Category Archives: Industrial

Industrial Press Releases & News distributed via EuropaWire

Italian A32 Motorway Gets €247 Million Boost from EIB and Partners

(IN BRIEF) European Investment Bank (EIB), Cassa Depositi e Prestiti (CDP), UniCredit, SACE, and Società Italiana per il Traforo Autostradale del Frejus S.p.A (SITAF) have agreed to provide €247 million for the modernization and safety improvement of the A32 motorway … Read the full press release

Tech4Planet Welcomes Snam as Corporate Partner for Green Innovation

(IN BRIEF) Snam, a prominent energy company, has partnered with Tech4Planet, a National Technology Transfer Hub established by CDP Venture Capital Sgr. The initiative aims to support startups focused on environmental sustainability projects originating from research laboratories. Snam will focus … Read the full press release

TX Logistik AG to Become Second Largest Freight Operator in Germany with Acquisition of Exploris Group

(IN BRIEF) TX Logistik AG, a subsidiary of FS Italiane Group’s Logistics Business Units, has signed a purchase agreement to acquire Exploris Deutschland Holding GmbH Hamburg, a European rail freight transportation company. This acquisition will make TX Logistik the second … Read the full press release

Polish Navy Commences Construction of Advanced Signals Intelligence Ships with Saab and Remontowa Partnership

(IN BRIEF) The keel laying ceremony for the first of two new Polish signals intelligence (SIGINT) ships was held at Remontowa Shipbuilding S.A. in Gdansk, Poland. Saab was awarded the contract to design and produce the SIGINT ships for the … Read the full press release

DNV Assists Actis in Inaugural Acquisition of Japan-Focused Renewables Fund with Due Diligence Expertise

(IN BRIEF) DNV, a global independent energy expert and assurance provider, has provided due diligence services to Actis GP LLP, a sustainable infrastructure investor, for their inaugural acquisition of a new Japan-focused renewables infrastructure fund. Actis acquired HERGO Japan Energy’s … Read the full press release

Elogen Partners with Valmax for 2.5 MW PEM Electrolyser to Produce Green Hydrogen in South Korea

(IN BRIEF) Elogen, a company within the GTT group, has entered into a contract with Valmax Technology Corporation to design and manufacture a Proton Exchange Membrane (PEM) electrolyser with a power of 2.5 MW. The electrolyser will have a production … Read the full press release

HELLENiQ ENERGY Secures €766 Million Financing Deal for Expanding Renewable Energy Portfolio in Greece

(IN BRIEF) HELLENiQ ENERGY’s subsidiary, HELLENiQ Renewables, has signed a financing framework agreement of up to €766 million with National Bank of Greece S.A. and Eurobank S.A. The agreement aims to implement multiple financing arrangements for electricity generation from Renewable … Read the full press release

CAF MiiRA and Euskotren Join Forces to Quiet Trains and Enhance Rail Travel Experience

(IN BRIEF) CAF MiiRA, a leading supplier of comprehensive wheelset solutions for the railway industry, is collaborating with Euskotren, a prominent transportation operator in Euskadi, to reduce train noise by testing innovative wheel soundproofing systems. The goal is to minimize … Read the full press release

Anglo American Names John Heasley as New Finance Director to Drive Financial Strategy and Sustainable Mining Initiatives

(IN BRIEF) Anglo American plc has appointed John Heasley as Finance Director, effective by the end of 2023. Heasley currently serves as the Chief Financial Officer of The Weir Group PLC, a global engineering company. He will join Anglo American’s … Read the full press release

VERBUND Reports Strong Financial Results in Q1-Q2 2023, Continues Renewable Energy Expansion

(IN BRIEF) VERBUND, an energy company, reported strong financial results for the first half of 2023, with a significant increase in EBITDA and Group result compared to the previous year. The improvement was attributed to falling wholesale gas and electricity … Read the full press release

EIF and Banco Santander Partner to Support SMEs with €200 Million Guarantee for Green and Digital Innovations

(IN BRIEF) The European Investment Fund (EIF) and Banco Santander have signed an InvestEU portfolio guarantee agreement worth €200 million to support small and medium-sized enterprises (SMEs) and small mid-caps in Spain and other EU countries. With this guarantee, Banco … Read the full press release

CERN’s AWAKE Accelerator Enters Second Phase with Upgraded Plasma Source, Paving the Way for Novel Particle Acceleration Method

(IN BRIEF) AWAKE, a plasma accelerator at CERN, is gearing up for its second phase of data taking with an upgraded plasma source. The accelerator utilizes plasma wakefield acceleration, a novel method that accelerates particles by riding on waves created … Read the full press release

AXA Launches AXA Secure GPT, an Internal Secure AI Platform for Employee Use

(IN BRIEF) AXA, the insurance company, has introduced a new internal service called AXA Secure GPT, which is built on Microsoft’s Azure OpenAI Service. Developed in collaboration with Microsoft, this service offers AXA employees access to a secure digital platform … Read the full press release

BAE Systems and Parsons Join Forces for Holston Army Ammunition Plant Modernization and National Security Enhancement

(IN BRIEF) BAE Systems Ordnance Systems Inc. is collaborating with Parsons Corporation to undertake the modernization of the Holston Army Ammunition Plant, as they seek to become the operating contractor until 2035. BAE Systems will bring its expertise in program … Read the full press release

Aviva Research Shows UK Financial Advisers Prepared for Consumer Duty, But Challenges Remain Ahead of Deadline

(IN BRIEF) According to research by Aviva, financial advisers in the UK are largely prepared to evidence their work on Consumer Duty outcomes, with over 90% indicating that they have either completed or are currently working on providing evidence for … Read the full press release

Pioneering CO2-Optimization: Siemens and BayWa Pilot Joint Green Initiative

(IN BRIEF) Siemens and BayWa AG have joined forces in a pilot project to advance CO2-optimized industrial production. The partnership combines Sigreen, Siemens’ emissions management software, with BayWa Carbon Connect, BayWa’s software for emissions offsetting. The collaboration aims to provide … Read the full press release

Global Factory Service Specialist Leadec Expands in Western France with New Packaging Handling Center

(IN BRIEF) Leadec, a global service specialist for factories, has established a new company in Saint-Barthélemy-d’Anjou, Western France. The company has rented a factory building of over 12,000 m2 to create a packaging handling center for a commercial vehicle manufacturer. … Read the full press release

Telecom Giants Unite to Launch Global Telco AI Alliance for Customer Experience Revolution

(IN BRIEF) Leading telecommunications companies SK Telecom, Deutsche Telekom, e&, and Singtel have joined forces to create the Global Telco AI Alliance. The alliance aims to leverage AI technology to enhance customer experiences and revolutionize global citizens’ lives. The telcos … Read the full press release

Survey Challenges Wind Power Stereotypes: Majority in Wind Farm Vicinity Back Further Development

(IN BRIEF) A recent survey conducted in Northumberland, north-east England, revealed surprising results about attitudes towards wind power. Contrary to popular belief, three-quarters of respondents living near wind turbines supported onshore wind farms and wished to see further growth in … Read the full press release

Vodacom Launches eSIM Support, Enabling Eco-Friendly Connectivity and Enhanced Flexibility for Customers in South Africa

(IN BRIEF) Vodacom has introduced eSIM support for all smartphone plans, enabling customers in South Africa to benefit from the convenience and flexibility of eSIM technology. With eSIMs, users can easily connect to the Vodacom network and have multiple eSIMs … Read the full press release