Off-highway diesel engine maker DEUTZ says it can look back on a successful 2021, with revenue and earnings both significantly up on the previous year.
Beumer Group, a major global manufacturer of premium tech-led quarrying, cement and mining conveying and loading solutions, has acquired FAM, a Magdeburg, Germany-based supplier of conveying and loading technology.
Healthy market demand and an ability to cope with supply chain challenges helped Cummins post a 5% year-on-year revenue rise to a new record of US$6.4 billion in the first quarter of 2022.
During its virtual annual general meeting in Cologne, the shareholders of DEUTZ, the German off-highway diesel engine maker, approved the board of management and supervisory board’s proposal to pay a dividend of €0.15 per share for 2021.
