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American owner rejects further divestment

Tuesday's two major news stories at Babcock & Wilcox do not change the strategy, assures the American owner of the West Jutlandic mammoth

Yesterday it emerged that American B&W has once again appointed a new CEO at its Danish company Babbook & Wilcox A/S in Esbjerg and at the same time has sold Babcock & Wilcox Renewable Service (BWRS) in Holsted.

Will the new CEO at Babcock & Wilcox have a longer tenure than their predecessor - and is a Danish divestiture the beginning of the end for American B&W's operations in Denmark?

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