Tag: subsidiary
Twitter’s Subsidiary Bluesky Releases Its First Codes
Bluesky, Twitter’s subsidiary focused on developing a decentralized social networking protocol, shared its first publicly available codes today. While the company urged developers to tamper with the tool, it advised…
Bankruptcy of the Netherlands subsidiary of the Russian Alfa Bank hits German savers
Alfa Bank founder Mikhail Fridman Its connection to Russian oligarch Mikhail Fridman and Alfa-Bank, which he founded, put Fibr Bank, formerly called ATB, on Western sanctions lists. (Photo: REUTERS) Frankfurt…
Software subsidiary Cariad “overwhelmed” according to critics
Herbert Diess The VW boss has been responsible for the Cariad software unit himself since the beginning of the year. (Photo: Volkswagen AG) Dusseldorf At the beginning of the year,…
Subsidiary AGCS warns of damage caused by business interruptions
After the flood in the Ahr valley Natural disasters can currently cause significant financial problems for companies. (Photo: dpa) Frankfurt A major fire broke out in Hamburg-Bahrenfeld a few days…
Subsidiary AGCS warns of damage caused by business interruptions
After the flood in the Ahr valley Natural disasters can currently cause significant financial problems for companies. (Photo: dpa) Frankfurt A major fire broke out in Hamburg-Bahrenfeld a few days…
Russian bank VTB loses control of European subsidiary
The logo of the Russian VTB Bank The EU’s new package of sanctions also affects Russia’s second-largest bank. (Photo: Reuters) Frankfurt The German financial regulator Bafin has prohibited the major…
With Geely, the Mercedes subsidiary should become profitable
Munich It’s almost a miracle that Smart still exists. After all, the small car brand has weighed heavily on the balance sheet of the car manufacturer Mercedes-Benz for a good…
Sigmar Gabriel new chairman of the supervisory board at the steel subsidiary
Sigmar Gabriel “In the coming months and years, groundbreaking decisions with economic, industrial policy and environmental relevance are pending,” said Gabriel. (Photo: imago images/Reiner Zensen) Dusseldorf Former SPD leader and…
Sigmar Gabriel new chairman of the supervisory board at the steel subsidiary
Sigmar Gabriel “In the coming months and years, groundbreaking decisions with economic, industrial policy and environmental relevance are pending,” said Gabriel. (Photo: imago images/Reiner Zensen) Dusseldorf Former SPD leader and…
EnBW is looking for an investor for the electricity grid subsidiary TransnetBW
EnBW EnBW is looking for an investor to be able to finance the multi-billion dollar investments in its power grid. (Photo: dpa) Frankfurt Germany’s third-largest electricity provider, EnBW, wants to…
Gazprom gives up German subsidiary Gazprom Germania
Gazprom Germania liquefied natural gas tank The Russian energy company is giving up its German subsidiary. (Photo: GAZPROM Germania GmbH) Berlin, Dusseldorf The Russian gas giant Gazprom says it is…
Gazprom gives up German subsidiary Gazprom Germania
Gazprom Germania liquefied natural gas tank The Russian energy company is giving up its German subsidiary. (Photo: GAZPROM Germania GmbH) Dusseldorf The Russian gas giant Gazprom says it is giving…
Frustration among customers of the VTB Bank subsidiary
VTB Bank in Frankfurt VTB Direct Bank is a branch of VTB Bank Europe. (Photo: Jan Huebner) Frankfurt “How do I get my money?” Many VTB direct bank customers are…
No all-clear for the head of the fund subsidiary DWS
Frankfurt If you look at the numbers alone, 2021 was a very successful year for Asoka Wöhrmann, head of the Deutsche Bank fund subsidiary DWS. According to the annual report…
Subsidiary Westnetz is looking for an investor for fiber optic expansion
Fiber optic expansion in Lower Saxony On average in the EU, half of the population is already connected to a fiber optic connection. (Photo: dpa) Frankfurt, Hamburg According to financial…
Germany subsidiary of VTB Bank switches off customer telephones due to “large number of inquiries”.
Frankfurt Due to the war in Ukraine and the sanctions against Russia, the VTB direct bank has been overwhelmed with inquiries and has therefore temporarily switched off the customer hotline.…
Gazprom subsidiary Wingas restricts gas trading in Germany
Wingas gas storage near Rehden Companies with close ties to Russia like Wingas are currently under a lot of pressure. (Photo: Reuters) Dusseldorf The broker of a large portfolio manager…
Gazprom subsidiary Wingas restricts gas trading in Germany
Wingas gas storage near Rehden Companies with close ties to Russia like Wingas are currently under a lot of pressure. (Photo: Reuters) Dusseldorf The broker of a large portfolio manager…
European subsidiary of Russia’s Sberbank has to shut down operations
Head office of Sberbank in Vienna A reorganization or liquidation of the bank according to the European Bank Reorganization and Resolution Directive is not in the public interest, it said.…
European subsidiary of Russia’s Sberbank has to shut down operations
Head office of Sberbank in Vienna A reorganization or liquidation of the bank according to the European Bank Reorganization and Resolution Directive is not in the public interest, it said.…