Heavy Machinery & Vehicles
Cargotec Oyj:MacGregor, part of Cargotec, creates a new division 'Advanced Offshore Solutions' by merging its two Norway-based divisions and combining the strengths in offshore mooring, loading and load handling businesses.With the new joint division MacGregor aims to gain synergies and improve the operations as well as customer service.Hoye G. Hoyesen has been appointed to lead the new Advanced Offshore Solutions division, which will become operative on Jan. 1, 2016.
Aerosun Corp:To set up a wholly owned subsidiary with registered capital of 50 million yuan in Nanjing.The new subsidiary to be engaged in art engineering design construction general contract.
Jiangsu Rainbow Heavy Industries Co Ltd:Says its subsidiary completes establishment of a 100 pct owned subsidiary Runfin Technology Oy in Finland with a registered capital of 2,500 euro, on Oct. 28.Plan disclosed on Oct. 24.
Hubei Guochuang Hi-tech Material Co Ltd:To establish a new wholly owned Wuhan-based highway engineering test subsidiary, with registered capital of 30 mln yuan.