DHL Global Forwarding makes key appointments in Bahrain, Kuwait and Morocco

August 20, 2018, 1:19 am

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· Christelle Fadel to lead the business in Morocco

· Rob Kennaugh assumes the role of Country Manager for Bahrain

· Fadi Bastoni to oversee the business in Kuwait

 

KUWAIT, BAHRAIN AND MOROCCO - Media OutReach - 20 August 2018 - DHL Global Forwarding, the leading international provider of air, sea and road freight services, has appointed Christelle Fadel, Rob Kennaugh and Fadi Bastoni to lead its business in Morocco, Bahrain and Kuwait respectively.

Rob Kennaugh, country manager, DHL Global Forwarding Bahrain

Fadi Bastoni, Country Manager, DHL Global Forwarding Kuwait

Christelle Fadel, General Manager, DHL Global Forwarding Morocco

 

"The wealth of experience that Christelle, Rob and Fadi have amassed throughout the years in the logistics industry strengthens our existing business in the respective countries, helping us to fully capitalize on key sectors," said Amadou Diallo, CEO, DHL Global Forwarding Middle East and Africa. "We have high hopes for growth within our region: The Middle East is projected to grow by 3.7%[1] this year while a similar upward trend[2] is predicted for Africa. With these three leaders taking the helm, their respective countries will benefit from their deep local and regional logistics expertise, as well as individual visions to improve business results."

*Christelle Fadel takes the lead for the business in Morocco*

Christelle has been with DHL since 2014 and brings with her close to two decades of experience in supply chain and freight forwarding in Germany, France and Morocco.  She was most recently Head of Product and Customer Service for DHL Global Forwarding in Morocco. Christelle holds a degree specializing in International and Wholesale Trade from the Cologne Chamber of Commerce and Industry (IHK) in Germany.

 

Christelle Fadel, General Manager, DHL Global Forwarding Morocco, said, "This is an exciting time for the businesses as Morocco grows in significance as the gateway for Europe and Africa. The economic outlook for North Africa is extremely positive with a projected average growth of 5% for 2018 and 4.6% for 2019,[3] and we are ready to take the lead in developing customized logistics solutions to further enhance trade links between Morocco and the global markets. With the support of the committed and top-class expertise, and our deep understanding of the market, I'm confident that we will deliver a world-class forwarding service for Moroccan businesses in all industries."

 

*Rob Kennaugh officially assumes role of Country Manager in Bahrain *

A veteran of DHL, Rob has been with the company for 25 years, taking on various roles across Australia, China, Oman, Germany, Spain and the UK. He brings with him a wealth of international experience in end-to-end logistics for the oil and gas sector. Most recently, he was the Head of Lead Logistics Partnerships (LLP) for DHL Global Forwarding in Abu Dhabi, where he has been based since 2015. As Country Manager, he will oversee DHL Global Forwarding's business in the country, as well as lead the region's Integrated Warehouse Solutions (IWS) and a Global Shared Service Center.

 

Rob Kennaugh, Country Manager, DHL Global Forwarding Bahrain, said, "I'm honored to be appointed to this role as it marks another career milestone for me within the DHL family. I believe my understanding of the region puts me in good stead to lead the team here in Bahrain, as we work together for greater growth. I'm also keen to spearhead more digital customized solutions for our customers to enhance their logistics efficiency."  

 

*Fadi Bastoni appointed as Country Manager to oversee operations in Kuwait *

Fadi first joined DHL Express Saudi Arabia in 2000 where he was, over the years, responsible for various functions including air freight as well as global customer solutions. In 2009, he left the company to pursue another role in the industry, but returned to DHL in 2012 as Country Manager for DHL Global Forwarding Bahrain. During his tenure, Fadi grew the business by achieving double digit growth for shipments handled and revenue. He holds a Masters in Financial Institutions Accounting from Damascus University in Syria.

 

Fadi Bastoni, Country Manager, DHL Global Forwarding Kuwait, said, "Over the years, I have had various opportunities to contribute to the DHL business and the wider logistics industry. With the economy poised to see a 3.5% growth this year[4] and the government pushing to maintain strong spending on transport and logistics infrastructure[5], Kuwait presents a tremendous opportunity for us and Kuwaiti businesses. I look forward to continue building on DHL's reputation and reach in the region by helping these businesses gain greater and more efficient access to global markets."

 

*DHL* -- The logistics company for the world

 

*DHL* is the leading global brand in the logistics industry. Our DHL family of divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 360,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, energy, automotive and retail, a proven commitment to corporate responsibility and an unrivalled presence in developing markets, DHL is decisively positioned as "The logistics company for the world".

 

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 60 billion euros in 2017.
--------------------

[1] https://www.thenational.ae/business/imf-forecasts-economic-recovery-for-middle-east-economies-in-2018-1.666263 .

[2] http://www.worldbank.org/en/region/afr/brief/global-economic-prospects-sub-saharan-africa-2018

[3] https://www.afdb.org/en/documents/document/north-africa-economic-outlook-2018-100843/

[4] http://www.arabianbusiness.com/politics-economics/386951-kuwaiti-economy-forecast-to-return-to-growth-in-2018

[5] https://oxfordbusinessgroup.com/analysis/branching-out-non-oil-sectors-see-flurry-new-activity Reported by Media OutReach 40 minutes ago.

---

Markets: What to expect this week? – Deutsche Bank

August 20, 2018, 1:29 am

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Analysts at Deutsche Bank point out that we are going to start the week with release of the June construction output for the euro area and there are no data releases of note in the US.

*Key Quotes*

“Away from data, the Fed's Bostic will speak on the U.S. economic outlook in Tennessee.”

“*Tuesday: *Overnight we get July supermarket sales and Nationwide department store sales in Japan along with final July machine tool orders. The only release of note in Europe is the July public finances data in the UK. There is nothing of note in the US.”

*“Wednesday: *Overnight we get the June all industry activity index in Japan. There is nothing of note in Europe. In the US, we get July existing home sales data for the US along with minutes from the latest FOMC monetary policy meeting. Away from data, Lowe's and Target will report their earnings.”

*“Thursday:* It is the most data heavy day of the week with the big focus being the release of the flash August PMIs across the globe. Overnight we'll get the manufacturing PMI for Japan followed by the manufacturing, services and composite PMIs for France, Germany and the Eurozone. The US PMIs will then be out in the afternoon. Away from PMIs, in Europe, we will get the latest ECB monetary policy minutes, August business and manufacturing confidence and, production outlook for France along with the survey of industrial investment for France and advance August consumer confidence for the euro area. In the US, we get the June FHFA house price index, 2Q house price purchase index, July new home sales and August Kansas City Fed manufacturing activity index. Away from data, Intuit, HP and Alibaba will reports their earnings.”

*“Friday:* Overnight we get July CPI and services PPI for Japan. In Europe, we get final 2Q GDP data for Germany, July PPI for Spain and July finance loans for housing in the UK. In the US, we get preliminary July durable goods orders and capital goods orders data. Away from data, the Fed will be hosting its annual Jackson Hole central banking symposium where Fed Chair Powell is set to discuss the economy and monetary policy.”

  Reported by FXstreet.com 31 minutes ago.

Europe discards 50m tonnes of 'ugly' fruit and veg

August 20, 2018, 1:57 am

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More than a third of farmed fruit and vegetables never makes it on to shop shelves because it is misshapen or the wrong size, according to research. Reported by RTE.ie 3 minutes ago.

BearingPoint Makes Strategic Investment in Binary Code Scanning Leader Insignary

August 20, 2018, 1:53 am

≫ Next: AIR Worldwide Estimates Industry Insured Losses for Flooding in Western Japan Will be Between JPY 284 billion (USD 2.6 billion) and JPY 423 billion (USD 4.0 billion)

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AMSTERDAM & SUNNYVALE, Calif.--(BUSINESS WIRE)--#BearingPoint--Management and technology consultancy BearingPoint has made a strategic investment in Insignary, a global leader in binary-level open source software security and compliance. It marks BearingPoint’s first time investing in an Asian start-up. As part of its Ventures activities, the investment builds on BearingPoint’s successful partnership with Insignary, through which they became the first to offer managed binary code scanning service in Europe. T Reported by Business Wire 6 minutes ago.

AIR Worldwide Estimates Industry Insured Losses for Flooding in Western Japan Will be Between JPY 284 billion (USD 2.6 billion) and JPY 423 billion (USD 4.0 billion)

August 20, 2018, 10:04 pm

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BOSTON, Aug 21, 2018 - (ACN Newswire) - Catastrophe modeling firm AIR Worldwide estimates that industry insured losses from the flooding in western Japan caused by excessive rainfall from June 28 to July 8, 2018, will be between JPY 284 billion (USD 2.6 billion) and JPY 423 billion (USD 4.0 billion).

Following successive heavy downpours from June 28 onward, several days of record-breaking rainfall until July 8 led to widespread inland flooding in more than 30 prefectures across western and south-central Japan. The precipitation was described by an official at the Japan Meteorological Agency (JMA) as being "at a level we have never experienced." As well as numerous rivers and streams bursting their banks, many landslides were reported. In addition to major damage to buildings and infrastructure, there was considerable business interruption. With at least 200 lives lost, this was Japan's deadliest flood since 1982 and the country's deadliest natural catastrophe since the 2011 Tohoku earthquake.

In just a few days, parts of Japan received four times the rainfall typically expected in the whole month of July, according to the JMA. Local reports state that new records for rainfall during 24-, 48-, or 72-hour periods were set in 93 locations.

Numerous rivers in the impacted regions crested above their historic levels. Floodwaters reached as high as 5 meters (16.4 feet) above normal levels in some locations, and watercourses across the region overflowed. Several rivers such as the Asahi, Takahashi, Misasa, and Houman rivers near the cities of Okayama, Kurashiki, Hiroshima, and Fukuoka, respectively, experienced over 500-year return period flows. The Hijikawa River in Ehime Prefecture overflowed with an over 250-year return period flow. The rainfall abated on July 9 and water levels began to recede in some areas, but and the threat of landslides remained and railroads and highways remained closed in affected regions, hindering relief and rescue operations.

More than 46,000 residential buildings were destroyed, damaged, or inundated, according to data issued on August 8 by the Fire and Disaster Management Agency (FDMA).

There was widespread business interruption, particularly to auto and electronics manufacturers.

AIR's modeled insured loss estimates include:
- Insured damage to property (residential, commercial, industrial, and agricultural/mutual), both structures and their contents, and automobile

AIR's modeled insured loss estimates do not include:
- Landslide
- Losses to land
- Losses to infrastructure
- Losses to CAR/EAR, marine hull, or marine cargo lines of business
- Business interruption losses
- Loss adjustment expenses
- Demand surge-the increase in costs of materials, services, and labor due to increased demand following a catastrophic event; demand surge can be applied by AIR software users who want to account for this variable

About AIR Worldwide
AIR Worldwide (AIR) provides risk modeling solutions that make individuals, businesses, and society more resilient to extreme events. In 1987, AIR Worldwide founded the catastrophe modeling industry and today models the risk from natural catastrophes, terrorism, pandemics, casualty catastrophes, and cyber incidents. Insurance, reinsurance, financial, corporate, and government clients rely on AIR's advanced science, software, and consulting services for catastrophe risk management, insurance-linked securities, longevity modeling, site-specific engineering analyses, and agricultural risk management. AIR Worldwide, a Verisk (Nasdaq:VRSK) business, is headquartered in Boston, with additional offices in North America, Europe, and Asia. For more information, please visit www.air-worldwide.com.

For more information, contact:
Kevin Long
AIR Worldwide
617-267-6645
klong@air-worldwide.com

###

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: AIR Worldwide via Globenewswire

Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com Reported by ACN Newswire 4 hours ago.

Fed's solo act faces tremors in Turkey and a slower Europe

August 20, 2018, 11:08 pm

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The U.S. Federal Reserve, deep into a cycle of rate hikes it hopes to continue into 2020, now faces emerging risks from abroad that could short-circuit its plans. Reported by Reuters 3 hours ago.

Terex Inks Agreement on Phase III Capital Expansion Project with Changzhou National Hi-Tech District

August 20, 2018, 10:28 pm

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CHANGZHOU, China, Aug. 21, 2018 /PRNewswire/ -- On August 8, Changzhou National Hi-Tech District formally inked an agreement on an increase in capital for the Phase III project with Terex (China). The project with a total investment of $100 million focuses on manufacturing aerial work platforms and other engineering and machinery components and assemblies. The signing of the agreement for the capital increase will drive the introduction of top-tier upstream and downstream producers across the industry and finalize the build out of the district's engineering and machinery manufacturing ecosystem. Zhou Bin, the Changzhou Municipal Party and Changzhou National High-Tech District Committee secretary, and Xu Yawei, deputy district chief, attended the signing ceremony.Terex inks agreement on Phase III capital expansion project with Changzhou National Hi-Tech District

Headquartered in Westport, Connecticut, Terex Corporation is a global manufacturer of aerial work platforms and lifting and material processing products and services. Terex designs, manufactures and provides after-sales support for machinery and equipment used in a variety of industries, including engineering construction, maintenance, manufacturing, energy, mining and materials. The company produces equipment in the Americas, Europe, Australia and Asia and sells its products worldwide.

Up to now,Terex (Changzhou) factory has been able to localize the production of dozens of different models of products, covering almost all of the Genie scissors, straight-arm crank products. with the help of local professional design team. Since 2010, the Changzhou factory has developed rapidly with an average annual output of more than 50% .

*Changzhou National Hi-tech District (CND)* is located in the heart of the Yangtze River Delta. There are 1,641 foreign-invested companies in CND. Recently, CND is accelerating the development pace and intensifying the efforts on construction of an industrial base, making 2 pillar businesses: equipment manufacturing (precision machinery) and new materials bigger and stronger. The emerging industries consist of new generation of information technology, biomedical, new energy vehicle, photovoltaic and aviation.

Photo - https://photos.prnasia.com/prnh/20180815/2212613-1

Related Links :

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Fast Europe Open: UK government borrowing, CBI industrial trends

August 20, 2018, 10:31 pm

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Reported by FT.com 4 hours ago.

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Fin24.com | SA super-rich looking for a 2nd citizenship in Europe

August 20, 2018, 10:30 pm

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Many South African high net-worth individuals (basically the super-rich) are not always looking to relocate to another country, but rather to invest in a "Plan B". Reported by News24 4 hours ago.

Dermapharm Holding SE:

August 20, 2018, 10:33 pm

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DGAP-News: Dermapharm Holding SE / Key word(s): Half Year Results/Preliminary Results

21.08.2018 / 07:30
The issuer is solely responsible for the content of this announcement.
--------------------

*Dermapharm continues profitable growth in first half of 2018*

· Group revenues increased by around 20% from last year to EUR 280.3 million
· Adjusted EBITDA increased by around 30% over last year to EUR 70.9 million
· Adjusted EBITDA margin improved by about 2% from last year to approx. 25%
· Management Board confirms previous forecast for fiscal year 2018

*Grünwald, August 21, 2018 - Dermapharm Holding SE ("Dermapharm"), a leading producer of patent-free branded pharmaceuticals for select therapeutic areas based in Germany with a growing international presence, published its unaudited preliminary IFRS financial figures for the first half of 2018 today. Both the highly profitable segment "Branded Pharmaceuticals and Other Healthcare Products" and the "Parallel Import Business" contributed to the rise in revenues and earnings.*

On a preliminary basis, Group revenues rose by 19.7% to EUR 280.3 million in the first half of 2018 (previous year: EUR 234.2 million). Dermapharm also significantly improved its earnings before interest, taxes, depreciation and amortization (EBITDA) in the first half of 2018. The company's EBITDA adjusted for one-off costs amounting to EUR 1.4 million related to IPO preparations and the acquisitions of Strathmann and Trommsdorff in the amount of EUR 2.4 million increased by 29.9% to EUR 70.9 million (previous year: EUR 54.6 million). Dermapharm was therefore able to continue increasing its rising profitability in the first half of 2018, achieving an adjusted EBITDA margin at Group level of 25.3% (same period of the previous year: 23.3%). Unadjusted EBITDA amounted to EUR 67.1 million, an increase of 22.9% compared to the same period of the previous year, and an unadjusted EBITDA margin of 23.9%.

Dr. Hans-Georg Feldmeier, CEO of Dermapharm Holding SE, explains the course of business in the first half of 2018: "The figures for the first six months of the current fiscal year reflect the success of our consistent growth strategy. With our latest acquisitions of Strathmann and Trommsdorff, we have not only expanded our current portfolio with established brand products such as Keltican^(R) forte, but have also gained a significant market share in a new therapeutic area. The therapeutic area of pain treatment rounds off our strategic therapeutic areas, which include dermatologics, systemic corticoids, women's healthcare, ophthalmologics and vitamins, minerals and enzymes. With Myopridin^(R) and Ebenol^(R) from Strathmann, our portfolio now includes ambitious products in this new market. In addition, Dermapharm achieved further market approvals in the first half of the year, such as Verrucutan(R), Calcilac mono(R) or Summavit materna(R), and is also working on more than 40 ongoing development projects. We have also succeeded in opening up new European markets for our hyperthermia products bite away^(R) and Herpotherm^(R) in Northern, Eastern and Central Europe and plan to market the products in the UK, Western Europe, Asia and the US in the future."

In light of the positive business development in the first half of 2018, the Management Board of Dermapharm Holding SE can confirm its previous forecast for fiscal year 2018 and continues to assume revenue growth of 20 to 25% over the previous year and an increase in adjusted EBITDA of 22 to 27% over the previous year. Dermapharm is pursuing its objective of consistently using both organic and external growth opportunities to become the leading European pharmaceutical producer in select markets.

Dermapharm will publish the final figures for the first half of 2018 with its complete interim report for 2018 on September 12, 2018.
 

*Group revenues and EBITDA as of June 30, 2018, compared to the same period of the previous year (IFRS, preliminary)*

*in EUR millions* *June 30, 2018* *June 30, 2017* *Change*
       
*Group revenues* *280.3* *234.2* *+ 19.7%*
       
*Adjusted Group EBITDA** *70.9* *54.6* *+ 29.9%*
*Adjusted EBITDA margin* (in %)* *25.3* *23.3* *+ 2.0pp*
       
*Group EBITDA* *67.1* *54.6* *+ 22.9%*
*EBITDA margin (in %)* *23.9* *23.3* *+ 0.6pp*

*Adjusted for one-off costs amounting to EUR 1.4 million in connection with the IPO and the acquisitions of Strathmann and Trommsdorff in the amount of EUR 2.4 million.*Company profile: *

*Dermapharm - Pharmaceutical Excellence "Made in Germany"*

Dermapharm is a leading manufacturer of patent-free branded pharmaceuticals for selected markets in Germany. Founded in 1991, the company is based in Grünwald near Munich and has its main manufacturing facility in Brehna near Leipzig. The company's integrated business model comprises in-house development, in-house production and distribution of pharmaceuticals and other healthcare products for specifically targeted markets by a medical and pharmaceutical sales force. Dermapharm holds approximately 950 marketing authorizations (Arzneimittelzulassungen) for more than 250 active pharmaceutical ingredients, which are marketed as pharmaceuticals, dietary supplements or supplemental balanced diets. This assortment makes the company unique. In addition to Germany, the company's core markets also include Austria and Switzerland. The company plans to further expand its international presence. Dermapharm's business model also includes a parallel import business, which operates under the "axicorp" brand. Based on revenues, Dermapharm was among the top five parallel import companies in Germany in the first half-year 2018.

With a consistent development strategy and numerous successful product and company acquisitions over the past 25 years, Dermapharm has continuously optimized its business and provided external growth impulses in addition to organic growth. Dermapharm intends to continue this profitable growth course in the future. The company is focusing on three strategic growth drivers: in-house development of new products, increase of its international footprint and further acquisitions. These include the acquisition of the pharmaceuticals manufacturer and distributor Trommsdorff in January 2018, whose portfolio includes the well-known brands Keltican^(R) forte and Tromcardin^(R) complex.*Contact*

cometis AG
Claudius Krause
Phone: +49 (0)611 - 205855-28
Fax: +49 (0)611 - 205855-66
E-mail: ir@dermapharm.de
--------------------

21.08.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de --------------------

Language: English
Company: Dermapharm Holding SE
Lil-Dagover-Ring 7
82031 Grünwald
Germany
Phone: +49 (0)89 64 86-0
E-mail: ir@dermapharm.de
Internet: ir.dermapharm.de
ISIN: DE000A2GS5D8
WKN: A2GS5D
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange
 
End of News DGAP News Service Reported by EQS Group 4 hours ago.

Measles surge in Europe: What does it mean for Australia?

August 20, 2018, 10:59 pm

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Measles cases in Europe have hit a two-decade high, with the number of cases contracted in the first six months of 2018 nearly double that for the whole of 2017. Reported by SBS 3 hours ago.

Jaguar Land Rover building classic car department in US

August 20, 2018, 11:25 pm

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After consolidating its various operations under a single banner in 2016, Jaguar Land Rover's classic car division is set to reach the United States. The company announced last week that Savannah, Georgia will be home to the first Jaguar Land Rover Classic base outside of Europe. It will join two other bases in England and Germany; the former only... Reported by MotorAuthority 3 hours ago.

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By Shinichi Saoshiro TOKYO (Reuters) - Asian stocks were capped and the dollar dipped on Tuesday after U.S. President Donald Trump accused China and Europe of manipulating their currencies and said he was "not thrilled" with the Federal Reserve for hiking interest rates Reported by Firstpost 3 hours ago.

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August 21, 2018, 12:40 am

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Aareal Bank AG: Marc Oliver Hess appointed as Aareal Bank's new Chief Financial Officer

August 20, 2018, 11:35 pm

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DGAP-News: Aareal Bank AG / Key word(s): Change of Personnel

21.08.2018 / 08:23
The issuer is solely responsible for the content of this announcement.
--------------------

*Marc Oliver Hess appointed as Aareal Bank's new Chief Financial Officer*

Wiesbaden, 21 August 2018 - The Supervisory Board of Aareal Bank AG has appointed Marc Oliver Hess as a member of the Management Board, with effect from 1 October 2018. He will assume the function of Chief Financial Officer, which to date has been part of the role assumed by CEO Hermann J. Merkens, in addition to his other duties. Mr Hess will additionally assume responsibility for the Treasury division; going forward, he will thus also maintain relationships with debt investors. The Chairman of the Management Board will retain responsibility for Investor Relations, with its focus on equity investors.

Marc Oliver Hess, aged 44, was appointed Chief Financial Officer of Deutsche Postbank AG in 2007, a position he held until leaving the bank at the end of March 2018. Mr Hess first joined Deutsche Postbank - part of Deutsche Bank Group - in 2004, having previously worked at HVB Group and Deutsche Post.

Marija Korsch, Chairman of Aareal Bank's Supervisory Board, said: "We are delighted that we were able to win Marc Oliver Hess for our Bank - a very experienced and dynamic Chief Financial Officer who enjoys an excellent reputation within the sector and on the capital markets. We are convinced that his expertise will provide a key contribution to maintaining Aareal Bank Group's perfectly healthy financial basis over the long term - in a challenging environment. At the same time, the Supervisory Board would like to express its thanks to Hermann J. Merkens for having covered the dual roles of Chief Executive Officer and Chief Financial Officer throughout a phase of profound change and fundamental decisions for the future of our Company. Mr Merkens will thus be able to focus even more strongly upon the ongoing strategic development of Aareal Bank Group."

Hermann J. Merkens, Chairman of the Management Board, stated: "I very much look forward to working with Marc Oliver Hess, whose experience and professional profile are a perfect fit for the Bank. With his appointment, and the planned changes to the structure of CFO responsibilities, Aareal Bank's Management Board will be even more powerful - we are now in an excellent position to jointly master the challenges ahead."

*Aareal Bank Group*
Aareal Bank Group, headquartered in Wiesbaden, is a leading international property specialist. It provides smart financings, software products, and digital solutions for the property sector and related industries, and is present across three continents: Europe, North America and Asia. Aareal Bank AG, whose shares are included in Deutsche Börse's MDAX index, is the Group's parent entity. It manages the various entities organised in the Group's two business segments: Structured Property Financing and Consulting /Services. The Structured Property Financing segment encompasses all of Aareal Bank Group's property financing and funding activities. In this segment, the Bank facilitates property investment projects for its domestic and international clients, within the framework of a three-continent strategy covering Europe, North America and Asia. In its Consulting/Services segment Aareal Bank Group offers its European clients from the property and energy sectors a unique combination of specialised banking services as well as innovative digital products and services, designed to help clients optimise and enhance the efficiency of their business processes.Contact:
Aareal Bank AG
Corporate Communications

Sven Korndörffer
Phone: +49 611 348 2306
sven.korndoerffer@aareal-bank.com

Cornelia Müller
Phone: +49 611 348 2457
cornelia.mueller@aareal-bank.com

Christian Feldbrügge
Phone: +49 611 348 2280
christian.feldbruegge@aareal-bank.com  --------------------

21.08.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de --------------------

Language: English
Company: Aareal Bank AG
Paulinenstr. 15
65189 Wiesbaden
Germany
Phone: +49 (0)611 348 - 0
Fax: +49 (0)611 348 - 2332
E-mail: aareal@aareal-bank.com
Internet: www.aareal-bank.com
ISIN: DE0005408116
WKN: 540811
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Stockholm
 
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Crystal Palace show signs of a side ready to pull clear of the relegation fight but a similar fate may lie ahead for Liverpool

August 21, 2018, 12:17 am

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Do Liverpool have enough to really challenge Manchester City? Can Palace turn a top-half finish into a run at Europe? This could easily be two sides who end the season anonymously Reported by Independent 2 hours ago.

Maine Pointe Wins Two Major European Engagements as it Builds Global Capabilities in Europe and Beyond

August 21, 2018, 12:01 am

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CMO Simon Knowles Takes Broader Role in Expanding Maine Pointe's Pan-European Business

BOSTON (PRWEB) August 21, 2018

Global supply chain and operations consulting firm Maine Pointe has won the largest European engagement in the company's history, followed by a further win with a leading global nanotechnology company marking the firm's growing momentum throughout Europe.

In the first of its latest European wins, an international family-owned player based in Italy was being transferred to private equity ownership. Maine Pointe staved off strong competition to win the new engagement. Its experience in working with PE companies to build the value of their portfolio companies, along with the consultancy's Total Value Optimization™ approach, were instrumental in winning the deal.

Having worked in fifteen countries across Europe and more than thirty around the world, Maine Pointe is a thought leader in areas relating to global commerce, international trade and how international firms must respond to new political realities and changing supply chains to remain competitive and sustain growth.

Maine Pointe's thought leadership brings specific initiatives to the table. The firm's most recent insight, "5 Supply Chain Optimisation Initiatives European Executives Can Implement Right Now" outlines the steps executives can take to drive productivity and address the risks, uncertainties and trade tensions that have become a challenging reality.

"Our momentum and presence in Europe is growing exponentially and we have been very successful in helping our European clients achieve their goals and transform their global supply chains," said Steven Bowen, Maine Pointe's Chairman and CEO.

As part of its responsibilities to its new client, Maine Pointe will lead the way in enhancing the effectiveness of procurement activities to deliver millions of Euros in cost reductions. Also on the agenda will be decreasing the cost of outbound transportation, including ocean, long-haul and intra-country and developing the skills and capabilities of its procurement and logistics departments. By allowing the client to absorb future acquisitions more effectively, Maine Pointe expects to be able to deliver significant cost and service improvement benefits.

In its other announced European win, Maine Pointe will service a UK-based nanotechnology firm which provides high-technology products to the world's foremost industrial companies and scientific research communities. "We are pleased to assist this client in carrying out its important work in increasing productivity and making new scientific discoveries," said Bowen. "Our goals will be to develop a more holistic approach to operational and procurement excellence in support of the client's innovation and growth agenda."

Maine Pointe's responsibilities to this second European client will include achieving significant and sustainable benefits and reduction of working capital inventory. "In achieving these goals, our agenda will include developing a cross-functional approach to business geared towards increasing profit, growth and customer experience, without undermining innovation. We will also improve the maturity of core S&OP processes to ensure operational excellence," said Simon Knowles, UK-based CMO at Maine Pointe. Knowles will take an expanded leadership role in building the firm's European momentum and developing its growing pan-European business.

"The use of Total Value Optimization in global companies is especially important amidst the rapid changes multinationals are facing today," said Knowles. "In working with companies with a strong European presence, I look forward to helping them navigate these massive shifts and challenges and to continuing Maine Pointe's role as a thought leader in the global supply chain."

"This represents a natural progression for Simon, who has accomplished so much in the past three years and has been the driving force behind our differentiated market position and our Total Value Optimization™ proposition," said Bowen. "Simon is a strategic thinker and leader. In his capacity he will provide a voice for Europe directly to the executive leadership team." Knowles will work closely with other members of Maine Pointe's executive leadership team to provide on-the-ground involvement in all aspects of the business as Maine Pointe continues to develop and expand its global capabilities.

About Maine Pointe
Maine Pointe is a global supply chain and operations consulting firm trusted by many chief executives and private equity firms to drive compelling economic returns for their companies. We achieve this by delivering accelerated, sustainable improvements in EBITDA, cash and growth across their procurement, logistics and operations. Our hands-on implementation experts work with executives and their teams to rapidly break through functional silos and transform the buy-make-move-fulfill supply chain to deliver the greatest value to customers and investors at the lowest cost to business. We call this Total Value Optimization (TVO)™.

Maine Pointe’s engagements are results-driven and deliver between 4:1-8:1 ROI. We are so con dent in our work and our processes that we provide a unique 100% guarantee of engagement fees based on annualized savings. http://www.mainepointe.com Reported by PRWeb 2 hours ago.

25 Industry-leading transcosmos Korea Employees Receive “COPC” Certification, a Global Standard in the Customer Services Industry

August 21, 2018, 12:08 am

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Continue to contribute to clients in optimizing costs and expanding sales whilst improving service quality and CS.

TOKYO (PRWEB) August 21, 2018

transcosmos Korea, Inc., a subsidiary of transcosmos inc., is delighted to announce that each one of the company’s 25 all-star team members received the “COPC CSP Implementation Leader” certification after going through a “COPC(R) Best Practices for CX Operations” training class from April 23 to April 27, 2018.

COPC(R) Best Practices for CX Operations is the de-facto global industry standard training program that helps companies achieve cost optimization and sales expansion as well as develop globally sought-after talent for their capabilities of improving service quality and customer satisfaction (CS). COPC Inc. certifies training participants who pass a half-day exam at the end of the class as, “COPC CSP Implementation Leader.”

25 transcosmos Korea employees who are responsible for service operations and consultants who execute business improvement initiatives in the CRM business which focuses on contact center services and BPO (Business Process Outsourcing) business participated in the COPC(R) Best Practices for CX Operations class and all 25 members became, “Certified COPC CSP Implementation Leader.”

Having 25 Certified COPC Implementation Leaders is a testament to transcosmos Korea being the global leader of outsourcing vendors including call center players. transcosmos Korea will help various global companies that venture into the Korean market by improving their customer experience, optimizing their costs and expanding their sales through the provision of outstanding customer services and customer experience that meet global standards more than ever before.

About COPC Inc. (http://www.copc.com)
COPC Inc. is an innovative global leader that empowers organizations to manage complex customer journeys. The company created the COPC Customer Experience (CX) Standard and provides consulting, training and certification for operations that support the customer experience. Founded in 1996, COPC Inc. began by helping call centers improve their performance. Today, the company works with leading brands worldwide to optimize key customer touchpoints and deliver a seamless experience across channels. COPC Inc. is privately held with headquarters in Winter Park, FL, U.S. and has operations in Europe, Middle East, Africa, Asia Pacific, Latin America, India and Japan. To learn more about COPC Inc., visit http://www.copc.com.

About COPC(R) Best Practices for CX Operations
COPC(R) Best Practices for CX Operations is an in-person training program for companies that operate a single-channel such as call center players as well as companies that offer omni-channel customer support via website, social media and mobile. This training shows participants, mainly customer service providers, the fundamentals of measuring and managing customer experience, methods for gathering and analyzing customer feedback, quality approach to drive improvement in customer experience, how to apply real-world benchmarks, implementation tips, and guidelines and best practices based on the CRPC CX (Customer Experience) Standard in order to manage and improve customer experience whilst improving customer satisfaction and profits. At the end of COPC(R) Best Practices for CX Operations class, COPC Inc. certifies participants who pass a half-day, in-person exam as Certified COPC Implementation Leader.

*transcosmos is a trademark or registered trademark of transcosmos inc. in Japan and other countries.
*Other company names and product or service names used here are trademarks or registered trademarks of respective companies.

About transcosmos Korea, Inc.
transcosmos Korea, a subsidiary of transcosmos, offers extensive business process outsourcing (BPO) services that include contact center services, chat services, field services, direct mail services, direct sales and internet promotion services.

Established:      May, 2001
Number of bases:     14
Number of employees: 7,600 (approximate)
URL:                 http://www.trans-cosmos.co.kr/

About transcosmos inc.
transcosmos launched its operations in 1966. Since then, we have combined superior “people” with up-to-date “technology” to enhance the competitive strength of our clients by providing them with superior and valuable services. transcosmos currently offers services that support clients’ business processes focusing on both sales expansion and cost optimization through our 173 locations across 33 countries with a focus on Asia, while continuously pursuing Operational Excellence. Furthermore, following the expansion of e-commerce market on the global scale, transcosmos provides a comprehensive One-Stop Global E-Commerce Services to deliver our clients' excellent products and services to consumers in 49 countries around the globe. transcosmos aims to be the “Global Digital Transformation Partner” of our clients, supporting the clients’ transformation by leveraging digital technology, responding to the ever-changing business environment. Visit us here https://www.trans-cosmos.co.jp/english/ Reported by PRWeb 2 hours ago.

Ireland: Collective Investment Schemes As UCITS Eligible Assets - Walkers

August 21, 2018, 12:57 am

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Investment by UCITS in other collective investment schemes ("CIS") is a matter that has recently received attention both domestically and from Europe. Reported by Mondaq 1 hour ago.