Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

Nokia Announces Release Date for First-Quarter Interim Report and Analyst Webcast

(IN BRIEF) Nokia has disclosed that it will unveil its first-quarter interim report on April 18, 2024, at 8 a.m. Finnish time, with the report promptly available on the company’s website. The summary will emphasize Nokia Group’s financial performance and … Read the full press release

VDL Bus & Coach Inaugurates State-of-the-Art Electric Bus Plant in Roeselare

(IN BRIEF) VDL Bus & Coach recently celebrated the opening of its new electric bus production facility in Roeselare, Belgium, with key figures such as Flemish Prime Minister Jan Jambon and Flemish Minister Lydia Peeters in attendance. The site boasts … Read the full press release

Advancing Healthcare: Bosch and Randox Labs Partner to Revolutionize Molecular Diagnostics

(IN BRIEF) Bosch and Randox Laboratories Ltd. have forged a strategic partnership aimed at transforming molecular diagnostics with a focus on the Vivalytic analysis platform. With an investment of 150 million euros in joint research, development, and distribution, the collaboration … Read the full press release

Driving Sustainability: Vitesco Technologies Teams Up with DHL for Logistics Transformation

(IN BRIEF) Vitesco Technologies announces a strategic partnership with DHL Supply Chain as its Lead Logistics Partner (LLP) in Europe, aiming to enhance sustainability, resilience, and efficiency in its logistics operations. Starting March 2024, DHL will centrally manage logistics flows … Read the full press release

European Auto Industry CEOs Gather for Green Transition Talks with EU Commissioner

(IN BRIEF) Thirteen CEOs from leading European vehicle manufacturers and automotive suppliers convened with EU Commissioner for Climate Action, Wopke Hoekstra, for an ‘Automotive Roundtable’ to discuss the green transition of the sector. The dialogue, following a meeting with President … Read the full press release

BAE Systems Awarded Contract to Maintain L119 Light Guns in Ukraine

(IN BRIEF) The UK Ministry of Defence has granted BAE Systems a contract to maintain and repair gifted L119 Light Guns in Ukraine, enhancing the efficiency of frontline operations. The L119 Light Gun, a favored system among Ukrainian forces for … Read the full press release

Aviva Launches Aviva Clarity to Support Small Scheme De-Risking

(IN BRIEF) Aviva has introduced Aviva Clarity, a streamlined Bulk Purchase Annuity (BPA) service aimed at facilitating market access for smaller pension schemes with assets typically under £100 million. This service underscores Aviva’s commitment to aiding schemes in their de-risking … Read the full press release

Repsol’s Green Evolution: Partnering with Genia Bioenergy to Pioneer Biomethane Industry

(IN BRIEF) Repsol has embarked on a strategic alliance by acquiring a 40% shareholding in Genia Bioenergy, marking its entry into the burgeoning biomethane market. This partnership aims to leverage Genia Bioenergy’s expertise in biogas and biomethane value chain integration, … Read the full press release

EIB and EIF Partner with Erste Bank to Propel SME Lending in Austria through Synthetic Securitisation

(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have collaborated with Erste Bank der oesterreichischen Sparkassen AG (Erste Bank) to facilitate SME lending in Austria through a pioneering synthetic securitisation transaction. This landmark transaction, the … Read the full press release

EBRD Posts €2.1 Billion Profit in 2023 Following Record Investments

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has reported a profit of €2.1 billion for 2023, marking a significant turnaround from the €1.1 billion losses incurred in 2022 due to the Russian invasion of Ukraine. The bank’s … Read the full press release

EBRD Invests €22 Million to Propel Farmak’s Expansion into Polish Market

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €22 million loan to Ukrainian pharmaceutical giant Farmak Group to facilitate its strategic acquisition of a Polish pharmaceutical company and to upgrade its IT systems. Farmak, a … Read the full press release

EIB Group’s €49 Million Guarantee Empowers Erste Bank to Boost SME Lending in Austria

(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have joined forces to provide Erste Bank der oesterreichischen Sparkassen AG (Erste Bank) with a €49 million guarantee for a synthetic securitisation transaction, marking Austria’s first such … Read the full press release

EIB and Maib Forge €94 Million Deal to Boost Green Investments and MSMEs in Moldova

(IN BRIEF) At the EU-Moldova Private Sector Investment Conference in Chișinău, the European Investment Bank (EIB Global) sealed two agreements with Moldova’s leading bank, maib. The first involves a €50 million loan aimed at enhancing access to finance and promoting … Read the full press release

GIID.org Presenta Investigación Innovadora: “Distritos de Innovación y la Centralidad del Terreno”

(IN BRIEF) El Instituto Global sobre Distritos de Innovación (GIID.org) lanzó hoy su última investigación titulada “Distritos de Innovación y la Centralidad del Terreno”, destacando el papel fundamental del uso del suelo en la transformación de estos distritos para abordar … Read the full press release

Philips Reaches Final Agreement on Consent Decree for Respironics Business with DOJ and FDA

(IN BRIEF) Royal Philips announces the final agreement on a consent decree for its subsidiary, Philips Respironics, with the US Department of Justice (DOJ) and the US Food and Drug Administration (FDA). The decree primarily focuses on Respironics’ US operations, … Read the full press release

Saab Accelerates Digitalization Journey with New Chief Digital Officer

(IN BRIEF) Saab announces the addition of a new group function focused on digital development to expedite its digitalization journey. Mikael Adelsberg, with extensive experience from Scania and Traton Group, is appointed as the Head of Group Digitalisation and will … Read the full press release

Thales Collaborates with Google Cloud and Intel to Enhance Enterprise Data Security in the Cloud

(IN BRIEF) Thales, a leading technology and security provider, announces a collaboration with Google Cloud and Intel to bolster enterprise data security in the cloud through the CipherTrust Data Security Platform (CDSP). Leveraging Confidential Computing (CC) from Google Cloud and … Read the full press release

PUMA Launches “FOREVER. FASTER.” Campaign: Inviting All to Embrace Speed and Sporting Excellence

(IN BRIEF) PUMA unveils its first worldwide brand campaign in a decade, titled “FOREVER. FASTER. – See The Game Like We Do,” aiming to solidify its position as the fastest sports brand globally. Rooted in PUMA’s DNA, the campaign celebrates … Read the full press release

Vitesco Technologies Partners with DHL Supply Chain for Sustainable Logistics Solutions

(IN BRIEF) Vitesco Technologies announces a strategic partnership with DHL Supply Chain as a Lead Logistics Partner (LLP), aiming to enhance sustainability, resilience, and efficiency in logistics. Under this partnership, DHL will centrally manage logistics flows for Vitesco Technologies’ twelve … Read the full press release

Software AG Introduces ARIS AI Companion: Empowering Every Employee in Process Optimization

(IN BRIEF) Software AG unveils the ARIS AI Companion, a groundbreaking tool designed to democratize process analysis and optimization within organizations. With AI-enabled process mining capabilities, employees across all levels can now delve into their organization’s processes, identify inefficiencies, and … Read the full press release