2. Significant events in the reporting period

The first-time consolidation of 100 % of shares in the companies CL EUROPORT s.r.o., based in Plzen, Czech Republic, and CL EUROPORT Sp.z o.o., based in Malaszewicze, Poland, took place on the acquisition date of 4 January 2022. The companies were included in HHLA’s consolidated group as fully consolidated companies as of 31 March 2022. Further information about the acquisition of the companies can be found under Note 4.

With the invasion by Russian troops on 24 February 2022, the economic environment and economic developments in Ukraine have deteriorated. Even now, it is still not possible to determine the further impact on the global economy in the future with any certainty. Consequently, effects may arise that could have a negative influence on the future results of operations, net assets and financial position of the HHLA Group. Further information can be found under Note 3.

HHLA is in a position to be able to bear these risks. The continued existence of the Group is therefore not at risk.

There were no other particular events during the period under review that had an impact on the Group’s results of operations, net assets and financial position.