Tag: suppliers
Steel trader Klöckner expands business in North America with acquisition
Kloeckner & Co. The steel trader expands with an acquisition in North America. (Photo: dpa) Dusseldorf In view of extensive subsidy programs in the USA, the Duisburg-based steel trader Klöckner…
Steel trader Klöckner expands business in North America with acquisition
Kloeckner & Co The steel trader expands with an acquisition in North America. (Photo: dpa) Dusseldorf In view of extensive subsidy programs in the USA, the Duisburg-based steel trader Klöckner…
Robert Habeck’s problem with high earners
Berlin A strict interpretation of remuneration regulations by Federal Minister of Economics Robert Habeck (Greens) causes difficulties for funding projects for the vehicle and supplier industry. It is about so-called…
Auto supplier Leoni has recorded increasing losses
Leoni plant in Ukraine Production at the plant had to be temporarily interrupted because of the war. (Photo: Future Publishing/Getty Images) Munich Higher losses put the auto supplier Leoni under…
Hackers publish list of stolen data
Dusseldorf In the cyber attack on Continental, the hackers apparently not only captured a large amount of sensitive data, but also large amounts of it. This emerges from a list…
M&A market: Investors avoid automotive suppliers
Investors avoid supplier industry It is not only difficult to find investors for parts of the company from suppliers that are highly dependent on combustion engines. (Photo: dpa) Dusseldorf, Stuttgart…
M&A market: Investors avoid automotive suppliers
Investors avoid supplier industry It is not only difficult to find investors for parts of the company from suppliers that are highly dependent on combustion engines. (Photo: dpa) Dusseldorf, Stuttgart…
Job cuts cause a price jump at Schaeffler
Schaeffler logo The supplier expects an accelerated transformation. (Photo: dpa) Dusseldorf The automotive and industrial supplier Schaeffler convinced shareholders on Tuesday with surprisingly strong figures and the planned elimination of…
MTU raises its forecast – the aviation industry is urgently looking for staff
Engine maintenance at MTU The suppliers in the aviation industry are complaining about growing problems in recruiting personnel. (Photo: dpa) Frankfurt The Munich-based engine specialist MTU Aero Engines has increased…
Apple Asks Suppliers, “Is That A Bit of an Exaggeration?” said
Technology giant Apple is determined to hold tight in its relations with its suppliers. The company asks its suppliers not to change the parts they manufacture and to be extremely…
Marc Llistosella becomes the new CEO of the MDax group
Stuttgart, Munich After a search lasting more than six months, Knorr- Bremse has found a new CEO. Marc Llistosella will lead the Munich MDax group as of January 1st. Llistosella…
Why energy suppliers have to deposit billions in loans
Price development on the energy market Margin calls are currently giving many municipal utility bosses sleepless nights. Dusseldorf One might think that the record prices for gas and electricity purchases…
Why energy suppliers have to deposit billions in loans
Price development on the energy market Margin calls are currently giving many municipal utility bosses sleepless nights. Dusseldorf One might think that the record prices for gas and electricity purchases…
Uniper: federal government nationalizes energy suppliers
Uniper headquarters in Düsseldorf Berlin, Dusseldorf, Espoo The federal government nationalizes Germany’s largest gas importer Uniper. This emerges from a stock exchange announcement by the Uniper parent company Fortum on…
Energy prices are driving local gas suppliers into dire straits
Municipal utility electricity meter The number of municipal utilities with payment difficulties due to high energy prices is increasing. (Photo: dpa) Dusseldorf After the big gas traders, the first energy…
Arnd Franz succeeds Frick – who is moving to ZF
Arnd Franz Franz becomes the new Mahle boss. (Photo: LKQ Europe) Stuttgart The current interim boss of the Stuttgart-based automotive supplier Mahle, Michael Frick, will become the new chief financial…
EU plans for intervention endanger energy suppliers
Brussels The EU Commission is pushing ahead with its intervention in the electricity market at great speed. Less than two weeks ago, EU Commission President Ursula von der Leyen mentioned…
Why energy suppliers should pay their customers to save
According to our estimates, if gas prices continue to be high, this means that heating costs for private households will increase fivefold. In contrast, the price increase due to the…
Real estate owners as energy suppliers of the tenants
Munich Ampeers Energy wants to increasingly make climate protection a business model for real estate owners. “A market worth billions is currently being created for the decarbonization of buildings,” said…
Why the wave of bankruptcies fails among suppliers
auto parts supplier The automotive suppliers can pass on part of their higher costs to the car manufacturers. (Photo: dpa) Dusseldorf In the spring there was once again an alarm…