(IN BRIEF) SEB’s China Financial Index for 2024 revealed a drop to 52.0, indicating a challenging business environment for northern European companies operating in China. This decline, the lowest since May 2020, reflects concerns over customer demand, local competition, and … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, Marketing, News, Politics, Sweden
Tagged break-even, business outlook, CHINA, China Financial Index, Chinese government, Covid-19 crisis, customer demand, economy, EU-China relationship, foreign businesses, foreign direct investment, foreign exchange rates, geopolitical concerns, Investment Outlook, Juliette Xue Lascoux, labor costs, local competition, May 2020, modest investments, northern European companies, order intake, partnership, pessimism, profit outlook, profit shrinkage, profitability, sales growth, SEB, SEB Shanghai, staffing outlook, subsidiaries, trade war, US presidential election, US-China relationship, US-China tensions
(IN BRIEF) Rheinmetall has been awarded a contract by the Bundeswehr to provide up to 120 mobile aid stations, with the first delivery scheduled for December 2025. The order, valued in the high double-digit million-euro range, includes ten ballistic-protected and … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged 2025, air conditioning unit, armoured systems, ballistic-protected systems, Bundeswehr, contract, delivery, Emergency Care, emergency surgery container, high double-digit million-euro range, medical equipment, medical response, military medical care, Military Personnel, mobile aid stations, modular medical facilities, MSE system, partnership, Power Generator, Rheinmetall, surgical care, training, unarmoured systems, unprotected systems
(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
Posted in Business, Denmark, Environment, Financial, Food & Beverage, Industrial, Infrastructure & Utilities, Investment, Management, News, Science, Sweden, Technology
Tagged 2027, academic institutions, AI, Alfa Laval, bio-solutions, capital expenditure, collaboration, Copenhagen, Copenhagen and Southern Sweden, Denmark, digitalization, efficiency, environmental impact, Food & Water Division, Food Innovation Centre, food producers, food production, food sector, future innovations, global corporations, global population, net-zero emissions, partnership, research and development, resilience, Sammy Hulpiau, start-ups, sustainability, technology
(IN BRIEF) Lantmännen, a Swedish cooperative owned by farmers, is tackling the global protein gap by investing 105 million euros in a groundbreaking plant-based protein processing facility in Lidköping, Sweden. The plant, powered by Alfa Laval technology, will focus on … Read the full press release
Posted in Business, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged Agro & Protein Systems, Alfa Laval, CEO, climate-smart crops, decanters, Denmark, evaporators, fava beans, field beans, food demand, food miles, food supply, global protein gap, gluten-free pasta, Group President, Head of Energy Division, Lantmännen, Lars-Gunnar Edh, Lidköping, Magnus Kagevik, Oats, partnership, plant-based production, plant-based proteins, protein extraction, protein isolates, separators, sports drinks, Sumit Pingle, sustainability, sustainable food production, Sweden, Swedish farmers, vegetarian foods, Vice President, wet processing, Wheat, yellow peas
(IN BRIEF) Sicit, a company in Vicenza, Italy, specializing in converting leather tanning residues into protein hydrolysates, implemented Alfa Laval’s ConditionAlert™ solution to ensure optimal performance of their decanters. After installing the system in 2022, it proved invaluable in March … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Italy, Management, News, Sweden, Technology
Tagged Alfa Laval, Andrea Pelizzaro, ConditionAlert™, Connected Services, Customer support, data-driven insights, decanters, downtime, environmental impact, equipment reliability, failure prevention, IoT, Italy, main bearing, partnership, predictive maintenance, proactive support, protein hydrolysates, rotating assembly, separation expertise, service center, Sicit, sustainability, Vicenza
(IN BRIEF) Evonik has partnered with ST Pharm to enhance its RNA and nucleic acid therapeutic services, combining ST Pharm’s expertise in customized nucleic acids with Evonik’s advanced lipid and lipid nanoparticle (LNP) drug product development solutions. This collaboration aims … Read the full press release
Posted in Business, Chemicals, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged active ingredients, capping library screening, clinical trials, drug delivery, drug development, drug product development, enzymatic biotransformation, Evonik, Evonik capabilities, Fill & Finish, gene delivery, gene therapies, GMP manufacturing, Health Care Business, Kris S. Choi, life sciences sector, lipid nanoparticle, lipids, liposomes, LNP, mRNA development, mRNA-LNPs, North America manufacturing, nucleic acid medicines, nucleic acid therapeutics, nucleic acid therapies, Nutrition & Care division, oligonucleotides, partnership, pharmaceutical companies, RNA market, RNA therapeutics, siRNAs, small molecules, SmartCap® technology, South Korea, ST Pharm, strategic partnership, Yann d'Hervé
(IN BRIEF) MAHLE has signed an agreement to sell its U.S. engineering services division, MAHLE Powertrain USA, to the Dumarey Group, with the deal expected to close in Q1 2025. The transaction includes the Plymouth, Michigan facility, which employs around … Read the full press release
Posted in Automotive, Business, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Advanced Engineering, business acquisition, Chief Technology Officer, Corporate Research, Dr. Marco Warth, Dumarey Group, electrified powertrain systems, engineering services, growth potential, hybridized internal combustion engines, MAHLE, MAHLE Powertrain, MPT USA, partnership, Pierpaolo Antonioli, Plymouth Michigan, Powertrain Solutions, PUNCH Group, strategic goals, U.S. engineering services market, U.S. market, U.S. market focus
(IN BRIEF) Experian has achieved Workday Certified Integration status for its I-9 Management solution, enabling organizations using Workday Human Capital Management (HCM) to streamline the Form I-9 process during employee onboarding. This integration helps employers avoid errors, reduce compliance risks, … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged ACA Reporting, administrative burdens, Anne Obee, audits, automation, compliance, Employee Experience, employee onboarding, Employer Service, errors, Experian, Experian Employer Services, Form I-9, HCM, HR professionals, human capital management, I-9 Management solution, missing information, onboarding process, payroll professionals, penalties, rule changes, tax professionals, Tax Withholding, Vice President, Work Opportunity Tax Credit, Workday, Workday Marketplace
(IN BRIEF) The European Investment Bank (EIB) successfully priced a EUR 5bn 10-year EARN bond on January 8, 2025, marking the largest Climate Awareness EARN order book in the institution’s history at EUR 47.3bn, including EUR 1.95bn from Joint Lead … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Industrial, Investment, Luxembourg, Management, News, United Kingdom
Tagged 10-year bond, 2.875% coupon, bank treasuries, benchmark bond, BNP Paribas, bond demand, bond issuance, bond pricing, bond terms, central banks, Climate Awareness EARN, DBR 2.6 08/15/34, EIB, EUR 47.3bn order book, EUR 5bn bond, EUR 60bn target, European Investment Bank, France, funding program, geographical demand, investor interest, J.P. Morgan, January 15 2035 maturity, January 8 2025, Joint Lead Manager, Luxembourg Stock Exchange, Morgan Stanley, Natixis, official institutions, oversubscribed, re-offer price, re-offer spread, re-offer yield, spread, United Kingdom
(IN BRIEF) The Supreme Court of New York has ruled against Ricardo Salinas Pliego and Grupo Elektra for failing to comply with court-ordered financial disclosures. The court found Salinas and his entities in contempt, imposing escalating daily fines, starting at … Read the full press release
Posted in Business, Financial, Germany, Investment, Law
Tagged alter ego motion, Astor Asset Management 3 Ltd, AT&T Mobility Holdings B.V., AT&T Mobility Holdings lawsuit, Banco Azteca, Banco Azteca court case, Contempt Of Court Order, financial obligations, grupo elektra, Grupo Elektra contempt case, Grupo Elektra legal sanctions, Grupo Salinas, Grupo Salinas alter ego ruling, Grupo Salinas Telecom II S.A. de C.V., Grupo Salinas Telecom S.A. de C.V., legal obligations, New York Court, Ricardo Salinas legal battle, Ricardo Salinas Pliego, Ricardo Salinas Pliego lawsuit, Salinas Pliego financial judgment, Supreme Court of New York, US court decision on Salinas, US court fines Grupo Salinas, USA Court
(IN BRIEF) Covestro is investing a low triple-digit million Euro sum to expand its operations in Hebron, Ohio, by adding multiple production lines for polycarbonate compounds and blends. This expansion will support the growing demand for high-quality materials in industries … Read the full press release
Posted in Business, Chemicals, Germany, Industrial, Investment
Tagged automotive, blends, compounding capabilities, Covestro, digitalization, electrification of mobility, electronics, engineering plastics, healthcare industries, Hebron, Lily Wang, Ohio, Pittsburgh, polycarbonate compounds, production lines, R&D center, Samir Hifri, Solutions & Specialties business, supply reliability, sustainable development, sustainable growth strategy, technology transfer, Thorsten Dreier, U.S., U.S. compounding plant
(IN BRIEF) Exus Renewables has acquired the 130MWp Cibele solar farm in Portugal from Lightsource bp, expanding its renewable energy portfolio in Iberia. Construction is set to begin soon, with operations expected to start in 2026. The solar farm’s strategic … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Portugal, United Kingdom
Tagged Capcora, Cascante 51MW, Cibele solar farm, construction, Cuatrecasas, energy transition, Enertis, Exus Renewables, hybrid energy, hybrid energy strategy, Iberia, Lightsource BP, Mott MacDonald, PLMJ, PORTUGAL, renewable energy goals, renewable energy portfolio, Solar Capacity, Spain, Wind and Solar Projects, wind energy
(IN BRIEF) ASSA ABLOY has announced its acquisition of 3millID Corporation and Third Millennium Systems Ltd, both specializing in physical access control solutions. These acquisitions will expand ASSA ABLOY’s offerings and support growth opportunities, particularly outside the United States. 3millID, … Read the full press release
Posted in Business, Industrial, Investment, Sweden, Technology
Tagged 3millID Corporation, Access Control Solutions, acquisition, ASSA ABLOY, Björn Lidefelt, closing conditions, commercial partnership, EBIT margin, Enterprise Customers, EPS, growth opportunities, HID, Highlands Ranch, Nico Delvaux, physical access control, Physical Access Control Solutions Business Area, technology, technology-driven solutions, Third Millennium Systems Ltd, transaction, UK, Wales
(IN BRIEF) While electronics have significantly advanced in speed, size, and capability, the form factor—mainly consisting of components on circuit boards in a box—remains largely unchanged. The growing demand for faster, smaller, and more capable devices presents a significant opportunity … Read the full press release
Posted in Automotive, Electronics & Machinery, Industrial, Marketing, Technology, United Kingdom
Tagged 3D electronics, 3D electronics market opportunity, 3D printed antennas, ADAS sensor suites, ADAS sensors, Additive Electronics, AEB tests, automotive, automotive cameras, Automotive Technology, Autonomous Vehicles, chalcogenide glasses, circuit boards, components, electronics, embedded lighting, IDTechEx, IMD, IME, IME developers, in-mold decorating, In-mold electronics, independent research, infrared cameras, infrared sensors, John Li, LED lighting panels, LWIR camera technology, LWIR cameras, market forecasts, Market Growth, market report, NCAP programs, NHTSA, Raghu Das, REPORT, Teledyne FLIR, Thermal cameras, vehicle interior lighting, “Infrared (IR) Cameras for Automotive 2025-2035
(IN BRIEF) Logicor has extended its lease agreement with Huhtamaki Foodservice in Czeladź, Poland, covering 34,600 square meters of warehouse and 2,700 square meters of office space. Huhtamaki, a global leader in sustainable packaging, has been operating in the region … Read the full press release
Posted in Business, Industrial, Poland, Transportation & Logistics
Tagged A4 motorway, brokerage services, Czeladź, distribution, Huhtamaki Foodservice, Huhtamaki Group, Katowice, LED installations, Logicor, logistics, long-term development, National Road No. 86, office space, parking area, Poland, Pyrzowice Airport, refurbishments, S1 expressway, Silesian region, skilled labor, strategic location, sustainability, Sustainable packaging, Triflow, warehouse
(IN BRIEF) Martin Lundstedt, CEO of Volvo Group, will deliver a keynote at CES 2025, highlighting the company’s strategy for decarbonizing the transport, mobility, and infrastructure sectors. Emphasizing the urgent need for action, Lundstedt called for accelerated adoption of zero-emission … Read the full press release
Posted in Automotive, Environment, Sweden, Transportation & Logistics
Tagged battery electric solutions, CES 2025, CES keynote, charging infrastructure, Clean Energy Production, climate change, decarbonization, freight volumes, hydrogen fuel cell technology, Incentives, infrastructure, Martin Lundstedt, mobility, paradigm shift, policymakers, renewable fuels, sustainable transport, The Venetian, TRANSPORT, transport system, Volvo Group, Volvo Group website, Zero-emission vehicles, ZEV
(IN BRIEF) Nordea has donated funds to support the University of Jyväskylä’s four-year research project focused on assessing the biodiversity footprint of economic activities. The research aims to improve understanding of how economic actions impact biodiversity, particularly in the Nordic … Read the full press release
(IN BRIEF) Evolution AB announced that Jacob Kaplan, the company’s CFO since 2016, will step down on February 18, 2025. Kaplan will continue to serve in an advisory role during the transition. Joakim Andersson, with extensive experience as a CFO … Read the full press release
Posted in Business, Entertainment, Financial, Industrial, Internet & Online, Investment, Management, News, Sweden, Technology
Tagged appointment, CFO Transition, Evolution AB, Joakim Andersson, leadership, Martin Carlesund
(IN BRIEF) Software GmbH has completed the sale of its Alfabet and Cumulocity businesses, following earlier divestments in July. This marks a strategic shift as the company refocuses on Adabas & Natural (A&N) and ARIS, now operating as standalone entities. … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged appointment, Christian Lucas, divestments, leadership, Martin Biegel, Martin Clemm, Robin Colman, Sanjay Brahmawar, Software GmbH, Toktam Khatibzadeh
(IN BRIEF) KION Group, in collaboration with Accenture and NVIDIA, unveiled a vision of the future warehouse at CES 2025 in Las Vegas. The companies are using advanced AI and simulation technologies, including digital twins powered by NVIDIA’s Omniverse and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Economy, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Accenture, AI-Driven Future, CES 2025, Jensen Huang, Julie Sweet, KION Group, NVIDIA, partnership, Rob Smith, Warehouse Operations
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