Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

Serbia Inaugurates First Section of ‘Peace Highway’ Linking Niš and Merdare with EU Support

(IN BRIEF) The first 5.5 km section of the Niš-Merdare highway, also known as the “Peace Highway,” was inaugurated in Serbia. The project, a flagship under the Economic and Investment Plan, aims to halve travel time between Niš and Merdare, … Read the full press release

MAN Truck & Bus Reports Robust Growth in Unit Sales and Revenue, Achieves Return Targets in H1 2023

(IN BRIEF) MAN Truck & Bus, a commercial vehicles manufacturer, reported strong performance in the first half of the year. Unit sales increased by 61% to 56,173 new vehicles, with sales revenue reaching €7.0 billion, a 41% year-on-year increase. The … Read the full press release

Ericsson and Intel Partner to Advance Next-Generation Optimized 5G Infrastructure with Custom 5G SoCs and Intel Xeon Processors

(IN BRIEF) Ericsson and Intel have announced a strategic collaboration to utilize Intel’s manufacturing technology for Ericsson’s next-generation optimized 5G infrastructure. Intel will manufacture custom 5G SoCs for Ericsson to create highly differentiated products for future 5G infrastructure. They will … Read the full press release

GTT to Design LNG Fuel Tanks for Ten Ultra Large Container Vessels in Collaboration with Yangzijiang Shipyard

(IN BRIEF) GTT, a technological expert in containment systems with cryogenic membranes for liquefied gases, has secured an order from Yangzijiang, a Chinese shipyard, to design cryogenic fuel tanks for ten ultra large container vessels powered by LNG. The vessels … Read the full press release

Kapsch TrafficCom CTO Emphasizes Importance of Connected Vehicles for Safer and Greener Traffic

(IN BRIEF) Connected vehicle technology, in the form of Orchestrated Connected Corridors (OCCs), is enhancing road safety and traffic flow, benefiting both motorists and vulnerable road users. OCCs provide real-time traffic management capabilities and safety insights, addressing challenges like driver … Read the full press release

Germany’s Vice-Chancellor Robert Habeck Commits €2 Billion to thyssenkrupp’s Green Steel Project tkH2Steel

(IN BRIEF) Robert Habeck, Germany’s Vice-Chancellor and Minister for Economic Affairs and Climate Action, pledges around two billion euros in funding to thyssenkrupp Steel’s “tkH2Steel” decarbonization project. The joint effort with the state government of North Rhine-Westphalia aims to revolutionize … Read the full press release

Saab Awarded EUR 52m Contract for Airborne Early Warning Aircraft by Poland

(IN BRIEF) Saab, a leading defence and security company, has received an order worth approximately SEK 600 million (~EUR 52 million)  from Poland’s Ministry of National Defence for two Saab 340 Airborne Early Warning (AEW) aircraft equipped with Saab’s advanced … Read the full press release

autoTicket GmbH Finalizes Settlement Agreement with Germany, Receives EUR 243 Million Payment

(IN BRIEF) On July 5, 2023, autoTicket GmbH, a joint venture of Kapsch TrafficCom AG and CTS Eventim AG Co. KGaA, reached a settlement agreement with the Federal Republic of Germany to end arbitration proceedings related to the termination of … Read the full press release

Lightsource bp Bolsters APAC Leadership Team with Key Hires, Strengthening Its Global Solar Presence

(IN BRIEF) Lightsource bp, a global solar leader, has welcomed two key new hires to its senior management team in the APAC region. Bin Fu has been appointed as the Regional Head for Taiwan, bringing 13 years of experience in … Read the full press release

Lightsource bp Retains No. 2 Spot on Solar Power World’s 2023 Top Solar Developers List in the U.S.

(IN BRIEF) Lightsource bp, a global leader in solar energy and energy storage projects, has been ranked as the #2 utility-scale solar developer in the U.S. by Solar Power World in their 2023 Top Solar Developers list. This recognition is … Read the full press release

GTT Secures ClassNK Approval for Revolutionary Liquid Hydrogen Containment System, Aiding Energy Transition

(IN BRIEF) GTT, a technology expert in containment systems for cryogenic membranes, has received Approval in Principle (AiP) from ClassNK, a Japanese classification society, for a new concept of membrane-type containment system for liquefied hydrogen (LH2) transportation. The scalable system … Read the full press release

ORLEN Group Expands Renewable Energy Holdings with Greenvolt Acquisition, Aiming for 9 GW Capacity by 2030

(IN BRIEF) The ORLEN Group, a Polish energy company, is strengthening its renewable energy segment by acquiring two projects from Greenvolt. The projects, located in the Poznań Province, consist of a 22 MW photovoltaic farm and a 26 MW wind … Read the full press release

Dassault Systèmes Demonstrates Enhanced GEOVIA Mining Software Solutions at 26th World Mining Congress

(IN BRIEF) Dassault Systèmes is showcasing its GEOVIA mining software solutions during the 26th World Mining Congress in Brisbane, Australia. The GEOVIA portfolio, including geology, earth design, earth resources management, and geospatial capabilities, is being integrated into the 3DEXPERIENCE platform. … Read the full press release

TotalEnergies Strengthens Renewable Energy Position with Full Acquisition of Total Eren and New Green Hydrogen Partnership

(IN BRIEF) TotalEnergies, a global multi-energy company, has fully acquired Total Eren after a successful strategic alliance of five years. The acquisition increases TotalEnergies’ stake from close to 30% to 100%, integrating Total Eren’s teams within TotalEnergies’ Renewables business unit. … Read the full press release

CUPRA and Italian eyewear brand L.G.R Introduce Trio of Stylish Sunglasses in Their Second Collaborative Collection

(IN BRIEF) CUPRA has partnered with Italian eyewear brand L.G.R for the second time to unveil a new eyewear collection. The collaboration features three sunglasses models: Tribe, Reunion Metal Explorer, and Nomad II, each embodying the unique design perspective and … Read the full press release

SEAT and CUPRA Extend Partnership with Catorce/DDB as Global Creative Agency for Next Three Years

(IN BRIEF) SEAT S.A. and its brands SEAT, CUPRA, and SEAT MÓ have expanded their partnership with Catorce/DDB, a Barcelona-based creative agency. Catorce/DDB will continue as the global creative agency for the automotive company under a new three-year contract starting … Read the full press release

RWE Raises Earnings Outlook for 2023 on Strong First-Half Performance in International Power Generation

(IN BRIEF) RWE, a German energy company, has raised its earnings forecast for fiscal year 2023 based on strong operational performance in the first half of the year. The increase in earnings is primarily attributed to international power generation in … Read the full press release

DHL Group Expands E-commerce Footprint with Acquisition of MNG Kargo in Turkey’s Thriving Market

(IN BRIEF) DHL Group has agreed to acquire 100% of Turkish parcel delivery company MNG Kargo Yurtiçi ve Yurtdışı Taşımacılık A.Ş. (MNG Kargo) and its subsidiaries, aiming to strengthen its position in the rapidly growing Turkish parcel and e-commerce market. … Read the full press release

Moldova’s Improved Road Infrastructure: EBRD-Financed Ciumai-Vulcanesti Road Section Opens

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has financed the rehabilitation of the 55-km Ciumai-Vulcanesti road section in Moldova. The road is an essential part of the strategic M3 Chișinău-Giurgiulești road, connecting Trans-European Network corridors and providing … Read the full press release