Adler Group Chairman Resigns

22 Feb 2024 CW Team

In a significant shake-up within the real estate sector, Adler Group's Chairman has resigned from his position, leaving industry insiders and investors speculating about the reasons behind this sudden decision. The departure comes at a critical juncture for the company, which has been a key player in Germany's real estate market.

The chairman's resignation is accompanied by a wave of uncertainty, as the real estate industry grapples with the potential consequences of this leadership change. The departure is expected to prompt a thorough examination of Adler Group's internal dynamics and strategic vision moving forward.

This move follows a series of challenges faced by the real estate sector globally, with economic uncertainties and market fluctuations impacting companies in the field. The resignation of such a prominent figure adds an extra layer of complexity to the situation.

Adler Group, known for its significant presence in the real estate market, will now need to navigate the transition and reassure stakeholders about the stability of its operations. Investors, employees, and clients will be closely monitoring the company's next steps, seeking clarity on the succession plan and the new leadership's vision.

The real estate community is abuzz with discussions on the potential ripple effects of this development. Market analysts are expected to closely monitor the company's stock performance and industry experts are likely to weigh in on the broader implications for the real estate landscape.

As the story unfolds, stakeholders are eagerly awaiting official statements from Adler Group and its remaining leadership to shed light on the circumstances surrounding the chairman's resignation and the strategic direction the company will take to weather these challenging times.

Infrastructure Urban

07 Nov 2025

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..