(IN BRIEF) Infineon Technologies AG, a semiconductor leader, will provide silicon carbide (SiC) power modules and bare die products to Xiaomi EV for its SU7 electric vehicles until 2027. Infineon’s CoolSiC-based power modules offer superior performance, driving dynamics, and lifetime … Read the full press release
(IN BRIEF) Eviden, a leading digital, cloud, big data, and security provider within the Atos Group, has unveiled its new facility, the Eviden Mission Critical Systems Technology Center, situated in Prottes, Lower Austria. This inauguration underscores Eviden’s dedication to advancing … Read the full press release
(IN BRIEF) WACKER is strategically enhancing its BIOSOLUTIONS life-science division by bolstering capacities in biopharmaceuticals for advanced therapies. Its subsidiary, Wacker Biotech US, based in San Diego, is expanding mRNA and protein production to meet the surging demand for contract … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged advanced therapies, biopharmaceutical, Dr. Philippe Cronet, partnership, sustainability, USA, WACKER
(IN BRIEF) The Hamburg-based tech firm, the applike group, renowned for mobile app management and distribution, has relocated its headquarters to central Hamburg to accommodate its expanding operations. The move to new offices, managed by Lindner, reflects the company’s commitment … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged Applike Group, Hamburg, Industrial Design, INNOVATION, Lindner, partnership, sustainability
(IN BRIEF) AstraZeneca has finalized its equity investment with Cellectis, a clinical-stage biotechnology firm, following a successful research collaboration agreement announced in November 2023. This partnership aims to harness Cellectis’ gene editing technologies to design up to 10 novel cell … Read the full press release
Posted in Business, Financial, France, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged Adrian Kemp, AstraZeneca, Cell and Gene Therapy Development, Cellectis, France, investment, partnership
(IN BRIEF) STARK Group announces the opening of a vast central warehouse in Eskilstuna, Sweden, marking a significant investment in the company’s logistics infrastructure. With a sprawling expanse of 63,000 square meters, equivalent to 12 football fields, the warehouse is … Read the full press release
(IN BRIEF) Lidl announces a new partnership with BILD Group, introducing BILDplus as a premium offer for users of the Lidl Plus app in Germany. Customers reaching a certain monthly shopping volume through Lidl Plus will receive complimentary access to … Read the full press release
Posted in Business, Entertainment, Financial, Germany, Industrial, Investment, Management, Marketing, Media, News, Retail, Technology
Tagged Axel Springer, BILD Group, BILDplus, Claudius Senst, Jan Bock, Lidl, Lidl Plus App Users, partnership, Schwarz Group
(IN BRIEF) CIMIC Group subsidiary Leighton Asia, in partnership with China Railway First Group, has been awarded the A$4.3 billion North District Hospital (NDH) expansion project by the Hong Kong Hospital Authority. Expected to generate up to A$2.4 billion in … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Spain
Tagged ACS Group, Brad Davey, China Railway First Group, CIMIC Group, Expansion Project, Hong Kong, Juan Santamaria, Leighton Asia, North District Hospital, partnership
(IN BRIEF) Bechtle direct Italy is extending its presence to Milan, securing a prime location in the city’s renowned Milanofiori Nord business district, housed in the eco-friendly U15 building. This expansion underscores Bechtle’s commitment to fostering sustained growth, enhancing accessibility … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Bechtle, Bernhard Kabicher, INNOVATION, Italy, Milan Office, partnership, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is bolstering micro, small, and medium-sized businesses in Uzbekistan by providing a financial package of up to US$ 20 million to Ipak Yuli Bank. This includes a US$ 10 million … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Retail, Small Business, United Kingdom
Tagged EBRD, Financial, Ipak Yuli Bank, partnership, small business, sustainability, Uzbekistan, Youth Entrepreneurship
(IN BRIEF) GTT and PipeChina Engineering Technology Innovation Co. Ltd (PipeChina Innovation) have signed a License Agreement for the utilization of GTT membrane containment technology in onshore LNG storage. This collaboration aims to facilitate the construction of onshore LNG storage … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Adnan Ezzarhouni, GTT, Jiang Changliang, Onshore LNG Storage Solutions, partnership, Philippe Berterottière, PipeChina Innovation, Sang Guangshi, sustainability
(IN BRIEF) Alfa Laval is part of the consortium Molten Salt Storage (MOSS), funded by the Energy Technology Development and Demonstration Program (EUDP), which recently inaugurated the world’s first thermal energy storage system using molten hydroxide salts. This innovative project, … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Alasdair Maciver, Alfa Laval, Denmark, Molten Salt Storage (MOSS), partnership, sustainability, Søren Gade, Thermal Energy Storage System, Thomas Møller
(IN BRIEF) Rheinmetall has secured significant new orders for its plug-and-play heat pump solution, signaling expansion into diverse applications within electromobility. The first order, valued in the high single-digit million euro range, comes from an international expert in electric bus … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged electromobility, heat pump solution, partnership, Rheinmetall
(IN BRIEF) Siemens has finalized the construction of a 200kWp solar farm at the University of York’s Institute for Safe Autonomy, as part of a £1.5 million research endeavor funded by the UK Research Partnership Investment Fund (UKRPIF). This collaborative … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, United Kingdom
Tagged Faye Bowser, partnership, Professor Miles Elsden, Siemens, solar farm, sustainability, UK, University of York
(IN BRIEF) Digital Nasional Berhad (DNB) and Ericsson are joining forces to accelerate the digitalization of enterprises in Malaysia through a pioneering program leveraging the country’s world-leading 5G network. The initiative, formalized through Memorandums of Understanding (MoUs), involves key industry … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 5G, Börje Ekholm, Datuk Ahmad Zaki Zahid, Digital Nasional Berhad (DNB), digitalization, Dr. Hairi Zamzuri, eMooVit Technology, Ericsson, Intel, Malaysia, Mr David Hägerbro, Mr Vignesh Sakthinathan, Ms AK Chong, Ms Heba Eltarifi, partnership, Scania, SKF Malaysia, YB Gobind Singh Deo
(IN BRIEF) Accenture has announced its acquisition of Parsionate, a leading data consultancy specializing in data products and modern data foundation services, with a focus on industries like retail, industrial, consumer goods, and life sciences. This strategic move aims to … Read the full press release
(IN BRIEF) Accenture, through its renowned creative agency Droga5, has announced the acquisition of SOKO, a leading Brazilian creative agency known for its innovative and culturally resonant brand storytelling. SOKO’s integration into Droga5 São Paulo aims to strengthen the agency’s … Read the full press release
Posted in Art & Culture, Business, Financial, Government, Industrial, Investment, Ireland, Management, Marketing, News, Technology
Tagged Accenture, acquisition, Brazil, Creative Influence, David Droga, Droga5, Eco Moliterno, Felipe Simi, partnership, SOKO
(IN BRIEF) AFRY has joined forces with Assocarta, the Italian paper association, to devise a net-zero roadmap aimed at decarbonizing Italy’s pulp and paper sector. Tasked with aligning strategies with EU directives and local conditions, AFRY will evaluate technological advancements, … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Sweden, Technology
Tagged AFRY, Assocarta, Italy, partnership, pulp and paper industry, sustainability, Visa Moilanen
(IN BRIEF) Aura Minerals has enlisted AFRY to provide comprehensive engineering, procurement, construction management (EPCM), and commissioning services for the Borborema Project’s gold processing plant. The project, located in Currais Novos, Brazil, will operate within Aura’s open-pit mine and is … Read the full press release
(IN BRIEF) Royal Philips and Radboud University Medical Center (Radboudumc) have entered a hospital-wide, long-term strategic partnership to provide the latest patient monitoring applications across all Radboudumc departments. This collaboration ensures access to Philips’ patient monitoring portfolio, including continuous software … Read the full press release
Posted in Business, Financial, Healthcare, Industrial, Investment, Management, Netherlands, News, Technology
Tagged Léon Kempeneers, partnership, patient monitoring, Philips, Radboud University Medical Center
(IN BRIEF) Webuild, along with its US subsidiary Lane, has unveiled a pro bono proposal for the reconstruction of Baltimore’s Francis Scott Key Bridge, which collapsed in March, severing a vital link for the city’s port. The proposal, presented to … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Security & Safety, Technology
Tagged Baltimore Bridge, Carlo Ratti, Michel Virlogeux, partnership, Pietro Salini, reconstruction, safety, sustainability, Webuild
(IN BRIEF) Vattenfall has finalized the transfer of all shares in Vattenfall Wärme Berlin AG, including power plants, grids, subsidiaries, and employees, to the State of Berlin for approximately 1.4 billion euros. This strategic move aligns with Berlin’s goal to … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged acquisition, Berlin, Heating Business, partnership, sustainability, Vattenfall
(IN BRIEF) Boliden, a leading mining and metals company, has taken a groundbreaking step by integrating climate goals validated by the Science Based Targets initiative (SBTi) into its existing revolving credit facilities agreement (RCF). The RCF, totaling EUR 850 million, … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Sweden
Tagged Boliden, climate goals, Financial Agreements, Håkan Gabrielsson, Mining Sector, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) is providing close to €45 million for the implementation of an innovative geothermal heating project, Eavor-LoopTM, in Geretsried, Bavaria. This pioneering project, which received an additional €91.6 million grant from the EU Innovation … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged Bavaria, Daniel Mölk, Eavor-LoopTM, EIB, EU, Geothermal Heating Project, INNOVATION, investment, Nicola Beer, partnership, sustainability, Wopke Hoekstra
(IN BRIEF) European Investment Bank (EIB) President Nadia Calviño, alongside Irish Finance Minister Michael McGrath, announced a landmark €1.6 billion investment in Ireland, the largest in 51 years. The investment, aimed at fostering innovation, sustainability, and economic growth, will impact … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Ireland, Luxembourg, Management, News, Technology
Tagged economy, EIB, INNOVATION, investment, Ireland, Michael McGrath, Nadia Calviño, partnership, sustainability
(IN BRIEF) Eviden, a digital, cloud, big data, and security business within the Atos Group, partners with NVIDIA and the University of Maryland, Baltimore County (UMBC) Training Centers to establish a cutting-edge center for applied AI and edge AI training. … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Applied AI Training, Atos, Baltimore County (UMBC), Dan Feldhusen, Eviden, Jon Lau, NVIDIA, partnership, sustainability, University of Maryland
(IN BRIEF) Airbus Helicopters has secured a contract with the Ministry of Defence of Brunei for the procurement of six H145M helicopters. The selection of the H145M underscores its reputation for high performance and versatility, with Brunei aiming to enhance … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Air Force, Airbus, Brunei, Bruno Even, H145M helicopters, partnership
(IN BRIEF) Omexom UK & RoI and Taylor Woodrow, subsidiaries of VINCI Energies and VINCI Construction respectively, have formed a joint-venture named OTW in the UK. OTW has been selected as a delivery partner for the Great Grid Partnership program, … Read the full press release
(IN BRIEF) The Australian Government has awarded Ocean Winds, a joint venture between ENGIE and EDP Renewables, exclusive development rights for the country’s inaugural offshore wind tender. This milestone grants Ocean Winds a feasibility license for a 150 km2 area … Read the full press release
(IN BRIEF) Adyen, a global financial technology platform, has teamed up with Tide, the UK’s top business financial platform, to introduce Tide business accounts in Germany, marking Tide’s entry into the European market. This collaboration signifies Adyen’s debut of its … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Netherlands, News, Small Business, Technology, United Kingdom
Tagged Adyen, Alexa von Bismarck, expansion, Germany, Netherland, Oliver Prill, partnership, SMEs, sustainability, Tide, UK
(IN BRIEF) Arkema has announced its agreement to acquire Dow’s flexible packaging laminating adhesives business, a major player in the industry with annual sales of approximately US$250 million. This acquisition will significantly enhance Arkema’s portfolio in flexible packaging, positioning the … Read the full press release
(IN BRIEF) Plus Dane Housing, a social housing provider with over 13,500 homes across Merseyside and Cheshire, has embarked on a growth program to address social inequality and support vulnerable tenants, exacerbated by the Covid-19 pandemic. Seeking long-term financing to … Read the full press release
(IN BRIEF) Chemovator, BASF’s business incubator and early-stage investor, has finalized an investment in Heartland, a Detroit-based startup specializing in natural fiber plastic additives. This investment, part of Chemovator’s Elevate program for early-stage chemistry startups, aims to support Heartland’s innovative … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Chemovator, Fiber Plastic Additives, Gati Kalim, Heartland, investment, Jesse Henry, partnership, sustainability, Thomas Holcombe, USA
(IN BRIEF) BAE Systems has been chosen by NASA to develop the Atmospheric Composition instrument (ACX) for the National Oceanic and Atmospheric Administration’s (NOAA) Geostationary Extended Observations (GeoXO) satellite constellation. ACX, a hyperspectral imager, will provide hourly air quality measurements … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, Government, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged Atmospheric Composition instrument (ACX) Instrument, BAE Systems, Dr. Alberto Conti, Environmental Monitoring Mission, GeoXO, NASA, partnership, sustainability
(IN BRIEF) Brightline has announced Siemens Mobility as the “preferred bidder” to manufacture ten “American Pioneer 220” (AP 220) train sets for the Brightline West high-speed rail project connecting Las Vegas and Southern California, with service expected to commence in … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged AP 220, Brightline, Marc Buncher, Michael Reininger, partnership, Siemens, Siemens Mobility, sustainability, USA, West High-Speed Rail Project
(IN BRIEF) Heidelberg Materials has announced the acquisition of ACE Group, the largest supplier of pulverised fly ash in Malaysia, as part of its strategy to strengthen its presence in Southeast Asia and address the increasing demand for fly ash … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged ACE Group, acquisition, Dr Nicola Kimm, Heidelberg Materials, Malaysia, partnership, Roberto Callieri, Southeast Asia, sustainability
(IN BRIEF) Schneider Electric, a leader in energy management and automation, has forged a three-year partnership with the WageIndicator Foundation to advance its living wage approach. This collaboration aims to make living wage data accessible worldwide, with the Foundation releasing … Read the full press release
(IN BRIEF) Neste, a global leader in sustainable aviation fuel and renewable diesel production, has initiated a collaboration with the Exponential Roadmap Initiative (ERI) to align its climate efforts with the UN Climate Change High-Level Champion’s Race to Zero. This … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Management, News
Tagged Climate Action, Exponential Roadmap Initiative, Johan Falk, Neste, Päivi Makkonen, partnership, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a groundbreaking Digital Transformation Financing Facility (DTFF) with a €25 million loan to Türk Ekonomi Bankası (TEB) in Türkiye, marking its inaugural transaction. Aimed at boosting the digital … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, Technology, Turkey, United Kingdom
Tagged Ali Gokhan Cengiz, Arvid Tuerkner, digital transformation, EBRD, Mehmet Fatih Kacır, partnership, SMEs, sustainability, Türk Ekonomi Bankası, Turkey
(IN BRIEF) Rarebreed Dining, known for its steak-focused pubs including The Plough Inn, Cobham, and The Shurlock Inn, Twyford, has enlisted international real estate advisor Savills to conduct a strategic review of its business and property assets. With sites strategically … Read the full press release
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
