MAN to restructure four-stroke department

The MAN Group has announced it is to restructure the department producing four-stroke engines in its Diesel Engine division. In the Group?s interim results, covering the first six months of 2001, it says the department will not realise the increase in earnings the group had projected. It says earnings in the two-stroke division will exceed targets. The results don?t explicitly mention operating subsidiaries producing four-stroke diesels. These include MAN B&W in Germany, SEMT Pielstick in France and the Ruston, Paxman and Mirrlees Blackstoine brands in the UK.