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SNC-Lavalin : News

Corporate Canada ramps up campaign to drive down costs

A soft Canadian economy that’s facing uncertain prospects has corporate Canada putting costs, and in some cases jobs, on the chopping block.

Posted on 11-05-2015 at 12:17 PM
Tags: Telus, Dorel, SNC-Lavalin, Canadian Natural Resources

SNC-Lavalin steps up cost-cutting effort as profit rises

Canadian engineering company SNC-Lavalin Group Inc. is stepping up cost-cutting efforts as it reported a nearly four-fold increase in profit for its latest quarter.

Posted on 11-05-2015 at 9:07 AM
Tags: SNC-Lavalin

SNC-Lavalin to replace CEO hired amid bribery scandal

Robert Card is stepping down as head of Canadian engineering giant SNC-Lavalin Group. The Montreal-based company said that industry veteran Neil Bruce will replace Mr. Card on Oct. 5.

Posted on 9-14-2015 at 8:43 AM
Tags: SNC-Lavalin

SNC-Lavalin profit falls on construction, engineering

CEO Robert Card is pressing ahead with plans to eliminate about 9 percent of SNC-Lavalin’s workforce by 2016 while integrating last year’s $2.1 billion acquisition of Kentz Corp.

Posted on 8-06-2015 at 9:24 AM
Tags: SNC-Lavalin

SNC says it’s ‘not for sale’ amid buyout speculation

The Financial Post reported that at least two rivals had approached Canada’s largest engineering and construction company to discuss a takeover.

Posted on 6-03-2015 at 4:00 PM
Tags: SNC-Lavalin CTV Two CTV News CTV News Channel BNN - Business News Network CP24