Lack of skilled workers a problem for Engenco

lack-of-skilled-workers-a-problem-for-engenco
SURFACE

This year no longer expected to be a ‘materially stronger’ one

Production of iron ore wagons is due to begin in Karratha in the second half of FY26.

Production of iron ore wagons is due to begin in Karratha in the second half of FY26. | Credits: Gemco Rail

Facing challenges in its rail business, Engenco is no longer expecting an improved financial performance in the 2024-25 financial year. The engineering firm’s Gemco Rail unit has struggled to attract…

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