(IN BRIEF) RWE has successfully secured two offshore wind sites in the German North Sea, N-9.1 and N-9.2, with a total capacity of 4 gigawatts, during a recent federal auction. The company will pay €250 million for these sites, located … Read the full press release
(IN BRIEF) Outokumpu is advancing its entry into the metal powder market for additive manufacturing, transitioning to commercial production after a successful pilot year at its Krefeld facility in Germany. The company aims to produce up to 330 tons of … Read the full press release
Posted in Business, Environment, Financial, Finland, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News
Tagged Germany, Marten Franz, Metal Powder Production, Outokumpu, partnership, sustainability
(IN BRIEF) Schaeffler is expanding its global electric vehicle charging infrastructure by adding 5,000 new charging points by 2030, with 3,000 in Europe. This initiative is part of the company’s sustainability program. Pilot projects have started at Herzogenaurach and Schweinfurt … Read the full press release
(IN BRIEF) Vestas has secured two new wind turbine orders in Germany, totaling 58 MW. Both projects, WP Brand (36 MW) and WP Lautertal (22 MW), are with Uhl Windkraft and will feature V172-7.2 MW turbines. The projects are scheduled … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Germany, partnership, sustainability, Uhl Windkraft, Vestas, WP Lautertal
(IN BRIEF) Deutsche Telekom has launched a powerful new campaign as part of its “No Hate Speech” initiative, aimed at raising awareness about the dangers of disinformation. The campaign uses striking imagery to show how false information spreads rapidly like … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, Marketing, Media, News, Technology, Telecom
Tagged campaign, Christian Hahn, Dennis May, Deutsche Telekom, disinformation, marketing, No hate speech, Nora Fingscheidt
(IN BRIEF) Vitesco Technologies has utilized Infineon Technologies’ CoolGaN™ Transistors to significantly enhance the efficiency and performance of its next-generation DC-DC converters, which are crucial in electric and hybrid vehicles. These converters connect high-voltage batteries to low-voltage circuits and are … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged CoolGaN™ Technology, DC-DC Converter, Infineon, Johannes Schoiswohl, partnership, Vitesco Technologies
(IN BRIEF) Rheinmetall has secured a contract with the Ukrainian Ministry of Defence to deliver eight additional Forward Surgical Team stations, enhancing Ukraine’s medical response capabilities on the front lines. The order, valued in the mid-double-digit million-euro range, is part … Read the full press release
(IN BRIEF) MAHLE Aftermarket will present its comprehensive range of workshop solutions at Automechanika 2024, focusing on electrification and thermal management. Key highlights include the TechPRO® 2 diagnostic tool with remote capabilities, the expanded BatteryPRO product line, and a new … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, Marketing, Media, News, Technology
Tagged Automechanika 2024, MAHLE, MAHLE Aftermarket, Philipp Grosse Kleimann, technologies, Workshop Solutions
(IN BRIEF) Deutsche Telekom’s IoT subsidiary has joined the Bridge Alliance, enhancing global IoT connectivity and simplifying international operations for businesses. This partnership, the first of its kind for a European telecommunications company, allows for seamless IoT integration across Europe … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom
Tagged APAC, Bridge Alliance, Dennis Nikles, Deutsche Telekom, IoT connectivity, partnership
(IN BRIEF) The Supervisory Board’s decisions reflect Siemens’ commitment to accelerating its strategic initiatives and driving significant value creation. With these leadership changes, Siemens is well-positioned to continue its growth trajectory and support its customers’ transformation journeys. For more information, … Read the full press release
Posted in Business, Environment, Germany, Industrial, Investment, Management, News, Technology
Tagged appointment, Cedrik Neike, digital, Jim Hagemann Snabe, leadership, Peter Koerte, Roland Busch, Siemens AG, sustainable, transformation, Veronika Bienert
(IN BRIEF) Siemens has announced major enhancements to its Sinumerik 828D CNC controller at AMB Stuttgart, introducing new processor units and a redesigned MCP. These upgrades aim to increase productivity, sustainability, and efficiency, featuring advanced connectivity, improved cybersecurity, and digital … Read the full press release
(IN BRIEF) SUSS MicroTec SE reported strong financial results for the first half of 2024, with a high order book of €450 million and a significant 45.6% increase in sales to €192.8 million. The Q2 sales reached €99.3 million, driven … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Burkhardt Frick, Dr. Cornelia Ballwiesser, Dr. Thomas Rohe, Financial, investment, SÜSS MicroTec
(IN BRIEF) PVA TePla has partnered with Scientific Visual, acquiring a 25% stake to enhance its silicon carbide quality control capabilities. This collaboration aims to improve the inspection and production yield of silicon carbide crystals, meeting the growing global demand … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News, Switzerland, Technology
Tagged acquisition, Dr. Ivan Orlov, Jalin Ketter, partnership, PVA TePla, quality control, Scientific Visual, silicon carbide crystals, sustainability, Switzerland
(IN BRIEF) Porsche has introduced a new battery storage system at its Leipzig plant, repurposing used Taycan batteries to create a sustainable energy solution. The system, part of Porsche’s “Second Life” initiative, will enhance the plant’s energy efficiency, contribute to … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Albrecht Reimold, Alwin Schmid, battery storage system, innovative, Leipzig Plant, partnership, Porsche, sustainability, Taycan batteries
(IN BRIEF) JOST will present its latest innovations at Lastbil 2024, including the KKS automatic coupling system, King Pin Finder, and intelligent axle systems. These products address critical industry issues like driver shortages and sustainability, showcasing JOST’s commitment to enhancing … Read the full press release
(IN BRIEF) Logicor has obtained a building permit to redevelop a former department store site in Neuss, Germany, into a modern business park. The 25,740 sqm site will feature 12 adaptable units to attract various businesses, enhancing the area’s economic … Read the full press release
(IN BRIEF) Voith and HADAG Seetouristik und Fährdienst AG have commissioned the first of three type 2030 hybrid ferries for the Port of Hamburg. The ferry, featuring advanced electric Voith Schneider Propellers (eVSPs) and an optimized hull design, promises reduced … Read the full press release
Posted in Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged electric Voith Schneider Propellers (eVSPs), ELIN Motoren, HADAG Seetouristik und Fährdienst AG, Hybrid Ferry Electrification, Oliver Lenz, partnership, sustainability, Voith
(IN BRIEF) NORMA Group has secured a contract to supply V-band clamps for a German energy storage facility, supporting the cooling system of large stationary batteries. The contract, valued at EUR 2.4 million, spans from 2024 to 2028, providing between … Read the full press release
Posted in Business, Electronics & Machinery, Energy, Gas & Oil, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, United Kingdom
Tagged Energy Storage Facility, Germany, Guido Grandi, Norma Group, partnership, UK, V-band clamps
(IN BRIEF) Continental is evaluating a spin-off of its Automotive group sector to create two independent companies, aiming to unlock greater value and growth potential. A decision is expected in late 2024, with the spin-off planned for completion by the … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News
Tagged appointment, Automotive Group, Continental, leadership, Nikolai Setzer, Prof. Dr.-Ing. Wolfgang Reitzle
(IN BRIEF) Evonik’s MACBETH project marks a revolutionary advancement in the chemical industry. The team, led by Robert Franke, installed a demonstration plant at the Marl Chemical Park, showcasing innovative research cast in steel and iron. This project highlights significant … Read the full press release
Posted in Business, Chemicals, Financial, Germany, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Chemical Industry, Evonik, INNOVATION, MACBETH Project, Robert Franke
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