Economy of Germany

Automotive Camera Market Worth $12.2 Billion by 2025 - Exclusive Report by MarketsandMarkets™

Friday, July 10, 2020 - 10:30am

The park assist segment is estimated to be the largest segment of the Automotive Camera Market.

Key Points: 
  • The park assist segment is estimated to be the largest segment of the Automotive Camera Market.
  • Passenger Car segment is estimated to be the fastest growing market, by vehicle type, from 2020 to 2025
    The passenger car segment makes a major contribution to the Automotive Camera Market.
  • This, in turn, is expected to drive the growth of the Automotive Camera Market in the region.
  • The Automotive Camera Market is dominated by globally established players such as Continental (Germany), Robert Bosch (Germany), Valeo (France), Aptiv (Ireland), and Magna (Canada).

Automotive Camera Market Worth $12.2 Billion by 2025 - Exclusive Report by MarketsandMarkets™

Friday, July 10, 2020 - 10:30am

The park assist segment is estimated to be the largest segment of the Automotive Camera Market.

Key Points: 
  • The park assist segment is estimated to be the largest segment of the Automotive Camera Market.
  • Passenger Car segment is estimated to be the fastest growing market, by vehicle type, from 2020 to 2025
    The passenger car segment makes a major contribution to the Automotive Camera Market.
  • This, in turn, is expected to drive the growth of the Automotive Camera Market in the region.
  • The Automotive Camera Market is dominated by globally established players such as Continental (Germany), Robert Bosch (Germany), Valeo (France), Aptiv (Ireland), and Magna (Canada).

Global Automotive Axle Market Outlook (2018 to 2027) - Featuring Meritor, GNA Group & Daimler Among Others

Wednesday, July 8, 2020 - 3:30pm

DUBLIN, July 8, 2020 /PRNewswire/ -- The "Automotive Axle - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, July 8, 2020 /PRNewswire/ -- The "Automotive Axle - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.
  • The Global Automotive Axle market accounted for $58.54 billion in 2018 and is expected to reach $77.05 billion by 2027 growing at a CAGR of 3.1% during the forecast period.
  • Some of the key factors propelling the market growth are increasing acceptance of electric vehicles and increasing demand for automotives.
  • Some of the key players in Automotive Axle Market include Dana Incorporated, American Axle & Manufacturing Inc, Meritor Inc, GNA Group, Daimler AG, Melrose Industries PLC, Talbros Engineering Limited, and ZF Friedrichshafen AG.

TUI AG: Sale of Hapag-Lloyd Cruises to TUI Cruises completed

Wednesday, July 8, 2020 - 6:07pm

Hanover/Hamburg, 8 July 2020: The TUI Group has successfully completed the sale of its subsidiary Hapag-Lloyd Cruises to TUI Cruises.

Key Points: 
  • Hanover/Hamburg, 8 July 2020: The TUI Group has successfully completed the sale of its subsidiary Hapag-Lloyd Cruises to TUI Cruises.
  • Hamburg-based TUI Cruises is a joint venture between TUI and Royal Caribbean Group.
  • The joint venture TUI Cruises, which has developed very successfully since 2008, will thus be expanded as planned.
  • In its new set-up, the Hapag-Lloyd Cruises brand will remain the leading provider of luxury and expedition cruises in German-speaking markets.

DGAP-News: Fresenius Medical Care AG & Co. KGaA: Fresenius Medical Care holds virtual General Meeting on August 27, 2020 - dividend proposal unchanged

Wednesday, July 8, 2020 - 6:06pm

DGAP-News: Fresenius Medical Care AG & Co. KGaA / Key word(s): AGM/EGM

Key Points: 
  • DGAP-News: Fresenius Medical Care AG & Co. KGaA / Key word(s): AGM/EGM
    Fresenius Medical Care AG & Co. KGaA: Fresenius Medical Care holds virtual General Meeting on August 27, 2020 - dividend proposal unchanged
    The issuer is solely responsible for the content of this announcement.
  • Fresenius Medical Care, the world's leading provider of dialysis products and services, will hold its Annual General Meeting (AGM) on August 27, 2020 as a virtual event.
  • The proposed dividend by the General Partner and the Supervisory Board remains unchanged at 1.20 per share entitled to dividend.
  • Fresenius Medical Care AG & Co. KGaA does not undertake any responsibility to update the forward-looking statements in this release.

TUI AG: Directorate change

Wednesday, July 8, 2020 - 6:06pm

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • According to LR 9.6.11 and LR 9.6.13, TUI AG (the "Company") announces the following director changes with immediate effect:
    1.Ortwin Strubelt resigned from the Company's Supervisory Board as an employee representative, as the requirements of the German Co-Determination Act (Mitbestimmungsgesetz) are no longer met by him.
  • 2.The Company will file a request for the appointment of Stefan Heinemann as a new employee representative and member of its Supervisory Board to the Local Court Hanover (Amtsgericht Hannover) as of today.
  • No further details remain to be disclosed under LR 9.6.13.

SIMON Introduces Allianz Life as Newest Carrier to Join InsurTech Platform’s Marketplace

Wednesday, July 8, 2020 - 12:30pm

Corey Walther, President of Allianz Life Financial Services, commented: Allianz Life is committed to helping advisors better serve their clients so they are able to attain their retirement goals.

Key Points: 
  • Corey Walther, President of Allianz Life Financial Services, commented: Allianz Life is committed to helping advisors better serve their clients so they are able to attain their retirement goals.
  • Jason Broder, CEO of SIMON, added: SIMON is proud that industry leaders like Allianz Life recognize the value our platform delivers.
  • Allianz Life is a proud sponsor of Allianz Field in St. Paul, Minnesota, home of Major League Soccers Minnesota United.
  • Only Allianz Life Insurance Company of New York is authorized to offer annuities and life insurance in the state of New York.

Numab Therapeutics and Boehringer Ingelheim Enter into Collaboration to Develop Multi-specific Antibody Therapeutics for Cancer and Retinal Diseases

Tuesday, July 7, 2020 - 1:00pm

Boehringer Ingelheim and Numab Therapeutics (Numab) today announced that they have entered into a research collaboration and worldwide licensing agreement.

Key Points: 
  • Boehringer Ingelheim and Numab Therapeutics (Numab) today announced that they have entered into a research collaboration and worldwide licensing agreement.
  • The collaboration brings together Boehringer Ingelheims leading expertise in the research and development of life changing breakthrough therapies with Numabs multi-specific antibody platform.
  • Lung and GI cancers and retinal diseases are key focus areas of Boehringer Ingelheims research and development program.
  • In retinal diseases Boehringer Ingelheim is pursuing a holistic approach leveraging existing expertise in oncology, inflammation, neurodegeneration, fibrosis and cardiometabolic diseases.

DGAP-News: Manz AG receives further order from leading battery manufacturer

Tuesday, July 7, 2020 - 7:02am

Reutlingen, July 7, 2020 - Manz AG, a global high-tech engineering company with an extensive technology portfolio, is expanding its successful partnership with one of the world's leading battery manufacturers in the Energy Storage segment with a further major order in the mid double-digit million euro range.

Key Points: 
  • Reutlingen, July 7, 2020 - Manz AG, a global high-tech engineering company with an extensive technology portfolio, is expanding its successful partnership with one of the world's leading battery manufacturers in the Energy Storage segment with a further major order in the mid double-digit million euro range.
  • As part of the new order, additional production lines will be installed at the customer's site and existing ones will be upgraded.
  • Manz AG offers high-quality, needs-based solutions that can be integrated early into customer projects to contribute significantly to customer success.
  • Manz AG currently employs roughly 1,600 workers worldwide, around half of whom work in the Asia region, which is key to the company's target industries.

DGAP-News: Brockhaus Capital Management AG: Technology group BCM sets placement price for its private placement ahead of the planned listing on Frankfurt Stock Exchange at € 32.00 per share

Tuesday, July 7, 2020 - 7:02am

The final number of new shares to be issued will be determined on the basis of a bookbuilding process.

Key Points: 
  • The final number of new shares to be issued will be determined on the basis of a bookbuilding process.
  • The volume of the capital increase shall amount to at least 25% of the market capitalization of BCM following the listing.
  • BCM AG, based in Frankfurt/Main, is a technology group acquiring high-margin and high-growth technology champions with B2B business models in the German Mittelstand.
  • At the same time, BCM offers a gateway into these non-listed German technology champions, which are otherwise inaccessible to capital market investors.