Tag Archives: INNOVATION

Siemens expands collaboration with FIA, bringing digital twin technology to next-generation motorsport innovation

(IN BRIEF) Siemens has become the Official Digital Twin Sponsor of the FIA and joined its Global Partnership Programme. Expanding FIA’s use of the Siemens Xcelerator portfolio, the collaboration enables digital design and aerodynamic optimization of Formula 1 through Formula … Read the full press release

FrieslandCampina and Milcobel take next step toward merger with publication of final proposal for member review

(IN BRIEF) FrieslandCampina and Milcobel have published their final merger proposal, outlining legal, financial, and operational details ahead of member consultations this autumn. The merger aims to create a stronger, future-proof dairy cooperative that secures long-term earnings for member farmers, … Read the full press release

Evonik launches Next Markets Program to drive growth in recycling, packaging, and aerospace innovation

(IN BRIEF) Evonik has launched the Next Markets Program, a cross-company initiative designed to capture growth opportunities in adjacent sectors, beginning with circular packaging, plastics recycling, and defense and aerospace. Led by Patrick Gloeckner, the program builds on Evonik’s broad … Read the full press release

Covestro Taiwan names Annie Chen as new Managing Director to lead business transformation from September 2025

(IN BRIEF) Covestro has appointed Annie Chen as the new Managing Director of Covestro Taiwan, effective 1 September 2025. Currently Head of Supply Chain and Logistics for Taiwan, Korea, New Zealand, and Australia, Chen succeeds Dr. Carsten Wildebrand, who will … Read the full press release

Mistra-Autex selects ANDRITZ to deliver complete needlepunch line in Estonia to boost nonwoven production for automotive industry

(IN BRIEF) Mistra-Autex AS has placed an order with ANDRITZ for a complete needlepunch line at its Raasiku, Estonia, facility, with start-up scheduled for late 2026. The new line will be equipped with the patented ProWin™ web optimization system, enabling … Read the full press release

LEGO’s She Built That Campaign Partners with TIME to Honor Global Young Leaders Redefining Innovation

(IN BRIEF) LEGO Group and TIME have partnered to launch the first-ever Girls of the Year list, celebrating 10 extraordinary young leaders aged 12 to 17 who are driving change and inspiring their communities across the globe. Part of LEGO’s … Read the full press release

Vonovia Joins ATechX Accelerator to Co‑Innovate Smart Living, Energy and IoT Solutions

(IN BRIEF) Vonovia SE has become a strategic partner of ATechX, Aroundtown’s accelerator that pairs startups with industry leaders to co-develop solutions for the real estate sector. Leveraging its management of over 500,000 apartments across Germany, Sweden and Austria, Vonovia will … Read the full press release

EIB and Hellenic Republic Celebrate Completion of Greek Guarantee Fund Supporting Over 800 Businesses

(IN BRIEF) The European Investment Bank (EIB) and the Hellenic Republic have concluded the Greek Guarantee Fund (GGF), a major financial initiative that has supported over 800 SMEs and mid-cap firms across Greece since its launch in 2014. Despite difficult … Read the full press release

EIB Group Boosts Belgian Ties with Opening of Dedicated Brussels Office Led by Torsten Brand

(IN BRIEF) The European Investment Bank (EIB) Group has established a dedicated country office in Brussels to enhance its strategic support for Belgium’s public and private sectors. Headed by Torsten Brand, a senior EIB banker and Belgian-German national, the new … Read the full press release

Mindray Achieves EU MDR Certification for Three Surgical Products with Support from TÜV Rheinland

(IN BRIEF) Mindray has received EU MDR Notified Body Certificates for three core surgical products—Articulating Endoscopic Linear Cutter and Reloads, Polymer Ligation Clip, and Reusable Electrode Surgical Instruments—awarded by TÜV Rheinland Greater China on July 11, 2025. This certification marks … Read the full press release

Nokia Powers Medusa Submarine Cable to Link Europe and North Africa with High-Capacity Digital Connectivity

(IN BRIEF) Nokia has been chosen to provide the technology for the Medusa Submarine Cable System, a next-generation open-access fiber-optic network developed by AFR-IX Telecom that connects North Africa and Europe. The system, which spans the Atlantic, Mediterranean, and Red … Read the full press release

Czech Republic orders Saab MSHORAD worth SEK 1.8 billion with deliveries slated for 2028–2030

(IN BRIEF) The Czech Ministry of Defence has ordered Saab’s MSHORAD system in a SEK 1.8 billion deal, with deliveries from 2028 to 2030. The order covers RBS 70 NG-based mobile firing units with Bolide missiles, mounted on Czech-built MARS … Read the full press release

REN and ADAI Win National Innovation Award for Natureye Forest-Fire Early-Warning System

(IN BRIEF) REN and ADAI’s Natureye platform—part of the Agenda Transform forestry consortium—has been honoured with the National Innovation Award for Utilities, Mobility and Infrastructure. Natureye deploys over 80 multispectral cameras on high-voltage towers to monitor one million hectares of … Read the full press release

ULMA Group Secures €45 Million EIB Financing for Eco-Friendly Materials and Energy-Efficient Facilities

(IN BRIEF) The European Investment Bank has granted ULMA Group a €45 million loan to fund its construction-sector innovations and sustainability endeavors. The financing will cover advanced manufacturing technologies for polymer concrete solutions, the establishment of a new plant for … Read the full press release

Iberdrola Clinches Three IR Impact Awards for Sector Leadership, Communication Innovation and AI Excellence

(IN BRIEF) At the 2025 IR Impact Awards Europe, Iberdrola won three top honours: Best in the Utilities Sector, Best Innovation in Shareholder Communication, and Best Use of Technology including Artificial Intelligence. Investors and analysts commended the company’s clear sustainability … Read the full press release

FrieslandCampina Ingredients President Ermens to Retire After 42 Years; Lindeboom Named Successor

(IN BRIEF) FrieslandCampina Ingredients President Herman Ermens will retire on 1 October 2025 after a 42-year career marked by innovation, quality improvements, and team building. Anne Peter Lindeboom, currently Managing Director Innovation for the Ingredients group, will assume the presidency. … Read the full press release

ISS to Deliver Integrated Facility Services for VELUX Across 12 European Countries from Late 2025

(IN BRIEF) ISS has entered a five-year partnership with VELUX Group to deliver integrated facility services—covering cleaning, waste management, catering, reception, and outdoor maintenance—across 12 Northern and Central European countries. Deployment begins in Denmark on 1 October 2025, with full … Read the full press release

Brenntag Partners with Wissensfabrik to Boost STEM Education Nationwide

(IN BRIEF) Brenntag has partnered with Wissensfabrik to back STEM education in German schools through financial aid and operational support for practical workshops and teaching materials. This collaboration, kicking off in 2025, enhances Brenntag’s ongoing educational initiatives and contributes to … Read the full press release

Telstra’s muru-D Labs and Nokia Open Network APIs on Network as Code Platform for Developers

(IN BRIEF) Telstra’s muru-D Labs and Nokia have teamed up to expose a curated set of Telstra network APIs through Nokia’s Network as Code developer portal, offering both live and simulated endpoints. The collaboration addresses enterprise use cases—event traffic management, … Read the full press release

EIF Backs €100 Million Orbit Growth Debt II Fund for Non-Dilutive Tech Financing in Czechia, Poland and Slovakia

(IN BRIEF) The EIF is investing up to €20 million in Orbit Growth Debt II, a new €100 million private credit fund managed by Orbit Capital, focused on non-dilutive senior debt financing for growth-stage tech and tech-enabled SMEs and small … Read the full press release