
Trump Marks 100 Days of Second Term with Low Approval Ratings
April 29, 2025: Donald Trump’s second term has reached the 100-day mark under sustained public skepticism, with national approval ratings
September 22, 2022: -On Wednesday, the German state agreed to the nationalization of utility Uniper as it keeps the industry floating in the wake of an energy crisis.
Having accepted in July to bail out the major gas importer with a 15-billion-euro rescue deal, the state will buy out the 56% stake of Finland’s Fortum for 0.5 billion euros. The German state is set to own nearly 98.5% of Uniper.
“Since the stabilization package for Uniper was agreed in July, Uniper’s situation has further deteriorated rapidly and significantly; as such, recent measures to resolve the situation have been agreed,” Fortum announced in a report on Wednesday.
Uniper is Germany’s largest gas importer and has been squeezed by vastly reduced gas flows from Russia, which has made prices soaring.
Earlier this month, Russian state-owned energy giant Gazprom indefinitely halted gas flows to Europe through the Nord Stream 1 pipeline. Uniper CEO Klaus-Dieter Maubach told CNBC that would exacerbate the company’s struggles.
Fortum will be doing deconsolidate Uniper as of the third quarter of 2022, the company said, while Fortum’s 4 billion euro loan to Uniper will be repaired, and the Finnish company will be lifted from a 4 billion euro parent company guarantee.
“Under the recent circumstances in the European energy markets and recognizing the severity of Uniper’s situation, the divestment of Uniper is the correct step to take, not for Uniper but for Fortum,” said Fortum CEO Markus Rauramo.
“The role of gas in Europe has changed since Russia attacked Ukraine, and so has the outlook for a gas-heavy portfolio. The business case for an integrated group is zero longer viable.”
We provide the insights on leaders who are responsible for taking their organization to new heights, all the while bringing together a group of talented individuals.
April 29, 2025: Donald Trump’s second term has reached the 100-day mark under sustained public skepticism, with national approval ratings
April 24, 2025: NATO closely monitors a series of Russian naval exercises in the northern waters near Finland and Norway amid heightened military activity
April 23, 2025: The U.S. Supreme Court is preparing to issue a ruling on whether AI-generated political speech is protected under the First Amendment
Manufacturers often struggle with generating accurate and timely quotes, delaying customer responses and risking profitability. Traditional quoting processes can take days or even weeks, while customers expect responses within 24 hours. Micro Estimating Systems addresses these challenges with advanced software that allows users to generate highly accurate quotes in minutes. By integrating with shop-specific data and automating feature recognition, their solutions ensure precision and speed, empowering manufacturers to make informed decisions and enhance their operational efficiency.
Manufacturers often struggle with generating accurate and timely quotes, delaying customer responses and risking profitability. Traditional quoting processes can take days or even weeks, while customers expect responses within 24 hours. Micro Estimating Systems addresses these challenges with advanced software that allows users to generate highly accurate quotes in minutes. By integrating with shop-specific data and automating feature recognition, their solutions ensure precision and speed, empowering manufacturers to make informed decisions and enhance their operational efficiency.
Manufacturers often struggle with generating accurate and timely quotes, delaying customer responses and risking profitability. Traditional quoting processes can take days or even weeks, while customers expect responses within 24 hours. Micro Estimating Systems addresses these challenges with advanced software that allows users to generate highly accurate quotes in minutes. By integrating with shop-specific data and automating feature recognition, their solutions ensure precision and speed, empowering manufacturers to make informed decisions and enhance their operational efficiency.