Scarred CDU is turning to Merkel to overcome the disgrace of Kohl

Article Abstract:

Angela Merkel is likely to become Christian Democratic Unoin's new chairwoman, according to preliminary polls. CDU is going through a major identity crisis, and nominating an East German woman to the leadership position is likely to change the party's image.

Political organizations, Statistical Data Included, Brief Article, Political parties, Christian Democratic Union (Germany), Merkel, Angela

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BMW chooses site in East Germany for its new plant

Article Abstract:

Bayerische Motoren Werke AG (BMW) announced that it will build a new plant in Leipzig, Germany. The 1 billion euros project will create 10,000 jobs in the depressed region.

Motor vehicles and car bodies, New capacity, new plant construction, Motor Vehicles, Automobile and Light Duty Motor Vehicle Manufacturing, Automobile industry, Buildings and facilities, BMW AG, Leipzig, Germany

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Ousted CEO of Bertelsmann nails retail gig

Article Abstract:

Thomas Middelhoff has been appointed chief executive officer of German retailing giant KarstadtQuelle AG. The appointment marks a return for Mr. Middelhoff who was let go from media company Bertelsmann AG nearly three years ago. KarstadtQuelle is currently in restructuring and faces a challenging market for retailers due to Germany's high unemployment and low consumer spending.

Sales, profits & dividends, Organizational history, Management dynamics, MISCELLANEOUS RETAIL, HOME FURNITURE, FURNISHINGS, AND EQUIPMENT STORES, Management, Company sales and earnings, Company restructuring/company reorganization, Reorganization and restructuring, Company earnings/profit, Company business management, Specialty stores, Company organization, Middelhoff, Thomas, KarstadtQuelle AG

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