Tag Archives: partnership

BAE Systems Lands $177.8M Contract to Modernize USS Halsey

(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

Authorities Dismantle Albanian-Led Drug Ring in Italy, 66 Arrested in Eurojust-Coordinated Operation

(IN BRIEF) Authorities in Italy, Albania, Poland, and Switzerland, coordinated by Eurojust, have dismantled a major Albanian-led cocaine trafficking network. A total of 66 individuals were arrested, with 45 of them taken into custody on an action day. The criminal … Read the full press release

EU-Backed Partnership Unlocks Millions in Loans for Danish Creative and Cultural Sectors

(IN BRIEF) A new partnership between the European Investment Fund (EIF) and the Export and Investment Fund of Denmark (EIFO), backed by the EU’s InvestEU program, will provide DKK 300 million in loans to Danish businesses within the creative and … Read the full press release

ANDRITZ and PulPac Team Up to Revolutionize Sustainable Packaging with Dry Molded Fiber Technology

(IN BRIEF) ANDRITZ has formed a strategic partnership with Swedish company PulPac AB to expand the sustainable packaging market using Dry Molded Fiber technology. This nearly waterless process molds cellulose fibers into recyclable, biodegradable products such as coffee lids, cutlery, … Read the full press release

Wood Secures Contract to Operate One of the World’s Largest Plastics Recycling Facilities, Boosting Circular Economy

(IN BRIEF) Wood, a global consulting and engineering firm, has secured a three-year contract to operate and maintain Freepoint Eco-Systems’ advanced recycling facility in Hebron, Ohio, one of the world’s largest plastics recycling plants. The facility will process approximately 90,000 … Read the full press release

RWE Partners with Port of Setúbal to Establish Key Hub for Floating Offshore Wind in Portugal

(IN BRIEF) RWE has partnered with the Port Authority of Setúbal in Portugal through a Letter of Support, aiming to transform the port into a key logistics hub for floating offshore wind projects. This initiative aligns with Portugal’s renewable energy … Read the full press release

Vaisala and Estonia Lead the Way with Europe’s First C-Band SSPA Weather Radar Installation

(IN BRIEF) Vaisala and the Estonian Environment Agency have installed Europe’s first C-band Solid-State Power Amplifier weather radar in Tallinn. This advanced technology offers improved weather forecasting accuracy, enhanced system reliability, and lower operational costs compared to traditional radars, setting … Read the full press release

MAN Truck & Bus and UTA Edenred Launch MAN SimplePay, a Streamlined Digital Platform for Fleet Cost Management

(IN BRIEF) MAN Truck & Bus has partnered with UTA Edenred to launch MAN SimplePay, a digital platform designed to simplify fleet cost management and enhance operational transparency. Launching in late 2024, the platform will enable fleet managers to monitor … Read the full press release

Ericsson and INFORM Team Up to Revolutionize Financial Security and Defeat Advanced Fraud

(IN BRIEF) Ericsson has partnered with INFORM to integrate the advanced RiskShield platform into its Mobile Financial Services Platform to enhance security in financial services and combat fraud. The collaboration will provide Ericsson’s global customers, including communication service providers (CSPs), … Read the full press release

Deutsche Bank Strengthens Ocean Protection Policies with Stricter Due Diligence Under #BackBlue Initiative

(IN BRIEF) Deutsche Bank is enhancing its ocean protection policies as part of its continued commitment to the #BackBlue initiative, which it joined in 2023. The new guidelines, set to take effect in Q4 2024, focus on developing financial solutions … Read the full press release

ANDRITZ Secures Contracts to Boost Brazilian Grid Stability with Synchronous Condensers

(IN BRIEF) ANDRITZ, an international technology group, has secured two contracts in Brazil to supply 330 MVAr synchronous condenser systems, which are essential for improving grid stability in regions increasingly reliant on renewable energy sources like wind and solar. These … Read the full press release

New European Judicial Network Targets Organised Crime, Focusing on Drug Trafficking and International Criminal Networks

(IN BRIEF) On 25 September 2024, Eurojust launched the European Judicial Organised Crime Network (EJOCN), aimed at fighting organised crime across Europe. This new network unites prosecutors from all 27 EU Member States to strategically combat high-risk criminal groups involved … Read the full press release

EIB Grants €220 Million to Nexi Group to Drive Digital Payment Innovation and Sustainability in Europe

(IN BRIEF) The EIB has granted €220 million to Nexi Group to support innovation in Europe’s digital payments sector. The funding will help drive the development of modernized payment solutions, job creation, and sustainability initiatives, reflecting Nexi’s commitment to ESG … Read the full press release

TÜV Rheinland Drives Energy Innovation at RE+ 2024 with Key Certifications for New Energy Products

(IN BRIEF) TÜV Rheinland participated in RE+ 2024, a major global energy exhibition, where it awarded significant certifications to companies in the new energy and energy storage sectors. The event highlighted TÜV Rheinland’s contributions to the North American renewable energy … Read the full press release

European Investment Fund Supports Icelandic SMEs with Up to €100 Million in New Funding via Arion Bank

(IN BRIEF) The European Investment Fund (EIF) has partnered with Arion Bank to provide up to €100 million in new lending to around 40 small and medium-sized enterprises (SMEs) and Small Mid-Caps in Iceland. Backed by the European Commission’s InvestEU … Read the full press release

Shell’s Holland Hydrogen 1 to Connect to High-Voltage Grid in Collaboration with TenneT and Port of Rotterdam

(IN BRIEF) Shell and TenneT have signed an agreement to connect Shell’s Holland Hydrogen 1, Europe’s first large-scale hydrogen plant, to the high-voltage grid. The 200 MW electrolyser on the Maasvlakte will initially have a temporary connection to the 380 … Read the full press release

Metso Partners with BSIET to Deliver Advanced Iron Ore Pelletizing Plant for Ruifeng, Supporting China’s Decarbonization Goals

(IN BRIEF) Metso has signed a contract with Beijing Shougang International Engineering Technology Co. Ltd (BSIET) to deliver a compact traveling grate pelletizing plant for Ruifeng Iron and Steel Group in Hebei, China. The plant, with a 1.7 million tons … Read the full press release

SolarLab Secures EUR 1.6 Million Nefco Loan to Boost Production and Expand in the U.S.

(IN BRIEF) SolarLab, a Danish company specializing in solar facades for buildings, has secured a EUR 1.6 million loan from Nefco to increase production and expand into the U.S. market. The funds will be used to relocate all production to … Read the full press release

Lille Secures €276 Million for Sustainable Transport Revolution: EIB and European Commission Fund Green Mobility Initiative

(IN BRIEF) The Métropole Européenne de Lille has secured a €245 million green loan from the European Investment Bank (EIB) to modernize its urban transport system, alongside a €31.5 million grant from the European Commission. This joint financing will support … Read the full press release

Driving Change: Hydro and Mercedes-Benz Launch Ambitious Amazon Sustainability Initiative

(IN BRIEF) Hydro and Mercedes-Benz have launched the “Corridor” program at Climate Week 2024 in New York, aimed at fostering sustainable development in the Brazilian Amazon. This long-term initiative will promote positive impacts for local communities and nature through partnerships … Read the full press release