Siemens profit development still unsatisfactory, chief says
Article Abstract:
Siemens AG chairman Heinrich von Pierer announced that profit development remained unsatisfactory despite hikes in production in numerous operations. The executive launched a new program to enhance company results through focusing on sharing best practice principles among separate operations. Von Pierer maintained that significant improvements in productivity enabled the company to prevent dramatic price drop in majority of its operation. However, Siemens still failed to improve its profits at the necessary scale.
Comment:
Chairman Heinrich von Pierer says profit development remained unsatisfactory despite hikes in production in numerous operations
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
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Entrepreneur tries to make ice cool; Germans are warming to the idea
Article Abstract:
Ice Age Ice GmbH of Germany has opened the market of ice cubes for cold drinks. There is a strong youth market for a generation that has been brought up on frosty Cokes in America. Ice Age Ice GmbH is currently looking for $7 million in financing to lease more refrigerated trucks and create more regional distribution centers.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Solaria panels win backing of Germany's Q-Cells: California start-up to get $25 million more, billions in components
Article Abstract:
Germany's Q-Cells AG will up its stake in California solar panel company Solaria Corp. from 12.6% to 33% with additional funding totaling $25 mil. Q-Cells will also supply solar cells for generating 1.35 gigawatts of power during the next decade; the contract's value is estimated at approximately $3.46 bil.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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