04172024Wed
Last updateTue, 16 Apr 2024 11am
>>

Evonik makes follow-on investment into In Ovo to support launch of gender-testing machine for eggs

Evonik has made a follow-up investment in the biotechnology start-up In Ovo through its venture capital unit. The investment comes as the young company reaches the commercialization stage for its technology and is bringing its gender-testing machine for eggs to the market.

Kongsberg Digital Finishing to be transformed into independent company

Planned investment and expansion for a brand with the rich heritage of half a century

A new era begins today (6 April) for Kongsberg, one of the most trusted and established names in the digital finishing industry, with its transformation into the standalone company Kongsberg Precision Cutting Systems ("Kongsberg PCS"). The conversion follows the acquisition of the business by OpenGate Capital.

Acquisition in Guadeloupe: Klingele continues successful internationalisation course

The Klingele Paper & Packaging Group, one of the leading independent manufacturers of corrugated base paper and corrugated packaging, has acquired the Société Guadeloupéenne de Carton Ondulé (SGCO) production site on the French island of Guadeloupe in the Caribbean from International Paper Company, one of the world's leading manufacturers of packaging, pulp and paper products based on renewable fibres.

Annual General Meeting of Bobst Group SA on 30 March 2021: approval of all proposals

The shareholders of Bobst Group SA have approved all proposals of the Board of Directors, including the annual report and the accounts, the discharge of the members of the Board of Directors, the appropriation of the available earnings, the composition of the Board of Directors and the Remuneration and Nomination Committee, the remuneration for the Board of Directors (AGM 2021-AGM 2022) and the Group Executive Committee (fiscal year 2022), the external auditors, and the independent representative.

Continental bundles competences for functional printing under one roof in Freiburg

Prototypes for applications and services of the future: from intelligent packaging with touch display and biosensor technology, printed electronics to futuristic car interiors
State-of-the-art technology and cooperation partners enable innovations: Collaboration with the Fraunhofer Institute as well as printing mould specialists Janoschka and Flex-Punkt.

With a solid order backlog of more than €630m Koenig & Bauer expects to achieve organic revenue growth of around 4% and break even at the EBIT level in 2021

Covid-19-related declines in order intake and revenue in 2020
Order intake and revenue significantly better than the industry average
Despite the impact of the pandemic, there were clear signs of a recovery in operating profit after the deep traces left in Q1 2020
Organic revenue growth of approx. 4% and break-even at the EBIT level projected for 2021
Measures under the “P24x” efficiency programme successfully initiated, provisions exerting pressure on EBIT in 2020
Medium-term targets confirmed: revenue of €1.3bn with an EBIT margin of at least 7%


  • Latest Post

  • Most Read

  • Twitter

Who's Online

We have 10555 guests and one member online

We use cookies on our website. Some of them are essential for the operation of the site, while others help us to improve this site and the user experience (tracking cookies). You can decide for yourself whether you want to allow cookies or not. Please note that if you reject them, you may not be able to use all the functionalities of the site.