Province of Hanover

DGAP-News: Salzgitter Aktiengesellschaft: Salzgitter AG and Anglo American cooperate in optimizing iron ore supplies for low CO2 steel production

Retrieved on: 
Wednesday, August 4, 2021

Salzgitter AG's subsidiary Salzgitter Flachstahl GmbH has signed a Memorandum of Understanding (MOU) with Anglo American to join forces in investigating the optimization of iron ore supplies for direct reduction.

Key Points: 
  • Salzgitter AG's subsidiary Salzgitter Flachstahl GmbH has signed a Memorandum of Understanding (MOU) with Anglo American to join forces in investigating the optimization of iron ore supplies for direct reduction.
  • The primary aim of the joint research activities is to minimize the CO2 footprint of steel production.
  • SALCOS(R) stands for "SAlzgitter Low CO2 Steelmaking" and is a transformation concept for the integrated steel production route.
  • The transformation will allow CO2 emissions from steel production to be reduced by 95 percent by 2045.

DGAP-News: Salzgitter Aktiengesellschaft: Salzgitter AG delivers green strip steel to Mercedes-Benz AG

Retrieved on: 
Thursday, July 22, 2021

Before the end of 2021, Salzgitter AG subsidiary Salzgitter Flachstahl GmbH will be delivering green strip steel products with a CO2 footprint reduced by more than 66% to four German plants of Mercedes-Benz AG.

Key Points: 
  • Before the end of 2021, Salzgitter AG subsidiary Salzgitter Flachstahl GmbH will be delivering green strip steel products with a CO2 footprint reduced by more than 66% to four German plants of Mercedes-Benz AG.
  • The low CO2 steel grades are produced in Peine's mini mill in combination with the steelworks galvanizing plant in Salzgitter.
  • Mercedes-Benz AG is the first automotive manufacturer that Salzgitter Flachstahl GmbH is supplying with CO2-reduced steel in the form of cold-rolled strip and galvanized sheet steel for serial production.
  • As the first steel producer in Europe, Salzgitter AG has obtained conformity statements for its new green steel products in accordance with the VERIsteel standard of TV SD (German technical inspectorate).

Hanover Property Company Announces Builder Line-Up for Midlothian Community

Retrieved on: 
Thursday, July 8, 2021

Hanover Property Company announced today the builder line-up for its $950 million master-planned development in Midlothian, Texas, called BridgeWater.

Key Points: 
  • Hanover Property Company announced today the builder line-up for its $950 million master-planned development in Midlothian, Texas, called BridgeWater.
  • Were releasing more lots in this first phase than we originally anticipated based on the high market demand, said Ben Luedtke, executive vice-president of Hanover Property Company.
  • As the first true master-planned community of this size in Midlothian, the interest has been phenomenal.
  • Hanover Property Company is a real estate development firm located in the Dallas-Fort Worth area that focuses on a diverse portfolio of master-planned residential, commercial retail, and land development properties.

DGAP-News: Salzgitter Aktiengesellschaft: Financial Year 2020: By no means a lost year!

Retrieved on: 
Monday, March 15, 2021

Salzgitter Aktiengesellschaft: Financial Year 2020: By no means a lost year!

Key Points: 
  • Salzgitter Aktiengesellschaft: Financial Year 2020: By no means a lost year!
  • The financial year 2020 was therefore not a lost year for the Salzgitter Group.
  • Within the context of this concept, Salzgitter AG initiated the "Wind Hydrogen" and the "GrInHy / GrInHy2.0" (= Green Industrial Hydrogen) projects.
  • As Europe's first steel producer, Salzgitter AG has obtained two conformity statements certified in line with TV SD's VERIsteel process.

Travelling without moving - Europe travels to Hannover - virtually

Retrieved on: 
Sunday, December 6, 2020

Until the end of January, two ICE ultra-fast trains with the well-known Hannover motifs in "360 - world globe format" will travel across the country.

Key Points: 
  • Until the end of January, two ICE ultra-fast trains with the well-known Hannover motifs in "360 - world globe format" will travel across the country.
  • With a mobile phone or tablet, Hannover fans can go on a digital tour and immerse themselves in their personal journey to the highlights of the Hannover region.
  • The "Travelling without moving" campaign was launched by the HMTG at the end of March and has been supplemented with numerous new tours and virtual trips since then.
  • More information about the exhibition center, as well as numerous convention and event locations, can be found directly under:

DGAP-News: Salzgitter Aktiengesellschaft: Another milestone on the course to low CO2 steel production - Federal Minister Svenja Schulze hands over funding approval

Retrieved on: 
Friday, December 4, 2020

Federal Environment Minister Svenja Schulze today handed over the funding approval for the construction of the first direct reduced iron (DRI) plant to be operated flexibly by hydrogen and natural gas.

Key Points: 
  • Federal Environment Minister Svenja Schulze today handed over the funding approval for the construction of the first direct reduced iron (DRI) plant to be operated flexibly by hydrogen and natural gas.
  • Stephan Weil, Minister President of Lower Saxony, and Frank Klingebiel, Lord Mayor of the City of Salzgitter, also participated in this important event.
  • The full transformation from conventional to hydrogen-based steel production at Salzgitter AG is to be implemented in various stages by 2050.
  • This will ultimately enable the CO2 generated in the production of steel to be reduced by up to 95%.

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

Retrieved on: 
Tuesday, November 17, 2020

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: Noratis AG: Noratis AG with scheduled, profitable business development during the 1st half-year 2020

Retrieved on: 
Thursday, August 27, 2020

- Turnover of EUR 14.0m, consolidated net income EUR 1.6m

Key Points: 
  • - Turnover of EUR 14.0m, consolidated net income EUR 1.6m
    Eschborn, 27 August 2020 - Noratis AG (ISIN: DE000A2E4MK4, WKN: A2E4MK, "Noratis") has recorded a positive business development in line with its expectations during the 1st half-year 2020.
  • As a result, the real estate portfolio increased to 2,530 units as at the end of June 2020, versus 1,778 units a year ago.
  • On the one hand, Noratis has extended existing locations, mainly in the Rhine/Main region, the metropolitan region Hannover-Braunschweig-Gttingen-Wolfsburg and the Leipzig region.
  • Igor Christian Bugarski, CEO of Noratis AG: "We are very happy with the business development of the 1st half-year.

DGAP-News: Salzgitter AG: Salzgitter AG agrees feasibility study for the direct reduction of iron ore at Wilhelmshaven, Lower Saxony

Retrieved on: 
Wednesday, June 24, 2020

Salzgitter AG: Salzgitter AG agrees feasibility study for the direct reduction of iron ore at Wilhelmshaven, Lower Saxony

Key Points: 
  • Salzgitter AG: Salzgitter AG agrees feasibility study for the direct reduction of iron ore at Wilhelmshaven, Lower Saxony
    The issuer is solely responsible for the content of this announcement.
  • The study includes potentially building a DRI plant and developing the necessary infrastructure for supplying it with raw materials, natural gas and hydrogen.
  • If the findings of the feasibility study are successful, follow-up activities in the form of joint implementation of the project have been planned for.
  • Salzgitter AG: For more than 150 years, the companies of the Salzgitter Group have stood for the innovative and sustainable production of steel and technology products.

DGAP-News: Salzgitter AG: Focus on mitigating the impact of the Corona crisis; results of the first quarter largely unaffected

Retrieved on: 
Wednesday, May 13, 2020

Salzgitter AG: Focus on mitigating the impact of the Corona crisis; results of the first quarter largely unaffected

Key Points: 
  • Salzgitter AG: Focus on mitigating the impact of the Corona crisis; results of the first quarter largely unaffected
    The issuer is solely responsible for the content of this announcement.
  • - Preliminary outlook for 2020: negative pre-tax result in a significant, most likely triple-digit million euro range
    In the first quarter of 2020, the Salzgitter Group registered a pre-tax loss of -31.4 million.
  • The Trading Business Unit reported a result at breakeven, while the Technology Business Unit delivered another pre-tax profit.
  • Owing to the valuation effects from fluctuations in precious metal prices, the contribution of Aurubis AG, an investment included at equity, was negative.