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TransDigm Group Declares a Special Cash Dividend of $75.00 Per Share and…
"Our regularly stated goal is to deliver returns to shareholders that are comparable to those of well performing private equity funds, while offering the liquidity of a public market. This special dividend is a key part of our ongoing efforts to actively manage our balance sheet and achieve that objective," stated Kevin Stein, TransDigm Group's President and Chief Executive Officer. "The payout of this $75.00 per share special dividend will leave us with significant liquidity and…
PR Newswire
20/09/2024
Newly-Released "BIG BANK": An Excellent Battery System for Commercial Vehicles
The "BIG BANK" commercial vehicle battery system released this time is specially developed for the European market, with flexible and versatile combinations to meet the performance needs of heavy/medium/light trucks in different scenarios. It leads the market with its powerful performance of high energy density, strong safety and long lifespan. The "BIG BANK" commercial vehicle battery system released this time is specially developed for the European market, with flexible and…
PR Newswire
20/09/2024
Brake Chamber Market to Reach $8.4 Billion, Globally, by 2033 at 6.2% CAGR…
Prime determinants of growth Prime determinants of growth The global brake chamber market is experiencing growth due to increase in demand for commercial vehicles, rise in adoption of air brake systems, growth in focus on vehicle safety, and aftermarket sales growth. However, volatility in raw material prices, slow adoption of advanced technologies, and competitive pricing pressure hinder the market growth. Moreover, integration of advanced sensors and electronics, rise in electric and...
PR Newswire
19/09/2024
Kamux Corporation's financial reporting and AGM in 2025
Publication schedule for Kamux Corporation's financial reporting in 2025 is as follows: Publication schedule for Kamux Corporation's financial reporting in 2025 is as follows: The Annual Report for 2024 including Financial Statements will be published on the week commencingApril 21, 2025. The Annual General Meeting of Kamux Corporation is scheduled to be held onMay 22, 2025. The Board of Directors will summon the AGM at a later date. A shareholder may request that a matter falling...
PR Newswire
19/09/2024
Yutong Bus Completes Extreme Heat Challenge in Saudi Arabia, Showcasing…
Cutting-edge Technology for Extreme Environments Cutting-edge Technology for Extreme Environments The E11 PRO boasts an energy-efficient, all-electric climate control system developed. The state-of-the-art air conditioning unit delivers 38,000 Kcal/h of cooling power, that ramps up cooling output in response to rising external temperatures. A specially designed air curtain solution creates an air seal for the middle door when it's opened, preventing hot air ingress and cool air escape,...
PR Newswire
19/09/2024
ENGWE Celebrates Car-Free Day with Big Discounts: Up to €600 Off on Popular…
From September 16 to 30, ENGWE is offering up to €600 off its range of e-bikes. This special Car-Free Day promotion includes the highly popular P275 Pro and P20 models, both recognized for their exceptional performance and value. During this limited-time offer, you can enjoy a €600 discount on the P275 Pro and €400 off the P20. FromSeptember 16 to 30, ENGWE is offering up to €600 off its range of e-bikes. This special Car-Free Day promotion includes the highly popular P275 Pro and P20...
PR Newswire
19/09/2024
Höegh Evi: Change of company name has been formally registered
This information was brought to you by Cision http://news.cision.com This information was brought to you by Cisionhttp://news.cision.com https://news.cision.com/hoegh-lng/r/hoegh-evi--change-of-company-name-has-been-formally-registered,c4039684 The following files are available for download: View original content: https://www.prnewswire.co.uk/news-releases/hoegh-evi-change-of-company-name-has-been-formally-registered-302252294.html
PR Newswire
18/09/2024
Touax: HALF-YEAR RESULTS 2024 Growth in Turnover and EBITDA
PRESS RELEASE Paris, 18 September 2024 – 5:45 pm YOUR OPERATIONAL LEASING SOLUTION FOR SUSTAINABLE TRANSPORTATIONHALF-YEAR RESULTS 2024Growth in Turnover 1and EBITDATurnover of €80.4m, up slightly (+€1.4 m) Increase of the EBITDA to €30m (+€1.1m) Group share of net profit: €3.8m « TOUAX confirms the resilience of its business model. Selective investments in quality logistics assets on long-term leases and the mix of different activities in which...
Nasdaq GlobeNewswire
18/09/2024
Electric Powertrain Market is expected to generate a revenue of USD 211.7…
With the automotive industry undergoing a major shift toward sustainable energy, the electric powertrain is becoming the core of innovation, driving efficiency, reducing emissions, and reshaping the future of mobility. This report offers an in-depth exploration of the market's growth trajectory, including detailed insights into the latest advancements in powertrain technologies, competitive dynamics, and regional analysis. With the automotive industry undergoing a major shift toward…
PR Newswire
18/09/2024
Hyundai Motor Group and Rhode Island School of Design Expand Partnership with…
The Regeneration Studio, led by an advanced scientific team in RISD's Edna W. Lawrence Nature Lab, aims to develop entirely new concepts for bio-innovation. This year's programming comprises a fall biomimicry seminar, spring studio courses and extended research into the summer. The Regeneration Studio, led by an advanced scientific team in RISD's Edna W. Lawrence Nature Lab, aims to develop entirely new concepts for bio-innovation. This year's programming comprises a fall biomimicry seminar,...
PR Newswire
18/09/2024
TK Elevator brings Universal Service Platform to Dubai Airports
Under the renewed contract, over 100 TKE specialized professionals will service units throughout the airport's passenger and cargo operations. Under the renewed contract, over 100 TKE specialized professionals will service units throughout the airport's passenger and cargo operations. "This contract renewal strengthens TK Elevator's prominent position in theMiddle Eastmarket," said Jürgen Böhler, CEO Asia Pacific at TK Elevator. "We continue to provide and maintain mobility…
PR Newswire
18/09/2024
Electrified Fleet Adoption Surges Despite Slowing EV Demand in Passenger Market
The study underscores the rapid progress in fleet electrification. While EV adoption rates vary by business and fleet type, most fleet managers expect a significant increase in EVs to enter their fleets over the next five years. Almost half of those surveyed stated that 50% or more of their fleet would consist of EVs by 2030. The study underscores the rapid progress in fleet electrification. While EV adoption rates vary by business and fleet type, most fleet managers expect a significant...
PR Newswire
18/09/2024
HONGQI Provides Official Vehicles for the 2024 Summit of the Forum on…
This was not the first time HONGQI had been entrusted with such a prestigious responsibility. In 2018, the brand successfully provided 270 HONGQI H7 vehicles for FOCAC, delivering excellent service. Six years later, HONGQI once again led the way, showcasing the advancement of China's automotive industry and its ability to meet the highest international standards. This was not the first time HONGQI had been entrusted with such a prestigious responsibility. In 2018, the brand successfully...
PR Newswire
18/09/2024
Foton Motor & ZF: Hybrid Cooperation For Greener, advanced Commercial Vehicles
Based on the successful experience in the TraXon commercial vehicle automatic transmission and electric drive project, the joint venture - ZF Foton Automatic Transmission (Jiaxing) Co., Ltd., will obtain exclusive technology license in China and be responsible for the production and manufacturing of this innovative product. Based on the successful experience in the TraXon commercial vehicle automatic transmission and electric drive project, the joint venture - ZF Foton Automatic Transmission…
PR Newswire
18/09/2024
Breakthrough in the electrification of commercial vehicles: CATL Unveils…
Unmatched Energy Density, Fast Charge and Lifespan: The Future of Electric Trucks and Buses Unmatched Energy Density, Fast Charge and Lifespan: The Future of Electric Trucks and Buses For heavy-duty trucks, CATL introduces two groundbreaking products: the TECTRANS - T Superfast Charging Edition and the TECTRANS - T Long Life Edition. The Superfast Charging Edition features a remarkable 4C peak charging rate, allowing for a 70% charge in just 15 minutes. This rapid charging capability...
PR Newswire
17/09/2024
Estonia Elevates Intelligent Transport Systems at ITS World Congress 2024
Leading the delegation, Ambassador ofEstoniato the UAE Maria Belovas stressed the importance of the engagement. ''We are here to leverageEstonia'scutting-edge expertise in the ITS sector, with a special focus on the Gulf region, which is rapidly establishing itself as a global leader in smart mobility.Estoniais happy to be a part of shaping the future of transportation''. Estonia'sshowcase at the ITS World Congress features a range of innovations across the ITS spectrum...
PR Newswire
17/09/2024
Electric Vehicle Infrastructures Market to Reach $270.5 Billion, Globally, by…
The global electric vehicle infrastructure market is witnessing rapid growth, driven by the increasing adoption of electric vehicles worldwide. Governments and private enterprises are investing heavily in expanding charging networks to meet the rising demand for EVs. This growth is bolstered by supportive policies and incentives aimed at reducing carbon emissions and combating climate change. Technological advancements in charging solutions, such as fast charging and wireless charging, are…
PR Newswire
17/09/2024
Svitzer places order to build the world's first battery electric methanol tug
Svitzer has contracted Uzmar shipyard to build a first of its kind battery-methanol tug for delivery in H2 2025. The 6MWh battery-powered tug will be deployed in Gothenburg and provide zero-emission services across a quarter of Svitzer's operations in the port.Copenhagen, 17 September 2024:Svitzer, a leading global towage provider, has today announced that it has signed a contract with the Turkish shipyard Uzmar to build a world-first battery-methanol tug. The tug will be based on...
Nasdaq GlobeNewswire
17/09/2024
Autoliv appoints Fabien Dumont as Executive Vice President & Chief Technology…
China is an increasingly important innovation and growth hub for the global automotive industry, where the technology development is intense, with faster timelines to bring new products to market and a growing level of innovations. Chinais an increasingly important innovation and growth hub for the global automotive industry, where the technology development is intense, with faster timelines to bring new products to market and a growing level of innovations. " Fabien Dumont'sexperience...
PR Newswire
17/09/2024
Pallet Four-Way Shuttle Market Size to Grow USD 772.8 Million by 2030 at a CAGR…
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-30A12311/Global_Pallet_Four_way_Shuttle_Market_Research_Report Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-30A12311/Global_Pallet_Four_way_Shuttle_Market_Research_Report Major Factors Driving the Growth of Pallet Four-Way Shuttle Market The Pallet Four-way Shuttle market is growing rapidly, driven by the increasing need for efficient material handling solutions in industries such as...
PR Newswire
17/09/2024
Compagnie de l'Odet : Results in line with expectations after significant…
First-half 2024 resultsSeptember 16, 2024 Results in line with expectations after significant changes in scopeChanges in the scope of consolidation and reclassifications to discontinued operations and assets held for sale in accordance with IFRS 5 include:- Bolloré Logistics, sold on February 29, 2024, reclassified in 2023 as a business held for sale;- Lagardère, fully consolidated by Vivendi as of December 1, 2023;- Editis,...
Nasdaq GlobeNewswire
16/09/2024
Commercial Airport Lighting Market to Reach $1.3 Billion, Globally, by 2033 at…
Prime determinants of growth Prime determinants of growth The global commercial airport lighting market has experienced growth due to expansion & modernization projects, increase in air traffic, and airline industry growth. However, high initial investment, maintenance challenges, and limited airport expansion opportunities hinder market growth. Moreover, upcoming airport expansion projects and retrofitting existing infrastructure are expected to offer many opportunities for the...
PR Newswire
16/09/2024
SHARE BUYBACK TRANSACTIONS
COMPANY ANNOUNCEMENT no. 68 - 16 September 2024 On 9 February 2024, DFDS A/S (“DFDS”) announced the initiation of a share buyback programme to be executed in accordance with EU Market Abuse Regulation, EU Regulation no. 596/2014 of 16 April 2014, and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Rules”). Under the programme, DFDS will repurchase own shares of up to DKK 431m during the period from 12 February 2024 to 31 December...
Nasdaq GlobeNewswire
16/09/2024
Höegh LNG announces name change to Höegh Evi
"In a world of rapid change and evolving energy demands, customers need a partner to help them balance today's energy security needs with tomorrow's clean energy ambitions. Höegh Evi will continue to be a leading provider of floating LNG infrastructure while we are also applying our skills and experience to bring marine infrastructure for clean molecules into operation by the end of this decade," said Erik Nyheim, President & CEO of Höegh Evi. "In a world of rapid change and…
PR Newswire
16/09/2024
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