One. An heiress who has denounced the shortage of wealth and inheritance taxes in Austria donated most of her cash, $27 million, to 77 organizations, together with social and local weather teams in addition to distinguished leftists. Marlene Engelhorn, 32, has been criticizing her lucky start for years, which led her to inherit tens of … Read more
AFPEA BASF factory in Schwarzheide in East Germany NOS Nieuws•gisteren, 23:18 BASF, the largest chemical group in the world, is withdrawing from the Chinese region of Xinjiang. The decision follows heavy criticism against the German company. It is said to be involved in “gross abuses” against the Uyghur population in the area. The accusation emerged … Read more
The winter can come. The Krefeld foundry Siempelkamp has just completed its test runs in the event of an emergency where there could be no more gas. Although managing director Georg Geier does not expect another shortage, he is still prepared for the worst case scenario. His employees have practiced how they can preheat their … Read more
“HB’: BASF boss wants to sell parts of the company worth billions DÜSSELDORF – The chemical giant BASF With the change at the top management and in view of the poor business performance, the company is facing a larger sales program. Seven months before his departure, the current CEO Martin Brudermüller was pushing ahead with … Read more
Würth runs out of breath Sluggish economy is causing problems for German companies 08/19/2023, 06:08 p.m Although inflation is slowing down, it remains at high levels. Rising interest rates are making loans more expensive, and industrial production has surprisingly fallen recently. The specific effects of the sluggish economy are shown by the highlights of three … Read more
The world’s largest chemical concern BASF will cut 2,600 jobs globally. About two-thirds of them will be in Germany, the company reported, quoted by the world media. In 2022, BASF announced an austerity program due to the sharp rise in energy costs in Europe and the economic slowdown, Handelsblatt writes. The company plans to save … Read more
BASF develops a nitrification inhibitor that improves the harvest, also minimizes the environmental impact, reducing losses due to nitrogen washing by up to 65% and greenhouse gas emissions by up to 45%. Due to the development of the livestock sector in recent years, a considerable volume of slurry and manure is currently generated in Spain. … Read more
Reichstag in Berlin Anyone who wants can donate money to the state, but hardly anyone wants it. (Photo: IMAGO/serienlicht) Berlin Marlene Engelhorn is a descendant of the BASF company founder Friedrich Engelhorn, will inherit double-digit millions and would like to pay significantly more taxes. With about 60 other millionaires, she is involved in the “taxmenow” … Read more
Adidas-Chef Kasper Rorsted, Mercedes-Benz, Fresenius, BASF, RWE Many German companies are currently correcting their forecasts – both upwards and downwards. – (Photo: Fresenius, BASF, dpa) – – – – Düsseldorf On Tuesday, the division of the German economy became apparent within a few minutes. First, wind turbine maker Siemens Gamesa scaled back its revenue and … Read more
Düsseldorf Even if it’s cynical: wars and catastrophes are always expressed in cold numbers on the stock exchanges. It was the same after Putin’s attack on Ukraine. The German leading index Dax lost a good 15 percent after the Russian invasion. About three quarters of the losses have now been made up for, probably also … Read more