Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

Schneider Electric Unveils Next-Gen Battery Energy Storage System for Microgrids

(IN BRIEF) Schneider Electric introduces its latest Battery Energy Storage System (BESS), designed to enhance energy resilience and sustainability within microgrid solutions. The BESS serves as a cornerstone technology, capturing and storing energy from various sources for later use, ensuring … Read the full press release

Finnvera Spearheads Climate-Friendly Investments with EUR 200 Billion Plans

(IN BRIEF) Finnvera, committed to promoting climate-friendly investments, announces plans for low-emission investments worth over EUR 200 billion, aligning with the Paris Climate Agreement’s goal of limiting global warming to 1.5 degrees. With a focus on reducing carbon footprints, Finnvera … Read the full press release

Lindner Group Introduces Smart Occupancy Lighting to Enhance Lindner Cube Flexibility

(IN BRIEF) Lindner Group unveils a new enhancement for its Lindner Cube mobile room system, introducing an occupancy light to optimize room-in-room solutions. Known for its wall- and ceiling-free construction, the Lindner Cube promotes flexibility and focused work environments. The … Read the full press release

Skanska Secures $612M Contract for South Brooklyn Marine Terminal Upgrade

(IN BRIEF) Skanska has finalized a $612 million contract with SBMT Asset, LLC for the upgrade of the South Brooklyn Marine Terminal in New York, USA. The project aims to transform the terminal into one of the largest offshore wind … Read the full press release

TUM-Led Study Reveals Impact of Infant Formula Composition on Gut Microbiota Development

(IN BRIEF) A study led by Prof. Dirk Haller from TUM involving 210 infants found that the composition of infant formula significantly influences the development of intestinal flora. While breast milk remains the gold standard, formula enriched with galacto-oligosaccharides led … Read the full press release

Yara’s First Quarter 2024: Earnings Dip Amidst Rising Deliveries, Decarbonization Success, and Market Dynamics Shift

(IN BRIEF) Yara’s first-quarter 2024 earnings saw a decline, with EBITDA down by 11% compared to the previous year, primarily attributed to lower prices. Despite this, total deliveries surged by 12%, notably in Europe, which saw a 37% increase. The … Read the full press release

Henkel’s Recyclable Adhesive Solution Receives Certification for PET Bottle Recycling

(IN BRIEF) Henkel’s adhesive solution, Aquence PS 3017 RE, has been certified by the cyclos-HTP Institute (CHI) for its recyclability, particularly in PET bottle recycling. Designed as a sustainable option, the water-based acrylic pressure sensitive adhesive allows for easy label … Read the full press release

Unilever Reports Strong Q1 2024 Results with 4.4% Underlying Sales Growth

(IN BRIEF) Unilever has announced its first-quarter results for 2024, revealing a 4.4% increase in underlying sales growth, driven by a 2.2% rise in volume. All five business groups reported growth, led by Beauty & Wellbeing. Turnover reached €15.0 billion, … Read the full press release

Saab Delivers Fourth GlobalEye AEW&C Aircraft to UAE in Four Years

(IN BRIEF) Saab has successfully delivered the fourth GlobalEye Airborne Early Warning and Control (AEW&C) aircraft to the United Arab Emirates (UAE) on April 18, 2024. This milestone marks the rapid delivery pace of these advanced AEW&C platforms, with four … Read the full press release

Rheinmetall Launches Innovative Curb Charger Pilot Project in Cologne

(IN BRIEF) Rheinmetall, in collaboration with TankE GmbH and the City of Cologne, initiates a groundbreaking pilot project to test curb chargers in public traffic areas. The project aims to integrate and validate the curb chargers’ acceptance, urban planning advantages, … Read the full press release

Korean-German Partnership Accelerates Battery and Semiconductor Innovations

(IN BRIEF) A collaboration program funded by the Korean Ministry of Trade, Industry and Energy (MOTIE) aims to expedite advancements in battery cell and semiconductor technology through international partnerships. Fraunhofer-Gesellschaft, with eight of its institutes, has partnered in Germany to … Read the full press release

Taiwan Inaugurates Asia-Pacific’s Largest Offshore Wind Farms, Doubling Nation’s Capacity

(IN BRIEF) Taiwan celebrates the inauguration of the Greater Changhua 1 and 2a offshore wind farms, marking a significant milestone in the nation’s renewable energy journey. With a total installed capacity of 900 MW, these wind farms are the largest … Read the full press release

Kurt Satzinger Takes Helm of voestalpine’s R&D, Driving Innovation into Digital and Resource-Efficient Solutions

(IN BRIEF) Kurt Satzinger assumes leadership of voestalpine’s Research and Development (R&D) division, succeeding Franz Androsch, who retires after a distinguished tenure. With voestalpine’s robust commitment to innovation, Satzinger, equipped with extensive experience within the company, is poised to spearhead … Read the full press release

Breakthrough in Capacitor Technology Paves the Way for More Efficient Medical Devices and Electric Vehicles

(IN BRIEF) Researchers at the University of Twente have developed a groundbreaking design strategy to enhance the efficiency, storage capacity, and durability of capacitors used in critical applications like pacemakers, defibrillators, radar technology, and electric vehicles. Led by Dr. Minh … Read the full press release

Holcim Reports Robust Q1 Performance with Over-Proportional Growth and Strategic Expansion

(IN BRIEF) Holcim, a global leader in building solutions, announced its first-quarter 2024 results, showcasing strong growth and strategic expansion. Despite challenges, the company reported a net sales increase of 3.4% in local currency, with recurring EBIT growth of 17.1%. … Read the full press release

Neste Navigates Resiliently Through Challenging First Quarter in Renewables Market

(IN BRIEF) Neste, a leader in renewable fuels and circular economy solutions, unveiled its first-quarter 2024 results, demonstrating resilience amidst a weak renewables market. Despite challenges, the company reported a comparable EBITDA of EUR 551 million, reflecting a proactive approach … Read the full press release

Schneider Electric Reports Positive Progress in Sustainability Journey with Q1 2024 Results

(IN BRIEF) Schneider Electric, a leader in energy management and automation, has unveiled its first-quarter results for the Schneider Sustainability Impact (SSI) program, in conjunction with financial outcomes. The SSI program, integral to the company’s 2021–2025 sustainability targets, encompasses environmental, … Read the full press release

Safran Leads French Innovation with Record-Breaking Patent Portfolio

(IN BRIEF) Safran has secured its position as France’s top patent holder, with a staggering 16,457 active patents, according to the National Industrial Property Institute’s (INPI) inaugural ranking. The aerospace giant’s relentless commitment to innovation is evident in its extensive … Read the full press release

NIB and Aktia Bank Partner to Boost SMEs and Environmental Projects in Finland with EUR 75 Million Loan

(IN BRIEF) Nordic Investment Bank (NIB) and Aktia Bank Plc have joined forces in a seven-year EUR 75 million loan agreement aimed at supporting small and medium-sized enterprises (SMEs), smaller mid-caps (SMCs), and environmental projects in Finland. With a commitment … Read the full press release

Husqvarna Secures EUR 100 Million Loan for Electric Equipment R&D

  (IN BRIEF) Nordic Investment Bank (NIB) and Husqvarna AB, a Swedish outdoor power products manufacturer, have inked a EUR 100 million 7-year loan pact to fund research and development (R&D) efforts from 2022 to 2024 in electrifying motorized equipment. … Read the full press release