(IN BRIEF) VARTA AG’s Supervisory Board has named Michael Ostermann as Board Member and Chief Executive Officer (CEO), effective May 6, 2024. With extensive management experience in the automotive and battery industries, Ostermann is poised to lead VARTA AG, alongside … Read the full press release
(IN BRIEF) VARTA AG, amidst economic challenges exacerbated by a cyberattack on its IT systems, is reassessing its restructuring program agreed upon in July 2023. The current economic situation, marked by volatile customer purchase volumes, decreased demand for energy storage … Read the full press release
Posted in Automotive, Business, Economy, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged AuxilPartner, cyberattack, VARTA AG
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