Latest news and information about Formel D

Always be up to date and read our latest news and our customer magazine Informel.

Latest news and information about Formel D

Always be up to date and read our latest news and our customer magazine Informel.

Latest news and information about Formel D

Always be up to date and read our latest news and our customer magazine Informel.

News2023-05-19T15:58:23+02:00

News

Formel D secures long-term financing to support its growth strategy

Cologne, December 5, 2022. Formel D, a globally active service provider for the automotive and supplier industry, has successfully concluded a comprehensive refinancing package of €179 million. The financing has been significantly extended for four years, which provides Formel D with planning security for the continuation of its strategic development. Gian Mario Deligios, CFO of Formel D, said: “With the successful refinancing, we are in a solid financial position to continue to actively accompany the transformation of the automotive industry. The refinancing on attractive terms in a challenging market environment is a sign of confidence in our [...]

2022-12-05T14:59:44+01:0005. December 2022|

New Vice President in Germany: Johannes Wallraf assumes leadership role

After twelve years at Formel D, Johannes Wallraf became the new Vice President in Germany on January 1, 2022. With his entrepreneurial spirit and great operational expertise, Johannes Wallraf has always been impressive and has significantly advanced Formel D every year since his start in November 2009. Based on his years of professional experience in the automotive industry, he has continuously managed to lead his team to great success – always keeping his finger on the pulse of the rapidly changing industry. His driving force was always to keep the team spirit high, take an [...]

2022-02-09T13:22:34+01:0026. January 2022|

Successful Formel D Business Talk on “Mobility of the Future”

The mobility of the future is developing at a rapid pace and is the central theme of the IAA Mobility. In line with the start of Germany's largest automotive trade fair, the Formel D Group invited guests to a Business Talk at Munich's Allianz Arena. The keynote speakers of the Formel D subsidiary Vdynamics, Dr. Wassiou Sitou (Managing Director Vdynamics) and Sebastian Lüdeke (Key Account Manager Vdynamics), spoke about technological trends and the topic "Virtual validation in vehicle testing".

2021-09-13T14:23:00+02:0009. September 2021|

Further News

Successful Formel D Business Talk on “Mobility of the Future”

The mobility of the future is developing at a rapid pace and is the central theme of the IAA Mobility. In line with the start of Germany's largest automotive trade fair, the Formel D Group invited guests to a Business Talk at Munich's Allianz Arena. The keynote speakers of the Formel D subsidiary Vdynamics, Dr. Wassiou Sitou (Managing Director Vdynamics) and Sebastian Lüdeke (Key Account Manager Vdynamics), spoke about technological trends and the topic "Virtual validation in vehicle testing".

2021-09-13T14:23:00+02:0009. September 2021|

New Formel D Website Now Online

A more modern design, improved user experience, more content, and 100 percent responsivity: The Formel D Group website has undergone a facelift. You will find out what exactly has changed on the Group website and how you as a user benefit below.

2021-03-31T16:58:20+02:0031. March 2021|

Autonomous driving | Formel D and Cyngn Enter Into Partnership Agreement

Formel D and American company Cyngn have entered into a partnership in the area of autonomous driving. In the future, Formel D will support the Silicon Valley-based software company in quality assurance and sale of the DriveMod software, which Cyngn develops for autonomous vehicles.

2021-03-19T11:34:17+01:0004. March 2021|

Informel 2020/2021 | Formel D Customer Magazine in a new Design

The new issue of the Formel D customer magazine Informel is now available in both digital and print versions. In a new design, the most extensive Informel magazine to date provides information on a number of interesting projects and news from the Group.

2021-10-21T11:03:52+02:0029. January 2021|

Dr. Wassiou Sitou is the new Managing Director at Vdynamics

As of October 1, 2020, Dr. Wassiou Sitou is reinforcing the management board of Formel D subsidiary Vdynamics in Munich. The graduate computer scientist and software engineer was most recently the Senior Vice President at ESG Mobility GmbH, a subsidiary of the ESG Group.

2021-02-15T12:35:10+01:0001. October 2020|

2,020th tree planted | Formel D continues sponsorship of OroVerde

Formel D will continue its longstanding sponsorship for the Tropical Forest Foundation OroVerde in 2020. With the third project phase to preserve the rainforest in Guatemala beginning, the successful concept from the first two completed phases will be applied in other project regions.

2021-03-21T11:17:45+01:0021. September 2020|

¡Felicidades! 20 years of Formel D Spain

Formel D Spain is celebrating its 20th anniversary this year. The national subsidiary has developed very successfully over the past two decades and currently employs more than 500 people. They work at eight Formel D locations as well as onsite with its customers.

2021-03-21T11:16:49+01:0014. September 2020|

Formel D kündigt strategische Weiterentwicklung an

Troisdorf, 11. September 2020. Formel D hat heute die strategische Weiterentwicklung des Unternehmens unter dem Leitgedanken „Driving Excellence“ vorgestellt. In diesem Zusammenhang wurden vier Handlungsfelder festgelegt, in denen sich das Unternehmen noch besser aufstellen will, um den Wandel in der Automobilindustrie aktiv zu begleiten.

2021-02-15T12:07:53+01:0011. September 2020|

Formel D celebrates construction progress of the new Vehicle Development Center with a roofing ceremony

To celebrate the completion of the building shell of the new Vehicle Development Center (VDC) in Immendingen, Formel D held a roofing ceremony this week. The traditional celebration in the commercial and industrial area of Donau-Hegau was attended by well-known customers of the Group, who were able to get a first glimpse of the construction progress of the building and the future range of services at the VDC on this day.

2021-02-15T12:07:47+01:0011. September 2020|

“Highest Reputation”: Focus Money once again honors Formel D

For the third year in a row, Formel D has been honored as a company with the “Highest Reputation” according to a study by Focus Money. Among the around 150 companies in the category of “Automotive suppliers” included in the study, the quality service provider once again secured a spot in the top ranking in 2020.

2021-03-21T11:17:22+01:0007. August 2020|

Gratulacje! 20 years of Formel D Poland

Around 500 employees, four subsidiaries, and 20 permanent project locations on the premises of its customers: 20 years after its foundation, Formel D Polska SP. z o.o. can look optimistically into the future due to numerous successfully completed projects for OEMs and suppliers.

2021-02-15T11:49:35+01:0003. August 2020|

Formel D is host sponsor of the webcast “Automobilwoche talks Business”

“Will the coronavirus pandemic bring the electric campaign to a halt – or really get it going?” Matthias Grossmann, Vice President Strategy & Digitalization of Formel D Group, intends to address this question on July 14 in the webcast “Automobilwoche talks Business” in a discussion with Christian Müller (Head of Development, Opel) and Thomas Ulbrich (Volkswagen, Head of E-Mobility Brand).

2021-02-15T11:46:54+01:0010. July 2020|

Dr. Thomas Klukas joins Formel D as COO

The Formel D Group expands its board: Effective June 1, 2020, Dr. Thomas Klukas has assumed the newly created position of Chief Operating Officer (COO) for the quality service provider in the automotive industry. With many years of international experience across a variety of managerial positions, the 55-year-old now heads the Group’s operational division. From this point on, Formel D’s executive management will consist of Dr. Jürgen Laakmann (CEO), Gian Mario Deligios (CFO), and Dr. Thomas Klukas (COO).

2021-02-15T11:43:11+01:0002. June 2020|

Formel D produces nose and mouth masks for own needs

With strict hygiene and protective measures, the Formel D Group is preparing to start many projects back up at short notice that were ramped down or stopped entirely due to the spread of the coronavirus. One of the numerous measures: For over two weeks, the Group has been producing nose and mouth masks non-stop at the in-house sewing facility in Stuttgart to cover internal company demand.

2021-02-15T11:37:36+01:0013. May 2020|

New Munich Formel D subsidiary begins in split operation

Accompanied by strict hygiene measures to protect employees, many Formel D subsidiaries began split operation starting this week. This means that some employees will work in the office for a certain period while the others are working from home and that these groups will rotate. Many colleagues in Munich can also look forward to relocating to a new office – the Group has now officially moved into a new location in the Bavarian metropolis.

2021-02-15T11:37:44+01:0008. May 2020|

#stayhome and #keepthedistance: Formel D designs corona campaign GIFs

Each one of us can do our part and help slow the spread of the coronavirus. Besides following known hygiene regulations, such as washing your hands and sneezing or coughing into your elbow, two additional measures are essential: keeping a distance from others and staying home whenever possible. The Formel D Group would also like to do its part by reminding everyone of this code of conduct.

2021-03-21T11:17:29+01:0015. April 2020|

Martin Cornelius joins Vdynamics executive management

Martin Cornelius joined Formel D subsidiary Vdynamics GmbH/MobileNext GmbH as a new member of executive management on April 1, 2020. The industrial engineer will assume responsibility for the sales, finance, and administration divisions.

2021-02-15T11:29:48+01:0009. April 2020|

Dr. Marcel Klehr discusses megatrends at the Automotive Forum

“Megatrends in the automotive industry and the consequences for small and medium-sized suppliers”: Dr. Marcel Klehr, Vice President Germany at Formel D, will discuss this topic with other panel participants at the digitally conducted Alphazirkel Automotive Forum on March 17, 2020.

2021-02-15T11:27:24+01:0014. February 2020|

Formel D receives silver medal from EcoVadis certification

Silver medal for Formel D: For their active commitment to Corporate Social Responsibility, the Group has now received an award from EcoVadis. The award from the independent rating agency underlines both the transparency that Formel D maintains with their international business partners, and their special dedication to more sustainability and social responsibility throughout the entire supply chain.

2021-02-15T11:21:02+01:0016. January 2020|

Gian Mario Deligios new CFO at Formel D

Gian Mario Deligios has been the new Chief Financial Officer (CFO) at Formel D since the beginning of 2020. The finance manager, who has many years of experience in leading positions in the automotive industry, succeeds Dr. Knut Michelberger, who acted as CFO on an interim basis from July 2019 to the end of the year and is now returning to the Group Advisory Board.

2021-02-15T11:21:07+01:0008. January 2020|

Formel D christmas donation to “Doctors Without Borders”

Even during the Christmas season, many people around the world are in dire distress. For almost 50 years, “Doctors Without Borders” has been providing medical aid in more than 70 countries in crisis and war zones as well as in areas where natural disasters struck. Formel D is now doing its part to support the international organization with a Christmas donation.

2021-02-15T11:09:47+01:0023. December 2019|

Formel D takes a stand against child sexual abuse

In 2018, 14,410 children in Germany were the victims of sexual abuse. Besides the registered cases, the number of unreported cases is estimated to be around seven times higher according to experts.

2021-02-15T11:10:00+01:0016. December 2019|

Successful in-house trade fair at Formel D in Ingolstadt

“We’ve never experienced Formel D like this before!” exclaimed visitors to the Formel D in-house trade fair, held at its Ingolstadt location last week. The new subsidiary was transformed into a small exhibition center for the event, featuring several topic-specific booths where the many guests could experience the Formel D world up close and personal.

2021-02-15T11:10:08+01:0005. December 2019|

Graduation Celebration at Formel D

Five young talents, five different training and career paths: On November 20, our cooperative education students and trainees who completed their programs this year were honored as part of a graduation celebration held at the company headquarters in Troisdorf.

2021-02-15T11:01:44+01:0027. November 2019|

Formel D Supports AsylPlus Integration Project

Formel D GmbH will now sponsor the AsylPlus integration project. Headquartered in Bad Tölz, south of Munich, this association supports asylum seekers and refugees in learning German and skills that help with integration using computers. With this commitment, Formel D continues to expand its activities in the area of corporate social responsibility (CSR).

2021-02-15T11:01:40+01:0022. November 2019|

Innovation award for Formel D subsidiary CPS Quality

Last Tuesday, our subsidiary CPS Quality received an innovation award from EQUIP AUTO. The award ceremony was held during a gala dinner at the EQUIP AUTO trade show in Paris, organized by Philippe Baudin, who was elected president of EQUIP AUTO on April 4, 2019.

2021-02-15T10:47:52+01:0017. October 2019|

10 Years of Formel D India

Formel D India Private Ltd. was founded exactly ten years ago to the day – on October 15, 2009. Therefore, we would like to take this opportunity to congratulate our Indian colleagues on the 10th anniversary of their national subsidiary.

2021-03-21T11:17:39+01:0015. October 2019|

Formel D completes the acquisition of CPS Quality and looks forward to hosting a joint booth at Paris trade fair

The Formel D Group has successfully completed its acquisition of French quality service provider CPS Quality following approval from the competition authorities. CPS Quality will continue to operate under its existing name in France, Belgium, Morocco and Turkey. In Romania and Hungary CPS Quality will henceforth operate under the name Formel D.

2021-02-15T10:47:48+01:0009. October 2019|

Formel D acquires Vdynamics GmbH

Troisdorf, September 30, 2019. The Formel D Group has finalized its acquisition of Vdynamics GmbH, a Munich-based engineering service provider focused on physical and virtual testing of automotive software and ECUs (electronic control units). The acquisition will enable Formel D to reinforce its market position in product development, with a focus on testing and validation and offer a greater range of solutions to its customers. Following its integration, Vdynamics will continue to operate under its own name.

2021-02-15T10:38:39+01:0030. September 2019|

Vehicle testing 2.0

Vehicle tests help ensure vehicle quality under a wide range of external conditions. Formel D supports its customers in preparing, organizing and carrying out test runs on public streets as well as private tracks and test sites.

2021-02-15T10:38:54+01:0026. September 2019|

42 Participants at the Formel D Blood Donation Day

The first Formel D blood donation campaign at the company headquarters in Troisdorf yielded very promising results for the automotive service provider: 42 employees, including 24 first-time donors, took part in the campaign. Collectively, they made a significant contribution to replenishing the blood supplies of the German Red Cross.

2021-02-15T10:38:42+01:0017. September 2019|

Formel D welcomes new trainees

Since August 2019, Hanna (20), Elvira (18), Max (18), and Sebastian (19) are new trainees at Formel D. The four newcomers are completing their vocational training as business administrator for office management or IT specialist for systems integration.

2021-02-15T10:33:04+01:0007. August 2019|

Formel D releases current sustainability report

The United Nations Global Compact (UNGC) alliance urges companies around the world to voluntarily align their business activities and strategies with ten universally accepted principles of human rights, labor standards, environmental protection, and anti-corruption measures.

2021-02-15T10:32:55+01:0002. August 2019|

Social-Bee | Formel D offers refugees job prospects

Amar Biso Jalal from Iraq, Nguse Yemane from Eritrea, and Sayed Jamal Hussaini from Afghanistan have been working for Formel D at the Renningen site in a control & rework project since November 2018. What the young men have in common: The three came to Formel D via the non-profit organization Social-Bee, which assists refugees in integrating into the German job market.

2021-02-15T10:25:54+01:0028. June 2019|

25 Years of Formel D UK

Formel D opened their first subsidiary in the UK on this date exactly 25 years ago. In its anniversary year of 2019, the national subsidiary looks back at its very successful development and plans to continue expanding its range of customer services in the years to come.

2021-02-15T10:25:47+01:0003. June 2019|

New ISO certification for safe working conditions

For Formel D, the health and safety of its employees takes top priority. This is why Formel D has launched a new occupational safety management system that optimizes these aspects within the company.

2021-02-15T10:20:53+01:0016. May 2019|

Focus Money once again honors Formel D with “Highest Reputation” award

As last year, Formel D has once again been honored with the “Highest Reputation” award in the category of automotive suppliers. In this year’s study, business magazine Focus Money collaborated with the Institute for Management and Economic Research (IMWF) to rate thousands of companies.

2021-02-15T10:20:47+01:0010. May 2019|

Formel D: Competence Center for e-mobility

Since 2016, Formel D has set benchmarks with its Verification and Campaign Center (VCC) in Ahlhorn, North Germany. Now, the Group is gradually expanding the location into a Competence Center for electromobility to meet ever-growing customer demand.

2021-04-07T14:51:41+02:0012. April 2019|

Formel D at the “IHK Azubi Speed Dating” in Bonn

With its diverse projects, Formel D offers attractive jobs and perspectives in the automotive industry. Most recently, our team got to know numerous applicants at the “jobvector career day” in Munich.

2021-02-15T10:12:46+01:0022. February 2019|
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