Nachi-Fujikoshi Corp (6474.T)
22 Nov 2017
Latest Key Developments (Source: Significant Developments)
Nachi-Fujikoshi and unit reach settlement with Administrative Council for Economic Defense of Brazil
Nachi-Fujikoshi Corp <6474.T>: Says the company and its Brazil-based unit NACHI BRASIL LTDA. have reached settlement with the Administrative Council for Economic Defense of Brazil, and agreed to pay 314 Brazilian real(about 97 million yen) as settlement .Says the company and its unit have been surveyed by the Administrative Council for Economic Defense of Brazil on the suspicion of breaking the competition laws of Brazil. Full Article
FRANKFURT, Sept 27 Global sales of industrial robots rose by 16 percent in 2016, driven by the electronics industry, and are expected to rise faster in 2017, the International Federation of Robotics (IFR) said on Wednesday.