Rolls-Royce Power Yields Stable Revenue in 1H 2014
Revenues generated by Rolls-Royce Power Systems AG remained stable in the first half of 2014. The 2014 half-year report published today by the Rolls-Royce Group shows revenues for the “Power Systems” segment of £1.214 billion (€1.473 billion). This represents 17% of the total revenues generated by Rolls-Royce. The business activities of today’s Rolls-Royce Power Systems AG are now included in the “Power Systems” segment, which is made up of the former Tognum Group, including the Norwegian subsidiary, Bergen Engines AS.
Rolls-Royce Power Systems Is A Top Employer
Rolls-Royce Power Systems AG has been confirmed as one of Germany´s most attractive employers. The company has received awards for its exemplary HR management policies and for the outstanding benefits it offers employees. Over recent years, the prestigious Top Employers Institute awarded RRPS predecessor Tognum AG its ´Top Employer, Engineering´ seal of excellence four times and conferred the `Top Employer, Germany´ title three times. The Top Employers Institute recognizes leading employers worldwide who offer outstanding working conditions.
Rolls-Royce Hopes to Conclude Siemens Deal
Britain's Rolls-Royce is hopeful of concluding an estimated 1 billion euro ($1.4 billion) disposal, talks on which it announced earlier this week as it looks to exit an energy-related business it sees as too small to effectively compete globally. Rolls, the world's second-largest maker of aircraft engines behind General Electric, had on Tuesday announced talks on the possible sale to Germany's Siemens of its unit which makes equipment for the oil and gas industry, as well as power-generation gear for utilities.
