Note: This story was updated March 29 with more details about the 904 P-Tier.
It is no secret that Russia's KAMAZ equipped heavy vehicles with a capacity of more than 20 tons only with German 16-speed ZF gearboxes. And now the manufacturer stops exporting such units to Russia.
Since Putin's barbaric military invasion of Ukraine, 380 foreign companies have announced their withdrawal from Russia, although some have feared and continue to operate in Russia.
The Bank of Russia has approved a bill from the Ministry of Economic Development of the Russian Federation on the external management and nationalization of companies and banks that are leaving the Russian Federation because of the aggressor's war against Ukraine.
Known primarily in the U.S. for its excavators and wheel loaders, Doosan is entering new territory in construction equipment with its first ever dozers.
The European Bank for Reconstruction and Development (EBRD) has announced an initial €2 billion resilience package of measures to help citizens, companies and countries affected by the war on Ukraine. The Bank has also pledged to do all it can to help with the country’s reconstruction, once conditions allow.
Kobelco's new 20-ton SK-Series excavator, the SK210LC-11, offers more standard features, an improved cabin, increased performance and easier maintenance.
John Deere has launched the first excavators under its new Performance Tiering strategy – the mid-sized 350 P-tier and 380 P-tier. These revamped machines support on-demand safety, comfort, and control — all while delivering the power needed for high production on the job, the company says.
Information in Ukrainian on the Law is available at http://w1.c1.rada.gov.ua/pls/zweb2/webproc4_2?id=&pf3516=7108&skl=10.
Doosan began rolling out is completely redesigned wheel loader lineup in 2021 and has continued to introduce models to the U.S. market.
During 2022, the Group will continue the environmental modernisation of its facilities. A key project is the reconstruction of the dedusting systems in Azovstal’s basic oxygen furnace shop. The new dedusting systems are due to be commissioned in phases during the period 2022-23. It is expected to be the largest environmental project in the Group's history, with investments exceeding US$180 million.
According to SpecMachinery.com.ua, these are four-wheeled Volvo L120Gz cars designed to work in the most difficult operating conditions.
Investohills Helianthus Investment Fund founded by Emso Asset Management Limited (USA, UK) and APartners Capital Investment Management Limited (Italy, Malta) international groups made a deal with Investohills Vesta Financial Company to buy out the company’s portfolio of distressed assets that its Ukrainian investors bought from the Deposit Guarantee Fund in 2018-2020.
HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies for automotive, consumer and enterprise markets, today announced the acquisition of Apostera, a Germany-based automotive technology company.