Economy + Business - News and articles

Increase in sales 2021

Kistler back on course for growth

The Kistler Group was able to close the past year with slight growth despite the ongoing pandemic and some major delays in global supply chains.

Financial year 2021

BASF with strong earnings growth in 2021 as a whole

The BASF Group significantly increased sales and earnings in the 2021 financial year. "It was a strong and successful year for BASF," said Chairman of the Board of Executive Directors Dr. Martin Brudermüller, who presented the BASF Report 2021 together with CFO Dr. Hans-Ulrich Engel.

Sigmatek

Change at the top of the company

Two of Sigmatek's four managing directors are retiring from active company management. The Salzburg-based company is now managed by Marianne Kusejko and Alexander Melkus.

Semiconductor chips

Bosch plans expansion of semiconductor production in Reutlingen

Bosch is planning to further expand its semiconductor production in Reutlingen with an additional investment of more than a quarter of a billion euros by 2025.

Measurement and automation specialist increases turnover and profit

Endress+Hauser put the coronavirus pandemic behind it economically in 2021 with strong growth. The Group's consolidated turnover increased by more than 11 percent to just under 2.9 billion euros.

Growth spurt at Lapp

26.1 percent more sales, 177 percent better result

Lapp closed the 2020/21 financial year (October 1 to September 30) with exceptionally strong growth. Turnover increased by 26.1 percent to 1,423 million euros.

Balance sheets

Leuze grows strongly

The sensor specialist Leuze announced excellent figures at its annual press conference.

German machine tool industry

Production expected to increase by 14 percent

"The machine tool industry has a good chance of having a successful year in 2022,"said Franz-Xaver Bernhard, Chairman of the VDW (German Machine Tool Builders' Association) at the association's annual press conference in Frankfurt am Main.