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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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LKAB: Measures to lower Costs and improve Efficiency

LKAB is continuing to focus on improving efficiency through cost control and through volume and productivity increases. Stable production and improved delivery volumes resulted an operating loss of MSEK -277 (-228) for the quarter, where hedging activities had the main negative impact.

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Rio Tinto releases Q2 Production Results

Rio Tinto chief executive J-S Jacques said “Rio Tinto has delivered another robust quarter of operational performance. We continue to focus on value and maximising cash flow from our assets, through both commercial and operational excellence while maintaining capital discipline. This will ensure that Rio Tinto is well-positioned to generate compelling and consistent returns for our shareholders.”

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Sandvik to divest its Mining Systems Operations

Sandvik has signed an agreement to divest its Mining Systems operations, reported in the Sandvik income statement as discontinued operations, to the private equity company CoBe Capital. Sandvik will maintain ownership of ongoing projects which are close to finalization.

The closing of the transaction is expected during the fourth quarter of 2016, subject to the satisfaction of certain conditions precedent. The parties have agreed not to disclose the purchase price.

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Beyond the Highway – Bosch is boosting its Commercial Vehicle and Off-road Business with a dedicated Organization

Bosch presents its innovative solutions for commercial vehiclesAs the top management of Bosch thought long and hard about new strategic business fields, the field of commercial vehicle and off-road (CVO) was still no more than a promising idea. Market studies showed that it was more than that. In this segment, encompassing trucks and 4000 hp construction machines, forklifts and harvesters, there is a potential for growth in the billions of euros in countries with increasingly strict environmental and safety regulations as well as in emerging regions with cities whose populations are rapidly exceeding the one million mark.

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Rio Tinto unveils new organisational Structure and Executive Team to drive Performance

Rio Tinto will strengthen its organisational structure to continue to drive performance under its new chief executive Jean-Sébastien Jacques.

From 2 July 2016, Rio Tinto’s product group structure will be adjusted to better align the Group’s assets with the business strategy to help drive further efficiencies and optimise performance. The Group’s world-class assets will be firmly at the centre of the business and will be supported by efficient and agile global functions.

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Challenging Conditions in Q1 2016 - K+S’s two-pillar Strategy pays off

  • Solid Salt earnings despite mild winter weather
  • Decline in earnings in the Potash and Magnesium Products business unit
  • Revenues of €1.1 billion (Q1/15: €1.4 billion)
  • Operating earnings (EBIT I) of €218 million (Q1/15: €317 million)
  • ‘Fit for the Future’ and ‘Salt 2020’ make important contributions
  • Legacy Project still on schedule and within budget
  • Outlook for 2016 unchanged
  • Attractive medium-term goal confirmed
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BE Group Q1 2016 – strong Cash Flow

  • Net sales fell by 11 percent, amounting to SEK 978 M (1,104).
  • The underlying operating result amounted to SEK 9 M (12).
  • Operating result, affected by non-recurring costs of SEK -45 M (0), amounted to SEK -45 M (10).
  • The result after tax was SEK -53 M (0).
  • Cash flow from operating activities was SEK 51 M (-54).
  • Earnings per average number of shares amounted to SEK -0.20 (0.00).
  • Decision to close the unprofitable parts of the operations in the Czech Republic and Slovakia.
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