Tag Archives: partnership

Nordic Investment Bank Partners with Kemira Oyj to Boost Green Chemistry Innovation

(IN BRIEF) The Nordic Investment Bank (NIB) has inked a EUR 50 million loan agreement with Kemira Oyj, a Finnish chemicals company, to fund Kemira’s research and development endeavors from 2023 to 2026 in Espoo, Finland. The loan, spanning over … Read the full press release

Higher Education Leaders Call for Ministerial Taskforce to Address Decline in Healthcare Course Applications

(IN BRIEF) In response to the latest UCAS data indicating a decline in applications for medicine, nursing, and midwifery courses, leaders from various higher education groups are urging the government to establish a ministerial taskforce. This taskforce would facilitate collaboration … Read the full press release

Korea Development Bank Returns to Luxembourg Stock Exchange with $3 Billion Bond Offering

Akzo Nobel N.V. issues €750 million bond on Luxembourg Stock Exchange

(IN BRIEF) Korea Development Bank (KDB) made a significant return to the Luxembourg Stock Exchange (LuxSE) after 20 years with a dual-tranche bond offering totaling USD 3 billion. This move highlights the increasing collaboration between South Korean and European capital … Read the full press release

De Grey Mining Awards Metso Orders for Key Equipment at Hemi Gold Project

(IN BRIEF) De Grey Mining Limited has contracted Metso to supply crucial equipment, including a Superior™ MKIII 50-65 primary gyratory crusher and two 14MW Premier™ ball mills, for its Hemi Gold Project in Western Australia’s Pilbara region. With a combined … Read the full press release

AstraZeneca and Daiichi Sankyo’s Datopotamab Deruxtecan Moves Closer to Approval for Advanced NSCLC Treatment

(IN BRIEF) AstraZeneca and Daiichi Sankyo’s Biologics License Application (BLA) for datopotamab deruxtecan (Dato-DXd) has been accepted by the FDA for the treatment of locally advanced or metastatic nonsquamous non-small cell lung cancer (NSCLC) in patients who have undergone prior … Read the full press release

EU Leaders Face Backlash for Industry Collaboration Amid Chemical Pollution Crisis

(IN BRIEF) A new report by Corporate Europe Observatory sheds light on a concerning collaboration between EU leaders and major chemical corporations, set to discuss a “European Industrial Deal” in Antwerp. Despite alarming levels of chemical exposure and biodiversity collapse, … Read the full press release

Kuehne+Nagel Expands Logistics Operations with New Cross-Dock Centre at Port of Gdansk

(IN BRIEF) Kuehne+Nagel, a leading global logistics provider, has inaugurated a state-of-the-art cross-dock centre near the Deepwater Container Terminal (DCT) at the port of Gdansk, Poland. Spanning over 3,300 square meters with additional office space, the facility caters to the … Read the full press release

Thales to Provide Advanced Satellite Communication System for German Navy’s F126 Frigates

(IN BRIEF) Thales, a global leader in military communication satellites, announces the provision of SurfSAT-L satellite communication terminals for the German Navy’s F126 frigates. These state-of-the-art systems ensure high-performance, secure long-range connectivity crucial for naval operations, particularly in challenging maritime … Read the full press release

Almirall Secures Global Rights for Promising Dermatological Treatment, NN-8828, Targeting IL-21

(IN BRIEF) Almirall S.A., a leading pharmaceutical company specializing in medical dermatology, has finalized an exclusive license agreement with Novo Nordisk for the development and commercialization of NN-8828, an IL-21 blocking monoclonal antibody. This innovative treatment holds potential for various … Read the full press release

ABB to Expand Electrification Service Portfolio with SEAM Group Acquisition

(IN BRIEF) ABB has announced its agreement to acquire SEAM Group, a prominent provider of energized asset management and advisory services. This acquisition aims to enhance ABB’s Electrification Service offering, providing customers with expertise in predictive, preventive, and corrective maintenance, … Read the full press release

Port of Salalah Welcomes Arrival of State-of-the-Art Ship-to-Shore Cranes as Part of USD 300 Million Upgrade Project

(IN BRIEF) The Port of Salalah has received the first four of ten new ZPMC ship-to-shore cranes as part of its USD 300 million upgrade and expansion project, set to increase annual capacity from 5 million to 6 million TEU … Read the full press release

Alstom Delivers First Indigenously Manufactured Metro Train for Meerut Metro Project

(IN BRIEF) Alstom, a global leader in sustainable mobility, has successfully delivered the first indigenously manufactured trainset for the Meerut Metro project, marking a significant milestone in India’s modernization of intra and intercity rail travel. The train, manufactured at Alstom’s … Read the full press release

€160 Million Investment to Safeguard Crete’s Agricultural Heartland from Climate Risks

(IN BRIEF) The European Investment Bank (EIB) and the Council of Europe Development Bank (CEB) are jointly injecting €160 million into a transformative project aimed at fortifying Crete’s agricultural resilience against climate risks. The initiative, centered around the Platys agricultural … Read the full press release

EIB Injects €143 Million to Bolster Greek Research & Innovation; 2023 Annual Results Showcase Record Investment in Greece

(IN BRIEF) The European Investment Bank (EIB) has pledged a substantial €143 million loan to boost the Hellenic Foundation for Research and Innovation (HFRI), fortifying research and development (R&D) initiatives across Greece’s public higher education institutions and research centers. This … Read the full press release

Achmea Reaches €85 Million Settlement Agreement for Unit-Linked Insurance Policies

(IN BRIEF) Achmea has reached a final settlement agreement with interest groups Consumentenclaim, Woekerpolis.nl, Woekerpolisproces, Wakkerpolis, and the Consumentenbond regarding unit-linked insurance policies sold through various brands in the Netherlands. The agreement, totaling €85 million, aims to provide clarity and … Read the full press release

Norsk Hydro ASA Secures USD 1 Billion Credit Facility for General Corporate Purposes

(IN BRIEF) Norsk Hydro ASA announced the signing of a USD 1,000 million revolving multi-currency credit facility on February 15, 2024. The facility, with a two-year tenor and a one-year extension option, replaces the company’s previous undrawn USD 1,300 million … Read the full press release

Volkswagen and Mahindra Strike Major Deal for Electric Mobility Advancement

(IN BRIEF) In a significant move towards advancing their joint vision for e-mobility, Volkswagen Group and Mahindra & Mahindra Ltd. (M&M) have signed a landmark supply agreement for components of Volkswagen’s MEB platform to be integrated into Mahindra’s purpose-built electric … Read the full press release

EIB Group Expands Baltic Presence with New Offices in Riga and Tallinn

(IN BRIEF) The European Investment Bank (EIB) Group has announced plans to establish local offices in Riga, Latvia, and Tallinn, Estonia, aiming to bolster its support for regional projects and investments. This move signifies a deeper commitment to the Latvian … 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

Henkel Expands Maintenance, Repair, and Overhaul (MRO) Solutions with Acquisition of Seal for Life Industries LLC

(IN BRIEF) Henkel, a global leader in adhesive technologies, has announced the acquisition of Seal for Life Industries LLC, a US-based provider of protective coating and sealing solutions, from Arsenal Capital Partners. With Seal for Life’s expertise in infrastructure markets … Read the full press release