Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

EIB Boosts Bulgarian Economy with €291 Million Financing and Advisory Support

(IN BRIEF) The European Investment Bank (EIB) and European Investment Fund (EIF) have forged agreements with Bulgarian partners, including Allianz Bank Bulgaria (ABB) and United Bulgarian Bank (UBB), to enhance the country’s economy and advance its transition to carbon neutrality. … Read the full press release

Schroders Tops Forest 500 Assessment for Second Consecutive Year, Urgent Action Needed on Deforestation

(IN BRIEF) Schroders celebrates its recognition as the leading financial institution in Global Canopy’s Forest 500 annual assessment, reaffirming its commitment to addressing deforestation in investment operations and supply chains. The report, evaluating companies and financial institutions across key commodities, … Read the full press release

San Francisco Retains Top Spot in Schroders’ Global Cities Index, London Climbs to Second Place

(IN BRIEF) San Francisco maintains its leading position in Schroders’ Global Cities Index for the second consecutive year, driven by the resilience of its tech sector despite social challenges. London ascends to second place, surpassing its 2023 ranking, despite slower … Read the full press release

Safran Aircraft Engines Establishes New Foundry in Rennes, Brittany for Turbine Blade Manufacturing

(IN BRIEF) Safran Aircraft Engines has unveiled plans to establish a new foundry works, Safran Turbine Airfoils, in Rennes, Brittany, aimed at producing turbine blades for key engine programs like the M88 and the CFM International LEAP. Scheduled to commence … Read the full press release

Dr. Denis Hinz Appointed as New Head of SGL Carbon’s Carbon Fibers Business Unit

(IN BRIEF) Effective March 1, 2024, Dr. Denis Hinz will assume the role of Head of SGL Carbon’s Carbon Fibers Business Unit, succeeding Roland Nowicki, who will depart from the company on May 31, 2024, to pursue new endeavors. Nowicki, … Read the full press release

WACKER Group Unveils Innovative Silicone Solutions at Silicone Expo Europe 2024

(IN BRIEF) At the Silicone Expo Europe, commencing in Amsterdam, the WACKER Group is set to showcase its latest silicone-based product solutions tailored for various industrial sectors. These offerings include silicone gels for wound care, non-postcuring liquid silicone rubber for … Read the full press release

Telefónica Movistar Extends Support for Movistar KOI eSports Team at MWC

(IN BRIEF) During the Mobile World Congress (MWC), Telefónica Movistar announced its commitment to continue supporting the Movistar KOI eSports team for three more years, marking a decade of involvement in eSports since its pioneering entry into the field. Movistar … Read the full press release

Ahold Delhaize Releases 2023 Annual Report: Demonstrates Resilience and Commitment to Sustainability

(IN BRIEF) Ahold Delhaize unveils its 2023 Annual Report, highlighting its financial and non-financial performance amidst challenging circumstances. The report underscores the company’s dedication to creating value for customers and communities while advancing towards a healthier and sustainable food system. … Read the full press release

Uniper Achieves Exceptional Financial Success in 2023, Anticipates Lower Earnings in 2024

(IN BRIEF) Uniper reports outstanding financial results for the 2023 fiscal year, with adjusted EBIT reaching €6,367 million, a significant improvement from the previous year. The company’s strategic hedging transactions and operational enhancements contributed to this success, particularly in its … Read the full press release

Daimler Truck Leads Safety Innovation for European Roadways with Enhanced Vehicle Systems

(IN BRIEF) Daimler Truck is at the forefront of safety innovation as stricter EU regulations for new trucks, buses, and coaches are set to take effect in July 2024. With its latest safety systems, Daimler Truck not only meets but … Read the full press release

Infineon Enhances Growth Strategy with Streamlined Sales Organization

(IN BRIEF) Infineon Technologies AG is embarking on a path of ambitious growth by revamping its sales organization structure, effective from March 1. The restructuring will see the sales team organized into three customer-centric Sales Segments: “Automotive”, “Industrial & Infrastructure”, … Read the full press release

Infineon Unveils Next-Gen Solid-State Isolators for Faster and More Reliable Circuit Switching

(IN BRIEF) At the Applied Power Electronics Conference (APEC), Infineon Technologies AG launched a new family of Solid-State Isolators (iSSI) designed to enhance circuit switching performance. Using coreless transformer technology, the iSSI offer improved energy transfer and protection features not … Read the full press release

Holcim Nominates Michael H. McGarry, Former PPG Industries Chairman and CEO, for Board of Directors

(IN BRIEF) Holcim has proposed the election of Michael H. McGarry, former Chairman and Chief Executive of PPG Industries, to its Board of Directors at the upcoming Annual General Meeting in May 2024. With a background in global business leadership … Read the full press release

Holcim Surpasses Expectations with Record-Breaking 2023 Results, Achieving Strategy 2025 Milestones Ahead of Schedule

(IN BRIEF) Holcim, a global leader in building materials, has reported stellar financial results for the full year of 2023, with net sales reaching CHF 27.009 billion and recurring EBIT hitting CHF 4.76 billion. These figures represent an organic growth … Read the full press release

Danish Ministry of Defence Partners with BAE Systems for CV90 Fleet Maintenance

(IN BRIEF) BAE Systems has inked a 15-year framework agreement with the Danish Ministry of Defence to provide repair and maintenance services for the Danish Army’s CV90 fleet, valued at approximately $400 million. This agreement ensures sustained operational readiness for … Read the full press release

Breaking Boundaries: Siemens Launches Gridscale X Network Model Manager for North American ISOs and TSOs

(IN BRIEF) Siemens launches Gridscale X Network Model Manager, a revolutionary software for ISOs and TSOs in the US and Canada. This cutting-edge tool enables efficient grid management through a Digital Twin of the power grid, streamlining planning, development, and … Read the full press release

Sustainable Support: Repsol Powers Spanish Antarctic Campaign with 100% Renewable Energy

(IN BRIEF) Repsol, a leading energy company, is supplying 100% renewable fuels to power the Gabriel de Castilla Base during the Spanish Army’s 37th Antarctic Campaign. This initiative supports sustainability efforts in one of the most environmentally sensitive regions on … Read the full press release

New Era for Independent Workshops: ZF Aftermarket Unveils OE-Quality Commercial Vehicle Sensors

(IN BRIEF) ZF Aftermarket has introduced OE-quality sensors for commercial vehicles in the independent aftermarket under its WABCO brand. This marks the first time such high-quality sensors are available to independent workshops, enabling them to perform comprehensive repairs without compromising … Read the full press release

Driving Environmental Excellence: Metso Elevates Emission Reduction Efforts with Cutting-Edge Scrubber Pilot Plant

(IN BRIEF) Metso has installed a state-of-the-art multi-purpose scrubber pilot plant at its R&D center in Frankfurt, Germany. This facility will focus on developing and optimizing gas cleaning processes, particularly simultaneous scrubbing of SO2 and NOx at low temperatures. Equipped … Read the full press release

Thales Secures Contract to Provide Advanced Flight Simulators for German Armed Forces Helicopter Training

(IN BRIEF) Thales has signed a significant contract with Airbus Helicopters to supply 8 Full Flight Simulators (FFS) Reality H® for training pilots of the H145M helicopters used by the German Armed Forces. These high-tech simulators offer advanced realism and … Read the full press release