Suprajit Engineering Limited, a leading Indian automotive component manufacturer, has reported significant growth for the first half of the fiscal year 2024, despite the challenging market landscape. The company’s revenue and EBITDA have both shown notable increases across several divisions, with its standalone business outpacing expectations. Suprajit Engineering’s management highlighted the strength of its core […]
Tata Consultancy Services (TCS) has announced the expansion of its operations in Europe with the opening of a new global delivery centre in Warsaw, Poland. This development is set to significantly increase the company’s presence in the region, drawing from the local talent pool within the Information and Communication Technology (ICT) industry. TCS is planning […]
IPG Photonics Corporation, a global leader in high-power fiber lasers and amplifiers, has exited the Russian market by selling its subsidiary IRE-Polus for $51 million. The sale marks the end of IPG Photonics’ 34-year history in Russia, a significant strategic shift driven by ongoing sanctions following Russia’s invasion of Ukraine. The buyer is a consortium […]
Equinor and Polenergia are on the brink of commencing the construction of two major offshore wind farms in the Baltic Sea, following the recent issuance of a comprehensive set of construction permits by the Pomeranian governor. The Bałtyk 2 and Bałtyk 3 projects, jointly developed by the Norwegian energy giant Equinor and Polish energy firm […]
The Agricultural and Processed Food Products Export Development Authority (APEDA) has facilitated the historic export of India’s first ready-to-drink fig juice, crafted from the geographically indicated (GI) Purandar Figs, to Poland. This landmark shipment, which departed from the Hamburg port in Germany on August 1, 2024, signifies a significant advancement in the global promotion of […]
OX2 has cemented a pivotal asset management agreement with ORLEN Group, covering three significant wind farms in Poland. This partnership encompasses a total capacity of 142 MW across the Ujazd, Dobrzyca, and Wielkopolska wind farms, which collectively boast 49 turbines. This move underscores a significant step in enhancing the operational efficiency and asset value of […]
Pacific Green Technologies, Inc. (OTCQB: PGTK), a global energy storage and environmental technology company, has announced plans to acquire a majority stake in two significant battery energy storage projects in Poland. This acquisition from an international developer marks Pacific Green’s ambitious entry into the Polish market, contributing significantly to its global strategy of expanding its […]
Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) and Toshiba International (Europe) Ltd. (TIL) have entered into a Memorandum of Understanding (MoU) with Rockfin sp. z o.o. and EthosEnergy Poland S.A, setting the stage for collaboration in Poland’s inaugural nuclear energy initiative. This partnership focuses on the supply of equipment and maintenance services essential for […]
HFCL Limited (HFCL), a pioneering technology enterprise and a leader in integrated next-generation communications products, including optical fiber cable (OFC) solutions, has announced a significant strategic expansion into Europe. This expansion is highlighted by the establishment of a state-of-the-art OFC manufacturing plant in Poland, marking a crucial phase in HFCL’s global expansion strategy. This move […]
GE Vernova’s Grid Solutions business, listed under NYSE: GE, in partnership with Polimex Mostostal (PXM), announced their contract to construct the onshore infrastructure essential for the Baltica 2 project, a key phase of the Baltica Offshore Wind Farm in Poland. This collaboration focuses on establishing a 275/400 kV high voltage substation and onshore export lines […]