Bechtle AG intends to become Bechtle SE

Bechtle aims to convert into a European public company AGM 2021 to decide on transformation into a Societas Europaea (SE) In an ad-hoc notice, Bechtle AG today announced its intent to prepare the transformation into a Societas Europaea (SE), a European public company. The proposal by the Executive Board to pursue such a step was today Read more about Bechtle AG intends to become Bechtle SE[…]

Active crisis management impacts Osram’s third quarter

Revenue decline of nearly 30 percent less than expected compared to the industry Free cash flow negative at only 7 million euros Photonics champion confirms current annual forecast Changes in the Supervisory Board Osram mastered the third fiscal quarter better than expected compared to the main sales markets thanks to decisive countermeasures at a global Read more about Active crisis management impacts Osram’s third quarter[…]

Annual General Meeting of Heidelberger Druckmaschinen AG for fiscal year 2019/2020 approves all items on the agenda with a clear majority

Annual General Meeting elects two shareholder representatives to the Supervisory Board Martin Sonnenschein confirmed as Chairman of the Supervisory Board Around 34 percent of Heidelberg’s share capital was represented at the first virtual Annual General Meeting of Heidelberger Druckmaschinen AG (Heidelberg) for financial year 2019/2020. The Management Board explained the company’s strategy and the balance Read more about Annual General Meeting of Heidelberger Druckmaschinen AG for fiscal year 2019/2020 approves all items on the agenda with a clear majority[…]

Peter Umundum leads Supervisory Board of EURODIS for another three years

. Head of Parcel and Logistics Division at Österreichische Post was re-elected as Chairman for the third time since his first election in 2011 Alberto Lozano, CEO at Spanish Redur, was confirmed as Deputy Chairman of the Supervisory Board of the European transport network Umundum sees EURODIS well set up to react fast on customer Read more about Peter Umundum leads Supervisory Board of EURODIS for another three years[…]

Dr. Klaus Patzak appointed new CFO of Schaeffler AG

Klaus Patzak has been appointed as a member of the Board of Managing Directors, effective from August 1, 2020 Patzak will succeed Dietmar Heinrich as head of the Finance & IT function Dietmar Heinrich will leave the company on July 31, 2020 The global automotive and industrial supplier Schaeffler announced that the Supervisory Board of Read more about Dr. Klaus Patzak appointed new CFO of Schaeffler AG[…]

GRAMMER AG Annual General Meeting elects new Supervisory Board

Resolution passed at the Annual General Meeting to suspend the dividend for the financial year 2019 New authorized capital created by the Annual General Meeting Alfred Weber taking over as Chairman of the Supervisory Board The shareholders of Grammer AG adopted the proposal of the Executive Board and Supervisory Board, passing with a large majority Read more about GRAMMER AG Annual General Meeting elects new Supervisory Board[…]

Martin Zielke offers the mutual termination from office and Stefan Schmittmann resigns as Chairman of the Supervisory Board

Commerzbank’s CEO, Martin Zielke, has offered a mutual termination from office to the Supervisory Board Supervisory Board Chairman, Stefan Schmittmann, today resigned with effect from 3rd of August 2020 Zielke: “I would like to open the way for a fresh start. The bank needs a profound transformation and a new CEO, who will get the Read more about Martin Zielke offers the mutual termination from office and Stefan Schmittmann resigns as Chairman of the Supervisory Board[…]

Jenoptik accelerates profitable growth with acquisition of TRIOPTICS

TRIOPTICS is a leading high-growth photonics company (revenue of around 80 million euros and operating margin before depreciation of approximately 27 percent in 2019) Jenoptik CEO Traeger: “A significant step in Jenoptik’s strategic process of focusing on photonics that enables us to offer our customers a full range of products and services for applications in Read more about Jenoptik accelerates profitable growth with acquisition of TRIOPTICS[…]

Siemens and FC Bayern Munich go into extra time

Global partnership to being extended for another three years Cooperation involves FC Bayern’s soccer and basketball sections Strong focus on sustainability and digital solutions in infrastructure After three successful seasons, Siemens and FC Bayern Munich have extended their collaboration for three more years. The global technology powerhouse and the sport club with the most championship Read more about Siemens and FC Bayern Munich go into extra time[…]

Wirecard AG informs customers and partners about current business operations

As announced on Thursday, 25 June 2020, the Management Board of Wirecard AG has filed an application for opening of insolvency proceedings on behalf of Wirecard AG with the competent Munich Local Court. With the filing of the insolvency application, Wirecard’s business activities will be continued. The Management Board is of the opinion that continuation Read more about Wirecard AG informs customers and partners about current business operations[…]