Economy of Germany

Bayer's Exposure to Thousands of Cancer Lawsuits Persists as Victims' Lawyers Vow to Continue the Fight

Wednesday, February 24, 2021 - 8:51pm

However, effortsby Bayer (OTC:BAYRY) to resolve lawsuits for pennies on the dollar mean one thing thousands of cancer victims and their lawyers will continue to press forward to trial seeking justice.

Key Points: 
  • However, effortsby Bayer (OTC:BAYRY) to resolve lawsuits for pennies on the dollar mean one thing thousands of cancer victims and their lawyers will continue to press forward to trial seeking justice.
  • Rather than pursue a comprehensive resolution frameworkthat would have addressed all pending lawsuits, Bayer's strategy has been to negotiate separately with hundreds of law firms.
  • Trial lawyers opposed to the deal say that is an attempt to reduce liability and cost exposure and kick the can down the road, all for the sake of pleasing shareholders.
  • In addition, courthouse delays caused by the pandemic have put additional pressure on cancer victims to agree to less-than-favorable resolutions.

DGAP-News: Vossloh Aktiengesellschaft: Vossloh mourns the death of Heinz Hermann Thiele

Wednesday, February 24, 2021 - 5:03pm

Since 2011, the successful and charismatic entrepreneur Heinz Hermann Thiele had successively increased his shareholding in Vossloh AG to most recently 50.09 percent.

Key Points: 
  • Since 2011, the successful and charismatic entrepreneur Heinz Hermann Thiele had successively increased his shareholding in Vossloh AG to most recently 50.09 percent.
  • Oliver Schuster, CEO of Vossloh AG: "We have all been extremely saddened by the sudden death of Heinz Hermann Thiele.
  • Mr. Thiele was a close companion to Vossloh whom we appreciated for his straightforwardness, entrepreneurial courage, decisiveness and unique discipline.
  • Through his work, Heinz Hermann Thiele contributed an important chapter to Vossloh's more than 130-year history.

TOMI Appoints Sales Vice Presidents for Its Commercial, Healthcare and Food Divisions

Tuesday, February 23, 2021 - 1:30pm

I see clear growth potential for boosting TOMIs sales in its commercial division https://tomimist.com/industries-divisions/commercial/ globally through coordinated sales and marketing and account-based marketing activities, commented Mr. Zamieroski.

Key Points: 
  • I see clear growth potential for boosting TOMIs sales in its commercial division https://tomimist.com/industries-divisions/commercial/ globally through coordinated sales and marketing and account-based marketing activities, commented Mr. Zamieroski.
  • Patrick Griffin joins TOMI as Vice President, Sales for Hospital-HealthCare; https://tomimist.com/industries-divisions/hospital-healthcare/ , bringing over 25 years of experience in the Healthcare space including working for Quest Diagnostics, Abbott, Siemens Bayer and ThermoFisher Scientific.
  • Throughout his career he has held positions of increasing responsibility and has built and led teams in sales, marketing, operations and training.
  • Kim Larkin , Vice President, Sales for the Food Safety division; https://tomimist.com/industries-divisions/food-safety/ joins TOMI, having spent the past few years with leading TIC (Testing, Inspection & Certification) companies.

DGAP-News: Sixt Leasing SE digitalises vehicle handover and return process

Tuesday, February 23, 2021 - 8:02am

Roll-out initially at the locations in Frankfurt, Berlin and Munich

Key Points: 
  • Roll-out initially at the locations in Frankfurt, Berlin and Munich
    Pullach, 23February 2021 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, is optimizing vehicle handover and return at its locations in Frankfurt-Egelsbach, Berlin-Adlershof and Munich-Eching.
  • Josef Finauer, Managing Director Maintenance & Damage of Sixt Leasing SE: "Thanks to the digital recording of logistics processes, vehicle handover and return at our locations in Frankfurt, Berlin and Munich is now even more efficient and transparent.
  • Sixt Leasing's goal is to roll out the app at the more than 30 Sixt SE stations where Sixt Leasing customers can pick up or return vehicles.
  • Tobias Gawor, Director Logistics of Sixt Leasing SE: "The app-based vehicle handover is an important, further step in the consistent digitalisation and automation of our processes.

SCHOTT Eyes U.S. Growth Strategy as Sales and Earnings Increase In 2020

Thursday, February 18, 2021 - 2:00pm

About 20% of global sales were attributable to the U.S. region, making the U.S. the top selling country for SCHOTT.

Key Points: 
  • About 20% of global sales were attributable to the U.S. region, making the U.S. the top selling country for SCHOTT.
  • Pharma & Home Appliance Lead U.S. Growth
    U.S. sales increased despite the challenges of 2020, led by the companys pharmaceutical packaging unit and its home appliance unit.
  • In the fiscal year 2020, its 16,500 employees generated sales of 2.24 billion euros ($2.5 billion).
  • As a foundation company, SCHOTT has anchored responsibility for employees, society and the environment deeply in its DNA.

Global Semiconductor and IC Packaging Material Market Report 2021 Featuring Profiles of Hitachi Chemical, BASF SE, Henkel AG & Co, Sumitomo Chemical, Alent, and Kyocera Chemical - ResearchAndMarkets.com

Thursday, February 18, 2021 - 1:44pm

The "Technology Landscape, Trends and Opportunities in the Global Semiconductor and IC Packaging Material Market" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Technology Landscape, Trends and Opportunities in the Global Semiconductor and IC Packaging Material Market" report has been added to ResearchAndMarkets.com's offering.
  • Increasing demand for consumer electronics and increasing R&D by key players towards making the electronic packaging materials are creating new opportunities for various semiconductor and IC packaging material technologies.
  • This report analyzes technology maturity, degree of disruption, competitive intensity, market potential, and other parameters of various technologies in the semiconductor and IC packaging material market.
  • Some of the semiconductor and IC packaging material companies profiled in this report include Hitachi Chemical, BASF SE, Henkel AG & Company, Sumitomo Chemical, Alent, and Kyocera Chemical.

Cohu Ships the 4000th Handler from its Melaka Operation to Infineon Technologies

Tuesday, February 16, 2021 - 9:05pm

Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today announced the shipment of its 4000th handler from Cohus manufacturing facility in Melaka, Malaysia.

Key Points: 
  • Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today announced the shipment of its 4000th handler from Cohus manufacturing facility in Melaka, Malaysia.
  • The milestone system, a MATRiX thermal pick-and-place handler was delivered to Infineon, a leading semiconductor supplier, for testing automotive and industrial devices.
  • Cohu has been a long-term test handling partner and we rely on their ability to meet our production ramp, said Soo-Hee Tan, senior vice president back-end, Infineon Technologies.
  • Infineon and Cohu have worked together for many years to address the toughest test challenges, accelerating time to yield and providing greater productivity.

Resolutions of the Supervisory Board of Sartorius AG

Thursday, February 11, 2021 - 6:58pm

GTTINGEN, Germany, Feb. 11, 2021 /PRNewswire/ -- The Supervisory Board of Sartorius AG resolved at its meeting today to approve an early extension of the appointments of Ren Fber as a member of the Executive Board and Head of the BioprocessSolutionsDivision, as well as of Gerry Mackay as a member of the Executive Board and Headofthe Lab Products & Services Division.

Key Points: 
  • GTTINGEN, Germany, Feb. 11, 2021 /PRNewswire/ -- The Supervisory Board of Sartorius AG resolved at its meeting today to approve an early extension of the appointments of Ren Fber as a member of the Executive Board and Head of the BioprocessSolutionsDivision, as well as of Gerry Mackay as a member of the Executive Board and Headofthe Lab Products & Services Division.
  • Ren Fber (45) has been working for Sartorius since 2002 and has been an Executive Board member of SartoriusAG since January 2019.
  • Gerry Mackay (58) joined Sartorius in 2015 through the acquisition of BioOutsource and has been an Executive Board member of SartoriusAG also since January2019.
  • The Supervisory Board accepted Gerry Mackay's request to extend his appointment only by two years until December31, 2023, due to his private plans for the future.

Metrus Announces New Project with Daimler Trucks North America

Wednesday, February 10, 2021 - 3:30pm

SAN FRANCISCO, Feb. 10, 2021 /PRNewswire-PRWeb/ -- Metrus Energy has announced a $6.4 million project with Daimler Trucks North America (DTNA), the first in the Sustainable Energy Service Agreement (SESA) program.

Key Points: 
  • SAN FRANCISCO, Feb. 10, 2021 /PRNewswire-PRWeb/ -- Metrus Energy has announced a $6.4 million project with Daimler Trucks North America (DTNA), the first in the Sustainable Energy Service Agreement (SESA) program.
  • "Our SESA is all about addressing the whole sustainability ecosystem for our customers and we are thrilled to kick-off this important new program with Daimler," said Anastasia Beckett, Metrus' SVP of Sales.
  • Daimler Trucks North America LLC, headquartered in Portland, Ore., is the leading heavy-duty truck manufacturer in North America.
  • Daimler Trucks North America is a Daimler company.

DGAP-News: FUCHS strengthens presence in Vietnam through joint venture

Tuesday, February 9, 2021 - 1:12pm

The following information is available online:

Key Points: 
  • The following information is available online:
    The FUCHS Group develops, produces and markets high-grade lubricants and related specialties for virtually all industries and areas of application.
  • Formed in Mannheim in 1931, the Group employs almost 6,000 people worldwide at 62 operating companies.
  • FUCHS is the world's largest independent lubricant manufacturer.
  • This press release contains statements about future developments that are based on assumptions and estimates by the management of FUCHS PETROLUB SE.