Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

Schroders Capital Plans UK Venture and Growth Fund with £300 Million Investment Boost

(IN BRIEF) Schroders Capital’s private markets investment division announces its intention to launch a UK venture and growth Long-Term Asset Fund (LTAF) with a £300 million cornerstone investment, backed by the British Business Bank (BBB) and Phoenix Group. This initiative, … Read the full press release

Stellantis Pours €5.6 Billion into South America: A Game-Changer for the Region’s Automotive Sector

(IN BRIEF) Stellantis has unveiled an ambitious investment plan of €5.6 billion in South America, marking the largest ever investment in the region’s automotive industry. This substantial funding will span from 2025 to 2030 and will facilitate the introduction of … Read the full press release

Ericsson and Mobily Forge Partnership to Enhance Network Programmability in Saudi Arabia

(IN BRIEF) Ericsson and Etihad Etisalat (Mobily) have signed a Memorandum of Understanding (MoU) at LEAP 2024, Riyadh, Kingdom of Saudi Arabia, aiming to expose Mobily’s network capabilities to enterprises and developers in the country. Through this collaboration, Mobily will … Read the full press release

Relay by Lagardère Travel Retail Marks Exceptional Year with Global Expansion and Renewed Partnerships

(IN BRIEF) In 2023, Relay, the iconic brand by Lagardère Travel Retail, showcased its commitment to enhancing travelers’ experiences worldwide with a redefined brand signature and strategic partnerships. Renewed collaborations with Group ADP and SNCF in France highlighted Relay’s agility … Read the full press release

Evonik and Desktop Metal Strengthen Collaboration, Qualify INFINAM® ST 6100 L for Large Format ETEC 3D Printers

(IN BRIEF) Evonik and Desktop Metal have enhanced their partnership with the qualification of Evonik’s INFINAM® ST 6100 L photopolymer on Desktop Metal’s ETEC Xtreme 8K and Pro XL 3D printers. INFINAM® ST 6100 L, renowned for its high strength … Read the full press release

Stora Enso and SEB Forge Path for Forest Industry Entrepreneurs with Innovative Financing Model

(IN BRIEF) Stora Enso’s innovative Harvesting Partner concept, aimed at fostering entrepreneurship and skillful operators in the forest industry, has expanded across Sweden, Finland, Norway, and Lithuania since its launch in November 2022. In collaboration with SEB, Stora Enso has … Read the full press release

Atos, Open, and Sopra Steria Consortium Chosen by UGAP for Public Service Digital Transformation

(IN BRIEF) Atos, Open, and Sopra Steria Consortium, led by Atos, has secured a contract with the Union des Groupements d’Achats Publics (UGAP) to provide project management assistance (AMOE) and third-party application maintenance (TMA) services under the IT Intellectual Services … Read the full press release

Indra Unveils Ambitious Strategic Plan ‘Leading the Future’ to Transform Defence, Aerospace, and Digital Technologies

(IN BRIEF) Indra, a prominent player in defence, aerospace, and technology sectors, has revealed its comprehensive Strategic Plan titled ‘Leading the Future’, aiming to position itself as the national coordinator of Spain’s defence and aerospace ecosystem while playing a crucial … Read the full press release

Philips Tops Clarivate’s 2024 Global Innovator List for 11th Consecutive Year

(IN BRIEF) Royal Philips, a prominent figure in health technology, has once again secured its position in the 2024 Clarivate Top 100 Global Innovator™ list, marking its eleventh consecutive inclusion. With a dedication to R&D programs and collaborative efforts, Philips … Read the full press release

driveMybox continues its international expansion: Hungary as a new strategic location

(IN BRIEF) Hamburg-based LogTech company driveMybox has officially announced its strategic partnership with I.C.E. Transport Hungary, a prominent freight forwarder in Eastern Europe. This collaboration marks driveMybox’s expansion into Hungary, its third international cooperation partner alongside Germany and Italy. The … Read the full press release

Hydro and NKT Forge Partnership for Low-Carbon Aluminium Power Cable Innovation

(IN BRIEF) Hydro and NKT have announced a strategic partnership to develop a cutting-edge, low-carbon aluminium power cable value chain, aimed at facilitating the growth of Europe’s renewable energy grid. The collaboration, set to extend towards 2030, will focus on … Read the full press release

Euronext Expands ELITE Program, Welcoming Six Portuguese Companies for Sustainable Growth

(IN BRIEF) Euronext, Europe’s leading market infrastructure, has expanded its ELITE ecosystem into Portugal, ushering in six diverse companies into the program. These companies, spanning sectors such as healthcare, technology, food, and manufacturing, collectively generate over 200 million Euros in … Read the full press release

EIB and CERUDEB Launch €100 Million Initiative to Empower Women Entrepreneurs and Rural Enterprises in Uganda

(IN BRIEF) The European Investment Bank (EIB) and Centenary Rural Development Bank Ltd (CERUDEB) have unveiled a landmark €100 million investment aimed at bolstering private sector enterprises in Uganda, particularly focusing on women borrowers and rural microenterprises. With 50% of … Read the full press release

Inauguration of Agra Metro Marks Milestone in Sustainable Urban Transport: A Visionary Step Toward Preserving Cultural Heritage

(IN BRIEF) Indian Prime Minister Narendra Modi, virtually inaugurated the first 6 km section of the Agra metro, alongside Chief Minister of Uttar Pradesh Yogi Adityanath and other dignitaries. Funded by a €450 million loan from the European Investment Bank … Read the full press release

flyadeal Partners with Safran Nacelles for Comprehensive Fleet Support

(IN BRIEF) At the MRO Middle East event in Dubai, low-cost carrier flyadeal, a subsidiary of Saudia Group, signed a long-term agreement with Safran Nacelles for comprehensive support of nacelles on its Airbus A320neo family fleet powered by CFM International* … Read the full press release

EIB Teams Up with Sunfire to Advance Green Hydrogen Production with €100 Million Venture Debt Loan

(IN BRIEF) The European Investment Bank (EIB) is collaborating with Sunfire, a German-based company, to support the development of solid oxide electrolysers for green hydrogen production in industrial applications. Through a venture debt loan of up to €100 million, with … Read the full press release

EIB and Otua Group Partner to Drive Circular Economy in Spain with €40 Million Investment

(IN BRIEF) The European Investment Bank (EIB) and Otua Group have collaborated on a €40 million loan to facilitate the construction of a new recycling plant for automotive waste plastics and the upgrade of existing metal waste processing facilities. This … Read the full press release

ABP Enhances Container Service at Port of Hull with New State-of-the-Art Reach Stacker

(IN BRIEF) Associated British Ports (ABP) Humber Container Terminal at the Port of Hull receives a new Konecrane SMV 4638 reach stacker, bolstering its container service capabilities alongside its sister facility at ABP Immingham. The addition of this state-of-the-art equipment, … Read the full press release

Evonik Enhances Animal Nutrition Services with Release of US Crop Report Integrated into AMINODat® 6.2

(IN BRIEF) Evonik announces the release of the 2023 US Crop Report, which has been integrated into its AMINODat® 6.2 database, marking a significant advancement in its animal nutrition services. This state-specific data for corn and soybean meal, exclusively from … Read the full press release

Continental Expands Reach as Top Tire Supplier for Electric Vehicle Manufacturers in Asia-Pacific Region

(IN BRIEF) Continental, a leading tire manufacturer, has achieved a significant milestone by supplying tires to all five highest-volume electric vehicle manufacturers in the Asia-Pacific region for the first time, joining its stronghold in Europe, the Middle East, Africa, and … Read the full press release