Daily Archives: 14, December 2021

Latest Lloyds Bank UK Recovery Tracker: record input cost pressure as energy and salary costs soar squeezed firms’ margins

Latest Lloyds Bank UK Recovery Tracker reveals that the pace of the UK’s recovery slowed in November. Ten of 14 UK sectors monitored posted output growth, two fewer than in October, while just four saw output growth accelerate month-on-month.  Rising … Read the full press release

Newcastle University and WMG at the University of Warwick partner to prepare the UK workforce for the electrification revolution

(PRESS RELEASE) NEWCASTLE, 14-Dec-2021 — /EuropaWire/ — Newcastle University, a UK public research university and a member of the Russell Group, and WMG at the University of Warwick, a public research university ranked the 10th in the UK, have announced … Read the full press release

Skanska sells its Two Drydock office building in Boston, USA to a global investment firm for EUR 207 million

(PRESS RELEASE) STOCKHOLM, 14-Dec-2021 — /EuropaWire/ — Skanska (STO: SKA-B), a world leading project development and construction group, has announced the sale of its office building Two Drydock in Boston, USA to a global investment firm for EUR 207 million … Read the full press release

Leadership changes at Royal Philips’ Supervisory Board to be voted on at its AGM May 2022

Herna Verhagen and Sanjay Poonen proposed as new members of Philips’ Supervisory Board Paul Stoffels and Marc Harrison proposed for re-appointment as members of the Supervisory Board Neelam Dhawan to retire from the Supervisory Board after third consecutive term (PRESS … Read the full press release

Royal Philips to acquire American developer of minimally-invasive peripheral vascular devices

(PRESS RELEASE) AMSTERDAM, 14-Dec-2021 — /EuropaWire/ — Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, has announced the acquisition of Vesper Medical Inc., a US-based medical technology company that develops minimally-invasive peripheral vascular devices. The acquired … Read the full press release

Zumtobel Group Award – Innovations for Sustainability and Humanity in the Built Environment 2021 announced

(PRESS RELEASE) DORNBIRN, Austria, 14-Dec-2021 — /EuropaWire/ — Zumtobel Group (VIE: ZAG), an Austrian company active in the development, production and sales of lighting technologies, has announced the 2021 winners of its inaugural international architecture prize. The “Zumtobel Group Award … Read the full press release

Distributed Control Systems: ABB remains a global leader on the DCS market according to ARC Advisory Group’s DCS market analysis and forecast report

ABB’s Distributed Control Systems (DCS) maintained a leading share of around 20 percent in 2020 in a market worth more than $14 billion During 2020 ABB saw growth across key regions, despite the impact of the pandemic on the DCS market across industry … Read the full press release

Alstom to build new production line for board transformers with EUR 10.5 million investment in Morocco

(PRESS RELEASE) SAINT-OUEN, 14-Dec-2021 — /EuropaWire/ — Alstom (EPA: ALO), a French multinational rolling stock manufacturer and leader in sustainable and green mobility solutions, has announced a EUR 10.5 million investment in Morocco for the development of a new 13 … Read the full press release