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Bilfinger Q2 Net Result Swings To Loss Of EUR 6 Million
Bilfinger Completes Refinancing Of 500 Mln Euros Bond Issue
Bilfinger Wins €60 Million Contract From Sabic
Bilfinger SE is an international industrial services provider. The Company provides customized engineering and services to customers in the process industry. Its Industrial business segment includes industrial maintenance; insulation, scaffolding and painting; oil and gas, and engineering solutions. The Industrial business segment includes activities, such as design, development and erection of industrial facilities; maintenance and repair of industrial plants; project management; assembly and installation of plant components; design, development and implementation of automation solutions, and insulation, surface and corrosion protection, industrial scaffolding. Its Power business segment includes activities, such as repair, maintenance, efficiency enhancements and service life extensions, as well as the demolition of existing power plants, and design, manufacture and assembly of components for power plant systems with a focus on boilers and high-pressure piping systems.
Chairman of the Supervisory Board
Chairman of the Executive Board, Chief Executive Officer
Honorary Chairman of the Supervisory Board
Deputy Chairman of the Supervisory Board, Employee Representative
Chief Financial Officer
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* BILFINGER SAYS AWARDED CONTRACT FOR MAJOR PROJECT IN THE CEMENT INDUSTRY
Bilfinger <GBFG.DE> said on Tuesday it will pursue former executives of the German engineering group for at least 100 million euros ($123 million) in damages for alleged breaches of duty in compliance and mergers over almost a decade.
Former Bilfinger <GBFG.DE> chief executive, Roland Koch, said he was not aware of having done any wrong during his tenure at the German engineering group, after Bilfinger said it would seek damages from former executives.
German engineering services firm Bilfinger <GBFG.DE> reported a second-quarter operating loss on Monday, hit by provisions for U.S. projects as it undergoes a new phase of restructuring under Chief Executive Tom Blades.
* CEO says believes now through with reassessing legacy projects
German engineering services firm Bilfinger believes it has finished reassessing the risks from old projects, its chief executive said on Wednesday after provisions for legacy projects in the United States caused it to issue a profit warning.
* Says resolutely working through legacy projects (Adds details on Q2, mid-term targets, background)
German engineering services group Bilfinger issued its first profit warning in more than two years on Wednesday, blaming legacy U.S. projects that new Chief Executive Thomas Blades is trying to work his way through.
Activist investor Cevian's stake in German industrial services group Bilfinger grew to 29.5 percent from 25.6 percent, a regulatory filing by Bilfinger showed on Friday.
Activist investor Cevian's stake in German industrial services group Bilfinger <GBFG.DE> grew to 29.5 percent from 25.6 percent, a regulatory filing by Bilfinger showed on Friday.
Bilfinger's <GBFG.DE> new chief executive has set out the latest attempt to revive the German industrial firm's failing fortunes, consolidating what remains of the group into a new structure and promising to rekindle a sense of pride.
German industrial services group Bilfinger <GBFG.DE> plans to reinstate a dividend for 2016, promised a share buyback and said on Monday it would return to growth in 2018 after years of strategy U-turns and management turmoil.
Financing is the main hurdle facing companies looking at doing business in Iran, Bilfinger <GBFG.DE> Chief Executive Thomas Blades said in German newspaper Handelsblatt and he also said it would take time for the country to regain investors' trust.
* New strategy to be presented on Feb. 14, 2017 (Recasts to include CEO comments on potential job cuts)
Bilfinger <GBFG.DE> Chief Executive Thomas Blades said the election of Donald Trump as President may boost the German company's chances of growing business in North America.
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