The Executive Board of the technology company Continental decided to undertake one of the largest organizational realignments in the company’s history. In doing so, the Dax-listed company will continue to grow faster than its relevant markets and take full advantage of new potential for expansion in the key future areas of mobility.
The site crew working with tunnel boring machine »Käthchen« (»Katie«) has completed the second tube of the Bossler tunnel. The breakthrough near Mühlhausen im Tale in Baden-Württemberg is another milestone in the construction of the Stuttgart-Wendlingen-Ulm railway line. The Bossler Tunnel is part of the Stuttgart-Ulm railway project and is expected to go into operation in 2022.
Construction of the two tubes was carried out differently than initially planned. The TBM (Ø 11,340 mm) was able to excavate almost the entire route. At up to 38 meters per day, the work progressed extremely quickly.
Dr. Heinrich Hiesinger had asked the Supervisory Board to end his mandate as the CEO of Thyssenkrupp AG in mutual agreement. This is what Dr. Heinrich Hiesinger and the Supervisory Board agreed.
With the completely redesigned Bauer BG 15 H, Bauer Maschinen GmbH is breaking new ground in the ValueLine. This state-of-the-art innovation specifically fulfills the requirements of a highly functional and cost-effective machine in the small drilling rig segment and also scores with extremely compact transport dimensions. Increased efficiency, increased mobility, increased flexibility, increased comfort – the Bauer BG 15 H is a clear statement of functionality and, at the same time, offers all the advantages needed to face the challenges of small construction sites.
An exciting journey through time to yesterday, today and tomorrow
Bauer Aktiengesellschaft (ISIN DE0005168108) is planning an important change in the company's management structure. After 24 years as Chairman of the Management Board of Bauer AG and 32 years at the head of the Bauer Group, Prof. Thomas Bauer now wishes to pass on the management of the company to younger hands and thereby to leave the Management Board.
For three decades, Johann Mesch was at the top of Bauer Umwelt and, since 2010, of Bauer Resources GmbH. On April 1, he left his post and since then Peter Hingott (chair.) und Dr. Roman Breuer have formed the new dual leadership. But although he has definitely earned his retirement, Johann Mesch is not saying goodbye just yet. He has taken on interim management post for the Bauer Training Center GmbH and will remain available to take on special tasks from Bauer Resources.
Atlas Copco, a leading provider of sustainable productivity solutions, has inaugurated an expanded innovation center in Bretten, Germany. The center will meet growing customer demand for testing and developing innovative joining technologies.
According to the final business figures for 2017, SMT Scharf AG (WKN 575198, ISIN DE0005751986) has achieved significant growth in its revenue and results over the past fiscal year. SMT Scharf increased its consolidated revenue significantly by 22.6% to EUR 52.1 million (2016: EUR 42.6 million). At the same time, the company achieved an operating result (EBIT) of EUR 4.5 million (2016: EUR 2.5 million), which reflects growth of 84.2%. All in all, SMT Scharf raised its consolidated net profit substantially to EUR 4.0 million year on year (2016: EUR 1.5 million).
SMT Scharf AG (WKN 575198, ISIN DE0005751986) has indirectly acquired an interest in 100 percent of the shares in RDH Mining Equipment, based in Alban, Canada, through its wholly-owned subsidiary SMT Scharf Corporation, also based on Alban, Canada. With this acquisition, SMT Scharf AG is further pursuing its corporate strategy and strengthening its market position as an integrated system provider in the underground logistics area. The purchase price amounts to around CAD 8.0 million (corresponding to approximately EUR 5.17 million).
Innovative solution fulfills eco design requirements, improves reliability, saves energy costs and reduces overall maintenance costs for mining and cement operators.
Oil from Emlichheim has a future
The remediation project on the former site of the Kesslergrube landfill (perimeter 1/3 northwest) began in late summer 2015. Roche Pharma AG commissioned Bauer Resources GmbH and Bauer Umwelt, which specializes in contamination remediation, to carry out the work. After the large diameter boreholes for the installation of a secant bored pile wall had been concluded by Bauer Spezialtiefbau GmbH last year and the air-tight, sound-insulated enclosure was completed at the beginning of October, the time had come: the regular excavations started after a short trial operation in December 2017. These are scheduled to be concluded by 2020.
LIQUI MOLY bekommt einen neuen Eigentümer. Zum Jahreswechsel verkauft der geschäftsführende Gesellschafter Ernst Prost seine Unternehmensanteile an die Würth-Gruppe. „Damit stelle ich den Fortbestand von LIQUI MOLY und Méguin für eine Zeit sicher, wenn ich selbst einmal nicht mehr am Steuerrad stehen sollte“, so Ernst Prost. Er bleibt weiter Geschäftsführer des Unternehmensverbunds.
Together with Bung Ingenieure, Arup will plan the new construction for the extension of Federal Highway 58n near the town of Wesel in the Lower Rhine area. The new section of the route is to be completed within four years. The total investment volume is € 80 million.