Independent journal on economy and transport policy
13:48 GMT+1
UMG and Bazan buy Kvaerner Mandal Shipyard
(The Norway Post)
December 27, 1999
(posted Dec. 26)
The Ulltveit-Moe Group (UMG) and the Spanish shipyard Bazan have bought Kvaerner Mandal Shipyard on Norway's west coast.
In a press release, UMG owner Jens Ulltveit-Moe says that, "Kvaerner Mandal has good competence in naval vessels and have successfully completed several projects. UMG and Bazan will market this actively, both nationally and internationally." ...... Read more on The Norway Post
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