(IN BRIEF) Wynxx, GFT Technologies’ GenAI-powered software delivery product, is transforming the software development landscape. It reduces documentation efforts by over 90 percent and accelerates legacy modernization by more than 40 percent, as demonstrated by a global tier-1 investment bank. … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged AI, BANKING, Cloud transformation, code quality, documentation, Enterprise Solutions, GenAI, GFT Technologies, insurance, legacy modernization, Manufacturing, Marco Santos, modernization, productivity, software development, testing, Wynxx
(IN BRIEF) ANDRITZ has secured an order to upgrade and modernize Tangsteel’s No. 5 Continuous Galvanizing Line in Tangshan, China. The upgrade will enhance the line’s ability to produce higher steel grades for automotive applications and improve operational efficiency. Commissioning … Read the full press release
Posted in Austria, Automotive, Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Andritz, automotive steel, BMW, cold-rolled strip, continuous galvanizing line, Fiat, Geely, Great Wall, Hebei Province, metals industry, modernization, partnership, SAIC, steel production, sustainability, Tangshan, Tangsteel
(IN BRIEF) AFRY has been awarded two important contracts as part of a consortium for the refurbishment of the Zurich Western Bypass by the Swiss Federal Road Authority (FEDRO). AFRY’s responsibilities include the planning and supervision of tunnel lighting and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged A1, A3, A4 motorways, AFRY, consortium, FEDRO, highway rehabilitation, Marcel Winter, modernization, project designer, road safety, Swiss Federal Road Authority, Switzerland, Traffic Congestion, traffic engineering, traffic systems, transport infrastructure, Tunnel lighting, Zurich Western Bypass
(IN BRIEF) Voith Paper has received an order from Matías Gomá Tomás to modernize their PM 1 at the La Riba facility in Spain. The rebuild, which is scheduled to be completed by the fourth quarter of 2025, aims to … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology
Tagged cloud connectivity, DuoShake DG250, energy efficiency, La Riba, manufacturing upgrades, MasterJet 4Tec, Matías Gomá Tomás, modernization, paper quality, partnership, PM 1, production capacity, real-time data, recycled containerboard, Spain, sustainability, Voith Paper
(IN BRIEF) CapMan Real Estate and Scandic are jointly undertaking a major renovation of Hotel Laajavuori in Jyväskylä, Finland, with the project focused on modernizing the historic 24,000 square metre property. Key improvements include significant enhancements to energy efficiency, room … Read the full press release
Posted in Construction, Finland, Industrial, Infrastructure & Utilities, Investment, Management, Real Estate
Tagged 000 square metres, 2026 completion, 24, brutalist architecture, building automation, CapMan Hotels II, CapMan Real Estate, energy class upgrade, energy efficiency, Finland, geothermal heating, guest experience, Heatly, historic hotel, Hotel Laajavuori, Jyväskylä, LeaseGreen, lighting, modernization, Refurbishment, renovation, reopening date, room upgrade, Scandic, sustainability, sustainable, temporary closure, ventilation, windows
(IN BRIEF) On February 18, 2025, the tunnel boring machine (TBM) for VERBUND’s Kaprun 2029 project began its 5.6-kilometre journey from the Limberg valve chamber to the surge tank beneath Maiskogel, marking a key milestone in the project’s modernization efforts. … Read the full press release
Posted in Austria, Business, Construction, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Austria, Bernd Raderbauer, environmental impact, Glück Auf, green electricity, headrace, hydropower, hydropower management, infrastructure upgrade, Jürgen Raschendorfer, Kaprun 2029, Kaprun-Hauptstufe power plant, Kathrin Aberger-Dick, Limberg valve chamber, Maria Leo, Marti Tunnel AG, Michael Amerer, modernization, PORR AG, pressure tunnel, Saint Barbara, surge tank, sustainable energy, tunnel boring machine, tunnel boring project, tunnel construction, tunnel patron, underground work, VERBUND
(IN BRIEF) EDGE Group’s Abu Dhabi Ship Building (ADSB) has entered a strategic partnership with Spain’s Indra to enhance the FA-400 offshore patrol vessel with advanced radar, electronic warfare, and counter-UAS technologies. The agreement was signed at NAVDEX 2025 in … Read the full press release
Posted in Artificial Intelligence (AI), Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Spain, Technology
Tagged 3D Radar, Abu Dhabi Ship Building, ADSB, Ángel Escribano, C-UAS, Communications Electronic Support Measures, Counter-Unmanned Aerial Systems, defense technology, EDGE Group, electronic warfare, FA-400, Indra, joint venture, Khaled Al Zaabi, local industrial expertise, modernization, Naval Defense, NAVDEX 2025, offshore patrol vessel, operational effectiveness, partnership, PULSE, radar, Radar Electronic Support Measures, strategic asset, UAE
(IN BRIEF) Siemens Mobility, in partnership with Leonhard Weiss, has secured a significant share of Deutsche Bahn’s (DB) first-ever volume contract for the modernization of Germany’s rail network. Valued at €2.8 billion for the consortium, the contract is part of … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged construction, control and safety technology, DB, delivery and acceptance obligations, Deutsche Bahn, digital control, digital signaling technology, efficiency, Germany, Leonhard Weiss, long-term agreement, Marcus Herwarth, Michael Peter, modernization, partnership, platform solutions, rail industry, rail infrastructure, rail network modernization, safety systems, Siemens Mobility, spring 2025, sustainability, Track Infrastructure Construction, volume contract
(IN BRIEF) thyssenkrupp Steel has completed a key investment in its Bochum facility with the opening of a new annealing and isolating line, marking a major step in its strategy to produce high-tech electrical steel for electric vehicles and energy-efficient … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Technology
Tagged annealing and isolating line, Bochum, competitive edge., Dennis Grimm, electric generators, electric mobility, electric motors, electric vehicles, electrical steel, energy efficiency, high-strength multiphase steels, high-tech steel, investment, Manufacturing, modernization, SMS group, steel grades, Strategy 20-30, sustainable production, thyssenkrupp Steel
(IN BRIEF) AFRY has been awarded a significant design contract by MVM NUKA for the reconstruction of control circuits at Hungary’s MVM Paks Nuclear Power Plant as part of its lifetime extension programme. The project involves the design of nearly … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Hungary, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, asset lifetime extension, carbon emissions, clean energy, control circuits, electrical systems, energy infrastructure, Energy Reliability, energy transition, Hungarian Atomic Energy Authority, Hungary, instrumentation and control, International Atomic Energy Agency, lifetime extension, modernization, MVM NUKA, MVM Paks Nuclear Power Plant, nuclear energy, Paks NPP, partnership, power plant design, reactor, sustainability, turbine islands
(IN BRIEF) Skanska has been awarded a EUR 40M contract by The Railway of the Slovak Republic for the modernization of Levice and Veľké Kozmálovce railway stations in southern Slovakia. The project includes the construction of new tracks, installation of … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Slovakia, Sweden, Technology, Transportation & Logistics
Tagged 12 months, barrier-free platforms, catenary lines, construction period, crossroads, EUR 40M, Europe, integrated control center, January 2025, Levice, modernization, new tracks, order bookings, partnership, passenger accessibility, Railway of the Slovak Republic, railway stations, remote traffic management, SEK 460M, Skanska, Skanska project, southern Slovakia, station security systems, sustainability, switches, traffic safety, train speed, Veľké Kozmálovce
(IN BRIEF) The University of Kent has partnered with Siemens Smart Infrastructure to reduce its campus scope 1 and 2 carbon emissions by 50% by 2030, as part of its broader goal to achieve net-zero emissions by 2040. Following a … Read the full press release
Posted in Business, Education, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, United Kingdom
Tagged campus, carbon emissions, Faye Bowser, Georgina Randsley de Moura, modernization, partnership, Siemens, Siemens Smart Infrastructure, sustainability, UK, University of Kent
(IN BRIEF) SNCF Voyageurs has placed a €520 million order with Alstom for 35 additional RER NG trains, fully funded by Île-de-France Mobilités. This brings the total fleet to 166 trains, designed to modernize the RER E and RER D … Read the full press release
Posted in News
Tagged advanced rolling stock, air-conditioning, Alstom, Frédéric Wiscart, French production sites, French railways, Île-de-France Mobilités, Île-de-France region, modernization, passenger capacity, public transportation, RER D line, RER E line, RER NG, smart mobility, SNCF Voyageurs, sustainable transportation, trains, USB ports, wheelchair accessibility
(IN BRIEF) ANDRITZ has been selected by Companhia Paranaense de Energia (COPEL) to modernize the Governador Parigot de Souza hydropower plant in Curitiba, Brazil. The project will include upgrades to key components such as Pelton turbines, generators, and electrical systems, … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, Brazil, Clean Energy Capacity, Companhia Paranaense de Energia (COPEL), Governador Parigot de Souza Hydropower Plant, INNOVATION, modernization, partnership, sustainability
(IN BRIEF) RBS has selected Stadler to supply 20 new multiple-unit trains for the Solothurn-Bern RegioExpress line (RE5) between 2028 and 2030. The CHF 190 million contract aims to replace aging “Seconda” trains, increase capacity, and improve passenger comfort with … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged Fabian Schmid, modernization, partnership, Peter Spuhler, Regionalverkehr Bern-Solothurn (RBS), Solothurn-Bern Line, Stadler, sustainability
(IN BRIEF) Saab, Thales, and ST Engineering have partnered to modernize Singapore’s Air Traffic Management (ATM) infrastructure through a Memorandum of Understanding signed at the Sweden–Singapore Royal Business Forum. The collaboration combines Saab’s advanced Digital Tower Suite, Thales’ ATM expertise, … Read the full press release
(IN BRIEF) EIB Global and Azerbaijan have signed a Memorandum of Understanding (MoU) to support the modernization and expansion of Baku’s metro system, aiming to improve urban mobility and reduce emissions. With technical assistance from EIB Global, Azerbaijan’s Ministry of … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged Azerbaijan, Baku, EIB, Gert Jan Koopman, Metro Rail, modernization, partnership, Rashad Nabiyev, sustainability, Teresa Czerwinska, urban transport
(IN BRIEF) Flemish water utility De Watergroep has secured a €350 million loan from the European Investment Bank (EIB) to modernize Flanders’ drinking water infrastructure. The funding supports a comprehensive 2023-2038 plan aimed at reducing water leakage, expanding the network … Read the full press release
Posted in Banks, Belgium, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Belgium, De Watergroep, EIB, Flanders’ Drinking Water Network, Hans Goossens, modernization, partnership, Robert de Groot, sustainability
(IN BRIEF) Stadler has signed a contract with Metropolitano de Lisboa for the supply of 24 new metro vehicles, with an option for 12 additional units, in a deal worth €134 million. This agreement, witnessed by key Portuguese officials, marks … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Spain, Switzerland, Technology, Transportation & Logistics
Tagged acquisition, Cristina Pinto Dias, Iñigo Parra, Maria da Graça Carvalho, Maria Helena Campos, Metropolitano de Lisboa, modernization, partnership, PORTUGAL, Stadler, sustainability
(IN BRIEF) The European Investment Bank (EIB) has provided a CZK 7.61 billion (€300 million) loan to České dráhy, the Czech Republic’s national railway operator, to modernize and expand its rail fleet. The funding will enable České dráhy to purchase … Read the full press release
Posted in Banks, Business, Czech Republic, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged České dráhy, Czech Republic, EIB, Kyriacos Kakouris, Lukáš Svoboda, modernization, partnership, rail transportation, safety, sustainability
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