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Germany's Voith Hydro, Widad Group seek projects


Voith Hydro, which is a manufacturer and supplier for hydropower plants and engineering services, had yesterday signed a memorandum of collaboration with WBG.
PETALING JAYA: Germany’s Voith Hydro GmbH & Co KG is teaming up with Widad Business Group Sdn Bhd (WBG) to seek out more hydro projects in Malaysia.
Voith Hydro, which is a manufacturer and supplier for hydropower plants and engineering services, had yesterday signed a memorandum of collaboration with WBG.
Markus Kaufmann, head of sales and proposal service and upgrade at Voith Hydro, said more than 50% of the peninsular hydropower plant capacity provided by the company is in Sungai Perak and Cameron Highlands. ....

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Hydro Hotel Eastbourne Plc - Final Results


Hydro Hotel Eastbourne Plc - Final Results
PR Newswire
HIGHLIGHTS
The Coronavirus pandemic has had a significant effect on the trading of the Company. The loss for the financial year after taxation was GBP139,289 (2019 profit of GBP224,516). Turnover from the Hydro Hotel operation decreased during the year by 40.2% (2019 increase of 2.1%). Earnings per share were (23.21)p compared to 37.42p for the previous year.
The Company s operating activities absorbed cash of GBP159,871 (2019 generated cash of GBP504,842) and it invested GBP95,593 in new fixed assets (2019 GBP341,207). During the year the Company paid ordinary dividends of GBP54,000 (2019 GBP126,000). At the year end the Company had net current assets of GBP993,357 (2019 GBP852,027). ....

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Rio Tinto, Hydro Plan To Close Aluchemie Anode Plant Due To Weak Competitive Position


Rio Tinto, Hydro Plan To Close Aluchemie Anode Plant Due To Weak Competitive Position
LONDON (dpa-AFX) - Anglo-Australian mining giant Rio Tinto Plc (RTNTF, RIO, RIO.L, RTPPF) said that the company and Hydro has determined it is not viable to make the ongoing investments needed to continue operating the stand-alone anode production facility in Rotterdam, Netherlands, due to its weak competitive position and challenging market conditions.
As a result, the companies expects to finish production at Aluchemie at the end of 2021.
A consultation process with the relevant European works councils and union representatives will now begin on the planned closure. ....

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Consiliul Concurenţei a autorizat preluarea Crucea Wind Farm S.A. şi Steag Energie Romania S.R.L. de către Hidroelectrica S.A.

Consiliul Concurenţei a autorizat preluarea Crucea Wind Farm S.A. şi Steag Energie Romania S.R.L. de către Hidroelectrica S.A.
bursa.ro - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bursa.ro Daily Mail and Mail on Sunday newspapers.

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