The Nordic Investment Bank (NIB) and the Volvo Car have signed a five-year loan agreement of SEK1bn (EUR102m) to finance the next phase of the company's R&D program. The loan will support financing for the development of new modular ...
Tags: Volvo Cars, R&D programme
French alcoholic beverage firm Remy Cointreau has reported a 2.5% increase in its net sales to €513.4m for the first half of this year, compared to €500.7m for the same period in 2015. Operating profits surged 15.9% to ...
Tags: alcoholic beverage, Remy Cointreau
Cold Stone Creamery has introduced two new decadent flavors, including Sea Salt Fudge Ice Cream and Cake Batter Ganache Ice Cream. It has also introduced a creamy and delicious Sea Salt Fudge Frappe, available for a limited time only, in ...
Tags: Cold Stone Creamery, Ice Cream
The ITL Group has announced a partnership with Applied DNA Sciences to marry Applied DNA’s revolutionary SigNature DNA forensic marking system with ITL’s printed fabric care labels. The partnership is aimed at supporting ...
Tags: ITL Group, printed fabric
Volkswagen Group has signed a contract with SOVAC for vehicle assembly in Algeria. In the presence of the Algerian Minister of Industry Abdessellam Bouchouareb, Volkswagen Commercial Vehicles Board of Management Member responsible for ...
Tags: Volkswagen, Commercial Vehicles
Nissan Motor has agreed to divest its 41% stake in Japanese auto parts firm Calsonic Kansei to private equity firm KKR for JPY498.3bn ($4.5bn). This deal is being regarded as one of the largest deals in Japan, particularly in the ...
Tags: Nissan Motor, KKR
Apparel label solutions firm ITL Group has collaborated with Applied DNA Sciences to develop new anti-counterfeit printed fabric label solution. The partnership will integrate Applied DNA's SigNature DNA forensic marking system with ...
Volkswagen has unveiled its Transform 2025+ strategy, further detailing the company's plans for the decade ahead. This plan aims to reduce the capex ratio and the development cost ratio to a competitive level in the next few years – ...
Tags: Volkswagen, Electric Car
The sales of CAMC reached 1560 units, compared to the last October of 637 units, up by 144.90% year on year. And the growth ranked No.1 in the industry. Why did CAMC have such a great growth in October? One reason lies in products ...
Tags: self-produced components, cylinder
Invested by Aramco, covers an area of over one hundred square kilometers, the Saudi Gizan Industrial Park is like a large engineering center, and an international engineering machinery exhibition. The harsh construction environment has ...
Daimler Trucks North America (DTNA) held its biennial aftermarket conference ‘Evolution’ recently, with a focus on the company evolving to meet customer needs. The event is the only conference of its kind that includes all ...
Tags: Daimler Trucks, Customer Needs
On November 9, XGMC and Hong Seng Group held HANVAN series promotion conference in Penang in Malaysia. With this opportunity, XGMC will expand Malaysia market and create the new name card of “Made in China”. Hong Seng XCMG ...
Tags: Heavy Trucks, Trucks
Pritzker Group Private Capital has completed the acquisition of US-based flexible packaging company ProAmpac from private equity firm Wellspring Capital Management. Financial terms of the deal, which was signed in October 2016, were ...
Tags: flexible packaging, Pritzker
Customer engagement solutions provider YPB Group has signed a master supply agreement (MSA) with Australia’s natural health brand Blackmores for the supply of YPB’s full range of products and services. As per the two-year MSA, ...
Tags: Blackmores, packaging
Metal packaging products supplier Crown Holdings has partnered with Web of Things software company Evrythng to embed digital intelligence into consumer packaged goods (CPG). The partnership will use Internet of Things technology (IoT) to ...
Tags: Crown, CPG Products