Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

Outokumpu Oyj repurchased 60,404 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu has concluded its share repurchase program, acquiring a total of 60,404 of its own shares across various trading venues, amounting to EUR 249,067.53. This move follows the announcement of a share buyback program of up to 11 … Read the full press release

EQT Private Capital Asia Completes Block Trade, Exits Stake in India’s CMS Info Systems

(IN BRIEF) EQT Private Capital Asia has finalized the sale of its remaining 26.7 percent stake in CMS Info Systems Limited, India’s foremost cash management company, through a USD 187 million block trade. During EQT’s ownership, CMS strengthened its market … Read the full press release

EIB and Hypo Vorarlberg Partner to Finance Energy-Efficient Housing Projects

(IN BRIEF) The European Investment Bank (EIB) and Hypo Vorarlberg have inked agreements to fund the construction of highly energy-efficient residential buildings. The deal comprises a synthetic securitisation transaction and a funding transaction, totaling €61 million. This initiative aims to … Read the full press release

Barclays’ Omar Faruqui Appointed Director General of UK Takeover Panel

(IN BRIEF) Omar Faruqui, Barclays’ Co-Head of M&A for Europe, Middle East, and Africa, has been appointed as the Director General of the UK Takeover Panel, commencing a two-year secondment from Barclays starting May 1, 2024. The UK Takeover Panel, … Read the full press release

Orange MEA Partners with Tencent Cloud to Enhance Max it Super-App Ecosystem

(IN BRIEF) Orange Middle East & Africa (OMEA) has forged a strategic alliance with Tencent Cloud, the cloud arm of global tech giant Tencent, to enhance its super-app Max it and expand its service offerings across the Middle East and … Read the full press release

Orange MEA Partners with MIGA to Expand Telecommunications Infrastructure in MEA

(IN BRIEF) Orange Middle East and Africa (OMEA) collaborates with the Multilateral Investment Guarantee Agency of the World Bank (MIGA) to ensure guarantees for its subsidiary, including mobile money, and to bolster the expansion of its telecommunications infrastructure across the … Read the full press release

Telefónica Partners with Fini Company for Extensive Digital Transformation

(IN BRIEF) At Mobile World Congress (MWC) 2024, Telefónica announced a strategic partnership with the Fini Company, Spain and Brazil’s leading candy manufacturer, aiming to revolutionize their operations through digitalization over the next three years. Dubbed ‘Fini360º Digitization,’ the project … Read the full press release

Telefónica and Ericsson Unveil the Technological Marvels Behind Lang Lang’s Unforgettable Concert Experience

(IN BRIEF) At Mobile World Congress (MWC) 2024, Telefónica and Ericsson divulged the technical intricacies behind the groundbreaking concert featuring Chinese pianist Lang Lang at the Gran Teatre del Liceu in Barcelona. Leveraging the power of 5G technology, the event … Read the full press release

DHL and Formula 1 Extend Partnership to Drive Sustainability in Motorsports Logistics

(IN BRIEF) DHL and Formula 1 have announced a multi-year extension of their partnership, with DHL commemorating its 20th anniversary as the Official Logistics Partner of Formula 1. This collaboration, the longest-standing global partnership in the sport’s history, signifies a … Read the full press release

Vodafone and Broadcom’s Collaborative Effort to Optimize Network Performance at MWC 2024

(IN BRIEF) Vodafone and Broadcom, showcased at the Mobile World Congress 2024, present a collaborative solution aimed at enhancing network performance amidst the proliferation of bandwidth-consuming short video clips. By leveraging innovative technology co-developed by both companies, content providers can … Read the full press release

Bentley Residences Miami: Where Luxury Living Meets Automotive Artistry

(IN BRIEF) Bentley Motors, in collaboration with Dezer Development, has broken ground on Bentley Residences Miami, the first-ever Bentley-branded residential tower, located on an exclusive oceanfront stretch in Sunny Isles Beach. Featuring 216 private residences with innovative car lifts and … Read the full press release

Deutsche Telekom Unveils Network-Based Cybersecurity Solutions at Mobile World Congress

(IN BRIEF) At the Mobile World Congress in Barcelona, Deutsche Telekom (DT) introduces “Magenta Security on Net,” a new line of network-based security products designed to protect customers from the growing threats of cybercrime while on the go. These innovative … Read the full press release

Enhancing Cycling Safety: Lazer Sport Partners with Siemens Xcelerator

(IN BRIEF) Lazer Sport NV, a prominent European cycling helmet manufacturer, has partnered with Siemens Digital Industries Software to develop their latest innovation, KinetiCore rotational impact protection technology. Through the adoption of Siemens Xcelerator portfolio, Lazer Sport aims to enhance … Read the full press release

Siemens Unveils Gridscale X DER Insights Software to Enhance Grid Visibility and Support Net-Zero Goals in the US

(IN BRIEF) Siemens has introduced Gridscale X DER Insights software, aiming to revolutionize grid management and support the US’s goal of achieving net-zero emissions by 2050. As distributed energy resources (DERs) proliferate, utilities face operational challenges in managing grid stability … Read the full press release

Siemens Unveils Gridscale X Software to Accelerate Grid Decarbonization and Digital Transformation

(IN BRIEF) Siemens has introduced Gridscale X, a groundbreaking software solution aimed at revolutionizing grid management and facilitating the energy transition. Gridscale X empowers utilities to rapidly scale grid capacity, manage the complexity of distributed energy resources (DERs), and enhance … Read the full press release

Škoda Auto India Unveils Plans for New Compact SUV to Propel Market Growth

(IN BRIEF) Škoda Auto India has announced the development of an all-new compact SUV, marking the next phase of its product expansion strategy following the successful launches of the Kushaq and Slavia models. Scheduled for debut in the first half … Read the full press release

Orange and BNP Paribas Forge Partnership for Seamless Banking Experience Across France and Spain

(IN BRIEF) In a significant move towards enhancing customer service, Orange and BNP Paribas have finalized agreements following exclusive negotiations initiated in June 2023. The partnership entails various arrangements aimed at providing banking continuity and innovative solutions for Orange Bank … Read the full press release

EBRD Hosts Western Balkans Investment Summit, Spotlighting Regional Potential

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) convened the Western Balkans Investment Summit 2024 in London, welcoming the heads of government from Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia. The summit aimed to showcase … Read the full press release

EBRD Reinforces Commitment to Türkiye’s Tech Sector with Follow-On Investment in Dgpays

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has solidified its support for Türkiye’s burgeoning technology sector by investing in Dgpays, a rapidly expanding tech firm. Partnering with Truffle Capital, the EBRD’s follow-on investment in Dgpays underscores its … Read the full press release

Naturgy Demonstrates Resilience with 20% Increase in Net Profit for 2023

(IN BRIEF) Naturgy, a prominent energy group, announced strong financial results for 2023 despite challenging market conditions. Their EBITDA increased by 11%, reaching 5,475 million euros, with a 20% rise in net profit to 1,986 million euros. The company heavily … Read the full press release