`All Simple Production Will Go East'Gail E. Schares
It was an unlikely courtship. As communism collapsed in Eastern Europe, Asea Brown Boveri, the Swedish-Swiss giant known for its production efficiency, wooed a near-bankrupt engineering company in northern Poland. The takeover target--125-year-old Zamech--was a Western manager's nightmare: bloated payroll, bad worker attitudes, and poor-quality goods.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Gulf of Mexico Oil Spill May Be Largest Since 2010 BP Disaster
- Billionaire Tom Barrack Throws Harvey Weinstein a Lifeline
- Everything Is Crazy and the Markets Aren’t Freaking Out
- Facebook Is Looking for Employees With National Security Clearances
- Airbus Snaps Up Bombardier Jet in New Challenge to Boeing