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Lufthansa shares: Pilots are on strike at Lufthansa subsidiary Discover on Friday
The pilots at the Lufthansa subsidiary Discover Airlines are on strike this Friday (January 26th). A 24-hour strike is planned, according to a membership circular from the Cockpit union (VC)…
Galeria subsidiary Kisura files for bankruptcy
The crisis at the retailer Galeria Karstadt Kaufhof GmbH is spreading further. This week, the e-commerce subsidiary Kisura CS GmbH also filed for bankruptcy at the Essen district court. The…
Lufthansa share: Flight cancellations due to the strike at Lufthansa subsidiary Brussels Airlines
Due to a pilot strike, Lufthansa subsidiary Brussels Airlines had to cancel numerous flights on Saturday. According to the airline, connections to Germany were also affected. Among other things, flights…
Signa subsidiary promises further insolvency applications
Further bankruptcies are looming in the ailing real estate and trading group Signa owned by the Austrian investor René Benko. This emerges from a statement from Signa Development Finance in…
Fierce battle between Philips and US subsidiary: ‘parent company downplayed health damage caused by apnea devices’
Were Philips’ apnea devices “life-threatening”, as the company announced in the summer of 2021? Or were the health risks not too bad, as Philips later maintained? There was a heated…
1&1 share loses: United Internet subsidiary 1&1 releases its mobile phone network: Start in mini format
After a significant delay in expansion, the fourth German cell phone network is finally in the starting blocks. The telecommunications provider 1&1, which belongs to United Internet, wants to officially…
Dutch subsidiary of JD Sports files for bankruptcy
Sports Unlimited Retail, the parent company of sports stores Sprinter, Aktiensport and Perry Sport and the Dutch subsidiary of JD Sports, is said to have been declared bankrupt, Dutch media…
New head of finance at Signa subsidiary Internetstores
Stefanie Kniepen has taken on the role of Managing Director Finance at Internetstores. According to her own information on her profile on the career network Linkedin, Kniepen has been working…
HOCHTIEF shares weaken: HOCHTIEF subsidiary Cimic takes over construction of high-voltage grid in Australia
HOCHTIEF subsidiary Cimic has been awarded the contract for the western part of the planned new Humelink high-voltage network in Australia. The order volume amounts to more than 1.4 billion…
Belgian Galeria subsidiary not affected by Signa bankruptcy
After the Austrian real estate and trading company Signa Holding filed for bankruptcy in the middle of the week, which resulted in the insolvency of the Munich sporting goods retailer…