UK-based Diageo will purchase 50% stake in a joint venture (JV), which owns United National Breweries' (UNB) traditional sorghum beer business in South Africa, for $36m. The remaining 50% will be owned by a company affiliated to Vijay ...
Tags: Diageo, joint venture, UNB, South Africa
Vestel is pleased to announce its start in LED Lighting as well as the appointment of Uwe Hock as its new Sales & Marketing Director, LED Lighting for Vestel Germany in Garching / Munich. Uwe Hock joined Vestel Germany in November 2012 ...
Tags: Vestel, LED Lighting, Germany, Austria, Switzerland
International developer EPGI has announced that they have been awarded the development management contract to develop and build the new Basra Oil and Gas International Free Zone in Iraq. The project is the second largest of its kind in ...
Tags: EPGI, Oil, Gas Project
PVI Sun Life Insurance has received regulatory approval from both Vietnam and Canada regulators to operate its life insurance business in Vietnam. Set up as a joint venture (JV) between PVI with 51% stake and Sun Life Assurance Company of ...
After the America proposed the anti-dumping and anti-subsidy investigation, the European Union put forward it into schedule too. Under this great pressure, Chinese PV manufacturer have no options but to take actions to the double ...
Tags: PV manufacturer, PV enterprises, PV industry
Red Bull Racing Australia has officially announced that two-time MotoGP champion Casey Stoner will race a V8 Supercar in 2013, confirming a long-suspected plan for both driver and team to enter the sport in what will be a first for both ...
Daimler, Ford and Nissan have entered into a unique three-way alliance that will see the three leading global automakers collaborate on a common hydrogen fuel cell system to power their future zero-emission vehicles. The joint venture ...
Tags: Daimler, Ford, Nissan, Fuel Cell Alliance
Arla Foods Ingredients is investing 102M in a new lactose manufacturing facility in Denmark that will have "a major impact on the supply of lactose to the UK food industry". Arla's new lactose plant in Denmark will have a major impact on ...
Tags: lactose supply, food industry, lactose
Etisalat today signed a partnership agreement with Pacific Controls in Dubai to mark the beginning of a collaboration which will see them tackle connectivity challenges in the developing world. Etisalat and Pacific Controls, both local ...
Tags: Etisalat, Pacific Controls, M2M solutions
Spar International has entered into a partnership agreement with Abu Dhabi Co-operative Society (ADCOOPS) that aims to boost the retailer's presence in the Middle East. ADCOOPA has opened, under licence, a flagship store for each format - ...
Tags: Spar International, ADCOOPS, Middle East
VMware has bucked recent hiring trends in the tech sector by announcing 900 job losses, despite unveiling a three per cent rise in 2012 income to $746m (£475m), while revenue rose 22 per cent to $4.61bn (£2.94bn). The ...
Tags: VMware, Server Virtualisation
Finnish paper company, UPM has signed an agreement on the sale of assets, part of the land of the UPM Stracel paper mill site with Blue Paper, the joint venture company of VPK Packaging Group and Klingele Papierwerke. According to the ...
Tags: UPM, Finnish paper, packaging group
Japan-based Mitsubishi Heavy Industries (MHI) Printing & Packaging Machinery and Ryobi have signed a pact to study the possibility of establishing a joint venture company for sheetfed printing technology. The two Japan-based press ...
Tags: sheetfed printing technology, Packaging Machinery, sheetfed presses
The Russian government's energy commission will discuss licensing issues, including changes to the license for the Trebs and Titov field, as well as ways to tackle oil spills at its next meeting, likely to take place in February, Russia's ...
Tags: energy, licensing issues, Russian government
Visix, Inc. will partner with VITEC Distribution GmbH to exhibit in stand 12B88 at Integrated Systems Europe, held January 29-31 at the Amsterdam RAI. The company's digital signage solutions are marketed and sold exclusively by VITEC in ...
Tags: Visix, VITEC Distribution GmbH, Integrated Systems Europe