(IN BRIEF) Infineon Technologies and Wolfspeed, Inc. have announced the expansion and extension of their long-term 150mm silicon carbide wafer supply agreement. The partnership includes a multi-year capacity reservation agreement and aims to ensure a stable supply chain for silicon … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Gregg Lowe, Infineon, Jochen Hanebeck, partnership, Silicon Carbide Supply, sustinability, Wolfspeed
(IN BRIEF) Saab has been awarded a contract worth USD 101.7 million by Boeing to manufacture T-7A aft fuselage systems. These systems will be produced at Saab’s advanced manufacturing facility in West Lafayette, Indiana. The contract follows the successful delivery … Read the full press release
(IN BRIEF) Eurojust and Europol supported a joint operation by Dutch, German, Latvian, Lithuanian, and Canadian authorities targeting alleged violations of export sanctions to Russia. During the operation, three suspects were apprehended, and 14 locations were searched as part of … Read the full press release
Posted in Business, Government, Industrial, Latvia, Law, Lithuania, Management, Netherlands, News, Russia, Security & Safety
Tagged Coordinated Action, Eurojust, EUROPOL, Germany, Illegal Exports, Latvia, Lithuania, Netherlands, partnership, RUSSIA
(IN BRIEF) Food Alliance, a Georgian frozen pastry producer, has received support from the European Bank for Reconstruction and Development (EBRD) and the European Union (EU) through the EU4Business-EBRD Credit Line in Georgia since 2017. This assistance includes modern equipment, … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged EBRD, European Union (EU), Financial, Food Alliance, GEORGIA, investment, partnership, SMEs, sustinability
(IN BRIEF) The Windward Offshore consortium has exercised options to expand its contract with Vard, a subsidiary of the Fincantieri group, for the design and construction of two additional hybrid Commissioning Service Operation Vessels (CSOVs), bringing the total to four … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology, Transportation & Logistics
Tagged Blue Star Group, Diana Shipping Inc., Fincantieri, Hybrid CSOVs, partnership, sustainability, Vard, Windward Offshore
(IN BRIEF) BioNTech and Duality Biologics have announced the commencement of a pivotal Phase 3 trial for BNT323/DB-1303, a next-generation antibody-drug conjugate (ADC) targeting the Human Epidermal Growth Factor Receptor 2 (HER2) in metastatic breast cancer. The trial will enroll … Read the full press release
(IN BRIEF) Expeditio Architects, an organization based in Montenegro, is pioneering sustainable spatial development projects, emphasizing civil society, architecture, urban planning, energy efficiency, and cultural heritage. With support from Sweden, they launched Archylab, an interactive portal aimed at educating architects … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Montenegro, News, Sweden, Technology, United Kingdom
Tagged Archylab, Biljana Gligorić, EBRD, Expeditio Architects, Innovative Online Portal, Montenegro, partnership, sustainability, Sweden, urban development
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a financial package of up to PLN 126.1 million (€29 million equivalent) to support the growth of renewable energy capacity in Poland. The funding will be directed towards … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has partnered with an international consortium led by Actis, a global sustainable infrastructure investor, to acquire approximately 1,800 mobile towers from Serbian state-owned telecoms operator Telekom Srbija across Bosnia and … Read the full press release
Posted in Banks, Bosnia and Herzegovina, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Montenegro, News, Serbia, Technology, Telecom, United Kingdom
Tagged acquisition, Actis, Bosnia and Herzegovina, EBRD, Holger Muent, Mobile Towers, Montenegro, partnership, SERBIA, sustainability, Telekom Srbija, Western Balkans
(IN BRIEF) The European Investment Bank (EIB) is set to provide €225 million in financing to Renfe for the modernization of its high-speed and freight trains. The funding includes a €125 million loan to renew the high-speed fleet, involving the … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and the Nordic Investment Bank (NIB) have joined forces to provide €371 million in financing for H2 Green Steel’s groundbreaking steel plant project in Boden, Sweden. Backed by the European Union’s InvestEU program, … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Metals and Minerals, News, Sweden, Technology
Tagged André Küüsvek, EIB, H2 Green Steel, Henrik Henriksson, Low-Carbon Plant, NIB, Paolo Gentiloni, partnership, sustainability, Sweden, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) has entered into an agreement with Protix, a leading sustainable protein producer, to provide up to €37 million in financing for the construction of a new production plant in Poland. This initiative aligns … Read the full press release
(IN BRIEF) INSEAD, the global business school, has signed a €60 million financing agreement with the European Investment Bank (EIB) to support its Europe Campus Reimagination project. The loan will facilitate the modernization and expansion of the INSEAD Europe Campus … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, EIB, Europe Campus, expansion, France, INSEAD, modernization, partnership, Professor Francisco Veloso, Renovation EIB, sustainability
(IN BRIEF) Judicial and law enforcement authorities from Germany, Cyprus, Bulgaria, and Sweden collaborated in a coordinated action against an organized crime group suspected of online trading fraud. The criminal network operated fraudulent online trading platforms from call centers and … Read the full press release
Posted in Bulgaria, Business, Cyprus, Economy, Financial, Germany, Government, Industrial, International Trade, Internet & Online, Investment, Law, Management, Netherlands, News, Security & Safety, Sweden, Technology
Tagged Bulgaria, Cyprus, Defrauding, Eurojust, EUROPOL, Fraud Network, Germany, Netherland, online trading, partnership, Sweden
(IN BRIEF) Eneco and Corre Energy have entered into a provisional agreement to jointly develop and invest in Corre Energy’s inaugural compressed air energy storage (CAES) project in Germany, located in Ahaus, North Rhine-Westphalia. This collaboration will allow Eneco to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News
Tagged Compressed Air Energy Storage (CAES) Project, Corre Energy, Eneco, Germany, Kees-Jan Rameau, Keith McGrane, partnership, sustainability
(IN BRIEF) A.P. Moller – Maersk is pleased to welcome Flying Tiger Copenhagen as a new customer, as the Danish retailer commits to transporting its entire ocean freight volume under Maersk’s ECO Delivery solution starting in 2024. This initiative aims … Read the full press release
(IN BRIEF) Milan-based construction company, Webuild Group, has entered into a joint venture with Fomento de Construcciones y Contratas Canada Ltd. (“FCC Canada”) to win a contract valued at approximately €700 million to €1.3 billion for the development and construction … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Transportation & Logistics
Tagged CANADA, FCC Canada, Milan, Ontario Line, Pape Tunnel and Underground Stations (PTUS) Development, partnership, sustainability, Webuild
(IN BRIEF) At the World Economic Forum’s Annual Meeting 2024, top-tier C-suite executives from Europe and MENA gathered to explore the shift from hardware to software in industries. Hosted by Roland Berger and Creative Dock, the event featured Renata Jungo … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Switzerland, Technology
Tagged AI, Manuel Hörl, Marcus Berret, Martin Pejsa, partnership, Prof. Dr. Tobias Gutmann, Renata Jungo Brüngger, Roland Berger, Software Supremacy, sustainability, Thomas Saueressig, Transformative Power, World Economic Forum
(IN BRIEF) Austrian Federal Railways (ÖBB) has placed an order for 70 trains with Siemens Mobility as part of a framework agreement secured in 2023. These trains, based on the Mireo platform, will be delivered in three different versions starting … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Andreas Matthä, Austrian Federal Railways (ÖBB), innovative, Michael Peter, Mireo trains, partnership, Siemens, Siemens Mobility, sustainability
(IN BRIEF) Nestlé has launched a new KitKat made with cocoa mass from beans grown by farmer families participating in the company’s income accelerator program. The initiative, aimed at addressing the living income gap of cocoa-farming families and reducing child … Read the full press release
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