Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

trinamiX Unveils Innovative Sensing Solutions for Consumer Electronics and Automotive at MWC 2024

(IN BRIEF) trinamiX GmbH is showcasing its Face Authentication with liveness detection technology for smartphones and vehicles, offering a secure and convenient method to protect devices and data. The solution even detects realistic three-dimensional masks, ensuring user privacy without compromising … Read the full press release

ECHA Contracts BASF and Consortium to Promote Alternative Testing Methods

(IN BRIEF) The European Chemicals Agency (ECHA) has awarded a €4.2 million contract to a consortium led by the Fraunhofer Institute for Toxicology and Experimental Medicine (ITEM) to conduct scientific studies on New Approach Methodologies (NAMs) as alternatives to animal … Read the full press release

Sustainable Transportation Milestone: EIB Allocates €400 Million for Croatia’s Railways

(IN BRIEF) The European Investment Bank (EIB) has signed a €400 million contract with Croatia’s Ministry of Finance to support the country’s railway infrastructure and rolling stock upgrade. Part of a €900 million commitment, this financing aims to promote sustainable … Read the full press release

BAE Systems Delivers New Amphibious Combat Vehicle ACV-30 Variant for U.S. Marine Corps Testing

(IN BRIEF) BAE Systems has delivered the first production representative test vehicle (PRTV) of the new Amphibious Combat Vehicle 30mm Cannon (ACV-30) variant to the U.S. Marine Corps for testing. The ACV-30 equips dismounted Marines with direct fire support and … Read the full press release

Volkswagen and DFB Promote Inclusion and Diversity in Football at SPOBIS Conference in Hamburg

(IN BRIEF) The SPOBIS Conference in Hamburg saw discussions revolving around inclusion, diversity, and football, featuring the German Football Association (DFB) and Volkswagen. The ‘Inclusion in Football’ workshop addressed topics such as inclusive football clubs, emphasizing experiences over results, and … Read the full press release

Saint-Gobain Successfully Concludes Acquisition of International Cellulose Corporation (ICC)

(IN BRIEF) Saint-Gobain, a global leader in sustainable construction materials, has successfully acquired International Cellulose Corporation (ICC), a prominent manufacturer of specialty insulation products in the United States. ICC specializes in producing spray-on thermal insulation, fireproofing solutions, and acoustic finish … Read the full press release

Logicor Expands UK Presence with Forward Funding of 500,000 sq ft Distribution Warehouse in Derby

(IN BRIEF) Logicor, a prominent European logistics real estate owner and developer, is set to grow its presence in the UK by forward funding a 500,000 sq ft distribution warehouse in Derby, located within the logistics hub of the East … Read the full press release

Ørsted’s Innovative Approach to Surplus Heat: A Win for Green District Heating

(IN BRIEF) Ørsted, a leading renewable energy company, has teamed up with Danish district heating providers VEKS and CTR to utilize surplus heat generated by a carbon capture plant at Avedøre Power Station. This surplus heat will be used to … Read the full press release

EBRD Invests €10 Million in Baltic Venture Capital Fund to Boost Early-Stage Innovation

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is backing the growth of venture capital markets in the Baltic states by providing a €10 million investment in Practica Venture Capital III, managed by Lithuania-based venture capital manager Practica … Read the full press release

EBRD Funds Expansion of Azerbaijan’s Shipping Fleet for Enhanced Regional Trade Connectivity

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is granting a $42 million (€38.71 million) loan to Azerbaijan Caspian Shipping Company (ASCO), a state-owned shipping company in Azerbaijan. ASCO plans to use the funds to acquire two Handysize … Read the full press release

EIB Grants €49 Million Loan to Transform Public Infrastructure in Croatia’s Split

(IN BRIEF) The European Investment Bank (EIB) has signed a €49 million loan agreement with the City of Split to support its 2023-2027 multi-sector investment program aimed at revitalizing public infrastructure. This marks the EIB’s first flagship municipal operation in … Read the full press release

EIB Group’s Strong Growth in France: €12 Billion Investment Spurred by Climate Action, Innovation, and Sustainable Infrastructure

(IN BRIEF) In 2023, the European Investment Bank (EIB) Group experienced robust growth in France, providing nearly €12 billion in long-term financing to the private sector and local and regional authorities. This included €10.6 billion from the EIB and €1.4 … Read the full press release

European Investment Bank Pours €1.26 Billion into Austria for Renewable Energy, Water Supply, and Housing Projects in 2023

(IN BRIEF) The European Investment Bank (EIB) Group in Austria has revealed its commitment to financing projects focused on renewable energies, water supply, and social housing in 2023, with a total investment of €1.26 billion. Despite an initial cautious approach … Read the full press release

ANDRITZ Unveils Award-Winning Extraction System and Innovation Center at Anuga FoodTec 2024

(IN BRIEF) International technology group ANDRITZ is set to showcase its extensive array of solutions for dewatering, drying, and automation in the food industry at Anuga FoodTec 2024 in Cologne, Germany. One of the highlights includes their groundbreaking Turbex extraction … Read the full press release

EBRD Provides $100 Million Loan to Enerjisa for Earthquake-Hit Electricity Network Reconstruction in Turkey

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to $100 million to Enerjisa Enerji A.S. in Turkey to support the modernization and reconstruction of the electricity distribution network in the earthquake-affected Toroslar … Read the full press release

RESA and EIB Sign €190 Million Loan Agreement to Advance Energy Transition

(IN BRIEF) RESA, an energy distribution network operator, has partnered with the European Investment Bank (EIB) to secure a €190 million loan agreement to support the first phase of its industrial plan for 2023-2026. The energy transition necessitates substantial investments … Read the full press release

EIB and TBC Bank Partner to Boost SME Financing in Georgia

(IN BRIEF) The European Investment Bank (EIB) has signed a guarantee agreement with TBC Bank, supported by the European Union, to provide favorable financing terms and reduced collateral requirements for the local private sector in Georgia. This partnership will enable … Read the full press release

Mercedes-Benz Chooses Continental Tires for Enhanced Efficiency and Safety in E-Class

(IN BRIEF) Mercedes-Benz has once again partnered with Continental for its new E-Class model, equipping it with EcoContact 6 Q tires known for energy-efficient driving and reduced noise levels. These tires offer benefits such as extended service life and low … Read the full press release

SCC Partners with iboss to Introduce Cutting-Edge Zero Trust Security Service

(IN BRIEF) SCC is excited to announce its strategic partnership with iboss, a renowned leader in cloud security, to deliver an innovative Zero Trust security service. Recognizing the evolving landscape of cloud-first environments, SCC aims to provide robust security solutions … Read the full press release

Evonik Expands Silica Production in Charleston, USA to Meet Growing Tire Industry Demand

(IN BRIEF) Evonik, a prominent silica producer, is investing in the expansion of its precipitated silica plant in Charleston, USA, to meet the rising demand, particularly from the tire industry in North America. The investment, amounting to a mid-double-digit million … Read the full press release