Former VDM Group boss Andrew Broad has returned to his former employer, mining services business Ausdrill, and will become its chief operating officer of Australian operations.
VDM Group says it is set to make a return to profitability, after reporting its entitlements offer raised $7 million more than its $28 million minimum subscription target.
Consulting, contracting and engineering firm VDM Group has announced $66.5 million in new contracts, including a deal with BHP Billiton Nickel West worth more than $40 million.
Engineering and construction company VDM Group has completed a review of its operations and confirmed Andrew Broad as the permanent successor to Ken Perry as chief executive, effective immediately.