SMT Scharf AG (German Securities Code (WKN) 575198, ISIN DE0005751986) generated significant revenue and earnings growth based on preliminary results for the first half of the year, and is adjusting its previous forecast for the 2021 fiscal year accordingly.
Artificial intelligence quickly finds the right data and optimises search results in the process.
Search engines like Google and others show the way: Enter keywords or a short question and the result you are looking for is there. The "KISS42" project promises the answer to all operational questions for RAG. In cooperation with an interdisciplinary RAG team, the start-up ambeRoad from Aachen developed the intelligent search engine amberSearch - designed for the specific data and requirements of the company. It not only helps to make research in RAG's documents efficient for employees, but above all to make the archived knowledge from 150 years of coal mining usable for current operational tasks. ambeRoad was founded by Bastian Maiworm, Philipp Reißel, Julian Johannes Reinauer and Igli Manaj.
Femern A/S has prequalified three consortia to compete for the contract to establish a large transformer station to supply the Fehmarnbelt tunnel and the railway between Denmark and Germany with green electricity. The transformer station will also have the capacity to power electric vehicles.
Zinnwald Lithium plc, the German focused lithium development company, announced that it has entered into a binding agreement to acquire the 50 per cent. of Deutsche Lithium GmbH ("Deutsche Lithium") that it does not already own for a total consideration of €8.8 million to be settled with a cash payment of €1.5 million and the issue of approximately 50 million new ordinary shares of 1 pence each ("New Ordinary Shares") (the "Acquisition"). Deutsche Lithium is developing the advanced Zinnwald Lithium Project in Germany ("Zinnwald" or the "Project"). The Acquisition gives the Company full ownership and operational control of the Project and is in line with its corporate objective to become a key supplier to the European lithium market.
PAUS GmbH, well-known manufacturer of specialized underground mining equipment has expanded its network: Effective April 1, PAUS North America Inc. was found in Walton Hills, OH.
Die PAUS GmbH, bekannter Hersteller von Spezialgeräten für den untertägigen Bergbau, hat sein Netzwerk erweitert: Mit Wirkung zum 1. April wurde in Walton Hills, OH, die PAUS North America Inc. gegründet.
Solmax is expanding its state-of-the-art manufacturing capabilities in Rechlin, Germany to produce PolyLock and Interlock high-density polyethylene (HDPE) profiles – extruded HDPE concrete embedment strips that allow engineers and installers to securely and reliably set and anchor Solmax geomembranes into wet concrete.
The geosynthetic manufacturer Naue offers a new design software on its website. The Naue Platform Software provides a quick and simple design tool for geogrid stabilised and reinforced working platforms. The correct design of working platforms is decisive for the stability and the operational safety on the platform.
Innovation project subsidized by the German state of Lower Saxony
Fugro has completed a nearshore geotechnical investigation for the Fehmarnbelt Tunnel, the world’s longest immersed tunnel that will connect Denmark and Germany by road and rail. The client was Femern Link Contractors, the consortium building the 18 km tunnel that will reduce travel time between the two countries and contribute to a greener transport system.
In the heart of Wolfratshausen, a Bavarian town approx. 30 km south of Munich and 10 km east of Lake Starnberg, a new residential complex with additional commercial spaces is currently under construction: the future “Loisach Quartier”. Plans for the southern section include construction of a new supermarket and 47 apartments along with a two-story underground garage, while the northern section includes an apartment building with 70 apartments and another underground garage.
Holger Riemensperger appointed as new member of the Board of Executive Directors
Geosynthetic manufacturer Naue and the Dutch company Prosé Geotechniek are announcing the joint venture Naue Prosé.
In the crisis year 2020, production in the mechanical and plant engineering sector fell by 12.1 percent in real terms, according to preliminary calculations. This was the worst result since the financial crisis of 2009.
Vössing Engineers have awarded Fugro a geotechnical and water consulting contract to support the route planning, permitting and installation of 106 km of underground power cables on Section 2 of Germany’s new Suedlink powerline.
Implenia, together with project partner Hochtief, has been awarded the contract to build the 2.2-kilometre-long Altona noise protection tunnel on the A7 motorway in Hamburg. The net contract is worth a total of around EUR 580 million. Implenia will take the commercial lead on the project, working as part of a joint venture in which Hochtief has the technical lead.
In April 2020, Thyssen Schachtbau GMBH received an order from RAG Aktiengesellschaft to convert the remaining nine mine drainage sites in the Ruhr area and one site in Saarland as part of the mine water concept for the future.
December fourth is the feast day of Saint Barbara. There is a vivid legend about this saint. Apparently, Saint Barbara was a maiden of great beauty whose father locked her in a tower to remove her from many ardent suitors who were not to his liking. He also wanted keep her from indulging in a habit of constantly helping the poor.
In Germany there is a great tradition in St. Barbara's Day.
Export figures for the mechanical engineering industry in Germany are further improving. The lowest point in machinery exports has been overcome. However, patience and efforts are still needed in business and politics before the pre-crisis level is reached.