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DGAP-News: Strer Media AG / Key word(s): Strategic Company Decision/Miscellaneous Strer Media AG: Strer plans to become a European corporation

19.12.2013 / 10:34

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Strer Media AG is planning to change its legal form from a German corporation (AG) to a European corporation (Societas Europaea/SE). This up-to-date, modern legal form will clearly demonstrate Strer Media AG's image of itself as a European company to the public.

The business activities of Strer Media SE will continue to be governed by the management board, which will also continue to be overseen by the supervisory board. The planned transformation will not affect the rights of shareholders and employees. When the transformation is complete, Strer Media AG's shareholders will automatically become shareholders in Strer Media SE, and shareholder rights and financial reporting will not be affected by the planned transformation. The company will continue to be headquartered in Cologne.

In the view of the management board of Strer Media AG, the planned change in legal form represents a further consistent step in the development of the company following the growth of recent years and is a special way to promote the development of an open, transparent and international corporate culture.

'The developments of recent years and our entry into the online marketing business have made the company even more international. In addition to our core markets of Germany, Turkey and Poland, our blowUP giant billboard network has given us a presence in Britain, the Netherlands, Belgium and Spain. We also operate technology hubs in New Zealand and the Czech Republic,' explained Udo Mller, CEO of Strer Media AG. 'That is why we have suggested this measure to our shareholders, in order to reflect our increasingly international staff, customers and shareholders in the legal form of the company and to strengthen our positioning in international markets.'

The company's shareholders will be asked to approve the planned transformation at the 2014 annual general meeting.

About Strer Strer Media AG is a leading provider of online advertising and out-of-home, and offers its advertising customers individualized and fully integrated premium communications solutions. In the field of digital media, Strer is setting new standards for innovation and quality in Europe and is thus opening up new and innovative opportunities for targeted customer contact for its advertisers.

The Strer Group commercializes several thousand websites and more than 280,000 out-of-home advertising faces. With consolidated revenue of EUR 560m for the full year 2012, Strer Media AG is one of largest providers of out-of-home media in Europe in terms of revenue.

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PRESS RELEASE: Ströer Media AG: Ströer plans to become a European corporation

Amr Moussa, center, the chairman of Egypt's 50-member panel responsible for amending the country's Islamist-drafted constitution, arranges the members for a group picture in Cairo after finishing the final draft of a series of constitutional amendments. (Amr Nabil / Associated Press / December 2, 2013)

December 18, 2013, 8:38 a.m.

CAIRO -- Whats in a word? A lot, if its a last-minute change to the draft of Egypts new constitution.

Two members of the panel appointed by the government to rewrite the national charter said an alteration was made after the final draft had been voted on by the committee. The document is to be put to a nationwide referendum next month.

The change -- amending the phrase civilian rule to civilian government. -- might not seem like much. But that wording has been contentious in the past.

The term civilian rule is supported by secular liberals, because it is meant to prevent either religious or military figures from taking charge of the state. The wording of civilian government is considered less broad-brush, because in Egypt the Cabinet is equated with the government. So it leaves an opening for key non-Cabinet posts to be filled by religious or military officials.

The two panel members who disclosed the change after the version was read out in public were Bishop Antonious, representing the Roman Catholic Church, and Mohamed Abul-Ghar, head of the Egyptian Social Democratic Party.

The bishop told the Ahram website that the committee head, Amr Moussa, appeared to stumble over the term when he read the preamble aloud. Abdul-Ghar said members did not see the revised wording in print until committee members got cleaned-up versions of the draft days after the vote -- during a dinner reception hosted by the armed forces.

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One-word change to draft Egypt constitution stirs controversy

PRESS RELEASE: MIFA launches cooperation venture with European bicycle group Cycleurope

DGAP-News: MIFA Mitteldeutsche Fahrradwerke AG / Key word(s): Alliance MIFA launches cooperation venture with European bicycle group Cycleurope

19.12.2013 / 10:38

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MIFA launches cooperation venture with European bicycle group Cycleurope

- Production and international sales cooperation venture in high-quality brand bikes area

- Updated forecast: FY 2013 consolidated revenue slightly below expectations; medium-term forecast confirmed

Sangerhausen, 19 December 2013 - MIFA Mitteldeutsche Fahrradwerke AG (WKN share: A0B95Y, ISIN share: DE000A0B95Y8), Germany's largest manufacturer of bicycles in terms of sales, has expanded its sphere of international activities to include a strategic partnership with globally-operating Cycleurope AB, one of Europe's largest bicycle groups.

As from 2014, MIFA and Cycleurope will cooperate for the development and production of bikes and e-bikes in the high-end market segment. At the same time, both companies will review their international sales network and footprint and will engage cooperation to increase sales and market share of respective high-end brands. With regards to their domestic market and position, both companies should benefit from their strong presence and organization.

Cycleurope is part of Grimaldi Industri AB Group in Sweden. Today its brand portfolio includes the following well-known brands: Bianchi, Crescent, DBS, Definitive, Kildemoes, Gitane, Monark, Peugeot and Puch. These brands are distributed through the company's numerous own branches and distributors in Europe and worldwide.

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PRESS RELEASE: MIFA launches cooperation venture with European bicycle group Cycleurope

Ann Coulter With Judge Jeanine
http://barracudabrigade.blogspot.com/

By: Misty Just a girl

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Ann Coulter Demeans Women On Birth Control
Conservative columnist Ann Coulter said on Sunday that Republicans "had a problem" with single women who were more concerned about birth control than nationa...

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Ann Coulter Demeans Women On Birth Control - Video