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Trevira

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RIL unveils new team for Trevira

Reliance Industries has announced a new management team for its newly acquired German company Trevira.The team will be led by Bernd Sassenrath who has been retained as the chief executive officer.......

EC okays RIL's acquisition of Trevira

The European Commission has approved the acquisition of the German speciality polyester manufacturer Trevira by Reliance Industries Ltd, the largest Indian private sector company.The Commission of......

Indian companies facing the heat in foreign acquisitions

Tata Steel Ltd is not the only company to have made a massive non-cash write-down on its foreign business.Many top Indian companies that have gone on a frenzied foreign acquisition drive in the......

German court sells Reliance's bankrupt unit

A German bankruptcy court has sold off Reliance Industries' polyester making subsidiary Trevira GmbH to two local entrepreneurs for an undisclosed amount. The sale of euro 210-million (nearly Rs......

RIL's German arm files for bankruptcy

Reliance Industries Ltd said on Wednesday its Germany arm Trevira has filed for bankruptcy after it was hit by slowdown in Europe. "Trevira filed an application with the Augsburg Court in State of......

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