Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

Outokumpu and Q Power Partner to Revolutionize Stainless Steel Production with Synthetic Methane Innovation

(IN BRIEF) Outokumpu, a key player in sustainable stainless steel production, has joined forces with Q Power, a Finnish Power-to-X technology firm, to embark on a venture aiming to explore the production of synthetic methane at Outokumpu’s Tornio site in … Read the full press release

CapMan’s Strategic Move: Completes Acquisition of Dasos Capital Oy Through Directed Share Issue

(IN BRIEF) CapMan has finalized its acquisition of Dasos Capital Oy, a sustainable timberland investment company, through a share exchange. The Board of Directors of CapMan has authorized a directed issue of new CapMan shares to fulfill the payment obligations … Read the full press release

LUKOIL Initiates Construction of Solar Power Plant in Kazakhstan, Aiming for Sustainable Energy Solutions

(IN BRIEF) In a significant step towards sustainability, LUKOIL lays a commemorative capsule to signify the beginning of construction for a solar power plant (SPP) in the Almaty region of Kazakhstan. The project, with a design capacity of 4.95 MW, … Read the full press release

Leoni Completes Relocation to ‘Factory of the Future,’ Hands Over Historic Site to City of Roth

(IN BRIEF) Leoni Kabel GmbH marks the end of an era as it completes the relocation of its cable manufacturing operations from its historic Stieberstrasse site to its state-of-the-art Factory of the Future in Roth. The ceremonial handover of the … Read the full press release

Infineon Teams Up with Qt Group to Revolutionize GUI Development for Microcontrollers

(IN BRIEF) In response to the growing demand for faster time-to-market and high-resolution graphical displays in the semiconductor market, Infineon Technologies AG has partnered with Qt Group to integrate Qt’s lightweight graphics framework into its TRAVEO™ T2G cluster microcontrollers. These … Read the full press release

BBVA Launches €781 Million Share Buyback Program as Part of Shareholders’ Distributions

(IN BRIEF) BBVA is set to commence a new share buyback program on Monday, March 4th, amounting to €781 million, following approval from the European Central Bank. This buyback, constituting part of the regular distributions for 2023, is a component … Read the full press release

Celebrating Women Entrepreneurs: Türkiye’s 17th Women Entrepreneur Awards

(IN BRIEF) Garanti BBVA, in collaboration with ‘The Ekonomist’ and the Women Entrepreneurs Association of Türkiye (KAGIDER), recently hosted Türkiye’s 17th Women Entrepreneur Awards on February 27, 2024. Nagihan Yılmaz was honored as the “Woman Entrepreneur of the Year” for … Read the full press release

Ricoh Recognized Among Top 50 Companies in Carbon Clean200™ List for Sixth Consecutive Year

(IN BRIEF) Ricoh has once again been included in the prestigious Carbon Clean200™ list, ranking among the top 50 companies globally leading the transition to clean energy. Organized by Corporate Knights and As You Sow, the list evaluates companies based … Read the full press release

Kuehne+Nagel Strengthens Cross-Border Road Logistics with City Zone Express Acquisition

(IN BRIEF) Kuehne+Nagel has announced its acquisition of City Zone Express, a subsidiary of Chasen Holdings Ltd., expanding its cross-border road logistics services in Southeast Asia and China. City Zone Express, with operations across Malaysia, Singapore, Vietnam, Thailand, and China, … Read the full press release

Unilever Appoints Heiko Schipper as President, Nutrition Business Group

(IN BRIEF) Unilever has announced the appointment of Heiko Schipper as President of the Nutrition Business Group, effective May 1, 2024. Heiko, currently serving as President of Bayer Consumer Health, brings extensive experience and a successful track record in the … Read the full press release

Equinor Resumes Helicopter Flights After Safety Review

(IN BRIEF) Equinor, following consultation with the Civil Aviation Authority, has made the decision to resume flights with Sikorsky S-92 helicopters to installations on the Norwegian continental shelf (NCS). This decision comes after a temporary suspension of all flights following … Read the full press release

Aegon Plans to Re-elect Lard Friese as CEO for Another Four Years

(IN BRIEF) Aegon’s Board of Directors announces its intention to nominate Lard Friese for re-election as Executive Director and CEO at the upcoming Annual General Meeting of Shareholders (AGM) on June 12, 2024, for another four-year term. Since assuming the … Read the full press release

RWE’s Werne Plants Awarded Contract for 820 Megawatt Reserve Capacity

(IN BRIEF) RWE Generation’s natural gas combined cycle units F and G, along with the K1 gas turbine at the Gersteinwerk site in Werne, have secured a contract to provide 820 megawatts of reserve power in the period from October … Read the full press release

DHL Group Inaugurates State-of-the-Art Logistics Center in Poznan, Poland

(IN BRIEF) DHL Group unveils its new international logistics center in Robakowo, near Poznan, Poland, in collaboration with DHL eCommerce, Post & Parcel Germany, and DHL Freight. Representing an investment of approximately 180 million euros, the facility spans 32,000 sqm … Read the full press release

Siemens Launches Revolutionary Circuit Protection Device: SENTRON ECPD

(IN BRIEF) Siemens introduces SENTRON ECPD (Electronic Circuit Protection Device), a groundbreaking innovation in circuit protection technology. The device offers ultra-fast, wear-free switching, up to 1,000 times faster than conventional circuit breakers, enhancing safety and minimizing short-circuit energy. It provides … Read the full press release

Generali Completes Disposal of TUA Assicurazioni to Allianz

(IN BRIEF) Generali has finalized the sale of TUA Assicurazioni S.p.A. to Allianz, in line with the company’s strategic objectives outlined in its “Lifetime Partner 24: Driving Growth” strategy in Italy. This move aims to drive profitable growth, streamline operations … Read the full press release

Allianz Completes Acquisition of Tua Assicurazioni from Assicurazioni Generali

(IN BRIEF) Allianz S.p.A. has finalized the acquisition of Tua Assicurazioni S.p.A. from Assicurazioni Generali S.p.A. for 280 million euros, as previously announced on October 12, 2023. With regulatory approvals secured, Allianz anticipates a 1-percentage-point increase in its P/C market … Read the full press release

Eurojust and Europol Lead International Effort to Dismantle Trafficking Ring Exploiting Women

(IN BRIEF) In a coordinated effort led by Eurojust and Europol, authorities in Belgium and Hungary have made significant strides in combatting human trafficking by dismantling an organised crime group involved in the sexual exploitation of women. Eight suspects were … Read the full press release

EBRD and Eiffel Investment Group Collaborate to Boost Solar Energy in Poland with €45 Million Joint Loan

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Eiffel Investment Group are teaming up to advance solar energy development in Poland through a €45 million joint loan to PL-SUN Sp.z.o.o. This funding will support the construction of … Read the full press release

Enhancing Mining Operations: Sandvik to Supply AutoMine® System to Codelco’s Chilean Mine Project

(IN BRIEF) Sandvik, a global leader in mining solutions, has secured a significant order from Codelco, the world’s largest copper producer. Valued at around SEK 300 million, the order is for Sandvik’s AutoMine® load and haul automation system to be … Read the full press release