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08 August 2020 The on-line newspaper devoted to the world of transports 05:05 GMT+2

September 19, 2001

Kværner caught in financial crisis

Anglo Norwegian industrial concern Kværner, long-troubled after an overly ambitious expansion in the 1990s, has been forced to seek nearly NOK 2 billion in fresh capital from its shareholders.

Only after investors pump more capital into Kværner will its banks approve an additional loan of NOK 1 billion.

The reported decision to launch a new ......
Read more on Aftenposten Interaktiv

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