With sales of CHF 465 million, the Kistler Group recorded growth of 7.1 percent in 2023, or 14.2 percent adjusted for currency effects. At CHF 429 million, incoming orders remained below expectations and 14.8 percent below the previous year’s result. Despite difficult market conditions, Kistler is investing in innovation and the development of new markets. […]
ABB recently published its Integrated Report, which is the company’s primary report at Group level. The report integrates the most important material information about the company’s strategy, business, governance as well as its financial and sustainability performance. In addition to the Integrated Report, ABB’s 2023 Annual Reporting Suite published today includes its Financial Report, Corporate […]
Xylem Inc., a global water technology company dedicated to solving the world’s most challenging water issues, today announced the appointment of Radhika Fox as Senior Advisor to the Company. Radhika is one of the world’s most insightful and effective champions of water – a universally respected voice for solutions to society’s biggest water challenges, said […]
More than 2 billion people lack access to safe drinking water, and nearly half of the global population does not have safe sanitation. The UN’s Sustainable Development Goal 6 – ensuring clean water and sanitation (WASH) for all – aims to close this gap. In 2023, volunteers from Xylem, its partners and customers supported 1,000 […]
Sulzer reports strong results for 2023 with a sales increase of 13.2% compared to the previous year and a marked increase in operational profitability. Order Intake in 2023 increased by 13.9% with all three divisions contributing to this performance. Operational profit (EBITA) increased by 25.3% thanks to solid sales growth and effective cost management. Given […]
The ABB Board of Directors has appointed Morten Wierod as Chief Executive Officer. He will take office on August 1, 2024, and succeed Björn Rosengren, who will step down from his position as Chief Executive Officer effective July 31, 2024, and retire as of December 31, 2024. From August 1, 2024, until the end of […]
Endress+Hauser has developed strongly in its 70th anniversary year. The specialist for measurement technology and automation solutions increased its consolidated sales by 11 percent to more than 3.7 billion euros in 2023. The Swiss family-owned company created 715 new jobs worldwide. At the end of the year, the Group had 16,532 employees. Endress+Hauser also expects […]
On the anniversary of the devastating earthquake in Turkey and Syria, the ceremonial opening of two container schools took place in the Turkish province of Hatay. The Busch family, owners of Busch Vacuum Solutions, supported the project with a donation of 100,000 Euro. The two schools were built in the municipalities of Serinyol and Maşuklu […]
Atlas Copco Group has appointed Philippe Ernens President of the Compressor Technique business area and member of Group Management, effective May 1st, 2024. Philippe Ernens is currently President for the Oil-free Air division within Compressor Technique. Philippe has broad experience, excellent technical competence and is an appreciated leader, said Mats Rahmström, President & CEO of […]
Valmet’s Board of Directors has appointed Thomas Hinnerskov President and CEO of Valmet and he will start in the position during the second half of the year and at the end of September 2024 at the latest. Thomas Hinnerskov succeeds Pasi Laine, who will continue as the President and CEO of Valmet until his successor […]
The pump industry is an enormous industry and plays a critical role in almost every facet of our lives. Water supply, fire protection, oil & gas, power plants, waste water treatment, sump pumps at homes, processing chemicals, foods & pharmaceuticals, and many more.
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