Financial

KHD Humboldt Wedag cuts 50% of staff on cancellations

14 December, 2020

SHARE THIS ARTICLE

MOST READ

Markets & Competition

Ghana's government raises pozzolana cement production

The government encourages a shift to green
June 04, 2025
Volume & Pricing

Pakistan’s cement dispatches grow by 9 percent in May

Export momentum offsets slower local performance
June 04, 2025

KHD Humboldt Wedag said on Friday that it had seen "unexpected and sudden" order cancellations and a plunge in orders in 2008, forcing the company to restructure its business and reduce 50% of its personnel. The company said that the next two years would be bleak.

..To read the rest of this article, please login with your CW Group Single Sign-On first. If you do not already have a CW Group account, please register.

Save
Cookies user preferences
We use cookies to ensure you to get the best experience on our website. If you decline the use of cookies, this website may not function as expected.
Accept all
Decline all
CW Group
News
Accept
Decline