AGC Flat Glass Ibérica and labor unions signed an agreement that will reduce employee wages and increase energy efficiency of the Sagunto plant in Spain. The measures are intended to raise "the competitiveness of the Sagunto plant ...
Tags: Construction, Decoration, Glass
The Silvercrest factory in the Irish Republic that sold burgers contaminated with horse DNA to Tesco, Burger King and the Co-operative Group, has been sold by its parent company ABP Food Group to Kepak Group. ABP has sold its Silvercrest ...
Tags: ABP, Agriculture, Food
ArcelorMittal's Romanian unit ArcelorMittal Galati has announced that it has relaunched its transformation program in order to adapt to current and mid-term challenges. ArcelorMittal Galati stated that stopping the transformation process ...
Tags: Metallurgy, Mineral, Energy
France is considering nationalizing an aluminium plant owned by Anglo Australian mining group Rio Tinto. The potential move is being studied by officials working for Arnaud Montebourg, the Industrial Recovery minister, just 10 days after ...
Tags: aluminium plant, Rio Tinto, Industrial Recovery minister, Mineral
Business Line reported that Investindustrial, the Italian private equity fund, has signed a deal to buy a 37.5% stake in Aston Martin, joining Kuwait's Investment Dar, as the luxury car maker's major investor and seeing off competition from ...
Freshlink Foods is planning to close its frozen sausage factory in Glasgow, Scotland, putting nearly 145 jobs at risk. The company has initiated a 90-day consultation period with its workforce about the future of the plant. According to ...
Tags: frozen sausage factory, future of the plant, leading food processor