(IN BRIEF) The global automotive supplier industry faces tough conditions, with stagnant production volumes, geopolitical uncertainty, and increasing competition putting pressure on profitability. The 2024 forecasted EBIT margin of 4.7% marks a further decline from 2023 levels, with Chinese suppliers … Read the full press release
Posted in Automotive, Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged automotive manufacturing, automotive suppliers, electric vehicles, EV adoption, geopolitical uncertainty, Lazard, market trends, mergers and acquisitions, profitability, rolling berge, software-defined vehicles, strategic technologies, supply chain
(IN BRIEF) Roland Welzbacher has been appointed to the Executive Board of Continental AG, effective August 1, 2025. He will take over as CFO from Olaf Schick, following a transition period that concludes on October 1, 2025. Welzbacher, who has … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News, Technology
Tagged appointment, automotive, CFO, Continental AG, ContiTech, Corporate Leadership, Executive Board, finance, Germany, leadership, Management, mergers and acquisitions, Nikolai Setzer, Olaf Schick, Roland Welzbacher, Semperit Reifen, tires, Wolfgang Reitzle
(IN BRIEF) Ann-Sofie Østberg Bjergby has been appointed as the new Chief Financial Officer (CFO) at NIRAS, effective March 1, 2025. With significant experience in finance, accounting, and M&A, including her previous role as CFO at AKF, Ann-Sofie brings a … Read the full press release
Posted in Business, Construction, Denmark, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 2025, accounting, AKF, Ann-Sofie Østberg Bjergby, appointment, Carsten Toft Boesen, CEO, CFO, Chief Financial Officer, digital, finance, financial expertise, GROWTH, HR, international growth, IT, leadership, leadership team, M&A, March 1, mergers and acquisitions, NIRAS, NIRAS strategy, professional development, project development, property development, strategic mindset, sustainability
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