Royal IHC to sell IQIP to lower debt load

Sif acquires engineering company KCI from Royal IHC

Sif Holding and Royal IHC have finalised the acquisition of KCI the engineers by Sif. The sale is part of IHC’s major restructuring programme for which the company announced it would focus on its core activities. Other activities and business units are to be divested....
Damen to cut 125 jobs at its Dutch repair yards

Damen to cut 125 jobs at its Dutch repair yards

Damen Shipyards has announced a restructuring of its repair yards Damen Verolme Rotterdam and Damen Shiprepair Rotterdam. According to trade union CNV Vakmensen director Corina Hensen, 125 jobs will be lost with most redundancies affecting office staff. The...