The German producer of rotogravure cylinders GRT GmbH & Co. KG was named one of Germany’s “Top 100” small and medium sized companies. The project is coordinated by the Institute for Entrepreneurship and Innovation at the Vienna University of Economics and Business Administration and searches for the most innovative small and medium sized companies in Germany.
Konarka Technologies, Inc., a leading developer of thin-film solar panels based in the USA, has filed for bankruptcy protection under chapter 7 of the Federal bankruptcy laws. Under chapter 7 proceedings, the company’s operations cease and a trustee is tasked with liquidating the company’s assets for the benefit of creditors.
The Japanese companies Mitsubishi Chemical Corporation and Pioneer Corporation recently announced the successful development of organic light emitting diode (OLED) elements using a wet coating process. Both companies have agreed to set up a testing facility with the aim to reach mass production.