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  • Bosch continues its strong commitment to Austria

    Content Types: ArticleRegions & Countries: AustriaGermanyIndustries: Information Technology
    In 2019 Bosch made considerable investments of capital and human resources at its Austrian sites. It is attaching particular emphasis on R&D.
  • BMW invested € 374 million in Austria in 2019

    Content Types: ArticleRegions & Countries: AustriaGermanyIndustries: Automotive
    In 2019, BMW invested € 374 million in the Austrian production facility in Steyr which manufactures close to half of all BMW engines.
  • Finance Minister Boddenberg elected as new Chairman of Fraport’s Supervisory Board

    Content Types: ArticleRegions & Countries: GermanyIndustries: Aviation
    Fraport AG’s Supervisory Board, in an extraordinary meeting today, elected Hessian finance minister Michael Boddenberg as their new chairman. Michael Boddenberg succeeds Karlheinz Weimar, who stepped down at the close of yesterday’s Annual General Meeting (AGM) – after leading the Supervisory Board for more than 16 years. The shareholders elected Michael Boddenberg to the Supervisory Board at yesterday’s AGM.
  • M&A Report (May 2020)

    Content Types: NewsletterRegions & Countries: ChinaGermany...Industries: Banking & FinanceManufacturing...
    M&A Report (May 2020)
  • ZF sees buyer interest in Rothschild-led aviation unit strategic review - sources

    Content Types: NewsletterRegions & Countries: GermanyIndustries: AutomotiveAviation
    German auto supplier ZF Friedrichshafen has held preliminary talks with potential suitors for its aviation unit as it reviews strategic options for the business, two sources familiar with the matter said.
  • Majority stake in Metro sold to Wumei Technology Group in 1.5b euro deal

    Content Types: Recent TransactionRegions & Countries: ChinaGermanyIndustries: Lifestyle & Consumer Goods
    German wholesaler Metro announced on Apr 23 that it has completed the sale of a majority stake in Metro China to Wumei Technology Group in exchange for net cash proceeds of more than 1.5 billion euros.
  • Infineon expands chip production in Austria

    Content Types: ArticleRegions & Countries: AustriaGermanyIndustries: Manufacturing
    The German chip manufacturer Infineon is massively expanding its capacities in Austria.
  • Airbus 320 evacuated in Duesseldorf

    Content Types: ArticleRegions & Countries: GermanyTurkeyIndustries: Aviation
    Known as a reliable, cheap airline, but safe is Pegasus Airlines. After a recent incident in Istanbul where a Pegasus jet slid off the runway, an evacuation after a burning tire was a second incident within one month. This time in Duesseldorf, Germany.
  • Ares Genetics brings rapid coronavirus test to Europe

    Content Types: ArticleRegions & Countries: ChinaGermanyIndustries: Medical & Health
    Ares Genetics GmbH, the Viennese subsidiary of the German Curetis Group, has joined forces with the Chinese genomics research company BGI Group to collaborate in making rapid molecular diagnostic testing for the new coronavirus 2019-nCoV available in Europe.
  • Celeo Redes sells private bond to sole buyer AllianzGi

    Content Types: ArticleRegions & Countries: ChileGermanyIndustries: Power/Utilities
    Transmission line holding company Celeo Redes raised USD 375m through a 4(a)(2) registered bond, said three sources briefed on the situation.

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