Acquisition in the field of machine vision
Technology Group Andritz has acquired the Finnish company Procemex, a provider of integrated web monitoring and inspection solutions for the pulp and paper industry.
read more...read more...Stefano Baggio becomes new Managing Director
Seco Northern Europe has appointed Stefano Baggio as the successor to Luca Buscherini. Baggio will assume the role of Managing Director at the company's Hamburg site.
read more...Partnership for networked manufacturing with 5G and real-time positioning
Telekom and Trumpf are further expanding their cooperation in the field of positioning systems for the networked industry. The agreement that has now been signed will facilitate the joint market launch.
read more...China and Spain with growth
The electrical and digital industry recorded a double-digit percentage decline in exports in March. Only exports to China and Spain increased. This puts the first quarter in the red.
read more...Fewer machinery exports in the first quarter
Machinery exports continued to decline in the first quarter, according to the VDMA. Orders from the USA are also flagging. China is also falling short of expectations.
read more...New commercial director appointed
Alexander Veidt was appointed Commercial Managing Director at Janitza electronics as of February 1, 2024.
read more...ZVEI calls for a turnaround in efficiency
"Far too often we stand in our own way"
At the eSummit in Berlin, the ZVEI is calling for the efficiency revolution to start now. This involves the broad electrification of all areas of life, especially the industrial, transportation and residential sectors.
read more...Siemens sells Innomotics for 3.5 billion euros
Siemens sells Innomotics to KPS Capital Partners for 3.5 billion euros. Preparations for an IPO of the manufacturer of electric motors and large drives were announced in November.
read more...Siemens quarterly figures Q2/2024
Industrial business almost at previous year's level
Siemens achieved a "solid performance" in the second quarter of the fiscal year, with strong growth in the industrial software business in particular. Overall, revenue was almost unchanged compared to the same period last year.
read more...Schaeffler has a stable start to the 2024 financial year
Schaeffler presented its business figures for the first quarter of 2024 and surprised with stable revenue figures at constant currency. The Group is sticking to its forecast for the current year despite restructuring measures and the Vitesco merger.
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