(IN BRIEF) The Supreme Court of New York has ruled against Ricardo Salinas Pliego and Grupo Elektra for failing to comply with court-ordered financial disclosures. The court found Salinas and his entities in contempt, imposing escalating daily fines, starting at … Read the full press release
Posted in Business, Financial, Germany, Investment, Law
Tagged alter ego motion, Astor Asset Management 3 Ltd, AT&T Mobility Holdings B.V., AT&T Mobility Holdings lawsuit, Banco Azteca, Banco Azteca court case, Contempt Of Court Order, financial obligations, grupo elektra, Grupo Elektra contempt case, Grupo Elektra legal sanctions, Grupo Salinas, Grupo Salinas alter ego ruling, Grupo Salinas Telecom II S.A. de C.V., Grupo Salinas Telecom S.A. de C.V., legal obligations, New York Court, Ricardo Salinas legal battle, Ricardo Salinas Pliego, Ricardo Salinas Pliego lawsuit, Salinas Pliego financial judgment, Supreme Court of New York, US court decision on Salinas, US court fines Grupo Salinas, USA Court
(IN BRIEF) Covestro is investing a low triple-digit million Euro sum to expand its operations in Hebron, Ohio, by adding multiple production lines for polycarbonate compounds and blends. This expansion will support the growing demand for high-quality materials in industries … Read the full press release
Posted in Business, Chemicals, Germany, Industrial, Investment
Tagged automotive, blends, compounding capabilities, Covestro, digitalization, electrification of mobility, electronics, engineering plastics, healthcare industries, Hebron, Lily Wang, Ohio, Pittsburgh, polycarbonate compounds, production lines, R&D center, Samir Hifri, Solutions & Specialties business, supply reliability, sustainable development, sustainable growth strategy, technology transfer, Thorsten Dreier, U.S., U.S. compounding plant
(IN BRIEF) Software GmbH has completed the sale of its Alfabet and Cumulocity businesses, following earlier divestments in July. This marks a strategic shift as the company refocuses on Adabas & Natural (A&N) and ARIS, now operating as standalone entities. … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged appointment, Christian Lucas, divestments, leadership, Martin Biegel, Martin Clemm, Robin Colman, Sanjay Brahmawar, Software GmbH, Toktam Khatibzadeh
(IN BRIEF) KION Group, in collaboration with Accenture and NVIDIA, unveiled a vision of the future warehouse at CES 2025 in Las Vegas. The companies are using advanced AI and simulation technologies, including digital twins powered by NVIDIA’s Omniverse and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Economy, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Accenture, AI-Driven Future, CES 2025, Jensen Huang, Julie Sweet, KION Group, NVIDIA, partnership, Rob Smith, Warehouse Operations
(IN BRIEF) Mutares has completed the sale of Asteri Facility Solutions to SOL Facility Services, with the transaction finalizing in December 2024. The sale follows a successful repositioning of Asteri, which specializes in soft facility management across Sweden and is … Read the full press release
Posted in Business, Germany, Industrial, Investment, Sweden
Tagged acquisition, Asteri Facility Solutions, Baltic countries, business model, customer relationships, Erki Milistver, Gothenburg, Greater Stockholm, growth strategy, Johannes Laumann, Malmö, Mutares SE & Co. KGaA, Nordic countries, Repositioning, soft facility management, SOL Facility Services, SOL Group, Stockholm, sustainability, Swedish Market
(IN BRIEF) Dräger’s BG ProAir closed-circuit breathing apparatus has been chosen by Jastrzębska Spółka Węglowa (JSW) SA as the preferred respiratory protection for its mine rescue teams in Poland. The purchase of 435 units follows extensive testing at all JSW … Read the full press release
Posted in Business, Germany, Industrial, Metals and Minerals, Poland
Tagged Adam Rozmus, Advanced Technology, BG ProAir, carbon dioxide removal, closed-circuit breathing apparatus, comfort, connectivity, data communication, December 2024 delivery, Dräger, Dräger Safety AG & Co. KGaA, Helge Trabert, Jastrzębska Spółka Węglowa, JSW, life-critical operations, mine rescue equipment, mine rescue stations, Mine Rescue Teams, oxygen-enriched air, positive pressure breathing circuit, respiratory protection, safety, safety technology, voice communication
(IN BRIEF) Dr. Dirk Schumacher has been appointed as the new Chief Economist of KfW Group, effective 1 April 2025. With a doctorate in economics, Schumacher brings extensive experience from his previous roles at Commerzbank, Goldman Sachs, the European Central … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany
Tagged appointment, Chief Economist, Commerzbank, Dr. Dirk Schumacher, Economic Analysis, Economics, European Central Bank, European economy, Fritzi Köhler-Geib, German economy, Goldman Sachs, KfW Group, KfW Research, macroeconomic research, Natixis, Stefan Wintels
(IN BRIEF) Siemens has launched the “Siemens for Startups” program at CES 2025, aimed at empowering early-stage engineering and manufacturing startups. The initiative provides access to Siemens’ software and hardware, helping these companies innovate, streamline development, and scale faster. In … Read the full press release
Posted in Business, Electronics & Machinery, Germany, Technology
Tagged 3D printing, AI analytics, Amazon Web Services, Arkisys, automated manufacturing, aws, AWS Activate program, AWS Startup program, business development resources, CES 2025, cloud infrastructure, design software, Dirac, engineering startups, EthonAI, failure analysis, generative AI, global network, Haddy, INNOVATION, Instrumental Technology, Manufacturing, manufacturing startups, Peter Koerte, satellite integration, Siemens, Siemens for Startups, Siemens Xcelerator, simulation, software tools, startups growth, technology, venture clienting, venture-related services
(IN BRIEF) At CES 2025 in Las Vegas, Continental will debut its innovative window projection solution, which allows content to be displayed on a vehicle’s rear side windows, visible from the outside when parked. The technology uses a mini projector … Read the full press release
(IN BRIEF) Rheinmetall has been contracted by the Ukrainian Ministry of Defense to deliver an additional 180,000 rounds of 35mm ammunition for the Gepard anti-aircraft system, with production set to begin in 2026. The high-value order, funded by Germany, will … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Ukraine
Tagged Air Defense, Ammunition, Gepard System, partnership, Rheinmetall, SECURITY, UKRAINE
(IN BRIEF) CompuGroup Medical’s governing bodies have endorsed CVC Capital Partners’ voluntary public tender offer, recommending that shareholders accept the proposed price of €22.00 per share. Following a thorough evaluation of the offer, including fairness opinions from Deutsche Bank and … Read the full press release
Posted in Business, Germany, Healthcare, Management
Tagged Administrative Board, AI technology, cloud-based software, CompuGroup Medical, CVC Capital Partners, Daniela Hommel, delisting offer, Deutsche Bank, fairness opinions, Frank Gotthardt, Gotthardt family, growth strategy, J.P. Morgan, Managing Directors, minimum acceptance threshold, Philipp von Ilberg, Prof. Dr. Daniel Gotthardt, regulatory conditions, share acceptance period, Supervisory Board, tender offer, voluntary public tender offer
(IN BRIEF) Volkswagen celebrates 50 years of the Polo, an iconic small car that has sold over 20 million units across six generations since its debut in 1975. Renowned for its affordability, quality, and innovation, the Polo has become a … Read the full press release
Posted in Automotive, Business, Germany, News
Tagged 1975 Polo L, 2025, 50 Years, Advanced Technology, affordability, affordable mobility, anniversary, Bremen Classic Motorshow, digital technology, global bestseller, hill climb Polo, historic models, INNOVATION, legacy, motorsport achievements, Polo, Quality, safety features, six generations, small car, Volkswagen, Volkswagen Classic, World Rally Championship
(IN BRIEF) DHL eCommerce and CTT Expresso have partnered to create the largest pick-up and delivery network across Spain and Portugal, aiming to handle over 1 million daily shipments and enhance e-commerce logistics for B2B and B2C markets. As part … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Internet & Online, Investment, Management, News, Portugal, Retail, Spain, Technology, Transportation & Logistics
Tagged CTT Expresso, DHL eCommerce, E-Commerce Delivery Network, Iberia, João Bento, Pablo Ciano, partnership, PORTUGAL, Spain, sustainability
(IN BRIEF) BASF, alongside partners Endress+Hauser, TechnoCompound, and the Universities of Bayreuth and Jena, is leading the SpecReK project to enhance the mechanical recycling of plastics using advanced spectroscopic technology and AI. Funded by the German Federal Ministry of Education … Read the full press release
Posted in Artificial Intelligence (AI), Business, Chemicals, Education, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Science, Technology
Tagged AI, BASF, Dr. Bernhard von Vacano, Endress+Hauser, partnership, plastic recycling, SpecReK project, sustainability, TechnoCompound, Universities of Bayreuth and Jena
(IN BRIEF) Volkswagen Group and PowerCo have partnered with Patriot Battery Metals to secure a long-term supply of lithium for EV battery production. Volkswagen is investing $48 million for a 9.9% equity stake in Patriot and has signed a 10-year … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News
Tagged CANADA, EV Battery Production, Jörg Teichmann, Ken Brinsden, Lithium Supply, partnership, Patriot Battery Metals, PowerCo, sustainability, Thomas Schmall, Volkswagen Group
(IN BRIEF) MAHLE has received the ESG Transparency Award 2024 from EUPD Research, earning the highest possible excellence rating with a score of 86% for its 2023 sustainability report. The award highlights MAHLE’s leadership in integrating transparent and forward-thinking sustainability … Read the full press release
(IN BRIEF) Henkel has partnered with the U.S. Soccer Federation in a multi-year collaboration, becoming the Presenting Partner of the Young Player of the Year Awards and Community Youth Soccer Clinics and a Supporting Partner of the Arthur M. Blank … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Investment, Management, News, Sports, Technology
Tagged Carsten Knobel, Henkel, JT Batson, partnership, sport, U.S. Soccer
(IN BRIEF) Schaeffler Vehicle Lifetime Solutions has teamed up with Kuehne+Nagel to manage a new 3,000sqm Central Logistics Center in Thailand, located near Schaeffler’s manufacturing plant in Chonburi. The center will handle kitting, goods receiving, and shipping, enhancing delivery capacity … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged automotive, David Roussiere, Germany, Kuehne+Nagel, logistics center, Micah Shepard, partnership, Schaeffler, sustainability, Switzerland, THAILAND
(IN BRIEF) Riverty has partnered with Parloa to deploy a 24/7, multilingual AI Voice Assistant for its debt collection services. The AI system is currently handling over 30% of inbound calls, with 15% of them resolved autonomously, reducing call handling … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has provided a €243 million green loan to ERG Group to support renewable energy projects in Italy, France, and Germany as part of ERG’s 2024-2026 Business Plan. The financing will fund three greenfield … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News
Tagged ERG Group, Europe, European Investment Bank, France, Gelsomina Vigliotti, Germany, Italy, Paolo Merli, partnership, renewable energy, sustainability
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