German auto parts maker Schaeffler said its board has approved the re-appointment of Harsha Kadam as the Managing Director (MD) and CEO of its India arm for a period of three years, effective from October 1, 2024, according to PTI report. Kadam, who joined Schaeffler India in 2018, was appointed as the MD and CEO…
The Supervisory Board of Schaeffler AG has appointed Dr. Astrid Fontaine as Chief Human Resources Officer and as a full member of the Board of Managing Directors of Schaeffler AG, effective January 1, 2024. Dr. Fontaine has extensive and long-term international experience in the HR departments of well-known major automobile manufacturers. Dr. Astrid Fontaine is…
German automotive supplier Schaeffler has agreed to buy Sweden’s Ewellix Group from investment company Triton for about 582 million euros ($594 million), according to Reuters report. Schaeffler said the purchase continues the expansion of its industrial division and is expected to lift earnings in 2024. Ewellix, which makes components including telescopic lifting columns, employs nearly…
Dematic, the Atlanta (USA)- based global leader in Intralogistics automation, has appointed Biswajyoti Mandal to lead its India operation, according to ETAuto report. Biswa, as he’s more popularly known, leaves Schaeffler India, after about four years in the company, where he was responsible for evolving and maintaining technology solutions, and providing technology support to new…
Tata Elxsi, a global design and technology services company, announced the opening of a Global Engineering Center (GEC) with Schaeffler Technologies AG & Co. KG, a world leader in providing mechatronics solutions for the Transportation industry. Tata Elxsi has been selected as the Global engineering services partner by Schaeffler, and the GEC is part of…
Pennar Industries Limited, a leading value-added engineering products and solutions company, announced that it has bagged orders worth ₹550crore across its business verticals during the month of February 2020. The Pre-Engineered Buildings division received orders for Manufacturing Plants, Airport Terminal, Solar Mounting Structures and Warehouses from leading names such as MRF, Mega Wide – GMR…