As a result of the spin-off, each shareholder of Continental AG received one share in Vitesco Technologies for every five Continental shares held. With the completion of the spin-off, Vitesco Technologies, the former Powertrain business area of Continental AG, has become independent. The first share price was quoted at EUR 59.80. Vitesco Technologies announced its successful market debut with the start of trading of its shares on the Frankfurt Stock Exchange. Vitesco Technologies announces market debut on Frankfurt Stock Exchange Currently, the spin-off is expected to take place in the second half of 2021. However, due to the Covid-19 pandemic, the Company postponed the spin-off. 963, 12171504, Food or drug or cosmetic safe FDC dyes. The Company was originally planning to spin off Vitesco Technologies in 2020. 3, 10000000, Live Plant and Animal Material and Accessories and Supplies. In October 1, 2019, the Powertrain business area began operating under the name of Vitesco Technologies. These three sectors are further divided into five business areas and 21 business units as shown in the table below. The Company’s structure during the fiscal year ended Decemconsists of three group sectors: Automotive Technologies, Rubber Technologies and Powertrain Technologies. The Company’s percentage of sales for Europe has decreased from 59.3% in the fiscal year ended December 31, 2011, to 47.9% in the fiscal year ended December 31, 2020. And also cabin announcements in many languages. Not just any sounds, though, but real-life call-outs by captain and co-pilot, adjustable, depending on aircraft type even. Flight Deck Companion is a program that lets you add sounds to your cockpit environment. This trend continued in the fiscal year ended December 31, 2020, despite the effects of the Covid-19 pandemic. Aerosoft Online recently released they FDC Live Cockpit. This can be seen in the decreasing percentage of Company sales from Europe in recent years. One aspect to the Company’s global strategy is to achieve increased balance of sales across all of its operating regions, thus allowing it to become less dependent on specific markets. In the fiscal year ended December 31, 2020, sales to automotive OEMs accounted for approximately 69% of the Company’s total sales. It provides brake systems, powertrain components and systems, chassis components and systems, interior displays, human-machine interfaces, infotainment solutions, vehicle electronics, tires and technical elastomers. The Company develops and manufactures systems and technologies to provide sustainable and connected mobility of people and goods.
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