Category Archives: News

General News & Press Releases distributed via EuropaWire

EQT Launches Healthcare Growth Strategy and Announces First Investment in Mabtech

(IN BRIEF) EQT has unveiled its EQT Healthcare Growth Strategy and revealed its initial investment in Mabtech, acquired from the IK Small Cap II Fund. The strategy aims to capitalize on long-term healthcare trends, leveraging scientific breakthroughs, technology advancements, and … Read the full press release

GTT Secures Orders for Two Advanced LNG Carriers from South Korean Shipyards

(IN BRIEF) GTT, a leading engineering company specializing in membrane containment systems for the liquefied natural gas (LNG) industry, has announced receiving two orders in 2023 for the tank design of new Liquefied Natural Gas Carriers (LNGC). The first vessel, … Read the full press release

DNV Partners with Offshore Wind Developers to Enhance HVDC Integration in U.S. Grid

(IN BRIEF) DNV has initiated a joint industry project (JIP) alongside ten offshore wind and transmission developers to facilitate the integration of High Voltage Direct Current (HVDC) transmission into the U.S. electric grid. HVDC is crucial for efficiently incorporating offshore … Read the full press release

Surge in Orders for Alternative-Fueled Ships Signals Maritime Industry’s Green Transition

(IN BRIEF) DNV’s Alternative Fuels Insight (AFI) platform reported a significant increase in orders for ships with alternative fuel propulsion in 2023, totaling 298, marking an 8% year-on-year rise. Notably, methanol gained prominence with 138 orders, nearly on par with … Read the full press release

Rheinmetall Secures Multi-Million Euro Orders for Auto Components, Boosting Engine Efficiency

(IN BRIEF) Rheinmetall, a prominent tech enterprise, has secured two substantial orders, collectively valued in the mid-two-digit million-euro range, from a renowned car and truck manufacturer. One order pertains to variable oil pumps, while the other involves cSUV divert-air valves, … Read the full press release

EcoDataCenter Adopts Recycled Steel Heat Exchangers to Slash Data Center Carbon Emissions

(IN BRIEF) EcoDataCenter, a leading sustainable data center provider, is set to make an industry-first move by deploying Alfa Laval heat exchangers made from recycled steel produced without new CO2 emissions from SSAB. This collaboration marks a significant step towards … Read the full press release

EBRD Grants €29 Million for Renewable Energy Projects in Poland

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a financial package of up to PLN 126.1 million (€29 million) to subsidiaries of Eurowatt Green Energy Group SA, Baltic Sea Polska II sp. z o.o., and C&C … Read the full press release

Siemens at CES 2024: Bridging Reality and the Metaverse with Immersive Engineering and Generative AI

(IN BRIEF) Siemens has unveiled innovations at CES 2024 that aim to enable the industrial metaverse, bridging the gap between the real and digital worlds. The company announced partnerships with Sony and AWS to introduce immersive engineering solutions and make … Read the full press release

Siemens and AWS Partner to Bring Generative AI to Software Development for All Industries

(IN BRIEF) Siemens and Amazon Web Services (AWS) are collaborating to democratize generative AI in software development. Siemens will integrate Amazon Bedrock, which offers high-performing AI models, into its low-code platform, Mendix. This partnership aims to empower domain experts across … Read the full press release

Logicor Strengthens Bologna Presence with Sustainable Warehouse Redevelopment

(IN BRIEF) Logicor, a prominent European logistics real estate owner, manager, and developer, has completed a redevelopment project in San Giorgio di Piano, Italy, enhancing its sustainability features. The project transformed the site, previously occupied by Mercatone Uno, into a … Read the full press release

ABB to Enhance Smart Water Management with Acquisition of Real Tech’s Optical Sensor Technology

(IN BRIEF) ABB has announced its acquisition of Canadian company Real Tech, a leader in optical sensor technology for real-time water monitoring and testing. This strategic move will bolster ABB’s presence in the water sector and complement its product portfolio … Read the full press release

Accenture Ventures Invests in QuantHealth to Accelerate AI-Powered Clinical Trial Design

(IN BRIEF) Accenture has announced a strategic investment through Accenture Ventures in QuantHealth, an AI-powered clinical trial design company specializing in cloud-based simulations for pharmaceutical and biotech companies. Using AI technology trained on extensive patient data and clinical trial information, … Read the full press release

Accenture Completes Acquisition of OnProcess Technology to Boost Supply Chain Capabilities

(IN BRIEF) Accenture has successfully finalized its acquisition of OnProcess Technology, a provider of supply chain managed services known for its expertise in improving inventory management, enhancing operational efficiency, and addressing complex service challenges. With this acquisition, Accenture aims to … Read the full press release

Ipsotek Secures Contracts to Implement AI Video Analytics at Romanian Airports

(IN BRIEF) Ipsotek, a leader in AI-powered video analytics solutions, has been awarded three contracts to deploy advanced technology at Cluj, Sibiu, and Satu Mare airports in Romania. These contracts were obtained in collaboration with UTI Construction and Facility Management … Read the full press release

Wood Awarded Topsides Engineering Contract for Woodside Energy’s Trion FPU in the Gulf of Mexico

(IN BRIEF) Wood has secured a contract from HD Hyundai Heavy Industries to provide detailed engineering for the topsides facilities on Woodside Energy’s Trion Floating Production Unit (FPU) in the Gulf of Mexico. The Trion FPU, a greenfield development, represents … Read the full press release

Wood to Assess Conversion of 125km of Natural Gas Pipelines for Hydrogen Transport in Southern Europe

(IN BRIEF) Engineering and consulting company Wood is undertaking a project to evaluate the feasibility of converting 125 kilometers of natural gas pipelines into infrastructure for hydrogen transportation along the Mediterranean coast for an energy company in southern Europe. This … Read the full press release

Iberdrola Secures €300 Million Loan from World Bank’s IFC for Renewable Projects in Fossil Fuel-Dependent Nations

(IN BRIEF) Iberdrola has entered into a loan agreement with the International Finance Corporation (IFC), the private sector investment arm of the World Bank, for €300 million, linked to ESG criteria, to support renewable energy projects in countries heavily reliant … Read the full press release

ORLEN Expands European Network with Acquisition of Doppler Energie’s Service Stations in Austria

(IN BRIEF) ORLEN has successfully acquired Doppler Energie, gaining a 100% stake in the company, which operates 267 service stations across Austria. With this acquisition, ORLEN’s network now includes nearly 3,500 modern service stations in seven European countries. The company … Read the full press release

Bosch Showcases Electrification, Hydrogen, and Sustainability Innovations at CES 2024

(IN BRIEF) Bosch is at CES 2024, presenting its commitment to driving electrification and sustainable energy use, with a focus on hydrogen as a key solution. The company highlights innovations such as automated valet charging for electric vehicles, the use … Read the full press release

DHL Partners with Astrobotic to Deliver Lunar Mementos: A Giant Leap in Space Logistics

(IN BRIEF) DHL, a global logistics leader, has collaborated with space technology company Astrobotic to make lunar deliveries a reality. As part of NASA’s Commercial Lunar Payload Services initiative, the Astrobotic Peregrine Lunar Lander successfully launched from Cape Canaveral, Florida, … Read the full press release