Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

Holcim in 1H2021: new records in Recurring EBIT, free cash flow and earnings per share

Growth momentum continues, net sales +16.6% LFL Significant margin increase in all regions, Recurring EBIT +72.2% LFL Record Free Cash Flow1 of CHF 814m, +9% 7 bolt-on acquisitions, successful start of Firestone Building Products Guidance for FY2021 Recurring EBIT growth … Read the full press release

Saab AB shares buy-back: 444.000 own shares of series B repurchased during week 29-30 2021

(PRESS RELEASE) STOCKHOLM, 30-Jul-2021 — /EuropaWire/ — Saab AB (STO: SAAB-B), leading company in the military defence and civil security markets, has announced the number of shares of series B it bought during week 29-30 2021 as part of the … Read the full press release

Siemens Gamesa in 3QFY2021: order backlog increase underlines further commitments to a decarbonized economy

Order backlog amounted to €32.6bn, underpinned by further commitments to a decarbonized economy; Siemens Gamesa logged €11.8bn order intake in the last twelve months Rising commodity prices and higher ramp-up costs for the 5.X platform resulted in provisions for onerous … Read the full press release

BAE Systems to progress the design and development of Tempest, the UK’s Future Combat Air System

(PRESS RELEASE) FARNBOROUGH, 29-Jul-2021 — /EuropaWire/ — BAE Systems announces that it has been awarded by the Ministry of Defence (MOD) a contract worth approximately £250m to progress the design and development of Tempest, the UK’s Future Combat Air System … Read the full press release

Siemens Mobility and Continental Engineering Services to accelerate production of truck pantographs

Siemens Mobility and Continental cooperate in manufacturing pantographs for trucks Initiative of the Ministry of Transport recommends eHighway on 4,000 kilometers of autobahn (PRESS RELEASE) MUNICH, 29-Jul-2021 — /EuropaWire/ — Siemens Mobility announces partnership with Continental Engineering Services (CES) to … Read the full press release

Hydro further invests at its Cressona facility in Pennsylvania

(PRESS RELEASE) OSLO, 29-Jul-2021 — /EuropaWire/ — Hydro announces its EUR 41 million ($48.3 million) investment for asset modernization in Cressona, Pennsylvania, to support the growing transportation, distribution, and industrial market segments in North America. The company will continue its … Read the full press release

TotalEnergies acquires Bluecharge, the largest electric vehicle charging network in Singapore

(PRESS RELEASE) PARIS/ SINGAPORE, 28-Jul-2021 — /EuropaWire/ — TotalEnergies announces the acquisition of ‘Blue Charge’ from Bolloré Group. Upon the approval of the relevant authorities, TotalEnergies will manage and operate Singapore’s largest electric vehicle (EV) charging network, with more than … Read the full press release

DNV appointed one of the auditors for the CrewSafe programme in South East Asia

(PRESS RELEASE) BÆRUM, 28-Jul-2021 — /EuropaWire/ — DNV, the world’s leading classification society and risk management expert, announces that it has been selected as an auditor in the multi-party backed CrewSafe programme. With this appointment, DNV embarks on an instrumental … Read the full press release

T-Systems extends collaboration with Google Cloud to help key industries in their journeys to cloud and digital transformations

T-Systems to become a strategic industry solutions integrator and innovation partner for Google Cloud in key industries Deutsche Telekom subsidiary is now also a managed services provider for Google Cloud (PRESS RELEASE) BONN, 27-Jul-2021 — /EuropaWire/ — T-Systems and Google … Read the full press release

BMW transfers know-how from the automotive sector to concepts for micromobility vehicles with the introduction of innovative cargo bike and e-scooter

Innovative design concepts for city-centre travel Electrified bicycle Concept DYNAMIC CARGO promises high variability, everyday usability and sheer cycling pleasure e-scooter Concept CLEVER COMMUTE with remarkably compact de-sign thanks to folding mechanism (PRESS RELEASE) MUNICH, 26-Jul-2021 — /EuropaWire/ — BMW … Read the full press release

ANDRITZ to deliver galvanizing furnace for new coating line for the production of 3rd-generation Advanced High Strength Steel in China

(PRESS RELEASE) GRAZ, 26-Jul-2021 — /EuropaWire/ — ANDRITZ, Graz, Austria-based international technology group active in the supplies of plants, equipment, systems and services across multiple industries, has announced it has received an order from Valin ArcelorMittal Automotive Steel Co., Ltd., … Read the full press release

Holcim milestone: the company’s green concrete ECOPact now available in 24 markets

ECOPact now available in 24 markets across all five regions just one year since global launch ECOPact reduces carbon footprint of concrete by at least 30%, contributing to Holcim’s net zero targets A milestone in Holcim’s transformation to become the … Read the full press release

German developer wpd to plan Kon Plong onshore wind energy project in Vietnam

(PRESS RELEASE) BREMEN, 23-Jul-2021 — /EuropaWire/ — wpd, a German developer and operator of wind farms on- and offshore and solar parks, has announced it will be planning the Kon Plong onshore wind energy project in the Vietnamese province of … Read the full press release

Kuehne+Nagel’s subsidiary QuickSTAT opens new control tower in Singapore for time-critical clinical trial logistics

(PRESS RELEASE) SINGAPORE, 22-Jul-2021 — /EuropaWire/ — Kuehne+Nagel, one of the world’s leading logistics companies, has announced that its subsidiary QuickSTAT has opened a new control tower and conditioning facility in Singapore. The investment is part of Kuehne+Nagel and QuickSTAT’s … Read the full press release

Solidaridad part of three-year EU funded project to support local economic and social development initiatives in Modjo Leather City, Ethiopia

(PRESS RELEASE) UTRECHT, 22-Jul-2021 — /EuropaWire/ — Solidaridad, an international civil society organization active in over 40 countries with 8 regional offices on 5 continents, has announced that it is part of a consortium with People in Need (PIN), the … Read the full press release

Lloyds Bank Recovery Tracker June 2021: UK hospitality businesses grow at the fastest rate in nine years

UK tourism and recreation sector output grew at the fastest rate since January 2012. The output of every UK sector monitored grew for a third consecutive month in June. However, only five out 14 sectors posted faster month-on-month growth down … Read the full press release

Skanska to build highway section between Staré Město – Moravský Písek in Czech Republic for EUR 77M

(PRESS RELEASE) STOCKHOLM, 19-Jul-2021 — /EuropaWire/ — Multinational construction and development company Skanska announces that it has signed a EUR 77M (SEK 780M) worth contract with National Highway Authority of the Czech Republic for the construction of a highway section … Read the full press release

ANDRITZ to help Shandong Huatai Paper, China upgrade its existing BCTMP plant into world’s largest pulping line for P&W paper production

Start-up is scheduled for the fourth quarter of 2022. (PRESS RELEASE) GRAZ, 19-Jul-2021 — /EuropaWire/ — International technology Group ANDRITZ announces that it will supply upgrade to an existing BCTMP (bleached chemi-thermo-mechanical pulp) plant and turn it into the world’s … Read the full press release

Continental: ATE Ceramic brake winner of the brake test of ADAC, Germany’s largest automobile club

ATE Ceramic ranks highest in a comparison with five other brake systems Outstanding safety and durability: top score for wear resistance, second-best rating for braking distance (PRESS RELEASE) SCHWALBACH, Germany, 16-Jul-2021 — /EuropaWire/ — Continental (ETR: CON), a German multinational … Read the full press release

BAE Systems to deliver next-generation 2-Color Advanced Warning System for the U.S. Army

Award is the third of four production lots (PRESS RELEASE) FARNBOROUGH, 15-Jul-2021 — /EuropaWire/ — BAE Systems (LON: BA), a British multinational arms, security, and aerospace company, has announced it has received a $62 million contract from the U.S. Army … Read the full press release

BAE Systems to deliver support and training to a new joint UK-Qatar Hawk squadron

(PRESS RELEASE) FARNBOROUGH, 15-Jul-2021 — /EuropaWire/ — BAE Systems (LON: BA), a British multinational arms, security, and aerospace company, has announced that it will deliver support and training to a new joint UK-Qatar Hawk squadron based at RAF Leeming, UK … Read the full press release

BAE Systems and Safran joint venture FADEC Alliance marks its 10,000th LEAP EEC delivery

The LEAP EEC is part of the full authority digital engine control (FADEC) used to monitor and control aircraft engine performance during flight. (PRESS RELEASE) FARNBOROUGH, 14-Jul-2021 — /EuropaWire/ — BAE Systems (LON: BA), a British multinational arms, security, and … Read the full press release

British premium brand MINI in 1H 2021: 157,799 vehicles sold worldwide, 30,000 units of the fully electric MINI Cooper SE

Since its market launch, more than 30,000 units of the fully electric MINI Cooper SE have already been sold worldwide. The plug-in hybrid model MINI Cooper SE Countryman ALL4 also underlines the growing enthusiasm for sustainable driving fun with steadily … Read the full press release

New DRI and EAF installations in Gijón to reduce carbon emissions at ArcelorMittal’s Spanish operations

New DRI and EAF installations in Gijón will reduce carbon emissions at the company’s Spanish operations by approximately 50%. The DRI installation in Gijón will also enable ArcelorMittal Sestao to be the world’s first full-scale zero carbon-emissions¹ steel plant. (PRESS … Read the full press release

ŠKODA AUTO’s main plant in Mladá Boleslav starts the production of the 4th generation ŠKODA FABIA based on VW’s MQB-A0 platform

ŠKODA AUTO has invested 110 million euros in modifying its production lines Fourth-generation ŠKODA FABIA is based on Volkswagen Group’s MQB-A0 platform More than 4.5 million units delivered since the first-generation model was introduced in 1999 Small car from the … Read the full press release

ŠKODA AUTO Sustainability Report 2019/2020: recycling of all disposable waste; CO2-neutral production at Vrchlabí; unbureaucratic help in combating COVID-19

Clearly defined sustainability targets are an integral part of ŠKODA AUTO’s corporate strategy Environment: Material or thermal recycling of all disposable waste generated in the production process; CO2-neutral production at the Vrchlabí site. Social responsibility: Comprehensive measures to support relief … Read the full press release

Enel Green Power España to supply 270 GWh/year renewable power to Johnson & Johnson

Enel Green Power España, has signed a 10-year Pan-European Virtual Power Purchase Agreement (VPPA) with Johnson & Johnson for the supply of 270 GWh/year of renewable power, starting in January 2023 The power supply will be produced by a hybrid … Read the full press release

Vattenfall and Preem investigate the potential of the first 50 MW electrolysis plant at Preem’s Lysekil refinery

The conditions are excellent for building an electrolysis plant for producing hydrogen gas for biofuel in Lysekil, as shown by the study conducted in the spring. Producing hydrogen through fossil-free methods can reduce CO2 emissions by at least 80% compared … Read the full press release

AEA Investors LP managed funds to acquire 100 percent of Polygon Holding AB from Triton

(PRESS RELEASE) STOCKHOLM, 12-Jul-2021 — /EuropaWire/ — Triton advised by Triton Partners (“Triton”) has announced it has signed an agreement with funds managed by AEA Investors LP (“AEA”) for the sale of Polygon Holding AB. AEA, together with the management … Read the full press release

Barry Callebaut opens its third factory in Russia

Further strengthening of presence in Russia The factory in Kaliningrad region will be the Group’s third in Russia Opening will further strengthen the presence of Barry Callebaut in the world’s third-largest chocolate confectionery market¹ Factory will be operational in August … Read the full press release