Engie looks to future after losses and more restructuring moves
Tuesday, 07 March 2017
CEO Kocher is planning to focus on three divisions including natural gas
Our Europe editor
Engie, the French energy, utility and LNG trading and importing company, narrowed its net losses to 415 million euros ($437M) for 2016, though it took a massive hit of over $4 billion for impairments in the power market and one-off items as it restructured in the commodities downturn.
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