Belgium’s John Cockerill to acquire French land vehicles maker Arquus

Belgium’s John Cockerill to acquire French land vehicles maker Arquus
Belgium’s John Cockerill to acquire French land vehicles maker Arquus

John Cockerill says it is targeting an annual turnover of €1 billion ($1.1 billion) with this acquisition.

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Arquus, French land vehicle firm, sees annual earnings fall, long-term production concerns

Arquus, French land vehicle firm, sees annual earnings fall, long-term production concerns
Arquus, French land vehicle firm, sees annual earnings fall, long-term production concerns

Arquus CEO Emmanuel Levacher said that in order to meet the objectives of the “war-time economy” called for by President Emmanuel Macon, mainly to produce more equipment, faster and cheaper, “we need visibility to enable us to anticipate and would rather have a firm contract to produce one vehicle a month for 30 months than lots of small contracts.”

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Can European industry support Macron’s ‘war-time economy’? Firms are wary.

Can European industry support Macron’s ‘war-time economy’? Firms are wary.
Can European industry support Macron’s ‘war-time economy’? Firms are wary.

“We need to have a European strategy for industry and innovation because it’s good for our industries and our industrialists, it’s good for employment in our countries, it’s good to have a capacity for innovation that is dual and that our economy needs, and it’s good for our strategic sovereignty,” said Emmanual Macron.

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