Tag: company news
Snam’s Board approves acquiring stake in TAG
Snam's Board of Directors, under Chairperson Lorenzo Bini Smaghi, approved the acquisition of the stake held by CDP GAS, a fully owned subsidiary of Cassa Depositi e Prestiti (CDP) in Trans Austria Gasleitung (TAG), for a total amount of EUR 505M.
The transaction is in line with Snam’s international development strategy and further strengthens the company’s role amongst infrastructure operators in Europe.
Harkand gets head of European engineering services
International subsea inspection, repair, maintenance (IRM) and light construction company Harkand appointed Alan White as the head of engineering services in Europe.
Steel tubes for umbilicals in the North Sea
Vallourec, the premium tubular solutions company, has been awarded a contract by Technip Umbilicals for the Edradour project operated by TOTAL in the UK.
ABB automation system for Brazilian iron mine
ABB won a USD 103M contract from Brazilian mining company Vale to install electrical and automation systems at a modern iron ore mine in the Carajás mountains of northern Brazil as part of a major capacity expansion.
Konecranes appoints new chief digital officer
Juha Pankakoski has been appointed as the chief digital officer of Konecranes. He will be responsible for all information systems and the overall process architecture of Konecranes.
Chromalox extends electric blower heater line
Chromalox, an advanced thermal technologies company, announced the availability of a new extreme duty model of its blower heater line.

ArcelorMittal will be creating 700 new jobs at its French sites in 2014. ArcelorMittal is the largest steel company in France, with a workforce of nearly 20,000 over some 50 industrial and distribution sites.