Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

Fortum Completes 2024 Loviisa Nuclear Power Plant Maintenance, Enhances Fuel Supply with Westinghouse Partnership

(IN BRIEF) Fortum’s Loviisa nuclear power plant has completed its annual outages for 2024, with both units back online. Unit 2’s outage lasted 23 days, while Unit 1’s extended four-year maintenance took 39 days, with both experiencing minor delays due … Read the full press release

ESET Uncovers Telekopye Scam Network Targeting Booking.com and Airbnb Users through Compromised Hotel Accounts

(IN BRIEF) ESET Research has revealed that the Telekopye scam network has shifted its focus to targeting users of Booking.com and Airbnb through compromised hotel accounts. By sending fake payment issue emails and directing users to fraudulent booking sites that … Read the full press release

ESET Expands Vulnerability and Patch Management to Linux and macOS, Enhancing Security and Usability for Businesses

(IN BRIEF) ESET has enhanced its Vulnerability and Patch Management module to include Linux and macOS systems, expanding coverage and offering improved visibility and control through a new dashboard. The update supports both automated and manual vulnerability scanning, ensuring seamless … Read the full press release

EIB and LUMICKS Partner to Accelerate Cancer Drug Discovery with €20 Million Investment in Advanced Immunotherapy Tools

(IN BRIEF) Amsterdam-based LUMICKS has secured €20 million in venture debt from the European Investment Bank (EIB) to advance its next-generation cell avidity platform, which aims to accelerate the development of immunotherapies for cancer treatment. Supported by the InvestEU initiative, … Read the full press release

EIB and Intesa Sanpaolo Unveil €8 Billion Wind Energy Investment Initiative to Boost European Renewable Energy Sector

(IN BRIEF) The EIB and Intesa Sanpaolo have partnered to drive up to €8 billion in investment for Europe’s wind energy sector, leveraging a €500 million EIB counter-guarantee to enable Intesa Sanpaolo to create €1 billion worth of bank guarantees. … Read the full press release

EIB Global and Enel Colombia Partner to Boost Renewable Energy and Grid Infrastructure with $300 Million Loan

(IN BRIEF) EIB Global, a division of the European Investment Bank, has provided Enel Colombia with a $300 million loan to support the development of renewable energy projects and upgrades to the company’s power distribution infrastructure. This loan, backed by … Read the full press release

Merck Opens €290 Million Biosafety Testing Facility in Rockville to Enhance Drug Safety and Accelerate Testing Timelines

(IN BRIEF) Merck has officially opened a new €290 million biosafety testing facility in Rockville, Maryland, designed to meet the increasing global demand for biosafety testing services. This state-of-the-art facility consolidates various operations, including biosafety testing, analytical development, and cell … Read the full press release

Unilever Sells Russian Subsidiary to Arnest Group, Concluding Operations in the Country

(IN BRIEF) On October 10, 2024, Unilever announced the successful sale of its Russian subsidiary to Arnest Group, a local manufacturer specializing in perfumes, cosmetics, and household products. This transaction encompasses Unilever’s entire operations in Russia, including its four production … Read the full press release

Amey Launches Enhanced Early Careers Programme to Foster Future Engineering Leaders

(IN BRIEF) On October 10, 2024, Amey, a leading UK infrastructure services and engineering firm, announced the introduction of its revitalized Early Careers Programme, welcoming 137 new graduates, apprentices, and interns. This year’s cohort will engage in diverse roles across … Read the full press release

Roche Secures CE Certification for Groundbreaking Companion Diagnostic Aiding Gastric Cancer Treatment

(IN BRIEF) Roche has announced the CE certification of its VENTANA CLDN18 (43-14A) RxDx Assay, marking a significant advancement in companion diagnostics for patients with gastric and gastroesophageal junction (GEJ) adenocarcinoma. This diagnostic tool enables clinicians to identify patients who … Read the full press release

INEOS Energy Launches Electric-Driven Compressor for Enhanced Breagh Gas Field Production

(IN BRIEF) INEOS Energy has successfully launched an electric-driven compressor at the Teesside Gas Processing Plant, significantly boosting gas flows from the Breagh Gas Field. This advancement is crucial for ensuring a stable domestic gas supply for UK homes and … Read the full press release

Thyssenkrupp and TITAN Group Collaborate on Major Carbon Capture Project in Greece

(IN BRIEF) Thyssenkrupp has partnered with TITAN Group to advance one of Europe’s largest carbon capture initiatives, the IFESTOS project, which focuses on modernizing the Kamari cement plant in Greece. The collaboration will integrate advanced oxyfuel technology, enabling the facility … Read the full press release

Heathrow Airport Welcomes NFL Teams for London Games Celebration

(IN BRIEF) Heathrow Airport is gearing up to host NFL teams and fans as they arrive in the UK for the much-anticipated 2024 NFL London Games. To mark this occasion, the airport is unveiling its own “gameday stats” and honoring … Read the full press release

ABP and Sarens Collaborate to Propel Floating Offshore Wind Development at Port Talbot

(IN BRIEF) Associated British Ports (ABP) has entered a strategic partnership with Sarens, a leader in heavy lifting and engineering transport, to promote the implementation of Floating Offshore Wind (FLOW) technology in the Celtic Sea. This collaboration aims to utilize … Read the full press release

Integrated Wind Solutions Partners with NIB to Drive Offshore Wind Innovation Toward Net Zero

(IN BRIEF) Integrated Wind Solutions (IWS), a Norway-based company focused on the offshore wind industry, is advancing its commitment to renewable energy through a comprehensive range of services that support the entire lifecycle of offshore wind farms. Established in 2020 … Read the full press release

NIB Revamps Environmental Bond Framework to Propel Low-Carbon Initiatives

(IN BRIEF) NIB has announced its updated Environmental Bond Framework, along with a new Climate Strategy and Sustainability Policy, all aimed at promoting a low-carbon future. The bank received a “Dark Green” Second Opinion from S&P Global Ratings, affirming its … Read the full press release

NIB Supports FinVector’s New Gene Therapy Facility in Kuopio to Enhance Cancer Treatment Capabilities

(IN BRIEF) FinVector, a leading biopharmaceutical company, has inaugurated a cutting-edge production facility in Kuopio, Finland, aimed at manufacturing gene therapy products. The new Finport facility, which is set to become one of the world’s largest for such therapies, represents … Read the full press release

CapMan Infra Expands Investment in Hamina’s Energy Infrastructure

(IN BRIEF) CapMan Infra has announced a significant investment in Hamina, Finland, through its CapMan Nordic Infrastructure II fund, acquiring full ownership of Haminan Kaukolämpö Oy and Haminan Sähköverkko Oy from Haminan Energia. This acquisition aims to enhance the utilization … Read the full press release

The Road to Sustainable Electric Motors for EVs: IDTechEx Analyzes Key Factors

(IN BRIEF) Electric vehicles (EVs) are essential for decarbonizing the transport sector, yet concerns regarding the sustainability of materials used in their electric motors persist. A recent IDTechEx report predicts a demand for over 160 million electric motors annually by … Read the full press release

Expert Panel Formed by Russell Group to Guide Universities in Advancing UK Industrial Strategy

(IN BRIEF) The Russell Group has established an expert advisory panel to enhance the role of UK research-intensive universities in supporting the government’s Industrial Strategy. This initiative aims to maximize the contribution of universities to economic growth and public service … Read the full press release