Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

PUMA and Mercedes-AMG PETRONAS F1 Team Launch Exclusive Mad Dog Jones Collection

(IN BRIEF) PUMA, in collaboration with the Mercedes-AMG PETRONAS Formula One Team, introduces a groundbreaking collection by Mad Dog Jones, blending style, performance, and motorsport. Inspired by the vibrant energy of Miami’s Thermal Vision, the collection captures the chromatic vibrancy … Read the full press release

FORVIA HELLA Shareholders Approve Dividend Proposal at Annual General Meeting

(IN BRIEF) FORVIA HELLA GmbH & Co. KGaA, in its Annual General Meeting held on April 26, 2024, saw its shareholders overwhelmingly approve the proposed dividend, maintaining the company’s established dividend policy. With a dividend payout of €0.71 per share, … Read the full press release

Energiekontor Advances Oederquart Repowering Wind Park Project

(IN BRIEF) Energiekontor AG, a prominent German project developer and operator of wind and solar parks, has achieved the financial close stage of the Oederquart repowering wind park project in Lower Saxony’s district of Stade. The project, now poised for … Read the full press release

DWS Receives Prestigious Industry Accolades for Outstanding Performance

(IN BRIEF) DWS has been honored with multiple prestigious awards at recent industry ceremonies, showcasing its exceptional performance in the asset management sector. Among the accolades received, DWS won five Best of the Best Performance Awards from Asia Asset Management, … Read the full press release

TRATON GROUP Shows Resilience with Strong Start to 2024 Despite Dip in Unit Sales

(IN BRIEF) Despite a slight decrease in unit sales, the TRATON GROUP reports a successful start to 2024, with increased sales revenue, adjusted operating result, and adjusted operating return on sales in the first quarter. The company sold 81,100 vehicles, … Read the full press release

Schaeffler and Marco Wittmann Embark on Sixth Year of Brand Ambassador Partnership with Innovations in DTM

(IN BRIEF) As the new season of the Deutsche Tourenwagen Masters (DTM) commences, Schaeffler and Marco Wittmann, brand ambassador since 2019, enter their sixth year of collaboration. Wittmann, driving for Schubert Motorsport, aims for success with the support of Schaeffler’s … Read the full press release

Michelin and Porsche Drive Innovation Forward with Bespoke Tires for the New Electric Macan

(IN BRIEF) Michelin and Porsche continue their longstanding partnership with the introduction of three tailored tire ranges for the all-electric Porsche Macan, marking another milestone in their collaborative journey of over half a century. Leveraging expertise gained from the World … Read the full press release

Telefónica Tech Leads Edge Computing Revolution with Recognition in Analysys Mason Report

(IN BRIEF) Telefónica Tech has been acknowledged as a pioneering force in the development and application of edge computing technology, as highlighted in the latest report by Analysys Mason. Edge computing, facilitated through Telefónica’s virtual data centers on the edge … Read the full press release

BASF Introduces Industrial Compostable ecovio® T 2206 for Greenhouse Twines, Advancing Sustainable Agriculture

(IN BRIEF) BASF has expanded its sustainable food production offerings with the introduction of ecovio® T 2206, a certified industrial compostable biopolymer ideal for manufacturing black twines used in commercial greenhouses for growing annual fruit and vegetables. These twines, made … Read the full press release

ArcelorMittal Releases 1Q 2024 Analyst Consensus Figures and 2023 Factbook

(IN BRIEF) ArcelorMittal has published its first-quarter 2024 sell-side analyst consensus figures, revealing estimates for EBITDA, net income, and earnings per share. These figures, compiled by Visible Alpha based on the assessments of sell-side analysts, provide insights into the company’s … Read the full press release

Eurojust Symposium Advocates for Enhanced Protection of Crime Victims Across Europe

(IN BRIEF) Eurojust recently hosted a landmark symposium in collaboration with the Belgian Presidency of the Council of the European Union, focusing on bolstering the rights and support systems for victims of crime across Europe. The symposium emphasized the need … Read the full press release

European Investment Fund Commits €4.5 Billion to Bolster Greek SMEs and Green Economy

(IN BRIEF) The European Investment Fund (EIF) has inked guarantee agreements with Greece’s top four banks, including Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank, aiming to unlock up to €4.5 billion in financing for Greek small and … Read the full press release

Europe Leads Global Cleantech Innovation, Yet Faces Funding Gap: EIB-EPO Report

(IN BRIEF) The European Investment Bank (EIB) and the European Patent Office (EPO) released a joint report revealing that over 22% of clean and sustainable technologies worldwide are developed within the European Union (EU). Leading fields in cleantech inventions include … Read the full press release

Ahold Delhaize Fully Allocates First Green Bond to Climate-Reducing Projects

(IN BRIEF) Ahold Delhaize has announced the full allocation of proceeds from its inaugural Green Bond to investments in Green Projects aimed at reducing the company’s greenhouse gas emissions and climate impact. The €500 million raised last year has been … Read the full press release

CVC Capital Partners plc Successfully Lists on Euronext Amsterdam

(IN BRIEF) Euronext extends congratulations to CVC Capital Partners plc (CVC) for its triumphant listing on Euronext Amsterdam under the ticker code “CVC”. CVC, a renowned global investment firm, boasts a rich history of over 40 years in private markets … Read the full press release

Saab Reports Strong Q1 2024 Performance and Upgrades Sales Outlook

(IN BRIEF) Saab, a leading defence and security company, commenced 2024 with significant achievements, including a 9% increase in order bookings, reaching SEK 18,495m. Sales saw a robust growth, amounting to SEK 14,185m, with an organic sales increase of 24%. … Read the full press release

EPCG Acquires Stake in thyssenkrupp’s Steel Business: A Step Towards Decarbonization

(IN BRIEF) thyssenkrupp AG and EP Corporate Group (EPCG) have reached an agreement for EPCG to acquire a 20 percent stake in thyssenkrupp’s steel business, with discussions ongoing for a further 30 percent acquisition, aiming to form an equal 50/50 … Read the full press release

NIB Reports Strong First Quarter Performance and Expands Green Financing Initiatives

(IN BRIEF) The Nordic Investment Bank (NIB) announces a robust performance for the first quarter of 2024, with close to EUR 1 billion in new lending signed and EUR 643 million disbursed. The bank’s annual meeting of the Board of … Read the full press release

Hexagon AB Reports Steady Growth in First Quarter 2024

(IN BRIEF) Hexagon AB announces its first-quarter 2024 financial results, demonstrating a 3% organic revenue growth and a 1% increase in net sales compared to the previous year. The company achieved an adjusted gross margin of 66.5% and a 1% … Read the full press release

TOMRA Partners with OMV and Borealis to Close Plastic Recycling Gaps

(IN BRIEF) TOMRA, in collaboration with OMV and Borealis, is advancing plastic recycling by supplying high-quality raw materials from mixed post-consumer plastic waste. Through long-term feedstock supply agreements, TOMRA’s innovative sorting facility in Germany will provide clean fractions of specific … Read the full press release