News Articles

ABB and Ericsson Join Forces to Accelerate Wireless Automation for Flexible Factories HANNOVER, Germany -Monday 1 April 2019  

(BUSINESS WIRE)-- ABB and Ericsson today strengthened their long-standing relationship with the signing of a Memorandum of Understanding (MoU) at Hannover Messe 2019. The collaboration enhances their joint vision for the future of flexible production with advanced automation and wireless...

Notice of ABB’s Annual General Meeting on May 2, 2019 -Monday 1 April 2019

(BUSINESS WIRE)-- ABB today published the invitation to its Annual General Meeting (AGM), which will be held on Thursday, May 2, 2019. The invitation can be found on ABB’s investor relations website at www.abb.com/agm. ABB (ABBN: SIX Swiss Ex) is a pioneering technology leader with a...

ABB publishes 2018 Annual Report -Thursday 28 March 2019

(BUSINESS WIRE)-- ABB Ltd has published its 2018 annual report on its website and has filed the annual report on Form 20-F with the United States Securities and Exchange Commission. The 2018 annual report is now available electronically at www.abb.com/groupreports. It provides comprehensive...

ABB Wins Contract to Power the First Chinese-Built Cruise Vessel -Tuesday 26 March 2019  

(BUSINESS WIRE)-- ABB has been awarded a contract to supply an integrated package, including two Azipod® steerable propulsion systems, for the construction of China’s first ever home-grown cruise ship. ABB’s deep domain knowledge in cruise technology coupled with its local expertise makes...

ABB and Formula E celebrate partnership at 50th race in Hong Kong -Sunday 10 March 2019  

(BUSINESS WIRE) - ABB CEO Ulrich Spiesshofer has congratulated Formula E chairman/ founder Alejandro Agag on the continued success of the ABB Formula E Championship, with the presentation of a specially commissioned pitboard to mark the series’ 50th race. In support of the title...

ABB: Solid Growth -Thursday 28 February 2019

(BUSINESS WIRE) -- FULL YEAR 2018 HIGHLIGHTS Total orders +8%1, up in all divisions and regions Revenues +4%, strong growth in Robotics and Motion Order backlog +6% at end of year, book-to-bill ratio2 at 1.03x ABB Ability™ drives growth across all divisions Operational EBITA...

ABB Strategy Update: Shaping a Leader Focused in Digital Industries -Thursday 28 February 2019

New ABB: focus, simplify, lead Focused portfolio: Divestment of Power Grids to Hitachi well on track Simplified structure: New operating model “ABB-OS™” for enhanced customer focus, agility and profitability; ~$500 million annual savings Four new leading businesses, #1 or #2 in...

ABB and Dassault Systèmes Enter Global Software Partnership for Digital Industries -Thursday 28 February 2019

Unique customer value through ABB Ability™ offering of digital solutions combined with Dassault Systèmes’ 3DEXPERIENCE platform   (BUSINESS WIRE) -- ABB and Dassault Systèmes today announced a wide spanning global partnership to offer customers in digital industries a unique...

ABB Wins $42 Million Order for Train Technologies from Indian Railways -Tuesday 19 February 2019

(BUSINESS WIRE)-- ABB has won its largest traction equipment order in India, worth more than $42 million to supply state-of-the-art converters for electric locomotives from Diesel Locomotive Works (DLW), in Varanasi. The converters are custom designed for Indian Railways and will be manufactured...

Warm welcome for ABB Formula E in Davos -Saturday 19 January 2019  

(BUSINESS WIRE) -- Just a few days before the start of the World Economic Forum 2019, Davos is celebrating a world premiere: The latest ABB FIA Formula E racing car - dubbed Gen2 – was transported on a train from the iconic Swiss Rhaetian Railway to Europe’s highest city, where it will be an...

ABB: Shaping a leader focused in digital industries -Monday 17 December 2018

(BUSINESS WIRE) -- Fundamental actions to focus, simplify and lead in digital industries for enhanced customer value and shareholder returns Focus of portfolio on digital industries through divestment of Power Grids Divestment of Power Grids to Hitachi expands existing partnership...

ABB: Statement -Wednesday 12 December 2018

(BUSINESS WIRE)-- ABB confirms that it is currently in discussions with Hitachi to expand and re-define the existing strategic power grid partnership between the two companies announced in December 2014. There can be no certainty that any transaction will occur, or as to the timing, structure or...

ABB enables groundbreaking trial of remotely operated passenger ferry -Tuesday 4 December 2018  

(BUSINESS WIRE) -- With this historic trial in the Finnish capital’s port last week, ABB and Helsinki City Transport took the next step in autonomous shipping. In the remote trial, the world’s first for an existing passenger ferry, ABB successfully tested the enhancement of ship operations...

ABB inaugurates advanced innovation and manufacturing hub in Xiamen -Tuesday 13 November 2018  

US$300 million investment in the hub which is ABB’s largest innovation and manufacturing site at 425,000m2 Employs 3,500 people, covering the full range of business activities Strong symbol of ABB’s ongoing commitment to China, where it has invested more than US$2.4 billion since...

ABB to Build the World’s Most Advanced Robotics Factory in Shanghai -Saturday 27 October 2018  

(BUSINESS WIRE)-- Pioneering digital technology company ABB today announced a major, new US$150 million investment in Shanghai, China to build the world’s most advanced, automated and flexible robotics factory - a cutting-edge center where robots make robots. The new Kangqiao manufacturing...

ABB: Sustained Growth -Thursday 25 October 2018

Total orders +9%1, up in all divisions and regions Base orders +7%, up in all divisions and regions Revenues +3%; service revenue up 11% Operational EBITA margin2 12.1% impacted by GEIS dilution Operational EPS2 +4%3 Net income $603 million, +6% Cash flow from operating...

ABB and Nobel Media Announce International Partnership -Friday 14 September 2018  

(BUSINESS WIRE)-- ABB and Nobel Media today announced an international partnership, bringing together two respected organizations committed to the development of innovation, education and scientific research, making ABB one of a select group of Nobel International Partners. Nobel Media, an...

Fortune Names ABB Among Top 10 Companies in “Change the World” List  -Wednesday 22 August 2018

(BUSINESS WIRE)-- ABB has been named #8 in Fortune magazine’s “Change the World” rankings for the company’s efforts to speed up adoption of clean-energy electric transportation. The list, Fortune said, honors companies that “have had a positive social impact through activities that are...

ABB: Continued Profitable Growth -Thursday 19 July 2018

Total orders +8%1, up in all divisions and regions Base orders +9%, up in all divisions and regions Revenues +1% Book-to-bill ratio2 at 1.07x, >1 in all divisions Operational EBITA margin2 up 60bps to 13.0% Operational EPS2 +27%4 Net income $681 million, +30% Cash flow from...

ABB and Kawasaki Create World’s First Common Interface for Collaborative Robots -Wednesday 20 June 2018

(BUSINESS WIRE) -- ABB and Kawasaki Heavy Industries, both global leading players in industrial automation and robotics, are showcasing the world’s first common collaborative robot operating interface at automatica in Munich, Germany from June 19-22, 2018. The common interface will also...