Press Releases by Category Business, Economy, Finances, Banking & Insurance
ARAGON AG: results second quarter 2012 and first half year 2012
- Revenues at Aragon AG grow 11 percent in first half of 2012, first reaching EUR 60 million
- Product sales increased by 5 percent to more than EUR 1 billion
- High cost increases burden first half-year results
- Cautiously optimistic for the second half-year
- Further portfolio streamlining planned
Aragon AG, one of the leading financial services players in Germany and Austria, has achieved in the first half year in a challenging…
Heliad Equity Partners sells stake in ecolutions
Heliad Equity Partners GmbH & Co. KGaA (WKN A0L1NN - ISIN DE 000A0L1NN5) has sold the entirety of its 8.21% minority interest, which corresponds to 2,331,344 shares, in the German early-stage developer and financer of solar power plants ecolutions GmbH & Co. KGaA ('ecolutions').
Both parties agreed not to reveal the purchase price. The stake in ecolutions was not among the core holdings of Heliad Equity Partners and was sold whilst…
wolf-inf-tec launches Android app savings planner full and free version
Today many people who deposit money in a savings plan no longer have a fixed interest rate rather than that the value of their investment goes up or down like e. g. a mutual fund. Despite the fact that the actual balance is visible the saver does not know whether the investment goes well or not in other words what is the performance of the savings plan.
This dearth is cured…
C-QUADRAT signs Purchase agreement for the acquisition of the British asset mana …
Vienna / Frankfurt, 05.09.2012. In an Ad-hoc Announcement issued on 2.07.2012 via euro adhoc C-QUADRAT Investment AG (ISIN AT0000613005) gave notice of the possible acquisition of BCM Group, a UK Fund Management Company, the strategic considerations and basic points of the planned transaction (purchase price, intended use of its treasury shares, purchase price adjustment mechanism).
Today the share purchase agreement regarding the contemplated transaction has been entered with Laakman Holding…
Angren prepares for investors
In 2013-2015 Uzbekistan will allocate over $ 59 million for the development of transportation, manufacturing and engineering infrastructure in special industrial zone (SIZ) Angren.
The government approved a special program to address these problems with a total value of approximately $ 59.4 million of which $ 13.4 million will be allocated to create electricity network, $ 3.5 million - for gas supply, $ 28.1 million - water supply and wastewater drainage,…
Heliad Equity Partners GmbH & Co. KGaA publishes 2012 Half-Year Figures
27.08.2012
Heliad Equity Partners (ISIN: DE000A0L1NN5) has today published its results for the first six months of 2012 financial year. The company generated consolidated sales (IFRS) of EUR 9.9 million (previous year: EUR 21.9 million). At EUR 1.1 million, operating earnings (EBITDA) were positive (previous year: EUR 2.2 million). Net result for period improved to EUR 1.5 million (previous year: EUR -0,4 million). Sales and EBITDA were affected by the disposal…
Security 2012: always "app-to-date" with KEMAS
KEMAS - leading the way for more than 20 years now in the field of customer- and employee-operated handover terminals - offers a rich programme at the Security 2012.
The focus is on process-oriented solutions for the secure handling with material assets, ranging from key management to the handling of mail and documents, drugs, vehicle keys, tools, weapons etc.
Top technology is the keyword. Control station is the software platform KEMAS NET.…
New corrosion and flame-retardant Products
The natural mineral called micaceous iron oxide has proved to be a good protection against heavy corrosion for many years, especially and extraordinarily well as a long term protection of objects.
Besides the already well established products of the MIOX-series, suitable for many different applications and formulae, the GEORG H. LUH GmbH now offers a new “FeOMica“- range within their supply portfolio, with excellent technical properties at an extremely…
Graphite – innovative additive for high performance thermal conductive compounds …
Especially in electronic applications, thermally conductive materials become more and more important for optimising component design and performance. Using the natural mineral graphite, compounds can be transformed into highly conductive materials for electronics and other applications.
Compared to metals or metal additives in compounds, which are also common in use, graphite shows some extraordinary advantages:
Graphite is absolutely corrosion resistant even in rough environment
The heat conductivity of graphite is even higher than…
Chinese Investors Look Abroad
Beijing, China July 30, 2012 – An Outbound Investment Seminar hosted by Chance & Bridge Partners drew a large audience of investors, Chinese SMEs, and international partner law firms.
Many Chinese investors and companies are looking to diversify their holdings and enter new markets. This has led to an increase in cross-border investment, banking, consulting, and legal services for the Chinese clients. Many of these areas were addressed during the…
CFC Industriebeteiligungen AG's Board composition accommodates concentration on …
- Werner Neubauer becomes member of the Executive Board of CFC
Industriebeteiligungen AG
- CFC concentrates business development on the electronics segment
Dortmund, August 17, 2012
As of now, CFC Industriebeteiligungen AG (ISIN: DE000A0LBKW6), Dortmund, also reflects its concentration on the electronics segment in the composition of its Executive Board. CFC's Supervisory Board has appointed Werner Neubauer as a member of the Executive Board with effect of August…
Hein Gericke Schutzschirmverfahren/Preliminary Insolvency Proceedings
On 31.07.2012 the German Company Hein Gericke GmbH, a popular outlet store chain for biker wear and supplies has filed for protection under the new German Schutzschirmverfahren (ESUG). The court has issued a stay order, allowing Hein Gericke GmbH to continue its trading within certain limits set by the order and has appointed Mr. Georg Kreplin as trustee (Sachwalter). bunk-alliance Rechtsanwaltsgesellschaft mbH has been approached by suppliers of Hein Gericke…
ADC's associate, BancABC reports very strong half-year results
15.08.2012
ADC African Development Corporation GmbH & Co. KGaA ('ADC'), ISIN DE000A1E8NW9, a fast growing pan-African banking group focused on the frontier markets of sub-Saharan Africa, is pleased to announce that its 50.4% owned associate BancABC achieved strong results for the half-year ended 30 June 2012. The results were largely driven by significant growth in income on the back of the expansion of retail banking. Pre-tax profits grew to BWP 96…
xax joins SAP® PartnerEdge™ as an SAP Services Partner
xax, the Business Intelligence Experts, today announced it has joined the SAP® PartnerEdge™ program as an SAP services partner. The program gives partners access to resources, services and benefits that will help xax build and maintain a successful partnership with SAP, which will help it to optimize business results for clients.
SAP services partners help SAP customers design, implement and integrate SAP solutions; optimize business processes; and provide strategic business consultation.…
ADC takes over majority of BancABC ++ Suspension of share buyback program
14.08.2012
Dissemination of an Ad hoc announcement according to § 15 WpHG
ADC African Development Corporation GmbH & Co. KGaA ('ADC'), ISIN DE000A1E8NW9, a fast growing pan-African banking group focused on the frontier markets of sub-Saharan Africa, is pleased to announce that it has now become the majority shareholder in ABC Holdings Limited ('BancABC') with a shareholding of 50.4% as a result of the underwriting of BancABC's recently finished rights offer.…
MBB Industries AG generates record earnings of 89 cents per share in first half …
- Revenues rise by 73% to EUR89.8 million
- Half-year earnings up 151% to EUR5.8 million
- Outlook still positive
Berlin, 13. August 2012 - MBB Industries AG (ISIN DE000A0ETBQ4), a family-owned, medium-sized corporation, has generated significant increases in revenues and earnings in the first half of 2012, according to provisional figures. All holdings contributed to the highly positive performance, including CLAAS, which was acquired as at the end of the first quarter…
Mobile Payment Methods show high Potential for global E-Commerce
The "Global Online Payment Methods 2012" report by yStats.com – Hamburg-based secondary market research specialist – analyzes recent developments in E-Commerce payment methods, first on a global scale and then separately for more than 50 regions and countries worldwide. Additionally, the report features the most important trends and the latest news for more than 40 payment companies in these markets.
The average global online shopper uses only a small number of…
Varengold Wertpapierhandelsbank AG: preliminary figures for the first half of 20 …
Hamburg, 6th August 2012 - Varengold Wertpapierhandelsbank AG (WKN 547930), a German investment bank with over 17 years' experience on the market and an exclusive focus on asset management with managed futures and capital markets brokerage, has presented its initial, unaudited results for the first six months of 2012.
The period was shaped by reorganization and cost savings up to 25 % in all fields of business as a reaction on…
ADC African Development: ADC's newest investment, Union Bank Nigeria, reports a …
ADC African Development Corporation GmbH & Co. KGaA: ADC's newest investment, Union Bank Nigeria, reports a EUR 30 million net profit in Q1 2012 ++ Douglas Munatsi installed as ADC board representative
06.08.2012
ADC African Development Corporation GmbH & Co. KGaA ('ADC'), ISIN DE000A1E8NW9, a fast growing pan-African banking group focused on the frontier markets of sub-Saharan Africa, is pleased to announce that its newest investment, Union Bank of Nigeria plc.…
QUORiON Introduces New Electronic Cash Registers for Retail Stores and Restauran …
Cash registers for sale – there is a term that seldomly appears these days, as the industry faces increased turmoil from new entries and technology. Mobile POS systems, NFC technology, and the cloud are the trending topics of the day. New industry players relentlessly push these in the media in an effort to find their market niche. However, what happened to the people that still want to…
The new WOLFF’s den – WOLFFKRAN moves into new branch office in Dubai
Dubai – July 2012. Six years ago in the United Arab Emirates the foundation was laid for a unique alliance. In 2006 WOLFFKRAN and Kanoo Group founded the joint-venture WOLFFKRAN Arabia to serve the UAE with premium tower cranes made in Germany. First contracts were won in 2007 and WOLFF cranes erected that same year. Initially operating out of Abu Dhabi, a branch office was soon opened in Dubai. This…
The FAM Box – The Next Step in Test Equipment Miniaturization
Munich, August 2, 2012 – MESSRING of Munich, the world’s leading manufacturer of crash test systems, is the driving force behind technological development in the field of test equipment. Its proprietary M=BUS technology represents the next step in test equipment miniaturization. The latest device in its product lineup is the M=BUS Pro Fire and Measurement Box, also known as the FAM Box.
The FAM Box can trigger pyrotechnic components as well…
ATLAS Interactive at gamescom 2012
Hamburg (Germany), 2 August 2012: When gamescom starts in two weeks in Cologne, the city will again turn into Mecca for the international games industry. ATLAS Interactive, micro payment specialist for payment processing in online games, will exhibit from August 15 to 17 at the venue. Like in the past two years ATLAS Interactive will be part of the gamecity:Hamburg joint stand in hall 4.2; booth M 034. Visitors will have…
Equilor Chooses FIXCEE by CONET Services for FIX Connectivity to the Warsaw Stoc …
Continued expansion into the eastern European financial markets
July 31, 2012, Warsaw (Poland) and Frankfurt (Germany). Equilor Ltd., one of the largest independent financial services companies in Hungary, has selected FIXCEE from CONET Services AG for direct market access to the Warsaw Stock Exchange (WSE).
Péter Horváth, Head of Operations at Equilor, comments: “Equilor looks forward to cooperating with CONET. The wide range of services provided by CONET fit excellently to…
New business and residential directory seeker arrives in the UK
Directory service seeker arrives in the UK with business and residential app for iPhone and Android
London, UK ---- seeker (http://www.seeker.co.uk) a business and residential directory service touches down in the UK.
seeker is specifically built for smartphones and available on both iPhone and Android devices. Users can also search the seeker database on the web via their desktop. seeker is also one of the only directory services that…
Resolution Health awarded Medical Insurance Provider of the Year 2012
ADC African Development Corporation GmbH & Co. KGaA ('ADC'), ISIN DE000A1E8NW9, a fast growing pan-African banking group focused on the frontier markets of sub-Saharan Africa is pleased to announce that its portfolio company, Resolution Health East Africa Limited (RHEAL), won two awards at the Kenyan annual insurance awards ceremony in Nairobi. RHEAL was the winner of the Medical Insurance Provider of the Year award and the runner up for the…
Top 2000 Global Online Shops: Amazon is Number One
The recently published "Top 2000 Global Online Shops 2012" ranking by Hamburg-based secondary market research specialist yStats.com ranks the top online shops for different regions and countries of the world. For the first time, data for all regions worldwide is compiled in one unique publication.
Besides the global ranking, yStats.com also offers “Top 1200 Online Shops in Europe 2012” and “Top 350 Online Shops in Asia-Pacific 2012”, including only information about…
Houston’s Rachel Giesber Clingman Named Among Nation’s Top Women Litigators
HOUSTON (Tuesday, July 17, 2012) – Rachel Giesber Clingman, partner-in-charge of Sutherland Asbill & Brennan LLP’s Houston office, has been named among the country’s best women litigators by Benchmark Litigation.
The inaugural edition of the “Top 250 Women in Litigation” recognizes Ms. Clingman for complex litigation, crisis management and commercial disputes. Her recent representation includes the defense of an offshore drilling contractor in connection with the 2010 Gulf Oil…
Staging Diva Provides Detailed Look at Color Consultations
(UNITED STATES) July 17, 2012 – Color consultations can be a great source of income for home stagers says home staging expert Debra Gould, also known as The Staging Diva. On the Home Staging Business Report blog, Gould shared a behind the scenes look at two color consultations she recently did for Toronto-area homeowners.
“When I’m choosing colors for home staging, I don’t really care too much about what the client…
CWC Group, Petrobras, Shell and Gazprom Global LNG to Host the 8th Annual LNG Aw …
The LNG Awards, now in their 8th year, will be presented at the World LNG Summit and Awards Gala Dinner in Barcelona, hosted by the CWC Group, Petrobras, Shell and Gazprom Global LNG on 28 November 2012.
Recognising and celebrating excellence in the LNG industry, this year sees the presentation of three awards: The coveted CWC/ WGI LNG Award 2012, the LNG Technological Innovation Award 2012 and the LNG Executive of…
YASH Technologies Announces New Leadership Appointments for North America
East Moline, IL (July 12, 2012) - YASH Technologies, a leading technology services and outsourcing partner for global companies, today announced four new appointments to its leadership team for services in support of SAP® solutions. YASH’s management additions include: Tom Genazzio as Vice President of Sales, SAP Services; Tom Hanzlick as Practice Director, Trade Industries; Paul Struck as Practice Director, Process Industries; and Robert Melkonian as Practice Director, Services…
Exhilway Private Capital Market CEO gets US $1 million pay pack
Rahul Malhotra, the youngest CEO of the India’s first private secondary market platform will pocket US $1 million or INR 5.5 crore annual pay package. The salary package constitutes of less cash in hand and too much equity which the CEO can sell only after five years of his tenure.
Exhilway Private Capital Market (EPCM) which charges its clients equity stake in their respected companies in lieu of helping them…
Blucora (Previously Infospace) Launches HomeBenefitIQ to Provide an Innovative N …
Wallick & Volk Mortgage Bank announces the launch of HomeBenefitIQ (HBIQ), a new program that offers local companies access to an innovative new employee benefit — customized mortgage and real estate services available specifically for employees of the company.
The HomeBenefitIQ program is an excellent way for companies to bring an additional employee benefit with no cost to the organization. Employees reap the benefit as almost 67% of employees…
LVRT: Continuous Voltage and Stable Output in Case of Grid Breakdowns
At HUSUM, PCS will debut the Green Line 3000, the new LVRT solution
Berlin, July 2012 – PCS Power Converter Solutions GmbH in Berlin is further expanding its portfolio for generating electricity using wind turbines. The new Green Line Grid Stability product line supplements the existing product range to ensure the low voltage ride through capability (LVRT) of wind turbines. PCS will present examples from the Green Line Family of…
MBB Industries AG: Hanke Tissue is doubling its production capacity
Berlin, 13 July 2012 - MBB Industries AG (ISIN DE000A0ETBQ4), a family-owned, medium-sized corporation, plans to double production capacity at its subsidiary Hanke Tissue Sp. z o.o. in Poland. Primary focus of the activity is the installation of a new paper machine which will be delivered by Recard Spa, Italy and shall be operational in December of 2013. The current total annual production capacity of 14,000 tons of tissue mother…
Managed Outsource Solutions Performing Quality Data Entry Services for Multiple …
Managed Outsource Solutions, one of the leading business process outsourcing companies in Tulsa, Oklahoma carries out quality data entry services for a wide variety of industries. The industries that it is skilled to serve include healthcare, law, insurance, finance, online media, information technology and manufacturing. Solutions are delivered making use of advanced technology to maximize efficiency. The highlights of the solutions include high accuracy and reduced operating expenses.
Complete Line…
Paragon Financial Group Assists Equipment Reseller
Ft Lauderdale, FL July 12, 2012
Paragon Financial Group (Paragon) announced that it has provided a $900,000 purchase order financing and invoice factoring line of credit deal to a large equipment reseller. The financing will enable the Company to take on global contracts and expand.
The Miami-based Company is a leading provider of heavy equipment, such as backhoes and cranes, to the United Nations. They had an opportunity to take on…
Mortimer English Club gains Master Franchise Partner for Spain
Two business partners from Madrid are getting ready to conquer Spain
The fact that the Mortimer concept works in the southern European country has already been proven by the three Franchise Partners the enterprise was able to gain throughout the past year.
That the need for qualified English lessons is huge shows the high numbers of students the three learning centres already have but also the high number of information request the…
Mortimer English Club finds its way to Bulgaria
Mariya Denkova and Dimitar Petkov are going to be the first ones to introduce the thriving franchise system to the Bulgarian market.
Located in Sofia, the two are already running a successful enterprise which is specialised in business coaching. “Since we are therefore in touch with a lot of companies throughout Sofia we soon realised that there is a great demand for business English or English courses in general”, says Mrs…
ITAGroup’s Driven Magazine Captures Magnum Opus Grand Award
West Des Moines, Iowa (July 12, 2012) – ITAGroup’s Driven Magazine has been singled out for “Special Recognition” in the Grand Award category of the 2012 Magnum Opus Awards competition. The distinction was awarded to the quarterly publication in the Print Magazine – External Audience category. The annual international awards program recognizes excellence in corporate communications content. This year’s competition attracted more than 500 entries in all categories of content…
Wyboston Lakes Head Hunter Awarded Top European Accolade
International executive placement specialist Christopher Luttik has been recognised as one of the UK’s leading head hunters when he recently received a Bronze accolade from MRI Network, the oldest, largest and most successful recruitment organisations in the world. Presented at their recent convention in Madrid, Christopher came third out of over 250 European franchisees who find and place top flight specialists and key executives in leading international corporations. …
Successful first half 2012 for Silvia Quandt & Cie. AG, Brokerage & Investment B …
- Successful placement of bond for ADC African Development Corporation
- Research, brokerage and designated sponsoring are developing well
- Promising ECM deal pipeline for the second half-year
- Expansion of the range of services to bond- and forex-brokerage in the second half of 2012
Silvia Quandt & Cie. AG, in cooperation with biw Bank für Investments und Wertpapiere AG has successfully placed a bond option on behalf of ADC African Development Corporation in…
Payroll Software Company Announces WorkTime Webinar
Gatekeeper Business Solutions proprietary web-based labor management system includes time and attendance, integrated payroll, and scheduling. The webinar will be held Thursday, July 26th from 1:00 p.m. – 2:00 p.m. EDT.
The web-based data collection tool, WorkTime will be discussed in detail highlighting the available options that govern how employees interact with tool. Attendees will learn how managers and their employees exchange messages. In addition, how employees submit and…
Alsbridge, Inc. Ranked World’s Best Outsourcing Advisor, Third Consecutive Year …
(DALLAS, Texas) July 11, 2012 - Award-winning sourcing advisory and benchmarking firm, Alsbridge, Inc., today announced they were once again named to the list of World’s Best Outsourcing Advisors for the third consecutive year.
The annual ranking is based on a number of categories including global presence, annual growth, customer reference and a demonstrated ability to meet their customers’ needs. Alsbridge is a leader the sourcing consulting market in…
Change of management at ebm-papst group - Rainer Hundsdörfer to succeed Hans-Joc …
Mulfingen, Germany, 09 July 2012: After six years as Chairman of the Board of Management at the ebm-papst Group, Hans-Jochen Beilke (62) will retire as planned on 30.09.2012.
His successor from September 2012 at the world's leading manufacturer of fans and motors will be Rainer Hundsdörfer. Hundsdörfer will be coming from the mechanical engineering company and automobile parts supplier Schaeffler AG. At Schaeffler, he has been Chairman of the…
Municipal Finance Agency 2012 reveals new refinancing possibilities
Kandler Gruppe GmbH (the "Kandler Group") announces new concept for municipal fund-raising
Straubing / Germany, July 3, 2012 – German municipalities manage funding on their own. But taking out bank loans faces increasing difficulties: Stricter requirements for banks' equity capital and the withdrawal of several banks from the municipal finance sector suggest a meltdown of favourable credit terms for municipalities.
In this situation, only the private capital markets can meet the…
Iraq Mega Projects 2012 to Focus on Providing a Critical Insight into Operating …
Taking place 1-3 October 2012 at the Madinat Jumeirah, Dubai, UAE, the Iraq Mega Projects 2012 Conference programme will focus on providing an in-depth critical insight for operating in the Iraqi oil and gas mega project industry. Key speakers will be encouraged to share experiences and best practice with the view of giving companies invaluable advice for optimising Iraq’s oil and gas landscape.
Key programme topics include: Oil & Gas…
Penny Stock Detectives Special Report Reveals a Country Actually Considering Rai …
In a recent Penny Stock Detectives article, editor Danny Esposito argues that as global economic growth around the world continues to contract, an investor would be hard-pressed to find a central bank that was actually contemplating raising interest rates. However, the editor’s recent article reveals one country’s central bank that is actually doing so, due to its economic strength that can be seen in its job numbers, real estate market,…
Changing Consumer Perception Driving India’s Organized Gold Loan Market
India is having the highest gold stock in the world and the demand for gold is increasing continuously in the country, backed by the tradition of wearing gold in weddings, festivals, and various other occasions. People are also buying gold as the value of gold assets is rising continuously.
Our comprehensive research report, “Gold Loan Market in India”, reveals that the organized gold loan market has grown tremendously over a period…
Colin Turner's email bullet hits the target for thousands of CEOs
As one of the world’s most respected voices on business and economy, Colin Turner’s hugely popular website is gaining new subscribers to his weekly bullet at an impressive rate by the day.
Offering thought-provoking, real-world advice, his weekly mailings have struck a chord with many leading CEOs and senior executives, due to their poignant and relevant content.
Just a few paragraphs in length; each email touches on subjects that every CEO and…
