WOLFORD AG with new Chinese strategic core shareholder

  Fosun Industrial Holdings Ltd purchases majority stake in Wolford AG, commits to subscribe for a capital increase of EUR 22 million, and intends launching a takeover offer Austrian Wolford AG announces the completion of the signing of agreements on March 1, 2018 as follows. The intention of signing such agreements was published by means … More WOLFORD AG with new Chinese strategic core shareholder

Swiss Schweiter – 2017 growth in revenues and a sharp rise in net income

Schweiter Technologies generated another year of revenue growth and a sharp rise in net income for the 2017 financial year Net revenue from continuing operations increased 7 % (+6 % in local currencies) to CHF 980.2 million (prior year: CHF 917.5 million). Organic growth was 4 %. Group EBITDA grew to CHF 114.4 million (prior … More Swiss Schweiter – 2017 growth in revenues and a sharp rise in net income

The perfect travel companion

For many designers, Covestro’s new CFRTP composites (continuous fibre-reinforced thermoplastics) are a welcome relief from the burdensome limitations that have thus far been associated with the use of traditional carbon-fibre-reinforced, lightweight materials. Impact-resistant polycarbonate matrix, high-quality feel, stylish surface and above all extreme durability as a result of customized, automatically placed carbon tapes: Thanks to … More The perfect travel companion

EXPO 4.0: Trade Fair combination EXPO 4.0 impresses again

566 exhibitors from 28 countries showcased their products to around 13700 trade visitors from 41 countries and satisfaction with the high level of visitor quality A successful EXPO 4.0 came to its conclusion February 24, 2018. Over three days, 566 exhibitors from 28 countries presented their products to around 13700 visitors from 41 countries. The … More EXPO 4.0: Trade Fair combination EXPO 4.0 impresses again

OECD highlights serious weaknesses in the fight against illicit trade

Ability by criminal networks to move goods undetected pose consumer and business risks Inconsistent penalties, insufficient checks on small parcels, and a lack of information on shipments in free trade zones allow criminal networks to traffic billions of Dollars worth of fake and prohibited goods each year.  Today, the OECD introduced a new phase in … More OECD highlights serious weaknesses in the fight against illicit trade