Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

EIB Sets 2024 Issuance Target at €60 Billion with Borrowing Authorization of €65 Billion

(IN BRIEF) The European Investment Bank (EIB) has outlined its financial plans for 2024, aiming to issue approximately €60 billion in bonds for the year. This issuance target was approved by the EIB Board of Directors in their December meeting, … Read the full press release

European Investment Bank Welcomes EU Accession Negotiations with Ukraine, Moldova, and Candidate Status for Georgia

(IN BRIEF) The European Investment Bank (EIB) applauds the European Council’s decision to initiate EU accession negotiations with Ukraine and Moldova, while also granting candidate country status to Georgia. EIB President Werner Hoyer emphasizes the positive impact of enlargement on … Read the full press release

Nordic Paper Selects AFRY as Partner for Sustainable Investment Projects in Sweden

(IN BRIEF) Nordic Paper, a prominent specialty paper manufacturer based in Scandinavia, has enlisted AFRY as its engineering and project management collaborator for strategic investment initiatives at its Bäckhammar mill in Sweden. With an investment of approximately MSEK 850, Nordic … Read the full press release

Elkem Enhances Production Control and Safety with State-of-the-Art Control Center in Norway

(IN BRIEF) Elkem, a global leader in advanced materials based on silicon, is embarking on a digitalization initiative at its Bremanger plant in Norway. The company aims to improve production quality, safety, and efficiency by centralizing control rooms and production … Read the full press release

Lagardère Travel Retail to Elevate Food and Beverage Experience at Varna and Burgas Airports from 2025

(IN BRIEF) Lagardère Travel Retail is set to enhance the food and beverage offerings at Varna and Burgas international airports from 2025 as it takes on the management of the Foodservice Master Concession. This transformation will introduce new concepts from … Read the full press release

Infineon Introduces 4.5 kV XHP™ 3 IGBT Modules for Medium Voltage Drives and Transport

(IN BRIEF) Infineon Technologies AG unveils the 4.5 kV XHP™ 3 IGBT modules, marking a significant shift in medium voltage drives (MVD) and transportation applications. These innovative modules are set to simplify design, reduce component count, and enhance efficiency for … Read the full press release

Roche Achieves Top Sustainability Rankings in Pharmaceuticals Index for 15th Consecutive Year

(IN BRIEF) Roche (SIX: RO, ROG; OTCQX: RHHBY) has once again secured its position as one of the leading sustainable companies in the Pharmaceuticals sector within the Dow Jones Sustainability Indices (DJSI). In the latest rankings, Roche secured the third … Read the full press release

Construction Materials Giant Saint-Gobain to Boost Presence in Ecuador with IMPTEK Acquisition

(IN BRIEF) Saint-Gobain, a global leader in construction materials, has announced its intent to acquire a majority stake in IMPTEK Chova del Ecuador, a prominent player in the construction chemicals market in Ecuador known for its innovative waterproofing solutions. This … Read the full press release

EU Innovation Fund Backs Heidelberg Materials’ GeZero Initiative for Carbon-Captured Cement Production

(IN BRIEF) Heidelberg Materials has secured €191 million in funding from the EU Innovation Fund for its GeZero project, in partnership with the Geseke cement plant in Northern Germany. GeZero aims to establish a comprehensive Carbon Capture and Storage (CCS) … Read the full press release

Iberdrola’s Commitment to Innovation Garners Second Consecutive Recognition from European Commission

(IN BRIEF) Iberdrola, a major energy company, has received recognition as the world’s leading private utility for investment in innovation and development, marking its second consecutive year of achievement in this regard. The European Commission’s report, ‘The 2023 Industrial R&D … Read the full press release

Ericsson Secures USD 106.86 Million Loan from NIB for Groundbreaking Wireless Technology R&D

(IN BRIEF) The Nordic Investment Bank (NIB) and Ericsson, the Swedish telecommunications giant, have signed a seven-year loan agreement worth USD 106.86 million (EUR 100 million) to support Ericsson’s research and development (R&D) efforts in enhancing wireless technology. These investments, … Read the full press release

Finland’s Suur-Savon Sähkö Oy Partners with NIB on EUR 45 Million Energy Infrastructure Initiative

(IN BRIEF) The Nordic Investment Bank (NIB) and Suur-Savon Sähkö Oy, a municipal energy utility, have signed a 10-year, EUR 45 million loan agreement for investment projects from 2023 to 2024. Suur-Savon Sähkö Oy’s initiatives focus on improving the region’s … Read the full press release

Sika’s Suzhou Technology Center: A Catalyst for Innovation in Sustainable Construction and E-Mobility

(IN BRIEF) Sika, a global leader in construction and automotive solutions, has opened a cutting-edge Technology Center in Suzhou, China. This center, with a substantial double-digit million CHF investment, focuses on sustainable and high-performance technologies for the construction and automotive … Read the full press release

EIB Grants €20 Million Venture Debt Financing to The Akkermansia Company for Microbiome Health Research

(IN BRIEF) The European Investment Bank (EIB) has signed a €20 million venture debt financing agreement with The Akkermansia Company, a Belgian microbiome health specialist, supported by the European Commission’s InvestEU initiative. The Akkermansia Company, originating as a spin-off from … Read the full press release

EIB Provides €18 Million Financing to Novadip for Clinical Trials of Innovative Bone Repair Treatment

(IN BRIEF) Novadip, a Belgian biotech company, has secured €18 million in venture debt financing from the European Investment Bank (EIB) with support from the European Union’s InvestEU initiative. The funds will be utilized for clinical trials of NVD-003, an … Read the full press release

EIB Provides €46 Million Loan to Ingeteam for Renewable Energy Integration Research

(IN BRIEF) The European Investment Bank (EIB) and Ingeteam, a Spanish company specializing in electrical engineering and equipment development, have signed a €46 million loan agreement for a two-year investment plan. The plan focuses on research, development, and innovation (RDI) … Read the full press release

EIB and NIB Finance €85 Million Mažeikiai Onshore Wind Farm in Lithuania

(IN BRIEF) The European Investment Bank (EIB) and Nordic Investment Bank (NIB) have signed a financing agreement for the Mažeikiai onshore wind farm in Lithuania, developed by Ignitis Group, a leading energy company in the Baltics. Both EIB and NIB … Read the full press release

German Bundeswehr Orders Record-Breaking 82 Airbus H145M Multi-Role Helicopters

(IN BRIEF) The German Bundeswehr has signed a contract with Airbus Helicopters for the acquisition of up to 82 multi-role H145M helicopters, comprising 62 firm orders and 20 options. This order is not only the largest ever for the H145M … Read the full press release

Japan Airlines Receives First Airbus A350-1000 for International Routes

(IN BRIEF) Japan Airlines (JAL) has taken delivery of its first Airbus A350-1000 aircraft, marking a significant addition to the airline’s international fleet. The A350-1000 will initially operate on the Tokyo Haneda – New York JFK route. JAL’s A350-1000 is … Read the full press release

STMicroelectronics Unveils Advanced Time-of-Flight Ranging Sensor for Human Presence, Gesture Recognition, and Robotics

(IN BRIEF) STMicroelectronics has introduced the VL53L8CX, its latest-generation 8×8 multizone time-of-flight (ToF) ranging sensor, designed for various applications including human-presence sensing, gesture recognition, robotics, and industrial uses. The sensor features a 940nm vertical cavity surface emitting laser (VCSEL), a … Read the full press release