Still Infineon boss Ploss is to become chief supervisor at Knorr-Bremse
MNICH – The truck and train brake manufacturer Knorr-Bremse is to get a new supervisory board chairman in the form of the outgoing Infineon boss Reinhard Ploss. On Friday, Knorr-Bremse announced in Munich that the control committee would propose the manager as a new member of the Supervisory Board at the Annual General Meeting on May 24. It is planned to then elect Ploss as chairman, who would then succeed the current chief inspector, Klaus Mangold. As planned, he will resign after the general meeting and leave the board. “Manager Magazin” had already reported on the forthcoming step.
ROUNDUP: No woman on the board – head of engine manufacturer Deutz has to resign
KLN – The boss of the Cologne engine manufacturer DEUTZ has to vacate his post after differences about how to deal with the requirements for more women on executive boards. The Chairman of the Management Board, Frank Hiller, was unanimously dismissed from the Management Board by the Supervisory Board, Deutz AG announced on Saturday evening. He is retiring with immediate effect. His position will be taken over by the previous Chief Financial Officer and Labor Director Sebastian Schulte, who will continue to manage his previous areas on an interim basis. The supervisory board has already set up a process to fill the vacancy on the executive board with a woman in accordance with the Second Management Positions Act.
ROUNDUP: Allianz wants to take over Greek insurer European Reliance
MUNICH – The insurance group Allianz wants to take over a Greek industry colleague. As part of a share purchase agreement, 72 percent of European Reliance (European Reliance General Insurance) is to be acquired, as the company announced late Friday evening. Allianz is spending a total of 207 million euros for this and for the subsequent voluntary takeover offer to the remaining Reliance shareholders.
Thanks to double packer Reus: BVB reacts to a 3-0 win in Berlin
BERLIN – Led by a strong-playing Marco Reus, Borussia Dortmund (BVB (Borussia Dortmund)) have made amends and reduced the deficit to leaders FC Bayern Munich to six points. The Dortmund captain scored two goals (18th/25th minute) in the 3-0 (2-0) win at 1. FC Union Berlin for Borussia, who, like the 2-5 defeat against Bayer Leverkusen, were without top striker Erling Haaland had to get by. Raphael Guerreiro increased the lead to 3-0 in the second half (71st). In front of 10,000 spectators, the Kpenicker could not extend their impeccable record of two Bundesliga home wins against the second in the table and slipped out of the Champions League ranks on the 22nd matchday.
Biontech/Pfizer for infants in the US is delayed
WASHINGTON – The German company Biontech (BioNTech (ADRs)) and its US partner Pfizer want to update their application for emergency approval of their corona vaccine for children under the age of five, which they submitted to the US Food and Drug Administration in early February. Biontech and Pfizer announced on Friday that data on studies with a third dose should be included. The FDA then said that a meeting of an advisory committee on this topic, which was actually planned for February 15, would now be postponed for the time being.
Novavax Announces Results of Vaccine Trial in Adolescents
GAITHERSBURG – The US vaccine manufacturer Novavax says it has successfully tested its vaccine against Covid-19 in young people between the ages of 12 and 17. According to the results of a phase 3 study, the effectiveness of the drug is 82 percent, the manufacturer announced on Friday. The study involved around 2,247 adolescents between the ages of 12 and 17 in the USA – albeit at a time when the delta variant of the virus was still predominant, not the omicron variant. The vaccination was well tolerated.
‘SZ’: Telegram blocks more than 60 channels
BERLIN – In response to pressure from the federal government, the communications service Telegram has blocked dozens of channels, according to a newspaper report. This also includes that of the right-wing conspiracy storyteller Attila Hildmann, reported the “Sddeutsche Zeitung” (“SZ”/Saturday), citing security circles. The closure was due to pressure from the Ministry of the Interior and the Federal Criminal Police Office (BKA). The BKA sent corresponding deletion requests to Telegram, 64 had been taken into account so far.
Association: Consumers are spending more money on e-cigarettes this year
BERLIN – After a severe slump in sales during the Corona period, sellers of electronic cigarettes are expecting business to pick up again this year. The Association of the E-cigarette trade (VdeH) forecasts sales of 300 million euros for 2022, which is 20 million euros more than in the previous year. Association managing director Oliver Pohland justified the slight increase with stock purchases: Many consumers would probably go on a shopping spree before a tax reform takes effect in July and e-cigarettes are likely to become more expensive.
Survey: Fifth of the population does not have liability insurance
MUNICH – In Germany, a good fifth of the adult population has no private liability insurance. This was determined by the Yougov survey institute in a representative survey published on Sunday. According to this, 76 percent of the 2145 participants said that they had private liability insurance, 20 percent said no, and the rest did not answer. The survey was commissioned by the Munich online portal Check24, whose main business areas include the sale of insurance policies.
Liquid gas terminal Brunsbttel further into the distance
BRUNSBTTEL/KIEL – The planned construction and operation of a terminal for liquefied natural gas (LNG) in Brunsbttel in Schleswig-Holstein is moving further into the distance. Around four years after the project was presented, there is still no date for a final investment decision, as a spokeswoman for the project sponsor German LNG Terminal GmbH told the German Press Agency. It is a very complex, costly and long-term investment. “In times of the corona pandemic, it is more difficult than ever to make reliable statements about the exact timing of the project, so we continue to refrain from doing so.”
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Additional Reports
-Meyer-Werft docks cruise ship ‘Disney Wish’
-Zorc: No discussions about coach Rose at BVB
-ROUNDUP/Baerbock: Arms exports to Egypt dependent on human rights
-ROUNDUP 2: Switzerland must restrict tobacco advertising – media package rejected
– Austria’s government does not rule out the suspension of compulsory vaccination
Interior Minister Faeser: Bavaria should implement compulsory vaccination
-Working time equalization in the East is progressing – partly zhes rings
-ROUNDUP/unvaccinated shopping and more: what politicians want – what doctors warn about
-Bahn expands AI project for more efficient S-Bahn operations
-Klner Rosenmontagswagen in the stadium, on the squares and on television
Customer note:
ROUNDUP: You are reading a summary in the company overview. There are several reports on the dpa-AFX news service on this subject.
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