Category Archives: Germany

Press Releases & News from Germany distributed via EuropaWire

Leoni reports 10% YoY increase of sales in 2015

Fiscal 2015 with sales growth – wiring system projects weighing on 2015 and 2016 EBIT Nuremberg, 28-Mar-2016 — /EuropaWire/ —  Leoni, the leading European provider of cables and cable systems to the automotive sector and other industries, generated substantial sales growth … Read the full press release

Auto Bild magazine’s reader survey: Audi is the most successful brand

Auto Bild reader survey: Audi is the most successful brand; no carmaker wins more classes Eight first-place wins in the “Quality” category First place in the “Design” category Ingolstadt, 28-Mar-2016 — /EuropaWire/ — Audi has taken first place in the … Read the full press release

KfW to provide UR 150M loan to People’s Republic of China to finance measures to reduce emissions

A loan of EUR 150 million for the People’s Republic of China Improvement in general environmental conditions Reduction in emissions from industry as well as the energy, transport and agricultural sectors Frankfurt am Main, 28-Mar-2016 — /EuropaWire/ — KfW has … Read the full press release

E.ON to develop its own electricity storage system in partnership with SOLARWATT GmbH

Easy to use, compact, and efficient storage solutions system to consist of hardware and energy app Germany’s 1.5 million solar arrays give storage solutions huge potential DRESDEN, 28-Mar-2016 — /EuropaWire/ — Effective immediately E.ON will develop its own electricity storage system in … Read the full press release

thyssenkrupp Elevator inaugurated its new Multiple-Purpose Facility (MPF) Building in China

ESSEN, 25-Mar-2016 — /EuropaWire/ — thyssenkrupp Elevator, the world-renowned elevator solution provider, inaugurated its new Multiple-Purpose Facility (MPF) Building in China, marking another milestone for the company’s expansion in the country. With a 120 million Yuan (17 million euros) investment, the … Read the full press release

General Motors 2015 Supplier of the Year Award went to thyssenkrupp’s Springs & Stabilizers business unit

Supplier of the Year Award goes to Springs & Stabilizers unit Recognition for superior quality, new products, cost efficiency and supply chain ESSEN, 25-Mar-2016 — /EuropaWire/ — thyssenkrupp has been honored by carmaker General Motors as one of its best global suppliers. … Read the full press release

Europart to acquire Swedish Parts Dealers LVD and Trailereffekter from Axel Johnson International AB

Hagen (Germany) / Stockholm (Sweden), 23-Mar-2016 — /EuropaWire/ — Europart, a Triton Fund II portfolio company, has completed the acquisition of Swedish Parts Dealers LVD and Trailereffekter from Axel Johnson International AB. This acquisition is expected to improve Europart’s position in … Read the full press release

OTTO reports 10 percent increase of revenues for 2015/16

HAMBURG, 22-Mar-2016 — /EuropaWire/ — The single company OTTO further increased its growth rate in the financial year now closed, with revenues climbing by some ten percent to reach an overall 2.561 billion euros for 2015/16. The online retailer reports overproportional … Read the full press release

NORMA Group to provide NORMAPLAST hose connectors and screw-in connectors for solar-powered sterilization device prototype

Maintal/Kassel, Germany, 22-Mar-2016 — /EuropaWire/ — NORMA Group, a global market leader in engineered joining technology, will be providing NORMAPLAST hose connectors and screw-in connectors for the prototype of a solar-powered sterilization device for use in developing countries. The LifeShift Sterilizer, … Read the full press release

Deutsche Börse Group’s Ashwin Kumar: Blockchain has the potential to bring significant changes to the way the financial industry operates

ESCHBORN, 22-Mar-2016 — /EuropaWire/ — A new technology is causing a stir in the FinTech community: Blockchain has many market experts believing that it is the greatest achievement of the past decade for financial technology and the most important digital … Read the full press release

Eurex launches Euro STOXX 50 quanto futures

ESCHBORN, 22-Mar-2016 — /EuropaWire/ — Launch of USD-denominated futures on the Euro STOXX 50 index as of 21 March 2016 Eurex, one of the world’s leading derivatives exchanges and part of Deutsche Börse Group, will introduce Euro STOXX 50 quanto futures … Read the full press release

Continental, DT, Fraunhofer ESK Institute, Nokia project for connected car won the top award in the best-practice competition of the Intelligent Networking Initiative

Initiative organized by the German Federal Ministry for Economic Affairs and Energy honors best-practice solutions for intelligent networking Top spot for “Real-Time Communication between vehicles via the LTE Mobile Network” Project aim: to improve road safety and prevent traffic jams … Read the full press release

Salzgitter AG presents at three trade shows in April 2016

Salzgitter, Germany, 16-Mar-2016 — /EuropaWire/ — In April 2016, Salzgitter AG will be on location at three important trade fair dates in a row. The Group is appearing with its subsidiaries at the TUBE event in Düsseldorf, the BAUMA trade fair … Read the full press release

Volkswagen Financial Services Chairman Lars Henner Santelmann: 2015 was both an eventful and an outstanding financial year

• Operating result: 1.9 billion euros (+12.9%) • Total assets: 157.9 billion euros (+14.9%) • Portfolio: 16.6 million contracts (+11.4%)  Braunschweig/Frankfurt am Main, 16-Mar-2016 — /EuropaWire/ — Volkswagen Financial Services have again grown substantially during the 2015 financial year. At this … Read the full press release

Continental Corporation to distribute record €150 million value-sharing bonus to employees worldwide

Distribution of around €150 million worldwide for successful fiscal 2015 HANOVER, 14-Mar-2016 — /EuropaWire/ — The Continental Corporation is once again increasing its value-sharing bonus for employees worldwide. For fiscal 2015, the company is distributing a record sum of around … Read the full press release

Surface specialist Benecke-Kaliko opens new plant in Changzhou, China; Capacity for Acella doubled

Site produces 10 million m2 of environment-friendly Acella Eco annually High demand for low-emission trim and upholstery materials Reaching the customer even faster: Chinese automotive industry benefits from expansion in production Hanover/Changzhou, 14-Mar-2016 — /EuropaWire/ — Following a year of construction, … Read the full press release

RWE Group: Net debt down almost one-fifth to €25.1 billion in FY 2015

Net debt down almost one fifth Result for Renewables Division more than doubles Conventional power generation still under pressure Lower result expected for 2016 Proposal to suspend dividend for holders of common shares a hard but necessary measure ESSEN, 11-Mar-2016 … Read the full press release

HDE-Hauptgeschäftsführer Stefan Genth: Umsatzsteuer auf Sachspenden abschaffen

BERLIN, 11-Mar-2016 — /EuropaWire/ — In einem Schreiben an die Europäische Kommission und das Bundesfinanzministerium fordert der Handelsverband Deutschland (HDE) gemeinsam mit weiteren Wirtschaftsverbänden die Abschaffung der Umsatzsteuerpflicht für Sachspenden. „In der aktuellen Flüchtlingskrise spenden viele Handelsunternehmen Waren zur Notversorgung. Die … Read the full press release

Covestro works with RWTH Aachen University and the Technical University of Berlin on new environmentally friendly manufacture of elastomers

German Ministry of Research funds a further project for plastics with CO2 Covestro and partners working on new climate-friendly process Leverkusen, Germany, 10-Mar-2016 — /EuropaWire/ — Carbon dioxide is being used ever more widely as a novel raw material in plastics … Read the full press release

Covestro to exhibit LED lighting solutions using polycarbonate sheets at the light+building tradeshow in Frankfurt am Main, March 13 to 18

Covestro products ideal for current trends in architecture Leverkusen, Germany, 10-Mar-2016 — /EuropaWire/ — Among its exhibits for the light+building tradeshow taking place in Frankfurt am Main, Germany, from March 13 to 18, 2016, Covestro will be demonstrating modern LED lighting … Read the full press release