Economy of Germany

DGAP-News: Evotec SE virtual Annual General Meeting 2021 approves all proposed agenda items

Retrieved on: 
Tuesday, June 15, 2021
Evotec, TecDAX, MDAX, CDAX, Supervisory board, Industry economics), Economy of Germany, Companies

Evotec SE (Frankfurt Stock Exchange: EVT, MDAX/TecDAX, ISIN: DE0005664809) today announced that its shareholders approved all proposals the Company's Management put to vote at the Company's virtual Annual General Meeting 2021 with the required majority.

Key Points: 
  • Evotec SE (Frankfurt Stock Exchange: EVT, MDAX/TecDAX, ISIN: DE0005664809) today announced that its shareholders approved all proposals the Company's Management put to vote at the Company's virtual Annual General Meeting 2021 with the required majority.
  • Due to the COVID-19 pandemic, this year's Annual General Meeting again was held as a purely virtual event.
  • All actions of the Management Board and the Supervisory Board were approved by the Annual General Meeting 2021 for the fiscal year 2020.
  • The Annual General Meeting also elected a new member of the Supervisory Board: Effective immediately, Dr Constanze Ulmer-Eilfort will become a new member of the Supervisory Board of Evotec SE.

Commerzbank successfully issues further additional tier 1 bond

Retrieved on: 
Tuesday, June 15, 2021
Bond, Commerzbank, Government bonds, Companies, Economy of Germany, Financial markets

Commerzbank AG has successfully issued the third AT 1 bond under its issuance programme for additional tier 1 capital (AT 1).

Key Points: 
  • Commerzbank AG has successfully issued the third AT 1 bond under its issuance programme for additional tier 1 capital (AT 1).
  • The bond has a volume of 500 million and a fixed coupon of 4.25% per annum.
  • In 2020, Commerzbank issued two AT 1 bond under its issuance programme with a net volume of 1.75 billion.
  • The bond terms include a temporary write-down in the event that the Bank's Common Equity Tier 1 ratio (CET 1 ratio) drops below 5.125%.

MicroVision to Attend IAA Mobility 2021 Show in Munich

Retrieved on: 
Tuesday, June 15, 2021
MicroVision, Inc., Emerging technologies, Lidar, International Motor Show Germany, Technology, Economy of Germany

REDMOND, Wash., June 15, 2021 (GLOBE NEWSWIRE) -- MicroVision, Inc. (NASDAQ: MVIS), a leader in MEMS based solid state automotive lidar and micro-display technology for augmented reality, today announced that it plans to exhibit its automotive lidar sensor at the IAA Mobility 2021 show at the Munich Trade Fair Center from September 7-12.

Key Points: 
  • REDMOND, Wash., June 15, 2021 (GLOBE NEWSWIRE) -- MicroVision, Inc. (NASDAQ: MVIS), a leader in MEMS based solid state automotive lidar and micro-display technology for augmented reality, today announced that it plans to exhibit its automotive lidar sensor at the IAA Mobility 2021 show at the Munich Trade Fair Center from September 7-12.
  • We look forward to exhibiting MicroVisions long range lidar sensor at IAA Mobility 2021 in September, said Sumit Sharma, Chief Executive Officer of MicroVision.
  • The IAA (International Motor Show Germany), which was canceled in 2020 due to the COVID-19 pandemic, is returning as IAA Mobility 2021 with a new and broader focus on all forms of mobility.
  • MicroVision is a trademark of MicroVision, Inc. in the United States and other countries.

DGAP-News: fox e-mobility announces preliminary results for 2020 business year

Retrieved on: 
Tuesday, June 15, 2021
Companies, Economy of Germany, Volkswagen Group

The financial year covers the period from January 1, 2020 to December 31, 2020 for the two group companies Fox Automotive Switzerland AG and Catinum AG.

Key Points: 
  • The financial year covers the period from January 1, 2020 to December 31, 2020 for the two group companies Fox Automotive Switzerland AG and Catinum AG.
  • On December 7th last year, the new group, fox e-mobility AG, was created through the contribution of Fox Automotive Switzerland AG to Catinum AG.
  • In the course of this so-called 'reverse merger', the stock exchange listing of fox e-mobility AG was also implemented on December 22, 2020.
  • Philippe Perret, CEO of fox e-mobility AG: "We are pleased with the successful start of fox e-mobility AG.

Researchers' World encourages children to explore the world of science

Retrieved on: 
Monday, June 14, 2021
Articles, Henkel, Industry economics), Sustainability, Recycling, Economy of Germany

Researchers' World is an educational initiative designed by Henkel to introduce children to the world of science.

Key Points: 
  • Researchers' World is an educational initiative designed by Henkel to introduce children to the world of science.
  • Beginning June 17, 2021, Researchers' World at Mill River Park will offer free workshops, introducing students to the concepts of sustainability, consumption, recycling, materials science and more.
  • Their expertise in environmental stewardship and education positioned them as an optimal partner to help introduce Henkel Researchers' World in North America.
  • Since its inauguration at Henkel's Dsseldorf headquarters in April 2011, more than 62,000 children around the world have taken part in Henkel Researchers' World programs.

DGAP-News: FUCHS strengthens specialty business by acquiring the lubricants business of Gleitmo Technik AB, Sweden

Retrieved on: 
Thursday, June 10, 2021
Motor oils, States of Germany, Fuchs Petrolub, Fuchs, Baden-Württemberg, Economy of Germany, Mannheim

The company, which was founded in Mannheim in 1931, employs around 6,000 people worldwide at 58 operating companies.

Key Points: 
  • The company, which was founded in Mannheim in 1931, employs around 6,000 people worldwide at 58 operating companies.
  • FUCHS is the world's largest independent lubricant manufacturer.
  • The most important markets in terms of sales revenue are Western Europe, Asia and North America.
  • This press release contains future-oriented statements, which are based on assumptions and estimates by the corporate management of FUCHS PETROLUB SE.

AutoZone Vendor Partner Summit Recognizes Contributions of Top Suppliers

Retrieved on: 
Wednesday, June 9, 2021
Companies, Tools, AutoZone, Azo, Robert Bosch GmbH, Vendor, Economy of Germany

MEMPHIS, Tenn., June 09, 2021 (GLOBE NEWSWIRE) -- AutoZone (NYSE:AZO) recognized 17 of its top suppliers at its virtual AutoZone Vendor Partner Summit on June 8, 2021.

Key Points: 
  • MEMPHIS, Tenn., June 09, 2021 (GLOBE NEWSWIRE) -- AutoZone (NYSE:AZO) recognized 17 of its top suppliers at its virtual AutoZone Vendor Partner Summit on June 8, 2021.
  • AutoZone named Bosch Braking its 2021 Vendor Partner of the Year.
  • Bosch is a tremendous vendor partner in all aspects of the business from merchandising and supply chain processes to engineering and sales.
  • Our 2021 Vendor Partner of the Year, Bosch Braking, and our Vendor Partner Summit award winners are outstanding contributors to AutoZones success, said Seong Ohm, Senior Vice President, Merchandising, Customer Satisfaction.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Volkswagen AG (VWAGY)

Retrieved on: 
Wednesday, June 9, 2021
Volkswagen Group, Companies, Volkswagen, Wolfsburg, Economy of Germany

On March 29, 2021, Volkswagen published a draft press release announcing its American subsidiaries supposed name change to Voltswagen.

Key Points: 
  • On March 29, 2021, Volkswagen published a draft press release announcing its American subsidiaries supposed name change to Voltswagen.
  • On this news, Volkswagen AGs share price fell more than 5% over the next two trading days, thereby injuring investors.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • Glancy Prongay & Murray LLP, Los Angeles

Prof. Dr Herbert Kohler, Ex-Tesla Board Member & Daimler VP, Joins Advisory Board of Elaphe

Retrieved on: 
Wednesday, June 9, 2021
Kohler Company, Kohler family of Wisconsin, Daimler AG, Renault–Nissan–Mitsubishi Alliance, Elaphe, Daimler, Kohler, Herbert Kohler Jr., Companies, Economy of the United States, Economy of Germany

With Prof. Dr. Kohler as a member of theiradvisory board, Elaphe has madean additional step towards solidifying its leading positionin distributed-drive technology.

Key Points: 
  • With Prof. Dr. Kohler as a member of theiradvisory board, Elaphe has madean additional step towards solidifying its leading positionin distributed-drive technology.
  • "Elaphe is honored to welcome to our team such a revolutionary contributor to the global e-mobility movement,"stated Gorazd Lampic, Elaphe CEO.
  • Prof. Herbert Kohler started his career at Daimler as a Ph.D. student, worked his way up the ranks through production, engineering, and marketing and sales to senior management of the Daimler group.
  • At the pinnacle of his active career at Daimler, he was responsible for Research and Advanced Engineering of the entire Daimler group.

Boehringer Ingelheim partners with Lifebit to detect global infectious disease outbreaks

Retrieved on: 
Wednesday, June 9, 2021
Infectious diseases, Boehringer Ingelheim, Emerging infectious disease, Ingelheim am Rhein, Boehringer, Economy of Germany, Germany, Health

Utilising the Lifebit REAL platform, insights into the latest infectious disease outbreaks allow Boehringer Ingelheim's R&D efforts to be prioritised accordingly.

Key Points: 
  • Utilising the Lifebit REAL platform, insights into the latest infectious disease outbreaks allow Boehringer Ingelheim's R&D efforts to be prioritised accordingly.
  • Researchers from both organisations will work side-by-side to combine real-world evidence and the latest AI algorithms to identify infectious disease outbreaks and respond accordingly.
  • Lifebit REAL uses advanced analytic capabilities to automatically notify users of relevant outbreaks, such as transboundary disease spread or the emergence of novel pathogens, such as COVID-19.
  • Dr. Eric Haaksma, Head of Animal Health Global Innovation Boehringer Ingelheim, shared: "External innovation is becoming an increasingly important aspect of our R&D playbook.