Federalism

EQS-News: Salzgitter AG: Diversification paying off – satisfactory result despite increasingly difficult market environment

Retrieved on: 
Wednesday, April 10, 2024

Consolidated external sales decreased to € 10.8 billion, due above all to the downtrend in average revenue for steel products.

Key Points: 
  • Consolidated external sales decreased to € 10.8 billion, due above all to the downtrend in average revenue for steel products.
  • Business development in the first quarter of 2024 continued to be impacted by the adverse circumstances in the second half of 2023.
  • As a result, EBITDA contracted to € 677.0 million (2022: € 1,618.2 million) and earnings before taxes to € 238.4 million (2022: € 1,245.4 million).
  • The result includes a contribution of € 40.0 million from Aurubis AG (2022: € 156.3 million), an investment included at equity (IFRS accounting).

Supreme Court skeptical that Colorado − or any state − should decide for whole nation whether Trump is eligible for presidency

Retrieved on: 
Thursday, February 8, 2024

Colorado’s highest court relied on the provision in a December 2023 ruling that the state could bar former President Donald Trump from the state’s primary ballot because they determined he committed insurrection.

Key Points: 
  • Colorado’s highest court relied on the provision in a December 2023 ruling that the state could bar former President Donald Trump from the state’s primary ballot because they determined he committed insurrection.
  • “Why should a single state have the ability to make this determination, not only for their own citizens, but for the rest of the nation?” asked liberal Justice Elena Kagan on Feb. 8.
  • The Conversation’s senior politics and democracy editor, Naomi Schalit, spoke with Notre Dame election law scholar Derek Muller after the oral arguments.
  • The Supreme Court was very skeptical that, as an institution, it should be the one responsible for deciding this deeply contested question, and it seemed skeptical that the state of Colorado could do this on its own without some congressional guidance or authorization.
  • The justices did not appear to be divided and partisan in their discussion of the case.
  • On the whole, they seemed inclined to reverse the Colorado Supreme Court.
  • And Colorado was leaning very heavily into this authority they have over which candidates to list on the ballot and how that can vary from state to state.
  • Federalism is a way of thinking about the proper allocation of authority between the federal government and state governments.
  • But in other places the federal government has the final say, or the federal government is the one with the authority to make these determinations.
  • And when it came to Section 3 of the 14th Amendment, when you have these messy, contested disputes, should this happen on a state-by-state basis?
  • The court seemed inclined to think that this is something better left to Congress, rather than states unilaterally interpreting Section 3 on their own.
  • So a decision in the direction the court appears to be going in has the virtue of allowing the political process to play out.


I filed an amicus curiae brief in support of neither party in this case.

EQS-News: Salzgitter Aktiengesellschaft: Salzgitter AG with successful first half year 2023

Retrieved on: 
Friday, August 11, 2023

In particular, the Steel Processing and Steel Production business units, along with the Technology Business Unit, contributed to this result.

Key Points: 
  • In particular, the Steel Processing and Steel Production business units, along with the Technology Business Unit, contributed to this result.
  • This documents the continued very robust balance sheet and strong financial position of Salzgitter AG.
  • As Gunnar Groebler, Salzgitter AG’s Chief Executive Officer, comments:
    “Despite the deterioration in the economic environment, the Salzgitter Group delivered a gratifying half-year result.
  • I am also particularly pleased with the very first evaluation of Salzgitter AG by rating agency EcoVadis that was successfully concluded in June.

EQS-News: RHÖN-KLINIKUM Aktiengesellschaft: RHÖN-KLINIKUM AG publishes result for first half of 2023 – outlook confirmed

Retrieved on: 
Thursday, August 10, 2023

RHÖN-KLINIKUM AG closed the first half of 2023 with a 2.4 per cent increase in revenues to 728.2 million euros (2022: 711.2 million euros).

Key Points: 
  • RHÖN-KLINIKUM AG closed the first half of 2023 with a 2.4 per cent increase in revenues to 728.2 million euros (2022: 711.2 million euros).
  • At 45.2 million euros, EBITDA fell short of the previous year’s level (2022: 52.8 million euros).
  • Taking account of depreciation/amortisation, financing costs and taxes,
    EBITDA results in a consolidated profit of 12.2 million euros (2022: 12.8 million euros).
  • Full results are published in the Half-Year Report at:
    RHÖN-KLINIKUM AG is one of the largest healthcare providers in Germany.

EQS-News: RHÖN-KLINIKUM AG looks back on successful Q1 2023

Retrieved on: 
Thursday, May 11, 2023

RHÖN-KLINIKUM AG, one of the largest healthcare providers in Germany, has made a good start into the new financial year.

Key Points: 
  • RHÖN-KLINIKUM AG, one of the largest healthcare providers in Germany, has made a good start into the new financial year.
  • In the first three months of financial year 2023, the Group of RHÖN-KLINIKUM AG recorded revenues of 361.5 million euros after 347.3 million euros in the same period of the previous year.
  • From January to March we treated 228,189 patients, 6.5 per cent more than in the same period last year (previous year Q1 2022: 214,321).
  • www.rhoen-klinikum-ag.com
    RHÖN-KLINIKUM AG | Schlossplatz 1 | D-97616 Bad Neustadt a. d. Saale
    11.05.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.

Boeing Expands Partnership with Invictus Games to Support Wounded Veterans

Retrieved on: 
Wednesday, April 19, 2023

is expanding its support of the Invictus Games and the wounded servicemen and women from around the world who compete and inspire.

Key Points: 
  • is expanding its support of the Invictus Games and the wounded servicemen and women from around the world who compete and inspire.
  • "The Invictus Games makes a decisive contribution to the rehabilitation of wounded, injured and sick service personnel and veterans," said Brigadier General Alfred Marstaller, project director of the Invictus Games Düsseldorf 2023.
  • The expanded partnership builds on a multi-year agreement with the Invictus Games Foundation and the company's sponsorship of Invictus Games Sydney 2018 and Invictus Games The Hague 2020.
  • Today's announcement builds on Boeing's past sponsorship of the Invictus Games Sydney 2018 and the Invictus Games The Hague 2020, each time with greater and deeper support," said Invictus Games Foundation CEO Dominic Reid OBE.

EQS-News: Energiekontor AG: Energiekontor sells solar park with a generation capacity of some 19 MWp in Brandenburg to CEE Group

Retrieved on: 
Thursday, February 2, 2023

Bremen/Hamburg, 16 January 2023 – SDAX-listed Energiekontor AG (ISIN DE0005313506), one of Germany's leading project developers and operators of wind and solar farms, has successfully sold a solar park project with a generation capacity of some 19 MWp to the CEE Group, a Hamburg-based asset manager specializing in investments in renewable energies.

Key Points: 
  • Bremen/Hamburg, 16 January 2023 – SDAX-listed Energiekontor AG (ISIN DE0005313506), one of Germany's leading project developers and operators of wind and solar farms, has successfully sold a solar park project with a generation capacity of some 19 MWp to the CEE Group, a Hamburg-based asset manager specializing in investments in renewable energies.
  • For roughly one-fourth of the solar park there is a guaranteed renumeration based on the German feed-in-tariff (EEG) for a duration of 20 years.
  • "The purchase of the solar park marks the third transaction with Energiekontor, which we highly value as a reliable project partner," explains Detlef Schreiber, CEO of the CEE Group.
  • The new solar park in Karstädt will be equipped with solar modules from the manufacturer Trina.

Meaghan O'Brien Joins Stateside Associates as Director of State Issues

Retrieved on: 
Tuesday, November 15, 2022

ARLINGTON, Va., Nov. 15, 2022 /PRNewswire/ -- Stateside Associates, the largest state and local government affairs firm, is excited to announce Meaghan O'Brien is joining the firm as Director of State Issues, a newly created role.

Key Points: 
  • ARLINGTON, Va., Nov. 15, 2022 /PRNewswire/ -- Stateside Associates, the largest state and local government affairs firm, is excited to announce Meaghan O'Brien is joining the firm as Director of State Issues, a newly created role.
  • "Meaghan is a dynamic professional that will undoubtedly complement all that we are doing here at Stateside," said Johnathan Lozier, Senior Vice President & Principal.
  • Stateside Associates' employees and partners include experienced issue managers, former state legislative staff members, and regulatory attorneys.
  • In 2022, Stateside Associates launched two new service offerings, Infrastructure Funding Consulting & Reporting and Health Care Policy Reporting & Implementation .

EQS-News: Salzgitter Aktiengesellschaft: Salzgitter Group delivers a pre-tax profit in excess of € 1 billion in the first nine months of 2022

Retrieved on: 
Friday, November 11, 2022

Construction work on the project has commenced, and the first orders have been placed for the equipment and facilities.

Key Points: 
  • Construction work on the project has commenced, and the first orders have been placed for the equipment and facilities.
  • As Gunnar Groebler, Salzgitter AGs Chief Executive Officer, comments: The summer of 2022 stood under the slogan of Green light for green steel.
  • We continue to adhere to our sales and earnings guidance for the financial year 2022.
  • Against the backdrop of numerous uncertainties, a first look at the new financial year is subdued, but not pessimistic.

EQS-News: RHÖN-KLINIKUM AG closes first nine months of 2022 with revenue surplus

Retrieved on: 
Friday, November 11, 2022

Revenues of RHN-KLINIKUM AG increased by 3.6 percent to 1,067.3 million Euros compared with the same period of last year.

Key Points: 
  • Revenues of RHN-KLINIKUM AG increased by 3.6 percent to 1,067.3 million Euros compared with the same period of last year.
  • The COVID19 pandemic resulted and continues to result in bottlenecks in services provided by hospitals, putting a corresponding burden on employees.
  • The ongoing war in Ukraine has disrupted supply chains and led, among other things, to a general rise in prices.
  • www.rhoen-klinikum-ag.com
    RHN-KLINIKUM AG | Group Head of Accounting, Tax, Controlling, Finance & Investor Relations
    RHN-KLINIKUM AG | Schlossplatz 1 | D-97616 Bad Neustadt a. d. Saale
    10.11.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.