Tag Archives: modernization

Wynxx Revolutionizes Software Development, Cutting Documentation Time by 90% and Speeding Up Legacy Modernization

(IN BRIEF) Wynxx, GFT Technologies’ GenAI-powered software delivery product, is transforming the software development landscape. It reduces documentation efforts by over 90 percent and accelerates legacy modernization by more than 40 percent, as demonstrated by a global tier-1 investment bank. … Read the full press release

ANDRITZ to Upgrade Tangsteel’s Continuous Galvanizing Line for Enhanced Automotive Steel Production

(IN BRIEF) ANDRITZ has secured an order to upgrade and modernize Tangsteel’s No. 5 Continuous Galvanizing Line in Tangshan, China. The upgrade will enhance the line’s ability to produce higher steel grades for automotive applications and improve operational efficiency. Commissioning … Read the full press release

AFRY Secures Key Contracts for Zurich Western Bypass Refurbishment with Swiss Federal Road Authority

(IN BRIEF) AFRY has been awarded two important contracts as part of a consortium for the refurbishment of the Zurich Western Bypass by the Swiss Federal Road Authority (FEDRO). AFRY’s responsibilities include the planning and supervision of tunnel lighting and … Read the full press release

Voith Paper Receives Order to Modernize PM 1 at Matías Gomá Tomás in Spain

(IN BRIEF) Voith Paper has received an order from Matías Gomá Tomás to modernize their PM 1 at the La Riba facility in Spain. The rebuild, which is scheduled to be completed by the fourth quarter of 2025, aims to … Read the full press release

CapMan Real Estate and Scandic Revitalize Historic Hotel Laajavuori with Sustainable, High-Tech Renovation

(IN BRIEF) CapMan Real Estate and Scandic are jointly undertaking a major renovation of Hotel Laajavuori in Jyväskylä, Finland, with the project focused on modernizing the historic 24,000 square metre property. Key improvements include significant enhancements to energy efficiency, room … Read the full press release

VERBUND’s Kaprun 2029 Project Reaches Major Milestone with Tunnel Boring Machine Launch

(IN BRIEF) On February 18, 2025, the tunnel boring machine (TBM) for VERBUND’s Kaprun 2029 project began its 5.6-kilometre journey from the Limberg valve chamber to the surge tank beneath Maiskogel, marking a key milestone in the project’s modernization efforts. … Read the full press release

EDGE Group and Indra Forge Strategic Partnership to Enhance UAE’s Naval Defence

(IN BRIEF) EDGE Group’s Abu Dhabi Ship Building (ADSB) has entered a strategic partnership with Spain’s Indra to enhance the FA-400 offshore patrol vessel with advanced radar, electronic warfare, and counter-UAS technologies. The agreement was signed at NAVDEX 2025 in … Read the full press release

Siemens Mobility and Leonhard Weiss Secure Major Contract for Germany’s Rail Modernization

(IN BRIEF) Siemens Mobility, in partnership with Leonhard Weiss, has secured a significant share of Deutsche Bahn’s (DB) first-ever volume contract for the modernization of Germany’s rail network. Valued at €2.8 billion for the consortium, the contract is part of … Read the full press release

thyssenkrupp Steel Unveils Advanced Annealing and Isolating Line in Bochum to Support Electric Mobility Growth

(IN BRIEF) thyssenkrupp Steel has completed a key investment in its Bochum facility with the opening of a new annealing and isolating line, marking a major step in its strategy to produce high-tech electrical steel for electric vehicles and energy-efficient … Read the full press release

AFRY Secures Key Design Contract for Control Circuit Reconstruction at Paks Nuclear Power Plant, Hungary

(IN BRIEF) AFRY has been awarded a significant design contract by MVM NUKA for the reconstruction of control circuits at Hungary’s MVM Paks Nuclear Power Plant as part of its lifetime extension programme. The project involves the design of nearly … Read the full press release

Skanska Secures EUR 40M Contract for Major Railway Station Modernization in Slovakia

(IN BRIEF) Skanska has been awarded a EUR 40M contract by The Railway of the Slovak Republic for the modernization of Levice and Veľké Kozmálovce railway stations in southern Slovakia. The project includes the construction of new tracks, installation of … Read the full press release

University of Kent Partners with Siemens to Halve Carbon Emissions and Modernize Campus by 2030

(IN BRIEF) The University of Kent has partnered with Siemens Smart Infrastructure to reduce its campus scope 1 and 2 carbon emissions by 50% by 2030, as part of its broader goal to achieve net-zero emissions by 2040. Following a … Read the full press release

SNCF Voyageurs Expands RER NG Fleet with New Alstom Order for Île-de-France

(IN BRIEF) SNCF Voyageurs has placed a €520 million order with Alstom for 35 additional RER NG trains, fully funded by Île-de-France Mobilités. This brings the total fleet to 166 trains, designed to modernize the RER E and RER D … Read the full press release

ANDRITZ to Modernize Governador Parigot de Souza Hydropower Plant, Boosting Brazil’s Clean Energy Capacity

(IN BRIEF) ANDRITZ has been selected by Companhia Paranaense de Energia (COPEL) to modernize the Governador Parigot de Souza hydropower plant in Curitiba, Brazil. The project will include upgrades to key components such as Pelton turbines, generators, and electrical systems, … Read the full press release

RBS Selects Stadler to Deliver New Fleet for Solothurn-Bern Line

(IN BRIEF) RBS has selected Stadler to supply 20 new multiple-unit trains for the Solothurn-Bern RegioExpress line (RE5) between 2028 and 2030. The CHF 190 million contract aims to replace aging “Seconda” trains, increase capacity, and improve passenger comfort with … Read the full press release

Saab, Thales, and ST Engineering Unite to Modernize Singapore’s Air Traffic Management Infrastructure

(IN BRIEF) Saab, Thales, and ST Engineering have partnered to modernize Singapore’s Air Traffic Management (ATM) infrastructure through a Memorandum of Understanding signed at the Sweden–Singapore Royal Business Forum. The collaboration combines Saab’s advanced Digital Tower Suite, Thales’ ATM expertise, … Read the full press release

EIB Global Partners with Azerbaijan to Modernize Baku’s Metro and Boost Sustainable Urban Transport

(IN BRIEF) EIB Global and Azerbaijan have signed a Memorandum of Understanding (MoU) to support the modernization and expansion of Baku’s metro system, aiming to improve urban mobility and reduce emissions. With technical assistance from EIB Global, Azerbaijan’s Ministry of … Read the full press release

EIB Supports De Watergroep’s €350M Initiative to Modernize and Expand Flanders’ Drinking Water Network

(IN BRIEF) Flemish water utility De Watergroep has secured a €350 million loan from the European Investment Bank (EIB) to modernize Flanders’ drinking water infrastructure. The funding supports a comprehensive 2023-2038 plan aimed at reducing water leakage, expanding the network … Read the full press release

Stadler Partners with Metropolitano de Lisboa to Supply 24 New Metro Vehicles in Major Modernization Effort

(IN BRIEF) Stadler has signed a contract with Metropolitano de Lisboa for the supply of 24 new metro vehicles, with an option for 12 additional units, in a deal worth €134 million. This agreement, witnessed by key Portuguese officials, marks … Read the full press release

České dráhy Secures €300 Million EIB Loan to Modernize Czech Rail Fleet for Enhanced Safety and Sustainability

(IN BRIEF) The European Investment Bank (EIB) has provided a CZK 7.61 billion (€300 million) loan to České dráhy, the Czech Republic’s national railway operator, to modernize and expand its rail fleet. The funding will enable České dráhy to purchase … Read the full press release