(IN BRIEF) BayWa AG has secured approval for its restructuring plan under the German StaRUG framework. The plan includes extending financing until 2028 and a capital increase of up to EUR 201.6 million. Despite not meeting the quorum for shareholders, … Read the full press release
Posted in Agriculture, Business, Financial, Germany, Industrial, Investment, Management, News
Tagged BayWa AG, capital increase, CEO Dr. Frank Hiller, CRO Michael Baur, Financial Creditors, Financial Stability, financing extension, German Act on the Stabilization and Restructuring Framework, liquidity, Munich Local Court, operational transformation, restructuring, shareholders, StaRUG, subsidiaries unaffected
(IN BRIEF) Ahlstrom, a leader in fiber-based specialty materials, has entered into a definitive agreement to acquire Stevens Point—a key provider of advanced solutions in the food, consumer packaging, and e-commerce sectors—from Pixelle Specialty Solutions. This strategic purchase, bolstered by … Read the full press release
Posted in Business, Environment, Financial, Finland, Food & Beverage, Industrial, Investment, Management, News, Technology
Tagged 260 employees, abrasives, Ahlstrom, Beverage & Casing, consumer packaging, customer service, E-Commerce, fiber-based specialty materials, FOOD, Helen Mets, INNOVATION, Konraad Dullaert, Performance Materials cluster, Pixelle Specialty Solutions, precision coating, Q2 2025, regulatory approvals, Release Liners, restructuring, Stevens Point, Strategic Acquisition, Sustainable packaging, USD 600 million financing, Wisconsin, Wolfgang Laures
(IN BRIEF) Andreas Batzer was named the new CFO and management board member of Voith Paper in March 2025, reporting directly to President & CEO Andreas Endters. Replacing Ralf Sorg—who now serves solely as President Projects—Batzer is responsible for leading … Read the full press release
Posted in Germany, Industrial, Management, Technology
Tagged Andreas Batzer, Andreas Endters, CFO, Chief Financial Officer, Corporate Development, CRRC Voith Transmission Technology, financial strategy, international experience, joint venture, Kettering University, Management Board, President Projects, process optimization, Rail & Marine, Ralf Sorg, restructuring, Reutlingen University, Voith Paper, Voith Turbo Division
(IN BRIEF) K+S Aktiengesellschaft’s Supervisory Board has announced that Dr. Andreas Kreimeyer will not seek reappointment when his mandate expires at the Annual General Meeting on May 14, 2025. His decade-long tenure has significantly influenced the company’s strategic direction, including … Read the full press release
Posted in Business, Chemicals, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Annual General Meeting, appointment, Audit Committee, BASF SE, Crisis management, debt reduction, digitalization, Dr. Andreas Kreimeyer, Dr. Harald Schwager, Dr. Rainier van Roessel, Dr. Tilman Krauch, global technology, Governance, international competitiveness, IT, K+S Aktiengesellschaft, leadership, leadership transition, May 14 2025, Mr. Markus Heldt, Mr. Thomas Kölbl, personnel continuity, restructuring, specialty chemicals, strategic oversight, Supervisory Board, sustainability
(IN BRIEF) Alma News Media has announced plans to accelerate its digital growth strategy, which could lead to the discontinuation of three print publications: Kauppalehti Optio, Fakta, and Mediuutiset. As part of this shift, the company has initiated change negotiations … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, Media, News, Technology
Tagged Alma News Media, digital, Fakta, Iltalehti, Juha-Petri Loimovuori, Kauppalehti Optio, Mediuutiset, Print Titles, restructuring
(IN BRIEF) Neste has finalized its organizational restructuring, merging its three renewable business units into one and restructuring functions to align with business-driven operations. The move aims to enhance cost-efficiency, competitiveness, and execution of growth strategy. Approximately 400 job roles … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Industrial, Management
Tagged Neste, organizational change, renewable energy, restructuring, Susanna Sieppi
(IN BRIEF) Terna, in collaboration with the Autonomous Province of Bolzano, has signed an agreement to facilitate the restructuring of the electricity grid in the Eisack Valley. The project, with an investment of 300 million euros, involves the demolition of … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Arno Kompatscher, Bolzano, Eisack Valley, electricity grid, Enrico Maria Carlini, Ferdinando Stablum, Flavio Ruffini, Giuliano Vettorato, partnership, restructuring, sustainability, Terna, Walter Baumgartner
(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
Additional Board division „Global Specialty Insurance” Michael Kerner newly appointed to the Board of Management (PRESS RELEASE) MUNICH, 15-Dec-2022 — /EuropaWire/ — Munich Re (ETR: MUV2), a German multinational global provider of reinsurance, primary insurance and insurance-related risk solutions, has … Read the full press release
Posted in Business, Germany, Insurance, Management
Tagged insurance, leadership, Management, Michael Kerner, Munich Re, reinsurance, restructuring
More efficient use of synergies: under ŠKODA’s leadership, Volkswagen Group establishes new management structure in India from 1 January 2019 Gurpratap Boparai, currently Managing Director of ŠKODA AUTO India Private Limited (SAIPL), to also become Managing Director of Volkswagen India … Read the full press release
Crucial restructuring milestone Specific, written offer Broad acceptance for the strategic realignment Kronach, Germany, 11-11-2013 — /EuropaWire/ — The restructuring of the company Loewe will soon reach its successful conclusion: an initial investor has expressed interest in buying Loewe, and has made … Read the full press release
Posted in Business, Electronics & Machinery, Financial, Germany, Investment
Tagged bidder, Christoph Möller, Kronach, Loewe, Matthias Harsch, restructuring, Rolf Rickmeyer
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