Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

TenneT and Statnett Explore Hybrid Interconnector for North Sea Wind Energy

(IN BRIEF) On November 16, 2023, transmission system operators TenneT and Statnett signed a Memorandum of Understanding (MoU) to investigate the feasibility of a hybrid interconnector linking Germany and Norway in the North Sea. Instead of connecting North Sea wind … Read the full press release

TenneT Launches ‘Modular Construction for Large Projects’ Program for Accelerated Grid Expansion

(IN BRIEF) TenneT has initiated its ‘Modular Construction for Large Projects’ program to expedite the expansion of the electricity grid. Recognizing the need for acceleration, the program aims to introduce more efficient and intelligent construction methods. It specifically targets the … Read the full press release

DNV and Berenschot to Release Guidelines for Reporting CO2 Footprint in Additive Manufacturing

(IN BRIEF) DNV and Berenschot have announced the forthcoming release of guidelines for reporting the CO2 footprint in additive manufacturing (AM), often referred to as industrial 3D printing. The guidelines are part of the ongoing AM ProGRAM Joint Industry Project … Read the full press release

DNV and Partners Advance Offshore Wind Emission Reduction Framework

(IN BRIEF) DNV and 14 industry partners, including RWE, Vattenfall, Ørsted, and others, have completed phase 1 of the Emission Reduction (EMRED) Joint Industry Project (JIP), which aims to develop a monitoring and reporting framework for quantitatively assessing greenhouse gas … Read the full press release

Czech and Ukrainian Police Disrupt Prolific Phishing Gang Defrauding Victims Across Europe

(IN BRIEF) Czech and Ukrainian police, with support from Europol and Eurojust, have dismantled a prolific phishing gang responsible for defrauding victims across Europe of tens of millions of euros. The criminal group, which primarily targeted Czech victims, conducted voice … Read the full press release

EIB Partners with Kyiv to Transform Urban Electric Transport System and Reduce Russian Dependency

(IN BRIEF) The European Investment Bank (EIB) and the city of Kyiv have signed a cooperation agreement to provide strategic advisory services for the transformation of Kyiv’s urban electric transport system. The partnership, supported by a €480,000 technical assistance grant … Read the full press release

EIB Provides €25 Million Loan to Lithuanian Municipal Water Company for Infrastructure Investment

(IN BRIEF) The European Investment Bank (EIB) has signed a €25 million loan agreement with Klaipėdos vanduo, the municipal water company in Klaipėda, Lithuania, to support its 2023-2026 investment program. The investment program aims to enhance water supply and wastewater … Read the full press release

Roche Launches HEV Infection Detection Tests to Support Global Disease Management

(IN BRIEF) Roche has introduced the Elecsys®Anti-HEV IgM and Elecsys Anti-HEV IgG immunoassays for detecting hepatitis E virus (HEV) infections in regions accepting the CE mark. These tests aim to assist clinicians in diagnosing the cause of patients’ symptoms, determining … Read the full press release

FrieslandCampina Secures €496 Million in ESG-Linked Notes for Long-Term Financing

(IN BRIEF) Dutch dairy cooperative FrieslandCampina has successfully secured €496 million (approximately $567 million) in long-term financing through the issuance of ESG-linked notes. The offering received significant interest from investors in Europe and North America. The funds will be used … Read the full press release

TomTom and Bridgestone Mobility Solutions Join Forces to Accelerate Fleet Electrification and Optimize Sustainability

  (IN BRIEF) TomTom, a location technology specialist, has entered into a multi-year contract with Bridgestone Mobility Solutions to aid businesses in optimizing their fleets and expediting the shift to electric vehicles (EVs). Bridgestone Mobility Solutions’ fleet management software, Webfleet, … Read the full press release

Metso Launches HRT-S High-Rate Thickener for Faster Delivery and Sustainable Resource Management

(IN BRIEF) Metso has introduced the HRT-S, a pre-engineered high-rate thickening solution that complements its existing High-Rate Thickener product family. This innovation allows for shorter delivery times and is part of Metso’s Planet Positive initiative, promoting sustainability. The HRT-S thickener … Read the full press release

Cleantech for Iberia: BBVA Joins Billion-Euro Initiative to Drive Green Innovation in Spain and Portugal

(IN BRIEF) BBVA has partnered with the ‘Cleantech for Iberia’ initiative to accelerate the development of clean technologies in Spain and Portugal. The initiative aims to establish the Iberian Peninsula as a leading hub in the cleantech sector and has … Read the full press release

Continental Voted Best Tire Service Provider by WERKSTATT aktuell Readers

(IN BRIEF) Continental has received recognition as the top provider in the “Tire Services” category according to a survey conducted by the German trade magazine WERKSTATT aktuell. The survey, held for the tenth time, invited readers to identify the best … Read the full press release

Accenture Study Reveals Only 18% of Companies on Track for Net Zero Emissions by 2050, Urgent Action Needed in Heavy Industry

(IN BRIEF) A recent study by Accenture highlights that just 18% of companies are currently on course to achieve net-zero emissions in their operations by 2050. The research also reveals that 38% of companies feel unable to make additional investments … Read the full press release

Accenture Expands New Zealand Presence with Acquisition of IT Services Provider Solnet

(IN BRIEF) Accenture, a global technology consulting and services company, has announced its acquisition of Solnet, a New Zealand-based IT services provider specializing in technology consulting for government and private organizations. While the terms of the deal remain undisclosed, Solnet’s … Read the full press release

Hassan Allam Construction and Thales Forge Partnership to Promote Smart Digital Platform in the MENA Region

(IN BRIEF) Hassan Allam Construction, a prominent engineering and investment group in Egypt and the MENA region, is entering into a strategic collaboration with Thales to accelerate the adoption of Thales’s Smart Digital Platform (SDP) in the region. Under this … Read the full press release

Thales and MiTAC Collaborate on Taipei Metro’s Advanced Fare Collection System

(IN BRIEF) The Taipei Mass Rapid Transit, also known as Metro Taipei, operated by the Taipei Rapid Transit Corporation (TRTC), is undergoing a significant upgrade in its Automatic Fare Collection (AFC) system with the partnership of Thales and MiTAC Information … Read the full press release

Boliden Ramps Up Reclamation Provisions by SEK 3.8 Billion for Aitik and Garpenberg Mines

(IN BRIEF) In a significant development, Boliden has decided to bolster its provisions for reclamation by SEK 3.8 billion, primarily attributed to ambitious reclamation plans for its Aitik and Garpenberg mines. This decision will trigger an annual depreciation rise of … Read the full press release

Minsait Payments Expands Payment Technology Services with Acquisition of Pecunpay

(IN BRIEF) Minsait Payments has acquired 100% of Pecunpay, a Spanish Electronic Money Institution specializing in serving fintechs and neo-banks. This strategic move aims to enhance Minsait Payments’ position as a payment technology services provider by integrating Pecunpay’s assets and … Read the full press release

Hydro Extrusions Partners with Watt Electric Vehicles to Deliver Low-Carbon Aluminum for Innovative Electric Commercial Vehicle

(IN BRIEF) Hydro Extrusions, a leading aluminum manufacturer, has joined forces with UK startup Watt Electric Vehicles (WEVC) to supply recycled, low-carbon aluminum extrusions for WEVC’s upcoming electric commercial vehicle, the eCV1. This collaboration aims to reduce the vehicle’s weight … Read the full press release