It is reported that the Italian Acciaierie Bertoli Safau, a division of the large industrial holding Danieli company and new owner of the Sisak Steel Mill in Croatia, recently launched a trial production run in the Sisak Steel Mill and ...
Tags: energy supply, Steel Mill, Steel, Steel industry
The mood among many of the 43,000 attendees at glasstec 2012 was positive,despite uncertainties surrounding the global economy and glass market.While the European and Chinese segments show signs of softening,many exhibitors reported ...
Tags: glasstec 2012
Reuters reported that ThyssenKrupp's chief executive Mr Heinrich Hiesinger vowed to fix problems at Germany's biggest steelmaker, after a disastrous overseas foray and corruption allegations that led him to oust half its management board. ...
Tags: Germany, overseas foray, steel company, steel market
Slovenian retailer Mercator has warned of rising raw materials costs and "profound recession" in many of its key markets after swinging to a net loss in the first half of 2012. For the six months to the end of June, Mercator reported net ...
Tags: Mercator, raw materials, key market, food market, net loss
Slovenian food retailer Mercator revealed yesterday (13 November) that it generated a loss in the first nine months of the year despite flat sales. Mercator booked a loss of EUR22m (US$27.96m) in the first nine months, down from a net ...
Tags: Mercator, flat sales, loss, company news
Reuters reported that ThyssenKrupp chief executive Mr Heinrich Hiesinger wants to examine all options regarding the future of its German steel business, including a spin off and a public flotation. German magazine citing supervisory board ...
Tags: stainless steel, carbon steel, steel mills
At their EGM held on November 30th 2012, the shareholders of OJSC Rosneft elected a new Board of Directors now consisting of 9 members. The new Board of Directors is as follows: Mr Matthias Warnig MD of Nord Stream AG; Mr Mikhail V ...
Tags: OJSC Rosneft, oil company, IFRS
Reuters reported that fresh from axing half of his management board this week, ThyssenKrupp chief executive Mr Heinrich Hiesinger is expected to ring in a new era at Germany's top steelmaker when he presents results on Tuesday. The CEO ...
Tags: steelmaker, steel companies, car parts, dependence on steel
The listed voestalpine Group continues to further expand its market position in North America by undertaking an acquisition in its special steel segment. Böhler-Uddeholm Canada Ltd a company of voestalpine's Special Steel Division, ...
Tags: special steel, mold steel, sawing, milling, grinding, drilling
The Netherlands based underwriter Aegon will purchase Ukraine based insurer Fidem Life, further boosting its capabilities in the developing Central and Eastern European market. Aegon has been trading in the region since 1992 and presently ...
German retail giant Metro Group has sold its Real grocery chain in eastern Europe to French retailer Auchan for EUR1.1bn (US$1.4bn). The transaction, announced today (30 November), comprises Real's operational activities in Poland, ...
Tags: Auchan, Metro Group, chain in eastern Europe
Visitors from the fields of mechanical engineering, industry, skilled trades, architects/(façade) planners as well as the solar sector all gave glasstec 2012 a ‘good report’. Alongside the positive mood for the future ...
German carmaker Volkswagen has increased its stake in the truck, bus and coach maker, MAN, to 75.03% from its earlier 73.76%, with effect from 06 June 2012. The move follows Volkswagen's management reshufflle by appointing the VW trucks ...
Tags: Volkswagen, commercial vehicles, MAN
AEGON has appointed two key executives in its management team including Michiel Katwijk as chief financial officer (CFO) for the Americas and Darryl Button as executive vice president, head of the corporate financial center, effective from ...
Tags: AEGON, management, CFO, financial center, finance
Agennix will reduce its staff by nearly 55% to conserve cash, as part of its restructuring plan. Agennix chief financial officer and the management board spokesperson Torsten Hombeck said Agennix objective of conserving cash has ...