Transformation at Mercedes-Benz
Measures to boost performance at the Stuttgart-based car manufacturer. Mercedes-Benz Group AG recently unveiled a major product and technology offensive. The Stuttgart-based car manufacturer also presented various measures to boost performance. Ola Källenius, Chairman of the Board of Management of Mercedes-Benz Group AG, explained: „Mercedes-Benz is an iconic brand. Our responsibility is to unlock its full potential. To achieve this, we are launching the biggest [...]
BP wants to become a more valuable company
Looking for a potential buyer for Ruhr Oel GmbH – BP Gelsenkirchen. BP continues to pursue a global strategy to become a simpler, more focused, and higher-value business. In this context, BP Europa intends to explore a potential sale of Ruhr Oel GmbH – BP Gelsenkirchen. In its press release, the company emphasizes that this plan [...]
Kion with new efficiency programme
Strengthening resilience despite a good financial year 2024 The Kion Group AG has launched a new efficiency programme. Following a successful financial year 2024, Kion intends to secure its existing momentum and retain its scope for investment, according to its press release. At the same time, Kion aims to further expand its leading market position in a rapidly changing macroeconomic and geopolitical environment. […]
Henkel divests American business units
Sale of private label business in North America The consumer goods and chemicals company Henkel is selling its private label business in North America to a subsidiary of First Quality Enterprises, LLC, based in Great Neck, New York. An agreement to this effect has been signed, Henkel recently announced. The sale, according to Henkel, is part of the [initiative] announced in February 2022 [...]
SME Cleanfix conquers India – 10 lessons for Western companies
Swiss cleaning machine manufacturer Cleanfix has built a new assembly plant in India. Cleanfix was supported in this by an expert team of engineers, supply chain specialists, and buyers from Projekt Professionals and Kloeckner Services. The consultants have derived 10 valuable lessons from the project for other medium-sized companies. Why India? Cleanfix, known for robust and innovative cleaning machines, chose India […]
Bosch with a sharp drop in profits
Economic realities hit technology group Bosch recently presented preliminary business figures for 2024 and reported a difficult development. According to them, sales in 2024 fell nominally by one percent to 90.5 billion euros compared to 2023. The operating EBIT fell to 3.2 percent. In the previous year, according to the 2023 annual report, the group still achieved an operating EBIT [...]
Expensive coffee
Tchibo increases prices on February 17, 2025 The coffee roaster Tchibo has recently announced a price increase for its coffee. The traditional company will raise prices by between 50 cents and €1.00 per 500 grams of roasted coffee, depending on the variety, from February 17. As an example, the coffee provider cites €8.99 as the new price for 500 […]
Intersport reports market share gain
Successes through Omnichannel Strategy and Digitisation of the Value Chain The purchasing cooperative Intersport, which operates in the sports retail sector, has recently announced an increase in market share for Germany. According to its press release, Intersport Germany outperformed the market in the 2023/2024 financial year. The company, with more than 1,400 stores, achieved a turnover of 3.46 billion euros. Difficult market environment „We are […]
Sony expands its partner network
International Strategic Alliances for Professional Display Solutions Sony is continuously strengthening its network of partners for audiovisual technology. As the Japanese technology group reports, its so-called AV Alliance Network grew by 23 new members in 2024. With this, Sony is further expanding its ecosystem around its Bravia Professional Displays, the company writes in a press release. Sony emphasises, […]
Boat Düsseldorf 2025
World's largest yacht and watersports exhibition. The watersports industry is back in Düsseldorf for Boot since Saturday. According to the organiser, Messe Düsseldorf GmbH, visitors can find a wide variety of boats, dinghies, superboats and luxury yachts at the exhibition centre until 26 January. With over 200,000 visitors from more than 100 countries and 1,500 exhibitors in [...]