Tuesday, October 19

Tag: euros

250 million euros for 6G development
Car and traffic

250 million euros for 6G development

In Germany, too, experts should develop the next mobile communications standard. There is a technical hope behind this – and a political lesson. Dhe new 5G mobile communications standard, which can transmit larger amounts of data in a shorter time, has not yet been fully rolled out. Nevertheless, experts in Germany should already be researching how communication technology could develop based on this. The Ministry of Research is now mobilizing up to 250 million euros to set up four research networks (“hubs”).“6G will be the mobile high-performance data technology of the future and will revolutionize our communication once again in the next decade,” says Research Minister Anja Karliczek (CDU), according to a preliminary announcement made by the FAZ. “6G is expected to form the cent...
Helu collects 5 million euros for tax consultant technology
Companies

Helu collects 5 million euros for tax consultant technology

After the payment service providers and insurance brokers, is it the tax consultant’s turn? The fintech start-up Helu believes in the digitization of this industry and offers technology that consultants and clients can work with together. Nafter payment service providers and insurance brokers, tax advisors are now also to be digitized. Clients and consultants should be able to access shared data online. The fintech start-up Helu entered the market with this business idea. In a first round of financing, the Viennese company raised 5 million euros. Some well-known names from the Berlin tech scene have joined as investors.Founder Franz Salzmann, who has already been involved in a number of successful start-ups, makes a direct comparison with the insurance industry. Insurtechs such ...
German car manufacturers have to pay 875 million euros
Companies

German car manufacturers have to pay 875 million euros

Due to agreements on so-called AdBlue tanks for better emission control, BMW and Volkswagen have to pay millions in fines. As the key witness of the cartel, Daimler goes unpunished. Mith a fine totaling around 875.2 million euros, the EU Commission closed its antitrust proceedings on Thursday against the German car manufacturers VW, BMW and Daimler for agreements on exhaust gas aftertreatment in diesel cars. The highest fine of 502.4 million euros has to be paid by the VW group, which was involved in the cartel with its three brands VW, Audi and Porsche and has the highest annual turnover as the “assessment basis” for the fine. Since VW admitted the violation of EU antitrust law, the group received a discount of 45 percent.BMW accounted for 372.8 million euros. Daimler doesn’t hav...
Medical oxygen helps gases manufacturer Messer
Middle class

Medical oxygen helps gases manufacturer Messer

The industrial gases manufacturer Messer increased sales despite the corona pandemic. Medical oxygen was required. By contrast, the family company has reduced its carbon footprint, according to its own information. Dhe Hessian gases manufacturer Messer has concluded the Corona year 2020 with a significant increase in sales. The family company based in Bad Soden near Frankfurt reported this on Saturday afternoon. A decisive factor was the significantly increased demand for oxygen for medical purposes in many countries during the course of the corona pandemic, as a spokeswoman for the FAZ said when asked.In the large North American market, “strong pricing”, as Messer puts it, helped. In addition, the important market of China has recovered quickly. There, the world’s largest unlis...