Economy of Germany

AP - Authorities in Switzerland and Italy are searching for a German billionaire who has been missing in the Alps since the weekend.

Karl-Erivan Haub, heir to the Tengelmann retail empire, failed to return from a ski excursion Saturday near Switzerland's famous Matterhorn peak on the border with Italy.

Thousands of passengers at four German airports, including the biggest hub Frankfurt, were stranded on Tuesday as ground staff and other public sector workers staged walkouts across the country to increase the pressure in a pay dispute.

A prosecutor on Monday proposed that former PASOK minister Tasos Mandelis be found guilty of money laundering in relation to the sum of 450,00 German Marks (about 230,000 euros) that he is alleged to have received from German company Siemens for securing an OTE Telecom contract in 1997.

The "Rodna Stryha" product line in its partnership with the Lidl chain marks one year since its launch. Sales of over 15 million leva were realized by Bulgarian manufacturers in Lidl stores in Europe in 2017. Thanks to the partnership with Lidl, more than 20 Bulgarian companies are selling products outside the country.

Greek telecom operator OTE announced in a bourse filing on Thursday that it had won an 8.7-million-euro information technology project for Coca-Cola HBC (CCHBC).

OTE, a Deutsche Telekom subsidiary, will offer CCHBC technical support in 19 countries.

This is OTE's third IT project for the bottler.

[Reuters]

Greece did not receive any bids for the sale of a minority stake in its biggest telecoms operator OTE and has invited Deutsche Telekom to exercise its right of first refusal to buy the shares, the Greek privatizations agency said on Friday.

OTE, a former national monopoly, is 40 percent owned and managed by Germany's Deutsche Telekom.

A 1923 Leica camera fetched a world record 2.4 million euros ($2.9 million) at auction on March 10 in Vienna, the city’s Westlicht museum said.

Five million dollars in cash were stolen from the luggage compartment of a Lufthansa airplane that had to fly to Switzerland from an airport near the Brazilian city of San Paolo, France press quoted the local police.
 
The spectacular robbery was carried out on Sunday for six minutes by five men who invaded the runway, threatened security officers, stole the money and fled.

German state rail operator Deutsche Bahn said on Feb. 15 it would sharply lift investment in its infrastructure this year, part of a years-long battle to make grumbling about delays history.

Europe’s largest travel group TUI said summer bookings for Turkey were recovering, echoing comments by rival Thomas Cook and adding to hopes that pressure on profit margins for tour operators may ease.