(IN BRIEF) Dr. Dirk Schumacher has been appointed as the new Chief Economist of KfW Group, effective 1 April 2025. With a doctorate in economics, Schumacher brings extensive experience from his previous roles at Commerzbank, Goldman Sachs, the European Central … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany
Tagged appointment, Chief Economist, Commerzbank, Dr. Dirk Schumacher, Economic Analysis, Economics, European Central Bank, European economy, Fritzi Köhler-Geib, German economy, Goldman Sachs, KfW Group, KfW Research, macroeconomic research, Natixis, Stefan Wintels
(IN BRIEF) Siemens has launched the “Siemens for Startups” program at CES 2025, aimed at empowering early-stage engineering and manufacturing startups. The initiative provides access to Siemens’ software and hardware, helping these companies innovate, streamline development, and scale faster. In … Read the full press release
Posted in Business, Electronics & Machinery, Germany, Technology
Tagged 3D printing, AI analytics, Amazon Web Services, Arkisys, automated manufacturing, aws, AWS Activate program, AWS Startup program, business development resources, CES 2025, cloud infrastructure, design software, Dirac, engineering startups, EthonAI, failure analysis, generative AI, global network, Haddy, INNOVATION, Instrumental Technology, Manufacturing, manufacturing startups, Peter Koerte, satellite integration, Siemens, Siemens for Startups, Siemens Xcelerator, simulation, software tools, startups growth, technology, venture clienting, venture-related services
(IN BRIEF) At CES 2025 in Las Vegas, Continental will debut its innovative window projection solution, which allows content to be displayed on a vehicle’s rear side windows, visible from the outside when parked. The technology uses a mini projector … Read the full press release
(IN BRIEF) Rheinmetall has been contracted by the Ukrainian Ministry of Defense to deliver an additional 180,000 rounds of 35mm ammunition for the Gepard anti-aircraft system, with production set to begin in 2026. The high-value order, funded by Germany, will … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Ukraine
Tagged Air Defense, Ammunition, Gepard System, partnership, Rheinmetall, SECURITY, UKRAINE
(IN BRIEF) CompuGroup Medical’s governing bodies have endorsed CVC Capital Partners’ voluntary public tender offer, recommending that shareholders accept the proposed price of €22.00 per share. Following a thorough evaluation of the offer, including fairness opinions from Deutsche Bank and … Read the full press release
Posted in Business, Germany, Healthcare, Management
Tagged Administrative Board, AI technology, cloud-based software, CompuGroup Medical, CVC Capital Partners, Daniela Hommel, delisting offer, Deutsche Bank, fairness opinions, Frank Gotthardt, Gotthardt family, growth strategy, J.P. Morgan, Managing Directors, minimum acceptance threshold, Philipp von Ilberg, Prof. Dr. Daniel Gotthardt, regulatory conditions, share acceptance period, Supervisory Board, tender offer, voluntary public tender offer
(IN BRIEF) Volkswagen celebrates 50 years of the Polo, an iconic small car that has sold over 20 million units across six generations since its debut in 1975. Renowned for its affordability, quality, and innovation, the Polo has become a … Read the full press release
Posted in Automotive, Business, Germany, News
Tagged 1975 Polo L, 2025, 50 Years, Advanced Technology, affordability, affordable mobility, anniversary, Bremen Classic Motorshow, digital technology, global bestseller, hill climb Polo, historic models, INNOVATION, legacy, motorsport achievements, Polo, Quality, safety features, six generations, small car, Volkswagen, Volkswagen Classic, World Rally Championship
(IN BRIEF) DHL eCommerce and CTT Expresso have partnered to create the largest pick-up and delivery network across Spain and Portugal, aiming to handle over 1 million daily shipments and enhance e-commerce logistics for B2B and B2C markets. As part … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Internet & Online, Investment, Management, News, Portugal, Retail, Spain, Technology, Transportation & Logistics
Tagged CTT Expresso, DHL eCommerce, E-Commerce Delivery Network, Iberia, João Bento, Pablo Ciano, partnership, PORTUGAL, Spain, sustainability
(IN BRIEF) BASF, alongside partners Endress+Hauser, TechnoCompound, and the Universities of Bayreuth and Jena, is leading the SpecReK project to enhance the mechanical recycling of plastics using advanced spectroscopic technology and AI. Funded by the German Federal Ministry of Education … Read the full press release
Posted in Artificial Intelligence (AI), Business, Chemicals, Education, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Science, Technology
Tagged AI, BASF, Dr. Bernhard von Vacano, Endress+Hauser, partnership, plastic recycling, SpecReK project, sustainability, TechnoCompound, Universities of Bayreuth and Jena
(IN BRIEF) Volkswagen Group and PowerCo have partnered with Patriot Battery Metals to secure a long-term supply of lithium for EV battery production. Volkswagen is investing $48 million for a 9.9% equity stake in Patriot and has signed a 10-year … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News
Tagged CANADA, EV Battery Production, Jörg Teichmann, Ken Brinsden, Lithium Supply, partnership, Patriot Battery Metals, PowerCo, sustainability, Thomas Schmall, Volkswagen Group
(IN BRIEF) MAHLE has received the ESG Transparency Award 2024 from EUPD Research, earning the highest possible excellence rating with a score of 86% for its 2023 sustainability report. The award highlights MAHLE’s leadership in integrating transparent and forward-thinking sustainability … Read the full press release
(IN BRIEF) Henkel has partnered with the U.S. Soccer Federation in a multi-year collaboration, becoming the Presenting Partner of the Young Player of the Year Awards and Community Youth Soccer Clinics and a Supporting Partner of the Arthur M. Blank … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Investment, Management, News, Sports, Technology
Tagged Carsten Knobel, Henkel, JT Batson, partnership, sport, U.S. Soccer
(IN BRIEF) Schaeffler Vehicle Lifetime Solutions has teamed up with Kuehne+Nagel to manage a new 3,000sqm Central Logistics Center in Thailand, located near Schaeffler’s manufacturing plant in Chonburi. The center will handle kitting, goods receiving, and shipping, enhancing delivery capacity … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged automotive, David Roussiere, Germany, Kuehne+Nagel, logistics center, Micah Shepard, partnership, Schaeffler, sustainability, Switzerland, THAILAND
(IN BRIEF) Riverty has partnered with Parloa to deploy a 24/7, multilingual AI Voice Assistant for its debt collection services. The AI system is currently handling over 30% of inbound calls, with 15% of them resolved autonomously, reducing call handling … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has provided a €243 million green loan to ERG Group to support renewable energy projects in Italy, France, and Germany as part of ERG’s 2024-2026 Business Plan. The financing will fund three greenfield … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News
Tagged ERG Group, Europe, European Investment Bank, France, Gelsomina Vigliotti, Germany, Italy, Paolo Merli, partnership, renewable energy, sustainability
(IN BRIEF) Germany has adopted a national strategy for autonomous and connected driving, aiming to lead in modern mobility through Cooperative Intelligent Transport Systems (C-ITS) technology. C-ITS enables real-time communication between vehicles and infrastructure, improving traffic flow, prioritizing emergency vehicles, … Read the full press release
(IN BRIEF) 50Hertz has partnered with GE Vernova and Drydocks World to deliver the Ostwind 4 offshore grid connection, the first in the Baltic Sea to use 2 GW/525 kV direct current (DC) technology. The project will connect an offshore … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged 50Hertz, Baltic Sea, Drydocks World, GE Vernova, offshore grid, partnership, Philippe Piron, Stefan Kapferer, Sultan Ahmed Bin Sulayem, sustainability, UAE, USA
(IN BRIEF) Fresenius Medical Care (FME) has been named the top company in Boston Consulting Group’s (BCG) Gender Diversity Index Germany for 2024, rising from 29th place the previous year. The recognition, featured in Manager Magazin, acknowledges FME’s progress in … Read the full press release
(IN BRIEF) Alterric, a major renewable energy producer, has partnered with the Nordex Group to install nine N175/6.X wind turbines at the 56 MW Chalkidiki wind farm in northern Greece. This project marks the first use of Nordex’s N175/6.X turbines … Read the full press release
(IN BRIEF) Schaeffler AG, through its subsidiary Industriewerk Schaeffler INA-Ingenieurdienst GmbH, is acquiring Dhruva Automation & Controls, a Pune-based specialist in industrial automation and software solutions. With 65 employees and a strong presence in Asia-Pacific markets, Dhruva complements Schaeffler Digital … Read the full press release
(IN BRIEF) BASF has introduced Symbiocell®, a new cosmetic ingredient derived from Cestrum latifolium leaves, now approved for use in China following a successful regulatory notification. Designed to soothe sensitive skin and reduce excessive skin reactions, Symbiocell® has shown strong … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged BASF, CHINA, INNOVATION, partnership, safety, Sensitive Skin, sustainability, Symbiocell®
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