(IN BRIEF) Deutsche Telekom has launched a powerful new campaign as part of its “No Hate Speech” initiative, aimed at raising awareness about the dangers of disinformation. The campaign uses striking imagery to show how false information spreads rapidly like … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, Marketing, Media, News, Technology, Telecom
Tagged campaign, Christian Hahn, Dennis May, Deutsche Telekom, disinformation, marketing, No hate speech, Nora Fingscheidt
(IN BRIEF) Vitesco Technologies has utilized Infineon Technologies’ CoolGaN™ Transistors to significantly enhance the efficiency and performance of its next-generation DC-DC converters, which are crucial in electric and hybrid vehicles. These converters connect high-voltage batteries to low-voltage circuits and are … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged CoolGaN™ Technology, DC-DC Converter, Infineon, Johannes Schoiswohl, partnership, Vitesco Technologies
(IN BRIEF) Rheinmetall has secured a contract with the Ukrainian Ministry of Defence to deliver eight additional Forward Surgical Team stations, enhancing Ukraine’s medical response capabilities on the front lines. The order, valued in the mid-double-digit million-euro range, is part … Read the full press release
(IN BRIEF) MAHLE Aftermarket will present its comprehensive range of workshop solutions at Automechanika 2024, focusing on electrification and thermal management. Key highlights include the TechPRO® 2 diagnostic tool with remote capabilities, the expanded BatteryPRO product line, and a new … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, Marketing, Media, News, Technology
Tagged Automechanika 2024, MAHLE, MAHLE Aftermarket, Philipp Grosse Kleimann, technologies, Workshop Solutions
(IN BRIEF) Deutsche Telekom’s IoT subsidiary has joined the Bridge Alliance, enhancing global IoT connectivity and simplifying international operations for businesses. This partnership, the first of its kind for a European telecommunications company, allows for seamless IoT integration across Europe … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged APAC, Bridge Alliance, Dennis Nikles, Deutsche Telekom, IoT connectivity, partnership
(IN BRIEF) The Supervisory Board’s decisions reflect Siemens’ commitment to accelerating its strategic initiatives and driving significant value creation. With these leadership changes, Siemens is well-positioned to continue its growth trajectory and support its customers’ transformation journeys. For more information, … Read the full press release
Posted in Business, Environment, Germany, Industrial, Investment, Management, News, Technology
Tagged appointment, Cedrik Neike, digital, Jim Hagemann Snabe, leadership, Peter Koerte, Roland Busch, Siemens AG, sustainable, transformation, Veronika Bienert
(IN BRIEF) Siemens has announced major enhancements to its Sinumerik 828D CNC controller at AMB Stuttgart, introducing new processor units and a redesigned MCP. These upgrades aim to increase productivity, sustainability, and efficiency, featuring advanced connectivity, improved cybersecurity, and digital … Read the full press release
(IN BRIEF) SUSS MicroTec SE reported strong financial results for the first half of 2024, with a high order book of €450 million and a significant 45.6% increase in sales to €192.8 million. The Q2 sales reached €99.3 million, driven … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Burkhardt Frick, Dr. Cornelia Ballwiesser, Dr. Thomas Rohe, Financial, investment, SÜSS MicroTec
(IN BRIEF) PVA TePla has partnered with Scientific Visual, acquiring a 25% stake to enhance its silicon carbide quality control capabilities. This collaboration aims to improve the inspection and production yield of silicon carbide crystals, meeting the growing global demand … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News, Switzerland, Technology
Tagged acquisition, Dr. Ivan Orlov, Jalin Ketter, partnership, PVA TePla, quality control, Scientific Visual, silicon carbide crystals, sustainability, Switzerland
(IN BRIEF) Porsche has introduced a new battery storage system at its Leipzig plant, repurposing used Taycan batteries to create a sustainable energy solution. The system, part of Porsche’s “Second Life” initiative, will enhance the plant’s energy efficiency, contribute to … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Albrecht Reimold, Alwin Schmid, battery storage system, innovative, Leipzig Plant, partnership, Porsche, sustainability, Taycan batteries
(IN BRIEF) JOST will present its latest innovations at Lastbil 2024, including the KKS automatic coupling system, King Pin Finder, and intelligent axle systems. These products address critical industry issues like driver shortages and sustainability, showcasing JOST’s commitment to enhancing … Read the full press release
(IN BRIEF) Logicor has obtained a building permit to redevelop a former department store site in Neuss, Germany, into a modern business park. The 25,740 sqm site will feature 12 adaptable units to attract various businesses, enhancing the area’s economic … Read the full press release
(IN BRIEF) Voith and HADAG Seetouristik und Fährdienst AG have commissioned the first of three type 2030 hybrid ferries for the Port of Hamburg. The ferry, featuring advanced electric Voith Schneider Propellers (eVSPs) and an optimized hull design, promises reduced … Read the full press release
Posted in Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged electric Voith Schneider Propellers (eVSPs), ELIN Motoren, HADAG Seetouristik und Fährdienst AG, Hybrid Ferry Electrification, Oliver Lenz, partnership, sustainability, Voith
(IN BRIEF) NORMA Group has secured a contract to supply V-band clamps for a German energy storage facility, supporting the cooling system of large stationary batteries. The contract, valued at EUR 2.4 million, spans from 2024 to 2028, providing between … Read the full press release
Posted in Business, Electronics & Machinery, Energy, Gas & Oil, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, United Kingdom
Tagged Energy Storage Facility, Germany, Guido Grandi, Norma Group, partnership, UK, V-band clamps
(IN BRIEF) Continental is evaluating a spin-off of its Automotive group sector to create two independent companies, aiming to unlock greater value and growth potential. A decision is expected in late 2024, with the spin-off planned for completion by the … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News
Tagged appointment, Automotive Group, Continental, leadership, Nikolai Setzer, Prof. Dr.-Ing. Wolfgang Reitzle
(IN BRIEF) Evonik’s MACBETH project marks a revolutionary advancement in the chemical industry. The team, led by Robert Franke, installed a demonstration plant at the Marl Chemical Park, showcasing innovative research cast in steel and iron. This project highlights significant … Read the full press release
Posted in Business, Chemicals, Financial, Germany, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Chemical Industry, Evonik, INNOVATION, MACBETH Project, Robert Franke
(IN BRIEF) Tubulis has been named one of 2024’s “Fierce 15” biotechnology companies by Fierce Biotech. This recognition celebrates Tubulis’ innovative work in ADC development and its commitment to improving cancer treatment outcomes. With significant recent advancements, including a €128 … Read the full press release
(IN BRIEF) Elmos Semiconductor SE has welcomed 10 new apprentices and four dual students at its Dortmund location, bringing the total to 43. The company offers a range of technical and commercial apprenticeship programs, along with dual study options. Elmos … Read the full press release
Posted in Automotive, Business, Education, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged apprenticeship, Dr. Arne Schneider, Dual Students, Elmos Semiconductor SE
(IN BRIEF) Deutsche Beteiligungs AG (DBAG) is acquiring a controlling interest in UNITY AG, a leading consultancy in technology and digital transformation, aiming to leverage UNITY AG’s strong market position and growth potential. The deal, pending regulatory approval, is expected … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Small Business, Technology
Tagged acquisition, Christoph Plass, consulting services, Deutsche Beteiligungs AG (DBAG), digital transformation, investment, Jannick Hunecke, partnership, Tomas Pfänder, UNITY AG
(IN BRIEF) MorphoSys AG has completed its voluntary delisting from the Frankfurt Stock Exchange and Nasdaq Global Market following its acquisition by Novartis. The delisting agreement, announced on June 20, 2024, and the subsequent delisting purchase offer by Novartis were … Read the full press release
Posted in Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, News, Pharma & Biotech, Science, Switzerland, Technology
Tagged acquisition, Frankfurt, MorphoSys, NASDAQ, Novartis, Novartis BidCo AG, partnership, sustainability, Switzerland
(IN BRIEF) Rheinmetall is acquiring a majority stake in Resonant Holdings (Pty) Ltd, a South African specialist in plant engineering for chemical applications, by securing 51% ownership in a new joint venture, Rheinmetall Resonant South Africa. This move aims to … Read the full press release
Posted in Business, Chemicals, Defence, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology
Tagged acquisition, partnership, Resonant Holdings, Rheinmetall, South Africa
(IN BRIEF) Thales has been selected by Lilium as the exclusive supplier of navigation and communication antennas for their electric Vertical Takeoff and Landing (eVTOL) jet program, set to begin service in 2026. This partnership will incorporate a blend of … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged Communication Antennas, eVTOL Jet Navigation, Germany, Lilium, Martin Schuebel, Nicolas Bonleux, partnership, sustainability, Thales
(IN BRIEF) Brenntag, a global leader in chemicals and ingredients distribution, has acquired Monarch Group Holdings Ltd. and its subsidiary Monarch Chemicals Ltd. in the UK. This acquisition includes sites in Southeast England and Scotland, enhancing Brenntag’s last-mile service operations. … Read the full press release
Posted in Agriculture, Business, Chemicals, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, United Kingdom
Tagged acquisition, Brenntag, Jon Hill, Monarch Chemicals, partnership, Russel Argo, sustainability, UK
(IN BRIEF) Nagarro, in partnership with Kehl and Offenburg universities, is launching a new bachelor’s degree program in ‘Digital Public Management’ starting in the winter semester of 2025-26. This program aims to meet the growing need for digital services in … Read the full press release
Posted in Business, Education, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged 'Digital Public Management' Degree, Kehl University, Nagarro, Offenburg Universitiy, partnership
(IN BRIEF) GFT has achieved its third consecutive year of improvement in the ISG Provider Lens™ – Google Cloud Partner Ecosystem 2024 report, positioning itself as a leader in Data Analytics and Machine Learning, and Implementation and Integration Services in … Read the full press release
Posted in Artificial Intelligence (AI), Awards, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged AI, Awards, GFT Technologies, ISG Provider Lens™, leadership, Marika Lulay, Mark Purdy, rankings
(IN BRIEF) Deutsche Telekom, Volkswagen Group Logistics, BIBA, and Unikie have launched the “AutoLog” project to automate logistics processes at the Emden port automotive terminal. The project uses Deutsche Telekom’s 5G network and edge data center technology to enhance efficiency. … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom, Transportation & Logistics
Tagged 'AutoLog' Project, Automated Logistics, BIBA, Deutsche Telekom, Emden Port, partnership, sustainability, Unikie, Volkswagen
(IN BRIEF) BP has finalized the acquisition of GETEC ENERGIE GmbH, an energy supplier to commercial and industrial customers in Germany. This acquisition, announced in January 2024, enhances BP’s European gas and power operations and expands its reach to Germany, … Read the full press release
Posted in Austria, Belgium, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Poland, United Kingdom
Tagged acquisition, Austria, Belgium, BP, Cord Wiesner, Elaine Skinner-Reid, European Energy, GETEC ENERGIE GmbH, Netherlands, partnership, Poland, sustainability
(IN BRIEF) AUTO1 Group SE, a leading European digital automotive platform, reported record-breaking results in Q2 2024. Key highlights include a 17% increase in units sold (166,292), a 36% rise in gross profit (€173.3 million), and the highest adjusted EBITDA … Read the full press release
Posted in Automotive, Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged AUTO1 Group, Christian Bertermann, Financial, investment, Markus Boser
(IN BRIEF) Delivery Hero SE has announced the merger of its food delivery businesses, foodora, Yemeksepeti, and foodpanda, to boost operational efficiency and business leverage across Europe and Asia. The new organization, led by Tareq Barto, aims to unlock synergies … Read the full press release
Posted in Business, Economy, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Internet & Online, Investment, Management, Marketing, News, Technology
Tagged acquisition, Asian, Delivery Hero, European, foodora, foodpanda, operations, partnership, sustainability, Tareq Barto, Yemeksepeti
(IN BRIEF) Encavis Asset Management AG and Commerzbank AG have secured project financing for the Bartow solar project, set to be Germany’s second-largest solar park with a capacity of 260 MW. Located in Mecklenburg-Western Pomerania, the project is part of … Read the full press release
(IN BRIEF) Elmos Semiconductor SE is celebrating its 40th anniversary this year, marking four decades of innovation and growth in the automotive mixed-signal semiconductor industry. Founded in 1984 in Dortmund by Prof. Dr. Günter Zimmer, Dr. Klaus Weyer, and Norbert … Read the full press release
(IN BRIEF) Vossloh is set to acquire Sateba Group, enhancing its rail infrastructure capabilities and expanding its European market presence. The €450 million deal, expected to close by spring 2025, will boost Vossloh’s annual sales and align with its sustainability … Read the full press release
(IN BRIEF) Schaeffler’s TriFinity™ wheel bearing has been nominated for the Automechanika Frankfurt 2024 Innovation Award in the “Parts and Innovative Technologies” category. This unique three-row ball bearing is designed for both electric and conventional vehicles, offering reduced friction, increased … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has initiated a €5 billion program to support the wind energy sector, starting with a €500 million counter-guarantee to Deutsche Bank. This will enable Deutsche Bank to issue up to €1 billion in … Read the full press release
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Alexander von zur Muehlen, Deutsche Bank, EIB, Germany, Maroš Šefčovič, Nicola Beer, partnership, sustainability, wind energy
(IN BRIEF) Kuehne+Nagel and Mercedes-Benz have successfully reduced CO2 emissions by approximately 11,000 tonnes over the past year through the use of Sustainable Aviation Fuel (SAF) for air freight transport. This strategic partnership involves using SAF on Kuehne+Nagel’s Boeing 747-8F … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Transportation & Logistics
Tagged CO2 emissions, Heiko Schuhmacher, Jörg Burzer, Kuehne+Nagel, Mercedes-Benz, partnership, sustainability, sustainable aviation fuel
(IN BRIEF) SAP SE has announced that Executive Board Members Scott Russell and Julia White will be stepping down, effective August 31, following a mutual agreement with the SAP Supervisory Board. Scott Russell, Chief Revenue Officer, has significantly contributed to … Read the full press release
Posted in Artificial Intelligence (AI), Business, Germany, Industrial, Management, News, Technology
Tagged AI, appointment, Christian Klein, Julia White, leadership, Pekka Ala-Pietilä, SAP SE, Scott Russell, Suite Integration
(IN BRIEF) The European Investment Bank (EIB) is providing €20 million in venture debt financing to German medical technology company Protembis for the development of their “ProtEmbo” cerebral embolic protection system. This device aims to reduce the risk of brain … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Luxembourg, Management, News, Science, Technology
Tagged Brain Protection Technology, Conrad Rasmus, EIB, Germany, Heart Treatments, Karl von Mangoldt, Nicola Beer, partnership, Protembis, sustaianability
(IN BRIEF) The European Investment Bank (EIB) is providing €1 billion in loans to support the purchase of up to 90 advanced suburban trains for the Rhineland region in Germany, encompassing Cologne and Düsseldorf. These modern Alstom trains, set to … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged EIB, Germany, go.Rheinland, Michael Vogel, Nicola Beer, Oliver Wittke, partnership, Rhineland Public Transport, sustainability, trains, Verkehrsverbund Rhein-Ruhr (VRR)
(IN BRIEF) Roland Berger’s net-zero emissions reduction target has been approved by the Science Based Targets initiative (SBTi). The consultancy aims to achieve net-zero greenhouse gas emissions across its value chain by 2040, aligning with the Paris Climate Agreement. The … Read the full press release
(IN BRIEF) Henkel has launched Bonderite M CR 1405, a RoHS-compliant product that integrates metal passivation and pretreatment into a single step, enhancing efficiency and sustainability in color coating processes. This innovation reduces energy and water consumption by eliminating the … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Bonderite M CR 1405, Henkel, Metal Treatment, sustainability, Volker Mansfeld
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