getquin Daily Summary 23.06.2022

Hello getquin,

today we are talking about Thyssen-Krupp, BMW and about BioNTech. Also like to check out the livestream on Instagram with Dividente today at 19:00! Otherwise, have a nice sunny day!

Europe🌍:

1. Thyssen-Krupp invests in Fintech Cap-on

The Ruhr Group's body construction company wants to offer its customers new financing options. To do so, it is relying on the development of the Abofabrik.

In the last two years, many manufacturing companies have experienced how quickly delivery delays can bring production to a standstill for several weeks. That's why Thyssen-Krupp Automotive Body Solutions wants to make usage-based financing solutions for new equipment more accessible to its customers. To this end, the company is taking a small stake in fintech startup Cap-on.

More on the investment: https://bit.ly/3zZ7D2c

🟥 $TKA (-0.29%) (🔽 -6,87%)

Asia🌏:

2nd BMW inaugurates third plant

BMW inaugurated its third plant in Shenyang on Thursday amid concerns that the German economy is too dependent on China. It is the Munich-based company's largest investment in China to date, amounting to more than two billion euros.

Jochen Goller, head of BMW China, said at the virtual opening of the plant, which was broadcast on social media, that there is no better proof of the company's long-term commitment and continued confidence in the Chinese market.

Click here for more info: https://bit.ly/39KDlpw

🟥 $BMW (-0.59%) (🔽 -2,25%)

Africa🌍:

3rd BioNTech to build vaccine production facility in Africa

Biopharmaceutical company BioNTech officially broke ground Thursday in the Rwandan capital of Kigali on the first mRNA-based vaccine production facility in Africa. According to a company spokeswoman, the first "BioNTainers" production vessels are expected to arrive at the site in late 2022. She explained that vaccine production is expected to begin 12 to 18 months after installation.

More on the factory: https://bit.ly/3ODnF5U

🟩 $BNTX (-2.25%) (🔼 +2,60%)

𝗦𝘁𝗼𝗰𝗸𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗱𝗮𝘆:

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🟥 FLOP $DBK (-1.8%) , 8,64 € (🔽 -10,7%)

🟥 Most searched $BASF, 41,52 € (🔽 -4,78%)

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🟥 DAX, 12,971.07 (🔽 -1.37%)

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Time: 17:00 CEST

𝗙𝘂𝗻 𝗙𝗮𝗰𝘁:

Did you know that it costs 13 cents to produce a €2 coin?