Tchibo: Price increase for roasted coffee
Coffee roaster adjusts prices Tchibo reacts to increased costs. According to the long-established Hamburg-based company, green coffee is also more expensive. Tchibo is therefore now increasing the prices for its roasted coffee. The coffee supplier announced this on Tuesday. According to the press release, prices are to be raised by between 50 cents and 1.00 euro per pound, depending on the variety and country of origin. [...]
Siewert & Kau: Efficient and sustainable logistics infrastructure
Expansion of logistics space by 23,000 square meters The German company Siewert & Kau, which operates in the IT distribution sector, has expanded its logistics space in Bergheim by 23,000 square meters to 43,000 square meters plus a further 2,500 square meters for office space. Construction work began in summer 2022 and has now been completed. This expansion is intended to strengthen the [...]
Pipeline for green hydrogen from Rostock to Lubmin
Tapping into regional potential in Mecklenburg-Vorpommern Gascade, a German transmission system operator (TSO) specializing in the transport and storage of natural gas, is planning to complete a new hydrogen pipeline between Rostock and Lubmin by 2028. This will supply the surrounding regions with green hydrogen from the HyTechHafen Rostock in the future. For this project, Gascade and rostock EnergyPort [...]
Novo Nordisk buys German biotech company
Over one billion euros for the acquisition of Cardior Novo Nordisk acquires the Hanover-based biotechnology company Cardior Pharmaceuticals. According to Novo Nordisk, this will strengthen its product pipeline in the field of cardiovascular diseases. As the two companies announced on Monday, an agreement to this effect has been reached. Accordingly, the purchase price will amount to up to 1.025 billion euros. In [...]
Annual Report 2023 of Hapag-Lloyd
EBIT falls to 2.5 billion euros The Hamburg-based shipping company Hapag-Lloyd has published its annual report for 2023. It records a sharp decline, which was reportedly expected. EBITDA amounted to 4.5 billion euros, EBIT to 2.5 billion euros and the consolidated result to 3 billion euros. Rolf Habben Jansen, [...]
PALIFINGER opens site in Perth
Australia plays an important role in the future of the marine industry The international technology and engineering company PALIFINGER is one of the leading producers and suppliers of crane and lifting solutions used in the marine sector, among others. The company is now announcing the opening of its first site in the Australia and New Zealand region. With the new location in Perth, Western Australia [...]
E.ON increases investments for energy transition
Billions invested in energy networks and energy infrastructure solutions E.ON recently presented its business figures for 2023. According to the press release, the energy company was able to continue its growth trajectory in 2023. According to its own statement, E.ON achieved a result for the full year that is significantly higher than the previous year's figure. At the same time, the Essen-based company announced that it would increase its medium-term investments by around 30 percent [...]
Duisport Group founds Duisport logistics & port services
Merger of various logistics services into one unit The Duisport Group announces that it will merge the Duisport agency, Duisport facility logistics and Bohnen Logistik divisions into one unit under the name Duisport logistics & port services. The merger is expected to be completed by the end of August 2024 and will apply retroactively from January 1, 2024. According to the press release, [...]
Best consultants 2024
Specialist consultants have arrived in the industry: Kloepfel Consulting named "Best Consultants" for the ninth year in a row Düsseldorf, 14.03.2024 - Since 2014, the "Best Consultants" award from brand eins and Statista has highlighted how important specialist consultancies are for the economy. Management consultancies with a special focus and outstanding expertise for special cases are increasingly being recognized by [...]
Otto Group: Change of management
Michael Otto hands over to Benjamin Otto The Otto Group recently announced that there will be a generational change at Hamburg's largest retail company in 2026. Accordingly, Michael Otto will hand over the management of the Otto Group to his son Benjamin Otto in 2026. According to the press release, Benjamin Otto will then become Chairman of the Board of Trustees of the Michael Otto Foundation, which [...]