Well sinking is a changing industry. While the focus used to be on developing water sources and sinking wells, the field of activity in modern well sinking is far broader. Today, the focus is on re-sinking, the renewed sinking or regeneration of existing wells. Many modern well sinking operators are also geothermal specialists - an energy source that constitutes an alternative to oil and gas. Exploiting geothermal energy requires extensive specialised know-how, which well sinking operators of the past did not have.
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Mobile phone, Smartphone or iPhone - the world today would barely function any more without mobile communications. The mobile market is extremely profitable and therefore produces fierce competition. Large players such as T-Mobile, Vodafone, E-Plus etc. used to be the only alternatives, but now small operators are convincing the market with their innovative concepts without long-term commitments and complicated, often expensive tariffs.
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The whole sector was affected. "But when we received 60% to 70% less orders from our customers than previously agreed, we got into a rather tight spot,” describes Karl-Hugo Schick, Managing Partner of the automobile supplier Burgmaier Hightech, the sales slumps experienced by his company in January and February 2009. The company from Laupheim in Baden-Würtemberg produces cylinder heads featuring the latest injection technology for diesel engines for the big players in the industry such as Bosch, Delphi, Denso and Schaeffler Group. These products use less petrol, have lower emissions and at the same time boast a higher performance. Fantastic products you would think, but the order crisis in the automotive sector also started to affect suppliers and in the end was felt by Burgmaier Hightech GmbH + Co. KG as well.
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What started with controversial press reports five years ago is now seen as a positive example for the involvement of private equity firms in Germany. Grohe AG is a successful company. In 2005, its owners TPG and Credit Suisse initiated massive changes so the firm would be able to obtain a solid position, especially amongst its international competitors.
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30,000 new customers in just three months! Where can you achieve that? On the Internet. On Mercateo, Germany’s virtual mega market place which is visited by around 100,000 business customers every day.
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Germany sees the solar energy sector as an industry of the future. German solar energy companies are strong, especially in the new federal states, even small companies with pioneering technologies in niche markets. Solarlite GmbH from Duckwitz in Mecklenburg-Vorpommern is one such company, operating in the parabolic trough technology sector.
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With the internal combustion engine destined to become a museum piece, the future belongs to alternative drive systems. Just about all vehicle manufacturers are working on major development projects. However, the large automotive firms are mainly focusing on "retrofitting” existing vehicle concepts with hybrid technology. Few specialised manufacturers are developing entirely new, environmentally friendly electric vehicle concepts tailored for specific areas of application, such as postal delivery vehicles or small vehicles for low-emission urban mobility.
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The solar energy sector is always searching for new technological approaches to fully exhaust the potential of alternative power generation. Today, thinly-coated solar modules make it possible to generate efficient, cost-effective and flexible energy from sunlight.
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