Federal republic

EQS-News: Schaeffler and Vitesco enter into merger agreement

Retrieved on: 
Wednesday, April 10, 2024

Herzogenaurach |March 13, 2024 | Schaeffler and Vitesco today entered into a merger agreement, following the approval of their respective Supervisory Boards.

Key Points: 
  • Herzogenaurach |March 13, 2024 | Schaeffler and Vitesco today entered into a merger agreement, following the approval of their respective Supervisory Boards.
  • The agreement sets out the legally binding terms and conditions for the merger of Vitesco Technologies Group AG (“Vitesco”) into Schaeffler AG (“Schaeffler”).
  • Thus, Vitesco shareholders will receive 11.4 Schaeffler shares in exchange for one Vitesco share.
  • Klaus Rosenfeld, CEO of Schaeffler AG, said: “The signing of the merger agreement marks another important milestone in the implementation of the transaction.

EQS-News: secunet Security Networks AG: Audited annual financial statements and annual report for 2023 and forecast for 2024

Retrieved on: 
Wednesday, April 10, 2024

[Essen / Germany, 22 March 2024] secunet Security Networks AG (ISIN DE0007276503, WKN 727650), Germany's leading cybersecurity company and IT security partner of the Federal Republic of Germany, today published its audited annual financial statements and annual report for 2023 as well as its forecast for 2024.

Key Points: 
  • [Essen / Germany, 22 March 2024] secunet Security Networks AG (ISIN DE0007276503, WKN 727650), Germany's leading cybersecurity company and IT security partner of the Federal Republic of Germany, today published its audited annual financial statements and annual report for 2023 as well as its forecast for 2024.
  • secunet Group's earnings before interest and taxes (EBIT) amounted to 43.0 million euros in the 2023 financial year (previous year: 47.0 million euros).
  • In the 2023 financial year, secunet Group generated consolidated net income for the period of 29.0 million euros (previous year: 31.3 million euros).
  • The net income of secunet Security Networks AG under German commercial law amounted to 30.5 million euros (previous year: 36.9 million euros).

EQS-News: ELARIS AG with successful stock market debut in the m:access of the Munich Stock Exchange

Retrieved on: 
Wednesday, April 10, 2024

The securities prospectus alone contains the information for investors required by law.

Key Points: 
  • The securities prospectus alone contains the information for investors required by law.
  • It should be noted that approval of the prospectus by BaFin should not be understood as an endorsement of the securities concerned.
  • Forward-looking statements are based on current assumptions and estimates that are made by the company to the best of its knowledge.
  • 14.03.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.

EQS-News: hep solar projects GmbH: 8% Green Bond 2023/2028 with a volume of EUR 16.8 million tradable on “Freiverkehr” of Frankfurt Stock Exchange

Retrieved on: 
Wednesday, April 10, 2024

This publication is neither an offer to sell nor a solicitation of an offer to buy securities.

Key Points: 
  • This publication is neither an offer to sell nor a solicitation of an offer to buy securities.
  • Outside the Federal Republic of Germany, the Grand Duchy of Luxembourg and the Republic of Austria, no public offer is being made.
  • These statements are based on the current views, expectations, assumptions and information of the management of hep solar projects GmbH.
  • Forward-looking statements should not be construed as a promise of future results and developments and involve known and unknown risks and uncertainties.

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).

National Geographic Magazine Showcases NanoString’s Spatial Biology Technology to Examine Cell Death in Alzheimer’s Disease

Retrieved on: 
Wednesday, March 27, 2024

When blue, magenta, and green all appear in a cell, especially a large cell, that's evidence it is a zombie cell.

Key Points: 
  • When blue, magenta, and green all appear in a cell, especially a large cell, that's evidence it is a zombie cell.
  • (Graphic: NanoString)
    A special-interest magazine from National Geographic called Anti-Inflammation, available on newsstands this week, spotlights the role of inflammation on health and disease.
  • NanoString Technologies, a leader in spatial biology, offers an ecosystem of innovative discovery and translational research solutions, empowering our customers to map the universe of biology.
  • The AtoMx™ Spatial Informatics Platform is a cloud-based informatics solution with advanced analytics and global collaboration capabilities, enabling powerful spatial biology insights anytime, anywhere.

InterCure Congratulates Germany on Cannabis Reform, Expanding its Global Footprint

Retrieved on: 
Friday, March 22, 2024

On the backdrop of this monumental development, InterCure expects to launch a series of products in Germany in the coming months.

Key Points: 
  • On the backdrop of this monumental development, InterCure expects to launch a series of products in Germany in the coming months.
  • While the Cannabis Act deals with all types of cannabis, it is poised to have a uniquely significant impact on the medical cannabis sector.
  • This sets the stage for expected significant expansion of the medical cannabis market in Germany.
  • As a leader in pharmaceutical Cannabis, we are closely watching these developments including the potential rescheduling of Cannabis in the United States, and plan to advance our global footprint, expecting to launch our products in Germany in the coming months.

ADS-TEC Energy Announces New Board Appointment

Retrieved on: 
Thursday, March 14, 2024

ADS-TEC Energy plc (“ADS-TEC Energy”, “Company”, “we”, “our” or “us”) (NASDAQ: ADSE), a global leader in battery-buffered, ultra-fast charging technology, is very pleased to announce the appointment of Dr. Andreas Fabritius to its Board of Directors.

Key Points: 
  • ADS-TEC Energy plc (“ADS-TEC Energy”, “Company”, “we”, “our” or “us”) (NASDAQ: ADSE), a global leader in battery-buffered, ultra-fast charging technology, is very pleased to announce the appointment of Dr. Andreas Fabritius to its Board of Directors.
  • “We are delighted to announce that Dr. Andreas Fabritius has joined our Board of Directors,” stated Dr. Kurt Lauk, Chairman of the Board of Directors.
  • His extensive international experience and high professional standing compliments our Board in the best possible way.”
    “I am delighted to join the Board of Directors of ADS-TEC Energy.
  • Based on more than ten years of experience with lithium-ion technologies, ADS-TEC Energy develops and manufactures battery storage solutions and fast charging systems including their energy management systems.

2022 Marked a Record for German R&D Investments

Retrieved on: 
Tuesday, March 19, 2024

According to the Federal Statistical Office, the amount of money devoted to R&D rose by seven percent in 2022, reaching an all-time high.

Key Points: 
  • According to the Federal Statistical Office, the amount of money devoted to R&D rose by seven percent in 2022, reaching an all-time high.
  • Germany has exceeded the EU guideline of three percent for R&D investments for the past six years in a row.
  • It's a central element in Germany's drive to be one of the leading locations for investments in high tech."
  • GTAI supports German companies setting up in foreign markets, promotes Germany as a business location and assists foreign companies setting up shop in Germany.

Germany Now on Course to Reach CO2 Goals

Retrieved on: 
Friday, March 15, 2024

BERLIN, March 15, 2024 /PRNewswire/ -- Ten percent – that was the annual decrease in German CO2 output last year, according to the Federal Environmental Agency (Umweltbundesamt). Germany emitted 673 million tons of greenhouse gasses in 2023, 76 million million tons fewer than the previous year.

Key Points: 
  • Germany emitted 673 million tons of greenhouse gasses in 2023, 76 million million tons fewer than the previous year.
  • "If we stay that course, we'll reach our 2030 climate goals."
  • Germany Trade & Invest (GTAI) is the economic promotion agency of the Federal Republic of Germany.
  • GTAI supports German companies setting up in foreign markets, promotes Germany as a business location and assists foreign companies setting up shop in Germany.