KHD grants € 50 million intercompany loan
KHD Humboldt Wedag International AG (KHD) has entered into a € 50 million loan agreement with AVIC International (HK) Group Ltd., Hong Kong, as the borrower.
KHD Humboldt Wedag International AG (KHD) has entered into a € 50 million loan agreement with AVIC International (HK) Group Ltd., Hong Kong, as the borrower.
In today’s Annual General Meeting the shareholders of KHD Humboldt Wedag International AG (KHD) passed a resolution to reduce the number of Supervisory Board members to three persons and re-elected Ms. Eliza Suk Ching Yuen and Mr. Hubert Keusch as members of the Supervisory Board. Mr. Kangning Zou was newly elected as a member of the Supervisory Board.
ZAB Zementanlagenbau GmbH Dessau a subsidiary of KHD Humboldt Wedag International AG has signed contracts totaling over € 90 million for equipment and services for a new cement plant consisting of two 3,000 tpd clinker lines. The customer, Pervaja Cementnaja Kompanija (PZK), is part of the same Group as major Russian construction company SU-155.
ZAB Zementanlagenbau GmbH Dessau, a subsidiary of KHD Humboldt Wedag International AG, has received notice of project termination from Stavropolsky Zavod Stroitelnih Materialov, a member of the EUROCEMENT group.
Due to unexpected profit deterioration in the latest cost estimations of a few major projects, KHD Humboldt Wedag International AG (KHD) will not reach its margin guidance for the 2013 financial year.
According to preliminary unaudited figures, KHD will close 2013 with a significant increase in revenues, EBIT between € 1 – 2 million and EBIT margin of less than 1.0%.
KHD Humboldt Wedag International AG (“KHD”), one of the world’s leading providers of equipment and services for the cement industry, publishes its 2011 half year report today. After winning several new jobs KHD was able to gain strength in the second quarter and booked an order intake of € 51.4 million after a slow start in Q1 with € 36 million.
Both the Directors and the Supervisory Board of KHD Humboldt Wedag International AG decided to withdraw item number 6 from the agenda for the Annual General Meeting of Shareholders (“AGM”) on June 16, 2011 (“Agenda”), in Cologne, Germany.
KHD Humboldt Wedag International AG (“KHD”), one of the world’s leading providers of equipment and services for the cement industry, will hold its Annual General Meeting of Shareholders on June 16, 2011, in Cologne, Germany.
KHD Humboldt Wedag International AG (“KHD”), one of the world’s leading providers of equipment and services for the cement industry, publishes its 2010 annual report today. Although Group revenue fell from € 360 million in the previous year to € 287 million due to the lower order intake during the 2009 economic crisis, KHD nevertheless booked a significant increase in new orders in 2010.
KHD Humboldt Wedag International AG („KHD“), one of the leading suppliers of industrial plants and services for the global cement industry has successfully completed its planned capital increase.
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