Financial Oversight and Management Board for Puerto Rico

EQS-News: Vectron Systems AG: Vectron takes over acardo

Retrieved on: 
Sunday, January 22, 2023

Münster, December 30, 2022: Vectron Systems AG (Vectron), a leading provider of intelligent, digitized POS systems consisting of hardware, software and cloud services, with a focus on the food service and bakery industries, today acquired 100% of acardo group ag as well as 100% of acardo activation GmbH (together acardo).

Key Points: 
  • Münster, December 30, 2022: Vectron Systems AG (Vectron), a leading provider of intelligent, digitized POS systems consisting of hardware, software and cloud services, with a focus on the food service and bakery industries, today acquired 100% of acardo group ag as well as 100% of acardo activation GmbH (together acardo).
  • For example, 20 years ago the company introduced electronic coupon clearing in Germany for the first time and connected various checkout systems in the process.
  • Most recently, acardo has been able to benefit from the increasing digitization in the retail sector.
  • With Vectron, we have the best partner to quickly introduce our couponing solutions in these industries, which are new to us.

EQS-News: Ringmetall expands into the US market for inliners through acquisition of Protective Lining Corporation

Retrieved on: 
Sunday, January 22, 2023

In the course of an asset deal, the business operations of Protective Lining Corporation, based in New York, NY (USA), were acquired as of 6 January 2023.

Key Points: 
  • In the course of an asset deal, the business operations of Protective Lining Corporation, based in New York, NY (USA), were acquired as of 6 January 2023.
  • Nevertheless, Protective Lining has an optimal market positioning to further advance the expansion of the Ringmetall Group on the North American market.
  • "The opportunity for this acquisition arose against the background of an unresolved succession situation," confirms Christoph Petri, Spokesman of the Management Board of Ringmetall SE.
  • "Protective Lining has the ideal company size and market positioning for us to be able to grow quickly and profitably into the market for inliners in the USA via the acquisition and to drive the further consolidation of the market."

EQS-News: Noratis AG: Joachim von Bredow takes over as Chairman of the Supervisory Board

Retrieved on: 
Sunday, January 22, 2023

The supervisory board of the Eschborn-based portfolio developer Noratis AG will change its chairman as of 1 January 2023: the current supervisory board member Joachim von Bredow has been elected as the new chairman.

Key Points: 
  • The supervisory board of the Eschborn-based portfolio developer Noratis AG will change its chairman as of 1 January 2023: the current supervisory board member Joachim von Bredow has been elected as the new chairman.
  • As successor to Dr. Henning Schröer in this function, von Bredow now also takes over as Chairman of the Supervisory Board of Noratis AG.
  • Other members of the Supervisory Board in addition to Dr Schröer are Michael Nick, Christoph Scholl and Dr Florian Stetter, who acts as Vice-Chairman of the Supervisory Board.
  • Together with my colleagues on the Supervisory Board, we will continue to support the Management Board with our know-how in the successful development of the company," says Joachim von Bredow.

EQS-News: Petra Stappenbeck becomes Chief Financial Officer of Intershop Communications AG

Retrieved on: 
Sunday, January 22, 2023

Jena, Germany, December 22, 2022 – Intershop Communications AG, global provider of B2B commerce solutions for the upper mid-market in the manufacturing and wholesale sectors, is expanding its Management Board with Petra Stappenbeck.

Key Points: 
  • Jena, Germany, December 22, 2022 – Intershop Communications AG, global provider of B2B commerce solutions for the upper mid-market in the manufacturing and wholesale sectors, is expanding its Management Board with Petra Stappenbeck.
  • She will assume the function of Chief Financial Officer.
  • As Chief Financial Officer, Petra Stappenbeck is responsible for the Finance and Controlling, Human Resources, Legal and other administrative functions.
  • Frank Fischer, Chairman of the Supervisory Board of Intershop Communications AG: “Petra Stappenbeck has been instrumental in ensuring that Intershop continues to enjoy a solid financial position in a challenging environment over the past few years, most recently as a member of the Executive Management Team.

EQS-News: ProCredit Holding AG & Co. KGaA: Christian Dagrosa appointed to the Management Board of ProCredit General Partner AG

Retrieved on: 
Sunday, January 22, 2023

EQS-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • EQS-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: Christian Dagrosa appointed to the Management Board of ProCredit General Partner AG
    The issuer is solely responsible for the content of this announcement.
  • Frankfurt am Main, 02 January 2023 – The Supervisory Board of ProCredit General Partner AG, the general partner of ProCredit Holding AG & Co. KGaA, has appointed Christian Dagrosa as a new member of the Management Board as of 1 January 2023.
  • Prior to this, Dr Gabriel Schor was Managing Director of Internationale Projekt Consult GmbH (IPC), one of the founding shareholders of ProCredit Holding.
  • In his new function as Chief Financial Officer (CFO) of ProCredit Holding, Christian Dagrosa will be responsible in particular for Finance and Investor Relations.

EQS-News: Deutsche Konsum REIT-AG closes financial year 2021/2022 with stable development

Retrieved on: 
Sunday, January 22, 2023

The Company's rental income increased by 7% in the 2021/2022 financial year compared to the previous year, from EUR 69.7 million to EUR 74.4 million.

Key Points: 
  • The Company's rental income increased by 7% in the 2021/2022 financial year compared to the previous year, from EUR 69.7 million to EUR 74.4 million.
  • The increase in rents was counteracted by the rent disposals of the properties sold in the financial year.
  • FFO forecast for the 2022/2023 financial year again between EUR 40 million and EUR 44 million.
  • Rolf Elgeti, CEO of Deutsche Konsum REIT-AG:
    "Despite the difficult overall environment, DKR's defensive business model again proved to be very robust in the past financial year 2021/2022.

EQS-News: CEWE Stiftung & Co. KGaA:

Retrieved on: 
Sunday, January 22, 2023

The Management Board of the Neumüller CEWE COLOR Stiftung is therefore obliged to inform the competent state foundation authority of the Office for Regional Development Weser-Ems.

Key Points: 
  • The Management Board of the Neumüller CEWE COLOR Stiftung is therefore obliged to inform the competent state foundation authority of the Office for Regional Development Weser-Ems.
  • The Board of Management asks this authority to ensure that the Board of Trustees of the Neumüller CEWE COLOR Stiftung is again properly staffed and thus remains capable of acting.
  • Nevertheless, the Management Board has the obligation to enforce the rules – be it company statutes or the law – at CEWE.
  • As general partner, the Neumüller CEWE COLOR Stiftung manages the business of the listed CEWE Stiftung & Co. KGaA.

CREALOGIX names Christophe Biollaz as its new Chief Financial Officer

Retrieved on: 
Sunday, January 22, 2023

Christophe Biollaz takes on the role of Chief Financial Officer of CREALOGIX and becomes a member of the Management Board.

Key Points: 
  • Christophe Biollaz takes on the role of Chief Financial Officer of CREALOGIX and becomes a member of the Management Board.
  • Christophe Biollaz (54) starts on 1 February 2023 and will be appointed as Chief Financial Officer after the publication of the half-year report on 14 March 2023.
  • As an experienced financial specialist, Christophe Biollaz brings outstanding expertise in the areas of Corporate Finance, Mergers & Acquisitions and Global Corporate Management.
  • Oliver Weber, CEO CREALOGIX: “I am delighted to be able to welcome Christophe Biollaz, an internationally experienced and highly communicative personality, to take on the financial control of CREALOGIX.

EQS-News: ProCredit Group joins the Net-Zero Banking Alliance and commits to set near- and long-term emissions reductions with the Science Based Target initiative (SBTi) Net-Zero Standard

Retrieved on: 
Sunday, January 22, 2023

This industry-led, UN-convened alliance of banks worldwide is committed to aligning their lending and investment portfolios with net-zero emissions by 2050 or sooner.

Key Points: 
  • This industry-led, UN-convened alliance of banks worldwide is committed to aligning their lending and investment portfolios with net-zero emissions by 2050 or sooner.
  • This is in accordance with the most ambitious targets set in the Paris Climate Agreement.
  • Furthermore, the ProCredit group has committed to set its future near- and long-term emissions reductions in accordance with the Science Based Targets initiative (SBTi) Net-Zero Standard, as part of the Business Ambition for 1.5°C and UNFCCC Race to Zero campaign.
  • Therefore, we consider the Net-Zero Banking Alliance and the Science Based Targets initiative key counterparts to reaching this goal,” explains Hubert Spechtenhauser, Chair of the Management Board of ProCredit Holding.

EQS-News: Chief Financial Officer Sung Lee to Leave MorphoSys in March 2023

Retrieved on: 
Sunday, January 22, 2023

MorphoSys AG (FSE: MOR; NASDAQ: MOR) announced today that Sung Lee, the company’s Chief Financial Officer (CFO) and Management Board member, has decided to leave MorphoSys to move back to California for personal reasons.

Key Points: 
  • MorphoSys AG (FSE: MOR; NASDAQ: MOR) announced today that Sung Lee, the company’s Chief Financial Officer (CFO) and Management Board member, has decided to leave MorphoSys to move back to California for personal reasons.
  • “On behalf of the entire Supervisory Board, I want to thank Sung for his contributions to the success of MorphoSys.
  • He also established trusted relationships with our investors, the Executive Committee and Supervisory Board,” said Jean-Paul Kress, M.D., Chief Executive Officer of MorphoSys.
  • “It’s been a pleasure to work with Sung and the entire MorphoSys team wishes him well.”
    “The last two years have been an exciting time at MorphoSys as we have sharpened the company’s strategy and accelerated our ambition to become a leader in hematology-oncology,” said Sung Lee, Chief Financial Officer of MorphoSys.