(IN BRIEF) EQT X fund has announced its acquisition of Zeus Company Inc., a pioneer in the design and production of fluoropolymer tubing for medical devices and select industrial applications. The acquisition aims to support Zeus’ continued growth as a … Read the full press release
Posted in Business, Financial, Government, Healthcare, Industrial, Investment, Management, News, Science, Sweden, Technology
Tagged acquisition, EQT, Eric Liu, Ethan Waxman, John Groetelaars, medical device, partnership, Steve Peterson, Zeus Company
(IN BRIEF) TotalEnergies’ Chairman and CEO, Patrick Pouyanné, met with Nigerian President Bola Ahmed Tinubu to reaffirm the enduring partnership between TotalEnergies and Nigeria. Over the past decade, TotalEnergies has been the largest private energy investor in Nigeria, with significant … Read the full press release
(IN BRIEF) The world’s largest subsea cable system, 2Africa, has expanded to the Canary Islands, improving connectivity and providing additional capacity for global telecommunications services. In collaboration with Vodafone and the Council of Tenerife, the cable system landed on the … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, Telecom, United Kingdom
Tagged 2Africa, Canalink, Canary Islands, connectivity, Javier Álvarez, partnership, sustainability, vodafone
(IN BRIEF) BAE Systems and AMS Integrated Solutions Ltd have entered into an agreement to jointly offer specialized support for artillery systems used in Ukraine, particularly those produced by BAE Systems. This partnership aims to provide repair and support services … Read the full press release
(IN BRIEF) A study led by researchers from the University of Cambridge and King’s College London highlights the importance of valuing patients’ “lived experiences” in the diagnostic process. The research, involving over 1,000 patients and clinicians, revealed that clinicians often … Read the full press release
Posted in Business, Education, Healthcare, Industrial, Management, News, Science, Technology, United Kingdom
Tagged 'Lived Experiences', Diagnosis Process, Dr Tom Pollak, King’s College London, Melanie Sloan, neuropsychiatric lupus, partnership, Recognition of Patients', study, Sue Farrington, sustainability, University of Cambridge
(IN BRIEF) On December 16, Mercedes-Benz achieved a significant milestone by obtaining conditional approval for its Level 3 conditionally automated driving system in Beijing, becoming one of the first automakers to do so. The automaker plans to conduct tests of … Read the full press release
Posted in Automotive, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Beijing, CHINA, Conditional Automated Driving License, Markus Schäfer, Mercedes-Benz, partnership, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a risk-sharing framework for Kosovan banks, with ProCredit Bank Kosovo (PCBK) becoming the first partner bank to join. This framework allows the EBRD to share partner banks’ exposure … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged EBRD, Kosovo, partnership, ProCredit Bank Kosovo, Sergiy Maslichenko, SME, sustainability, Visar Paçarada
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €150 million sovereign-backed loan to Ukraine’s electricity transmission company, Ukrenergo, as part of a comprehensive effort to support Ukraine’s energy security amidst the ongoing conflict with Russia. … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Norway, Ukraine, United Kingdom
Tagged conflict, Denys Shmygal, EBRD, ENERGY, Italy, Norway, Odile Renaud-Basso, partnership, sustainability, UKRAINE, Ukrenergo, Volodymyr Kudrytskyi
(IN BRIEF) The European Medicines Agency (EMA) and the Heads of Medicines Agencies (HMAs) have jointly released a comprehensive Artificial Intelligence (AI) workplan outlining their collaborative strategy through 2028. This initiative aims to maximize the benefits of AI for stakeholders … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, European Union, Financial, Healthcare, Industrial, Investment, Management, Netherlands, News, Pharma & Biotech, Science, Technology
Tagged 2028 Workplan, artificial-intelligence, EMA, HMAs, Medicines Regulation, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) has inked a €200 million loan agreement with Interbiak, a public entity under the Department for Infrastructure and Territorial Development of the Provincial Council of Bizkaia. This financing will facilitate the construction of … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Transportation & Logistics
Tagged Bilbao, EIB, Gilles Badot, Imanol Pradales, Interbiak, Nervión River Tunnel Project, partnership, sustainability
(IN BRIEF) In a significant development for Africa’s pharmaceutical sector, the African Pharmaceutical Technology Foundation and the Rwandan Government have signed a host country agreement, paving the way for the Foundation’s operationalization. The Foundation has also forged a memorandum of … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Healthcare, Industrial, Investment, Luxembourg, Management, News, Pharma & Biotech, Technology
Tagged Africa, African Development Bank, African Pharmaceutical Industry, African Pharmaceutical Technology Foundation, Dr Akinwumi Adesina, Dr Bärbel Kofler, Dr Ngozi Okonjo-Iweala, Dr Tedros Adhanom Ghebreyesus, Dr Vincent Biruta, EIB, Gelsomina Vigliotti, partnership, Professor Padmashree Gehl Sampath, sustainability
(IN BRIEF) The European Investment Bank (EIB) is providing a loan of PLN 1.5 billion to Jerónimo Martins Polska, the owner of the Biedronka retail store chain in Poland, to facilitate energy efficiency investments within its store network. This financial … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has granted a significant €175 million loan to Northern Fiber Holding Group (NFH) to support the expansion of its fiber optic network in northern Germany. This funding, in addition to the €240 million … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, Andrew Morris, EIB, fiber-optic network, Franz von Abendroth, Northern Fiber Holding Group, Northern Germany, partnership, Richard Krause, sustainability
(IN BRIEF) A recent study, titled “The impact of the EIB’s intermediated lending to businesses in the Western Balkans,” assesses the effect of the European Investment Bank’s (EIB) intermediated lending on small and medium-sized enterprises (SMEs) in Bosnia and Herzegovina, … Read the full press release
Posted in Banks, Bosnia and Herzegovina, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Montenegro, News, Serbia, Small Business
Tagged Bosnia, Debora Revoltella, EIB, Herzegovina, investment, Kyriacos Kakouris, Montenegro, NORTH MACEDONIA, partnership, SERBIA, SMEs, sustainability
(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel production, is investing approximately EUR 30 million in a pelletizing plant for biocoke in Tornio, Finland, with production set to start in mid-2025. The move aims to reduce direct emissions … Read the full press release
Posted in Business, Environment, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged biocoke, Finland, green steel production, Outokumpu, partnership, Pelletizing Plant, sustainability, Timo Huhtala, Tornio
(IN BRIEF) ANDRITZ has successfully rebuilt a mechanical pulping line at Shandong Huatai Paper’s mill in China, increasing its capacity from 100,000 to 300,000 t/a, making it the world’s largest mechanical pulping line for printing and writing paper production. The … Read the full press release
(IN BRIEF) Evonik has completed the acquisition of Thai Peroxide Company Limited (TPL), a former joint venture, to expand its specialty-grade hydrogen peroxide and peracetic acid offerings in the Asia Pacific region. TPL is a significant regional supplier of these … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged acquisition, Active Oxygens, Asia Pacific, Claus Rettig, Evonik, Lauren Kjeldsen, Michael Träxler, partnership, Specialty Peroxides, sustainability, Thai Peroxide Company
(IN BRIEF) Crédit Agricole Assurances has finalized a long-term partnership with Banco BPM to expand the distribution of its non-life, personal protection, and creditor insurance products through Banco BPM’s networks, including online and mobile banking channels. This move aligns with … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Insurance, Investment, Italy, Management, News
Tagged Banco BPM, Credit Agricole, Crédit Agricole Assurances, Italy, Non-Life Bancassurer, partnership, Philippe Dumont, sustainability
(IN BRIEF) DNV and Shandong Shipping Tanker Co., Ltd (SDST) have announced the establishment of a Joint Innovation Studio to foster collaboration in digitalization and sustainability within the maritime industry. The studio, based at SDST’s Qingdao headquarters, aims to support … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology, Transportation & Logistics
Tagged CHINA, digitalization, DNV, Innovation Studio, maritime, Norbert Kray, partnership, Shandong Shipping Tanker, sustainability
(IN BRIEF) The Hungarian government and Rheinmetall have signed a €288 million contract to jointly develop the Panther KF51 next-generation main battle tank, taking it to production maturity. The project involves the creation of a demonstrator vehicle and its qualification … Read the full press release
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