Simulation

12. February 2010

MAGMA establishes subsidiary in the growing Turkish foundry market

also aivaible in MAGMA establishes subsidiary in the growing Turkish foundry market Aachen, February 2010. MAGMA Giessereitechnologie GmbH, provider of casting process simulation software, has established a subsidiary that...

08. February 2010

NovaCast Technologies carries out cash private placement new shares issue of 40 MSEK – state-owned Fouriertransform AB becomes joint owner

NovaCast Technologies carries out cash private placement new shares issue of 40 MSEK – state-owned Fouriertransform AB becomes joint owner NovaCast Technologies’ Board made a decision on February 2 about a cash private...

02. February 2010

NovaCast subsidiary Camito receives new order for

 NovaCast subsidiary Camito receives new order for die shoe castings from Schweikert GmbH, one of Europe’s leading system suppliers of car body parts. The order consists of two smaller CAMITO die shoe castings, a base for...

05. January 2010

MAGMA Engineering Asia-Pacific Pte Ltd on track for expansion

During the last decade casting process simulation has become a mandatory tool for many foundries. They are able to solve their casting or tool design as well as process or production issues economically and in shorter lead times....

04. November 2009

Increased production permit granted to NovaCast subsidiary

Doubled volume and permit for nightly operations granted by County Administrative Board. NovaCast Technologies’ subsidiary Camito Technology Center has been granted a permit for increased production from 10.000 to 20.000 tonnes...

25. October 2009

Orders from Japan, Sweden and The Czech Republic

NovaCast Technologies´subsidiary NovaCast Foundry Solutions has received orders for an ATAS process control system, as well as three NovaFlow&Solid simulation systems from three new customers.  The order value is...

24. March 2009

New financing package for NovaCast Technologies AB ready - 24 MSEK to overcome the 2009 downturn in business cycle

As one of several measures during the temporary downturn in the business cycle NovaCast Technologies AB has reached a new financing agreement with its two banks, as well as with ALMI Skåne. The new credit scope, which was...

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