Group14 accelerates its strategy to build silicon battery technology infrastructure in Europe to support its automotive customers and partners Acquisition of Schmid Silicon, Europe’s most technologically advanced silane manufacturer, sets up Group14 to provide for a more secure silicon battery supply chain As Group14 establishes operations in Europe, the company plans to open its first… Continue reading Group14 Technologies Acquires Schmid Silicon in Milestone European Expansion
Tag: Strategy
GTCR to Acquire Once For All from Warburg Pincus
Investment to accelerate growth behind leading compliance and supply chain management software provider CHICAGO, July 24, 2023 /PRNewswire/ — GTCR, a leading private equity firm, announced today that it has signed a definitive agreement to acquire Once For All (the “Company”), a leading compliance and supply chain management software provider, from Warburg Pincus. Financial terms of… Continue reading GTCR to Acquire Once For All from Warburg Pincus
Bahamas to Enter Agreements with Kingdom of Saudi Arabia
NASSAU, Bahamas, July 21, 2023 /PRNewswire/ — The Honourable I. Chester Cooper, Bahamas Deputy Prime Minister and Minister of Tourism, Investments & Aviation is leading a delegation of tourism officials to the Kingdom of Saudi Arabia for three days of meetings culminating in the signing of a multi-million-dollar contract with the Saudi Fund for Development… Continue reading Bahamas to Enter Agreements with Kingdom of Saudi Arabia
German cabinet approves updated national hydrogen strategy
The German cabinet on Wednesday approved an updated hydrogen strategy, setting guidelines for hyd Under the updated strategy, the government raised its domestic electrolysis capacity target for 2030 to at least 10 gigawatts (GW) from a previous 5 GW. rogen production and transport infrastructure plans as Europe’s largest economy aims to become climate-neutral by 2045.… Continue reading German cabinet approves updated national hydrogen strategy
@VW Group: Volkswagen Group posts solid H1 results and strengthens strategic position in China007614
Oliver Blume, CEO Volkswagen Group: “We have strategically realigned and restructured the Volkswagen Group, with a clear plan and measurable milestones. In the first half of the year, the Volkswagen Group delivered reliably with very solid results. Sales in North America are picking up, we are strengthening our position in China through technological partnerships and… Continue reading @VW Group: Volkswagen Group posts solid H1 results and strengthens strategic position in China007614
LG Announces Second-Quarter 2023 Financial Results
July 27, 2023 LG Announces Second-Quarter 2023 Financial Results Open share list Share this content. Record Revenues, Strong Profitability Provide Solid Foundation for Pursuing Mid- to Long-term Growth Through Advancement of Business Portfolio SEOUL, July 27, 2023 — LG Electronics Inc. (LG) today announced second-quarter 2023 consolidated revenue of KRW 20 trillion with operating profit… Continue reading LG Announces Second-Quarter 2023 Financial Results
John Lau takes legal action against Heath Zarin, EV Cornerstone
Cargo Services Far East Limited and CS International (Seafreight) Limited file lawsuit against EV Cargo Global Forwarding GmBH HONG KONG, July 26, 2023 /PRNewswire/ — Mr. John Lau Shek Yau (“John Lau or Mr. Lau”), founder of Cargo Services Group as well as JL Enterprises, began legal dispute and litigation proceedings against Heath Brian Zarin… Continue reading John Lau takes legal action against Heath Zarin, EV Cornerstone
H World Announces Preliminary Q2 Operating Results
RevPAR Recovers To 121% Of The 2019 Level HONG KONG, July 26, 2023 /PRNewswire/ — H World Group Limited (“H World” or “the Group”, NASDAQ: HTHT and HKEX: 1179) announced its preliminary results for hotel operations in the second quarter ended 30 June 2023 (“Q2 2023”). As of 30 June 2023, H World operates 8,750 hotels with… Continue reading H World Announces Preliminary Q2 Operating Results
HD Hyundai Records 30.8953 trillion won Revenue and 1.006 trillion won Operating Profit in H1
Q2 revenue reached 15.6213 trillion won and operating profit 472.6 billion won Shipbuilding, construction equipment and electric power device units achieving solid earnings HD Korea Shipbuilding & Offshore Engineering’s revenue at 5.4536 trillion won, up 30.2% YoY H2 earnings expected to stay stable following acceleration of profit improvement in shipbuilding unit and improved oil refining market… Continue reading HD Hyundai Records 30.8953 trillion won Revenue and 1.006 trillion won Operating Profit in H1
German Handelsblatt: Car company: Mercedes earns almost 7.7 billion euros – but sales in China are shrinking007344
Mehr Optimismus in Stuttgart Ola Källenius, Vorstandsvorsitzender von Mercedes-Benz Group AG, setzt die Jahresziele seines Unternehmens hoch. (Foto: dpa) Strikte Kostendisziplin und boomende Nobeltransporter beflügeln das Geschäft von Mercedes-Benz. Der Stuttgarter Autobauer konnte seinen Reingewinn im ersten Halbjahr auf 7,7 Milliarden Euro steigern. Das entspricht einem Plus von 13 Prozent im Vergleich zum Vorjahr. Der Umsatz… Continue reading German Handelsblatt: Car company: Mercedes earns almost 7.7 billion euros – but sales in China are shrinking007344