Business & Event News

Business News | Nov 30, 2010
Optogan Opens Largest LED Production in Eastern Europe
Deputy Prime Minister of the Russian Federation Sergey Ivanov today unveiled Optogan’s new manufacturing plant in St. Petersburg. With an overall investment of 3.35 billion rubles (80 million euros) it is the largest LED component and module factory in Eastern Europe & CIS. The factory, which will employ up to 800 people, covers 15,000 m2 of floor space 5,000 m2 of which is taken up by a clean room environment. The first production line has an annual production capacity of 360 million LEDs and further capacity extensions are scheduled. Read more »
Business News | Nov 29, 2010
AZZURRO Semiconductors Expands with 14.5 Million Euro from Global Investors
AZZURRO Semiconductors announced the closing of a growth financing round providing production capacity to address significant market demand. The EUR 14.5 million investment round was provided by new investors Wellington Partners, Good Energies and Emerald Technology Ventures and was joined by existing investors Cedrus Private Equity and IBG Innovationsfonds (managed by GoodVent). Read more »
Business News | Nov 24, 2010
Panasonic Electric Works Vossloh-Schwabe Establishes New Company in Republic of Serbia to Manufacture Energy-efficient Electronic Devices for Lighting Equipment
Panasonic Electric Works Vossloh-Schwabe GmbH (head office: Lüdenscheid, Germany, CEO: Klaus Breisch) established a new company in Svilajnac, the Republic of Serbia, to manufacture energy-efficient electronic devices for lighting equipment. The new company is named Panasonic Electric Works Vossloh-Schwabe Serbia d.o.o. The investment amount in the financial year 2010 is approx. EUR 580,000. Mass production will commence in January 2011, to enhance lighting device business in Europe, where energy efficiency improvement efforts are well under way. Read more »
Business News | Nov 23, 2010
Since Three Years, Xicato LED Modules are the First Lighting Products that were Selected as One of BuildingGreen’s Top 10 Products of the Year
Xicato has been selected as one of BuildingGreen’s Top-10 products of the year by the editors of Environmental Building News and GreenSpec®. This ninth annual award recognizes the most innovative and exciting green building products. The Xicato award is the first lighting product to be selected since 2007 due to its efficiency and light quality – the combination providing a “significant advance” according to BuildingGreen’s founder and executive editor Alex Wilson, who describes Xicato as “one of the most exciting companies in the burgeoning LED lighting industry”. Read more »
Business News | Nov 17, 2010
Tridonic Fürstenfeld Launches into the LED Era
The Tridonic production plant in Fürstenfeld, which manufactures magnetic lighting components and is part of the Zumtobel Group, is launching into the LED era and today commissioned its first LED assembly line. The highly automated line represents an initial step towards the volume production of innovative LED chains. Plans envisage commissioning up to three more LED assembly lines by 2013. Annual production capacity is slated to reach 12 million LED modules. The new LED assembly lines represent a total investment of EUR 1.5 million. The plant offers space for expansion to as many as six assembly lines. Production of special LED light engines for use in chiller cabinets has already begun. Read more »
Business News | Nov 17, 2010
Edison-Opto Corporation with Holders Technology plc
Edison-Opto Corporation and Holders Technology plc are pleased to announce their European partnership for the marketing and distribution of high-powered LEDs in Europe. Holders Components (part of the Holde s Technology Group) will service all existing and new European customers from its logistics centres in Frankfurt, Germany and the North and South of the UK. Read more »
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