Tag Archives: technology

EIB Invests €350 Million with INWIT to Boost Digital Connectivity and Mobile Coverage Across Italy

(IN BRIEF) The European Investment Bank (EIB) has granted €350 million to INWIT to support the expansion of digital telecommunications infrastructure across Italy, improving mobile coverage, especially in rural areas. The investment will fund the development of both macro-grid infrastructure … Read the full press release

Helios Fund V Secures $75 Million Investment from EIB Global to Fuel Africa’s Digital and Tech Growth

(IN BRIEF) The European Investment Bank (EIB Global) has committed $75 million to Helios Fund V, a private equity fund managed by Helios Investment Partners. Focusing on sectors like digital infrastructure, financial services, and tech-enabled services, the fund aligns with … Read the full press release

Finnish Ambassador Sari Rautio Explores Iberdrola’s Smart Grids Innovation Hub in Bilbao

(IN BRIEF) Finnish Ambassador to Spain, Sari Rautio, visited Iberdrola’s Global Smart Grids Innovation Hub in Bilbao, accompanied by a trade delegation and the Honorary Consul of Finland, Carolina Pérez Toledo. The group was welcomed by Iberdrola executives Asís Canales … Read the full press release

Societe Generale Appoints Lubomira Rochet as Executive Vice President of Retail Banking, Private Banking, and Chief Operating Office

(IN BRIEF) Lubomira Rochet has been appointed Executive Vice President of Societe Generale, overseeing Retail Banking, Private Banking, Insurance, and the Chief Operating Office. She will bring her extensive expertise in digital transformation and business leadership to drive growth and … Read the full press release

Barclays Appoints Vijay Shankar U.S. and Amaar Khan to Strengthen Corporate Bank in APAC & ME

(IN BRIEF) Barclays has appointed Vijay Shankar U.S. as Managing Director, Head of Global Transaction Banking, and Amaar Khan as Managing Director, CIO & Head of Corporate Banking Technology for its APAC and ME operations. Both will be based in … Read the full press release

TfL Launches New Apprenticeship Roles for 2025, Fostering Career Growth and Diversity in London’s Transport Sector

(IN BRIEF) As part of National Apprenticeship Week 2025, Transport for London (TfL) is launching a range of apprenticeship opportunities to help Londoners develop long-term careers in various sectors, including engineering, technology, data, and sustainability. Starting in September 2025, TfL … Read the full press release

ETHSG Association Bridges Gap Between ETH Zurich and HSG Students to Foster Start-up Innovation

(IN BRIEF) The ETHSG association, founded in 2020, unites students from ETH Zurich and the University of St. Gallen (HSG) to foster collaboration between business and technical expertise, with a focus on developing start-ups. Through workshops, company visits, and social … Read the full press release

Repsol and Accenture Collaborate to Integrate AI Agents for Enhanced Efficiency and Innovation in Energy Sector

(IN BRIEF) Repsol is enhancing its Digital Program by incorporating AI agents in partnership with Accenture, utilizing the NVIDIA AI platform. This collaboration aims to improve operational efficiency, streamline processes, and deliver a more personalized customer experience, as well as … Read the full press release

BMW Group Expands Quantum Computing Research to Drive Innovation in Automotive Design and Manufacturing

(IN BRIEF) BMW Group is expanding its quantum computing efforts, having already initiated research into this advanced technology since 2017. Quantum computing has the potential to significantly impact materials science, engineering, and logistics, and is expected to play a key … Read the full press release

Thales Alenia Space Secures Major ESA Contract to Develop Lunar Descent Element for European Autonomous Access to the Moon

(IN BRIEF) Thales Alenia Space has secured an €862 million contract with the European Space Agency to develop the Lunar Descent Element for the Argonaut mission, aimed at enabling European autonomous access to the Moon. Planned for the 2030s, Argonaut … Read the full press release

TravelPerk Secures $200 Million in Series E Funding to Expand AI-Driven Travel and Expense Management Solutions

(IN BRIEF) TravelPerk, a leader in business travel management software, has secured a $200 million Series E investment co-led by EQT Growth and Atomico, along with participation from other new and existing investors. The funding round, which boosts TravelPerk’s valuation … Read the full press release

Evonik and Oerlikon Barmag Join Forces to Advance Chemical Recycling of PET Waste

(IN BRIEF) Evonik and Oerlikon Barmag have formed a partnership to develop innovative chemical recycling solutions for Polyethylene terephthalate (PET) waste. The collaboration focuses on creating efficient processes for PET depolymerisation and purification, aiming to boost recycling rates from contaminated … Read the full press release

Evonik and Fuhua Launch Joint Venture in China to Produce Specialty Hydrogen Peroxide for Key Industries

(IN BRIEF) Evonik and Fuhua Tongda Chemicals have formed a joint venture in Leshan, China, to produce specialty hydrogen peroxide (H2O2) for industries like solar panels, semiconductors, and food packaging. With Evonik holding a 51% stake, the venture aims to … Read the full press release

EIB and Banco Desio Launch €400 Million Financing Initiative to Support Innovation in Italian Businesses

(IN BRIEF) In Milan, the European Investment Bank (EIB) and Banco Desio signed the first €60 million tranche of a €200 million credit line designed to boost €400 million in investment for Italian SMEs and mid-cap businesses. The initiative aims … Read the full press release

DNV’s Elizabeth Kaiga Joins ACORE Board of Directors to Advance U.S. Renewable Energy Transition

(IN BRIEF) DNV has announced that Elizabeth Kaiga, Chief Commercial Officer for Energy Systems North America, has been appointed to the Board of Directors of the American Council on Renewable Energy (ACORE). Kaiga, with over 20 years of industry experience, … Read the full press release

Software AG Report: 70% of Businesses Struggling with Operational Chaos Due to Technology and Process Challenges

(IN BRIEF) Software AG’s research reveals that 70% of businesses are struggling with operational chaos, a challenge fueled by technology and process inefficiencies. The study highlights that as technology adoption increases, businesses are facing greater difficulty in maintaining agility and … Read the full press release

Exploring the Future of Connectivity and Governance in Europe

(IN BRIEF) In a discussion led by Rob van Kranenburg and moderator Reto Brosi, the evolution of data gathering and management systems, particularly in the context of next-generation Internet technologies, IoT, and mobile phones, is explored. They examine the implications … Read the full press release

Japan’s National Police Agency Becomes First in the Country to Operate Airbus H160 Helicopters

(IN BRIEF) The National Police Agency of Japan has received two Airbus H160 helicopters, becoming the first para-public operator in Japan to operate this model. The first delivery took place at the end of last year, followed by the second … Read the full press release

Christian Levin Elected Chair of ACEA’s Commercial Vehicles Board for 2025

(IN BRIEF) Christian Levin, CEO of Scania, has been elected as the new Chair of ACEA’s Commercial Vehicles Board for 2025. He stressed the European truck and bus sector’s leadership in technology and its importance for the region’s competitiveness and … Read the full press release

Alfa Laval Announces New Food Innovation Centre in Copenhagen to Drive Sustainable Food Production

(IN BRIEF) Alfa Laval has unveiled plans to open its Food Innovation Centre in Copenhagen, Denmark, by 2027. This new facility is part of the company’s capital investment strategy and aims to support the food industry in tackling the challenges … Read the full press release