Independent journal on economy and transport policy
01:34 GMT+2
Kværner caught in financial crisis
(Aftenposten Interaktiv)
September 19, 2001
Anglo Norwegian industrial concern Kværner, long-troubled after an overly ambitious expansion in the 1990s, has been forced to seek nearly NOK 2 billion in fresh capital from its shareholders.
Only after investors pump more capital into Kværner will its banks approve an additional loan of NOK 1 billion.
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