Europe

The UK’s largest airline, easyJet, has announced that it will open a new base at London Southend Airport from April 2012.

The base will open with three A319 aircraft and over 150 employees, with around 800,000 passengers expected to fly in the first year.

Seventy easyJet flights per week will operate to around 10 different European destinations including Barcelona, Faro and Ibiza. Tickets will go on sale at the end of July this year.

The new base will be easyJet’s eleventh in the UK.

Swedish telecommunications operator Ericsson has agreed to acquire New Jersey, US-based Telcordia for $1.15 billion.

Telcordia develops mobile, broadband and enterprise communications software and services within the operations support systems/business support systems (OSS/BSS) field.

Ericsson said Telcordia’s core competence and leading market position within the OSS/BSS market would reinforce and expand its own existing competences.

Wood Group PSN has announced the extension of its contract with TAQA Bratani by a further five years.

Under the terms of the services contract, Wood Group PSN will provide operations and maintenance support, and engineering and construction services, to TAQA's Cormorant Alpha, North Cormorant, Tern and Eider platforms in the northern North Sea.

The contract is an extension of the previous duty holder and integrated facility management services contract that was awarded to Wood Group in November 2008.

Copper producer Kazakhmys has announced the signing of a memorandum of understanding with the China Development Bank for a $1.5 billion loan.

The money will be used to develop the company’s major copper project at Aktogay in Kazakhstan.

Gold mining company Pan African Resources has reported “encouraging” results from its drilling programme at a tailings dam at Barberton Mines in South Africa.

The drilling, on the Bramber tailings dam, revealed a resource of 148,000oz at a grade of 1.47g per ton in situ—a relatively high grade for a tailings dam.

Car maker BMW is to invest £500 million in its UK production network, it has been announced.

The company has said it will invest £500 million in UK manufacturing operations over the next three years and has also confirmed that the UK will be a production location for its next generation MINI models.

This takes the company’s investment across all its UK operations to more than £1.5 billion since 2000.

Greek company Raycap has announced the completion of its new photovoltaic power generation facility in Drama, north-eastern Greece.

The new plant, one of the largest solar power plants in northern Greece, is equipped with 18,200 high-efficiency thin-film solar panels, while two 800kW central inverters ensure efficient and reliable power distribution to the grid. The plant is expected to generate two million KWh per annum.

Thomas R. Cutler investigates the role of automated guided vehicles and the need for independent experts to facilitate their implementation in food and consumer packaged goods.

Suppliers of end-of-line automation and material handling in the food sector have a distinct scope of technology to consider, including various types of palletizing robots, stretch wrapping equipment, labeling systems, pallet control systems, and laser-guided automatic vehicles.

John Shook, Chairman and CEO of the Lean Enterprise Institute, says we need to rethink the way we manage our supply chains after the earthquake and tsunami in Japan.

Henry Ford could get the customer any type of Model T as long as it was black, but the Ford Motor Company now finds itself in the strange position of being able to supply vehicles in any color except (metallic) black as a result of the catastrophe in Japan.

There must be fifty ways, we suppose, but George F. Brown, Jr. and David G. Hartman tell us in detail about the five essential factors for being successful in China.