Westphalian

EQS-News: Hengst and paragon Forge Strategic Partnership

Retrieved on: 
Thursday, October 6, 2022
Time, Electronics, Standard, Filtration, Virus, Frankfurt Stock Exchange, Mobility, Longevity, Fungus, Mechanics, Allergen, Partnership, Technology, Industry, Health, Gesellschaft mit beschränkter Haftung, Motor vehicle, Safety, Bacteria, Air filter, Solution, Schrattenfluh, Paragon, Heating, ventilation, and air conditioning, Westphalian

Filtration specialist Hengst SE and leading automotive supplier of sensors and electronics paragon GmbH & Co. KGaA want to break new ground in interior air filtration and have recently entered into a strategic partnership to this end.

Key Points: 
  • Filtration specialist Hengst SE and leading automotive supplier of sensors and electronics paragon GmbH & Co. KGaA want to break new ground in interior air filtration and have recently entered into a strategic partnership to this end.
  • For over 30 years, paragon has played a leading role as a technology provider developing innovative sensors and electronics.
  • In the future, Hengst and paragon will work together on developing an electrostatic filter for car interiors that can go into series production.
  • The components designed optimally for each other by paragon and Hengst guarantee the highest performance in filtration.

DGAP-News: FRIWO AG: FRIWO with focus on sustainable improvement of balance sheet quality

Retrieved on: 
Friday, April 1, 2022
House, Annual report, Addition Financial, Motor vehicle, Mission statement, UNO, Growth, Security (finance), Westphalian

In this context, the Westphalian group has already noticeably increased the equity ratio from 7.7 percent to 11.9 percent via the conversion of a shareholder loan into equity.

Key Points: 
  • In this context, the Westphalian group has already noticeably increased the equity ratio from 7.7 percent to 11.9 percent via the conversion of a shareholder loan into equity.
  • This financing step takes place after the necessary clearance has been granted by the responsible Indian financial authorities.
  • The equity ratio should rise significantly to more than 25 percent as a result.
  • In order for this to be adequately reflected in the company's financial statements, FRIWO is postponing the publication of the annual report by one week from 24 March 2022 to 31 March 2022.