Trade Sep-Oct Interactive - page 6

Dunkin’ Donuts Brings
Baskin-Robbins Ice
Cream to Germany
Dunkin’ Brands Group Inc. plans to
bring its colorful Baskin-Robbins
ice-cream cakes to Germany next
year and open more Dunkin’ Donuts
stores in Europe as it sees the region
bouncing back from the recession.
The company, based in Canton,
Massachusetts, expects to have 150
Dunkin’ Donuts shops in Germany
within five years, up from 35
currently, with more outlets from
Munich to Hamburg, Chief Executive
Officer Nigel Travis said in an
interview. Dunkin’ Donuts, which
was founded in 1950 and offers more
than 70 types of donuts, came to
Germany in 1999, first opening
stores in Berlin and its surrounding
SolarWorld Extends All-
American Solar Financing
Program to Six More States
SolarWorld, a subsidiary of German
SolarWorld AG and the largest U.S.
solar manufacturer for more than 35
years, has extended its popular
Freedom Plan, the solar industry’s
only financing program dedicated to
high-quality, American-made solar
panels and racking, to six additional
U.S. states. With zero-down, low-
down and prepaid options, the
SolarWorld Freedom Plan offers
homeowners several options for
financing their American-made solar
investment and minimizing their
upfront costs. SolarWorld AG
manufactures solar power systems
and in doing so contributes to a
cleaner energy supply worldwide.
The company, located in Bonn,
employs approximately 2,500 people
and carries out production in
Freiberg, Germany, and Hillsboro,
Hugo Boss Benefits from
U.S. Demand and Tight
Stock Management
German fashion house Hugo Boss
said tight stock management and
fewer discounts drove up profits and
that shoppers in the United States
helped offset a still-challenging
market in mainland China. The
company’s second-quarter rise in
sales and profit are further evidence
of a rebound in the luxury sector.
The fashion house said that in the
United States, its biggest market, and
Europe, it benefited from tourists
from Asia and Latin America
spending money on its suits and
shirts. It reported that second-quarter
sales are up by 11%.
Volkswagen Opens New
Distribution Center in U.S.
German carmaker Volkswagen's
subsidiary, Volkswagen Group of
America, has opened a $40m
Southeast Regional Distribution
Center (SERDC) in Roane County,
Tennessee in the US. The new
distribution center has a footprint of
over 459,000 sq ft that will be used
for distributing domestic auto parts
for the Chattanooga-made Passat
vehicle, across the globe. Started as a
redistribution center, the facility is
expected to meet the increasing
requirements in the US, Canada,
Mexico and Germany and will be
expanded in the future to include a
parts DC.
New Merger Penguin
Random House Creates
World's Largest Publisher
Germany's Bertelsmann and UK media
group Pearson have sealed the
founding of Penguin Random House in
the United States, after receiving final
approval from the US Department of
Justice. With a payroll of more than
10,000 employees the new publishing
group will generate sales of around
EUR3 billion ($3.9 billion). Penguin
Random House embraces almost 250
publishing units. The corporate
headquarters are in New York.
Germany Will Stop
Subsidizing Solar in 2018
Germany has announced that it will
have stopped subsidizing solar
energy by 2018 following a year in
which generous state support for the
sector was scaled back. Peter
Altmaier, a member of Chancellor
Angela Merkel’s Christian Democratic
Union, has fought to set a ceiling for
solar above which the German
government would no longer to be
able to offer financial support. Mr
Altmaier confirmed that the limit of
52MW would be reached by 2017 or
2018. At present German solar
generates 34GW of power.
IBM Announces Services
Center in Magdeburg,
Germany, Creating up to
300 New Tech Roles
IBM announced a new services center
in the city of Magdeburg, Germany
that will create up to 300 German
language IT roles in the coming three
years, enabling IBM to deliver an
industry leading range of technology
services to German speaking clients.
The new IBM Services Center
Magdeburg, a wholly-owned subsid-
iary of IBM, will provide German-
speaking IBM clients with high value
application development, application
maintenance and systems integration
services that address the increasing
demand for flexible software capabil-
ity to harness the benefits of emerg-
ing Big Data, cloud and mobile
business technologies.
German American Trade Sep/Oct 2013
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