Category Archives: Business Economy Finances

Business Economy Finances

Scaling new heights using cutting-edge logistics

Greiner Bio-One invests in a new high-bay warehouse at its Frickenhausen site

Scaling new heights using cutting-edge logistics

Ground-breaking ceremony for the new high-bay warehouse in Frickenhausen (Source: Michael Latz/Greiner Bio-One)

Frickenhausen, 27 April 2017 – Greiner Bio-One GmbH is constructing a new high-bay warehouse at its home base in Frickenhausen. The new 29-metre-high construction will replace the current high-bay warehouse, which is no longer capable of dealing with the greatly increased warehouse technology and capacity requirements. The building is part of an infrastructure project that also includes plans for developing additional production space. The ground-breaking ceremony for the new high-bay warehouse was held today, Thursday, and it is scheduled for completion in April 2018.

Five times faster – more than twice as much space
Greiner Bio-One specialises in the development, production and sale of high-quality plastic laboratory products. Its 1980s high-bay warehouse was no longer able to keep pace with the dynamic growth the company has undergone in the last few years. It was close to full capacity at times, and stock had to be stored at other sites. The new building will double the number of pallet spaces to more than 12,000. With a volume of 70,000 cubic metres, there is – theoretically – easily space to park 7,000 compact cars in the building.

Warehouse technology has evolved radically in recent decades. The digital revolution is also driving a technological transformation. This alone made a modernisation of the facility inevitable. The new fully-automatic high-bay warehouse will improve material flows and productivity in logistics. It will in future be possible to move five times as much material in and out of storage in the same period of time.

Major infrastructure project launches
However, the company is not only investing in the plant infrastructure to improve material supply and logistics, it is also significantly expanding its production capacity at the same time. In the next two years, for example, the production areas at the Frickenhausen site will be expanded by a third to a total of 5,200 square metres. The addition of 14 more system positions will then bring the total number to 61. The next few years will also see a further 40 employees added to the existing staff of 330. All in all, the company is investing more than eleven million euros in the comprehensive renovation of the Frickenhausen site.

Clear commitment to Germany as an industrial location
„Efficient logistics and production are more than an investment in competitiveness for us,“ CEO Heinz Schmid explained at the ground-breaking ceremony for the new high-bay warehouse. „Systematically expanding the site is also a promise to our customers that we will continue manufacturing high-quality products „Made in Germany“ at this site.“ The whole project therefore represents a clear commitment to Germany as an industrial location on the part of Greiner Bio- One.

Link to the webcam on the high-bay warehouse construction site:
http://www.gbo.com/new-warehouse

Greiner Bio-One International GmbH
Greiner Bio-One specialises in the development, production and distribution of high-quality plastic laboratory products. The company is a technology partner for hospitals, laboratories, universities, research institutes, and the diagnostic, pharmaceutical and biotechnology industries. Greiner Bio-One is split into three divisions – Preanalytics, BioScience and Sterilisation. In 2015, Greiner Bio-One International GmbH generated a turnover of 427 million euros and had over 1,890 employees, 23 subsidiaries and numerous distribution partners in over 100 countries. Greiner Bio-One is part of Greiner Holding, which is based in Kremsmünster (Austria).

Greiner Bio-One BioScience Division
The BioScience division of Greiner Bio-One ranks among the leading providers of specialised products for the cultivation and analysis of cell and tissue cultures. Drawing on decades of experience with cryogenic sample storage, Greiner Bio-One also offers solutions for automated storage systems in biobanks. In addition, we continue to utilise our expertise in the development and production of microplates for high-throughput screening, thereby allowing extremely fast and efficient drug screening for both industrial and research applications. The entire development, manufacturing and sales operations are controlled from the German headquarters of the BioScience division in Frickenhausen.

Firmenkontakt
Greiner Bio-One GmbH
Simone Schafstein & Sylvia Bauer
Maybachstraße 2
72636 Frickenhausen
0049-7022-948 0
0049-7022-948-514
marketing@de.gbo.com
https://www.gbo.com/en_DE.html

Pressekontakt
Zeeb Kommunikation GmbH
Anja Pätzold
Hohenheimer Straße 58a
70184 Stuttgart
0711-60 70 719
info@zeeb.info
http://www.zeeb-kommunikation.de

Business Economy Finances

Discover franchising for Business Centers

Discover franchising for Business Centers

A sunny office at GMC AG Business Center in Zug, Switzerland

Franchising has had a bad reputation in the past when it first started, but it has come a long way and is highly recognized now, considering that a lot of companies became successful because they were part of a big franchise system. When people think about franchising they usually think about restaurants or clothing brands, but there are more possibilities.

GMC AG, for example, offers their franchise system. It is a popular system which is based on a great business concept. Rieta de Soet says, franchising opens up a lot of opportunities.

Business Center offer completeley equipped offices and conference rooms, that can be rented for a few days, weeks or even months and years. Business Center are perfect for franchising, because there is a great demand in renting shortterm-offices, rather than committing to one permanent office.

There are a lot of benefits coming from franchising. Franchising is perfect for people who want to pursuit their dream of having their own company. However franchising can minimize the risk of financial bankruptcy, because the new owner gets to work with a proven system, claims Rieta de Soet, CEO of Global Management Consultants AG.

Über GMC AG

GMC AG mit Hauptsitz in Zug/Schweiz, ist mit zahlreichen Business Centern international in Amerika, Australien, Asien und Europa vertreten. In seinen Business Centern stehen Betriebswirte, Steuerberater, Marketing- und Unternehmensberater den Kunden zur Verfügung, die seit über 20 Jahren in den Bereichen Business Center, Firmengründung und Managementberatung tätig sind.

Kontakt
GMC Global Management Consultants AG
Rieta Vanessa
Gubelstrasse 12
6300 Zug
0041 41 560 77 00
info@gmc-consultants.ch
http://www.gmc-consultants.ch

Business Economy Finances

The golden ambassador from South Africa: the Krugerrand captures the hearts of gold fans

Commemorative coins for collectors in the gold bullion“s anniversary year – the South African Mint and precious metal refinery Rand Refinery are the manufacturers and distributors of the Krugerrand, the world“s most famous gold coin since 1967

The golden ambassador from South Africa: the Krugerrand captures the hearts of gold fans

Krugerrand 1oz Gold Jubillee Coin 2017 (Source: South African Mint)

Johannesburg, South Africa, 26 April 2017. The number-one investment classic among precious metal coins, the South African Krugerrand, celebrates its fiftieth birthday on 3 July 2017. The gold used for the Krugerrand comes from Rand Refinery in Germiston, east of Johannesburg. The South African Mint in Midrand, near Pretoria mints this golden ambassador from South Africa; over the past 50 years, the Krugerrand has turned into the most famous and at the same time most traded gold coin in the world.

The Krugerrand“s success story began when US President Richard Nixon announced the cancellation of the dollar“s convertibility into gold in the early 1970s. Gold suddenly became attractive to private investors, as an investment and as protection against inflation. At that time, South Africa produced 75 per cent of the world“s gold and the Krugerrand, which was said to be stable and well-tradeable due to its alloy with copper, launched its triumph as a globally recognised bullion coin.

Worldwide demand for the Krugerrand significantly increased in 2007 in the course of the global financial crisis. In 2016 more than 1 million ounces of bullion Krugerrands were sold, making it the most popular gold coin of 2016.

In the 2017 anniversary year, the South African Mint and Rand Refinery will also be issuing the bullion Krugerrand in coins of a tenth, a quarter, a half and one ounce of gold. In addition, 100,000 coins will be minted in a special one-ounce „anniversary edition“. There will be unique collectible or „numismatic“ Krugerrand coins made of silver and platinum, which will have additional collector value besides their pure investment value.

As a special highlight, limited numbers of collectible or „numismatic“ Krugerrand gold coins will also be minted in version of 50 ounces, 5 ounces, a twentieth of an ounce and a fiftieth of an ounce. These trade at higher premiums than the bullion coins due to their scarcity and finishing.

The state mint and the Rand Refinery, founded in 1920, jointly managed the bullion Krugerrand in a collaborative effort. Rand Refinery supplies the gold blanks, the South African Mint strikes the coins, before returning them to Rand Refinery for final packaging and sale. Rand Refinery is also responsible for the worldwide marketing of the Krugerrand. The collectible or „numismatic“ Krugerrand ranges are exclusively manufactured and managed by the South African Mint.

The Krugerrand has no fixed nominal value – its value depends on the daily fixed gold price. It is nevertheless legal tender of the Republic of South Africa.

For further information, please visit www.randrefinery.com.

Rand Refinery and the South African Mint produce the bullion Krugerrand in South Africa. Rand Refinery has refined nearly 50,000 tons of gold, around one third of the gold ever produced worldwide. The Rand Refinery was founded in 1920 by the Chamber of Mines in Germiston, South Africa to process raw gold mined around Johannesburg, marketing it around the world. The firm now processes approximately all gold mined in South Africa and a substantial share of gold mined in the rest of Africa. In addition to the world-famous Krugerrand gold coin, the company sells gold ingots ranging from one gramme to one kilogramme in weight. In Europe, the best-known ingots are the „elephant ingots“, bars of fine gold with an elephant motif on the back. The Rand Refinery has been admitted to the London Bullion Market Association, and is also listed for good delivery on the New York Commodities Exchange (COMEX), the Tokyo Commodities Exchange (TOCOM) and the Dubai Good Delivery Multi Commodities Centre (DMCC), amongst others.

Firmenkontakt
Rand Refinery
Richard Collocott
Refinery Road 1
1400 Germiston
+ 27 (0)11 418 9000
+ 27 (0)11 418 9231
gold@gold.co.za
http://www.randrefinery.com

Pressekontakt
financial relations GmbH
Jörn Gleisner
Louisenstraße 97
61348 Bad Homburg
+49 (0) 6172/ 27159 – 0
+49 (0) 6172/ 27159 – 69
j.gleisner@financial-relations.de
http://www.financial-relations.de

Business Economy Finances

SilverSky LifeSciences acted as corporate finance advisor for Adhesys Medical in the sale to Grünenthal Group

SilverSky acted as corporate advisor of Adhesys Medical GmbH in the sale to Grünenthal Group

SilverSky LifeSciences acted as corporate finance advisor for Adhesys Medical in the sale to Grünenthal Group

SilverSky GmbH – Your Partner for LifeSciences

SilverSky is pleased to announce that it has acted as corporate finance advisor for the shareholders and management of Adhesys Medical GmbH and its US subsidiary in the sale to the Grünenthal Group, a leading pharmaceutical company with presence in Europe, South America, USA and China.

Adhesys Medical is a medical device company based in Germany and the US, dedicated to developing one-of-a-kind, polyurethane-based surgical sealants. Based on a technology that has been continuously developed since 2007, the company was founded in 2013 in Aachen, Germany to bring the sealants to market. The technology is unique, as it combines ease of use, flexibility, biodegradability and wet space-usability.

The acquisition of Adhesys Medical in April 2017 by the Grünenthal Group follows a partnership between the two companies from May 2016 when Grünenthal secured the commercialization rights for Adhesys“ innovative topical surgical glue for the EU and Latin America in an exclusive licensing agreement. With regards to the acquisition both parties have agreed not to disclose details of the transaction.

SilverSky ist eine auf den Bereich Life Science fokussierte Corporate Finance Beratung, die ihre Mandaten bei M&A-Transaktionen, bei Kapitalbeschaffung oder Unternehmensbewertungen berät und bei Konzeption und Umsetzung von Buy & Build-Strategien operativ unterstützt. Die SilverSky Unternehmensgruppe ( www.silversky-lifesciences.com) wurde durch Unternehmer gegründet und kann auf eine langjährige Erfolgsbilanz bei der Entwicklung und Begleitung von LifeScience-Unternehmen von der Gründung bis zum erfolgreichen Exit zurückblicken. Basierend auf den Erfahrung der Gründer verfolgt SilverSky LifeSciences einen sehr unternehmerischen und wirkungsorientierten Ansatz bei ihrer Beratung.
Kontakt: Dr. Mirko Stange I m.stange@silversky-lifesciences.com I www.silversky-lifesciences.com

Kontakt
SilverSky GmbH
Thyll Dammer
Brunnenstraße 23
40223 Düsseldorf
021130270812
t.dammer@silversky-lifesciences.com
http://www.silversky-lifesciences.com

Business Economy Finances

FENIKO szybka pozyczka chwilowka online przez internet Katowice Warszawa Poznan Wroclaw Gdansk

FENIKO szybka pozyczka chwilowka online przez internet Katowice Warszawa Poznan Wroclaw Gdansk

Logo FENIKO szybka pozyczka chwilowka online przez internet Katowice Warszawa Poznan Wroclaw Gdansk

Tychy, wiosna 2017
Nierzadko slowo „pozyczka“ kojarzy sie z problemami – wysokim oprocentowaniem, koniecznymi badaniami lekarskimi, badaniem zdolnosci kredytowej i mnostwem papierow i wnioskow. Polska firma pozyczkowa Kredyty-Chwilowki sp. z o.o. nie raz juz udowodnila, ze nie musi tak byc i chociaz dziala na rynku juz od wielu lat, po raz kolejny wprowadza nowe rozwiazania. Portal pozyczkowy Feniko.pl to nowoczesny portal internetowy, umozliwiajacy pozyczenie nawet 1000 zlotych bez wychodzenia z domu i jakichkolwiek dodatkowych dokumentow, by otrzymac gotowke. Aby pozyczyc pieniadze wystarcza cztery proste kroki, a caly proces nie trwa dluzej niz pietnascie minut. Nie sa potrzebne zadne dodatkowe dokumenty oprocz wniosku wypelnianego przez Internet. Portal skierowany jest do mlodszej czesci polskiego spoleczenstwa, ktora bedac aktywna zawodowo, chce zalatwiac swoje sprawy szybko i sprawnie korzystajac z nowoczesnych urzadzen mobilnych z dostepem do internetu. To wlasnie dla nich w glownej mierze zostal stworzony portal Feniko.pl

Nummus Finanse Sp. z o. o.
43-100 Tychy, ul. Fabryczna 5
Infolinia: 801 00 50 22
mail: kontakt@feniko.pl
Wiecej informacji na feniko.pl

Nierzadko slowo „pozyczka“ kojarzy sie z problemami – wysokim oprocentowaniem, koniecznymi badaniami lekarskimi, badaniem zdolnosci kredytowej i mnostwem papierow i wnioskow. Polska firma pozyczkowa Kredyty-Chwilowki sp. z o.o. nie raz juz udowodnila, ze nie musi tak byc i chociaz dziala na rynku juz od wielu lat, po raz kolejny wprowadza nowe rozwiazania.

Kontakt
Nummus Finanse Sp. z o. o.
No Name
ul. Fabryczna 5
43-100 Tychy
801 00 50 22
kontakt@feniko.pl
http://www.feniko.pl

Business Economy Finances

GH Capital Begins Trading Publicly Under Symbol „GHHC“

1. Fintech 2017 IPO GH Capital ISIN: US36252P1030

Fintech Holding Company and Going Public Process Advisory
Organic and Acquisitive Growth Strategy

Miami, FL — (Accesswire) – March 24, 2017 – GH Capital, Inc., a diversified holding company, is pleased to announce the commencement of trading under the ticker symbol „GHHC“ effective March 24, 2017. It“s been an arduous nine-month progression with many processes and now GH Capital is set to execute on its organic and acquisitive growth plan.

GH Capital initiated this process to publicly list in the U.S. with its initial S-1 registration statement filed with the Securities and Exchange Commission on June 2, 2016. The Company has since kept current by filing its fiscal year end 10K for the year ended September 30, 2016 and its most recent 10Q for the quarter ended December 31, 2016.

Additional detailed information on GH Capital can be found in the company“s current reports filed with the Securities and Exchange Commission since its initial S-1 registration statement filed on June 2, 2016.
https://www.sec.gov/cgi-bin/browse-edgar?company=gh+capital&owner=exclude&action=getcompany

GH Capital is focused to discover and promote new technologies in the financial service industry, with its first product or service being ClickDirectPay (clickdirectpay.com), an offering to potentially high-risk, niche markets. These markets include e-commerce, gaming, adult entertainment, and digital goods. Furthermore, we will market our service to large acquiring and issuing banks, as well as financial institutions in Europe, to provide its service to their clients.

Additionally, GH Capital has a Going Public Process Advisory division, which takes the experiences it has confronted over its nine-month long process in becoming a public company. This segment of its business offers advise, guidance and referrals to help ease and quicken the process of becoming a publicly traded company.

Mr. Wolfgang Ruecker, Chief Executive Officer of GH Capital, commented, „We are excited by our progress to-date as our vision in becoming a U.S. publicly traded company with a fintech holding strategy has now become reality. We have now turned our experiences and relationships into a business division to assist others with the going public process. With the launch of our initial business, ClickDirectPay, we are thrilled about the prospects of the fintech platform we have built and its strategy as a holding company. Now as a publicly-traded company in U.S., we look forward to improved communications and transparency as we seek to build shareholder equity value.“

About GH Capital
GH Capital, Inc. is a FinTech holding company and offers a going public process advisory. The Company has developed an online payment option called „ClickDirectPay“ to process online wire transfer transactions for diversified online merchants with a target market in Europe.
For more information, please check out: http://www.ghcapital-inc.com and https://www.clickdirectpay.com

Forward-Looking Statements
Forward-Looking Statements. This press release contains „forward-looking statements“ within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the „Exchange Act“) (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words „believe,“ „anticipate,“ „estimate,“ „expect,“ „intend,“ „plan,“ „project,“ „prospects,“ „outlook,“ and similar words or expressions, or future or conditional verbs such as „will,“ „should,“ „would,“ „may,“ and „could“ are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company’s actual results, performance or achievements to be materially different from any anticipated results, performance or achievements. The Company disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional risks and uncertainties that could impact the Company“s forward-looking statements, please see the Company“s Form S-1 filed on June 2, 2016, including but not limited to the discussion under „Risk Factors“ therein, which the Company has filed with the SEC and which may be viewed at http://www.sec.gov

Contact Information
Corporate:
COO Carl Podeyn
press@clickdirectpay.com
305-714-9397

Investors and Media:
Hayden IR
hart@haydenir.com
917-658-7878

E- Unity Solutions PR- Service

Kontakt
E- Untiy Solution
Mark Heinrich
Koenigsallee 54A
70286 Ludwigsburg
0049-8304-65789
Press@clickdirectpay.com
http://www.clickdirectpay.com

Business Economy Finances

Join our vibrant Business Center

Working at a Business Center is full of opportunities

Join our vibrant Business Center

One of the sunny offices at GMC AG in Zug, Switzerland

Whether as a short term or a long term solution, the offices are completely equipped with a perfect office infrastructure and high qualified employees, who are happy to help with any requests and tasks.

This is a perfect solution if you want to expand your business to a different region. It is simple, uncomplicated and cheap. There are no launching costs, no investments and a flexible term of lease. Rieta de Soet says, the availability of offices in a business center is a great benefit for companies coming from abroad, because they get a helping hand from the employees who speak the local language and know the culture and costums.

It is also a good solution for a young entrepreneur, who wants to start self-employment. He gets all the help and information he needs from an experienced and high qualified staff.

Even companies which have existed for a long time and in the same place benefit from the GMC Business Center, because they can help to build up business relations.

Furthermore GMC offers an individual telephone service, backoffice, marketing service, translating services, conference rooms and helps building up your marketing organization. No matter what your needs are, GMC offers a personal and professional service to absolutely amazing prices, says Dr. Fabian de Soet.

Über GMC AG

GMC AG mit Hauptsitz in Zug/Schweiz, ist mit zahlreichen Business Centern international in Amerika, Australien, Asien und Europa vertreten. In seinen Business Centern stehen Betriebswirte, Steuerberater, Marketing- und Unternehmensberater den Kunden zur Verfügung, die seit über 20 Jahren in den Bereichen Business Center, Firmengründung und Managementberatung tätig sind.
IBS GmbH bietet Komplettlösungen für Unternehmen an, die ihren Standort verlegen oder einen neuen Standort gründen möchten.

Kontakt
GMC Global Management Consultants AG
Rieta Vanessa
Gubelstraße 12
6300 Zug
0041 41 560 77 00
info@gmc-consultants.ch
http://www.gmc-consultants.ch

Business Economy Finances

Enforce Tac 2017 – WELP Armouring

Enforce Tac 2017 - WELP Armouring

Nuremberg (Germany), 01.03.2017 – 02.03.2017

WELP Armouring celebrated its maiden appearance as an exhibitor at the 2017 Enforce Tac international tradeshow where its latest armoured security solutions were on display. Special focus was placed on the growing demand for armoured vehicles designed to protect swat squads and special
forces.

The company“s presentation of the new F2-TLC700 – an armoured version of the Toyota Land Cruiser 200 – as a police vehicle, and also of the latest developments was met with a highly enthusiastic response from industry-wide fairgoers. WELP Armouring“s FC-TLC700, which is currently being deployed by the police force in the state of Saxony, is available both as a VPAM VR7/BRV2009 and VR9/ BRV2009 and comes with additional special tactical solutions.

The all-new ballistic testing film for the F62-NPC700, an armoured version of the Nissan Patrol Y62, underlined yet again WELP Armouring“s focused commitment to security and the quality demands that come with this.

Enforce Tac fairgoers were also treated to the sight of an armoured vehicle that showed just how severe the VPAM certification requirements are. VPAM certificates are only issued for vehicles which withstand every tested ballistic attack and detonation.

We would also like to take this opportunity to thank the numerous new and interesting people that we had the privilege of making contact with.

In the not too distant future, IndiKar Individual Karosseriebau GmbH, a member of the „WELP Armouring“ brand, will be holding an in-house exhibition at its Wilkau-Haßlau site titled: Security Forum – Concepts for Inner and Outer Security.
It would be our pleasure to welcome you as a visitor to this exhibition.
Please contact our sales team if interested in attending this event.

WELP Armouring develops and produces customized and armoured vehicles to meet the highest automotive productions standards and cover the highest ballistic levels.

Our certified armouring portfolio entails SUVs, pick-ups, transporter vans and commercial vehicles for every conceivable mission throughout the world.

Customized one-of-a-kind vehicles or exclusive limited editions from German vehicle manufacturers – whatever the requirements are, our armouring solutions are unfailingly produced using certified, high-quality ballistic materials that are monitored by an efficient quality management system.

Kontakt
Farmingtons Automotive GmbH
Ronald Gerschewski; Matthias Reckmann
Beekebreite 18-20
49124 Georgsmarienhütte
+49 (0) 54 01 / 490-0
+49 (0) 54 01 / 42705
info@welp-armouring.com
http://www.welp-armouring.com

Business Economy Finances

PRUFTECHNIK now ISO 9001 certificated

TÜV SÜD proves quality management system effective

PRUFTECHNIK now ISO 9001 certificated

TÜV SÜD proves quality management system effective.

PRUFTECHNIK is pleased to announce that its 100% owned subsidiary PRUFTECHNIK Inc. (USA) has received the ISO 9001:2008 certificate recognizing the establishment and application of its Quality Management System. The certification, covering the complete management system including diverse business processes, was issued by the certification body of the German TÜV SÜD Management Service GmbH.

„We are very proud to have received this recognition in such a short time after the establishment of our facility. It serves as a testament to the entire PRUFTECHNIK team“s commitment to quality and service.“ says Timothy P. English, Managing Director at PRUFTECHNIK Inc.

The receipt of the ISO 9001:2008 certificate proves the consistent and worldwide standardized PRUFTECHNIK quality management system. It is strictly focused to fully meet the customer“s needs and issues. According to the audit result Hans Fuchs, TÜV SÜD auditor, states very good quotes for PRUFTECHNIK Inc. (USA): „The audit revealed that the management systems are completely effective and thus the prerequisites for maintenance and further development are ensured comprehensively. The management makes necessary resources available to meet the quality objectives.“

Since opening the Philadelphia office in June 2016, the entire U.S. team has worked tirelessly to create, and continuously improve its processes in order to provide a level of service consistent with PRUFTECHNIK“s international reputation for quality. In addition to their spectacular effort, invaluable support and advice which was provided by the experienced PRUFTECHNIK subsidiary in Canada (ISO 9001 certified since 2013), as well as the Quality Management Department in Germany.

About PRUFTECHNIK:
The PRUFTECHNIK group, with subsidiaries and partners in more than 70 countries worldwide, is continuing to set new standards with innovative technical developments in the sectors of machine laser alignment, condition monitoring and nondestructive testing to maximize and optimize machine and plant availability and to secure product quality.

Web: www.pruftechnik.com

Public relations:
Christian Wanner
Tel. : +49-89-99616-344
christian.wanner@pruftechnik.com

PRÜFTECHNIK Dieter Busch AG
Oskar-Messter-Str. 19-21
85737 Ismaning, Germany

The PRUFTECHNIK group, with subsidiaries and partners in more than 70 countries worldwide, is continuing to set new standards with innovative technical developments in the sectors of machine laser alignment, condition monitoring and nondestructive testing to maximize and optimize machine and plant availability and to secure product quality.

Kontakt
PRÜFTECHNIK Dieter Busch AG
Christian Wanner
Oskar-Messter-Str. 19-21
85737 Ismaning
004989996344
christian.wanner@pruftechnik.com
http://www.pruftechnik.com

Business Economy Finances

The Krugerrand 50-year success story: One ounce of South African fine gold is the number 1 investment coin in Germany

60 million bullion Krugerrand coins sold – Highest market share in Germany and worldwide – Jointly manufactured by Rand Refinery and the South African Mint – Legal tender in South Africa – Design by the Imperial Mint in Berlin

The Krugerrand 50-year success story: One ounce of South African fine gold is the number 1 investment coin in Germany

1_Ounce_Gold_Krugerrand (Source: © Rand Refinery)

Johannesburg, South Africa, March 6, 2017 – The Krugerrand is the world´s most popular investment coin, an integral element in the investment sector since the coin´s inception. On 3rd July 1967, South African Mint, the State minting institution in Pretoria minted the first Krugerrand, the world´s most traded gold coin. Commissioned by the South African State, the Rand Refinery near Johannesburg and the South African Mint have been producing Krugerrands for 50 years. Rand Refinery procures the gold and manufactures the blanks, the South African Mint strikes the coins, and Rand Refinery markets and sells the bullion Krugerrand“s globally.

In 1967, hardly anyone could have foreseen this incredible success story: more than 60 million coins were sold in just 5 decades. This amount nearly double the amount sold by its closest competitor. The Krugerrand was the first investment coin on sale in Germany, and worldwide.

Gold has always been considered a stable currency by many investors in times perceived as uncertain, including the Krugerrand, with a precious metal content of one ounce of fine gold, or 31.1 grammes. The Krugerrand´s total weight of 33.9 grammes results from the addition of copper, rendering the surface resistant to scratches, and making it more practical for trading purposes. The world´s favourite investment has lost none of its lustre and attractiveness in its 50th anniversary year. On the contrary, the Rand Refinery and the South African Mint jointly produce 1 million coins yearly, continuing to rise, of which the German-speaking countries purchase half of the ounce coins. Amongst all bullion coins traded in Germany, Switzerland and Austria, Krugerrand has a substantial market share.

The „Mother of all Gold Coins“ depicts on the front side Paul Kruger, a former President of the South African Republic (1825-1904) with the country of origin Suid-Afrika/South Africa written in two notations. Kruger´s paternal ancestors were German immigrants, and this side of the coin is based on a German model, the design originally from the Imperial Mint in Berlin. The Springbok antelope, South Africa“s national animal, adorns the back of the coin with the year of minting. The coin´s namesake is linked to the Rand, South Africa´s legal currency since 1961.

Since 1967, the Krugerrand has been South African legal tender, serving mostly as a tax-free investment, its price oriented on the global market price for gold, fixed anew on a daily basis.

Various campaigns are being planned for the coin´s golden 50th birthday. 50 Krugerrand coins weighing 50 ounces – around 1.5 kilogrammes – are distributed through leading collectible coin dealers worldwide. Also, a gold jubilee edition issue of 100,000 pieces will be available. Limited editions of the 2017 Krugerrand will be on sale in silver and platinum – a first in its 50-year history.

About Rand Refinery
Rand Refinery and the South African Mint produce the bullion Krugerrand in South Africa. Rand Refinery has refined nearly 50,000 tons of gold, around one third of the gold ever produced worldwide. The Rand Refinery was founded in 1920 by the Chamber of Mines in Germiston, South Africa to process raw gold mined around Johannesburg, marketing it around the world. The firm now processes approximately all gold mined in South Africa and a substantial share of gold mined in the rest of Africa. In addition to the world-famous Krugerrand gold coin, the company sells gold ingots ranging from one gramme to one kilogramme in weight. In Europe, the best-known ingots are the „elephant ingots“, bars of fine gold with an elephant motif on the back. The Rand Refinery has been admitted to the London Bullion Market Association, and is also listed for good delivery on the New York Commodities Exchange (COMEX), the Tokyo Commodities Exchange (TOCOM) and the Dubai Good Delivery Multi Commodities Centre (DMCC), amongst others.

Firmenkontakt
Rand Refinery
Richard Collocott
Refinery Road 1
1400 Germiston
+ 27 (0)11 418 9000
+ 27 (0)11 418 9231
gold@gold.co.za
http://www.randrefinery.com

Pressekontakt
fr financial relations gmbh
Jörn Gleisner
Louisenstraße 97
61348 Bad Homburg
+49 61 72 / 27 15 9 – 0
+49 61 72 / 27 15 9 – 69
j.gleisner@financial-relations.de
http://www.financial-relations.de