Michel Demaré to Step Down As CFO of ABB

Siemens converters Sinamics G220, S200, and V20, as well as the Simotics S-1FK2 motor, now come with an Environmental Product Declaration. This declaration is based on a comprehensive life cycle assessment according to ISO 14021.

Endress+Hauser, a global supplier of measuring instruments, services and solutions for industrial process engineering, is proud to announce its partnership with the Single Pair Ethernet System Alliance.

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.

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.

ABB announced that the Board of Directors will propose Johan Forssell and Mats Rahmström as new members for election at the company’s Annual General Meeting (AGM) on March 21, 2024.

According to a new report published by Allied Market Research, the submersible pumps market size was valued at $12.7 billion in 2022, and is estimated to reach $24.4 billion by 2032, growing at a CAGR of 6.9% from 2023 to 2032.