Economy of Europe

DGAP-News: AIXTRON expects stronger growth in 2021 / 30% order growth in 2020 / AIXTRON meets 2020 guidance / Shareholders to receive dividend for 2020 / Order, sales and earnings growth expected for 2021

Thursday, February 25, 2021 - 7:01am

AIXTRON expects stronger growth in 2021 / 30% order growth in 2020 / AIXTRON meets 2020 guidance / Shareholders to receive dividend for 2020 / Order, sales and earnings growth expected for 2021

Key Points: 
  • AIXTRON expects stronger growth in 2021 / 30% order growth in 2020 / AIXTRON meets 2020 guidance / Shareholders to receive dividend for 2020 / Order, sales and earnings growth expected for 2021
    The issuer is solely responsible for the content of this announcement.
  • 30% order growth in 2020 / AIXTRON meets guidance for 2020 / Strong acceleration in sales and earnings growth in the fourth quarter / Shareholders to receive dividend for 2020 / Order, sales and earnings growth expected for 2021
    Herzogenrath/Germany, February 25, 2021 - AIXTRON SE (FSE: AIXA, ISIN DE000A0WMPJ6) has remained on track in fiscal year 2020.
  • The equipment manufacturer's order backlog grew by 29% to EUR 150.9 million by the end of 2020.
  • We will again increase our growth rate in 2021," adds Dr. Felix Grawert, Executive Board member of AIXTRON SE.

DGAP-News: Sixt Leasing SE digitalises vehicle handover and return process

Tuesday, February 23, 2021 - 8:02am

Roll-out initially at the locations in Frankfurt, Berlin and Munich

Key Points: 
  • Roll-out initially at the locations in Frankfurt, Berlin and Munich
    Pullach, 23February 2021 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, is optimizing vehicle handover and return at its locations in Frankfurt-Egelsbach, Berlin-Adlershof and Munich-Eching.
  • Josef Finauer, Managing Director Maintenance & Damage of Sixt Leasing SE: "Thanks to the digital recording of logistics processes, vehicle handover and return at our locations in Frankfurt, Berlin and Munich is now even more efficient and transparent.
  • Sixt Leasing's goal is to roll out the app at the more than 30 Sixt SE stations where Sixt Leasing customers can pick up or return vehicles.
  • Tobias Gawor, Director Logistics of Sixt Leasing SE: "The app-based vehicle handover is an important, further step in the consistent digitalisation and automation of our processes.

Mälarenergi Selects Hansen Trade for Automated Intraday Trading

Tuesday, February 16, 2021 - 10:00am

Under the terms of the agreement, Hansen Trade will enable the Swedish utility company to automate continuous intraday trading operations in Nord Pools intraday market.

Key Points: 
  • Under the terms of the agreement, Hansen Trade will enable the Swedish utility company to automate continuous intraday trading operations in Nord Pools intraday market.
  • The trading environment is rapidly transitioning towards one that is automated, making manual trading more challenging and costly.
  • Hansen Trade enables energy companies to automate manual trading processes and utilise the value potential of the intraday market.
  • Run as a cloud-based SaaS solution, Hansen Trade fully meets the flexibility and scalability demands of the evolving energy trading market.

IRRAS AB publishes Year End Report for the period January to December 2020

Tuesday, February 16, 2021 - 7:22am

Despite these challenges, our IRRAS team increased the number of IRRAflow control units installed globally from 55 to 68 during the quarter and delivered annual revenue growth of 40%.

Key Points: 
  • Despite these challenges, our IRRAS team increased the number of IRRAflow control units installed globally from 55 to 68 during the quarter and delivered annual revenue growth of 40%.
  • When released, such publications will further highlight the advantages of our technology and will help IRRAS accelerate IRRAflow's commercialization."
  • IRRAS maintains its headquarters in Stockholm, Sweden, with corporate offices in Munich, Germany, and San Diego, California, USA.
  • IRRAS AB (publ) is listed on Nasdaq Stockholm (ticker: IRRAS).

IRRAS AB publishes Year End Report for the period January to December 2020

Tuesday, February 16, 2021 - 7:17am

Despite these challenges, our IRRAS team increased the number of IRRAflow control units installed globally from 55 to 68 during the quarter and delivered annual revenue growth of 40%.

Key Points: 
  • Despite these challenges, our IRRAS team increased the number of IRRAflow control units installed globally from 55 to 68 during the quarter and delivered annual revenue growth of 40%.
  • When released, such publications will further highlight the advantages of our technology and will help IRRAS accelerate IRRAflow's commercialization."
  • IRRAS maintains its headquarters in Stockholm, Sweden, with corporate offices in Munich, Germany, and San Diego, California, USA.
  • IRRAS AB (publ) is listed on Nasdaq Stockholm (ticker: IRRAS).

Franc Exchange Experiences Record Surge In Users Post Bitcoin Price Skyrocketing

Friday, February 12, 2021 - 10:30pm

COIMBATORE, India, Feb. 13, 2021 /PRNewswire-PRWeb/ -- Franc Exchange , an evolving crypto-exchange platform of Indian origin, witnesses an overwhelming surge in new user registrations.

Key Points: 
  • COIMBATORE, India, Feb. 13, 2021 /PRNewswire-PRWeb/ -- Franc Exchange , an evolving crypto-exchange platform of Indian origin, witnesses an overwhelming surge in new user registrations.
  • Franc Exchange was launched sometime last year and has quickly garnered an extensive customer-base by means of mobile applications operational on iOS and Android platforms.
  • Franc Exchange is ERC20 compliant and adherent to the regulations imposed by the Government of India.
  • The workforce behind Franc Exchange are experts from the banking and financial sector and well versed with blockchain technology.

Capgemini Makes Pension Administration Digital for a Large Pension Fund in the Netherlands

Tuesday, February 9, 2021 - 4:40pm

Capgemini has announced the go live of a digital pension solution and the provisioning of modern pension administration services for Pensioenfonds Detailhandel .

Key Points: 
  • Capgemini has announced the go live of a digital pension solution and the provisioning of modern pension administration services for Pensioenfonds Detailhandel .
  • To achieve this, a team of seasoned pension specialists at Capgemini designed and deployed a new digital pension solution, with Capgemini providing ongoing services.
  • This enables Pensioenfonds Detailhandel to provide better customer experience, capture cost savings, and to address new pension regulations enacted in the Netherlands.
  • With deep experience in the pension industry, Capgemini optimized pension administration operations through its solution enabling high levels of Straight Through Processing on secure cloud technology.

Speech of Eurogroup President, Paschal Donohoe, at the LSE's German Symposium 2021 - "The Euro – A Changing Europe in a Changing World"

Saturday, February 6, 2021 - 12:06am

Thank you for the invitation today to speak to the LSE German symposium.

Key Points: 
  • Thank you for the invitation today to speak to the LSE German symposium.
  • Nevertheless, I am still delighted to be here today and I look forward to engaging with you all over the course of the next hour or so.
  • We are all conscious that we are living in unusual and challenging times.
  • The past year has shown us the preciousness and unpredictability of life.
  • Indeed, pandemics or plagues for the want of a better word have been part of the human experience since time immemorial.
  • We will celebrate the 20th anniversary of the euro as a physical currency during a time of great social and economic upheaval.
  • That is surely what Schuman meant when he said: Europe will not be made all at once, or according to a single plan.
  • This is useful to do in terms of learning from shared experiences but also in highlighting the benefit of collective action.
  • In this context, I will also talk about the specific role of the Eurogroup and our own priorities.

First 20 years of the euro – origins and developments

    • I distinctly remember the debates prior to the launch of the euro.
    • There were certainly many worthy arguments against the euro.
    • It was seen as impractical, too ambitious, it was coming too soon, it wouldnt survive its first major challenge.
    • For me, the first tangible sign of success came from the sheer speed at which the euro was adopted in everyday life.
    • In Ireland, as in the other member states, people took to the euro very quickly, within a matter of weeks.
    • However, I would like to start by looking at how the euro has fared during times of challenge and crisis.
    • The euro was designed to make our borders invisible, to provide stability and to facilitate our shared interconnectedness and interdependence.

The Euro during times of crisis

    • At its most fundamental, the creditworthiness of the euro itself was under threat as this contagion spread.
    • On reflection, the financial crisis demonstrated that the euro area was initially not fully equipped in the face of a very large shock.
    • In fact, many of the measures and safeguards that we put in place over the past decade were crucial in tackling the economic crisis caused by COVID-19.
    • In contrast to the financial crisis, which some claimed was an existential crisis for the currency itself, the euro is now positioned as a key asset and symbol of our resilience and strength.
    • As President of the Eurogroup, I have seen on a daily basis the strength of the collective response to this crisis, which I could categorise in three ways.
    • These decisions sent a clear signal to the markets that our responses to this crisis would be different.
    • These reforms mean that crisis related funding will flow in a more efficient and effective manner.
    • So in looking at this crisis, compared to before, there are two crucial differences.
    • This has illustrated the importance of coordinated action and that we can only grow and prosper if we support each other.

Forward look – what is needed to secure recovery?

    • We could just seek to welcome back the old normal many of us would just settle for that.
    • And we could applaud ourselves for the unprecedented scale of our efforts.
    • The truth is our initial emergency responses were profoundly empowered by the reforms we have undertaken over the last decade.
    • We could not know that this work would be used to combat a worldwide pandemic.
    • There is no doubt we will need to redouble our efforts in terms of vaccine roll-out in the weeks ahead.
    • In time, fiscal policy will need to become more targeted to those sectors and citizens most in need.
    • This encompasses, short-term decisions in relation to income protection; to more medium-term decisions on targeted fiscal supports to longer-term investment decisions.
    • We will look closely at what is needed in the second half of this year but also in terms of the appropriate strategy for 2022.
    • I am encouraged that we approach these important discussions from a position of consensus.

Conclusion

    • From the perspective of a politician and a Finance Minister, the world is watching our actions in response to COVID-19.
    • It is true our European interconnectedness was intertwined with the spread of the contagions that caused both of the major crises in the life of the euro.
    • Yet it was precisely this reservoir of interconnectedness of shared destiny and solidarity that allowed us take the steps required to emerge stronger and more unified from these events.
    • And let us end with Camus, from The Plague again: And indeed it could be said that once the faintest stirring of hope became possible, the dominion of plague was ended.

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European Institute of Innovation and Technology and Strategic Innovation Agenda: EU co-legislators reach political agreement

Friday, January 29, 2021 - 8:00am

A group of representatives of member states will be consulted on strategic decisions, such as the extension of partnership agreements with KICs.

Key Points: 
  • A group of representatives of member states will be consulted on strategic decisions, such as the extension of partnership agreements with KICs.
  • The key features of the agreed SIA are the following :

    Background

    The European Institute of Innovation and Technology (EIT) is an integral part of Horizon Europe, the future EU framework programme for research and innovation.

  • The Strategic Innovation Agenda (SIA) complements the legislative framework for the functioning of the EIT for the years 2021 to 2027.
  • Next steps

    The agreed texts will be submitted to the relevant bodies of the Council and the Parliament for political endorsement shortly.

DGAP-News: SIXT appoints long-standing SIXT manager Nico Gabriel new Chief Operating Officer (COO) and thus consistently continues to combine the branch business and digital mobility services in one Management Board department

Wednesday, January 27, 2021 - 11:35am

Erich Sixt: "With Nico Gabriel, a highly respected and long-standing colleague is strengthening our Management Board.

Key Points: 
  • Erich Sixt: "With Nico Gabriel, a highly respected and long-standing colleague is strengthening our Management Board.
  • Pullach, January 27, 2021 - The experienced mobility expert and long-time SIXT Operations and Tech Manager Nico Gabriel will be joining the Management Board of Sixt SE as Chief Operating Officer (COO).
  • Erich Sixt, Chairman of the Management Board of Sixt SE: "With Nico Gabriel, a highly respected and long-standing colleague is strengthening our Management Board.
  • Friedrich Joussen, Chairman of the Supervisory Board of Sixt SE: "SIXT is positioning itself for the future by appointing Nico Gabriel to the Management Board.