Hitachi

Turkey's president may have a new five-year mandate but he has no magic wand for the country's ailing economy, experts warn. Some fear the worst is still to come.

The European Train Control System (ETCS) suffered the same fate as the automatic signaling system, which was not in place at the time of the February 28 railway collision.

“One-way ticket to Mars, please”

Spring graduation ceremonies in Japan have been canceled because of the coronavirus pandemic, but students at one school were able to attend remotely by controlling avatar robots while logged on at home.

The robots, dubbed "Newme" by developer ANA Holdings, were dressed in graduation caps and gowns for the ceremony at the Business Breakthrough University in Tokyo.

The three consortiums bidding for the construction project of the fourth Athens metro line have been short-listed for the second stage of the tender. The three suitors have been asked to table their financial and technical offers by December 10, so that the selection process for the biggest public works project of the next decade can begin.

Hitachi, which recently acquired Turkey's Kurt&Kurt, has declared Turkey as its regional hub in healthcare.

Turkey will be positioned as the fifth strategic center for the global operations of Hitachi in healthcare business, according to a release published after a press meeting of the company on April 11. 

Hitachi has announced that it has entered into an agreement to acquire a 75 percent stake in Turkey's Kurt & Kurt and aims to make it a consolidated subsidiary of Hitachi by April 1, 2017.

Hitachi Turkey General Manager Erman Akgün has said the company is at a serious point in talks with the Istanbul Metropolitan Municipality to take part in a new air rail (havaray) project to help relieve traffic in the notoriously congested city. 

Akgün said the company may use long-term financing in the Japanese yen from a number of Japanese state-backed financial institutions.