Tag Archives: INNOVATION

The Mobility House Restructures to Enhance Flexibility and Drive Zero-Emission Innovation

(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

Adyen Appoints Tom Adams as New Chief Technology Officer to Drive Innovation and Growth

(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

BBVA Sets the Benchmark for Innovation in Corporate Banking, Wins Top Honors from Global Finance

(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

Ingka Group Invests in Advanced Automation at IKEA South Korea to Boost E-Commerce Fulfillment

(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

Stora Enso and Enkei Collaborate on Sustainable Packaging Solution for Designer Lamps

(IN BRIEF) Stora Enso has partnered with Swedish startup Enkei to develop an innovative and sustainable packaging solution for Enkei’s designer table lamp, Reminder (001). The packaging, made from Stora Enso’s biodegradable and recyclable materials, Papira® foam and corrugated board, … Read the full press release

Symrise Expands Shanghai Facility, Boosting Production Efficiency and Market Presence

(IN BRIEF) Symrise has completed the expansion of its food and beverage (F&B) powder blending facility in Jinqiao, Shanghai, marking a significant step in enhancing its production capabilities and operational efficiency. The new state-of-the-art blender in the seasoning plant increases … Read the full press release

EQT Partners with Compass to Accelerate Global Expansion and Innovation in EdTech

(IN BRIEF) EQT, a global investment firm, has announced a strategic partnership with Compass, a leading K-12 education software company. The partnership aims to accelerate Compass’s growth, enhance its platform, and support its international expansion. With over 3,000 schools already … Read the full press release

Loughborough University Praised for Driving Economic Growth and Innovation in New Jobs Foundation Report

(IN BRIEF) A new report by the Jobs Foundation highlights Loughborough University’s significant contributions to the local economy through business creation, job growth, and regional development. The report showcases the University’s role in supporting innovation and entrepreneurship, particularly through its … Read the full press release

University of Liverpool and MTC Strengthen Collaboration to Drive UK Manufacturing Innovation

(IN BRIEF) The University of Liverpool and the Manufacturing Technology Centre (MTC) have formalized their collaboration with a Memorandum of Understanding, aimed at expanding their joint research efforts in manufacturing innovation. Building on a history of successful partnerships, the two … Read the full press release

Symrise Boosts Innovation Capabilities in Northern China with Expanded Beijing R&D Hub

(IN BRIEF) Symrise has opened an expanded Sales and R&D hub in Beijing to better serve the growing food and beverage market in Northern China. The 800 sqm facility includes advanced laboratories for beverage, dairy, culinary, and snack applications, designed … Read the full press release

EIF Backs €50 Million in Nine Realms Fund to Propel Sustainable Supply Chain Innovation Across Europe

(IN BRIEF) The European Investment Fund (EIF) has invested €50 million in Nine Realms’ new venture capital fund, Nine Realms Fund I K/S, which aims to raise €200 million to support early-stage companies focused on sustainable supply chain technology. The … Read the full press release

Philips and Isala Hospital Extend Partnership to Boost Healthcare Innovation and Sustainability

(IN BRIEF) Philips and Isala Hospital have renewed their strategic partnership to enhance healthcare delivery through advanced technology, focusing on radiology and cardiology. The collaboration, which began in 2012, will continue for five years with an option to extend. The … Read the full press release

Liverpool to Host British Science Festival 2025, Celebrating Innovation and Community Engagement

(IN BRIEF) The British Science Association (BSA) has announced that the British Science Festival will be held in Liverpool from September 10 to 15, 2025, in partnership with the University of Liverpool and Liverpool John Moores University (LJMU). The event … Read the full press release

Evonik’s MACBETH Project: A New Era in Chemical Industry Innovation

(IN BRIEF) Evonik’s MACBETH project marks a revolutionary advancement in the chemical industry. The team, led by Robert Franke, installed a demonstration plant at the Marl Chemical Park, showcasing innovative research cast in steel and iron. This project highlights significant … Read the full press release

Elmos Semiconductor SE Celebrates 40 Years of Innovation and Global Growth

(IN BRIEF) Elmos Semiconductor SE is celebrating its 40th anniversary this year, marking four decades of innovation and growth in the automotive mixed-signal semiconductor industry. Founded in 1984 in Dortmund by Prof. Dr. Günter Zimmer, Dr. Klaus Weyer, and Norbert … Read the full press release

Symrise Launches Digital Immersion Co-Creation Center in Singapore to Foster Food and Beverage Innovation

(IN BRIEF) Symrise has launched a Digital Immersion Co-Creation Center in Singapore, starting operations in Q3 2024. This high-tech facility integrates digital technology with market, consumer, and sensory insights to drive innovation in food and beverage development. The center features … Read the full press release

BBVA Named World’s Best Corporate Bank 2024 by Global Finance for Outstanding Performance and Innovation

(IN BRIEF) BBVA has been named the World’s Best Corporate Bank 2024 by Global Finance magazine, marking the fourth time and second consecutive year it has received this honor. The award recognizes BBVA’s strong performance, reputation, and management excellence. BBVA … Read the full press release

Papara Partners with Thales to Introduce World-First Personalization Solution for Payment Cards

(IN BRIEF) Thales has partnered with Turkish fintech leader Papara to launch the world’s first deployment of the SketchMyCard solution, allowing users to design personalized payment cards that showcase their creativity and individuality. This collaboration has led to increased card … Read the full press release

Symrise Celebrates 70 Years of Sun Protection Innovation

(IN BRIEF) Symrise is celebrating its 70-year legacy of sun protection innovation as part of its “150 shades of innovation” campaign, honoring the 150th anniversary of its founding father Wilhelm Haarmann’s first patent. The company has pioneered advancements in UV … Read the full press release

EIB Invests €37.5 Million in Nyxoah’s Innovative Sleep Apnea Solutions

(IN BRIEF) The European Investment Bank (EIB) has awarded Belgium-based medtech company Nyxoah €37.5 million in venture-debt financing to support the development of innovative treatments for obstructive sleep apnea (OSA). This funding, backed by the InvestEU Life Sciences programme, will … Read the full press release

TotalEnergies Expands Sustainable Lubricant Production with Tecoil Acquisition

(IN BRIEF) TotalEnergies has acquired Finnish company Tecoil, a leader in producing Re-Refined Base Oils (RRBOs) through an efficient used oil regeneration process. Tecoil operates a 50,000-ton RRBO facility in Finland and has developed a circular economy network for collecting … Read the full press release

TUM Entrepreneurship Day Celebrates Munich’s Innovative Start-ups with Prestigious Awards

(IN BRIEF) The TUM Entrepreneurship Day celebrated Munich’s innovation ecosystem, highlighting achievements of local start-ups. Reverion won the TUM Presidential Entrepreneurship Award for its high-efficiency biogas power plant. Finalists included Planet A Foods, with a sustainable chocolate alternative, and RobCo, … Read the full press release

Thales Secures First EASA Design Verification Report for Light UAS, Boosting Long-Range Drone Operations

(IN BRIEF) Thales has become the first company to receive a Design Verification Report (DVR) from the European Union Aviation Safety Agency (EASA) for Light UAS SAIL III, using its ScaleFlyt avionics in the Aeromapper AVEM 300 CERBERE UAV. This … Read the full press release

Henkel Opens Second Application Center in North Vietnam to Drive Innovation in Footwear and Fashion

(IN BRIEF) Henkel has opened a second Application Center in Thanh Hoa, North Vietnam, to support leading sports and fashion brands in Asia-Pacific and Greater China. This center complements Henkel’s existing facility in Bien Hoa, Ho Chi Minh, enhancing local … Read the full press release

French Industry Leaders Launch Biotech Open Platform to Drive Innovation in Precision Fermentation

(IN BRIEF) French industry giants Danone and Michelin, in collaboration with American start-up DMC Biotechnologies and Crédit Agricole Centre France, announce the establishment of the Biotech Open Platform. This pioneering initiative aims to accelerate the development of precision fermentation processes, … Read the full press release

Ageas Projects Shine in Prestigious Awards Program

(IN BRIEF) Ageas celebrates recognition in the prestigious Quorus Awards, with four of its innovative projects making it to the final rounds of this esteemed program. Among nearly 300 entries spanning 40 countries, Grupo Ageas Portugal and AKsigorta in Türkiye … Read the full press release

Orange Alliance Program Expands: Silknet Partners with Orange for Telecom Innovation in Georgia

(IN BRIEF) Orange and Silknet, Georgia’s prominent telecommunications providers, have forged a strategic partnership under the Orange Alliance program, effective June 3, 2024, aimed at bolstering Silknet’s capabilities across B2C, B2B, and ICT sectors with Orange’s expertise and innovative solutions. … Read the full press release

Sustainable Innovation: Arkema’s Clear Lake Facility Recognized with ISCC PLUS Certification

(IN BRIEF) Arkema, a leading specialty materials company, has achieved ISCC PLUS certification for its acrylic monomers production facility in Clear Lake, Texas, marking another step in its global decarbonization efforts. This accomplishment follows similar certifications at Arkema’s facilities in … Read the full press release

Orange Announces Unprecedented Initiative: Free 5G Access for All Customers During Paris 2024 Olympics

(IN BRIEF) In an unprecedented move, Orange announces an exceptional initiative to enhance connectivity for its customers during the Paris 2024 Games. From June 3 to September 8, 2024, all 4G consumer and business customers will have access to Orange’s … Read the full press release

Safran Cabin’s CUBE Wins Crystal Cabin Award for Galley Waste Disposal Innovation

(IN BRIEF) Safran Cabin’s groundbreaking galley waste disposal system, the CUBE, earns the prestigious Crystal Cabin Award in the Cabin Systems category for its innovative design and functionality. The CUBE revolutionizes galley waste management with its space-saving features, easy integration, … Read the full press release

sewts: Innovating Robotics in Laundry and Beyond

(IN BRIEF) Munich-based start-up sewts is revolutionizing industrial processes with AI-powered robots adept at handling materials with dynamic shapes, particularly textiles. Founded by graduates of the Technical University of Munich (TUM), sewts initially focused on automating tasks in industrial laundries, … Read the full press release

Bechtle Recognized as Best Managed Company, Setting Benchmark for Strategic Vision and Innovation

(IN BRIEF) Bechtle AG receives acclaim at the prestigious Best Managed Companies Awards, hosted by Deloitte Private, UBS, FAZ, and BDI, for its exceptional leadership and role-model status in shaping the future through strategic vision, innovation, and forward-thinking management culture. … Read the full press release

ASML and TU/e Forge Path to Semiconductor Innovation with Expanded Collaboration

(IN BRIEF) ASML and Eindhoven University of Technology (TU/e) are set to enhance their collaboration with a new agreement signed on May 23, aiming to drive innovation in semiconductor technology. Over the next decade, the partnership will see nearly a … Read the full press release

ASML and TU/e Strengthen Collaboration to Drive Semiconductor Innovation

(IN BRIEF) ASML and Eindhoven University of Technology (TU/e) have solidified their partnership with a significant expansion aimed at fostering innovation in semiconductor technology. Over the next decade, nearly a hundred PhD students will engage in collaborative research, focusing on … Read the full press release

Sartorius and NVIDIA Deepen Collaboration for AI-Powered Biopharma Innovation

(IN BRIEF) Sartorius, a prominent life science group, is expanding its collaboration with NVIDIA to advance the development of new therapies by integrating NVIDIA’s AI-powered computing platforms with Sartorius’ expertise in life sciences and bioprocessing. Since 2020, Sartorius has integrated … Read the full press release

EIF and Greek Government Launch €200 Million Equity Fund to Boost Innovation in Life Sciences and Sustainability Sectors

(IN BRIEF) Greek startups and SMEs in life sciences, healthcare, and sustainability sectors are set to receive a significant boost with the launch of a €200 million equity agreement managed by the EIF arm of the EIB Group. The agreement, … Read the full press release

EIF’s €200 Million Equity Mandate Boosts Greek Innovation and Sustainability

(IN BRIEF) The Hellenic Republic has entrusted the European Investment Fund (EIF) to manage €200 million from European structural funds and national resources to provide equity financing for Greek startups and SMEs in the life sciences, healthcare, and sustainability sectors. … Read the full press release

Applike Group Expands to New Headquarters in Hamburg, Combining Innovation with Industrial Design

(IN BRIEF) The Hamburg-based tech firm, the applike group, renowned for mobile app management and distribution, has relocated its headquarters to central Hamburg to accommodate its expanding operations. The move to new offices, managed by Lindner, reflects the company’s commitment … Read the full press release

Mercedes-Benz Trucks Embarks on Landmark European Testing Tour with eActros 600 Electric Flagship

(IN BRIEF) Mercedes-Benz Trucks is gearing up for its most extensive test run yet, slated for this summer, featuring the groundbreaking electric flagship eActros 600. With two near-series prototypes, the trucks will traverse over 20 European countries, clocking more than … Read the full press release

Bechtle Direct Italy Expands Operations with New Milan Office, Embracing Growth and Innovation

(IN BRIEF) Bechtle direct Italy is extending its presence to Milan, securing a prime location in the city’s renowned Milanofiori Nord business district, housed in the eco-friendly U15 building. This expansion underscores Bechtle’s commitment to fostering sustained growth, enhancing accessibility … Read the full press release