Rolls-Royce halts sale of Bergen Engines after Norway voices security concerns

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OSLO: Rolls-Royce said Tuesday it had halted its planned sale of a Norwegian engine maker to a Russian company, after Norway said it might exercise a ...

Rolls-Royce said the proposed sale of Bergen Engines was ‘only a very small part’ of the £2 billion divestment programme announced last August to strengthen the company’s finances. – AFPPIXRolls-Royce said Tuesday it had halted its planned sale of a Norwegian engine maker to a Russian company, after Norway said it might exercise a veto in the name of national security.

Bergen Engines, which employs 950 people, has been part of Rolls-Royce since 1999, servicing engines for Norwegian Navy vessels and, according to local media reports, for the top-secret intelligence gathering ship“The government has been studying this matter for the last month, and can’t rule out that the sale of Bergen engines to TMH Group could pose risks to national security interests,“ Justice Minister Monica Maeland said in a statement.

Speaking to broadcaster TV2, the Norwegian Army chief Eirik Kristoffersen said the military would potentially have to cancel all its contracts with Bergen Engines.

 

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