logo
Plus   Neg
Share
Email

GEA Group Plans To Sell GEA Bock Business - Quick Facts

GEA Group AG (GEAGF.PK,GEAGY.PK) said the company is exploring a possible sale of GEA Bock as part of the Group's focus on its strategic core markets. The company projects a sale to take place in the course of 2020. GEA Bock business will no longer be treated as a core business of the GEA Group.

GEA Bock is a supplier of open and semi-hermetic piston compressors in the lower and medium refrigeration capacity range for stationary and transport-related cooling applications.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. Food and Drug Administration approved the first contact lens developed for slowing the progression of myopia or nearsightedness in children between the ages 8 and 12 years at the initiation of treatment. This could also help in ultimately reducing risk of developing other eye problems. The regulator granted approval for CooperVision Inc.'s MiSight contact lens. Amazon plans to more than double its corporate workforce in Las Vegas by creating 125 additional jobs in the city. The e-commerce giant recently opened a new 30,000 square foot office in Town Square in downtown Las Vegas and plans to expand its corporate workforce in the area to support its Human Resources division. Amazon also said it will donate $100,000 to two food bank partners. Consumer Reports has once again recommended Tesla's Model 3 and Model S sedans as reliable, after the vehicles were previous downgraded by the organization. Consumer Reports said that the two sedans regained its recommendation due to improved reliability reports from owners of the cars, based on the results of its annual Auto Reliability Survey that were announced Thursday.
Follow RTT
>