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Tag: reduce
Colt to exit IT service, reduce senior executives
2015-06-30 09:55:00| Telecompaper Headlines
(Telecompaper) Colt has approved a new business plan that will put greater focus on the company's core businesses, namely Network, Voice and Data Centre Services, with a managed exit from IT Services. Cost transformations across the group will also continue to be a key strategic focus, with Colt looking to reduce the number of senior executives in order to simplify and streamline operations. The European carrier has been working on the plan since the beginning of the year; it has now been given a provisional approval by its management board. The plan, which is unrelated to the recent buy-out offer by Fidelity, will be put into effect as quickly as possible. The Business Plan is expected bring cash one-off expenses of EUR 45-55 million and a non-cash impairment charge of around EUR 90 million. There will also be an exceptional restructuring cost of EUR 25 million relating to the Core Business. Savings are seen at EUR 25 million per year, reflected in Core Business EBITDA partially this year and fully next year. Trading is still expected in line with expectations for the second quarter; results will be reported before the end of July. Colt is guiding for a free cash flow for its Core Business of EUR 70-80 million for 2015 and of EUR 100-120 million for 2016, including all restructuring exceptionals and cash outflows.
Tags: service
senior
reduce
exit
Britain needs to extend policies to reduce emissions - adviser
2015-06-30 01:17:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The British government needs to extend policies and funding to reduce carbon emissions into the next decade to avoid increasing the cost and impact of global warming, Britain's climate change adviser said on Tuesday. The government has a legally binding target to reduce its greenhouse gas emissions by at least 80 percent from 1990 levels by 2050 to limit the effects of climate change and the committee's role is to advise it on the best way of doing so. Britain's emissions are currently 36 percent...
Tags: policies
reduce
britain
extend
AZ and NM Plant Owners to reduce Four Corners plant emissions.
2015-06-29 14:31:10| Industrial Newsroom - All News for Today
EPA and U.S. Department of Justice announced federal Clean Air Act settlement with Arizona- and New Mexico-based utility companies to install pollution control technology to reduce harmful air pollution from Four Corners Power Plant located on Navajo Nation near Shiprock, NM. Settlement requires estimated $160 million in upgrades to plant’s SO2 and NOx pollution controls, $6.7 million for 3 health and environmental mitigation projects for tribal members, and $1.5 million civil penalty.
Tags: owners
reduce
plant
emissions
CO2 Solutions Welcomes Government Of Alberta Initiative To Reduce Carbon Emissions
2015-06-29 04:07:58| pollutiononline Home Page
CO2Solutions Inc. (TSX-V: CST), applauds the announcement by the Government of Alberta Environment updating their initiatives to reduce CO2and other greenhouse gas emissions
Tags: government
solutions
reduce
carbon
Parker & Sons Supports The Recent Efforts To Reduce Green House Gas Emissions
2015-06-29 03:44:18| pollutiononline Home Page
Parker & Sons, the number one plumbing company in the valley, pledges their support to reduce greenhouse gas emissions
Tags: recent
house
green
reduce
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