(IN BRIEF) Equinor faced a devastating blow in the first quarter with the loss of a colleague in a helicopter crash, underscoring the paramount importance of safety measures across its operations. While investigations continue into the accident involving Bristow, Equinor … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Norway, Security & Safety
Tagged Equinor, Jannicke Nilsson, Safety Priorities, Tragic Helicopter Accident
(IN BRIEF) Despite facing a challenging economic climate, the Bosch Group showcased growth and profitability in the 2023 business year. With sales reaching 91.6 billion euros and an EBIT margin from operations up by 5.3 percent year-on-year, the company is … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Bosch, economy, Financial, investment, Markus Forschner, Stefan Hartung
(IN BRIEF) Barclays and the Lawn Tennis Association (LTA) have launched a new five-year partnership aimed at getting 150,000 people playing tennis more regularly in parks across Britain. Through the initiative “Barclays Free Park Tennis,” free volunteer-led tennis sessions will … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Sports, United Kingdom
Tagged Barclays, Britain, Clare Balding, Free Park Tennis, Lawn Tennis Association (LTA), partnership, Scott Lloyd, sport, Tom Corbett
(IN BRIEF) Munich Re announces strategic changes to its leadership structure in Asia Pacific, Middle East & Africa (APAC MEA), aimed at bolstering its in-market Underwriting capabilities and refining its regional divisions. The revised setup will prioritize stronger local Underwriting … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Government, Industrial, Insurance, Investment, Management, News
Tagged Achim Kassow, Africa, Ajeet Phatak, appointment, Asia Pacific, Belhassen Tonat, Brian Jinzenji, CHINA, Florian Gruson, Haruka Narahashi, Hitesh Kotak, INDIA, Japan, Joachim Zagrosek, KOREA, leadership, MENA, Michael Hauer, Munich Re, Roland Eckl, Serene Chan, South-East Asia, Surbhi Goel
(IN BRIEF) General Motors (GM) has named BASF as its 2023 Supplier of the Year, marking the 17th time BASF has received this prestigious award in GM’s 32-year history of recognition programs. The award highlights BASF’s commitment to providing high-quality … Read the full press release
Posted in Automotive, Awards, Business, Chemicals, Environment, Germany, Industrial, Management, Media, News, Technology
Tagged 2023 Supplier of the Year, Awards, BASF, General Motors, Jeff Morrison, partnership, sustainability, Uta Holzenkamp
(IN BRIEF) At Hannover Messe 2024, Siemens unveils an array of cutting-edge technologies aimed at fostering sustainable transformation in the industrial sector. Among the highlights are the integration of Siemens Industrial Copilot into various industries, showcased in collaboration with partners … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Cedrik Neike, Hannover Messe 2024, Industrial Transformation, innovations, Klaus Rosenfeld, Matthias Rebellius, NVIDIA, Olaf Scholz, partnership, Rev Lebaredian, Roland Busch, Schaeffler, Siemens, sustainability
(IN BRIEF) Siemens Smart Infrastructure has introduced Electrification X, the latest addition to its Xcelerator portfolio, aiming to revolutionize the transformation of electrification infrastructure. Building upon the success of Building X and Gridscale X, Electrification X offers scalable IoT SaaS … Read the full press release
(IN BRIEF) Škoda Auto is set to debut its latest innovation, the Škoda Vision Gran Turismo concept car, in a digital world premiere on April 24th at 18:00 CEST. Broadcasting live from Prague’s PLAYzone Arena, the event will showcase Škoda’s … Read the full press release
Posted in Automotive, Business, Czech Republic, Entertainment, Financial, Industrial, Investment, Management, News, Technology
Tagged Modernity, ŠKODA AUTO, Škoda Vision Gran Turismo concept car
(IN BRIEF) Allianz Group has finalized the sale of its 51% stake in Allianz Saudi Fransi to Abu Dhabi National Insurance Company (ADNIC), marking a strategic move in its business operations in the Middle East. The transaction, which received regulatory … Read the full press release
(IN BRIEF) Henkel Adhesive Technologies, a global leader in adhesives, sealants, and coatings, has unveiled its innovative digital solution, the ‘Henkel Environmental Assessment Reporting Tool’ (HEART). Developed in collaboration with Henkel’s digital department and Capgemini, HEART automatically calculates the product … Read the full press release
(IN BRIEF) Feka Automotive, a prominent Serbian automotive lighting producer with ties to major global car manufacturers, including Toyota and Volkswagen, is set to undergo a significant expansion with the support of a €15 million loan from the European Bank … Read the full press release
Posted in Automotive, Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Serbia, Technology, United Kingdom
Tagged automotive, EBRD, ENERGY, expansion, Feka Automotive, partnership, SERBIA, Stellantis, sustainability, Toyota, Volkswagen
(IN BRIEF) The Joint Initiative on Circular Economy (JICE), spearheaded by prominent European Union public promotional banks and institutions, has exceeded its initial €10 billion financing goal for circular economy projects, reaching €11.57 billion by the close of 2023. At … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Bank Gospodarstwa Krajowego, Bpifrance, Caisse des Dépôts group, Cassa Depositi e Prestiti, Dario Scannapieco, EIB, Eric Lombard, European Promotional Banks, expansion, Financing Target, Instituto de Crédito Oficial, Joint Initiative on Circular Economy (JICE), José Carlos García de Quevedo, KfW, Nadia Calviño, partnership, Radoslaw Kwiecien, Rinke Zonneveld, Stefan Wintels
(IN BRIEF) In a landmark move, the European Investment Bank (EIB) has granted a €150 million loan to Bhutan, marking its first-ever investment in the country. This funding aims to bolster Bhutan’s renewable energy sector, particularly through the development of … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Bhutan, carbon neutrality, EIB, investment, Leki Wangmo, Lyonpo Lekey Dorji, Markus Berndt, Nadia Calviño, partnership, renewable energy, sustainability
(IN BRIEF) Eviden, an Atos business specializing in advanced computing, and CEA have jointly announced the delivery of the EXA1 HE (High Efficiency) supercomputer, marking a significant milestone in the EXA1 program. The system, based on Eviden’s BullSequana XH3000 technology, … Read the full press release
(IN BRIEF) Ericsson, alongside industry giants Nokia, IBM, Intel, and Vodafone, issues a rallying call to European policymakers, urging urgent action to ensure the region’s competitiveness in the digital economy. Ahead of the D9+ group meeting in Dublin, the companies … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Sweden, Technology, Telecom
Tagged Digital Future, Ericsson, Europe Union, IBM, Intel, Nokia, partnership, Robert Condon, vodafone
(IN BRIEF) EY unveils EY OpsChain Contract Manager (OCM), a groundbreaking blockchain-enabled solution designed to streamline contract management for enterprises. By leveraging public blockchain technology and zero-knowledge proofs (ZKPs), EY OCM facilitates the execution of complex business agreements, ensuring confidentiality, … Read the full press release
(IN BRIEF) As excitement mounts for Taylor Swift’s long-awaited UK tour, fans have fallen prey to a surge in concert ticket scams, with fraudsters exploiting social media platforms to target eager concert-goers. Analysis by Lloyds Bank reveals a concerning trend, … Read the full press release
Posted in Banks, Business, Entertainment, Financial, Industrial, Internet & Online, Investment, Management, Marketing, Media, News, Retail, Security & Safety, Technology, United Kingdom
Tagged Liz Ziegler, Lloyds Bank, SECURITY, social media, Taylor Swift Fans, Ticket Scams, UK Tour
(IN BRIEF) Siemens inaugurates the first building complex of the Siemens Technology Center (STC) at Garching Research Campus, marking a significant milestone in Germany’s technological advancement. The STC, situated alongside prestigious institutions like the Technical University of Munich (TUM), the … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged artificial intelligence, BMW, digitalization, Garching Research Campus, Markus Blume, partnership, Peter Körte, SAP, Siemens, sustainability, Technical University of Munich, Technology Center, the Fraunhofer Institutes, Thomas F. Hofmann
(IN BRIEF) In a joint statement, Ericsson, IBM, Intel, Nokia, and Vodafone urged policymakers to prioritize Europe’s digital competitiveness, emphasizing the need for a true Digital Single Market, investment in advanced connectivity, and tailored regulatory frameworks. The companies highlighted five … Read the full press release
Posted in Artificial Intelligence (AI), Business, European Union, Government, Industrial, Infrastructure & Utilities, Management, Marketing, News, Technology, Telecom, United Kingdom
Tagged competitiveness, digital, Ericsson, EU, IBM, Intel, Nokia, vodafone
(IN BRIEF) BASF, a global leader in materials and chemicals, presents a co-creation partnership for automotive industry players at Chinaplas 2024, Shanghai. The initiative offers an extensive portfolio of engineering plastics combined with design, simulation, application development, and parts testing … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Business, Chemicals, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged BASF, CHINAPLAS 2024, electric motors, Material Portfolio, partnership, Shanghai
(IN BRIEF) Unilever introduces Wonder Wash, a groundbreaking laundry detergent under its Dirt Is Good brand, designed to excel even in short 15-minute cycles. Leveraging robotics and AI, Unilever has developed a science-backed solution to address evolving laundry needs, catering … Read the full press release
(IN BRIEF) Sanofi’s experimental CD40L antibody, frexalimab, demonstrates encouraging results in a 48-week phase 2 study for relapsing multiple sclerosis (MS). Presented at the American Academy of Neurology Annual Meeting, the data reveals sustained reduction in disease activity and favorable … Read the full press release
Posted in Business, Education, Financial, France, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Security & Safety, Technology
Tagged CD40L antibody, Erik Wallström, Frexalimab, multiple sclerosis, Patrick Vermersch, safety, Sanofi
(IN BRIEF) Ahold Delhaize, a global retail giant, introduces NextCo, an advisory board to the Executive Committee (ExCo), aiming to incorporate the perspectives of the next generation into strategic decision-making processes. Comprised of six Millennial leaders from key countries where … Read the full press release
(IN BRIEF) Mercedes-Benz launches the customer testing phase for its battery-electric eActros 600, with Contargo and Remondis as the pioneering partners. The e-trucks, set to revolutionize long-distance haulage, will be utilized by Contargo for container transport between Wörth am Rhein … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Andreas Roer, Christian Renners, Contargo, Daimler truck, e-trucks, eActros 600, Kögel Trailer GmbH, Mercedes-Benz, Michael Starke, partnership, REMONDIS, Sascha Hähnke, Stina Fagerman, sustainability
(IN BRIEF) Evotec SE announces the appointment of Aurélie Dalbiez as their new Chief People Officer (CPO), effective June 15, 2024. Joining the Management Board, Aurélie brings over 25 years of international Human Resources leadership experience, previously serving as the … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Pharma & Biotech, Science, Technology
Tagged appointment, Aurélie Dalbiez, Chief People Officer, Dr Mario Polywka, Evotec, leadership
(IN BRIEF) Fortum embarks on a EUR 20 million investment to modernize the historic Malta hydropower plant in Uvån, Sweden, dating back to 1914. This extensive modernization aims to enhance the plant’s efficiency, extend its lifespan, and increase annual production … Read the full press release
(IN BRIEF) Metsä Group partners with ANDRITZ to conduct a pre-study for a groundbreaking commercial mill dedicated to producing Kuura textile fiber, a sustainable product derived from Finnish wood. This collaboration aims to develop innovative pulp pre-treatment methods, integrate textile … Read the full press release
Posted in Austria, Business, Environment, Financial, Finland, Government, Industrial, Investment, News, Technology
Tagged Andritz, Finland, Kari Tuominen, Kuura Fiber Production, Metsä Group, Niklas von Weymarn, partnership, sustainability
(IN BRIEF) MYTILINEOS Energy & Metals, in collaboration with Protergia and Powerledger, introduces groundbreaking energy provenance tracking and tracing features in Greece. This innovative partnership empowers consumers to track their energy sources in near real-time, visualize their carbon footprint, and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Investment, Management, News, Technology
Tagged ENERGY, Greece, MYTILINEOS, partnership, Powerledger, Protergia, sustainability
(IN BRIEF) Novartis revealed promising data from the ALITHIOS open-label extension study, highlighting the enduring effectiveness of Kesimpta® (ofatumumab) in treating relapsing multiple sclerosis (RMS) over a span of up to six years. The study, presented at the American Academy … Read the full press release
(IN BRIEF) In a fascinating blend of modern infrastructure and historical preservation, Milan’s upcoming De Amicis station on the M4 line has unveiled a hidden treasure: sections of the ancient city walls of the Naviglio. Constructed by Webuild, the station’s … Read the full press release
Posted in Art & Culture, Business, Construction, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Ancient Walls, De Amicis Station, M4 line, Medieval Legacy, Milan, Webuild
(IN BRIEF) Siemens announces the forthcoming release of the Simatic S7-1200 G2 controllers, set to debut in winter 2024, marking the first new generation of controllers in a decade. Promising enhanced motion control, flexible machine safety features, increased performance, and … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Hannover Messe 2024, Siemens, Simatic S7-1200 G2 Controllers
(IN BRIEF) Kering and the Festival de Cannes are set to bestow the prestigious 2024 Women In Motion Award upon Dame Donna Langley, Chairman of NBCUniversal Studio Group and Chief Content Officer, during an official dinner in Cannes. Langley’s illustrious … Read the full press release
Posted in Apparel, Fashion & Beauty, Awards, Business, Entertainment, France, Industrial, Management, Media, News, Retail, Society
Tagged 2024 Women In Motion Award, Awards, Donna Langley, Festival de Cannes, François-Henri Pinault, Geena Davis, Gong Li, Inclusion, Iris Knobloch, Isabelle Huppert, Jane Fonda, Kering, leadership, Michelle Yeoh, partnership, Patty Jenkins, Salma Hayek, Susan Sarandon, Thierry Frémaux, Viola Davis, women's empowerment
(IN BRIEF) Thales, through its cybersecurity division Imperva, released the 2024 Imperva Bad Bot Report, highlighting a concerning trend of escalating automated bot traffic on the internet. The report reveals that bad bots, accounting for 32% of all internet traffic, … Read the full press release
Posted in Business, Defence, France, Government, Internet & Online, Management, News, Security & Safety, Technology
Tagged Automated Threats, Bot Traffic, Cybersecurity, Imperva, Nanhi Singh, Thales
(IN BRIEF) The European Investment Bank (EIB) has signed a €150 million, 25-year finance contract with the French department of Seine-Maritime, aiming to modernize the learning environments of 13,000 pupils across the region. This initiative, part of the department’s Plan … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, Bertrand Bellanger, EIB, France, investment, partnership, School Modernization, Seine-Maritime Department, sustainability
(IN BRIEF) The European Investment Bank (EIB) is providing a €400 million loan to Thüringer Energie AG (TEAG), a municipal energy supplier in Thuringia, Germany, to upgrade and digitize the electricity grid. This investment, totaling around €600 million, aims to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Germany, Green Energy, Grid Expansion, Nicola Beer, partnership, Stefan Reindl, sustainability, Thüringer Energie AG, Thuringia
(IN BRIEF) Telefónica announces “Telefónica 100 Live”, a concert to celebrate its 100th anniversary, set to take place at the Santiago Bernabéu Stadium on Saturday, May 18. The event will feature performances by renowned artists such as Alejandro Sanz, Hombres … Read the full press release
Posted in Business, Entertainment, Industrial, Management, Media, News, Spain, Technology, Telecom
Tagged 100th anniversary, Alejandro Sanz, Ana Mena, charity, Hombres G, music, Telefónica 100 Live
(IN BRIEF) Vodafone announced the appointment of Marika Auramo as the new CEO of Vodafone Business, effective from July 1, 2024. Marika brings over 25 years of experience in the global IT industry, having served in various leadership positions at … Read the full press release
Posted in Business, Industrial, Management, News, Technology, Telecom, United Kingdom
Tagged appointment, CEO, Giorgio Migliarina, leadership, Margherita Della Valle, Marika Auramo, vodafone, Vodafone Business
(IN BRIEF) Nagarro, a global digital engineering leader, disclosed its audited financial figures for 2023, showcasing consistent performance with a 6.5% revenue increase year-over-year (YoY). Despite facing excess capacity due to growth moderation, the company saw revenue climb to €912.1 … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Financial, investment, Nagarro
(IN BRIEF) PUMA collaborates with the Mercedes-AMG PETRONAS F1 Team to introduce the Crews Go Summer Collection, seamlessly blending the team’s iconic identity with casual streetwear silhouettes. Each piece in the collection, from hoodies to shorts and shirts, exudes track … Read the full press release
Posted in Apparel, Fashion & Beauty, Automotive, Business, Entertainment, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, Marketing, News, Retail, Sports
Tagged Crews Go Summer Collection, Mercedes-AMG, partnership, PETRONAS F1 Team, PUMA, sports, sustainability
(IN BRIEF) With only 100 days until the Paris 2024 Olympic Games, anticipation builds as the Olympic Flame prepares to be ignited in Olympia, Greece. The Flame’s journey to France will commence with a historic ceremony featuring the participation of … Read the full press release
Posted in Business, Entertainment, France, Government, Greece, Industrial, Management, Media, News, Sports
Tagged celebration, Greece, Laure Manaudou, Olympia, Olympic, Olympic flame, Paris 2024, sport, Stefanos Douskos, Tony Estanguet, Torch Relay
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
