(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 India is celebrating 75 years of operations, having played a significant role in India’s industrial and technological development since its inception in 1949. The company has contributed to electrification, automation, and digitalization across sectors such as utilities, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged 75 years, ABB India, AI-enabled gas distribution, ASEA, automation, battery storage, Brown Boveri, carbon footprint, CEO, data centers, digital mining solutions, digitalization, eco-efficient switchgear, electrification, energy-efficient motors, energy-efficient technologies, Faridabad, GREEN HYDROGEN, greenhouse gas emissions, high-speed rail technology, Indian Railways, industrial development, infrastructure, Managing Director, Morten Wierod, Nashik, partnership, R&D center, Rainwater harvesting, renewable energy, Sanjeev Sharma, solar power, sustainabiity, sustainable solutions, technological innovation, traction technology, transportation, utilities, Vadodara campus, waste recycling, water-positive, workforce expansion, zero waste to landfill
(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, 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
Posted in Business, Industrial, Management, News, Switzerland, Technology
Tagged ABB, appointment, Björn Rosengren, CEO, leadership, Morten Wierod, Peter Voser
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