Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

Will Semiconductor Lists GDRs on SIX Swiss Exchange, Raising Nearly $445 Million

(IN BRIEF) Will Semiconductor Co., Ltd., a Chinese company, has successfully listed its Global Depository Receipts (GDRs) on the SIX Swiss Exchange. The offering involved 31,000,000 GDRs at an offer price of USD 14.35 per GDR, with each GDR representing … Read the full press release

TÜV Rheinland Appointed Conformity Assessment Body by Cameroon’s ANOR for Product Quality and Safety

(IN BRIEF) The Cameroonian “Agence des Normes et de la Qualité” (ANOR) has designated TÜV Rheinland as a Conformity Assessment Body under the Pre-Shipment Evaluation of Conformity (PECAE) program. TÜV Rheinland is now authorized to conduct conformity verification, inspection, and … Read the full press release

German Courts Dismiss Final Claim Against TÜV Rheinland in PIP Breast Implant Case

(IN BRIEF) The last claim for damages in Germany related to Poly Implant Prothèse (PIP) breast implants has been definitively dismissed by the Darmstadt Regional Court in September 2023. German courts, across all instances, have unanimously concluded that TÜV Rheinland … Read the full press release

ZF Unveils Advanced Agricultural Technology Solutions at Agritechnica 2023

(IN BRIEF) ZF, a leading technology company, is showcasing innovative technology solutions for the agriculture sector at Agritechnica 2023. The company’s offerings include vehicle motion control, drive line technology with continuously variable transmissions, braking technology with brake-by-wire solutions, electrification solutions … Read the full press release

Cebu-Cordova Link Expressway Project Earns Global Recognition for Innovation and Excellence

(IN BRIEF) The Cebu-Cordova Link Expressway project in the Philippines has received prestigious recognition from the International Association of Bridge and Structural Engineering (IABSE). The project, which was inaugurated in 2022, won the “Project and Technology Awards 2023” in the … Read the full press release

MAN Engines Introduces Hydrogen Combustion Engine for Sustainable Agriculture and Off-Road Applications

(IN BRIEF) MAN Engines has unveiled the MAN H4576, a hydrogen combustion engine designed for sustainable drive solutions in agricultural machinery and off-road applications. Based on the proven engine base of the D3876 diesel engine, the MAN H4576 offers a … Read the full press release

Gut Bacteria Diversity May Impact Severity of Diarrhoeal Disease, UEA Study Finds

(IN BRIEF) New research from the University of East Anglia suggests that the severity of diarrhoeal diseases, specifically cryptosporidiosis, may be linked to the diversity of bacteria in the gut. Cryptosporidiosis is responsible for over 100,000 deaths annually, primarily in … Read the full press release

Replacing Sitting with Short Bouts of Exercise Improves Heart Health, Study Finds

(IN BRIEF) A study conducted by researchers from UCL, the University of Sydney, and the University of East Anglia has found that replacing sedentary behavior with even short periods of moderate to vigorous exercise can significantly improve heart health. The … Read the full press release

Lightning-Induced Wildfires Pose Growing Threat to Boreal Forests, New Study Finds

(IN BRIEF) A study led by researchers from the University of East Anglia, Vrije Universiteit Amsterdam, the University of Leeds, Jiangsu Academy of Agricultural Sciences (China), and BeZero Carbon Ltd. reveals that lightning is the primary cause of wildfires in … Read the full press release

Skanska Invests EUR 100 Million in Sustainable Office Complex in Warsaw’s Thriving District

(IN BRIEF) Skanska is investing EUR 100 million in the second phase of the Studio office complex in Warsaw, Poland. The 27-storey building, known as Studio A, will offer around 26,600 square meters of leasable space and is situated in … Read the full press release

Fincantieri Commits to Gender Equality with Endorsement of UN Women’s Empowerment Principles

(IN BRIEF) Fincantieri, a global shipbuilding company, has reaffirmed its commitment to promoting gender equality at work by endorsing the seven United Nations Women’s Empowerment Principles (WEPs). These principles include fostering a corporate culture focused on gender equality, ensuring the … Read the full press release

European Investment Bank Anchors Portland Caribbean Fund III with $35 Million Investment

(IN BRIEF) The Portland Caribbean Fund III has achieved its first close, with the European Investment Bank (EIB) contributing $35 million as a cornerstone investor. This fund, targeting a total size of $350 million, aims to support promising small and … Read the full press release

European Investment Bank and Antibiotice Collaborate to Boost Medicine Production in Romania

(IN BRIEF) The European Investment Bank (EIB) and Romania’s leading pharmaceutical manufacturer, Antibiotice, have partnered to support the production of medicines in Romania. Through a €25 million loan agreement, the EIB will finance the construction of a modern production, packaging, … Read the full press release

Largest Cooling Supply Site in Germany: E.ON’s Commitment to Heidelberg University

(IN BRIEF) E.ON and Heidelberg University Hospital have officially opened a new cooling center in Heidelberg, Germany, in response to a significant increase in cooling needs on the Heidelberg University campus. The facility, designed for a maximum capacity of 48 … Read the full press release

MOL Group Reports Q3 2023 Financial Results, Raises Full-Year EBITDA Guidance to $2.8 Billion

(IN BRIEF) MOL Group has announced its financial results for Q3 2023, reporting a clean CCS EBITDA of USD 976 million, a 33% decrease compared to the same period last year. Windfall taxes in the CEE region significantly impacted results, … Read the full press release

Volvo Group to Acquire Proterra’s Battery-Electric Business for $210M in Chapter 11 Bankruptcy Auction

(IN BRIEF) Proterra Inc. and Proterra Operating Company Inc. have initiated a voluntary Chapter 11 bankruptcy process in the United States, and Volvo Group has emerged as the winning bidder in an auction to acquire the assets of the Proterra … Read the full press release

Covestro and Xinquan Forge Global Partnership to Drive Automotive Innovation and Sustainability

(IN BRIEF) German materials manufacturer Covestro has announced a global partnership with Chinese automotive trim company Xinquan Automotive during the China International Import Expo in Shanghai. This strategic alliance aims to strengthen Xinquan’s presence in North America, Europe, and ASEAN … Read the full press release

University of Liverpool Joins Liverpool Arts and Culture Race Equality Manifesto to Promote Inclusion and Diversity

(IN BRIEF) The University of Liverpool has officially signed the Liverpool Arts and Culture Race Equality Manifesto, an initiative aimed at fostering inclusion and equality within the arts and culture sector in the Liverpool City Region. The manifesto, developed by … Read the full press release

DHL Freight Demonstrates Commitment to Sustainability with Berlin Terminal Upgrade

(IN BRIEF) DHL Freight is building a new terminal in Berlin-Marienfelde, aiming to enhance its network and sustainability. This 20,000-square-meter facility will replace an existing one in Berlin, offering better freight distribution in the area. The new terminal will operate … Read the full press release

Novo Nordisk Announces Landmark Investment to Expand Kalundborg Manufacturing Facilities for Chronic Disease Therapies

(IN BRIEF) Novo Nordisk has unveiled plans to invest more than 42 billion Danish kroner starting in 2023 to expand its existing manufacturing facilities in Kalundborg, Denmark. This significant investment coincides with the company’s 100th anniversary and underscores Novo Nordisk’s … Read the full press release