Russian retailer Magnit booked a 71.62% increase in full-year EBITDA today (22 January), driven by improved margins and higher sales. The company said that EBITDA rose from RUB27.6bn (US$939.3m) in 2011 to RUB47.37bn in 2012. In 2012, the ...
Tags: Magnit, margins, higher sales, EBITDA
Cities around the U.S. will have gigabit-speed Internet access by 2015 if the FCC's wishes come true. All 50 states should have at least one community where consumers can get 1Gbps or faster Internet access by 2015, U.S. Federal ...
Tags: FCC, Internet access, fast networks
In its Europe News Issue published on January 22, the Japan Automobile Manufacturers Association (JAMA) focused on the decision reached between the Japanese government and the European Commission on November 29 to start negotiations on the ...
Originally budgeted for $319m and promised to open in 2009, the Southern Sydney Freight Line is finally open at a cost of $1b, allowing container trains 24-hour access to Port Botany and unhindered passage for Brisbane-Melbourne freight ...
Tags: Southern Sydney Freight Line, freight trains, logistics
Adept Technology has launched a new vision-based robotic parts feeding solution Adept FlexiBowl, which is available as an option on all company's robot systems. According to the US-based company, the new feeder uses circular band tracking ...
Glass manufacturer Quinn Glass has today welcomed the news that the N.I. Executivehas committed funding to an important project to supply natural gas to Fermanagh. Quinn Glass, located in Derrylin co Fermanagh, supplies bottles and jars ...
Tags: Glass manufacturer, Quinn Glass, N.I.Executive Support, Gas Pipeline
As previously communicated, in the face of increasingly difficult domestic trading conditions for its soda ash business, Penrice Soda Holdings Limited has been conducting a strategic review of its entire chemicals business to improve its ...
Tags: Penrice, JV, Soda Ash Distributor
Positioned in a state long considered to be a green business hub, Fresno is curiously lacking companies with green business plan initiatives. In fact, only 25 companies in or near Fresno are plotted on a California green business map ...
Tags: ACCO
Apparel companies in China are now spending more resources on marketing and branding of their products in order to enhance competitiveness and to win consumers, states a latest report. According to “China’s apparel market, ...
Tags: China, apparel firms, marketing, branding
The Indian textile industry, the single largest employment provider, employing over 91 million people particularly the rural masses and women and the backbone of country's economy has been passing through a worst crisis in its history ...
Tags: SIMA, textile industry, raw material prices
During the panel discussion at the SteelOrbis Market Talks Meeting held in Izmir on January 16, Mehmet Zeren, general secretary of Turkey's Steel Pipe Manufacturers Association, said that Turkey ranks first in Europe and fifth in the world ...
Tags: SteelOrbis Market, Izmir, Turkey, Steel Pipe Manufacturers Association
There are many sectors influencing the price of glass machinery which are not only limited on the development situation of the up and sown- stream of glass industry, but also impacted by national macro-economy. For instance, the ...
Tags: Reasons, Fluctuations, Prices, World Glass Machinery
The Apparel Training & Design Centre (ATDC) in collaboration with JUKI India Pvt. Ltd., launched India’s first ‘Technology Innovation Research Centre’ at the ATDC-Training of Trainers’ Academy, Gurgaon to demonstrate ...
Victorian premier Ted Baillieu. The state government of Victoria has welcomed the return of National Manufacturing Week (NMW) to Melbourne in 2013, as a reflection of its strategy for revitalizing the state’s manufacturing sector. ...
Tags: National Manufacturing Week, manufacturing, industry view
AIXTRON SE announced that China’s Focus Lightings Tech Inc. has ordered a number of CRIUS II-L systems for mass production of gallium nitride (GaN) light emitting diode (LED) epitaxial wafers. The systems will be configured to handle ...
Tags: Focus Lightings, Lighting, LED