Category Archives: Germany

Press Releases & News from Germany distributed via EuropaWire

Quinbrook Closes $722M Financing Deal for Supernode Battery Storage Project in Queensland

(IN BRIEF) Quinbrook Infrastructure Partners has secured a $722 million AUD debt financing deal for Stages 1 and 2 of its Supernode battery energy storage system (BESS) project in Queensland, Australia. Deutsche Bank played a key role in arranging the … Read the full press release

Deutsche Telekom Strengthens Leadership with Tim Höttges’ Extended CEO Role and Key Executive Appointments

(IN BRIEF) Deutsche Telekom has announced the extension of Tim Höttges’ CEO contract until the end of 2028, ensuring leadership continuity. Additionally, Srini Gopalan will become the new COO of T-Mobile US, and Rodrigo Diehl, CEO of Magenta Telekom, will … Read the full press release

International Money Laundering Operation Unraveled with 23 Arrests and Seizures Across Europe

(IN BRIEF) An international investigation led to the arrest of 23 individuals involved in a large-scale money laundering scheme that helped criminals launder approximately EUR 100 million. The group, operating across several countries including Spain, Cyprus, and Germany, used both … Read the full press release

Infineon Launches OPTIGA Connect Consumer OC1230, the World’s Smallest GSMA-Compliant eSIM Solution for Consumer Devices

(IN BRIEF) Infineon Technologies AG has launched the OPTIGA™ Connect Consumer OC1230, a cutting-edge eSIM solution designed to reduce energy consumption by 50% compared to existing models, extending battery life while maintaining high performance. This compact, GSMA-compliant eSIM is ideal … Read the full press release

KfW Reports Modest Growth in Corporate Lending in Q3 2024, but Recovery Faces Challenges

(IN BRIEF) Corporate loans in Germany grew by 1.6% in the third quarter of 2024, marking the first increase in two years, driven primarily by falling interest rates. However, the recovery is expected to slow down due to the challenging … Read the full press release

Technical University of Munich Study Reveals Germany’s 15-Year-Olds Lack Confidence in Evaluating Online Information

(IN BRIEF) An analysis of Germany’s 2022 PISA study reveals that while the majority of 15-year-olds feel confident about conducting online searches, they struggle with evaluating the quality and reliability of the information they find. Fewer than half of the … Read the full press release

Schmalz Enhances JumboFlex Vacuum Tube Lifter for Improved Ergonomics and Efficiency in Heavy Lifting Tasks

(IN BRIEF) The redesigned JumboFlex vacuum tube lifter from Schmalz enhances ergonomic design, making it more efficient and comfortable for a broader range of users. With a new control handle that accommodates different hand sizes, it reduces worker fatigue and … Read the full press release

thyssenkrupp Steel Unveils Advanced Annealing and Isolating Line in Bochum to Support Electric Mobility Growth

(IN BRIEF) thyssenkrupp Steel has completed a key investment in its Bochum facility with the opening of a new annealing and isolating line, marking a major step in its strategy to produce high-tech electrical steel for electric vehicles and energy-efficient … Read the full press release

Continental Tires’ Korbach Plant Earns ISCC PLUS Certification in Sustainability Milestone

(IN BRIEF) Continental Tires’ Korbach plant has achieved ISCC PLUS sustainability certification, confirming the company’s commitment to using renewable and recycled materials in its tire production. This certification ensures traceability of sustainable materials throughout the production process. The plant joins … Read the full press release

France and Germany Take Key Step Forward in MGCS Tank Replacement Project

(IN BRIEF) On January 23, 2025, in Paris, representatives from KNDS Deutschland, KNDS France, Rheinmetall Landsysteme, and Thales signed a shareholder agreement for the MGCS Project Company GmbH. This agreement is a major step forward in the MGCS program, which … Read the full press release

Evonik and Oerlikon Barmag Join Forces to Advance Chemical Recycling of PET Waste

(IN BRIEF) Evonik and Oerlikon Barmag have formed a partnership to develop innovative chemical recycling solutions for Polyethylene terephthalate (PET) waste. The collaboration focuses on creating efficient processes for PET depolymerisation and purification, aiming to boost recycling rates from contaminated … Read the full press release

Evonik and Fuhua Launch Joint Venture in China to Produce Specialty Hydrogen Peroxide for Key Industries

(IN BRIEF) Evonik and Fuhua Tongda Chemicals have formed a joint venture in Leshan, China, to produce specialty hydrogen peroxide (H2O2) for industries like solar panels, semiconductors, and food packaging. With Evonik holding a 51% stake, the venture aims to … Read the full press release

DAAD Unveils Strategy 2030 to Navigate Geopolitical Shifts and Strengthen Germany’s Role in Global Academia

(IN BRIEF) The German Academic Exchange Service (DAAD) has launched its Strategy 2030 to address significant geopolitical changes and strengthen Germany’s position as a leader in global academia. The strategy focuses on four key priorities: enhancing Germany’s role in science, … Read the full press release

Fresenius and Microsoft Sign Landmark Five-Year Global Agreement to Enhance IT Collaboration and Security

(IN BRIEF) Fresenius has signed a five-year global contract with Microsoft to enhance IT collaboration and security for its global workforce. Beginning in June 2025, the agreement will include tools such as Microsoft Defender, Microsoft 365, SharePoint, OneDrive, and Microsoft … Read the full press release

Nagarro Sets Optimistic Financial Outlook for 2025, Focusing on Growth and Shareholder Value

(IN BRIEF) Nagarro has issued its financial guidance for 2025, projecting revenues between €1,020 million and €1,080 million, with a gross margin of around 30% and an adjusted EBITDA margin of 14.5% to 15.5%. CEO Manas Human expressed confidence in … Read the full press release

Yonsei University, Zymedi, and Evotec Awarded US$ 4.5 Million Grant for Novel Lung Disease Therapies

(IN BRIEF) Evotec, Yonsei University, and Zymedi have been awarded a US$ 4.5 million grant from the Korea Institute of Advanced Technology (KIAT) to develop first-in-class biologic therapies for lung diseases, specifically asthma and idiopathic pulmonary fibrosis (IPF). The project … Read the full press release

Knorr-Bremse Finalizes Sale of GT Emissions Systems to Rcapital Partners as Part of Ongoing Portfolio Optimization

(IN BRIEF) Knorr-Bremse has completed the sale of its subsidiary, GT Emissions Systems, to UK-based Rcapital Partners, marking a key milestone in the company’s portfolio optimization efforts. GT Emissions Systems specializes in emission control systems for diesel engines and has … Read the full press release

Naked Receives USD 4 Million Investment from DEG to Expand South Africa’s Digital Insurance Landscape

(IN BRIEF) Naked, South Africa’s fully digital insurance platform, has secured a USD 4 million equity investment from DEG to further its growth by enhancing automation, expanding its product offerings, and attracting more customers through targeted advertising. This is part … Read the full press release

Emerging Markets Climate Action Fund Secures €450 Million, Paving the Way for Major Climate Investments in Developing Countries

(IN BRIEF) The Emerging Markets Climate Action Fund (EMCAF), a partnership between the European Investment Bank (EIB) and Allianz Global Investors, has reached a closing total of €450 million with the final €20 million contribution from Germany’s Kreditanstalt für Wiederaufbau … Read the full press release

NBCo debütiert in Davos – Pionierarbeit für eine Zukunft, in der Verpackungen einfach verschwinden

(IN KÜRZE) NBCo, ein Unternehmen, das sich auf nachhaltige Verpackungslösungen konzentriert, stellte seine innovative faserbasierte Flasche auf dem Weltwirtschaftsforum 2025 in Davos vor. Dieses neue Produkt soll herkömmliche Kunststoffverpackungen ersetzen und verwendet Materialien wie Bambus, Miscanthus und landwirtschaftliche Abfälle. NBCo … Read the full press release