H&W ‘can still deliver naval contract’

Quick Summary:

Harland and Wolff's Executive Chairman says the shipyard is still capable of delivering a major Royal Navy contract.

Russell Downs, a restructuring expert, has been running the business since July.

He is working with advisers from Rothschild bank to find buyers for Harland and Wolff’s four UK yards.

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Article Details

Category: Business

Markets: United KingdomSpain

Topics: Future Yards Belfast Business Major Downs Wolff Been Harland Told

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-14 @ 13:03:02 (4 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 577 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 22572291

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 4 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

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Publisher ID: #43

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