Industrial Robot Installations Fall in EU Automotive Industry While Global Demand Doubles
The European Union's automotive industry recorded a 5% year-on-year decline in industrial robot installations in 2024, with only 30,650 units deployed across the bloc's vehicle-producing countries. This contraction comes despite the automotive sector traditionally accounting for approximately one-quarter of all global robot installations, according to the World Robotics 2025 Industrial...
Thyssenkrupp Marine Systems (TKMS), Germany's largest naval...
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Thyssenkrupp Marine Systems (TKMS), Germany's largest naval shipbuilder, made a strong debut on the Frankfurt Stock Exchange Monday, with shares trading significantly above initial expectations. The stock opened at €60 per share, far surpassing analyst forecasts of approximately €36, and surged as much as 23% to €73.90 during early trading before settling around €89 by midday. The robust...
