Tag: National Engineering Industries

National Engineering Industries to cover vaccination cost for all its employees

National Engineering Industries Ltd (NEI), part of USD 2.4 billion diversified CK Birla Group has recently announced that the company has pledged to cover the cost of COVID-19 vaccination for its 2800 employees and their immediate family members. In the current phase of vaccination drive, people above 45 years of age are being vaccinated. NEI…

National Engineering Industries acquires Kinex Bearings in Europe

National Engineering Industries Ltd (NEI), part of the USD 2.4 billion diversified CK Birla Group, announced the acquisition of Kinex bearings through its wholly owned European subsidiary. Kinex Bearings is an international bearing manufacturer headquartered in Slovakia with an annual turnover of about 60mn Euro. This transaction is in line with NEI’s strategy to augment…