![]() Hitachi ABB Power Grids launches new transformers for floating offshore wind power. Related: Shedding light on the Hitachi/ABB. Hitachi is a japanese multinational engineering and electronics. Today, the company is announcing that the former name, Hitachi ABB Power Grids, has been officially changed to simply Hitachi Energy. Headquartered in Switzerland, the business serves utility, industry and infrastructure customers across the value chain, and emerging areas like sustainable mobility, smart cities, energy storage and. The Mission, Values and Vision are made to be shared in a simple concept: Hitachi Group Identity. This summer Hitachi announced its intention to change its name to Hitachi Energy and drop the joint venture name it adopted when it purchased the grid business from ABB. Hitachi ABB Power Grids is global technology leader with a combined heritage of almost 250 years, employing around 36,000 people in 90 countries. It is an expression of what the Hitachi Group aims to become in the future as it advances to its next stage of growth. 448 views Source: TradeArabia Hitachi ABB Power Grid Hitachi ABB Power Grids has announced that it will be evolving to become Hitachi Energy from October 2021. ![]() The Vision has been created based on the Mission and Values. The Values reflect the Hitachi Founding Spirit, which was shaped by the achievements of our company predecessors as they worked hard to fulfill Hitachi's Mission. ABB Power Conversion designs and manufactures power solutions for 5G, wireless, data center, and industrial applications that require quality, reliability. In March 2020, ABB announced that it had agreed to. Originally set by Hitachi founder Namihei Odaira, the Mission has been carefully passed on to generations of employees and stakeholders throughout the company's 100-year history. The former Power Grids division is now a part of the Hitachi Group and has been rebranded to Hitachi Energy. It is ranked 38th in the 2012 Fortune Global 500 and 129th in the 2012 Forbes Global 2000. Hitachi is listed on the Tokyo Stock Exchange and Nagoya Stock Exchange and its Tokyo listing is a constituent of the Nikkei 225 and TOPIX Core30 indices. As of 2020, Hitachi conducts business ranging from IT, including AI, the Internet of Things, and big data, to infrastructure. It is the parent company of the Hitachi Group and had formed part of the Nissan zaibatsu and later DKB Group and Fuyo Group of companies before DKB and Fuji Bank (the core Fuyo Group company) merged into the Mizuho Financial Group. ![]() ABB is traded on the SIX Swiss Exchange in Zrich, Nasdaq. Hitachi, Ltd.) is a Japanese multinational conglomerate corporation headquartered in Chiyoda, Tokyo, Japan. Until the sale of its Power Grids division in 2020, ABB was Switzerlands largest industrial employer. ![]()
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