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Mittelstand, Jan Marsalek, Georgena Terry, encouragers

2022-04-19T21:37:50.327Z


Every evening we summarize the most important economic news of the day. Today with three encouragers and a monster wave, an extradition request for Jan Marsalek in Moscow and German medium-sized companies who dare to enter the metaverse.


A product scout from Silicon Valley and a venture investor from China meet at the train station in Itzehoe.

Why did both go to Schleswig-Holstein in the land of horizons?

There they visit the two German medium-

sized companies Ulrich Hofmann and Thomas von Wantoch

.

The two are now known far beyond the country's borders as "glasses brains".

With their company

Oqmented

, the two former researchers at the Fraunhofer Institute have developed a technology that can be used to map virtual reality in the smallest of spaces.

For years, the big tech companies around the world have been working on building data glasses that are suitable for everyday use.

And German medium-sized companies are heavily involved in this project.

Oqmented from Itzehoe is not alone.

Numerous German visionaries are gearing up for the new billion dollar business.

The Aachen start-up

Oculavis,

for example, offers software that machine builders can use to repair their devices in the customer's production halls - without their specialists having to be there in person.

The Bremen-based company

Ubimax

, on the other hand, has specialized in "augmented reality" with its software - and has now been bought by the Teamviewer group.

In her story "Metamacher", our colleague Mirjam Hecking uses concrete examples to show how German medium-sized companies are literally conquering new worlds.

The business news of the day:

  • IMF lowers global growth forecast:

    The global economy will grow significantly more slowly this year.

    The

    International Monetary Fund

    , which is currently meeting in Washington, expects a global growth rate of just 3.6 percent due to the Ukraine war.

    The IMF estimates that growth in the euro zone will be around 2.8 percent this year.

    In Germany it will probably only be 2.1 percent growth.

    This means that the outlook for German economic growth has almost halved.

  • German judiciary asks Russia to extradite Jan Marsalek:

    The German judiciary has contacted the Russian government with a request for legal assistance.

    According to media reports, the investigators are demanding the extradition of former

    Wirecard manager Jan Marsalek

    .

    This is said to have gone into hiding in Moscow: in a hiding place that the Russian secret service FSB is said to have provided.

    The public prosecutor's office in Munich announced that it would not comment on international legal assistance measures.

  • Intel boss Gelsinger is the top earner in the USA:

    The average salaries of top US managers rose to a record in 2021.

    Intel CEO Patrick Gelsinger tops the list of America's top 100 earners with an income of $178 million.

    Apple boss Tim Cook follows in second place with 99 million dollars.

    Broadcom CEO Hock E. Tan comes third with $60 million.

    There are only nine women on the top 100 list.

The personality of the day:

  • After studying mechanical engineering, Georgena Terry

    was a securities analyst, then a trader, then a manager at Xerox.

    She then taught herself how to build a bicycle frame and founded the first women's bicycle company.

    Even today, at the age of 71, the founder of

    Terry Precision Cycling

    completes around 10,000 kilometers on her bike every year.

    And works through the order pile for custom-made bicycles with the same persistence.

    In an interview, the tireless founder reveals how to make your life dreams come true - and why she was never afraid of failure.

What else kept us busy:

  • How to recognize and avoid "greenwashing":

    Many companies boast that they are significantly reducing their CO2 emissions and in doing so are doing something about climate change.

    But what information is actually just a facade, i.e. greenwashing, and what figures should you really take seriously on the path to sustainable management?

    In a sensational study, the two prominent researchers

    Robert S. Kaplan and Karthik Ramanna

    have developed a system to use the hitherto common but flawed "

    GHG Protocol

    Kaplan and Ramanna's alternative system is based on best practice accounting methods - and makes it possible to record greenhouse gas emissions along a company's entire value chain will hear.

My recommendation for the evening:

  • How to gain courage in times of crisis:

    If you jump down a 25 meter wave on a surfboard at 80 kilometers per hour, you are taking a certain risk.

    One mistake - and the sea swallows the human for minutes.

    "In such a situation, I don't react at all until the power of the sea subsides," says big wave surfer

    Sebastian Steudtner

    .

    "Everything else is wasted energy".

    Away from the sea, too, monstrous wave follows monstrous wave.

    The corona pandemic is followed by Russia's war with bombs and missiles in Europe.

    Fear has become a permanent condition and dominates the lives of many people.

    Courage and confidence become a rare commodity.

    In our report on manager-magazin.de, an extreme athlete, an heir to millions and some top managers describe how they regain confidence in emergency situations: It is important to know when to act and when not to act - like a big surfer under the wave.

Cordially, your Kai Lange

Source: spiegel

All news articles on 2022-04-19

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