Samsung Group is said to be carrying out a sweeping “management assessment” on underperforming affiliates in the electronics sector in the wake of the second-quarter earnings shock of its cash cow Samsung Electronics. The ...
Tags: Samsung, Electrical, Electronics
Arabian Business reported that South Korea's Samsung Engineering and its consortium partners have signed a USD 3 billion contract for a massive power project in Saudi Arabia. The consortium partners, who also include Saudi based Al Toukhi ...
Tags: Arabian Business, Samsung Engineering, power project, Saudi Arabia
A consortium including Samsung Engineering and Shanghai Electric have won an SAR 11.3 billion deal to build a water desalination plant on the Red Sea coast of Saudi Arabia. Saudi's state owned Saline Water Conversion Corporation said that ...
Tags: water and power plant, fuel oil fired plant, water desalination plant
Grundfos has shipped 10 vertical fire pumps to an oil refining company in Abu Dhabi. Each pump weighs 13 000kgs, is 20.3 metres long and 5.2 metres wide and is made of super duplex stainless steel. In the event of a fire, the 10 diesel ...
Tags: market view, fire pump