Tag: Business organization
Siemens again raises the annual forecast – quarterly profit triples to 3.6 billion euros
Dusseldorf After a strong quarter, Siemens has once again raised its forecast for the current fiscal year. “Siemens has significantly increased its clock frequency,” said CEO Roland Busch on Wednesday…
Siemens again raises the annual forecast – quarterly profit triples to 3.6 billion euros
Dusseldorf After a strong quarter, Siemens has once again raised its forecast for the current fiscal year. “Siemens has significantly increased its clock frequency,” said CEO Roland Busch on Wednesday…
Siemens Energy now expects increasing losses for the current fiscal year
Munich The energy technology specialist Siemens Energy is still not getting the problems in the wind power business under control even after the complete takeover of the crisis subsidiary Siemens…
Siemens Energy now expects increasing losses for the current fiscal year
Siemens Gamesa offshore wind turbine The business with renewable energies continues to pull down the entire Siemens Energy Group. (Photo: Reuters) Munich The energy technology specialist Siemens Energy is now…
The sale of the steel division is stuck
Steel production at Thyssen-Krupp in Duisburg The division, the future of which has been discussed for a long time, dragged the industrial group into the red in the past quarter.…
Siemens starts selling airport logistics
Baggage system from Siemens If sold, the division could be valued at around 500 million euros. (Photo: Siemens) Munich, Frankfurt Siemens wants to use the improved mood in the aviation…
Ermotti brings five new managers to the board
UBS and Credit Suisse buildings in Zurich Zurich UBS boss Sergio Ermotti forms his management team for the time after the takeover of Credit Suisse. To this end, he has…
Ermotti brings five new managers to the board
UBS and Credit Suisse buildings in Zurich Zurich UBS boss Sergio Ermotti forms his management team for the time after the takeover of Credit Suisse. To this end, he has…
After the takeover, UBS and Credit Suisse will initially remain separate institutions
UBS and Credit Suisse buildings in Zurich Zurich After taking over its former rival Credit Suisse, the major Swiss bank UBS initially wants to operate the business of both institutes…
HSBC management wins power struggle against major Chinese shareholder Ping An
Supervisory Board Chairman Mark Tucker (left) and CEO Noel Quinn London The Chinese insurance group Ping An has failed for the time being with its plan to split up the…
Bosch boss Hartung is reorganizing the auto parts business
Bosch The foundation group is reorganizing its automotive supply business. (Photo: dpa) Dusseldorf Higher prices and the transformation in the auto industry are having a negative impact on Bosch earnings.…
Siemens Energy spins off division with 2500 employees
Coils for transformer works Siemens Energy likely wants to spin off its high-voltage components business. (Photo: dpa) Munich Siemens Energy is preparing its high-voltage components division with around 2,500 employees…
Martina Merz should receive millions in compensation
Martina Merz, outgoing CEO of Thyssen-Krupp The departure of Merz came as a surprise to investors, which is reflected in the collapse in the share price (Photo: dpa) Dusseldorf, Berlin…
Thyssen-Krupp’s core problems remain unsolved – one comment
Martina Merz The CEO has asked the Supervisory Board to terminate the contract. (Photo: Reuters) The fact that Martina Merz, the CEO of Thyssen-Krupp, had to go first shows one…
What to expect from the new CEO
Dusseldorf After the premature departure of Martina Merz as CEO of the Thyssen-Krupp industrial group, many unanswered questions have arisen in the group. Her successor, Miguel Ángel López Borrego, will…
Thyssen Krupp boss Martina Merz leaves
Martina Merz The former head of the supervisory board and current CEO is leaving Thyssen-Krupp. (Photo: dpa) Dusseldorf, Berlin Change in leadership at Thyssen-Krupp: CEO Martina Merz is leaving the…
Thyssen Krupp boss Martina Merz leaves
Martina Merz The former head of the supervisory board and current CEO is leaving Thyssen-Krupp. (Photo: dpa) Dusseldorf Management change at Thyssen-Krupp: CEO Martina Merz leaves the group at the…
EY cuts 3,000 jobs in the US
EY company building The company is suffering from the declining consulting business. (Photo: Reuters) Dusseldorf The auditing and consulting company EY has announced extensive job cuts in the USA. The…
Why the financial supervisory authority Bafin criticizes the IT of the insurance company
Flags of the insurance group Allianz The reorganization of the group’s internal IT could lead to conflicts with parts of the works council. (Photo: dpa) Munich The insurance group Allianz…
Financial regulator Bafin criticizes the insurance group’s IT
Flags of the insurance group Allianz The reorganization of the group’s internal IT could lead to conflicts with parts of the works council. (Photo: dpa) Munich The insurance group Allianz…