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09/07/2018
16:48
Rolls Royce sold marine business

Rolls-Royce (Great Britain) and Kongsberg (Norway) signed an agreement on the sale of the commercial marine division for 500mln pound, Kommersant informed.

Thus, the division providing equipment production for oil/gas companies is transferred to Kongsberg.

Rolls-Royce informed about the intention to sell this non-profitable division in Jan. 2018.

Thus, now it can concentrate the efforts on the engines production for the aircrafts, the Navy and mining companies which could be of higher profit. The transaction can be closed this year end.

"AK&M", 15:06, 09.07.2018 1251 AKM,COR,ECO0

 

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