Rolls-Royce ,the British manufacturer of equipment for ships and aircraft, decided to reduce the number of operating divisions from five to three. The decision to simplify business was taken in order to cut costs and improve the performance of key departments. After the changes, Rolls-Royce will have only three divisions - civil aviation, defense and total energy systems . Changes will come into effect in March this year.
Over the last few days, Rolls-Royce (RYCEY) shares have grown by 4.3% and will continue their active growth on today's news. Trading will be available during the American session, from 14:45 to 21:00 GMT.
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