BCG reaches $11 billion in sales for the first time

New BCG Germany boss Michael Brigl: The private equity expert has headed the Germany unit of the US consultancy since the beginning of the year (Foto: Boston Consulting Group) Düsseldorf The pandemic year 2021 was one of the most successful ever for the management consultancy Boston Consulting Group (BCG). The strategy consultancy increased its revenues by … Read more

The consequences of the Ukraine war for Airbus

Frankfurt On February 24, an A350 left the delivery airport of the manufacturer Airbus in Toulouse for Moscow. At this point, the wide-body jet is already fully owned by Aeroflot – luckily for the Russian airline, it turns out. A few hours later, the extradition would have violated EU sanctions. The ninth of the 22 … Read more

German suppliers are building factories of the future

Elon Musk in Grünheide Tesla works fundamentally differently than German car manufacturers. The hidden champions like that. (Photo: Archyde.com) Düsseldorf, New York For a good two years, Tesla has been building a “Gigafactory” in Brandenburg, a plant in which the electric mobility group wants to mass-produce its cars for the European market. On Friday, the … Read more

Big banks attack manufacturers’ business

Volkswagen Financial Services In Braunchsweig, people have so far been relaxed about the growing competition (Photo: Press photo) Frankfurt December 2021: The car group Stellantis, which emerged from the merger of Fiat Chrysler and PSA, announces that it will found a leasing provider together with the French bank Crédit Agricole. The goal: a fleet of … Read more

O2 mother Telefónica Germany presents record figures

Telefónica Deutschland boss Markus Haas O2 finally wants to grow more, especially with business customers. (Photo: dpa) Düsseldorf Telefónica Deutschland has long been considered a tragic case in the German mobile communications industry. Network quality and service were just as poor as the business figures. The most popular private label, O2, held its own thanks … Read more

Despite rising interest rates, many billion-dollar deals are expected with financial investors

Financial district in Frankfurt The activities of financial investors in Germany have been increasing for years. (Photo: dpa) Frankfurt. The prospect of rising interest rates will not have a significantly negative effect on financial investors this year. Experts therefore expect large transactions, especially in the second half of the year. “Although investors are keeping a … Read more

High inflation becomes a problem

Frankfurt, Munich Persistently high inflation is becoming a massive cost driver for insurers and their customers. It is now becoming apparent that the sharp rise in raw material and procurement prices has noticeably increased the cost of compensating for damage. The result: Customers pay significantly more in some areas. “We see that the premiums have … Read more

How the EU wants to bring modern semiconductor factories to Europe

The corresponding law, the “EU Chips Act”, is currently being voted on by the commissioners. It is due to be presented on February 8th. At the same time, the eagerly awaited decision could also be made as to which European locations the US chip manufacturer Intel will build new systems at. The EU Chips Act … Read more