News Articles

ABB and Dassault Systèmes Enter Global Software Partnership for Digital Industries ZURICH -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...

NITI Aayog and ABB India Partner to Make India AI-Ready -Wednesday 23 May 2018  

(BUSINESS WIRE) -- The National Institution for Transforming India (NITI Aayog), the think tank of the Indian government, and ABB India have signed a Statement of Intent (SoI) to support the Indian government to realize its ambitious vision of “Make in India” through advanced manufacturing...

Country Leaders Inspired by ABB’s Breakthrough E-Mobility Technologies -Monday 23 April 2018  

(BUSINESS WIRE) -- The two leaders, along with ABB CEO Ulrich Spiesshofer, were shown a demonstration of the company’s new high power fast charging solution: the Terra HP EV charging station with a power output of up to 350 kW recharges a car battery in just eight minutes for 200 km...

ABB Showcases World-Leading e-Vehicle Fast Chargers and Launches AI Readiness Index at Hannover -Sunday 22 April 2018

(BUSINESS WIRE) -- ABB spotlighted its world-leading Terra HP family of fast chargers for electric vehicles at Hannover Messe, the biggest global industrial trade fair. By operating at powers of up to 350 kilowatts and adding as much as 300 kilometers of range to an electric vehicle in just 12...

ABB: Profitable Growth -Thursday 19 April 2018

Total orders +6%1; up in all divisions Base orders +5%; up in all regions Revenues +1%; impacted by lower opening backlog Book-to-bill ratio2 at 1.13x Operational EBITA margin2 up 20bps to 12.3% Net income $572 million; up excluding the gain on the cables divestment in 2017 Cash...

ABB to Invest €100 Million in Global Innovation and Training Campus -Friday 6 April 2018  

€100 million investment shapes ABB’s leadership position in machine and factory automation Investment in the development of the factory of the future to create 1,000 new jobs State-of-the-art innovation and training campus to be built in Eggelsberg, Austria, by 2020 ABB builds on...

ABB Shareholders Approve All Proposals at Annual General Meeting -Thursday 29 March 2018

(BUSINESS WIRE) -- The shareholders elected Jennifer Xin-Zhe Li, Geraldine Matchett and Gunnar Brock to join the Board and re-elected Peter Voser as member and Chairman of the Board. Jacob Wallenberg, Matti Alahuhta, David Constable, Frederico Fleury Curado, Lars Förberg, David Meline and...

ABB Records Steady Growth in the UAE -Thursday 15 March 2018  

ABB, the pioneering technology leader, has recorded steady and sustained growth in the United Arab Emirates in 2017. “ABB is seeing profitable growth and a huge opportunity in this market as we are partners to both the energy and industrial revolution that is taking place in the country...