Man energy solutions verkauf

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Volkswagen has announced it zu sein not marketing its man Energy Solutions unternehmen whose portfolio contains two-stroke and four-stroke engines for marine und stationary applications, turbochargers und propellers, and gas and steam turbines, compressors und chemical reactors.

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There has been long-running media speculation that number of potential suitors schutz looked at acquiring man Energy Solutions consisting of Cummins, Mitsubishi heavy Industries und INNIO.

However, an a record published heute outlining significant restructuring plans einer Energy options said:“The Volkswagen kopieren, gruppe supports the agreements outlined bei the paper, expecting that ns necessary prerequisites zum implementation möchte be successfully finalized über the ende of 2020. Once this has actually happened Volkswagen will suspend that plans kommen sie sell einer Energy remedies until ns finalization des the restructuring efforts, which include job cuts, reduction von personnel cost and the relocation des products kommen sie foreign manufacturing centers. This will apply punkt least till the ende of 2024. Ns Volkswagen kopieren, gruppe has further agreed that ns company wollen remain part of the kopieren, gruppe until punkt least the ende of 2026 if that achieves a profitability target of 9% EBIT top top a consistent base by the date.”

Dr. Uwe Lauber, ceo of einer Energy Solutions, added: “Volkswagen has referred to as on both ns management and employees of man Energy services to kommen sie up v a principle that will make it possible zum the company to position itself weil das the future und achieve gaue won independence. The paper lays die foundation zum this concept. Volkswagen zu sein now providing us die opportunity to implement the agreed upon procedures as part des the group.”

As part des the restructuring die company ist proposing a reduction von 2650 jobs, consisting of 1,650 in Germany und 950 in other European und non-European countries. Restructuring measures schutz been i agreeed upon for the Augsburg und Oberhausen sites in Germany und the organizations in Denmark, France, England, and Switzerland will so be streamlined.

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The agency said it möchte reduce ns size von its berlin site und operations there wollen be focused on the production of components. The will also keep its leistungen business in Hamburg intact. The will, however, halt steam turbine production, which is so conducted there, it added.

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Headquartered bei Germany, man Energy remedies employs part 14,000 people punkt over 120 web page globally.