(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
(IN BRIEF) The European Investment Bank (EIB) has granted an additional €264 million to the ongoing redevelopment of Stockholm’s Slussen area, which aims to modernize infrastructure and enhance sustainability. This funding builds on an earlier €382 million loan and will … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Sweden, Technology
Tagged EIB, modernization, partnership, Slussen Revamp, Sofie Nilvall, Stockholm, sustainability, Thomas Östros, urban development
(IN BRIEF) Stadler Signalling AG has entered into a partnership with Sihltal Zürich Uetliberg Bahn (SZU) to modernize SZU’s signalling systems by 2034 as part of the SZU_4.0 modernization initiative. The 34 million franc contract includes upgrading signal boxes and … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged FLIRT-type S-Bahn trains, modernization, partnership, Peter Spuhler, signalling systems, Sihltal Zürich Uetliberg Bahn (SZU), Stadler, sustainability, Zurich Rail Network
(IN BRIEF) Ericsson has secured a major 5G contract with Chunghwa Telecom, Taiwan’s leading service provider, to modernize its mobile network with energy-efficient 5G Radio Access Network (RAN) solutions. The contract includes the deployment of cutting-edge technologies like the dual-band … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G network, AI, Chunghwa Telecom, David Chou, Dr. Chung Yung Chia, Ericsson, modernization, partnership, sustainability, Taiwan
(IN BRIEF) BAE Systems has been awarded a $177.8 million contract by the U.S. Navy to modernize and maintain the USS Halsey, an Arleigh Burke-class guided-missile destroyer. The contract, which could reach $225.5 million if all options are exercised, involves … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Technology, United Kingdom
Tagged BAE Systems, Eric Icke, modernization, partnership, USS Halsey
(IN BRIEF) Colas CZ and Colas Rail have secured a €77 million contract to modernize an 8-kilometer railway line in Northern Bohemia, Czech Republic. The project, which will begin in September 2024 and finish in 2027, involves upgrading tracks, signaling … Read the full press release
(IN BRIEF) Cleareye.ai has partnered with Lloyds Bank to enhance trade finance operations through advanced AI technology. Starting this month, Lloyds Bank will use Cleareye.ai’s ClearTrade platform, which employs optical character recognition (OCR), machine learning, and natural language processing to … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged AI, Cleareye.ai, INDIA, Lloyds Bank, Mariya George, modernization, partnership, Rogier van Lammeren, trade finance
(IN BRIEF) Siemens Mobility has been awarded a €180 million contract by Ruhrbahn GmbH to modernize Europe’s largest light rail interlocking system in Essen and Mülheim an der Ruhr. By 2031, the project will replace outdated relay interlockings with advanced … Read the full press release
(IN BRIEF) Turkcell has successfully completed a trial of Ericsson’s 5G Cloud RAN technology, becoming one of the first telecom operators globally to explore this advanced solution. The deployment marks a significant step in Turkcell’s network modernization efforts, enhancing flexibility … Read the full press release
(IN BRIEF) Cathay Group’s order for 30 Airbus A330-900 aircraft underscores its commitment to fleet modernization and sustainability. These new aircraft will enhance Cathay’s operational flexibility and fuel efficiency, supporting its regional and long-haul routes while contributing to its net-zero … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) has entered into an uncommitted credit facility of EUR 100 million with the Wellbeing Services County (WSC) of North Savo, Finland, marking their second loan agreement. This 20-year loan is designated for the … Read the full press release
(IN BRIEF) Fortum embarks on a EUR 20 million investment to modernize the historic Malta hydropower plant in Uvån, Sweden, dating back to 1914. This extensive modernization aims to enhance the plant’s efficiency, extend its lifespan, and increase annual production … Read the full press release
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