The target of to million euros from. A little over a year after having excited the market with its @ rating solution, a rating insurable global coverage, the Coface group conceded yesterday a downward revision of expectations. The target of 10 to 25 million euros (from 65.59 to 163,980,000 francs) in turnover, to be reached in mid-2001, is now pushed back to late 2001. In fiscal 2000, @ rating has reported that two million euros in revenue. Explanation: e-commerce has not kept its promises, it is late in starting…
Thus, the fall of 2000, Coface has expanded its offering to all commerce players, including banks. His goal is now to join up to prescribers in the traditional economy in standard notation @ rating. And develop a logic of its subscription service, although originally the @ rating product should be consumed rather piecemeal. Between September 2000 and March 2001, the number of agreements concluded with Coface prescribers (excluding market places) has increased from 26 to 133. The credit insurer has two priorities: the promotion of trade organizations that increase the visibility of @ rating, as central body of German Chambers of Commerce and prescribers likely to bring a lot of turnover, the most notably the banks. Read the rest of this entry »
The Caisse d’Epargne Provence-Alpes-Corse and. Within days, two venture capital funds have been created in Provence, intended primarily for regional companies. The Caisse d’Epargne Provence-Alpes-Corse and the Caisse des Depots (CDC) opened Innoveris, mutual fund investment in innovation (FCIC), with 60 million francs (9.15 million euros) and 300 million francs next year. For its part, the company Finadvance Aachen, specializing in private equity since 1988, has joined with two co-founders of Gemplus Group to develop a FCPR Finadvance Ventures, which should raise 250 million francs. These two newcomers confirm the rise of venture capital Paca, who begins to catch up. The movement is first party institutional investors, with the creation of PROXIPACA Finance, developed by the region, the CDC, Caisse d’Epargne and banking partners…
Meanwhile, the Caisse d’Epargne and CDC have pursued the reorganization and development of their sector capital investment. Cofismed, their joint venture, Southern Capital has relaunched, with a first venture capital funds of CHF 150 million dedicated to investments in the South (40 million invested to date in nine companies). Creating Innoveris is a second phase, to be completed next year, a fund of 200 million francs to strengthen the action of venture capital companies operating in the Mediterranean. FF annual needs Paca. The vast majority goes into the hands of large national and international funds, but regional actors put forward their knowledge of the local fabric. Read the rest of this entry »
It builds on the growing problems related to the saturation. It builds on the growing problems related to the saturation of European roads to advocate the development of other modes of transportation. Indeed, the major European countries, Germany, Great Britain, Italy and France, have one thing in common: multiple bottlenecks inherent in infrastructure. Their poor condition or insufficient quantitative limit the flexibility of supply over demand increasing passenger and freight. Demand for rail transport in England increases, in a saturation of all the roads around London, with traffic increasing annual average of 5% for passengers and 9% for freight…
Charles Edelstenne underlines the good performance. As we enter the Paris Air Show, Dassault Aviation is a rapidly changing society. Charles Edelstenne underlines the good performance of the business jet market premium. The rise of shared ownership, however, compensates the first signs of slowdown in demand from businesses and individuals…
Finally, the head of Dassault Aviation opposition once again an absolute bar to those who argue for greater integration between his group and EADS. How’s business in the civil and the military? Not bad, thank you. Our backlog is filled for two years ahead. In civilian life, our investments and our efforts to streamline and development have been rewarded as we went to visit the market. Thus, over the last four years we have benefited from a buoyant market and won orders for 80-100 planes per year while they were at the beginning of the decade than twenty aircraft per year. Read the rest of this entry »
The initiative provided an entry for to of. Consors, Europe’s leading online brokerage, puts pressure on the Berlin Stock Exchange. The initiative provided an entry for 10% to 25% of Consors in the capital of the Berlin Stock Exchange. So far, nothing has yet been signed, except the repurchase by the Berliner Effektengesellschaft Consors, the largest broker of Berlin. Consors…
The former head of the Neuer Markt has clearly indicated that it remained open to alternatives, refusing to name which ones. The possibilities are endless. Deutsche Bank, for example, announced its intention to create its own electronic platform by 2004, inviting other banks to participate. Reto Francioni regrets that other brokers, such Comdirect, a subsidiary of Commerzbank, Direkt Anlage Bank or the subsidiary of HypoVereinsbank, do not be attached to the project with Berlin. Read the rest of this entry »
Titus M perhaps soon Pathe TF. Able to go it alone, the A starts counting on alliances. Titus, M6, perhaps soon Pathe: TF1 partnerships have increased during recent weeks. Associations reason for this group decided to establish itself in new media…
Diversification chain. TF1 opts diversification controlled. The 40% owned by Bouygues, which still derives three-quarters of its revenues from its television channel TF1, must compensate for the erosion of the audience (it increased from 35.3 to 33.8% between October 1999 and 2000), driven by competition from cable and satellite. Owner of 25% of the satellite broadcaster TPS, the band launched into the channels: LCI, Eurosport, Odyssey (documentary), Shopping Avenue (shopping) and TV Breizh (Brittany on TV). Other projects are in the pipeline: LCFI chain, finance version of LCI, and TF6 – general entertainment channel targeted at least 50 years – the result of the combination of TF1 and M6 and launched on 18 December. Read the rest of this entry »