Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

Patent Victory: NORMA Group Wins Case Against Chinese Competitor Over Innovative Hose Clamp Technology

(IN BRIEF) NORMA Group has successfully won a patent infringement case against Chinese competitor Suzhou Shengnuo Connection Technology Co. Ltd. The Supreme People’s Court in Beijing ruled that Shengnuo’s product infringed on NORMA Group’s patented worm-drive hose clamp technology, known … Read the full press release

EY Report Predicts Radical Shift in Financial Controller Role Towards Value Creation and Innovation

(IN BRIEF) The EY DNA of the Financial Controller Report reveals that 86% of financial controllers expect their roles to change drastically by 2030, with a shift toward value creation and supporting business growth. Many controllers anticipate the need for … Read the full press release

Vattenfall Names Johan Dasht as New Senior Vice President for Business Area Generation

(IN BRIEF) Vattenfall has appointed Johan Dasht as the new Senior Vice President of its Business Area Generation, effective November 1. Dasht, currently leading the company’s hydro operations in the Nordics, will oversee Vattenfall’s hydro and nuclear power divisions. He … Read the full press release

Lille Secures €276 Million for Sustainable Transport Revolution: EIB and European Commission Fund Green Mobility Initiative

(IN BRIEF) The Métropole Européenne de Lille has secured a €245 million green loan from the European Investment Bank (EIB) to modernize its urban transport system, alongside a €31.5 million grant from the European Commission. This joint financing will support … Read the full press release

Perovskia Solar Powers Up IoT Sector with New Funding and Innovative Solar Technology

(IN BRIEF) Perovskia Solar, an Empa spin-off, has secured over two million Swiss francs in seed funding and signed contracts with more than ten major IoT companies. Specializing in custom-printed perovskite solar cells, the company aims to provide sustainable energy … Read the full press release

Driving Change: Hydro and Mercedes-Benz Launch Ambitious Amazon Sustainability Initiative

(IN BRIEF) Hydro and Mercedes-Benz have launched the “Corridor” program at Climate Week 2024 in New York, aimed at fostering sustainable development in the Brazilian Amazon. This long-term initiative will promote positive impacts for local communities and nature through partnerships … Read the full press release

Eviden Selected by CFL to Upgrade Railway Communication Systems for Enhanced Safety and Efficiency

(IN BRIEF) Eviden has been selected by the Luxembourg National Railway Company (CFL) to implement next-generation critical communication solutions to upgrade its GSM-R command and control network, enhancing safety and operational efficiency. The project, expected to be operational by late … Read the full press release

Eviden Secures RATP Contract to Enhance Metro Communication with TETRA Technology

(IN BRIEF) Eviden, part of the Atos Group, has won a contract from RATP to equip its MP14 and new MF19 metro trains and TW20 tramways with TETRA radio communication systems. This agreement includes the supply of 132 radio units, … Read the full press release

Schroders Solutions Chosen by Merseyside Pension Fund for £3.8 Billion Equity Protection Initiative

(IN BRIEF) Schroders Solutions has been selected to implement a £3.8 billion equity protection strategy for the Merseyside Pension Fund. This collaboration, part of the Northern LGPS framework, aims to safeguard the fund’s equity portfolios from market downturns ahead of … Read the full press release

Hanwha Ocean’s Rotor Sail Technology Receives Certification from DNV for Hazardous Zone Installation

(IN BRIEF) DNV has awarded Hanwha Ocean Type Approval Design Certification (TADC) for its innovative rotor sail technology, marking it as the first rotor sail certified for use in hazardous zones in South Korea. The certification confirms that the rotor … Read the full press release

BNP Paribas Expands Wealth Management Footprint in Germany by Acquiring HSBC’s Private Banking Division

(IN BRIEF) BNP Paribas has signed an agreement to acquire HSBC’s private banking operations in Germany, aiming to enhance its wealth management services and increase its assets under management to over €40 billion. This strategic acquisition targets growth within the … Read the full press release

Ahold Delhaize Repurchased 250,000 Shares as Part of €1 Billion Buyback Program

(IN BRIEF) Ahold Delhaize has repurchased 250,000 common shares between September 16 and September 20, 2024, at an average price of €30.85, totaling €7.7 million. This buyback is part of a larger €1 billion program announced in November 2023. To … Read the full press release

Energiekontor and Salzgitter Flachstahl Sign Pioneering Power Purchase Agreements for Solar Energy in Germany

(IN BRIEF) Energiekontor AG and Salzgitter Flachstahl GmbH have signed long-term power purchase agreements (PPAs) for two solar park projects in Mecklenburg-Western Pomerania. Energiekontor will supply Salzgitter with over 120 gigawatt-hours of green electricity annually, aiming to cut CO2 emissions … Read the full press release

Knorr-Bremse AG Launches 1.1 Billion Euro Bond, Paving the Way for Sustainable Investment

(IN BRIEF) Knorr-Bremse AG has successfully issued a dual-tranche bond totaling 1.1 billion Euro, marking its first Green Bond of 500 million Euro aimed at financing eligible green projects. The remaining 600 million Euro bond has a five-year maturity and … Read the full press release

ArcelorMittal Unveils AM/NS India’s Expansion Plans to Meet India’s Surging Steel Demand

(IN BRIEF) ArcelorMittal recently hosted an investor day at AM/NS India’s flagship steel plant in Hazira, Gujarat, to showcase its significant progress and future growth plans. AM/NS India, a joint venture between ArcelorMittal and Nippon Steel, aims to expand its … Read the full press release

wpd Highlights Global Growth and Wind Energy Expansion at WindEnergy 2024

(IN BRIEF) wpd will showcase its ongoing growth and future plans at WindEnergy 2024 in Hamburg from September 24 to 27. The company, a leader in wind farm development, operates in 31 countries and has a project pipeline exceeding 19 … Read the full press release

Ramboll Joins UN Green Jobs Pact, Pledges to Train 1,000 Young Professionals for Low-Carbon Economy by 2025

(IN BRIEF) Ramboll has partnered with the UN-led Green Jobs for Youth Pact, committing to train 1,000 young professionals by 2025 to address the skills gap in the low-carbon economy. In collaboration with the International Labour Organization (ILO), UNEP, and … Read the full press release

voestalpine Railway Systems Showcases Digital Innovations at InnoTrans 2024, Supports Major Global Rail Projects

(IN BRIEF) voestalpine Railway Systems is showcasing its advanced rail solutions at InnoTrans 2024 in Berlin, the world’s leading transport technology trade fair, which attracts over 130,000 visitors. The company is presenting a range of products and services, including digital … Read the full press release

Top African Venture Capital Leaders Recognized for Transforming Start-up Ecosystem at Oxford Programme

(IN BRIEF) At the Africa Venture Finance Programme hosted by Oxford University’s Saïd Business School, top African venture capital fund managers were recognized for their contributions to supporting start-ups across the continent. Awards were given to First Circle Capital, SpeedInvest, … Read the full press release

University of York Academics Celebrated Among World’s Top-Cited Scientists in New Global Rankings

(IN BRIEF) More than 150 researchers from the University of York have been recognized in the prestigious Stanford/Elsevier Top 2% Scientist Rankings, which highlights the most-cited scientists globally. The rankings, based on 2022 citation data, reflect the significant global impact … Read the full press release