Tag Archives: INNOVATION

Women in Transport Network Launches to Promote Gender Equality and Empower Women in the Transport Sector

(IN BRIEF) The Women in Transport (WiT) Network has been launched to support women in the transport industry, aiming to promote gender equality and enhance economic, social, and environmental outcomes. The initiative stems from a report by the World Bank … Read the full press release

Dedalus Leverages Sony BRAVIA Displays to Enhance Conference Spaces and Drive Sustainability in Healthcare Innovation

(IN BRIEF) Dedalus, a leader in healthcare software, has enhanced its conference rooms across Germany, Austria, and Switzerland by installing Sony BRAVIA 4K Professional Displays. The displays provide high-quality visuals and cloud connectivity while supporting Dedalus’ sustainability efforts with energy-efficient … Read the full press release

Thales Alenia Space Secures Major ESA Contract to Develop Lunar Descent Element for European Autonomous Access to the Moon

(IN BRIEF) Thales Alenia Space has secured an €862 million contract with the European Space Agency to develop the Lunar Descent Element for the Argonaut mission, aimed at enabling European autonomous access to the Moon. Planned for the 2030s, Argonaut … Read the full press release

TravelPerk Secures $200 Million in Series E Funding to Expand AI-Driven Travel and Expense Management Solutions

(IN BRIEF) TravelPerk, a leader in business travel management software, has secured a $200 million Series E investment co-led by EQT Growth and Atomico, along with participation from other new and existing investors. The funding round, which boosts TravelPerk’s valuation … Read the full press release

ANDRITZ Strengthens Aitex’s Textile Recycling Capabilities with Advanced reXline Technology

(IN BRIEF) ANDRITZ has successfully supplied and commissioned a reXline tearing installation at Aitex in Alicante, enhancing the center’s capabilities for textile recycling research and development. The installation will support Aitex’s efforts to process a variety of raw materials, specifically … Read the full press release

Deutsche Telekom Strengthens Leadership with Tim Höttges’ Extended CEO Role and Key Executive Appointments

(IN BRIEF) Deutsche Telekom has announced the extension of Tim Höttges’ CEO contract until the end of 2028, ensuring leadership continuity. Additionally, Srini Gopalan will become the new COO of T-Mobile US, and Rodrigo Diehl, CEO of Magenta Telekom, will … Read the full press release

Fincantieri Signs Strategic Partnerships in Saudi Arabia to Advance Maritime Innovation and Cybersecurity

(IN BRIEF) Fincantieri has signed several MoUs in Saudi Arabia to expand its presence in the region, following the establishment of Fincantieri Arabia for Naval Services in 2024. These agreements focus on advancing innovation, sustainability, and industrial development, aligning with … Read the full press release

DAAD Unveils Strategy 2030 to Navigate Geopolitical Shifts and Strengthen Germany’s Role in Global Academia

(IN BRIEF) The German Academic Exchange Service (DAAD) has launched its Strategy 2030 to address significant geopolitical changes and strengthen Germany’s position as a leader in global academia. The strategy focuses on four key priorities: enhancing Germany’s role in science, … Read the full press release

Anglo American, University of Birmingham, and Cambridge Future Tech Join Forces to Launch PeroCycle for Carbon Recycling in Steelmaking

(IN BRIEF) Anglo American, in partnership with the University of Birmingham and Cambridge Future Tech, has launched PeroCycle, a venture aimed at advancing carbon recycling technology in steelmaking. The project builds on the pioneering work of Professor Yulong Ding and … Read the full press release

SSAB Appoints Helena Norrman as EVP & Head of Group Communications

(IN BRIEF) SSAB has appointed Helena Norrman as its new EVP and Head of Group Communications, a role created within the Group Executive Committee. With her extensive background in communications, Norrman will play a key role in supporting SSAB’s transformation … Read the full press release

EIB and Banco Desio Launch €400 Million Financing Initiative to Support Innovation in Italian Businesses

(IN BRIEF) In Milan, the European Investment Bank (EIB) and Banco Desio signed the first €60 million tranche of a €200 million credit line designed to boost €400 million in investment for Italian SMEs and mid-cap businesses. The initiative aims … Read the full press release

NWO Warns of Harmful Impact of Proposed Budget Cuts on Dutch Education and Research Sector

(IN BRIEF) This week, the Dutch Senate is deliberating the 2025 budget, which includes significant cuts to higher education and scientific research. NWO has expressed concern that these reductions will hinder the Netherlands’ ability to remain competitive as a knowledge-based … Read the full press release

Hexagon Appoints Anders Svensson as New President and CEO, Succeeding Norbert Hanke

(IN BRIEF) Anders Svensson has been appointed as Hexagon’s new President and CEO, set to take office by July 2025. He will succeed Norbert Hanke, who will continue as interim President and CEO until then. Svensson brings a wealth of … Read the full press release

Knorr-Bremse Celebrates 120 Years of Innovation and 20 Years of Global Care Initiatives

(IN BRIEF) Knorr-Bremse is celebrating its 120th anniversary in 2025, marking a significant milestone in the company’s growth from its founding by Georg Knorr in Berlin in 1905 to becoming a global leader in braking systems for rail and commercial … Read the full press release

Bentley Motors Recognized as a Top Employer for 14th Consecutive Year, Reinforcing Commitment to Employee Excellence

(IN BRIEF) Bentley Motors has been named a Top Employer in the UK for the fourteenth consecutive year, recognizing the company’s commitment to creating an innovative, inclusive, and supportive workplace. Bentley achieved higher scores in all key categories, including colleague … Read the full press release

EIB Report Highlights Innovation Progress and Challenges in CESEE Region

(IN BRIEF) The European Investment Bank (EIB) presented a report at the Invisso Conference in Vienna examining innovation progress in Central, Eastern, and South-Eastern Europe (CESEE). While the region has made significant strides in R&D and labor productivity, challenges such … Read the full press release

Formo Secures €35 Million EIB Loan to Scale Up Production of Fermentation-Based Cheese Alternatives

(IN BRIEF) Formo, a Berlin-based food tech company, has secured a €35 million loan from the European Investment Bank (EIB) to scale up its fermentation processes for producing dairy and egg alternatives. This brings the company’s total financing to over … Read the full press release

Christian Levin Elected Chair of ACEA’s Commercial Vehicles Board for 2025

(IN BRIEF) Christian Levin, CEO of Scania, has been elected as the new Chair of ACEA’s Commercial Vehicles Board for 2025. He stressed the European truck and bus sector’s leadership in technology and its importance for the region’s competitiveness and … Read the full press release

BASF Unveils Eco-Conscious Beauty Formulations at Cosmet’Agora with Climate-Adaptative Solutions

(IN BRIEF) At Cosmet’Agora 2025 in Paris, BASF introduced new eco-conscious formulations under its Beyond Beauty initiative, focusing on hydration, cleansing, UV protection, and natural makeup. These climate-adaptive solutions use sustainable ingredients to meet the rising consumer demand for environmentally … Read the full press release