ABB Low Voltage Products celebrates 20 years of business in China

Beijing, China. ABB’s Low Voltage Products division, a business of the leading power and automatio more


Russia’s Far East occupies one-third of the country’s territory and accounts for more than nine more

BRICS nations launch new development bank

A new international development bank and multi-billion emergency lending pool are set to be launched more

Nissan sold in Russia 1 million cars

The Nissan in Russia broke the mark of 1 million vehicles (including light commercial vehicles) for more

Rolls Royce sales surge by 11 percent in China

Rolls Royce the luxury motor car manufacture just announced a sales increase in the leading Bric cou more

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Alfa Laval agitators improve quality assurance at liquid milk processing plant

One of China’s largest milk and milk powder producers with annual sales of RMB 1.8 billion in liquid milk faced challenges associated with aging tank equipment at one of its liquid milk plants. After reviewing proposals from tank equipment suppliers, dairy management selected Alfa Laval to install new agitators throughout the dairy to improve quality assurance, safety and hygiene, increase energ

EBRD:Russia country assessment

The Russian economy is beginning to be affected by the global economic slow-down through falling export demand and weaker investor and consumer confidence. Output grew by 4.3 per cent in both 2010 and 2011, aided by expansionary fiscal policies, high oil prices and associated services sector growth. However, as eurozone developments started to affect the Russian economy from the end of 2011, indus

Growth in Russia's agriculture industry

In almost all areas of agriculture Russia has been an increase performance and an increase in output, said Agriculture Minister Yelena Skrinnik on Saturday at a meeting with Russian Prime Minister Vladimir Putin.Responding to a question, what about the harvest, she said that over the past six months, "according to the common indicators in the framework of the state program we are having a positive

The BRICS: Locating the Economic Shift

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Living in the age of advanced technology, while connecting ideas and thoughts within a global network, one seldom realizes the implications that are produced. For instance, consider the economic shift on a global scale. Every nation that has an urge towards its economic development knows the ground rules of the current age, i.e., to be alone is to perish. Connections and networking rule the presen

Sandvik Construction supply drilling equipment and tools for Brazilian hydroelectric plant

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As part of its energy from renewable source strategy, the Brazilian government is planning to build 10 hydroelectric power stations that will possess a combined generating capacity of close to 4,000 Mega Watts .The largest of these, Teles Pires, is located near the town of Paranaita, and when fully operational in 2015 will possess a total generating capacity of 1,820 MW. The hydroelectric project

Samsung Galaxy S4 enjoys record sales in Russia

Samsung's new flagship Smartphone, Galaxy S4, was released in Russia three days ahead of the U.S. release. In the first several days of sales, over 15,000 Galaxy S4 handsets have been sold. Since its official release on April 26, Samsung's new Smartphone, Galaxy S4, has been enjoying record-breaking sales in Russia. According to Mobile Research Group, in the first three days, over 15,000 handsets

Bosch looking to expand in Russia

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Leading German Industrial Group Bosch is expecting to expand sales in Russia through the growing Russian auto market and large sporting events such as the Winter Olympics in 2014 and the World cup in 2018.Russia is ranked the 6th largest Automotive market in the world with 20% of global auto sales expected to come from Russia by 2015. Bosch is planning to build a € 50 billion euro plan

Switzerland announces Free Trade Deal with China

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Switzerland and China have announced a free trade agreement between the two countries. This is the first such free trade partner deal between China and a European country. The general terms of the deal will mean 84% of Swiss exports to China will be exempt from custom duty and many exports to Switzerland of China made industrial goods such as textiles, auto parts and metal goods will be exempt fro

US Mining equipment manufacturers are increasing market share in Russia

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US Mining Technology manufactures are experiencing healthy growth in exports to Russia, with US Congress voting to agree Permanent Normal Trade Relations (PNTR) with Russia and Russia Joining the World Trade Organization (WTO) this is creating  opportunities for mining equipment manufactures to export to Russia. Russia is the world’s largest country it’s also one the richest mining areas

Sandvik Mining Rolls Out First 160D Drill from its Pune, India plant

Rotary Blast Hole Drill Rig Engineered, Sourced and Manufactured in India for Local Mining Companies Pune, India, May 15, 2013 The 160D is a diesel-powered, self-propelled, crawler-mounted rotary blast hole drill built to adapt to the toughest operating environments in the world. It can be operated by a single person and is equipped for drilling 160mm diameter holes in open cast mines

Protecting Samsung’s mega-investment in China

Samsung’s new $3 billion liquid crystal display production facility in Suzhou is the biggest single investment ever made by a South Korean company in China. The state-of-the-art facility is safeguarded from potentially crippling power disruptions by an ABB power protection solution – one of many that ABB has supplied to semiconductor companies in Asia. Situated at Samsung’s huge production c

ABB wins $150 million power order for world’s highest capacity transmission link

 ABB wins $150 million power order for world’s highest capacity transmission linkConverter transformers and key components for UHVDC link to enable supply of clean hydropower from southwest to the east coast of ChinaZurich, Switzerland, April 10, 2013 – ABB, the leading power and automation technology group, has won an order worth around $150 million to supply converter transformers, DC (

Bric Region Agriculture sector booming

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The Agriculture sector in Brazil, Russia, India and China are currently enjoying a rapid period of expansion with the overall growth rate across the Bric countries expected to be 28% over the next ten years. With Agriculture markets such as Western Europe expecting to be flat in the near future then it’s the developing world with its rising populations and growing incomes that provides the oppor

Sulzer Pumps to Supply 12 Firefighting Pump Packages for Floating Production Storage and Offloading (FPSO) Vessels in Brazil

Sulzer Pumps has won an order to supply 12 containerized Diesel-Engine Hydraulic Driven Firewater Pump packages for installation on 4 FPSO vessels that will operate in the central Pre Salt Cluster areas South of Rio de Janeiro state and North of São Paulo State, in BrazilThis order recorded in late 2012 demonstrates Sulzer Pumps as a recognized player in firewater applications and confirms the cu

ABB chairman shares vision of China’s urban future

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Beijing, March 26, 2013 - The chairman of ABB, Hubertus von Grünberg, has told a meeting of Chinese officials and business people how power solutions can contribute to sustainable cities, in the world’s most rapidly urbanizing country.Addressing the China Development Forum in Beijing on March 23, the ABB chairman said one of China’s biggest challenges in the coming years would be to meet its

Brazil increases Potash Consumption

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2012 turned out to be a record year for Potash Consumption in Brazil with 8.1 million tonnes imported; this was the 2nd consecutive year that Brazil was the world's largest importer. The increase in demand for Potash is due to rising agricultural production where it’s estimated that 90% of imported Potash is used for making fertilizer for the agricultural Industry. Brazil's Bric Partner China i

World Bank welcomes establishment of BRICS development bank

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WASHINGTON, March 26 (Xinhua) -- The World Bank on Tuesday welcomed the move taken by the BRICS countries to establish a development bank, vowing to work closely with the new lender to end poverty and build shared prosperity throughout the developing world.Finance ministers from the BRICS members, namely Brazil, Russia, India, China and South Africa, agreed early Tuesday to set up a development ba

Snapshot: The Brics Region

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 The Brics 5 countries Brazil, Russia, India, China, South Africa.•    5 Brics countries represent 25% of the world’s landmass.•    Brics region has 42% of the world’s population of over 3 billion people.•    Currently the Brics represents 17% of all global trade.•    The Brics Combined GDP is 19 Trillion dollars with Chi

Zuma: Brics is not a talk shop

Pretoria  - The establishment of Brics is not to create a new “talk show”, President Jacob Zuma said on Monday.“Brics is not a talk show. It is a serious grouping. I’ve just identified here that ever since the Brics grouping has been established, intra-trade has grown.“But also bilateral trade has grown. That indicates [it is] not a talk show,” Zuma told reporters at the president

BRICS experts back development bank

Experts from the BRICS group of countries have given their backing to the creation of a BRICS development bank, as well as an alternative to Western rating agencies for educational institutions, says the executive director of Russia’s National Committee for BRICS studies, Georgy Toloraya.The fifth Brics (Brazil, Russia, India, China and South Africa) summit will take place in Durban next week.Of

Sheet metal working technology opportunities in India

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India’s economy is expected to grow by 6.2% in 2013 and increase to 7% in 2014, India’s growth is well above the global average. With India’s economy growing there is an increased growth in its Middle class, it's estimated that within the next 10 years there will be 550 million people in India categorized as middle class. India has a well-educated English speaking workforce and currently Ind

Brazil: Direct selling consumer goods to Brazil

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Brazil is the type of country that sellers of consumer products love; Brazil is the world’s 6th largest economy bigger than the UK with 3 times the amount of population.  In the last 15 years the Brazilian Economy has more than doubled, income has nearly tripled; over 40 million Brazilians have been pulled out of poverty now wealthy Brazilians are flexing their financial muscle and turning

EBRD President Chakrabarti to visits India

Will discuss investment opportunities with Indian companies, senior government officialsAuthor(s):    Anthony WilliamsDate:    01 March 2013Sir Suma Chakrabarti, the President of the European Bank for Reconstruction and Development (EBRD), will discuss investment opportunities for Indian corporations in emerging democracies during a visit to India from 4-7 March.Estab

Tightening technology: Bosch Rexroth takes on direct distribution and service in China

The drive and control expert offers more customer proximity and service to the automotive industry in AsiaFrom distribution to service - Bosch Rexroth now handles its tightening technology in China on its own. Beside the service center and the corporate distribution office in Shanghai, tightening systems are also being configured to customer specifications in Xian as of January 2013. With the dire

AR Packaging Group AB, Lund Sweden, and TCPL Packaging Limited, Mumbai India, have signed a strategic partnership agreement.

AR Packaging Group AB, Lund Sweden, and TCPL Packaging Limited, Mumbai India, have signed a strategic partnership agreement. The objective of the agreement is mainly in cooperation in the manufacturing, sourcing and sales and marketing in India for the solid folding carton market.Harald Schulz, President and CEO of AR Packaging, says: "We are very happy and we are looking forward to work with TCPL

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