The realignment
In mid-December 2018, ABB announced fundamental measures to focus its business and strengthen its technology leadership in digital industries. The company has now provided a strategy update.
read more...read more...ABB - 4th quarter and full year 2018
Solid growth and lower profit
ABB has now announced its figures for the 2018 financial year: With growth of 8% in order intake and 4% in sales, Group management is very satisfied.
read more...Product counterfeiters denounced with 'Plagiarius 2019'
On February 8, 2019, Aktion Plagiarius e.V. "awarded" the negative "Plagiarius" prize to brazen counterfeiters and their sales partners for the 43rd time. The counterfeit products include consumer goods as well as two industrial components.
read more...Production in mechanical engineering
Growth well below the VDMA's expectations
According to preliminary calculations by the Federal Statistical Office, production in the mechanical engineering sector in Germany rose by 2% in 2018. This fell well short of the VDMA's forecast of 5% growth.
read more...New managing directors at Phoenix Contact E-Mobility
On January 1, 2019, Michael Heinemann and Ralf Döhre took over the management of Phoenix Contact E-Mobility GmbH: Heinemann as the new CEO and Chairman of the Management Board, Döhre the COO of the company.
read more...Danfoss wants to take over UQM Technologies
The Danish Danfoss Group is planning to purchase the US company UQM Technologies via its subsidiary Danfoss Power Solutions. The purchase price is 100 million US dollars. UQM is a manufacturer of electric motors, generators, power electronics and fuel cell compressors.
read more...Electric motors for hybrids and e-cars
Bosch takes over EM-motive completely
Bosch takes over EM-motive completely. The electric motor manufacturer was founded in 2011 as a joint venture between Bosch and Daimler. It has produced around 450,000 electric motors to date.
read more...Electric regional aircraft - faster and cheaper
Zunum wants to present the first hybrid-electric aircraft for twelve passengers as early as 2022. Siemens also considers large electric aircraft to be realistic - preferably superconducting.
read more...10 MW wind turbine and rotor diameter of 193 m
Siemens Gamesa plans to launch a 10 MW turbine with direct drive on the market in 2022. Compared to the previous model, the offshore turbine is expected to increase annual energy production by 30 %. Each rotor blade is approximately the length of a soccer pitch.
read more...Arno Reich is the new Director of Hannover Messe
As the new Head of Industry, Energy & Logistics, Arno Reich is now responsible for Deutsche Messe AG's industry, energy and logistics trade fairs - above all Hannover Messe. He takes over the position from Marc Siemering, who has left the company.
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