Tag Archives: partnership

Rheinmetall Expands Explosive Ordnance Disposal Capabilities with Acquisition of Stascheit GmbH

(IN BRIEF) Rheinmetall has acquired ammunition detection and disposal firm Stascheit GmbH, making it a wholly owned subsidiary of Rheinmetall Project Solutions GmbH. The move strengthens Rheinmetall’s capabilities in explosive ordnance disposal (EOD) and complements its broader security-focused portfolio. With … Read the full press release

Covestro Introduces PCR Polycarbonates from Discarded Headlamps to Boost Automotive Sustainability

(IN BRIEF) Covestro has launched a new PCR polycarbonate material made from end-of-life vehicle headlamps, certified by TÜV Rheinland and now available for commercial automotive use. Developed in partnership with GIZ, Volkswagen, NIO, and Chinese recycler Ausell, the material supports … Read the full press release

DNV’s Strategic move strengthens capabilities in hydrographic and geophysical surveys, supporting biodiversity and sustainable marine development

(IN BRIEF) DNV has strengthened its marine biodiversity and environmental services through the acquisition of Shoreline Surveys Limited by its subsidiary Ocean Ecology. Shoreline’s expertise in hydrographic and geophysical surveys enhances DNV’s capacity to serve clients across ports, dredging, and … Read the full press release

Eva Lys Named Porsche Brand Ambassador Ahead of Porsche Tennis Grand Prix

(IN BRIEF) Eva Lys, currently Germany’s top-ranked women’s tennis player, has been named a “Friend of the Brand” by Porsche, strengthening her long-standing relationship with the sports car company that has supported her career through its junior tennis programs. She … Read the full press release

GEA Completes €400 Million Share Buyback with Charitable Link to UNICEF and Viva con Agua

(IN BRIEF) GEA has completed its €400 million share buyback program, repurchasing over 9.5 million shares (around 5.53% of its capital) between November 2023 and April 2025. The shares, purchased at an average of €41.98 each, will be cancelled after … Read the full press release

Mutares Strengthens Steyr Motors’ Market Profile with EUR 30.9 Million Share Placement

(IN BRIEF) Mutares SE & Co. KGaA has placed 910,000 shares—about 17% of Steyr Motors AG’s outstanding shares—through an accelerated bookbuilding process, raising EUR 30.9 million. This follows a recent German legislative change to bolster domestic defense, which helped spark … Read the full press release

bp Announces Oil Discovery at Far South Prospect as Gulf of America Becomes Key Growth Area

(IN BRIEF) bp has announced a new oil discovery at the Far South prospect in the deepwater Gulf of America. Located in Green Canyon Block 584, about 120 miles off Louisiana’s coast, the exploration well—drilled to a depth of 23,830 … Read the full press release

Instant SIM Migration Now Available with Pixel 9a as Vodafone Introduces eSIM Transfer Feature

(IN BRIEF) Vodafone Germany has introduced the new eSIM Transfer feature for customers upgrading to the Google Pixel 9a, available from 14 April 2025. Developed in collaboration with Google and based on the GSMA TS43 standard, the feature allows users … Read the full press release

Repsol Begins Power Generation at Antofagasta Phase 1 Wind Farm, Chile’s New Renewable Giant

(IN BRIEF) Repsol has begun power production at Antofagasta Phase 1, its largest wind farm and one of Chile’s most significant renewable energy projects. Located in Taltal, the 364 MW facility required nearly €400 million in investment and will soon … Read the full press release

New EBRD Facility Supports Ukraine’s Energy Security and War Recovery Through Loans and Grants to Businesses and Households

(IN BRIEF) The EBRD has extended a portfolio-risk-sharing facility to Raiffeisen Bank Ukraine to unlock €100 million in investments supporting Ukraine’s energy security. As the fourth Ukrainian bank to join the EBRD’s Energy Security Support Facility, RBU will issue loans … Read the full press release

EBRD Launches Global Tender for New Investor to Drive Growth at Moldova’s Giurgiulesti International Free Port

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has launched an international tender to identify a new investor for Giurgiulesti International Free Port, Moldova’s key maritime asset. In coordination with the Moldovan government, the EBRD aims to attract … Read the full press release

ANDRITZ to Boost Pulp Production at SCA Östrand with Strategic Service Upgrades and SYNERGY Concept

(IN BRIEF) ANDRITZ has been awarded significant service contracts by SCA to enhance the performance of the Östrand pulp mill in northern Sweden. The collaboration includes replacing an economizer in the recovery boiler and deploying the SYNERGY Services concept across … Read the full press release

UK-South Korea Partnership Led by Liverpool Spin-Out to Transform Global Corneal Treatment with AI and Biomechanical Modelling

(IN BRIEF) A University of Liverpool spin-out company, Ocuwell Ltd, is leading an ambitious UK-South Korea collaboration to advance personalised treatment for common corneal conditions like myopia and astigmatism, which affect over 30% of the global population. Supported by £1.4 … Read the full press release

LAB Entreprenør to Lead Major Rehabilitation of Bergen Student Housing Under NOK 146 Million Contract

(IN BRIEF) LAB Entreprenør, part of AF Gruppen, has signed a NOK 146 million contract with the Student Welfare Organization of Vestland (Sammen) to renovate a student housing building in Hatleberg, Bergen. The project involves refurbishing the eight-story AB block, … Read the full press release

Accenture Backs GoUpscale to Modernize Wealth Management Engagement Through AI-Powered Content

(IN BRIEF) Accenture has invested in GoUpscale, a company that helps wealth management firms in Asia modernize client engagement through AI-powered digital content. As the sector aims to double its assets under management by 2026, relationship managers will be key … Read the full press release

Ahlstrom Scales Up Global Filtration Capabilities with Unified Quality and Regional Responsiveness

(IN BRIEF) Ahlstrom, a leader in fiber-based specialty materials, is advancing its global capabilities in filtration with 15 strategically located manufacturing sites across North America, Europe, and Asia. By ensuring uniform quality in filtration materials across all regions, the company … Read the full press release

Thales Expands NATO Partnership with Ballistic Missile Defence Capabilities for Enhanced Joint Operational Awareness

(IN BRIEF) NATO has selected Thales to lead the third phase of its NCOP (NATO Common Operational Picture) programme, called NCOP-BMD, which will introduce advanced ballistic missile defence capabilities. Building on a collaboration that began in 2012, this phase extends … Read the full press release

Eni and KKR Finalize Deal; KKR Boosts Enilive Stake to 30% with €601 Million Transaction

(IN BRIEF) Eni and KKR have completed the agreed transaction, with KKR purchasing additional Enilive shares from Eni for about 601 million euros to acquire a further 5% stake, bringing its total shareholding in Enilive to 30%. The deal sets … Read the full press release

EIB and EIF Unveil €3.6 Billion Financing Package to Boost Clean Transport, Energy, and Automotive Innovation

(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have approved new financing initiatives aimed at bolstering clean transport, energy, and innovation projects, as well as enhancing water and sanitation infrastructure in Africa with a total … Read the full press release