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Coco Coir Market Reviewing Key Challenges with Top Players & Business Opportunities : CAGR Value of 8.2%

The Directorate General of Foreign Trade (DGFT) has increased incentives for coir geotextiles and coir pith products, which promotes the market growth. The, as these products are low valued items.”

— Allied Market Research

PORTLAND, 5933 NE WIN SIVERS DRIVE, #205, OR 97220, UNITED STATES, July 4, 2023/EINPresswire.com/ — According to a new report published by Allied Market Research, titled, “Coco Coir Market by Product, Application, and Consumer: Opportunity Analysis and Industry Forecast, 2020–2027,” the coco coir market size was valued at $369.70 million in 2019, and is expected to garner $525.70 million by 2027, registering a CAGR of 8.2% from 2020 to 2027

The key players operating in the coco coir industry are the Firedust, Pilipinas Ecofiber Corporation, Universal Coco Indonesia, Lima Group, Pelemix Ltd., Consarc Pvt Ltd., Bali Coco Fiber, Cocofiber, Coco Green Pvt Ltd., and Lanka Coco Products.

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Hydroponics is an effective way to grow vegetables and fruits such as tomatoes, lettuce, and cucumber. The demand for hydroponic tomatoes is increasing rapidly, as they offer more nutritional benefits than soil-grown tomatoes. Hydroponic tomatoes eliminate the variables, such as pH, salinity, disease, and poor drainage. Other hydroponic vegetables such as lettuce and cucumber offer similar benefits to consumers. Coir pith is one of the most used growing media for the hydroponics system. Coir pith exhibits properties such as better air-to-water ratio and wide variations in carbon to nitrogen ratio, which help the crops to grow without any restraints.

Surge in demand for hydroponic fruits and vegetables provides lucrative opportunities for the growth of coco coir market forecast period. Geotextile products are used for controlling soil erosion and increasing soil stability. Geotextiles are utilized in civil engineering, agricultural, and horticulture. Traditionally, synthetic polymers were used for manufacturing geotextiles, however, coir has emerged as an eco-friendly and low-cost substitute. In horticulture and hydroponics industries, coir geotextiles are suitable for use, as they absorb water and control soil erosion. Wide applicability of geotextile products and eco-friendly property of coir geotextiles significantly contribute toward the growth of the global coco coir market.

Coir geotextile is a large continuous sheet used to uncover slope or surfaces that are prone to erosion. . This coir-based sheet reduces raindrop force, runoff rapidity, and surface erosion on disturbed soils. In addition, it may safeguard new plant life and promote growth of plant life by slowing evaporation of water from soil, thus retaining soil humidity. Coir geotextile—a 100% organic and environmental fiber with high durability—is now being successfully employed for enhancing soil behavior, preventing soil erosion, and helping in consolidation of soil. Increase in demand for functional and high-performance textiles in agriculture, road construction, and erosion control applications and development of the construction industry are anticipated to accelerate the coco coir market growth.

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Furthermore, this product has gained increased traction in the coco coir market, owing to its superior benefits such as liquid repellency and mechanical strength. Moreover, rise in investments by government in public utility infrastructure owing to rapid industrialization is expected to drive the coco coir market growth. The efforts to control soil erosion and restore degraded lands with the help of geotextiles are projected to offer remunerative opportunities for the expansion of the coco coir market in the coming years.

The outbreak of COVID-19 has severely impacted the global economies, and has caused severe disruption in supply chain. Coir is a by-product of coconut, and as the processing and manufacturing of agricultural products has been hit, it could affect the production of coir. Similarly, lockdown has disrupted the end-use industry of coir, thus negatively impacting coco coir market trends.

Moreover, suspended trade activities have stopped the supply of coir products to Europe and North America where it is majorly being used. South Asian countries account for a major production of coir, and as production has been affected, the coir stock could be disrupted. Nonetheless, this overall scenario could be for a limited time, as after the pandemic is brought under control, the coir market is projected to grow at a significant rate. Thus, the COVID-19 outbreak is expected to have a moderate impact on the global coir market.

The global coco coir market is segmented into products, application, consumer, and region. Depending on product, the market is categorized into coco coir grow bags, bales, coir materials, open tops, blends & loose substrate, and others. By application, it is differentiated into rope & cordage, coco nets & twines, stitched mats, coconut meals, husk, and others. On the basis of consumer, is bifurcated into green houses and sellers.

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Key findings of the study

On the basis of product, the coco coir grow bags segment was the highest contributor to the market, and is expected to grow at a CAGR of 6.70% from 2020 to 2027.

By application, the coconut meals segment led the market in terms of value in 2020, and is estimated to grow at a CAGR of 12.20% from 2020 to 2027.

Deepening on the consumer, the green houses segment is expected to grow at a steady CAGR of 7.50% from 2020 to 2027.

Region wise, North America is expected to grow at a steady CAGR of 6.80% from 2020 to 2027.

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David Correa
Allied Analytics LLP
+1 800-792-5285
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FINANCELY SECURES A LANDMARK SYNDICATED LINE OF CREDIT FOR $116,482,000

Promoting Economic Growth in Frontier Markets with Significant Trade Finance Support

HONG KONG, CHINA, July 6, 2023/EINPresswire.com/ — Financely, a globally recognized trade and project finance advisory firm, proudly announced today that it has successfully secured a syndicated line of credit totaling USD 116,482,000. This monumental financial breakthrough was achieved in collaboration with four prestigious banking institutions; ICBC, China Construction Bank, Hang Seng Bank, and Standard Chartered.

The newly secured line of credit aims to provide robust trade finance support to companies operating in frontier markets, marking a remarkable step forward in facilitating economic growth and diversification in these regions.

The financing aims to bolster trade and economic growth in frontier markets. The strategic initiative embodies Financely’s commitment to providing comprehensive financial solutions to frontier market companies, enabling them to overcome liquidity constraints, manage trade risks, and support their working capital requirements.

Through this syndicated line of credit, Financely is ensuring these companies have the necessary financial leverage to expand their trade operations and facilitate commerce. This move is expected to foster employment, promote financial inclusion, and stimulate sustainable economic growth in these frontier markets.

On this auspicious occasion, Jason W. Lee, Managing Director of Financely, stated, “This substantial line of credit embodies our relentless pursuit of innovative financial solutions to propel frontier market economies. Our collaboration with ICBC, China Construction Bank, Hang Seng Bank, and Standard Chartered underscores the strong alliances we are forging to provide unparalleled financial support to companies operating in these markets.”

Lee further added, “We are optimistic that this initiative will significantly alleviate financial burdens on these companies, bolstering their capacity to engage in international trade. Ultimately, our goal is to facilitate the creation of vibrant, resilient, and inclusive economies in these frontier markets.”

In the wake of this significant financial achievement, Financely continues to solidify its position as a leading trade and project finance advisory firm, committed to fostering global economic growth and prosperity.

About Financely

Financely is a leading trade and project finance advisory firm offering bespoke financial solutions to companies worldwide. With a distinct focus on frontier markets, the firm’s expertise lies in structuring innovative financing solutions that support economic growth, promote financial inclusion, and foster sustainability.

www.financely-group.com/

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BRAND FINANCE HOTELS 50 2023

Hilton checks in as the world’s most valuable hotel brand

  • Hotel industry sees gradual return to normality as pre-pandemic travel patterns resume while over half of top 50 hotel brands remain below pre-pandemic values
  • Hilton delivers exceptional service as the reigning champion of hotel brands, valued at US$11.7 billion
  • Le Méridien is named the fastest-growing hotel brand as a new entrant to Top 50 ranking
  • Conrad takes an extraordinary leap to become the world’s strongest hotel brand, with an AAA+ rating
  • Hilton has the highest Sustainability Perceptions Value (SPV), at US$565 million, while Taj has the highest Sustainability Perceptions Score, at 5.04 out of 10

Hotel industry sees gradual return to normality as pre-pandemic travel patterns resume, while over half of top 50 hotel brands remain below pre-pandemic values

After two years of global travel restrictions and economic uncertainty, the past year has witnessed an increasing return to pre-pandemic travel patterns. However, Brand Finance research finds that the hotel industry is slow to recover from the pandemic’s long-lasting effects, as 27 out of 50 hotel brands (54%) remain below their pre-pandemic values.

Hilton delivers exceptional service as the reigning champion of hotel brands, valued at US$11.7 billion

Hilton (brand value down 2% to US$11.7 billion) retains its title as the world’s most valuable hotel brand, according to the latest report from leading brand valuation consultancy, Brand Finance. 2022 was an exceptional year of brand value growth for Hilton, with revenue soaring as both business and leisure travel surged post-pandemic. This year’s result indicates a slight slowdown in this growth momentum, as the industry returns to a more normal trajectory. That said, Hilton’s brand value remains above its pre-pandemic level, and it is almost double that of runner-up, Hyatt (brand value up 3% to US$6.1 billion).

Henry Farr, Associate Director at Brand Finance, commented,

“In the post-pandemic world, Hilton has demonstrated remarkable resilience and a steadfast commitment to delivering exceptional experiences. With an unwavering focus on guest satisfaction, Hilton has not only recovered but has emerged stronger in several aspects, solidifying its position as a leading global brand. Through innovative strategies and a dedication to shifting consumer needs, it has retained its title as the world’s most valuable hotel brand.”

Le Méridien is named the fastest-growing hotel brand as a new entrant to Top 50 ranking

Le Méridien (brand value up 375% to US$669.4 million) checks into the 2023 top 50 ranking in 23rd as the fastest-growing hotel brand. Part of the Marriott (brand value up 33% to US$3.1 billion) International portfolio, Le Méridien has been expanding its presence across the globe in the past year. Most recently, Le Méridien established Le Méridien Melbourne. Its premium location and luxury features have attracted both tourists and locals, further boosting the hotel’s revenue from bookings in one of Australia’s most popular coastal cities. Other significant growth milestones for Le Méridien include its second hotel opening in New York City, which is hoped to boost its familiarity score in the US and globally.

Conrad takes an extraordinary leap to become the world’s strongest hotel brand, with an AAA+ rating

In addition to calculating brand value, Brand Finance also determines the relative strength of brands through a balanced scorecard of metrics evaluating marketing investment, stakeholder equity, and business performance. Compliant with ISO 20671, Brand Finance’s assessment of stakeholder equity incorporates original market research data from over 100,000 respondents in 38 countries and across 31 sectors.

Conrad (brand value up 65% to US$537.82 million) has jumped up 16 spots to 31st position overall, while jumping an astonishing 38 spots into the winning position for brand strength, scoring 91/100. Known for its luxurious options and personalised service, Conrad has boosted its brand strength this year through significant global expansion. Hilton opened six new Conrad Hotels and Resorts in various desirable locations, including LA and Shanghai, with the aim of enhancing its long-standing reputation for seamless luxury and exceptional hotel design.

Hilton has highest Sustainability Perceptions Value (SPV) at US$565 million, while Taj has the highest Sustainability Perceptions Score, at 5.04 out of 10

As part of its analysis, Brand Finance assesses the role that specific brand attributes play in driving overall brand value. One such attribute, is sustainability. Brand Finance assesses how sustainable specific brands are perceived to be, represented by a ‘Sustainability Perceptions Score’. This is an indexed score that provides a view of the role of sustainability in driving positive brand reputation. The value that is linked to sustainability perceptions, the ‘Sustainability Perceptions Value’, is then calculated for each brand.

Hilton has the highest Sustainability Perceptions Value (SPV) at US$565 million. Although Hilton has committed to becoming more sustainable, its position at the top of the SPV table is not an assessment of its overall sustainability performance. Rather, it indicates how much brand value it has tied up in sustainability perceptions. Hilton’s commitment to sustainability is evident through its ESG program, Travel with Purpose. The brand has set ambitious targets, aiming to reduce emissions intensity by 75% in Hilton-managed hotels and 56% in Hilton-franchised hotels by 2030.

India based hotels group, Taj (brand value up 19% to US$374.35 million) earns the highest Sustainability Perceptions Score in the Hotels 50 2023 ranking at 5.04 out of 10. In 2022, Taj’s parent company, IHCL, launched the Paathya sustainability programme, encompassing several key initiatives, including eliminate the use of single-use plastics across its hotels, and installing electric vehicle (EV) charging stations.

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Yoga Clothing Market is estimated to surge at a CAGR of 7.8% to reach US$ 70,291.0 Million by the end of 2030

Yoga Clothing Market is estimated to surge at a CAGR of 7.8% to reach US$ 70,291.0 Million by the end of 2030

PORTLAND, OREGON, UNITED STATES, February 14, 2023 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled, “Yoga Clothing Market by Product Type, End User, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global yoga clothing market size is expected to reach $70,291.0 million by 2030 at a CAGR of 7.8% from 2021 to 2030.

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Yoga is a combination of spiritual, physical, and mental discipline originated in India. It is a holistic discipline based on an extremely subtle science, majorly focusing on bringing harmony between body and mind. Yoga is well-known for promotion of health, management, disease prevention, of many lifestyle-related disorders. In addition, practicing yoga improves strength, flexibility, breathing & lung capacity, and posture. It thus aids in managing anxiety, stress, depression, and other chronic diseases. The rising awareness regarding the mental and physical health benefits of practicing yoga is compelling the population to increasingly join yoga classes, thereby increasing the number of yoga participants. The rising number of yoga participants is a significant driver of the global yoga clothing market.

The yoga clothing market growth is propelled by alarming surge in incidence of obesity and health-related diseases. In addition, consumers are increasingly following fitness practices such as yoga and are engaged in purchasing accessories for the same such as yoga clothing, blocks, and yoga mats, which boost the growth of the global yoga clothing market. Furthermore, governments of various countries and yoga & fitness clubs have been actively engaged in promoting yoga worldwide, which has resulted in increased awareness of benefits of yoga globally. For instance, the Indian Prime Minister Narendra Modi proposed the idea of International Yoga Day at United Nations General Assembly (UNGA) in 2014. This encouraged people worldwide to practice and get involved in yoga and Pilates. Moreover, in 2016, the Indian Prime Minister asked his ministers to make Yoga a mass movement. All these factors collectively are anticipated to increase the number of yoga practitioners, which, in turn, will propel the demand for yoga clothing, thereby driving the growth of the global yoga clothing market.

According to the global yoga clothing market analysis, the market is segmented on the basis of product type, end user, and distribution channel. On the basis of product type, the market is segregated into top wear and bottom wear. On the basis of end user, it is classified into men and women. On the basis of distribution channel, the yoga clothing market is segmented into supermarkets/hypermarkets, specialty stores, e-commerce, and others.

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On the basis of region, the yoga clothing market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Spain, Netherlands, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).

According to the yoga clothing market forecast, on the basis of product type, the top wear segment is expected to be the fastest-growing segment owing to the growing number of yoga practitioners owing to the rising prevalence of obesity among the global population. Upsurge in investment in R&D to enhance characteristics, usability, effectiveness, and comfort of yoga clothing is anticipated to propel the market growth.

On the basis of the end user, the women segment accounted for 60.9% of the overall market share. The increased awareness among the women regarding the body aesthetics is propelling the women participation in yoga. Further, female celebrities such as Kim Kardashian, Demi Moore, Madonna, Shilpa Shetty, Kareena Kapoor, and Bipasha Basu encourages the female population to indulge in yoga activities.

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Players operating in the yoga clothing market have used a variety of developmental strategies to expand their market share, exploit the yoga clothing market opportunities, and boost market profitability. The key players profiled in this report include Nike, Puma, Asics, Under Armour, Inc., Adidas, Lululemon Athletica, Manduka, Prana, Hugger Mugger, and Aurorae Yoga, LLC.

Key findings of the study

The yoga clothing market was valued at $33,680.0 million in 2020, and is estimated to reach $70,291.0 million by 2030, growing at a CAGR of 7.8% during the forecast period.

By product type, the bottom wear segment is estimated to witness the fastest growth, registering a CAGR of 8.1% during the forecast period.

In 2020, depending on end user, the women segment was valued at $20,520.7 million, accounting for 60.9% of the global yoga clothing market share.

In 2020, the U.S. was the most prominent market in North America, and is projected to reach $5,855.5 million by 2030, growing at a CAGR of 6.4% during the forecast period.

Related Reports:

Yoga Market https://www.alliedmarketresearch.com/yoga-market-A06967

Sports Apparel Market https://www.alliedmarketresearch.com/sports-apparel-market

Sports Equipment and Apparel Market https://www.alliedmarketresearch.com/sports-equipment-and-apparel-market

Swimwear Market https://www.alliedmarketresearch.com/swimwear-market

Tracksuit Market https://alliedmarketresearch.com/tracksuit-market-A13056

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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AUDI AG
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Markus Duesmann, CEO of AUDI AG

Markus Duesmann, CEO of AUDI AG

Chairman of the Board of Management and Board of Management Member for Product Lines at AUDI AG
  • Markus Duesmann was born on June 23, 1969 in Heek, North Rhine-Westphalia. In 1991, he completed his studies of mechanical engineering at Muenster University of Applied Sciences with a degree in engineering.
  • He began his career in 1992 as a design engineer for a V12 series-production engine at Mercedes-Benz in Stuttgart. In 1995, he moved to the development service provider FEV GmbH in Aachen, where he held various positions, the last of which was head of the engine mechanics division.
  • In 2004, he took over the position of main department manager for new diesel engines at DaimlerChrysler AG in Stuttgart, and in 2005 became head of Formula 1 development at Mercedes-Benz in Brixworth in the United Kingdom.
  • In 2007, Markus Duesmann moved to BMW AG as head of Formula 1 powertrain. After holding several responsible positions at that company, he was Board of Management Member for Purchasing and Supplier Network at BMW AG from October 2016 until July 2018.
  • The Supervisory Board of AUDI AG appointed Markus Duesmann as Chairman of the Board of Management of AUDI AG effective April 1, 2020. Moreover, he is entrusted with responsibility for the China business and with Board of Management responsibility for Product Lines at AUDI AG. Markus Duesmann has also been a member of the Board of Management of the Volkswagen Group since April 2020 and in this function heads the Premium Brand Group with Audi, Bentley, Ducati and Lamborghini.
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financial assets swatch group
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SWATCH GROUP: KEY FIGURES 2022

SWATCH GROUP: KEY FIGURES 2022

Ad hoc announcement pursuant to Art. 53 of the Listing Rules
  • Net sales of CHF 7 499 million, +4.6% to the previous year at constant exchange rates, or +2.5% at current rates.
  • Sales growth of 25% in local currencies in all regions, with the exception of China, where Covid lockdowns resulted in sales shortfalls of over CHF 700 million.
  • The MoonSwatch is a best seller, with over 1 000 000 watches sold. Ongoing high demand, including in January, in the approximately 180 stores which exclusively offer the MoonSwatch.
  • Operating profit of CHF 1 158 million (previous year: CHF 1 021 million).
    Operating margin of 15.4% (previous year: 14.0%).
  • Net income of CHF 823 million (previous year: CHF 774 million).
    Net margin of 11.0% (previous year: 10.6%).
  • Operating cash flow of CHF 724 million (previous year: CHF 1 298 million); lower versus previous year, mainly due to precautionary increase in safety stock.
    Free cash flow1)  of CHF 342 million (previous year: CHF 1 033 million).
  • High net liquidity2) of CHF 2 540 million (previous year: CHF 2 558 million).
  • At its next meeting, the Board of Directors will decide on the dividend proposal to the Annual General Meeting.
  • In view of the strong position of the Group brands in all segments worldwide and the robust numbers in January for Mainland China, the Group aims to achieve a record year in 2023.
financial assets swatch group
financial assets swatch group

OUTLOOK 2023

Group Management anticipates strong sales growth in 2023 in all regions and segments. After the end of Covid measures, consumption quickly recovered, not only in China, but also in the surrounding markets of Hong Kong SAR and Macau. In addition, lifting of travel restrictions in China will revitalize sales in tourist destinations. The sales growth in January in China reinforces the Group’s expectation to aim for a record year in 2023.

1) Cash flow from operating activities minus cash flow from investing activities (without financial assets and securities)
2) Cash and cash equivalents as well as financial assets, securities and derivative financial instruments minus current financial debts and derivative financial liabilities

 

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Stephan Winkelmann, President and CEO of Automobili Lamborghini S.p.A
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Automobili Lamborghini 2022: a record year

Automobili Lamborghini 2022: a record year

  • The Sant’Agata Bolognese-based company continues on its growth path, achieving yet another sales record delivering more than 9,000 cars

In terms of numbers, Automobili Lamborghini continues to break records and also for 2022 saw the best sales figures ever. In fact, the company delivered 9,233 cars worldwide, an increase of 10% over the previous year.

Stephan Winkelmann, Chairman and CEO of Automobili Lamborghini, remarked: “Our trend of growth and development continues, and this shows that our direction is sound and our choices are on the mark. This is the product of well-defined collective assessments that can produce consistent and concrete results. We have been able to carefully and meticulously manage an extraordinary order intake, pursuing a clear strategy with the primary objective of maintaining controlled growth to protect the exclusivity of our brand. 2023 is going to be a year of challenges and changes that we are ready to confront by always pushing ourselves beyond. We now have the opportunity to focus on our next objectives also thanks to an 18-month waiting list, which enables us to look to the future and the upcoming goals with confidence.”

A further acceleration of this trajectory will take place in 2023, when the first hybrid cars will be produced and Lamborghini enters the second phase of our Direzione Cor Tauri program: a strategic roadmap unveiled in 2021 that involves the highest-ever investment in the company’s history (1.8 billion euros over five years) delivering the hybrid transition and subsequently the transition to fully-electric vehicles.

In all macro-regions the sign was clearly positive, maintaining a homogeneous and consistent distribution, with Asia registering +14%, followed by America with +10% and finally EMEA with +7% compared to 2021. Sales, in almost all key markets, broke all records. This was also thanks to the high reputation the brand enjoys internationally, with the number of dealers increasing from 173 to 180 in just one year and with a presence in 53 different countries.

The United States remains in the top spot (2,721 cars delivered, up 10% over the previous year), followed by Chinese Mainland, Hong Kong & Macau (1,018 cars delivered, up 9% over the previous year), Germany (808 cars delivered, up 14% over the previous year), United Kingdom (650 cars delivered, up 15% over the previous year) and Japan (546 cars delivered, up 22% over the previous year).

In terms of models, the Urus1 Super SUV’s success is confirmed (5,367 units delivered, up 7% over 2021), followed by an impressive increase of the Huracán2 (3,113 units delivered, up 20% over 2021) and the Aventador3 with 753 units delivered, reaching the end of its production in September 2022.

In terms of product, 2022 was a year full of news, starting with the launch of the Huracán Tecnica in April, which consolidates the level of expertise Lamborghini has achieved in the field of design and engineering. The V10-powered rear-wheel drive car condenses the fun and driving dynamics of a Huracán STO into a new, sleeker look suitable for everyday use with the addition of aerodynamic enhancements aimed at boosting performance, stability and ease of use on both road and track. November saw another V10 unveiling of the Huracán Sterrato, the first super sports car designed to offer the ultimate driving pleasure away from conventional roads on loose surfaces, in a totally unique combination.

Last year was also a very important one for the Urus Super SUV, with the entry of two brand new models. At The Quail, A Motorsports Gathering event held in California in August, Automobili Lamborghini unveiled the all-new Urus Performante, which highlights sportiness and performance by focusing on a design that showcases its incredible capabilities on the road, on the track, and on loose surfaces. The new Super SUV boasts a power of 666 hp and a weight reduction of 47 kg, earning it a best-in-class weight-to-power ratio of 3.2. The Urus Performante also broke the record for a production SUV on the Pikes Peak International Hill Climb track, setting the best time ever with 0 to 100 km/h acceleration in just 3.3 seconds and a 100 to 0 km/h braking distance of 32.9 m. In September 2022, Automobili Lamborghini introduced to the market the Urus S, the latest successor to the Urus. The Urus S offers more power combined with unprecedented versatility and design, consolidating the Super SUV concept in the luxury car segment. Its twin-turbo V8 engine delivers a power of 666 hp4, equaling that of the Performante but introducing specific sophisticated refinements in the design, with a significant increase in options in terms of colors and finishes for wheels, style packages, and interior and exterior details.

The past year was also a time of great success in terms of the awards received by the House of Sant’Agata. Some of the most significant recognitions concern employees and HR activity, such as the Italy Top Employer, received for the ninth year in a row and attesting to the best corporate welfare practices that have been promoted for years by putting people at the center of the business. In the sphere of human resources, another recognition came from IDEM certification, as the first company certified in the automotive sector in Italy for its commitment to gender equality. In November 2022, the company also renewed its DESI project (Dual Education System Italy), now in its fifth year, designed to train young students with the goal of developing them into qualified technicians for the Motor Valley technology district and Lamborghini itself.

Participating students have the opportunity to acquire highly qualified and innovative technical and professional skills, as well as earning a five-year vocational education diploma thanks to the combined approach of theoretical classroom lessons and in-company learning experiences.

Automobili Lamborghini also had the great satisfaction of having received, for the second year in a row, the “Green Star Award”, which recognizes the company’s commitment to sustainability.

In light of the many initiatives, investments and efforts the company puts into practice daily to improve the quality of the planet, this award recognizes it as among the most sustainable companies in Italy.

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Engel & Völkers reports 1.2 billion euros in Group commission revenues for 2022

Engel & Völkers reports 1.2 billion euros in Group commission revenues for 2022

Hamburg, 1st February 2023. Engel & Völkers, the leading platform for real estate agents, reports Group commission revenues of 1.2 billion euros for the 2022 financial year. Real estate worth a total of approx. 39 billion euros was brokered worldwide.

“Despite the onset of a cooling-off period on the real estate market, our turnover performance matched that of the previous year, in excess of 1.2 billion euros. We were also successful in driving international expansion forward in our core markets and increasing the number of agents working under our brand,” says Sven Odia, Global CEO of Engel & Völkers, continuing: “In the current market climate, expertise, experience and professionalism are key differentiators when it comes to strengthening client loyalty and gaining even greater market share. In the second half of 2022, we saw that sellers are particularly drawn to us for our elaborated specialist knowledge, as well as for the intensive personal support we provide when brokering their properties. They also trust in our brand, which has been globally established. In 2023, we intend to invest even more in the training of our real estate agents and the expansion of our digital technology platform – in order to provide our clients with the best possible advice, especially during periods of crisis.”

Real estate as an anchor of stability

“The war in Ukraine and its ramifications in the form of a shortage of raw materials, the energy crisis, and rising inflation and mortgage rates meant that 2022 brought along a special set of circumstances that still continues. This mood of uncertainty led, in turn, to a certain reluctance to buy in some of our markets,” says Sven Odia. He goes on to say: “There is still a high demand for real estate however – as a safe haven and a capital investment that provides dependability in terms of value retention. Properties are seen as an anchor of stability, especially in the premium segment, and used as an attractive method of protecting assets in the long term.” Between January and December 2022, Engel & Völkers closed 10 percent more real estate transactions in the uppermost segment of properties worth in excess of 10 million euros.

Alongside the Group’s stable revenue performance, the number of real estate agents is growing continuously. In 2022, more than 1,000 agents and 53 shops joined the platform worldwide. “We offer them a global and renowned brand, an international network, and a superb platform that harnesses the very latest technologies. This offer will continue to attract many market experts in the future, which in turn will take the Group’s ongoing professionalisation to the next level. We are cautiously optimistic about developments in this coming year,” Sven Odia concludes.

ENGEL & VÖLKERS
Engel & Völkers GmbH
Global Corporate Communication Team
Vancouverstraße 2a
20457 Hamburg
Germany
T: +49 40-36 13 11 20

About Engel & Völkers: Engel & Völkers is one of the world’s leading service companies specialised in the brokerage of premium residential property, commercial real estate, yachts and aircrafts. For over 40 years now, the wishes and needs of private and institutional clients have had top priority, giving rise to the ongoing development of a range of services relating to all aspects of real estate. Sales and leaseholds, as well as consultancy for various investment opportunities in the real estate segment are among the core competencies of more than 16,500 people operating under the Engel & Völkers brand. The company is currently operating in over 30 countries on five continents. Intensive training schemes in its in-house real estate Academy and the high level of quality assurance governing its systematically structured service provision are key factors that account for the company’s success. Engel & Völkers develops digital tools and IT products on an ongoing basis, in order to keep its service as efficient as possible. In doing so, the company is setting new standards in digital solutions for property brokerage. www.engelvoelkers.com

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2022 deliveries: Porsche posts a slight increase
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2022 deliveries: Porsche posts a slight increase

2022 deliveries: Porsche posts a slight increase

Porsche put in a robust performance in fiscal year 2022, with a slight increase in deliveries. The sports car manufacturer delivered a total of 309,884 cars over the past 12 months, 3 per cent more than in 2021 – despite several global crises.

Porsche fulfills the dreams of its customers, as strong delivery figures and the continued good order situation for fiscal year 2022 demonstrate. Worldwide, the sports car manufacturer delivered 309,884 vehicles to customers last year, an increase of 3 per cent over the previous year.

Detlev von Platen, Executive Board Member for Sales and Marketing at Porsche AG

“The many challenges caused by the war in Ukraine, interrupted supply chains and the ongoing semiconductor crisis have shaped the past year and put us to the test,” says Detlev von Platen, Executive Board Member for Sales and Marketing at Porsche AG. “So I am all the prouder of the entire Porsche team. In this difficult environment, we have succeeded in fulfilling the dream of owning a Porsche for more customers than ever before.”

Deliveries in Europe 7 per cent above previous year

In the Europe sales region, Porsche delivered 62,685 cars in 2022. This is 7 per cent more than in the previous year. In its home market of Germany, 29,512 customers took delivery of their cars – an increase of 3 per cent. In North America, Porsche recorded 79,260 deliveries, matching the previous year’s level. This was a particularly strong performance in view of logistical and supply challenges that started the year. In what remains the biggest single market, China, 93,286 cars were delivered to customers     (-2 per cent). The slight dip here is mainly due to the effects of the COVID pandemic. Waves of infection, COVID-related lockdowns and logistical challenges affected the deliveries. The Overseas and Emerging Markets sales region continues to develop positively with an increase in deliveries of 13 per cent. Some 45,141 cars were delivered to customers in this region during 2022.

SUVs remain popular among customers

The models with the highest demand again in 2022 were the brand’s SUVs: the Porsche Cayenne was delivered a total of 95,604 times. The Macan followed in second place with 86,724 units delivered. With 40,410 deliveries (+5 per cent) the Porsche 911 remains very popular as well. The sports saloon Panamera was delivered to 34,142 customers (+13 per cent).

The Taycan remains at a high level of orders. In 2022, Porsche delivered 34,801 cars from the model line worldwide (-16 percent). The decline was due to supply chain bottlenecks and limited component availability. Both issues affected the electric sports car in particular. Customers took delivery of 18,203 units of the 718 Boxster and 718 Cayman models.


Taycan GTS and Taycan GTS Sport Turismo

“On the sales side, results have been positive in 2022,” says von Platen. “Porsche is in a solid position. And we’re building on that basis.”

Porsche AG
Deliveries		 January – December
2021 2022 Difference
Worldwide 301,915 309,884 +3%
Germany 28,565 29,512 +3%
North America 79,166 79,260  0%
China 95,671 93,286 -2%
Europe (excluding Germany) 58,576 62,685 +7%
Overseas and Emerging Markets 39,937 45,141 +13%

Disclaimer

This announcement contains ‘forward-looking statements’ that reflect the Porsche’s current view of the future events.

Words such as ‘will’, ‘presume’, ‘as a goal’, ‘could’, ‘possibly’, ‘should’, ‘believe’, ‘intend’, ‘plan’, ‘in preparation’, and ‘aim’ are used to indicate statements relating to the future. These statements are subject to a variety of risks, uncertainties and assumptions. If any of these risks or uncertainties materialise or if the assumptions underlying Porsche’s forward-looking statements should prove unfounded, the actual results could differ significantly from the ones that Porsche has expressly or implicitly assumed in these statements. Forward-looking statements in this press release are based solely on the circumstances pertaining on the day of publication.

These forward-looking statements will not be updated later. These statements are true on the day of publication and may be overtaken by later events.

www.porsche.com

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Héctor Romero Sánchez Primo, empresario que actualmente está conquistando el mercado mexicano
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Héctor Romero Sánchez Primo, empresario que actualmente está conquistando el mercado mexicano

Héctor Romero Sánchez Primo, empresario que actualmente está conquistando el mercado mexicano

14 de agosto del 2022, Ciudad de México- Por muchos años, el mercado empresarial en México ha sido conquistado por personalidades tales como Carlos Slim, Ricardo Salinas Pliego y Daniel Servitje. Pero, dado a los múltiples beneficios económicos que brinda el emprendimiento serial, nuevos empresarios han tomado el mando y se encuentran en el camino de convertirse en los nuevos líderes empresariales del país. Tal es el caso Héctor Romero Sánchez Primo.

Héctor es un empresario mexicano que cuenta con más de 25 empresas bajo su corporativo, Romero Group. Muchas de éstas, las ha formado de la mano de Marcus Dantus, el inversionista que actualmente forma parte de “Shark Tank” México.

Héctor Romero Sánchez Primo, empresario que actualmente está conquistando el mercado mexicano

Héctor Romero Sánchez Primo, empresario que actualmente está conquistando el mercado mexicano

Y aunque cuenta con numerosos negocios (de sectores que deslindan desde el reciclaje a la Seguridad), entre sus marcas más innovadoras se encuentran: Mexico Limited, Trote, Barrel Cook y Armapedia Club.

Por un lado, nos encontramos con “Mexico Limited” y “Trote”, ambos son plataformas que apoyan a emprendedores mexicanos. Por un lado, “Trote” es el primer e-commerce en el mundo dedicado a la venta de productos ecuestres.  Permitiendo que cualquier usuario tenga la oportunidad de registrar sus productos para la venta internacional.

Por otro lado, Mexico Limited está enfocado en otorgarle a los empresarios mexicanos apoyo económico, un modelo de negocios y de marketing (los cuales están avalados tanto por Héctor como su socio, Marcus Dantus) para así poner en marcha sus proyectos con el mayor éxito posible. Hasta ahora, cuentan con un registro preliminar de 250 empresas, de las cuales se está realizando un análisis para confirmar a las primeras que formarán parte de la primera generación.

Así mismo, Romero recientemente inició con la construcción del exclusivo club de tiro, “Armapedia Club”, concepto con el que plantea revolucionar el entretenimiento y deporte en México.

Compuesto por doce diferentes amenidades, éste contará con líneas de tiro con visión nocturna, un simulador 180° (con tiro real), un área de tiro con arco; una pared de rapel, un lago de pesca, entre otros. Armapedia Club entrará en operaciones entre septiembre y diciembre del 2023, y ya se encuentra en operación para recibir inscripciones y membrecías

Por último, nos encontramos con un ambicioso proyecto culinario llamado “Barrel Cook”, empresa que se dedica a crear y distribuir asadores de barril alrededor de México. El proyecto lo creó de la mano de Marcus Dantus y a la emprendedora, Sandra Gómez con de propósito de

Lo más singular de estos barriles es que cuentan con una reducción de hasta el 70% del humo (generado por el carbón o la leña), lo cual disminuye la producción de agentes contaminantes que son causantes de diversos cánceres y tumores. Además, éstos funcionan con la encapsulación del calor en el acero, haciendo que la carne conserve su sabor y nutrientes.

Para conocer más sobre Héctor y sus empresas, haz clic en el siguiente enlace: https://www.instagram.com/hector.romero11/?hl=es

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