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The Japan Times
WORLD EYE REPORTS
GERMANY'S RHINE-MAIN REGION |
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©THE JAPAN TIMES
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Thursday, October 25, 2001
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 AGAINST THE BACKDROP of the Deutscher Aktienindex (DAX) big board companies, traders at the Frankfurt Stock Exchange prepare for the euro.
Frankfurt leads beloved deutsche mark's farewell and euro's historic welcome
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For information from tourist tips to news and culture on Germany's financial center, visit this site and click on the English translation: www.frankfurt.de
The renowned Frankfurter Allgermaine, one of Germany's most important daily newspapers, will give readers a focus on key events in the region and the country. Check their English page, inside the main site at: www.faz.com
eBox
Special corporate Web focus:
Wiesbaden, 28 km east of Frankfurt rhine-Main Airport and in the center of the region, is home to Hoitz GmbH. Managing Director Peter Hoitz-Kathan is a member of the second generation of the Hoitz family to own and manage the company since it was founded in 1956. Its star products continue to be the Magnetoplan and Transotype business-presentation and organization systems. Since its inception, Hoitz has grown to over 100 registered designs and international patents, with major manufacturing plants in Germany, Austria, Brazil and Japan. Check out their informative Web site at: www.hoitz -gmbh.de
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Despite its official launch in January of 1999, the European Union's new currency, the euro, has yet to emerge from electronic transactions and into the hands of the European Monetary Union's 300 million consumers. But they won't have to wait much longer. A trip to any cash-dispensing machine after New Year's Eve on January 1, 2002 will get their hands on the brave new currency. And Frankfurt, in the heart of Germany's important central economic region between the Main and Rhine rivers, is playing a key role in paving the way for a smooth transition. FULL STORY
New breed of leader takes charge
"It is during periods of dramatic change when true leaders are made," declares Dr. Heinz-Werner Meier, CEO of Aventis Pharma Deutschland. Currently captaining Aventis' German market - one of its biggest and most demanding - Meier sees his daily job demands as "more challenging by the day but also more gratifying." With his mild manners belying deep insights into the pharmaceutical industry, Meier has gotten this relatively young giant's German operations firing on all cylinders. FULL STORY
Why these bankers are singing a happy tune
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 Dr. Heinz-Werner Meier'stensive experience is proving a valuable resource. |
 Wennemar von Bodelschwingh (l) and Wolfgang Groth (r) are leading the bank's innovative strategies. |
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At first glance, Eurohypo's Wolfgang Groth and Wennemar von Bodelschwingh wear the trappings of success with much pride, as can be expected from one of Germany's biggest and most profitable mortgage banks. Heads of the treasury and capital markets departments respectively, Groth and von Bodelschwingh are key components of the banks' continuing robust results. With total assets of 73.48 billion euro (as of December 31, 2000), Eurohypo now stands as one of Germany's strongest and most resilient mortgage banks. FULL STORY
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Germany's Rhine-Main Region
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The economic region, located in western Germany, is situated along the confluence of the Rhine and Main rivers. It straddles the federal states of Bavaria, Hessen, and Rhineland-Palatinate. Frankfurt serves as its metropolitan center. Other core cities in the region include Wiesbaden, Mainz, Darmstadt and Offenbach.
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Area: 13,528 sq. km.
Population: 4.8 million
GDP: $130.84 billion
GDP per capita: $27,263
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Rhine-Main's top producer
Chemical industry
Mechanical engineering
Food, beverage and tobacco
Electrical engineering
Plastics
Manufacturing |
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Turnover
in US$ (bil.)
$ 12.51
$ 6.85
$5.50
$5.50
$4.15
$60.36 |
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Percent share in Germany
11.59
5.46
4.62
4.62
9.94
5.91 |
Source: IHK- Forum Rhine-Main and Frankfurt Economic Development |
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