Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

EU Bank’s Historic Investment in Mongolia to Combat Overgrazing and Promote Sustainable Development

(IN BRIEF) The European Investment Bank (EIB) has embarked on its largest-ever financing agreement for Mongolia, injecting €54.4 million into a groundbreaking initiative. This initiative aims to address the degradation of Mongolia’s grasslands by promoting sustainable urban development and supporting … Read the full press release

LEGO Group Reports Resilient Growth Amidst Challenging Toy Market: 2023 Financial Overview

(IN BRIEF) The LEGO Group announced its full-year earnings for 2023, showcasing a two percent revenue growth to DKK 65.9 billion despite a tough toy market environment. Operating profit stood solid at DKK 17.1 billion, reflecting accelerated investments in strategic … Read the full press release

Harnessing AI for Enhanced Marine Data Collection: A Step Towards Ocean Conservation

(IN BRIEF) Researchers from the University of Helsinki, in collaboration with partners from the University of Tartu, University of Madeira, and MARE-Madeira, ARDITI, are pioneering the integration of Artificial Intelligence (AI) and sensor technologies to revolutionize marine data collection. By … Read the full press release

EIF and France Active Forge €400 Million Alliance to Empower Social Enterprises

(IN BRIEF) The European Investment Fund (EIF) has committed €400 million to bolster France Active’s endeavors in financing socially responsible French enterprises. This collaboration involves a €45 million guarantee from EIF and a €355 million counter-guarantee for bank loans facilitated … Read the full press release

Stagecoach Unveils Next-Gen Electric Buses for Oxfordshire: Pioneering Sustainable Urban Transport

(IN BRIEF) Stagecoach, the UK’s largest bus and coach operator, has received the first batch of cutting-edge battery-electric buses from Alexander Dennis, a global bus manufacturer. These 55 zero-emission double deckers are set to revolutionize urban transport in Oxfordshire, joining … Read the full press release

STMicroelectronics Unveils Next-Gen STM32H7R/S Microcontrollers for Smart Home and Industrial Systems

(IN BRIEF) STMicroelectronics, a leading semiconductor manufacturer, introduces the new STM32H7R/S microcontrollers, blending the performance and scalability of microprocessors with the simplicity of microcontrollers. These high-performance devices cater to diverse applications such as smart appliances, industrial automation, and eHealth systems, … Read the full press release

Webuild Hits Milestone: 100,000 Pre-cast Concrete Segments Completed for Snowy 2.0 Project

(IN BRIEF) Webuild, in collaboration with its local subsidiary Clough, has achieved a significant milestone in the construction of Snowy 2.0, Australia’s largest hydropower project, with the completion of 100,000 pre-cast concrete segments out of a planned total of 130,000. … Read the full press release

Unreasonable Impact UK & Europe Programme Welcomes 13 Ventures Addressing Climate and Social Challenges

(IN BRIEF) Unreasonable Impact, a collaboration between Unreasonable Group and Barclays, has unveiled 13 new ventures joining its UK & Europe programme, each dedicated to tackling pressing global challenges. The ventures, ranging from food waste reduction to sustainable reforestation and … Read the full press release

Terna Invests €45 Million in Upgrading Sardinia’s Electricity Grid

(IN BRIEF) Terna, under the leadership of Giuseppina Di Foggia, is set to invest approximately 45 million euros in enhancing the resilience, reliability, and sustainability of the electricity grid in the Alghero and Putifigari municipalities of Sassari province, Sardinia. The … Read the full press release

Ørsted Successfully Concludes Tender Offer for Hybrid Capital Securities

(IN BRIEF) Ørsted A/S has finalized its invitation to holders of its EUR 500,000,000 2.25% green hybrid capital securities due in 3017 to tender their securities for purchase by Ørsted for cash. With EUR 249,544,000 in aggregate principal amount of … Read the full press release

Nordic Investment Bank Commits EUR 125 Million Loan to Boost Innovation at Valmet Oyj

(IN BRIEF) The Nordic Investment Bank (NIB) has finalized a EUR 125 million 8-year loan agreement with Finnish company Valmet Oyj to support its research and development (R&D) initiatives in Finland and Sweden from 2023 to 2025. Valmet, a global … Read the full press release

EBRD Secures €8 Million Loan to Empower Women-Led Businesses in Georgia

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), with support from the European Union (EU) and Sweden, is extending an €8 million loan to ProCredit Bank in Georgia to boost lending to women-led micro, small, and medium-sized enterprises … Read the full press release

Bentley Secures Coveted Title of Britain’s Most Admired Automotive Manufacturer for Third Time

(IN BRIEF) Bentley Motors has been crowned Britain’s Most Admired Automotive Manufacturer for the third time in five years, reaffirming its status as an industry leader. The accolade, bestowed through the UK’s longest-running corporate reputational survey, underscores Bentley’s exceptional lineup … Read the full press release

Language Learning App for DHL Employees Wins Prestigious Award in Education Category

(IN BRIEF) DHL Group’s language learning app, developed in collaboration with LinguaTV, has clinched the national World Summit Award Germany in the Learning & Education category. This recognition propels the further education initiative into contention for the global WSA Global … Read the full press release

Streamlining Recycling: Leadec Launches Digital Waste Management Initiative in German Automotive Plants

(IN BRIEF) Leadec, an industrial services provider, is implementing a digital waste management solution at automotive plants in southern and northern Germany. This system enhances waste tracking and material flow optimization, promoting increased recycling rates and reduced disposal costs. Through … Read the full press release

Infineon Introduces CoolSiC™ MOSFETs 2000 V for Enhanced Power Density in High Voltage Systems

(IN BRIEF) Infineon Technologies AG launches the new CoolSiC™ MOSFETs 2000 V in the TO-247PLUS-4-HCC package, addressing the growing demand among designers for increased power density while maintaining system reliability in high voltage and switching frequency conditions. These MOSFETs offer … Read the full press release

wpd Achieves Wind Energy Milestones in Sweden and Finland

(IN BRIEF) wpd, a leading developer of onshore wind energy projects in Europe, has achieved significant milestones in Sweden and Finland. In Sweden, they’ve commissioned the Stöllsäterberget wind farm and secured contracts for future projects. In Finland, wpd is progressing … Read the full press release

Prudence Foundation and Malaysian Red Crescent Collaborate to Safeguard Students with ‘Safe Schools, Safe Kids’ Initiative

(IN BRIEF) Prudence Foundation, in collaboration with the Malaysian Red Crescent (MRC), is launching the ‘Safe Schools, Safe Kids’ programme across Malaysia to empower students aged 10-15 with crucial health and safety skills. The initiative aims to equip children with … Read the full press release

Isobionics® Unveils Innovative Natural Flavor, beta-Caryophyllene 80, at FlavourTalk Exhibition

(IN BRIEF) Isobionics®, a BASF Aroma Ingredients brand, introduces its latest natural flavor, beta-Caryophyllene 80, at the FlavourTalk Raw Materials Exhibition 2024. Developed to meet specific customer requirements, this flavor expands Isobionics®’ portfolio beyond citrus products. Made using cutting-edge biotechnology, … Read the full press release

Bouygues Construction to Revamp Joliot-Curie School in France through €7M Energy Renovation Project

(IN BRIEF) Bouygues Construction’s subsidiary, Bouygues Bâtiment Ile-de-France, has secured a €7 million contract from Palaiseau, France, for the energy refurbishment of Joliot-Curie junior school. The project, employing the EnergieSprong approach, aims to significantly reduce energy consumption and carbon emissions. … Read the full press release