Moody’s upgrades RWE’s rating to Baa2 with stable outlook

. • Rating agency acknowledges RWE’s strategic transformation • Outstanding fiscal 2020 and strong financial position also evaluated positively Markus Krebber, CFO of RWE AG: “The upgrade of our rating by Moody’s is further proof of the success of our Read More

ABB issues trading update following better-than-anticipated performance in Q1

ABB is publishing preliminary information on its first-quarter 2021 results, which according to the information available to the company, is better than the latest company guidance and current market consensus. The preliminary results were driven by a stronger-than-anticipated market development, Read More

GRAMMER AG starts the new year with confidence after significant recovery in the second half of 2020

. ▪ Full-year revenue of 1.7 billion euros in 2020 ▪ Operating EBIT of 34.0 million euros in the second half of 2020 after -45.7 million euros in the first half of the year ▪ Successful funding operations with a Read More

Positioning for post-COVID future – Update on Restructuring Plan – Restructuring Plan approved by English Court

gategroup Holding AG (“gategroup”, the “Company” and together with its subsidiaries, the “Group”), is pleased to announce that the English Court has approved the English law restructuring plan under Part 26A of the United Kingdom’s Companies Act 2006, a key Read More

ABB plans to launch new share buyback following completion of initial program

Follow-up share buyback program expected to begin in April 2021 and run until 2022 Annual General Meeting. ABB has completed its initial share buyback program that was launched in July 2020 as part of the company’s commitment to return to Read More

Gastronauts are Go as gourmet menus launch into space

Servair works with the European Space Agency to deliver menus for Astronauts Adamski’s team look to honor French cuisine in their cosmic creations Many technical challenges overcome to deliver to the gastronauts Servair, the French and African leader in airline Read More

Jenoptik successfully places 400 million euro debenture bond

Jenoptik has successfully placed a debenture bond with sustainability components on the capital market. The transaction was significantly oversubscribed, the originally planned placement volume was doubled from 200 million euros to 400 million euros. The funds give the technology group Read More

Positioning for post-COVID future – Update on Restructuring Plan – Creditor Approval Achieved

gategroup Holding AG (“gategroup”, the “Company” and together with its subsidiaries, the “Group”), is pleased to announce that the meetings of (i) the Bondholders and (ii) the Senior Lenders, have each approved the English law restructuring plan, a key part Read More

GOLDBECK SOLAR reaches financial closing for 26 MWp solar project in Kazakhstan

The German GOLDBECK SOLAR Group, an internationally integrated developer and constructor of large-scale solar power plants with a 20-year track record, has reached today the successful financial closing of Akadyr Extension with the European Bank for Reconstruction and Development (EBRD). Read More