Tag: Knorr brake
This is how you can disinherit your relatives
Ulm District Court As a rule, the waiver of the compulsory share, or in some cases even better the waiver of the inheritance, is compensated with something in return. The…
Founding family secures control at Messer
Dusseldorf The largest private industrial gases manufacturer Messer gets a new shareholder in the Singapore sovereign wealth fund GIC and restructures the group. This was announced by the family-run Messer…
Why the profit boom is ending now
Dax companies The economic downturn in Germany is reflected for the first time in the figures of the largest listed companies. (Photo: Imago (2), Bloomberg (2)) Dusseldorf At first glance,…
Daughter Julia prevails against the widow for the time being
Nadia Thiele, Heinz-Hermann-Thiele and Julia Thiele-Schuerhoff In the archive picture, the billionaire businessman is surrounded by his wife and daughter. Widow and stepdaughter argue over control of inheritance. (Photo: Bloomberg…
India complains about problems with German technology
Bangkok India’s railway network is a dangerous place: in 2021 alone, the emerging country’s authorities counted almost 18,000 train accidents – many of them fatal. For passengers, falling from the…
More and more business trips go to India
Frankfurt Anyone traveling on behalf of their company is traveling to India more and more frequently. This is shown by a current analysis by the Lufthansa subsidiary Airplus, a business…
German auto suppliers stuck in the China trap
Human rights violations, geopolitical difficulties and supply chain problems – the risks in doing business with China are increasing and companies are being forced to reconsider their involvement in China.…
Dispute over Thiele’s billion inheritance
Dusseldorf In 1969, Heinz Hermann Thiele took up a position in the patent department at Knorr- Bremse, and 15 years later he was CEO of the automotive supplier. When the…
Dax closes in the black – Fresenius and FMC lose heavily
Dusseldorf At the end of trading, the leading German index was 0.5 percent higher at 15,538 points. Among other things, predominantly positive quarterly reports and outlook had a supportive effect.…
Heinz Hermann Thiele’s widow sues foundation supervision
Dusseldorf The dispute over the billion dollar inheritance of the large businessman Heinz Hermann Thiele reaches a new level of escalation. His widow Nadia has sued the supervisory authority for…
How to disinherit relatives and get back donations
District Court of Ulm As a rule, the waiver of the compulsory portion, or in some cases even better the waiver of inheritance, is compensated with something in return. The…
China’s Peace Plan: More Than Propaganda?
Good morning, dear readers, if the Munich Security Conference should serve to relax the relationship between China and the USA, one must state: mission not accomplished. The US has information…
Compulsory portion of inheritance: How to disinherit relatives
District Court of Ulm As a rule, the waiver of the compulsory portion, or in some cases even better the waiver of inheritance, is compensated with something in return. The…
New boss Marc Llistosella reviews the structure of the group
Marc Llistosella The manager has been leading the supplier group Knorr- Bremse since the beginning of January. (Photo: Knorr Bremse) Munich The new boss of Knorr-Bremse, Marc Llistosella, wants to…
Dax companies earn brilliantly in the crisis
Good morning, dear readers, Despite the war and crises, the German Dax companies made record profits last year. At 120 billion euros, the added surpluses were only slightly below the…
Why nothing is moving forward in the real estate industry
Good morning, dear readers, The Luisenblock West of the German Bundestag is one of the more successful construction projects in the capital: the seven-storey building with offices for members of…
Henrik Thiele appeals
Henrik Thiel Heinz Hermann Thiele’s son had renounced his compulsory inheritance share. He now wanted to have this waiver declared null and void by a court. (Photo: Qwello) Dusseldorf The…
Court dismisses Henrik Thiele’s billion-dollar lawsuit
Heinz Hermann Thiele, Julia Thiele-Schuerhoff and Henrik Thiele (from left) The late patriarch with his children in 2014. (Photo: Thorsten Jochim for Handelsblatt) Munich, Dusseldorf The dispute over the inheritance…
Court dismisses Henrik Thiele’s billion-dollar lawsuit
Henrik Thiel Heinz Hermann Thiele’s son had renounced his compulsory inheritance share. He now wanted to have this waiver declared null and void by a court. (Photo: Qwello) Munich, Dusseldorf…
How companies save money with eco-loans
Barbor production By 2025, 80 percent of the cosmetics company’s packaging should be recyclable. (Photo: Babor) Frankfurt, Dusseldorf It is an iconic location where the newest factory of the cosmetics…