Intek Group S.p.A.

Siemens has opened a new highly-automated maritime battery factory in Trondheim, Norway, to meet growing demand for electric ferry propulsion. The line can supply batteries for 150–200 ferries per year.

Chinese Hailiang Group agreed to acquire the European brass and copper tube business from KME Germany GmbH & Co. KG, marking its entry into the European market. The transaction includes divisions in Germany, Italy, Spain, and a put option for the French brass business.

Siemens opened an advanced robotized and digitized battery module factory in Trondheim, Norway. The factory will assemble 55 battery modules per shift for the marine and offshore market, with a capacity of up to 300 MWh per year and eight robotic stations.