(IN BRIEF) Olea Global Pte Ltd, a leader in digital infrastructure platforms, has signed a memorandum of understanding with Standard Chartered to bolster small and medium-sized enterprises (SMEs). This strategic partnership aims to develop integrated supply chain solutions and other … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged Amelia Ng, Olea, partnership, SMEs, Standard Chartered, Xie Wen
(IN BRIEF) During a state visit to France by the President of China, TotalEnergies and SINOPEC, represented by their respective leaders Patrick Pouyanné and Ma Yongsheng, signed a strategic cooperation agreement to enhance their collaboration in low-carbon energies. Building on … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has released a report by the Vienna Initiative working group, titled “Greening the financial sector: A Central, Eastern and South-Eastern European perspective.” The report underscores the pivotal role of the financial sector in … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Ambroise Fayolle, Austria, CESEE, Debora Revoltella, EIB, Financial, green transition, partnership, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) has partnered with Valle Umbra Servizi to enhance water service resilience and efficiency across 22 municipalities in Perugia, Italy, with a €35 million green loan under the InvestEU program. This initiative marks the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News
Tagged EIB, Eng. Vincenzo Rossi, Gelsomina Vigliotti, InvestEU program, Italy, partnership, sustainability, Umbria, water services
(IN BRIEF) Georg Stamatelopoulos, the new CEO of EnBW, reflected on the company’s strong financial results for 2023 and affirmed the guidance for 2024 during the Annual General Meeting held virtually from Stuttgart. EnBW, which plans to invest about €40 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged Andreas Schell, EnBW, Financial, Georg Stamatelopoulos, investment, Peter Heydecker
(IN BRIEF) Meisheng Group has initiated operations of a new ANDRITZ needlepunch line at its facility in Shaoxing City, Zhejiang Province, enhancing its production capabilities to meet the rising demand for synthetic suede, especially in New Energy Vehicles (NEVs). This … Read the full press release
Posted in Austria, Automotive, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, CHINA, Meisheng Group, Mr. Qian Guochun, needlepunch line, partnership, sustainability, Synthetic Suede Production
(IN BRIEF) Outokumpu, in a robust advancement of its strategic plan, has increased its EBITDA run-rate improvement target by €150 million to €350 million, aiming to bolster its competitiveness in the stainless steel industry. Achieving its initial target ahead of … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, Heikki Malinen, investment, Outokumpu
(IN BRIEF) Steffen Hoffmann, an internationally experienced executive with a comprehensive background in finance, will become the new Chief Financial Officer of Aurubis AG on October 1, 2024. He will be succeeding Rainer Verhoeven, who announced his departure effective June … Read the full press release
Posted in Business, Germany, Industrial, Management, Metals and Minerals, News
Tagged Aurubis AG, CFO, Prof. Dr. Fritz Vahrenholt, Rainer Verhoeven, Steffen Hoffmann
(IN BRIEF) Brenntag, the global leader in chemicals and ingredients distribution, announces the expansion of its partnership with Coöperatie Koninklijke Avebe U.A. (“Royal Avebe”) to include the United Kingdom and Ireland. This extension of the distribution agreement provides Brenntag customers … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Ireland, Management, News, Technology, United Kingdom
Tagged Brenntag, Chris Hollebek, Ireland, Jerzy Jasiński, partnership, Potato Starch, protein, Royal Avebe, sustainability, UK
(IN BRIEF) During the Annual General Meeting of Hannover Rück SE, all proposed resolutions were approved. CEO Jean-Jacques Henchoz reflected on the successful financial years of the past strategy cycle, emphasizing the company’s reliability amidst challenges. Moving forward with the … Read the full press release
Posted in Business, Financial, Germany, Industrial, Insurance, Investment, Management, News
Tagged appointment, Dr. Alena Kouba, Dr. Andrea Pollak, Dr. Erhard Schipporeit, Frauke Heitmüller, Hannover Rück SE, Harald Kayser, Jean-Jacques Henchoz, leadership, Natalie Bani Ardalan, Sibylle Kempff, Supervisory Board Members, Timo Kaufmann
(IN BRIEF) Wolters Kluwer Tax & Accounting (TAA) unveils AI-enabled upgrades to CCH® AnswerConnect, its leading tax, accounting, and audit research product. Leveraging GenAI, the platform now offers enhanced natural language Q&A functionality, empowering accounting professionals to efficiently navigate tax … Read the full press release
(IN BRIEF) Wolters Kluwer, a global leader in professional information, software solutions, and services, inaugurates its dedicated AI center, showcasing its ongoing fusion of deep domain expertise with cutting-edge AI technology. Centralizing AI insights, research, and solutions, the center caters … Read the full press release
(IN BRIEF) Saltigo, a subsidiary of LANXESS specializing in exclusive synthesis of active ingredients and intermediates, introduces “Net Zero Custom Manufacturing” to offer sustainable production solutions to potential customers, particularly in the food and agrochemical industries. The initiative focuses on … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged "Net Zero Custom Manufacturing", LANXESS, Michael Schäfer, Saltigo, sustainable production
(IN BRIEF) FORVIA, the world’s seventh-largest automotive technology supplier resulting from the merger of Faurecia and HELLA, receives two Automotive News PACEpilot Innovation to Watch recognitions at the 2024 awards ceremony in Detroit. The accolades celebrate FORVIA’s pioneering contributions to … Read the full press release
Posted in Automotive, Awards, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Automotive News PACEpilot Innovation, Awards, Forvia, Hella, Jörg Weisgerber, Thorsten Muschal
(IN BRIEF) German MAWS GbR, comprised of ESG Elektroniksystem- und Logistik-GmbH, HENSOLDT Sensors GmbH, and Diehl Defence GmbH & Co. KG, secures the contract for the second national supplementary study for the Franco-German Maritime Airborne Warfare System (MAWS) project. MAWS … Read the full press release
Posted in Artificial Intelligence (AI), Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Diehl Defence GmbH & Co. KG, ESG Elektroniksystem- und Logistik-GmbH, Franco-German Maritime Airborne Warfare System, Hensoldt Sensors GmbH, MAWS GbR, partnership
(IN BRIEF) VARTA AG’s Supervisory Board has named Michael Ostermann as Board Member and Chief Executive Officer (CEO), effective May 6, 2024. With extensive management experience in the automotive and battery industries, Ostermann is poised to lead VARTA AG, alongside … Read the full press release
(IN BRIEF) Ericsson and Umniah have inked a memorandum of understanding (MoU) to extend the 3G and 4G network in major Jordanian cities. The expansion, facilitated by Ericsson Radio System products and solutions, utilizes 10 megahertz (MHz) of spectrum, enhancing … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged 3G network, 4G network, Ericsson, Faisal Qamhiyah, JORDAN, Kevin Murphy, partnership, sustainability, Umniah
(IN BRIEF) VINCI Highways, a subsidiary of VINCI Concessions, secures contracts in Georgia and Texas, marking its entry into the toll services market in Georgia and strengthening its presence in Texas. The Georgia State Road and Tollway Authority (SRTA) entrusts … Read the full press release
Posted in Business, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged GEORGIA, partnership, Texas, U.S. Toll Services, VINCI Highways
(IN BRIEF) BASF, in collaboration with International Process Plants (IPP), has agreed to market ammonia, methanol, and melamine plants situated at BASF’s Verbund site in Ludwigshafen, Germany. These assets, made available as part of BASF’s strategic adjustments to maintain competitiveness … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, Marketing, News
Tagged acquisition, ammonia, BASF, IPP, marketing, melamine, methanol, partnership, plants, relocation, Ronald Gale, Ruediger von Watzdorf, sustainability
(IN BRIEF) EIB Global, the financing arm of the European Investment Bank (EIB) outside the EU, has inked a €10 million loan deal with Bank Respublika to bolster support for micro, small, and medium-sized enterprises (MSMEs) in Azerbaijan. Part of … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Azerbaijan, Bank Respublika, EIB, EIB Global, Gert Jan Koopman, MSMEs, partnership, small business, sustainability, Tariyel Ismayilov, Teresa Czerwinska
Digi Communications N.V. to distribute approx. RON 120 million in dividends, setting the dividend per share for 2023 at RON 1.25, a 25% YoY increase Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year … Read the full press release
Posted in Business, Financial, Investment, Management, News, Portugal, Romania, Spain, Technology, Telecom
Tagged broadband, Digi Communications, Digi dividends, Digi FY 2023 dividends, dividends, fibre optic, FY 2023 dividends, General Meeting of Shareholders, pay TV, Serghei Bulgac, shareholders, strong operational performance, telecommunication services, telecommunication solutions, telephony
(IN BRIEF) Digi Communications N.V. announces the availability of the Romanian version of its Annual Financial Report for the year ended December 31, 2023. Shareholders and investors can access the report on the company’s website under the “Investor Relations” section. … Read the full press release
(IN BRIEF) ZF Wind Power is boosting its capacity in Coimbatore, India, from 9 to 12 GW to meet the surging global demand in the wind market, supporting the transition of over 10 million households to green energy annually. Additionally, … Read the full press release
(IN BRIEF) Infineon Technologies AG, a semiconductor leader, will provide silicon carbide (SiC) power modules and bare die products to Xiaomi EV for its SU7 electric vehicles until 2027. Infineon’s CoolSiC-based power modules offer superior performance, driving dynamics, and lifetime … Read the full press release
(IN BRIEF) Standard Chartered Bank has successfully raised more than USD 1 billion through its suite of Signature CIO Funds, launched in late 2022. These multi-asset solutions, including Conservative, Income, Balanced, and Growth Funds, cater to varying client risk and … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged CIO Funds, Financial, investment, Samir Subberwal, Standard Chartered
(IN BRIEF) Eviden, a leading digital, cloud, big data, and security provider within the Atos Group, has unveiled its new facility, the Eviden Mission Critical Systems Technology Center, situated in Prottes, Lower Austria. This inauguration underscores Eviden’s dedication to advancing … Read the full press release
(IN BRIEF) WACKER is strategically enhancing its BIOSOLUTIONS life-science division by bolstering capacities in biopharmaceuticals for advanced therapies. Its subsidiary, Wacker Biotech US, based in San Diego, is expanding mRNA and protein production to meet the surging demand for contract … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged advanced therapies, biopharmaceutical, Dr. Philippe Cronet, partnership, sustainability, USA, WACKER
(IN BRIEF) The Hamburg-based tech firm, the applike group, renowned for mobile app management and distribution, has relocated its headquarters to central Hamburg to accommodate its expanding operations. The move to new offices, managed by Lindner, reflects the company’s commitment … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged Applike Group, Hamburg, Industrial Design, INNOVATION, Lindner, partnership, sustainability
(IN BRIEF) AstraZeneca has finalized its equity investment with Cellectis, a clinical-stage biotechnology firm, following a successful research collaboration agreement announced in November 2023. This partnership aims to harness Cellectis’ gene editing technologies to design up to 10 novel cell … Read the full press release
Posted in Business, Financial, France, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged Adrian Kemp, AstraZeneca, Cell and Gene Therapy Development, Cellectis, France, investment, partnership
(IN BRIEF) On May 3, 2024, VINCI’s Board of Directors, chaired by Xavier Huillard, unanimously approved the appointment of Pierre Anjolras as Chief Operating Officer (COO) of VINCI. Anjolras, who brings extensive experience in motorway concessions and executive leadership within … Read the full press release
Posted in Business, Construction, France, Industrial, Infrastructure & Utilities, Management, News
Tagged appointment, Chief Operating Officer, leadership, Pierre Anjolras, VINCI, Xavier Huillard
(IN BRIEF) STARK Group announces the opening of a vast central warehouse in Eskilstuna, Sweden, marking a significant investment in the company’s logistics infrastructure. With a sprawling expanse of 63,000 square meters, equivalent to 12 football fields, the warehouse is … Read the full press release
(IN BRIEF) Lidl announces a new partnership with BILD Group, introducing BILDplus as a premium offer for users of the Lidl Plus app in Germany. Customers reaching a certain monthly shopping volume through Lidl Plus will receive complimentary access to … Read the full press release
Posted in Business, Entertainment, Financial, Germany, Industrial, Investment, Management, Marketing, Media, News, Retail, Technology
Tagged Axel Springer, BILD Group, BILDplus, Claudius Senst, Jan Bock, Lidl, Lidl Plus App Users, partnership, Schwarz Group
(IN BRIEF) Paris 2024, in anticipation of the Torch Relay’s arrival in Marseille on 8 May, reveals the striking design of the Olympic and Paralympic Torch Relay cauldron, crafted by renowned designer Mathieu Lehanneur and manufactured by ArcelorMittal. The cauldron, … Read the full press release
Posted in Business, Entertainment, France, Industrial, Management, Media, Metals and Minerals, News, Sports
Tagged ArcelorMittal, Cauldron, design, Eric Niedziela, Mathieu Lehanneur, Olympic, Paralympic, Paris 2024, sports, Tony Estanguet, Torch Relay
(IN BRIEF) CIMIC Group subsidiary Leighton Asia, in partnership with China Railway First Group, has been awarded the A$4.3 billion North District Hospital (NDH) expansion project by the Hong Kong Hospital Authority. Expected to generate up to A$2.4 billion in … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Spain
Tagged ACS Group, Brad Davey, China Railway First Group, CIMIC Group, Expansion Project, Hong Kong, Juan Santamaria, Leighton Asia, North District Hospital, partnership
(IN BRIEF) Mercedes-Benz Trucks is gearing up for its most extensive test run yet, slated for this summer, featuring the groundbreaking electric flagship eActros 600. With two near-series prototypes, the trucks will traverse over 20 European countries, clocking more than … Read the full press release
(IN BRIEF) Bechtle direct Italy is extending its presence to Milan, securing a prime location in the city’s renowned Milanofiori Nord business district, housed in the eco-friendly U15 building. This expansion underscores Bechtle’s commitment to fostering sustained growth, enhancing accessibility … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Bechtle, Bernhard Kabicher, INNOVATION, Italy, Milan Office, partnership, sustainability
(IN BRIEF) Nadine Despineux, with over two decades of management experience in international mechanical engineering companies, has been appointed as the new Member of the Board of Management, Sales at Jungheinrich AG, effective from 15th July 2024, succeeding Christian Erlach, … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is bolstering micro, small, and medium-sized businesses in Uzbekistan by providing a financial package of up to US$ 20 million to Ipak Yuli Bank. This includes a US$ 10 million … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Retail, Small Business, United Kingdom
Tagged EBRD, Financial, Ipak Yuli Bank, partnership, small business, sustainability, Uzbekistan, Youth Entrepreneurship
(IN BRIEF) Bentley Motors introduced its new Compact Full Spectrum Driving Simulator, set to be installed at its Dream Factory in Crewe. The innovative simulator, developed by VI-grade, offers a sustainable alternative to physical testing and will significantly reduce the … Read the full press release
(IN BRIEF) Kapsch TrafficCom AG has successfully divested assets not aligned with its strategic core business, yielding total proceeds of nearly EUR 11 million with full realization of variable purchase price components. The sale includes Kapsch TrafficCom’s stake in Traffic … Read the full press release
Posted in Austria, Business, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Financial, Georg Kapsch, investment, Kapsch TrafficCom AG
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