Tag: State participation
Klaus-Michael Kühne brings a counteroffer for HHLA into play
Klaus Michael Kuehne The Hamburg native is a major shareholder in MSC rival Hapag-Lloyd. (Photo: dpa) Dusseldorf The planned partial sale of the Hamburg port operator HHLA to the major…
The federal government is examining entry into Thyssen-Krupp Marine Systems
Kiel The federal government is preparing to invest in the shipyard group Thyssen-Krupp Marine Systems (TKMS). “We are thinking about it,” Defense Minister Boris Pistorius (SPD) told journalists on Tuesday…
Investor Kühne expresses interest in the port of Hamburg
Port of Hamburg The investor is interested in the port of Hamburg. (Photo: IMAGO / Shotshop) Berlin The logistics entrepreneur Klaus-Michael Kühne would like to take over the Hamburg Port…
Lufthansa joins airline ITA
Airbus 350 from ITA Lufthansa is joining Alitalia’s successor airline. Complete takeover is planned for a later date. (Photo: Bloomberg) Frankfurt Lufthansa has reached an agreement with the Italian government…
New Uniper management wants to privatize the group again “as quickly as possible”.
Dusseldorf According to the will of the new board of directors, the crisis group Uniper should be privatized again as quickly as possible. At the energy supplier’s annual general meeting…
Energy suppliers allegedly paid dealers millions in bonuses
Uniper The company’s trading division employs 1,400 people worldwide. (Photo: Reuters) London, Frankfurt According to insiders, the nationalized utilities Uniper and Sefe paid their dealers millions in bonuses during the…
A Big Buzz – How Far Should Germany Go on Cannabis Legalization?
Dusseldorf The legalization of cannabis is not only controversial in Germany: only a few countries have so far been able to bring themselves to approve the drug, at least for…
Italy is still negotiating the sale of ITA to Lufthansa
Airbus A380 Lufthansa boss Spohr had promised a decision by Monday. (Photo: IMAGO/Christian Grube) Rome According to an insider, the Italian government is extending exclusive talks with Germany’s Lufthansa about…
Government lowers hurdles for sale of Rosneft stake in PCK Schwedt
Refinery PCK Schwedt With the new version of the Energy Security Act, the federal government can more easily sell shares in companies managed by trustees. (Photo: dpa) Berlin The federal…
Now ITA is all about price
ITA Airways jet prepares to land in Los Angeles Lufthansa is apparently making good progress in talks about taking over the Italian airline. (Photo: AP) Frankfurt Lufthansa boss Carsten Spohr…
A major merger is the worst solution for Credit Suisse
If a big bank like Credit Suisse starts to falter, there are several ways to stabilize it: a merger with another big bank, the government taking over bad assets, the…
A major merger is the worst solution for Credit Suisse
When a major bank like Credit Suisse falters, there are several ways to stabilize it: merger with another major bank, government takeover of toxic assets, government entry as an open…
Dutch want to get rid of German daughter
Berlin The Dutch government expects the network operator Tennet to need significantly more capital and urgently advises a complete sale of the German subsidiary to the Federal Republic. This emerges…
Gas importer Uniper writes record loss
Uniper headquarters in Düsseldorf Dusseldorf The Düsseldorf-based energy group Uniper closes the 2022 financial year with a loss of 19.1 billion euros. The company announced this on Friday. Uniper had…
Commerzbank pays first dividend since 2018 – share buyback planned
Commerzbank building in Frankfurt The bank wants to protect a dividend for 2022. (Photo: dpa) Frankfurt Commerzbank wants to pay a dividend for the first time in four years. Commerzbank…
Germany’s largest gas importer Uniper has top staff
Uniper headquarters in Düsseldorf While Uniper has found an internal solution for the operational board, the group is probably looking externally for suitable candidates for the chairmanship. (Photo: AP) Dusseldorf,…
Germany’s largest gas importer Uniper has top staff
Dusseldorf, Frankfurt The Düsseldorf-based energy group Uniper is getting a new Chief Operating Officer (COO). From March 1st, Holger Kreetz will take over the position from the previous COO David…
Tennet wants to sell the German subsidiary completely to the federal government
Berlin Federal Minister of Economics Robert Habeck (Greens) is making progress with the entry into the electricity transmission system operator Tennet. According to Friday, the Dutch state-owned company is ready…
Germany in talks with Oman over LNG supplies
Manuela Schwesig and Olaf Scholz at the Deutsche Ostsee LNG terminal LNG plays a key role in Germany’s efforts to replace Russia’s missing gas supplies (Photo: IMAGO/Future Image) London /…
IG Bau union calls for state entry at Vonovia after new construction stop – SPD leftists are open
housing Experts fear a further reduction in capacity for housing construction. (Photo: dpa) Dusseldorf After Vonovia announced that it would stop new construction, criticism of Europe’s largest landlord has intensified.…