Atlas Copco’s SVP Controlling and Finance and CFO Hans Ola Meyer to retire in 2021

The Wilo Group is calling for water resilience measures to be implemented more rapidly. Together with numerous other global market leaders, the water technology group has signed the “Business Leaders’ Open Call to Accelerate Action on Water”. The public appeal was initiated by the Water Resilience Coalition of the CEO Water Mandate, an initiative founded by the UN Secretary-General and the UN Global Compact.

Water is a vital, indispensable resource—for us humans, of course, but also for the economy. The management and protection of water resources, ecosystems, and drinking water is one of the cornerstones of environmental protection and is becoming increasingly important. The market for water treatment solutions is therefore growing rapidly, but at the same time is extremely fragmented, as there are so many different suppliers.

The Endress+Hauser Group has opened a new development and production center for temperature measurement and system products at its Nesselwang site in southern Germany’s Allgäu region. The new addition further solidifies the family-owned company’s commitment to the region and expands its global network.

Electric motors are everywhere, found in industrial equipment, fans, pumps, compressors, heating and air conditioning systems, and many more. And yet, much of the energy in typical motors is dissipated as heat, friction, and design inefficiency. Energy efficient motors aim to make a difference: they convert more of the electrical energy into useful mechanical power, reducing energy consumption, slashing operating expenses, and shrinking environmental footprints.

The Wilo Group has once again won the German Sustainability Award (DNP). The jury selected the multinational water technology group as the winner for the ‘Hydraulics, Pumps and Compressors’ industry, recognising, among other things, Wilo’s holistic focus on sustainable innovation.

ABB announced that it has appointed Christian Nilsson as CFO and member of the Executive Committee effective February 1, 2026. He will succeed Timo Ihamuotila, who has decided to step down from the Executive Committee at the same time and leave ABB at the end of 2026 ensuring a smooth transition.