Companies : Page 11

Egypt unveils new Suez Canal navigation charts for expanded route

February 7, 2025 The Suez Canal Authority (SCA) has issued updated navigation charts, signaling the operational launch of the expanded section in the Little Bitter Lake, a key component of the canal’s southern sector development project.

Maersk and Hapag-Lloyd launch Gemini Cooperation

February 7, 2025 Maersk A/S, a subsidiary of A.P. Moller – Maersk, and Hapag-Lloyd AG officially launched their collaborative ocean network, Gemini Cooperation, on February 1, 2025.

EU to support Envision AESC France's production of batteries for electric vehicles

February 7, 2025 The European Commission has approved, under EU State aid rules, a €48 million French measure to support Envision AESC France in setting-up a new factory for the production of Lithium-ion batteries for electric vehicles in Douai.

Ooredoo and ASN to build subsea cable for GCC countries and Iraq

February 7, 2025 Qatar-based Ooredoo Group announced on Thursday it has signed an agreement with Alcatel Submarine Networks (ASN) to build a new subsea cable connecting seven countries in the Gulf region.

Pratt & Whitney to expand manufacturing operations in North Carolina, create 325 jobs

January 31, 2025 Governor Stein announced that Pratt & Whitney will expand its turbine airfoil manufacturing plant in Buncombe County, a significant vote of confidence in western North Carolina.

GE Vernova to create 75 new jobs in Schenectady County, New York

January 31, 2025 Governor Kathy Hochul announced that GE Vernova has committed to investing at least $96 million into the company’s Advanced Research Center in Niskayuna, Schenectady County.

Skanska lands contract for rebuilding Lindsay C. Warren Bridge in North Carolina

January 31, 2025 Skanska has been awarded a $450 million contract by the North Carolina Department of Transportation to rebuild the Lindsay C. Warren Bridge in Columbia, North Carolina.

Ukrainian Railways raises train ticket prices to Poland, Hungary by 17%-37%

January 31, 2025 Ukrainian Railways will raise the ticket prices for international trains to Poland and Hungary by 17%-37% from February 1 due to losses from passenger traffic, which reached UAH 18 billion (414,545,760.00 euros) in 2024.

Ontario’s nuclear expansion creating more than 350 jobs in Cambridge

January 31, 2025 The Ontario government is helping create more than 350 jobs in Cambridge, Ontario, Canada.

Commission approves International Paper's acquisition of DS Smith, subject to conditions

January 31, 2025 The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of DS Smith Plc by International Paper Company.

KLM to cut 250 office jobs

January 31, 2025 In October 2024, Royal Dutch Airlines (KLM) announced a number of measures to structurally improve its financial and operational performance. \r\n

Port Houston awarded $25 million to build hydrogen fuelling station

January 24, 2025 The Department of Transportation (DOT) and the Federal Highway Administration (FHWA) have announced that the Port of Houston Authority received almost $25 million in grant funds.