LONDON, 17-Apr-2018 — /EuropaWire/ — On February 20, 2018, the Company announced that the United States Supreme Court ruled in its favor in Reese vs. CNH Industrial N.V. and CNH Industrial America LLC. The decision allows CNH Industrial to terminate or … Read the full press release
Posted in Business, Industrial, Management, United Kingdom
Tagged benefits, CNH Industrial, court_ruling, liability, pretax_income, Reese, retiree, retiree benefits
LONDON, 17-Apr-2018 — /EuropaWire/ — CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) has published the following presentation and podcast to the Investor Relations section of its corporate website (www.cnhindustrial.com): “Adoption of New Revenue Recognition Standard (ASC 606), New Retirement Benefits Accounting … Read the full press release
MUNICH, 17-Apr-2018 — /EuropaWire/ — Already in February 2018, a controllable rotating phase-shifter was supplied to the west Bavarian substation Oberottmarshausen near Augsburg, operated by TSCNET shareholder Amprion, one the four German transmission system operators (TSOs). Due to the decommissioning of … Read the full press release
Posted in Energy, Gas & Oil, Germany, Industrial
Tagged grid, Oberottmarshausen, substation, transformer, transmission, TSCNET, TSOs
Maintal, Germany, 17-Apr-2018 — /EuropaWire/ — To further expand its market position in the water management business, NORMA Group signed an agreement to acquire Kimplas Piping Systems Ltd. (“Kimplas”) on April 6, 2018. Kimplas is a leading Indian manufacturer of … Read the full press release
Posted in Business, Germany, Industrial, Technology
Tagged acquisition, joining technology, joining_technology, Kimplas, Krishen Khanna, Norma Group, thermoplastic, thermoplastic materials, WATER
Continental in Kaluga produced 10,000,000 tires in less than 5 years since start of production The tire manufacturing facility in Kaluga is the Quality Award winner 2017 amongst Continental’s plants Over 250 million investments and more than 1,000 employees at … Read the full press release
Posted in Automotive, Germany, Industrial, Russia
Tagged Continental, Georgy Rotov, Kaluga, milestone, Nikolai Setzer, tire, tire plant, tire production
Hannover Fair: Industry hackathon with international startups from four eco-systems Duensing: “Innovations are the lubricating oil and fuel for future-proof industrial companies.” Talented young people from Hanover, Hamburg, San Luis Potosí (Mexico) and Bucharest (Romania) search for solutions to challenges … Read the full press release
Posted in Agriculture, Environment, Germany, Industrial, Technology
Tagged agriculture, air_quality, Christoph Seeger, Continental Hackathon, fuel, hackathon, Hannover Messe, Hans-Jürgen Duensing, industry fair, innovative solutions, IoT, oil, Startups, Tech
Total building area of 80,000 square meters, in which 20,000 square meters for phase I Another significant step for ensuring further growth in the Chinese market Further expand powertrain product portfolio to better serve customers locally and globally Wuhu /Shanghai, … Read the full press release
Posted in Automotive, Germany, Industrial, Transportation & Logistics
Tagged Continental, Enno Tang, greenfield facility, powertrain components, Shi Sen
Redditch, United Kingdom, 13-Apr-2018 — /EuropaWire/ — GKN Fokker has signed an agreement with Honeywell to provide customers with component maintenance, repair and overhaul services for avionics and mechanical components. Customers will have access to Honeywell’s world-class avionics and mechanical solutions … Read the full press release
Düsseldorf, Germany, 13-Apr-2018 — /EuropaWire/ — An international customer has contracted with Rheinmetall to supply it with artillery and tank ammunition worth a total of round €380 million; the order intake was booked in Q1 2018. The calibre of the artillery … Read the full press release
Posted in Defence, Germany, Industrial, Technology
Tagged Ammunition, artillery, Rheinmetall, tank, tank ammunition, WEAPON
Expanded crosslinker portfolio at Mobile site (Alabama, USA) Production start-up is scheduled for Q3 2018 Improved availability for customers in the US Darmstadt (Germany)/ Mobile (Alabama, USA), 12-Apr-2018 — /EuropaWire/ — Evonik is expanding its production capacities for methacrylate crosslinkers of … Read the full press release
Posted in Chemicals, Germany, Industrial
Tagged Evonik, Grant Lafontaine, Hans-Peter Hauck, methacrylate crosslinkers, VISIOMER
ESSEN, WESSELING, 12-Apr-2018 — /EuropaWire/ — Evonik has comprehensively optimized the production process of VESTAKEEP® PEEK and further improved the quality of the product at its Changchun, China, site. The Group is thus positioning itself as a reliable partner on … Read the full press release
Posted in Chemicals, Germany, Industrial
Tagged CHINA, Dr. Ralf Düssel, Evonik, PEEK, VESTAKEEP® PEEK
Westhampnett, United Kingdom, 10-Apr-2018 — /EuropaWire/ — Rolls-Royce announced today that it has signed an agreement to sell L’Orange, a wholly owned subsidiary of Rolls-Royce Power Systems, to Woodward Inc., for an enterprise value of €700 million (£610 million). Woodward … Read the full press release
Posted in Automotive, Germany, Industrial, Investment, Technology, Transportation & Logistics
Tagged acquisition, aerospace, Andreas Schell, diesel, engines, fuel_injection, L’Orange, Rolls-Royce, Warren East, Woodward Inc
Joint venture between Rolls-Royce Power Systems and Guangxi Yuchai Machinery Company prepares for series production In-depth partnership for long-term success in power generation and in the oil and gas industry Friedrichshafen, Germany/Yulin, China, 10-Apr-2018 — /EuropaWire/ — MTU Yuchai Power, … Read the full press release
First 3D-printed part visible to passengers will be flying soon with Finnair TOULOUSE, 10-Apr-2018 — /EuropaWire/ — When an airline updates its aircraft cabin layout, gaps are often created between the existing and new components. Such gaps need to be … Read the full press release
Posted in Aviation & Aerospace, Belgium, France, Industrial, Technology, Transportation & Logistics
Tagged 3D, 3D_ printing, Airbus, cabins, jetliners, Materialise, parts
Ghazeer development to bring Khazzan production to an estimated 1.5 bcf/d gas MUSCAT, Sultanate of Oman, 10-Apr-2018 — /EuropaWire/ — BP today announced that, together with its partner the Oman Oil Company Exploration & Production, it has approved the development … Read the full press release
Posted in Energy, Gas & Oil, Industrial, United Kingdom
Tagged BP, exploration, gas, gas_field, Oman, Oman Oil Company Exploration & Production, Yousuf Al Ojaili
Wintershall awarded seven offshore exploration licenses in Brazil’s 15th oil and gas licensing round Entry into Brazil strengthens Wintershall’s position in South America Rio de Janeiro/Kassel, 06-Apr-2018 — /EuropaWire/ — Wintershall is continuing its growth course and has now been … Read the full press release
Posted in Energy, Gas & Oil, Germany, Industrial
Tagged Brazil, gas, oil, oil and gas producer, Thilo Wieland, Wintershall
HAMBURG, 04-Apr-2018 — /EuropaWire/ — Aurubis AG (Aurubis) and Wieland-Werke AG (Wieland), Ulm, signed the contract regarding the sale of Segment Flat Rolled Products (FRP) on March 29, 2018. Execution of the sales contract is subject to approval by the … Read the full press release
Posted in Germany, Industrial, Metals and Minerals
Tagged acquisition, Aurubis AG, copper, Jürgen Schachler, metals, recycling, Segment Flat Rolled Products, Wieland-Werke AG
Design-and-build contract for approx. 13 km tunnel section with portal and ramp Part of underground transport system for Woodsmith Mine in North Yorkshire, England World’s largest deposit of polyhalite one step closer to mining LONDON, 03-Apr-2018 — /EuropaWire/ — Sirius Minerals … Read the full press release
This allows Eni to build up and consolidate a new core area with significant operational synergies in the Country. San Donato Milanese (Milan), 03-Apr-2018 — /EuropaWire/ — Eni and its partner Lukoil have been awarded rights to Block 28, located in … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Italy
Tagged Eni, exploration, gas, LUKOIL, Mexico, offshore Mexico
Growth-oriented investments strengthen our position in core markets. Read more about the Success Stories in the 2017 Annual Report. VIENNA, 02-Apr-2018 — /EuropaWire/ — What does the network on the cover of the 2017 Annual Report stand for? The full … Read the full press release
Posted in Austria, Construction, Industrial, Management
Tagged Annual Report 2017, Bricks, building, EBITDA, revenue, Wienerberger Group
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