(IN BRIEF) Andree Stracke, the CEO of RWE Supply & Trading, is retiring after 24 years of service. Peter Krembel, currently the Chief Commercial Officer (Trading), will succeed him. Stracke is praised for his contributions to RWE’s energy trading business, … Read the full press release
(IN BRIEF) Beiersdorf AG, a global leader in skincare, has reported exceptional financial results for fiscal year 2023, with group sales reaching a record high of €9.5 billion, marking a significant organic increase of 10.8%. The Consumer Business Segment experienced … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Economy, Financial, Germany, Industrial, Investment, Management, News
Tagged Beiersdorf AG, Consumer Segment, Financial, investment, Vincent Warnery
(IN BRIEF) Effective March 1, 2024, Dr. Denis Hinz will assume the role of Head of SGL Carbon’s Carbon Fibers Business Unit, succeeding Roland Nowicki, who will depart from the company on May 31, 2024, to pursue new endeavors. Nowicki, … Read the full press release
(IN BRIEF) At the Silicone Expo Europe, commencing in Amsterdam, the WACKER Group is set to showcase its latest silicone-based product solutions tailored for various industrial sectors. These offerings include silicone gels for wound care, non-postcuring liquid silicone rubber for … Read the full press release
(IN BRIEF) Uniper reports outstanding financial results for the 2023 fiscal year, with adjusted EBIT reaching €6,367 million, a significant improvement from the previous year. The company’s strategic hedging transactions and operational enhancements contributed to this success, particularly in its … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News
Tagged Financial, investment, Jutta Dönges, Michael Lewis, Uniper
(IN BRIEF) Daimler Truck is at the forefront of safety innovation as stricter EU regulations for new trucks, buses, and coaches are set to take effect in July 2024. With its latest safety systems, Daimler Truck not only meets but … Read the full press release
(IN BRIEF) Infineon Technologies AG is embarking on a path of ambitious growth by revamping its sales organization structure, effective from March 1. The restructuring will see the sales team organized into three customer-centric Sales Segments: “Automotive”, “Industrial & Infrastructure”, … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Andreas Urschitz, Financial, growth strategy, Infineon, investment
(IN BRIEF) At the Applied Power Electronics Conference (APEC), Infineon Technologies AG launched a new family of Solid-State Isolators (iSSI) designed to enhance circuit switching performance. Using coreless transformer technology, the iSSI offer improved energy transfer and protection features not … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Technology
Tagged Circuit Switching, Davide Giacomini, Infineon, Solid-State Isolators
(IN BRIEF) Bosch, during the Bosch Connected World 2024 conference, announced plans to integrate generative AI into vehicle systems to enhance automated driving capabilities. This initiative aims to improve road safety by enabling vehicles to better assess dynamic road scenarios … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Germany, Security & Safety, Technology, Transportation & Logistics
Tagged AI, Aleph Alpha, artificial-intelligence, automated driving, Automated mobility, aws, BCW, Bosch Connected World 2024, Bosch ConnectedWorld, Bosch Tech Compass survey, generative AI, Google, Jennifer Gass, Microsoft, safer roads, Stefan Hartung, Tanja Rueckert
(IN BRIEF) ZF Aftermarket has introduced OE-quality sensors for commercial vehicles in the independent aftermarket under its WABCO brand. This marks the first time such high-quality sensors are available to independent workshops, enabling them to perform comprehensive repairs without compromising … Read the full press release
Posted in Business, Germany, Industrial, Management, Technology, Transportation & Logistics
Tagged ADAS, ADAS sensors, Advanced driver assistance systems, automatic emergency braking assistants, automatic emergency braking system, bus fleets, CarPay-Diem, commercial vehicle, commercial vehicle spare parts, driver assistance, fleet management, front camera, independent aftermarket, lane departure warning system, lane departure warning systems, Lemförder, OE-quality sensors, OnGuardACTIVE, OnLaneALERT, radar sensor, Sachs, Sensors, Sensors for driver assistance, Spare parts, truck freight traffic, truck workshops, TRW, WABCO, ZF, ZF Aftermarket, ZF Bus Connect, ZF SCALAR
(IN BRIEF) Metso has installed a state-of-the-art multi-purpose scrubber pilot plant at its R&D center in Frankfurt, Germany. This facility will focus on developing and optimizing gas cleaning processes, particularly simultaneous scrubbing of SO2 and NOx at low temperatures. Equipped … Read the full press release
(IN BRIEF) Thales has signed a significant contract with Airbus Helicopters to supply 8 Full Flight Simulators (FFS) Reality H® for training pilots of the H145M helicopters used by the German Armed Forces. These high-tech simulators offer advanced realism and … Read the full press release
Posted in Aviation & Aerospace, Defence, France, Germany, Industrial, Technology, Transportation & Logistics
Tagged AI, Airbus Helicopters, Airbus Helicopters Simpacks, armament, auto-protection equipment, avionics, Bückeburg International Helicopter Training Center, Bundeswehr, CGF, EC135 FFS simulators, FFS, Full Flight Simulators Reality H®, German Armed Forces, German Bundeswehr, H145M helicopter pilots, H145M helicopters, helicopter FFS solution, helicopter training, Helisim, HMDs, IHTC, Leichter Kampfhubschrauber programme, LKH programme, NATO pilots, NH90 MR1 FFS, radars, Reality H® simulator, SETHI, simulation, Thales, Thales’ H145 Reality H Full-Flight Simulator, training, Yannick Assouad
(IN BRIEF) Eckert & Ziegler, in collaboration with Novartis Pharma K.K., is expanding Ga-68 labeled diagnostics in Japan through a clinical trial approved by the Japanese Pharmaceuticals and Medical Devices Agency (PMDA). Utilizing Eckert & Ziegler’s GalliaPharm® generator, the trial … Read the full press release
Posted in Business, Germany, Healthcare, Pharma & Biotech, Technology
Tagged clinical research project, clinical trial, computerized Tomography, diagnostics, DOTA-TATE Positron Emission Tomography, Dr. Harald Hasselmann, Eckert & Ziegler, Ga-68, GalliaPharm®, Gallium-68, Ge-68, Japan, Japanese Pharmaceuticals and Medical Devices Agency, NCT06240741, NEN, neuroendocrine neoplasms, Novartis Pharma K.K., PET, PMDA, radioisotope supply, rare tumors
(IN BRIEF) The European Investment Bank (EIB) and Hypo Vorarlberg have inked agreements to fund the construction of highly energy-efficient residential buildings. The deal comprises a synthetic securitisation transaction and a funding transaction, totaling €61 million. This initiative aims to … Read the full press release
Posted in Austria, Banks, Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Austria, EIB, Germany, Housing Projects, Hypo Vorarlberg, Marjut Falkstedt, Michel Haller, partnership, sustainability, Thomas Östros
(IN BRIEF) DHL and Formula 1 have announced a multi-year extension of their partnership, with DHL commemorating its 20th anniversary as the Official Logistics Partner of Formula 1. This collaboration, the longest-standing global partnership in the sport’s history, signifies a … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Sports, Technology, Transportation & Logistics
Tagged Arjan Sissing, DHL, Formula 1, Jonny Haworth, logistics, motorsports, partnership, Paul Fowler, sustainability
(IN BRIEF) At the Mobile World Congress in Barcelona, Deutsche Telekom (DT) introduces “Magenta Security on Net,” a new line of network-based security products designed to protect customers from the growing threats of cybercrime while on the go. These innovative … Read the full press release
(IN BRIEF) Lazer Sport NV, a prominent European cycling helmet manufacturer, has partnered with Siemens Digital Industries Software to develop their latest innovation, KinetiCore rotational impact protection technology. Through the adoption of Siemens Xcelerator portfolio, Lazer Sport aims to enhance … Read the full press release
Posted in Belgium, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Sports, Technology
Tagged Bastiaan Van Asch, Belgium, Cycling Safety, Emiel Spreeuwers, Hadi Ghiaballoo, KinetiCore, Lazer Sport, partnership, Siemens Digital Industries Software, Siemens Xcelerator, sustainability
(IN BRIEF) Fresenius, a global healthcare group, has appointed an independent advisory board to focus on sustainability issues. Comprising four experts from various fields, the board will support the development of Fresenius’ sustainability strategy. This move reflects Fresenius’ commitment to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Healthcare, Industrial, Management, Technology
Tagged Anahita Thoms, Atlantik-Brücke, Baker McKenzie, Dr. Bibi Hahn, ESG, ESG Advisory Board, Fabian Kienbaum, Fiona Adshead, Michael Moser, Michael Sen, Prof. Judith Walls, sustainability strategy, The Fresenius healthcare group, UNICEF Germany, University of St. Gallen
(IN BRIEF) Brenntag, the global leader in chemicals and ingredients distribution, is commemorating its 150th anniversary in 2024. Originating as an egg wholesale business in Berlin in 1874, Brenntag has evolved into a DAX-listed company with a worldwide presence. Throughout … Read the full press release
(IN BRIEF) BusStore, a leading European brand for marketing used buses under Daimler Buses, is celebrating its ten-year anniversary since opening its first site in Neu-Ulm, Germany, in February 2014. Over the past decade, BusStore has expanded its network to … Read the full press release
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