Tag Archives: INNOVATION

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

Quark Expands Internationally with New Subsidiary in Portugal Following Sener Acquisition

(IN BRIEF) Quark, southern Europe’s leading data centre engineering and design firm, is expanding internationally with the launch of a new subsidiary in Portugal. This follows its acquisition by Sener in 2023 and its successful entry into Germany and France. … Read the full press release

EIF Pledges €20 Million to New Private Credit Fund Supporting Baltic SMEs and Sustainable Growth

(IN BRIEF) The European Investment Fund (EIF) has committed €20 million to the SG Capital Baltic Private Credit Fund, a new initiative managed by Latvia-based SG Capital Partners AIFP. The fund aims to raise €100 million to support small and … Read the full press release

CNH Industrial’s Case IH and New Holland Brands Win Ten AE50 2025 Awards for Innovation in Agriculture

(IN BRIEF) CNH Industrial’s Case IH and New Holland brands have earned ten AE50 2025 awards for their innovative products and systems aimed at enhancing the agricultural and food industries. These include the Case IH Axial-Flow 260 series combines, C500 … Read the full press release

Siemens Launches ‘Siemens for Startups’ Program to Accelerate Growth and Innovation for Early-Stage Companies

(IN BRIEF) Siemens has launched the “Siemens for Startups” program at CES 2025, aimed at empowering early-stage engineering and manufacturing startups. The initiative provides access to Siemens’ software and hardware, helping these companies innovate, streamline development, and scale faster. In … Read the full press release

Volkswagen Polo Turns 50: A Legacy of Innovation and Affordability to Be Showcased at Bremen Classic Motorshow

(IN BRIEF) Volkswagen celebrates 50 years of the Polo, an iconic small car that has sold over 20 million units across six generations since its debut in 1975. Renowned for its affordability, quality, and innovation, the Polo has become a … Read the full press release

Thales Introduces Advanced Vehicle Access Solutions with Digital Car Key and NFC CARd Key

(IN BRIEF) Thales has introduced an advanced vehicle access solution combining digital car keys with the newly launched NFC CARd Key, designed to enhance convenience and security in the automotive industry. The digital key, compliant with Car Connectivity Consortium (CCC) … Read the full press release

Edison Partners with Landis+Gyr to Launch Innovative e-Mobility Platform in Italy

(IN BRIEF) Edison, a leading energy provider with over 140 years of experience, has launched a new e-Mobility app and platform powered by Landis+Gyr’s OCEAN EV Charging Software. This platform provides access to over 30,000 charging stations across Italy, enhancing … Read the full press release

HungaroControl Joins Thales’ Alliance One to Shape the Future of Air Traffic Control with Upgraded TopSky – ATC System

(IN BRIEF) On December 9th, HungaroControl became a member of Thales’ Alliance One, a collaborative group shaping the future of air traffic control (ATC) through the upgraded TopSky – ATC system. This system, designed to meet growing air traffic demands, … Read the full press release

BASF Introduces Symbiocell®: A New Solution for Sensitive Skin Approved for Use in China

(IN BRIEF) BASF has introduced Symbiocell®, a new cosmetic ingredient derived from Cestrum latifolium leaves, now approved for use in China following a successful regulatory notification. Designed to soothe sensitive skin and reduce excessive skin reactions, Symbiocell® has shown strong … Read the full press release

EIB Supports Marcegaglia’s €170 Million Plan to Decarbonise and Innovate Steel Production

(IN BRIEF) The European Investment Bank (EIB) has provided €100 million in financing to Marcegaglia, a Mantua-based steel group, as part of a €170 million investment plan to decarbonize and modernize its operations. The funding will support projects at key … Read the full press release

Tetra Pak’s Paper-Based Barrier Innovation Wins Prestigious Resource Efficiency Award

(IN BRIEF) Tetra Pak has won the ‘Resource Efficiency’ Award at the Sustainable Packaging News Awards 2024 for its innovative paper-based barrier material, developed in collaboration with Lactogal. This world-first solution replaces the aluminium layer in aseptic cartons, reducing the … Read the full press release

ZEISS and HÜBNER Revolutionize Public Transit with Holographic Smart Glass Technology

(IN BRIEF) ZEISS and the HÜBNER Group have unveiled an innovative holographic display technology for public transit, integrating real-time information and interactive content directly into bus and train windows. Utilizing energy-efficient and space-saving Multifunctional Smart Glass, the system enhances passenger … Read the full press release