(IN BRIEF) SFC Energy AG announces its participation in the upcoming HANNOVER MESSE 2024, showcasing its latest innovation, the EFOY H₂PowerPack X50. This new product, boasting a cluster power output of up to 200 kW, marks a significant advancement in … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Björn Ledergerber, Dr. Peter Podesser, EFOY H₂PowerPack X50, Hannover Messe 2024, INNOVATION, SFC Energy
(IN BRIEF) Mutares SE & Co. KGaA has successfully acquired Greenview Group Holdings Ltd from Cordovan Capital Partners II LP and Michael Burke, the current CEO, marking its fourth acquisition in 2024. Greenview Group, established in 2017, specializes in mechanical … Read the full press release
(IN BRIEF) Frank Niehage will step down from his role as CEO of flatexDEGIRO Group on April 30, 2024, due to differing views on strategic development. Dr. Benon Janos, CFO, and Stephan Simmang, CTO, will take on the roles of … Read the full press release
(IN BRIEF) PUMA announces the commercial release of its RE:SUEDE 2.0 sneaker, following the successful conclusion of its two-year pilot project aimed at exploring sustainable end-of-life solutions for footwear. During the experiment, PUMA produced 500 pairs of the iconic Suede … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Germany, Industrial, Management, Marketing, News, Sports
Tagged Anne-Laure Descours, footwear, PUMA, RE:SUEDE 2.0 Sneakers, sports, sustainability
(IN BRIEF) In April 2024, Daimler Buses handed over 24 Mercedes-Benz Tourismo 15 RHD touring coaches to Autobus Oberbayern GmbH from Munich and Bus-Verkehr Berlin KG (BVB) from Berlin. Each company received 12 coaches, which will be used as team … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Security & Safety, Sports, Technology, Transportation & Logistics
Tagged Autobus Oberbayern GmbH, Berlin, Bus-Verkehr Berlin KG (BVB), Daimler Buses, European Sporting Event 2024, Mercedes-Benz Tourismo Coaches, Munich, partnership, Till Oberwörder
(IN BRIEF) Mercedes-Benz Trucks has reached a significant milestone in electric truck development, successfully charging a prototype of the eActros 600 at a groundbreaking 1,000 kilowatts during internal testing at Wörth am Rhein. This achievement marks the implementation phase of … Read the full press release
(IN BRIEF) A recent survey commissioned by Continental highlights German drivers’ perspectives on health checks and advanced driver assistance systems (ADAS). Almost two-thirds of respondents consider regular health checks a sensible means to assess fitness for driving, with significant generational … Read the full press release
(IN BRIEF) Evonik is set to showcase its latest solutions for the polyurethane industry at UTECH Europe 2024, emphasizing its commitment to sustainable innovation and deep understanding of polyurethane chemistry. Highlighting its portfolio transformation towards sustainable additive solutions based on … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Evonik, Roberto Vila-Keller, sustainability, Sustainable Additives, UTECH Europe 2024
(IN BRIEF) Knorr-Bremse AG, a global leader in braking systems and rail technologies, announces its acquisition of the conventional rail signalling technology business of Alstom Signaling North America. This strategic move marks Knorr-Bremse’s entry into the rail control, command, and … Read the full press release
(IN BRIEF) In a move to bolster global disaster relief initiatives, DHL Group announces the expansion of its GoHelp program to Europe. Building on its longstanding partnership with the United Nations, DHL Group aims to address the increasing frequency of … Read the full press release
(IN BRIEF) In the latest Connect readers’ poll, Deutsche Telekom emerged as the undisputed leader across various categories in the telecommunications sector. Garnering over 90,000 votes, Deutsche Telekom clinched top honors in mobile network operation, fixed network provision, IPTV service, … Read the full press release
Posted in Awards, Business, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged 5G network, Awards, Connect Readers' Polls, Deutsche Telekom, leadership, Niels Hafenrichter, Spring 2024
(IN BRIEF) An international research group, led by Professor Stefan Feuerriegel from LMU, is pioneering the application of causal machine learning (ML) in medical diagnostics and therapy. Published in Nature Medicine, their study asserts that causal ML has the potential … Read the full press release
(IN BRIEF) The Düsseldorf Marathon, sponsored by international energy company Uniper, is set to make a triumphant return to the city on April 27, 2025, after a hiatus of six years. With Uniper’s support and the full organizational reins taken … Read the full press release
Posted in Business, Energy, Gas & Oil, Entertainment, Financial, Germany, Government, Industrial, Investment, Management, Media, News
Tagged Burkhard Hintzsche, Dr. Stephan Keller, Düsseldorf Marathon, event, Michael Lewis, partnership, Uniper
(IN BRIEF) Daimler Truck’s latest brand, RIZON, announces the Canadian launch of its battery-electric Class 4-5 trucks, marking a significant step towards electrification in the transportation sector. With its debut at Truck World in Toronto and preorders opening in June … Read the full press release
(IN BRIEF) AIXTRON, renowned for its semiconductor deposition equipment, secures the prestigious German Innovation Award, topping the large companies’ category. Recognized for innovations driving Germany’s competitiveness and addressing global challenges, AIXTRON’s latest G10 product family heralds a new era in … Read the full press release
Posted in Awards, Germany, Industrial, Technology
Tagged AIXTRON, AIXTRON SE, Compound semiconductors, decarbonization, digitization, Dr. Felix Grawert, GaAs, Gallium Arsenide, gallium nitride, GaN, German Innovation Award, Green technology, Prof. Dr. Michael Heuken, Semiconductor industry, SIC, silicon carbide
(IN BRIEF) FORVIA HELLA introduces the RokLUME 280N SMART, a groundbreaking work lamp designed for vehicles in mining, construction, and forestry sectors. Controlled via a gateway using Powerline Communication (PLC), this versatile lighting system allows operators to customize lighting according … Read the full press release
Posted in Automotive, Germany, Industrial, Technology
Tagged automotive supplier, FORVIA HELLA, lighting system, RokLUME 280N SMART, Stefan Maierhofer, work lamp, work lighting
(IN BRIEF) DEUTZ, in celebration of its 160th anniversary, initiates the “DEUTZ Greenfield Award” aimed at students and young researchers to foster innovation in sustainable mobility within the off-highway sector. Until May 17, 2024, participants can submit their ideas for … Read the full press release
(IN BRIEF) Despite facing a challenging economic climate, the Bosch Group showcased growth and profitability in the 2023 business year. With sales reaching 91.6 billion euros and an EBIT margin from operations up by 5.3 percent year-on-year, the company is … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Bosch, economy, Financial, investment, Markus Forschner, Stefan Hartung
(IN BRIEF) Munich Re announces strategic changes to its leadership structure in Asia Pacific, Middle East & Africa (APAC MEA), aimed at bolstering its in-market Underwriting capabilities and refining its regional divisions. The revised setup will prioritize stronger local Underwriting … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Government, Industrial, Insurance, Investment, Management, News
Tagged Achim Kassow, Africa, Ajeet Phatak, appointment, Asia Pacific, Belhassen Tonat, Brian Jinzenji, CHINA, Florian Gruson, Haruka Narahashi, Hitesh Kotak, INDIA, Japan, Joachim Zagrosek, KOREA, leadership, MENA, Michael Hauer, Munich Re, Roland Eckl, Serene Chan, South-East Asia, Surbhi Goel
(IN BRIEF) General Motors (GM) has named BASF as its 2023 Supplier of the Year, marking the 17th time BASF has received this prestigious award in GM’s 32-year history of recognition programs. The award highlights BASF’s commitment to providing high-quality … Read the full press release
Posted in Automotive, Awards, Business, Chemicals, Environment, Germany, Industrial, Management, Media, News, Technology
Tagged 2023 Supplier of the Year, Awards, BASF, General Motors, Jeff Morrison, partnership, sustainability, Uta Holzenkamp
(IN BRIEF) At Hannover Messe 2024, Siemens unveils an array of cutting-edge technologies aimed at fostering sustainable transformation in the industrial sector. Among the highlights are the integration of Siemens Industrial Copilot into various industries, showcased in collaboration with partners … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Cedrik Neike, Hannover Messe 2024, Industrial Transformation, innovations, Klaus Rosenfeld, Matthias Rebellius, NVIDIA, Olaf Scholz, partnership, Rev Lebaredian, Roland Busch, Schaeffler, Siemens, sustainability
(IN BRIEF) Allianz Group has finalized the sale of its 51% stake in Allianz Saudi Fransi to Abu Dhabi National Insurance Company (ADNIC), marking a strategic move in its business operations in the Middle East. The transaction, which received regulatory … Read the full press release
(IN BRIEF) Henkel Adhesive Technologies, a global leader in adhesives, sealants, and coatings, has unveiled its innovative digital solution, the ‘Henkel Environmental Assessment Reporting Tool’ (HEART). Developed in collaboration with Henkel’s digital department and Capgemini, HEART automatically calculates the product … Read the full press release
(IN BRIEF) Siemens inaugurates the first building complex of the Siemens Technology Center (STC) at Garching Research Campus, marking a significant milestone in Germany’s technological advancement. The STC, situated alongside prestigious institutions like the Technical University of Munich (TUM), the … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged artificial intelligence, BMW, digitalization, Garching Research Campus, Markus Blume, partnership, Peter Körte, SAP, Siemens, sustainability, Technical University of Munich, Technology Center, the Fraunhofer Institutes, Thomas F. Hofmann
(IN BRIEF) BASF, a global leader in materials and chemicals, presents a co-creation partnership for automotive industry players at Chinaplas 2024, Shanghai. The initiative offers an extensive portfolio of engineering plastics combined with design, simulation, application development, and parts testing … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Business, Chemicals, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged BASF, CHINAPLAS 2024, electric motors, Material Portfolio, partnership, Shanghai
(IN BRIEF) Mercedes-Benz launches the customer testing phase for its battery-electric eActros 600, with Contargo and Remondis as the pioneering partners. The e-trucks, set to revolutionize long-distance haulage, will be utilized by Contargo for container transport between Wörth am Rhein … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged Andreas Roer, Christian Renners, Contargo, Daimler truck, e-trucks, eActros 600, Kögel Trailer GmbH, Mercedes-Benz, Michael Starke, partnership, REMONDIS, Sascha Hähnke, Stina Fagerman, sustainability
(IN BRIEF) Evotec SE announces the appointment of Aurélie Dalbiez as their new Chief People Officer (CPO), effective June 15, 2024. Joining the Management Board, Aurélie brings over 25 years of international Human Resources leadership experience, previously serving as the … Read the full press release
Posted in Business, Germany, Industrial, Management, News, Pharma & Biotech, Science, Technology
Tagged appointment, Aurélie Dalbiez, Chief People Officer, Dr Mario Polywka, Evotec, leadership
(IN BRIEF) Siemens announces the forthcoming release of the Simatic S7-1200 G2 controllers, set to debut in winter 2024, marking the first new generation of controllers in a decade. Promising enhanced motion control, flexible machine safety features, increased performance, and … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Hannover Messe 2024, Siemens, Simatic S7-1200 G2 Controllers
(IN BRIEF) The European Investment Bank (EIB) is providing a €400 million loan to Thüringer Energie AG (TEAG), a municipal energy supplier in Thuringia, Germany, to upgrade and digitize the electricity grid. This investment, totaling around €600 million, aims to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Germany, Green Energy, Grid Expansion, Nicola Beer, partnership, Stefan Reindl, sustainability, Thüringer Energie AG, Thuringia
(IN BRIEF) Nagarro, a global digital engineering leader, disclosed its audited financial figures for 2023, showcasing consistent performance with a 6.5% revenue increase year-over-year (YoY). Despite facing excess capacity due to growth moderation, the company saw revenue climb to €912.1 … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Financial, investment, Nagarro
(IN BRIEF) PUMA collaborates with the Mercedes-AMG PETRONAS F1 Team to introduce the Crews Go Summer Collection, seamlessly blending the team’s iconic identity with casual streetwear silhouettes. Each piece in the collection, from hoodies to shorts and shirts, exudes track … Read the full press release
Posted in Apparel, Fashion & Beauty, Automotive, Business, Entertainment, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, Marketing, News, Retail, Sports
Tagged Crews Go Summer Collection, Mercedes-AMG, partnership, PETRONAS F1 Team, PUMA, sports, sustainability
(IN BRIEF) MAHLE, a leading automotive supplier, marks a significant turnaround in its business trajectory with record sales of €12.8 billion in 2023, despite global challenges and rising costs. The company reports a positive group result and a notable increase … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Arnd Franz, Financial, investment, MAHLE, Markus Kapaun, sustainability
(IN BRIEF) Covestro, a leading polymer manufacturer, showcases its latest innovations at Techtextil 2024 in Frankfurt. With a focus on sustainability and productivity, Covestro presents four teams highlighting its diverse portfolio, including waterborne INSQIN® products for sustainable textile coatings, Desmomelt® … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Covestro, Innovative Textile Solutions, sustainability, Techtextil 2024, Thomas Michaelis
(IN BRIEF) Evonik is set to underscore the importance of supply security and sustainability in its amino acids portfolio at the China Feed Industry Expo 2024. With a focus on animal nutrition, the company will introduce its latest products and … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) Board of Directors approved €4.3 billion in financing for projects spanning Austria, Czech Republic, France, Germany, Hungary, Italy, Lithuania, and Slovakia. The funding will support sustainable transport, renewable energy, water and waste treatment, … Read the full press release
Posted in Austria, Banks, Business, Czech Republic, Economy, Environment, Financial, France, Germany, Government, Hungary, Industrial, Investment, Italy, Lithuania, Luxembourg, Management, News, Slovakia
Tagged Austria, Czech Republic, EIB, Europe, France, Germany, Hungary, investment, Italy, Lithuania, Nadia Calviño, partnership, Slovakia, sustainability, sustainable development
(IN BRIEF) Rheinmetall’s subsidiary, MS Motorservice International GmbH, is set to construct a cutting-edge high-bay storage facility at its Neuenstadt plant, aimed at automating the storage of Euro-pallets. The investment, equipped with advanced conveyor technology and connected to various warehouse … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged High-Bay Storage System, MS Motorservice, Neuenstadt, Rheinmetall
(IN BRIEF) Chicony Power Technology has awarded Infineon Technologies AG the prestigious title of “GaN Strategic Partner of the Year” for 2023. This recognition highlights Infineon’s outstanding contributions as a top partner in gallium nitride (GaN)-based power supplies, particularly in … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Germany, Industrial, Management, News, Technology
Tagged Adam White, Awards, Chicony Power, GaN Strategic Partner of the Year, Infineon, partnership, Peter Tseng, sustainability
(IN BRIEF) A collaborative study involving researchers from the Technical University of Munich, Bielefeld University, and the Leibniz Institute of Plant Genetics and Crop Plant Research sheds light on the genetic mechanisms underlying the detrimental effects of boron deficiency on … Read the full press release
Posted in Business, Education, Environment, Financial, Germany, Industrial, Investment, Management, News, Science, Technology
Tagged Bielefeld University, Boron Deficiency, Genetic, Leibniz Institute of Plant Genetics and Crop Plant Research, Oilseed Rape Plants, partnership, Prof. Gerd Patrick Bienert, sustainability, Technical University of Munich
(IN BRIEF) RWE, a key player in renewable energy, has commenced the construction of a new wind farm in the Rhenish lignite region, marking another milestone in the area’s energy transition. Set on recultivated land in the Inden opencast mine, … Read the full press release
(IN BRIEF) VARTA AG, amidst economic challenges exacerbated by a cyberattack on its IT systems, is reassessing its restructuring program agreed upon in July 2023. The current economic situation, marked by volatile customer purchase volumes, decreased demand for energy storage … Read the full press release
Posted in Automotive, Business, Economy, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged AuxilPartner, cyberattack, VARTA AG
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