Cabinet of Germany

Curaleaf International Comments As German Federal Cannabis Law Passes Without Delay

Retrieved on:

Friday, March 22, 2024

Today, it has been announced that the German Federal Government's cannabis law, also known as Pillar 1, has successfully progressed without delay.

Key Points:

Today, it has been announced that the German Federal Government's cannabis law, also known as Pillar 1, has successfully progressed without delay.
Juan Martinez, Head of Curaleaf International, a leading cannabis company in Europe, commented:
"The successful passage of the Cannabis Act represents a significant milestone in our journey towards destigmatisation and decriminalisation of cannabis for both patients and consumers.
As a company deeply invested in the European cannabis landscape, we are excited about the opportunities this legislation brings.
Our full seed-to-sale process allows us first mover advantage to meet the anticipated demand from a thriving, regulated, and safe cannabis industry.

Guidehouse Selected by International Climate Initiative to Support Future Energy Systems in MENA Region

Retrieved on:

Monday, March 18, 2024

Integration, Policy, Wind, Veritas Capital, Cabinet of Germany, IKI, Public sector, Islamic Development Bank, Renewable energy

WASHINGTON, March 18, 2024 /PRNewswire/ -- Guidehouse, a leading global provider of consulting, digital, and managed services to commercial and public sector clients, has announced that it was selected by the German Federal Government's International Climate Initiative to implement its largescale MENALINKS program on smart grids and renewables integration in the MENA region.

Key Points:

Germany's International Climate Initiative (IKI) selected a consortium led by Guidehouse to support program partner countries Egypt, Jordan, Morocco, Tunisia, and Türkiye in facilitating the integration of renewables such as solar and wind through a range of smart grid and sector coupling solutions in the MENALINKS program.
"MENALINKS marks a new scale, and frankly, a new era of our engagement as Guidehouse with the International Climate Initiative," said Daniel Becker, partner at Guidehouse.
In the six-year MENALINKS program, Guidehouse will lead a consortium with international and regional partners Fraunhofer, Elia Grid International, RENAC, the Islamic Development Bank, RCREEE, and local partners in each country.
Guidehouse builds upon more than 20 years of experience in the implementation of large-scale international programs on sustainable energy systems in the MENA region and pairs deep inhouse technical expertise with excellence and staff power for the management of complex large-scale programs.

Green Hydrogen Close to a Breakthrough

Retrieved on:

Thursday, April 14, 2022

Oil, Gas, Alternative Energy, Energy, Environment, Utilities, Hydrogen, CEO, Exhibition, Cabinet of Germany, Electrolysis, Messe, German Council of Economic Experts, Jorgo Chatzimarkakis, Council, Renewable energy

Green hydrogen is a key element on the way to decarbonizing industry, transport and energy supply and is close to a market breakthrough.

Key Points:

Green hydrogen is a key element on the way to decarbonizing industry, transport and energy supply and is close to a market breakthrough.
At the second Green Hydrogen Forum as part of Europes largest platform of the energy industry The smarter E Europe, everything will revolve around green hydrogen from May 11 to 13, 2022 at Messe Mnchen.
In the kick-off session on May 11, Jorgo Chatzimarkakis, CEO of the European trade association Hydrogen Europe, will speak on the role of hydrogen as an accelerator of resilience in the European energy system.
In the associated exhibition area , companies will be presenting products and services related to hydrogen, fuel cells, electrolysis and power-to-gas.

DGAP-News: Vectron Systems AG: Vectron publishes target figures for the current business year 2022

Retrieved on:

Tuesday, March 1, 2022

Saskatchewan River Sturgeon Management Board, Vectron, POS, EUR, COVID-19, Cabinet of Germany, Growth, GAAP, Solution, CEO, EBITDA, IFRS, Software, Film

Mnster, March 1st, 2022: Vectron Systems AG (Vectron), a leading supplier of intelligent, digitalised POS systems consisting of hardware, software and cloud services, with a focus on hospitality and bakery sectors, publishes the planning for the current business year 2022.

Key Points:

Mnster, March 1st, 2022: Vectron Systems AG (Vectron), a leading supplier of intelligent, digitalised POS systems consisting of hardware, software and cloud services, with a focus on hospitality and bakery sectors, publishes the planning for the current business year 2022.
Against this background, the Management Board of Vectron Systems AG has now set the planning for the current business year.
Despite negative Corona-related effects in Q1 and the simultaneously expiring fiscalisation-effects, Vectron expects continued strong growth in recurring revenues from digital services.
Here, sales according to IFRS are expected to increase from EUR 6.5 million in 2021 to EUR 9.8 million in 2022.

InflaRx Awarded up to EUR 43.7 Million (~USD 50.7 Million) Grant by German Government to Advance the Development of Vilobelimab for Treatment of Severe COVID-19

Retrieved on:

Tuesday, October 19, 2021

The grant was awarded as part of a government initiative, which the German Federal Government announced earlier this year, to accelerate the development of promising therapeutic options for the treatment of COVID-19 in patients at all stages of disease.

Key Points:

The grant was awarded as part of a government initiative, which the German Federal Government announced earlier this year, to accelerate the development of promising therapeutic options for the treatment of COVID-19 in patients at all stages of disease.
We are pleased to receive this significant grant from the German Federal Government, which has recognized the need to invest in the late-stage development of new and promising therapies to treat patients with COVID-19.
The purpose of the grant is to advance clinical development activities in COVID-19 and to secure manufacturing capacity for vilobelimab in Germany.
The initial tranche amounts to EUR 25.8 million (approximately USD 29.9 million) and is structured as reimbursement of 80% of certain pre-specified expenses related to the clinical development and manufacturing of vilobelimab.

DGAP-News: GRENKE AG: GRENKE AG: New leasing business in the third quarter adversely affected by supply bottlenecks; increased momentum expected in the fourth quarter; guidance for 2021 adjusted

Retrieved on:

Monday, October 4, 2021

GRENKE AG: GRENKE AG: New leasing business in the third quarter adversely affected by supply bottlenecks; increased momentum expected in the fourth quarter; guidance for 2021 adjusted

Key Points:

GRENKE AG: GRENKE AG: New leasing business in the third quarter adversely affected by supply bottlenecks; increased momentum expected in the fourth quarter; guidance for 2021 adjusted
The issuer is solely responsible for the content of this announcement.
Global supply bottlenecks, specifically at manufacturers of computer and office equipment, were the cause of the weaker year-on-year new leasing business.
The contribution margin 2 declined slightly in the third quarter due to refinancing costs and amounted to 17.1% (Q3 2020: 18.4%).
The forecast for net profit in the current financial year remains unchanged at EUR 60 million to EUR 80 million.