(IN BRIEF) Vattenfall and Industrikraft have formalized a partnership to develop new nuclear power in Sweden, with Industrikraft acquiring a 20% share in Videberg Kraft AB and investing SEK 400 million. The consortium, which includes leading Swedish companies such as … Read the full press release
Posted in Construction, Energy, Gas & Oil, Environment, Government, Industrial, Infrastructure & Utilities, Management, News, Sweden, Technology
Tagged ABB, Alfa Laval, Anna Borg, Boliden, EU energy transition, fossil-free electricity, Green Energy, Hitachi Energy, Höganäs AB, Industrikraft, nuclear power, Ringhals, Saab, SSAB, Stora Enso, sustainable power, Sweden, Swedish industry, Tom Erixon, Vattenfall, Vattenfall and Industrikraft Partner to Drive Sweden’s Next Generation of Nuclear Energy, Videberg Kraft AB, Volvo Group
(IN BRIEF) ABB and Enedis have signed a new five-year framework agreement, extendable to eight years, to modernize and decarbonize France’s electricity distribution network. Building on their 2017 collaboration to phase out SF6 gas from medium-voltage switchgear, the renewed partnership … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology
Tagged ABB, ABB and Enedis Forge Next Phase of Sustainable Grid Modernization in France, Andrea Estrada Hein, circular economy, decarbonization, Distribution Solutions, eco-design, electrification, Enedis, Enedis Extends Collaboration with ABB to Deploy SF6-Free Technologies Across French Power Networks, energy transition, European Union F-gas regulation, France, greenhouse gas reduction, grid modernization, Hervé Champenois, medium-voltage networks, power distribution, renewable energy integration, SF6-free switchgear, sustainable infrastructure, Unisec V500
(IN BRIEF) ABB has entered into a partnership with NVIDIA to develop advanced power distribution solutions that will enable the construction of next-generation gigawatt-scale data centers capable of handling the growing energy demands of artificial intelligence workloads. The collaboration centers … Read the full press release
Posted in Artificial Intelligence (AI), Business, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged 800 VDC architecture, ABB, ABB and NVIDIA Collaborate to Advance Power Infrastructure for High-Density AI Data Centers, ABB and NVIDIA Join Forces to Develop Next-Generation Power Solutions for Gigawatt-Scale AI Data Centers, ABB Partners with NVIDIA to Develop Efficient 800V DC Power Solutions for Next-Generation AI Facilities, AI workloads, artificial intelligence, data centers, data infrastructure, DC power distribution, Dell’Oro Group, Dion Harris, electrification, energy efficiency, Giampiero Frisio, gigawatt-scale, high-density AI, HiPerGuard, NVIDIA, power infrastructure, SACE Infinitus, solid-state electronics, UPS
(IN BRIEF) One Click LCA has integrated SimaPro and PRé Sustainability into its operations, forming the world’s largest and most advanced life-cycle assessment (LCA) platform. With over 500,000 datasets across multiple industries, the combined platform blends SimaPro’s scientific rigor with … Read the full press release
Posted in Business, Environment, Finland, Industrial, Netherlands, Science, Technology
Tagged ABB, Aecom, Autodesk, Bentley Systems, carbon reduction, Eric Mieras, InfraVia, Johnson & Johnson, LCA platform, life-cycle assessment, One Click LCA, Panu Pasanen, PRé Sustainability, Procter & Gamble, PSG Equity, regulatory compliance, Siemens Energy, SimaPro, supply chain data, sustainability software
(IN BRIEF) Kuehne+Nagel and ABB have expanded their partnership in Chile to encompass last-mile delivery and fulfillment under contract logistics, building on more than ten years of joint air freight operations. Kuehne+Nagel will handle logistics for ABB’s Electrification, Motion and … Read the full press release
Posted in Business, Financial, Government, Iceland, Investment, Management, Marketing, News, Switzerland, Technology
Tagged ABB, Chile, contract logistics, cross-docking, electric fleet, electrification, fulfillment, Javier Ansó, Kuehne+Nagel, last-mile delivery, low-carbon logistics, Martín Castellucci, Motion, partnership, photovoltaic panels, Process Automation, Santiago distribution center, sustainability, Swedfund International, waste management
(IN BRIEF) ABB has launched its Battery Energy Storage Systems-as-a-Service to provide businesses with a flexible, zero-CapEx solution for energy storage. This service, designed for various industries, enables companies to adopt advanced energy solutions without large capital investments, ensuring immediate … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, battery energy storage, BESS-as-a-Service, clean energy, commercial buildings, data centers, decarbonization, energy efficiency, energy security, energy storage, energy trading, net zero, operational expenditure, sustainability
(IN BRIEF) ABB has announced its intention to spin off its Robotics division as an independent company, with a targeted listing in Q2 2026. The spin-off will be executed via a dividend in-kind, allowing shareholders to receive shares in the … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Financial, Industrial, Investment, Management, News, Switzerland, Technology
Tagged 2026 IPO, ABB, ABB Robotics, AI robotics, automation, autonomous mobile robots, discrete automation, dividend in-kind, electrification, global manufacturing, industrial robotics, intelligent automation, machine automation, Morten Wierod, Nasdaq Switzerland, operational EBITA, Peter Voser, Process Automation, Robotics spin-off, Shareholder Value, Switzerland tech industry
(IN BRIEF) ABB has successfully acquired Siemens’ Wiring Accessories business in China, enhancing its position in the smart building technologies sector. The acquisition, valued at over $150 million in revenue for 2024, adds a robust distribution network across 230 cities … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, ABB Electrification, acquisition, AI, CHINA, decarbonization, digitalization, distribution network, electrification, energy efficiency, home automation, Mike Mustapha, partnership, portfolio expansion, Siemens, smart building solutions, smart building technologies, smart buildings, smart door locks, smart home systems, Southeast Asia, sustainability, urbanization, Wiring Accessories
(IN BRIEF) ABB shareholders who are tax-resident in Sweden and hold shares registered with Euroclear Sweden can opt to receive their dividend in Swedish kronor through the Dividend Access Facility (DAF), avoiding Swiss withholding tax. The application period for the … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Management, News, Sweden, Switzerland, Technology
Tagged ABB, ABB Ltd, Annual General Meeting, CHF/SEK exchange rate, DAF, dividend, Dividend Access Facility, Euroclear Sweden, shareholders, Sweden, Swedish kronor, Swedish tax regulations, Swedish tax rules, Swiss withholding tax, tax-resident
(IN BRIEF) ABB has acquired Sensorfact BV, a leader in energy management solutions, to enhance its digital energy offerings for industrial clients. Sensorfact’s AI-powered SaaS platform helps small and medium-sized enterprises optimize energy consumption and reduce operational costs. This acquisition … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Small Business, Switzerland, Technology
Tagged ABB, acquisition, artificial intelligence, automation, carbon emissions, digital energy solutions, energy efficiency, Energy management, energy optimization, industrial waste, International Energy Agency, partnership, renewable energy, SaaS, Sensorfact, smart factory platform, sustainability
(IN BRIEF) Holcim has announced its next steps in preparing for the spin-off of its North American business, including the designation of the new Board of Directors. The 10-member Board will become official following shareholder and regulatory approvals, expected by … Read the full press release
Posted in Business, Construction, Industrial, Management, News, Switzerland, Technology
Tagged 3M Company, ABB, Alstom Group, appointment, BlueLinx Holdings Inc., CH2M HILL, Chairman, construction, Cristina A. Wilbur, Deloitte & Touche LLP, Delta Air Lines, Dwight Gibson, EG&G, F. Hoffmann-La Roche, Farmers Group, financial services, GEA Group AG, Genpact Limited, Gilbane Building Company, Governance, holcim, Holli Ladhani, Inc., independent directors, Industrial Operations, interface, Jan Jenisch, Jürg Oleas, Katja Roth Pellanda, leadership, Manufacturing, McDermott International, Michael E. McKelvy, Nicholas Gangestad, North American market, Novartis AG, Nucor Corporation, PerkinElmer Optoelectronics, Pritzker Private Capital, Quanta Services, regulatory approvals, Robert S. Rivkin, Roche, Rockwater Energy Solutions, Rockwell Automation, Select Energy Services, shareholder approvals, Sonoco Products Company, stakeholders, The Cato Corporation, Theresa Drew, United Airlines, Zurich Insurance, Zurich Italy Bank
(IN BRIEF) ABB has partnered with Engineering Software Steyr GmbH (ESS) to revolutionize automotive paint shop operations through advanced simulation tools. The collaboration, which includes ABB taking a minority stake in ESS, will eliminate the need for prototyping, reduce operational … Read the full press release
Posted in Artificial Intelligence (AI), Austria, Automotive, Business, Industrial, Investment, Switzerland, Technology
Tagged ABB, advanced algorithms, Austria, automotive paint shop, CO2 emissions, commissioning, digital tools, digitalization, Dr. Martin Schifko, Engineering Software Steyr GmbH, ESS, fluid dynamics, heat transfer, manufacturing efficiency, Marc Segura, operational costs, PixelPaint, prototyping, RB1000i-S, RobotStudio, simulation tools, smart automation, sustainability
(IN BRIEF) ABB has acquired Solutions Industry & Building (SIB), a French manufacturer of premium cable glands and electrical products, to expand its portfolio of electrification and cable protection solutions. This acquisition strengthens ABB’s presence in specialized markets such as … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, acquisition, Cable Protection, electrification, France, Gilles Lherbier, INNOVATION, Khalid Mandri, partnership, Solutions Industry & Building (SIB), sustainability
(IN BRIEF) ABB and Zumtobel Group have announced a strategic partnership aimed at advancing smart building solutions and direct current (DC) industrial applications. The collaboration will integrate ABB’s building automation solutions with Zumtobel’s advanced lighting management systems, creating efficient, sustainable … Read the full press release
Posted in Austria, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, Austria, Direct Current Applications, Lucy Han, Oliver Vogler, partnership, Smart Building Innovations, sustainability, Switzerland, Zumtobel Group
(IN BRIEF) ABB has announced the acquisition of Födisch Group, a leading German company specializing in advanced measurement and analytical solutions for the energy and industrial sectors. This acquisition will strengthen ABB’s position in continuous emission monitoring systems (CEMS), allowing … Read the full press release
(IN BRIEF) ABB has named Giampiero Frisio as the President of its Electrification Business Area and Brandon Spencer as the President of its Motion Business Area, effective August 1, 2024. Both Frisio and Spencer, currently serving as Division Presidents within … Read the full press release
(IN BRIEF) ABB has announced its agreement to acquire Siemens’ Wiring Accessories business in China, a strategic move aimed at broadening its market reach and enhancing its regional customer offerings within smart buildings. The acquisition encompasses wiring accessories, smart home … Read the full press release
(IN BRIEF) ABB has announced a minority investment in Ndustrial, a US-based clean technology startup renowned for its AI-powered energy management platform. This strategic move aims to empower customers with real-time energy optimization, cost reduction, and accelerated decarbonization. Ndustrial’s innovative … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Switzerland, Technology
Tagged ABB, AI-powered, Energy management, investment, John Crawford, Mads Moeller, Ndustrial, partnership, Stuart Thompson, sustainability, USA
(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
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, Auburn Hills, John Bubnikovich, leadership, Michigan, partnership, robotics, Sami Atiya, sustainability, US
(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
Posted in Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Switzerland, Technology
Tagged ABB, Björn Rosengren, Financial, investment, Peter Voser, sustainability
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