Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

Ahold Delhaize Repurchased 1,238,807 Shares as Part of €1 Billion Buyback Program

(IN BRIEF) Ahold Delhaize, a major retail company, has repurchased 1,238,807 of its common shares between April 22, 2024, and April 26, 2024, as part of its ongoing €1 billion share buyback program announced in November 2023. The shares were … Read the full press release

Uniper’s Bold Steps Towards Sustainability: New Reports, Targets, and Human Rights Commitment

(IN BRIEF) Uniper, a prominent energy company, has released its eighth Sustainability Report and its inaugural Climate Transition Plan, signifying a pivotal shift towards sustainability. The Climate Transition Plan outlines Uniper’s trajectory towards achieving carbon neutrality by 2040, ten years … Read the full press release

Axel Springer Prize for Young Journalism Honors Innovative Works and AI Integration

(IN BRIEF) The Axel Springer Prize for Young Journalism, renowned for recognizing exceptional journalistic talent, this year introduced a new category, “Future,” focusing on works related to artificial intelligence (AI) or produced with AI support. The awards ceremony celebrated young … Read the full press release

Kapsch TrafficCom Secures Contract for Swiss HGV Road Fee Collection System Until 2032

(IN BRIEF) Kapsch TrafficCom has been awarded a contract by the Swiss Federal Office for Customs and Border Security (BAZG) to provide and manage the heavy goods vehicle (HGV) road fee collection system until at least the end of 2032. … Read the full press release

Euronext Receives S&P Rating Upgrade to BBB+ with Positive Outlook

(IN BRIEF) Euronext, the leading pan-European market infrastructure, celebrates a significant milestone as S&P upgrades its rating from ‘BBB+, Stable Outlook’ to ‘BBB+, Positive Outlook’. This decision reflects Euronext’s successful integration of the Borsa Italiana Group, expansion of Euronext Clearing, … Read the full press release

Rheinmetall Launches Innovative Curb Charger Pilot Project in Nörvenich

(IN BRIEF) Rheinmetall, in collaboration with the municipality of Nörvenich and Westenergie AG, has initiated a pilot project to trial curb chargers on public roads in Nörvenich. This project aims to integrate Rheinmetall’s curb chargers into the municipality’s infrastructure, providing … Read the full press release

FUCHS SE Reports Strong Start to 2024 Despite Sales Decrease

(IN BRIEF) FUCHS SE has begun the financial year 2024 with positive results, despite a 6% decrease in sales revenues to EUR 877 million, attributed to price adjustments and negative currency effects. However, the company saw a 4% increase in … Read the full press release

EVBox Releases Impact Report 2023: A Comprehensive Review of Sustainability Milestones

(IN BRIEF) EVBox, a global leader in electric vehicle (EV) charging solutions, has unveiled its Impact Report 2023, showcasing the company’s dedication to sustainability and responsible business practices. The report highlights EVBox’s progress throughout 2023, emphasizing its commitment to environmental, … Read the full press release

Vattenfall Reports Strong Financial Performance and Renewable Energy Milestones in Q1 2024

(IN BRIEF) Vattenfall’s financial report for January-March 2024 highlights a 21% decrease in net sales, offset by a 45% increase in underlying operating profit and a 27% increase in operating profit. Profit for the period surged by 43%, indicating robust … Read the full press release

Drax Partners with ANDRITZ to Boost Renewable Energy Capacity at Cruachan Pumped Storage Plant

(IN BRIEF) Renewable energy company Drax has selected international technology group ANDRITZ as the main contractor for the upgrade of its Cruachan pumped storage power plant in Scotland. The project entails the installation of two new generating units, including pump … Read the full press release

ANDRITZ Enhances Sustainability and Efficiency at Essity’s Paper Mill in Prudhoe

(IN BRIEF) International technology group ANDRITZ has completed the upgrade of the combustion system on a through-air drying (TAD) tissue machine at Essity’s paper mill in Prudhoe, marking the third such upgrade for the global hygiene and health company. The … Read the full press release

Bechtle AG Transforms Rostock into European AI Hub in Partnership with Planet AI

(IN BRIEF) Bechtle AG is strategically positioning the Rostock location as a hub for innovative AI applications in collaboration with Planet AI, largely due to the proximity to the University of Rostock. The partnership, backed by a cooperation agreement since … Read the full press release

EIF Backs €100 Million Investment for Underprivileged Students’ Education in Germany and Spain

(IN BRIEF) The European Investment Fund (EIF) has committed to guaranteeing over €100 million in financing through three intermediaries in Germany and Spain. Aimed at providing better access to education and training for underprivileged students and learners, the initiative is … Read the full press release

Eurex Bolsters European Green Bond Market with New GC Pooling Green Bond Basket

(IN BRIEF) Eurex, on April 29, 2024, introduced a new Green Bond Basket within its GC Pooling segment, aimed at enhancing liquidity and efficiency in the European repo market for green bonds. This addition expands upon the existing three Green … Read the full press release

NMB Bank’s Sustainability Bond Listed on Luxembourg Stock Exchange’s Leading Platform

(IN BRIEF) Last Friday, NMB Bank Plc celebrated the listing of its dual-currency sustainability bond, named the NMB Jamii bond, on the Luxembourg Stock Exchange (LuxSE). The bond, showcased on the Luxembourg Green Exchange (LGX), raised approximately USD 157 million … Read the full press release

CapMan Nordic Infrastructure II Fund Surpasses €375 Million in Final Close, Doubling Predecessor’s Size

(IN BRIEF) CapMan Nordic Infrastructure II fund has reached its final closing at over €375 million, marking a significant milestone in its journey since its establishment in 2022. Managed by a team of 13 professionals based in Helsinki and Stockholm, … Read the full press release

Positive Results from DESTINY-Breast06 Trial: Enhertu Shows Promise in HER2-Low and HER2-Ultralow Breast Cancer Patients

(IN BRIEF) AstraZeneca and Daiichi Sankyo’s Enhertu, a HER2-directed antibody drug conjugate (ADC), has demonstrated significant progress in treating HER2-low and HER2-ultralow metastatic breast cancer following one or more lines of endocrine therapy. The high-level results from the DESTINY-Breast06 Phase … Read the full press release

AstraZeneca’s Truqap Receives EU Recommendation for ER-Positive Breast Cancer Treatment

(IN BRIEF) AstraZeneca’s Truqap, in combination with Faslodex, has received a positive recommendation from the European Medicines Agency (EMA) for treating estrogen receptor-positive, HER2‑negative locally advanced or metastatic breast cancer with specific genetic alterations. The recommendation follows promising results from … Read the full press release

Ørsted Streamlines European Onshore Renewables Focus with ENGIE Deal

(IN BRIEF) Ørsted, a global leader in renewable energy, is divesting its French onshore operations to ENGIE as part of its strategic realignment towards key European markets for onshore renewables. The share purchase agreement includes the sale of OSTWIND International … Read the full press release

EBRD Partners with Bunge Gıda to Empower Women Farmers in Turkey’s Olive Sector

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending an additional loan of US$25 million in Turkish lira to Bunge Gıda to support their working capital needs while expanding training opportunities for women olive farmers in Turkey. … Read the full press release