Archive for March, 2010

Volkswagen bougth the Porsche

Wednesday, March 31st, 2010

The manufacturer of luxury cars, Porsche (Porsche) accepted the offer of Volkswagen (Volkswagen) the two companies to merge. “People’s Car ‘will pay around 8 billion euros, which will be indebted company razplati a majority of its creditors, transmits Reuters.

The merger will be implemented in two stages, the final details of the transaction will be discussed at a meeting of the Supervisory Board of Porsche on 23 July.

First Volkswagen will acquire 49.9 percent of the manufacturer of luxury sports cars, however, the holding company of Porsche will retain its autonomy.

Forthcoming reshuffle and the tops of the Porsche.

The paradox here is that Porsche actually owns the majority stake in Volkswagen. Rumors of change in the roles of the two companies were already in yeast. Subsequently it became clear that the Porsche is not ready to swallow this humiliation, if we are to acquire all’s car and approached the Qatari government funds for financing.

Previously Porsche had punished Germany after CEO laughed at the opportunity to seek government rescue loan, and lent money to owners,

GM received three offers for Opel, Magna wants a larger share

Saturday, March 27th, 2010

The American owner of Opel (Opel) - General Motors (General Motors - GM), today officially confirmed that the three companies compete for the German avtokontsern: Magna (Magna International), RHJ International group of Belgian and Chinese state company Beijing Auto (Beijing Automotive Industry Holding Co), transmit Reuters.

The surprise came from Canadian-Austrian group would achieve an agreement in principle with the General Motors takeover of Opel. From Magna intend to share parts of the German automaker with his Russian partner Sberbank. Accordingly, they have changed the proposal and now they want 55% of the company komantirat to anonymous sources familiar agency. Planning and staff cuts.

This Magna is trying to show the German government that Opel will get many years of independence from U.S. giant.

The plans of the Belgian RHJ does include cuts 3 900 jobs by 2014, 2 200 of which are in Belgium, and none in Germany. The company offers 275 million euros for 50.1 percent of Opel.

The final offers will be considered by General Motors and a decision will be taken after consultation with those affected by the sale of Opel countries and a representative of the European Commission and the Vauxhall factory in Britain.

Germany hopes to have the worst word in the final and not hiding their affiliation to the Magna, even more so by the German government is expected to allocate over 4 billion euros loan to the new owner of Opel, and to provide government guarantees.

Expected reshuffle at the top of the Porsche

Thursday, March 25th, 2010

The chief executive of Porsche Wendelin Videking and CFO Holger Herter left the company informs BBC.

Videking decision of the board is coordinated with the Porsche, in connection with the transaction with Volkswagen (Volkswagen). He will receive a bonus of around 50 million euros, some of which will be devoted to social foundation.

Videking will be succeeded by the current director of production Michael Macht. Thomas Edig, which in turn is dealing with human resources, will be his deputy.

Earlier than Porsche announced that they are increasing capital by 5 billion euros, but did not specify whether the money will come from Qatar and that the emirate will receive shares in the company in exchange for funding, writes “The Financial Times”.

56-year-old Videking joined Porsche in 1983 and left in 1988, three years later returned and chief executive of the loan in 1993. Under his management during 90 years of last century the company was one of the most profitable in the world but now its debts amount to around 9 billion euros.

Sales of luxury car manufacturer were seriously affected by the crisis, and between August 2008 and April 2009 were made in Germany with 28% fewer cars compared with the same period a year earlier.

Airports in Varna and Bourgas recorded drop in passenger flights in 2009

Sunday, March 21st, 2010

In 2009, regular passenger flights to and from Varna airport were transported a total of 281 thousand passengers. In comparison, in 2008 passengers were 322 thousand, thus registered a decline of 12.7 percent. It was clear from statistical data on passenger travel on international flights conducted in 2009 by the airport in Sofia, Varna and Bourgas, a reporter of FOCUS News Agency.
Bulgarian airlines are shipped to and from Varna Airport 64 thousand passengers in a share of 22.8%. For 2008, the data is 70 thousand passengers and 21.7% share. Foreign airlines have shipped 217 thousand passengers in a share of 77.2 percent, and in 2008 the data are 252 thousand passengers and the proportion of 78.3%.
In 2009, regular passenger flights to and from Bourgas airport were transported Total 219 thousand passengers. Which is a decline of 12 percent from 2008 Bulgarian airlines have shipped 9.8 thousand passengers to and from the airport in Burgas Title by 4.5 percent and for 2008 the data are 6.1 thousand passengers and a share of 2.4%. Foreign companies have shipped 209.2 thousand passengers at a share of 95.5%. The 2008 data showed that passengers are 243 thousand passengers and 97.6% share.
Major carrier on scheduled flights for foreign airlines is Wizz air, with 81 thousand passengers transported and the proportion of 37% of passengers carried on scheduled international routes from and to Bourgas.

Check concessions for airports in Bourgas and Varna

Saturday, March 20th, 2010

Ministry of Transport, Communications and information technology expertise will award the concession of the implementation of programs for airports in Bourgas and Varna.
Office published on the website of the Official Gazette an announcement about the contract to perform accounting and technical expertise to the implementation of investment plans for 2008 and 2009 will be set and the period of implementation of outstanding investment approved plans for immediate improvement and annual investment plans for 2007 will serve as a base contract for the concession of civil airports for public use in Bourgas and Varna.

More 400 thousand Honda retreat cars in USA

Thursday, March 18th, 2010

Honda announced that draw more than 400 thousand cars in the U.S. because of a defect in the braking system. For the second time within a month the Japanese company withdraw their cars, because of manufacturing problems.
Cars to be withdrawn from the market, the models are “Ulysses” and “Elamant”, produced in 2007-2008. According to the complaints of customers of the brake pedal is soft or trigger system almost touched the floor before. So far in the U.S. have registered three incidents associated with this defect, but no death, informed bTV.
One month ago, Honda withdraw from the U.S. market more than 420 thousand cars produced during the 2001-2002 year, after he was found fault with the air bag on the driver’s seat. Earlier and Toyota retrieve their cars for mass production defects.

Audi step on in China

Wednesday, March 17th, 2010

The company opened a new production line with a capacity of 100 thousand cars a year in the city of Changchun, which will double the total production in China
Luxury brands under the umbrella of the Volkswagen Group (Volkswagen) Audi (Audi) has sold a 11 per cent more cars in China in the first half, or 66 866 cars, officials said.

In June alone realized the biggest market for Audi cars are 28 percent more, or 13 265 thousand pieces. Last year sales hit the mark in Podnebesnata 119 598 units.

In this context Audi plans to double production volume of cars in China to 200 thousand pieces per year. The company opened a new production line with a capacity of 100 thousand cars a year in the city of Changchun, the investment is estimated at over one billion euros. Also planned opening of 16 new showrooms.

Audi accept construction of a new plant as a strategic step in developing its presence in the Chinese market is barzorazrastvashtiya that surpass even the U.S. by number of cars produced and sold last year. Projections indicate that by the end of the year over Chinese will buy 10.7 million cars, while U.S. cars will be realized in less than 10 million.

Despite the expansion of the Chinese market, however, Audi predicts that by year-end sales of the brand will be thrown down by 10 percent to 900 000 cars made.

Renault with new models

Tuesday, March 16th, 2010

Renault expands sportiness models created based on the Twingo, Clio and Megane with new small roadster with a hard roof exclusionary.
Wind roadster was officially presented in Geneva.

Technically it is created based on the Twingo. Most interest in Renault Wind is undoubtedly the design of the roof.

Instead of complicated folding mechanism from Renault have found a much simpler and cheaper solution, covering only one part (instead of two as in standard folding hard top).

The roof opens and inserts back into the rear lid for 12 seconds.

As expected Renault Wind will have a base 1.2 Turbo engine with a power 74 kW, it will have a version with the 1.6 16V with power 98 kW, known by the Twingo Renault Sport.

The car has a length of 3830 millimeters, and the wheels are size 16 or 17 inches.

Renault now on display company promotional video of the Wind, which I imagine we do.

IP video surveillance of Burgas airport

Sunday, March 14th, 2010

Completing the system for IP video surveillance of Burgas airport, which is the third stage of the monitoring system of Fraport Twin Star Airport Management AD. The first stage was built and runs the monitoring of common areas, a second object on a remote nablyudnieto SML airport Varna. Cameras used to monitor the external areas are AXIS 214 PTZ outdoor, selected because of the possibility of movement, greater range of varifocal lens Sensitivity low and high resolution. Internal cameras are used AXIS 211 and 221, as places are important to use the second model because of their ability to record with up to 45 frames per second for each resolution. For network equipment are selected devices on Cisco, as the leading manufacturer in this field. Specificity in the construction of the three sites are remote from the center for monitoring cameras and the inability to spend a cable to them. This requires the use of wireless devices Cisco AeroNet1310. For greater certainty all wireless links are duplicated. To record data were used servers IMB3850 five 300GB disk, and each server is not recorded more than 40 cameras. Management software, cameras, visualization and adjustment of the record is MileStone Enterprise, chosen because multisarvarnata platform and the ability to record and monitor neogrnichen number of cameras. With its aid in a single center for monitoring all cameras are visualized by airports of Varna and Burgas.
Rad CT Group has extensive experience in building network solutions including wireless, from 7-8 years and build video surveillance systems, has certified specialists Cisco, Milestone, etc.. Which makes the pioneers in the development of new IP based video surveillance systems.

Magna will fight to the end, improve the offer for Opel

Saturday, March 13th, 2010

Negotiations between General Motors, the german representatives of government and the Belgian group Magna RHJ International, which is a favorite of the Detroit giant is continuing for now - no concrete result
Germany preferred Austrian Canadian group Magna (Magna International) decided to race to the end of Opel (Opel), transmit Reuters.

Magna has submitted to the U.S. owner of Opel - General Motors (General Motors), a new and improved offer for the German car company.

Canadian-Austrian group proposes to invest 350 million euros from its own funds in the Opel factory at this - heap, issued an anonymous source close to negotiations for the deal, told Reuters.

The previous bid Magna offered to invest 100 million euros in the German corporation of two tranches of 50 million euros, the agency recalled.

Negotiations between General Motors, germanskoto representatives of government and the Belgian group Magna RHJ International, which is a favorite of the Detroit giant is continuing for now - without concrete results. Chinese state company Beijing Auto ((Beijing Automotive Industry Holding Co) is “finally drowned in the Danube”, recognizing that the failure of its bid.

Germany before more than a month on signing of the agreement in principle, stated a preference for Magna, supported by the Russian Sberbank, although the company asked for higher government guarantees. General Motors, however, could not agree on intellectual property.

Americans saw in the Belgian group the opportunity to return Opel in better times, because of RHJ not claimed ownership of production technologies.