Thursday 22. April 2010
New issue of Heidelberg News
Lean manufacturing – getting fit to combat the recession
Business News
Thursday 22. April 2010
Media General Reports First-Quarter 2010 Results
Media General, Inc. (NYSE:MEG) today reported a strong year-over-year increase in operating income for the first quarter of 2010. Operating income was $8.7 million, compared with a loss of $11.6 million in the first quarter of 2009.
Thursday 22. April 2010
HP Appoints New Senior Leaders Across Company, Including Enterprise Business
HP today announced a series of senior appointments across the organization.
Thursday 22. April 2010
Axel Springer expands portfolio in online classifieds markets
Axel Springer AG is reinforcing its positioning in the core business of online classifieds markets. The company is acquiring a 51 percent stake in the online enterprise ‘Umzugsauktion’ based in Freiburg, Germany, through its wholly-owned subsidiary Immonet.de . The companys founders, Franz Jelinic and Sebastian Palos, are set to retain an interest of 49 percent and continue running the enterprise.
Thursday 22. April 2010
Axel Springer sells its stake in CORA Verlag
Axel Springer AG has sold its 50 percent stake in the Hamburg-based publisher CORA Verlag to the former joint venture partner Harlequin Enterprises. This subsidiary of the Canadian media group Torstar will now hold all the equity in CORA, one of the leading German publishers of romance literature.
Thursday 22. April 2010
WEILBURGER Graphics reinforces export business
New branch in Spain and new sales office in the emirate Sharjah
Thursday 22. April 2010
Stora Enso divests its Kotka Mills to OpenGate Capital
Stora Enso has signed an agreement to sell its integrated mills at Kotka in Finland and its laminating paper operations in Malaysia to private equity firm OpenGate Capital to focus Stora Enso’s business portfolio as announced on 19 August 2009. The total consideration including earn-out is up to EUR 24 million. Stora Enso has recorded a write down of EUR 23 million relating to working capital and fixed assets as non-recurring items in its first quarter 2010 results. The divestment is expected to be finalised during the second quarter of 2010.