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Financial Report Q1 2008 Online
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Date 16 May 2008
Time 17:35
Quote EUR 42,67
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14.05.2008  

New large order for Andritz VA TECH HYDRO

Enerjisa, a joint venture of Österreichische Elektrizitätswirtschafts-AG (Verbund) and H.Ö. Sabanci Holding A.S., Turkey, has chosen a consortium led by Andritz VA TECH HYDRO to supply the complete electro-mechanical equipment, including service work, for the Turkish hydropower plant cascade in Kahramanmaras (consisting of the Kandil, Sarigüzel, and Hacininoglu hydropower stations, with a total output of 452 MW). The order value is approximately 70 million Euros.

07.05.2008  

Andritz: Favorable business development in Q1 2008

  • Increase in sales and earnings
  • Order intake, at almost 1.2 billion Euros, reaches the highest value ever achieved in a quarter
  • Record order backlog of more than 4.3 billion Euros provides solid basis for 2008

02.05.2008  

Andritz to acquire assets of General Electric’s Hydro business

International technology group Andritz and General Electric Company (GE) have reached an agreement for the purchase of certain assets of GE Energy’s Hydro business. The closing of the transaction, which is subject to approval by anti-trust authorities, is expected to take place during the next few months. Financial terms were not disclosed

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