Carinthia attacks the chip industry

Chipwerk in Villach Infineon is investing 1.6 billion euros in its new semiconductor factory in Carinthia. (Foto: Bloomberg) Villach, Klagenfurt The clock is ticking: “We’re looking for 100 people by the middle of next year,” says Claus Lachmann. The head of personnel at the chip machine manufacturer Lam Research in Villach is under pressure. After all, […]

Business celebrates the end of the entry ban

Munich, Frankfurt, Düsseldorf Airlines and tour operators are preparing for a rapidly increasing demand for flights to the USA. Lufthansa alone reported 40 percent more booking requests for US destinations in the morning. Germany’s largest travel company Tui also felt significantly more demand for destinations in the USA on Tuesday morning. “We assume that the […]

Lack of materials bothers German companies. Not only chips are missing

“In my entire career, I haven’t experienced so many commodities at once, and I’ve been working in the same industry since 1996,” complains Thomas Nuernberger, sales manager at EBM Papst, a manufacturer of motors and fans. During last year’s and this year’s lockdowns, Germany benefited from its focus on the manufacturing sector. Thus, the pandemic […]

Small electric car at a low competitive price

Düsseldorf Compared to industry giants like Volkswagen or Tesla, ACM is tiny. Just ten employees are working on a new electric car in Munich. CEO Paul Leibold and his team have invested eight years of development in a small electric car that has some things that the competition lacks. It is not only light and […]

Europe punishes kidnappers from Minsk – Morning Briefing

Good morning dear readers, after admiring the creativity of the united “Dylanologists” of this world – all these homages on the 80th birthday of the word master on Whit Monday, often with one of the 600 Bob Dylan songs as an anchor line ( with “Knockin ‘on Heaven’s Door”) – so we direct our gaze […]

Titles in action: Air Canada, Cogeco, BMW, Adidas, Siemens, Beyond Meat

Here is a selection of announcements that have made (or will make) move the prices of these companies: (Come back and read us from time to time so as not to miss an update) The Canadian airline industry has suffered greatly over the past year from the COVID-19 crisis, and the first quarter resultsAir Canada […]

Investors continue to hope for good quarterly reports

Frankfurt Do companies’ profits justify the high valuations of the stocks? There will be a lot of new answers to this question in the week from Monday.The housing giant will lay down on Tuesday Vonovia and the semiconductor specialist Infineon Numbers ahead. Half-time workers have recently been so scarce that production has been slowed in […]

Financing: Synlab, Grünenthal, Siemens – FINANCE Magazin

Die Laborkette Synlab has announced further details on its planned IPO. The financial investor’s company Cinven has set the price range for the IPO at 18 to 23 euros per share. The offer could total up to 1.48 billion euros. It consists of a capital increase of 22.2 million new shares and 27.5 million shares […]

Continental boss Nikolai Setzer tackles Conti’s core problems

Düsseldorf Nikolai Setzer is starting his first year with a mortgage Continental-Boss. Of the Dax-Group posted a billion-dollar loss in 2020 due to the consequences of the corona pandemic and write-offs on the value of previous company acquisitions. The shareholders acknowledged the result on Tuesday with sales: With a minus of eight percent, the share […]