Management change at Power Transmission & Controls Division EMEIA
Florian Butzmann, CEO of Sumitomo (SHI) Cyclo Drive Germany and the associated SCG Group, will also become CEO of the Power Transmission & Controls Division EMEIA.
read more...read more...Greenhouse gas emissions at their lowest level since the 1950s
Germany is emitting fewer greenhouse gases than it has for a long time. This is the assumption of experts from the Agora Energiewende think tank. But that sounds better than it is.
read more...One year of the Supply Chain Act
Since the beginning of the year, German companies have been required by law to take responsibility for child and forced labor in the supply chain of their products. The responsible federal office has drawn a positive balance - the economy is less satisfied.
read more...Germany is becoming less attractive as a business location
Is Germany becoming the "sick man of Europe" again - or is it already? The DIHK President sees many weaknesses in Germany as a business location.
read more...New Chief Technology Officer comes from Kuka
The Supervisory Board of Ziehl-Abegg has appointed Wolfgang Mayer as the new Chief Technology Officer. The 50-year-old will take over the role in February 2024.
read more...Plant honored as Sustainability Lighthouse
Schneider Electric's plant in Hyderabad, India - one of India's most important technology locations - has been recognized as a Sustainability Lighthouse by the Davos World Economic Forum. This is the third award of this kind for Schneider Electric.
read more...Management change at Andritz and Schuler
The Andritz Supervisory Board and the current Schuler CEO Domenico Iacovelli have mutually agreed on the latter's departure as of December 31, 2023. Dr. Joachim Schönbeck will take over as CEO at the turn of the year.
read more...Investments in Singapore and India
ebm-Papst is investing around 1 million euros in the expansion and conversion of its site in Singapore. The original headquarters of the Southeast Asia region will in future manage the entire Asia-Pacific and Middle East Asia region.
read more...Sales growth of 4% expected in 2024
The robotics and automation industry in Germany is forecasting a 4% increase in turnover for 2024. According to the latest figures from the VDMA Robotics + Automation Association, industry sales will therefore rise to 16.8 billion euros, setting a new record.
read more...Mechanical and plant engineering sector weakens forecast
The global economic downturn is leaving its mark on the mechanical engineering industry. Although the VDMA is raising its forecast for 2023, a real decline in production of 4% is expected for 2024, according to the association at its annual press conference.
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