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Thyssenkrupp announces fundamental strategic Realignment

Disclosure of an inside information according to Article 17 MAR:

  • Thyssenkrupp and Tata Steel expect European Commission to block planned steel joint venture
  • Executive Board proposes fundamental strategic realignment to Supervisory Board with IPO of elevator business instead of separation
  • antitrust proceedings expected to end
  • earnings forecast adjusted
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Haver & Boecker Expands Global Mineral Processing Presence with Haver & Boecker Niagara Brand

 

Haver & Boecker has established its global brand Haver & Boecker Niagara to combine the engineering expertise and product portfolios of its three mineral processing locations in Brazil, Canada and Germany. In the past, the three locations acted individually for their respective regions and territories. Customers around the world will benefit from shared innovative technology, more in-depth consultations, greater parts availability and better delivery times.

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Herrenknecht's E-Power Pipe nominated for bauma Innovation Award 2019

 

E-Power Pipe® is a trenchless method for the economic and environmentally friendly installation of underground cables. The new development from Herrenknecht has been nominated for the bauma Innovation Award 2019 in the "Machine” category. Trenchless technology offers significant advantages over the conventional open-cut method. The innovative procedure closes a technical gap because it allows small diameter drives with ten times greater lengths, shallower depths as well as high precision and speed.

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Continental appoints new Earthmoving Product Line Manager

 

  • Reinhard Klant is the new Earthmoving product line manager at Continental Commercial Specialty Tires (CST)
  • Klant has been with Continental for 30 years, most recently occupying the role of sales manager for the Benelux markets
  • He succeeds Christian Luther, who has taken over responsibility as head of the technical customer services at CST
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German Approval of the Fehmarnbelt Tunnel ready to be signed

The Ministry of Transport of Schleswig-Holstein announced today that the plan approval of the Fehmarnbelt tunnel is ready to be signed. In accordance with German regulations, Femern A/S now has 14 days to review the approval before it is signed. During this process, only minor editorial changes may be made.
"I am delighted and proud that we have today reached this crucial milestone. This is the result of several years of cooperation between the parties involved in Denmark and Germany. The approval means that agreement has now been reached between the German authorities and Femern A/S on how to construct the tunnel", says Claus Dynesen, Project Director at Femern A/S.

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About-turn for „SUSE“ in the Filder Tunnel

 

In late July the moment has come: tunnel boring machine "SUSE" (Ø 10,820 mm) has completely excavated the western tube of the Filder Tunnel. Now, in a specially built cavern, the approximately 120 meter long Multi-mode TBM from Herrenknecht is disassembled into individual parts and turned around underground. From the fall of 2018 it is due to commence excavation work in the remaining 3.4 kilometer section of the eastern tube.

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Bauer AG on Track after the first Half of the Year 2018

  • Total Group revenues are 12.2% less than the previous year with EUR 792.3 million; sales revenues decreased by 13.6% to EUR 717.1 million
  • EBIT amounts to EUR 34.1 million (previous year: EUR 38.6 million); Earnings after tax improve to EUR 1.6 million (previous year: EUR 0.1 million)
  • Order backlog with EUR 1,000.3 million at high level (previous year: EUR 1,044.7 million)
  • Full-year forecast confirmed
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