Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

Airbus Begins Production of Galileo Second Generation Satellites in Germany

(IN BRIEF) Airbus has commenced full-scale production of the Galileo Second Generation (G2) satellites at its facility in Friedrichshafen, Germany. The first satellite flight model structure has arrived from Beyond Gravity in Zurich and will undergo final integration and testing … Read the full press release

Hamburg Airport Joins International “Hydrogen Hub at Airport” Network to Advance Hydrogen Infrastructure in Aviation

(IN BRIEF) Hamburg Airport has become the first German member and the 12th overall member of the international “Hydrogen Hub at Airport” network. This network aims to promote the expansion of hydrogen infrastructure in aviation and includes members from airports, … Read the full press release

Vestas Secures 46 MW Repowering Order for Eurus Kamaishi Wind Farm in Japan

(IN BRIEF) Vestas, a leading wind turbine manufacturer, has received a repowering order from Eurus Energy Holdings Corporation for the Eurus Kamaishi Wind Farm in Japan’s Iwate prefecture. The 46 MW order includes the supply and installation supervision of 11 … Read the full press release

Hydro Completes $1.11 Billion Sale of Stake in Brazilian Alumina Refinery and Bauxite Producer

(IN BRIEF) Norwegian aluminum company Hydro has successfully concluded a $1.11 billion transaction involving the sale of a 30% interest in the Brazilian alumina refinery, Hydro Alunorte, as well as Hydro’s 5% stake in bauxite producer Mineracão Rio do Norte … Read the full press release

TenneT Receives 47 Responses to Draft Investment Plans 2024-2033

(IN BRIEF) Dutch grid manager TenneT has collected 47 responses from stakeholders regarding its draft investment plans for the period 2024-2033, which were made public on November 1. These investment plans outline the expansion and replacement projects for both onshore … Read the full press release

Arkema Expands its Portfolio with 54% Stake Acquisition in PI Advanced Materials

(IN BRIEF) Arkema has completed the acquisition of a 54% stake in PI Advanced Materials (PIAM), a South Korean company specializing in polyimide films for advanced electronics and electric mobility markets. PIAM holds a dominant global market share of over … Read the full press release

BrauBeviale 2023 Marks Successful Return as Key Event for Brewing and Beverage Industry

(IN BRIEF) BrauBeviale 2023, Europe’s leading trade fair for the brewing and beverage industry, concluded with success after a four-year hiatus. The event attracted strong visitor demand from over 120 countries, representing all sectors of the beverage industry. Exhibitors focused … Read the full press release

RWE Partners with Masdar for UK Offshore Wind Project in Commitment to Clean Energy

(IN BRIEF) RWE has entered into an agreement with Masdar, a clean energy leader, to collaborate on the UK Dogger Bank South (DBS) offshore wind development projects. Masdar will acquire a 49% stake in the projects, while RWE will retain … Read the full press release

Bentley Completes Global Relay to Celebrate 20 Years of the Continental GT

(IN BRIEF) Bentley has successfully completed a unique global relay to mark the 20th anniversary of the Continental GT, culminating in the arrival of a specially-made 20th-anniversary baton in Crewe. The relay spanned multiple continents, visiting 20 journalists and content … Read the full press release

Deutsche Telekom Unveils Plans for UEFA EURO 2024 Coverage, Fan Engagement, and Network Optimization

(IN BRIEF) Deutsche Telekom, a network supplier, national sponsor, and TV rights holder for UEFA EURO 2024TM, has announced its extensive plans for next summer’s sporting event. As a proud partner of UEFA, Deutsche Telekom will provide high-speed networks for … Read the full press release

Škoda Begins Production of Fourth-Generation Superb at Bratislava Plant, Enhancing Efficiency and Capacity

(IN BRIEF) Škoda Auto has commenced the production of the fourth modern generation of the Superb at the Volkswagen brand plant in Bratislava, just four weeks after its global unveiling near Prague. This strategic move, relocating the Superb’s production from … Read the full press release

Shell Completes Sale of Home Energy Businesses to Octopus Energy Group

(IN BRIEF) Shell Petroleum Company Limited, through its subsidiary Impello Limited, has successfully finalized the sale of its home energy businesses, Shell Energy Retail Limited (SERL) in the UK and Shell Energy Retail GmbH (SERG) in Germany, to Octopus Energy … Read the full press release

SDG Loan Fund Mobilizes Over $1.1 Billion to Advance United Nations Sustainable Development Goals in Emerging Markets

Allianz Trade Study Reveals Gap Between Perceived and Actual Inflation, with Germany Experiencing Significant Disparity

(IN BRIEF) The SDG Loan Fund, managed by Allianz Global Investors and originated and managed by FMO Investment Management, has successfully mobilized over $1.1 billion in private capital to support the United Nations Sustainable Development Goals (SDGs) in emerging and … Read the full press release

Logicor’s Flagship Redevelopment of Logicor Park Daventry Achieves Construction Milestone

(IN BRIEF) Logicor, a prominent European logistics real estate owner, manager, and developer, has achieved a significant construction milestone in the redevelopment of its flagship UK scheme, Logicor Park Daventry. Acquired in 2021, the site is being transformed into three … Read the full press release

Bill Martyn-Smith of Logicor Honored with ‘Rising Star’ Award at Industrial Agents Society Awards

(IN BRIEF) Bill Martyn-Smith, the UK Asset Manager at Logicor, has been recognized with the prestigious “Rising Star” award at the annual Industrial Agents Society Awards in London. This accolade is highly regarded in the industry, acknowledging outstanding achievements and … Read the full press release

EBRD Extends $45 Million Financial Facility to Promote Green Lending and Trade in Uzbekistan

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is supporting green lending and trade expansion in Uzbekistan by providing a financial facility of up to $45 million (€42.5 million) to Ipak Yuli Bank, a major private lender in … Read the full press release

Global Green Bond Initiative and African Development Bank Partner to Foster Green Bond Markets in Africa

(IN BRIEF) A coalition of development finance institutions and multilateral organizations forming the Global Green Bond Initiative (GGBI) has established a strategic partnership with the African Development Bank to collaborate on technical assistance aimed at promoting green bond markets in … Read the full press release

EU-Catalyst Partnership Announces €240 Million Investment in Groundbreaking Green Tech Projects

(IN BRIEF) At COP28 in Dubai, Commission President Ursula von der Leyen, Bill Gates, Founder of Breakthrough Energy, and European Investment Bank President Werner Hoyer revealed the first two European projects selected for support through the EU-Catalyst partnership: Ørsted’s FlagshipONE … Read the full press release

EIB and HBOR Agreement to Provide Half a Billion Euros to Croatian SMEs and Green Projects

(IN BRIEF) The European Investment Bank (EIB) and Hrvatska banka za obnovu i razvitak (HBOR) have signed an agreement to allocate €500 million to support Croatian small and medium-sized enterprises (SMEs), mid-cap companies, and public-sector entities. The initial tranche of … Read the full press release

EIB Launches EU4Business Guarantee Facility to Boost SME Financing in Eastern Partnership Countries

(IN BRIEF) The European Investment Bank (EIB) Group has introduced the EU4Business Guarantee Facility, in collaboration with the European Investment Fund, aimed at supporting small and medium-sized businesses (SMEs) in Eastern Partnership countries, including Armenia. This initiative provides partial portfolio … Read the full press release

TotalEnergies to Divest Minority Stake in South African Natref Refinery to Prax Group

(IN BRIEF) TotalEnergies has revealed its strategy to divest non-core assets by signing an agreement to sell its 36.36% minority stake in the National Petroleum Refiners of South Africa (Natref) to the Prax Group. The Natref refinery, situated in Sasolburg, … Read the full press release

RWE’s Kårehamn Offshore Wind Farm Celebrates 10 Years of Reliable Green Energy Generation

(IN BRIEF) RWE’s Swedish offshore wind farm, Kårehamn, located in the Baltic Sea near the Island of Öland, has marked a decade of successful operation since its commissioning in October 2013. This offshore wind facility consists of 16 turbines, each … Read the full press release

New Study Highlights Soaring Consumer Debt Levels in UK Households

(IN BRIEF) A recent survey conducted by the University of Bristol on behalf of the abrdn Financial Fairness Trust has revealed alarming levels of consumer debt in the majority of UK households. The study found that nearly two-thirds of households … Read the full press release

FlagshipONE: Ørsted’s Carbon-Neutral Shipping Initiative Secures EU-Catalyst Partnership Support at COP28

(IN BRIEF) At COP28, Ørsted announced that its FlagshipONE project, Europe’s largest e-methanol plant, has received support from the EU-Catalyst Partnership, including the European Commission, Breakthrough Energy Catalyst, and the European Investment Bank. This partnership will aid in advancing carbon-neutral … Read the full press release

Rexel Appoints Roger Little as CEO of the USA and USA-Canada Cluster, Enhancing Leadership Team for Electrifying Solutions

(IN BRIEF) Rexel, a global leader in electrical distribution and solutions, has named Roger Little as the Chief Executive Officer (CEO) for the USA and the leader of the USA-Canada cluster, effective from December 18, 2023. Roger Little, who has … Read the full press release

Leading Institutions Join VINCI in Fourth Cycle of Environmental Research

(IN BRIEF) VINCI, in partnership with AgroParisTech, Mines Paris-PSL, and École des Ponts ParisTech, has renewed its commitment to environmental research with a budget of €6 million until 2028. The collaboration aims to address key environmental challenges, including energy efficiency … Read the full press release

Skanska Secures $106M Contract to Construct North Carolina State University’s State-of-the-Art Integrative Sciences Building

(IN BRIEF) Skanska, a leading construction company, has announced a new contract agreement with North Carolina State University for the construction of a cutting-edge integrative sciences building in Raleigh, North Carolina, USA. This project, valued at USD 106 million (approximately … Read the full press release

Sanofi’s CHC Launches Shared Care Collective with Global Experts to Advance Health and Sustainability Initiatives

(IN BRIEF) Sanofi’s Consumer Healthcare business unit (CHC) has introduced the Shared Care Collective, an advisory board consisting of experts from various fields, both internal and external, to bolster sustainability efforts within the CHC business. This initiative aims to foster … Read the full press release

University of Liverpool Researcher Secures Wellcome Trust Career Development Award to Investigate Coronavirus Replication Mechanisms

(IN BRIEF) Dr. Edward Emmott, a researcher at the University of Liverpool, has received the prestigious Wellcome Trust Career Development Award, a highly competitive fellowship. This funding will support Dr. Emmott’s crucial research efforts aimed at gaining a deeper understanding … Read the full press release

Yara Eyde: Pioneering Emission-Free Shipping with Clean Ammonia-Powered Container Ship

(IN BRIEF) Yara Clean Ammonia, North Sea Container Line, and Yara International have collaborated to create the groundbreaking Yara Eyde, the world’s first container ship to be fueled by clean ammonia. This innovative vessel will embark on an emission-free sea … Read the full press release

Green Energy Initiative: Iberdrola and bp pulse’s €1 Billion Plan for High-Speed EV Charging Across Iberia

(IN BRIEF) Iberdrola and bp pulse have officially launched their joint venture, aiming to create an extensive high-speed electric vehicle (EV) charging network in Iberia. The venture plans to invest €1 billion and deploy 5,000 charging points in Spain and … Read the full press release

Vestas Secures 203 MW Wind Turbine Order for Unnamed US Wind Project

(IN BRIEF) Renewable energy company Vestas has recently received a substantial order for 45 V163-4.5 MW wind turbines, totaling 203 MW in capacity, for an undisclosed wind project in the United States. The order encompasses the supply, delivery, and commissioning … Read the full press release

France’s Textile Recycling Revolution: Nouvelles Fibres Textiles Launches Automated Plant

(IN BRIEF) Nouvelles Fibres Textiles, in partnership with Pellenc ST and ANDRITZ, has inaugurated France’s first automated textile recycling plant. This pioneering facility, launched on November 30, 2023, marks a significant step toward a circular economy for textiles. The plant’s … Read the full press release

Vattenfall’s Annika Ramsköld Leads Sustainability Agenda at COP28

(IN BRIEF) Vattenfall, a key player in the European energy transition, is actively participating in COP28, the 28th UN Climate Conference, held from November 30th to December 12th in the United Arab Emirates. Head of Sustainability, Annika Ramsköld, is representing … Read the full press release

German Navy’s NH90 Sea Tiger Helicopter Successfully Takes Maiden Flight

(IN BRIEF) In a significant milestone, the NH90 Sea Tiger, destined for the German Navy’s shipborne operations, has completed its inaugural flight at Airbus Helicopters’ Donauwörth site in Germany. This achievement marks a crucial step forward as Airbus Helicopters proceeds … Read the full press release

Nierstichting and NWO Partner to Advance Kidney Transplant Survival

(IN BRIEF) Despite technological advancements, the long-term survival of transplanted kidneys has seen little improvement in the past two decades, with approximately 40% of transplanted kidneys being rejected within ten years. In response, the Nierstichting and NWO are collaborating in … Read the full press release

Marcel Levi Re-elected Vice-President on the Renewed Board of Science Europe

(IN BRIEF) Marcel Levi, NWO board chair, has been re-elected as vice-president on the newly constituted board of Science Europe, a European partnership of research funders and performers. His two-year term will extend until November 2025. Levi was previously a … Read the full press release

Irizar e-mobility Utilizes Recycled Aluminium Produced with Green Hydrogen in Electric Buses

(IN BRIEF) Irizar e-mobility, a Spanish electric vehicle manufacturer, has become the first company to incorporate recycled aluminium produced using green hydrogen into their products. Hydro Extrusions, their supplier, produced the recycled aluminium in Navarra, Spain, using green hydrogen, which … Read the full press release

Kapsch TrafficCom AG Reports Voting Rights and Share Capital Changes Following Capital Increase

(IN BRIEF) Kapsch TrafficCom AG, in accordance with the Austrian Stock Exchange Act, has disclosed that as of the end of November 2023, the total number of voting rights stands at 14,300,000, matching the company’s share capital of EUR 14,300,000.00. … Read the full press release

GTT and COSCO Shipping (Qidong) Offshore Ink Deal for Offshore LNG Technology Construction

(IN BRIEF) Paris-based GTT has entered into a Technical Assistance and License Agreement (TALA) with COSCO Shipping (Qidong) Offshore, a subsidiary of China COSCO Shipping Corporation Limited. Under this agreement, COSCO Shipping (Qidong) Offshore gains the rights to construct GTT’s … Read the full press release