Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

Wiener Börse Akademie Offers 15% New Year’s Discount to Boost Financial Knowledge

(IN BRIEF) The Wiener Börse Akademie, in collaboration with the WIFI Management Forum and Wiener Börse AG, presents an opportunity for individuals to kickstart their financial resolutions by enhancing their financial knowledge. With a wide range of courses covering 30 … Read the full press release

Italian Renewable Powerhouse GreenIT Expands Solar Portfolio with 140 MW Galileo Deal

(IN BRIEF) GreenIT, the Italian renewable energy joint venture backed by Plenitude (Eni, 51%) and CDP Equity (CDP Group, 49%), has entered into an agreement with Galileo, a pan-European renewable energy development platform, to develop eight photovoltaic projects totaling approximately … Read the full press release

Outokumpu Completes Share Buyback Program with Over 268,000 Shares Repurchased

(IN BRIEF) Outokumpu has successfully completed its share buyback program, acquiring a total of 268,245 of its own shares across various trading venues at an average price of EUR 4.11 per share, amounting to a total cost of EUR 1,102,228.22. … Read the full press release

Continental Unveils Groundbreaking Crystal Center Display at CES 2024, Revolutionizing Luxury Car Interiors

(IN BRIEF) Continental, a technology company, has unveiled its revolutionary Crystal Center Display at CES 2024, showcasing a fusion of cutting-edge microLED technology and premium crystal housing in a world-first design. This innovative 10-inch automotive display, developed in collaboration with … Read the full press release

Meeting Hyperscale Needs: EQT Infrastructure VI and EdgeConneX Plan Data Center Expansion

(IN BRIEF) EQT Infrastructure VI is partnering with data center provider EdgeConneX to expand global data center capacity, focusing on serving hyperscale customers. This collaboration aims to meet the growing demand for data center capacity driven by digitalization, cloud adoption, … Read the full press release

ContiTech’s Sustainability Drive: PV System Installations and Pilot Plants

(IN BRIEF) ContiTech, a sector of Continental, is making significant strides toward sustainability by installing a photovoltaic (PV) system at its Timișoara facility in Romania. Seven more locations are set to follow suit in 2024, supporting the company’s goal of … Read the full press release

Major Advancement: Continental and Aurora Set Sights on Autonomous Trucking in 2027

(IN BRIEF) Continental and Aurora Innovation have achieved a significant milestone in their partnership to develop autonomous trucking systems. They have completed the design of the Aurora Driver hardware and fallback system, paving the way for production in 2027. This … Read the full press release

Outokumpu Boosts Treasury Holdings to 26.7 Million Shares Through Share Repurchase Initiative

(IN BRIEF) Outokumpu, a stainless steel manufacturer, has successfully completed a share repurchase program, acquiring 184,454 of its own shares from various trading venues. The program, which was announced on November 29, 2023, allows for a maximum of 11 million … Read the full press release

LEGO Expands Braille Learning with New Languages and Playful Braille Bricks Set

(IN BRIEF) To celebrate World Braille Day, the LEGO Group is introducing three new languages to its LEGO Braille Bricks product, aimed at children aged 6 and above. Previously distributed to organizations focused on educating visually impaired children, the LEGO … Read the full press release

UniCredit Bank Austria Issues €750 Million Green Covered Bond, Reinforcing Commitment to Sustainability

(IN BRIEF) UniCredit Bank Austria has issued a Green Covered Bond worth €750 million with a maturity of nearly 5 years, following its sustainability strategy. This marks the third green bond issuance by the bank, with the bookbuilding process oversubscribed … Read the full press release

Merck KGaA Partners with Inspirna to Advance Novel Therapy for RAS-mutated Colorectal Cancer

(IN BRIEF) Merck KGaA, Darmstadt, Germany, has entered into a licensing agreement with Inspirna, Inc. for ompenaclid (RGX-202), a first-in-class oral inhibitor of the creatine transport channel SLC6A8, and SLC6A8-targeting follow-on compounds, currently under Phase II evaluation for the second-line … Read the full press release

Novo Nordisk Initiates Groundbreaking Collaborations for Innovative Obesity and MASH Treatments

(IN BRIEF) Novo Nordisk has announced separate research collaborations with Omega Therapeutics and Cellarity Inc. to explore innovative treatment approaches for obesity and MASH (Metabolic Associated Fatty Liver Disease). The collaboration with Omega aims to develop an epigenomic controller to … Read the full press release

Iberdrola Initiates Vineyard Wind I: The First Large-Scale Offshore Wind Farm in the US

(IN BRIEF) Iberdrola has commenced the commissioning of the Vineyard Wind I offshore wind farm, marking the first major offshore wind project of its kind in the United States. With a capacity of 806 MW, the facility has begun supplying … Read the full press release

New Holland Returns to LAMMA 2024 with Innovative Sustainable Farm Machinery

(IN BRIEF) New Holland is set to make its return to LAMMA 2024, the UK’s leading farm machinery show, with a lineup of innovative and sustainable products. The highlight of the show will be the UK debut of New Holland’s … Read the full press release

PERUMIN Event Highlights Financial Inclusion for Artisanal and Small-Scale Miners in Peru

(IN BRIEF) Solidaridad, planetGOLD Peru, and the Ministry of Energy and Mines of Peru organized a panel at the PERUMIN event to emphasize the importance of financial inclusion in the artisanal and small-scale mining (ASM) sector. The event aimed to … Read the full press release

Fincantieri Earns Gender Parity Certification UNI/PdR 125:2022 from RINA

(IN BRIEF) Fincantieri, the Italian shipbuilding company, has become the first shipbuilder in Italy to achieve the Gender Parity Certification UNI/PdR 125:2022 from RINA (Registro Italiano Navale). The certification recognizes Fincantieri’s commitment to promoting gender equity and inclusion within the … Read the full press release

Nokia and Honor Sign Patent Cross-License Agreement for 5G and Cellular Technologies

(IN BRIEF) Nokia has entered into a patent cross-license agreement with Honor, a leading player in the Chinese smartphone market. The agreement covers the essential inventions related to 5G and other cellular technologies, and the terms remain confidential. Nokia’s Chief … Read the full press release

BBVA Harnesses In-House Talent for Generative AI Training Through DataRally Competition

(IN BRIEF) BBVA is exploring the potential of generative artificial intelligence for enhancing organizational processes and customer value. To equip its in-house talent with the skills needed to harness large language models (LLMs), BBVA organized a DataRally competition in which … Read the full press release

Xetra-Gold’s Gold Holdings Decrease by 31.5 Tonnes in 2023, Remains a Long-term Investment Choice

(IN BRIEF) The gold holdings of Xetra-Gold, Europe’s largest physically backed gold security, decreased to 198.7 tonnes by the end of 2023, marking a 31.5-tonne reduction over the year. Despite short-term yield opportunities and a record-high gold price in euros, … Read the full press release

Barclays Appoints Ryan Voegeli as Head of Investment Banking for Canada

(IN BRIEF) Barclays has announced the appointment of Ryan Voegeli as the new Head of Investment Banking for Canada. With two decades of investment banking experience, Voegeli joins Barclays from CIBC Capital Markets, where he served as the Head of … Read the full press release