Aerzener Maschinenfabrik at the SMM 2024
International Maritime Industry Trade Fair Aerzener Maschinenfabrik is exhibiting in Hamburg at the world's largest shipbuilding trade fair. The SMM (Shipbuilding, Machinery and Marine Technology Trade Fair) started on Wednesday and runs until Friday, 6th September. According to its press release, the supplier of blower and compressor solutions is primarily focusing there on […]
Lufthansa Cargo: Sustainable organisation of air freight
Commissioning of the 18th long-haul freighter One of the world's leading air cargo transport companies, Lufthansa Cargo, commissioned its 18th long-haul freighter on 17th August 2024. This belongs to the „B777 freighter“ fleet. According to the company, the freighter comes from the Boeing plant in Everett, USA. It has now become the largest hub for the [...]
Change of boss at Nestlé
Mark Schneider to leave world's largest food company Nestlé's top job will be reassigned at short notice. As the world's largest food company announced on Thursday, the current Chief Executive Officer (CEO), Mark Schneider, will be leaving the company. In light of this, Nestlé's Board of Directors has appointed Laurent Freixe as the new Chief Executive Officer, effective 1 September. […]
Rescue from Varta
Sports car manufacturer Porsche will spin off its lithium-ion round cell division. Varta AG has agreed on a restructuring plan with its financial creditors and strategic investors. The struggling battery manufacturer announced this last Saturday via a press release. Initially, there will be a debt haircut, which will reduce existing financial liabilities by more than half to €200 million in the future [...]
Otto: Mail order for 75 years
Hamburg-based retail group celebrates its birthday The online shop Otto celebrated its birthday at the weekend. As the long-established company announced on Friday, Otto turned 75 on Saturday 17 August 2024. To mark this anniversary, Otto is organising numerous campaigns over the coming weeks. Catalogue mail order company, online shop, platform In its press release, Otto, today the largest German online shop and part [...]
Modern and sustainable logistics technologies at Würth Industrial Park
Expansion of the logistics centre: Automated high-bay warehouse Würth Industrie Service GmbH & Co. KG has expanded its logistics centre in Bad Mergentheim with an automated high-bay warehouse. According to the company, this project represents an important milestone in the 25-year history of the company. The Würth Industrial Park is one of the most modern logistics centres in Europe. Every day, around 20,000 customers [...]
Porsche SE: New investment in Flix
Investment in mobility platform together with Kühne Holding and EQT Porsche Automobil Holding SE (Porsche SE) is investing in Flix SE. According to Porsche SE, it is investing an amount in the low double-digit million euro range. Specifically, Porsche SE is investing in the mobility service provider, which is particularly well known for its Flixbuses, via an EQT fund. As [...]
Largest mobile freezer shelving system in the United Arab Emirates
SSI Schaefer and Noatum Logistics Middle East successfully finalise project One of the world's leading providers of warehouse automation and deep-freeze logistics SSI Schaefer successfully finalises a cooperation with Noatum Logistics Middle East. Noatum is part of the AD Ports Group and manages the group's logistics division. Together they have developed the largest mobile deep-freeze racking system in the United Arab [...]
New large wind turbine in Mainz
Milestone for Gesellschaft für Alternative Ingenieurtechnische Anwendungen The Gesellschaft für Alternative Ingenieurtechnische Anwendungen (GAIA) begins construction of its largest wind turbine south of Mainz in the Hechtsheim district. The company is one of the leaders in the field of renewable energies. The building permit in accordance with the Federal Immission Control Ordinance (BImSchV) was issued by Mainz city council in July last year. In August [...]
Continental Group Results for the Second Half of 2024
Consolidated sales of €10.0 billion According to its own statements, Continental closed the second quarter of 2024 as expected and achieved better results in all divisions than in the previous quarter. The company also recorded an improvement compared to the same quarter of the previous year. Nikolai Setzer, CEO of Continental, explains: „In Automotive, we have improved significantly and are striving to [...]