MUNICH — Knorr-Bremse AG, the German manufacturer of braking systems for trucks and trains, announced on Monday it has agreed to acquire Dutch digital services platform TRAVIS Road Services International B.V. The deal, valued in the mid-double-digit million-euro range, represents the latest...
The Lufthansa Group has confirmed plans to eliminate 4,000 administrative positions by 2030 as part of a comprehensive cost-cutting initiative. The German airline conglomerate, based in Munich, announced that the reduction will affect approximately 20% of its administrative workforce outside...
