Tag: Rationalization and redevelopment
This is what the solution to the dispute over Herbert Diess should look like
Herbert Diess The VW boss should be allowed to keep his post, but has to give up power. (Photo: imago images / Jan Huebner) Berlin, Düsseldorf Hans Dieter Pötsch doesn’t…
China’s real estate giant Evergrande warns of default
Beijing The government of Guangdong Province, where the company is headquartered, is now intervening in the crisis surrounding the heavily indebted Chinese construction developer Evergrande. As she announced on Friday…
China’s real estate giant Evergrande warns of default
Evergrande The real estate company is apparently facing new payment difficulties. (Photo: Reuters) Beijing In the crisis surrounding the heavily indebted Chinese construction developer Evergrande, the government of the Guangdong…
China’s real estate giant Evergrande warns of default
Evergrande The real estate company is apparently facing new payment difficulties. (Photo: Reuters) Beijing The heavily indebted Chinese real estate giant Evergrande has warned of possible payment difficulties. After a…
Opel will cut company pensions from 2022
Opel in Rüsselsheim The dispute over company pensions has been settled. (Photo: imago / Jan Huebner) Munich In the summer of 2020, Opel HR director Ralph Wangemann incurred the wrath…
How Herbert Diess triggered the leadership crisis at VW
Herbert Diess Support for the VW boss on the supervisory board is waning. (Photo: AFP / Getty Images) Wolfsburg, Düsseldorf Suddenly the supervisory board even wants Martin Winterkorn back. That…
Dispute over Airbus subsidiary Premium Aerotec escalates
Airbus boss Guillaume Faury The Airbus boss is angry about the strike threats from IG Metall. (Photo: Reuters) Frankfurt The dispute about the future structure of the German Airbus subsidiary…
IG Metall calls for warning strikes at Airbus and Premium Aerotec
Airbus boss Guillaume Faury The Airbus boss is angry about the strike threats from IG Metall. (Photo: Reuters) Munich IG Metall calls for warning strikes in the dispute over the…
Group takes more time with sales
Frankfurt The sales process should have started a long time ago – but now it has been completely postponed. According to information from the Handelsblatt, Lufthansa has initially put the…
Telekom is looking for investors for network expansion in Europe
Fiber optic expansion The bidding process for a fiber optic joint venture in Austria is to begin next year. (Photo: dpa) Dusseldorf Deutsche Telekom is preparing partnerships with investors in…
Traton dismisses Tostmann – Scania manager takes over
MAN boss Andreas Tostmann The management of the Munich truck manufacturer is being restructured. (Photo: Pablo Castagnola / VW) Munich The Volkswagen commercial vehicle subsidiary Traton does not come to…
This is excluded from important discussions
Düsseldorf, Berlin Volkswagen boss Herbert Diess was not even invited to the important meeting. The tops of the supervisory board met on Tuesday evening to discuss whether the 63-year-old could…
The new chairman of the supervisory board has many strengths and two weaknesses
Alexander Wynaendts The candidate has two weaknesses to complain about. (Photo: Thorsten Jochim for Handelsblatt) “The most important import from Holland since Rudi Carrell,” joked a Frankfurt banker at the…
Evergrande sells shares in streaming platform HengTen
Hong Kong The heavily indebted real estate company China Evergrande is selling its shares in the film and television streaming company HengTen Network to service liabilities for the equivalent of…
The state’s exit would be good in perspective
Manfred Knof The Commerzbank boss is concentrating on restructuring the group, including cutting thousands of jobs. (Photo: Bloomberg) Frankfurt, Berlin CEO Manfred Knof has been working almost around the clock…
Outsourcing of the main plant is off the table
Opel plant in Eisenach The plant, which currently employs around 1400 people, is to be spun off into its own company. The factory is to remain docked with Opel in…
Fresenius Medical Care wants to cut hundreds of jobs in Germany
Fresenius Medical Care The group announced an austerity program at the beginning of November. (Photo: imago images / Jörg Halisch) bad Homburg The planned reduction of 5,000 jobs worldwide at…
In the end, Lufthansa state aid was a good deal
A Lufthansa jet takes off in Frankfurt Things are looking up again at Lufthansa. The repayment of state aid shows that the worst is over. (Photo: dpa) What an emotionally…
In the end, Lufthansa state aid was a good deal
A Lufthansa jet takes off in Frankfurt Things are looking up again at Lufthansa. The repayment of state aid shows that the worst is over. (Photo: dpa) What an emotionally…
Commerzbank agrees on details of the group restructuring
Commerzbank The board of directors wants to prevent redundancies if possible, but has not ruled them out as a last resort. (Photo: dpa) Frankfurt The Commerzbank top has agreed on…