Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

Savills Bolsters Central London Dilapidations Team with Key Appointments

(IN BRIEF) Savills has reinforced its central London dilapidations and lease management team with the addition of Adam Nash as Director and Ollie Hill as Associate. With nearly 20 years of experience, Adam brings a wealth of expertise in dilapidations, … Read the full press release

CapMan Social Real Estate Fund Expands Portfolio with Acquisition of Porcelænshaven Property in Copenhagen

(IN BRIEF) CapMan Social Real Estate (CMSRE) has acquired Porcelænshaven, a historic office and educational property in Frederiksberg, Copenhagen, fully leased to Copenhagen Business School (CBS). With 19,300 m2 of lettable space, the property, nestled near Frederiksberg Gardens, dates back … Read the full press release

Covestro and RWE Forge Long-Term Pact for Green Energy Supply

(IN BRIEF) Covestro and RWE have inked a substantial long-term power purchase agreement (PPA) aimed at bolstering Covestro’s Antwerp production site in Belgium with renewable energy from offshore wind turbines in the North Sea. This collaboration, spanning from 2026 to … Read the full press release

BAE Systems Applauds Commonwealth’s Surface Combatant Review for Australian Naval Fleet

(IN BRIEF) The Commonwealth of Australia’s Surface Combatant Review (SCR) announcement marks a significant milestone in the establishment of a next-generation naval surface fleet, with particular implications for BAE Systems Australia’s operations. The confirmation of the Hunter Class Frigate Program’s … Read the full press release

EBRD’s €22 Million Loan to Boost Tbilisi’s Waste Management System

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €22 million loan to Tbilservice Group, aimed at enhancing Tbilisi’s solid waste management and disposal system. This funding, co-financed by the Green Climate Fund, will facilitate the … Read the full press release

LSEG Sets New Standard with 26 Weeks’ Global Paid Parental Leave

(IN BRIEF) London Stock Exchange Group (LSEG) announces a groundbreaking enhancement to its parental leave policy, introducing 26 weeks of fully paid leave for all employees welcoming a child into their family, effective from July 1, 2024. This move, irrespective … Read the full press release

Telefónica Unveils ‘100 Years Leading Change’ Showcase at MWC Barcelona

(IN BRIEF) Telefónica, celebrating its Centenary in 2024, is set to showcase its most innovative offerings at the Mobile World Congress (MWC) in Barcelona. Under the theme ‘100 Years Leading Change’, the company will exhibit cutting-edge connectivity solutions, sustainable technologies, … Read the full press release

DNV’s ReWind Pilot Demonstrates Cost and Time Savings in Wind Turbine Decommissioning

(IN BRIEF) DNV has successfully piloted ReWind, a digital service aimed at enhancing the sustainability of wind turbine decommissioning. The pilot involved seven customers across seven countries, resulting in significant time and cost savings compared to traditional methods. ReWind automates … Read the full press release

Kapsch TrafficCom Implements MLFF Tolling System on Vital French Highways

(IN BRIEF) Kapsch TrafficCom has been awarded a tolling contract by APRR (Autoroutes Paris-Rhin-Rhône) to implement a Multi-Lane Free Flow (MLFF) tolling system on key autoroutes in France. This project involves installing nearly 30 gantries along approximately 430 kilometers of … Read the full press release

Tech Advancements: Thales Establishes Avionics and Cybersecurity Hub in Singapore

(IN BRIEF) Thales is expanding its presence in Singapore by establishing a Centre of Excellence for avionics and Digital Identity & Security engineering footprint. These initiatives, in collaboration with the Singapore Economic Development Board, aim to strengthen Thales’ position as … Read the full press release

Skanska to Construct Sustainable Residential and Commercial Complex in Gothenburg’s Masthuggskajen

(IN BRIEF) Skanska has entered into an agreement with Elof Hansson Fastigheter and Riksbyggen to develop a new residential block and commercial premises at Masthuggskajen in Gothenburg, Sweden, with a contract valued at approximately SEK 340 million. The project encompasses … Read the full press release

E.ON Unveils Strategic Brand Realignment to Champion Sustainable Energy Future

(IN BRIEF) E.ON, a prominent energy company, is undergoing a strategic brand realignment to reflect its active role in driving the energy transition towards sustainability. The new brand positioning emphasizes E.ON’s commitment to shaping Europe’s sustainable energy future and taking … Read the full press release

Skanska and Obos Invest NOK 1.1 Billion in Sustainable Residential Block in Fornebu, Norway

(IN BRIEF) Skanska, in partnership with Obos, announces a NOK 1.1 billion investment in a new residential block in Fornebu, Norway, with Skanska’s share amounting to NOK 555 million. The construction contract, valued at NOK 533 million, will be executed … Read the full press release

Accenture Boosts AI-Powered Customer Insights with GemSeek Acquisition

(IN BRIEF) Accenture (NYSE: ACN) has announced its acquisition of GemSeek, a prominent player in customer experience analytics, as part of its ongoing investment in data and AI capabilities through Accenture Song. GemSeek, founded in 2011, brings advanced analytics expertise … Read the full press release

Innovative Network Expansion: Vodafone Unveils Open RAN Sites in 20 Romanian Cities

(IN BRIEF) Vodafone is deploying Open Radio Access Network (RAN) sites across 20 cities in Romania, building on successful trials in Europe and commercial deployment in the UK. Open RAN offers a more flexible and innovative approach to mobile networking, … Read the full press release

Innovative Vehicle Security: trinamiX and Continental Showcase Face Authentication at MWC

(IN BRIEF) trinamiX GmbH and Continental unveil innovative Face Authentication technology for vehicles at the Mobile World Congress. The system offers secure, contactless vehicle access and ignition via biometric user authentication, seamlessly integrated into the B-pillar and driver display. It … Read the full press release

Vectron Locomotives: Railpool’s Strategic Investment with Siemens Mobility

(IN BRIEF) Railpool and Siemens Mobility have entered into a significant agreement for the delivery of up to 250 locomotives, with Railpool initially calling up 70 Vectron locomotives. These locomotives, including multisystem and AC variants, will enhance Railpool’s operational flexibility … Read the full press release

Philips Nominates New Members to Supervisory Board, Continues Focus on Healthcare Innovation

(IN BRIEF) Royal Philips, a prominent player in health technology, proposes the re-appointment of Chairman Feike Sijbesma and Peter Löscher to its Supervisory Board, along with the appointment of Benoît Ribadeau-Dumas as a new member. The nominations, to be voted … Read the full press release

Outokumpu Oyj repurchased 2,744 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, concluded its share buyback program initiated in November 2023, purchasing a total of 2,744 shares across trading venues. The company had authorized a maximum buyback of 11 million shares with a budget … Read the full press release

EIF and BT Microfinantare IFN Expand InvestEU Microfinance Guarantee for Romanian Entrepreneurs

(IN BRIEF) The European Investment Fund (EIF) and BT Microfinantare IFN (BT Mic) have reinforced their commitment to the InvestEU Microfinance, Social and Skills Guarantee Product, aiming to provide financial support to 10,000 microenterprises across various sectors, including agriculture, in … Read the full press release