Tag Archives: partnership

Skanska’s Joint Venture Awarded Additional GBP 71 Million for HS2 High-Speed Railway Project in the UK

(IN BRIEF) Skanska, as part of the Skanska Costain STRABAG joint venture, has been granted an additional GBP 71 million (approximately SEK 940 million) under their existing contract with HS2 Ltd for phase one of the high-speed railway project in … Read the full press release

Nicola Beer Appointed as First Female German Vice-President on EIB Management Committee

(IN BRIEF) Nicola Beer has been appointed as the first female Vice-President on the European Investment Bank’s (EIB) Management Committee, representing Germany. With a background in law and politics, Beer brings extensive experience from her roles as a member of … Read the full press release

Sunlight Receives €25 Million EIB Loan to Expand Lithium Battery Production in Greece

(IN BRIEF) Sunlight, a prominent battery manufacturer and member of the Olympia Group, has secured a €25 million loan from the European Investment Bank (EIB) to bolster its lithium battery production capacity at its cutting-edge facility in Xanthi, Greece. With … Read the full press release

EIB Global Signs €41.2 Million Loan Agreement to Rehabilitate Moldova’s Rail Infrastructure

(IN BRIEF) The European Investment Bank’s (EIB) specialized development finance arm, EIB Global, has entered into a €41.2 million loan agreement with the government of Moldova for the revitalization of the country’s railway infrastructure. Complementing this funding is a €12 … Read the full press release

European Investment Bank Welcomes EU Accession Negotiations with Ukraine, Moldova, and Candidate Status for Georgia

(IN BRIEF) The European Investment Bank (EIB) applauds the European Council’s decision to initiate EU accession negotiations with Ukraine and Moldova, while also granting candidate country status to Georgia. EIB President Werner Hoyer emphasizes the positive impact of enlargement on … Read the full press release

Nordic Paper Selects AFRY as Partner for Sustainable Investment Projects in Sweden

(IN BRIEF) Nordic Paper, a prominent specialty paper manufacturer based in Scandinavia, has enlisted AFRY as its engineering and project management collaborator for strategic investment initiatives at its Bäckhammar mill in Sweden. With an investment of approximately MSEK 850, Nordic … Read the full press release

Elkem Enhances Production Control and Safety with State-of-the-Art Control Center in Norway

(IN BRIEF) Elkem, a global leader in advanced materials based on silicon, is embarking on a digitalization initiative at its Bremanger plant in Norway. The company aims to improve production quality, safety, and efficiency by centralizing control rooms and production … Read the full press release

Lagardère Travel Retail to Elevate Food and Beverage Experience at Varna and Burgas Airports from 2025

(IN BRIEF) Lagardère Travel Retail is set to enhance the food and beverage offerings at Varna and Burgas international airports from 2025 as it takes on the management of the Foodservice Master Concession. This transformation will introduce new concepts from … Read the full press release

EIB Grants €20 Million Venture Debt Financing to The Akkermansia Company for Microbiome Health Research

(IN BRIEF) The European Investment Bank (EIB) has signed a €20 million venture debt financing agreement with The Akkermansia Company, a Belgian microbiome health specialist, supported by the European Commission’s InvestEU initiative. The Akkermansia Company, originating as a spin-off from … Read the full press release

EIB Provides €18 Million Financing to Novadip for Clinical Trials of Innovative Bone Repair Treatment

(IN BRIEF) Novadip, a Belgian biotech company, has secured €18 million in venture debt financing from the European Investment Bank (EIB) with support from the European Union’s InvestEU initiative. The funds will be utilized for clinical trials of NVD-003, an … Read the full press release

EIB Provides €46 Million Loan to Ingeteam for Renewable Energy Integration Research

(IN BRIEF) The European Investment Bank (EIB) and Ingeteam, a Spanish company specializing in electrical engineering and equipment development, have signed a €46 million loan agreement for a two-year investment plan. The plan focuses on research, development, and innovation (RDI) … Read the full press release

EIB and NIB Finance €85 Million Mažeikiai Onshore Wind Farm in Lithuania

(IN BRIEF) The European Investment Bank (EIB) and Nordic Investment Bank (NIB) have signed a financing agreement for the Mažeikiai onshore wind farm in Lithuania, developed by Ignitis Group, a leading energy company in the Baltics. Both EIB and NIB … Read the full press release

German Bundeswehr Orders Record-Breaking 82 Airbus H145M Multi-Role Helicopters

(IN BRIEF) The German Bundeswehr has signed a contract with Airbus Helicopters for the acquisition of up to 82 multi-role H145M helicopters, comprising 62 firm orders and 20 options. This order is not only the largest ever for the H145M … Read the full press release

Japan Airlines Receives First Airbus A350-1000 for International Routes

(IN BRIEF) Japan Airlines (JAL) has taken delivery of its first Airbus A350-1000 aircraft, marking a significant addition to the airline’s international fleet. The A350-1000 will initially operate on the Tokyo Haneda – New York JFK route. JAL’s A350-1000 is … Read the full press release

Outokumpu, ZWILLING, and STAHL KREBS Collaborate to Reduce Carbon Footprint of Stainless Steel Knives

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, has partnered with ZWILLING, a leading supplier of high-quality kitchen products, and steel trading company STAHL KREBS to reduce the carbon footprint of stainless steel knives. The collaboration involves the … Read the full press release

ANDRITZ Secures Major Conversion Project for Suzano’s Limeira Pulp Mill

(IN BRIEF) International technology group ANDRITZ has been awarded a significant follow-up order from Suzano, a leading Brazilian pulp and paper producer, to undertake a major conversion project at the Limeira pulp mill. The project aims to expand Suzano’s eucalyptus-based … Read the full press release

Kapsch TrafficCom and OCTA Unveil Cutting-Edge I-405 Express Lanes System, Transforming Commuting in Southern California

(IN BRIEF) On December 1st, the Orange County Transportation Authority (OCTA) celebrated the opening of the I-405 Express Lanes system, a pioneering infrastructure project designed and built by Kapsch TrafficCom. The state-of-the-art system, featuring FasTrak® transponder technology, offers commuters an … Read the full press release

DNV Continues to Lead Hydrogen Pipeline Research with NGT’s Expansion of FutureGrid

(IN BRIEF) DNV is at the forefront of advancing hydrogen pipeline research through its partnership with National Gas Transmission (NGT) in the expansion of the groundbreaking FutureGrid project. NGT, supported by DNV and other collaborators, secured two Strategic Innovation Funded … Read the full press release

Dassault Aviation Expands Use of 3DEXPERIENCE Platform for Enhanced Fleet Maintenance

(IN BRIEF) Dassault Aviation has extended its utilization of Dassault Systèmes’ 3DEXPERIENCE platform, hosted on a sovereign cloud, to enhance the maintenance, repair, and overhaul (MRO) processes for its Rafale aircraft fleet serving the French Ministry of Armed Forces. The … Read the full press release

bp and BWT Alpine F1 Team Join Forces to Boost Energy Efficiency and Sustainability

(IN BRIEF) bp and BWT Alpine F1 Team have announced a partnership focused on enhancing energy efficiency and sustainability at the Alpine F1 Team’s Enstone facility in Oxfordshire. The collaboration leverages bp’s advanced data measurement and analysis tools, including DIGBOX®, … Read the full press release