Siemens Energy withdraws from hydropower JV with Voith

– Siemens Energy plant in Mülheim-Ruhr Siemens Energy announced on Friday that it had agreed not to disclose the purchase price for 35 percent of the shares in the specialist for hydroelectric power station generators. – (Photo: imago images/Udo Gottschalk) – – – – Düsseldorf The energy technology group Siemens Energy is withdrawing from the … Read more

Production and logistics closely networked

The old house distillery Penninger has been rooted in the Bavarian Forest for over 100 years. The company, founded in 1905, is now family-run in the fourth generation and is known far beyond the Bavarian border for its spirits such as Penninger Blutwurz. With the move to Waldkirchen, the modernization strategy in logistics and production … Read more

Tchibo should become younger, more digital and more sustainable

Michael (left) and Wolfgang Herz The brothers’ families each hold around 40 percent of the Maxingvest Holding. – (Photo: Tchibo (2), dpa) – – – – Hamburg The heart of Tchibo beats on Überseering in City Nord, a Hamburg retort office district from the 1960s. The nested headquarters of the trading company also houses a … Read more

Highlighters and backpacks are turning things around for Schwan-Stabilo

Munich The trend in industry is currently towards focus. Corporations like Siemens, General Electric and Toshiba have split up or have presented plans for it. But for the family business Schwan-Stabilo, the broader lineup has paid off in the pandemic. Because Stabilo stationery and Deuter backpacks provided enough money to convert the cosmetics division. “External … Read more