Electrical equipment
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| 2024 | Slight revenue decrease to €75.9 billion, but net income further increased to €9.0 billion, with employee count growing to 327,000 |
| November 2024 | Honeywell announced its intention to sell its personal protective equipment business to Protective Industrial Products for $1.33 billion. |
| September 2024 | Received first-ever order to demonstrate methanol firing in a Gas Turbine at the 350 MW Kayamkulam Combined Cycle Power Plant in Kerala. |
| June 2024 | Investigative reports, including an Al Jazeera investigation, alleged Honeywell-manufactured components were used in a missile targeting a school in Gaza, resulting in civilian casualties and sparking international condemnation. |
| June 2024 | Hitachi became the fourth largest company in Japan by market capitalisation, reflecting significant improvement in profitability since 2010. |
| May 2024 | ABB agreed to acquire the wiring accessories business of Siemens in China, gaining access to a distribution network across 230 cities. |
| March 2024 | Siemens announced the creation of a new £100m digital engineering facility in Wiltshire, UK, aimed at replacing its existing rail infrastructure factory in Chippenham with a new research and development centre, expected to open by 2026. |
| February 6 2024 | Honeywell announced it would be spun off into three independent companies following a major stake by activist investor Elliott Investment Management. |
| January 2024 | The United States House Committee on Homeland Security and the House Select Committee on Strategic Competition with China announced an investigation into ABB regarding equipment sold to Chinese state-owned crane manufacturer ZPMC. |
| January 2024 | ABB acquired Real Tech, a Canadian company specializing in optical sensor technology for water monitoring, and also acquired R&D Engineering Firm Meshmind to expand AI and software capabilities. |
| 2023 | Siemens announced a partnership with Nvidia to leverage Nvidia's Omniverse platform with Siemens' 3D design capabilities. |
| 2023 | Reported a revenue of €77.7 billion, marking an 8% increase from the previous fiscal cycle. |
| 2023 | CEO Roland Busch announced the strategic aim to raise software businesses sales share to 20% in the long term. |
| 2023 | Siemens invested €6.1 billion in research and development, with approximately 46,900 employees dedicated to R&D and holding around 43,600 patents worldwide. |
| 2023 | Hitachi Metals was renamed following the complete divestment by Hitachi. |
| 2023 | BHEL and Nuclear Power Corporation of India Limited (NPCIL) signed a Memorandum of Understanding (MoU) to jointly pursue business opportunities in nuclear power plants based on Pressurized Heavy Water Reactor (PHWR) technology. |
| 2023 | Milwaukee Tool ranked No. 63 in Fast Company's Best Workplaces for Innovators |
| 2023 | U.S. lawmakers at the Congressional-Executive Commission on China questioned Milwaukee Tool over allegations of potential forced Uyghur labor used in work glove manufacturing by its suppliers. |
| 2023 | After investigations, Milwaukee Tool discovered multiple instances of counterfeit gloves bearing their brand name being manufactured in China, leading to cutting ties with the specific manufacturer in question. |
| December 2023 | Honeywell acquired Carrier Global's security business for nearly $5 billion to boost its automation portfolio. |
| December 2023 | Siemens shares traded at over US$93 per share, with a market capitalization of US$147 billion. Identified by Ernst & Young as one of only two German companies in the top 100 most valuable companies worldwide. |
| November 1 2023 | Hitachi spins off Hitachi Vantara LLC's digital solutions business into a new company called Hitachi Digital Services, with Hitachi Vantara now focusing on storage and hybrid cloud-centric data infrastructure services. |
| September 2023 | ABB Motion acquired a minority stake in WindESCo, a Burlington-headquartered wind turbine analytics software company, expanding its digital powertrain solutions portfolio. |
| September 2023 | ABB announced a partnership with the Well Done Foundation to monitor methane and greenhouse gas emissions from orphaned wells in the United States. |
| June 2023 | Siemens launched 'Siemens Xcelerator', an open digital platform housing IoT-enabled hardware, software, and digital services from Siemens and third parties, targeting businesses including small and medium-sized enterprises. |
| June 2023 | ABB agreed to acquire Eve Systems, a smart home automation provider. |
| May 2023 | BHEL acknowledged Indian Railways' ambitious targets for technological upgradation, particularly in signaling systems, and committed to participating in the modernization process. |
| March 2023 | Honeywell announced Vimal Kapur as its next CEO, effective June 1, 2023. |
| 2022 | Revenue growth to €71.9 billion, though net income decreased to €3.7 billion, with employee count increasing to 311,000 |
| 2022 | BHEL and Titagarh Wagons formed a consortium and emerged as the second lowest bidder in a Government of India tender to supply 80 Vande Bharat Trains, with BHEL responsible for supplying critical train components including propulsion systems, traction converters, and mechanical bogies. |
| 2022 | Produced first Bus Potential Transformer Module by an Indian manufacturer, achieving 57% cost savings and 80% reduction in panel size and weight compared to conventional designs. |
| 2022 | Milwaukee Tool further advanced to No. 25 in Glassdoor's Employees' Choice Awards for Best Places to Work |
| 2022 | The company invested $206 million in Wisconsin research and development facilities, demonstrating a significant commitment to innovation and local infrastructure. |
| 2022 | Milwaukee Tool opened a 95,000-square-foot manufacturing facility in West Bend, Wisconsin, dedicated to hand tool production, specifically focusing on manufacturing pliers and screwdrivers. The facility also includes the company's right of first refusal to purchase additional adjacent land for potential future expansion. |
| 2022 | Milwaukee Tool recognized by Crain's Chicago Business as one of the Best Places to Work |
| 2022 | Milwaukee Tool broadened their focus by expanding the Packout system to include workshop storage solutions, further developing their innovative storage product line. |
| December 2022 | ABB opened a new 67,000 square metre robotics factory in Shanghai after investing $150 million. |
| December 2022 | ABB was charged by the U.S. Securities and Exchange Commission (SEC) for Foreign Corrupt Practices Act (FCPA) violations in South Africa, ordered to pay $460 million to settle criminal and civil charges. |
| December 2022 | Hitachi confirmed the acquisition of the remaining 19.9% of the Power Grids business from ABB. |
| December 2022 | Hitachi completed the acquisition of the remaining 19.9% of ABB's power grid business, fully integrating the power grid operations and becoming a major supplier of high-voltage direct current transmission systems. |
| August 2022 | Hitachi sold half of its shares in Hitachi Construction Machinery to HCIJ Holdings, a joint venture between Itochu and Japan Industrial Partners, reducing its ownership from 51% to 25.4%. |
| May 2022 | Siemens decided to cease its operations in Russia after 170 years due to the war in Ukraine, affecting approximately 3,000 employees and resulting in a second-quarter loss of US$625 million. |
| 2021 | Gradual recovery with revenue increasing to €62.2 billion and net income rising to €6.1 billion, with workforce stabilizing at 295,000 employees |
| 2021 | Siemens Healthineers acquired Varian Medical Systems, an American company specializing in cancer care technologies. |
| 2021 | Honeywell moved its stock listing from the New York Stock Exchange to the Nasdaq. |
| 2021 | Hitachi sold all of its shares in Hitachi Metals, marking the end of its ownership of the subsidiary that supplied materials for aerospace, automotive, and electronics industries. |
| 2021 | Hitachi acquires GlobalLogic, a digital services company, for US$9.6 billion to strengthen its software development capabilities and support its Lumada strategy. |
| 2021 | Milwaukee Tool improved its ranking to No. 44 in Glassdoor's Employees' Choice Awards for Best Places to Work |
| December 2021 | OPG selected GE-Hitachi to construct two BWRX-300 reactors at the Darlington site in Ontario, Canada, with plans to enter operation in 2028. |
| November 2021 | Honeywell announced the spinoff of its quantum division into a separate company named Quantinuum. |
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