Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

AI Governance Alliance Releases Comprehensive Reports on Responsible AI Development and Access

(IN BRIEF) The AI Governance Alliance (AIGA) has published three significant reports addressing advanced artificial intelligence (AI) topics, including generative AI governance, responsible AI development, and deployment frameworks. AIGA, a collaborative initiative involving governments, businesses, and experts, seeks to ensure … Read the full press release

Stadler Expands Hydrogen Train Fleet for Italian Railway FdC

(IN BRIEF) Italian railway operator Ferrovie della Calabria (FdC) has ordered three additional hydrogen-powered narrow-gauge trains from Stadler as part of a framework agreement. These trains will run on regional and local routes in Italy’s Calabria region and are expected … Read the full press release

Lenovo’s Yoga Pro 9i Laptop Achieves “Perceptual Color Volume” Certification from TÜV Rheinland

(IN BRIEF) TÜV Rheinland Group, a renowned third-party testing, inspection, and certification organization, has awarded its “Perceptual Color Volume” Certification to Lenovo’s new Yoga Pro 9i (16″, 9) laptop, which was unveiled at CES. This cutting-edge laptop boasts a Mini … Read the full press release

European Investment Bank Subscribes €100 Million to Inaugural Green Social Bonds by in’li for Affordable Housing

(IN BRIEF) The European Investment Bank (EIB) has invested €100 million in the inaugural issue of green social bonds by in’li, a subsidiary of the Action Logement Group focused on affordable rental housing in Île-de-France. These funds will be dedicated … Read the full press release

Outokumpu Concludes Change Negotiations, Temporarily Restricts Ferrochrome Production

(IN BRIEF) Outokumpu has successfully concluded its change negotiations, which involved the temporary restriction of ferrochrome production at its facilities in Tornio, Finland. This decision entails the closure of one ferrochrome furnace and one sintering plant until autumn 2024. Initially … Read the full press release

Outokumpu Completes Share Buyback Program, Acquiring 281,802 Treasury Shares

(IN BRIEF) On January 17, 2024, Outokumpu, a Finnish stainless steel manufacturer, successfully concluded its share buyback program, repurchasing a total of 281,802 of its own shares across various trading venues. The company had initiated the program on November 29, … Read the full press release

Norsk Hydro Completes Share Buyback Program, Boosting Equity Stake to 1.53%

(IN BRIEF) Norsk Hydro ASA has successfully concluded its share buyback program, which began on September 22, 2023, and concluded on February 29, 2024. The program resulted in the acquisition of a total of 31,255,117 shares, equivalent to 1.53% of … Read the full press release

Saab Secures SEK 300 Million Contract for Mobile Short Range Air Defence Solution in Sweden

(IN BRIEF) Saab has been awarded a contract worth approximately SEK 300 million from the Swedish Defence Materiel Administration (FMV) for its Mobile Short Range Air Defence (MSHORAD) solution. The contract, spanning 2024 to 2026, will see the deployment of … Read the full press release

PGNiG Upstream Norway Expands License Portfolio with Ten New Exploration Areas in Norwegian Continental Shelf

(IN BRIEF) PGNiG Upstream Norway AS (PUN), a subsidiary of the ORLEN Group, has secured ten new license areas for exploration on the Norwegian Continental Shelf through the Awards in Predefined Areas (APA) for 2023. PUN will act as the … Read the full press release

Rheinmetall Secures Multi-Million Euro Order for Engine Components in Heavy Transport Segment

(IN BRIEF) Rheinmetall, a leading tech enterprise, has received a significant order for rocker arm bushings, engine components used in various heavy transport segment engine variants, from a renowned global vehicle manufacturer. This order, valued in the lower-two-digit million-euro range … Read the full press release

Rheinmetall Secures €350 Million Contract to Supply Ammunition for German Puma Infantry Fighting Vehicle

(IN BRIEF) The German Bundeswehr has awarded Rheinmetall a contract worth over €350 million to produce and deliver several hundred thousand rounds of 30mm x 173 DM21 service ammunition for the Puma infantry fighting vehicle. This contract, part of an … Read the full press release

CO-RO Chooses Alfa Laval’s Sustainable Juice Mixing Plant for Enhanced Efficiency

(IN BRIEF) Denmark’s renowned beverage and home-freeze ice lolly producer, CO-RO, has selected Alfa Laval to provide a complete juice mixing plant for its processing facility in Frederikssund, Denmark. Sustainability plays a pivotal role in this collaboration, as food and … Read the full press release

Evonik Launches VISIOMER® HEMA-P 100: An Innovative Flame Retardant Monomer

(IN BRIEF) Evonik has introduced VISIOMER® HEMA-P 100, a groundbreaking phosphate methacrylate monomer known for its nonmigratory and long-lasting effects. This innovative monomer enhances transparency while providing flame retardancy, improved adhesion, and corrosion reduction. It serves as an effective adhesion … Read the full press release

Evonik Appoints Dr. Max Preisenberger as Head of Catalysts Business Line

(IN BRIEF) Evonik has named Dr. Max Preisenberger as the new head of its Catalysts business line, succeeding the retired Sanjeev Taneja. Dr. Preisenberger, who previously oversaw Finance and Strategy in the Specialty Additives division, brings a strong background in … Read the full press release

Covestro Partners with Encina for Circular Chemicals Supply in Sustainability Drive

(IN BRIEF) Covestro, a leading global high-performance polymer company, has entered into a long-term supply agreement with Encina, a US-based producer of ISCC PLUS certified circular chemicals. Encina will supply Covestro with chemically recycled circular feedstock derived from post-consumer end-of-life … Read the full press release

Maersk and Hapag-Lloyd Announce ‘Gemini Cooperation’ for Enhanced Ocean Network

(IN BRIEF) Maersk and Hapag-Lloyd, two major shipping companies, have unveiled a new operational collaboration named the “Gemini Cooperation,” set to commence in February 2025. The partnership aims to provide a flexible and highly reliable ocean network, with a combined … Read the full press release

ABN AMRO Extends Partnership with Esther Vergeer Foundation to Promote Inclusivity in Sports for Children with Disabilities

(IN BRIEF) ABN AMRO has announced an extension of its partnership with the Esther Vergeer Foundation for an additional two years, continuing their joint efforts to enable children with physical disabilities and chronic conditions to engage in sports and experience … Read the full press release

Jolanda Poots-Bijl Steps Down from AkzoNobel’s Supervisory Board Due to New CFO Role at Ahold Delhaize

(IN BRIEF) Jolanda Poots-Bijl has decided to resign from her position as a member of AkzoNobel’s Supervisory Board, effective from January 31, due to her recent appointment as the CFO of Ahold Delhaize, which would limit her availability for her … Read the full press release

University of Helsinki Study: Advancing Colorectal Cancer Risk Assessment with Comprehensive Genetic Information

(IN BRIEF) A study led by researchers at the University of Helsinki highlights the need for a more comprehensive approach to assessing the hereditary risk of colorectal cancer. By analyzing genetic data and health records of over 450,000 Finns, the … Read the full press release

Addressing Food Insecurity Among Workers: University of Liverpool Law School’s Research and Advocacy Efforts

(IN BRIEF) The University of Liverpool Law School is hosting an event to advocate for addressing the recommendations of a research report aimed at improving the protection of workers facing food insecurity. The report, developed in collaboration with Feeding Liverpool, … Read the full press release