ABB restructures

    ABB restructures

    International engineering group ABB is to make changes to its group management structure aimed at boosting business growth areas. The changes will effectively alter the company`s regional reporting structure and recast business activities along global lines.

    Two new business segments will be created – Power Transmission and Power Distribution. The Power Generation unit will remain largely unchanged. Power Transmission will comprise mainly the high voltage part of ABB`s transmission and distribution systems.

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