(IN BRIEF) The project to revitalize Cuxhaven’s historic “Alter Fischereihafen” (Old Fishing Port) has moved forward with the approval of the first construction phase. This phase involves converting the former fish market and processing halls (Fischhallen V and VI) into … Read the full press release
Posted in Construction, Germany, News, Real Estate, Travel
Tagged Alter Fischereihafen Cuxhaven, Alter Fischereihafen Cuxhaven GmbH, blueorange Development Partner GmbH, business hotel, Co-working hotel, Cuxhaven, Cuxhaven City Council, Cuxhaven tourism, daycation, design hotel, destination North Sea, DSR Hotel Holding GmbH, family holiday, Food and Beverage, getaway, HENRI Hotel, HENRI Hotel Cuxhaven GmbH, holiday, holiday destination, hotel, hotel Cuxhaven, Karl J. Pojer, Kreissparkasse Stade and Stadtsparkasse Cuxhaven, Long-term travel, Lower Saxony, luxury hotel, Martin Pietsch, Norbert Plambeck, North Sea, Old fishing port Cuxhaven, Plambeck Holding, Plambeck Holding GmbH, Real estate project, restaurants, Spa hotel, Sparkasse Rotenburg Osterholz, TOURISM, travel, travel destination, vacation, vacation destination, vacation destination Germany, Volksbank BRAWO, Volksbank Stade-Cuxhaven, Weser-Elbe Sparkasse
(IN BRIEF) BILD, in collaboration with ElevenLabs, is expanding its podcast offerings to an English-speaking audience using AI dubbing technology. This partnership enables BILD to translate its primarily German-language podcasts into English and other languages while maintaining the original speaker’s … Read the full press release
(IN BRIEF) Energinet, Denmark’s National Electricity Transmission System Operator, has awarded Siemens Energy a comprehensive contract to expand the power grid in Western Denmark over the next eight years. With plans to construct approximately 50 new or reinforced 150 kV … Read the full press release
(IN BRIEF) Siemens Energy and Energinet, Denmark’s state-owned energy company, have entered a landmark EUR 1.4 billion framework agreement to modernize the country’s energy infrastructure. The deal focuses on expanding the electricity grid in Western Denmark through the construction of … Read the full press release
Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Denmark, Energinet, energy grid, Henrik Riis, partnership, Siemens, Siemens Energy, sustainability, Tim Holt
(IN BRIEF) Sartorius, a prominent life science group, is expanding its collaboration with NVIDIA to advance the development of new therapies by integrating NVIDIA’s AI-powered computing platforms with Sartorius’ expertise in life sciences and bioprocessing. Since 2020, Sartorius has integrated … Read the full press release
(IN BRIEF) Manchester City and PUMA have revealed the new Home kit for the 2024/2025 season, incorporating elements that pay homage to Manchester’s cultural identity. The sky-blue kit features subtle threads of “0161,” representing the city’s dialing code and its … Read the full press release
(IN BRIEF) BASF, a global leader in the chemical industry, partners with 3B Fibreglass to advance its sustainability goals by incorporating sustainably produced glass fibers into its Ultramid® A & B compound portfolio. Utilizing green electricity in production, 3B Fibreglass … Read the full press release
Posted in Belgium, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged 3B Fibreglass, BASF, Belgium, carbon footprint, Chemical Industry, Ludovic Piraux, Maximilian Lehenmeier, partnership, sustainability
(IN BRIEF) Deutsche Telekom’s upward trajectory continues as it announces a successful start to 2024. The telecom giant witnessed a 1.6 percent organic increase in net revenue, reaching €27.9 billion, with service revenues soaring by 4.1 percent to €23.5 billion. … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged Andreas Fuchs, Deutsche Telekom, Financial, investment, Tim Höttges
(IN BRIEF) Siemens AG has greenlit the sale of Innomotics, a world-leading electric motors and large drives company, to KPS Capital Partners, LP (“KPS”) for €3.5 billion. The decision to divest Innomotics aligns with Siemens’ strategic portfolio optimization efforts, providing … Read the full press release
(IN BRIEF) Siemens AG showcased a robust second-quarter performance, with revenue holding steady at €19.2 billion and orders reaching €20.5 billion, marking a 12 percent decline from the previous year. The company’s industrial software business exhibited strong growth, particularly in … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Financial, investment, Ralf P. Thomas, Roland Busch, Siemens
(IN BRIEF) BASF solidifies its commitment to the WorldSkills movement by signing a multi-year global industry partnership as the exclusive sponsor of the Car Painting category and becoming the global silver partner of the 47th WorldSkills Competition in Lyon, France. … Read the full press release
Posted in Business, Chemicals, France, Germany, Industrial, Management, Media, News, Technology
Tagged BASF, Bastien Vairé, Car Painting Skills, Chris Titmarsh, David Hoey, Glasurit, partnership, sustainability, WorldSkills Lyon 2024
(IN BRIEF) Siemens AG and Hon Hai Technology Group (Foxconn) have inked a memorandum of understanding (MoU) to spearhead digital transformation and sustainability in smart manufacturing platforms. This collaboration aims to optimize global manufacturing processes, particularly in electronics, information and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Cedrik Neike, Dr. Zhe Shi, Foxconn, partnership, Roland Busch, Siemens, smart manufacturing, sustainability, Taiwan, Young Liu
(IN BRIEF) Researchers from the Universities of Tübingen and Göttingen have uncovered potential biosignatures of early life on Earth by studying iron-sulfur minerals in hydrothermal vents, known as black smokers, deep in the ocean. These mineral formations, resembling spherical pyrite … Read the full press release
Posted in Business, Education, Environment, Financial, Germany, Industrial, Investment, Management, News, Science, Technology
Tagged black smokers, Dr. Muammar Mansor, Early Earth Bacteria, Eric Runge, Iron-Sulfur Minerals, Microbial Life, Professor Andreas Kappler, Professor Jan-Peter Duda, sustainability, University of Göttingen, University of Tübingen
(IN BRIEF) MAHLE has successfully concluded the sale of its OEM thermostat business to ADMETOS, effective May 2, 2024. Under the new ownership, the thermostat segment will operate as BTT Solutions, with ADMETOS assuming control and responsibility for approximately 600 … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged acquisition, ADMETOS, Jumana Al-Sibai, MAHLE, OEM Thermostat Business, partnership
(IN BRIEF) Henkel, a leading partner in the automotive industry for designing and developing safer and more sustainable next-generation EV batteries, is gearing up to participate in the Battery Show Europe 2024 at Messe Stuttgart from June 18 to 20, … Read the full press release
(IN BRIEF) Eviden, a business within the Atos Group specializing in advanced computing, has introduced JARVICE™ AI, a new software solution aimed at simplifying the management of AI infrastructure. JARVICE AI, an extension of Eviden’s existing JARVICE™ XE platform, offers … Read the full press release
(IN BRIEF) Dr. Tanja zu Waldeck, CEO of BurdaForward, is set to leave the company at the end of July to join TX Group as Group COO. Her departure marks a management change at BurdaForward, with Dr. Lydia Rullkötter appointed … Read the full press release
(IN BRIEF) ZF has unveiled its cutting-edge Employer Branding Metaverse, revolutionizing talent acquisition and engagement through immersive virtual experiences. This innovative platform allows candidates to explore ZF’s brand essence, corporate culture, and career opportunities in a dynamic virtual environment. Featuring … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Technology
Tagged Employer Branding Metaverse, innovative, Martin Maas, Talent Engagement, ZF
(IN BRIEF) Zalando, Europe’s leading fashion and lifestyle e-commerce platform, is restructuring its management board to align with its updated strategy focusing on two growth vectors: Business-to-Consumer (B2C) and Business-to-Business (B2B). Co-founder David Schneider transitions to a dedicated role focusing … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Financial, Germany, Industrial, Internet & Online, Investment, Management, News, Retail, Technology
Tagged appointment, Astrid Arndt, David Schneider, David Schröder, Dr. Sandra Dembeck, E-Commerce, Ecosystem Strategy, leadership, Robert Gentz, sustainability, Zalando
(IN BRIEF) Eviden, in partnership with AMD, introduces the BullSequana AI 600, a new addition to its AI product lineup designed to support developers, data scientists, and researchers in achieving breakthroughs in innovation and computation. Featuring AMD Instinct™ MI300X accelerators … Read the full press release
(IN BRIEF) Forschungszentrum Jülich and EuroHPC Joint Undertaking, in collaboration with ParTec-Eviden, unveiled the first module of the exascale supercomputer JUPITER, named JEDI, at the International Supercomputing Conference. JEDI secured the top spot in the Green500 list for its exceptional … Read the full press release
Posted in Artificial Intelligence (AI), Awards, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged AI, Awards, Emmanuel Le Roux, Energy-Efficient Supercomputing, EuroHPC, Eviden, Forschungszentrum Jülich, Germany, Green500 list, JEDI, Jupiter, ParTec AG, partnership, sustainability
(IN BRIEF) Bosch Engineering and Ligier Automotive are advancing clean energy technologies in motorsport by enhancing their hydrogen-powered demonstrator vehicle. Recent intensive testing has focused on optimizing the vehicle’s engine and overall performance for endurance and robustness, achieving impressive power, … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, News, Sports, Technology
Tagged Bosch Engineering, Dr. Johannes-Jörg Rüger, France, Hydrogen-Powered Racing Innovation, Jacques Nicolet, Ligier Automotive, partnership, sustainability
(IN BRIEF) Siemens Digital Industries Software introduces a groundbreaking program in collaboration with the University of Colorado Boulder and Pennsylvania State University to credential students and enhance career readiness in engineering fields. These industry-recognized credentials, endorsed by ABET, will supplement … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged ABET, Dora Smith, Dr. Christy Bozic, Dr. Meg Handley, Education, Engineering Talent Gap, Innovative Credential Program, Jessica Silwick, partnership, Pennsylvania State University, Siemens, sustainability, University of Colorado Boulder, USA
(IN BRIEF) Siemens, a forefront technology company, introduces new AI-powered software applications tailored for the water and wastewater industry, aiming to streamline plant operations and enhance sustainability. These self-service solutions, such as SIWA Leak Finder and SIWA Blockage Predictor, leverage … Read the full press release
(IN BRIEF) The Volkswagen ID.7 has achieved a historic milestone as the first vehicle ever to receive an overall rating of ‘very good’ with an average score of 1.5 in the rigorous ADAC vehicle test, conducted by experts from Europe’s … Read the full press release
Posted in Automotive, Awards, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged ADAC Vehicle Test, Awards, Dino Silvestro, Electric Saloon, Kai Grünitz, safety, sustainability, Volkswagen, Volkswagen ID.7
(IN BRIEF) Continental has successfully integrated a cross-domain High-Performance Computer (HPC) into a car, marking a significant advancement in software-defined vehicle (SDV) technology. This innovative car hosts not only cockpit functionalities but also critical vehicle operations such as driving safety … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Continental, Enrico Salvatori, Gilles Mabire, Jean-Francois Tarabbia, software-defined vehicle
(IN BRIEF) Adyen, a leading financial technology platform, has partnered with Cotti Coffee to support the global coffee chain’s expansion into new international markets including Canada, Australia, Japan, Singapore, and the UAE. This strategic collaboration leverages Adyen’s single-platform solution to … Read the full press release
Posted in Business, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Management, Marketing, News, Technology
Tagged Adyen, Australia, CANADA, CHINA, Cotti Coffee, customer experience, expansion, Japan, partnership, Singapore, sustainability, UAE, Warren Hayashi, Yingbo Li
(IN BRIEF) The Mercedes-Benz eCitaro G, an all-electric articulated city bus, has been named the Electric Bus Champion of 2024 after excelling in the rigorous comparison test organized by Omnibusspiegel bus magazine in Bonn. This marks the second consecutive victory … Read the full press release
(IN BRIEF) In the first quarter of 2024, Salzgitter AG reported a downturn in performance due to a sluggish economy, particularly affecting its steel-related sectors in Germany. The company achieved an EBITDA of €126.4 million and a pre-tax profit of … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, Metals and Minerals, News
Tagged Birgit Potrafki, economic, Financial, Gunnar Groebler, investment, Salzgitter AG
(IN BRIEF) At the SIMPPAR exhibition in Grasse, France, LANXESS showcased its comprehensive range of high-purity, nature-identical aroma chemicals for the first time, including innovative grades of Kalama benzyl benzoate and other developing aromatic ingredients. Featuring an array of floral, … Read the full press release
Posted in Business, Chemicals, Environment, Financial, France, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Benzyl benzoate, Dr. Michael Zobel, High-Purity Aroma Chemicals, LANXESS, Perfumery, SIMPPAR, sustainability
(IN BRIEF) In the first quarter of 2024, Energiekontor AG, a prominent German developer of wind and solar parks, significantly expanded its portfolio, commissioning two new wind parks with a combined capacity of 29 megawatts, including the Jacobsdorf wind park … Read the full press release
(IN BRIEF) SÜSS MicroTec SE introduces the XBC300 Gen2 D2W/W2W, a groundbreaking hybrid bonding platform designed for both 200 mm and 300 mm substrates, providing versatile wafer-to-wafer (W2W) and die-to-wafer (D2W) bonding capabilities. This platform is specifically tailored for semiconductor … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Dr. Robert Wanninger, Markus Ruff, partnership, semiconductor, SET Corporation SA, SÜSS MicroTec, XBC300 Gen2 D2W/W2W
(IN BRIEF) The Baltic Eagle offshore wind farm, a joint venture between Iberdrola and Masdar, has installed its first turbine, marking the beginning of the final phase of construction. This 476 MW project is set to be fully operational by … Read the full press release
Posted in Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Spain
Tagged Baltic Eagle, Baltic Eagle wind farm, Blue Tern, clean energy, Felipe Montero, Fred. Olsen Windcarrier, Husain Al Meer, Iberdrola, Masdar, Nils de Baar, renewable energy, turbine, Vestas, Wikinger, wind turbines, Windanker
(IN BRIEF) Hapag-Lloyd has partnered with IKEA Supply Chain Operations to use sustainable biofuels for container shipments from Asia, a significant move towards maritime industry decarbonization. From March 2024 to February 2025, the partnership will utilize Hapag-Lloyd’s “Ship Green 100” … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Transportation & Logistics
Tagged Danny Smolders, Dariusz Mroczek, decarbonize, Hapag-Lloyd, IKEA, maritime shipping, partnership, sustainability
(IN BRIEF) Georg Stamatelopoulos, the new CEO of EnBW, reflected on the company’s strong financial results for 2023 and affirmed the guidance for 2024 during the Annual General Meeting held virtually from Stuttgart. EnBW, which plans to invest about €40 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged Andreas Schell, EnBW, Financial, Georg Stamatelopoulos, investment, Peter Heydecker
(IN BRIEF) Steffen Hoffmann, an internationally experienced executive with a comprehensive background in finance, will become the new Chief Financial Officer of Aurubis AG on October 1, 2024. He will be succeeding Rainer Verhoeven, who announced his departure effective June … Read the full press release
Posted in Business, Germany, Industrial, Management, Metals and Minerals, News
Tagged Aurubis AG, CFO, Prof. Dr. Fritz Vahrenholt, Rainer Verhoeven, Steffen Hoffmann
(IN BRIEF) Brenntag, the global leader in chemicals and ingredients distribution, announces the expansion of its partnership with Coöperatie Koninklijke Avebe U.A. (“Royal Avebe”) to include the United Kingdom and Ireland. This extension of the distribution agreement provides Brenntag customers … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Ireland, Management, News, Technology, United Kingdom
Tagged Brenntag, Chris Hollebek, Ireland, Jerzy Jasiński, partnership, Potato Starch, protein, Royal Avebe, sustainability, UK
(IN BRIEF) During the Annual General Meeting of Hannover Rück SE, all proposed resolutions were approved. CEO Jean-Jacques Henchoz reflected on the successful financial years of the past strategy cycle, emphasizing the company’s reliability amidst challenges. Moving forward with the … Read the full press release
Posted in Business, Financial, Germany, Industrial, Insurance, Investment, Management, News
Tagged appointment, Dr. Alena Kouba, Dr. Andrea Pollak, Dr. Erhard Schipporeit, Frauke Heitmüller, Hannover Rück SE, Harald Kayser, Jean-Jacques Henchoz, leadership, Natalie Bani Ardalan, Sibylle Kempff, Supervisory Board Members, Timo Kaufmann
(IN BRIEF) Saltigo, a subsidiary of LANXESS specializing in exclusive synthesis of active ingredients and intermediates, introduces “Net Zero Custom Manufacturing” to offer sustainable production solutions to potential customers, particularly in the food and agrochemical industries. The initiative focuses on … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged "Net Zero Custom Manufacturing", LANXESS, Michael Schäfer, Saltigo, sustainable production
(IN BRIEF) FORVIA, the world’s seventh-largest automotive technology supplier resulting from the merger of Faurecia and HELLA, receives two Automotive News PACEpilot Innovation to Watch recognitions at the 2024 awards ceremony in Detroit. The accolades celebrate FORVIA’s pioneering contributions to … Read the full press release
Posted in Automotive, Awards, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Automotive News PACEpilot Innovation, Awards, Forvia, Hella, Jörg Weisgerber, Thorsten Muschal
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