Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

NatWest Group Marks Giving Tuesday 2023 with Generous Contributions to Charity

(IN BRIEF) Giving Tuesday, a global day promoting generosity and giving, organized by the Chartered Institute of Fundraising, is set to focus on celebrating acts of generosity and encouraging participation in charitable activities. NatWest Group, a long-time participant in Giving … Read the full press release

Orange Receives 2023 Terra Carta Seal for Leadership in Sustainability Initiatives

(IN BRIEF) The Sustainable Markets Initiative has awarded Orange the 2023 Terra Carta Seal, recognizing the company’s commitment to creating a climate and Nature-positive future. Orange has demonstrated its success in implementing high-impact, large-scale sustainability projects aligned with the Sustainable … Read the full press release

European Investment Bank and Investitionsbank des Landes Brandenburg Celebrate 30 Years of Successful Partnership

(IN BRIEF) The European Investment Bank (EIB) and the Investitionsbank des Landes Brandenburg (ILB) marked nearly three decades of collaboration at the EIB’s Berlin office. Since 1995, they have joined forces to finance various regional projects in the German state … Read the full press release

Hexagon AB Nominates Annika Falkengren and Ralph Haupter as New Board Members

(IN BRIEF) Hexagon AB’s Nomination Committee has put forth the recommendation to appoint Annika Falkengren and Ralph Haupter as independent members of Hexagon’s Board of Directors at the Annual General Meeting (AGM) scheduled for April 29, 2024. Annika Falkengren, with … Read the full press release

Rheinmetall Secures Mid-Two-Digit Million Euro Contract for Electric Coolant Pumps in Euro 7 Emission Standards Market

(IN BRIEF) Rheinmetall, a major international tech enterprise, has been awarded a significant contract for electric coolant pumps by one of the world’s largest automakers. The contract, valued in the mid-two-digit million-euro range, strengthens Rheinmetall’s position in the emerging Euro … Read the full press release

SEB’s Investment Outlook: Navigating Late-Cyclical Phase with Caution and Opportunities

(IN BRIEF) SEB’s Investment Outlook for the current economic situation suggests that a soft landing may be on the horizon, characterized by both a cyclical slowdown and ongoing efforts to combat inflation through tight monetary policies. While late-cyclical phases typically … Read the full press release

Global Authorities Collaborate to Dismantle Ransomware Network Responsible for Widespread Attacks

(IN BRIEF) Judicial and law enforcement agencies from seven countries have joined forces to take action against a criminal network responsible for a series of damaging ransomware attacks worldwide. These attacks have affected over 1,800 victims in 71 countries, primarily … Read the full press release

Schmalz Introduces Time-Saving Online Tool for Spring Plunger Design

(IN BRIEF) Schmalz, a leading provider of automation solutions, has introduced an online configurator for its FSTIm and FSTImc spring plungers. These spring plungers are widely used in sensitive industries like electronics and pharmaceuticals. The new tool allows designers and … Read the full press release

Webuild Group’s Growth and Innovation Drive Focus on Workplace Safety and Sustainability

(IN BRIEF) Webuild Group, a leading international infrastructure company, is focusing on workplace safety, process efficiency, and sustainability in response to the global energy transition. The company’s General Manager, Massimo Ferrari, highlighted their commitment during an address at the “Sustainability … Read the full press release

BAE Systems, PLEXSYS, and Red 6 Join Forces to Transform Military Training with Augmented Reality and Simulation Technology

(IN BRIEF) Three leading companies in military training, BAE Systems, PLEXSYS, and Red 6, have announced a collaborative effort to revolutionize military training for future forces. They plan to integrate Red 6’s augmented reality headset technology and PLEXSYS’ immersive simulation … Read the full press release

NatWest Launches ‘All Mod Cons’ Board Game to Educate Families About Scams Ahead of Christmas

(IN BRIEF) NatWest has introduced a unique board game called ‘All Mod Cons’ with the aim of increasing awareness about modern scams and encouraging family discussions about financial security, especially during the festive season. The game, available for 4-6 players, … Read the full press release

ING Repurchases Over 23 Million Shares as Part of €2.5 Billion Buyback Program

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has announced that, as part of its €2.5 billion share buyback program introduced on November 2, 2023, the company repurchased a total of 23,143,452 shares during the week of November 20 to November 24, 2023. These shares … Read the full press release

GreenPowerMonitor Launches GPM Hybrid PPC: A Game-Changer in Hybrid Power Plant Management

(IN BRIEF) GreenPowerMonitor (GPM), a subsidiary of DNV, has unveiled its innovative Hybrid Power Plant Controller (GPM Hybrid PPC) designed to revolutionize the management of hybrid power plants. Unlike conventional renewable energy plants that rely on a single power source, … Read the full press release

Europe’s Critical Infrastructure Faces Growing Threat from Extreme Rainfall Events

(IN BRIEF) Europe is experiencing a surge in extreme rainfall events, driven by climate change, leading to substantial financial consequences. Sweco’s “Expect the Unexpected: Floods and Critical Infrastructure” report highlights the urgent need for resilient urban infrastructure. It emphasizes asset-level … Read the full press release

EIB Provides €450 Million Loan to Iveco Group for Electric Mobility and Innovation

(IN BRIEF) The European Investment Bank (EIB) has approved a €450 million loan to Iveco Group, a global automotive leader, as part of a larger €500 million financing initiative. This funding aims to support the development of innovative technologies in … Read the full press release

EIB and Luminor Bank Sign €115 Million Agreement to Boost SME Financing in the Baltic States

(IN BRIEF) The European Investment Bank (EIB) and Luminor Bank AS have inked a €115 million agreement to enhance lending to small and medium-sized enterprises (SMEs) and mid-cap companies in Estonia, Latvia, and Lithuania. The collaboration between the EIB and … Read the full press release

EIB Grants €34 Million Loan to Support Social Housing in Milan’s Sarpi District

(IN BRIEF) The European Investment Bank (EIB) has provided a €34 million loan to the Ca’ Granda Fund, managed by Investire SGR, to support the construction of new social housing units in central Milan. Over 200 apartments in the Sarpi … Read the full press release

EIB Launches Regional Hub in Kyiv and Commits €450 Million to Support Ukraine’s Recovery and Resilience Initiatives

(IN BRIEF) The European Investment Bank (EIB) President Werner Hoyer and Vice-President Teresa Czerwińska visited Kyiv to reaffirm the EIB’s commitment to Ukraine. During the visit, they inaugurated the EIB Regional Hub for Eastern Europe in Kyiv, strengthening support for … Read the full press release

EIB Grants €110 Million Loan to Billerud for Eco-Friendly Pulp and Paper Mill Upgrades

(IN BRIEF) The European Investment Bank (EIB) has signed a SEK 1.3 billion (approximately €110 million) loan agreement with Billerud, a leading paper and packaging materials supplier based in Sweden. The loan will support the modernization and environmental upgrade of … Read the full press release

Sorégies Receives Financing Boost for Renewable Energy Development via InvestEU Program

(IN BRIEF) Local energy company Sorégies has secured financing through the InvestEU program, marking a significant step in its strategic plan to prioritize renewable energy development. Sorégies aims to self-generate at least 1,000 GWh of electricity by 2030, aligning with … Read the full press release