Electrolux Group retains business in Egypt with intention to grow

Electrolux Group retains business in Egypt with intention to grow

STOCKHOLM, Feb. 25, 2025 /PRNewswire/ -- After an evaluation of various alternatives, Electrolux Group has decided to retain its business in Egypt since the value is considered to be higher if it remains within the Group. The business in Egypt...

Global Grid Digitalization Investment to Hit US$150 Billion by 2030 Amid Growing Demand for Energy Capacity and Flexibility

Global Grid Digitalization Investment to Hit US$150 Billion by 2030 Amid Growing Demand for Energy Capacity and Flexibility

NEW YORK, Jan. 9, 2025 /PRNewswire/ -- Investments in energy grid modernization and digitalization have not kept pace with energy demands and requirements over the past years. Given rapid electrification and the ongoing energy transition toward net...

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