Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

University of York Celebrates Tenth Anniversary of YorkTalks Research Showcase with Engaging Topics

(IN BRIEF) The University of York is hosting its tenth annual YorkTalks research showcase, featuring experts delivering free short talks on a variety of subjects, including the future of local pubs, artificial intelligence ethics, and the role of spirituality in … Read the full press release

Majda Lahlou Kassi Takes the Helm as Ericsson’s VP for West Africa and Morocco

(IN BRIEF) Ericsson has announced the appointment of Majda Lahlou Kassi as the Vice President and Head of Ericsson West Africa and Morocco, effective from January 1, 2024. With nearly 25 years of experience at Ericsson, Majda will lead the … Read the full press release

OMV Petrom Expands Renewable Portfolio with 1 GW Capacity and Dominant EV Charging Network Acquisition

(IN BRIEF) OMV Petrom, Southeast Europe’s largest integrated energy company, is set to acquire a 50% stake in Electrocentrale Borzesti, which holds a 1 GW capacity of renewable projects, including 950 MW of wind and 50 MW of photovoltaic, in … Read the full press release

Ricoh Strengthens Production Print Capabilities with Albyco Acquisition

(IN BRIEF) Ricoh, a leader in the print and graphics industry, has successfully acquired Albyco, a Netherlands-based business specializing in finishing solutions for digital graphic communications, labels, signage, and packaging. This strategic move enhances Ricoh’s production print finishing capabilities across … Read the full press release

Accenture Finalizes Acquisition of U.K. Tech Consultancy 6point6

(IN BRIEF) Accenture has successfully concluded its acquisition of 6point6, a prominent U.K. technology consultancy known for its expertise in cloud, data, and cybersecurity. This strategic acquisition bolsters Accenture’s capabilities in strategy and architecture, with a strong focus on sectors … Read the full press release

Lithuania Acquires Thales Ground Master 200 Radars for Enhanced Defense Capabilities

(IN BRIEF) Lithuania’s Defence Material Agency (DMA) has entered into an agreement with the Dutch procurement Agency COMMIT to procure Thales Ground Master 200 Multi-Mission Compact radars (GM200 MM/C). These advanced radars are designed to provide simultaneous detection, tracking, and … Read the full press release

SGS Launches New Rail Services Page: Your One-Stop Solution for Railway Industry Expertise

(IN BRIEF) SGS, a leading provider of testing, inspection, and certification services for the railway sector, has introduced its Rail Services page on SGS.com, offering a wealth of information on its comprehensive services tailored to the railway industry. Recognizing the … Read the full press release

Norsk Hydro ASA Share Buyback Program: Over 14 Million Shares Repurchased

(IN BRIEF) Norsk Hydro ASA provides an update on its ongoing share buyback program, which began on September 22, 2023, and is scheduled to conclude on February 29, 2024. The company reports transactions, including the number of shares repurchased and … Read the full press release

Indra Achieves ISO 31030 Certification for Comprehensive Travel Risk Management

(IN BRIEF) Indra has secured the ISO 31030 certification from AENOR, becoming the first Spanish company to do so. The certification acknowledges Indra’s effective management of the travel risks faced by its professionals during business trips, prioritizing their well-being, health, … Read the full press release

Kapsch TrafficCom Successfully Launches First Phase of Serbia’s Moravski Corridor Tolling Project

(IN BRIEF) Kapsch TrafficCom has achieved a milestone with the successful opening of the initial phase of the Moravski corridor and Ruma-Šabac highway tolling project in Serbia. The completed first stage, linking Ruma and Šabac near Belgrade, was executed in … Read the full press release

Equinor and bp Terminate Empire Wind 2 OREC Agreement Amid Economic Challenges

(IN BRIEF) Equinor and bp have jointly decided to terminate the Offshore Wind Renewable Energy Certificate (OREC) Agreement for the Empire Wind 2 project, an offshore wind endeavor in the US capable of generating 1,260 MW of power. The move … Read the full press release

Enel Continues Share Buyback Program with Acquisition of 186,000 Treasury Shares

(IN BRIEF) Enel S.p.A. has announced the purchase of 186,000 treasury shares between December 27th and 29th, 2023, on the Euronext Milan market, at an average price of 6.7302 euros per share, amounting to 1,251,825.900 euros. This transaction is part … Read the full press release

QuantumScape’s Solid-State Battery Achieves Remarkable Milestone: Over 1,000 Charging Cycles with 95% Capacity Retention

(IN BRIEF) QuantumScape, a U.S. technology company specializing in solid-state batteries, has achieved a significant breakthrough in battery development, as confirmed by PowerCo. Their solid-state cell has surpassed expectations by successfully completing over 1,000 charging cycles while retaining 95% of … Read the full press release

EIB Backs Agria Group Holding’s Sunflower Oil Plant and Sustainable Transport in Bulgaria with €35 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has partnered with Kristera AD, a subsidiary of Agria Group Holding, to provide a €35 million loan for the construction of a new sunflower oil processing plant in northern Bulgaria and the acquisition … Read the full press release

Outokumpu Deepens Commitment to Clean Energy, Bolsters Stake in Rajakiiri Wind Farm

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel production, is taking steps to reduce its carbon footprint and enhance energy self-sufficiency. The company has invested further in the Rajakiiri wind farm in Tornio, Finland, increasing its ownership to … Read the full press release

Outokumpu Achieves Milestone in Share Repurchase, Now Holds Over 26 Million Treasury Shares

(IN BRIEF) Outokumpu, a prominent global stainless steel producer, has successfully completed its share repurchase program, which began on January 2, 2024. The company repurchased its own shares across various trading venues, totaling 239,035 shares at an average price of … Read the full press release

Kuehne+Nagel Paves the Way for Electric Trucks with Innovative Carbon Insetting Solution

(IN BRIEF) Kuehne+Nagel has introduced a new carbon insetting solution for electric vehicles (EVs), becoming the first logistics service provider to offer this solution, which was previously limited to low-emission fuels. This initiative aligns with Kuehne+Nagel’s Roadmap 2026 Living ESG … Read the full press release

Historic 100% Sustainable Aviation Fuel Transatlantic Flight Supported by Kuehne+Nagel

(IN BRIEF) On November 28, 2023, a groundbreaking achievement took place as the world’s first 100% Sustainable Aviation Fuel (SAF) transatlantic flight by a commercial airline successfully landed at New York JFK after departing from London Heathrow. Kuehne+Nagel, a key … Read the full press release

Barco NV Completes Share Buyback Program with 24.55% of Shares Repurchased

(IN BRIEF) Barco NV has disclosed details of its share buyback program, which started on December 19, 2023. Between December 27 and December 29, 2023, the company repurchased a total of 58,000 shares at an average price of €16.4721 per … Read the full press release

Skanska Commits SEK 2 Billion Investment to Lindhagen’s Olivin Office Building

(IN BRIEF) Skanska is set to invest SEK 2 billion in Olivin, an office building that marks the initial phase of development in the Lindhagen neighborhood. This substantial investment also includes a construction contract valued at approximately SEK 1 billion, … Read the full press release