Herrenknecht AAOM - Teamwork into the Depth



TPH Bausysteme, sealing, joints, Injection, technology, Concrete, restoration, protection, tunnelling, mining, Abdichtung, Verfuellung, Verfestigen, Sanierung, Tunnelbau, Bergbau

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.

CEO of RWE Deutschland AG to leave RWE

Following the restructuring of the RWE Group, Dr. Arndt Neuhaus, CEO of RWE Deutschland AG, will step down from his positions within the Group ahead of schedule. He will leave the Group by mutual agreement on 31 January 2016, bringing more than 14 years of service with RWE to an end.


Anglo American agrees Sale of Dartbrook Coal Mine to Australian Pacific Coal

Anglo American plc (“Anglo American”) announces that it has entered into a Sale and Purchase Agreement (“SPA”) (and agreed to enter into a related Royalty Deed) with Australian Pacific Coal Limited (“AQC”) as guarantor and a subsidiary of AQC as purchaser to sell its 83.33% interest in the Dartbrook Coal Mine (“Dartbrook”) in the Hunter Valley, New South Wales, Australia.


New Direction for Hatch Mott MacDonald

Hatch and Mott MacDonald have announced that the Hatch Mott MacDonald (HMM) joint venture will be separated into two distinct businesses. HMM’s Canada business will become part of Hatch while HMM’s US business will become part of Mott MacDonald. HMM’s Pipelines business, which operates in both Canada and the US, will also join Mott MacDonald.


Paul Nutzfahrzeuge GmbH expands Executive Board

Thomas Pfister is the new Director of Sales and Technology

  • New: four managing directors make up executive board
  • New: furthering the international orientation
  • New: positioning as an independent brand
  • New: body solutions established as a third field of business
  • Conversion – bodies – new construction secures future of company

Akastor ASA: Third Quarter Results 2015

3Q Highlights

EBITDA of NOK -169 million

  • EBITDA of NOK 177 million when adjusted for special items
  • Special items of NOK 346 million charged to EBITDA; mainly NOK 173 million provision for onerous real estate leases and NOK 142 million restructuring costs in MHWirth
  • MHWirth reported EBITDA of NOK -184 million, including both restructuring charge of NOK 142 million and

SSAB to initiate Negotiations to reduce Workforce in Finland

SSAB is to initiate employer-employee negotiations regarding a potential reduction in the workforce at SSAB Europe division’s production site in Raahe and in the Ruukki Construction division. These negotiations are being initiated due to reasons related to production, financial situation and operational restructuring.


OMV plans to sell a stake of up to 49% in Gas Connect Austria

  • Intended divestment of minority stake in Gas Connect Austria will strengthen OMV´s cash flow and balance sheet
  • Important step towards Downstream Gas portfolio optimization

OMV, the integrated, international oil and gas company, has announced its intention to sell a stake of up to 49% in its wholly owned subsidiary Gas Connect Austria (GCA), a company that operates and constructs natural gas high-pressure pipelines in Austria.


IAMGOLD to reduce employee base at Rosebel Mine by 10%

IAMGOLD Corporation recently announced that the company has started a process to reduce by 10% the number of employees at its Rosebel Gold Mines in Suriname.  Over the past two years IAMGOLD has reduced overall costs by approximately $175 million and improved productivity at its mines, resulting in a drop of the Company's all-in sustaining costs at its gold mines by $120 per ounce since Q2 2013.

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