(IN BRIEF) LANXESS has signed a contract to sell its Urethane Systems business to Japan’s UBE Corporation for an enterprise value of €460 million, with expected proceeds around €500 million. This sale allows LANXESS to exit its last polymer business … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced a €100 million investment in Green Genius, a renewable energy developer, positioning itself as a minority shareholder upon receiving necessary regulatory approvals. This funding will support Green Genius’s … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News, United Kingdom
Tagged EBRD .Investment, Europe, Green Genius, Grzegorz Zieliński, Lithuania, partnership, renewable energy, Ruslan Sklepovič, sustainability, Tomas Kairys
(IN BRIEF) The European Investment Bank (EIB) has released a report titled “Navigating Supply Chain Disruptions: New Insights on the Resilience and Transformation of EU Firms,” in collaboration with the European Commission’s Directorate-General for Internal Market, Industry, Entrepreneurship, and SMEs. … Read the full press release
Posted in Banks, Business, Economy, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged competitiveness, Debora Revoltella, Directorate General for Internal Market, EIB, Entrepreneurship and SMEs (DG GROW), EU Firms, industry, partnership, resilience, Román Arjona, Supply Chain Challenges
(IN BRIEF) The European Investment Bank (EIB) is partnering with the Latvian government and the Latvian State Real Estate Company (SRE) to promote the development of affordable rental housing in Latvia. This initiative will be supported by the EIB’s Advisory … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Latvia, Luxembourg, Management, News, Real Estate
Tagged affordable housing, Arvils Aseradens, EIB, Latvia, partnership, sustainability, Thomas Östros
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested €5 million in Pozavarovalnica Sava (Sava Re), facilitating the first-ever Tier 3 subordinated bond issuance by an insurer in Slovenia and the broader central and southeastern European region. … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Slovenia, United Kingdom
Tagged Alexander Saveliev, EBRD, investment, Marko Jazbec, partnership, Sava Re, Slovenia, sustainability
(IN BRIEF) The Ratcliffe-on-Soar power station, operated by Uniper near Nottingham, officially ceased coal generation on September 30, 2024, marking the end of over 140 years of coal-fired power in the UK. Since its commissioning in 1967, the station has … Read the full press release
(IN BRIEF) Covestro AG has signed an Investment Agreement with ADNOC International Germany Holding AG, which supports ADNOC’s public takeover offer for all Covestro shares at €62.00 each, valuing the company at approximately €11.7 billion. The agreement ensures ADNOC’s commitment … Read the full press release
(IN BRIEF) Experian has successfully completed its A$820 million acquisition of illion, a consumer and commercial credit bureau in Australia and New Zealand. This integration will merge illion’s team, data, software, and intellectual property into Experian, creating a unified business … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Ireland, Management, News, Technology
Tagged acquisition, Andrew Black, Australia, Data Solutions, Experian, Illion, John Banfield, Malin Holmberg, New Zealand, partnership
(IN BRIEF) Kapsch TrafficCom has announced the successful opening of Complete 540 Phase 1, an extension of the Triangle Expressway in North Carolina, which commenced traffic on September 25th. This project enhances regional connectivity and aims to reduce travel times … Read the full press release
(IN BRIEF) Euronext has announced the acquisition of the majority of Acupay Group’s business, a leader in financial reporting, corporate actions, cross-border tax relief, and securities processing. Founded in 2005, Acupay offers technology solutions that help cross-border investors avoid double … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged acquisition, Acupay Group, Euronext, partnership, Robert Apfel, Stef Lambersy, Stéphane Boujnah, USA
(IN BRIEF) DNV is collaborating with a consortium of industry partners to tackle the environmental impact of sulphur hexafluoride (SF6) within the UK’s electricity transmission network. This project aims to significantly reduce SF6 emissions and promote the transition to alternatives, … Read the full press release
(IN BRIEF) CACEIS has announced its integration of Nephelai’s machine learning solution into its Middle-office Trade Management services as part of its digital transformation strategy. This technology enhances transaction processing by capturing, verifying, and enriching data while monitoring settlements and … Read the full press release
(IN BRIEF) The ORLEN Group has launched sales of its HVO100 biofuel at two service stations in Germany, with plans to expand further. HVO100, made from vegetable oils and waste products such as used cooking oil, can reduce greenhouse gas … Read the full press release
Posted in Business, Czech Republic, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland
Tagged biofuel, Czech Republic, fuel, Germany, HVO100, ORLEN, partnership, sustainability
(IN BRIEF) Evonik has commenced a major expansion at its Charleston site in Berkeley County, South Carolina, aimed at increasing the production capacity of precipitated silica by 50% to meet rising demand from the tire industry, especially for green tires. … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Charleston Facility, Evonik, expansion, Guido Skudlarek, Johnny Cribb, Kenneth Bittner, Lauren Kjeldsen, partnership, silica, sustainability
(IN BRIEF) The Palmdale-Burbank segment of California’s high-speed rail project, connecting San Francisco and Los Angeles, has received environmental certification from the California High-Speed Rail Authority (CHSRA). This section, covering approximately 70 kilometers, includes complex tunneling and traverses various landscapes. … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, Transportation & Logistics
Tagged California, environmental certification, High-Speed Rail Project, Palmdale-Burbank Segment, partnership, SENER, sustainability
(IN BRIEF) GRAHAM Facilities Management and Civil Engineering sponsored the 2024 Charity Golf Day at Rockmount Golf Club, organized in collaboration with the Chartered Institution of Water and Environmental Management (CIWEM) to support WaterAid. The event successfully raised approximately £15,000, … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Non Profit, Technology, United Kingdom
Tagged 2024 Charity Golf Day, Chartered Institution of Water and Environmental Management (CIWEM), civil engineering, Colin McKeever, fundraising, GRAHAM Facilities Management, partnership, sponsorship, sustainability, WaterAid
(IN BRIEF) Loughborough University has established a partnership with the Charnwood Forest Geopark organization to support its bid for UNESCO Global Geopark status. The collaboration will involve research, education, and community outreach initiatives aimed at promoting the rich geological and … Read the full press release
Posted in Art & Culture, Business, Education, Environment, Financial, Industrial, Investment, Management, Media, News, Non Profit, Science, Technology, United Kingdom
Tagged Charnwood Forest Geopark, Cllr Martin Cartwright, Loughborough University, partnership, Professor Dan Parsons, sustainability, UNESCO
(IN BRIEF) The European Investment Bank (EIB) and European Investment Fund (EIF) Boards of Directors met in Warsaw on September 30 and October 1, 2024, to discuss new financing initiatives and reaffirm support for Poland following recent floods. EIB Group … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News, Poland
Tagged Andrzej Domański, EIB, EIF, financing, Flood Recovery, Nadia Calviño, partnership, Poland, Rafał Trzaskowski, sustainability, Warsaw
(IN BRIEF) TÜV Rheinland has acquired Safetec Nordic AS, a leading risk management consultancy based in Norway, with operations across Norway, Sweden, and the UK. This acquisition will strengthen TÜV Rheinland’s risk, safety, and integrity management services in Europe, creating … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Norway, Security & Safety, Sweden, Technology, United Kingdom
Tagged acquisition, Gareth Book, Norway, partnership, Risk Consultancy, Safetec Nordic AS, safety, Stein Eggan, Sweden, TÜV Rheinland, UK
(IN BRIEF) In a recent pilot project at the Steinweg Beatrix Terminal, the Port of Rotterdam Authority successfully tested moveable shore power battery containers, connecting them to vessels from the Cargow shipping company. The project, conducted in collaboration with Zero … Read the full press release
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