Tag Archives: Germany

KfW Analysis: Term ‘Start-Up’ Becoming Broadly Applied in Germany, Extending Beyond Traditional Definitions

(IN BRIEF) In Germany, a significant portion of business founders, including freelancers and sole traders, describe their ventures as start-ups, a term that has become increasingly broad in its usage. While traditional definitions of a start-up, such as those outlined … Read the full press release

GEA Named Top Employer 2025 in Six Countries, Including Italy, for Excellence in HR Practices

(IN BRIEF) GEA has been awarded the “Top Employer 2025” certification in six countries, including its first recognition in Italy, and renewed certifications in Germany, Belgium, Spain, Poland, and Portugal. The award, given by the independent Top Employers Institute, acknowledges … Read the full press release

Mutares Completes Acquisition of S.M.A. Metalltechnik to Enhance SFC Group’s Automotive Cooling and Thermal Management Capabilities

(IN BRIEF) Mutares SE & Co. KGaA has acquired S.M.A. Metalltechnik GmbH & Co. KG, a company specializing in the manufacturing of impermeable aluminium pipes for automotive cooling applications. This acquisition will strengthen SFC Group’s capabilities in climate control and … Read the full press release

Siemens Expands Industrial-Grade Private 5G Infrastructure to Enhance Connectivity Across Europe and Brazil

(IN BRIEF) Siemens has enhanced its industrial-grade private 5G infrastructure to support larger industrial areas, now covering up to 24 radio units, each providing connectivity for 5,000 m². This solution is available in six European countries and Brazil, with more … Read the full press release

Formo Secures €35 Million EIB Loan to Scale Up Production of Fermentation-Based Cheese Alternatives

(IN BRIEF) Formo, a Berlin-based food tech company, has secured a €35 million loan from the European Investment Bank (EIB) to scale up its fermentation processes for producing dairy and egg alternatives. This brings the company’s total financing to over … Read the full press release

EIB Provides €70 Million Loan for Stadtwerke Reutlingen’s Infrastructure Investment

(IN BRIEF) Stadtwerke Reutlingen has received a €70 million loan from the European Investment Bank (EIB) to modernize its electricity grid and expand its district heating network as part of Germany’s energy transition. The loan will fund infrastructure upgrades, including … Read the full press release

Amazon Secures Record Order of 200+ Mercedes-Benz eActros 600 Trucks for Sustainable Logistics in Europe

(IN BRIEF) Amazon has placed its largest-ever order of electric trucks, selecting over 200 Mercedes-Benz eActros 600 vehicles. This marks the largest electric truck order in Mercedes-Benz Trucks’ history. The trucks will be deployed across Amazon’s middle-mile network in Germany … Read the full press release

Schaeffler Partners with Kuehne+Nagel to Manage New Central Logistics Center in Thailand

(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

European Investment Bank Provides €243 Million Green Loan to ERG Group for Renewable Energy Expansion in Europe

(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

Germany Adopts National Strategy for Autonomous and Connected Driving with Kapsch TrafficCom Playing a Key Role

(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

LMU Munich Shines as Three Scholars, Including Hannes Leitgeb, Earn Germany’s Leibniz Prize for Exceptional Research

(IN BRIEF) Hannes Leitgeb has been awarded the prestigious Gottfried Wilhelm Leibniz Prize by the German Research Foundation (DFG) for his outstanding contributions to mathematical and analytic philosophy. As Chair of Logic and Philosophy of Language and co-director of the … Read the full press release

DB Schenker Expands Fleet with 40 Volvo FM Electric Trucks, Enhancing Sustainable Logistics in Germany

(IN BRIEF) DB Schenker is expanding its fleet in Germany with 40 Volvo FM Electric trucks, marking a significant step towards sustainable logistics. These 20-ton electric trucks, capable of operating with trailers, will be deployed nationwide starting December 2024. The … Read the full press release

E.ON’s H2-Bilanz Report Highlights Challenges and Progress in Germany’s Hydrogen Economy

(IN BRIEF) E.ON’s latest H2-Bilanz report highlights modest progress in Germany’s hydrogen economy, driven primarily by IPCEI funding, which has increased the share of hydrogen projects under construction or with investment decisions to 9% of the 2030 target capacity. Electrolysis … Read the full press release

Vestas to Power RWE’s 900 MW Nordseecluster B, Advancing Germany’s Offshore Wind Ambition

(IN BRIEF) Vestas has secured a firm order to supply 60 V236-15.0 MW wind turbines for RWE’s Nordseecluster B offshore wind project in the German North Sea. This 900 MW project forms the second phase of the 1.56 GW Nordseecluster, … Read the full press release

ABL Secures Marine Warranty Survey Contract for Iberdrola’s Windanker Offshore Wind Farm

(IN BRIEF) ABL has been awarded a contract to provide Marine Warranty Survey (MWS) services for Iberdrola’s 315 MW Windanker offshore wind farm in the Baltic Sea, off Germany’s coast. ABL Germany, based in Hamburg, will oversee the safe and … Read the full press release

RWE Partners with HPE to Leverage Private Cloud AI for Optimizing Renewable Energy Management

(IN BRIEF) Hewlett Packard Enterprise (HPE) is partnering with renewable energy leader RWE to implement HPE Private Cloud AI, enhancing weather modeling, improving forecast accuracy, and optimizing energy resource management. This scalable AI-driven platform, part of the NVIDIA AI Computing … Read the full press release

Hexagon Strengthens Mining Technology Portfolio with Acquisition of indurad and xtonomy

(IN BRIEF) Hexagon has acquired indurad, a leader in radar and Real-Time Location Systems (RTLS) technologies, along with its subsidiary xtonomy, to advance safety, productivity, and automation in the mining industry. indurad’s radar-based collision avoidance and automation technologies will complement … Read the full press release

EIF and Quotanda Collaborate to Unlock €51 Million in Student Financing Across Europe

(IN BRIEF) The European Investment Fund (EIF) and Quotanda have partnered to improve access to student financing in Spain, Portugal, and Germany, mobilizing over €51 million through a €10.2 million capped guarantee backed by the InvestEU Skills and Education Portfolio … Read the full press release

Landmark Solar and Battery Project in Senegal to Deliver Clean Energy to 235,000 People

(IN BRIEF) An EUR 84 million investment will fund the development of two photovoltaic solar plants with integrated battery energy storage systems (BESS) in Senegal’s Kolda region, providing clean energy to 235,000 people. Spearheaded by the Emerging Africa & Asia … Read the full press release

Amundi Acquires German Fintech aixigo to Strengthen Digital Solutions for Wealth Management

(IN BRIEF) Amundi has acquired German fintech company aixigo for €149 million, integrating its modular, API-driven technology platform into Amundi Technology. This acquisition expands Amundi’s digital services for banks and wealth managers, aiming to enhance operational efficiency and personalized financial … Read the full press release