Translation of "Markt- und wettbewerbsumfeld" in English

Market opportunities describe the potential resulting from trends in the market and competitive environment and from the regulatory situation.

Specialized institutions like the Pfandbrief banks remain exposed to considerable regulatory pressure in the current market and competitive environment.

Joint knowledge creation is the extent to which supply chain partners develop a better understanding of and response to the market and competitive environment by working together.

Wiesbaden, 12 November 2013 – During the third quarter of the 2013 financial year, Aareal Bank Group maintained its successful business performance, in a market and competitive environment that remained challenging, achieving its best consolidated operating profit since the beginning of the financial crisis.

The factors taken into consideration in their assessments include a company's performance-oriented strategy, problem-solving capability, customer and service orientation, commitment and implementation of innovative, long-term and sustained strategies, all of which highlight the significant contributions made by the prize-winners to progress and growth in the global market and competitive environment.

In his new position as Director Business Development, he will further expand the existing lines of business and will be responsible for the worldwide positioning of LANCOM with respect to the relevant markets and competitors.

The targeted development will depend on the partially challenging market conditions and competitive environment of the key markets in Europe and Asia.

Moreover, for such a well-positioned institution as Aareal Bank, the improved market and competitive environment which we observe at present holds very good potential to increasingly exploit current market opportunities for our credit business."

Aareal Bank expects the market and competitive environment to remain very demanding throughout the current financial year. The main trends of 2014 are expected to continue.

During the third quarter of the 2013 financial year, Aareal Bank Group maintained its successful business performance, in a market and competitive environment that remained challenging, achieving its best consolidated operating profit since the beginning of the financial crisis.

We support you at a national and international level in marketing and sales with customized strategies and activities in compliance with your individual needs, your market and your competitive environment.

In a market and competitive environment that continued to be challenging, the Group once again generated solid consolidated operating profit which, at € 62 million, was fully in line with expectations.

Wiesbaden, 20 February 2014 – Aareal Bank Group posted very good results for the 2013 financial year, in a market and competitive environment that remained challenging.

"We remain set for profitable growth – in a market and competitive environment that remains challenging, and is characterised by numerous uncertainty factors.

Tebis Consulting has developed a holistic strategy that includes a benchmark analysis of the customer's products, market and competitive environment in addition to investigating their manufacturing processes.

As a company, we constantly adapt to the market, our competitive environment and the needs of our consumers.

Tebis Consulting has developed a holistic strategy that includes a benchmark analysis of the customer's products, market and competitive environment in addition to investigating their manufacturing processes.

Grevenmacher (Luxemburg) - The Logwin Group was able to hold its ground strongly in the highly challenging market and competitive environment of the first half of 2015.

Hans W. Reich commented on his impending retirement from the Supervisory Board: "Aareal Bank has seen an outstanding development over recent years, in a very challenging market and competitive environment.

The developments of Aareal Bank Group's key income items, as seen over the last quarters, prevailed during the quarter under review, in a continuously challenging market and competitive environment.

In a market and competitive environment that remained very challenging, Voith made visible progress in the 2013/14 fiscal year with its Group-wide "Voith 150+" success program, which was launched in the fall of 2013.

In a market and competitive environment that continued to be challenging, the Group once again generated solid consolidated operating profit which, at EUR 62 million, was fully in line with expectations.

In a market and competitive environment that remained challenging, the Bank posted consolidated operating profit of € 66 million – up by more than one third compared to the same quarter of the previous year (€ 48 million), and a further slight increase over the very good results posted for the second quarter of the current financial year (€ 65 million).

With his experience, we will continue to drive Güntner's growth in a dynamic market and increasingly global competitive environment.

In a market and competitive environment that remained very challenging, Voith made visible progress in the 2013/14 fiscal year with its Group-wide “Voith 150+” success program, which was launched in the fall of 2013.

Aareal Bank Group posted very good results for the 2013 financial year, in a market and competitive environment that remained challenging.

Aareal Bank expects the market and competitive environment to remain very challenging during the current financial year.

With this combination, we are laying the foundations for our Company's sustained success, in a market and competitive environment that is changing rapidly", said Hermann J. Merkens, Chairman of the Management Board.

At the same time, the fact that we have made a second acquisition – financed from the Bank's own funds – within a period of just over one year is renewed evidence of Aareal Bank Group's strength, and its ability to take strategic action in a rapidly-changing market and competitive environment.”