Tag Archives: restructuring

Terna and Autonomous Province of Bolzano Sign Agreement for Eisack Valley Electricity Grid Restructuring

(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

Volkswagen software subsidiary CARIAD appoints new CEO for comprehensive transformation

(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

Munich Re to establish an additional Board division with focus on specialty primary insurance

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

Volkswagen Group in India to restructure its management in order to use the existing synergies more efficiently

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

Investor interested in buying Loewe

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

Klöckner & Co Q1 2013 results announced

Turnover down 11.4% to 1.6 million tons and sales down 16.5% to approximately €1.6 billion Gross profit of €303 million down 11.9% on the prior-year figure (€344 million) due to lower turnover and prices; gross profit margin improved from 17.7% … Read the full press release

Strong business performance in 1Q for Lufthansa Group

Despite EUR 64m in restructuring costs from SCORE, the operating result remained stable at EUR -359m / Earnings outlook for the year unchanged 9-5-2013 — /europawire.eu/ — In the traditionally weak first quarter, Deutsche Lufthansa AG recorded an operating result on … Read the full press release