Being solvent without taking out loans 26. September 2007 by Thomas Jannot The average potential for saving overhead costs in small and medium-sized entities (SMEs) amounts to about 20%, says Mr. Arnd Halbach, business development manager with »Expense Reduction Analysts« (ERA). This figure represents quite a lot of money which could increase the liquidity of SMS without taking out loans and thus interest-free.
German economy to grow by 2 percent despite crisis in the US 26. September 2007 by Thomas Jannot Even though the real estate crisis and the upward revaluation of the Euro are currently causing quite a stir, the economic upswing in Germany is hardly affected by this, forecasts the Institute for the German Economy (IW) in Cologne. According to the IW´s latest estimates GDP will probably grow by 2.5% in real terms this …
More orders in construction industry 24. September 2007 by Thomas Jannot According to the Federal Statistical Office, the order intake in the German main construction industry (companies with at least 20 employees) increased by 3.6% (adjusted for prices) in July 2007 as compared to July 2006. Order intake for structural engineering increased by 8.6% while those for underground engineering fell by 1.3%.
Internet TV with great potential 21. September 2007 by Thomas Jannot According to the german Bundesverband Informationswirtschaft Telekommunikation und neue Medien (BITKOM) and the Goldmedia consulting firm, TV over the internet (IPTV) is soon going to make a breakthrough. According to BITKOM experts, by the year 2012 about 2.5 million households could be using IPTV in Germany. Thus, besides cable, satellite and aerial yet another way …
Production prices slightly up in August 20. September 2007 by Thomas Jannot According to the Federal Statistical Office, the index of production prices for industrial products was up by 1.0% in August this year as compared to August 2006. Thus, annual inflation once again decreased (Juli +1.1%, Juni +1.7%, Mai +1.9%). Compared to July 2007 the index increased slighty by 0.1%.
Award ceremony for best human resource managers 20. September 2007 by Thomas Jannot For the fifth time already the renowned BestPersAward will be confered this year. The event is organized by the Institut für Managementkompetenz (imk) and the Personalmagazin. The BestPersAward is confered for outstanding and successful concepts in personnel management of small and medium-sized entities.
Invitations for public tender now pooled 20. September 2007 by Thomas Jannot For small and medium-sized entities (SMEs) it is much easier now to find the most recent invitations for public tender. On www.vergabe24.de companies will find any invitations for public tender which are published officially in the Federal Laender and which amount to more than 250.000 each year. Only a co-operation between the official tender agencies …
Federal Reserve lowers key interest rate by 0.5 percent 19. September 2007 by Thomas Jannot In order to sooth the repercussions of the US mortgage crisis on the US economy the Federal Reserve lowered the most important key interest rate by 0.5% to 4.75%. Another key interest rate was lowered by 0.5% to 5.25%. Back in August, this latter key interest rate had already been lowered by half a percentage …
Information day about company succession 19. September 2007 by Thomas Jannot More than 60 German chambers of commerce and industry (IHK) will organize an information day on September 20th giving information and advice on the issue of company succession. What happens if the boss of a company meets with an accidence? Who will lead the company, if the boss is ill for a longer period of …
SMEs expect economy to slow down in 2008 19. September 2007 by Thomas Jannot According to the majority of small and medium-sized entities (SMEs), the cyclical economic upturn is going to continue in 2008 even though at less pace than in 2007. A survey commissioned by the impulse economic magazine which was recently conducted among 238 companies being a member of the “Die Familienunternehmer-ASU” association revealed that 61% of …