(IN BRIEF) Husqvarna Group has appointed Maha Elkharbotly as the new President of its Gardena Division and added her to the executive management team. Elkharbotly, who has held leadership roles at DSM Firmenich, LIXIL, Grohe, and Whirlpool, brings extensive experience … Read the full press release
(IN BRIEF) SEDEMAC has adopted Siemens’ Xcelerator portfolio, including Polarion™ X and Teamcenter® X software, to streamline the development of its motor control units for electric vehicles, hybrids, eBikes, and power tools. By integrating these tools, SEDEMAC aims to enhance … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Electric Vehicle Motor Control Development, EV, Harsh Vinjamoor, hybrid vehicle, INDIA, INNOVATION, Mathew Thomas, partnership, Polarion™ X and Teamcenter® X software, SEDEMAC, Siemens Xcelerator
(IN BRIEF) The European Investment Bank (EIB) has provided a €34 million loan to Vay, a German teledriving technology company, to support its expansion in Europe. Vay’s innovative system allows vehicles to be remotely driven by trained drivers from a … Read the full press release
Posted in Automotive, Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged Bogdan Djukic, EIB, Europe, Fabrizio Scelsi, Germany, INNOVATION, investment, Nicola Beer, partnership, Remote-Driven Car-Sharing, sustainability, Thomas von der Ohe, Vay
(IN BRIEF) The European Investment Fund (EIF) has partnered with LfA Förderbank Bayern to expand a guarantee programme aimed at supporting small and medium-sized enterprises (SMEs) in Bavaria. With a €13 million counter-guarantee from the EIF, the programme will enable … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Bavaria, Dr. Bernhard Schwab, EIF, INNOVATION, LfA Förderbank Bayern, Marjut Falkstedt, partnership, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) Board has approved €5.8 billion in new financing to support various projects across Europe and beyond. This includes €2.2 billion for clean energy and water projects, €1.8 billion for urban development and education, … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged CROATIA, EIB, France, Global Energy, INNOVATION, Italy, Nadia Calviño, partnership, Poland, sustainability, TRANSPORT
(IN BRIEF) The EIB Group, comprising the European Investment Bank (EIB) and the European Investment Fund (EIF), has teamed up with Groupe BPCE to support small businesses and mid-caps in France. They signed two financing agreements exceeding €1 billion to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, EIB, EIF, France, Groupe BPCE, Hélène Madar, INNOVATION, Jérôme Terpereau, Marjut Falkstedt, partnership, renewable energy projects, SMEs, sustainability
(IN BRIEF) Lindner Group has launched the MUTE+® wings, a new line of acoustic wall absorbers designed in collaboration with Simon Busse. Inspired by the lightness of wings, these sound-absorbing panels enhance room acoustics by reducing noise and reverberation, creating … Read the full press release
(IN BRIEF) Infineon Technologies AG has launched SECORA™ Pay Green, the world’s first contactless payment card technology designed to significantly reduce plastic waste and carbon emissions in the payment card industry. This new solution integrates an eco-friendly Coil-on-Module (eCoM) package, … Read the full press release
(IN BRIEF) Ericsson is expanding its R&D efforts in India, focusing on Network APIs and AI technologies to enhance 5G capabilities. These APIs will allow developers and industries to leverage advanced 5G features like network slicing and quality on demand. … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G network, AI, Andrés Vicente, API, Bharti Airtel, Ericsson, INDIA, INNOVATION, partnership, R&D, Reliance Jio
(IN BRIEF) Gian Luca Grondona, Chief HR, Organization & Systems Officer at Webuild Group, was named Global Ambassador for Genoa by Mayor Marco Bucci during the “Genoa and Columbus Day” celebrations. The honor recognizes Grondona’s civic engagement and his efforts … Read the full press release
Posted in Awards, Business, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Awards, Civic Engagement, Genoa, Gian Luca Grondona, Global Ambassador, INNOVATION, leadership, Mayor Marco Bucci, Webuild
(IN BRIEF) TÜV Rheinland Greater China recently held its annual new service launch event in Shenzhen, unveiling a comprehensive suite of certification services for electronic and electrical products. These services focus on diverse environments and emphasize key areas such as … Read the full press release
(IN BRIEF) Audi has unveiled the new Q6 Sportback e-tron, expanding its electric vehicle portfolio. The new Sportback boasts a sleek and dynamic design inspired by the Audi TT Coupé, offering an extended range of up to 656 kilometers due … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Audi, INNOVATION, Q6 Sportback e-tron
(IN BRIEF) The SETsquared Partnership universities, including the University of Southampton, and QantX have launched a £300 million investment vehicle to accelerate the growth of science and technology companies. This initiative aims to address funding disparities in the region and … Read the full press release
Posted in Business, Education, Environment, Financial, Government, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged bath, Bristol, Cardiff, Exeter, INNOVATION, investment fund, Mark Spearing, partnership, Patrick Vallance, QantX, Richard Haycock, science, SETsquared, Southampton, Surrey, sustainability, technology
(IN BRIEF) Integrated Wind Solutions (IWS), a Norway-based company focused on the offshore wind industry, is advancing its commitment to renewable energy through a comprehensive range of services that support the entire lifecycle of offshore wind farms. Established in 2020 … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged INNOVATION, Integrated Wind Solutions, Marius Magelie, net zero, NIB, Norway, Offshore wind, partnership, sustainability
(IN BRIEF) Covestro has announced a €100 million investment aimed at enhancing its research and development (R&D) infrastructure over the next three years, targeting sustainable solutions and digital advancements. This initiative supports the company’s commitment to becoming fully circular and … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Science, Technology
Tagged Covestro, INNOVATION, investment, R&D, Sucheta Govil, sustainability, Torsten Heinemann
(IN BRIEF) Vonovia has successfully implemented its new BIM.permit software, developed in collaboration with VSK.software, to streamline the approval process for new construction projects by checking 3D models for compliance with building regulations. The initiative marks a significant advancement in … Read the full press release
(IN BRIEF) The World Economic Forum (WEF) has honored Siemens’ Erlangen factory in Germany with the designation of Digital Lighthouse Factory, incorporating it into the Global Lighthouse Network. This accolade recognizes advanced manufacturing sites that effectively utilize fourth industrial revolution … Read the full press release
Posted in Awards, Business, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Technology
Tagged Awards, Cedrik Neike, Digital Lighthouse, Erlangen Factory, INNOVATION, leadership, Siemens, Stephan Schlauss, sustainability, World Economic Forum
(IN BRIEF) MegaFair is transforming the iGaming industry by focusing on skill-based gaming, catering to the growing demand for entertainment and strategic competition among players. By moving away from traditional luck-based gambling, MegaFair offers a unique blend of excitement and … Read the full press release
Posted in Cyprus, Entertainment, Internet & Online, Malta
Tagged cash prizes, casual games, Competition, gambling, iGaming industry, immersive gameplay, INNOVATION, market advantage, matchmaking system, Mega Bingo, Mega Solitaire, MegaFair, mobile app market, skill-based gaming, strategic gaming, transparent gaming experience, Yan Shif
(IN BRIEF) European Union finance ministers have endorsed a new Action Plan from the European Investment Bank (EIB) Group aimed at strengthening the Capital Markets Union. This initiative is designed to broaden financing options for innovative European companies and unicorns, … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged capital markets, EIB Group, Enrico Letta, EU, INNOVATION, Mario Draghi, Nadia Calviño, partnership, sustainability, Ursula von der Leyen
(IN BRIEF) BASF is showcasing its latest sustainable innovations at Fakuma 2024 under the theme #ourplasticsjourney, focusing on more efficient and eco-friendly plastic solutions. Highlights include the SIRIUS 3RV2 circuit-breaker, developed with Siemens, which uses biomass-balanced plastics, and BASF’s expanded … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged BASF, Fakuma 2024, INNOVATION, Plastic Solutions, sustainability
(IN BRIEF) ZF, a global leader in foundation brake systems, has achieved a major milestone by producing 250 million Electric Parking Brake (EPB) units. This accomplishment highlights ZF’s pioneering role in EPB technology, which it introduced nearly 25 years ago. … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged Brake System, Danny Milot, Electric Parking Brake Units, INNOVATION, safety, ZF
(IN BRIEF) The EIB has granted €220 million to Nexi Group to support innovation in Europe’s digital payments sector. The funding will help drive the development of modernized payment solutions, job creation, and sustainability initiatives, reflecting Nexi’s commitment to ESG … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Internet & Online, Investment, Luxembourg, Management, News, Technology
Tagged Bernardo Mingrone, digital payment, EIB, Europe, Gelsomina Vigliotti, INNOVATION, Nexi Group, partnership, sustainability
(IN BRIEF) The EY DNA of the Financial Controller Report reveals that 86% of financial controllers expect their roles to change drastically by 2030, with a shift toward value creation and supporting business growth. Many controllers anticipate the need for … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged EY, Financial Controller, INNOVATION, Myles Corson
(IN BRIEF) Stellantis is advancing its manufacturing processes through AI-driven innovations and sustainable solutions, as showcased at its ninth annual Factory Booster Day on September 18, 2024, in Turin, Italy. The event featured over 60 partners and 93 new technologies … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Business, Environment, Financial, Government, Industrial, Investment, Italy, Management, Media, Netherlands, Technology
Tagged AI, Arnaud Deboeuf, Factory Booster Day, INNOVATION, Italy, Stellantis, sustainability
(IN BRIEF) iF Design has launched a new podcast series called Future of XYZ, hosted by Lisa Gralnek, Managing Director of iF Design USA. The bi-weekly podcast explores the role of design in shaping the future across fields like science, … Read the full press release
Posted in Art & Culture, Business, Financial, Germany, Industrial, Investment, Management, Marketing, Media, News, Technology
Tagged Amy Devers, and Evan Orensten, design, iF Design, INNOVATION, Josh Rubin, Lisa Gralnek, “Future of XYZ” Podcast
(IN BRIEF) SEB is restructuring its organization to align with its long-term strategic goals, effective January 1, 2025. The changes include consolidating wealth and asset management into a single division, creating a new Chief Operating Officer (COO) role, and renaming … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged appointment, INNOVATION, Johan Torgeby, Jonas Ahlström, leadership, SEB, William Paus
(IN BRIEF) Evonik has launched a new innovation strategy aimed at generating €1.5 billion in additional sales by 2032. The strategy focuses on three key areas: bio-based solutions, the energy transition, and the circular economy. These initiatives will help drive … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged bio-based solutions, circular economy, energy transition, Evonik, Harald Schwager, INNOVATION, Ralph Marquardt, sustainability
(IN BRIEF) The Mercedes-Benz eCitaro G has been named “Electric Bus Champion 2024” at IAA Transportation in Hanover after winning a comprehensive comparison test organized by Omnibusspiegel. The articulated bus excelled in categories such as passenger comfort, driver handling, build … Read the full press release
Posted in Awards, Business, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged 'Electric Bus Champion 2024', Awards, Daimler truck, eCitaro G, IAA Transportation 2024, INNOVATION, leadership, Mercedes-Benz, Mirko Sgodda, performance, Till Oberwörder
(IN BRIEF) Stark Future, a leading electric motorcycle company in Spain, has obtained a €40 million loan from the European Investment Bank (EIB) to boost its research, development, and production of electric motorbikes. Backed by the EU’s InvestEU program, the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Spain, Technology, Transportation & Logistics
Tagged EIB, electric motorcycle, INNOVATION, partnership, Spain, Stark Future, sustainability
(IN BRIEF) Merck and Siemens have signed a strategic partnership to accelerate digital transformation in manufacturing through smart, modular production systems. Siemens will become Merck’s preferred global supplier, providing advanced hardware and software solutions via the Siemens Xcelerator platform. The … Read the full press release
Posted in Business, Germany, Industrial, Infrastructure & Utilities, Technology
Tagged automation, Cedrik Neike, chemical production, digital transformation, electronics, flexibility, global supplier, GMP, Healthcare, INNOVATION, Kai Beckmann, life sciences, Manufacturing, Merck, modular production, Module Type Package, MTP, partnership, Pharmaceutical Production, Siemens, Siemens Xcelerator platform, smart manufacturing, sustainability
(IN BRIEF) The European Investment Bank (EIB) and venture capital firm LIFTT have announced a €100 million partnership to support innovation in Italy. Together, they will create LIFTT EuroInvest, a joint stock company aimed at making 20 to 30 equity … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Luxembourg, Management, News, Small Business, Technology
Tagged EIB, Gelsomina Vigliotti, INNOVATION, Italy, LIFTT, partnership, SMEs, Stefano Buono, sustainability
(IN BRIEF) Krka celebrated its 70th anniversary by unveiling a new book with an inscription alongside its “Girl with the Growing Book” sculpture. The new book’s inscription reflects the company’s commitment to ambitious ideas, professionalism, creativity, and courage. Slovenian President … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, Media, News, Pharma & Biotech, Science, Slovenia, Technology
Tagged 70 Years, Dr. Nataša Pirc Musar, INNOVATION, Jože Colarič, Jurij Smole, Krka, sculpture
(IN BRIEF) Marjolein van Wijngaarden has been appointed to the board of NWO’s Applied and Engineering Sciences (AES) domain, effective September 1, 2024. She brings over 25 years of experience in sustainability, innovation, and strategic partnerships, currently serving as the … Read the full press release
Posted in Business, Environment, Industrial, Management, Netherlands, News, Science, Technology
Tagged AES Board, appointment, INNOVATION, leadership, Marjolein van Wijngaarden, NWO, sustainability, Thom Palstra
(IN BRIEF) Škoda Auto is celebrating major anniversaries for its Kvasiny and Vrchlabí plants, marking 90 and 160 years of operation, respectively. The Vrchlabí plant, originally a carriage manufacturer, has evolved into a cutting-edge facility producing automatic transmissions, achieving carbon … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) Group has launched a photo exhibition in Ljubljana to celebrate the 20th anniversary of Slovenia’s membership in the European Union. The exhibition, titled “Slovenia – 20 Years of Progress in the EU,” features … Read the full press release
Posted in Art & Culture, Banks, Financial, Government, Infrastructure & Utilities, Slovenia
Tagged 20th anniversary, economic growth, Education, EIB Group, EIF, EU membership, EU policy objectives, European Investment Bank, European Investment Fund, European Union, financing, Gallus Embankment, infrastructure, INNOVATION, Klemen Boštjančič, Kyriacos Kakouris, Ljubljana, low carbon economy, photo exhibit, Simon Savšek, Slovenia, social infrastructure, sustainable development
(IN BRIEF) Sanum per Fructus, a honey producer in Kragujevac, Serbia, is modernizing its operations by integrating digital technology while maintaining traditional beekeeping practices. Supported by the EBRD’s Youth in Business Programme, the company connects with local beekeepers through a … Read the full press release
Posted in Banks, Business, Financial, Investment, Serbia, Small Business, United Kingdom
Tagged Aleksandra Slavković, beekeepers, Bees, Central European Initiative, digital technology, EBRD, ecosystem health, environmental protection, European Union, honey production, INNOVATION, Italy, Kragujevac, Luxembourg, Mica Đorđević, pollination, quality assurance, Sanum per Fructus, SERBIA, sustainability, sustainable beekeeping, Sweden, tradition, Vladimir Milanović, Youth in Business Programme
(IN BRIEF) The Mobility House has restructured into four specialized business units—The Mobility House Energy, Solutions, Charging, and North America—to better serve the evolving energy and mobility markets. This reorganization aims to enhance flexibility and support the company’s goal of … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, News, Switzerland, Technology, Transportation & Logistics, United Kingdom
Tagged appointment, Daniel Heydenreich, Dr. Herbert Diess, Dr. Raphael Hollinger, England, France, Germany, Gregor Hintler, Heiko Bayer, INNOVATION, leadership, The Mobility House, The Mobility House Charging, The Mobility House Energy, The Mobility House North America, The Mobility House Solutions, Thomas Raffeiner, zero-emission
(IN BRIEF) Adyen has appointed Tom Adams as its new Chief Technology Officer (CTO), succeeding Alexander Matthey. Adams, formerly Head of Engineering at Cash App, will oversee the strategic and technological vision of Adyen’s unified platform. His appointment has been … Read the full press release
Posted in Business, Financial, Industrial, Management, Netherlands, News, Technology
Tagged Adyen, Alexander Matthey, appointment, Chief Technology Officer, INNOVATION, leadership, Pieter van der Does, Tom Adams
(IN BRIEF) BBVA has been recognized by Global Finance magazine as a leader in corporate banking, winning awards for Most Innovative Bank in Spain, Best Mobile Banking App, and Best Open Banking Strategy. The bank was praised for its innovative … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Industrial, Internet & Online, Investment, Management, News, Spain, Technology
Tagged Awards, BBVA, corporate banking, finance, INNOVATION, leadership
(IN BRIEF) IKEA South Korea has implemented advanced automation systems at its Giheung store as part of a global initiative by the Ingka Group to enhance customer experience and operational efficiency. The €11 million investment in technology, including wireless-controlled robots … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, Internet & Online, Investment, Management, Marketing, Netherlands, News, Retail, Technology
Tagged automation, E-Commerce, Giheung store, IKEA, Ingka Group, INNOVATION, investment, Marcus Baumgartner, partnership, South Korea, sustainability
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
