Euro Lottery Forecast

New Page 1

Join an e-Lottery Syndicate            Buy Lottery Tickets Online

Businessmen controversial in Germany

The global economic crisis has taken a heavy toll on the German economy, and the outlook remains bleak. German citizens estimating current economic situation in the country to be extremely negative, and almost nobody expects to see a turnaround this year. In addition, most Germans believe that the government is not doing enough to stimulate the economy.

However, according to a survey by the Center for European Research (ZEW), economic forecasts of German firms have generally improved, with almost two thirds of German companies anticipating an economic recovery in 2010. According to the survey, industrial companies are the most optimistic, with more than three quarters expecting to see an upward trend in the near future.

With experts in the daily analysis possible solutions to the economic situation, we examined more closely entrepreneurs from Germany and asked: What business and founders have been huge successes of the past? We discovered that, sometimes, economic prosperity and success of companies were the hands of the characters rather controversial. Successful entrepreneurs are often marked by their innovation, they strive to improve constant level of economic development and contribute to sustainable economic growth. These people are both successful and controversial – is it possible that the trait is determined the other?

Here are 6 businessmen the most controversial of the German economy:

1. Hartmut Mehdorn

Between 1999 and 2009, Hartmut Mehdorn (57) was the CEO and Chairman of Management Board at Deutsche Bahn AG (German Railways). He was significantly involved in the restructuring of formerly state-owned company into a service provider private. With a profit of 253 million euros in 2004, Deutsche Bahn was in the black for the first time without government subsidies. Between 2004 and 2008 revenues of the railway has increased from 15.6 to 33.5 billion euros. Due to charges of espionage secrecy on employees Deutsche Bahn, Mehdorn has left the company April 30, 2009.

2. Anton Schlecker

title = "Anton Schlecker"> Anton Schlecker (55) is considered the leader in the pharmaceutical market in Germany, with its chain of drugstores "Schlecker" among the 25 largest companies in Europe. As a businessman intractable Schlecker business philosophy is simple: it requires strict control over its employees Maintenance and low fixed costs by paying relatively low wages. In fact, he is said to have paid hundreds of employees wages below the standard years. Following a restructuring of the company, about 12,000 workers currently on the verge of being dismissed.

3. Lars Windhorst

Lars Windhorst (32) was said to be Number of Germany a creative business in the early 1990s. In his teens, he founded his first company, selling equipment computer. Over a short space of time, his company has evolved into a diversified company with a sales volume of approximately 90 million euros. While the business activities expanded rapidly, the Windhorst group launches in the electronics, industrial, commercial, real estate and finance. At the turn of the century, when the bubble of the so-called new economy burst, the operation Windhorst has suffered a similar fate. In 2004, Lars Windhorst co-founded the investment group Sapinda and completed according to the transaction log reports $ 1.5 billion in recent years. Since May 2009, Lars Windhorst has acted as CEO of sapinda Deutschland GmbH, German subsidiary of Sapinda Investment Holding BV and overall portfolio invests in shares of public companies, private equity and debt.

4. Thomas Middelhoff

Thomas Middelhoff (56) celebrated his greatest professional success as Chairman of the Board and CEO of Bertelsmann AG and Arcandor AG (formerly KarstadtQuelle AG). At Bertelsmann, he has been closely involved in the strategic reorientation of the Group and has doubled the revenue of the company by investing in service of AOL, Internet-based exchange platform Napster music and creating the RTL Group. In 2002 Middelhoff resigned his position at Bertelsmann due to disagreements with shareholders. From 2005, he has done to increase the turnover of the company KarstadtQuelle AG by one third, which at that time got into financial difficulties. However, Arcandor is now bankrupt and the company stores insolvent are about to be resumed.
Middelhoff in 2009 founded the London-based company investment Lahnstein Middelhoff Berger & Partners LLP. He is chairman of the managing authority table.

5. Ehssan Dariani

Ehssan Dariani (26) is deemed be the icon of entrepreneurship and the enfant terrible of German Web 2.0. In 2005 he founded the web-based social network studiVZ. During the 4 years, StudiVZ has become the leading platform in Europe for students, raising no less than 13 million registered members. But despite its growing success, many critics have been received in respect of data protection software and user data sharing. Following the controversy, Darian resigned as CEO of the company in March 2007 and the platform has been sold to the publishing group Georg von Holtzbrinck for 85 million euros. Within months, the Web 2.0 favorite Dariani became a millionaire and a man much maligned in the industry – both at the same time.

6. Jens Schumann

Jens Schumann (35) founded the company internet gambling Tipp24 AG in 1999 to provide almost all lottery games state gambling. As president and CEO of the company, Schumann has quickly achieved impressive growth rates in 2003 transaction volumes reached more than 100 million euros for the first time and two years later, the company became listed on the stock market, with revenue estimated 40.1 million. However, early this year, lottery games online were prohibited, with gains in line are no longer guaranteed by the state. At the end of March 2009, Tipp24 said the company had to renounce his German business entirely. In the context of a Treaty gaming news, Tipp24.de is now operated by the London-based Tipp24 Services Ltd.

About the Author

Kathrin Hoffmann is based in Berlin and has been an enthusiastic writer for more than 15 years.

Share and Enjoy:
  • Print
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • Blogplay

Leave a comment

Your comment