Nor are there any signs that this Government will be reshuffled, which suggests that its policy of rationalisation
The United Kingdom - Defence Logistics Rationalisation Initiatives
France - Defence Logistics Rationalisation Initiatives
Many of the issues touched on in the announcement regarding the series of rationalisation
plans by Sumitomo Metals are not as yet formalised, and Fitch does not place credibility in the plans.
The sale of these assets continues the Group's process of rationalisation
and simplification of non-core assets, with the focus firmly on building a portfolio of stronger, larger, longer life operations.
Resco has been forced to reduce activity within certain sectors due to cost rationalisation
measures having been implemented by our customers.
Normandy is now in a unique position to meet the challenges of continuing rationalisation
in the gold industry.
For SOL, this joint venture will generate positive commercial effects which, together with the previously announced sale and rechartering of the RoRo vessels and the ongoing rationalisation
measures, will result in improved profitability in the long term.
In order to achieve these objectives, the BCP Group will identify and launch selected rationalisation
, restructuring and relaunching initiatives:
The Directors, including the independent non-executive Directors of the Company, considered that the Acquisition is fair and reasonable, taking into account that the Acquisition is part of the rationalisation
plan of the Group.
Peter Morris, president and COO, MTi, commented, "These results represent the end of an era of financial restructuring, management changes and product rationalisation
and we can now go forward with a completely clean sheet.
, a 19 per cent increase in Resins' sales in Asia Pacific resulted mainly from the commissioning of the new production facilities in Singapore.