Strategy – Page 6778 – I wish I had more to offer

Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation

BERLIN, Aug. 10, 2023 /PRNewswire/ — Heramba GmbH and Heramba Holdings Inc. (“Heramba”) today announced that it has entered into a definitive agreement with subsidiaries of Knorr-Bremse Aktiengesellschaft to acquire Kiepe Electric, a company focused on decarbonization of commercial and public transportation. Kiepe Electric is a global leader in the electrification of road and rail urban… Continue reading Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation

Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion

NEW YORK, Aug. 9, 2023 /PRNewswire/ — The maritime industry has drastically surged its automation efforts in the wake of global seaport congestion. In addition to solutions such as gantries, automated port gates, and stacking cranes, autonomous horizontal transport modes such as Automated Guided Vehicles (AGVs) that transport containers and loads to and from ships… Continue reading Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion

SM Investments net income grows 32% to PHP36.5bn in H1 on strong consumer confidence

PASAY CITY, Philippines, Aug. 9, 2023 /PRNewswire/ — SM Investments Corporation (SM Investments) reported a consolidated net income of PHP36.5 billion in the first six months, up 32% from PHP27.7 billion in the same period last year. Consolidated revenues rose 18% to PHP286.3 billion in the January to June period from PHP242.6 billion in the same… Continue reading SM Investments net income grows 32% to PHP36.5bn in H1 on strong consumer confidence

Greaves Cotton standalone EBITDA for Q1, FY24 at INR 45 cr

The B2C businesses contributed 49% to the overall revenues in this quarter, reflecting the success of the diversification strategy. Despite facing headwinds and regulatory challenges, the company continued to find solutions for sustained growth. New Delhi: Greaves Cotton Limited, one of India’s leading diversified engineering companies, has reported standalone revenue of INR 396 crore for… Continue reading Greaves Cotton standalone EBITDA for Q1, FY24 at INR 45 cr

NETA AUTO COMING TO ESTABLISH AND SUSTAIN IN INDONESIA

HELLO INDONESIA, THIS IS NETA JAKARTA, Indonesia, Aug. 10, 2023 /PRNewswire/ — Since one year after being introduced overseas, this year, NETA, is established and officially introduced in Indonesia through the Gaikindo Indonesia International Auto Show (GIIAS) 2023 exhibition. As an automotive brand that was first introduced to China mass market back in June 2018 and… Continue reading NETA AUTO COMING TO ESTABLISH AND SUSTAIN IN INDONESIA

Saudi Arabia’s New Airline Signs its First Sports Sponsorship Deal with Leading Spanish Football Club

– Riyadh Air, Saudi Arabia’s world-class, digitally-led airline and leading Spanish and European football club Atlético de Madrid announce historic partnership – The multiyear agreement will see Riyadh Air as main sponsor and official airline partner – The airline continues to reveal major milestones ahead of its first flight in 2025 MADRID, Aug. 10, 2023… Continue reading Saudi Arabia’s New Airline Signs its First Sports Sponsorship Deal with Leading Spanish Football Club

Siemens, Hitachi, Wabtec, and More Lead the Rail Asset Management Market, Poised to Reach $14.11 Billion by 2027

DUBLIN, Aug. 10, 2023 /PRNewswire/ — The “Rail Asset Management Global Market Report 2023” report has been added to ResearchAndMarkets.com’s offering. The global rail asset management market grew from $10.51 billion in 2022 to $11.17 billion in 2023, at a compound annual growth rate (CAGR) of 6.2%. The market is expected to grow to $14.11 billion… Continue reading Siemens, Hitachi, Wabtec, and More Lead the Rail Asset Management Market, Poised to Reach $14.11 Billion by 2027