Köln – February 21, 2011: 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.
As informed in the ad hoc announcement dated June 19, 2015, errors in the measurement of individual projects in the 2014 financial year relating to Humboldt Wedag, Inc., the US subsidiary of KHD Humboldt Wedag International AG (KHD), Cologne, have been identified.
Humboldt Wedag India Private Ltd. (HW India), New Delhi, India, und Humboldt Wedag GmbH (HWG), Cologne, Germany, two subsidiaries of KHD Humboldt Wedag International AG (KHD), Cologne, Germany, have signed contracts in an amount between € 55 and 60 million for equipment and services for eight slag grinding units.
In connection with a detailed analysis of projects in the execution phase, errors in the measurement of individual projects in the 2014 financial year have been identified. These errors relate to the US subsidiary of KHD Humboldt Wedag International AG (KHD), Cologne.