Titanic builder Harland & Wolff to wind down non-core businesses

Harland & Wolff group

16/09/2024 11:14

Sept 16 (Reuters) - Harland & Wolff  HARL.L  said on
Monday it will wind down its non-core businesses and lay off
some of its employees as the British shipbuilder struggles to
stay in business amid financial woes. 
    The company, known for building the Titanic, will keep its
core operations running at its four shipyards and interests in
the Islandmagee Gas Storage project. 

 (Reporting by Prerna Bedi in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))