Liebherr presents new version of its rough-terrain cranes

Liebherr showcases digital solutions at INTERMAT 2024

Liebherr adds theme pavilions to its appearance at Intermat with the approximately 20 exhibits. In the ?Digitalisation? pavilion, the Group showcases which technologies and solutions support customers and partners throughout the entire customer journey. The MyLiebherr customer portal combines digital services and solutions, making customers? work easier. It provides support with the planning, productivity, safety and maintenance of machines and processes. The assistance systems integrated in the machines increase efficiency and productivity and make a significant contribution to the safety and..

Liebherr: 2023 marks yet another record revenue business year

Liebherr?s revenue once again increased significantly compared with the previous year. The Group achieved increased revenues in 11 of its 13 product segments, some of them significant. It surpassed its previous revenue record from 2022 by Euro 1,453 million. At Euro 9,557 million, revenue in the earthmoving, material handling technology, deep foundation machines, mobile and crawler cranes, tower cranes, concrete technology and mining product segments was 11.6 % higher than in the previous year. In the product segments of maritime cranes, aerospace and transportation systems, gear technology an..

Liebherr tower cranes renovate bridge in Spain

Two Liebherr 420 EC-H 16 Litronic tower cranes are currently in Seville, Spain's fourth largest city, where they are helping to renovate the Puente Quinto Centenario road bridge. The bridge, a high-traffic crossing point in Seville, currently spans the Guadalquivir River with three lanes. An extra lane will be added as part of the renovation work so traffic can spread across two lanes in both directions at peak times. Until now, the third lane has either been opened to traffic traveling towards Seville or in the opposite direction out of the city, depending on traffic volume.

A challeng..

Indian Government Reduces Windfall Tax on Crude Petroleum

The Indian government has decided to reduce the windfall tax on crude petroleum, lowering it to Rs 5,700 per metric ton effective from May 16. This decision comes amidst efforts to balance revenue generation with the need to mitigate the impact of high global crude oil prices on domestic consumers and industries.

The windfall tax reduction follows a period of sustained increase in global oil prices, which have posed challenges for India's economy and inflationary pressures. By revising the tax rate downwards, authorities aim to provide relief to consumers while ensuring a stable environ..

Cairn Oil & Gas Reserves Surge

Cairn Oil & Gas, a subsidiary of Vedanta Resources, has reported a significant 19% increase in its oil and gas reserves, now totalling an impressive 1.4 billion barrels of oil equivalent. This notable growth underscores Cairn's robust exploration and production capabilities, solidifying its position as a leading player in India's energy sector.

The increase is attributed to successful exploration activities and efficient reservoir management, which have optimised recovery rates. Cairn's CEO, Nick Walker, highlighted that this achievement aligns with the company's strategic goal..