Frankfurt Airport

EQS-News: German brand SMARTments connect opens its first property in Frankfurt featuring serviced apartments for young professionals and community kitchens

Retrieved on:

Wednesday, March 13, 2024

Wine, Alte Oper, A66, German, COVID-19, City, Messe Frankfurt, Frankfurt Airport, GBI, Family, Investment

Yesterday, Wednesday, in Germany the first building of the new SMARTments connect serviced apartment brand opened in Frankfurt´s City-East.

Key Points:

Yesterday, Wednesday, in Germany the first building of the new SMARTments connect serviced apartment brand opened in Frankfurt´s City-East.
The GBI Group's new product line brings 128 serviced apartments, with communal kitchens on all six floors, to Borsigallee 9, aimed at young professionals, tourists and anyone who likes to mix with others.
Guests staying in these apartments also have the opportunity to use the communal kitchens.
This combines serviced apartments with other types of property use, including those from the SMARTments family.

Airport Automation Market to Reach $19.6 Billion, Globally, by 2032 at 6.4% CAGR: Allied Market Research

Retrieved on:

Thursday, February 8, 2024

PORTLAND, Ore., Feb. 7, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Airport Automation Market by System (Data Acquisition and Communication, Automation and Control, Data Storage, and Software and Solution), Application (Baggage Handling and Tracking, Ground Transportation and Parking, Retail and Dinning, Facility Management, Passenger Service and Assistance, Emergency Response and Safety, Ground Support Equipment, Air Traffic Management, Airfield Management, and Others), Airport Side (Land Side and Air Side), End Market (Greenfield and Brownfield), and Automation Level (Level 1.0, Level 2.0, Level 3.0, and Level 4.0): Global Opportunity Analysis and Industry Forecast, 2023–2032.

Key Points:

Moreover, the conflict between Russia and Ukraine could have an impact on plans for infrastructure development in the impacted areas.
The automation and control segment to maintain its leadership status during the forecast period.
Key Highlights of the Airport Automation Industry Report:
Comprehensive analysis spanning over 16 countries, featuring country-wise value breakdown ($ million) for 2022-2032.
Thorough review of 3,700+ product literature, annual reports, industry statements, and materials from major industry players, enhancing market understanding.

Airport Automation Market to Reach $19.6 Billion, Globally, by 2032 at 6.4% CAGR: Allied Market Research

Retrieved on:

Thursday, February 8, 2024

PORTLAND, Ore., Feb. 7, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Airport Automation Market by System (Data Acquisition and Communication, Automation and Control, Data Storage, and Software and Solution), Application (Baggage Handling and Tracking, Ground Transportation and Parking, Retail and Dinning, Facility Management, Passenger Service and Assistance, Emergency Response and Safety, Ground Support Equipment, Air Traffic Management, Airfield Management, and Others), Airport Side (Land Side and Air Side), End Market (Greenfield and Brownfield), and Automation Level (Level 1.0, Level 2.0, Level 3.0, and Level 4.0): Global Opportunity Analysis and Industry Forecast, 2023–2032.

Key Points:

Moreover, the conflict between Russia and Ukraine could have an impact on plans for infrastructure development in the impacted areas.
The automation and control segment to maintain its leadership status during the forecast period.
Key Highlights of the Airport Automation Industry Report:
Comprehensive analysis spanning over 16 countries, featuring country-wise value breakdown ($ million) for 2022-2032.
Thorough review of 3,700+ product literature, annual reports, industry statements, and materials from major industry players, enhancing market understanding.

EQS-News: publity AG sells office property in Neu-Isenburg

Retrieved on:

Tuesday, February 6, 2024

AG, Frankfurt, Frankfurt Airport, Aramark

February 2024 – publity AG ("publity", ISIN DE0006972508) as asset manager has successfully sold an office property in Neu-Isenburg near Frankfurt am Main.

Key Points:

February 2024 – publity AG ("publity", ISIN DE0006972508) as asset manager has successfully sold an office property in Neu-Isenburg near Frankfurt am Main.
The property has a rentable area of almost 16,000 square meters and is centrally located in the Rhine-Main area, just a few kilometers from Frankfurt Airport.
The main tenant of the office property is the internationally active catering service provider Aramark.
Frank Schneider, CEO of publity: "We are delighted about the latest transaction in Neu-Isenburg.

Rohde & Schwarz closes challenging fiscal year successfully

Retrieved on:

Tuesday, November 14, 2023

MUNICH, Nov. 14, 2023 /PRNewswire/ -- The 2022/2023 fiscal year (July to June) was marked by geopolitical uncertainty and difficult economic conditions. Nevertheless, Rohde & Schwarz achieved an excellent order intake of well over EUR 3 billion and revenue rose to EUR 2.78 billion. The positive operating result was also in line with expectations. On June 30, 2023, Rohde & Schwarz had around 13,800 employees worldwide.

Key Points:

Nevertheless, Rohde & Schwarz achieved an excellent order intake of well over EUR 3 billion and revenue rose to EUR 2.78 billion.
In this challenging environment, the diversified Rohde & Schwarz T&M portfolio proved highly advantageous and ensured a robust fiscal year.
Rohde & Schwarz, a key supplier in Germany with solutions to ensure digital sovereignty, is already benefiting from this trend.
Rohde & Schwarz aims to achieve the 1.5 °C climate protection target at selected group locations by 2030 without buying any offset certificates.

Rohde & Schwarz closes challenging fiscal year successfully

Retrieved on:

Tuesday, November 14, 2023

MUNICH, Nov. 14, 2023 /PRNewswire/ -- The 2022/2023 fiscal year (July to June) was marked by geopolitical uncertainty and difficult economic conditions. Nevertheless, Rohde & Schwarz achieved an excellent order intake of well over EUR 3 billion and revenue rose to EUR 2.78 billion. The positive operating result was also in line with expectations. On June 30, 2023, Rohde & Schwarz had around 13,800 employees worldwide.

Key Points:

Nevertheless, Rohde & Schwarz achieved an excellent order intake of well over EUR 3 billion and revenue rose to EUR 2.78 billion.
In this challenging environment, the diversified Rohde & Schwarz T&M portfolio proved highly advantageous and ensured a robust fiscal year.
Rohde & Schwarz, a key supplier in Germany with solutions to ensure digital sovereignty, is already benefiting from this trend.
Rohde & Schwarz aims to achieve the 1.5 °C climate protection target at selected group locations by 2030 without buying any offset certificates.

Canada Goose Reports Second Quarter Fiscal 2024 Results

Retrieved on:

Thursday, November 2, 2023

Inventory was $519.7m for the second quarter ended October 1, 2023, up 2% from the second quarter ended October 2, 2022, with decelerating year-over-year growth compared to the first quarter of fiscal 2024.

Key Points:

Inventory was $519.7m for the second quarter ended October 1, 2023, up 2% from the second quarter ended October 2, 2022, with decelerating year-over-year growth compared to the first quarter of fiscal 2024.
During the second quarter of fiscal 2024, the Company repurchased 1,364,542 subordinate voting shares for a total cash consideration of $29.9m, ending the quarter with a cash balance of $37.5m, compared with $97.1m at first quarter ended October 2, 2022.
Non-Heavyweight Down category grew year-over-year in the second quarter of fiscal 2024, expanding its share of revenue within the overall mix.
As a result, we saw early momentum gathered in our second quarter of fiscal 2024 begin to slow noticeably in September.

EQS-News: Vulcan Energy Resources Limited: Vulcan granted new licence for expansion into Frankfurt

Retrieved on:

Monday, September 25, 2023

The Luftbrücke license, in the Frankfurt region, includes a number of large industrial areas including the Höchst Chemical Park, and Frankfurt Airport, which are all heavy energy consumers requiring large quantities of renewable energy and heating solutions.

Key Points:

The Luftbrücke license, in the Frankfurt region, includes a number of large industrial areas including the Höchst Chemical Park, and Frankfurt Airport, which are all heavy energy consumers requiring large quantities of renewable energy and heating solutions.
It is also very carbon intensive, with almost 80% fossil energy sources, mainly gas and coal.
Given Frankfurt’s high heat demand, there is a significant commercial and decarbonisation opportunity for Vulcan Energy via geothermal renewable energy development in Luftbrücke.
“This new licence signifies a major future phase opportunity for Vulcan as a dual lithium and geothermal energy producer,” said Managing Director and CEO Cris Moreno.

Bruker Announces New Fraport AG Framework Contract for ETD Systems

Retrieved on:

Thursday, September 7, 2023

Fraport AG has announced the procurement decision in favor of Bruker for the provision of up to 220 DE-tector™ flex explosives and narcotics trace detectors to support their airport security measures.

Key Points:

Fraport AG has announced the procurement decision in favor of Bruker for the provision of up to 220 DE-tector™ flex explosives and narcotics trace detectors to support their airport security measures.
The next-generation, high-performance Bruker DE-tector flex systems are intended to replace earlier-generation Bruker ETD systems at Frankfurt airport.
“These next-generation systems will replace earlier explosive trace detectors at Frankfurt Airport and modernize the screening of passengers.
Bruker is fully committed to continue the long-term supplier partnership that started with the first installation of Bruker ETD detectors at FRA in 2015.”

EQS-News: Centrica Signs 5-Year Corporate PPA with Fraport AG in Germany for Renewable Power from Onshore Wind Farm developed by PNE AG

Retrieved on:

Saturday, May 27, 2023

PNE AG, Electricity, Real estate, Carbon, Strategic planning, Global warming potential, Wind, Centrica, PNE, Professional, Growth, PPA, Farm, Renewable energy, Frankfurt Airport, Fraport

AALBORG & FRANKFURT, 26 May 2023: Fraport AG, owner and operator of Frankfurt Airport, and Centrica Energy Trading, a leading European provider of energy management and optimisation services, have today announced the signing of a five-year renewable consumption PPA for wind power developed in Northern Germany by PNE AG.

Key Points:

AALBORG & FRANKFURT, 26 May 2023: Fraport AG, owner and operator of Frankfurt Airport, and Centrica Energy Trading, a leading European provider of energy management and optimisation services, have today announced the signing of a five-year renewable consumption PPA for wind power developed in Northern Germany by PNE AG.
Starting July 2023, Centrica will offtake power production from a recently commissioned onshore wind farm developed by PNE AG, providing Fraport AG with approximately 63 GWh of renewable electricity annually.
Located in Northern Germany, the wind farm has a total capacity of 22MW, generating enough renewable electricity to annually displace approximately 24,300 tonnes [1] of CO2e.
“Germany’s green transition is accelerating, and the focus on sustainability and demand for renewable energy solutions only continues to grow.