It’s not as if the sale of a gas turbine production facility with 100 employees in Oberhausen and Switzerland would throw German industry on the brink of insignificance. The business that the Augsburg VW subsidiary MAN Energy Solutions wants to sell to the Chinese state-owned company CSIC Longjiang GH Gas Turbine Co (GHGT) is not important enough for that. And the company had wanted to get rid of its turbines for three years. So it doesn’t take much imagination to imagine how many interested parties have already dropped by in the Ruhr area and then left again.
How investors benefit from companies’ lack of strategy – Economy
