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Nordex bags wind turbine orders from Türkiye's Akfen Renewable
Nordex SE, a German wind turbines maker, said on Tuesday that it has received five orders from Türkiye's Akfen Renewable Energy for a total of 102 MW.
August20,2024
German battery maker Varta aims to complete restructuring by year-end
German battery maker Varta's restructuring needs to be documented and submitted to the relevant court following agreement from the boards of the parties involved, a Varta spokesman said on Monday.
August20,2024
German tourist group TUI Group says revenue rose in third quarter
The German travel group TUI said it lost €103.6 million ($114 million) in the third quarter compared to a loss of €52.5 milli...The German travel group TUI said it lost €103.6 million ($114 million) in the third quarter compared to a loss of €52.5 million in the prior year.
August15,2024
German steel maker Salzgitter reports Q2 net loss and declining sales
The German steel producer Salzgitter reported a second quarter net loss on Monday, as sales declined in the face of a downward economic trend in Europe, and especially Germany that has significantly weighed on the steel industry.
August13,2024
German micro-chip maker Infineon opens new factory in Malaysia
The German semiconductor manufacturer Infineon is opening a new factory in Malaysia, soon after having announced the loss or relocation of a total of 2,800 jobs elsewhere. The first products from the plant in Kulim are to be delivered to customers in the autumn, Infineon CEO Rutger Wijburg said.
August08,2024
German chemical giant BASF warns delays likely after plant fire
German chemical giant BASF has warned customers to expect delays after a fire at its site in the western city of Ludwigshafen. The business said deliveries of selected vitamin A, vitamin E and carotenoid products as well as certain flavourings would be affected.
August08,2024
German guest falls in love with local cuisine in China's Yifeng
Wolfgang Margraf, an engineer from Cologne, Germany, who accompanied his Chinese wife in a family visit in Huanggangshan neighborhood community in Huangken Town of Yifeng County in Yichun City, east China's Jiangxi Province, recently learned how to make "shaomai," a traditional Chinese steamed pastry.
August02,2024
German auto parts supplier ZF announces up to 14,000 job cuts by 2028
German automotive supplier ZF Friedrichshafen plans to cut between 11,000 and 14,000 jobs in the country by the end of 2028, the company announced.
July30,2024
German government wants more speed in the expansion of telecom networks
The German government wants to speed up the expansion of fibre optics and mobile communications. After lengthy negotiations within the government, the cabinet approved a draft law to accelerate the expansion of telecommunications networks.
July25,2024
German district heating network needs billions in funding, says study
The planned expansion of district heating networks in Germany could prove to be far more expensive than previously thought, a new study has warned.
July24,2024
German government to promote installation of digital electricity meters
The German government wants to drive greater use of energy from wind and sun with digital electricity meters and more flexible tariffs.
January12,2023
German exports to China recover faster in 2020: Destatis
German exports to the United States and China, the country's biggest export markets in 2020, showed a mixed picture as exports to the U.S. were "much more affected" by the COVID-19 crisis than exports to China, the Federal Statistical Office (Destatis) said on Wednesday.
March04,2021
German exporters benefit from China's good economic situation: ifo Institute
Sentiment of Germany's manufacturing industry "improved noticeably" as the ifo index for export expectations rose from 7.5 points in the previous month to 10.7 points in February, the ifo Institute said on Tuesday.
February24,2021
Trade helps boost German economic recovery with fourth monthly gain
German trade grew at a faster-than-forecast pace in August, posting its fourth monthly gain and providing a major boost to Europe's biggest economy as it attempts to emerge from the coronavirus crisis.
October14,2020
German ministries agree on stricter rules after Wirecard debacle
German ministries have agreed on stricter regulations for financial markets and private companies, following a scandal involving the now-insolvent Wirecard company and its dubious accounting practices.
October14,2020
Study: Germans have strong reservations about mobile payments
According to a new consumer study, there are particularly strong reservations about paying by mobile phone in Germany. According to the survey of 2,500 residents of 10 European countries, at the end of last year only 5 percent of German consumers used their smartphone for making payments.
October18,2019
DGB study: Trainees not adequately prepared for digitalization
Only a little more than one in two trainees in Germany feels well prepared for digitalization. This is the result of the 2019 Training Report of the youth wing of the German Trade Union Federation (DGB), according to information obtained by the German Press Agency.
August30,2019
Number of German companies training refugees on the rise
The proportion of German companies taking on refugees for training purposes rose to 16 per cent from 14 per cent last year, the Association of German Chambers of Industry and Commerce (DIHK) said on Thursday.
August16,2019
Siemens reports lower profits in Q3 citing geopolitical tensions
German industrial manufacturing giant Siemens sees geopolitical clouds on the horizon, despite a general willingness to invest, chief executive Joe Kaeser said from company headquarters in Munich on Thursday.
August02,2019
High investments squeeze BMW profits
BMW may have sold more cars in the second quarter, but it fell short in terms of profit.
August02,2019
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