Tag Archives: partnership

Bundeswehr Awards Rheinmetall €50 Million Contract for Aircraft Decoy Flares

(IN BRIEF) The German military, Bundeswehr, has awarded Rheinmetall a significant contract worth nearly €50 million for over 470,000 decoy flares from Rheinmetall’s Birdie product line. These infrared decoy flares are used to distract incoming infrared-homing guided missiles and simulate … Read the full press release

BT Extends Sponsorship of Welsh Rugby Union Sides for Record 10 Consecutive Years

(IN BRIEF) BT has confirmed its commitment to sponsor all four Welsh professional rugby union teams, including Ospreys, Cardiff Rugby, Scarlets, and Dragons, until the conclusion of the 2023-24 season. This marks a decade of continuous sponsorship, making it one … Read the full press release

Thuraya and Ericsson Successfully Upgrade Billing and Charging Systems, Enhancing Service Experience

(IN BRIEF) Thuraya, the mobile satellite services operator based in the United Arab Emirates, has completed a successful migration and upgrade of its monetization systems with Ericsson. The upgrade involved deploying the latest Ericsson Billing and Ericsson Charging solutions, resulting … Read the full press release

Alstom Foundation Promotes Environmental Education Initiative in Spain to Combat Plastic Pollution

(IN BRIEF) The Alstom Foundation is collaborating with Fundación Vivo Sano in Spain to launch the “Seres Plásticos” environmental education program, aimed at raising awareness about the issues stemming from plastic waste accumulation. This initiative, primarily conducted in schools, will … Read the full press release

Schmalz Introduces Vacuum Blocks as a Robust Alternative for CNC Machine Clamping Equipment

(IN BRIEF) Holzmanufaktur Dittus GmbH, a woodworking company, has found a cost-effective and efficient solution for its CNC machining center, the Rover C6 from Biesse. They have adopted Schmalz’s VCBL-B vacuum blocks as a replacement for the original clamping equipment, … Read the full press release

Siemens and Voltaiq’s Synergy for Battery Industry Advancement

(IN BRIEF) Siemens Digital Industries Software has joined forces with Voltaiq to revolutionize battery manufacturing, addressing the increasing demand for battery-powered products. The collaboration combines Siemens’ Insights Hub™ and Voltaiq’s Enterprise Battery Intelligence™ to offer unmatched capabilities for battery-focused companies. … Read the full press release

Losinger Marazzi Secures Four Sustainable Building Projects Worth €410 Million in Switzerland

(IN BRIEF) Bouygues Construction’s Swiss subsidiary, Losinger Marazzi, has been awarded four building projects in Switzerland with a combined value of 401 million Swiss francs (€410 million). These projects are dedicated to sustainability and low-carbon solutions, aligning with the country’s … Read the full press release

Prudential Announces Exclusive 10-Year Bancassurance Partnership with CIMB Thai Bank in Thailand

(IN BRIEF) Prudential plc has revealed that Prudential Life Assurance (Thailand) Public Company Ltd (PLT) has entered into a decade-long bancassurance partnership with CIMB Thai Bank Public Company Limited (CIMB Thai), establishing PLT as the exclusive life insurance partner for … Read the full press release

Leadec Expands Operations to Spain and Portugal, Offering Integrated Facility Management Services

(IN BRIEF) Leadec, a global service specialist for factories throughout their life cycle, is extending its presence to Spain and Portugal, increasing its reach to 16 countries. The expansion allows industrial companies in the Iberian Peninsula to access Leadec’s technical … Read the full press release

Siemens Enhances eMobility Portfolio with Acquisition of Heliox, a Leader in DC Fast Charging Solutions

(IN BRIEF) Siemens AG has successfully acquired Heliox, a renowned provider of DC fast charging solutions for eBus, eTruck fleets, and passenger vehicles. The Netherlands-based Heliox, with around 330 employees, brings a range of charging products from 40 kW to … Read the full press release

EBRD Achieves Record Investments of €13.1 Billion in 2023, Focusing on Green Economy and Crisis Response

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) announced a significant milestone by delivering a record €13.1 billion in investments in 2023, marking a year of achievements and challenges. The bank reported record levels of investments, green financing, … Read the full press release

EBRD Launches Innovative Guarantee for Growth Facility with Raiffeisen Bank to Boost SME Financing in Kosovo

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has introduced its first Guarantee for Growth (G4G) facility, providing Raiffeisen Bank in Kosovo with a guarantee of up to €20 million over three years, linked to the bank’s domestic … Read the full press release

EIB Provides €150 Million Guarantee to novobanco for €300 Million in New Loans to Boost Portuguese Mid-Caps and Public Sector

(IN BRIEF) novobanco has entered into a contract with the European Investment Bank (EIB) for a €150 million guarantee, significantly enhancing its financing capabilities. This guarantee enables novobanco to share 50% of the risk for new loans provided to Portuguese … Read the full press release

Groupe BPCE and EIB Join Forces to Provide €300 Million for Green Transition of SMEs and Mid-Caps

(IN BRIEF) Groupe BPCE and the European Investment Bank (EIB) have collaborated to offer a €300 million package aimed at facilitating the green transition of small and medium-sized enterprises (SMEs) and mid-cap companies. This partnership enables Groupe BPCE to provide … Read the full press release

Millennium bcp and EIB Join Forces to Boost Portuguese Mid-Cap Financing with €400 Million Guarantee

(IN BRIEF) Millennium bcp and the European Investment Bank (EIB) have inked a guarantee agreement aimed at facilitating access to financing for Portuguese mid-cap companies, particularly in the face of high interest rates, a challenging operational environment, and reduced credit … Read the full press release

Škoda Auto to Elevate In-Vehicle Experience with AI-Based ChatGPT Integration in Laura Voice Assistant

(IN BRIEF) Škoda Auto is integrating the AI-based chatbot ChatGPT into its Laura voice assistant, enhancing the in-vehicle experience for customers. The chatbot, powered by Cerence Chat Pro, will be available in Škoda models based on MEB GP and MQB … Read the full press release

Plenitude Expands Its Renewable Portfolio with Acquisition of Three U.S. Solar Parks from EDPR

(IN BRIEF) Plenitude, a renewable energy company and subsidiary of Eni New Energy US Inc., has signed an agreement with EDP Renováveis (EDPR) to acquire an 80% equity stake in three operational photovoltaic plants in the United States. The Cattlemen … Read the full press release

CES 2024: Luminar and Mercedes-AMG Extend Partnership to Enhance Safety in Formula 1 with LiDAR Technology

(IN BRIEF) Luminar, a global automotive technology company, has expanded its partnership with Mercedes-Benz to collaborate with the Mercedes-AMG PETRONAS Formula 1 Team. The collaboration aims to integrate Luminar’s LiDAR technology into the Official FIA F1 Safety Car, the Mercedes-AMG … Read the full press release

Mercedes-Benz Unveils Hyper-Personalized User Experience and Innovative Entertainment at CES 2024

(IN BRIEF) Mercedes-Benz unveils a series of digital advancements and collaborations at CES 2024, focusing on delivering a hyper-personalized user experience in their vehicles. The key highlight is the MBUX Virtual Assistant, powered by generative AI and advanced 3D graphics, … Read the full press release

CES 2024: Mercedes-AMG and will.i.am Launch MBUX SOUND DRIVE, Turning Cars into Musical Instruments

(IN BRIEF) Mercedes-AMG and musician will.i.am collaborate to introduce MBUX SOUND DRIVE, a groundbreaking interactive music experience for Mercedes-AMG vehicles. This innovative technology utilizes sensors and advanced software to interpret various driving dynamics, such as acceleration and braking, and converts … Read the full press release