(IN BRIEF) The Spanish government has awarded Rheinmetall a contract worth approximately €208 million for the supply of 94,200 155mm artillery rounds. These rounds, to be delivered between late 2024 and late 2025 with a potential two-year extension, underscore Rheinmetall’s … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Spain, Technology
Tagged Ammunition Deal, European Artillery Market, partnership, Rheinmetall, Spain
(IN BRIEF) Nagarro, a global digital engineering leader, announced its preliminary unaudited financial numbers for the full year ending December 31, 2023. Despite achieving a revenue growth of 6.5% year-on-year, reaching €912.0 million, the company faced challenges in gross profit … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Financial, investment, Manas Human, Nagarro
(IN BRIEF) Despite facing challenging conditions in 2023, Volkswagen Group achieved robust financial results, showcasing its resilience and adaptability. With a strong focus on electrification and a flexible product strategy, the Group successfully met customers’ needs globally. The year also … Read the full press release
Posted in Automotive, Business, Economy, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Arno Antlitz, Financial, investment, Oliver Blume, sustainability, Volkswagen Group
(IN BRIEF) At the Bus2Bus 2024 event in Berlin, Daimler Buses showcased its latest advancements in electric mobility, featuring the Mercedes-Benz eCitaro fuel cell and the Setra MultiClass LE intercity bus. The eCitaro fuel cell boasts a remarkable 400-kilometre range … Read the full press release
(IN BRIEF) PNE Group secures contracts for three new wind farms totaling 26.4 MW capacity through successful bids in the Bundesnetzagentur’s round of tenders. The awarded projects include expansions in Schleswig-Holstein and Hesse, along with a new development in Brandenburg. … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Industrial, News
Tagged Bundesnetzagentur, Odensachsen, onshore wind farms, PNE group, power tender, Stuvenborn, wind energy projects, wind farms, Zinndorf
(IN BRIEF) E.ON, a major player in Europe’s energy sector, plans to increase its investments from €33 billion to €42 billion for 2024-2028, focusing on energy networks and infrastructure. The company exceeded earnings expectations in 2023, with adjusted Group EBITDA … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Technology
Tagged dividend, E.ON, Employment, energy industry, European market, financial results, growth strategy, infrastructure, investments, Leonhard Birnbaum, Marc Spieker, renewable energy
(IN BRIEF) The DHL Global Connectedness Report 2024 reveals that despite the challenges posed by the pandemic and geopolitical conflicts, globalization has reached record highs. Trade growth has been instrumental in sustaining global connectedness, with Singapore leading the list of … Read the full press release
Posted in Business, Economy, Germany, Industrial, Transportation & Logistics
Tagged Business Growth, CHINA, Deglobalization, DHL, economic resilience, Economic Trends, Europe, geopolitical tensions, globalization, Ih-Ming Chan, International Relations, John Pearson, New York University's Stern School of Business, pandemic, Regionalization, RUSSIA, Singapore, Steven Altman, trade, United States
(IN BRIEF) As the threat of quantum computers grows, rendering traditional encryption methods obsolete, researchers at the Technical University of Munich (TUM) are pioneering a new approach. Led by Professor Tobias Vogl, they’re developing quantum encryption based on the immutable … Read the full press release
Posted in Business, Education, Germany, Industrial, Management, News, Science, Technology
Tagged Antonia Wachter-Zeh, Professor Tobias Vogl, Quantum satellite, TUM
(IN BRIEF) Mercedes-Benz, in collaboration with the Fraunhofer Society, conducts the world’s first X-ray crash test using a real car at the Ernst Mach Institute in Freiburg. This groundbreaking demonstration unveils previously hidden internal deformation processes during crashes, providing valuable … Read the full press release
Posted in Automotive, Germany, Industrial, Security & Safety, Technology
Tagged Automotive safety, crash testing, Dr. Malte Kurfiß, EMI, Ernst Mach Institute, Fraunhofer-Institute for High-Speed Dynamics, INNOVATION, Markus Schäfer, Mercedes-Benz, Prof. Dr. Paul Dick, research collaboration, Technology demonstration, Vehicle collision, X-ray crash
(IN BRIEF) DHL Group’s language learning app, developed in collaboration with LinguaTV, has clinched the national World Summit Award Germany in the Learning & Education category. This recognition propels the further education initiative into contention for the global WSA Global … Read the full press release
Posted in Awards, Business, Education, Germany, Industrial, Management, Media, News, Technology, Transportation & Logistics
Tagged Award, DHL, Education Category, Employees, Language Learning App, LinguaTV, partnership, Thomas Schneider
(IN BRIEF) Nagarro, a leading digital engineering specialist, is set to participate in the Eschborn-Frankfurt cycling race for the second consecutive year. With a workforce spanning 36 countries, Nagarro’s involvement in the event reaffirms its commitment to sports, community engagement, … Read the full press release
(IN BRIEF) Leadec, an industrial services provider, is implementing a digital waste management solution at automotive plants in southern and northern Germany. This system enhances waste tracking and material flow optimization, promoting increased recycling rates and reduced disposal costs. Through … Read the full press release
Posted in Automotive, Business, Environment, Germany, Industrial, Management, Security & Safety, Technology
Tagged Alexander Bonk, Automotive Manufacturer, Digital Solution, Digital Waste Tracking, Germany, IoT-optimized waste management, Leadec, Leadec IoT platform, recycling, tracking of waste, waste management, waste management system
(IN BRIEF) Infineon Technologies AG launches the new CoolSiC™ MOSFETs 2000 V in the TO-247PLUS-4-HCC package, addressing the growing demand among designers for increased power density while maintaining system reliability in high voltage and switching frequency conditions. These MOSFETs offer … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged CoolSiC™ MOSFETs 2000 V, high voltage systems, Infineon, Power Density
(IN BRIEF) wpd, a leading developer of onshore wind energy projects in Europe, has achieved significant milestones in Sweden and Finland. In Sweden, they’ve commissioned the Stöllsäterberget wind farm and secured contracts for future projects. In Finland, wpd is progressing … Read the full press release
Posted in Energy, Gas & Oil, Finland, Germany, Industrial, Infrastructure & Utilities, Sweden
Tagged Dalarna, Finland, Green Energy, Lapland, Maaselänkangas wind farm, onshore wind energy, Oulainen, Palovaara, Paul Bade, Råliden wind farm, renewable energies, Ripfjället, Söderskogen, Stöllsäterberget wind farm, Sweden, Tomasliden, Värmland, Västerbotten, wind farm infrastructure, WPD, wpd Scandinavia, wpd Suomi, wpd Suomi Oy
(IN BRIEF) Evonik introduces the Evonik Skin Institute, a global network of life science experts and labs aimed at bolstering support for claim-substantiated cosmetics. This initiative merges Evonik’s advanced biotech platform with a global network of evaluation labs, enhancing customer … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Science, Technology
Tagged cosmetics, Evonik, Jennifer Bourland, Skin Institute, Yann d'Hervé
(IN BRIEF) Bechtle introduces Location Rotation programme, allowing employees to work from different company sites across Europe for short periods. The initiative promotes interdisciplinary collaboration, personal growth, and cultural exchange while enabling staff to maintain their usual tasks. Inspired by … Read the full press release
Posted in Business, Germany, Management, Society, Technology
Tagged Bechtle, Campus Founders Heilbronn, Corporate Campus Challenge, cultural exchange, Employees, interdisciplinary collaboration, IT company, language skills, Leopold Stoll, Location Rotation programme, personal growth, strengthening international networks, Verena Eberler
(IN BRIEF) thyssenkrupp Veerhaven, the Dutch logistics subsidiary of thyssenkrupp Steel Europe, is embarking on a groundbreaking initiative to design and commission climate-friendly pusher tugs for its fleet renewal. These innovative vessels, fueled by methanol and optimized for low-water capabilities, … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Metals and Minerals, Netherlands, News, Transportation & Logistics
Tagged climate-friendly, decarbonization, Frank Tazelaar, partnership, Rotterdam, Steel Supply Chain, sustainability, ThyssenKrupp, thyssenkrupp Veerhaven
(IN BRIEF) DHL Global Forwarding has initiated a pro bono logistics partnership with German NGO kinderherzen, facilitating the transportation of the world’s first mobile heart clinic for infants to various countries globally. The mobile clinic, starting its journey in El … Read the full press release
Posted in Business, Environment, Financial, Germany, Healthcare, Industrial, Investment, Management, News, Non Profit, Technology, Transportation & Logistics
Tagged Anja Schlarb, DHL Global Forwarding, Dr. Andreas E. Urban, El Salvador, humanitarian, Infants, kinderherzen, medical care, Mobile Heart Clinic, partnership, sustainability, Tim Scharwath
(IN BRIEF) The European Investment Bank (EIB) collaborates with NRW.BANK to allocate a €200 million framework loan aimed at facilitating the expansion and enhancement of refugee housing facilities in North Rhine-Westphalia, the most populous German state. This initiative involves constructing, … Read the full press release
(IN BRIEF) Burda, a leading media and tech company, collaborates with Klim, an agritech firm, to champion regenerative farming practices aimed at combating climate change and biodiversity loss. Through financial support and expertise provided by Klim’s digital platform, Burda amplifies … Read the full press release
(IN BRIEF) Boehringer Ingelheim and Sosei Group Corporation (Sosei Heptares) have unveiled a global collaboration and exclusive option-to-license agreement aimed at advancing the development and commercialization of Sosei Heptares’ portfolio of first-in-class GPR52 agonists. The focus of this collaboration lies … Read the full press release
Posted in Business, Education, Environment, Financial, Germany, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Security & Safety, Technology
Tagged Boehringer Ingelheim, GPR52 agonists, Hugh Marston, Matt Barnes, mental health, partnership, schizophrenia, Sosei Heptares, sustainability, treatment
(IN BRIEF) American Rheinmetall Vehicles, in collaboration with Rheinmetall Canada, conducted a live-fire demonstration for the U.S. Marine Corps (USMC) showcasing the capabilities of the Rheinmetall Mission Master SP autonomous, unmanned ground vehicle (A-UGV) equipped with the Fieldranger Remotely Controlled … Read the full press release
(IN BRIEF) Continental’s PremiumContact 7 summer tire has achieved an exemplary top rating in the latest test conducted by the German trade magazine Auto Bild. Out of 54 other summer tire models tested on a VW Golf VIII, the PremiumContact … Read the full press release
Posted in Automotive, Awards, Business, Environment, Germany, Industrial, Management, News, Security & Safety, Technology
Tagged Auto Bild, Awards, Continental, Philipp Mendelski, PremiumContact 7, safety, Summer Tire Test, sustainability
(IN BRIEF) Vestas has secured a firm order from Thyborøn-Harboøre Vindmøllelaug I/S af 2002 for a V236-15.0 MW wind turbine to be installed directly on the waterfront in the Port of Thyborøn, Denmark. The order includes supply, delivery, commissioning, and … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Denmark, Jens Jørgen Birch, Nils de Baar, partnership, sustainability, Thyborøn Port, V236-15.0 MW Wind Turbine, Vestas
(IN BRIEF) RWE has been awarded the tender for the Kail wind farm in the Cochem-Zell district, Rhineland-Palatinate, in a recent auction by the Federal Network Agency. With three wind turbines totaling 12.9 MW capacity set to be erected near … Read the full press release
(IN BRIEF) Siemens celebrates its 125th year on the stock exchange, tracing back to its historic debut on the Berlin Stock Exchange on March 8, 1899. Established as a small workshop in Berlin in 1847, Siemens quickly evolved into an … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged 125th Anniversary, Berlin Stock Exchange, Ralf P. Thomas, Siemens, Stock Market Debut
(IN BRIEF) Mercedes-Benz launches its “Be one of many” campaign on International Women’s Day, showcasing three inspirational women from diverse backgrounds who have excelled in traditionally male-dominated fields. Aya Jaff, Dalad Kambhu, and Alexandra Straßburger share their stories of perseverance … Read the full press release
Posted in Automotive, Awards, Business, Germany, Industrial, Management, Marketing, Media, News, Society
Tagged "Be one of many" Campaign, Alexandra Straßburger, Awards, Aya Jaff, Bettina Fetzer, Dalad Kambhu, diversity, genter equality, International Women's Day, leadership, Mercedes-Benz, Sabine Kohleisen, society, women empowerment
(IN BRIEF) Airbus has revealed its latest innovation, the CityAirbus NextGen prototype, signaling a significant advancement in the realm of Advanced Air Mobility (AAM). The fully electric aircraft, designed for urban operations, boasts a two-tonne class and an impressive 80 … Read the full press release
Posted in Aviation & Aerospace, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged air mobility, Airbus, Balkiz Sarihan, CityAirbus NextGen Prototype
(IN BRIEF) Bechtle achieves HP Global Power Elite Partner status, the highest partnership recognition, solidifying its position among top HP partners worldwide. The status applies globally, highlighting the longstanding collaboration between the two companies. HP’s designation recognizes exceptional sales, international … Read the full press release
Posted in Business, Germany, Industrial, Technology
Tagged Bechtle, Dave McQuarrie, HP Amplify Program, HP Global Power Elite Partner, HP Inc., HP partners, Konstantin Ebert
(IN BRIEF) Fresenius Management SE has extended Sara Hennicken’s term as Chief Financial Officer (CFO) until 2027, two years earlier than planned, to ensure continuity in advancing the #FutureFresenius strategy. Hennicken, who joined Fresenius in 2019, has been instrumental in … Read the full press release
Posted in Business, Financial, Germany, Healthcare, Industrial, Management, Pharma & Biotech, Technology
Tagged #FutureFresenius, CFO, Chief Financial Officer, Deutsche Bank, finance, Fresenius, Fresenius Helios, Fresenius Kabi, Fresenius Management SE, Fresenius Medical Care, Sara Hennicken, Supervisory Board, transparency, Wolfgang Kirsch
(IN BRIEF) Fresenius Medical Care, a leading provider of products and services for renal diseases, celebrates International Women’s Day by honoring three exceptional employees for their outstanding achievements. Ana Catalina Alvarez Elias, a Research Scientist, has been recognized as an … Read the full press release
Posted in Awards, Germany, Healthcare, Society
Tagged 2024 Women MAKE Awards, Ana Catalina Alvarez Elias, Awards, Fresenius Kidney Care, Fresenius Medica Care, Germany, Greensboro, Inclusion, International Society of Nephrology, International Women’s Day, June Thompson, kidney health initiatives, National Kidney Foundation, Patricia Rapps, Product Family hemodialysis, Renal Dietician Award, renal diseases, Schweinfurt, Schweinfurter Tagblatt, USA, young women
(IN BRIEF) E.ON has received a funding commitment of €2.3 million from the state of North Rhine-Westphalia (NRW) in Germany for the construction of a hydrogen filling station in Essen’s city harbor. This milestone project aims to strengthen hydrogen mobility … Read the full press release
(IN BRIEF) Deutsche Telekom Group announces an expanded partnership with Netflix, offering customers in multiple European countries an enhanced entertainment experience. Beginning with Hrvatski Telekom in Croatia and Magyar Telekom in Hungary, Deutsche Telekom’s subsidiaries will integrate Netflix into their … Read the full press release
Posted in Business, Croatia, Entertainment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged CROATIA, Deutsche Telekom, Dominique Leroy, Emma Lloyd, entertainment, Europe, Hrvatski Telekom, Hungary, Magyar Telekom, Netflix, partnership
(IN BRIEF) Deutsche Telekom introduces its secure generative AI solution, Business GPT, to UKA Group, a leading renewable energy project developer, marking its debut as a Business GPT customer. Hosted on Telekom’s cloud environments in Europe, the solution ensures compliance … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology, Telecom
Tagged Christian Schmidt, Deutsche Telekom, Generative AI Solution, Joseph Williams, Klaus Werner, partnership, UKA Group
(IN BRIEF) Viasat, in partnership with Deutsche Telekom, has expanded its ground network for the European Aviation Network (EAN) to bolster in-flight broadband service in the Eastern Mediterranean Sea region. This expansion, featuring three new ground stations, complements over 300 … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Germany, Government, Greece, Industrial, Investment, Management, News, Technology, Telecom, Travel
Tagged Aegean Airlines, Anne Geelen, Deutsche Telekom, Dimitris Gerogiannis, Greece, in-flight connectivity, partnership, Rolf Nafziger, Shameem Hashmi, sustainability, USA, Viasat
(IN BRIEF) nepes Corporation, a leading global provider of Outsourced Semiconductor Assembly and Test (OSAT) services, has expanded its IC packaging capabilities for the 3D-IC era by adopting advanced design solutions from Siemens EDA. Leveraging Siemens’ industry-leading technologies, including the … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged 3D-IC Era, AJ Incorvaia, Brad Seo, Design Solutions, IC Packaging, nepes Corporation, partnership, Siemens, South Korea
(IN BRIEF) Fresenius Kabi announces FDA approval of Tyenne® (tocilizumab-aazg), the first tocilizumab biosimilar offering both IV and subcutaneous formulations. This marks a significant milestone in the company’s growth strategy (#FutureFresenius) and expands treatment options for inflammatory, autoimmune diseases, and … Read the full press release
Posted in Business, Germany, Healthcare, Pharma & Biotech
Tagged #FutureFresenius, Actemra®, autoimmune diseases, Biosimilar, Cancer, cancer treatment, FDA, Food and Drug Administration, Fresenius Kabi, Genentech, Idacio®, inflammatory, inflammatory diseases, IV, IV formulation, Stimufend®, Subcutaneous formulation, subcutaneous tocilizumab biosimilar, tocilizumab, tocilizumab biosimilar, tocilizumab-aazg, Tyenne®
(IN BRIEF) In 2023, Brenntag reported solid financial results despite market challenges, with sales declining by 11.0% due to lower prices and volumes. Operating gross profit reached 4,041.8 million EUR (-3.7%), and operating EBITA stood at 1,265.0 million EUR (-13.1%), … Read the full press release
Posted in Business, Chemicals, Financial, Germany, Industrial, Management
Tagged Brenntag, Brenntag Essentials, Brenntag Essentials showed a resilient performance according to expectations. Especially the North America segment achieved a positive result, Brenntag Specialties, chemicals, Christian Kohlpaintner, dividend, eaarnings, Earnings per share, financial performance, financial results, Free cash flow, Guidance 2024, ingredients distribution, Kristin Neumann, operating EBITA, Operating gross profit, Outlook & Guidance 2024, partly compensating the de
(IN BRIEF) Allianz Trade has introduced Allianz Trade Pay, a suite of services tailored to the needs of B2B e-commerce activities. This new offering encompasses various solutions, including trade credit insurance, fraud protection, digital buyer onboarding, and instant financing through … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Insurance, Internet & Online, Investment, Management, News, Technology
Tagged Allianz Trade, Allianz Trade Pay, B2B E-commerce, Financial, François Burtin, payment solutions
(IN BRIEF) The Supervisory Board of Allianz SE has prolonged the mandates of Sirma Boshnakova and Günther Thallinger, members of the Board of Management, until December 2029, pending regulatory approvals. Boshnakova oversees the Group’s insurance operations in Western & Southern … Read the full press release
Posted in Business, Financial, Germany, Industrial, Insurance, Investment, Management, News
Tagged Allianz SE, appointment, Board Members, Günther Thallinger, leadership, Michael Diekmann, Oliver Bäte, Sirma Boshnakova
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
