(IN BRIEF) Vodafone and Nokia have concluded a successful three-month Open RAN trial in the Alpine towns of Arcisate and Sernio, Italy, leveraging a live 5G standalone (5G SA) test network. The trial showcased impressive results, achieving gigabit download speeds … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology, Telecom, United Kingdom
Tagged Finland, Mark Atkinson, Nokia, Northern Italy, Open RAN Trial, partnership, Santiago Tenorio, sustainability, vodafone
(IN BRIEF) The Fraunhofer-Gesellschaft initiates a groundbreaking project in Münster, Germany, by commissioning a research factory for battery cells, set to bolster the region’s electromobility sector. Partnering with Siemens AG, the project aims to revolutionize battery production, positioning “Made in … Read the full press release
(IN BRIEF) Iberdrola Deutschland and Salzgitter Flachstahl GmbH, a subsidiary of Salzgitter AG, have entered a 15-year power purchase agreement (PPA) to drive low-CO2 steel production and support industry decarbonization. Commencing in 2025, Iberdrola will supply over 900 GWh of … Read the full press release
(IN BRIEF) INEOS Nitriles announces the world’s first sales of INVIREO™, a groundbreaking bio-based Acrylonitrile, essential for carbon fibre production and water purification. Produced through a certified mass balance route, INVIREO™ offers a remarkable 90% reduction in carbon footprint compared … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Bio-based Acrylonitrile Production, Gordon Adams, INEOS, INVIREO™, Nitriles, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing up to €28.45 million to upgrade key infrastructure and develop sustainable transportation solutions for Tajikistan’s capital, Dushanbe. This project marks the third initiative under the Dushanbe Green City … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged EBRD, Odile Renaud-Basso, partnership, sustainability, Tajikistan, Transport Solutions
(IN BRIEF) During the World Circular Economy Forum (WCEF) 2024 in Brussels, leading multilateral development banks (MDBs), including the European Bank for Reconstruction and Development (EBRD), presented their shared vision on the role of MDBs in supporting the circular economy. … Read the full press release
Posted in Banks, Belgium, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, Media, News, United Kingdom
Tagged Circular Economy Vision, EBRD, economy, Gianpiero Nacci, Multilateral Development Banks, partnership, sustainability, WCEF 2024
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Swiss government are teaming up to provide €2.7 million towards the completion of vital water projects in Fayzobod, Tajikistan. This financial package will support upgrades to water supply … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, United Kingdom
Tagged EBRD, investment, Odile Renaud-Basso, partnership, sustainability, Swiss Government, Switzerland, Tajikistan, water infrastructure
(IN BRIEF) LANXESS is set to showcase its latest advancements in water treatment and recycling technologies at IFAT 2024 in Munich, from May 13 to 17, 2024. The company will spotlight solutions for PFAS removal, battery recycling, and PEM electrolysis … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged IFAT 2024, innovative solutions, LANXESS, Michael Rockel, recycling, sustainability, water treatment
(IN BRIEF) Bayer and Evotec have updated their strategic collaboration to focus on developing precision treatments for cardiovascular diseases (CVDs). Leveraging Evotec’s expertise in disease modelling using human induced pluripotent stem cells (iPSCs), the collaboration aims to identify and validate … Read the full press release
Posted in Business, Education, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Bayer, Cardiovascular Therapies, Dr Cord Dohrmann, Dr. Christian Rommel, Evotec, Juergen Eckhardt, partnership, sustainability
(IN BRIEF) Vonovia SE, based in Bochum, Germany, began the year with robust operating results, marking a positive start to 2024. The company’s core segment, Rental, saw a notable increase in its EBITDA contribution, reaching €592.9 million during the first … Read the full press release
Posted in Business, Economy, Environment, Financial, Germany, Industrial, Investment, Management, News, Real Estate
Tagged Financial, investment, Philip Grosse, Rolf Buch, sustainability, Vonovia SE
(IN BRIEF) Uniper, a prominent energy company, has released its eighth Sustainability Report and its inaugural Climate Transition Plan, signifying a pivotal shift towards sustainability. The Climate Transition Plan outlines Uniper’s trajectory towards achieving carbon neutrality by 2040, ten years … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Management, News
Tagged Human Rights Commitment, sustainability, Uniper
(IN BRIEF) Kapsch TrafficCom has been awarded a contract by the Swiss Federal Office for Customs and Border Security (BAZG) to provide and manage the heavy goods vehicle (HGV) road fee collection system until at least the end of 2032. … Read the full press release
(IN BRIEF) Rheinmetall, in collaboration with the municipality of Nörvenich and Westenergie AG, has initiated a pilot project to trial curb chargers on public roads in Nörvenich. This project aims to integrate Rheinmetall’s curb chargers into the municipality’s infrastructure, providing … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Christoph MÜLLER, Dr. Stefan Küppers, Dr. Timo Czech, Innovative Curb Charger Pilot Project, Nörvenich, partnership, Rheinmetall, sustainability, Westenergie AG
(IN BRIEF) FUCHS SE has begun the financial year 2024 with positive results, despite a 6% decrease in sales revenues to EUR 877 million, attributed to price adjustments and negative currency effects. However, the company saw a 4% increase in … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged Financial, FUCHS SE, investment, Stefan Fuchs, sustainability
(IN BRIEF) EVBox, a global leader in electric vehicle (EV) charging solutions, has unveiled its Impact Report 2023, showcasing the company’s dedication to sustainability and responsible business practices. The report highlights EVBox’s progress throughout 2023, emphasizing its commitment to environmental, … Read the full press release
Posted in Automotive, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Transportation & Logistics
Tagged EVBox, Financial, investment, Remco Samuels, sustainability
(IN BRIEF) Renewable energy company Drax has selected international technology group ANDRITZ as the main contractor for the upgrade of its Cruachan pumped storage power plant in Scotland. The project entails the installation of two new generating units, including pump … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Andritz, Cruachan Pumped Storage Plant, Dominik Fust, Drax, partnership, Penny Small, Renewable Energy Capacity, sustainability, UK
(IN BRIEF) International technology group ANDRITZ has completed the upgrade of the combustion system on a through-air drying (TAD) tissue machine at Essity’s paper mill in Prudhoe, marking the third such upgrade for the global hygiene and health company. The … Read the full press release
Posted in Austria, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Andritz, Essity, Gianni Pellini, Lee Mc Donald, paper mill, partnership, Prudhoe, sustainability, Sweden
(IN BRIEF) Eurex, on April 29, 2024, introduced a new Green Bond Basket within its GC Pooling segment, aimed at enhancing liquidity and efficiency in the European repo market for green bonds. This addition expands upon the existing three Green … Read the full press release
(IN BRIEF) Last Friday, NMB Bank Plc celebrated the listing of its dual-currency sustainability bond, named the NMB Jamii bond, on the Luxembourg Stock Exchange (LuxSE). The bond, showcased on the Luxembourg Green Exchange (LGX), raised approximately USD 157 million … Read the full press release
(IN BRIEF) Ørsted, a global leader in renewable energy, is divesting its French onshore operations to ENGIE as part of its strategic realignment towards key European markets for onshore renewables. The share purchase agreement includes the sale of OSTWIND International … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged ENGIE, France, Kieran White, onshore renewables, partnership, sustainability, Ørsted
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending an additional loan of US$25 million in Turkish lira to Bunge Gıda to support their working capital needs while expanding training opportunities for women olive farmers in Turkey. … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Turkey, United Kingdom
Tagged Bunge Gıda, EBRD, Empower Women Farmers, Olive Sector, partnership, sustainability, Turkey
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is bolstering Mongolia’s healthcare sector with a $43.2 million sovereign loan and a €5 million capital grant to the Government of Mongolia for the construction of a modern 250-bed hospital … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged EBRD, investment, Mongolia, partnership, sustainability, Sustainable Healthcare
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has acquired an indirect minority stake in the renowned Polish cosmetics brand Bielenda through a €33.9 million investment in its holding company, Innova Central Holding SCA, alongside private equity fund … Read the full press release
Posted in Apparel, Fashion & Beauty, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Poland, United Kingdom
Tagged acquisitions, Bielenda, EBRD, Elisabetta Falcetti, Innova Capital, Leszek Muzyczyszyn, Marek Bielenda, partnership, Poland, sustainability, Tamas Nagy
(IN BRIEF) Stora Enso’s Skutskär biomaterials production site in Sweden, known for its sustainable practices, has embarked on a groundbreaking pilot project aimed at capturing biogenic CO2 emissions from pulp production, marking a significant step towards climate-positive operations. With a … Read the full press release
Posted in Business, Construction, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Biogenic CO2 Capture, Christer Nordstrand, Climate-Positive Operations, partnership, Skutskär Site, Stora Enso, sustainability
(IN BRIEF) Husqvarna Group, a leading provider of outdoor power products, has achieved a remarkable milestone by halving its absolute CO2 emissions compared to the 2015 baseline year, surpassing its sustainability targets. Despite a significant increase in sales by 47%, … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged Calle Medin, CO2 emissions, Husqvarna Group, sustainability
(IN BRIEF) SSAB and Nordec have entered into a crucial agreement aimed at streamlining the supply chain for fossil-free steel, a significant step towards achieving SSAB’s goal of delivering fossil-free steel to the market by 2026. The collaboration entails SSAB … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Sweden, Technology
Tagged Finland, fossil-free, Kalle Luoto, Lotta Ruottinen, Nordec, partnership, SSAB, Steel Supply Chain, sustainability
(IN BRIEF) The Lenzing Group announces the Lenzing Young Scientist Award at the Dornbirn Global Fiber Congress (GFC) from September 11 to 13, 2024, aimed at bachelor and master students focusing on ecological challenges in the fiber and textile industry. … Read the full press release
Posted in Austria, Awards, Business, Environment, Industrial, Management, Media, News, Science, Technology
Tagged Awards, fiber, Gert Kroner, INNOVATION, Lenzing Group, sustainability, textile industry, Young Scientist Award
(IN BRIEF) Alstom was honored with the 2024 Hydrogen Mobility Award at the 2024 Canadian Hydrogen Convention Award gala for its groundbreaking achievement of commissioning the first hydrogen train in the Americas. The Coradia iLint, Alstom’s hydrogen-powered train, carried over … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Technology, Transportation & Logistics
Tagged 2024 Hydrogen Mobility Award, Alstom, Awards, CANADA, Canadian Hydrogen Convention, Coradia iLint, Michael Keroullé, partnership, sustainability
(IN BRIEF) Alstom’s Innovation Station in Stockholm has initiated a pioneering two-year collaboration with Tåg i Bergslagen (TiB), a train operator in Sweden’s Bergslagen area, focusing on advancing railway technology. This unique partnership aims to develop innovative solutions to enhance … Read the full press release
Posted in Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Transportation & Logistics
Tagged Alstom, Innovation Station, Maria Signal Martebo, partnership, Stockholm, sustainability, Tåg i Bergslagen (TiB)
(IN BRIEF) Alstom’s industrial site in Catalonia welcomed Spanish Minister of Transport and Sustainable Mobility, Oscar Puente, and Renfe President, Raül Blanco, for a tour showcasing the innovative manufacturing process for the 201 new Coradia high-capacity commuter trains being produced … Read the full press release
Posted in Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, Transportation & Logistics
Tagged Alstom, High-Capacity Commuter Trains, Leopoldo Maestu, Oscar Puente, partnership, Raül Blanco, Renfe, Spain, sustainability
(IN BRIEF) Evonik has enhanced its capabilities for RESOMER® powder biomaterials at its Darmstadt site in Germany with the implementation of advanced solvent-free micronization technology. This innovation allows for the production of customized powders with varied particle sizes and material … Read the full press release
(IN BRIEF) Energiekontor AG, a prominent German project developer and operator of wind and solar parks, has achieved the financial close stage of the Oederquart repowering wind park project in Lower Saxony’s district of Stade. The project, now poised for … Read the full press release
(IN BRIEF) Despite a slight decrease in unit sales, the TRATON GROUP reports a successful start to 2024, with increased sales revenue, adjusted operating result, and adjusted operating return on sales in the first quarter. The company sold 81,100 vehicles, … Read the full press release
(IN BRIEF) Michelin and Porsche continue their longstanding partnership with the introduction of three tailored tire ranges for the all-electric Porsche Macan, marking another milestone in their collaborative journey of over half a century. Leveraging expertise gained from the World … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News, Technology
Tagged Bespoke Tires, Electric Macan, INNOVATION, Michelin, MICHELIN PILOT ALPIN 5 SUV NE0, MICHELIN PILOT SPORT A/S 4 NE0, MICHELIN PILOT SPORT EV NE0, partnership, Porsche, sustainability
(IN BRIEF) BASF has expanded its sustainable food production offerings with the introduction of ecovio® T 2206, a certified industrial compostable biopolymer ideal for manufacturing black twines used in commercial greenhouses for growing annual fruit and vegetables. These twines, made … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) has inked guarantee agreements with Greece’s top four banks, including Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank, aiming to unlock up to €4.5 billion in financing for Greek small and … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Alpha Bank, Eurobank, European Investment Fund, Greece, green economy, Marjut Falkstedt, National Bank of Greece, Nikos Papathanasis, Orestis Kavalakis, partnership, PIRAEUS BANK, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) and the European Patent Office (EPO) released a joint report revealing that over 22% of clean and sustainable technologies worldwide are developed within the European Union (EU). Leading fields in cleantech inventions include … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged António Campinos, Cleantech Innovation, EIB, Europe, European Patent Office (EPO), Nadia Calviño, partnership, sustainability
(IN BRIEF) Ahold Delhaize has announced the full allocation of proceeds from its inaugural Green Bond to investments in Green Projects aimed at reducing the company’s greenhouse gas emissions and climate impact. The €500 million raised last year has been … Read the full press release
(IN BRIEF) thyssenkrupp AG and EP Corporate Group (EPCG) have reached an agreement for EPCG to acquire a 20 percent stake in thyssenkrupp’s steel business, with discussions ongoing for a further 30 percent acquisition, aiming to form an equal 50/50 … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News
Tagged acquisition, Daniel Křetínský, decarbonization, EPCG, Miguel López, partnership, steel business, sustainability, ThyssenKrupp
(IN BRIEF) The Nordic Investment Bank (NIB) announces a robust performance for the first quarter of 2024, with close to EUR 1 billion in new lending signed and EUR 643 million disbursed. The bank’s annual meeting of the Board of … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, News
Tagged André Küüsvek, Financial, green financing, investment, NIB, sustainability
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
