Industrial Conglomerates

Saab AB and ThyssenKrupp AG signs MoU on acquisition of ThyssenKrupp Marine Systems AB

Saab AB:Says that ThyssenKrupp Industrial Solutions AG, subsidiary of ThyssenKrupp AG, and Saab AB signed non-binding memorandum of understanding concerning sale of Swedish shipyard ThyssenKrupp Marine Systems AB (formerly named Kockums) with operations in Malmö, Karlskrona and Muskö to Saab AB.Both...

Monday, 14 Apr 2014 01:22am EDT

Aspo still expects FY 2014 operating profit to improve

Aspo Oyj:Maintains FY 2014 guidance and still expects operating profit to improve.Reported EBIT of 10.80 million euros for FY 2013.FY 2014 EBIT 17.09 million euros-Thomson Reuters I/B/E/S Estimates.

Thursday, 10 Apr 2014 07:15am EDT

Wartsila enters Paraguayan market with delivery of propulsion solution for river vessel

Wartsila Oyj Abp:Says the company's integrated propulsion solution will power a pushboat used to push barges convoys along the Paraguay River.The vessel is being built at the Astillero la Barca del Pescador (Shipyard SA) yard in Paraguay on behalf of Naviera Yeruti.Says Wartsila's equipment will be...

Thursday, 10 Apr 2014 07:00am EDT

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