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ABB Low Voltage Products celebrates 20 years of business in China
2014-07-15 source http://www.abb.com
Beijing, China. ABB’s Low Voltage Products division, a business of the leading power and automation technology group, today celebrated its 20th anniversary in China and announced 58 product launches planned for 2014.The Low Voltage Products division of ABB first invested in two manufacturing plants in Xiamen and Beijing in 1994 and now has four manufacturing facilities, two logistics centers and
EBRD AND FAO PROMOTE VIABLE FORESTS IN RUSSIA’S FAR EAST
2014-07-15 source http://www.ebrd.com
Russia’s Far East occupies one-third of the country’s territory and accounts for more than nine percent of the world’s forests. Forestry there thus plays a crucial role, locally and further afield, supplying livelihoods for millions of people and a valuable habitat for flora and fauna, including the endangered Amur tiger.Poor rural and forestry infrastructure, large scale illegal log exports
BRICS nations launch new development bank
2014-02-14 source http://www.dw.de
A new international development bank and multi-billion emergency lending pool are set to be launched by Brazil, Russia, India, China and South Africa. The move comes at a summit meeting of BRICS leaders in Brazil.The "New Development Bank" (NDB) is intended to compete with the World Bank and its private lending arm, the International Finance Corporation (IFC), by making it easier and quicker for d
Nissan sold in Russia 1 million cars
2014-02-14 source own
The Nissan in Russia broke the mark of 1 million vehicles (including light commercial vehicles) for the period from January 2004, when it was founded Nissan Russian trading company in Russia, January 31, 2014. Leaders in terms of sales for the period were models Nissan Qashqai (more than 202 thousand cars) and Nissan X-Trail (more than 167 thousand cars).Million vehicles sold was crossover Qashqai
ABB to supply transformers for cloud computing center in China
2014-01-09 source http://www.abb.com
Eco-efficient dry-type transformers will help minimize losses and enhance power reliabilityZurich, Switzerland, – ABB, the leading power and automation technology group, has won an order to supply 54 ultra-efficient 10 kilovolt (kV) dry-type transformers for an R&D and data storage center in Tianjin, China, owned by Tencent, one of the country`s largest internet service providers.Tencent is
EBRD IN FIRST INVESTMENT IN FINANCIAL INFRASTRUCTURE FUND
2014-01-09 source http://www.ebrd.com
Bank commits USD 30 million to new fund targeting Russia and CISThe EBRD has for the first time invested in a private equity fund tasked with making investments in financial infrastructure, a broad sector covering everything from stock exchanges to financial IT services, brokerages and re-insurance providers.The Bank, acting as a cornerstone investor, is committing USD 30 million to Da Vinci Priva
Establishing Market-based Mechanisms for Energy Conservation in China
2013-11-20 source http://www.worldbank.org
Energy efficiency and climate change are increasing on the agenda for both the World Bank Group and the Chinese government.The Bank Group encourages promotion of market-based methods to boost energy efficiency in China, such as the Energy Service Company ( ESCO ) concept and energy efficiency financing credit lines.A global forum was conducted to disseminate China’s experience in ESCO and energy
ABB to supply three complete mine hoist systems to Hindustan Zinc in India
2013-11-14 source http://www.abb.com
ABB, the leading power and automation technology group, has won an order for three complete mine hoist systems including related shaft equipment, to help Hindustan Zinc move its production at the Rampura Agucha mine from an open-pit to an underground operation. The new hoist systems will enable Hindustan Zinc to reach and exceed their production targets.“We are glad and proud to be the first cho
Russian Dental devices, equipment and supplies market
2013-11-03 source own
Dentistry as a sector of the Russian healthcare industry has grown to become possibly the most advanced and potent aspect of the Russian medical market. The Russian dental industry is widely privatized.There is minimal government-funded dental care treatment. State dental clinics , which deliver a limited amount of free dental services, obtain payment for them either from Mandatory Medical Insuran
Brazil:Medical Technology Market
2013-10-29 source own
Brazil is the largest market in South America for Medical Technology and Healthcare equipment with sales in 2013 expected to be worth USD$ 8 billion for Medtech technology. Brazil imported USD $3.6 billion worth of medical products in 2012. Brazil is a major producer and exporter of medical equipment but these tend to be of lower quality. In 2012 the Brazilian market for Medical equipment grew by
India Development Update: October 2013
2013-10-18 source http://www.worldbank.org
The World Bank’s India Development Update of October 2013 says that although the recent turmoil in global markets has amplified India's macroeconomic vulnerabilities, the country's growth potential remains high. Indeed, the current economic turmoil provides India an opportunity to accelerate growth momentum through further reforms that improve the business environment, strengthen the banking and
EBRD hails success of St. Petersburg clean river project
2013-10-11 source http://www.ebrd.com
Baltic pollution cut thanks to cooperation between Russia and international communityInternational lenders and donors gathered in St. Petersburg today for a milestone event that creates the conditions for Russia’s second city to achieve its long-standing goal of ending the discharge of untreated sewage into the Baltic Sea.Stopping this pollution, long an issue of major concern for the 55 million
EBRD backs Russian oil-field services company’s Eurobond
2013-09-26 source http://www.ebrd.com
The EBRD, acting as an anchor investor, has taken 19 percent of a five-year USD 420 million bond issued by Borets International Limited, an existing client of the Bank and the leading Russian manufacturer of specialised pumps and systems used in wells for the artificial lifting of oil.The Bank’s USD 80 million participation in this bond is part of a broader financing package for Borets under whi
Survey of the FDI climate in Russia
2013-09-25 source own
Russia continues to be a massive draw for investments from across the world, Russia is now ranked the sixth-most desirable country in the world for Foreign direct investment (FDI) and the most attractive in the Commonwealth of Independent States (CIS) Some of the key aspects that attract investors are Russia is: • A huge consumer market • Rising disposable income• Growing middle class• Che
Brics Reserve Fund close to be concluded at the G20
2013-09-06 source own
Leaders of the Brics group of countries - Brazil, Russia, India, China and South Africa - have stated they are going to put in place a $100bn ( £65bn ) fund to safeguard against financial shocks. Brics leaders are in Russia to participate in the G20 summit in St Petersburg.The shift comes because emerging economies throughout the world are affected by the belief that the US will reduce its key ec
Swiss and South African trade Partnerships developing
2013-09-04 source own
September 4th 2013: Switzerlands Federal Councillor for Economic Affairs, Education and Research Johann Schneider-Ammann is going to lead a mission to South Africa this week intended for developing partnership between the 2 nations in economic affairs, science, research and innovation. The Swiss foreign ministry stated on Monday that Schneider-Ammann, will be spearheading a delegation of Swiss sci
Healthcare spending in China expected to reach $1 Trillion by 2020
2013-09-04 source own
Healthcare expenditure in China will possibly increase by 3 times to be worth to $1 trillion each year by 2020 based on an ageing population and government endeavors to widen medical insurance coverage, according to a recent report by McKinsey & Co. China will commit more spending on drugs, medical devices and hospital medical treatments whilst it boosts overall expenditure to 7% of gross dome
ABB wins $38 million power orders to boost electricity supply in southern India
2013-09-03 source http://www.abb.com
Power plant and substation solutions to facilitate energy efficiency and grid reliability.ABB, the leading power and automation technology group, has won orders worth around $38 million for a new 1,320 megawatt (MW) coal-fired power plant, which is under construction in the southern Indian state of Andhra Pradesh. The orders were placed by NCC Ltd, the engineering, procurement and construction (EP
India is the USA's 13th Largest Trade Partner
2013-08-30 source own
India is one of the fastest growing trading partners for the US and is now in 13th position. This is according to the US Ambassador to India Madam Nancy J Powel. In a recent statement, she said that India has improved the rankings from 25th position in one decade. This was announced as she addressed the Indo-American Chamber of Commerce members in Puducherry. She was optimistic that the
Russia's forestry industry primed for Investment
2013-08-22 source own
Russia is going to invest 380 billion rubles ( $13 billion US$ ) to support preference projects in the country’s forestry industry to help make the industry more appealing for investors to invest in this sector so therefore helping heal longstanding challenges that have been normal across this industry in Russia, President Vladimir Putin stated in a recent address.“We will make the forestry in
Garbage Management is a problem in Russia
2013-08-21 source own
Garbage management in Russia has gone out of control and it will need more than urgent attention to control the situation, which now is at the level of a disaster. The legal landfills have been filled beyond their capacity, making the garbage collectors to opt to start illegal dumps. A processing industry is the only feasible solution to this menace.Mr. Sergey Donskoy who is the Minister of Natura
Opportunities for Mining Technology Manufacturers in Brazil
2013-08-19 source own
With emerging markets and technological inventions, many opportunities are being created in various sectors, a trend that is grabbing huge investor attention. One industry that is growing at a high rate is the mining industry, where advancement in technology has enabled the production of various machines that make the mining activities easier and faster.One country though has caught global attenti
ABB to supply propulsion transformers to leading Chinese shipbuilder
2013-08-12 source http://www.abb.com
Reliable, efficient and compact ABB dry-type transformers for low-emission electric propulsion.Zurich, Switzerland, Aug.7, 2013 - ABB, a global leader in power and automation technology has been selected by Fujian Mawei Shipbuilding Ltd. in China, to supply 24 dry-type propulsion transformers, for installation in 12 diesel-electric powered offshore platform supply vessels.The 2,300-kilovolt ampere
China’s Investment in Renewable Energy Increasing
2013-07-31 source own
In China’s 12th five-year plan for 2011-15 the renewable energy industry was highlighted as a priority sector for growth and investment. Overall investment in the renewable energy industry in China is expected t be worth over $ 295 billion USD over the 2011-15 with additional investment of $ 375 billion USD being spent on technology for reduction of emissions and energy saving technology.
Medical Technology and the Healthcare Market in the BRICS Region
2013-07-30 source own
The BRICS region, which groups together the countries of Brazil, Russia, India, China and South Africa, offers great opportunities for manufacturers and suppliers of medical technology and services with increasing demand in the BRICS nations. A key factor for growth is a growing population with a rising middle class who, with their increasing affluence, demand better quality medical care. New gove
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