Europe
Ad hoc: GEA Group AG has recognized non-cash impairments in
27 Jan 2020 Within the framework of its annual planning process, GEA Group Aktiengesellschaft has recognized a non-cash impairment in the amount of approximately EUR 248 million in the fourth quarter of 2019. This impairment has solely resulted from the impairment test of the goodwill of GEA’s Italian subsidiary Pavan S.p.A. acquired in November 2017. In fiscal years 2018 and 2019,...
New Year’s Resolutions from Global Association Leaders--AREA
It’s an absolute privilege, as AREA president, to send you and your families my best wishes for a 2020 that offers great and fascinating challenges. In 2019, we were extremely enthusiastic ab...
New Year’s Resolutions from Global Association Leaders--APIC
In 2019, the international specialized exhibition Climate World, one of the most prominent industry events that APIC organizes in collaboration with Euroexpo, was held for the 15th time. Over the cour...
New Year’s Resolutions from Global Association Leaders--AFEC
During 2020, AFEC will continue representing the HVAC industry through its participation in forums and meetings to convey the views of manufacturers and will also promote the standardization. Furth...
EPEE Welcomes Sustainable Europe Investment Plan
On January 14, the European Commission (EC) released a communication on the Sustainable Europe Investment Plan (SEIP) of the European Green Deal. The European Partnership for Energy and the Environment (EPEE), that federates Europe’s cooling industry, welcomes the initiative and supports efforts to mobilize public and private investment to achieve the ambitious measures set out in the Europe...
Demand for energy-efficient solutions drives SWEP expansion
January 24, 2020 Landskrona, Sweden, January 2020 – Out of five SWEP production sites globally, two are in EMEA – the company’s largest market. One in Landskrona, Sweden, where the ...
ebm-papst: Highly Dynamic Drive Systems for Intralogistics
23 January 2020 In Hall 7, Booth A31 at the LogiMAT trade show, the international specialized trade show for intralogistics solutions and process management, ebm-papst will present intelligent drive ...
New sensor for measuring bearing temperatures in wind turbin
January 24, 2020 The new Danfoss MBT 3310 bearing sensor is specially designed for measuring the temperature in the bearings on wind turbines. Aimed at applications where reliability, longevity, and ...
Alfa Laval joins the ‘Getting to Zero Coalition’ to accelera
24 January 2020 Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has joined the ‘Getting to Zero Coalition’, an initiative from the Gl...
Brexit is not yet done: logistics industry needs answers
23 January 2020 In response to the news today (23 January 2020) that the Withdrawal Agreement has received royal assent, Elizabeth de Jong, Director of Policy at FTA comments: “While F...
Launch of Daikin research project “NATURAL HVACR 4 LIFE”
On 20th January 2020, Daikin officially launched the Natural HVACR 4 LIFE research project. Co-funded by the European Union’s LIFE programme, the project is coordinated by Daikin Europe N....
Belimo Delivers Excellent Sales Performance in 2019
23 Jan 2020 The Belimo Group has closed another very successful year. In Swiss francs, net sales in 2019 rose by 7.8 percent to CHF 692.7 million. In currency-adjusted terms, this equals a 9.2 percen...
