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Ar Packaging Initiates Review of Operations to Optimize Footprint
Sep 30, 2017AR Packaging has initiated a review of its operational footprint to sustainably and professionally meet the growing expectations of its customers on high efficiency, vast expertise and strong innovation skills. As part of the review, the ...
Tags: AR Packaging, Packaging
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Scandi Standard to Acquire Irish Poultry Processor Manor Farm
Jun 29, 2017Swedish company Scandi Standard has agreed to acquire Manor Farm, a chicken processor in Ireland, in a share-cum-cash deal. The deal values Manor Farm at an enterprise value of €94m. Under the deal terms, Scandi Standard will offer ...
Tags: Poultry Processor, processor
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IKEA's Virtual Shopping App for iOS 11 Will Let You Try Before You Buy
Jun 21, 2017The joy of shopping for Ikea furniture mainly comes from roaming around a series of perfectly Scandi mock-rooms and pretending they’re yours for the day, finishing off with a plate of meatballs and some Daim cake, then going home with ...
Tags: Ikea furniture, furniture
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Volvo to Build First Fully Electric Car in China
Apr 20, 2017Volvo Cars announced at Auto Shanghai in China that it will build its first fully electric car in the country. The all new model will be based on Volvo’s Compact Modular Architecture (CMA) for smaller cars, and will be available for ...
Tags: Volvo, Electric Car
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Volvo Cars Unveils New Manufacturing Strategy for China
Nov 10, 2016Volvo Cars has unveiled a new manufacturing strategy for China in which production capacity will be increased. China will be developed into a global manufacturing and export hub servicing growing demand for the company's new range of cars ...
Tags: Volvo Cars, Manufacturing Strategy
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Volvo's Driverless Cars Will Be Unmarked to Prevent Them Being Bullied
Nov 3, 2016Volvo is gearing up for a driverless car trial involving 100 cars that will be unmarked due to fears that motorists will bully the vehicles. The trial is set to get underway in 2018 in London, and will use versions of the Swedish ...
Tags: Volvo, Driverless Cars
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Volvo Begins Public Autonomous Driving Experiment in Gothenburg
Sep 20, 2016Swedish automaker, Volvo has started, Drive Me, a public autonomous driving experiment in the city of Gothenburg. The autonomous Volvo XC90 SUV was finalized in Volvo Cars’ special manufacturing facility in Torslanda and is the ...
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Looking Towards Global Horizons
Aug 17, 2016Atlas Copco’s purchase of Italian manufacturer Varisco has enhanced its position in the pumps business and dewatering applications. We discover what Varisco brings to the group and how the Portable Energy division intends to move ...
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Volvo Unveils Fuel Efficient Concept Truck
Jun 2, 2016Volvo Trucks has unveiled a new concept truck which claimed to consume 30% less fuel than conventional trucks. This new concept truck was developed in collaboration with Swedish Energy Agency and US Department of Energy. Volvo says that ...
Tags: Volvo, Concept Truck
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Volvo Cars Unveils Two New Concept Cars
May 23, 2016Volvo Cars has unveiled two new concept cars that move the Swedish brand in an audacious new direction and mark the official launch of its global small car strategy. Today's newly-revealed 40 series concepts demonstrate for the first time ...
Tags: Volvo Cars, Concept Cars
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Volvo to Test Its Autonomous Cars on Chinese Roads
Apr 11, 2016Swedish car company Volvo announced that it will be testing its autonomous vehicles in China with local drivers and on public roads in every day driving conditions. For this experiment, Volvo will use 100 autonomous cars. In the ...
Tags: Volvo, Autonomous Cars, Chinese Roads
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International Paper To Acquire Holmen's Madrid Mill For €150m
Mar 18, 2016International Paper has signed an agreement to purchase newsprint mill in Madrid, Spain, from Swedish company Holmen Paper, for €150m. As per the deal, International Paper will acquire the Madrid newsprint Mill, as well as ...
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Bergkvarabuss Acquires Four Setra Buses
Dec 2, 2015The Swedish company Bergkvarabuss is celebrating its 40th anniversary with the acquisition of four new Setra buses. Gran Mellstrm, owner of Sweden's largest private bus company, is adding one S 515 HDH and two S 431 DT models to his fleet. ...
Tags: Bergkvarabuss, double-decker buses, buses
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GE’s Metamorphizing Century Old Lighting Business
Oct 14, 2015When GE sold its home appliance division in September 2014 for US $3.3 billion to Swedish company Electrolux, market rumors surfaced that the company might sell its lighting business too. The company denied intentions of selling its century ...
Tags: GELED, lighting, business strategy, market trends
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Major Apparel Brands Bank on China for Success
Aug 27, 2015In the busy shopping area of Solana in Beijing's Chaoyang district, young women and men dressed in the latest fashion wander around the mix of foreign clothing stores carrying their latest purchases. In this trendy commercial landscape, ...
Tags: H&M, GAP, Apparel Brands