Tag Archives: partnership

Addressing Food Insecurity Among Workers: University of Liverpool Law School’s Research and Advocacy Efforts

(IN BRIEF) The University of Liverpool Law School is hosting an event to advocate for addressing the recommendations of a research report aimed at improving the protection of workers facing food insecurity. The report, developed in collaboration with Feeding Liverpool, … Read the full press release

Swisscom Partners with NVIDIA to Build AI Supercomputers, Investing 100 Million Swiss Francs in AI Solutions

(IN BRIEF) Swisscom has announced a significant collaboration with NVIDIA to create generative AI (GenAI) full-stack supercomputers in Switzerland, utilizing NVIDIA accelerated computing and the NVIDIA AI Enterprise software platform, including the NeMo framework. This partnership aims to develop standard … Read the full press release

SIXT Strikes Multi-Billion Euro Deal with Stellantis for Up to 250,000 Vehicles in Rental Fleet Expansion

(IN BRIEF) SIXT, the premium mobility service provider, and Stellantis, a major global automaker, have reached a multi-billion euro agreement, allowing SIXT to potentially purchase up to 250,000 vehicles for its rental fleet across Europe and North America over the … Read the full press release

Skanska to Renovate and Expand DNB Livsforsikring’s Office Building in Trondheim for NOK 673M

(IN BRIEF) Skanska has secured a contract worth NOK 673 million (approximately SEK 660 million) from DNB Livsforsikring AS, via its subsidiary Trondheim Torg AS, for the renovation and expansion of an existing commercial office building in Trondheim, Norway. This … Read the full press release

Voith and Schumacher Packaging Successfully Upgrade PM 2 in Poland for Doubled Production Capacity and Sustainability

(IN BRIEF) Voith and Schumacher Packaging have achieved the successful startup of PM 2 in Myszków, Poland, following a comprehensive modernization project. The rebuild, led by Voith, has doubled the production capacity of lightweight containerboard grades from 500 to 1,000 … Read the full press release

European Commission Approves Quantum Key Distribution Infrastructure for Enhanced Cybersecurity

(IN BRIEF) The European Commission has awarded a consortium led by Deutsche Telekom, named “Nostradamus,” the task of constructing testing infrastructure for quantum key distribution (QKD). This initiative will facilitate the evaluation of QKD devices from European manufacturers, a crucial … Read the full press release

Bentley Motors Commits to Support Armed Forces Community by Signing the Armed Forces Covenant

(IN BRIEF) Bentley Motors, located in Crewe, has pledged its commitment to the Armed Forces Community by signing the Armed Forces Covenant, a national initiative aimed at supporting military personnel and their families. The company aims to treat those who … Read the full press release

Siemens Joins HEINEKEN in Pioneering Global Net Zero Production Initiative

(IN BRIEF) HEINEKEN, the world’s leading brewer, has partnered with Siemens to advance its global Net Zero Production roadmap. The collaboration aims to achieve net-zero emissions in Scopes 1 and 2 across all production sites by 2030. Siemens will deploy … Read the full press release

Baltic Power Offshore Wind Farm to Pioneeringly Use Low-Emission Steel for Turbines, Reducing Carbon Footprint by 10%

(IN BRIEF) The Baltic Power offshore wind farm, a collaboration between ORLEN Group and Northland Power, is set to become the world’s first to construct wind turbines using low-emission steel produced predominantly from recycled materials in an electric arc furnace … Read the full press release

Siemens and Salesforce Collaborate to Launch Teamcenter SLM App on Salesforce AppExchange for Enhanced Manufacturing Service and Customer Experiences

(IN BRIEF) Siemens Digital Industries Software has unveiled the new Teamcenter SLM app on Salesforce AppExchange, developed in partnership with Salesforce. This app combines Siemens’ Teamcenter Service Lifecycle Management (SLM) solution with Salesforce Manufacturing Cloud and Salesforce Service Cloud, bridging … Read the full press release

Shell to Sell Nigerian Onshore Subsidiary SPDC to Renaissance Consortium for $1.3 Billion

(IN BRIEF) Shell has entered into an agreement to divest its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC), to the Renaissance consortium. This consortium comprises four Nigerian exploration and production companies and an international energy … Read the full press release

Celebrating Sustainability: EIB Invests Over $1 Billion in Northvolt’s Gigafactory Expansion

(IN BRIEF) The European Investment Bank (EIB) is set to provide a substantial lending package of slightly over $1.038 billion (€942.6 million) to support the expansion of Northvolt’s gigafactory in Skellefteå, Sweden. This financing is a crucial component of a … Read the full press release

SIC5 Launches as Swiss Payment System’s Next Generation, Paving the Way for Instant Payments

(IN BRIEF) SIX and the Swiss National Bank have unveiled SIC5, the new generation of the Swiss payment system, which sets the stage for instant payments, enabling electronic customer payments to be processed 24/7 in a matter of seconds. Over … Read the full press release

SGS Approved as Pre-Export Verification Provider for Oil and Gas Equipment in Uganda

(IN BRIEF) The Petroleum Authority of Uganda (PAU) and Uganda’s National Bureau of Standards (UNBS) have granted approval to SGS to offer Pre-Export Verification of Conformity (PVoC) services for equipment and materials intended for Oil and Gas projects in Uganda. … Read the full press release

NIB Grants USD 97.3 Million Loan to Northvolt for Lithium-Ion Battery Manufacturing and Recycling Facility in Sweden

(IN BRIEF) The Nordic Investment Bank (NIB) has provided a USD 97.3 million (EUR 88.30 million) loan to Northvolt Ett AB, as part of a consortium, for the establishment of an integrated lithium-ion battery manufacturing and recycling facility in Skellefteå, … Read the full press release

ANDRITZ and Powerhouse Controls Partner to Revolutionize North American Paper Machine Drive Systems

(IN BRIEF) International technology group ANDRITZ has joined forces with Powerhouse Controls, a leading drive system provider, to address the modernization needs of North American paper mills while minimizing production downtime. This partnership combines Powerhouse Controls’ drive solutions with ANDRITZ’s … Read the full press release

EIB Group Signs PLN 2 Billion Securitisation Agreement with EFL to Support Polish SMEs and Sustainable Projects

(IN BRIEF) The European Investment Bank Group (EIB Group) has entered into a revolving synthetic securitisation agreement with Europejski Fundusz Leasingowy S.A. (EFL) for a PLN 2 billion portfolio of leasing receivables. EFL commits to provide PLN 2.5 billion in … Read the full press release

80% of Torchbearers Announced for Paris 2024 Olympic and Paralympic Torch Relays

(IN BRIEF) Paris 2024 has revealed that 80% of the 11,000 Torchbearers for the Olympic and Paralympic Torch Relays have been selected. These Torchbearers, representing diverse backgrounds, will carry the Olympic and Paralympic Flames throughout France, igniting excitement and anticipation … Read the full press release

Volvo Group Explores Potential Sale of Arquus, Expects Negative Impact on Q4 2023 Income

(IN BRIEF) The Volvo Group has entered into an option agreement with John Cockerill Defense, allowing Volvo to potentially sell Arquus, a company specializing in defense vehicle manufacturing. The agreement requires consultations with employee representative bodies, expected to conclude in … Read the full press release

DAAD Recommends Realpolitik Approach in New Guidelines for Academic Cooperation with China

(IN BRIEF) The German Academic Exchange Service (DAAD) has released guidelines for academic collaboration with China, favoring a realpolitik approach in line with the German government’s China strategy. The guidelines provide three general principles for German higher education institutions dealing … Read the full press release