To be produced on the new extrusion line: PET blister film “knNext” (Photo: kp) The film specialist Klöckner Pentaplast (KP, Montabaur) has announced further details of its USA expansion plans: The packaging manufacturer will invest several million USD in the production and processing of PET and recycled PET films at its production facility in Beaver, … Read more
24.02.2022 The rotational molding specialist Köver GmbH & Co KG Metal and plastic processing (D-21614 Buxtehude) has filed for insolvency. On January 26, 2022, the district court in Tostedt appointed a lawyer as provisional administrator Friedrich von Kaltenborn-Stachau from the office BRL Boege Rohde Luebbehuesen (BRL; D-20354 Hamburg). The company is to be reorganized as … Read more
January 14, 2022 – Eleven market participants achieved combined ratios of less than 75 percent in 2020. The most profitable was the Cosmos, which spent just 36 percent of revenue on claims and costs. The Volkswohl Bund and the Mecklenburgische have improved particularly strongly. This can be found in the “Industry Monitor 2015-2020: Liability Insurance” … Read more
January 11, 2022 – 2021 brought another decline in corporate insolvencies. This trend is now likely to have come to an end. Since the third and especially the fourth quarter, Creditreform has registered a “normalization” of insolvency events. In the credit and insurance sector, 70 bankruptcies were counted, and the insolvency rate in the sector … Read more
22.12.2021 The halogen-free, flame-retardant PA 6 can also be colored in light colors such as orange or yellow. (Photo: Lanxess) -Cable harnesses are among the most complex assemblies in electric vehicles. Their numerous connectors must be marked in a wide variety of colors for better differentiation during assembly and maintenance. At the same time, they … Read more
November 8th, 2021 – This year, the Grazer Wechselseite has given an award to Corina Madreiter-Sokolowski and her team from the Medical University of Graz for research on cell aging, specifically on the energy supply to mitochondria, which in turn produce energy for the cells of the human body are. Research is carried out with … Read more
Despite the preliminary insolvency: Business operations in Saalburg-Ebersdorf will be continued in full (Photo: ETM Engineering Technologie Marketing) The production downtimes in the automotive industry stumbled another player: on October 13, 2021, preliminary insolvency proceedings were ordered for the assets of ETM Engineering Technologie Marketing GmbH (Saalburg-Ebersdorf). The district court of Gera appointed RA Rolf … Read more
September 22nd, 2021 – Krefeld had the highest burglary rate in relation to the number of inhabitants of all 82 cities with more than 100,000 inhabitants in 2020. The burglary rate here was around three times higher than the national average and even nine times higher than in Jena with the lowest Klaurate. The awareness … Read more
September 20, 2021 – The worst damage balance among the major German cities has the federal capital Berlin in motor liability insurance as well as in full and partially comprehensive insurance. It looks best in Cottbus (motor vehicle liability), Paderborn (fully comprehensive) and Erlangen (partial comprehensive). This is shown by detailed data from the new … Read more
9/10/2021 – Cost pressure has increased for companies due to the behavior of insurers, Greco states. In addition to premium increases, new exclusions will also be applied; to this end, customers must improve their risk management. The D&O insurance market is particularly hardened. The domestic insurance broker Greco International AG invited to his “Risk Day” … Read more