GOTHENBURG, Sweden, May 17, 2023 /PRNewswire/ — SKF and Wolong Group, the Chinese global manufacturer of motor and drive solutions, have signed a memorandum of understanding to explore the possibilities of entering a strategic cooperation focused on the promotion and application of magnetic bearing technology. By bringing more competitive electric drive products within high-speed drive control… Continue reading SKF and Wolong cooperate to increase competitiveness in electric drive products
Tag: Strategy
Bayanat, Yahsat and ICEYE announce an ambitious program to broaden commercial opportunities across the UAE space-ecosystem
The program forms part of the two companies’ partnership with ICEYE, a renowned SAR satellite manufacturer based in Finland. The expansion of Bayanat’s capabilities into the space sector positions the company to drive its growth strategy and become a prominent player in the industry. SAR is an active sensing system that illuminates the Earth’s surface… Continue reading Bayanat, Yahsat and ICEYE announce an ambitious program to broaden commercial opportunities across the UAE space-ecosystem
@VW Group: Porsche posts strong start in anniversary year007234
03/05/2023 Porsche AG has posted a highly successful start to its first year after going public. In the first three months, both Group sales revenue and Group operating profit rose by more than a quarter. Sales revenue rose by 25.5 per cent over the same period last year to 10.10 billion euros (previous year: 8.04… Continue reading @VW Group: Porsche posts strong start in anniversary year007234
@VW Group: The Principle—no Job half-done007232
Just establishing values is not enough. You have to live them. That is often easier in family businesses with a rich tradition. They are the businesses whose formulas often sound amazingly simple, feel timeless and become “classics.” Just like Dutch building company Ten Brinke, established in 1902 as a local construction business: “My father taught… Continue reading @VW Group: The Principle—no Job half-done007232
@VW Group: FIA WEC: Porsche Penske Motorsport with best-placed LMDh prototype at Spa007230
The race The second racing car fielded by the works team had to retire shortly before the first driver change due to an electrical fault. The Hertz Team Jota squad brought the first customer-run Porsche 963 over the finish line in sixth place. In the GTE-Am class, Proton Competition came fourth with the Porsche 911… Continue reading @VW Group: FIA WEC: Porsche Penske Motorsport with best-placed LMDh prototype at Spa007230
LG CreateBoard Enhances the Classroom Experience
May 17, 2023 LG CreateBoard Enhances the Classroom Experience Open share list Share this content. Designed for Digitalized Educational Environments, LG’s Interactive Display SolutionsOffer Customized Features That Make Learning Engaging and Management Simple SEOUL, May 17, 2023 — LG Electronics (LG) has announced the launch of the LG CreateBoard series of digital whiteboard solutions… Continue reading LG CreateBoard Enhances the Classroom Experience
Zoomlion Empowers Product and Market Development with Glocalization Strategy
CHANGSHA, China, May 15, 2023 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”) shared the milestone achievements of their Glocalization strategy and future roadmap with its global partners and customers at its technological achievements exhibition themed “Technology Salute to the New Era” from May 11 to 14. Continue Reading About 500 Zoomlion’s international… Continue reading Zoomlion Empowers Product and Market Development with Glocalization Strategy
Yanolja Cloud Acquires Leading B2B Travel Solution Provider, Go Global Travel, Enhancing its Global Presence and Technology Solution Offerings
Brings Yanolja Cloud extensive travel inventory of over 1 million products from 200 countries Reinforces Yanolja Cloud’s commitment to leading global digital transformation and enhancing the travel experience SEOUL, South Korea, May 15, 2023 /PRNewswire/ — Yanolja Cloud, a leading global provider of AI-based SaaS solutions for the hospitality and leisure industries, has announced the acquisition… Continue reading Yanolja Cloud Acquires Leading B2B Travel Solution Provider, Go Global Travel, Enhancing its Global Presence and Technology Solution Offerings
Abu Dhabi Terminals celebrates milestone achievements – recording 10 million man hours without LTI and handling 20 million TEU since inception
ABU DHABI, UAE, May 15, 2023 /PRNewswire/ — Abu Dhabi Terminals (ADT) has announced that it has set a record by exceeding 10 million man-hours without Lost Time Injury (LTI) and by handling 20 million twenty-foot equivalent units (TEU) containers. These achievements represent major milestones for ADT since inception. Recording more than 10 million man-hours… Continue reading Abu Dhabi Terminals celebrates milestone achievements – recording 10 million man hours without LTI and handling 20 million TEU since inception
Apax Funds make approximately $450m investment in travel tech company IBS Software
DUBAI, UAE, May 15, 2023 /PRNewswire/ — Funds advised by Apax Partners LLP (“Apax”) announced today that they have reached a definitive agreement to invest approximately $450m to acquire a significant minority stake in IBS Software, a leading provider of modern Software-as-a-Service (SaaS) solutions to the global travel and logistics industry, from Blackstone. Following the transaction,… Continue reading Apax Funds make approximately $450m investment in travel tech company IBS Software