Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

STM32 Summit 2023: STMicroelectronics Showcases Next-Generation Semiconductor Solutions

(IN BRIEF) STMicroelectronics, a global semiconductor leader, will be hosting the 2023 STM32 Summit on May 12th and 13th in Shenzhen, China. The summit will showcase the latest STM32 products and solutions, focusing on the theme “STM32 More Than Silicon” … Read the full press release

Rheinmetall to Supply European Customer with Artillery Ammunition in Multi-Million Euro Deal

(IN BRIEF) Rheinmetall has been awarded a contract to supply artillery ammunition to a European customer. The contract is valued in the mid-double-digit million-euro range, and delivery is scheduled for 2023 and 2024. This contract highlights Rheinmetall’s expertise in ammunition … Read the full press release

Continental’s MK 120 ESC Brake System Enhances Safety and Efficiency for Changan’s Vehicles

(IN BRIEF) Continental has partnered with Changan, a Chinese car manufacturer, to supply its new generation electronic brake system, the MK 120 ESC, for series production. The MK 120 ESC offers improved efficiency, cyber security features, and over-the-air functionality. It … Read the full press release

EBRD Grants US$110 Million Loan to Enerjisa Uretim for Wind Power Expansion in Türkiye

(IN BRIEF) EBRD has approved a loan of US$110 million to Enerjisa Uretim in Türkiye to support the expansion of their wind power portfolio. Enerjisa Uretim’s projects will reduce CO2 emissions by 52,000 tonnes annually and promote employment opportunities for … Read the full press release

G7 DFIs and EBRD Collaborate to Establish Ukraine Investment Platform for Reconstruction Efforts

(IN BRIEF) G7 Development Finance Institutions (DFIs) and the European Bank for Reconstruction and Development (EBRD) have announced the establishment of the Ukraine Investment Platform. This collaborative effort aims to support Ukraine’s reconstruction needs following the conflict. The platform will … Read the full press release

European Parliament Approves Draft Law to Empower Consumers and Promote Sustainable Products

(IN BRIEF) MEPs approve draft legislation to improve product labelling and durability, and combat misleading claims. The proposal aims to empower consumers in making environmentally friendly choices and encourage companies to offer more sustainable products. The legislation includes banning misleading … Read the full press release

European Parliament Endorses Groundbreaking Rules on AI, Prioritizing Human-Centric Approach

(IN BRIEF) MEPs endorse new rules on Artificial Intelligence, advancing human-centric approach in Europe. The proposed regulations aim to ensure transparency, risk-management, and ethical development of AI systems. MEPs expanded the list of prohibited AI practices, including bans on intrusive … Read the full press release

European Investment Bank Backs Wingcopter’s Pioneering Drone Delivery Technology with €40 Million Investment

(IN BRIEF) The European Investment Bank (EIB) is investing €40 million in Wingcopter, a European drone delivery technology company. Wingcopter’s electrically powered unmanned aircraft have already been successfully used in small-scale commercial and humanitarian projects, including delivering medical supplies in … Read the full press release

Extreme Cold Testing Success: Škoda’s Superb and Kodiaq Models Prove Durability in Arctic Conditions

(IN BRIEF) Škoda Auto has successfully completed cold testing for the next-generation Superb and Kodiaq models in the Arctic Circle. The vehicles were assessed for their performance, quality, and durability in temperatures as low as minus 30 degrees Celsius. The … Read the full press release

Henkel and UPM Specialty Papers Push Boundaries of Paper Packaging with Grease-Resistant Solutions

(IN BRIEF) Henkel and UPM Specialty Papers have partnered to develop innovative coating technologies for fiber-based packaging. The collaboration aims to enhance the performance and sustainability of paper packaging by creating recyclable solutions with superior grease resistance and heat-sealability, providing … Read the full press release

RIFT’s Green Heating Solution Passes First Test, Secures Funding for Further Development

(IN BRIEF) RIFT, a spin-off from TU/e’s student team SOLID, has achieved a major milestone by successfully testing its Iron Fuel Technology. The test involved heating 500 homes in Helmond without any CO2 emissions. RIFT’s innovative technology burns iron powder … Read the full press release

RWE Advances Growing Green Ambitions: Expands Renewable Energy Holdings and Achieves Strong Q1 Performance

(IN BRIEF) RWE, the European energy company, is rapidly implementing its Growing Green strategy with substantial investments in the first quarter of 2023. The company added 4.9 GW to its green portfolio, spending €8.0 billion on acquisitions, including the Con … Read the full press release

Leading the Charge: Volvo Trucks Leads the Way in Heavy Electric Truck Market

(IN BRIEF) Volvo Trucks has established itself as the leader in the heavy electric truck market in both Europe and North America during the first quarter of 2023. With nearly 5,000 electric trucks sold across approximately 40 countries, Volvo Trucks … Read the full press release

Aurubis Continues Growth Trajectory, Raises Full-Year Expectations Based on Stellar Half-Year Results

(IN BRIEF) Aurubis AG, a multimetal company, is experiencing strong growth as it raises its full-year forecast based on impressive half-year results. The company generated operating earnings before taxes (EBT) of €291 million in the first half of the fiscal … Read the full press release

Serbian SME Papir Print converts waste gases to energy and installs solar panels with EBRD and EU support

(IN BRIEF) Serbian company Papir Print has invested in a thermal oxidation plant that converts waste gases into heating and cooling energy, as well as a rooftop solar power plant, with the support of the EBRD and the EU. The … Read the full press release

EBRD-Funded Report Calls for Action to Boost Offshore Renewable Energy Generation in Croatia

(IN BRIEF) A new report funded by the European Bank for Reconstruction and Development (EBRD) has been launched in Zagreb, Croatia, outlining the potential for offshore renewable energy generation in the Adriatic Sea. The report identifies over 29,000 km² of … Read the full press release

myDHLi Portal Introduces New Features to Boost Productivity, Resilience and Sustainability for DHL Global Forwarding Customers

(IN BRIEF) DHL Global Forwarding has introduced new features and updates to its myDHLi customer portal, aimed at improving logistics performance, resilience, and sustainability. The upgrades were unveiled during the third myDHLi Digital Summit, broadcast live from the transport logistic … Read the full press release

Messer to Use BASF’s OASE® Blue Technology for CO2 Recovery Plant in Austria

(IN BRIEF) Industrial gases specialist, Messer, plans to launch a CO2 recovery plant in Austria in 2024, using BASF’s OASE® blue technology to recover CO2 from an industrial company’s flue gas. The recovered CO2 will be refined to food grade … Read the full press release

Volkswagen’s Commitment to Supporting Culture and the Arts Highlighted in Kultursymposium Weimar Partnership

(IN BRIEF) Volkswagen has announced its continued partnership with the Kultursymposium Weimar, a biennial event organized by the Goethe-Institut. The fourth edition of the event will focus on trust in social, cultural, and technological contexts and will feature creative performances, … Read the full press release

Infineon Unveils CALYPSO Move: A Low-Cost, High-Security Solution for Public Transport Ticketing

(IN BRIEF) Infineon Technologies has launched CALYPSO move, the first secured memory for simple contactless ticketing based on the Calypso basic specification. The technology aims to address the need for sustainable, convenient, and interoperable ticketing solutions in the rapidly expanding … Read the full press release