Category Archives: Germany

Press Releases & News from Germany distributed via EuropaWire

Schaeffler AG Strengthens Leadership Team to Drive E-Mobility Growth Amid Vitesco Merger

(IN BRIEF) Schaeffler AG has made strategic appointments to its Executive Board as part of its preparation for a merger with Vitesco Technologies. Thomas Stierle, previously with Vitesco, will lead Schaeffler’s new E-Mobility division starting in October 2024. Dr. Jochen … Read the full press release

Deutsche Bank Recognized as Best FX Bank in Asia Pacific and Western Europe by Euromoney

(IN BRIEF) Deutsche Bank has been recognized as the best bank for foreign exchange (FX) services in both Asia Pacific and Western Europe by Euromoney. The award, part of Euromoney’s prestigious Foreign Exchange Survey, highlights Deutsche Bank’s ability to innovate … Read the full press release

Deutsche Bank Supports China’s €2 Billion Sovereign Bond Return to Euro Market

(IN BRIEF) Deutsche Bank has played a key role in helping China’s Ministry of Finance issue €2 billion in international sovereign bonds, marking China’s return to the euro bond market since 2021. The dual-tranche offering, which included three- and seven-year … Read the full press release

Fresenius Kabi and Formycon Receive European Approval for Ustekinumab Biosimilar FYB202

(IN BRIEF) Fresenius Kabi, in collaboration with Formycon, has received approval from the European Commission (EC) for FYB202, a biosimilar of ustekinumab (marketed as Stelara® by Johnson & Johnson). This biosimilar is approved for the treatment of serious inflammatory diseases. … Read the full press release

Fresenius Kabi’s Ustekinumab Biosimilar Otulfi® Secures European Approval for Treating Inflammatory Diseases

(IN BRIEF) Fresenius Kabi, in partnership with Formycon AG, has received European Commission approval for Otulfi®, a biosimilar of ustekinumab. This new product, authorized for both subcutaneous and intravenous formulations, will treat inflammatory conditions such as Crohn’s disease, plaque psoriasis, … Read the full press release

Dürr Revolutionizes Battery Production with the Launch of GigaCoater™ for Faster, Cost-Efficient Coating

(IN BRIEF) Dürr has launched the GigaCoater™, a cutting-edge machine designed for simultaneous two-sided coating of battery electrodes. It offers faster speeds, larger substrate capabilities, and significant cost savings, enhancing both quality and efficiency in battery production. The GigaCoater™ expands … Read the full press release

HENSOLDT Celebrates 20 Years of Rapid Eurofighter Support with Technical Diagnostic Cell in Laage

(IN BRIEF) HENSOLDT’s Technical Diagnostic Cell (TDC) in Laage, Germany, celebrates 20 years of maintaining the German Air Force’s Eurofighter fleet. The TDC plays a vital role by offering on-site repairs for key radar and self-protection system components, minimizing aircraft … Read the full press release

Pharma Leaders Unite to Promote Ready-to-Use Packaging Solutions, Enhancing Safety and Efficiency

(IN BRIEF) SCHOTT Pharma, Gerresheimer, and Stevanato Group have formed the “Alliance for RTU” to promote the adoption of ready-to-use (RTU) vials and cartridges within the pharmaceutical industry. This strategic alliance aims to streamline pharmaceutical manufacturing, improve operational efficiency, and … Read the full press release

RS Lease to Expand Fleet with Siemens Mobility’s Vectron Locomotives in New Agreement

(IN BRIEF) RS Lease has signed a framework agreement with Siemens Mobility to purchase up to 65 Vectron locomotives, with an immediate delivery of 30 units and an option for 35 more. These new Vectron Multi-System and Dual Mode locomotives … Read the full press release

Continental Named Among World’s Top Sustainable Companies, Sets Ambitious Carbon-Neutral Goals for 2050

(IN BRIEF) Continental has been recognized as one of the world’s most sustainable companies for 2024 by Time magazine and Statista, securing the 265th spot overall and ranking second among tire manufacturers. The recognition highlights Continental’s strong efforts in reducing … Read the full press release

Volkswagen Group Utilizes Real-World Data to Boost Traffic Safety with Enhanced Driver Assistance Systems

(IN BRIEF) Volkswagen Group is enhancing traffic safety by utilizing sensor and image data from customer vehicles to continuously improve driver assistance systems and automated driving features. This initiative, starting in Germany in late 2024 with select Volkswagen and Audi … Read the full press release

BASF Sets Bold New Strategy to Lead Green Transformation and Boost Shareholder Returns

(IN BRIEF) BASF has unveiled a new corporate strategy aimed at becoming the leading chemical company supporting the green transformation of its customers. The company plans to focus on its core chemical businesses while giving more flexibility to standalone divisions … Read the full press release

Siemens Unveils Enhanced Simcenter Testlab to Boost Efficiency and Cut Prototype Dependency

(IN BRIEF) Siemens Digital Industries Software has updated its Simcenter Testlab suite, focusing on increased collaboration, enhanced testing efficiency, and reduced reliance on physical prototypes. New tools such as multi-hammer testing, a noise and vibration simulator, and smarter field testing … Read the full press release

Volkswagen and Autostadt Celebrate 50 Years of Golf and Scirocco at Alpine Hill Climb Event

(IN BRIEF) Volkswagen Classic and Autostadt will celebrate the 50th anniversary of the Volkswagen Golf and Scirocco at the prestigious Edelweiß-Bergpreis Rossfeld Berchtesgaden hill climb race, held in the Alps on September 28 and 29, 2024. They will showcase iconic … Read the full press release

International Crackdown on Fraud Network Exploiting European Public Institutions Yields Major Seizures

(IN BRIEF) German and Italian authorities, with the support of Eurojust and Europol, have successfully dismantled a large-scale fraud operation that targeted public institutions, cities, and municipalities. The suspects used phishing techniques to manipulate real invoices and divert payments meant … Read the full press release

NIVEA Launches Global Initiative to Combat Social Isolation and Foster Meaningful Human Connections

(IN BRIEF) NIVEA has launched a global initiative called NIVEA CONNECT to address the growing issue of social isolation, which affects both mental and physical health. A survey conducted by NIVEA revealed that one in four people felt isolated in … Read the full press release

RWE Partners with Port of Setúbal to Establish Key Hub for Floating Offshore Wind in Portugal

(IN BRIEF) RWE has partnered with the Port Authority of Setúbal in Portugal through a Letter of Support, aiming to transform the port into a key logistics hub for floating offshore wind projects. This initiative aligns with Portugal’s renewable energy … Read the full press release

MAN Truck & Bus and UTA Edenred Launch MAN SimplePay, a Streamlined Digital Platform for Fleet Cost Management

(IN BRIEF) MAN Truck & Bus has partnered with UTA Edenred to launch MAN SimplePay, a digital platform designed to simplify fleet cost management and enhance operational transparency. Launching in late 2024, the platform will enable fleet managers to monitor … Read the full press release

GfK Report: Germany’s Consumer Confidence Sees Modest Rebound, But Economic Fears Persist

(IN BRIEF) Germany’s consumer sentiment showed a slight improvement in September 2024, according to the latest GfK report. After a significant drop the previous month, income expectations and willingness to buy have increased, resulting in a modest rise in the … Read the full press release

Jan S. Hesthaven Named New President of KIT, Aims to Elevate Global Research and Partnerships

(IN BRIEF) Professor Jan S. Hesthaven has been appointed as the new President of Karlsruhe Institute of Technology (KIT), effective October 1, 2024. With a focus on furthering the integration of research, academic education, and societal engagement, Hesthaven aims to … Read the full press release