News
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US Press Release
ABB and Applied Digital accelerate AI-ready data centers
Applied Digital, a builder and operator of next-generation data centers, has launched an infrastructure partnership with ABB at the company’s greenfield 400 MW campus in North Dakota, United States. The collaboration will innovate fast, reliable, energy-efficient solutions to meet the needs of rapidly advancing artificial intelligence (AI) capabilities. As part of this long-term partnership, the
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Press release
ABB motor sets new world record by achieving 99.13% energy efficiency
• A large synchronous electric motor created for a steel plant in India is the most efficient ever made, thanks to Top Industrial Efficiency design • The steel plant will have estimated electricity cost savings of around $6 million through improved energy efficiency over the motor’s 25-year lifespan • The investment in energy efficiency will have a projected payback period of just over three
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Group press release
Q1 2025 results
Strong start to the year; optimizing value creation with portfolio management
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Group press release
ABB plans to spin off its robotics division as a separately listed company
ABB announced today that it will launch a process to propose to its Annual General Meeting 2026 to decide on a 100 percent spin-off of its Robotics division. The intention is for the business to start trading as a separately listed company during the second quarter of 2026. ABB Robotics is a technology leader and provides intelligent automation solutions to help its global customer base achieve
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Group press release
ABB completes sale of key urban development plot to the City of Zurich
The sale of approximately 25,500 square meters of land in Zurich Oerlikon by ABB (ABB Schweiz AG) to the City of Zurich has been successfully completed on March 27, 2025. The sale of land, comprising construction site D6 and parts of construction site D7, located close to the company’s headquarters, was agreed upon in an urban development contract between the two parties in 2021 and will pave the
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Group press release
ABB shareholders approve all proposals at Annual General Meeting 2025
ABB shareholders have approved all proposals of the company’s Board of Directors at its Annual General Meeting 2025, which was held in Zurich, Switzerland, today. A total of 673 shareholders attended the meeting who, together with the independent proxy, represented 64.7 percent of the total share capital with a right to vote. The shareholders supported the proposed distribution of an increased
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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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