London, 15th February 2017 --- Horizon Nuclear Power and Exelon Generation today announced a partnership to advance Horizon’s progress towards becoming a world class nuclear operator. Exelon Generation, a leader in nuclear safety and operational excellence, operates the largest fleet of nuclear plants in the United States. This new operating partnership brings Exelon’s experience to Horizon as it grows its own expertise and capability to operate a next generation nuclear power station at Wylfa Newydd on Anglesey, North Wales.
Naples, Italy, February 13, 2017 -- Hitachi Rail Italy today announced that it has been awarded a contract, signed February 8th, worth 106 million EUR from Azienda Trasporti Milanesi (ATM) to manufacture an additional 15 “Leonardo” metro trains for the city of Milan.
Tokyo, February 8, 2017 --- Hitachi, Ltd. commented on the captioned matter as follows.
Tokyo, February 7, 2017 --- Hitachi Automotive Systems, Ltd., and Honda Motor Co., Ltd., today announced the signing of a Memorandum of Understanding ("MoU") on Feb. 3, aiming to establish a joint venture company for the development, manufacture and sales of motors for electric vehicles. The two companies now will conduct formal discussions regarding the establishment of the new company.
Tokyo, February 1, 2017 --- Hitachi, Ltd. today announced its consolidated financial results for the third quarter of fiscal 2016, ended December 31, 2016.
Tokyo, February 1, 2017 --- Hitachi, Ltd. today announced the following executive changes in accordance with a resolution passed by a meeting of the Board of Directors. The appointments take effect on April 1, 2017.
Tokyo, February 1, 2017 --- Hitachi, Ltd. today announced that it will strengthen business structure in order to achieve further growth through the global rollout of Social Innovation Business using digital technologies.
Milan, January 31st 2017 ---
- Order backlog at EUR 6,488.4 million, +1.2% y/y
- New Orders at EUR 1,475.8 million, +10.5% y/y
- Revenue of EUR 1,327.4 million, -4.1% y/y
- EBIT of EUR 126.8 million, -6.6% y/y. EBIT margin (ROS) at 9.6%, compared to 9.8% in 2015
- Net Result of EUR 77.9 million, -16.3% y/y, equivalent to 5.9% of revenues
- Net Financial Position (cash surplus) of EUR (338.0) million, in line with the 2015 amount of EUR (338.7) million
Genoa, 19 January 2017 --- The ordinary Shareholders’ Meeting of Ansaldo STS S.p.A., held today, in consideration of the resignation filed by KPMG S.p.A., has appointed Ernst & Young S.p.A. as external auditor of the Company for the financial years 2016 - 2024.
Tokyo, Japan, January 13, 2017 --- Hitachi, Ltd. (TSE:6501, “Hitachi”) today announced that it has executed an agreement (the “Agreement”) with HK Holdings Co., Ltd. (Representative Director: William Janetschek; the “Offeror”), all of whose issued shares are owned by investment funds related to Kohlberg Kravis Roberts & Co. L.P. (Co-Chairman and Co-CEO: Henry R. Kravis, George R. Roberts; including affiliate companies and other related business entities, collectively referred to as “KKR”), regarding to a tender offer made by the Offeror (the “Tender Offer”).