Norwegian yard group books profit after huge cuts

Bergen Group has been closely shaved to the point of being unrecognizable, but managed to book a small profit in the third quarter. The company's creditors have forgiven debt of approximately USD 21 million.

by OLE ANDERSEN

Norwegian yard group Bergen Group looks like it is going in the right direction, albeit in a drastically reduced form with only 150 employees remaining against 2000 one year ago.

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