Renault-Nissan Alliance (Alliance) has agreed to form a new joint venture (JV) with Italian bank Unicredit provide loans to vehicle customers and dealers in Russia. The new JV, which will be 60% owned by the Alliance and 40% by UniCredit, ...
Mahindra & Mahindra (M&M) has completed the acquisition of Navistar International's stake in Mahindra Navistar Automotives (MNAL) and Mahindra Navistar Engines (MNEPL). M&M said it has now taken complete ownership of operations and will ...
Tags: M&M, Navistar International, MNAL, MNEPL
Thorn Lighting Ltd, a subsidiary of the Austrian company Zumtobel Group, is a global supplier of both outdoor and indoor luminaires and integrated controls. Thorn was founded when Sir Jules Thorn started The Electric Lamp Service Company ...
Madrid, Spain-based stainless steel producer Acerinox has announced that it will supply stainless rebars worth $15 million for the construction of a new bridge between Hong Kong and Macao, through its Malaysian subsidiary Bahru Stainless. ...
Tags: Acerinox, Stainless Rebar, Mineral
Global BOPP and cellulose films producer Innovia Films has signed an agreement with 50/50 joint venture partner Reserve Bank of Australia (RBA) to buy its 50% share in note-printing subsidiary, Securency International for $67m. According ...
Indo-German joint venture SCHOTT KAISHA has opened its new pharmaceutical packaging plant in Jambusar, Gujarat, India with an investment of €20m. The latest investment will enable SCHOTT KAISHA to increase its production capacity in ...
Tags: Schott Kaisha, Pharma Packaging Plant, India
Cake maker Finsbury Food Group has reported relatively flat sales for the half year to December 29, up marginally to 103.3M compared with 102M for the same period of the previous year and in-line with management expectations. Finsbury's ...
Tags: Cake maker, Cake business, bread
Auto parts manufacturer Johnson Controls has opened a new automotive seat plant at the Grosnica Supplier Park near the city of Kragujevac in Serbia to provide complete seats for the new Fiat 500L compact MPV. The company has also opened a ...
Tags: automotive, Auto parts manufacturer, Johnson
LED chip and lighting array maker Bridgelux Inc of Livermore, CA, USA says that its board of directors has appointed Bradley J. Bullington - VP, Strategy and Corporate Development & general manager, Technology Solutions - as CEO. William ...
Cosmo Oil Co., Ltd. and Hyundai Oilbank have been conducting test operations of the new para-xylene (PX) production plant though the joint venture company, HCP. The company is pleased to announce that production has commenced 5 months in ...
SABMiller's joint venture China Resources Snow Breweries (CR Snow) has signed a deal to acquire the Hong Kong-based Kingway Brewery's brewery business for RMB5.38bn($864m). The transaction will include the brewery's seven breweries, four ...
Tags: SABMiller, brewery business, beer
Koninklijke Philips Electronics N.V. (Royal Philips Electronics, commonly known as Philips) (Euronext: PHIA, NYSE: PHG) is a Dutch multinational electronics company headquartered in Amsterdam. It was founded in Eindhoven in 1891 by Gerard ...
Tags: Philips, Lighting Brands, indoor luminaires
Geely Automobile's Hong Kong-based subsidiary Shanghai Maple Guorun has signed a deal with Zhejiang Kandi Vehicles to set up a 50-50 joint venture (JV) in China. The new JV to be called Zhejiang Kandi Electric Vehicles Investment (JV ...
Tags: Geely Auto, EVs, Electric Vehicles
Bridgelux has appointed Brad Bullington as its new CEO, Marl and Bivar have formed a global alliance, KaiStar has ordered more LED manufacturing systems from Veeco, and Lextar has completed its merger with Wellypower. Bridgelux appoints new ...
Tags: LED Business, LED, LED makers
PriDE, a joint venture between Interserve and SSE Contracting that performs real-estate management and provides construction services, has installed SSL hangar lighting at RAF Benson in Oxfordshire, UK in order to save energy and provide a ...
Tags: LED lighting, lighting, solid state lighting