(IN BRIEF) Austria’s Ministry of Defence has awarded Rheinmetall a contract worth €532 million (excluding value-added tax) for the comprehensive modernization of its existing Skyguard air defense systems, as part of its “Mission Forward” rearmament program. This ambitious project includes … Read the full press release
(IN BRIEF) Alfa Laval, a leading provider of separation and fluid handling solutions, is teaming up with Swiss engine designer WinGD to advance the development of ammonia as a future fuel for marine vessels. As part of their ongoing ammonia … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Sweden, Switzerland, Technology, Transportation & Logistics
Tagged Alfa Laval, Ammonia-Fueled Engine, carbon-free, partnership, Sebastian Hensel, shipping, sustainability, Viktor Friberg, WinGD
(IN BRIEF) Siemens has recognized twelve outstanding inventors from various countries in its annual Inventors of the Year awards. These innovators have made significant contributions to fields such as artificial intelligence, sustainable power grids, railcar stability, and electric vehicle charging … Read the full press release
Posted in Awards, Business, Environment, Germany, Industrial, Management, Media, News, Technology
Tagged artificial intelligence, Awards, inventors, Inventors of the Year award, partnership, Peter Körte, Siemens, Swathi Shyam Sunder
(IN BRIEF) Scientists at Imperial College London have partnered with the Vodafone Foundation’s DreamLab app to create the world’s first accurate tropical cyclone maps. These maps, made freely available to the public, help visualize areas at risk of tropical cyclones … Read the full press release
Posted in Business, Education, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged Accurate Tropical Cyclone Maps, DreamLab App, hurricanes, Imperial College London, partnership, Smartphone Power, sustainability, tropical cyclone, typhoons, vodafone
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is taking steps to tackle youth unemployment and promote entrepreneurship in Central Asia by introducing a seven-year, €200 million (US$218 million) Youth in Business program. This initiative aims to provide … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Arnur Credit, Central Asia, EBRD, Entrepreneurship, Hamkorbank, Kazakhstan, Mongolia, MSMEs, partnership, Shinhan Bank Kazakhstan, Transcapital, Uzbekistan, Youth in Business Program, youth unemployment
(IN BRIEF) In Azerbaijan, furniture manufacturer Foriella, led by Owner and Director Farman Islamli, is harnessing innovation and quality craftsmanship to expand its presence in domestic and international markets. Seeking assistance from the European Bank for Reconstruction and Development (EBRD), … Read the full press release
Posted in Art & Culture, Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged Azerbaijani, craftsmanship, EBRD, Farman Islamli, Foriella, furniture, partnership, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is facilitating environmentally friendly investment in Jordan through its Green Economy Financing Facility (GEFF) by granting a $15 million (€13.8 million) loan to the Housing Bank (HBTF). This funding package … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, United Kingdom
Tagged Ammar Safadi, EBRD, GEFF, Green Investment, Gretchen Biery, Housing Bank, JORDAN, partnership, Pierre-Christophe Chatzisavas, sustainability
(IN BRIEF) In a significant development, the European Investment Bank (EIB) has approved a €100 million loan to support WIRO Wohnen in Rostock Wohnungsgesellschaft mbH, the municipal housing company in Rostock, Germany. This funding will aid WIRO in constructing 561 … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate
Tagged Affordable, Ambroise Fayolle, EIB, partnership, Ralf Zimlich, Rostock, sustainability, sustainable housing, WIRO
(IN BRIEF) The European Investment Bank (EIB) has signed a €70 million loan agreement with Stichting Vivium Zorggroep to support the organization’s investment plans until 2030. Vivium plans to modernize its building management approach, adapt its facilities for new care … Read the full press release
Posted in Banks, Business, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Netherlands, News, Real Estate
Tagged Elderly Care Facilities, Erwin Melger, European Investment Bank, Kris Peeters, Marco Wisse, Netherland, partnership, sustainability, Vivium Zorggroep
(IN BRIEF) The European Investment Bank (EIB) has disbursed €133 million to Ukraine for the Hydro Power Plants Rehabilitation Project, carried out by Ukrhydroenergo, the country’s largest hydropower generating company. This funding aims to support the restoration and repair of … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Luxembourg, Management, News, Ukraine
Tagged European Investment Bank, Hydro Power Plants, Ihor Syrota, partnership, sustainability, Teresa Czerwinska, UKRAINE, Valdis Dombrovskis
(IN BRIEF) Accenture has signed a strategic agreement with the Commercial Bank of Dubai (CBD) to support its technology transformation program, aiming to enhance its banking services for both personal and business customers. Under the agreement, Accenture will establish a … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Ireland, Management, Marketing, News, Technology
Tagged Accenture, Ali Imran, Commercial Bank of Dubai, David Parker, partnership, Technology Transformation Program
(IN BRIEF) French online printer Realisaprint.com has become the world’s first company to install the RICOH Pro Z75 B2 perfecting sheetfed inkjet platform after its successful beta testing at Heeter in America. Founded in 2007, Realisaprint.com offers commercial printing services … Read the full press release
(IN BRIEF) ABB has entered into an agreement with Gravitricity, a UK-based gravity energy storage company, to collaborate on the development and implementation of gravity energy storage systems in disused mines. Gravitricity’s innovative GraviStore system utilizes heavy weights in underground … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, United Kingdom
Tagged Abandoned Mines, ABB, Charles Bennett, Gravitricity, Gravity Energy Storage, Martin Wright, partnership, sustainability
(IN BRIEF) EQT Infrastructure has announced its acquisition of a majority stake in Heritage Environmental Services (HES), a leading US provider of sustainability and industrial waste management services. The move aligns with EQT’s focus on investing in businesses that offer … Read the full press release
Posted in Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Sweden
Tagged acquisition, EQT, EQT Infrastructure, Heritage Environmental Services, Industrial Waste Management, Jeff Laborsky, Juan Diego Vargas, Nomura Greentech, partnership, sustainability
(IN BRIEF) PGNiG Upstream Norway, a part of the ORLEN Group, has signed an agreement with Horisont Energi AS to acquire a 50% interest in the CO2 exploration license Polaris in the Barents Sea. This partnership signifies a significant step … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Poland
Tagged Barents Sea, Bjørgulf Haukelidsæter Eidesen, Carbon Storage Project, Daniel Obajtek, Horisont Energi, ORLEN, partnership, PGNiG Upstream Norway, sustainability
(IN BRIEF) The U.S. Navy is purchasing Saab’s Double Eagle family of undersea vehicles, known for their safety and operational reliability, as part of a Foreign Military Sales (FMS) program for the State of Kuwait’s Naval Force. This advanced system, … Read the full press release
Posted in Automotive, Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden
Tagged Double Eagle Undersea Vehicles, Erik Smith, Killian Swift, Kuwait's Naval Force, partnership, Saab, SAROV, U.S. Navy
(IN BRIEF) Arkema has entered into a 20-year contract with EDF Renewables to supply 20 GWh/year of renewable electricity, beginning in 2026. This partnership will cover 70% of Bostik’s electricity consumption across its eight sites in France. The move towards … Read the full press release
(IN BRIEF) The European Commission has given its approval for RWE to receive €2.6 billion in compensation for the early phase-out of its lignite-fired power plants, as mandated by the German Act to Reduce and End Coal-Fired Power Generation passed … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged Coal Phase-Out, European Commission, partnership, RWE, sustainability
(IN BRIEF) A groundbreaking global study conducted at Colt, Nokia, Samsung, and Vodafone, as part of the #ChangeTheFace Alliance’s efforts to promote diversity and equality in the technology sector, has unveiled significant workplace challenges faced by neurodivergent employees. The research … Read the full press release
Posted in Business, Industrial, Management, News, Society, Technology, Telecom, United Kingdom
Tagged #ChangeTheFace, Benjamin Braun, Colt, inclusivity, Kat Gray, Keri Gilder, Neurodivergent Employees, Nokia, partnership, Samsung, Serpil Timuray, society, sustainability, vodafone, Workplace Challenges
(IN BRIEF) In a groundbreaking partnership, Alfa Laval, a global leader in heat transfer and fluid handling, has joined forces with Bisviridi, a subsidiary of the BioteCH4 group, a leading UK anaerobic digestion (AD) operator. Their collaboration seeks to boost … Read the full press release
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