Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

Bentley Residences Miami: Where Luxury Living Meets Automotive Artistry

(IN BRIEF) Bentley Motors, in collaboration with Dezer Development, has broken ground on Bentley Residences Miami, the first-ever Bentley-branded residential tower, located on an exclusive oceanfront stretch in Sunny Isles Beach. Featuring 216 private residences with innovative car lifts and … Read the full press release

Deutsche Telekom Unveils Network-Based Cybersecurity Solutions at Mobile World Congress

(IN BRIEF) At the Mobile World Congress in Barcelona, Deutsche Telekom (DT) introduces “Magenta Security on Net,” a new line of network-based security products designed to protect customers from the growing threats of cybercrime while on the go. These innovative … Read the full press release

Enhancing Cycling Safety: Lazer Sport Partners with Siemens Xcelerator

(IN BRIEF) Lazer Sport NV, a prominent European cycling helmet manufacturer, has partnered with Siemens Digital Industries Software to develop their latest innovation, KinetiCore rotational impact protection technology. Through the adoption of Siemens Xcelerator portfolio, Lazer Sport aims to enhance … Read the full press release

Siemens Unveils Gridscale X DER Insights Software to Enhance Grid Visibility and Support Net-Zero Goals in the US

(IN BRIEF) Siemens has introduced Gridscale X DER Insights software, aiming to revolutionize grid management and support the US’s goal of achieving net-zero emissions by 2050. As distributed energy resources (DERs) proliferate, utilities face operational challenges in managing grid stability … Read the full press release

Siemens Unveils Gridscale X Software to Accelerate Grid Decarbonization and Digital Transformation

(IN BRIEF) Siemens has introduced Gridscale X, a groundbreaking software solution aimed at revolutionizing grid management and facilitating the energy transition. Gridscale X empowers utilities to rapidly scale grid capacity, manage the complexity of distributed energy resources (DERs), and enhance … Read the full press release

Škoda Auto India Unveils Plans for New Compact SUV to Propel Market Growth

(IN BRIEF) Škoda Auto India has announced the development of an all-new compact SUV, marking the next phase of its product expansion strategy following the successful launches of the Kushaq and Slavia models. Scheduled for debut in the first half … Read the full press release

Orange and BNP Paribas Forge Partnership for Seamless Banking Experience Across France and Spain

(IN BRIEF) In a significant move towards enhancing customer service, Orange and BNP Paribas have finalized agreements following exclusive negotiations initiated in June 2023. The partnership entails various arrangements aimed at providing banking continuity and innovative solutions for Orange Bank … Read the full press release

EBRD Hosts Western Balkans Investment Summit, Spotlighting Regional Potential

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) convened the Western Balkans Investment Summit 2024 in London, welcoming the heads of government from Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia. The summit aimed to showcase … Read the full press release

EBRD Reinforces Commitment to Türkiye’s Tech Sector with Follow-On Investment in Dgpays

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has solidified its support for Türkiye’s burgeoning technology sector by investing in Dgpays, a rapidly expanding tech firm. Partnering with Truffle Capital, the EBRD’s follow-on investment in Dgpays underscores its … Read the full press release

Naturgy Demonstrates Resilience with 20% Increase in Net Profit for 2023

(IN BRIEF) Naturgy, a prominent energy group, announced strong financial results for 2023 despite challenging market conditions. Their EBITDA increased by 11%, reaching 5,475 million euros, with a 20% rise in net profit to 1,986 million euros. The company heavily … Read the full press release

Leading Healthcare Giant Fresenius Establishes ESG Advisory Board

(IN BRIEF) Fresenius, a global healthcare group, has appointed an independent advisory board to focus on sustainability issues. Comprising four experts from various fields, the board will support the development of Fresenius’ sustainability strategy. This move reflects Fresenius’ commitment to … Read the full press release

150 Years Strong: Brenntag Reflects on Milestones and Achievements

(IN BRIEF) Brenntag, the global leader in chemicals and ingredients distribution, is commemorating its 150th anniversary in 2024. Originating as an egg wholesale business in Berlin in 1874, Brenntag has evolved into a DAX-listed company with a worldwide presence. Throughout … Read the full press release

Vattenfall Advances Plans for Negative Emissions Facility in Jordbro, Stockholm

(IN BRIEF) Vattenfall is progressing with its initiative to establish a facility in Jordbro, Stockholm, capable of capturing up to 150,000 tonnes of carbon dioxide annually from a biomass-fueled heat plant. This endeavor represents a crucial step towards achieving negative … Read the full press release

Outokumpu Oyj repurchased 543,921 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu has concluded its share repurchase program, acquiring a total of 543,921 of its own shares across various trading venues. This initiative, part of a larger buyback program announced in November 2023, aimed to repurchase up to 11 … Read the full press release

EBRD Invests €30 Million in Sustainable Real Estate Projects Across Baltic and Eastern Europe

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is bolstering sustainable real estate initiatives in the Baltic states and central and eastern Europe with a €30 million investment in UAB Urban Hub Holding, a joint venture with UAB … Read the full press release

EIB Provides €81 Million Loan for Nuremberg School’s Green Transition

(IN BRIEF) The Martin-Behaim-Gymnasium grammar school in Nuremberg is set to transition into a new, eco-friendly building thanks to an €81 million loan from the European Investment Bank (EIB). This state-of-the-art facility, constructed with wood and equipped with solar panels, … Read the full press release

Arkema Advances Climate Plan with Long-Term Renewable Energy Agreements

(IN BRIEF) Arkema has taken significant steps towards its climate plan goals by signing long-term renewable energy agreements for multiple sites across the United States. These agreements, with energy providers like Tennessee Valley Authority (TVA), Entergy, and 3Degrees, are expected … Read the full press release

BP Announces Cash Tender Offer for Notes

(IN BRIEF) BP p.l.c. has initiated a cash tender offer through its subsidiary, BP Capital Markets p.l.c., to acquire any validly tendered and accepted Notes issued by the Offeror, up to an aggregate principal amount of $1,000,000,000. The Tender Offer, … Read the full press release

Orange Business and Cisco Forge Partnership to Drive Greenhouse Gas Emission Reductions

(IN BRIEF) Orange Business and Cisco have entered into a Memorandum of Understanding (MoU) to jointly tackle greenhouse gas (GHG) emissions, furthering their commitment to sustainability. The agreement entails collaboration on creating an emissions baseline, implementing circular economy practices, and … Read the full press release

Telefónica Chairman Highlights Industry Transformation and Collaborative Vision at MWC 2024

(IN BRIEF) José María Álvarez-Pallete, Chairman of Telefónica, addresses the Mobile World Congress, reflecting on the transformative vision realized within the industry over the past year, particularly with the widespread adoption of Open Gateway. He underscores the collaborative efforts among … Read the full press release

Telefónica Redefines Sports Experience with ‘Telefónica Open Gateway’ Demo at MWC 2024

(IN BRIEF) At Mobile World Congress (MWC) 2024, Telefónica introduces the ‘Telefónica Open Gateway’ demo, showcasing an innovative way to experience sports through immersive virtual reality (VR) technology powered by Open Gateway APIs. Partnering with YBVR, a leading VR company … Read the full press release

Telefónica Unveils ‘Smart Industry: Leading the Change’ Demo at MWC 2024

(IN BRIEF) Telefónica showcases its technological prowess at Mobile World Congress (MWC) 2024 with the unveiling of the ‘Smart Industry: Leading the Change’ demo. This comprehensive demonstration highlights Telefónica’s capabilities in digitizing and automating industrial processes using advanced technologies such … Read the full press release

Telefónica Unveils Immersive Gaming Experience Powered by Network and Edge Computing

(IN BRIEF) At Mobile World Congress (MWC) in Barcelona, Telefónica introduces the Telefónica Edge Haptic Arena, a groundbreaking gaming experience that leverages its network and Edge Computing capabilities. Combining Extended Reality (XR) graphics, haptic technology, fiber connectivity, cloud rendering, and … Read the full press release

Telefónica and TikTok Collaborate on Open Gateway to Enhance User Security

(IN BRIEF) Telefónica and TikTok have announced a strategic partnership at Mobile World Congress (MWC) to collaborate on Open Gateway, an initiative by the GSMA aimed at unlocking the potential of telecom network capabilities through open and standardised APIs. Initially … Read the full press release

Telefónica Partners with Microsoft to Integrate AI Studio into Kernel 2.0

(IN BRIEF) Telefónica announces its collaboration with Microsoft to integrate Azure AI Studio into Telefónica Kernel 2.0, enhancing the capabilities of Kernel by incorporating generative AI into its workflows. The partnership aims to leverage the advancements in Large Language Models … Read the full press release

trinamiX Unveils Groundbreaking Consumer Spectroscopy Solution at MWC Barcelona 2024

(IN BRIEF) trinamiX GmbH debuts its latest innovation, the Consumer Spectroscopy solution, at the Mobile World Congress in Barcelona. This cutting-edge technology integrates a near-infrared (NIR) spectrometer into a smartphone reference design powered by Qualcomm’s Snapdragon® 8 Gen 3 platform, … Read the full press release

Deutsche Telekom Unveils Vision for AI Integration, Innovative Routers, and Enhanced Network Security at MWC Barcelona 2024

(IN BRIEF) At the Mobile World Congress 2024, Deutsche Telekom (DT) showcases its vision for integrating artificial intelligence (AI) into everyday communication, presenting prototypes of AI-powered smartphones designed for seamless task automation. Collaborating with Qualcomm and Brain.ai, DT explores AI … Read the full press release

Global Telco AI Alliance Formed by Industry Leaders to Revolutionize Customer Service with Tailored Language Models

(IN BRIEF) Deutsche Telekom, e& Group, Singtel, SoftBank Corp., and SK Telecom announce the establishment of the Global Telco AI Alliance (GTAA) during the Mobile World Congress 2024. Their joint venture aims to develop Large Language Models (LLMs) customized for … Read the full press release

Deutsche Telekom Unveils ‘Concept T’: Redefining Future Communication with Human-Centered Design

(IN BRIEF) Deutsche Telekom unveils its visionary “Concept T” at the Mobile World Congress 2024, offering a glimpse into the future of personal communication and connectivity. Comprising three design studies, “Concept T” explores innovative approaches to router functionality, incorporating cutting-edge … Read the full press release

Deutsche Telekom and Sony Achieve Breakthrough in 5G Live Video Production Testing

(IN BRIEF) Deutsche Telekom and Sony celebrate a milestone in live video production with the successful testing of Nevion’s VideoIPath media orchestration platform using 5G network APIs. Leveraging Sony’s cutting-edge video compression technology and Nevion’s bandwidth management capabilities, the solution … Read the full press release

Deutsche Telekom Launches Game-Changing Network API ‘Number Verify’ for Enhanced Digital Security

(IN BRIEF) Deutsche Telekom introduces the groundbreaking Number Verify API, marking a significant leap in digital security and fraud prevention for its customers. This innovative API streamlines the verification of mobile phone numbers, eliminating the need for SMS-based two-factor authentication … Read the full press release

Lloyds Bank Spearheads Trade Innovation: Joins WaveBL for Digital Bill of Lading Transfer

(IN BRIEF) Lloyds Bank makes history as the first UK bank to integrate with the WaveBL electronic trade documentation platform, revolutionizing international trade processes for its clients. By leveraging blockchain-based electronic Bills of Lading (eBLs), Lloyds Bank facilitates swift and … Read the full press release

EBRD Invests €2.5 Million in Kyiv Medical University for New Campus Amidst Ukrainian Conflict

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is allocating €2.5 million to Kyiv Medical University (KMU) to establish a new campus in Poland, providing critical support amidst the ongoing conflict in Ukraine. With a strategic focus on … Read the full press release

Plenitude’s New Ravenna Ponticelle Photovoltaic Plant Energizes Industrial Regeneration

(IN BRIEF) Plenitude, Eni’s Benefit Corporation focusing on renewable energy production and energy solutions, announces the operational status of the Ravenna Ponticelle photovoltaic plant, boasting a 6 MW installed capacity. Situated on 11 hectares of industrial land, the plant features … Read the full press release

AXA Launches Tender Offer for Subordinated Notes in Debt Optimization Move

(IN BRIEF) AXA has initiated an any and all cash tender offer for two series of its subordinated notes, including the GBP 350,000,000 Fixed to Floating Rate Undated Deeply Subordinated Notes issued on July 6, 2006, and the GBP 723,925,000 … Read the full press release

Garanti BBVA Unveils Turkey’s Largest Banking Technology Center

(IN BRIEF) Garanti BBVA, a pioneer in shaping the future of the banking industry through technology, has inaugurated Garanti BBVA Technology, the largest tech center within the Turkish banking sector, also known as the “tech factory.” With a strategic focus … Read the full press release

BMT Unveils CAIMEN® Large Design to Enhance Australia’s Amphibious Capabilities

(IN BRIEF) BMT, a global leader in ship design and technical consultancy, has unveiled the CAIMEN® Large design, strategically positioned to bolster Australia’s Landing Craft-Heavy (LC-H) requirements amid the nation’s focus on enhancing amphibious capabilities in littoral environments. Graeme Nayler, … Read the full press release

Jacky Perrenot to Acquire Agediss, Expanding Logistics Dominance in France and Europe

(IN BRIEF) French transport giant Jacky Perrenot has finalized an agreement to acquire 100 percent of the shares in Agediss, a leading 2-man handling specialist for furniture and large-volume goods in France. The acquisition, signed on February 10, 2024, marks … Read the full press release

Voydeya Recommended for EU Marketing Authorization as PNH Treatment Add-On

(IN BRIEF) Voydeya (danicopan), a first-in-class oral Factor D inhibitor, has been recommended for marketing authorization in the European Union (EU) as an add-on to ravulizumab or eculizumab for adult patients with paroxysmal nocturnal haemoglobinuria (PNH) who experience residual haemolytic … Read the full press release

Infineon Technologies AG Initiates Share Buyback Program for Employee Participation

(IN BRIEF) Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) has announced its decision, approved by the Supervisory Board, to acquire up to 7,000,000 shares via the stock exchange, with a total purchase price of up to €300 million. The … Read the full press release