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MVM has acquired one of the leading energy trading companies in the Czech RepublicJuly 27, 2021

MVM has acquired one of the leading energy trading companies in the Czech Republic

Following the approval of the European Commission, the transaction has been completed by which MVM Zrt. has acquired 100 percent ownership of innogy Česká republika a.s. The energy company, now belonging to the MVM Group, supplies more than 1.6...
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Ericsson accelerates 5G for Enterprise with acquisition of CradlepointJuly 26, 2021

Ericsson accelerates 5G for Enterprise with acquisition of Cradlepoint

Ericsson has agreed to acquire Cradlepoint, the US-based market leader in Wireless Edge WAN 4G and 5G Enterprise solutions. The investment is key to Ericsson’s ongoing strategy of capturing market share in the rapidly expanding 5G Enterprise...
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Volkswagen and Uber launch pilot project with electric vehicles in BerlinJuly 25, 2021

Volkswagen and Uber launch pilot project with electric vehicles in Berlin

Volkswagen together with the intermediation platform Uber, launched a pilot project for the utilization of electric vehicles within the sustainable ride hailing service “Uber Green”. Within the framework of a virtual event, Uber hire car partners...
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Drive up to 78 km on electric power: The New Audi A3 Sportback 40 TFSI eJuly 24, 2021

Drive up to 78 km on electric power: The New Audi A3 Sportback 40 TFSI e

Up to 78 kilometers (48.5 mi) of electric range (NEDC) and 150 kW (204 PS) of system output: Audi presents the A3 Sportback 40 TFSI e. The compact plug-in hybrid is locally emissions-free, offers sporty driving performance with high efficiency,...
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Henkel and Keystone collaborate for 3D printing solutions in the dental industryJuly 24, 2021

Henkel and Keystone collaborate for 3D printing solutions in the dental industry

Henkel and Keystone Industries (Keystone) have announced a collaboration between the companies for additive manufacturing solutions in the dental industry. The collaboration will enable Henkel to add dental applications to its 3D printing...
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Nokia selected as nationwide supplier of 5G RAN by Elisa FinlandJuly 22, 2021

Nokia selected as nationwide supplier of 5G RAN by Elisa Finland

Nokia today announced that it has been selected by leading Finnish mobile operator Elisa as the nationwide supplier of 5G RAN. Nokia, which will provide its AirScale 5G RAN portfolio, will deliver enhanced ultra-fast, low-latency mobile broadband...
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Philips expands peripheral vascular disease portfolio with the QuickClear mechanical thrombectomy system for blood clot removalJuly 21, 2021

Philips expands peripheral vascular disease portfolio with the QuickClear mechanical thrombectomy system for blood clot removal

Royal Philips, a global leader in health technology, announced the launch of the innovative QuickClear mechanical thrombectomy system. The compact, single-use system provides an all-in-one aspiration pump and catheter for the removal of blood...
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Continental AG: Supervisory board approves reorganization planJuly 20, 2021

Continental AG: Supervisory board approves reorganization plan

In its meeting, the Supervisory Board of Continental AG approved the structural measures at the German locations Aachen, Karben and Regensburg as well as the termination of the joint venture with Osram. As things stand, all of the comparable...
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BASF closes divestiture of its Construction Chemicals businessJuly 19, 2021

BASF closes divestiture of its Construction Chemicals business

On September 30, 2020, effective at midnight, BASF closed the divestiture of its Construction Chemicals business to an affiliate of Lone Star, a global private equity firm. The purchase price on a cash and debt-free basis is €3.17 billion. The...
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Volvo Cars starts production of fully electric XC40 RechargeJuly 18, 2021

Volvo Cars starts production of fully electric XC40 Recharge

The XC40 Recharge is the first of several fully electric Volvos to come and today’s production start represents a significant step towards Volvo Cars’ ambition to reduce its CO2 footprint per car by 40 per cent by 2025. That same year, it expects...
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Subaru Selects Veoneer to Manufacture New Generation EyeSightJuly 17, 2021

Subaru Selects Veoneer to Manufacture New Generation EyeSight

The automotive technology company Veoneer, Inc., has partnered with Subaru to introduce the new generation EyeSight on the all-new Subaru Levorg. Veoneer will begin producing systems for the Japan market starting later this year.
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Audi inspires international pioneers at the Bits & Pretzels eventJuly 14, 2021

Audi inspires international pioneers at the Bits & Pretzels event

Under the motto “Let’s talk about progress” Audi invited experts from all over the world to take the virtual stage at the Bits & Pretzels event. In order to be an active partner providing added value to the start-up community, Audi and its guests...
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Bayer to accelerate transformation to address challenging market environment and enable additional growth investmentsJuly 12, 2021

Bayer to accelerate transformation to address challenging market environment and enable additional growth investments

Bayer AG announced today that the company confirms its adjusted outlook for 2020 and expects 2021 sales at approximately 2020 levels despite significant headwinds from the COVID-19 pandemic, especially in the agricultural market. Core earnings...
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Nokia reaches 100 5G deals and 160 commercial 5G engagementsJuly 9, 2021

Nokia reaches 100 5G deals and 160 commercial 5G engagements

Nokia announced that it has signed 17 new 5G commercial deals since Q2 earnings announcement. With these wins, the company now has 100 commercial 5G deals with individual customers and a total of 160 commercial 5G engagements, including paid trials.
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SOTIO Acquires Rights to BOXR CAR-T Platform and Products from Unum TherapeuticsJuly 6, 2021

SOTIO Acquires Rights to BOXR CAR-T Platform and Products from Unum Therapeutics

SOTIO, a clinical stage immuno-oncology company owned by PPF Group, today announced that it has acquired the rights to Unum Therapeutics’ (Nasdaq: UMRX) BOXR cell therapy platform and BOXR lead programs to develop novel T cell therapies for the...
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BASF Venture Capital invests in leading industrial artificial intelligence company IntelliSense.ioJuly 1, 2021

BASF Venture Capital invests in leading industrial artificial intelligence company IntelliSense.io

IntelliSense.io and BASF Venture Capital (BVC) today announced that BVC is leading a strategic investment round in IntelliSense.io with follow-on participation from a group of U.K.-based technology angel investors including Dr. Steve Garnett and...
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Enter Air to Purchase up to Four Boeing 737-8 JetsJune 30, 2021

Enter Air to Purchase up to Four Boeing 737-8 Jets

Boeing and Enter Air today announced the Polish airline is expanding its commitment to the 737 family with a new order for two 737-8 airplanes plus options for two more jets.
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Nokia and StarHub conduct first live 5G non-standalone network trial in SingaporeJune 28, 2021

Nokia and StarHub conduct first live 5G non-standalone network trial in Singapore

Nokia and Singapore-based operator StarHub are conducting South East Asia’s first live 5G non-standalone (NSA) network trial across Singapore, running until 16 February 2021. With StarHub as the first and early adopter of 5G services in...
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SEAT transforms its Prototype Development Centre and commits to 3D printingJune 25, 2021

SEAT transforms its Prototype Development Centre and commits to 3D printing

In its commitment to constant innovation, SEAT has recently transformed its Prototype Development Centre (PDC) located in the heart of the SEAT plant in Martorell. The company has completed a new 3,000 m2 building in Workshop 3, unifying all...
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Volkswagen steps up electric offensive: Series production of ID.4 begins in ZwickauJune 23, 2021

Volkswagen steps up electric offensive: Series production of ID.4 begins in Zwickau

Volkswagen’s electric offensive continues to gather speed: Series production of the brand’s first all-electric SUV, the ID.4, gets underway in Zwickau. The world premiere of the ID.4 follows at the end of September. Volkswagen is thus...
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Bayer announces resolution of U.S. Essure™ claimsJune 21, 2021

Bayer announces resolution of U.S. Essure™ claims

Bayer announced today that it has reached agreements with plaintiff law firms to resolve approximately 90% of the nearly 39,000 total filed and unfiled U.S. Essure™ claims involving women who allege device-related injuries. The settlements...
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Veoneer and Volvo Cars finalize split of software joint venture ZenuityJune 19, 2021

Veoneer and Volvo Cars finalize split of software joint venture Zenuity

The automotive technology company, Veoneer, Inc., has finalized the split of Zenuity, its software and ADAS joint venture with Volvo Cars. As part of the split, Veoneer received IP licenses and strengthened its software and systems team with...
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Volvo Cars Tech Fund invests in blockchain technology firm CirculorJune 10, 2021

Volvo Cars Tech Fund invests in blockchain technology firm Circulor

Volvo Cars has made an investment in blockchain technology firm Circulor through the Volvo Cars Tech Fund, the company’s venture capital investment arm.
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Volvo Cars and Plugsurfing offer Europe-wide charging service on all electric modelsJune 9, 2021

Volvo Cars and Plugsurfing offer Europe-wide charging service on all electric models

Drivers of fully electric Volvo Recharge models in Europe will soon have easy access to over 200,000 charging points, as the company has selected charging firm Plugsurfing as its partner of choice, enabling seamless long-distance travel across...
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Transformation continuing apace: Zwickau car factory to produce only electric models in futureJune 8, 2021

Transformation continuing apace: Zwickau car factory to produce only electric models in future

The last model with a combustion engine left the assembly line today at the Zwickau car factory. The seventh generation Golf R Estate with 2.0-litre petrol engine in Oryx White Pearl Effect was produced for a customer in Germany. From today on,...
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