26.10.2018 Ι When do I have to apply for my vacation? Can my employer refuse it? Trade Union Lawyer Till Bender answers the most important questions about holidays – and explains what workers need to consider. How much holiday is mine? That depends, says the lawyer. By law, the employee in Germany receives a paid… Continue reading SO IT IS RIGHT!
Tag: M and A
SolarEdge Acquires Battery Maker Kokam
2 H BY MARK KANE SolarEdge, a solar inverter supplier, now will be able to produce ESS in-house. SolarEdge Technologies acquired this month Kokam – the South Korean manufacturer of lithium-ion battery cells, battery packs and energy storage systems. According to SolarEdge, about 75% of outstanding equity shares were bought for approximately $88 million, including… Continue reading SolarEdge Acquires Battery Maker Kokam
VW and Waymo?
According to unconfirmed media reports, Volkswagen plans to join Waymo. The car company Volkswagen looking for cooperation partners – that’s official. But it works around partner on the issue of liability. SEDRIC jury. Source: VW Along with Siemens you test the networking of crossing and in terms of networking you are also with Microsoft together… Continue reading VW and Waymo?
MAN becomes a pure truck manufacturer: VW pays two billion euros for MAN divisions
REUTERS Volkswagen takes over MAN’s transmission and marine diesel divisions The Munich-based truck manufacturer MAN is giving its traditional transmission and marine diesel lines for about two billion euros to the parent company Volkswagen Show stock market chart from. The spin-off of Augsburg-based Renk AG and generator manufacturer MAN Energy Solutions from the commercial vehicle… Continue reading MAN becomes a pure truck manufacturer: VW pays two billion euros for MAN divisions
Autoliv spinoff Veoneer delays sales, margin goals as auto gloom spreads
Jan Carlson: “We see some delays in the start of production and slower ramp-ups of certain customer models along with some slight delays in expected business.” Esha Vaish and Johannes HellstromReutersOctober 25, 2018 20:40 CET STOCKHOLM — Swedish supplier Veoneer pushed back its sales and margin targets on Thursday, blaming production delays at customers struggling… Continue reading Autoliv spinoff Veoneer delays sales, margin goals as auto gloom spreads
Volvo Cars reports third quarter and first nine months 2018 results
Volvo Cars reports third quarter and first nine months 2018 results CEO Håkan Samuelsson: Volvo Cars’ growth remained strong in the third quarter with a 14 per cent increase in retail sales and an 18 per cent revenue increase. Compared to last year, the profitability was influenced by product launch costs, higher tariffs… Continue reading Volvo Cars reports third quarter and first nine months 2018 results
Via Selected for On-Demand Public Transport Study in Timaru, New Zealand
Published October 25, 2018 2:19 am, Via NYC
Via Selected for On-Demand Public Transport Study in Timaru, New Zealand
Via has been selected by Environment Canterbury for a feasibility study that will provide a new on-demand public transport service in Timaru, New Zealand. During the research period, Environment Canterbury will collaborate with Via and the Timaru District Council to understand the needs of the community, whose use of existing public transit systems has steadily declined, and create an on-demand solution best suited for the town based on the results.
“We are delighted to join forces with Environment Canterbury and the City of Timaru,” says Daniel Ramot, co-founder and CEO of Via. “We have increasingly seen cities and towns ask how they can provide their residents with public transportation that radically improves the customer experience, and yet still achieves the same benefits of existing public transport. Via’s sophisticated on-demand transit technology is that solution for many cities, and we are excited to take part in this study to demonstrate how on-demand transportation solutions can benefit Timaru.”
For more information on Via’s partnership with Environment Canterbury in Timaru, please visit:
https://www.ecan.govt.nz/get-involved/news-and-events/2018/on-demand-public-transport-research-underway-in-timaru/
Read more
Magna Invests in Advanced Motion-control Software by Acquiring Haptronik GmbH
“Haptronik develops algorithms to enhance the control and feel of power systemsCutting-edge technology will strengthen Magna’s leadership in mechatronicsDeal will help Magna take power doors and liftgates to new levels of excellenceAURORA, Ontario, Oct. 25, 2018 (GLOBE NEWSWIRE) — Drivers and passengers will enjoy a more intuitive experience thanks to technology which relies on motion… Continue reading Magna Invests in Advanced Motion-control Software by Acquiring Haptronik GmbH
Volkswagen subsidiary TRATON refines portfolio
In the context of achieving capital market readiness of TRATON AG, Volkswagen AG and TRATON AG with consent of their respective corporate bodies today have agreed on the sale of the 76 % stake of MAN SE in listed Renk Aktiengesellschaft as well as the 100 % stake of MAN SE in MAN Energy Solutions… Continue reading Volkswagen subsidiary TRATON refines portfolio
World Premiere of the all-new T-Cross: Volkswagen expands its family of SUVs
The new T-Cross: a versatile and practical SUV model in the small car class An urban crossover vehicle with masculine design Four efficient turbocharged engines – three petrol and one diesel – meeting the Euro 6d-Temp emission standard World premiere in Amsterdam, Shanghai and São Paulo: Volkswagen presents its new T-Cross, the company’s first small… Continue reading World Premiere of the all-new T-Cross: Volkswagen expands its family of SUVs