Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

EIB and Malta Development Bank Join Forces to Drive Green Transition for Small and Medium-Sized Enterprises

(IN BRIEF) The European Investment Bank (EIB) and Malta Development Bank (MDB) have formed a partnership aimed at accelerating the green transformation of small and medium-sized companies (SMEs) and public sector entities in Malta. Under this collaboration, the EIB is … Read the full press release

Vattenfall’s Vesterhav Syd Wind Farm Powers Up Danish Grid with Clean Energy

(IN BRIEF) Vattenfall has achieved a major milestone as the Vesterhav Syd offshore wind farm delivered its first power to the Danish grid on November 10th. After nearly seven years of work, the wind turbines at Vesterhav Syd are now … Read the full press release

Europris Partners with Maersk to Achieve Significant Greenhouse Gas Reductions in Seaborne Logistics

(IN BRIEF) Europris, a leading retail company in Norway, has selected Maersk’s ECO Delivery product to make substantial reductions in greenhouse gas (GHG) emissions associated with its seaborne logistics. The collaboration aims to align with Europris’ strategic goal of reducing … Read the full press release

Ericsson Unveils Cloud-Native Transport Automation Controller with AI for Efficient Network Management

(IN BRIEF) Ericsson has introduced its Ericsson Transport Automation Controller, a cloud-native solution that employs artificial intelligence (AI) and machine learning to enhance the efficiency of microwave, IP, and optical networks for communications service providers (CSPs). This intelligent controller enables … Read the full press release

Logicor and Martex Forge Strategic Partnership with Lease Agreement for Cutting-Edge Warehouse in Poland

(IN BRIEF) Logicor, a major European logistics real estate company, has signed a leasing agreement with Martex, a leading Polish distributor of truck spare parts. The deal includes a 45,000 square meter standalone warehouse at Logicor Będzin. Martex, with 42 … Read the full press release

Ericsson Unveils Advanced RAN Compute Processors for 5G and AI-Powered Networks

(IN BRIEF) Ericsson has introduced its latest generation of processors within the Ericsson RAN Compute portfolio, designed to assist communications service providers (CSPs) in optimizing their networks for 5G Advanced and enhanced artificial intelligence (AI) capabilities. The new RAN Compute … Read the full press release

Hydro Marks 10-Year Investment Milestone in Brazilian Biodiversity Research Consortium

(IN BRIEF) Hydro, the Norwegian aluminum company, has celebrated a decade of investment in the Pará Biodiversity Research Consortium (BRC) in Brazil, amounting to approximately BRL 15 million. Over the years, the BRC has transformed from a formal agreement into … Read the full press release

Hydro Faces Power Supply Disruption as Markbygden Ett Enters Reorganization

(IN BRIEF) Norwegian company Hydro is grappling with a potential disruption in its power supply as Markbygden Ett AB, a power supplier with whom Hydro has a long-term contract, enters into a company reorganization process under the Swedish Reorganization Act. … Read the full press release

Ukraine Awards Rheinmetall Contract for Leopard 1 Systems and Support Services

(IN BRIEF) The Ukrainian government has entered into a contract with Rheinmetall, a German defense company, for the procurement of Leopard 1 systems. The contract includes 25 main battle tanks (Leopard 1A5), five armored recovery vehicles (Bergepanzer 2), and two … Read the full press release

TotalEnergies’ Energy Outlook 2023 Offers Insight into Global Energy Transition

(IN BRIEF) TotalEnergies has released its annual “TotalEnergies Energy Outlook 2023” in preparation for COP28, outlining scenarios for the evolution of global energy demand and the transition to a sustainable energy system by 2050. The report reveals that while the … Read the full press release

NatWest Launches ‘Home Energy Hub’ to Aid UK Homeowners in Sustainability Upgrades

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) NatWest has introduced the “Home Energy Hub,” a platform designed to help all UK homeowners assess the energy efficiency of their residences and take steps towards sustainable improvements. The platform addresses common challenges faced by homeowners, including finding … Read the full press release

RWE Invests €10.3 Billion in Green Initiatives, Grows Portfolio by 5.7 GW

(IN BRIEF) RWE, a leading energy company, has reported significant investments of €10.3 billion in its “Growing Green” program during the first nine months of fiscal 2023, marking a substantial increase from the previous year’s €3.1 billion investment. The acquisition … Read the full press release

Economic and Societal Threats Outweigh Environmental and Technological Risks, Says World Economic Forum Survey

(IN BRIEF) A survey conducted by the World Economic Forum, involving over 11,000 business leaders from 110 countries, has revealed that economic and societal threats, such as economic downturns, inflation, and declining social cohesion, are the most significant risks in … Read the full press release

BASF Expands Ultrasim® Simulation Portfolio to Optimize Particle Foam Component Manufacturing

(IN BRIEF) BASF is enhancing its Ultrasim® simulation portfolio to include the manufacturing process of components made from particle foam, specifically designed for Infinergy®, an expanded thermoplastic polyurethane (E-TPU) used in various applications like bicycle tires and shoe soles. Ultrasim® … Read the full press release

BASF and Teamplas Collaborate to Enhance Recycling Quality and Create High-Value Products from Post-Consumer Waste

(IN BRIEF) BASF, a global chemical company, and Teamplas Group, a leading Southeast Asian recycled pellets manufacturer, have partnered to improve the recycling process and create high-quality office equipment and car interior parts from post-consumer waste. Teamplas uses BASF’s IrgaCycle® … Read the full press release

Hamburg Chooses Hexagon’s HxGN OnCall Solutions to Enhance Emergency Dispatch Operations

(IN BRIEF) The Free and Hanseatic City of Hamburg, Germany, has partnered with Hexagon’s Safety, Infrastructure & Geospatial division to modernize its emergency dispatch operations and analysis for both the fire and police departments. This initiative is part of Hamburg’s … Read the full press release

Barry Callebaut Appoints Amr Arafa as Chief Digital Officer to Drive Tech-Enabled Transformation

(IN BRIEF) Barry Callebaut, a leading cocoa and chocolate products manufacturer, has appointed Amr Arafa as its Chief Digital Officer (CDO) to spearhead the company’s commitment to becoming an agile and tech-enabled organization. In this newly created role, Arafa will … Read the full press release

ING Repurchases Nearly 21 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 it repurchased 20,917,201 shares during the week of November 6, 2023, through November 10, 2023, as part of its €2.5 billion share buyback program unveiled on November 2, 2023. The shares were acquired at … Read the full press release

Ørsted Announces Departure of CFO and COO, Initiates Search for New Leadership

(IN BRIEF) Ørsted, a global leader in renewable energy, has announced the departure of two members of its executive management team: Daniel Lerup, Chief Financial Officer (CFO), and Richard Hunter, Chief Operating Officer (COO), by mutual agreement. This decision is … Read the full press release

Valio and St1 Joint Venture Explores Expansion of Biogas Plant Complexes for Renewable Energy Production

(IN BRIEF) Suomen Lantakaasu Oy, a joint venture between Valio and St1, is actively investigating the development of new biogas plant complexes in various regions. Currently, the construction of potential new plant complexes is under consideration in the Kokkola-Pietarsaari, Nivala-Haapavesi, … Read the full press release