Plant builder Hitachi Zosen Inova experiences "major deterioration in profitability"

Parent company responds by stepping up control of HZI management


(JP, CH) – The Japanese industrial and engineering group Hitachi Zosen Corporation (Hitz) says there was a sharp decrease in profitability at its Swiss subsidiary Hitachi Zosen Inova (HZI), which specialises in the construction of waste-to-energy (wte) plants. The drop was due, among other things, to overly ...

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