SUMMARY. This summary (the "Summary") is made up of disclosure requirements known as " Elements". These elements are numbered in Sections A – E (A.1 – E.7). This Summary contains all the Elements required to be included in a summary for this type of notes and issuer. Because some Elements are not required to be addressed, there may be gaps in the numbering sequence of the Elements. Even though an Element may be required to be inserted in this Summary because of the type of notes and issuer, it is possible that no relevant information can be given regarding the Element. In this case, a short description of the Element is included in this Summary with the statement "not applicable". A.1 Warnings - This Summary should be read as an introduction to the Base Prospectus of IKB Deutsche Industriebank Aktien- gesellschaft (the "Issuer" or "IKB AG" and, together with its consolidated subsidiaries and special purpose entities, "IKB" or the "IKB Group"). - Any decision to invest in the Notes should be based on consideration of the Base Prospectus as a whole by the in- vestor. - Where a claim relating to the information contained in the Base Prospectus is brought before a court, the plaintiff in- vestor might, under the national legislation of the Member States, have to bear the costs of translating the Base Pro- spectus before the legal proceedings are initiated. - Civil liability attaches only to IKB AG which has taken re- sponsibility for this Summary, including any translation thereof, but only if this Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus or it does not provide, when read to- gether with the other parts of the Base Prospectus, key in- formation in order to aid investors when considering whether to invest in the Notes.
SUMMARY. This summary is made up of disclosure requirements known as "Elements". These elements are numbered in Sections A – E (A.1 – E.7). This summary (the "Summary") contains all the Elements required to be included in a sum- mary for this type of notes and issuer. Because some Elements are not required to be ad- dressed, there may be gaps in the numbering sequence of the Elements. Even though an Element may be required to be inserted in this Summary because of the type of notes and issuer, it is possible that no relevant information can be given regarding the El e- ment. In this case, a short description of the Element is included in this Summary with the statement "not applicable". A.1 Warnings – This Summary should be read as an introduction to the Base Prospectus of IKB Deutsche Industriebank Aktieng- esellschaft (the "Issuer" or "IKB AG" and, together with its consolidated subsidiaries and special purpose entities, "IKB" or the "IKB Group"). – Any decision to invest in the Notes should be based on consideration of the Base Prospectus as a whole by the in- vestor. – Where a claim relating to the information contained in the Base Prospectus is brought before a court, the plaintiff in- vestor might, under the national legislation of the Member States, have to bear the costs of translating the Base Pro- spectus before the legal proceedings are initiated. – Civil liability attaches only to IKB AG which has taken re- sponsibility for this Summary, including any translation thereof, but only if this Summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus or it does not provide, when read to- gether with the other parts of the Base Prospectus, key in- formation in order to aid investors when considering whether to invest in the Notes.
SUMMARY. In the present report, the Federal Office for Goods Transport has developed an in-depth analysis of the current training and employment situation as well as the labour conditions of professional drivers (in goods transport), rail operators and barge operators as part of the implementation of section 5 E of the Federal Government action plan for goods transport and logistics. The most significant results can be summarised as follows: The number of professional drivers (goods transport/lorries) subject to social security con- tributions in Germany was totaled 546,459 at the end of 2015 according to the Federal Labour Office - another increase of around 1.6 % compared to the previous year, which was primarily a cause of a continuous rise in the number of foreign employees. Howev- er, the number of part-time commercial drivers fell significantly. In December 2015 76,542 drivers were employed, 5.8% fewer than in the previous year. An increase in employment in more advanced age groups was observed in contrast to sinking employment in young- er age groups. Whilst the percentage of under-25-year-olds remained at a constant level in 2015 compared to the previous year, the percentage of over-55-year-olds reached around 26.5%; one percentage point more than in 2014. Compared to the national aver- age of all professions, percentage of professional drivers in the latter age group is above average. The nationwide number of unemployed persons or persons seeking employ- ment may remain above the number of vacant positions, however, the unemployment rate as well as the number of persons seeking employment went down significantly be- tween July 2015 and May 2016. The number of job vacancies rose distinctly. An evalua- tion of 350 job advertisements for professional drivers carried out by the DEKRA Akade- mie GmbH showed that employers have intensified their search for qualified workers. This year, reports have focused on digitalisation and analysing to what extent digital technology has changed the daily work routine and influenced the working conditions of drivers. Modern technology like digital tachographs and telematics systems are already common in the industry. On the one hand they are an efficient support system in the daily work routine as they help the driver operate the vehicle and have a positive influence on road and traffic safety. The number of accidents resulting in personal injury and involving goods road transport vehicles has been steadily falling for years...
SUMMARY. Section a) Introduction, containing warnings Date of approval of the Prospectus: 3 April 2024 Warnings: This summary should be read as an introduction to the Prospectus. Any decision to invest in the Offered Securities should be based on a consideration of the Prospectus as a whole by the investor. The investor could lose all or part of the invested capital. Where a claim relating to the information contained in the Prospectus is brought before a court, the plaintiff investor might, under national law, have to bear the costs of translating the Prospectus before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled this summary including any translation thereof, but only where this summary is misleading, inaccurate or incon- sistent, when read together with the other parts of the Prospectus, or where it does not provide, when read together with the other parts of the Prospectus, key information in order to aid investors when considering whether to invest in the Offer Shares.
SUMMARY. Summaries consist of specific disclosure requirements, known as "Elements". These Elements are numbered in Sections A – E (A.1 – E.7). This summary contains all the Elements required to be included in a summary for this type of securities and Issuer. Because some Elements are not required to be addressed, there may be gaps in the numbering sequence of the Elements. Even though an Element may be required to be inserted in the summary because of the type of securities and Issuer, it is possible that no relevant information can be given regarding the Element. In this case a short description of the Element is included in the summary with the mention of "not applicable". Section A – Introduction and warnings
SUMMARY. This financial product promotes environmental or social characteristics. The investment fund contains a mini- mum share of 10% in sustainable investments. Sustainability factors are integrated into the Fund’s in- vestment process, or the Fund only purchases financial instruments that have been categorised as sustainable by Schoellerbank Invest AG on the basis of a predefined screening process. Schoellerbank Invest AG makes the investment decisions for this Fund on the basis of the integration of sustainability factors and on the basis of the investment universe defined through the screening process. Schoellerbank Invest AG has developed a two-step pro- cess that collects appropriate measures of investments in order to assess environmental and social characteris- tics. The first step is a “negative screening” (selection accord- ing to exclusion criteria as well as compliance with the UN Global Compact). Issuers that meet an exclusion cri- terion are eliminated in the first stage, so that no invest- ment is made in their securities, either indirectly or directly. In the second step, the remaining issuers go through a “positive screening” with regard to their social and envi- ronmental standards. Positive criteria are indicators that speak for an above-average performance of a company or state with regard to the advertised environmental and social characteristics. Durch den beschriebenen zweistufigen, nachhaltigen Auswahlprozess auf Unternehmens- und Staatenebene sowie den Ausschluss von Unternehmen mit schweren Verstößen gegen den UN Global Compact werden ökolo- gische oder soziale Merkmale gefördert. Ökologische Merkmale werden durch die Vermeidung von Investitionen in wirtschaftliche Tätigkeiten, die für die ökologischen Ziele besonders schädlich sind, geför- dert. Durch den Ausschluss von betroffenen Unterneh- men werden Verstöße gegen Umweltbewusstsein, fehlendes Vorsorgeprinzip im Rahmen des Umweltprob- lems und fehlende Entwicklung und Vorbereitung um- weltfreundlicher Technologien sowie Unternehmen, die in umweltschädlichen Bereichen ihre Kernumsätze erzie- len, nicht unterstützt. Die Förderung ökologischer Merk- male auf Staatenebene erfolgt durch die verpflichtende Ratifizierung der UN-Biodiversitätskonvention sowie des Pariser Klimaschutzabkommens und den Ausschluss von Staaten mit zu geringen Anstrengungen für den Klima- schutz. Soziale Merkmale werden durch die Vermeidung von In- vestitionen in wirtschaftliche Tätigkeiten, die für die so- zialen ...
SUMMARY. Section 1 Introduction and Warnings Section 2 Key information on the Issuer
2.1 Who is the Issuer of the securities?
SUMMARY. The objective of this project is to analyse the general technical, regulatory and economical conditions for “Virtual Power Plants” (VPP) based on renewable energy sources. In this case a VPP is defined as an interactive, centrally controlled network of decentralised generation units with varying shares of different technologies used to meet the overall demand. Thereby communication and control systems allow to monitor and to control the operation of genera- tion units as well as selected appliances on the demand side in order to maximise the reve- nue of the operating company. For the optimisation of the operation of a VPP data on rele- vant generation unit parameters, fuel cost, cost and potentials of storage options and re- sponsive loads, etc. is needed in order to be able to compare cost of control options with expected cost of imbalances. In this way a VPP due to its high degree of flexibility allows to integrate intermittent generation technologies like wind power more efficiently and therefore provides an added value compared to the conventional operation that imposes high cost for imbalances and has furthermore negative effects on system stability. The major motivation for this project is to lower competitive disadvantages for small market players operating distributed generation units based on renewable energy sources compared to incumbents characterised by large scale generation. In this context the liberalisation of the Austrian power market according to EC directive 96/92/EC in general provides a suitable framework for a non discriminatory market entry. However economical as well as administra- tive barriers still exist and impose hurdles in form of high transaction cost especially for small market actors. In order to be able to address to core questions of this project it is necessary to define the term “Virtual Power Plant” with respect to the existing Austrian market framework. Further- more international experiences with distributed generation in general and VPP in particular are analysed with respect to the framework of the Austrian market model. Finally diverse generation portfolios including intermittent generation from wind power are analysed with respect to their imbalance cost. The major result of the project is a basic concept for VPP based on renewable energy sources including a detailed specification sheet with respect to requirements for communica- tion and information technologies which provides the basis for the concrete design ...
SUMMARY. In accordance with the moderate economic growth in 2013, there was a stable number of persons employed in the commercial occupations examined (agents for courier, express and parcel services, agents for freight forwarding and logistics services, and shipping agents) compared to the previous year. The percentage of women employed in all three occupations exceeds the average proportion of female employees in the transport indus- try. Foreign workers do not make up a high proportion of employees in any occupation. Both the shipping agents as well as the agents for freight forwarding and logistics ser- vices consist of a high percentage of young workers compared to the national average. At the same time, only a small proportion of employees are of older ages. In contrast, the age structure of agents for CEP services is made up of a few young workers and a high proportion of workers of older ages. The working conditions differ partly due to the size of the company. Firstly, promotion prospects are often limited in smaller companies. If it is a small, family-run business, management positions are often held by family members and are therefore not available to non-family members. Secondly, the working hours at smaller companies are often irregular, whereas trade representatives state that closer attention is paid to complying with regular working hours under employee protection. Differences in remuneration may also result from the size of the company, especially since small companies are not regu- larly bound by collective wage agreement. Small businesses often pay their employees on the basis of applicable collective wage agreements. In the context of the conclusion of collective wage agreements, significant wage increases were more or less agreed upon for the commercial employees. Employment trend Working condi- tions The employment statistics of the Federal Employment Agency (Bundesagentur für Arbeit) show more registered unemployed persons for all three occupational groups than job vacancies. Likewise, there are more unemployed persons registered than job vacancies in all federal states in Germany. The labour-market situation in Baden-Württemberg, for example, is better than in North Rhine-Westphalia. On average, positions are filled more quickly in the field of transport-related commercial occupations than the average of all occupational groups. The number of trainees has rather declined in the field of agents for CEP services and shipping agents; it is in a...
SUMMARY. SECTION 1 INTRODUCTION WITH WARNINGS