European business news in short

In this week’s European business news in short, a new photovoltaic company has been given approval by the European Commission, Royal Dutch Shell states that it is making progress towards sustainability, and the results of a European tender for groundwater measurement are announced.

The Royal Dutch/Shell Group of companies has announced that its latest annual report proves that the Group is strengthening its business case for sustainable development. Shell cites achievements such as the cutting of greenhouse gases by 10% relative to 1990 levels, and the fact that the group is the top-ranked energy company in the Dow Jones Sustainability Index.

Environmental instrumentation company, Casella, has announced that it has acquired EMC Environmental Engineering Ltd & Monitor (Europe) Ltd. The acquisition allows Casella to develop its role in the environmental market and secure its position as a market leader across a wider spread of environmental subjects, says Casella.

Meanwhile, in the renewable energy field, the European Commission has authorised the creation of Photovoltech, a joint venture between Belgian companies Electrabel NV and Soltech NV, belonging to the Suez group. Photovoltech will be active in the production and sale of solar cells and modules intended for terrestrial applications.

Finally, groundwater equipment specialist GeoRemediation, has announced that it has been awarded a prestigious European-wide tender contract for the supply and installation of over 100 in-situ miniTROLL intelligent water level sensors. The temperature and pressure logging sensors will form an integral part of the Natural Environment Research Council’s Lowland Catchment Research Project in the UK.

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