Björn Rosengren becomes new CEO
The Board of Directors of ABB has unanimously appointed Björn Rosengren as Chief Executive Officer. He will join ABB on February 1, 2020 and succeed CEO Peter Voser in this role on March 1, 2020.
read more...read more...VDMA revises production forecast for 2019
The order situation and real production in the mechanical engineering sector weakened significantly in the first few months of 2019. According to the VDMA, there is no improvement in sight. The association has therefore revised its forecast for 2019 as a whole downwards.
read more...Siemens - the 3rd quarter of 2019
'Digital Industries' and 'Gas and Power' cause concern
Despite considerable headwinds in key markets, Siemens grew its order intake and revenue in the third quarter of 2019. EBITA and profit, on the other hand, fell, mainly due to declines in 'Digital Industries' and 'Gas and Power'. The figures in detail.
read more...Wind power / Predictive maintenance
Bonfiglioli cooperates with Schaeffler
A compact solution package for the predictive maintenance of azimuth drives for wind turbines is the result of a long-term development partnership between Bonfiglioli and Schaeffler.
read more...Heiner Lang new Chief Development Officer
On August 1, Heiner Lang (43) will join the Management Board of Bosch Rexroth AG. Within the Management Board, he will assume responsibility for the technology company's Development division. This was previously the responsibility of CEO Rolf Najork.
read more...First integrated electric axle drive for large-scale production
The powerful, lightweight and compact axle drive will hit the roads in China and Europe this year. It will be used in various electric models.
read more...New dual leadership at Wittenstein Alpha
Wittenstein Alpha has reorganized its management team: In addition to Thomas Patzak, who joined the company on July 1, 2019, Norbert Pastoors will be at the helm of the drive technology specialist from August 15, 2019.
read more...Siemens takes over IST GmbH
Siemens has reached an agreement to acquire the shares of IST GmbH: As of April 1, 2020, the automation specialist from Chemnitz is to be integrated into the 'Production Machines' business segment of Siemens Operating Company Digital Industries.
read more...Buffer zone shortened
If you are dimensioning a travel drive or a linear drive, you need to install a mechanical buffer at the end of the travel path to be on the safe side. LTI Motion offers the solution here.
read more...New Vice President and General Manager for EMEA
Kollmorgen announced at the beginning of June 2019 that Alberto Favalessa - former Managing Director for Italy and Switzerland - has been appointed as the new Vice President and General Manager for the EMEA region.
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