News
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Press release
Sustainable Tourism and Emobility: ABB’s EVCI at The Red Sea & AMAALA Destinations in Saudi Arabia
ABB is proud to announce its partnership with Red Sea Global (RSG), the developer behind the regenerative tourism destinations The Red Sea and AMAALA and a cornerstone of Saudi Arabia’s Vision 2030. Under this partnership, ABB will deliver over 1,200 electric vehicle charging infrastructure (EVCI) solutions, marking the largest E-mobility initiative in the Kingdom and one of the most significant
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Group press release
ABB launches new share buyback program of up to $1.5 billion
On February 10, 2025, ABB will launch its previously announced new share buyback program of up to $1.5 billion. Based on the current ABB share price this represents a maximum of approximately 27.6 million shares. The maximum number of shares that may be repurchased under this new program on any given trading day is 663,417. This new program is consistent with ABB’s capital allocation principles
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Group press release
ABB completes 2024 share buyback program
ABB has completed its share buyback program that was launched in April 2024. Through this buyback program, ABB repurchased a total of 16,715,684 shares – equivalent to 0.89 percent of its issued share capital at launch of the buyback program – for a total amount of approximately $0.9 billion. The Board of Directors intends to use the capital band authorized at the ABB 2023 Annual General Meeting
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Group press release
Q4 2024 results
Ending record-high 2024 with strong order growth and positive 2025 outlook
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Press release
ABB and Agilent Technologies enter collaboration to advance laboratory automation
ABB Robotics and Agilent Technologies, a global leader in analytical and laboratory technology and software, have signed a collaboration agreement to deliver automated laboratory solutions. Working together, ABB and Agilent will combine the benefits of their technologies to enable companies across multiple sectors including pharma, biotechnology, energy and food and beverage transform their
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Group press release
ABB and Škoda Group power up Czech railways with new battery-electric trains
ABB and Škoda Group have announced a partnership, the first of its kind between the two companies, that marks a milestone in railway electrification. The collaboration begins with ABB supplying its innovative Traction Battery Pro Series, which is compact and lightweight, and engineered to optimize vehicle performance while significantly reducing maintenance and downtime. The battery packs will be
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Group press release
ABB to acquire Sensorfact expanding its digital energy management offering
ABB is acquiring Sensorfact BV, a fast-growing energy management company headquartered in Utrecht, Netherlands. The acquisition further expands ABB’s digital energy management offering and is expected to close in Q1 2025. Financial terms were not disclosed. Established in 2017, Sensorfact offers a scalable software as a service (SaaS) solution that helps small and medium sized enterprises use AI
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Group press release
ABB to acquire power electronics business of Gamesa Electric
ABB announced today it has signed an agreement to acquire the power electronics business of Gamesa Electric in Spain from Siemens Gamesa to strengthen ABB’s position in the growing market for high-powered renewable power conversion technology. The acquisition will significantly expand ABB’s existing power conversion product and service offering to renewables OEMs and end users, with new portfolio
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Pressemitteilung
Aker Solutions vergibt Auftrag fürOffshoreWindprojekt in Grossbritannien an ABB
Aker Solutions hat ABB einen Front-end-Engineering-and-Design-Auftrag für das schwimmende 560-MW-Offshore-Windprojekt Green Volt in Grossbritannien erteilt, das von Vårgrønn und Flotation Energy geleitet wird. Green Volt, 80 Kilometer vor der Küste von Peterhead im Nordosten Schottlands gelegen, soll Europas erster schwimmender Windpark in kommerziellem Massstab werden und die Dekarbonisierung des
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Group press release
ABB completes second investment in edge-to-cloud solution provider Pratexo
ABB has completed a second strategic investment in US-based technology company Pratexo, an edge-to-cloud software solution provider. The deepening collaboration between both organizations comes as companies continue to shift from centralized cloud to edge computing and hybrid edge-to-cloud solutions for better operational technology management. Financial details of the investment were not
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Event
Celebrate Pakistan Independence Day 2024 by planting a tree!
This August 14, 2024, ABB Pakistan marked Pakistan’s Independence Day in a unique way with the “Plant a Tree” campaign. Designed to promote environmental stewardship and foster community engagement, this initiative aims to combat deforestation and climate change while celebrating the beauty of Pakistan’s natural heritage. With urban areas expanding rapidly, and green spaces diminishing, it
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Group press release
ABB opens new $100 million campus in Wisconsin
ABB today began the phased opening of a new $100 million campus in New Berlin, Wisconsin to increase U.S. production capacity of industrial electric drives and service to fully meet Build America Buy America Act (BABAA) requirements. ABB employees, elected officials, education leaders, and media gathered for a ribbon cutting event to mark the first phase opening of the campus. “ABB is a technology
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Group press release
Q3 2024 results
Order growth and record level margin
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Press release
ABB launches groundbreaking Ultra Accuracy for GoFa™ cobots
ABB Robotics today launched Ultra Accuracy, a new industry-leading feature for its GoFa cobot family that delivers the highest level of precision available in cobots, enabling over 10 times greater path accuracy vs. other cobots on the market. With its superior performance, Ultra Accuracy meets the demands of applications where exact positioning is crucial for maintaining product quality and
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External web story
Common values make DS Smith and ABB partners for power and paper
DS Smith and ABB have formed a strategic partnership rooted in shared values and in support of sustainability goals. As DS Smith's mill in Porcari, Lucca in Italy, embarks on an automation upgrade journey, ABB's expertise emerges as the catalyst for transformation. Together the two companies are helping shape the future of power and paper.
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Press release
ABB launches new digital tool to further maximize uptime of gearless mill drives in mineral processing
ABB has developed a new tool within its ABB Ability™ Predictive Maintenance for Grinding (PMG) platform, designed to make troubleshooting and diagnostics in mineral processing faster and more efficient than ever before. Traditionally, troubleshooting for grinding technology has required the onsite presence of an engineer or a direct remote access to the plant to identify the source of problems.
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Group press release
ABB to acquire Födisch Group strengthening global leadership in continuous emission monitoring
ABB today announced that it has signed an agreement to acquire Födisch Group, a leading developer of advanced measurement and analytical solutions for the energy and industrial sectors. The acquisition enhances ABB’s offering in continuous emission monitoring systems (CEMS) and bolsters its competitiveness in technology and innovation. Through the acquisition, ABB will widen its portfolio to meet
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Press release
ABB technology automates giant solar energy farm in Abu Dhabi
The Al Dhafra PV2 Solar project in Abu Dhabi – for which ABB supplies automation and optimization power generation solutions – is now exporting 100 percent of its designed capacity onto the grid. Covering an area of 20 square km in the Al Dhafra region, located around 30 km south of Abu Dhabi City, the 2 GW plant uses four million solar modules to generate enough electricity for 200,000 homes
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Group press release
Q2 2024 results
Solid demand; record-high Operational EBITA margin
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