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Hydraulic Institute Names SL's Mrkvicka Member Of The Year - Vimarsana News

Hydraulic Institute Names SL's Mrkvicka Member Of The Year

The Hydraulic Institute (HI) bestowed its highest individual honor on Smith & Loveless Inc. vice president of engineering Rodney Mrkvicka, P.E.,...

Insolvency risks and green opportunities for German marine sector - Vimarsana News

Insolvency risks and green opportunities for German marine sector

In an open stream at SMM Digital on Wednesday, Martin Johannsmann, ceo of SKF GmbH, Schweinfurt and chairman of the board of German marine equipment suppliers association - VDMA Marine Equipment and Systems, was generally upbeat about the sector despite the challenges the Covid-19 pandemic had presented in 2020. Looking into 2021 the biggest risk is that of financial stress to companies. “In the short term we need to be very careful in our industry of suppliers or customers about problems,. Companies may face insolvency even, until we normalise this one of the biggest risks, and we all need...