Tag Archives: restructuring

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