Constantia Flexibles Group, one of the world’s leading manufacturers of flexible packaging products and labels, surpassed annual sales of two billion euros in 2016 , the first time in its history. The company also achieved record ...
Tags: Constantia Flexibles, packaging
Inflation across the 19-country euro area hit a four-year high of 2.0 percent in February thanks to soaring prices of energy, said Eurostat, the statistical agency of the European Union (EU) on Thursday. The latest inflation figure is ...
Tags: Eurozone Inflation, inflation
Daimler is planning to open a new facility in Russia for the production of Mercedes-Benz cars. At Esipovo Industrial Park, about 40 kilometers northwest of Moscow, a flexible production of SUVs and the E-Class Sedan will be established. ...
Tags: Daimler Plans, Passenger Car
Tecno, the historic brand founded in the 1950s by the Borsani brothers and led by Giuliano Mosconi since 2010, acquires a majority stake in Zanotta, one of Italian design’s most well-loved and important companies since the 1950s. ...
Tags: Tecno, office furniture
China's overseas direct investment is estimated to soar 40 percent to a record $189 billion in 2016 from the previous year, according to a study released by the US consultancy Rhodium Group and Berlin-based Mercatur Institute for China ...
Keeping up a sound and steady pace of development, the Chinese sports industry was booming in 2016 as investors tried to cover a wider range of business, while finding new engines to drive growth. Policy-oriented industry China's State ...
Tags: Sports Industry, outdoor sports
German based food technology company GEA has bagged a contract valued in mid double-digit millions of euros to establish a nutritional powders plant in New Zealand for Mataura Valley Milk. The plant, which will come up at McNab, near Gore ...
Tags: Nutritional Powders Plant, GEA
Americk Packaging, the UK and Ireland’s market leader in the production of flexographic reel-fed labels, have returned from a successful trade fair in Nuremberg, Germany. BrauBeviale, the capital goods exhibition for the process ...
Tags: Americk Packaging, Packaging
The Goodyear Tire & Rubber Company has launched a new pan-European business called Goodyear Proactive Solutions. It offers a suite of demonstrated Vehicle-To-Fleet operations management solutions featuring advanced telematics and ...
Bosch is planning to invest nearly EUR400m in the US over the course of the current year, about one-fifth more than in 2015. Bosch’s headcount is also expected to rise, from 17,800 associates at present to more than 18,800 by early ...
Toyota has started the production of C-HR crossover at its manufacturing plant in Sakarya, Turkey. The Toyota C-HR became the eighth model currently produced in Europe and enters the C-segment with a fresh new take on the crossover. The ...
Tags: C-HR Crossover, Toyota
Mazda Motor said it sold a record 775,000 vehicles in the first half of its 2016-17 fiscal year, slightly more than the previous record set last year. Europe contributed 123,000 units, up 12% year-on-year thanks above all to robust sales ...
Tags: Mazda, Mazda Motor
China's COSCO Shipping Ports Limited Tuesday announced its subsidiary has acquired a 40-percent stake in Italy's Vado Holding B.V. from Maersk Group's APM Terminal for 53 million euros (58.3 million U.S. dollars). Vado Holding operates ...
Tags: COSCO, Overseas Shipping
July 7-8, Germany --- Mr. Liu Zhenya, Chairman of Global Energy Interconnection Development and Cooperation Organization (GEIDCO) talked with Professor Otmar Wiestler, Helmholtz Association's Acting President and Mr. Christian Thomsen, ...
Tags: Liu Zhenya, GEIDCO, Christian Thomsen
Wipak Group has started operations of new packaging line in Finland. This is one of the biggest single investments ever taken in the history of the Wipak Group. About 20 million Euros have been invested by Wipak in Nastola for the ...
Tags: Wipak, new packaging line