2015-04-30

Osram Board Approves Splitting Lighting Business, 2Q15 Earnings Stable

Osram is systematically tackling its realignment. At yesterday’s meeting, the supervisory board of OSRAM Licht gave the green light for a mandate to examine the carve-out of the general lighting lamps business. As an independent entity, the business could operate more freely on the market and realize strategic options, such as for example partnerships, more easily. The businesses with opto semiconductors, automotive and specialty lighting as well as luminaires, lighting systems and solutions would as a result form the future core business of Osram. With this move, the company will increase its focus on growth, innovation and technology leadership and addresses the different dynamics and requirements in the changing lighting market.
Continue reading

As millions of fans prepare to watch the world’s best soccer players compete this summer, few will realize that one of the tournament’s most important performers is neither a striker nor a goalkeeper - but the grass beneath their f... READ MORE

Absen Europe has opened a group buying promotion for the SA1.5, the latest evolution of its Saturn Series, available exclusively to European rental and staging companies through 30th September 2026. The programme gives partners the ability to bui... READ MORE