PMR Online access    |   tel. +48 12 340 51 00    |   E-mail: info@pmrcorporate.com
 


 

Global drilling services firm to move more production to Poland


2012-11-19



Boart Longyear, a leading global provider of mineral exploration drilling services and products, on 19 November announced that it will move manufacturing operations from Perth in Australia to its facility in Katy Wroclawskie (Dolnoslaskie voivodship) and other locations, as part of a cost-cutting drive expected to bring savings of $70m (approx. €55m) annually.

The company has been hit by a slowdown in the global mining industry, and while revenues have stabilised, it is cutting staff levels and other costs to protect margins.

The Salt Lake City-based, Sydney-listed company conducts contract drilling services in more than 40 countries and provides mining products to customers in over 100 countries.



Browse and search in our archive »


subscribe to PMR RSS NEWS channelsSubscribe to PMR RSS NEWS channels »




Free monthly e-letter containing latest news, analyses and business information on economic situation in Poland, Russia, Bulgaria, Czech Republic, Hungary, Romania, Slovakia, Ukraine, Kazakhstan.
Relevant news
 

Useful links         Privacy Policy
Copyright © 2018 PMR. All rights reserved.

PMR is a British-American company providing market information, advice and services to international businesses interested in Central and Eastern Europe as well as other emerging markets. PMR key areas of operation include business publications (through PMR Publications), consultancy (through PMR Consulting) and market research (through PMR Research). With over fourteen years of experience, high international standards in projects and publications, highly skilled multilingual staff and a wide network of co-operating research companies and market experts, PMR is one of the largest companies of its type in the region.