ROUNDUP: Evotec confirms annual targets after cyber attack – but uncertainties
HAMBURG – The pharmaceutical researcher Evotec (EVOTEC SE) is sticking to its annual goals despite a cyber attack. However, the effects of the attack on the forecasts cannot be ruled out, the Hamburger said on Saturday night. Operating profit is expected to continue growing significantly after high costs weighed on 2022. At the start of the new year, it was only said that it had gone well. Details should then be given with the half-year figures at the beginning of August. Evotec recently had to leave the MDax due to the cyber attack delaying the publication of its certified annual report for 2022, but it should now return to the index of medium-sized stocks in the near future. Evotec expects this to take place on June 19 in the course of a so-called Fast Entry.
Rheinmetall founds joint venture with Ukrainian armaments group
DÜSSELDORF – The German armaments manufacturer Rheinmetall is founding a joint venture with the Ukrainian state-owned company Ukroboronprom. The joint venture is scheduled to start work in mid-July, as Rheinmetall announced in Düsseldorf on Saturday. In a first step, military vehicles that were made available to Ukraine through ring exchange projects by the German government and through direct deliveries are to be repaired, it said. The joint manufacture of selected Rheinmetall products in the Ukraine is planned later.
ROUNDUP: Warning strike on the railways canceled – settlement before the labor court
BERLIN – The planned 50-hour warning strike on the railways has surprisingly been called off. Deutsche Bahn and the railway and transport union (EVG) agreed to a settlement before the labor court in Frankfurt am Main, as both sides and the court announced on Saturday. “Against this background, we have suspended the strike at DB AG for the time being,” said the EVG. Hessischer Rundfunk had previously reported on the agreement.
A third of the long-distance trains are canceled on Monday
BERLIN – Despite the cancellation of the warning strike, numerous regional and long-distance trains of Deutsche Bahn will be canceled at the beginning of the week. Around two-thirds of the planned long-distance trains will run on Monday, DB announced on Sunday. There were also “individual train cancellations” on Sunday evening. “From Tuesday, all ICE and IC trains will be back on the road as planned,” announced the state-owned group.
Media supervisors examine Berlusconi Group’s stake in ProSiebenSat.1
MUNICH – German media regulators are investigating whether the Italian TV group Media For Europe (MFE) to Silvio Berlusconi gaining too much power in the media sector by increasing its stake in ProSiebenSat.1 (ProSiebenSat1 Media SE). This was confirmed by the Bavarian State Center for New Media (BLM) on Friday. The television company ProSiebenSat.1 had previously published that MFE had increased its stake in the Unterföhringer from 22.72 percent of the share capital to 25.73 percent.
ROUNDUP: Tesla needs to update software on 1.1 million cars in China
BEIJING – The electric car maker Tesla has to fix a possible security risk in just over 1.1 million vehicles in China with a software update. The state agency for market regulation spoke on Friday (local time) of a product recall that will begin on May 29. A total of three imported and two China-made Tesla models that were produced from January 2019 to April 2023 are affected.
Liquor company Pernod Ricard wants to stop business in Russia
PARIS – The spirits manufacturer Pernod Ricard no longer wants to sell its alcohol in Russia. At the end of April, the export of all international brands was stopped, the Paris-based group announced on Friday. The company offers Jameson, Absolut and Havana Club, among others. They also want to end the sale of their own products in Russia, it said. It is expected that this process will take a few months. According to the French media, there had previously been excitement in Sweden about the export of Absolut to Russia and pressure on the group.
Obligation to reusable offers: Environment Minister calls for more controls
BERLIN – Federal Environment Minister Steffi Lemke is pushing for stricter controls on the multi-way offer obligation in the hospitality industry, which has been in force since the beginning of the year. Restaurants, bistros and cafés that sell takeaway food and drinks must therefore also offer their products in reusable packaging. “It still doesn’t work well enough everywhere,” said Green politician Lemke of “Bild am Sonntag”. “The restaurateurs are asked to also fulfill their legal obligation to refill, and municipalities and federal states should control them much better.” That saves valuable raw materials, “and less waste will end up in the landscape”.
Customer note:
ROUNDUP: You read a summary in the company overview. There are several reports on the dpa-AFX news service on this subject.
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