Fondo Cometa, has become the first major Italian asset owner to agree to join the United Nations Principles for Responsible Investment (PRI). The Fondo Cometa is Italy’s largest pension fund and manages €5.7 billion. Milan-based Cometa has approximately 470,000 members is the fund for metals industry workers. “We are proud to be the first Italian…
Author Archives: Derrik Brunner
France Intends to Raise Eur2 Billion from Auctioning The LTE Licenses
French Industry Minister, Eric Besson has confirmed that France hopes to raise approximately US$2.7 billion (Eur2 billion) from the sale of LTE licenses in 2011. Besson said “We are relatively confident,” because “These [800Mhz] frequencies are of very, very high quality.” French Telecom has already begun testing LTE technology. Recently, the regulator has extended the…
Siemens’ Prepares Indian Finance Fund
The fund is to start operations by March 2011, and with a major concentration in the health-care industry. Siemens Financial Services (SFS) is the financial services division of the big German technology company Siemens AG. SFS will be offering a complete range of services in India. The company has requested the Reserve Bank of India’s…
A 3.4 Megawatt Solar Power Plant Will Be Built In Italy by SunPower Partners and E.ON Climate and Renewables
SunPower Corp. and E.ON Climate and Renewables Italia Solar Srl agreed that SunPower will design and construct a ground-mounted solar power facility in Italy’s Lazio region. The facility should be completed by May 2011. Christophe Jurczak, director of PV at E.ON said “We are happy to colaborate with SunPower on this important plant, as we…
France Telecom concludes agreement with French Media Companies
France Telecom’s Orange group has signed an agreement with French press companies to distribute content online. The group is developing partnerships with internet content providers. Orange has publicized that it signed a deal in principle with GIE E-PRESSE PREMIUM. This organization includes France’s five biggest newspapers and three weekly magazines. Orange will distribute the free…
German President Wulff Praises German-Israeli Scientific Projects.
This week, President Wulff visited the Hebrew University campus where tens of projects are underway with research institutions in Germany. German universities and the Hebrew University of Jerusalem are jointly undertaking many research projects. These include researching brain function and tracking demented people with global positioning system devices to document their cognitive decline – due…
Italian Finmeccanica Company Signs a 2 Billion Dollar Deal With Russian Railways
The Italian company Finmeccanica and the Russian Railways have signed a memorandum of understanding on the creation of a joint venture to develop telecommunications, signaling, safety and automation technology for the Russian Railway. This joint venture will develop and manufacture equipment for 50 railway lines, 100 vehicles and 100 railway stations by 2020. The estimated…
3i Group to acquire Stork Materials Technology
The Netherlands Company, Stork N.V., an aerospace company will sell Stork Materials Technology B.V. (SMT), a provider of product testing, materials testing, consulting services and failure analysis. 3i Group plc, a UK-located private equity and venture capital firm is buying SMT for GBP130 million. Deloitte LLP, McKinsey & Company, Rothschild, Inc. and Wyvern Partners are…
The Dutch Investments Increase In Turkey
According to the Ambassador of the Netherlands in Turkey, Dutch investments in Turkey will expand because of the improving environment for investments. Ambassador Jan-Paul Dirkse explained that Turkey’s improving investment environment and has led to extensive trade ties between the Netherlands and Turkey. “Dutch companies invested EUR 4.3 billion in Turkey in the year 2009,…
SIOS Technology Corp. Joins With Computerlinks Netherlands To supply Resellers and Customers With Business Continuity Solutions
SIOS Technology Corp., a provider of cloud computing, business continuity solutions and data center management for small and medium sized companies, announced that Computerlinks Netherlands will be providing SIOS’ SteelEye business continuity and disaster recovery solutions to integrators and resellers in the Benelux area. The SteelEye package guarantees continuing availability of business-critical applications, servers and…
