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

Diversified Companies, Siemens AG, Article

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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.

Management dynamics, Manufactured ice, Ice Manufacturing, Management, Finance, Company Profile, Company business management, Company financing, Meredith, Matthew, Ice Age Ice GmbH

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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.

Contracts & orders received, Electric services, Contracts & orders let, Company investment, Investments, Contracts, Contract agreement, Solar cells, Solar batteries, Solar energy industry

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