Word: partnerships
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Dates: during 1990-1999
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...semesters of dentistry were enough to convince Klaus Hoell that he should switch to business administration; he is now an executive with Mercedes-Benz. After wondering whether to attend university at all, Poeck moved into engineering and an eventual partnership in a consulting firm. He spent several years working in Asia and Africa, where he thinks he can contribute more than at home. Dieter Klussmeyer studied law on his way to the civil service post of district draft-board chief in his hometown. Only Werner Marker, an ophthalmologist, and Klaus Giersiepen, a lawyer, were certain of their career plans...
...East Europeans work, play and shop. In Hungary, General Electric paid $150 million last January for control of Tungsram, one of the world's largest light-bulb makers. GE plans to light up Europe by selling the bulbs across the Continent. In Poland, Italian automaker Fiat, in partnership with a Polish company, plans to build 1.5 million subcompacts during the next ten years. In East Germany, Coca-Cola is pouring out $140 million to turn six aging state-owned soft-drink plants into gleaming Coke bottlers...
...Conde Nast, and will be repositioned as a more mainstream men's fashion magazine. And Spy, a satirical magazine that proclaims itself "hip, but suspicious of hip," failed in a highly publicized capital drive, although it still posts slim profits. Spy hopes to hedge its bets by moving into partnership deals in TV and movies...
...demands of its larger neighbors, Korea shut out the world and became a "Hermit Kingdom." Today that is neither possible nor desirable. South Korea's future is bright: economic prosperity should ease the transition to full democracy and lessen military dependence on the U.S., resulting in a more balanced partnership that will be welcomed by both nations. For North Korea, however, the immediate future is likely to be brutish. Until the kind of change that transformed Eastern Europe comes to this Asian outpost, reunification of the peninsula remains a dream for both North and South -- dreams that are still very...
...delays were one more obstacle in Stein's Sisyphean journey to realize his dream park. He had first proposed the idea two decades ago. In 1980 he pitched a partnership to Paramount, where Eisner was president before taking over Disney. (Eisner says he was not at the meeting.) Last year Cineplex Odeon backed out as co-sponsor. And still Stein pursued his vision, like the Jaws shark searching for fresh kill. In the weeks before the opening, he walked dozens of journalists through the unfinished attractions. So beguiling was Stein's spiel that some reporters obligingly described the experience...