Boulogne-Billancourt (France) and Turin (Italy), January 10, 2023 – Renault Group, and PUNCH Torino, a well-known center of excellence for propulsion systems and electronics, today announced the signature of a binding Memorandum of Understanding concerning their cooperation on Renault 4-cylinder diesel engines for light commercial vehicles.
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January 9, 2023
Energy prices dropped 6.2% in December, led by crude oil (-10.7%). Non-energy prices gained 1.0%.
December 20, 2022
Could robotics-led injection molding support the manufacture of medical devices? Here, Nigel Smith, CEO of industrial robot specialist TM Robotics, explains how advanced automation and robotics can help manufacturers produce medical innovations.
December 13, 2022
Energy prices dropped 4.5% in November, led by coal (-12.2%) and natural gas in Europe (-8.5%). Non-energy prices gained 0.7%.
November 18, 2022
Continental has announced the third expansion for its Timisoara plant since 2006, naming it a ‘Mega’ factory. German producer of solutions for the automotive industry Continental announced that it completed the expansion of the electronic components factory in western Romania, with an investment value of approximately EUR 40 mln.
November 18, 2022
Energy prices fell 7.5% in October, led by natural gas in Europe (-34%) and the U.S. (-27.6%). Non-energy prices fell 1.2%. Agricultural prices eased 0.7%.
November 8, 2022
A sharp global growth slowdown and concerns about an impending global recession are weighing on commodity prices. In many economies, however, prices in domestic-currency terms remain elevated because of currency depreciations. This could deepen the food and energy crises already underway in a number of countries. As the global growth slowdown intensifies, commodity prices are expected to ease in the next two years, but they will remain considerably above their average over the past five years.