Major expansion of Palfinger’s marine business
- Takeover of the Norwegian Bergen Group Dreggen AS
- Expansion of the crane portfolio for the shipbuilding, Oil and Gas industries.
- The acquisition makes PALFINGER MARINE one of the major producers.
The PALFINGER Group has agreed to take over Bergen Group Dreggen AS, a renowned Norwegian producer of marine and offshore cranes and lifting equipment. The transaction is subject to customary closing conditions, including approval from the Competition Authorities in Norway, and is expected to be closed by the end of November. Herbert Ortner, CEO of PALFINGER AG, says, “Dreggen is well-positioned and shares PALFINGER’s high quality demands. The incorporation of this company into our Group marks a milestone for our marine business. READ MORE.....
Punj Lloyd to give a new impetus to ‘Design Thinking’ in India
Organises session with THNK at the India Design Forum in Mumbai
12 March 2013: Design in India will get its share of importance at the Punj Lloyd-THNK READ MORE.....
Vicat Group announces green field Gulbarga cement plant
Vicat Group, a premium international cement manufacturer, has announced first line of commercial dispatch of 27.5 lakh tones per annum from its green-field cement plant in Chatrasala Village, Gulbarga District, Karnataka. The Gulbarga plant will have a total capacity of 82.5 lakh tones. The cement from this plant will be marketed under the premium brand name of Bharathi Cement.
The cement f READ MORE.....
Tecpro Systems Ltd., bags order from DVC
Tecpro Systems Limited (Tecpro Systems), one of the leading Engineering, Procurement and Construction Companies providing comprehensive range of services in Material Handling to Steel, Cement, Ports, Mining and other industries in Infrastructure sector, Coal handling systems, Ash handling systems and Balance of Plant (BoP) packages for Power Sector, has announced that it has received an order wort READ MORE.....