomous driving technology to address challenges like high operational costs, driver shortages, and safety concerns. The global trucking fleet is expected to incorporate an additional 500,000 Level … Read the full press release

Webuild’s Largest Tunnel Boring Machine Begins Salerno-Reggio Calabria Rail Project, Pioneering New Innovations in Sustainable Infrastructure

(IN BRIEF) Webuild has received its largest Tunnel Boring Machine (TBM) in Europe to work on the Salerno-Reggio Calabria High-Speed Rail Line. The 13-meter wide machine, equipped with 18 motors and 10 Megawatts of power, will excavate tunnels for Lot … Read the full press release

Ireland and EIB Collaborate to Advance Offshore Wind Port Infrastructure

(IN BRIEF) The Irish Department of Transport and the European Investment Bank (EIB) have announced a partnership to develop port infrastructure critical for supporting offshore wind projects in Irish waters. The collaboration, led by Minister Eamon Ryan and EIB Vice … Read the full press release