Latest news with #SumitomoElectricWiringSystemsEgypt
See - Sada Elbalad
20-05-2025
- Automotive
- See - Sada Elbalad
Sumitomo Opens Cutting-Edge Factory in Egypt
Ahmed Emam In a major milestone for Egypt's industrial sector, Sumitomo Electric Wiring Systems Egypt, a subsidiary of the global Japanese conglomerate Sumitomo Electric Wiring Systems Europe, inaugurated a state-of-the-art production facility in 10th of Ramadan City. The event featured appearances by Egyptian Prime Minister Mostafa Madbouly and senior government officials. In his address, Ryoji Roshikata, Chairman of Sumitomo Global, expressed deep appreciation for the support provided by the Egyptian government and people, calling the company's journey in Egypt 'exceptional in every way.' 'Today, we proudly celebrate the opening of one of our most advanced factories,' Roshikata said. 'This achievement underscores our commitment to expanding our industrial presence and contributing to Egypt's economic growth.' Reflecting on Sumitomo's history in Egypt, Roshikata highlighted that the company began operations in the country in 2008. Over the past 17 years, he noted, Sumitomo has witnessed 'tremendous growth and development' in the Egyptian market. The group now employs around 12,000 workers across its facilities in Port Said, 6th of October City, and 10th of Ramadan. 'Our workforce is the cornerstone of our success,' he said. 'We are proud of the talented team we have, and we deeply value their dedication and hard work.' Roshikata emphasized that products manufactured in Egypt and marked with 'Made in Egypt' are shipped daily to international markets, significantly enhancing vehicle performance across Europe and beyond. 'These products reflect the core of our industry and highlight the excellence of Egyptian manufacturing,' he said. Furthermore, the chairman commended the local work ethic, the business environment, and Egypt's culture of continuous improvement. He reiterated the company's ongoing commitment to supporting local communities and workforce development, underlining that Sumitomo aspires to be a company known for its contributions to society and the economy. Speaking directly to Prime Minister Madbouly, Roshikata said: 'I deeply appreciate your continued support, which has been fundamental in strengthening the trusted relationship between us. I am committed to reinforcing this bond and ensuring our fruitful cooperation endures.' He concluded his remarks with optimism for the future: 'As we celebrate the opening of this new facility, we also celebrate the bright future ahead. With the dedication of our workforce, the support of our partners, and the cooperation of the Egyptian people, I am confident that Sumitomo will continue to thrive and make a meaningful global impact.' read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Egypt confirms denial of airspace access to US B-52 bombers News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies
Zawya
30-01-2025
- Automotive
- Zawya
IRSC, Sumitomo Electric partner to develop solar PV rooftops in Egypt
Egypt - IRSC, a leader in renewable energy solutions and sustainability, has signed a partnership agreement with Sumitomo Electric Wiring Systems Egypt, a global manufacturer of automotive electrical systems, to design, supply, and install solar PV power plants on the rooftops of Sumitomo's industrial facilities. This collaboration underscores Sumitomo Electric Wiring Systems Egypt's commitment to supporting sustainability, reducing carbon emissions, and improving energy efficiency within its production processes. The initiative also aligns with the company's global vision of adopting environmentally friendly practices to lower its carbon footprint. The project will see solar power plants installed on the rooftops of Sumitomo's facilities in the 10th of Ramadan, 6th of October, and Port Said regions, with an estimated total installed capacity of 3.2 MW peak in the first phase. The solar installations are expected to generate approximately 4.9 GWh annually, helping to reduce electricity consumption from the national grid and cutting CO2 emissions by around 52,700 tons per year. The construction of the plants is scheduled to be completed by the second quarter of 2025. Andrew Daniel, Chairperson of IRSC, expressed enthusiasm about the project, stating, 'This partnership serves as a successful model for adopting clean technologies in Egypt's industrial sector. We look forward to further collaborations with global companies to build a more sustainable future.' Management at Sumitomo Electric Wiring Systems Egypt highlighted the multiple benefits of the project, including significant reductions in electricity costs, enhanced environmental sustainability, and alignment with Egypt's Vision 2030 goals for clean energy transformation. The initiative will also contribute to Egypt's broader objectives of fostering green investments and promoting renewable energy. This project marks the first phase of IRSC's collaboration with Sumitomo Electric Wiring Systems Egypt. Moving forward, IRSC plans to expand its portfolio of integrated solar energy solutions, further supporting industries in Egypt to transition to clean, efficient energy sources.
Daily News Egypt
30-01-2025
- Automotive
- Daily News Egypt
IRSC, Sumitomo Electric partner to develop solar PV rooftops in Egypt
IRSC, a leader in renewable energy solutions and sustainability, has signed a partnership agreement with Sumitomo Electric Wiring Systems Egypt, a global manufacturer of automotive electrical systems, to design, supply, and install solar PV power plants on the rooftops of Sumitomo's industrial facilities. This collaboration underscores Sumitomo Electric Wiring Systems Egypt's commitment to supporting sustainability, reducing carbon emissions, and improving energy efficiency within its production processes. The initiative also aligns with the company's global vision of adopting environmentally friendly practices to lower its carbon footprint. The project will see solar power plants installed on the rooftops of Sumitomo's facilities in the 10th of Ramadan, 6th of October, and Port Said regions, with an estimated total installed capacity of 3.2 MW peak in the first phase. The solar installations are expected to generate approximately 4.9 GWh annually, helping to reduce electricity consumption from the national grid and cutting CO2 emissions by around 52,700 tons per year. The construction of the plants is scheduled to be completed by the second quarter of 2025. Andrew Daniel, Chairperson of IRSC, expressed enthusiasm about the project, stating, 'This partnership serves as a successful model for adopting clean technologies in Egypt's industrial sector. We look forward to further collaborations with global companies to build a more sustainable future.' Management at Sumitomo Electric Wiring Systems Egypt highlighted the multiple benefits of the project, including significant reductions in electricity costs, enhanced environmental sustainability, and alignment with Egypt's Vision 2030 goals for clean energy transformation. The initiative will also contribute to Egypt's broader objectives of fostering green investments and promoting renewable energy. This project marks the first phase of IRSC's collaboration with Sumitomo Electric Wiring Systems Egypt. Moving forward, IRSC plans to expand its portfolio of integrated solar energy solutions, further supporting industries in Egypt to transition to clean, efficient energy sources.
Zawya
29-01-2025
- Business
- Zawya
IRSC signs agreement with Sumitomo Electric Wiring Systems Egypt
In a move reflecting its commitment to promoting renewable energy adoption, IRSC a leading company in renewable energy solutions and sustainability has signed a contract with Sumitomo Electric Wiring Systems Egypt, a global leader in automotive electrical systems manufacturing, to design, supply, and install solar pv power plants on the rooftops of the company's industrial facilities. This strategic partnership aligns with Sumitomo Electric Wiring Systems Egypt's commitment to supporting sustainability initiatives, reducing carbon emissions, and enhancing energy efficiency in its production processes. It also reflects the company's global vision of adopting environmentally friendly practices and lowering its carbon footprint. Project Details The project involves the design, supply, and implementation of solar power plants on the rooftops of industrial facilities owned by Sumitomo Electric Wiring Systems Egypt in the regions of 10th of Ramadan, 6th of October, and Port Said, with a total installed capacity estimated at 3.2 MW peak as the first phase. The construction work is expected to be completed in the second quarter of 2025. These plants are expected to generate approximately 4.9 GWh annually, reducing electricity consumption from the national grid and cutting carbon dioxide emissions by an estimated 52,700 tons annually. This contribution aligns with Egypt's sustainable development goals and Vision 2030, which aims to promote clean energy. Stakeholders The agreement was signed by Mr. Mircea Serbu, Chief business Officer – Japanese Business & Managing Director of Sumitomo Electric Wiring Systems – Egypt alongside Engineer Andrew Daniel, Chairman of IRSC, in the presence of senior management Representatives from both companies. Engineer Andrew Daniel stated: 'We are proud to collaborate with Sumitomo on this project, which reflects our commitment to providing innovative, cost-effective, and sustainable renewable energy solutions. This partnership is a successful model for adopting clean technologies in Egypt's industrial sector, and we look forward to further collaborations with global companies to achieve a more sustainable future.' Sumitomo Electric Wiring Systems Egypt management emphasized: 'This step is part of our strategy to minimize the environmental impact of our operations and enhance sustainability across all manufacturing stages, supporting our efforts to provide eco-friendly products that meet international standards." Expected Project Benefits • Reducing electricity bills, reflecting the economic benefits of the project. • Improving environmental sustainability and reducing carbon emissions. • Providing a clean and sustainable energy source that supports industrial production. • Supporting Egypt's vision for clean energy transformation and promoting green investments. Future Outlook This agreement represents the first step in the collaboration between the two companies. IRSC plans to provide more integrated solar energy solutions and enhance the reliance of major industries on alternative, clean and efficient energy sources.
