Tag Archives: partnership

Vodafone and Sumitomo Introduce Pairpoint: A Groundbreaking Venture for the Economy of Things

(IN BRIEF) Vodafone and Sumitomo Corporation have unveiled Pairpoint, a new brand for their joint venture that was previously known as Digital Asset Broker. Pairpoint aims to enable customers and businesses to leverage the opportunities arising from the Economy of … Read the full press release

E.ON Presents Digital Heat Map for Germany to Support Energy Transition in Heating Sector

(IN BRIEF) E.ON, in collaboration with Klara Geywitz, Federal Minister for Housing, Urban Development, and Building, has introduced a comprehensive digital heat map for all of Germany. This interactive tool provides insights into the current status of heat supply in … Read the full press release

Maersk Expands Omnichannel Fulfilment Network in Australia with Seven New Facilities

(IN BRIEF) A.P. Moller-Maersk (Maersk) is strengthening its presence in Australia by opening seven new facilities across the country as part of its global integrator strategy. These additions, to be completed by Q1 2024, will bring Maersk’s total number of … Read the full press release

European Space Pioneer Chiara Manfletti Leads Research for Sustainable Space Travel at TUM

(IN BRIEF) Chiara Manfletti, a prominent figure in European space exploration, has joined the Technical University of Munich (TUM) as a leading expert in aerospace engineering. Her diverse career includes key roles at the German Aerospace Center (DLR), the European … Read the full press release

Outokumpu’s Q3 2023 Report: Challenging European Market Offset by Solid Performance in Americas

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, has released its interim report for January to September 2023, highlighting both the challenges and successes during this period. In Q3 2023, the company experienced a challenging market environment in … Read the full press release

Outokumpu and CRONIMET Strengthen Partnership to Boost Circular Economy and Reduce CO2 Emissions in Stainless Steel Production

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, and CRONIMET, a global leader in recycled stainless steel, are expanding their collaboration to enhance the sourcing and supply of high-quality scrap in Northeastern Europe. Outokumpu has agreed to acquire … Read the full press release

Outokumpu’s Restructuring Moves in Germany: Strengthening Global Advanced Materials Leadership

(IN BRIEF) Outokumpu, a global leader in advanced materials, has unveiled plans for restructuring measures in Germany as part of its strategy to enhance competitiveness and maintain a strong position in the global market for advanced materials. The company aims … Read the full press release

EIB and Intesa Sanpaolo Collaborate on €100m Loan to Promote Green Transition in Italian Public Sector

(IN BRIEF) The European Investment Bank (EIB) and Intesa Sanpaolo have entered into an agreement for a €100 million loan to facilitate the green transition of the public sector and publicly owned companies in Italy. This initiative marks the first … Read the full press release

Equinor Makes Commercially Viable Gas Discovery Near Gina Krog Field in the North Sea

(IN BRIEF) Equinor has announced a commercially viable gas discovery near the Gina Krog field in the North Sea. Although the discovery is relatively small, it is considered commercially viable due to its ability to leverage existing infrastructure by the … Read the full press release

Bosch Ventures and Partners Invest Over $500 Million in AI Startup Aleph Alpha to Advance Generative AI

(IN BRIEF) Bosch Ventures, in collaboration with the Schwarz Group and the Innovation Park AI (Ipai), is leading a Series B investment round in the AI startup Aleph Alpha, raising more than $500 million in funding. This funding will enable … Read the full press release

NatWest Enhances Virtual Assistant ‘Cora’ with Generative AI for Improved Customer Engagement

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) NatWest, in collaboration with IBM, has announced updates to its virtual assistant, Cora, utilizing generative AI to provide customers with an expanded range of information through conversational interactions. This innovation makes NatWest one of the first banks in … Read the full press release

Eni and Saipem Join Forces to Develop Sustainable Aviation Fuel and Biofuel Production

(IN BRIEF) Eni and Saipem have entered into an agreement to advance the development of biorefining technologies, aligning with their decarbonization objectives. The agreement focuses on exploring the construction of plants for the production of sustainable aviation fuel (biojet) and … Read the full press release

Corporate Heroes: Businesses Rally to Support Ukraine Amidst Geopolitical Turmoil

(IN BRIEF) Despite the ongoing conflict in Ukraine and geopolitical uncertainties, numerous companies from both Ukraine and around the world have demonstrated remarkable support by offering financial, material, and essential resources to aid the Ukrainian government and its people. This … Read the full press release

EBRD Commits $100 Million to İşbank for Earthquake Recovery and Women-Led SMEs in Türkiye

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending $100 million in financing to Türkiye İş Bankası (İşbank), Türkiye’s largest private bank, to support earthquake recovery efforts in the south-eastern region of Türkiye and empower women-led small … Read the full press release

Finnish Researchers Investigate Medication Discontinuation Success in Chronic Myeloid Leukaemia Patients

(IN BRIEF) Researchers in Finland have conducted a study to understand why some chronic myeloid leukaemia (CML) patients can safely discontinue their daily medication. CML is a type of blood cancer, and targeted drugs have significantly improved patient outcomes. However, … Read the full press release

Ramboll Strengthens Management Consulting Practice with Acquisition of Strategy Implementation Specialist acondas

(IN BRIEF) Ramboll has continued to bolster its Management Consulting practice by acquiring acondas, a renowned Germany-based management consultancy specializing in strategy implementation, sustainability transformation, value enhancement, and transaction advice. This acquisition adds 40 highly skilled consultants to Ramboll’s team. … Read the full press release

AFRY Secures Framework Agreement to Enhance Sweden’s Electricity Distribution Network for Renewable Energy Integration

(IN BRIEF) AFRY, a prominent player in industry, energy, and infrastructure, has been awarded a significant framework agreement with Vattenfall Eldistribution, one of Sweden’s largest Distribution System Operators (DSOs). Under this agreement, AFRY will provide a range of technical consulting … Read the full press release

EIB Grants €100 Million Loan to Intesa Sanpaolo to Boost Green Transition in Italy’s Public Sector

(IN BRIEF) The European Investment Bank (EIB) has signed an agreement with Intesa Sanpaolo to provide a €100 million loan aimed at supporting the green transition of the public sector and publicly owned companies in Italy. This partnership marks the … Read the full press release

Alstom Collaborates with Helwan University’s Faculty of Fine Arts to Envision Egypt’s Future Mobility Through Art

(IN BRIEF) Alstom, a global leader in sustainable mobility solutions, is partnering with the Faculty of Fine Arts at Helwan University as part of its participation in the TransMEA Expo. This innovative collaboration merges artistry and public engagement to imagine … Read the full press release

EQT Infrastructure to Acquire Statera Energy, Boosting UK’s Flexible Energy Generation and Storage

(IN BRIEF) EQT Infrastructure has announced its acquisition of Statera Energy Limited from InfraRed Capital Partners, a move that aligns with the evolving landscape of the UK’s energy sector. As the country shifts towards decarbonization and increased electrification, the role … Read the full press release