Rhenus takes a majority holding in Arkon Shipping & Projects

Rhenus Maritime Services, the charterer and shipping company for short-sea traffic with operations across Europe, took over 60 percent of the shares in the ship and project consignment manager, Arkon Shipping & Projects, in March. Rhenus is strengthening its project and heavy-lift cargo business by taking this holding in Arkon Shipping & Projects. Rhenus Maritime Read more about Rhenus takes a majority holding in Arkon Shipping & Projects[…]

Negative outcome in ballot vote: MAN site in Steyr faces closure

In a secret ballot today, the majority of employees at the MAN site in Steyr (Austria) voted against plans by WSA Beteiligungs GmbH to continue the plant. The majority of employees of MAN Truck & Bus Österreich GesmbH voted today against the plan for the takeover of the Steyr plant developed by the company together Read more about Negative outcome in ballot vote: MAN site in Steyr faces closure[…]

Shareholder Loans in a Limited Liability Company – Selected Issues Under German and Polish Law

Under German commercial and company law, shareholder loans are not regulated separately. Only in the event of a company’s insolvency are these loans subordinated by law to those of other creditors. However, a shareholder loan is still given priority over the shareholders’ (equity investors’) claims for settlement of the bankruptcy estate, explain Ecovis’ Düsseldorf experts. Read more about Shareholder Loans in a Limited Liability Company – Selected Issues Under German and Polish Law[…]

Safe Production thanks to NewsGrip Retrofit

With the retrofit of a NewsGrip conveyor at the Kettwig site, Axel Springer benefits from a high level of production reliability and the future availability of spare parts. Although the NewsGrip conveyors in the Kettwig printing plant, which had already been commissioned in 1999, were still running smoothly, it became apparent that the discontinued controls Read more about Safe Production thanks to NewsGrip Retrofit[…]

Johanna Dewitz takes over as Head of Marketing at Wunderlich

On 1 April 2021, Johanna Dewitz took over the management of the marketing department of Wunderlich GmbH, the internationally renowned specialist for high-quality BMW motorbike components, in Grafschaft Ringen/Germany. Johanna Dewitz contributes her many years of experience in marketing. She can look back on positions at excellent companies such as Audi AG and most recently Read more about Johanna Dewitz takes over as Head of Marketing at Wunderlich[…]

Marc Röder takes responsibility for customers at Trendfairs

Trade fair organiser Trendfairs GmbH, Munich, strengthens customer relationships for its events in küchenwohntrends in Munich and Salzburg, area30 with cube30 in East Westphalia and the online trade fair kuechenherbst.online. Industrial clerk Marc Röder, who has been with the company since the end of 2019, will take over key customer relationships in the company’s existing Read more about Marc Röder takes responsibility for customers at Trendfairs[…]

Global automaker relies on KUKA’s technology know-how: Major order in body-in-white construction

In the future, KUKA will be responsible for joining the body components of a premium SUV using a patented process. With this major order in the mid double-digit million euro range, KUKA’s technology know-how is supporting today’s global automotive industry. In the first quarter of 2021, KUKA received an order from a global automaker for Read more about Global automaker relies on KUKA’s technology know-how: Major order in body-in-white construction[…]

Timber market Q1 2021 analysis & outlook (Middle East/NorthAfrica)

Centersource!s quarterly timber and forestry market report projects rising timber imports across MENA countries as the regional economic recovery, already underway, jumpstarts housing construction and government infrastructure projects. With the volatility of COVID and the subsequent collapse in demand for timber and other building materials, Centersource!s research details the dynamics of regional construction markets as Read more about Timber market Q1 2021 analysis & outlook (Middle East/NorthAfrica)[…]

Reifenhäuser Group acquires air cooling ring specialist Kdesign

As of April 2021, the machine and plant manufacturer Reifenhäuser has acquired a majority stake in Kdesign GmbH, a global leader in the manufacture of air cooling rings and measuring systems for blown film extrusion lines. With this purchase Reifenhäuser Group, a specialist in extrusion technologies, expands its in-house expertise in cooling, controlling, measuring and Read more about Reifenhäuser Group acquires air cooling ring specialist Kdesign[…]

Family foundation ensures continuity and future success of Knorr-Bremse

The Thiele family will continue to ensure the continuity and success of Knorr-Bremse through a foundation as its most important anchor shareholder. Under the terms of Heinz Hermann Thiele’s will, the majority stake in the company (59%) held via holding companies will in future be transferred to a family foundation. Another major shareholder in the Read more about Family foundation ensures continuity and future success of Knorr-Bremse[…]