(IN BRIEF) Aurubis AG, a multimetal company, is experiencing strong growth as it raises its full-year forecast based on impressive half-year results. The company generated operating earnings before taxes (EBT) of €291 million in the first half of the fiscal … Read the full press release
Posted in Business, Financial, Germany, Industrial, Management, Metals and Minerals
Tagged Aurubis, Aurubis AG, Multimetal company, operating earnings, Operating ROCE, Pirdop, recycling, revenues, Roland Harings, sulfuric acid
(IN BRIEF) DHL Global Forwarding has introduced new features and updates to its myDHLi customer portal, aimed at improving logistics performance, resilience, and sustainability. The upgrades were unveiled during the third myDHLi Digital Summit, broadcast live from the transport logistic … Read the full press release
Posted in Business, Germany, Industrial, Management, Technology, Transportation & Logistics
Tagged air freight, Deutsche Post DHL Group', DHL Global Forwarding, GoGreen Plus, international freight specialist, logistics, myDHLi Digital Summit, myDHLi portal, ocean freight, Quote + Book, shipment, Smart ETA myDHLi, supply chain, Tim Scharwath, transport logistic trade fair
(IN BRIEF) Industrial gases specialist, Messer, plans to launch a CO2 recovery plant in Austria in 2024, using BASF’s OASE® blue technology to recover CO2 from an industrial company’s flue gas. The recovered CO2 will be refined to food grade … Read the full press release
(IN BRIEF) Volkswagen has announced its continued partnership with the Kultursymposium Weimar, a biennial event organized by the Goethe-Institut. The fourth edition of the event will focus on trust in social, cultural, and technological contexts and will feature creative performances, … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Education, Germany, Industrial, Science, Technology
Tagged artificial-intelligence, Goethe-Institut, Hauke Stars, ID. Buzz, Kultursymposium Weimar, Machine Learning Research Lab, Northeastern University Khoury College of Computer Sciences, Professor Patrick von der Smagt, Ramak Molavi Vasse’i, Rasika Bhalerao, The Volkswagen Group
(IN BRIEF) Infineon Technologies has launched CALYPSO move, the first secured memory for simple contactless ticketing based on the Calypso basic specification. The technology aims to address the need for sustainable, convenient, and interoperable ticketing solutions in the rapidly expanding … Read the full press release
Posted in Electronics & Machinery, Germany, Industrial, Infrastructure & Utilities, Technology, Transportation & Logistics
Tagged AFC, Automatic Fare Collection, Calypso Networks Association, Calypso®, CALYPSO™ move, CNA, contactless ticketing based, digital ticketing, Infineon Technologies AG, Paulo Barreto, public transport operators, smart mobility, ticketing solutions, Tolgahan Yildiz
(IN BRIEF) Deutsche Bank has been named a market maker for Northbound Swap Connect, a mutual access initiative between Hong Kong and China’s interest rate swap markets. The launch of Swap Connect will provide overseas investors with access to an … Read the full press release
(IN BRIEF) ANDRITZ, an international technology group, will present its latest technologies and services for the wood industry at LIGNA 2023 in Hanover, Germany, from May 15 to 19. The company’s theme for the event is “Building the Future Together,” … Read the full press release
Posted in Austria, Electronics & Machinery, Energy, Gas & Oil, Environment, Germany, Industrial, Marketing, Technology
Tagged AI, Andritz, ANDRITZ adjustable plug screw feeder, ANDRITZ autonomous logyard crane, ANDRITZ PM30-6 pellet mill, artificial intelligence, Biomass processing, chipping equipment, debarking, fiberboard production, fine milling, LIGNA 2023, log handling, Metris ANDITM, pellet mill, pelleting, Sawmill products, wet milling, wood industry
(IN BRIEF) The news story is about DHL Freight launching a new, sustainable intermodal rail freight service between Germany and Denmark. The service will depart from Duisburg in Germany and Padborg in Denmark, with three weekly departures each way. The … Read the full press release
(IN BRIEF) The United States and the European Union have agreed to a five-year truce in their long-standing dispute over subsidies provided to Boeing and Airbus. The dispute, which began in 2004, has seen the two sides impose tariffs on … Read the full press release
(IN BRIEF) Volkswagen Group’s volume brands, Volkswagen, Škoda, SEAT/CUPRA, and Volkswagen Commercial Vehicles, have published a quarterly report for the first time, showing their positive performance in the first quarter of 2023. The report reflects a doubling of operating profit … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Management
Tagged CUPRA, full-electric vehicles, Operating profit, SEAT, ŠKODA, Thomas Schäfer, Volkswagen, Volkswagen Commercial Vehicles, Volkswagen Group
(IN BRIEF) CARIAD, Volkswagen Group’s software subsidiary, has announced a comprehensive realignment plan to accelerate execution of the E³ platforms, develop software-defined vehicles (SDV), and intensify technology partnerships with tech players. Peter Bosch, former Member of the Board for Manufacturing … Read the full press release
Posted in Automotive, Germany, Industrial, Management, Technology
Tagged appointment, Bentley, CARIAD, Michael Steiner, Peter Bosch, restructuring, Scout Motors, SDV, software-defined vehicles, Volkswagen AG, Volkswagen Group
(IN BRIEF) Rheinmetall has secured a €125 million order from the Royal Australian Navy and the Commonwealth of Australia for the Multi Ammunition Softkill System (MASS), which will initially be used to equip Hobart-class destroyers and ANZAC-class frigates. The first … Read the full press release
Posted in Automotive, Business, Defence, Germany, Government, Industrial, Management, News, Security & Safety
Tagged Martin Fegg, MASS, Nathan Poyner, Rheinmetall, Royal Australian Navy, ship protection
(IN BRIEF) Dr. Andreas Mattner, the Managing Director of ECE Development & Consulting, will be leaving ECE on May 31, 2023, as planned, due to reasons of age. He played a significant role in building ECE’s division for the development … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Real Estate
Tagged Alexander Otto, Andreas Mattner, ECE, Managing Director
(IN BRIEF) Infineon Technologies AG has released its range of CoolGaN devices to the broader market, following the successful integration of the CoolGaN 600 V HD-GIT technology into its in-house manufacturing. The expanded GaN portfolio includes a wide range of … Read the full press release
Posted in Electronics & Machinery, Germany, Industrial, Technology
Tagged adapters, chargers, CoolGaN™ 600 V, GaN devices, HD-GIT, hybrid-drain-embedded gate injection transistor, Infineon Technologies AG, JEDEC standards, JESD22, JESD47, led lighting systems, motor drives, PCIM Europe 2023, servers, TV/monitor
(IN BRIEF) Infineon Technologies AG has launched its latest generation of power MOSFETs for automotive applications, called the OptiMOS 7 40V MOSFET family. These MOSFETs combine thin-wafer technology with innovative packaging to deliver significant performance benefits in tiny packages, making … Read the full press release
(IN BRIEF) On Girls’ and Boys’ Day in Germany, SGL Carbon opened its doors to interested children and young people at its sites in Bonn and Meitingen. Nine children in Bonn and six visitors in Meitingen were welcomed by the … Read the full press release
Posted in Chemicals, Education, Germany, Management, Metals and Minerals, News
Tagged carbon, CHILDREN, Girls' and Boys'Day, graphite, SGL Carbon
(IN BRIEF) EnBW, a German energy company, has reported a significant increase in its first-quarter operating result, with a Group adjusted EBITDA of €2.8 billion, compared to €1.2 billion generated in the same period last year. The earnings growth was … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Infrastructure & Utilities, Management, News
Tagged EnBW, finacial, Financial, infrastructure
(IN BRIEF) EnBW, a German energy company, has opened a new fast-charging station with a solar canopy near the A7 autobahn. With 32 high-power charging (HPC) points, it is one of the largest fast-charging stations in Germany, and EnBW’s second-largest. … Read the full press release
(IN BRIEF) Researchers from the University of Freiburg have found that triple-negative breast cancer stem cells are invisible to the immune system due to changes in their metabolism. The study discovered that the cells adapt to become undetectable by downregulating … Read the full press release
(IN BRIEF) Henkel, the German consumer goods and adhesives manufacturer, announced a strong start to the year with group sales of approximately €5.6 billion in the first quarter of 2023. The company achieved a very strong organic sales growth of … Read the full press release
Posted in Business, Chemicals, Financial, Germany, Industrial, Management, News
Tagged Carsten Knobel, Financial, Henkel, organic growth
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