Zurich, Switzerland, July 24, 2008 - ABB reported record orders, revenues and earnings before interest and taxes (EBIT) in the second quarter of 2008, with net income reaching $975 million. Global demand for ABB’s core technologies to provide reliable electrical power and improved industrial efficiency remained robust, while ongoing operational improvements contributed to increased profitability.
2008-08-19: ABB recognised as a company where work-life harmony is a priority
2008-06-04: Singapore buildings that use ABB i-bus were nominees for prestigious global award
2008-05-24: SP PowerAssets has placed two orders fro the supply, delivery and installation of 370 units of distribution transformers and seven units of power transformers
2008-05-24: ABB received a service order recently from PowerSeraya to provide onsite diagnostic as part of the investigation of its transformer
2008-09-05: ABB’s high-voltage power cable factory in Sweden is one of the most modern cable factories in the world, and has supplied dozens of power projects around the world, including the 580-km long link that now connects the power grids of Norway and the Netherlands. NorNed, the world’s longest submarine power link, passed operational tests at the end of June.
2008-09-03: In the third part of our series on efforts to raise energy efficiency at our own facilities, we turn to Asia. A service facility in Singapore has reduced energy consumption by 15 percent in 2007 compared with 2005 by establishing some basic ground rules of energy use.
2008-08-26: ABB is cutting energy consumption in its factories to reduce its environmental impact and save costs. In the second part in our series on the savings achieved at sites around the world, we journey to Italy to discover how a plastic processing plant has used ABB technology to cut the energy used by stamping machines.
2008-08-18: ABB improves energy efficiency for customers, but what about for itself? In the first of a series of stories on how ABB is cutting consumption in its own operations, we look at how simple measures had a big impact at the Coral Springs plant in Florida.