Tag Archives: INNOVATION

Innovative Geothermal Heating Project in Bavaria Receives Major Investment Boost from EIB and EU Innovation Fund

(IN BRIEF) The European Investment Bank (EIB) is providing close to €45 million for the implementation of an innovative geothermal heating project, Eavor-LoopTM, in Geretsried, Bavaria. This pioneering project, which received an additional €91.6 million grant from the EU Innovation … Read the full press release

EIB’s Record €1.6 Billion Investment Energizes Ireland’s Economy and Innovation Landscape

(IN BRIEF) European Investment Bank (EIB) President Nadia Calviño, alongside Irish Finance Minister Michael McGrath, announced a landmark €1.6 billion investment in Ireland, the largest in 51 years. The investment, aimed at fostering innovation, sustainability, and economic growth, will impact … Read the full press release

Lenzing Group Launches Young Scientist Award for Innovation in Fiber and Textile Industry

(IN BRIEF) The Lenzing Group announces the Lenzing Young Scientist Award at the Dornbirn Global Fiber Congress (GFC) from September 11 to 13, 2024, aimed at bachelor and master students focusing on ecological challenges in the fiber and textile industry. … Read the full press release

Michelin and Porsche Drive Innovation Forward with Bespoke Tires for the New Electric Macan

(IN BRIEF) Michelin and Porsche continue their longstanding partnership with the introduction of three tailored tire ranges for the all-electric Porsche Macan, marking another milestone in their collaborative journey of over half a century. Leveraging expertise gained from the World … Read the full press release

Kurt Satzinger Takes Helm of voestalpine’s R&D, Driving Innovation into Digital and Resource-Efficient Solutions

(IN BRIEF) Kurt Satzinger assumes leadership of voestalpine’s Research and Development (R&D) division, succeeding Franz Androsch, who retires after a distinguished tenure. With voestalpine’s robust commitment to innovation, Satzinger, equipped with extensive experience within the company, is poised to spearhead … Read the full press release

Safran Leads French Innovation with Record-Breaking Patent Portfolio

(IN BRIEF) Safran has secured its position as France’s top patent holder, with a staggering 16,457 active patents, according to the National Industrial Property Institute’s (INPI) inaugural ranking. The aerospace giant’s relentless commitment to innovation is evident in its extensive … Read the full press release

Bosch Champions Sustainability and Innovation at Hannover Messe 2024

(IN BRIEF) As Hannover Messe 2024 approaches, Bosch prepares to showcase its commitment to sustainability and innovation in industrial manufacturing. With a focus on addressing climate change and promoting resource conservation, Bosch’s diverse portfolio of solutions encompasses factory automation, hydrogen … Read the full press release

SFC Energy Unveils EFOY H₂PowerPack X50 at HANNOVER MESSE 2024

(IN BRIEF) SFC Energy AG announces its participation in the upcoming HANNOVER MESSE 2024, showcasing its latest innovation, the EFOY H₂PowerPack X50. This new product, boasting a cluster power output of up to 200 kW, marks a significant advancement in … Read the full press release

Vonage and Singtel Forge Alliance to Drive Global Innovation with Network APIs

(IN BRIEF) Vonage, a part of Ericsson, joins forces with Singtel, a leading communications service provider, to integrate Vonage’s API platform with Singtel’s Paragon orchestration platform. This partnership aims to enhance innovation opportunities for enterprises and telcos by providing access … Read the full press release

50 Years of Volkswagen’s Iconic Golf: A Legacy of Innovation and Success

(IN BRIEF) Volkswagen celebrates 50 years of the Golf, Europe’s most successful car, with over 37 million units sold worldwide. Since its debut in 1974, the Golf has set industry standards, introducing innovations in technology, safety, and design across its … Read the full press release

Loughborough University’s Innovation Triumphs Recognized at Awards Ceremony

(IN BRIEF) Loughborough University’s dedication to research and innovation shines as it clinches three awards at the prestigious Leicestershire Innovation Awards ceremony. Held at the university’s SportPark Pavilion 4, which boasts Passivhaus Sustainability status, the event celebrated groundbreaking initiatives across … Read the full press release

Philips Leads Health Technology Innovation with Record Patent Applications

(IN BRIEF) Royal Philips emerges as a leading patent applicant at the European Patent Office (EPO), securing its position as a global innovator in health technology. With 607 MedTech patent applications in 2023 and a total of 1,299 patent applications … Read the full press release

Loughborough University Hosts Manufacturing and Trade Conference to Drive Regional Growth

(IN BRIEF) Loughborough University is set to host the East Midlands Chamber’s Manufacturing and Trade Conference on March 26, focusing on key themes of investment, innovation, infrastructure, and international trade. With a lineup of keynote speakers, workshops, and panel discussions, … Read the full press release

Dutch Government Funds Interdisciplinary Projects for Mission-Driven Innovation Acceleration

(IN BRIEF) The Dutch government has allocated funding to three interdisciplinary projects under the KIC Mission call ‘Realisation, acceleration and upscaling of mission-driven innovation’. These projects, part of the KIA Societal Earning Capacity, aim to address major societal challenges such … Read the full press release

Evonik’s EUDRAGIT® Polymers: Pioneering Pharmaceutical Innovation for 70 Years

(IN BRIEF) Evonik’s EUDRAGIT® polymers, renowned coatings for pharmaceuticals, celebrate 70 years of revolutionizing drug delivery. With over 23,000 patents and 10,000 scientific publications, these methacrylate polymers have become industry standards, employed in formulations for modified drug release across 80 … Read the full press release

Saint-Gobain’s Commitment to Sustainability: Advancing Low-Carbon Cement Technologies

(IN BRIEF) Saint-Gobain Construction Chemicals is ramping up efforts to advance low-carbon cement and concrete technologies, aiming to foster growth and sustainability in the construction sector. Key partnerships with startups like Fortera and established players like Ecocem demonstrate the company’s … Read the full press release

Revolutionizing Vehicle Safety: Mercedes-Benz and Fraunhofer Society Unveil Groundbreaking Transparent Crash Tests

(IN BRIEF) Mercedes-Benz, in collaboration with the Fraunhofer Society, conducts the world’s first X-ray crash test using a real car at the Ernst Mach Institute in Freiburg. This groundbreaking demonstration unveils previously hidden internal deformation processes during crashes, providing valuable … Read the full press release

Nordic Investment Bank Commits EUR 125 Million Loan to Boost Innovation at Valmet Oyj

(IN BRIEF) The Nordic Investment Bank (NIB) has finalized a EUR 125 million 8-year loan agreement with Finnish company Valmet Oyj to support its research and development (R&D) initiatives in Finland and Sweden from 2023 to 2025. Valmet, a global … Read the full press release

EIB and Banca Ifis Partner to Bolster Innovation in Italy’s SMEs with €300 Million Financing

(IN BRIEF) The European Investment Bank (EIB) and Banca Ifis have inked a significant agreement, marking the EIB’s maiden loan operation with an Italian bank exclusively aimed at driving innovative transitions for small and medium-sized enterprises (SMEs). The deal, valued … Read the full press release

European Investment Fund Fuels Blue Economy with €20 Million Aquaculture Investment

(IN BRIEF) The European Investment Fund (EIF) has announced a €20 million investment under the InvestEU program to support the Blue Revolution Fund, managed by Hatch Blue. This investment aims to boost early-stage aquaculture enterprises, address market deficiencies, and promote … Read the full press release

Hydro and NKT Forge Partnership for Low-Carbon Aluminium Power Cable Innovation

(IN BRIEF) Hydro and NKT have announced a strategic partnership to develop a cutting-edge, low-carbon aluminium power cable value chain, aimed at facilitating the growth of Europe’s renewable energy grid. The collaboration, set to extend towards 2030, will focus on … Read the full press release

Škoda Auto Unveils Cutting-Edge Laurin & Klement Kampus: A Hub of Innovation and Sustainability

(IN BRIEF) Škoda Auto celebrates the completion of its new headquarters, the Laurin & Klement Kampus (LKK), in Mladá Boleslav, boasting state-of-the-art facilities designed to accommodate up to 2,000 employees. The interconnected complex, built within two years, aims to foster … Read the full press release

Fincantieri Fortifies Innovation Leadership with MIT Industrial Liaison Program Membership

(IN BRIEF) Fincantieri, a prominent shipbuilding group, has announced its enrollment in the esteemed Industrial Liaison Program (ILP) at the Massachusetts Institute of Technology (MIT). This membership signifies Fincantieri’s commitment to fostering innovation and staying at the forefront of technological … Read the full press release

Monesave introduces Socialised budgeting: Meet the app quietly revolutionising how users budget

(IN BRIEF) Monesave, a social fintech innovator, introduces its latest feature: Anonymous Budget Benchmarking, enabling users to craft personalized budgets and compare progress with peers anonymously. Recognizing the solitary nature of traditional budgeting, Monesave’s Budgeting App offers a supportive environment … Read the full press release

Austrian Industry Giants Spearhead Carbon-Based Value Chain Transformation

(IN BRIEF) Austrian companies Holcim, Verbund, OMV, and Borealis have wrapped up the C2PAT demonstration plant project, aiming to produce carbon-based products from unavoidable CO2 emissions. Instead of a joint pilot plant, each company plans to develop industrially upscaled plants … Read the full press release

Singtel Partners with Ericsson to Drive Innovation in 5G Connectivity Solutions

(IN BRIEF) Ericsson has announced Singtel’s participation in its Startup 5G program, aimed at fostering innovation in 5G solutions and applications. Singtel will gain access to Ericsson’s research data and collaborate with startups in areas like gaming, e-commerce, and smart … Read the full press release

Continental’s Tire Tech App Revolutionizes Fleet Management with New Features and Expansion

(IN BRIEF) Continental unveils an enhanced version of its TireTech App, empowering fleet managers, drivers, retailers, and tire workshops with advanced functionalities for optimal tire performance and fleet efficiency. The app now includes winter tire recommendations for 39 countries, tire … Read the full press release

E.ON Unveils Strategic Brand Realignment to Champion Sustainable Energy Future

(IN BRIEF) E.ON, a prominent energy company, is undergoing a strategic brand realignment to reflect its active role in driving the energy transition towards sustainability. The new brand positioning emphasizes E.ON’s commitment to shaping Europe’s sustainable energy future and taking … Read the full press release

UBS Forges Strategic Alliance with University of St.Gallen, Elevating Innovation and Talent Development

(IN BRIEF) Continuing the trajectory initiated with Credit Suisse in 2021, UBS is set to become a strategic partner of the University of St.Gallen (HSG). Emphasizing Switzerland’s position as an international innovation hub, the collaboration aims to foster innovation, entrepreneurship, … Read the full press release

AI in Museums: Enhancing Storytelling with Responsible Innovation

(IN BRIEF) Dr. Richard Carter, a University of York academic, is leading a project exploring the responsible use of artificial intelligence (AI) in the museum and heritage sector to revolutionize storytelling and enrich visitor experiences. The project, funded by the … Read the full press release

Veolia Foundation Launches 2024 Student Solidarity Prize: Fostering Innovation and Social Impact

(IN BRIEF) Veolia Foundation’s annual Student Solidarity Prize 2024 has been announced, inviting student associations to submit their projects aimed at addressing social, environmental, and developmental challenges. Until April 30, 2024, student-led initiatives can vie for recognition and support, with … Read the full press release

EIB Group Investment in Czechia Spurs Greener Infrastructure, Boosts Small Businesses, and Drives Innovation

(IN BRIEF) In 2023, the European Investment Bank Group (EIB Group) made significant investments totaling €1.88 billion in the Czech Republic, focusing on initiatives to enhance regional development, economic resilience, and environmental sustainability. The largest loan, amounting to €985 million, … Read the full press release

Mercedes-Benz Marco Polo: Four Decades of Innovation in Camping Adventures

(IN BRIEF) Since its inception in 1984, the Mercedes-Benz Marco Polo camper has been synonymous with family holidays and adventurous journeys, continuously setting standards in the camping segment. Evolving from its origins with the “Bremer Transporter” to the current V-Class … Read the full press release

Vonage and Verizon Forge Alliance to Drive Network API Innovation

(IN BRIEF) Vonage, under Ericsson ownership, and Verizon, a leading US communications service provider, have announced a collaboration aimed at integrating Verizon’s network Application Programming Interfaces (APIs) into the Vonage platform. This memorandum of understanding (MoU) signifies their joint effort … Read the full press release

Shaping the Future: Dassault Systèmes Unveils 3DEXPERIENCE World 2024

(IN BRIEF) Dassault Systèmes announces the upcoming 3DEXPERIENCE World 2024 event, set to take place in Dallas from February 11-14, 2024. This milestone event, celebrating its 25th anniversary, will bring together over 5,000 users, industry leaders, innovators, and students to … Read the full press release

EIB and Sciences Po Renew Partnership for Sustainable Development and Climate Transition

(IN BRIEF) The European Investment Bank (EIB), recognized as the EU’s climate bank, has reaffirmed its commitment to advancing sustainable finance and climate dialogue by renewing its support for the Sciences Po European Chair for Sustainable Development and Climate Transition. … Read the full press release

EIB Commits €350 Million to Umicore for EV Battery Materials Innovation and Recycling

(IN BRIEF) In a significant move to bolster Europe’s electric vehicle (EV) battery industry, the European Investment Bank (EIB) has entered a €350 million financing agreement with Umicore to support research, development, and innovation (RDI) in rechargeable battery materials technologies. … Read the full press release

EBRD Invests €10 Million in Baltic Venture Capital Fund to Boost Early-Stage Innovation

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is backing the growth of venture capital markets in the Baltic states by providing a €10 million investment in Practica Venture Capital III, managed by Lithuania-based venture capital manager Practica … Read the full press release

EIB Group’s Strong Growth in France: €12 Billion Investment Spurred by Climate Action, Innovation, and Sustainable Infrastructure

(IN BRIEF) In 2023, the European Investment Bank (EIB) Group experienced robust growth in France, providing nearly €12 billion in long-term financing to the private sector and local and regional authorities. This included €10.6 billion from the EIB and €1.4 … Read the full press release

Škoda Celebrates Superb’s 90th Anniversary and Showcases Past, Present, and Future at Rétromobile Exhibition

(IN BRIEF) Škoda is marking the 90th anniversary of the Superb’s production launch at the Rétromobile exhibition in Paris, featuring a diverse display of historic and contemporary vehicles. Among the highlights are the iconic Škoda Superb from different eras, the … Read the full press release