ZURICH (Reuters) - ABB on Thursday announced planned changes to its board of directors, with Lars Foerberg, the managing partner of activist investor Cevian Capital, standing down. The engineering ...

Roy said the new facility would double MCB production capacity at the company' s existing plant, also located in Cibitung, and that more MCB products were sold domestically.

ABB said on Thursday that Forberg would step down after its annual shareholder meeting on March 27, with Claudia Nemat, a member of Deutsche Telekom's (DTEGn.DE) management board, set to replace him.