Nexans selected as preferred bidder for EuroAsia Interconnector

European equities were steady as gains in automotive and banking stocks countered losses in other sectors like technology, which were weighed down by concerns of slowing growth and elevated interest rates. The Stoxx Europe 600 was little changed

Bravida acquires the company Bäckmans Rör AB and thereby strengthens its position in service and installation for industrial piping in central Sweden. The company has annual sales of SEK 52 million and 26 employees. Bäckmans Rör AB was

European stocks rallied on Thursday, as fresh data pointed to inflation slowing more than expected in the eurozone, while the bill to raise the US debt ceiling took a significant step forward in Washington. Europe’s region-wide Stoxx 600

European stocks rose on Friday, catching the tail of an overnight rally on Wall Street, as chipmakers boosted markets and signs emerged from Washington that politicians were approaching a deal on the US debt ceiling. Europe’s region-wide Stoxx

Bravida Finland acquires Hämeen Kiinteistöautomaatio Oy, thereby expanding its automation activities in southern Finland. The company has sales of around EUR 2.6 million and employs 17 people. Hämeen Kiinteistöautomaatio Oy is active in installation and maintenance services in

Europe’s economy is expected to grow faster than previously thought this year and next, despite high inflation and rising interest rates, according to the European Commission. The commission said the EU’s 27 members would grow at an average

European stocks rose, boosted by gains on Wall Street, as optimism over an eventual breakthrough for US debt-ceiling talks strengthened risk-taking.  Autos, technology and energy led the advance in Europe, although BT Group Plc slumped 10% after the

European stocks may open flat to slightly higher on Monday as investors react to hawkish comments from Fed officials and look for progress in U.S. debt ceiling talks. U.S. President Joe Biden said Sunday he remains “optimistic” about

Europe’s stock markets, the dollar and oil all had a spring back in their step on Thursday as a deflationary jolt from China made way for broader optimism ahead of what was set to be the Bank of

Europe’s main stock markets bumped higher at the open Wednesday, as cautious investors awaited an expected US Federal Reserve interest rate hike and digested a raft of earnings. London’s benchmark FTSE 100 index rose 0.5 percent to 7,811.56

By controlling and monitoring district heating at their premises directly via a mobile phone or tablet, property owners can reduce their energy use with the help of Proptech BOX – Heat. Property owners can cut their energy costs

Bravida Denmark acquires SCAN-EL A/S, thereby strengthening its offering in electrical installations and services. The company has sales of approximately DKK 33 million. SCAN-EL A/S was founded in 2003 and today operates both within installation and service in

Nexans launches the Mobiway™ MOB drum kit, an innovative connected cable transport & installation solution for medium to large-sized building projects. While traditional cable drums are bulky and unwieldy, Nexans’ Mobiway™ MOB is designed to make the process of manipulating

Bravida has signed a three-year agreement to provide technical FM services to Alstom. Bravida’s deliverables include technical service for offices, depots and production sites throughout Sweden.  Bravida will provide Alstom with technical FM services such as inspections, technical

Swissgrid, the national company in charge of Switzerland’s electricity transmission grid, has chosen Nexans through a bidding process for the project of burying the Very High Voltage (VHV) overhead power lines along the southern side of the Geneva-Cointrin airport. The

Nexans is working in Ivory Coast alongside Fondem to support the emergence of productive uses of electricity through the ERUPIE project (rural entrepreneurship around innovative productive uses of electricity). This partnership, launched in March 2023, will positively impact the economic development, skills, health

Bravida Finland acquires the business operations of the company Turun LaatuSähkö Oy, thereby expanding in southwestern Finland. The company has a turnover of EUR 1.8 million and 12 employees. Turun LaatuSähkö Oy offers a wide range of electrical