Posted May 31st, 2021 for SSAB Håkan Folin, Executive Vice President and CFO at SSAB, has decided to leave SSAB to take up the position of Executive Vice President and CFO at Epiroc. Håkan Folin has served as Executive Vice President and CFO and been a member of SSAB’s Group Executive Committee since 2013. Prior to this, he held a number of important roles globally at SSAB. “After 15 years at the company, it’s time for me to move on. Today, SSAB has a unique position on the global high-strength steel market, two very strong home markets and we are also leading the way in the green transition. I’ve had the privilege of being on a fantastic journey at SSAB and of working with many dedicated and experienced colleagues,” said Håkan Folin.
Read more about NGT refuses to allow coal-fired brick kilns in NCR during monsoon months on Business Standard. The National Green Tribunal (NGT) has junked a plea seeking a review of its order banning operation of coal-fired brick kilns in the NCR beyond June during the monsoon months
Read more about Lakshmi Machine Works suspends operations due to COVID on Business Standard. Lakshmi Machine Works said that the operations of textile machinery division (TMD) and machine tools division (MTD) have been suspended from 24 May 2021, until further notice.
In compliance with Govt. of Karnataka directiveABB Power Products and Systems India announced that in compliance with Order dated 07 May 2021 issued by the Government of Karnataka and its subsequent clarifications, for the purpose of breaking chain of COVID 19 transmission, the manufacturing facility of the Company situated in Peenya, Benguluru, Karnataka remains closed effective Monday, 10 May 2021 and as per the aforesaid order.
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As per directives of the local government to combat rising Covid-19 pandemicBosch has suspended its operations at its Nashik Plant from the noon of 12 May 2021 till the midnight of 23 May 2021 to adhere to Break the Chain directive issued by local government for combatting rising in the second wave of COVID-19 pandemic. Consequently, all direct,
indirect and off-roll employees working in manufacturing plants have been directed to stay at home.
The Nashik Plant of Bosch is the local manufacturing hub catering to the demands of common rail systems with key portfolio of injectors and nozzles for passenger cars, heavy & commercial vehicles and tractor segments. The shutdown of operations will marginally impact