(IN BRIEF) A new report by DNV reveals that a majority of maritime professionals (61%) are willing to accept greater cyber risks to enable innovation and digital transformation. With growing reliance on technologies like AI, IoT, and satellite communications, cyber … Read the full press release
Posted in Artificial Intelligence (AI), Business, Defence, Financial, Industrial, Internet & Online, Investment, Management, News, Norway, Security & Safety, Technology, Transportation & Logistics
Tagged cyber risk, Cybersecurity, DNV, INNOVATION, Knut Ørbeck-Nilssen, Maritime Sector, partnership, SECURITY, Svante Einarsson
(IN BRIEF) The European Investment Fund (EIF) has committed €90 million to three venture capital funds focused on accelerating the growth of tech start-ups in Portugal’s deep tech and cybersecurity sectors. This investment, announced at the 2024 Web Summit in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Portugal, Security & Safety, Small Business, Technology
Tagged 33N Cybersecurity and Infrastructure Software Fund, Armilar Venture Partners IV, Cybersecurity, EIF, Faber Tech III, investment, Marjut Falkstedt, partnership, Pedro Reis, PORTUGAL, SECURITY, SMEs, sustainability, Tech Start-ups
(IN BRIEF) At COP29, the European Investment Bank (EIB) announced a €150 million investment to support Côte d’Ivoire’s forest preservation, rehabilitation, and expansion efforts. This funding aligns with President Alassane Ouattara’s Abidjan Legacy programme, which targets deforestation, land restoration, and … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Africa, Ambroise Fayolle, Cote d’Ivoire, EIB, forest conservation, investment, partnership, President Alassane Ouattara, restoration, sustainability
(IN BRIEF) The Nordex Group has secured an order to supply 19 N163/5.X turbines for a wind farm in Québec, Canada. These turbines, designed for cold climates, will be mounted on 125-meter-high steel towers and are scheduled for delivery in … Read the full press release
(IN BRIEF) GEA has supplied six advanced biosolids Decanter prime 8000 dewatering units to Egypt’s West Delta Wastewater Treatment Plant, the world’s largest facility of its kind. Located near Cairo, the plant treats up to 7.5 million cubic meters of … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Decanter Technology, EGYPT, energy-efficient, GEA, H.E. Hani Sewilan, Karim Youssef, partnership, Sunil Kumar, sustainability, Wastewater Treatment Facility
(IN BRIEF) GFT Technologies has partnered with NVIDIA to introduce advanced AI solutions to the financial services and manufacturing industries. This collaboration will use NVIDIA’s AI software and computing tools along with GFT’s industry expertise to develop applications like digital … Read the full press release
Posted in Artificial Intelligence (AI), Business, Economy, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged AI, BANKING, GFT, Ignasi Barri, Manufacturing, Marco Santos, NVIDIA, partnership, USA
(IN BRIEF) DHL Express has appointed Abdulaziz Busbate as CEO of its Middle East and North Africa (MENA) operations, effective January 1, 2025. With 24 years at DHL, Busbate brings extensive experience, having led operations in both Saudi Arabia and … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has provided a PLN 900 million loan to ORLEN Group for upgrades to Energa’s power grid, marking the first part of a PLN 3.5 billion funding initiative aimed at improving Poland’s energy infrastructure. … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Poland
Tagged EIB, Energa, energy security, Ireneusz Fąfara, Magdalena Bartoś, ORLEN, partnership, Poland, Renewable Energy Grid, sustainability, Teresa Czerwinska
(IN BRIEF) Siemens’ Industrial Copilot, the first generative AI assistant designed for industrial engineering, has expanded its capabilities, gaining thyssenkrupp Automation Engineering as a global customer. New features include multimodal inputs, agent-based automation, and an on-premises solution to ensure data … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged AI-powered, Dr. Rolf-Günther Nieberding, engineering, Manufacturing, partnership, Rainer Brehm, Siemens, Siemens' Industrial Copilot, thyssenkrupp Automation Engineering
(IN BRIEF) MDC has completed the acquisition of Lighteum, a leader in nitinol-based medical component manufacturing, expanding its capabilities in the medical device industry. The acquisition combines MDC’s expertise in platinum group metals and micromachining with Lighteum’s advanced nitinol processing … Read the full press release
Posted in Business, Financial, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, Science, Technology, United Kingdom
Tagged acquisition, Adrien Sassi, Don Freeman, Healthcare, INNOVATION, leadership, Lighteum, Lorie Lodico IV, MDC, Medical Device Manufacturing, Montagu, partnership
(IN BRIEF) New Holland Construction is supporting Denmark’s sustainability goals by providing electric mini excavators to Roskilde Technical School. These zero-emission machines are used by students in landscaping and construction projects, helping them gain the skills needed for future eco-friendly … Read the full press release
Posted in Business, Construction, Denmark, Education, Electronics & Machinery, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged Claus Egede Cornelius, CNH Industrial, Denmark, Electric Mini Excavators, New Holland Construction, partnership, Roskilde Technical School, sustainability
(IN BRIEF) Morrisons has completed the acquisition of 36 convenience stores in Jersey, Guernsey, and Alderney from SandpiperCI. The company will rebrand most of the stores to the Morrisons format, investing over £7 million in the conversion and store improvements. … Read the full press release
Posted in Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, Marketing, News, Retail, United Kingdom
Tagged acquisition, Alderney, Channel Islands, Guernsey, investment, jersey, Joseph Sutton, Morrisons, partnership, Rami Baitiéh, Rebranding
(IN BRIEF) Iberdrola España has obtained the environmental permit for its first wind farm repowering project in Castilla-La Mancha, which includes upgrading the Molar de Molinar wind farm and another site in the region. The repowering will reduce the number … Read the full press release
(IN BRIEF) SIX Group has reached an agreement to acquire Aquis Exchange in a cash offer valued at 727 pence per share. The acquisition, which will enhance SIX’s European exchange capabilities, combines Aquis’s next-generation technology with SIX’s existing trading, data, … Read the full press release
Posted in Business, Economy, Financial, Government, Industrial, International Trade, Investment, Management, News, Small Business, Switzerland, United Kingdom
Tagged acquisition, Alasdair Haynes, Aquis Exchange, Bjørn Sibbern, European exchange, investment, partnership, SIX Group, SMEs, UK
(IN BRIEF) EnBW is set to build a large-scale battery storage facility in Marbach, southern Germany, with a capacity of 100 megawatt-hours and an output of 100 megawatts, enough to power around 12,500 households for one day. The facility will … Read the full press release
(IN BRIEF) Kuehne+Nagel and Azul Linhas Aéreas have partnered to support Amazonian riverside communities by connecting small producers and cooperatives to national and international markets. This initiative is part of the ARA Movement – All Amazons Under the Same Blue … Read the full press release
(IN BRIEF) Kayana Solutions Inc. has partnered with Accenture to create a digital factory aimed at boosting digital product development for the MVP Group. The collaboration seeks to deliver personalized experiences for Filipino consumers and businesses by combining Accenture’s expertise … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, Marketing, News, Technology
Tagged Accenture, Ambe Tierro, Digital Factory, Flaviano Faleiro, INNOVATION, Kayana Solutions, Manny V. Pangilinan, partnership, PHILIPPINES
(IN BRIEF) Telefónica has committed €3 million through its Foundation to support those impacted by the recent DANA-related floods in Spain. In collaboration with local authorities and NGOs like the Red Cross, Telefónica mobilized teams to assist in relief and … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Management, Media, News, Non Profit, Spain, Telecom
Tagged DANA, donation, Flood-Affected Areas, partnership, recovery, Red Cross, Spain, Telefonica, Telefónica Foundation, Volunteer Support
(IN BRIEF) The SIRIUS Conference 2024, hosted from November 5-7, brought together law enforcement, judicial authorities, policymakers, and service providers to discuss challenges and solutions in cross-border electronic evidence access. Organized by Europol and Eurojust, the conference covered topics like … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) and Lithuania’s national development institution, UAB ILTE, are investing €191.6 million to support private credit funds, providing alternative financing for Lithuanian businesses. With equal contributions of €95.8 million each, the partnership aims to … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Lithuania, Luxembourg, Management, News, Small Business
Tagged Business Financing, Dainius Vilčinskas, EIF, investment, Lithuania, Marjut Falkstedt, partnership, Private Credit Funds, SMEs, sustainability, UAB ILTE
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