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Munich Re well on track to achieve 2013 profit target with first half-year profit of €1.5bn

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CEO Nikolaus von Bomhard said: "Unlike the first quarter of 2013, the second quarter was significantly affected by major losses. The business environment remains difficult, owing to the low interest rates. Against that background, the half-year result is very satisfactory." With regard to Munich Re's result target for 2013 as whole, von Bomhard emphasised: "With this half-year profit, we are well on track to achieving our target of close to €3bn." According to the CEO, the very different claims experience in the first two quarters again showed ... Read More »

Mercedes-Benz starts second half of the year with record month and 20% growth

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“Having performed impressively in the first six months of this year, we shifted up another gear in July. The new E-Class has proved a resounding success, our compact models are more popular than ever and, since mid-July, we have also been delivering our new S-Class to customers in Europe. This young model mix will enable us to generate further growth in the second half of this year,” commented Dr Joachim Schmidt, Executive Vice President Sales and Marketing, Mercedes-Benz Cars. “Our target for 2013 as a whole is to raise the sales of passenger ... Read More »

US: Backstreet Boys sign publishing and masters deal with BMG

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The announcement comes as Backstreet Boys celebrate their 20th Anniversary and see all five original members back together again. The Grammy nominated pop vocal group has generated sales of over 130 million albums worldwide, won countless music industry awards, and ushered in a chapter of pop culture that commandeered the world’s radio airwaves, broke music and concert sales records, and launched a new generation of teen idols. Backstreet Boys were recently honored with a star on the legendary Hollywood Walk of Fame. BMG will exclusively rel... Read More »

Marie Claire chooses Burda Praha to further develop its Czech edition

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Says Petra Fundova, CEO Burda Praha: “Marie Claire is the perfect brand with which to expand our exciting and successful glossy women’s magazine portfolio. We are thrilled to provide inspiration for the confident, intelligent, fashion-loving Czech Marie Claire readers who want to think smart and look amazing.” "We are extremely excited about this partnership. We feel Burda brings a unique expertise to the table that perfectly matches our vision for Marie Claire. This cooperation gives great scope to expand our wonderful brand in the Czech Re... Read More »

FRESENIUS sells biotechnology business

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In December 2012, Fresenius had announced to focus on its four established business segments Fresenius Medical Care, Fresenius Kabi, Fresenius Helios and Fresenius Vamed, which offer significant growth opportunities. Ulf Mark Schneider, CEO of Fresenius, said: "The divestiture underlines our strong commitment to focused growth in our four core business segments. We are delighted that our biotechnology business will be in the capable hands of Neopharm, a company with entrepreneurial vision and an outstanding track record in the healthcare fie... Read More »

Bosch Power Tools invests more than 10 million euros in Leinfelden

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Investment is a clear commitment to the Leinfelden location Training center spanning an indoor and outdoor area of 3,000 square meters Increasing product diversity and rising attendances Following a construction time of 13 months, the resulting indoor and outdoor area of the training center measures 3,000 square meters, making it nearly fifty percent larger than before. The product range of Bosch Power Tools has grown continually in recent years, which meant that the capacities of the old center's premises were increasingly being stretc... Read More »

Bayer: strong growth in Life Sciences

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Leverkusen, July 31, 2013 – The Bayer Group achieved strong growth in its Life Sciences businesses in the second quarter of 2013. "At HealthCare, the launches of new pharmaceutical products are progressing considerably better than expected. And CropScience maintained its gratifying business development in a positive market environment," explained Management Board Chairman Dr. Marijn Dekkers on Wednesday at the presentation of the interim report for the second quarter. By contrast, sales at MaterialScience were slightly down from the prior-year ... Read More »

ThyssenKrupp Aerospace acquires the business activities of The Waterjet Group in the UK

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The Waterjet Group (around 40 employees) was established in 2002 and is a leading UK waterjet cutting company for the aerospace industry. The company has several waterjets and related value add equipment, a large number of aerospace approvals and to a smaller extent also serves other high-tech industries, including the medical technology sector. The Waterjet Group operates out of a site near Leeds. With its equipment the company is able to process a wide range of materials and sizes for the European and international customer base. ThyssenKr... Read More »

New online learning platform from Bosch

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With this in mind, Bosch has been offering practical training sessions for a number of years as part of its technical service training offer. This training offer has now been supplemented with a range of online training courses, which allow vehicle mechatronics engineers to build up basic theoretical knowledge using a computer in the workplace or from the comfort of their own home. Bosch has also expanded the range of training courses available and arranged them according to subject area on the new Automotive Campus online learning platform.... Read More »

ALTANA organizes draw for high-quality chemistry experiment sets for elementary schools

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CEO Dr. Matthias L. Wolfgruber today presented school pupils at the Konrad Duden elementary school in Wesel, representing all the winners, with an experiment set: “Simply fantastic just what great ideas the school children from the Wesel district have!” The submissions show above all that the children want to grapple with chemistry. That is precisely the reason why ALTANA wanted to find winners for the sets, which consist of teaching materials, experiment and laboratory equipment, as well as ALTANA lab coats and safety glasses. “We would lik... Read More »

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