Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

BASF to Lead Battery Recycling Efforts for Iveco Group’s Electric Vehicle Fleet

(IN BRIEF) Iveco Group (EXM: IVG) has partnered with BASF (FWB: BAS), a leading global chemical company, to implement a recycling solution for lithium-ion batteries used in Iveco Group’s electric vehicles. This collaboration is in line with Iveco Group’s circular … Read the full press release

Savills Appoints Henry Godsal as Head of Investment Strategy and Asset Management in Cambridge

(IN BRIEF) Savills has expanded its team in Cambridge with the appointment of Henry Godsal as Head of Investment Strategy and Asset Management. Henry, who previously worked at Fineman Ross LLP as an equity partner, brings extensive experience in advising … Read the full press release

M&S Food Invests in Value with Price Cuts and Locks Prices on Customer Favorites

(IN BRIEF) M&S Food is making an investment in value by reducing prices on over 200 products, including 65 with an average reduction of 6%. Popular items like baked beans, instant coffee, and rice are among those receiving price cuts. … Read the full press release

Windward Offshore Expands Order for Hybrid CSOVs from Vard

(IN BRIEF) The Windward Offshore consortium has exercised options to expand its contract with Vard, a subsidiary of the Fincantieri group, for the design and construction of two additional hybrid Commissioning Service Operation Vessels (CSOVs), bringing the total to four … Read the full press release

BioNTech and DualityBio Initiate Phase 3 Trial for HER2-Targeting ADC in Metastatic Breast Cancer

(IN BRIEF) BioNTech and Duality Biologics have announced the commencement of a pivotal Phase 3 trial for BNT323/DB-1303, a next-generation antibody-drug conjugate (ADC) targeting the Human Epidermal Growth Factor Receptor 2 (HER2) in metastatic breast cancer. The trial will enroll … Read the full press release

Expeditio Architects Empowers Sustainable Urban Development with Innovative Online Portal

(IN BRIEF) Expeditio Architects, an organization based in Montenegro, is pioneering sustainable spatial development projects, emphasizing civil society, architecture, urban planning, energy efficiency, and cultural heritage. With support from Sweden, they launched Archylab, an interactive portal aimed at educating architects … Read the full press release

EBRD Extends €29 Million Financing for Eurowatt’s Renewable Energy Expansion in Poland

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a financial package of up to PLN 126.1 million (€29 million equivalent) to support the growth of renewable energy capacity in Poland. The funding will be directed towards … Read the full press release

EBRD Joins Actis-Led Consortium to Acquire Telekom Srbija’s Mobile Towers in Western Balkans

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has partnered with an international consortium led by Actis, a global sustainable infrastructure investor, to acquire approximately 1,800 mobile towers from Serbian state-owned telecoms operator Telekom Srbija across Bosnia and … Read the full press release

EIB Backs Renfe’s Rail Modernization with €225 Million Financing

(IN BRIEF) The European Investment Bank (EIB) is set to provide €225 million in financing to Renfe for the modernization of its high-speed and freight trains. The funding includes a €125 million loan to renew the high-speed fleet, involving the … Read the full press release

EIB and NIB Commit €371 Million for H2 Green Steel’s Revolutionary Low-Carbon Plant

(IN BRIEF) The European Investment Bank (EIB) and the Nordic Investment Bank (NIB) have joined forces to provide €371 million in financing for H2 Green Steel’s groundbreaking steel plant project in Boden, Sweden. Backed by the European Union’s InvestEU program, … Read the full press release

EIB Commits €37 Million Loan to Protix for Sustainable Protein Expansion

(IN BRIEF) The European Investment Bank (EIB) has entered into an agreement with Protix, a leading sustainable protein producer, to provide up to €37 million in financing for the construction of a new production plant in Poland. This initiative aligns … Read the full press release

INSEAD Secures €60 Million Loan from EIB for Europe Campus Renovation

(IN BRIEF) INSEAD, the global business school, has signed a €60 million financing agreement with the European Investment Bank (EIB) to support its Europe Campus Reimagination project. The loan will facilitate the modernization and expansion of the INSEAD Europe Campus … Read the full press release

European Logistics Real Estate Firm Logicor Appoints Ronald van der Waals to Lead Nordics Growth

(IN BRIEF) Logicor, a major European logistics real estate company, has appointed Ronald van der Waals as Managing Director for the Nordics. In addition to his current role as Managing Director for Northern and Central & Eastern Europe, Ronald will … Read the full press release

Pioneering Green Steel Project in Sweden Attracts Significant Investment from European Banks

(IN BRIEF) H2 Green Steel, a Swedish company, has secured significant financial support from the European Investment Bank (EIB) and the Nordic Investment Bank (NIB) for its pioneering green steel project in Northern Sweden. This project aims to revolutionize the … Read the full press release

International Finance Expert Kathleen Wantz-O’Rourke to Join SUEZ as CFO

(IN BRIEF) Kathleen Wantz-O’Rourke is set to become the Executive Vice President and Group Chief Financial Officer at SUEZ starting March 15th. Kathleen has extensive international finance experience, having held various CFO positions at SIEMENS in different countries and serving … Read the full press release

Saab Secures USD 190 Million Contract with UAE Ministry of Defence for GlobalEye AEW&C Support

(IN BRIEF) Saab has signed a contract with the United Arab Emirates (UAE) Ministry of Defence for the in-service support of the GlobalEye Airborne Early Warning and Control (AEW&C) system. The contract, worth approximately USD 190 million, covers maintenance, logistics … Read the full press release

Equinor Advances UK’s Green Energy Goals with Blandford Road Battery Storage Operation

(IN BRIEF) Equinor has commenced operations at its Blandford Road battery storage facility in the UK, marking a significant milestone in its efforts to provide flexible power solutions and support the country’s transition to low-carbon energy. The 25 MW/50 MWh … Read the full press release

Coordinated Operation Across Four Countries Targets Online Trading Fraud Network Defrauding Millions

(IN BRIEF) Judicial and law enforcement authorities from Germany, Cyprus, Bulgaria, and Sweden collaborated in a coordinated action against an organized crime group suspected of online trading fraud. The criminal network operated fraudulent online trading platforms from call centers and … Read the full press release

Logicor Successfully Places €650 Million Notes to Support Refinancing and Growth

(IN BRIEF) Logicor, a prominent player in European logistics real estate, has achieved a successful placement of €650 million in unsecured notes under its EMTN program. These notes, with a 4.5-year term and a 4.625% coupon, hold a BBB rating … Read the full press release

Eneco and Corre Energy Join Forces for Groundbreaking Compressed Air Energy Storage Project in Germany

(IN BRIEF) Eneco and Corre Energy have entered into a provisional agreement to jointly develop and invest in Corre Energy’s inaugural compressed air energy storage (CAES) project in Germany, located in Ahaus, North Rhine-Westphalia. This collaboration will allow Eneco to … Read the full press release