The Supervisory Board of GEA Group Aktiengesellschaft extended the contract of Chief Operating Officer (COO) Johannes Giloth (51) by five years until the end of 19. January 2028.
Amarinth has supplied hydraulically and dimensionally interchangeable ISO 5199 centrifugal pumps to Babcock to replace obsolete end-of-life pumps during a refit of HMS Albion.
Despite a challenging environment, GEA succeeded in improving all financial key performance indicators in fiscal year 2021. An 11 percent rise in order intake increased the backlog to a record high of around EUR 2.8 billion.
Hydraulic gear pumps find their fitment in the various construction equipment. In developing economies, such as India, Brazil, China, Argentina, urbanization is taking place at a faster rate, which in turn is expected to boost the growth of the construction industry.
New research from Interact Analysis shows that during 2020 the overall market for geared motors and heavy-duty industrial gears declined by 2.4 percent. Asia Pacific remained the largest market overall and was also the only one to achieve year-on-year (YoY) growth whilst other regions, namely EMEA, Japan, and the Americas experienced a period of contraction.
GEA Group Aktiengesellschaft announces that the current employee representatives on the Supervisory Board were confirmed for the next four years at the election held on November 25, 2021. In addition, the company announces a personnel change on the Supervisory Board.
GEA scores a double ‘A’ for its global climate and water stewardship by environmental non-profit organization CDP, confirming GEA as a global leader in tackling climate change and protecting water resources.
Bison Gear & Engineering Corp. now offers the 055 Series AC Parallel Shaft Gearmotor, the perfect option for applications that require a compact parallel shaft solution at an affordable price point. These applications include industrial machinery, food and beverage equipment, packaging applications, conveyors and the agriculture industry.
GEA accelerated its profitable growth in the third quarter and delivered compellingly strong results. Order intake rose by 27.9 percent in the third quarter of 2021 to EUR 1,349.9 million, marking the fifth quarterly increase in a row.
