DENMARK: WEAK RUSSIAN MARKET AFFECTS AARSLEFF

Article Abstract:

The Danish construction company Per Aarsleff is affected by a weakening of the Russian market, and this makes the estimated 1999/2000 annual pre-tax result being reduced by about DKr 10mn to DKr 105mn (USD 12mn). Aarleff's Finnish subsidiary, which is a supplier of pipe technology to Russia, will report a significant loss for the fiscal year.

Finland, Fabricated pipe and fittings, Fabricated Pipe & Fittings, Fabricated Pipe and Pipe Fitting Manufacturing, Pipe and tube industry

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DENMARK: MTHS AIMS TO BECOME MARKET LEADER

Article Abstract:

MTHS, the merger between Hojgaard & Schultz and Monberg & Thorsen, aim to become market leader in the Danish building contractor market. According to the management, this is necessary if MTHS also wants to impact the political development. The merged company has a turnover of DKr9.1bn (US$1,109mn).

Monberg og Thorsen Holding A/S

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DENMARK: NCC DANMARK BOOSTED PROFIT

Article Abstract:

NCC Danmark, the building contractor 100% owned by Swedish NCC, reported a net profit of DKr188.9mn (US$23mn) in 2000 vs. DKr167.9mn in 1999. Turnover climbed from DKr5.2bn in 1999 to DKr6.1bn in 2000.

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