NKT’s revenue development for 3rd quarter 2011 was in line with expectations. Earnings increased by 15%, positively influenced by satisfactory results for both Nilfisk-Advance and NKT Flexibles. For nkt cables, the factory in Cologne showed improved productivity but continued to impact earnings nega
PGE SA is looking at acquisitions outside Poland as the country’s largest power utility prepares to release a new strategy in December to… By Maciej Martewicz (bloomberg) [mappress] Source: bloomberg, November 14, 2011
The Nordex Group achieved an increase of roughly 9 percent in sales to EUR 668.2 million in the first nine months of 2011 (previous year: EUR 614.2 million). At EUR 264.9 million, sales in the third quarter were on a par with the previous year. Growth in the first nine months was driven by the [&hel
For five generations, Darryl Fowler’s family has worked 800 acres of Bethany Township land, coaxing corn and soybeans out of the ground. By Jim Lynch (detnews) [mappress] Source: detnews, November 14, 2011
Engineering students were given a slice of subsea action (Thursday, November 10) after Subsea UK held a pizza evening to highlight the… (oilvoice) [mappress] Source: oilvoice, November 14, 2011
Reef Subsea AS announced that they have acquired from Rotech Group 100% of their Rotech Subsea group of companies headquartered in Aberdeen, Scotland. With this friendly and strategic acquisition, Reef Subsea creates a world leader in Seabed Dredging and Mass Flow Excavation services with offices in
E.ON is developing a pilot plant in Falkenhagen in the north east of Germany to convert power from wind energy into hydrogen which can then be stored in the country’s gas grid. The company is investing over EUR5 million on the pilot plant and further research into this innovative technology. Using p
ACCIONA obtained a net profit of 314 million euros in 9M 2011, tripling the 101 million euros reported in the same period of 2010. Group EBITDA amounted to 934 million euros, a 14.8% increase vs. 9M 2010 and revenues grew 5% to 4,796 million euros. EBITDA growth was mainly due to the positive perfor
A tax break that could help get America’s first offshore wind farm up and running has been available for two years. But no one can… By Maria Gallucci (truth-out) [mappress] Source: truth-out, November 11, 2011
EnBW Energie Baden-Württemberg AG closed its third quarter of the current fiscal year 2011 with 6.4% and 13.5% higher unit sales of electricity and gas, respectively. Compared to the prior year, electricity sales thus increased to 116.9 billion kilowatt-hours and gas sales to 42.8 billion kilowatt-h
Taewoong Co., a maker of parts for wind-power plants, rose as much as 15 percent in Seoul trading after South Korea’s energy ministry said… By Saeromi Shin (bloomberg) [mappress] Source: bloomberg, November 11, 2011
Gamesa continued to expand profitably during the first nine months of 2011, throughout which it continued to focus on strengthening expansion abroad, efficient management and cost control, launching new products, and maintaining the pace of activity in all business areas, with results in line with 2
On 25 July 2011, the boards of ZF Friedrichshafen AG (“ZF”) and Hansen Transmissions International NV (“Hansen”) announced the terms of a recommended cash offer for the entire issued and to be issued share capital of Hansen to be made by ZF International BV, a wholly owned subsidiary of ZF. On 6 Oct
The Nexans Combined General Shareholders’ Meeting and the special meeting of the holders of double voting rights, both chaired by Frédéric Vincent, Chairman and CEO, were held in Paris on November 10, 2011. These meetings were called in accordance with Nexans undertakings under the agreement signed
