Independent journal on economy and transport policy
02:29 GMT+1
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navalmeccanico group South Korean DSME announces a restructure plan financial institution
Previewed the cession of activity not Core
August 11, 2015
The South Korean navalmeccanico group Daewoo Shipbuilding & Marine Engineering Co. (DSME) has announced today the adoption of a plan face to the improvement of the business capital structure that previews mainly a reorganization of the foreign activities and a cut of not strategic activities, included the sale of activity not correlated to the offshore construction of ships and structures and the cession of the center of the group to Seul. The company has not specified if reductions of the staff will be carried out also, but the South Korean news agency "Yonhap" has specified that a cut of 30% of the number of the leaders has been programmed.
Group DSME has archived item the period April-june of this year with a quarterly loss record pairs to -2.390 billion won (2,05 billion dollars) respect to a profit clearly consolidated of 76 billion won in the correspondent period of 2014. The revenues are dropped of -63% attesting itself to the 1.660 billion one won and the operating result has been of sign negative for 3.030 billion won respect to an operating profit of 103 billion won in according to trimester last year.
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The South Korean navalmeccanico group Daewoo Shipbuilding & Marine Engineering Co. (DSME) has announced today the adoption of a plan face to the improvement of the business capital structure that previews mainly a reorganization of the foreign activities and a cut of not strategic activities, included the sale of activity not correlated to the offshore construction of ships and structures and the cession of the center of the group to Seul. The company has not specified if reductions of the staff will be carried out also, but the South Korean news agency "Yonhap" has specified that a cut of 30% of the number of the leaders has been programmed.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
