Otto: New headquarters in Hamburg
Investment of more than 100 million euros The mail order company Otto opened its new headquarters in the middle of last week. The building is located in Hamburg-Bramfeld on the Otto Group campus. According to the retail company, it has invested over 100 million euros in its new headquarters. It is a strong commitment to the Hamburg location. In the future, [...]
Mahle receives major orders
Thermal management modules for a total of almost 1.5 billion euros Mahle has received two new major orders for thermal management modules. According to the technology group's press release, the two projects have a combined order volume of almost 1.5 billion euros. According to the Stuttgart-based company, one of the orders is the largest single order in the company's history. According to the press release, this comes from [...]
Use of AI for efficient healthcare solutions
Bayer and Google Cloud join forces to optimize radiology The multinational chemical and pharmaceutical company Bayer and the cloud computing platform Google Cloud have jointly developed solutions for radiology using artificial intelligence. These should enable better patient care in the future. According to the information provided, Bayer is expanding its innovation portfolio using Google Cloud technology. The aim is to [...]
Beiersdorf raises annual forecast
Higher Group sales in the first quarter of 2024 Beiersdorf AG recently announced a good start to the 2024 financial year. According to its press release, the Hamburg-based Group generated sales of €2.6 billion in the first quarter. This corresponds to organic growth of 7.3% compared to the first quarter of 2023. For the Consumer business segment, Beiersdorf is forecasting [...]
Kuka: Major order from VW
Robots for Volkswagen in Spain Volkswagen is buying more than 700 robots from Kuka. The two companies have concluded a framework agreement for this, as the Augsburg-based technology group recently announced. According to the agreement, the machines are to be delivered to Volkswagen this year and in the next two years. Use in body-in-white production The robots are destined for Volkswagen Navarra in [...]
Haniel: Continuation of the transformation
Realignment of the Supervisory Board and Management Board Haniel is realigning its Supervisory Board and Management Board for the future. The family-owned conglomerate recently reported on this. According to its own statement, the company consistently continued its transformation last year in a challenging macroeconomic environment. In 2023, Haniel was able to increase its revenue by 5 percent compared to the previous year to [...]
Rheinmetall: New plant in Hungary
Production for civilian and military business areas The Düsseldorf-based technology group Rheinmetall is building a new factory in the Hungarian city of Szeged. According to the company, this is a so-called hybrid site. According to the press release, it will be used for both the civilian business and the Group's defense technology activities. According to the company, the site is [...]
Kuehne + Nagel changes organizational structure
More customer proximity and increased flexibility planned Kuehne + Nagel is streamlining its organizational structure. At the same time, customer proximity is to be strengthened, according to a press release issued by the international logistics group. The Board of Directors of Kuehne + Nagel International AG has decided on a new direct reporting channel for the country organizations. The company expects this to further increase efficiency and [...]
HHLA transports relief supplies to Odessa
Hamburg-Odessa port bridge to support the civilian population Hamburger Hafen und Logistik AG (HHLA) reports that it transported relief supplies to a children's hospital in Odessa last month. The goods were collected by the "Hafenbrücke Hamburg-Odessa" campaign alliance. This consists of several Hamburg aid organizations, companies and associations, including HHLA. In Odessa, the humanitarian coordination team of the [...]
Lapp: First sustainable line
Reducing the carbon footprint by 24 percent The Lapp Group, a family-owned company specializing in the manufacture and sale of electrical engineering solutions, wants to improve the carbon footprint of its own products and processes. To this end, Lapp has already presented a prototype of cables with bio-based sheathing in 2023. Due to the high prices of sustainable materials, the company has decided to [...]