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Kongsberg Maritime to acquire Berg Propulsion 

Kongsberg Maritime ASA announced an agreement to acquire the Swedish company Berg Propulsion AB. The company is a leading designer and manufacturer of integrated propulsion and electrical systems for the marine market (image: courtesy of Berg Propulsion)

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Deutz appoints Timo Krutoff as CFO and Labor Director

Deutz has appointed Timo Krutoff as its new Chief Financial Officer (CFO) and Labor Director. Krutoff will join the Cologne-based engine manufacturer on December 1, 2022 as the member of the Board of Management with responsibility for finance, human resources, and information services.
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Ten years of the MAN Engine Academy

At the MAN Engine Academy in MAN Truck & Bus’s International Engine Competence Centre in Nuremberg, MAN Engines have been training end customers and service companies in how to handle MAN engines properly for ten years. Just in time for this year’s anniversary, online training is now also being offe...
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SAIM Group acquires Atlantis Marine Power

The UK-based Kohler distributor Atlantis Marine Power has been purchased by Italian recreational and commercial marine distributor SAIM Group. The Italian component specialist strengthens its presence on international markets and give more opportunities to the distribution in the UK

Ballard plans to invest in manufacturing and R&D site in Shanghai

Such an investment is part of a strategy, called 'local for local', according to which the Canadian fuel cell specialist aims to deepen its global manufacturing footprint in Europe, the United States and China to support global market demand growth through 2030.
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Bosch Rexroth nominated for Bauma Innovation Award

With its innovative haptic collision avoidance system, Bosch Rexroth has been nominated for the Bauma Innovation Award 2022. On the basis of precise surround sensing using ultrasound, the assistance function warns operators of excavators, wheeled loaders and other construction machinery about immin...

Torqeedo: changes to management

Torqeedo, the market leader for marine electric drives, has appointed Fabian Bez as the company’s new Chief Executive Officer (CEO). Bez assumed day-to-day leadership of the company effective 1 October 2022. Bez will be joined by Heiko Vietmeier, who will serve as Torqeedo’s Chief Financial Officer ...
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