GE Healthcare invests to start R&D development in Hungary
The company is investing HUF 3.3 billion (EUR 9.24 million) to expand their healthcare development centres in Szeged and Budapest.
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Rapid automobile market recovery leads to semiconductor bottleneck
Volkswagen Group says shortage of semiconductor products leads to production restrictions in China, North America and Europe. Group models based on the MQB platform are affected.
CalcuQuote grows global team with two new European team members
Quoting and supply chain software provider for the EMS industry, CalcuQuote, has strengthened its global presence with the addition of two new European team members.
Yaskawa's new European HQ is being built in Hattersheim
The supplier of robotics, drives, motion and control technology, is investing around EUR 23 million in an office building and parking garage at the new location. The inauguration is planned for the end of 2022.
Change of management at MASER Engineering
Hans Kemper and Kees Revenberg, Managing Directors of the Dutch engineering service company, are handing over the baton to Thijs Kempers and Rudy Sesink, who will take over the leadership of the company.
“Engineers develop solutions to fix problems”
Members of the element14 community work together to provide free masks and shields for first responders, create germ fighting electronics designs and provide open source instructions for building ventilators.
Another investment related to battery production in Hungary
Iljin Materials, a South Korean manufacturer of elecfoil, will establish its first European production unit in Hungary, where copper thin foil will be produced for batteries of electric cars.
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The development trend of printed circuit board products and Kinwong's solution
With the rapid development of electronic technology in recent years, printed circuit board (PCB) products are pursuing higher heat dissipation capabilities, with high voltage and high current characteristics, and are developing towards high-density interconnection technology (HDI).
ZEISS acquires majority stake in arivis AG
ZEISS is expanding its imaging technology capabilities with 3D and big image data software by acquiring a majority stake in the imaging business of arivis.
R&M opens production plant in China
At the new plant, the company will manufacture FO and copper solutions for China’s data centers. R&M is a full-range supplier for network equipment.
HyperloopTT accelerates with 100 Engineers from Altran
Altran mobilises its Toulouse-based Technology Engineering Center to support Hyperloop Transportation Technologies strengthening the company’s technical presence.
3M announces restructuring – 2’900 positions impacted globally
The company says that it aims to advance its operating model, improve its cost structure and accelerate innovation. To do this the company will initiate restructuring actions that will impact all business groups, functions and geographies.
Swedish supply chain analytics company completes financing round
Supply chain data analytics software provider Lexi Solution AB has completed a SEK 3.3 million (EUR 320’000) financing round. The round was heavily oversubscribed, with strong participation from existing Lexi shareholders as well as several new investors.
Valmet Automotive expands battery testing for EV’s
The company is putting its new battery testing centre in Weihenbronn, Germany into operation. With the new centre the company significantly expands testing capacities and new employees will be recruited.
MAHLE opens new test bench for electric drives
The German company says it has commissioned a test bench for electric drives in Stuttgart. This equipment will be used to develop and test e-axles and e-drive units for a wide range of electric and hybrid vehicles.
New jobs created as auto supplier opens North American HQ in Georgia
Turkish developer and manufacturer of fluid systems for heating & cooling, TEKLAS, is planing to invest USD 6.5 million to open its first North American facility and headquarters in Calhoun, Georgia, delivering 120 jobs to city.
FREYR signs initial agreement with MAERSK
The Norwegian battery company has signed a Memorandum of Understanding (MoU) with MAERSK Norge AS regarding the optimisation of FREYR’s global logistics and supply chain.
BASF breaks ground on new cathode active materials production plant
The construction of the new plant in Schwarzheide, Germany has officially started, and the company expect to kickstart production in 2022.
Electro Rent team up with NI in global rental collaboration
Electro Rent and NI have entered into new partnership to rent NI automated test and measurement solutions to customers through Electro Rent’s network, starting in North America with a global expansion to follow in 2021.
Panasonic and two partners to explore potential for European battery business
Panasonic is teaming up with energy company Equinor and industrial group Hydro forming a strategic partnership to explore possibilities for establishing a sustainable and cost-competitive European battery business.
New European sales manager at Electrolube
The manufacturer of specialist chemicals has appointed Carolyn McAllister as European Sales Manager
Finnish telecom company takes majority stake in CalcuQuote
Finnish telecommunications company, Elisa Oyj, has made a strategic investment to hold a majority stake in US-based supply chain software provider CalcuQuote.
PowerCell receives order from Bosch
Swedish company Powercell has received an order for PowerCell S3 fuel cell stacks from Bosch at a total value of approximately SEK 9.7 million (EUR 901,000).
SK Innovation to invest more in its Polish production
SK IE Technology, a material business subsidiary of SK Innovation, says it will make additional investments in its separator plant – currently under construction – in Poland, to accelerate its efforts to tap into the global market.
Doosan to more than double production of copper thin foil in Hungary
The company broke ground on its first facility in the country just last year and has now decided to build a second European plant – also in Hungary.
Valmet Automotive to urgently recruit 400 workers
Valmet Automotive says it needs to urgently recruit 400 car builders for its Uusikaupunki car plant in Finland, as car sales are growing rapidly.
Axon’ Cable speeds up with a larger factory
Following on the heels of a brand new factory inaugurated in Bangalore, India in 2019, Axon’ Cable SAS, the headquarters of the Axon’ Group in Montmirail, France, has just overseen the construction of a 4’000 square metre new facility.
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