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Swedish Energy Giant to Invest Billions in Clean Energy Projects in Germany / Vattenfall commits over EUR five billion by 2028 to fossil-free energy production, e-mobility and related services in Europe's largest economy.
Berlin (ots) - Swedish energy company Vattenfall has announced an ambitious investment plan, pledging to invest more than EUR five billion by 2028 into renewable energy, e-mobility, and other sustainable solutions in Germany. "Germany is the fastest-growing market for renewable energy in Europe," said Vattenfall's ...
moreVorwerk Group Continues Global Expansion in Direct Sales / Strategic invests in Australia, New Zealand, Malaysia and Singapore
Wuppertal (ots) - The Vorwerk Group, a global leader in direct sales for high-quality household appliances, announces two significant expansions in the Asia-Pacific region. With the acquisition of the world's largest independent Thermomix® distributor in Australia and New Zealand, which was previously not part of ...
moreBravura to build large-scale lithium processing plant in Germany to provide lithium hydroxide to German automotive OEMs and suppliers from 2027
Frankfurt am Main, Germany (ots) - - Leading African mining group Bravura, sister entity to Africa’s largest indigenous oil and gas producer AITEO, to build large scale lithium processing plant in Germany by 2027. - Final site location in Germany to be determined in early 2025. - Lithium hydroxide, an essential ...
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PIONIERKRAFT raises a high seven-figure amount in Series A financing round from climate tech investor First Imagine!
more IBM Opens First European Quantum Data Center in Germany
Berlin (ots) - The American IT giant has selected the southwestern German town of Ehningen as the site for its second quantum computing facility worldwide. At the inauguration ceremony, German Chancellor Olaf Scholz highlighted that Germany has invested more than EUR 2 billion in quantum computing. “There is a great deal of capacity and willingness to use these facilities for research,” Scholz said. “We have the ...
moreGermany Records Record Rise in Installed Robotics
Berlin (ots) - The number of new industrial robots deployed in Germany rose by 7% in 2023 – marking the largest annual increase ever recorded. According to the International Federation of Robotics' "World Robotics 2024" report, 28,335 new industrial robots were installed in Germany. This significant rise is especially notable as robot installations declined in the world's four leading countries for robotics: China, ...
morePress release: Aurubis AG continues its strategic agenda and will increase its result in 2023/24 (Preliminary result/forecast)
One documentmoreGermany Moves Toward Greater Raw Materials Autonomy
Berlin (ots) - Dutch company AMG has opened Europe’s first lithium refinery plant in the eastern German area of Bitterfeld-Wolfen, as the German government pledges a billion euros to support domestic and international raw materials projects. The refinery is expected to produce 20,000 metric tons of battery-grade lithium hydroxide annually – sufficient to supply around half a million electric vehicle batteries. This ...
moreKoehler Group hits high revenue levels in 2023 financial year despite tough market conditions
moreInvestor group Jackermeier to participate in the bidding process for ENDOR AG
Landshut (ots) - - Participation of further investors possible - Logo rights potentially for sale The Jackermeier investor group will participate in the bidding process organised by goetzpartners for ENDOR AG. If an asset deal is prioritised over a capital increase by all shareholders, the investor group intends to give at least a selection of larger investors ...
moreTSMC Breaks Ground, Secures Subsidy for German Plant
Berlin (ots) - The Taiwan Semiconductor Manufacturing Company (TSMC) has begun work on a 10-billion-euro plant in Dresden as the European Union approves state assistance for the project. The symbolic ground-breaking ceremony in the eastern German city coincided with the European Commission’s approval of €5 billion in state subsidies for the chipmaker, providing a boost to the initiative. "The European Commission has ...
moreSharps Pixley launches new initiative to highlight the benefits of investing in gold
moreKörber and KKR announce the strategic acquisition of MercuryGate to strengthen their supply chain software business
moreGermany Attracts Another Billion-Euro Pharma Project
Berlin (ots) - French pharmaceutical giant Sanofi has confirmed it will invest 1.3 billion euros to expand insulin production in the western German city of Frankfurt am Main. Sanofi says the expansion will encompass around 36,000 square meters – the equivalent of five football fields – on the company’s existing BioCampus site. It will go operational in 2029. The project is being supported by the German national ...
morePM: DHL Group trifft Markterwartungen im zweiten Quartal / PR: DHL Group meets market expectations in the second quarter
DHL Group trifft Markterwartungen im zweiten Quartal - Konzernumsatz im zweiten Quartal 2024 mit EUR 20,6 Milliarden Euro leicht über dem Vorjahresniveau (Q2 2023: 20,1 Milliarden Euro) - Operatives Ergebnis (EBIT) mit 1,35 Milliarden Euro wie ...
4 DocumentsmoreValiantys acquires Contegix, an Atlassian consulting leader, to bolster North American presence
Paris (ots/PRNewswire) - Valiantys, a global leader in IT consulting with Atlassian, announces the acquisition of Contegix, a prominent innovator in Atlassian solutions for teams across various industries, including both private and Federal sectors. This strategic acquisition enhances Valiantys' presence and leadership in North America, particularly in the US Federal ...
moreMasdar, the Abu Dhabi Future Energy Company
Masdar Partners with Endesa in €1.7 Billion Renewable Energy Transaction in Spain
Abu Dhabi, Uae and Madrid (ots/PRNewswire) - - The transaction would see Masdar become a partner for 2.5 gigawatts (GW) of renewable energy assets in Spain, subject to regulatory approvals and other conditions - Masdar will invest €817m to acquire a 49.99% stake in 2GW of solar energy plants, with a potential BESS hybridization for up to 0.5 GW - Masdar has also ...
moreMilcobel Plans Sale of YSCO to Davidson Kempner and Intends to Focus on Dairy business
London and Kallo, Belgium (ots/PRNewswire) - Belgian dairy cooperative Milcobel today announced its intended sale of its subsidiary ice cream producer YSCO to Davidson Kempner Capital Management LP ("Davidson Kempner"), supported by Afendis Capital Management Limited ("Afendis") as an operating partner. Financial terms of the transaction were not disclosed. Houlihan ...
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Grünenthal announces significant investments in its Latin America production sites, further securing reliable medicine supply for patients
more KfW reduces funding needs to EUR 80 billion and strengthens its role as a driving force for digital capital market innovations
Frankfurt am Main (ots) - - Funding target for 2024 reduced from EUR 90 to 95 billion to EUR 80 billion - 10 years of Green Bonds - Made by KfW - new framework meets strong response - Digital capital market innovations implemented successfully - more projects in the pipeline In the first half of 2024, KfW raised the ...
moreQuantum Computing startup planqc raises 50 million euro
moreCHG-MERIDIAN acquires asset portfolio of Australian company Maia Financial Pty Limited
Sydney (ots) - • Acquisition supports regional growth in Australia and New Zealand • Portfolio expansion in the core sectors of IT, industrial equipment, and healthcare technology with a value of around AUD$500 million (€300 million) • Acquisition completed on June 28th, 2024 Global technology2use company CHG-MERIDIAN continues its strong growth path in ...
moreOSS Ventures Secures €8.5 Million to Propel the Future of Operations
Paris (ots/PRNewswire) - Fueling the Factory of the Future OSS Ventures, a leading industrial start-up studio in France, is thrilled to announce raising €8.5 million. This funding was led by Tikehau Capital, France 2030's French Tech Accélération 2 fund (Bpifrance), Etablissements Peugeot Frères, and business angels like Max Pog. Since late 2019, OSS Ventures has ...
moreGerman Environmental Protection Sector Records Impressive Growth
Berlin (ots) - Germany’s Federal Statistical Office says that 2022 turnover in goods and services in the sector reached 107.5 billion euros – an annual increase of 16.9 percent. Environmental protection is big business in Europe’s largest economy. And it’s grower bigger by the year, as the government figures show. The largest share of the nearly 108 billion euros of turnover in the sector came in climate ...
moreQPQ International to showcase Green Energy Financing Solutions at Intersolar 2024
more39 European cleantech innovators, investors, industry associations, researchers and NGOs call for expanding EIB guarantees to unlock EU industrial competitiveness
39 European cleantech innovators, investors, industry associations, researchers and NGOs call for expanding EIB guarantees to unlock EU industrial ...
One documentmoreGreenbrook announces series of promotions and team expansion
London (ots/PRNewswire) - Greenbrook, the specialist communications advisor to the investment industry, with particular expertise in private equity, private credit, hedge funds, debt restructuring, and special situations, is pleased to announce a series of promotions and welcome two additions to the team. Peter Hewer, who joined the firm in March last year, has been promoted to Partner. Peter brings 20 years' experience ...
moreDubai becomes the world metropolis for artificial intelligence
moreOECD Deems Germany “Global Leader” in Artificial Intelligence
Berlin (ots) - In a new report, the Organization for Economic Co-operation and Development found that Germany was a world-class environment for AI and pointed out room for further development and growth. The OECD study “Artificial Intelligence Review of Germany” praised Europe’s largest economy for showing “vision” and “leadership” in becoming one of the ...
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