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Vincenzo Salmeri appointed President of Current/OS

Vincenzo Salmeri, an international senior executive with nearly 30 years of experience within Schneider Electric, has been appointed as the new President of Current/OS, the independent global nonprofit foundation bringing together manufacturers, technology leaders and electrical experts to enable th...

Vanzetti Engineering’s ESK-IMO put to the test

Vanzetti Engineering presented the ESK-IMO for the marine and industrial market at an international event dedicated to LNG market trends, culminating in a demonstration at the company's headquarters

Volkswagen Group to Sell Everllence

Under the exclusive arrangement entered into with Bain Capital, the Volkswagen Group is to sell 51 percent of its shares in Everllence, and plans to remain a major shareholder with a 49 percent stake in the medium term

Highlights

Carraro, legacy and culture of a global group – Ep.1

From the headquarters in Campodarsego, where axles and transmissions are produced, to Rovigo, where specialized tractors are assembled. All the way to the other plants around the world. A journey of a group that has become global. Here is the video.

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ZF: 2022 financial results

ZF achieves sales of €43.8 billion in 2022 (2021: €38.3 billion), adjusted EBIT is €2.0 (2021: €1.9) billion, adjusted EBIT margin at 4.7 (2021: 5.0) percent. Order volume for electrified drives amounts to more than €30 billion.
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Test Industry: the role of tribology in sustainability

During the IFPE in Las Vegas, Test Industry America’s Ceo Chris Jorge held a press conference with Lizhi Shang, Professor at the Purdue University, regarding sustainability in hydraulics and the role of tribology in test chamber for fluid power applications.
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Yanmar America receives Global Customer Service Awards

Three members of Yanmar America’s customer service team have been awarded for their outstanding results at the Yanmar Global Customer Service Awards at the Portopia Hotel in Kobe, Japan, on March 10. Emily Kinney, Brad Krueger, and David Long were recognized for their exceptional contributions to th...
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Deutz: 2022 results

Last year, Deutz maintained its course and achieved its targets in a challenging geopolitical and macroeconomic environment. The drive manufacturer’s unit sales rose by 16.6 percent, while revenue climbed by 20.8 percent to €1.95 billion. Profitability also improved significantly, with EBIT before e...
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Electric vans, Arrival to get $300 mln funding

According to Reuters, the capital raised "will not provide for investments in production of its van in its Charlotte, North Carolina facility". Fundraising efforts to support the U.S. production plan might be promoted afterwards.
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Doosan Bobcat and the global brand strategy

Doosan Portable Power (DPP), an industry-leading global manufacturer of air compressors, mobile generators and light towers; and Doosan Industrial Vehicle (DIV), a supplier of quality material handling equipment, including forklifts, will rebrand their product offerings under the Bobcat brand
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ICIS launches German LNG pricing intelligence

ICIS, a global source of Independent Commodity Intelligence Services, announces a new pricing service for German LNG, providing detailed insight for customers from one of the world’s fast-growing markets. ICIS is the first source of energy intelligence to provide dedicated pricing for the German LNG...

Rolls-Royce 2022 results

Rolls-Royce Power Systems 2022 results: underlying revenue 22% higher at £ 3.3 billion (€ 3.9 billion), underlying profit grew to £ 281 million (€ 332 million)
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