Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

JOST Unveils Innovative Products for Commercial Vehicles at Lastbil 2024

(IN BRIEF) JOST will present its latest innovations at Lastbil 2024, including the KKS automatic coupling system, King Pin Finder, and intelligent axle systems. These products address critical industry issues like driver shortages and sustainability, showcasing JOST’s commitment to enhancing … Read the full press release

JERA Nex and JERA Americas Enter US Solar Market with Major Acquisitions

(IN BRIEF) JERA Nex and JERA Americas have entered the US solar market by acquiring two solar projects, totaling 395MW AC, from Lightsource bp. The projects, located in Arkansas and Louisiana, are now operational and will provide renewable energy under … Read the full press release

Logicor to Redevelop Vacant Neuss Site into New Business Park

(IN BRIEF) Logicor has obtained a building permit to redevelop a former department store site in Neuss, Germany, into a modern business park. The 25,740 sqm site will feature 12 adaptable units to attract various businesses, enhancing the area’s economic … Read the full press release

Indra Advances Space Strategy with Creation of Space NewCo and Acquisition of Deimos

(IN BRIEF) Indra has approved the creation of Space NewCo and signed a contract to acquire Deimos from Elecnor, strengthening its capabilities in the space industry. Space NewCo will integrate Indra’s stake in Startical, enhancing its position in air traffic … Read the full press release

ABL France Expands Operations with New Paris Office to Support Renewable Energy Growth

(IN BRIEF) ABL France has relocated to a new office in Paris at 21 Rue de la Fontaine au Roi. The move reflects the company’s growth and its commitment to the renewable energy, oil & gas, and maritime sectors. ABL … Read the full press release

EQT Acquires Majority Stake in Acronis, Strengthening Partnership for Future Growth

(IN BRIEF) EQT’s EQT X fund will acquire a majority stake in Acronis, a global cyber protection company. Existing investors, including CVC, Springcoast, and BlackRock Private Equity Partners, will retain minority stakes. This partnership aims to support Acronis’ growth and … Read the full press release

Morrisons Daily Expands ‘Surprise Bags’ Initiative with Too Good To Go to Over 930 Stores Nationwide

(IN BRIEF) Morrisons has expanded its partnership with Too Good To Go, now offering ‘Surprise Bags’ at over 930 Morrisons Daily convenience stores across the UK. This initiative helps reduce food waste and provides customers with discounted quality food nearing … Read the full press release

Ørsted Deploys Heavy-Lift Drones for Borssele Offshore Wind Farm Operations

(IN BRIEF) Ørsted has deployed heavy-lift cargo drones at the Borssele 1&2 Offshore Wind Farm, marking a significant advancement in operational efficiency and safety. These drones, capable of carrying up to 100 kg, significantly reduce the time required for cargo … Read the full press release

Stadler Showcases Future of Rail Transport at InnoTrans 2024

(IN BRIEF) At InnoTrans 2024, Stadler will unveil a range of innovative rail solutions, including the zero-emission RS ZERO, the CITYLINK tram-train, and the bi-mode Class 99 locomotive. Highlights also include new underground trains for Berlin and battery-powered FLIRT Akku … Read the full press release

Voith and HADAG Celebrate Milestone in Hybrid Ferry Electrification

(IN BRIEF) Voith and HADAG Seetouristik und Fährdienst AG have commissioned the first of three type 2030 hybrid ferries for the Port of Hamburg. The ferry, featuring advanced electric Voith Schneider Propellers (eVSPs) and an optimized hull design, promises reduced … Read the full press release

Strøm Gundersen Vestfold Secures Contract for Larvik Health Park Construction

(IN BRIEF) JVH Eiendom has awarded Strøm Gundersen Vestfold, a subsidiary of AF Gruppen, a NOK 125 million contract (excluding VAT) to design and construct the Larvik Health Park. The project includes a four-story health center with a parking basement, … Read the full press release

Vanessa Hellwing to Succeed Norbert Nettesheim as CFO of ANDRITZ AG in 2025

(IN BRIEF) Vanessa Hellwing has been appointed to the Executive Board of ANDRITZ AG starting January 1, 2025, and will assume the role of Chief Financial Officer (CFO) on March 28, 2025. She will succeed Norbert Nettesheim, who is retiring … Read the full press release

€50 Million EIB Loan to Boost Solar Energy Capacity in Spain with Five New Plants

(IN BRIEF) The European Investment Bank (EIB) and Matrix Renewables have secured a €50 million green loan to develop five new solar photovoltaic plants in Castilla y Leon and Extremadura, Spain, with a total capacity of 240 MW. This project, … Read the full press release

S&P Global and Accenture Partner to Advance Generative AI in Financial Services

(IN BRIEF) S&P Global and Accenture have partnered to advance generative AI in the financial services industry. This includes launching a comprehensive AI learning program for S&P Global’s workforce and enhancing AI development and benchmarking solutions. The collaboration aims to … Read the full press release

Safran Electronics & Defense Expands U.S. Manufacturing for Small Satellite Propulsion Systems

(IN BRIEF) Safran Electronics & Defense is expanding its U.S. manufacturing capabilities for small satellite propulsion systems to meet growing market demand. The new Colorado facility will produce the EPS®X00 system, with first deliveries in Q1 2026, supporting both American … Read the full press release

VINCI Highways Launches Peru’s First Self-Service Automated Toll Booths

(IN BRIEF) VINCI Highways, through Lima Expresa, has launched Peru’s first self-service automated toll booths for digital payments. Following a successful pilot program, 14 additional booths will be deployed, reducing payment times and improving traffic flow at Lima’s toll plazas. … Read the full press release

VARD Signs Contract for Advanced Energy Construction Vessel for Wind Energy Construction AS

(IN BRIEF) VARD, a subsidiary of the Fincantieri Group, has signed a contract to design and build an advanced Energy Construction Vessel (ECV) for Wind Energy Construction AS, with delivery slated for Q2 2027. The vessel, built at Vard Vung … Read the full press release

NORMA Group Secures Contract for Energy Storage Facility in Germany

(IN BRIEF) NORMA Group has secured a contract to supply V-band clamps for a German energy storage facility, supporting the cooling system of large stationary batteries. The contract, valued at EUR 2.4 million, spans from 2024 to 2028, providing between … Read the full press release

Continental Executive Board Evaluates Spin-Off of Automotive Group

(IN BRIEF) Continental is evaluating a spin-off of its Automotive group sector to create two independent companies, aiming to unlock greater value and growth potential. A decision is expected in late 2024, with the spin-off planned for completion by the … Read the full press release

Perspectief 2024/2025: Call for Proposals to Foster Technological Innovations

(IN BRIEF) The Perspectief financing instrument invites researchers, companies, and civil-society organizations to submit proposals for collaborative research projects focused on technological innovations. Key changes include reduced co-financing requirements and updated key technologies. Deadlines are in October 2024, November 2024, … Read the full press release