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Germany

The UK’s impending departure from the European Union on January 31 creates at least one certainty.  Following the Tories’ resounding victory in the December parliamentary elections, any further talk of a second referendum is empty rhetoric... Read more

Turkish construction machinery manufacturer Hidromek was won the German Design Award 2020 for its 100% electric wheeled excavator, Hicon 7W... Read more

CONSTRUCTION & ENGINEERING

The German state of Brandenburg has seen a spike in interest among German carmakers following the announcement by electric-car giant Tesla last November that it will build its European gigafactory there, according to the Brandenburg Economy... Read more

AUTOMOTIVE, MARITIME & TRANSPORT

German chemical giant BASF has signed a purchase agreement with an affiliate of global private equity firm Lone Star Global Acquisitions for the acquisition of BASF’s Construction Chemicals business... Read more

CHEMICALS & BIOCHEMICALS

German multinational Thyssenkrupp has been in advanced stage talks with California-based Tesla over providing services to the company's first European e-vehicle manufacturing facility, according to comments made by a board member to German daily... Read more

AUTOMOTIVE, MARITIME & TRANSPORT

Last week the US Congress passed the 2020 National Defense Authorization Act (NDAA) - which not only increased the Pentagon's budget by $22-billion (€19.7-billion), but also threatened to place sanctions on Russia's Nord Stream 2 gas pipeline and... Read more

On the occasion of their joint anniversary Mitsubishi Electric and Yamazaki Mazak looked back on their cooperation, which has now lasted for 40 years: a success story of two companies with Japanese roots in North Rhine-Westphalia, Germany... Read more

An agreement has been reached between the US House and the Senate armed services committee on a defence bill that would push the Trump White House to place sanctions on companies that are working with Gazprom, Russia's state-owned gas company... Read more

Germany has long been renowned as a leader in wastewater management – and it’s easy see why. Its system doesn’t just sanitise and keep water clean; it ensures minimum waste, benefiting individuals and households alike. And unsurprisingly, it’s... Read more

US-based on-demand manufacturing marketplace has announced the acquisition of Munich-based Shift, the largest on-demand manufacturing marketplace in Europe. The acquisition will accelerate Xometry's international expansion into 12 new countries... Read more

Germany's Automobile industry association VDA issued a stark warning this week saying that it expects global car sales to fall by 5% - the largest drop since the financial crisis - and that more job cuts may come as a result in 2020... Read more

On Sunday, Ursula von der Leyen began her five-year term as the new European Commission President, taking over from Jean-Claude Juncker... Read more

Volkswagen's luxury car unit Audi has announced that it is set to cut around 9,500 jobs - more than one in ten - in Germany by 2025 as part of a structural overhaul that will help fund the switch over to electric vehicles... Read more

A closely watched survey of business executives conducted by Germany's Ifo Institute has provided a further sign that confidence in the German economy is improving... Read more

US based electric supercar company Tesla is to construct its base of operations in Europe just outside the German capital, Berlin, according to company founder Elon Musk who made the long-awaited announcement on Tuesday... Read more

Global metallised paper manufacturer AR Metallizing has announced that it has secured a deal to acquire Eurofoil Paper Coating GmbH in Berlin. The transaction is still subject to approval of the German Cartel authorities... Read more

The German government and the country's automotive association, VDA, have agreed to double the Umweltprämie ('Environmental Bonus') - cash incentives for electric vehicles - as the country attempts to speed up the move away from the combustion... Read more

German industrial conglomerate thyssenkrupp has announced plans to invest €250-million in its Marine Systems division, which builds warships and submarines... Read more

According to data released by the European Commission, economic sentiment in the Eurozone deteriorated last month. The decline has been driven by the manufacturing sector. Sentiment in services was positive in September and October but remains at... Read more

German chemical giant Bayer has said that the number of US plaintiffs blaming its Monsanto-produced glyphosate weedkillers for their cancer has more than doubled since June. There are now over 42,700 lawsuits facing Bayer, potentially raising any... Read more

  • Brandenburg's Jörg Steinbach

  • thyssenkrupp

  • Nord Stream 2 "past the point of no return"

  • BMW

  • Water treatment plant in Wilhelmshaven

  • German cars