(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested $40 million in Georgia Global Utilities’ (GGU) second green Eurobond issuance, which totals $300 million. This funding aims to improve Tbilisi’s water infrastructure. The issuance is also backed … Read the full press release
(IN BRIEF) NatWest Group has announced the acquisition of a £2.5 billion portfolio of prime residential mortgages from Metro Bank, which will add around 10,000 new customer accounts to NatWest. These accounts will continue to be serviced by Metro Bank … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged acquisition, Metro Bank, NatWest Group, partnership, Paul Thwaite, sustainability
(IN BRIEF) The Golubinja tunnel, the longest road tunnel in Bosnia and Herzegovina at 3.6 kilometers, has reached a significant milestone with the breakthrough of its left stretch. Part of the Poprikuše – Nemila motorway on the Pan-European Corridor Vc, … Read the full press release
Posted in Banks, Bosnia and Herzegovina, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Adebayo Babajide, Andrijana Katić, Asim Cengiz, Bosnia and Herzegovina, construction, Denis Lasić, EIB, Golubinja tunnel, Longest Road Tunnel, partnership, Prime Minister Nermin Nikšić, Sandrine Friscia, sustainability
(IN BRIEF) Gasum, a leading Nordic energy company, has ceased all LNG purchases from Russia following the EU’s 14th sanctions package, which prohibits the import of Russian LNG through EU terminals not connected to the EU gas network. Effective from … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Finland, Government, Industrial, Investment, Law, Management, News, Politics, Russia
Tagged EU Sanctions, Gasum, LNG Purchases, partnership, RUSSIA, sustainability
(IN BRIEF) Symrise has launched a Digital Immersion Co-Creation Center in Singapore, starting operations in Q3 2024. This high-tech facility integrates digital technology with market, consumer, and sensory insights to drive innovation in food and beverage development. The center features … Read the full press release
(IN BRIEF) Juwi GmbH has sold a 267 MW photovoltaic portfolio in Greece to Foresight and Mirova, marking the largest project in its history. Juwi will serve as the EPC and O&M contractor, with construction starting in August 2024. This … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Germany, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged acquisition, Diomidis Dorkofikis, foresight, Greece, Helene Dimitracopoulos, Juwi GmbH, Mirova, partnership, PV Portfolio, Stephan Hansen, sustainability, Takis Sarris
(IN BRIEF) INEOS Inovyn, Europe’s leading PVC producer, is partnering with Daimler to trial the Mercedes-Benz GenH2 hydrogen trucks, aiming to enhance heavy-duty transport’s sustainability. Over the next 12 months, INEOS will make around 250 deliveries using these trucks in … Read the full press release
Posted in Belgium, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, Netherlands, News, Technology, Transportation & Logistics, United Kingdom
Tagged Belgium, Daimler Trucks, Germany, INEOS, INEOS Inovyn, Mercedes-Benz GenH2 hydrogen trucks, partnership, sustainability, the Netherlands, Wouter Bleukx, Zero-Emission Transport
(IN BRIEF) BBVA has been named the World’s Best Corporate Bank 2024 by Global Finance magazine, marking the fourth time and second consecutive year it has received this honor. The award recognizes BBVA’s strong performance, reputation, and management excellence. BBVA … Read the full press release
Posted in Awards, Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Spain, Technology
Tagged Awards, BBVA, Financial, Global Finance magazine, INNOVATION, investment, Joseph D. Giarraputo, Outstanding Performance, sustainability, World's Best Corporate Bank 2024
(IN BRIEF) At the Farnborough Airshow, MTU Aero Engines secured approximately $800 million in orders, highlighting the strong demand for Pratt & Whitney’s GTF engines for the A320neo and GE9X engines for the Boeing 777X. Major orders included Avolon’s purchase … Read the full press release
Posted in Aviation & Aerospace, Business, Entertainment, Environment, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Technology, United Kingdom
Tagged Airbus, Boeing 777-9 aircraft, EVA Air, Farnborough Airshow, IAG, Japan Airlines, MTU Aero Engines, partnership, Qatar Airways, sustainability
(IN BRIEF) Bosch and Ducati have co-developed a new electronic Combined Brake System (eCBS) designed for racetrack performance, which will debut on the new Ducati Panigale V4 at World Ducati Week 2024. The advanced eCBS technology, which integrates data from … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Italy, Management, News, Technology, Transportation & Logistics
Tagged Alessandro Valia, Bosch, Ducati, Ducati Panigale V4, electronic Combined Brake System (eCBS), Fevzi Yildirim, partnership, performance, Racetrack Excellence, safety, sustainability, World Ducati Week 2024
(IN BRIEF) PETRONAS, Enilive, and Euglena have made a final investment decision to develop a biorefinery at PETRONAS’ Pengerang Integrated Complex in Johor, Malaysia. Set to be operational by the second half of 2028, the biorefinery will produce Sustainable Aviation … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Ahmad Adly Alias, biofuel production, biorefinery, Eni, Enilive, Euglena, investment, Japan, Malaysia, Mitsuru Izumo, partnership, PETRONAS, Renewable Diesel/Hydrogenated Vegetable Oil (HVO), Stefano Ballista, sustainability, sustainable aviation fuel (SAF)
(IN BRIEF) The European Investment Bank (EIB) has provided a €430 million loan to Adif Alta Velocidad (Adif AV) for the construction of the “Y vasca” high-speed rail line connecting Vitoria/Gasteiz, Bilbao, and Donostia/San Sebastián in Spain’s Basque Country. This … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Technology
Tagged Adif Alta Velocidad (Adif AV), Basque, EIB, High-Speed Rail Project, partnership, Ricardo Mourinho Félix, Spain, sustainability, Trans-European Transport Network (TEN-T), Y vasca
(IN BRIEF) BEW Berliner Energie und Wärme AG has renewed its partnership with Landis+Gyr for another four years, extending their 20-year collaboration. Landis+Gyr will supply ultrasonic heat meters, specifically the T550 (UH50) model, chosen through a Europe-wide tender. The T550 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged BEW Berliner Energie, Germany, Heat Meter Supply, Johannes M. Koch, Landis+Gyr, partnership, sustainability, Switzerland, Theresa Matthes, Wärme AG
(IN BRIEF) Unilever has sold its stake in Qinyuan Group, known for water purification solutions in China, to Yong Chao Venture Capital Co., Ltd. This move is part of Unilever’s Growth Action Plan to focus on higher-growth areas. Eduardo Campanella, … Read the full press release
Posted in Business, Commodities, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Retail, United Kingdom
Tagged acquisition, CHINA, Eduardo Campanella, Mr. Ye Jianrong, partnership, Qinyuan Group, sustainability, Unilever, Yong Chao Venture Capital Co. Ltd.
(IN BRIEF) TotalEnergies and Casino Group have renewed their 20-year strategic partnership to supply over 1,000 service stations in France, effective October 1, 2024, for five years. The agreement involves Casino providing food products and essential items to TotalEnergies stations, … Read the full press release
(IN BRIEF) Art collective De Strakke Hand has finished a unique mural on Eneco’s new heat buffer in Rijnsweerd, Utrecht. Inspired by a 19th-century watercolour by J.W. Wisselingh, the design was selected with input from local residents to help the … Read the full press release
(IN BRIEF) Kübler Schwertransporte is transporting a decommissioned 350-tonne submarine, U17, to the Sinsheim Museum of Technology. The journey involves moving the submarine along waterways and roads using a 30-axle platform trailer pulled by a MAN TGX 41.680 8×6 truck. … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and Greece’s four systemic banks—Alpha Bank, National Bank of Greece, Eurobank, and Piraeus—have introduced a €700 million guarantee programme to support mid-cap businesses. This initiative aims to facilitate €1.4 billion in new financing … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Luxembourg, News, Small Business
Tagged Alpha Bank, EIB, Eurobank, Greece, Mid-Caps, National Bank of Greece, Panagiotis Lymperopoulos, partnership, Piraeus, SMEs, sustainability, Theodore Tzouros, Vassilis Karamouzis, Yannis Emiris, Yannis Tsakiris
(IN BRIEF) The European Investment Bank (EIB) has signed a €450 million finance contract with Prysmian to enhance electricity transmission and distribution in Europe, focusing on renewable energy and offshore wind. The funds will be used to manufacture extra-high-voltage submarine … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has provided a €390 million loan to Greek energy supplier DEPA Commercial SA to build and operate solar-energy farms in Greece. This loan supports DEPA’s €500 million renewable energy investment plans, with new … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged DEPA Commercial, EIB, Greece, Ioannis Papadopoulos, Ioannis Tsakiris, Konstantinos Xifaras, Kostis Hatzidakis, Large-Scale Solar Projects, partnership, sustainability, Theodoros Skylakakis
(IN BRIEF) DNV has supported the European Commission in updating guidance documents on geological carbon storage (CCS) under the CCS Directive to streamline permitting procedures and enhance sustainable CO2 storage in the European Economic Area (EEA). The updates integrate the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Norway
Tagged carbon capture, DNV, European Commission, Jamie Burrows, Netherland, Norway, partnership, Prajeev Rasiah, Storage Guidance Documents, sustainability
(IN BRIEF) Continental is set to significantly expand its spare and wearable parts business at Automechanika Frankfurt 2024, focusing on sustainability and advanced driver assistance systems. The company will introduce multi V-belts made from renewable materials and a high-performance tire … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Automechanika Frankfurt 2024, Continental, Enno Straten, partnership, Product Range, sustainability
(IN BRIEF) British Gas is set to hire and train 300 new apprentices to enhance its customer-facing teams and support the UK’s net zero ambitions. The initiative focuses on engineering and customer service roles, with a commitment to diversity and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Andy Prendergast, apprenticeship, British Gas, Centrica, Chris O’Shea, Diversity And Inclusion, Donna Rowe-Merriman, Isaura Johnson, Minister Fahnbulleh, net zero goals, partnership, sustainability, training
(IN BRIEF) Amey has launched the Planet+ initiative, a six-point framework designed to simplify and elevate sustainable behaviours among employees. This initiative supports Amey’s ESG strategy and aims to make sustainable choices more accessible, contributing to the company’s environmental goals, … Read the full press release
Posted in Business, Environment, Industrial, Infrastructure & Utilities, Management, News, United Kingdom
Tagged Amey, Andy Milner, Employees, partnership, Planet, sustainability
(IN BRIEF) Merck has signed an MoU with Gene Therapy Research Institution Co., Ltd. (GTRI) to support the production of gene therapy for Parkinson’s Disease using Merck’s Sf-RVN® Insect Cell Line platform. This collaboration aims to enhance the manufacturing process … Read the full press release
Posted in Business, Education, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Gene Therapy Production, Gene Therapy Research Institution Co. Ltd. (GTRI), Isao Hatano, Japan, Merck, Parkinson's disease, partnership, sustainability
(IN BRIEF) GKN Aerospace Engines Repair Solutions has expanded its global repair network, adding Leap-1A and Leap-1B Fan Blade repairs to its capabilities and attracting over 30 new customers in 2024. The Johor facility in Malaysia has delivered its 10,000th … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged Engines Repair Solutions, Gerard Coste, GKN Aerospace, Malaysia, partnership, sustainability, USA
(IN BRIEF) GKN Aerospace has committed £4 million to the Airbus-led Sustainable Wing Solutions (SusWingS) programme, a £15 million initiative focused on developing high-performance wing technologies and environmentally conscious manufacturing processes. This partnership, which includes Cranfield University and the University … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, France, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged Airbus, France, GKN Aerospace, investment, John Pritchard, partnership, sustainability, Sustainable Wing Solutions (SusWingS) R&T Programme
(IN BRIEF) Alstom has strengthened its rail capabilities in Türkiye by acquiring Duray Ulasim Sistemleri in Bursa and establishing an Advanced Industrial Center. The new facility, which employs over 200 people, will produce critical rail components and support Alstom’s global … Read the full press release
Posted in Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, Turkey
Tagged acquisition, Africa, Alstom, Bursa, Central Asia, Kerem Bugay, Middle East, Nazlı Zengin, partnership, rail systems, sustainability, Türkiye
(IN BRIEF) Alstom has secured a €4 billion contract to supply and maintain 90 Adessia Stream trains for Germany’s S-Bahn Cologne network. This contract includes a 34-year maintenance agreement and is Alstom’s largest order in Germany. The innovative and accessible … Read the full press release
Posted in Business, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Adessia Stream Trains, Alstom, Germany, Harald Reissner, Michael Vogel, Müslüm Yakisan, Oliver Wittke, partnership, S-Bahn Cologne Network, sustainability
(IN BRIEF) Yara and ATOME PLC have signed a Heads of Terms agreement for the long-term supply of Calcium Ammonium Nitrate from ATOME’s renewable fertilizer production facility in Villeta, Paraguay. This partnership will help decarbonize the fertilizer sector and support … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Government, Industrial, Investment, Management, News, Norway
Tagged ATOME PLC, Chrystel Monthean, Olivier Mussat, Paraguay, partnership, Renewable Fertilizer Project, sustainability, Yara
(IN BRIEF) ANDRITZ has been selected to perform the front-end engineering design (FEED) for a large-scale carbon capture unit at Westenergy’s waste-to-energy plant in Finland. The project, ordered by ECCU Ltd, aims to capture all CO2 emissions from the plant’s … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Andritz, FEED of Major Carbon Capture Unit, Finland, Harald Reissner, Olli Alhoniemi, partnership, sustainability, waste-to-energy plant, Westenergy
(IN BRIEF) Telefónica, in collaboration with Warpcom, Fortinet, and Quantum XChange, has introduced a quantum security solution designed to protect against sophisticated quantum cyberattacks. The solution, ready for global production environment testing, ensures robust, adaptable protection across various network infrastructures. … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Spain, Technology, Telecom
Tagged Bruno Gonçalves, Carl Windsor, cyberattacks, Eddy Zervigon, Fortinet, Iberia, partnership, Patricia Díez Muñoz, Quantum Cybersecurity, Quantum XChange, SECURITY, sustainability, Telefonica, Warpcom
(IN BRIEF) BASF’s NovaFlex GlareControl optical film has been incorporated into Panasonic’s “SHIYUE” study luminaire, achieving the highest performance level for anti-glare properties as set by the China Quality Certification Center. This partnership highlights BASF’s entry into the Asian market … Read the full press release
(IN BRIEF) At the Farnborough International Airshow 2024, Oerlikon and MTU Aero Engines announced the next phase of their collaboration to create a cutting-edge thermal spray factory. The initiative aims for 100% digital traceability, real-time monitoring through digital twins, and … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, United Kingdom
Tagged Farnborough International Airshow 2024, Germany, Markus Zeis, MTU Aero Engines, Oerlikon, partnership, smart factory, sustainability, Switzerland, Toby Middlemiss, UK
(IN BRIEF) Mercedes-Benz Special Trucks and Mörtlbauer have unveiled two hydrogen combustion engine prototypes developed under the “WaVe” project. The Unimog and crawler vehicles have undergone extensive testing, demonstrating the practicality and low emissions of hydrogen combustion engines. The project, … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Armin Mörtlbauer, crawler, Daimler, Franziska Cusumano, Hydrogen Combustion Engine Prototypes, Mercedes-Benz Special Trucks, Mörtlbauer Baumaschinen Vertriebs GmbH, partnership, sustainability, Unimog
(IN BRIEF) MAHLE emphasizes technological diversity to accelerate decarbonization in the transportation sector. The company showcases its expertise in battery electric drives, hydrogen engines, fuel cells, and renewable fuels, with significant contributions to commercial vehicles globally. At the IAA Transportation … Read the full press release
(IN BRIEF) Schroders Greencoat has acquired a UK-based solar portfolio from METLEN Energy & Metals, strengthening its position as the largest manager of ground mount solar farms in the UK, with a total capacity of 1.9 GWp. The portfolio includes … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged acquisition, Greece, Lee Moscovitch, METLEN Energy & Metals, partnership, Schroders, Schroders Greencoat, solar energy, sustainability, UK
(IN BRIEF) A study led by the Scottish Association for Marine Science (SAMS) has discovered that oxygen can be produced in complete darkness at the seafloor, challenging the traditional understanding that oxygen production is solely through photosynthesis. This finding, published … Read the full press release
Posted in Business, Education, Environment, Financial, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged 'Dark Oxygen', Pacific Ocean, Prof Nicholas Owens, Prof. Andrew Sweetman, SAMS, sustainability
(IN BRIEF) A study by the Swiss Academy of Engineering Sciences (SATW), co-authored by Empa researcher Gerrit Kuhlmann, highlights how artificial intelligence (AI) and satellite-based earth observations can help reduce the impact of climate change in Switzerland. The study suggests … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Industrial, Investment, Management, News, Science, Switzerland, Technology
Tagged AI, climate change, Empa, Gerrit Kuhlmann, SATW Study, sustainability, Switzerland
(IN BRIEF) SGS has awarded OrionStar Robotics with China’s first ISO/IEC 42001 certification for Artificial Intelligence Management Systems. This certification highlights OrionStar’s leadership in AI management, adherence to best practices, and commitment to data privacy and sustainability. The certification ceremony … Read the full press release
Posted in Artificial Intelligence (AI), Awards, Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Investment, Management, Media, News, Security & Safety, Switzerland, Technology
Tagged AI Management Certification, Awards, CHINA, OrionStar Robotics, partnership, sustainability
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
