(IN BRIEF) BAE Systems has completed the acquisition of Malloy Aeronautics, a prominent player in innovative heavy lift drone and aeronautical technologies. Malloy Aeronautics specializes in the design and supply of all-electric uncrewed aerial systems (UAS) for both civilian and … Read the full press release
(IN BRIEF) Ericsson and the Indian Institute of Technology Kharagpur (IIT Kharagpur) have entered a long-term collaboration focusing on joint research in the fields of AI, Compute, and Radio, with a particular emphasis on 6G technology development. Through this partnership, … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 6G Research, Ericsson, IIT Kharagpur, INDIA, Magnus Frodigh, Nitin Bansal, partnership, Virendra Kumar Tewari
(IN BRIEF) Swedish energy company Vattenfall has awarded Nuvia, a subsidiary of VINCI Construction, a significant contract to undertake the dismantling of units 1 and 2 at the Ringhals nuclear power plant in Sweden. This comprehensive project, scheduled to run … Read the full press release
(IN BRIEF) Klabin, the Brazilian pulp and paper company, has officially commended ANDRITZ for their outstanding technical expertise and project management performance during the extensive Puma II pulp and paper mill expansion project in Ortigueira, Brazil. This recognition program was … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Management, News, Technology
Tagged Andritz, Brazil, Klabin, partnership, pulp and paper mill, Rafael Sirtoli, sustainability
(IN BRIEF) The European Chemicals Agency (ECHA) has awarded a €4.2 million contract to a consortium led by the Fraunhofer Institute for Toxicology and Experimental Medicine (ITEM) to conduct scientific studies on New Approach Methodologies (NAMs) as alternatives to animal … Read the full press release
Posted in Business, Chemicals, Education, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Science, Technology
Tagged Alternative Testing Methods, BASF, consortium, ECHA, Fraunhofer Institute for Toxicology and Experimental Medicine (ITEM), partnership, Professor Hennicke Kamp, sustainability
(IN BRIEF) BAE Systems has delivered the first production representative test vehicle (PRTV) of the new Amphibious Combat Vehicle 30mm Cannon (ACV-30) variant to the U.S. Marine Corps for testing. The ACV-30 equips dismounted Marines with direct fire support and … Read the full press release
(IN BRIEF) The SPOBIS Conference in Hamburg saw discussions revolving around inclusion, diversity, and football, featuring the German Football Association (DFB) and Volkswagen. The ‘Inclusion in Football’ workshop addressed topics such as inclusive football clubs, emphasizing experiences over results, and … Read the full press release
Posted in Automotive, Business, Entertainment, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Society, Sports
Tagged Alexander Fangmann, DFB, diversity, football, Hamburg, Inclusion, Inga Grabow, Marcell Jansen, partnership, Ralph-Uwe Schaffert, Sandra Waidelich, society, SPOBIS Conference, sports, sustainability, Volkswagen
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is backing the growth of venture capital markets in the Baltic states by providing a €10 million investment in Practica Venture Capital III, managed by Lithuania-based venture capital manager Practica … Read the full press release
Posted in Banks, Business, Environment, Estonia, Financial, Government, Industrial, Investment, Latvia, Lithuania, Management, News, Technology, United Kingdom
Tagged Anne Fossemalle, Baltic Venture Capital Fund, EBRD, Estonia, INNOVATION, investment, Latvia, Lithuania, partnership, Practica Capital, sustainability, Tomas Andriuškevičius
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is granting a $42 million (€38.71 million) loan to Azerbaijan Caspian Shipping Company (ASCO), a state-owned shipping company in Azerbaijan. ASCO plans to use the funds to acquire two Handysize … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has signed a €49 million loan agreement with the City of Split to support its 2023-2027 multi-sector investment program aimed at revitalizing public infrastructure. This marks the EIB’s first flagship municipal operation in … Read the full press release
(IN BRIEF) In 2023, the European Investment Bank (EIB) Group experienced robust growth in France, providing nearly €12 billion in long-term financing to the private sector and local and regional authorities. This included €10.6 billion from the EIB and €1.4 … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Ambroise Fayolle, Climate Action, EIB, EIF, France, INNOVATION, investment, Marjut Falkstedt, partnership, SMEs, sustainability, sustainable infrastructure
(IN BRIEF) The European Investment Bank (EIB) Group in Austria has revealed its commitment to financing projects focused on renewable energies, water supply, and social housing in 2023, with a total investment of €1.26 billion. Despite an initial cautious approach … Read the full press release
Posted in Austria, Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News, Real Estate
Tagged Austria, European Investment Bank, Housing Projects, partnership, renewable energy, SMEs, sustainability, Thomas Östros, water supply
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to $100 million to Enerjisa Enerji A.S. in Turkey to support the modernization and reconstruction of the electricity distribution network in the earthquake-affected Toroslar … Read the full press release
Posted in Banks, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Turkey, United Kingdom
Tagged Aida Sitdikova, earthquake, EBRD, Electricity Network Reconstruction, Enerjisa Enerji, partnership, Philipp Ulbrich, sustainability, Turkey
(IN BRIEF) RESA, an energy distribution network operator, has partnered with the European Investment Bank (EIB) to secure a €190 million loan agreement to support the first phase of its industrial plan for 2023-2026. The energy transition necessitates substantial investments … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, energy transition, Gil Simon, Kris Peeters, partnership, RESA, sustainability
(IN BRIEF) The European Investment Bank (EIB) has signed a guarantee agreement with TBC Bank, supported by the European Union, to provide favorable financing terms and reduced collateral requirements for the local private sector in Georgia. This partnership will enable … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, European Union, GEORGIA, partnership, Paweł Herczyński, SME, sustainability, TBC Bank, Teresa Czerwinska, Vakhtang Butskhrikidze
(IN BRIEF) Mercedes-Benz has once again partnered with Continental for its new E-Class model, equipping it with EcoContact 6 Q tires known for energy-efficient driving and reduced noise levels. These tires offer benefits such as extended service life and low … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Continental, E-Class tires, efficiency, Mercedes-Benz, partnership, safety
(IN BRIEF) SCC is excited to announce its strategic partnership with iboss, a renowned leader in cloud security, to deliver an innovative Zero Trust security service. Recognizing the evolving landscape of cloud-first environments, SCC aims to provide robust security solutions … Read the full press release
(IN BRIEF) Evonik, a prominent silica producer, is investing in the expansion of its precipitated silica plant in Charleston, USA, to meet the rising demand, particularly from the tire industry in North America. The investment, amounting to a mid-double-digit million … Read the full press release
Posted in Automotive, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Charleston, Emmanuel Auer, Evonik, investment, Lauren Kjeldsen, Maike Schuh, partnership, silica production, sustainability, tire industry, USA
(IN BRIEF) The Growth Fund LLO-Katalystor has awarded a €2 million grant to a collaborative partnership involving Saxion University of Applied Sciences, ROC Twente, University of Twente, and various other partners in Twente. This initiative aims to address the challenges … Read the full press release
(IN BRIEF) EOS Investment Management Group (EOS IM) and Lightsource bp have finalized the sale of six solar greenfield projects in Italy to EOS IM, adding a 294MW portfolio to their existing solar power assets in Italy. These projects, either … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, United Kingdom
Tagged EOS Investment Management Group, Giovanni Mascari, Giuseppe La Loggia, Italy, Lightsource BP, Mauro D’Addetta, Natalino Mongillo, partnership, Riccardo Belli, Solar Greenfield Projects, sustainability
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