part of the epidemic is now on shops. Here you can read an Overview of current industry news around the contagion wave.

in China

German and other European companies in the people's Republic of the effects of the Coronavirus get to feel epidemic. "The overall impact is bad," said the German and the European chamber of Commerce in China, according to a survey among their member companies. Almost 90 percent reported "moderate to strong effects" due to the lung disease. Because of the crisis, every second company expect almost a double-digit percentage slump in revenue in the first half of the year, a quarter expect even with more than 20 percent decline. A good third of the streams has, therefore, been problems with its financial.

car industry - the market shrank by 20 percent

The novel Coronavirus power for the car maker in China is noticeable. "We are seeing the first negative effects in the market due to Covid-19", said Hildegard Müller, President of the German Association of the automotive industry (VDA), on Thursday. In China, the market shrank in January compared with the same month last year to 20 percent. The sun but also due to the fact that there was for new year, less sales days. For this year, the Association had assumed a Minus of two percent. Now is expected due to the Virus, a scenario with a Minus seven percent.

Continental , The auto supplier Continental is increasing its precautions and restricts business travel to and from China and South Korea and in parts of Italy. In addition, the Dax-listed group has enhanced the protection of the health of the workforce: To support the individual locations, "with the delivery of appropriate personal protective equipment". A further focus is the delivery ability of the company to maintain. Conti has factories and branch offices on all continents, and also operates in the vicinity of the Infektionsherds in the North of Italy locations.

Fraport: tourism industry

The German travel industry is due to the Coronavirus to a difficult year. Although the Federal government be citizens in a holiday mood. "But we have noticed a growing uncertainty among customers," said Norbert Fiebig, President of the industry Association DRV. Especially in the case of Trips to Asia, there is a restraint in bookings. The industry hopes that the reservations are later rescheduled, with a strong Last-Minute business. "The longer the crisis lasts, the more the travel industry will be affected," said Fiebig. So far, the business started slow.

the Frankfurt airport, After Lufthansa, the Frankfurt airport, is due to the Corona-crisis saving rate. The freight and passenger traffic in China traffic collapsed, so that the operator Fraport has too much staff on Board. Specifically, new hires should be only in exceptional cases possible. The staff unpaid leave and reduced work to be brought close to times. Fraport 62,56 EUR a value of -0.30 (EUR -0.48%) Xetra price data

the duration and the extent of the flight cancellations because of the Coronavirus could not be reliably forecast, so Fraport. Create like a Pro: With the Bernecker exchange-compass, you depend on the Dax! (Partner offer) Now 30 days free of charge test!

economic concerns in the industry

The German industry sees the Coronavirus as a "stress test" for the economy and fears the consequences for the economy. The Federation of German industries (BDI) called on the Federal government to a coordinated economic policy approach. "In addition to the health and safety policy needs to take also the economic crisis management in the focus," said managing Director Joachim Lang. Some supply chains with a strong China-focus would not pass the stress test currently. The more than 5,000 German companies in China are restricted in purchasing, production and sales.

Geneva watch fair: , The Swiss Foundation for the art of watchmaking the Geneva watch fair "Watches and Wonders" (planned 25. up to 29. April) due to the corona virus crisis to be cancelled. The next scheduled appointment is, therefore, only in the spring of 2021. The canceled event would have been the first under the new name. Thus, the Foundation wanted to give your traditional watch salon SIHH a new impetus. In the past year, more than 23,000 visitors came to Geneva.

Microsoft: The Computer giant has been deleted due to the novel Coronavirus, the sales target for its PC division. Due to pressures on the supply chain, the forecast in the current quarter is not likely to be achieved, warned Microsoft . The PC division of Microsoft includes about Windows operating systems and Hardware products such as Surface, Laptops, and Tablets, as well as the Xbox game console. The company emphasized that Windows demand is more high.

Standard Chartered The British Bank needs to move because of the Coronavirus, your return target. Together with other problems such as the low interest rates, the protests in Hong Kong and a global economic weakness, the virus will lead to follow that the profits to grow in the medium term is less strong, so the Bank, which makes up the bulk of their business in Asia. Standard Chartered is expected, however, that the effects of the Virus temporarily.

AB Inbev: is The world's largest brewer, expects due to the Coronavirus with a profit slump. The operating profit (Ebitda) in the first three months will fall by around ten percent, the brewer of brands such as Beck"s, Budweiser, Corona and Stella Artois. Alone in the first two months, the impact of the novel Virus expressed, therefore, the result of $ 170 million.

Qiagen: the rapid spread of The lung disease, the stock markets crash. The Biotech company Qiagen heard but the few profiteers. The diagnosis of a specialist begins with the delivery of test kits for Coronavirus. On the stock market, the Qiagen N. V.-paper and let rise on Monday.

EBM-papst: The manufacturer of fans and motors, with headquarters in baden-württemberg Mulfingen has expanded its China task force to Italy and South Korea. You analyzed the situation about the supply chains. Currently, the supply of critical Parts to be secured for the productions of the next four weeks. Travel in the from Coronavirus-affected regions have been prohibited. EBM-papst from South Korea, particularly electronic components, from Italy mechanical purchased parts and from China, for example, magnets. Also

All the information about the outbreak of Coronavirus, you can find in the News Ticker of FOCUS Online

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ham/dpa-AFX Date Of Update: 27 February 2020, 14:00