Herrenknecht AAOM - Teamwork into the Depth



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

Aurubis Restructuring: Group working on a more effective Organization - Increase in Productivity - Sustainable Improvement in Earnings

“Operating earnings before taxes in fiscal year 2012/13 amounted to € 114 million. Earnings in accordance with IFRS were minus € 230 million. The Group’s key figures reflect a split situation: return on capital employed has fallen significantly. In contrast, the balance sheet ratios have improved. The company continues to have a robust balance sheet that is healthy, stable and resistant,” summarized Peter Willbrandt,


Oceanagold: Update for Macraes Goldfield in New Zealand - F.Y. 2014 Production Guidance and Hedging for 2014 and 2015

OceanaGold Corporation (ASX: OGC, TSX: OGC, NZX: OGC) announces that the Board of Directors has approved a new mine schedule for the Macraes Goldfield located in the Otago region on the South Island of New Zealand.

As a result of the prolonged and sustained drop in the gold price, the Company has re-optimised the Macraes mine plan to further reduce costs in order to sustain operations. The new mine plan includes a reduction in the total material movement schedule in the open pit resulting in lower equipment usage and a reduction in operating and support staff requirements over the next two years.


EVRAZ optimises Evrazruda’s assets

Further to its previously announcement EVRAZ plc (LSE: EVR) reports signing of an agreement with LLC Ruda Khakasii on the acquisition by LLC Ruda Khakasii of a number of Evrazruda’s iron ore assets and utilities companies located in the Republic of Khakassia and Kemerovo region, Russia, for total cash consideration of RUB 10 million (approximately US$306,000).


Lukoil Board of Directors sets Priorities for Petroleum Product Supply Business Sector

The LUKOIL Board of Directors recently held a meeting in Moscow to approve the major development trends and initiatives of its Petroleum Product Supply business sector in Russia and аbroad.  Follow the main measures to be taken to enhance the operating efficiency of the petroleum-product-supply business sector: decommissioning of loss-making and inefficient filling stations, reconstruction and upgrade of filling stations, optimization of the primary and secondary logistic networks, introduction of efficient models of business management and automation, outsourcing of auxiliary functions, implementation of the concept of a customer-oriented filling station.


Bilfinger: Integration of the Subgroups in Bilfinger SE

  • Integration of the Subgroups into Bilfinger SE and consolidation of administrative functions
  • Number of employees to be reduced by 1,250 worldwide
  • Cost savings in the personnel area of €80 to €90 million as well as a reduction in non-personnel costs by an amount in the low to middle double-digit million range

In order to more intensively network its activities and leverage further synergy potentials, the international engineering and services group Bilfinger will integrate its Subgroup holdings into Bilfinger SE with effect from January 1, 2014.


VDM GROUP: Management Changes and Company Update

VDM Group Ltd (ASX: VMG) welcomes Dr Dongyi Hua as new Managing Director, following his commencement on Monday 9 September 2013.

The Company is aware that both the removal from one of their client’s sites as well as their year end result has been disappointing for both shareholders and the directors of the company.


ThyssenKrupp Steel Europe to optimize management structure

At its meeting today the Supervisory Board of ThyssenKrupp Steel Europe AG decided to realign the company’s management structure. The reorganization is in connection with the optimization program “Best-in-Class Reloaded”, under which Steel Europe is making a significant contribution to the profitability and strategic development of the Group as a whole.


Polyus Gold: Reassessment of Exploration and Evaluation Portfolio and Mining Assets

Polyus Gold International Limited (LSE – PGIL, OTC (US),  largest gold producer in Russia, announces that following the fall in the gold price in the first half of 2013 and the subsequent sustained lower price, the Company, in line with much of the industry, has reassessed the future prospectivity of its exploration and evaluation (“E&E”) asset portfolio and has also reconsidered the economic recoverability of its mining assets.


Anglo American Platinum concludes restructuring consultations

Anglo American Platinum Limited has concluded consultations with key stakeholders and unions on the plans to restructure its business.


In January, the Company announced its proposals to reduce costs and reconfigure marginal operations following an extensive review of its business which commenced in February 2012. The review is aimed at restoring the Company's profitability to ensure its long-term sustainability and increase its competitiveness in the global platinum mining industry.


ThyssenKrupp meets operating targets in first 9 months 2012/2013 - Free cash flow before divestments improved

Adjusted EBIT of €802 million on track to reach full-year target; all continuing business areas with positive earnings contributions / 3rd-quarter adjusted EBIT significantly higher quarter-on-quarter at €332 million / Free cash flow before divestments significantly improved; positive in 3rd quarter and in first 9 months / Steel Americas: intensive negotiations continue / Order intake at Elevator Technology at new record levels, significant gains at Industrial Solutions / Orders in hand 11% higher at €24 billion / Outlook for 2012/2013 adjusted EBIT confirmed


Ascent Resources: End of Offer Period

Ascent Resources plc., the AIM listed European oil and gas exploration and production company, is pleased to announce that following disposal of Ascent's Dutch assets, as announced on 7 August 2013, the previously announced strategy of rationalising the Group's portfolio is now complete.


Vattenfall makes substantial impairments and divides the company

Vattenfall splits up its organisation into a Nordic unit and a continental European unit. This is one of several measures taken in response to developments in the European energy market. Vattenfall is also writing down SEK 29.7 billion of the value of the company’s assets as a consequence of market development and higher business risks.


Holcim simplifies Group structure in India

Holcim intends to streamline the ownership structure of its operations in India in order to strengthen the existing platform. Through intragroup restructuring, Holcim will increase its shareholding in Ambuja Cements Ltd. to 61.39% and Ambuja in turn will acquire Holcim’s 50.01% stake in ACC Ltd.

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