Acquisition positions FDH Aero as a leading electronics products distributor, with newly added electrical and electronic component capabilities. COMMERCE, Calif., April 27, 2023 /PRNewswire/ — FDH Aero (“FDH”), a global provider of supply chain solutions for the aerospace and defense industry, has acquired BJG Electronics Group (“BJG”), a leading provider of interconnect and electromechanical products for… Continue reading FDH Aero Acquires BJG Electronics Group
Tag: Strategy
Roxtec and Consilium Safety Group announce strategic partnership to enhance marine safety
KARLSKRONA, Sweden, April 27, 2023 /PRNewswire/ — Roxtec, the global leader in modular-based sealing solutions for cable and pipe transits, and Consilium Safety Group, a world-leading provider of fire and gas safety technologies, have announced a strategic partnership to strengthen their marine safety services. “We are two companies with a strong focus on safety, both offering… Continue reading Roxtec and Consilium Safety Group announce strategic partnership to enhance marine safety
Burda Principal Investments considering legal action against Ankiti Bose: reportTemasek Holdings has also backed legal action against Bose, the Financ…
Burda Principal Investments is considering legal action against Ankiti Bose, the former CEO of Zilingo, the Financial Express reported on Thursday. The media report cited a statement by Burda Principal Investments that “significant irregularities in reporting to investors” were to be blamed for Zilingo’s downfall. It added that Burda is the “second investor” to have… Continue reading Burda Principal Investments considering legal action against Ankiti Bose: reportTemasek Holdings has also backed legal action against Bose, the Financ…
Indonesian e-commerce firm Blibli cuts losses by 18% in Q1 2023
Indonesia-listed PT Global Digital Niaga Tbk, an entity that includes e-commerce player Blibli, online travel agency Tiket.com, and supermarket chain Ranch Market, reported lower losses in the first three months of 2023 amid higher revenues and an improved cost structure, according to the company’s statement late on Friday. “We started the year 2023 with optimism… Continue reading Indonesian e-commerce firm Blibli cuts losses by 18% in Q1 2023
Indonesia’s Bukalapak returns to red in Q1, continues efficiency efforts
Indonesia-listed e-commerce player Bukalapak recorded 1 trillion rupiah ($68.2 million) in losses in the first three months of 2023, according to a statement late on Friday, a stark contrast from the 14.55 trillion rupiah profits in the same period a year earlier. The profit made in Jan-March last year, however, was attributed to the substantial… Continue reading Indonesia’s Bukalapak returns to red in Q1, continues efficiency efforts
Q1 2023 Lear Corp Earnings Call
Participants Ed Lowenfeld; VP of IR; Lear Corporation Jason M. Cardew; Senior VP & CFO; Lear Corporation Raymond E. Scott; President, CEO & Director; Lear Corporation Colin M. Langan; Senior Equity Analyst; Wells Fargo Securities, LLC, Research Division Dan Meir Levy; Research Analyst; Barclays Bank PLC, Research Division Emmanuel Rosner; Director & Research Analyst; Deutsche… Continue reading Q1 2023 Lear Corp Earnings Call
Hyundai Mobis CEO Sung-hwan Cho introduced mobility platform provider strategy at the 44th Vienna International Motor Symposium
Dr. Cho elaborated on the “mobility platform provider” strategy at the 44th Vienna International Motor Symposium. He presented the business expansion strategy being applied on new growth areas, such as UAM, robotics, and PBVs. Dr. Cho said, “Advancement of the mobility technology will improve the quality of life and values of people.” VIENNA and SEOUL,… Continue reading Hyundai Mobis CEO Sung-hwan Cho introduced mobility platform provider strategy at the 44th Vienna International Motor Symposium
BorgWarner Partners with the School District of the City of Pontiac to Offer Industry-First Charging System for Buses
Infrastructure development utilizes Environmental Protection Agency (EPA) Clean School Bus Program funding Marks the first EPA-funded school bus program to use BorgWarner’s proprietary sequential charging, which can support up to five dispensers per direct current fast charger (DCFC) Enables vehicle-to-grid (V2G) readiness, providing a means to better optimize energy usage AUBURN HILLS, Mich., April 28,… Continue reading BorgWarner Partners with the School District of the City of Pontiac to Offer Industry-First Charging System for Buses
Simpleview and CityDNA Launch the VivaCITY Challenge at CityDNA International Conference, Sofia, Bulgaria
LIVERPOOL, England, April 26, 2023 /PRNewswire/ — At the CityDNA International Conference and General Assembly in Sofia, Bulgaria last week, CityDNA and Simpleview announced the launch of the VivaCITY Challenge. Continue Reading Simpleview logo VivaCITY is a project to transform and coach a DMO into a DMO that is futureproof and create a transforming strategy… Continue reading Simpleview and CityDNA Launch the VivaCITY Challenge at CityDNA International Conference, Sofia, Bulgaria
IFCO’s high-tech service center sets benchmarks in sustainability and automation
MUNICH, April 26, 2023 /PRNewswire/ — IFCO, the world’s leading provider of Reusable Packaging Containers (RPCs) is strengthening its sustainability credentials and expanding its pooling capacities with the opening of the company’s state-of-the-art service center in Dannstadt, Germany. Strategically located in a central transportation hub for Europe, the best-in-class service center sets impressive standards in terms… Continue reading IFCO’s high-tech service center sets benchmarks in sustainability and automation