Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

Investor AB Achieves Strong Performance and Sustainability Milestones in 2023

(IN BRIEF) Investor AB, in its recently published 2023 Annual Report, highlights its robust performance and commitment to sustainability amidst a challenging macro environment. Despite this, Investor delivered on its strategic priorities, including achieving a total shareholder return of 26 … Read the full press release

PNE AG Exceeds Expectations with Strong Financial Performance and Expansion Strategy

(IN BRIEF) PNE AG reports a highly successful year in 2023, achieving or surpassing strategic goals outlined in its ‘Scale up 1.0’ strategy. With total aggregate output reaching €267.8 million and EBITDA hitting €39.9 million, the company is at the … Read the full press release

Adyen Partners with Riverty to Introduce 14-Day Invoice Buy Now, Pay Later Solution

(IN BRIEF) Adyen collaborates with Riverty, a part of the Bertelsmann Group, to offer merchants in the DACH region a new 14-day invoice Buy Now, Pay Later (BNPL) payment method seamlessly integrated into Adyen’s fintech platform. This partnership aims to … Read the full press release

BBVA Exceeds Renewable Energy Goals and Reduces Carbon Footprint

(IN BRIEF) BBVA Group reports significant achievements in its environmental sustainability efforts, with 96 percent of its power consumption sourced from renewable energy in 2023, surpassing its 70 percent target for 2025. The bank also managed to reduce its carbon … Read the full press release

NIRAS and Egis Join Forces to Propel Offshore Wind Development in France

(IN BRIEF) NIRAS and Egis announce a strategic partnership aimed at bolstering consultancy and engineering services in the realm of renewable energies, particularly offshore wind projects in France. With NIRAS’s extensive experience in global offshore wind and Egis’s strong foothold … Read the full press release

AstraZeneca and Sanofi’s Beyfortus Receives Approval in Japan for Prophylaxis against Respiratory Syncytial Virus

(IN BRIEF) AstraZeneca and Sanofi celebrate the approval of Beyfortus (nirsevimab) in Japan by the Ministry of Health, Labour, and Welfare for preventing lower respiratory tract disease (LRTD) caused by respiratory syncytial virus (RSV) in neonates, infants, and children entering … Read the full press release

AstraZeneca’s Truqap Gets Green Light in Japan for Advanced Breast Cancer Treatment

(IN BRIEF) AstraZeneca announces the approval of Truqap (capivasertib) in combination with Faslodex (fulvestrant) by the Japanese Ministry of Health, Labour, and Welfare (MHLW) for treating adult patients with unresectable or recurrent hormone receptor-positive, HER2-negative breast cancer. The approval, based … Read the full press release

Hexagon Embraces Digital Distribution for Annual Reports, Promoting Sustainability

(IN BRIEF) Hexagon, a leading technology company, announces the availability of its Annual Report and Sustainability Report for 2023 on its website, hexagon.com. Striving for sustainability, the company opts for digital distribution but offers printed copies upon request. Additionally, the … Read the full press release

EBRD Launches Risk-Sharing Framework with PBZ to Boost Financing for Croatian Businesses

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) initiates a new risk-sharing framework with Privredna banka Zagreb d.d. (PBZ), offering up to €75 million in guarantees to share partner banks’ exposure to local enterprises in Croatia. PBZ, part … Read the full press release

EBRD Extends €50 Million Loan to Fraport TAV for Antalya Airport Upgrades

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced a €50 million loan to Fraport TAV Antalya Yatirim Yapim ve Isletme (FTA) in Türkiye, aimed at financing the completion of upgrades to Antalya Airport. These enhancements, including … Read the full press release

European Investment Bank Boosts Polish Economy with €600 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has agreed to extend a €600 million loan to the Republic of Poland, aiming to bolster the country’s economy through investments in digital and social development. EIB Vice-President Teresa Czerwińska highlighted the strategic … Read the full press release

Infineon Unveils SSO10T TSC Package: Revolutionizing Automotive Power Designs

(IN BRIEF) Infineon Technologies AG launches the SSO10T TSC package, integrating OptiMOS™ MOSFET technology with a direct top-side cooling concept, ensuring superior thermal performance in automotive electronic control units. This innovative package facilitates a compact double-sided PCB design, significantly reducing … Read the full press release

Heidelberg Materials Secures Major Funding for Groundbreaking Carbon Capture Project in Indiana

(IN BRIEF) Heidelberg Materials has been granted up to US$500 million in funding by the US Department of Energy to advance industrial-scale carbon capture, transport, and storage (CCUS) at its cement plant in Mitchell, Indiana. This significant investment marks a … Read the full press release

Borealis and AKVA Group Launch World’s First Renewable Plastic Workboat Hull, Redefining Aquaculture Sustainability

(IN BRIEF) Borealis and AKVA Group have collaborated to introduce a groundbreaking innovation in sustainable aquaculture: the world’s first workboat hull crafted from renewable plastic. Utilizing Borealis’ Bornewables™ range of renewable polyolefins, AKVA Group’s iconic Polarcirkel series now boasts a … Read the full press release

CEB Approves €1.3 Billion in Loans Across Europe for Social Sector Investments

(IN BRIEF) The Council of Europe Development Bank (CEB) has approved 11 new loans totaling €1.3 billion across various countries and sectors. These loans aim to address critical social issues such as microfinance, healthcare, education, and post-disaster reconstruction. Among the … Read the full press release

Sony Study Reveals Persisting Mental Health Challenges Among European Surgeons and Oncologists

(IN BRIEF) A recent survey conducted by Sony Healthcare Europe indicates that 95% of surgeons and oncologists across Europe experienced negative mental health issues in 2023, a level comparable to the aftermath of the pandemic in 2021. The survey of … Read the full press release

BT and Zscaler Strengthen Partnership to Deliver Enhanced Managed Security Services

(IN BRIEF) Zscaler, Inc. and BT have announced an expanded partnership to offer a comprehensive suite of managed security services based on the Zscaler AI-driven Zero Trust Exchange™ cloud security platform. BT will become the first global service provider to … Read the full press release

Hachette Livre Partners with Gallmeister, Expanding Distribution Reach

(IN BRIEF) Hachette Livre announces a strategic partnership with Gallmeister, an esteemed independent publisher known for its commitment to quality literature worldwide. As part of the collaboration, Hachette Livre will acquire a minority stake in Sequoia, Gallmeister’s distribution arm, and … Read the full press release

Merck Expands M LabTM Collaboration Center in Shanghai, Enhancing Biopharmaceutical Capabilities

(IN BRIEF) Merck, a prominent science and technology company, announces a €14 million expansion of its M LabTM Collaboration Center in Shanghai, bolstering its support for the biopharmaceutical industry in China. The expansion includes new facilities such as a biology … Read the full press release

Skanska Secures USD 211M Contract Amendment for Beaverton High School Rebuild Project

(IN BRIEF) Skanska announces a contract amendment worth USD 211 million with Beaverton School District for the Beaverton High School Rebuild Project in Oregon, USA. The project involves constructing a new three-story high school building spanning approximately 28,000 square meters … Read the full press release