factory
The state-owned Ukrainian Defense Industry company signed a memorandum with U.S.-based Amentum Services on plans to set up a joint enterprise to restore and maintain American-made armored vehicles, the company said on June 13. Amentum Services, Inc is a U.S. government and commercial services contractor located in Virginia. The company's representatives have reportedly visited Ukrainian Defense Industry enterprises and assessed their existing capabilities, technical base, and potential. The memorandum was signed this week by Herman Smetanin, head of the state-owned Ukrainian Defense Industry c...
Kyiv Independent
The state-owned Ukrainian Defense Industry company signed a memorandum with U.S.-based Amentum Services on plans to set up a joint enterprise to restore and maintain American-made armored vehicles, the company said on June 13. Amentum Services, Inc is a U.S. government and commercial services contractor located in Virginia. The company's representatives have reportedly visited Ukrainian Defense Industry enterprises and assessed their existing capabilities, technical base, and potential. The memorandum was signed this week by Herman Smetanin, head of the state-owned Ukrainian Defense Industry c...
Kyiv Independent (UK)
The state-owned Ukrainian Defense Industry company signed a memorandum with U.S.-based Amentum Services on plans to set up a joint enterprise to restore and maintain American-made armored vehicles, the company said on June 13. Amentum Services, Inc is a U.S. government and commercial services contractor located in Virginia. The company's representatives have reportedly visited Ukrainian Defense Industry enterprises and assessed their existing capabilities, technical base, and potential. The memorandum was signed this week by Herman Smetanin, head of the state-owned Ukrainian Defense Industry c...
Kyiv Independent (CA)
A number of European countries including Hungary, Poland, Italy and Spain are looking to entice Chinese electric vehicle (EV) manufacturers to set up factories in their countries. Even though the EU Commission is wary of the influx of cheaper Chinese EVs in the European car making market, individual countries are still offering a range of grants and subsidies for Chinese factories. Individual states see the gains that can be made in the jobs market with the setting up of such factories and thereby providing local economic boosts. Chinese EV manufacturers such as Chery Automobile, BYD and SAIC ...
Euronews (English)
Haribo is in talks with officials in the German city of Neuss regarding the purchase of a 14-hectare site where it hopes to build a new plant. The factory is intended to replace a Haribo facility already in the area, said operations head Markus Riegelein, interviewed by Handelsblatt. The new factory will be twice as big as the previous one, which cannot be expanded at the current location. Speaking of the present facilities, Riegelein remarked: "We cannot meet demand." Haribo is planning to invest €300 million in the new factory, with construction expected to start in 2025, and production earm...
Euronews (English)
One of Britain's biggest microchip plants is at risk of closure, following Apple's cancellation of a major supply deal. The factory, owned by US semiconductor company Coherent, is based in Newton Aycliffe, in County Durham. Apple recently announced it would be changing some of its FaceID features in its upcoming iPhone version, thus not needing Coherent's chips anymore. The UK Coherent factory has been responsible for producing components for the FaceID technology. As Apple was the factory's primary client, the cancellation could mean the plant being shut down, dealing another major blow to th...
Euronews (English)
Germany’s factory orders were up 0.2% in February, a monthly increase that fell short of experts’ forecasts. A Reuters poll of analysts had estimated an increase of 0.8%, whilst Bloomberg had predicted a jump of 0.7%. According to Germany's official statistics agency, this marginal uptick was driven by increased demand in the machinery and equipment sector (+10.7% on the previous month), and more orders within the chemical (+3.1%) and pharmaceutical (+6.6%) industries. Experts slash economic growth forecast for 'ailing' Germany February’s growth figure comes after a dramatic monthly fall of -1...
Euronews (English)
Mayfield (United States) (AFP) - Jemaryon Hart is bruised but grateful just to be alive after seven hours trapped under the rubble of a candle factory in Mayfield, a town devastated by the deadly tornado that swept across the state of Kentucky last Friday. "I'm happy I'm alive," said the 21-year-old, who had been working for 10 days at the candle factory on the western side of the small town. The factory looks like it has been stamped on by a giant's foot, nothing more than a heap of sheet metal, steel and wood that rescuers were methodically clearing in the ever-shrinking hopes of finding su...
AFP
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