(pressebox) Niederwangen, 25.03.2009, The Adval Tech Group did not achieve its goals of organic growth in 2008 and improved operating results in comparison to 2007. The group’s total income of CHF 416.5 million exceeded the previous year’s figure (CHF 348.6 million) by 20%. Operating earnings of CHF 26.3 million before interest, taxes and depreciation (EBITDA) [...]
Tag Archive > Global Financial Crisis
Fourth High-Level Seminar of the Eurosystem and Latin American Central Banks held in Mexico City on 23 March 2009
(pressebox) Frankfurt am Main, 24.03.2009, The economic implications and the policy responses to the global financial crisis and to the rise and fall in commodity prices were the main focus of the discussions held at the Fourth High-Level Seminar of the Eurosystem and Latin American Central Banks that took place today in Mexico City, under [...]
euro adhoc: voestalpine AG / Financial Figures/Balance Sheet / voestalpine reaching new record earnings in first nine months despite downturn in 3rd fiscal quarter
——————————————————————————– Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. ——————————————————————————– quaterly report 25.02.2009 During the first nine months of the business year 2008/09 the voestalpine Group has been able to achieve increases in revenue and earnings over the previous year in spite of the ongoing tightening in [...]
euro adhoc: Financial Figures/Balance Sheet / centrotherm photovoltaics: preliminary figures confirm positive business trend in 2008
——————————————————————————– Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. ——————————————————————————– Company Information 19.02.2009 – Revenue up from EUR 166 million to around EUR 375 million (+ 126 percent) – EBIT (excluding purchase price allocation) more than doubled to around EUR 56 million (+ 165 percent) – Order [...]
PUMA AG announces its consolidated financial results for the 4th Quarter and Financial Year of 2008
——————————————————————————– ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. ——————————————————————————– balance Herzogenaurach (euro adhoc) – Herzogenaurach, Germany, February 18, 2009 – PUMA AG announces its consolidated financial results for the 4th Quarter and Financial Year of 2008 Highlights 4th Quarter . Consolidated sales up more than 7% currency-adjusted [...]
BIOPETROL INDUSTRIES AG prepares financial restructuring
(pressebox) Zug, 16.02.2009, Since the middle of 4Q 2008 BIOPETROL INDUSTRIES has experienced drastically worsened market conditions in Europe and in particular in the important markets of Germany and the UK. 2008 targets not reached According to currently available preliminary financials, BIOPETROL INDUSTRIES AG expects to close the financial year 2008 with a turnover of [...]
euro adhoc: S&T System Integration&Technology Distribution AG / Financial Figures/Balance Sheet / S&T ends the 2008 financial year with a good fourth quarter
——————————————————————————– Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. ——————————————————————————– 11.02.2009 Services and consulting business continues to grow At S&T, the 2008 business year was characterized by qualitative growth. Despite the global financial crisis, according to preliminary figures the company increased the share of the solutions and [...]
KfW Entwicklungsbank and IFC launch world’s largest fund to boost lending to microentrepreneurs in developing and transition countries
Frankfurt (ots) – Refinancing assured for the microfinance sector Major contribution toward safeguarding and creating jobs in developing and transition countries In the presence of German Development Minister Heidemarie Wieczorek-Zeul and World Bank Group President Robert Zoellick, KfW Entwicklungsbank and the IFC today launched a cross-border refinancing facility for microfinance institutions. The fund, created by [...]
Premier Wen Jiabao Says China’s Economy Showing Signs of EarlyRecovery
(pressebox) Davos-Klosters, Switzerland, 29.01.2009, . – Bank lending, prices of industrial goods and consumption up in China – Economy to grow at 8% in 2009 – Follow the Annual Meeting online at http://www.weforum.org/… – join the Davos Debates, watch webcast sessions, read session reports, download photos, twitter, participate in press conference Addressing participants on the [...]
Open Forum 2009 Hosts Public Discussion on Globalization and its Effects
(pressebox) Davos-Klosters, Switzerland, 26.01.2009, . – The Open Forum, co-organized by the Federation of Swiss Protestant Churches and the World Economic Forum, runs parallel to the Annual Meeting in Davos-Klosters – The Open Forum is open to the general public – Discussions between key figures from business, politics and civil society will focus on globalization [...]
Haver & Boecker Sends a Signal
(pressebox) Oelde, 16.01.2009, In the middle of December Haver & Boecker Latinoamericana (HBL) inaugurated new offices and production facilities for its daughter company Haver Serviços in Perdo Leopoldo near the metropolitan city of Belo Horizonte. HBL is itself a subsidiary of Haver & Boecker OHG of Oelde, Germany which has been working on the Brazilian [...]
Camis on growth curve with KBA Rapida 142
(pressebox) Würzburg, 16.01.2009, Camis Ambalaj Sanayii is one of the biggest packaging printers in Turkey, with an annual output of 25,000 tonnes of processed board. Following the installation of two five-colour large-format coater presses from another German manufacturer, last year Camis placed an order for a Rapida 142 six-colour coater press with double extended delivery [...]
Gartner Highlights 10 Ways to Position and Sell IT Services in a Downward Economy
(pressebox) Stamford, Conn., 09.12.2008 – IT service providers face difficult choices in the current global financial crisis as they are forced to decide whether to wait for clarity about when the situation will improve or to act now without knowing what the outcome might be, according to Gartner, Inc. "The penalty for making the wrong [...]
As Anglo-American hedge funds attack Schumag AG, a German industrial company, the majority shareholder and workers of the company as well as trade unions declare determination to fight hostile takeover bid
Berlin/Essen (ots) – Press Statement by Schumag Holding Hedge funds are abusing the global financial crisis they helped to create in order to lever out companies of the real economy. Example: Attack by Concordia Funds manager Jason Cheung (London) and investment banker Alexander von Ungern-Sternberg (London) on the industrial company Schumag AG (Aachen, Germany). – [...]
euro adhoc: HTI – High Tech Industries AG / Financial Figures/Balance Sheet / HTI: RESTRUCTURING PACKAGE AS A TAILORED RESPONSE TO MARKET CONDITIONS TO CUSHION EARNINGS
——————————————————————————– Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. ——————————————————————————– 28.11.2008 HTI: RESTRUCTURING PACKAGE AS A TAILORED RESPONSE TO MARKET CONDITIONS TO CUSHION EARNINGS St. Marien, Austria, November 28, 2008. The HTI Group is implementing a comprehensive restructuring package designed as a response to the massive changes [...]
