International technology Group ANDRITZ showed a favorable business development in the first half of 2010. Especially in the second quarter, sales, earnings, and profitability rose substantially compared to the previous year’s reference figures; order intake in the second quarter of 2010 reached the highest quarterly figure in the company’s history.
International technology Group ANDRITZ has been awarded a contract by Kiewit-Alarie A Partnership to supply three propeller turbines and generators for the Lower Mattagami River Project being developed by Ontario Power Generation in Ontario, Canada.
International technology Group ANDRITZ will supply electromechanical equipment with a total value of approximately 340 MEUR as part of the construction of the Ilisu hydropower station in Turkey.
International technology Group ANDRITZ has signed a contract to acquire KMPT AG, headquartered in Vierkirchen, Germany, including its affiliates in England, France, Italy, China, and the United States.