Terrible result at Babcock Vølund

Denmark's Vølund booked a huge deficit last year. Major issues at the waste-to-energy plant in Copenhagen, Amager Bakke, are weighing down the plant producer which is in need of life support from its US owner.

by MAZ PLECHINGER

Danish power plant manufacturer B&W Vølund had a disappointing year in 2016. Meanwhile, CEO John Veje Olesen and many other executives were fired over the course of last year. That the company has faced troubles is not news, but the extent of the damage could surprise many.

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