(IN BRIEF) The European Investment Fund (EIF) is investing €60 million in Future Energy Ventures Fund I, a venture capital fund with a €250 million target size, managed by Future Energy Ventures (FEV). This investment is aimed at supporting early-stage … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has committed €150 million to the 2038 Lusatia program, aimed at mitigating the socio-economic impact of lignite phase-out and advancing climate neutrality in the region. Collaborating closely with Investitionsbank des Landes Brandenburg (ILB), … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News
Tagged EIB, Germany, green transformation, Investitionsbank des Landes Brandenburg (ILB), investment, Lusatia, Nicola Beer, partnership, sustainability, Tillmann Stenger
(IN BRIEF) Taiwanese tissue producer Yuen Foong Yu Consumer Products Co., Ltd. has successfully launched a cutting-edge ANDRITZ PrimeLineCOMPACT tissue production line at its Chingshui mill. This achievement, overseen by Mr. Tang Mingfa, Vice General Manager of Yuen Foong Yu, … Read the full press release
(IN BRIEF) Logicor, a prominent player in European logistics real estate, has commenced the construction of a new environmentally conscious warehouse spanning approximately 13,600 sqm at its logistics park in Rolo (RE), Italy. The project, set to be finished by … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Real Estate, Technology, Transportation & Logistics, United Kingdom
Tagged Graeme Hepburn, Italy, Logicor, partnership, Rolo, sustainability, Warehouse Development
(IN BRIEF) Siemens Digital Industries Software has announced that INTERCHIP CORPORATION, a leading fabless semiconductor company specializing in high-precision, low-power oscillator products, utilized Siemens’ Analog FastSPICE platform and Symphony™ platform to verify its latest Voltage-Controlled Crystal Oscillator (VCXO) integrated circuit … Read the full press release
(IN BRIEF) BASF Process Catalysts has announced a strategic partnership with Envision Energy to advance the conversion of green hydrogen and CO2 into e-methanol through an innovative process design. Leveraging BASF’s cutting-edge SYNSPIRETM catalyst technology, the collaboration aims to optimize … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged BASF Process Catalysts, CHINA, Detlef Ruff, e-methanol, Envision Energy, Frank Yu, partnership, sustainability, SYNSPIRETM
(IN BRIEF) Beijer Byggmaterial, part of STARK Group, has unveiled the first phase of construction for one of Sweden’s most modern builders’ merchants, representing a substantial investment in the growth region around Gothenburg. Located strategically in Hisings Backa, near central … Read the full press release
Posted in Business, Construction, Denmark, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Retail, Sweden, Technology, Transportation & Logistics
Tagged Beijer Byggmaterial, Gothenburg, Merchants Facility, partnership, Stark group, sustainability, Sweden
(IN BRIEF) Rheinmetall has received a substantial order from an international partner to supply components for the production of Fuchs 2 wheeled armoured vehicles at a factory in the partner country. The order, valued at a figure in the three-digit … Read the full press release
(IN BRIEF) Paris-based Capgemini has announced its successful collaboration with the Auto Club Group (ACG) in migrating its core insurance processing applications to Google Cloud. This strategic move enables ACG to simplify its IT infrastructure, optimize operations, and improve application … Read the full press release
Posted in Business, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Auto Club Group, Capgemini, Google Cloud, Madhu Nandagiri, MIGRATION, Nigel Walsh, partnership, Shane Cassidy
(IN BRIEF) Merck, a leading science and technology company, has inaugurated the Merck Digital Hub in Singapore, its first digital hub outside of the US and Europe. Supported by the Singapore Economic Development Board (EDB), the hub aims to accelerate … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Athinia™, Digital Hub, Healthcare, Laura Matz, Merck, partnership, Semiconductor Innovation, Singapore, Singapore Economic Development Board (EDB), sustainability, Syntropy™, Wan Yee Goh
(IN BRIEF) The Swedish Transport Administration has enlisted the services of AFRY and WSP to develop a railway plan for the Skellefteå – Degerbyn section of the North Bothnia Line, a significant 270-kilometer coastal railway project connecting Umeå and Luleå. … Read the full press release
(IN BRIEF) ABN AMRO has successfully secured €250 million in financing from the European Investment Bank (EIB), which will be matched by the bank itself, resulting in a total of €500 million in new loans available to Dutch businesses. This … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Netherlands, News, Small Business
Tagged ABN Amro, Dutch Businesses, EIB, Financial, Fred Bos, investments, Kris Peeters, partnership, SMEs, sustainability
(IN BRIEF) LEGO House in Billund, Denmark, has launched a new experience in collaboration with the LEGO Group’s ‘Build the Change’ initiative, commencing the 2024 season with an innovative twist. This interactive activity, developed over a year, aims to engage … Read the full press release
Posted in Business, Construction, Denmark, Education, Entertainment, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged 'Build the Change', Interactive, Kathrine Kirk Muff, LEGO, LEGO House, partnership, play, sustainability, Søren Bering Andersen
(IN BRIEF) International technology group ANDRITZ and tissue producer Softys Peru have joined forces to create an innovative hybrid Yankee hood heating system, marking an industry-first achievement. This system allows for a flexible combination of electric and natural gas heating, … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has committed a €40 million loan to Eldrive Holding GmbH, based in Austria, to establish 8,472 electric vehicle (EV) charging stations across Bulgaria, Lithuania, and Romania over the next three years. This project … Read the full press release
Posted in Austria, Automotive, Banks, Bulgaria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Romania, Technology
Tagged Austria, Bulgaria, clean mobility, Eastern Europe, EIB, Eldrive Holding GmbH, EV charging stations, installation, Kyriacos Kakouris, Lithuania, partnership, Romania, Stefan Spassov, sustainability
(IN BRIEF) Ericsson has inked two funding agreements with the European Investment Bank (EIB) totaling €420 million, with an initial disbursement of €250 million in December 2023. These loans will bolster Ericsson’s financial position and support its research, development, and … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Sweden, Technology, Telecom
Tagged 5G technology, Carl Mellander, EIB, energy efficiency, Ericsson, funding, partnership, sustainability, Thomas Östros
(IN BRIEF) Boels Rental has entered into a €100 million lending agreement with the European Investment Bank (EIB) to advance its decarbonization efforts in the rental machinery and equipment sector. This partnership is expected to serve as a model for … Read the full press release
Posted in Banks, Business, Construction, Electronics & Machinery, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Netherlands, News
Tagged Boels Rental, decarbonization, EIB, Electrify Rental Machinery, financing, Kris Peeters, Netherlands, partnership, Pierre Boels, sustainability
(IN BRIEF) Guangdong Hengan Paper Co., Ltd. has successfully initiated operations of two cutting-edge ANDRITZ PrimeLine tissue machines at its Yunfu mill in Guangdong, China. With these additions, Hengan now operates a total of 15 ANDRITZ tissue machines. The PrimeLineCOMPACT … Read the full press release
Posted in Austria, Business, Electronics & Machinery, Environment, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, Guangdong Hengan Paper Co., High-Speed Tissue Machines, Mr. Wang Xiangyang, Mr. Xie Zhengba, partnership, PrimeLineCOMPACT M 1600 machines, sustainability
(IN BRIEF) Leadec, a global service specialist for factory lifecycle management, is enhancing its Green Factory Solutions with the introduction of a new Sustainability, Environmental, and Waste Services Green Hub in Coventry, UK. This expansion aims to bolster the company’s … Read the full press release
(IN BRIEF) bp and Equinor have entered into an agreement to restructure the ownership of their joint US offshore wind projects, resulting in bp acquiring Equinor’s 50% stake in the Beacon Wind 1 and 2 projects, while Equinor takes ownership … Read the full press release
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