Electrical contractor Cegelec Morocco has found itself poised to capture some very promising new markets, as CFO and business development director Michel Bouskila explained to John O’Hanlon.

 

 

 

 

 

Since its creation in 1946, Cegelec Morocco has been an important partner to the large state electricity, mining and water enterprises, as well as the country’s oil company SAMIR in providing electrical engineering services. It employs over 2,000 people, many of them highly specialised engineers.


The saying “Go West, young man” has been a part of our language for over 150 years; and while its origins may have referred to America’s growing empire, the idea has been followed to the letter by one gold mining company, as Andrew Pelis discovers.

For the past 16 years, Avocet Mining Plc has had its focus on South East Asia, firstly mining tungsten and latterly, gold. However, a major refocus is now underway that has indeed seen the company go west—specifically, to West Africa.


Antrak Air Ghana is emerging as West Africa’s most important regional airline. William Asare, quality assurance manager and acting head of flight operations, talks to Jayne Flannery about the factors behind the success story.

 

 

 

The global aviation market has undergone a testing time in recent years; however, Antrak Air Ghana has taken analysts by surprise. To date it has been a tale of ongoing expansion with steadily soaring revenues and profitability.


Advent Energy is about to begin drilling the first ever exploration well off the coast of New South Wales, in what may become one of the largest natural gas discoveries of the decade. Ben Sansom talks to managing director David Breeze about the exploration and why the prospects look so good.

 

 

 

 


The automotive industry certainly suffered during the global financial crisis and the knock-on effect for many lower tier affiliates was devastating. Jackie Barclay, managing director at Acoustex, tells Andrew Pelis how reduced order volumes lead to a re-think on inventory strategy that saw the company ride out the storm.

 

 

 


Ford Motor Company has reported net income of $1.7 billion for the third quarter, a rise of 68 percent on the same period a year ago. Pre-tax operating profit totaled $2.1 billion, a $1.1 billion improvement from third quarter 2009.

Total revenue for the quarter declined by $1.3 billion to $29 billion, compared with the third quarter of 2009, which included revenue from Volvo; excluding Volvo’s 2009 sales, revenue increased by $1.7 billion.


ArcelorMittal, the world's biggest steel company, has reported a profits rise of 48 per cent in the three months to the end of September compared with the same period a year earlier.

Net profit for the third quarter was $1.35 billion (approximately €978 million), up from $910 million (approx. €660 million) a year earlier.

Sales also increased, by 30 per cent against the previous year.

Demand for steel demand has once again been rising, though it still remains below pre-crisis levels.


The Chinese-designed Elevated High-Speed Super Bus may be pulling up to bus stops in North America in the not-too-distant-future.

Song Youzhou, designer of the super bus, has formed US Elevated High-Speed Bus (Group) Inc, to plan distribution and manufacturing of the vehicle outside of China, beginning with North America.


Birmingham, UK-based engineering group IMI is to spend €135 million (£120 million) to acquire German industrial valve maker Zimmermann & Jansen.

Zimmermann & Jansen (Z&J), which has manufacturing facilities in Germany, US and South Africa, as well as a sales and purchasing office in China, specialises in the manufacture of heavy-duty valves used in the petrochemical, iron and steel markets.

Z&J also has a strong aftermarket business, with around two thirds of its sales coming from refurbishment, replacement, parts and service.