Pharma Giant Merck Sets 2026 Leadership Change with Electronics Division Head Taking Helm
The Darmstadt-based Merck Group, a DAX-listed pharmaceutical and technology conglomerate, has announced a significant leadership transition set for May 2026. Kai Beckmann, currently head of the electronics division, will succeed Belén Garijo as CEO following the expiration of her term. The company confirmed that Beckmann will immediately assume the role of deputy CEO while continuing to...
Evelyn Palla's Deutsche Bahn Leadership Role Highlights Corporate Crisis Gender Pattern
The appointment of Evelyn Palla as the new chief executive of Deutsche Bahn marks a significant turning point for the state-owned railway company, which has been grappling with substantial operational and financial challenges. Palla, who previously headed the company's regional transport division, takes the helm following a long line of male predecessors including Hartmut Mehdorn, Rüdiger...
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Thyssenkrupp Marine Systems (TKMS), Germany's largest naval shipbuilder, made a strong debut on the Frankfurt Stock Exchange Monday, with shares trading significantly above initial expectations. The stock opened at €60 per share, far surpassing analyst forecasts of approximately €36, and surged as much as 23% to €73.90 during early trading before settling around €89 by midday. The robust...
Germany's Federal Court of Justice (BGH) is currently deliberating whether companies can legally use the "Miss Moneypenny" name from the James Bond franchise to market secretarial and assistant services. The case, which reached the country's highest civil court on Thursday, examines whether the fictional character has achieved sufficient independent recognition to warrant trademark...
A violent incident unfolded at the Düsseldorf Central Library on Saturday morning when a woman attacked a 17-year-old teenager with a knife. The assault occurred around 11:13 AM following an altercation between the woman and two youths, according to police reports. The seriously injured teenager was transported to a hospital by emergency services.</p>Police confirmed that a second...
Thirty-five years after German reunification, women's employment rates have reached parity between eastern and western states for the first time, according to data released by the Federal Statistical Office. The national employment rate for women aged 15-65 has climbed from 57% in 1991 to 74% in 2024, marking a significant transformation in Germany's labor market landscape. This convergence...
European defense technology company Helsing has unveiled its CA-1 Europa unmanned combat aircraft, presenting the design concept during a media event at its subsidiary Grob Aircraft's facility in Tussenhausen. The presentation was attended by Bavaria's Minister President Markus Söder and Helsing's co-supervisory board chairman Tom Enders, highlighting the significance of the project for...
Lufthansa passengers received temporary relief as the Vereinigung Cockpit pilots' union decided against immediate strike action following a successful strike authorization vote. The union announced Wednesday that no concrete strike measures would be implemented immediately, though it retains the right to call strikes at any time following the ballot that concluded Tuesday.</p>The...
The Darmstadt-based Merck Group, a DAX-listed pharmaceutical and...
The appointment of Evelyn Palla as the new chief executive of...
The mood in Germany's residential construction sector has improved...
German households are showing declining willingness to actively...
Munich police are investigating an alleged sexual assault that...
The ZDF television program "Fernsehgarten" is departing from its...
The Lufthansa Group has confirmed plans to eliminate 4,000...
The small German municipality of Schwanau in Baden-Württemberg has...
