BERLIN: Volkswagen subsidiary MAN Energy Solutions on Tuesday said it signed an agreement to sell its gas turbine business to Chinese state-owned CSIC Longjiang GH Gas Turbine Co , as the company phases out its fossil fuel business.
The Augsburg-based large diesel engines and turbomachinery maker said the decision to divest from the gas turbine business was made three years ago. It said China's CHGT had given a five-years jobs guarantee for the unit's 100 workers in Oberhausen, Germany, and Zurich. "The newly decided sale of the gas turbine business is a logical next step on the way to transforming into a solution provider for sustainable energy supply," the company said in a statement.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer: