On 26th April, Poland – China – World Economic Forum on Central and Eastern Europe was held in Hilton Hotel, Warsaw, Poland. More than 1000 guests participated in this forum, including Wen Jiabao, the Premier of the state ...
Sany Heavy Industry Co. (600031), China’s biggest maker of excavators, may cut its unit-sales forecast for this year as government efforts to curb property speculation slow construction. “Given the weak market, I think ...
Tags: market view, excavators
Komatsu Ltd. (6301), the world’s second- largest maker of excavators, posted a 25 percent decline in fourth-quarter profit after Chinese sales declined. Net income fell to 37.7 billion yen ($464 million) for the three months ended ...
Tags: market view, excavators
Japanese stocks rose, with the Nikkei 225 (NKY) Stock Average rising the most in two weeks, after a North Korean rocket launch failed and Fast Retailing Co. Forecast record profit. Shares pared gains as slower growth in China tempered ...
Tags: market view, robotics
In just over three years Putzmeister’s world, fashioned around the unforgiving business of concrete, came crashing down around it. For nearly half a century the Stuttgart-based company along with Schwing, its German arch rival, had ...
Sany Group Co. (SANYIZ), owner of China’s biggest machinery maker, said its sales growth rate may slow by about half to 25 percent as the economy decelerates. Sales may exceed 100 billion yuan ($16 billion) in 2012, up from 80 billion ...
Komatsu America Corp. Has named Rod Schrader as new CEO and vice chairman, effective April 1, 2012. Schrader, a 25-year veteran of Komatsu America, will replace Dave Grzelak, who is stepping down as CEO, but will remain Chairman of Komatsu ...
China serves up some heebie-jeebies yet again, this time directed towards the global market for construction machinery. Sany Heavy, the country’s biggest maker of such cool-sounding machines as concrete pumps, excavators and cranes, ...
Sany Heavy Industry listed in FT Global 500 Sany Heavy Industry entered into FT Global 500 as the 431st with the market capitalization of $21.584 billion. It is the only Chinese machinery enterprise chosen in the list. Sany wins National ...
Asian stocks rose, with a regional benchmark index headed for its biggest monthly rally since September 2010, as Greek Prime Minister Lucas Papademos said major progress was made in debt-swap talks and Japan’s industrial production ...
Tags: market view, factory robots
Sany Heavy Industry Co. (600031), headed by China’s richest man, and a partner will pay 360 million euros ($475 million) for concrete-pump maker Putzmeister Holding GmbH to add technology and expand overseas. The Chinese ...
A bulldozer is a crawler (continuous tracked tractor) equipped with a substantial metal plate (known as a blade) used to push large quantities of soil, sand, rubble, etc., during construction work and typically equipped at the rear with a ...