100 best brands in the world 25. September 2008 by Thomas Jannot Each year a ranking of the “The Best Global Brands” is compiled which immediately affects the value of a company. This year, however, this correlation also had the opposite effect: the financial crisis was detrimental to some brands, e.g. Merrill Lynch. The three top ranks once more went to Coca Cola, IBM and Microsoft. The …
One percent more orders for industry in EU 24. September 2008 by Thomas Jannot The order volume by industry in the Eurozone (EZ15) has increased by 1.0% in July 2008 as compared to June which is a significant improvement with regard to the situation in June (-0.5%). In the EU27 the order intake even increased by 2.3% in July 2008 after stagnation in June. Without taking into account the …
90% of all bosses attach importance to further training 24. September 2008 by Thomas Jannot Nine out of ten employers think that further professional training is “important” or “very important”. This is the finding of a survey by the forsa polling firm which was carried out in August this year on behalf of the Federal Employment Agency (BA). 1000 personnel managers representing companies employing at least 10 people were interviewed …
Most important shipbuilding fair opening its doors in Hamburg 23. September 2008 by Thomas Jannot The German minister for economic affairs, Mr Michael Glos, today inaugurates SMM, the world’s most important shipbuilding fair in Hamburg. The organizers of this event this year welcome more than 1800 exhibitors from more than 50 countries. About 47,000 professional visitors, one third of these from abroad, are expected to visit the exhibition this year …
Trade balance deficit of 2.3 billion in Eurozone 22. September 2008 by Thomas Jannot According to estimates there was a deficit of 2.3 billion Euros in the trade balance of the Eurozone (EZ15) with regard to the rest of the world in July 2008. In July last year there had still been a surplus of 5.0 billion Euros. In June 2008 the balance had already been -0.2 billion and …
Never ending success story of digital cameras 19. September 2008 by Thomas Jannot By the end of 2008 about 8.9 million digital cameras to the value of 2 billion Euros will have been sold which is 4% more than in the year 2007. In the year 2009 the number of digital cameras sold is to increase by another 2.3% generating turnover of 2.1 billion Euros. These optimistic prospects …
German economy stagnating 18. September 2008 by Thomas Jannot The German ministry for economic affairs yesterday announced that the German economy has entered a phase of stagnation. GDP fell by 0.5% after adjustment for price, calendar and season in the second quarter 2008 as compared to the first quarter. Major economic indicators fell due to the development of the global economy.
More optimism in German high-tech industry 18. September 2008 by Thomas Jannot The high-tech industry in Germany is looking forward to a brighter future. Accordingly the German Association for Information Management, Telecommunications and New Media (BITKOM) modified their recent forecast. Now BITKOM expect turnover to grow by 1.8% this year which would correspond to total turnover reaching 145.5 billion Euros in the German market for information technology, …
11 percent more students in mechanical engineering 16. September 2008 by Thomas Jannot Each percent counts: Germany is lacking students in technical study courses. However, the Federal Statistical Office recently announced that the number of freshmen in mechanical engineering has increased by 11% or 27,700 students this year as compared to last year. Taking into account all kinds of engineering study courses the number of freshmen grew by …
German exports up by 6.9% in the first half this year 15. September 2008 by Thomas Jannot In the first half of 2008 Germany’s exports increased by 6.9% as compared to last year and totalled 511.2 billion Euros. After adjustment for price exports increased by 6.8%. The increase was particularly strong for exports to the BRIC-countries. Thus, exports to Brazil grew by 28.8% to 4.1 billion Euros, those to Russia by 23.4% …