QUOTE AND NEWS
Reuters  Sep 21  Comment 
ABB is selling its high-voltage cabling business to NKT Cables in a deal worth 836 million euros ($932 million), the first fruit of the Swiss power and automation company's...
Reuters  Sep 16  Comment 
ABB's board will discuss the future of its Power Grids division next week as investors ramp up pressure on the Swedish-Swiss technology group to spin off the $11.6 billion...
Reuters  Sep 15  Comment 
ABB must come up with convincing reasons to keep the company's power grids division when it updates shareholders on the business next month, another of the group's largest...
Reuters  Sep 14  Comment 
Another shareholder of Zurich-based conglomerate ABB has called for the company to spin off its Power Grids division, in an effort to streamline the company to improve its stock...
The Economic Times  Sep 14  Comment 
The solution will enable ships docking at a port to plug for power instead of running on polluting diesel generators and using expensive power.
Wall Street Journal  Sep 13  Comment 
In a rare move highlighting European blue chips’ vulnerability to activist investors, two top shareholders in Switzerland’s ABB Ltd. are urging the engineering giant to spin off its power-grids unit to streamline operations.
Motley Fool  Sep 7  Comment 
Between ABB and Caterpillar, one stock looks surprisingly cheap today.
Automotive World  Sep 5  Comment 
ABB has appointed Guido Jouret, a pioneer of the Internet of Things, as Chief Digital Officer, reporting to ABB’s CEO Ulrich Spiesshofer, effective October 1, 2016. Jouret will lead the next level of development and deployment of ABB’s digital...





 
TOP CONTRIBUTORS

Business Profile

ABB (ABB), a partly-owned subsidiary of ABB Asea Brown Boveri of Switzerland, provides power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The company was incorporated on Dec. 22, 1949 as Hindustan Electric Company. Pursuant to a scheme of amalgamation of Asea with HBB, the name was changed to Asea Brown Boveri (ABB) with effect from Oct. 13, 1989. The chairman is Gary Steel and the Vice Chairman and Managing Director is Biplab Majumder.

ABB operates through its business divisions of power products, power systems, automation products, process automation and robotics. It manufactures a wide range of transformers, switchgears, breakers, capacitors, cables and utility automation products and executes projects for power generation, transmission and electrification. It has eight manufacturing facilities in Bangalore, Faridabad, Haridwar, Mumbai, Nashik, and Vadodara.

ABB has a large range of products to offer its clients. The list is exhaustive and so this link will take care of the same: ABB Offerings A-Z

ABB and IIT, Delhi signed an MoU for technology development and knowledge sharing through specific development projects and research in power and automation. The company bagged a turnkey order worth approximately Rs 4,300 million to provide an enterprise wide supervisory control and data acquisition (SCADA) system for ONGC; contracts worth Rs 3.11 billion power and automation systems from Grasim Industries and Ultratech Cement for installation of 220/132kV switchyards and supply of switchgears; a Rs 2.89 billion order by Delhi Metro Rail Corporation (DMRC) to supply the turnkey electrification package for Phase II of the Metro line spanning ten corridors across parts of New Delhi and surrounding areas of Gurgaon and NOIDA.

ABB operations in India include 14 manufacturing facilities and over 6500 employees. Customers are served through extensive countrywide presence with around 30 marketing offices, 8 service centers, 3 logistics warehouses and a network of over 750 channel partners. The ABB Group is increasingly leveraging the Indian operations for projects, products, services, engineering and R&D. Also, as part of ABB’s new regional approach, India has been designated as the hub for the South Asia region.

The corporate office and registered office are at Khanija Bhavan, 2nd Floor, East Wing, No. 49, Race Course Rd, Bangalore-560001.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki