ABB | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
ABB is a global technology leader in electrification and automation, committed to enabling a more sustainable and resource-efficient...
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ABB is a global technology leader in electrification and automation, committed to enabling a more sustainable and resource-efficient future. With over 140 years of experience and more than 110,000 employees, ABB connects engineering know-how and software to optimize manufacturing, transportation, and energy operations across various industries.
Website
Headquarters
Zurich, ZH
Size
10,001+ employees
Industry
Automation Machinery Manufacturing
Specialities
ABB Ability, Robotics, Industry, Motors and generators, Drives, Smart buildings, E-mobility, Marine vessels, Data centers, Renewable energy, Technology, Energy, Utilities, Transport, Infrastructure, Oil, gas & chemicals, Semiconductors, Measurement & analytics, Control rooms, Factory of the Future, Sustainability, Automation, Electrification, Electric Vehicles
๐๏ธ ABB Product and Pricing News โ
๐ ABB CEO, Management and Leadership Team โ
โ๏ธ ABB Alternatives and Competitors โ
๐ผ ABB Hiring and Layoffs โ
๐ค ABB Developer, Integration and Automation News โ
๐ ABB Financials, Fundraising and Valuation News โ
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๐๏ธ ABB Product and Pricing News
- ABB has introduced the eMine Robot Automated Connection Device (ACD) to fully automate the charging process for battery electric vehicles in mines, enhancing productivity.
- ABB has launched the ERH motor for HVACR applications, offering a highly efficient, compact, and lightweight solution with a plug-and-play design for easy installation and operation.
- ABB is converting Mรผller Technologie AG's diesel locomotives to hybrid, reducing diesel use by up to 85% and extending their lifespan by 25 years.
- ABB has launched the ACQ80 Solar Pump Drive, which uses solar power for emission-free water pumping and operates with both solar panels and grid power.
- ABB Electrification Spain launched a new product campaign for 2025.
- ABB launched the Baldor-Reliance Food Safe SP5+, the first IP69 efficient motor for food production.
- ABB is advancing zero-emission vessels with new battery technology and fuel cells.
- ABB has integrated its ABB Abilityโข OPTIMAXยฎ system with Hynamics to reduce electrical costs in hydrogen production at a facility in Auxerre, France, cutting 2,200 tons of CO2 emissions annually.
๐ ABB CEO, Management and Leadership Team
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CEO & Board Member Private Holding
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Managing Director
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CEO
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Managing Director
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CEO
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Managing Director
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CFO Home Solutions
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Managing Director/CFO
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Managing Director and CEO, ABB India Ltd.
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Managing Director
โ๏ธ ABB Alternatives and Competitors
- Siemens |
- Schneider Electric |
- Rockwell Automation |
- Mitsubishi Electric |
- Honeywell |
- KUKA |
- Wattics |
- Weidmuller |
- GE |
- Hitachi |
- IBM |
- Bosch |
- Samsung |
- Larsen & Toubro |
- Yaskawa Europe |
- Greatoo Intelligent Equipment |
- Jiangsu Hagong Intelligent Robot |
- Siemens Energy |
- Mitsubishi Power
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๐ผ ABB Hiring and Layoffs
- ABB is currently seeking a CUI (Controlled Unclassified Information) Program Manager - CMMC Specialist in the United States.
- Charlotte (Huebner) Nonnemann, PhD has joined ABB as VP Regulatory & Public Affairs | Marine Systems in Denmark, previously serving as Director ESG Public and Regulatory Affairs/ Senior Advisor Renewable Energy, Logistics & Services at A.P. Moller - Maersk.
- Sachin Mathur has joined ABB as Vice President, Global Digital Services in Switzerland, previously holding a position at another company.
- Alan Conn has joined ABB as Managing Director Robotics UK & IE in Northamptonshire, England, after serving as Regional Managing Director Northern & Eastern Europe at B&R Industrial Automation.
- ABB is currently hiring a Business Manager in Czechia.
- ABB is currently hiring a Business Process Manager - Finance in the United States.
- ABB is currently hiring for the position of Engineering Director in Canada.
- ABB is currently hiring for the position of Global Product Manager - Water Analysis in Canada.
๐ค ABB Developer, Integration and Automation News
- ABB CEO Morten Wierod announced the installation of ABB E-mobility EV chargers at NASCAR's Daytona Beach headquarters as part of a collaboration to support NASCAR's clean energy initiatives.
- ABB has partnered with Sage Geosystems to develop Geopressured Geothermal Systems for energy storage and geothermal power generation, aiming to provide up to 150 MW of geothermal baseload power by 2027.
- ABB is collaborating with Topsoe to provide electrolyzers for a green hydrogen factory in Virginia.
- ABB is collaborating with a resort in the Red Sea to provide 100% renewable energy to 92 man-made islands in Saudi Arabia.
- ABB's technology powers and controls the MOSE flood barrier system, protecting Venice from flooding and preserving its heritage.
- ABB is powering Samskip's short-sea container ships in the Netherlands with hydrogen energy, showcasing hydrogen fuel cells as a renewable energy source in shipping.
๐ ABB Financials, Fundraising and Valuation News
- ABB India reported a 54% increase in net profit for the December quarter, reaching Rs 532 crore, driven by higher revenues, and announced a higher dividend of Rs 33.50 per share with the AGM scheduled for May 10.
- Between February 10-12, 2025, ABB repurchased 337,788 shares as part of its share buyback program.
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