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    IHC re-structures Van der Giessen de-Noord; unveils latest results

    News // September 12, 2002
    IHC group in the Netherlands says its half year profit increased from 38.4 million to 41.3 million, and new order intake to 30 June was 1.5 billion compared to 1.1 billion in 2001, but has announced plans for a major re-structuring at Van der Giessen de-Noord shipyard.

    IHC said 25 million was required to restructure van der Giessen-de Noord, to focus the Group's shipbuilding capacity more towards dredger building.

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