TATNEFT and Schneider Electric have Signed a Cooperation Intent Agreement
Nail Maganov, General Director of TATNEFT, and Johan Roger S. Vanderplaetse, General Director of Schneider Electric, put their signatures under the document at the meeting of the Board of Directors of JSC Tatneftekhiminvest Holding in the presence of Rustam Minnikhanov, President of the Republic of Tatarstan. The agreement provides for …
Gazprom and Schneider Electric: Sign Scientific & Technical Cooperation and Partnership Agreement
Oleg Aksyutin, Member of the Management Committee, Head of Department of Gazprom, and Clemens Blum, Executive Vice President of Industry Business of Schneider Electric, signed the 2017–2019 Program for scientific & technical cooperation and partnership at the Gazprom headquarters today. Pursuant to the Program, the companies will cooperate in the following areas: development and introduction of smart technologies into …
Schneider Electric Announce 2015 Half Year Results
H1 revenues reached €12.8bn up 9.8%, flat org. in Q2 Adj. EBITA reached €1.6bn, up 6.4%, Adj. EBITA margin flat excl. Invensys in a challenging environment 2015 targets: Around flat organic growth in revenues and a significant growth in adj. EBITA at current FX rates, with a stable to moderate …
Schneider Electric and AVEVA: To Combine Selected Industrial Software Solutions
Schneider Electric SE announces today it has reached a preliminary, non-binding agreement with AVEVA Group PLC (“AVEVA”) on the key terms and conditions of a combination of selected Schneider Electric industrial software assets and AVEVA (forming the “Enlarged AVEVA Group”). It is expected that the proposed transaction would: 1. create …
SIBUR and Schneider Electric Sign Enhancing Energy Efficiency Co-Operation Agreement
Russian petrochemical group SIBUR and Schneider Electric, the global specialist in energy management and automation, have signed a Memorandum of Cooperation. At the Saint-Petersburg International Economic Forum the document was signed by SIBUR’s General Director Dmitry Konov and by Schneider Electric Chairman and CEO Jean-Pascal Tricoire. In partnership with leading …
Schneider Electric: Q3 Revenues of €5.9bn, Organic Growth up 0.7%
Schneider Electric reported today third quarter revenues of €5,901 million, down 3.2% year-on-year on current structure and exchange rate basis. Organic revenues were up 0.7%. – Performance in line with H1, driven by China and North America, while Western Europe remained difficult – Partner observed strong growth of 5% outside …
Schneider Electric to Reinforce Automation Solutions with Purchase of Invensys
The board of Schneider Electric S.A. announced today that it has reached an agreement on the terms of a recommended offer by Schneider Electric to acquire the entire issued and to be issued share capital of Invensys plc. Key highlights A response to Schneider Electric clients’ continual search for higher …