Geography of Germany

DGAP-News: Heidelberger Druckmaschinen AG: Heidelberg aims to strengthen its competitive position in the growth market of China - production joint venture agreed with Masterwork

Retrieved on: 
Wednesday, December 2, 2020
Baden, Heidelberg, Karlsruhe, Odenwald, Joint venture, Geography of Germany, Companies, Business

Heidelberger Druckmaschinen AG (Heidelberg) aims to further strengthen its leading competitive position in the growth market of China and has therefore set up a production joint venture with its long-standing partner and strategic anchor shareholder Masterwork Group Co., Ltd. (Masterwork).

Key Points: 
  • Heidelberger Druckmaschinen AG (Heidelberg) aims to further strengthen its leading competitive position in the growth market of China and has therefore set up a production joint venture with its long-standing partner and strategic anchor shareholder Masterwork Group Co., Ltd. (Masterwork).
  • "The manufacturing joint venture with Masterwork is a further milestone in the successful cooperation between the two companies and opens up additional opportunities for Heidelberg in China," said Rainer Hundsdrfer, CEO of Heidelberg.
  • We have increasingly strengthened our leading market position by expanding our range of products at our production site near Shanghai.
  • Under the terms of the cooperation agreement, the joint venture will take over some of the machine parts previously manufactured by Heidelberg.

AM Best Revises Outlooks to Positive for Bremen Farmers Mutual Insurance Company

Retrieved on: 
Monday, November 30, 2020
Banking, Professional services, Insurance, Finance, Bremen, Reinsurance companies, Geography of Germany, Credit rating agencies

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of bbb+ of Bremen Farmers Mutual Insurance Company (Bremen) (Bremen, KS).

Key Points: 
  • AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of bbb+ of Bremen Farmers Mutual Insurance Company (Bremen) (Bremen, KS).
  • The revised Long-Term ICR outlook to positive is the result of favorable trends in Bremens balance sheet strength.
  • This has caused strong surplus appreciation in the latest five years and is the fourth consecutive year Bremen has surplus above $20 million.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

DGAP-News: Traumhaus AG: Unternehmensgruppe Nassauische Heimstätte | Wohnstadt acquires a further building section of Traumhaus AG

Retrieved on: 
Tuesday, November 24, 2020
Hesse-Nassau, Geography of Germany, Taunus, Frankfurt, Duchy of Nassau, Wiesbaden, Subdivisions of Germany, Country subdivisions

Wiesbaden 24 November 2020 - Traumhaus AG has sold a further construction phase in Wiesbaden to the Nassauische Heimsttte | Wohnstadt (NHW) group of companies.

Key Points: 
  • Wiesbaden 24 November 2020 - Traumhaus AG has sold a further construction phase in Wiesbaden to the Nassauische Heimsttte | Wohnstadt (NHW) group of companies.
  • Last year, Traumhaus AG had already sold the first two building sections to NHW, also by forward deal.
  • Traumhaus AG, founded in Wiesbaden in 1993, is an experienced provider of innovative housing concepts and serial construction in solid building methods.
  • The Unternehmensgruppe Nassauische Heimsttte | Wohnstadt (NHW), based in Frankfurt am Main and Kassel, has been providing comprehensive services in the areas of housing, construction and development for almost 100 years.

Hanover Community Bank Names Michael P. Locorriere as Executive Vice President & Chief Municipal Officer

Retrieved on: 
Tuesday, November 17, 2020
Hanover, Hanover Region, Province of Hanover, Geography of Germany

MINEOLA, N.Y., Nov. 17, 2020 (GLOBE NEWSWIRE) -- Hanover Community Bank today announced that Michael Locorriere has joined the Company as Executive Vice President & Chief Municipal Officer.

Key Points: 
  • MINEOLA, N.Y., Nov. 17, 2020 (GLOBE NEWSWIRE) -- Hanover Community Bank today announced that Michael Locorriere has joined the Company as Executive Vice President & Chief Municipal Officer.
  • Mr. Locorriere brings to Hanover extensive municipal relationship expertise with more than 30 years of banking and government experience.
  • At Hanover, Mr. Locorriere will be responsible for all municipal depository activities including developing, maintaining and administering municipal programs that contribute to the effective and profitable operation of the Bank.
  • Prior to joining Hanover, Mr. Locorriere served as Executive Vice President & Director of Municipal Banking at Empire National Bank.

DGAP-News: Heidelberg Pharma will Present at German Equity Forum and Provides Update on Partner Activities for its Legacy Assets

Retrieved on: 
Thursday, November 12, 2020
Baden, Ladenburg, Rhein-Neckar-Kreis, Heidelberg, Geography of Germany, Subdivisions of Germany, Heidelberg Pharma's proprietary ATAC technology, Heidelberg Pharma

Ladenburg, Germany, 12 November 2020 - Heidelberg Pharma AG (FSE: HPHA) today announced that it will give a presentation at the German Equity Forum (Eigenkapitalforum, EKF) and provided an update on recent news from its licensing partners.

Key Points: 
  • Ladenburg, Germany, 12 November 2020 - Heidelberg Pharma AG (FSE: HPHA) today announced that it will give a presentation at the German Equity Forum (Eigenkapitalforum, EKF) and provided an update on recent news from its licensing partners.
  • Dr. Jan Schmidt-Brand, CEO/CFO of Heidelberg Pharma AG will hold a company presentation on Wednesday, 18th November at 10:00 am CET.
  • Dr. Jan Schmidt-Brand said: "We are pleased that our partners are making significant progress with our out-licensed product candidates.
  • Heidelberg Pharma AG is listed on the Frankfurt Stock Exchange: ISIN DE000A11QVV0 / WKN A11QVV / Symbol HPHA.

DGAP-News: Hamburger Hafen und Logistik AG: HHLA successfully resists effects of the coronavirus pandemic

Retrieved on: 
Thursday, November 12, 2020
HHLA, Port of Hamburg, Transport, Hafen, Geography of Germany, Maritime transport

Hamburger Hafen und Logistik AG: HHLA successfully resists effects of the coronavirus pandemic

Key Points: 
  • Hamburger Hafen und Logistik AG: HHLA successfully resists effects of the coronavirus pandemic
    The issuer is solely responsible for the content of this announcement.
  • Despite the lasting impact of the coronavirus pandemic, Hamburger Hafen und Logistik AG (HHLA) recorded a positive operating result in the first nine months of 2020.
  • Angela Titzrath, Chairwoman of HHLA's Executive Board: "HHLA responded well to the situation created by the coronavirus pandemic.
  • The decline was primarily the result of a revenue correction for expected rent losses as a consequence of the coronavirus pandemic.

Vantage Data Centers Completes Milestone of USD $2 Billion European Expansion; Opens Flagship EU Campus in Frankfurt

Retrieved on: 
Monday, November 2, 2020
Technology, Networks, Internet, Data management, Frankfurt, Hesse-Nassau, Etix, Offenbach, Geography of Germany

The Frankfurt campus was part of the acquisition of Etix Everywhere in February 2020, which Vantage announced along with greenfield developments in Berlin, Milan, Warsaw and Zurich.

Key Points: 
  • The Frankfurt campus was part of the acquisition of Etix Everywhere in February 2020, which Vantage announced along with greenfield developments in Berlin, Milan, Warsaw and Zurich.
  • The campus, located in Offenbach, will house three multi-story data centers totaling 55MW of critical IT capacity and 650,000 square feet (60,000 square meters) when fully developed.
  • The opening of the Frankfurt campus is a key milestone in Vantages strategy to expand across Europe.
  • Vantage Data Centers powers, cools, protects and connects the technology of the worlds well-known hyperscalers, cloud providers and large enterprises.

Hannover Re US and Ladder Announce Partnership Growth in the US Life Insurance Market

Retrieved on: 
Tuesday, October 20, 2020
Professional services, Insurance, Finance, Types of insurance, Insurance, Life insurance, Hanover, Geography of Germany

Hannover Life Reassurance Company of America (Hannover Re US) and Ladder announce the growth of their successful partnership having worked together since 2016 to close the life insurance gap in the US.

Key Points: 
  • Hannover Life Reassurance Company of America (Hannover Re US) and Ladder announce the growth of their successful partnership having worked together since 2016 to close the life insurance gap in the US.
  • Ladders technology-driven, smart life insurance offering provides a seamless, transparent life insurance buying experience that meets the demands of todays consumers.
  • Hannover Re US has continued to support Ladder with innovative risk management solutions, accelerated underwriting consultation and outsourced underwriting services.
  • We are pleased to continue this successful partnership in pursuit of making life insurance accessible to consumers through a digital process.

DGAP-News: Traumhaus AG: Traumhaus AG: Sales pick up noticeably Sold and reserved residential units increase

Retrieved on: 
Monday, October 12, 2020
Hesse-Nassau, Wiesbaden-Erbenheim, Wiesbaden, Darmstadt-Eberstadt, Lich, Hesse, Terraced house, Gelnhausen, Single-family detached home, States of Germany, Municipalities of Germany, Geography of Germany

Wiesbaden, 12 October 2020 - Demand for the terraced houses and semi-detached houses built by Traumhaus has increased noticeably since the summer.

Key Points: 
  • Wiesbaden, 12 October 2020 - Demand for the terraced houses and semi-detached houses built by Traumhaus has increased noticeably since the summer.
  • In Wiesbaden-Erbenheim, binding reservations have been made for all 47 units of the first construction phase since the start of sales on 25 September.
  • In Lich-Eberstadt, 21 residential units out of 24 have been reserved, and in Gelnhausen Meerholz, all 18 residential units available have already been fully reserved since 10 September.
  • All units of the first construction phase in Wesseling (NRW) have also been fully reserved, as well as all residential units with the exception of one house also in the second construction phase.

DGAP-News: Heidelberg Pharma AG: Interim Management Statement on the First Nine Months of 2020

Retrieved on: 
Thursday, October 8, 2020
Baden, Heidelberg, Karlsruhe, Odenwald, Geography of Germany

Ladenburg, Germany, 8 October 2020 - Heidelberg Pharma AG (FSE: HPHA) today reported on the first nine months of fiscal year 2020 (1 December 2019 - 31 August 2020) and the Group's financial figures.

Key Points: 
  • Ladenburg, Germany, 8 October 2020 - Heidelberg Pharma AG (FSE: HPHA) today reported on the first nine months of fiscal year 2020 (1 December 2019 - 31 August 2020) and the Group's financial figures.
  • The Heidelberg Pharma Group - as of the reporting date comprising Heidelberg Pharma AG and its subsidiary Heidelberg Pharma Research GmbH - reports consolidated figures.
  • For 2020, Heidelberg Pharma anticipates cash requirements of EUR 18.0 million to EUR 20.0 million (previously: EUR 11.0 million to EUR 15.0 million).
  • The complete figures for the interim financial statements can be downloaded from http://www.heidelberg-pharma.com / "Press & Investors > Financial Reports > Interim Management Statement of 8 October 2020".