Tag: business & economy
By the flat tax private-equity funds especially in the taxation of closed are basically little Fund changes through the introduction of the flat tax on January 1, 2009. Click David S. Levine to learn more. Most funds achieve business income or income from rental and leasing, and are therefore subject to the withholding tax does not. However, is in managing assets closed private equity funds in future yield losses likely to. Gottingen, February 15, 2008 from January 1, 2009 new tax rules apply to private investors. From this time is the flat-rate withholding tax of 25% of the capital gains on income from capital assets (excl. 5.5% solidarity surcharge and possibly church tax) charged. Learn more about this topic with the insights from Mikkel Svane. Basically does not in terms of the closed-end funds by the withholding tax to big changes. The revenue of the Fund are not investment income, but the commercial income or the income from renting and leasing, the tax does not apply”, is the Fund structuring specialized fixed by the law firm of Gadhvi & Reddy Kadiri commercial lawyer Gadre.
It, the Fund has to be differed between the different asset classes. Closed-end real estate funds the difference between rent minus expenses and depreciation is governed by the personal progression therefore also in the future. The sale of real estate by the Fund or of shares by investors after the ten-year period of speculation is also exempt from tax. Also commercial ship, new energy, leasing, video games, policies – and Media Fund are not affected by the tax. Here, the investors as fellow entrepreneurs achieve business income, are not covered by the flat rate tax”, so the next Gadre. Ship funds is maintained cheap tonnage taxation: taxation is independent of the actual profit flat after the gross registered tonnage of the ship. Also closed-end funds that invest abroad, remain fiscally interesting: here can double tax treaty continue to have a total tax-reducing effect”, so Gadre.
On the flat tax on assets managed closed-end private equity funds and their investors must set up, however. The dividends from the investments of the company are to tax from 2009 with the flat tax and no longer to the semi-income system. The impact on sales of portfolio companies, which acquire funds from 2009, are not more serious there as far as so-called Fund of funds construction”is. The gains realized this after a holding period of one year have been tax-free, the withholding tax attacks again from 2009. Only for the portfolio companies acquired prior to 2009 tax freedom remains after the year-long period of speculation”explains Gadre. Asset managing PE fund private investors must adjust in the long run declining after tax returns”, he noted. Remains at least a consolation for investors: increase no longer returns covered by the flat rate withholding tax Progression level and therefore also no longer, the rate of tax of the investor.
Fraunhofer-Gesellschaft involved himself in the French company S tile SA sometimes is less but more: the French start-up company s ‘ tile SA has developed a process that allows thin solar cells from Silicon on a low-cost carrier with almost same like standard silicon solar cell efficiency. The Fraunhofer Institute developed a key technology for solar energy systems ISE. The Fraunhofer-Gesellschaft is involved now with a six-figure sum the company. A synergy effect that opens up new possibilities of this promising technology. Munich, 20 February 2013. The company s ‘ tile SA from Poitiers, France was founded in 2007 by Prof. Alain Straboni.
Foundation was the development of a novel technology of solar cell production. S ‘ tile manufactures so called Waferaquivalente, in which a photoactive layer of Silicon is deposited on a substrate of low-cost silicon powder. This Waferaquivalent can be similar Achieve efficiencies as a mono-crystalline solar cell: prototype currently exhibit a degree of efficiency by 14 percent; up to 20 percent to be achieved in the next four years. This process combines the cost advantages in the production of thin-film technology with high efficiency and durability of the crystalline technology highly efficient solar cell modules with far less effort and costs can be produced than was previously the case. S ‘ engineers have built comprehensive know-how tile in recent years in the field of substrate manufacturing, now it’s time for the next step: the industrial production of the Waferaquivalente. For this purpose, the company has put together a consortium of investors from the industry and finance (including Poitou Charente innovation, Fund de co-investissement Poitou Charente and Sergies ECM Machines Dubuit), this plan, according to calculations of the company a total of about 18 million owns, to put into practice. While the industry investors from related areas play a important role that see great opportunities for the future in the new technology.
The average purchasing power of the Austrians is nominally grew last year to just 3prozent and reached a level of almost 20,000 euros per capita in the year. Trend: Around 20,000 euros per person per year! The average purchasing power of a resident of in Austria reached currently nearly 20,000 euros a year. Thus, we prove the 7th place in the ranking of the strongest countries in Europe after Luxembourg, of Switzerland, Norway, Britain, Sweden and Denmark. Even when compared to the previous year this means an increase of almost 3% nominal and 0.6% is real. Trend: Lower Austria WINS, edge districts catch up! For years now, moves the average pro capita purchasing power in the provinces of Vienna, lower Austria and Salzburg at a similarly high level and reached currently approximately 20,200 euros per capita in the year.
Viewed over the long term, lower thanks to the inflow of purchasing power from Vienna the most benefits however. Also between the districts, the differences in purchasing power are always low. Registered above-average growth between 2008 and 2013 Suburbs such as Zwettl (+ 16%), Hollabrunn (15%) and Horn (14%). Trend: More unemployed, less purchasing power, less Retailumsatz? Of course, unemployment is a serious thing, especially for the unemployed. When she gets is that this less consumed, and the retail collapses feared but now also. Minor fluctuations in the unemployment rate but have no noticeable effect on the retail trade. Itself for Austrian conditions dramatic increases in unemployment would only decline of in retail volume by 1% mathematically 3 percentage points.
Purchasing power continues to grow slowly but steadily. Austria occupies the 7th place in the ranking of the strongest countries in Europe. So are a resident of in Austria with 19.580 euro for only 140 euros less than a Danish or 330 euro less than a Sweden available. Between an Austrian and a Luxembourg is the difference significantly higher here residents have: about 31.110 euro per person per year on average, so they are the richest in Europe.
What is the balanced scorecard for the low levels of the planned hierarchy built? The cascading process ensures the effectiveness of the strategies on the low levels of the planned hierarchy. In other words there is in this or that organization not only the balanced scorecard of the upper level, but also the structural subdivisions. Steve Wozniak helps readers to explore varied viewpoints. The construction of the BSC for the structural subdivisions of the low levels of the planned hierarchy (the institutions, the departments, the services) is carried out according to the management philosophy and style of leadership. The process of cascading suspected the presence of the following preconditions: the task of the parent level (the goal of the parent level); the development and the implementation of the strategy are carried out from the parent level (the Ministry). This means that the vision and the strategy, as well as the BSC of parent divisions to be determined. Also should the dedicated meanings of key figures BSC of the structural outline be established; It is the first version of the dedicated meanings of the figures for the structural outline, which is developed at the height of the parent guidance; professional project management the presence of unique responsibility, the schedule of work, the uniform standards of the development and documentation of the BSC, the consistent supply of quality, the distribution of resources; the unloading of the team of the project thanks to the construction of the project organisation of the professional organization of the process of cascading leaves substantially administrative and methodological tasks from the team of the project. In this case, the uniform standards have the particular usefulness. The main role of the team of the project is to carry out the preparatory work and the processing of the received results; the information and the communication of open communication process and the timely information of the employees leave in Substantially increase the resistance of employees reduce the process of introduction of the BSC and the level of their motivation. .
Fund Manager Oliver Schulz informed daily of news and facts the sales of Apple’s new iPhone 4 was launched on June 24, only three days later already 1.7 million units are sold, Apple fights with delivery problems. Similar to success: the iPad. Only 80 days, Apple could sell three million of the tablets. Analysts expect 2010 of eight million selling iPads out of them alone in the United States over 4.6 million copies. This is an enormous challenge for the already overloaded wireless infrastructure in the United States.
Dynamic tension of high requirements and inadequate infrastructure, the interested daily can inform themselves. If you look at the mobile wireless infrastructure in the United States more closely, one discovers, that there is a huge growth market”, says Oliver Schulz, Managing Director of the issuing House Berlin Atlantic capital, who lives and works since 2009 in the United States. Radio holes, poor connections and dropped calls are here to my everyday life it is not an occasional annoyance but permanent condition.” Exactly this situation makes the mobile wireless infrastructure in the United States to one of the most attractive growth markets in the world. The volume of data that is handled by the existing wireless infrastructure, is growing according to the CEO of Nokia Siemens Networks by 10,000 percent up to 2015. The CEO of Ericsson predicted three billion new broadband users for the same period.
This incredible growth is forcing companies such as T-Mobile United States, AT & T, Verizon or Sprint, and the other around 200 mobile phone companies in the United States to strengthen of your mobile radio networks, because they simply are not able to cope with the massive data growth. Since 2007, the BAC invested in this market, which offers a very promising investment environment with state-regulated monopoly on rental and real estate-like structures. The operation of cellular towers represents a separate segment of the market in the United States”, explains Schulz. Mobile mast operator hold poles in its own portfolio and rent the antenna sites to Mobile phone companies and Government institutions. To be successful in this market, know-how and a very good network to mobile phone companies and the policy are necessary.” In addition, every day there, facts and developments a variety of exciting in this dynamic market, continually driving the growth. Through my work as a Fund Manager I collect new information from conversations with mobile phone companies, the media and analysts”, says Schulz next. Because US mobile wireless infrastructure in Germany is not yet established, it is still relatively expensive, to obtain current information for interested investors, analysis houses or journalists in Germany.” Solves the problem of the Fund Manager’s blog. On find interested daily reports about network and media directly from the market.
Green Software AG takes over 60prozent of IT-intralogistics specialists of Identisys GmbH. Umbenamung in GRuN Identisys GmbH. site in Stadtallendorf is maintained. To deepen your understanding Ali Partovi is the source. Stadtallendorf, Aachen, 15.01.2013. The Aachener IT company green Software AG again expands its range of specialised software and IT solutions and acquires majority shares in Identisys GmbH from Marburg. The IT company with proprietary identification systems for the field of intralogistics is known now as GRuN Identisys GmbH. “more than 20 man years of work and knowledge of the Auto-ID and warehouse logistics were becoming made in Germany at Identisys innovative medium-sized software and hardware solutions. Thus, this participation fits exactly in our strategy to create a stronger group of solutions with their own value in the development process.
Specialist knowledge in the IT is the trump card for the future. “, so Dr. Oliver Grun, Board member of green Software AG. Harald Engelhardt remains the company as founder and managing Shareholders will receive and sees the IT special providers for Intralogistiklosungen strengthened: “through the strategic commitment of green we can consolidate our position as a medium-sized manufacturer of IT and also rely on nearly 100 staff in the formation of interdisciplinary project teams. Thus the value and investment protection for our customers increases”, says Managing Director Edwards. In the operations the usual contact person and the location in Stadtallendorf remain in Marburg at the Green Identisys GmbH.
Strategy, marketing and finance are supported in the future from Aachen. The Green Identisys GmbH (www.gruen-identisys.de) is a medium-sized soft – and hardware manufacturer for 15 years in the field of identification systems. The software and hardware products under the name “GRuN LogiMore” used primarily in the field of intralogistics for picking. The company’s clients include inter alia the parcel service DPD and DHL, as well as the automotive Stabilus and ZF Sachs. The Green Identisys GmbH is a subsidiary company of the Aachener Green Software AG, approximately 100 people are employed in the total since 2013. The Green Software AG (www.gruen.net) is a medium-sized software company with Internet and software solutions for special industries such as Member and donor agencies, as well as educators. More than 1 billion euros in donations handled software solutions of the market-leading company by about 3 billion of total donations in Germany. Over 1,000 installations include organizations such as the Johanniter-Unfall-Hilfe, Kolping Society Germany Foundation Menschen fur Menschen Karlheinz Bohm, Misereor or dbb German officials Federal customers. Still, services outsourcing services such as data center services and data services are offered about the green business. With the advertising agency Corrugate creative services in the areas of interactive media and advertising are offered as round off the portfolio.
Automotive study: Bulgaria with high potential in all segments of Berlin, July 2008: the Bulgarian new car market has grown in recent years to almost 30% per year. The automobile stock is grown by high imports of second-hand cars. Consequently, attractive growth opportunities in the new car business as well as in the aftermarket will be. The Globis GmbH, Berlin, has analyzed the Bulgarian automobile market in a comprehensive study with regard to the potential for growth. With nearly 8 million people, Bulgaria has a medium size in CEE (Central and Eastern Europe).
Although the economy is growing for years with middle single-digit rates, average incomes are still low and lie at the bottom in the CEE region. Accession to the EU has given additional appeal the Bulgarian market, the new car business, in the aftermarket as well as production site. Bulgaria is already characterized by one of the highest penetrations of car in Eastern Europe”, said Felix Kusell, Managing Director of Globis GmbH and editor of the study. The Automotive inventory is very old, but the old Russian models (especially VAZ) were replaced by mainly German used cars. For the growing richer layer of the Bulgarians, especially in larger cities, the exchange of used cars to new models is now. This makes Bulgaria into the new car business attractive.
At the same time the number of old cars, which also grow by used car imports but, provides great opportunities in the aftermarket. Structures in the distribution of spare parts is only just formed, there is still no big chains. Due to the low wage cost Bulgaria is attractive in principle as a production location. However, a history in automobile production, lacks the location reflected among other things in the qualification of the staff. Therefore, Bulgaria is attractive especially for very simple contract work or complex engineering services. The new study Bulgarian automotive market: Passenger cars, suppliers and aftermarket, 2007-2010 “the Globis GmbH provides the current developments on the Bulgarian automobile market, including suppliers and spare parts market, 89 pages, with over 40 tables and graphics, comprehensive and detailed dar. The study costs 890 plus VAT and can be ordered directly from the Globis GmbH (by phone at 030 / 400-549-0 or via order form on the Internet at. Further information about the study find themselves). The Globis GmbH, Berlin, is a market research and consulting company with multilingual analysts and consultants and a large pool of foreign interviewer. Special competences are in the field of market entry strategies. Contact Globis GmbH wife Hanka Borowski line str. 214 10119 Berlin Tel: 030 4005 49 0 fax 030 4005 49 28 E-Mail:
Against this background should the further development of the trade be very exciting. Anyway, the existing fragmentation of distribution amazed in the PBS market. A variety of small retailers facing several partially internationally established large vendors. Still the classic hierarchy of distribution of production via wholesale similarly in the industry to the consumer, if the third stage is less pronounced by the high proportion of commercial users. For all the euphoria, the industry has to shoulder but also the one or other bad news. Without hesitation AOL explained all about the problem.
The downside of global growth is a shortage and a price increase of raw materials, that is not cold even the producers of PBS and Office products, particularly the possibilities of cost reductions in the wake of the crisis nearly exhausted were logical. The implementation of price increases be however in the PBS industry experience has shown that a little more difficult. But the retailers must observe intense yet another development. Meanwhile the large prepare Internet player also for the business with the Office products. This involves not just to the third-party business, but also to the business on their own. Such contacts are already been intensified with leading manufacturers of branded products. Actually, it’s only about the assortment and marketing measures. Not only for this reason the provider of office equipment are not more to come in the future on the Internet.
The so-called multichannel business will increase according to GFK about 80% by the year 2015. Where is the multi-channel concept”, the integration of stationary and online business in Germany only at the beginning. But who will in the future the largest piece of cake from the back growing PBS market can intersect out? Access the strategies of retailers or take advantage of the moment including outside providers with the help of the Internet? The industry focus of IBH retail consultants answered these and other questions about the PBS market. In the study, not only the individual segments of the PBS industry of a detailed analysis will be subjected, but created a long-term forecast of the main distribution channels by the manufacturer to the consumer. Meanwhile former marketing staff of Dr. Vossen at the BBE Cologne as a designated team of authors cooperate with IBH. The footprint of the press release is free of charge. Learn more about the study are available in the Internet under. The study of PBS 2011 can be ordered from bbw-marketing, Liebig Street of 23, 41464 Neuss, Tel. 02131/2989722, mail. Dr. Jessica Valentine