Category Archives: Technology

Technology Press Releases & News distributed via EuropaWire

Skanska Signs Contract to Modernize Limanowa Train Station in Poland

(IN BRIEF) Skanska has signed a PLN 272 million (approximately SEK 720 million) contract with PKP Polish Railway Lines S.A. to modernize the Limanowa train station in southern Poland. The project includes upgrading a 3.5-kilometer railroad stretch, rebuilding the station, … Read the full press release

Kadeena Cox Partners with Experian to Promote Support Hub for Accessibility Needs

(IN BRIEF) Experian has partnered with World and Paralympic Champion Kadeena Cox to promote the Experian Support Hub, a service designed to improve accessibility to essential services for individuals with support needs. Through a series of videos, Cox will highlight … Read the full press release

Surge in Beauty Salons and Dental Surgeries on UK High Streets Driven by Reality TV Influence, Says Experian

(IN BRIEF) Experian’s latest data reveals a 31% increase in beauty salons and a 16% rise in dental surgeries on UK high streets over the past five years, driven by the influence of reality TV shows like Love Island. A … Read the full press release

FLSmidth Wins DKK 340 Million Order to Supply Lithium Project in Nevada, Supporting EV Battery Production

(IN BRIEF) FLSmidth has secured a DKK 340 million order to supply nine thickeners and six filters for a new lithium project in Nevada, USA. Scheduled for delivery in 2025/2026, the equipment will enhance lithium supply for electric vehicle batteries, … Read the full press release

Stellantis Pro One Leads Commercial Vehicle Markets with Innovative Product Lineup and Global Growth

(IN BRIEF) Stellantis Pro One has become the market leader in commercial vehicles across Europe 30, South America, and the Middle East & Africa in the first half of 2024. The company achieved notable growth with new product launches like … Read the full press release

AkzoNobel Introduces Single-Spray Powder Coating to Boost Safety and Efficiency in EV Battery Systems

(IN BRIEF) AkzoNobel’s Resicoat brand has developed a new powder coating technology for electric vehicle (EV) battery systems that enhances electrical protection with a single spray application. This innovation meets the growing demand for higher dielectric strength in the EV … Read the full press release

SAP SE Announces Leadership Changes Amid Strategic Shift Towards AI and Suite Integration

(IN BRIEF) SAP SE has announced that Executive Board Members Scott Russell and Julia White will be stepping down, effective August 31, following a mutual agreement with the SAP Supervisory Board. Scott Russell, Chief Revenue Officer, has significantly contributed to … Read the full press release

EIB Provides Venture Debt to Protembis for Advanced Brain Protection Technology in Heart Treatments

(IN BRIEF) The European Investment Bank (EIB) is providing €20 million in venture debt financing to German medical technology company Protembis for the development of their “ProtEmbo” cerebral embolic protection system. This device aims to reduce the risk of brain … Read the full press release

EIB Funds €1 Billion for State-of-the-Art Trains to Revolutionize Rhineland Public Transport by 2029

(IN BRIEF) The European Investment Bank (EIB) is providing €1 billion in loans to support the purchase of up to 90 advanced suburban trains for the Rhineland region in Germany, encompassing Cologne and Düsseldorf. These modern Alstom trains, set to … Read the full press release

Daniele Tonella Named ING’s New Chief Technology Officer

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has appointed Daniele Tonella as its new Chief Technology Officer (CTO) and member of the Management Board Banking, effective August 5, 2024. Tonella, who has over 20 years of experience in technology leadership roles within the financial … Read the full press release

Henkel Introduces Bonderite M CR 1405 for Efficient and Sustainable Metal Treatment

(IN BRIEF) Henkel has launched Bonderite M CR 1405, a RoHS-compliant product that integrates metal passivation and pretreatment into a single step, enhancing efficiency and sustainability in color coating processes. This innovation reduces energy and water consumption by eliminating the … Read the full press release

Roche Completes Acquisition of LumiraDx’s Point of Care Technology, Enhancing Global Diagnostic Capabilities

(IN BRIEF) Roche has completed the acquisition of LumiraDx’s Point of Care technology after receiving all necessary antitrust and regulatory clearances. This addition enhances Roche’s diagnostics portfolio with an advanced multi-assay platform that consolidates a wide range of tests, including … Read the full press release

Continental Unveils Eco-Friendly Tough RuNR Air Springs with Reduced CO2 Emissions

(IN BRIEF) Continental has launched Tough RuNR air springs, which significantly reduce CO2 emissions by using a new compound of natural rubber and ethylene-propylene-diene rubber (EPDM) instead of synthetic rubber. This innovation, to be showcased at the IAA Transportation 2024 … Read the full press release

GreenPowerMonitor Unveils Advanced Energy Management System to Boost Renewable Power Plant Efficiency

(IN BRIEF) GreenPowerMonitor (GPM), a DNV company, has launched an advanced Energy Management System (EMS) designed to enhance the operational efficiency of renewable power plants. The new EMS supports the significant growth in renewable energy capacity, which saw a 50% … Read the full press release

Georgian Water Firm Raises $300 Million Through Green Eurobond Issuance with EBRD Support

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested $40 million in Georgia Global Utilities’ (GGU) second green Eurobond issuance, which totals $300 million. This funding aims to improve Tbilisi’s water infrastructure. The issuance is also backed … Read the full press release

Barco Remains Hopeful for Wind Turbine Permit After Annulment by Council for Permit Disputes

(IN BRIEF) Barco’s permit for a 4.5MW wind turbine at its Kortrijk site was annulled by the Council for Permit Disputes, which cited a need for more thorough examination and justification by the Flemish Government. Despite the setback, Barco is … Read the full press release

Bosnia and Herzegovina Celebrates Milestone in Construction of its Longest Road Tunnel

(IN BRIEF) The Golubinja tunnel, the longest road tunnel in Bosnia and Herzegovina at 3.6 kilometers, has reached a significant milestone with the breakthrough of its left stretch. Part of the Poprikuše – Nemila motorway on the Pan-European Corridor Vc, … Read the full press release

Symrise Launches Digital Immersion Co-Creation Center in Singapore to Foster Food and Beverage Innovation

(IN BRIEF) Symrise has launched a Digital Immersion Co-Creation Center in Singapore, starting operations in Q3 2024. This high-tech facility integrates digital technology with market, consumer, and sensory insights to drive innovation in food and beverage development. The center features … Read the full press release

ZF Group Announces Strategic Realignment to Boost Competitiveness and Efficiency

(IN BRIEF) ZF Friedrichshafen AG is realigning its structures to enhance competitiveness, focusing on Commercial Vehicle Technology, Chassis Solutions, Industrial Technology, and Aftermarket divisions. The restructuring will consolidate German locations, resulting in a gradual reduction of 11,000 to 14,000 jobs … Read the full press release

INEOS Inovyn Partners with Daimler to Trial Hydrogen Trucks, Paving Way for Zero-Emission Transport

(IN BRIEF) INEOS Inovyn, Europe’s leading PVC producer, is partnering with Daimler to trial the Mercedes-Benz GenH2 hydrogen trucks, aiming to enhance heavy-duty transport’s sustainability. Over the next 12 months, INEOS will make around 250 deliveries using these trucks in … Read the full press release