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Sika Reduces Family's Rights to Stop a Sale to Saint-Gobain

2015-04-14 21:05:56| Chemicals - Topix.net

BAAR, Switzerland-Swiss chemical maker Sika AG on Tuesday reduced the voting rights of its founding family, a move designed to thwart the proposed sale of their stake to France's Saint-Gobain SA. At the company's annual meeting, the board capped the family's voting rights at 5%, severely limiting the appeal of their stake.

Tags: to rights sale stop

 

Tuenti hits 240,000 mobile customers, reduces losses

2015-04-14 09:31:00| Telecompaper Headlines

(Telecompaper) Spanish company Tuenti has announced that 98 percent of its revenues now come from its Tuenti Movil MVNO, completing the transformation from its origins as a social network. In a blog post, the company revealed that its revenues for 2014 came in at EUR 21 million, around 25 percent up on the previous year's result, thanks above all to the 72 percent growth of its MVNO, which now has a customer base of 240,000 just over three years after launching in February 2012. "We've reinvented Tuenti, as a product, as a company and as a business model. Our revenues have more than doubled since 2010 when they came exclusively from advertising," said Tuenti CEO Sebas Muriel. According to Europa Press, the company reduced its overall losses by 33 percent in 2014, to a negative EUR 16 million.

Tags: mobile customers hits losses

 
 

Ladder Stabilizer reduces movement and associated risk.

2015-04-10 14:31:07| Industrial Newsroom - All News for Today

Attaching to 2 in. receiver hitch on vehicle by way of Monkeyrack Bolt-on Attachment, Monkeyrack Ladder Stabilization System helps eliminate extension ladder injuries caused by ladder movement. Vehicle acts as anchor to eliminate movement or shifting of extension ladder, and ground level installation provides secure climbing environment from first step. Design automatically sets extension ladder at recommended angle, enables installation in 3–5 min, and exceeds recommended points of contact.

Tags: risk movement reduces ladder

 

Liquid cooling in Siemens converters reduces energy consumption

2015-04-09 16:40:04| Telecom - Topix.net

Thanks to the sealed cabinet system, the liquid-cooled Sinamics S120 Cabinet Modules frequency converter is ideally suited for use in harsh environments. Efficient heat dissipation means there is no need for air conditioning, which markedly reduces energy consumption.

Tags: energy siemens liquid consumption

 

Liquid cooling in Siemens converters reduces energy consumption

2015-04-09 15:37:36| Industrial Machines - Topix.net

Thanks to the sealed cabinet system, the liquid-cooled Sinamics S120 Cabinet Modules frequency converter is ideally suited for use in harsh environments. Efficient heat dissipation means there is no need for air conditioning, which markedly reduces energy consumption.

Tags: energy siemens liquid consumption

 

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