Category Archives: Germany

Press Releases & News from Germany distributed via EuropaWire

Knorr-Bremse CEO Marc Llistosella’s Contract Extended for Five More Years in Recognition of Strategic Success

(IN BRIEF) Knorr-Bremse AG has announced that Marc Llistosella’s contract as CEO will be renewed for five additional years, extending his tenure until December 2030. This early renewal follows Llistosella’s successful leadership and the progress made under the BOOST 2026 … Read the full press release

Energiekontor Secures Building Permits for 220 Megawatt Wind Projects, Expanding UK Portfolio

(IN BRIEF) Energiekontor AG, a leading German developer of wind and solar parks, has secured building permits for four significant wind park projects in Scotland and Germany in January 2025. The approved projects in Scotland include three wind parks with … Read the full press release

Hapag-Lloyd and Maersk Launch Gemini Cooperation to Set New Standards in Shipping Reliability and Sustainability

(IN BRIEF) The Gemini Cooperation, a collaboration between Hapag-Lloyd and Maersk, will launch on February 1, 2025, offering an innovative hub-and-spoke network aimed at improving global shipping’s service reliability and connectivity. With around 340 vessels and a target of over … Read the full press release

BayWa Initiates StaRUG Restructuring to Finalize Financing Agreement and Secure Long-Term Transformation

(IN BRIEF) BayWa AG has reached an agreement with over 95% of its financial creditors on a long-term restructuring and financing plan, which will extend until 2027. However, a few dissenting creditors led BayWa to initiate restructuring proceedings under the … Read the full press release

Continental’s ContiTech Division Announces Restructuring and Job Cuts in Response to Declining Market Demand

(IN BRIEF) Continental’s ContiTech division is set to implement structural changes at several German locations due to declining demand in industries such as automotive and lignite mining. Around 580 jobs will be affected, with plant closures at Bad Blankenburg, Stolzenau, … Read the full press release

Borealis Partners with Tegral Materials to Expand Polyolefin Distribution Across Key European Markets

(IN BRIEF) Borealis has signed a distribution agreement with Tegral Materials, a member of the Vinmar Group, to expand its polyolefin solutions across Belgium, France, Germany, Luxembourg, and the Netherlands. The agreement will include Borealis’ full portfolio of polyethylene and … Read the full press release

IAMISIGO Honored with 2025 Zalando Visionary Award for Pioneering African Craftsmanship and Sustainable Fashion Innovation

(IN BRIEF) Zalando has announced IAMISIGO as the winner of the 2025 Zalando Visionary Award, recognizing the Nigerian brand for its innovative blend of African artisanal craftsmanship and modern textile design. Founded by Bubu Ogisi, IAMISIGO will showcase its collection … Read the full press release

Dedalus Leverages Sony BRAVIA Displays to Enhance Conference Spaces and Drive Sustainability in Healthcare Innovation

(IN BRIEF) Dedalus, a leader in healthcare software, has enhanced its conference rooms across Germany, Austria, and Switzerland by installing Sony BRAVIA 4K Professional Displays. The displays provide high-quality visuals and cloud connectivity while supporting Dedalus’ sustainability efforts with energy-efficient … Read the full press release

Infineon Technologies Predicts Gallium Nitride Will Revolutionize Energy Efficiency and Decarbonization Across Multiple Industries

(IN BRIEF) Infineon Technologies highlights the transformative potential of gallium nitride (GaN) in driving energy efficiency and decarbonization across industries such as AI, home appliances, electric vehicles, and robotics. The company anticipates rapid growth in GaN adoption, supported by its … Read the full press release

wpd Secures Long-Term Power Purchase Agreement with LyondellBasell for Licata Wind Farm in Italy

(IN BRIEF) wpd has signed a ten-year PPA with LyondellBasell for the Licata onshore wind project in Sicily. The project, featuring seven Vestas turbines, will generate 79,000 MWh annually, supporting LyondellBasell’s emissions reduction efforts. This partnership underscores LyondellBasell’s commitment to … Read the full press release

SGL Carbon Ensures Uninterrupted Supply of Natural Graphite Flakes Despite New Chinese Export Restrictions

(IN BRIEF) SGL Carbon reassures customers that its supply chain for natural graphite flakes remains robust despite new export restrictions imposed by China. With a diversified network of global suppliers and more than 50 years of experience in producing flexible … Read the full press release

Lindner’s LMD-St 320 Ceiling System Combines Innovation, Elegance, and Sustainability for Architectural Excellence

(IN BRIEF) Lindner’s LMD-St 320 expanded metal canopy ceiling offers a flexible and elegant solution for architecturally demanding projects. With customizable colours and meshes, the system meets aesthetic and functional needs, while also delivering superior acoustic performance. Designed for easy … Read the full press release

DHL Express and Cosmo Oil Collaborate on First SAF-Powered Cargo Service in Japan, Marking a Milestone for Emission Reduction

(IN BRIEF) DHL Express has signed a landmark deal with Cosmo Oil Marketing Co. Ltd. to purchase 7.2 million liters of Sustainable Aviation Fuel (SAF) annually, set to begin in April 2025. This move will mark the first SAF-powered cargo … Read the full press release

BASF Transitions European Operations to Renewable Electricity to Drive Sustainable Growth

(IN BRIEF) BASF’s Performance Materials division has completed a major sustainability milestone by transitioning all its European production sites to renewable electricity, starting in 2025. This step affects the company’s manufacturing of Engineering Plastics, Polyurethanes, Thermoplastic Polyurethanes, and Specialty Polymers. … Read the full press release

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