ABB announced that Tarak Mehta, President Motion Business Area and Member of the Executive Committee, has decided to leave ABB since he has accepted the role as CEO of another company. Tarak will leave ABB at the end of July this year. Tarak joined ABB in 1998 and has since then held a number of […]
After more than 30 years, Hanns-Henrik Vogel and Jens-Uwe Vogel, founders of the software company VSX – VOGEL SOFTWARE GmbH, hand over the management of the company to Matthias Siegel, who will take over as Managing Director on April 1, 2024. The new owner Everfield also welcomes this decision and is actively involved in supporting […]
ProMinent GmbH will focus on waste water and potable water treatment at IFAT. The company will spotlight what is known as the fourth cleaning stage and sludge dewatering, thereby emphasising its continued commitment to developing efficient and sustainable waste water treatment solutions. The fourth cleaning stage improves waste water purification in municipal sewage plants and […]
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 […]
Xylem Inc. (NYSE: XYL), a global water technology company dedicated to solving the world’s most challenging water issues, today reported fourth-quarter and full-year 2023 results. The Company’s total revenue of $2.1 billion surpassed prior guidance, on continued strong execution and demand. Fourth-quarter earnings exceeded Xylem’s previous guidance. The team delivered an outstanding fourth quarter, fueling […]
Pentair plc today announced fourth quarter 2023 sales of $985 million. Sales were down 2 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales declined 2 percent in the fourth quarter. Fourth quarter 2023 earnings per diluted share from continuing operations (EPS) were $1.25 compared to […]
In December 2023, WILO SE successfully secured the largest financing package in its over 150-year company history. A promissory note loan (Schuldscheindarlehen) totalling 270 million euros was placed in the international capital market and a syndicated loan totalling 300 million euros was refinanced among the core banks. WILO SE was thus able to mobilise a […]
Dewatering and sewage pumps are the world of manufacturer Tsurumi, which is celebrating its centenary in 2024. Over 500 models up to 30 m³/min or 216 m delivery head are listed in the catalogue for Europe alone. Worldwide, the manufacturer even offers over 1800 models with motor outputs of up to 300 kW for all […]
Endress+Hauser has completed the announced change at the top of the Group: Dr Peter Selders has taken over as CEO of the Swiss specialist for measurement technology and automation solutions. The 54-year-old holds a doctorate in physics, has been with the company since 2004 and was previously managing director of the competence center for level […]
Dr Klaus Endress, CEO of the Endress+Hauser Group for many years and president of the Supervisory Board since 2014, is celebrating his 75th birthday. As previously announced, he will end his active involvement in the family-owned business at the end of the year. However, he will remain closely associated with the Group as a shareholder […]
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.
