(IN BRIEF) Continental, a leading tire manufacturer, has been advancing sustainability in the tire industry for over a century with its tire retreading program. They retread over a million truck and bus tires annually, saving resources and cutting costs. Research … Read the full press release
Posted in Automotive, Business, Environment, Germany, Industrial, Management, News, Technology
Tagged CO2 emissions, Continental, Jorge Almeida, sustainability, Tansu Isik, Tire retreading
(IN BRIEF) Siemens has recognized twelve outstanding inventors from various countries in its annual Inventors of the Year awards. These innovators have made significant contributions to fields such as artificial intelligence, sustainable power grids, railcar stability, and electric vehicle charging … Read the full press release
Posted in Awards, Business, Environment, Germany, Industrial, Management, Media, News, Technology
Tagged artificial intelligence, Awards, inventors, Inventors of the Year award, partnership, Peter Körte, Siemens, Swathi Shyam Sunder
(IN BRIEF) Deutsche Telekom celebrates a successful year of expansion with over 2.5 million new fiber connections established in 2023, reaching its ambitious targets. By year-end, eight million households across Germany will have access to fiber optic connections, with nearly … Read the full press release
(IN BRIEF) BASF has introduced Irgastab® PUR 71, an innovative anti-scorch solution designed to meet regulatory standards and deliver exceptional performance without the use of aromatic amines, addressing the limitations of conventional additives. In the manufacturing of polyurethane foams, the … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Anti-Scorch Solution, BASF, Dr. Bettina Sobotka, Irgastab® PUR 71, sustainability
(IN BRIEF) Volkswagen’s new all-electric model, the ID.7, has achieved a stellar five-star safety rating in the Euro NCAP (European New Car Assessment Programme) safety test, solidifying its position among the highest-rated models of 2023 according to the independent European … Read the full press release
Posted in Automotive, Awards, Business, Environment, Germany, Industrial, Management, News, Security & Safety, Technology
Tagged Awards, Euro NCAP test, ID.7, Safety Rating, Volkswagen
(IN BRIEF) In a significant development, the European Investment Bank (EIB) has approved a €100 million loan to support WIRO Wohnen in Rostock Wohnungsgesellschaft mbH, the municipal housing company in Rostock, Germany. This funding will aid WIRO in constructing 561 … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate
Tagged Affordable, Ambroise Fayolle, EIB, partnership, Ralf Zimlich, Rostock, sustainability, sustainable housing, WIRO
(IN BRIEF) DHL, the global logistics leader, showcased its extraordinary shipping accomplishments in 2023. These included flying manatees over 1,000 miles for rescue, shipping five locomotives from the USA to Peru, delivering a key to save a bird, transporting bobsleds … Read the full press release
Posted in Business, Germany, Industrial, Management, Transportation & Logistics
Tagged bobsleds, DHL, locomotives, logistics, manatees, pallets, parcels, plane loads, shipping, shipping containers, wind turbine blades
(IN BRIEF) The United Nations Industrial Development Organization (UNIDO) and DHL Group have partnered to combat food waste and enhance agribusiness in Africa. They signed a Memorandum of Understanding during the 28th UN Climate Change Conference, launching the “Innovation for … Read the full press release
(IN BRIEF) Infineon Technologies AG has once again secured a position in the prestigious Dow Jones Sustainability World Index, marking the 14th consecutive year of recognition for the company’s sustainability efforts. Elke Reichart, Member of the Board and Chief Digital … Read the full press release
Posted in Awards, Business, Environment, Germany, Industrial, Management, Media, News, Technology
Tagged Awards, Dow Jones Sustainability World Index, Elke Reichart, Infineon Technologies, sustainability
(IN BRIEF) The European Commission has given its approval for RWE to receive €2.6 billion in compensation for the early phase-out of its lignite-fired power plants, as mandated by the German Act to Reduce and End Coal-Fired Power Generation passed … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged Coal Phase-Out, European Commission, partnership, RWE, sustainability
(IN BRIEF) Siemens AG has revealed plans for its Annual Shareholders’ Meeting scheduled for February 8, 2024, to be held in a virtual format, following approval at the 2023 Annual Shareholders’ Meeting. The company’s Chairman of the Supervisory Board, Jim … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged digital, Financial, investment, Jim Hagemann Snabe, Roland Busch, Siemens, sustainability, transformation, Virtual Annual Shareholders’ Meeting
(IN BRIEF) Deutsche Bank has successfully completed a €450 million share buyback program announced in July 2023, repurchasing 45.5 million shares, equivalent to 2.23% of its share capital, at an average price of €9.88 per share between August and December … Read the full press release
Posted in Banks, Financial, Germany, Investment
Tagged Deutsche Bank, dividends, Share Buyback Program, share capital, shareholders, shares
(IN BRIEF) Deutsche Bank has partnered with CIMB, a major Malaysian bank, to offer Shariah custody services to clients in Malaysia, aligning with new regulatory guidelines. The collaboration aims to serve fund managers adhering to Shariah capital market guidelines. Deutsche … Read the full press release
(IN BRIEF) Continental has partnered with BMW Motorrad to provide OEM approval for their ContiRaceAttack 2 Street hypersport tires on the new BMW M 1000 XR. This collaboration marks the first-time partnership between the two premium manufacturers in the hypersport … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged BMW, BMW Motorrad, Continental, ContiRaceAttack 2 Street Tires, M 1000 XR, Malte-Lauritz Bigge, partnership
(IN BRIEF) Continental has announced a collaboration with Synopsys aimed at expediting the development and validation of software features and applications for Software-Defined Vehicles (SDV). This partnership combines Synopsys’ virtual prototyping solutions for virtual Electronic Control Units (vECU) with Continental’s … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Continental, Gilles Mabire, partnership, software development, software-defined vehicles, Synopsys, Tom De Schutter
(IN BRIEF) BioNTech, a leading biotechnology company, has formalized a multi-year strategic partnership with the State of Victoria in Australia, building upon a prior Letter of Intent established in October 2022. The collaboration aims to strengthen the local mRNA ecosystem … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Australia, BioNTainers, BioNTech, mRNA Ecosystem, partnership, Prof. Ugur Sahin, Sierk Poetting, sustainability, Victoria
(IN BRIEF) According to the Annual Retirement Study by Allianz Life Insurance Company of North America (Allianz Life), despite facing financial challenges such as market volatility, inflation, and recurring crises, most Americans are not seeking the assistance of financial professionals … Read the full press release
Posted in Business, Economy, Financial, Germany, Government, Industrial, Insurance, Investment, Management, News
Tagged Allianz, Allianz Life, Americans, Financial Professionals, Kelly LaVigne, partnership
(IN BRIEF) Bürgschaftsbank Baden-Württemberg (BBBW) and Bürgschaftsbank Nordrhein-Westfalen (BBNRW) are expanding their guarantee support for regional financial institutions aiming to provide financing to small and medium-sized enterprises (SMEs) in the German states of Baden-Württemberg and North Rhine-Westphalia. The European Investment … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Government, Industrial, Investment, Luxembourg, News, Small Business
Tagged BBBW, BBNRW, Bürgschaftsbank, European Investment Fund, Germany, Manfred Thivessen, Marjut Falkstedt, partnership, SMEs, sustainability
(IN BRIEF) Infineon Technologies AG has introduced the TDA388xx family of buck regulators, targeting a range of modern power system applications such as servers, AI, datacom, telecom, and storage markets. These regulators come in 12 A and 20 A variants … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged AI, datacom, Infineon, power system, servers, storage markets, TDA388xx Regulator Family, TELECOM
(IN BRIEF) Voith Composites has achieved a significant milestone by obtaining UNECE R 134 certification for its Type IV 700 bar and 350-liter hydrogen storage tank. This certification marks the first approval for a hydrogen tank of this size under … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Anna Pointner, Awards, Carbon4Tank, heavy-duty trucks, Large Hydrogen Tank, sustainability, UNECE R 134 Certification, Voith, zero-emission
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