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In this news category you will find information from and about companies, organizations, institutions, products of all kinds and in a broad spectrum. To get a quick overview of current trends and developments, it's worth visiting daily.
DE000A0JQ5U3
Mon, 23.12.2024
Manz AG
Manz AG files for insolvency – Attorney Martin Mucha appointed as preliminary insolvency administrator
The German high-tech engineering company Manz AG, based in Reutlingen, has filed for insolvency proceedings at the Stuttgart District Court. By order of December 20, 2024, attorney Martin Mucha of the Germany-wide law firm GRUB BRUGGER was appoi [ … ]
Wed, 18.12.2024
Manz AG
Manz AG will file for insolvency proceedings and responds to difficult market conditions with extensive restructuring
Insolvency proceedings enable reorganization of financing and organizational structures
Ongoing discussions with investors to be continued
Sale of battery cell production equipment business is also to continue as planned
Reutling [ … ]
Thu, 07.11.2024
Manz AG
Manz AG receives follow-up order from renowned automotive supplier for high-volume inverter assembly line
Assembly line encompasses highly complex process steps in its interlinking
Automation and process expertise of Manz convinces
Order volume in the low double-digit million-euro range
Reutlingen, November 7, 2024 – Manz AG, a global high-tech [ … ]
Thu, 24.10.2024
Manz AG
Manz AG implements an important component for financing the efficiency program through cash capital increase
Successful execution of a cash capital increase of 20% of the share capital
Mr. Eng Kee Tan, founder and majority shareholder of Greatech Technology Berhad, subscribes for 1,708,514 new shares of Manz AG as a strategic investor
Gross proc [ … ]
Tue, 06.08.2024
Manz AG
Manz AG still affected by market environment in the first half of 2024 – implementation of efficiency program begins
Revenue of EUR 98.6 million, 30.6% below the level of the previous year
Multi-stage efficiency program aims to improve operating performance and expand strategic focus
E-mobility and battery business remain important strategic pil [ … ]
Wed, 24.07.2024
Manz AG
Manz AG successfully completes sale of Hungarian subsidiary
Reutlingen, July 24, 2024 - Manz AG, a globally active high-tech mechanical engineering company with a comprehensive technology portfolio, has completed the sale of its Hungarian subsidiary Manz Hungary Kft, Debrecen. The shares were sold to Harro Höfliger Verpackungsmaschinen GmbH, Allmer [ … ]
Thu, 11.07.2024
Manz AG
Manz AG launches comprehensive efficiency program and reorganizes Managing Board
Dr. Ulrich Brahms to become new CEO, Martin Drasch to leave the company
Expansion of the Managing Board to three members: Stefan Lutter takes over new position as CTO
Efficiency program to streamline organization and optimize processes
In the future, the strategic [ … ]
Tue, 02.07.2024
Manz AG
2024 Annual General Meeting of Manz AG: Shareholders approve all agenda items
Reutlingen, July 2, 2024 – The Manz AG, a global high-tech equipment manufacturer with an extensive technology portfolio, successfully held its 2024 Annual General Meeting today. The share capital represented at the time of voting was 48.12 %. All items on the agenda were [ … ]
Thu, 23.05.2024
Manz AG
Manz AG publishes Annual Report 2023 and preliminary figures for the first quarter of 2024
Revenues of EUR 249.2 million in the 2023 fiscal year almost at the previous year's level
Group EBIT of EUR 2.9 million in 2023 after EUR -4.2 million in the previous year
Revenues of EUR 51.2 million in the first quarter of 2024 with an almost balanced re [ … ]
Tue, 12.03.2024
Manz AG
Manz AG publishes preliminary figures for the 2023 financial year and issues forecast for the 2024 financial year
Revenues of EUR 250.1 million are as expected close to previous year's level in a difficult macroeconomic environment
Group EBIT reaches EUR 4.3 million after EUR -4.2 million in the previous year
Mobility & Battery Solutions a [ … ]