Tag Archives: ABB

ABB intends to drive $1 billion in white-collar cost savings, free up $2 billion in cash and become more active in value-creating acquisitions

Unlocking additional value through realignment of unique power & automation offering New Power Grids division brings No. 1 power & automation offering to utilities, strategic portfolio review of this division initiated New Electrification Products division combines leading low- and medium-voltage … Read the full press release

ABB, MeteoGroup to equip 140 container ships from Maersk Line with advisory software to optimize routes

ABB and Dutch weather forecasting specialist, MeteoGroup, have won an order to outfit 140 container vessels with software to optimize routes Zurich, Switzerland, 18-8-2015 — /EuropaWire/ — ABB, the leading power and automation group, is working with MeteoGroup to equip … Read the full press release

Royal Philips, ABB to collaborate in China for the integration of Philips Hue connected lighting system for the home with ABB’s i-Jia home automation system

Philips’ Hue will be seamlessly integrated with ABB’s i-Jia, a smart home control system, to give Chinese consumers an amazing connected lighting experience and further the adoption of smart homes in China. Shanghai, China, 1-7-2015 — /EuropaWire/ — Royal Philips (NYSE: … Read the full press release

5G will be tested in one of Boliden’s mines to further improve safety and productivity

The fifth generation mobile network, 5G, is to be tested at one of Boliden’s mines. The test is a partnership between several major players and Boliden’s aim is to further improve safety and productivity in the mine environment. STOCKHOLM, 8-6-2015 … Read the full press release

BT to support ABB in the transformation and management of its global communications infrastructure

BT’s networked IT services to help ABB employees to work more collaboratively and more securely in more than 100 countries LONDON, 1-6-2015 — /EuropaWire/ — BT today announced it is supporting ABB in the transformation and management of its global … Read the full press release

ABB to accompany Solar Impulse on the first round-the-world flight in a plane powered only by energy from the sun

ABB and Solar Impulse share vision of decoupling environmental impact from economic growth Zurich, Switzerland, 9-3-2015 — /EuropaWire/ — ABB, the leading power and automation technology company, is proud to accompany Solar Impulse and its crew on the first round-the-world flight … Read the full press release

ABB registered more patent applications with the European Patent Office than any other Swiss-based company in 2014

In 2014, ABB filed more patent applications in Europe than any other company in Switzerland, for the second consecutive year Zurich, Switzerland, 27-02-2015 — /EuropaWire/ — ABB, the leading power and automation technology group, registered more patent applications with the … Read the full press release

ABB successfully closed the divestment of its Full Service business to Nordic Capital in line with its commitment to continuous portfolio optimization

Transaction successfully completed on December 30, 2014 Zurich, Switzerland, 06-1-2015 — /EuropaWire/ — ABB, the leading power and automation technology group, has successfully closed the divestment of its Full Service business. The transaction was completed on December 30, 2014, for an … Read the full press release

ABB wins $30 million contract from Public Service Electric & Gas to supply gas-insulated switchgear to strengthen transmission infrastructure in New Jersey

Gas-insulated switchgear to strengthen transmission infrastructure in New Jersey Zurich, Switzerland, 17-9-2014 — /EuropaWire/ — ABB, the leading power and automation technology group, has won an order worth over $30 million from Public Service Electric & Gas (PSE&G) to supply … Read the full press release

ABB developed and tested 525kV extruded HVDC cable system to make renewable energy installations more efficient and cost-effective

525 kV voltage sets world record for extruded HVDC cable technology, doubling power flow and extending range to enable greater integration of distant renewables and interconnections Zurich, Switzerland, 21-8-2014 — /EuropaWire/ — ABB, the leading power and automation technology group, has … Read the full press release

ABB launched its latest generation Fiber Optic Current Sensor (FOCS-FS) to complement its portfolio of optical sensors

Enabling digital substations and smart grids Zurich, Switzerland, 21-8-2014 — /EuropaWire/ — ABB, the leading power and automation technology group, today announced the launch of its latest generation Fiber Optic Current Sensor (FOCS-FS) to complement its portfolio of optical sensors. The … Read the full press release

ABB achieved significant breakthrough in switchgear technology with deployment of new insulation gas mixture as substitute for sulfur hexafluoride

New gas mixture offers alternative to SF6 and has potential to reduce carbon footprint of GIS by up to 50 percent – technology to be deployed in a Swiss pilot project. Zurich, Switzerland, 21-8-2014 — /EuropaWire/ — ABB, the leading power … Read the full press release

ABB reported strong order growth, stable revenues and significant increase in cash from operations in Q2 2014

Orders up 13%¹; book-to-bill ratio² of 1.04x Group operational EBITDA³ impacted by loss in Power Systems (PS) Decisive step change actions implemented in PS Cash from operations up by more than $300 million Successful execution of announced portfolio pruning Zurich, … Read the full press release

ABB released third-party verification that its Onboard DC Grid helps vessels reduce their fuel consumption and trim their environmental impact

Industry’s first documented results from Onboard DC Grid vessel confirm considerable fuel and noise reduction Zurich, Switzerland, 16-6-2014 — /EuropaWire/ — ABB, the leading power and automation technology group, today released third-party verification that its Onboard DC Grid helps vessels reduce … Read the full press release

Christoph Sieder named Group Corporate Communications head at ABB

Experienced and acknowledged global communications manager becomes head of Corporate Communications effective July 1, 2014 Zurich, Switzerland, 9-5-2014 — /EuropaWire/ — ABB, the leading power and automation technology group, has appointed Christoph Sieder as head of Group Corporate Communications. Sieder, an … Read the full press release

ABB and Philips partner to simplify integration of connected lighting systems and building device control for commercial buildings

Philips’ lighting systems will connect seamlessly with ABB’s building device controls, reducing the cost of renovation of mid-and small-sized commercial buildings Amsterdam, the Netherlands, 31-3-2014 — /EuropaWire/ — ABB, a leading power and automation technology provider, and Royal Philips (NYSE: PHG, AEX: PHIA), … Read the full press release

ABB signed long-term service agreement (LTSA) with BG Group subsidiary QGC for maintenance of facilities at Queensland Curtis Liquefied Natural Gas

Agreement will help to improve plant productivity and availability at world’s first coal-seam gas project – Queensland Curtis LNG Zurich, Switzerland, 20-11-2013 — /EuropaWire/ — ABB, the leading power and automation technology group, has signed a long-term service agreement (LTSA) with … Read the full press release

ABB’s North Asia head Claudio Facchin appointed Executive Committee Member responsible for Power Systems

Globally experienced ABB systems business leader takes helm of division in December Zurich, Switzerland, 20-11-2013 — /EuropaWire/ — ABB, the leading power and automation technology group, has appointed Claudio Facchin as Executive Committee member responsible for the Power Systems division, effective … Read the full press release

ABB announced the acquisition of Alstom’s ring motor business based in Bilbao, Spain

Acquisition enables ABB to further strengthen gearless mill drive system business Zurich, Switzerland, 05-8-2013 — /EuropaWire/ — ABB, the leading power and automation technology group, announced today the acquisition of Alstom’s ring motor business to enhance its gearless mill drive (GMD) … Read the full press release

EU-funded project finds more wind power and cheaper electricity possible on existing EU grid networks

– 10% more power can be brought online by measuring cable temperature in real time – 2% cut in electricity prices using wind turbines and other power sources as virtual power plants – 28% more wind power can be produced … Read the full press release