ABB

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Investor AB Announces Board of Directors Nominations for 2024 Annual General Meeting

PRESS RELEASE -- 27, March 2024

(IN BRIEF) Investor AB’s Nomination Committee has submitted proposals for the upcoming Annual General Meeting on May 7, 2024, regarding the composition of the Board of Directors. The committee suggests thirteen members, including notable re-elections such as Gunnar Brock, Magdalena … Read the full press release

Andrea Herrmann Reappointed as CFO of Vienna Stock Exchange, Ensuring Stability and Continuity

PRESS RELEASE -- 22, March 2024

(IN BRIEF) The Vienna Stock Exchange’s supervisory board has affirmed its commitment to stability and continuity by reappointing Andrea Herrmann as Chief Financial Officer (CFO) during its recent meeting. Herrmann, who has been a member of the management board since … Read the full press release

ABB Strengthens US Robotics Leadership with Expanded Facility in Auburn Hills, Michigan

PRESS RELEASE -- 14, March 2024

(IN BRIEF) ABB inaugurated its renovated US robotics headquarters and manufacturing facility in Auburn Hills, Michigan, underscoring its dedication to bolstering its leadership in the US robotics market. The facility, with a 30% increase in space, will support ABB’s role … Read the full press release

Sustainable Infrastructure Expert Mikael Karlsson Nominated for Equinor ASA Board Seat

PRESS RELEASE -- 13, March 2024

(IN BRIEF) Equinor ASA’s nomination committee proposes Mikael Karlsson as a new member of the company’s board of directors, aiming to expand the board to 11 members following the departure of Michael Lewis. Karlsson, currently a partner and Vice Chairman … Read the full press release

EIB Boosts Bulgarian Economy with €291 Million Financing and Advisory Support

PRESS RELEASE -- 29, February 2024

(IN BRIEF) The European Investment Bank (EIB) and European Investment Fund (EIF) have forged agreements with Bulgarian partners, including Allianz Bank Bulgaria (ABB) and United Bulgarian Bank (UBB), to enhance the country’s economy and advance its transition to carbon neutrality. … Read the full press release

ABB Releases Integrated Report Showcasing Record-Breaking Year and Sustainability Progress

PRESS RELEASE -- 23, February 2024

(IN BRIEF) ABB has released its Integrated Report, along with its Annual Reporting Suite for 2023, detailing the company’s strategy, business performance, governance, and sustainability achievements. The report highlights ABB’s record-breaking year in 2023, emphasizing its role as a technology … Read the full press release

ABB Appoints Morten Wierod as CEO Successor to Lead Company’s Next Chapter

PRESS RELEASE -- 23, February 2024

(IN BRIEF) ABB, a global technology leader in electrification and automation, has announced the appointment of Morten Wierod as its new Chief Executive Officer (CEO), succeeding Björn Rosengren. Wierod, currently serving as President of the Electrification Business Area, will assume … Read the full press release

ABB Announces Annual General Meeting 2024: Key Details and Agenda Revealed

PRESS RELEASE -- 23, February 2024

(IN BRIEF) ABB has released an invitation to its Annual General Meeting (AGM) scheduled for March 21, 2024, at 10:00 a.m. The meeting will take place at Halle 550, Birchstrasse 150, 8050 Zurich, Switzerland, and will also be broadcast online. … Read the full press release

ABB to Expand Electrification Service Portfolio with SEAM Group Acquisition

PRESS RELEASE -- 17, February 2024

(IN BRIEF) ABB has announced its agreement to acquire SEAM Group, a prominent provider of energized asset management and advisory services. This acquisition aims to enhance ABB’s Electrification Service offering, providing customers with expertise in predictive, preventive, and corrective maintenance, … Read the full press release

AI IN JAN 2024 ACROSS EUROPE: THE LATEST IN AI (ARTIFICIAL INTELLIGENCE) RESEARCH, DEPLOYMENTS, DEVELOPMENTS, DEALS, ETC.

PRESS RELEASE -- 13, February 2024

(IN BRIEF) From Bonn to Bilbao, Europe’s AI scene is buzzing with innovation. Major players like Deutsche Telekom, Ericsson, and Volkswagen are pushing boundaries through groundbreaking partnerships and integrations. Projects like NextGen are personalizing therapies using AI, while collaborations between … Read the full press release

MAN’s Electric Lion eTruck Almost Sold Out with 700 Orders in 3 Months

PRESS RELEASE -- 24, January 2024

(IN BRIEF) In just over three months since its sales launch, the limited edition of MAN’s 2024 model year electric lion eTruck designed for long-distance transport is nearly sold out, with 700 orders and order requests received. Large-scale production is … Read the full press release

ABB Expands AI and Software Capabilities with Acquisition of Meshmind to Boost Automation Innovation

PRESS RELEASE -- 19, January 2024

(IN BRIEF) ABB has announced its acquisition of a majority stake in Meshmind, a software service provider, to bolster its research and development capabilities in AI, Industrial IoT, and machine vision. This strategic move will enable ABB to establish a … Read the full press release