Category Archives: Germany

Press Releases & News from Germany distributed via EuropaWire

Hoa Thang 1.2 wind farm: Siemens Gamesa Renewable Energy scores its largest order to date in Vietnam

Hoa Thang 1.2 wind farm: Siemens Gamesa Renewable Energy scores its largest order to date in Vietnam

25 units of Siemens Gamesa’s SG 4.5-145 turbine will be delivered for the Hoa Thang 1.2 wind farm, one of the largest in Vietnam Operation and maintenance service contract secured for 10 years (PRESS RELEASE) ZAMUDIO, Spain, 27-Mar-2020 — /EuropaWire/ … Read the full press release

COVID-19: thyssenkrupp and IG Metall roll out an immediate “Corona crisis package”

COVID-19: thyssenkrupp and IG Metall roll out an immediate "Corona crisis package"

(PRESS RELEASE) ESSEN, 26-Mar-2020 — /EuropaWire/ — Industrial company thyssenkrupp and Germany’s metalworkers union IG Metall announced they will roll out an immediate “Corona crisis package” to deal with the pandemic. Second, the companies have reached an agreement to implement … Read the full press release

COVID-19: Henkel unveils comprehensive global solidarity program in support of employees, customers and communities

Addressing global COVID-19 pandemic Donation of 2 million euros to WHO/UN Foundation COVID-19 fund and selected organizations Donation of 5 million units of personal and household hygiene products Production of disinfectants in Henkel plants Flexible payment terms for hairdressers Ensuring … Read the full press release

Extra-high voltage line in the Rhône Valley now taking shape and work is underway

(PRESS RELEASE) MUNICH, 24-Mar-2020 — /EuropaWire/ — The preparations for the construction of the new 380kV line in the Rhône Valley started by TSCNET shareholder Swissgrid, the Swiss transmission system operator (TSO) in early 2018. The new power line, which … Read the full press release

NORMA Group CEO Dr. Michael Schneider currently receiving medical treatment for COVID-19; COO Dr. Friedrich Klein temporarily assumes CEO role

Dr. Michael Schneider cannot perform his tasks for the time being COO Dr. Friedrich Klein temporarily assumes the tasks of the CEO Management’s ability to act is ensured (PRESS RELEASE) MAINTAL, 24-Mar-2020 — /EuropaWire/ — Dr. Michael Schneider, Chairman of … Read the full press release

Sustainable chair, R.U.M wins Green Product Award 2020

(PRESS RELEASE) ÅRHUS, Denmark, 18-Mar-2020 — /EuropaWire/ — Designed by C.F. Møller Architects and produced by Wehlers. R.U.M. (ReUsed Materials), R.U.M is a sustainable chair with a plastic shell made of fishing nets collected from the world’s oceans. The award … Read the full press release

CLAAS opens first CLAAS Harvest Centre in Eastern India

(PRESS RELEASE) HARSEWINKEL, Germany, 17-Mar-2020 — /EuropaWire/ — CLAAS in India opened one of its kind CLAAS Harvest Centre at Memari, West Bengal. The inauguration was attended by Dr. Jens Oeding, President Region Asia, CLAAS KGaA and Mr. Jay Singh, … Read the full press release

Orange grows connectivity in the wearables space with the roll out of Montblanc’s high-end Summit 2+ eSIM smartwatch

Orange grows connectivity in the wearables space with the roll out of Montblanc's high-end Summit 2+ eSIM smartwatch

French telecom Orange first in the world to remotely connect eSIM with On Device Service Activation on Wear OS by Google The Montblanc’s Summit 2+ eSIM smartwatch joins Orange’s growing smartwatch portfolio  The telecom to roll out Montblanc’s luxury smartwatch … Read the full press release

Deutsche Bank to redeem its USD 800 million 6.55% Trust Preferred Securities of Deutsche Bank Contingent Capital Trust II

Deutsche Bank to redeem its USD 800 million 6.55% Trust Preferred Securities of Deutsche Bank Contingent Capital Trust II

The bank will not call its USD 1.25 billion (~EUR 1,1 billion) 6.25% Additional Tier 1 Notes (PRESS RELEASE) FRANKFURT AM MAIN, 11-Mar-2020 — /EuropaWire/ — Global multinational financial group Deutsche Bank said it will redeem its USD 800 million … Read the full press release

MAHLE names new Head of Corporate Communications/Public Relations Manuela Höhne

(PRESS RELEASE) STUTTGART, 11-Mar-2020 — /EuropaWire/ — Automotive parts manufacturer, MAHLE, announces the appointment of Manuela Höhne as the new Head of Corporate Communications/Public Relations. Manuela will take up her new position on April 1, 2020 and will report to … Read the full press release

Offshore wind energy: EIB to loan EUR 250 million to TSO TenneT Holding B.V. for the Zuidwest 380 kV project

(PRESS RELEASE) ARNHEM, Netherlands, 9-Mar-2020 — /EuropaWire/ — TenneT Holding B.V. and The European Investment Bank (EIB) sign EUR 250 million loan agreement to finance the western section of TenneT’s “Zuidwest 380 kV” project. The EIB financing will support the … Read the full press release

Hydro releases its primary aluminium range with low CO2 footprint to the extrusion market

(PRESS RELEASE) OSLO, 4-Mar-2020 — /EuropaWire/ — Hydro REDUXA certifiably contains up to 4 kg CO2 per kg aluminium compared to the average aluminium consumed in Europe which contains 8.6 kg CO2 per kilo aluminium. Hydro sees an increase in … Read the full press release

CUPRA expands team to achieve EUR 1 billion turnover — appoints Wayne Griffiths as Chairman of the Board

(PRESS RELEASE) MARTORELL, 2-Mar-2020 — /EuropaWire/ — Wayne Griffiths has been appointed Chairman of the Board of Directors of CUPRA. The appointment expands Griffiths’ responsibility as SEAT Executive Vice-President for Sales and Marketing and CUPRA Chief Executive Officer. CUPRA Board … Read the full press release

Vattenfall participates in the second round of funding of PV management firm Solytic

Vattenfall participates in the second round of funding of PV management firm Solytic

(PRESS RELEASE) STOCKHOLM, 25-Feb-2020 — /EuropaWire/ — Europe’s leading electricity and heat producer and retailer Vattenfall has announced it is taking part of the 2nd round of financing of Berlin-based solar management startup Solytic. Other investors include energy and telecommunications … Read the full press release

Bosch to house its IoT, AI and digital competence into a new company called Bosch.IO

Bosch to house its IoT, AI and digital competence into a new company called Bosch.IO

(PRESS RELEASE) BERLIN, 17-Feb-2020 — /EuropaWire/ — Multinational engineering and technology group Bosch has announced it is establishing a new division aimed at housing its internet of things (IoT) activities. The new subsidiary will be called Bosch.IO (legal entity Bosch.IO … Read the full press release

NORRES strengthens globalization strategy with the acquisition of hose distributor specialist Jarl Elmgren

(PRESS RELEASE) GELSENKIRCHEN / FRANKFURT, Germany / HALSMSTAD, Sweden, 17-Feb-2020 — /EuropaWire/ — NORRES Group has acquired a specialist distributor of flexible hoses, Jarl Elmgren AB. Jarl Elmgren is a Swedish hose distributor with a wide range of hoses and … Read the full press release

Montagu announces the acquisition of RTI Surgical Holdings’ OEM business

(PRESS RELEASE) LONDON, 13-Feb-2020 — /EuropaWire/ — Leading European private equity firm, Montagu Private Equity to acquire the OEM, sports and reconstructive surgery implants divisions of RTI Surgical Holdings. RTI’s OEM business has a global customer base for biologic, metal … Read the full press release

Rheinmetall will equip the German troops with laser duel simulators for realistic training exercises

(PRESS RELEASE) DÜSSELDORF, 5-Feb-2020 — /EuropaWire/ — Rheinmetall will be providing simulation technology to German Bundeswehr contributing to its combat readiness for mechanized infantry units equipped with Puma infantry fighting vehicles (IFV). The defense company, Rheinmetall, will upgrade their system … Read the full press release

Allianz to establish life insurance joint venture in Japan with AEON Financial Service

Allianz to establish life insurance joint venture in Japan with AEON Financial Service

(PRESS RELEASE) MUNICH, 4-Feb-2020 — /EuropaWire/ — Allianz SE announced it will establish a life insurance joint venture (JV) with bank holding group AEON Financial Service (AFS). The newly formed joint venture will focus on developing and marketing life insurance … Read the full press release

Total, Groupe PSA tie up to launch battery manufacturing plant for electric vehicles in Europe

(PRESS RELEASE) PARIS, 31-Jan-2020 — /EuropaWire/ — Total, through its affiliate Saft, intends to establish a joint venture with Groupe PSA/Opel called the Automotive Cell Company (AAC). The joint venture will develop an electric vehicle (EV) battery manufacturing facility in Europe. … Read the full press release

ZEISS partners with RIKEN Innovation to accelerate bioengineering innovations

(PRESS RELEASE) OBERKOCHEN,Germany / TOKYO, Japan, 31-Jan-2020 — /EuropaWire/ — ZEISS announces strategic collaboration with RIKEN Innovation Co., Ltd. The partnership will involve RIKEN’s expertise in bioengineering and image data manipulation and ZEISS’ leadership in optical solutions to facilitate in … Read the full press release

ECE Fund II in Spain buys Intu Asturias shopping center in Oviedo from intu properties plc and Canada Pension Plan Investment Board for EUR 290 million

(PRESS RELEASE) HAMBURG, 29-Jan-2020 — /EuropaWire/ —The  European leader in the shopping centers market ECE announced that its ECE Fund II in Spain has acquired the “intu Asturias” shopping center in Oviedo, Spain. Post acquisition, the ECE Fund II has … Read the full press release

Infront Lab invests in AI-based video tracking and analytics startup Videocites

Infront Lab invests in AI-based video tracking and analytics startup Videocites

(PRESS RELEASE) ZUG, 28-Jan-2020 — /EuropaWire/ — Wanda Sports Group controlled Infront announced it has taken a stake in the AI-driven video tracking and analytics company Videocites. Infront plans to introduce Videocites’ technology and services to current and future rights … Read the full press release

Bayer supports the fight against coronavirus in China with medicines and financial aid

(PRESS RELEASE) LEVERKUSEN, 28-Jan-2020 — /EuropaWire/ — Bayer is supporting people affected by the novel coronavirus outbreak in China. The pharmaceutical company is contributing medicines and financial help worth of approximately EUR 1.5 million. The donations will be sent to … Read the full press release

RCH To Present New Smart ECR, Robust and Vintage POS Systems at EuroShop 2020

(PRESS RELEASE) TREVISO, Italy, 27-Jan-2020 — /EuropaWire/ — This February (16-20), RCH Group will be exhibiting at EuroShop, the world’s largest trade fair for retail investment requirements. On booth #G49 in Hall 6 the company will introduce a number of … Read the full press release

RTL Group’s Divimove aims at the DACH market with the acquisition of German based influencer network

RTL Group's Divimove aims at the DACH market with the acquisition of German based influencer network

(PRESS RELEASE) BERLIN/COLOGNE, 24-Jan-2020 — /EuropaWire/ — The largest online video firm in Europe and subsidiary of RTL Group, Divimove GmbH is acquiring Tube One Networks, specialized in social media and influencer marketing. The Cologne-based German agency boasts some 300 … Read the full press release

Bayer names their new Information and Digital Transformation Chief

(PRESS RELEASE) LEVERKUSEN, 24-Jan-2020 — /EuropaWire/ — Pharmaceutical company, Bayer, appoints Bijoy Sagar as their new Chief Information and Digital Transformation Officer (CIDO). Sagar, 50, will take over the CIDO position effective in June 2020. Sagar will assume the said … Read the full press release

DHL Freight creates new Transport Management through ‘EVO’

(PRESS RELEASE) BONN, 22-Jan-2020 — /EuropaWire/ — Leading road freight services, DHL Freight, implements single Transport Management System (TMS) called ‘EVO’ catering all DHL freight operations in Europe. The IT system, EVO – comes from the term “evolution”, creates an … Read the full press release

The ancient home of Confucius, the city of Luoyang, will launch its metro line equipped with thyssenkrupp elevators and escalators

The ancient home of Confucius, the city of Luoyang, will launch its metro line equipped with thyssenkrupp elevators and escalators

(PRESS RELEASE) ESSEN, 17-Jan-2020 — /EuropaWire/ — Chinese historical city Luoyang in the Henan province will be launching its metro in 2021 by relying on 234 elevators and escalators from thyssenkrupp Elevator. The company has just announced it won the … Read the full press release

‘Financial NewTech Challenge 2020’ launches today

(PRESS RELEASE) PARIS, 17-Jan-2020 — /EuropaWire/ — French multinational company, Capgemini together with Efma launched the Financial NewTech Challenge 2020 today, powered by FinTechVisor. The Financial NewTech Challenge 2020 aims to discover the best collaborative business solutions that will be … Read the full press release