The European Commission has endorsed two significant project proposals from the “Jožef Stefan” Institute’s Nanostructured Materials Department with high marks, allocating €15.4 million for research on permanent magnets essential for the Green Transition. Leading the SINGLE-GRAIN RE-ENGINEERED Nd-Fe-B PERMANENT MAGNETS (GREENE) project, Assoc. Prof. Dr. Kristina Žužek will oversee the project coordination and efforts in developing high-energy Nd-Fe-B-based magnets, innovatively engineering them at the single grain level, with a funding of €2 million. This project includes setting up a demonstration line in Slovenia. The BEETHOVEN project researchers the SUBSTITUTION OF RARE EARTHS FOR ADVANCED NOVEL MAGNETS IN ENERGY AND TRANSPORT APPLICATIONS, with a €0.5 million contribution to the institute, with Dr. Petra Jenuš in the lead. This project aims to innovate in magnet technology by replacing rare earth elements with high-entropy alloys, ferrite composites, and W-type ferrites. The financing agreement is expected to be signed in spring 2024.