Germany
Turbon announces losses
August 17, 2018
Following the company’s announcement in April that its consolidated sales for 2017 were down by €7.4 million ($8.95 million), Turbon has now revealed it expects a 2018 FY loss of another €7 million ($7.9 million).
KMP announces Chinese investment
August 8, 2018
The German company has revealed that KMP shareholders have acquired a 49 percent ownership stake in Shenzhen Tec-Motion Technology Co., LTD. According to KMP, the Chinese company develops and produces electronic fittings for many fields of application, including power adapters for mobile devices and fitness equipment as well as sensors for health and environment monitoring. KMP explains […]