News

How ROMBAT boosts manufacturing using smart technology from...

October 9, 2022

In recent years, companies with a history in Romania have understood that collaborating with local start-ups gives an opportunity to digitalize. KFactory assisted ROMBAT, one of the most renowned industrial businesses in Romania, in digitizing its production lines.

ROMBAT has been operating on the Romanian market for over 40 years and it is the market leader in batteries for cars, trucks or motorcycles. Also, the company from Bistrița has multiple collaborations with international manufacturers being their battery supplier.

Latest commodity prices: October 2022

October 5, 2022

Energy prices fell 8.1% in September, led by natural gas Europe (-15.6%) and crude oil (-8.1%). Non-energy prices fell 1.7%. Agricultural prices eased 0.8%.

CATL announces its second European battery plant in Hungary

September 26, 2022

Contemporary Amperex Technology Co., Limited (CATL) officially announced it will invest 7.34 billion euros to build a 100 GWh battery plant in Debrecen of east Hungary, which is also its second battery plant in Europe following its German plant. Subject to the shareholder meeting approval, construction of the first production facilities will start within this year.

Covering an area of 221 hectares in the Southern Industrial Park of Debrecen, the project will supply both cells and modules to European automakers.

Toyota will convert some engine plants into battery...

September 7, 2022

Last week, Toyota announced a $5.6 billion push to expand EV battery production in Japan and the US, which includes an additional $2.5 billion investment in its North Carolina plant. Japanese automaker Toyota laid out last week an $5.6 billion investment plan to build batteries, making moves to convert two engine and powertrain plants near its Japanese headquarters to produce EV batteries instead.

Latest commodity prices: September 2022

September 6, 2022

Energy prices gained 1,3% in August, led by coal +14,1%, and natural gas Europe +36,5%. Non-energy prices changed little as a group.

Saint-Gobain acquired V-system Elektro, expanding in the...

August 20, 2022

Saint-Gobain has finalized the acquisition of V-system Elektro, a company that has been active in the Czech and Slovak markets for 20 years in the field of solutions for passive or low-energy buildings.

Kuehne+Nagel supports the construction of one of Europe’s...