Tag Archives: Germany

Rheinmetall and ICEYE to Launch Joint Venture for SAR Satellite Production, Strengthening Germany’s Space Technology Capabilities

(IN BRIEF) Rheinmetall and ICEYE have signed an MoU to establish Rheinmetall ICEYE Space Solutions, a joint venture focused on satellite production, with an emphasis on SAR (Synthetic Aperture Radar) satellites for military and security purposes. The partnership will begin … Read the full press release

KfW Strengthens Global Role with High Stable New Business in 2024 and Continued Focus on Climate Protection and Biodiversity

(IN BRIEF) KfW’s 2024 international business performance shows a stable level of EUR 34.2 billion, with a continued focus on climate protection, biodiversity, and geostrategic objectives. Through its subsidiaries, KfW supports projects aligned with Germany and Europe’s economic and geopolitical … Read the full press release

Lockheed Martin and Rheinmetall Expand Partnership to Build European Missile Manufacturing Hub for NATO Goals

(IN BRIEF) Lockheed Martin and Rheinmetall have strengthened their partnership to establish a European center of excellence for rockets and missile production, based in Germany. The centre will cater to the European market, supporting NATO’s defence goals and enhancing Europe’s … Read the full press release

Germany Faces Increasing Competition from China in EU Export Markets, KfW Research Finds

(IN BRIEF) KfW Research’s latest study reveals that Germany is facing increased competition from China in EU export markets. While Germany still maintains higher export shares than China in most product categories, its lead is shrinking, with China expanding its … Read the full press release

KfW Survey: SMEs in Germany Spend 32 Hours per Month on Legal Compliance, Costing EUR 61 Billion Annually

(IN BRIEF) A recent KfW survey reveals that SMEs in Germany spend, on average, 32 hours per month complying with legal requirements, costing the economy EUR 61 billion annually. This significant time investment is particularly challenging for sole traders and … Read the full press release

Roland Welzbacher Appointed to Continental AG Executive Board as CFO

(IN BRIEF) Roland Welzbacher has been appointed to the Executive Board of Continental AG, effective August 1, 2025. He will take over as CFO from Olaf Schick, following a transition period that concludes on October 1, 2025. Welzbacher, who has … Read the full press release

DNV Secures Major Technical Services Contract with Gasunie to Support Energy Infrastructure in Netherlands and Germany

(IN BRIEF) Gasunie has awarded DNV a multi-year technical services contract to support the maintenance and innovation of energy infrastructure across the Netherlands and northern Germany. The four-year agreement, with options for two two-year extensions, covers critical services like equipment … Read the full press release

RWE Begins Construction of 22.8 MW Wind Farm to Power 20,000 Homes Near Papenhagen

(IN BRIEF) RWE has started construction on a new 22.8 MW onshore wind farm near Papenhagen, Germany, with commissioning expected by mid-2026. The site will generate enough green electricity to power around 20,000 households. As part of a community benefit … Read the full press release

Dürr’s EcoProBooth Wins PACE Pilot Award for Cutting-Edge Energy-Saving Paint Technology

(IN BRIEF) Dürr has won the 2025 Automotive News PACE Pilot Award for its EcoProBooth, a modular spray booth system designed to increase energy efficiency and streamline vehicle painting. With a 95% air recirculation rate and the ability to handle … Read the full press release

Deutsche Telekom and Qunnect Sustain High-Fidelity Entanglement Over 30 km Fiber for 17 Days

(IN BRIEF) Researchers at Deutsche Telekom Innovation Laboratories and Qunnect have achieved a major quantum networking milestone by maintaining 99% fidelity in entangled photon transmission over 30 km of commercial fiber for 17 days. A separate test also showed successful … Read the full press release

EnBW Commissioning of H₂-Ready Fuel-Switch Power Plant in Stuttgart-Münster Accelerates Energy Transition

(IN BRIEF) EnBW has taken a major stride in its decarbonization journey by commissioning a new H₂-ready fuel-switch power plant at its Stuttgart-Münster site. This power plant replaces older coal-fired components with a modern, natural gas-fired gas turbine facility capable … Read the full press release

Nordex Group Q1 Performance Surges to 2.2 GW with Increased ASP and Strong Orders from Türkiye, Germany, and Finland as 337 Turbines Are Booked Across 10 Countries

(IN BRIEF) The Nordex Group reported a 5 percent year-on-year increase in order intake for Q1 2025, reaching 2,182 MW in its Projects segment (excluding the Service business), up from 2,086 MW in Q1 2024. In addition, the average sales … Read the full press release

Škoda Elroq Triumphs with Revolutionary Modern Solid Design, Winning Its 18th Red Dot Award and Attracting Over 45,000 Orders Globally

(IN BRIEF) Škoda has announced that its latest electric compact SUV, the Elroq, has won a prestigious Red Dot Award. The Elroq, the first production model to adopt the brand’s new Modern Solid design language, showcases revolutionary features including a … Read the full press release

Global Disability Summit 2025: KfW Champions Inclusive Development and Education Reforms

(IN BRIEF) The Global Disability Summit 2025 in Berlin, held on April 2 and 3, united international leaders, NGOs, and private sector representatives to focus on the inclusion of people with disabilities. Co-organised by Germany, the Kingdom of Jordan, and … Read the full press release

Banking Alliance Paves the Way for a Robust EU Clean Energy Future

(IN BRIEF) NORD/LB and the EIB have launched a significant financing partnership to boost the transition to clean energy within the European Union. The collaboration will fund new small and medium-sized renewable energy projects, with targeted investments in photovoltaic systems, … Read the full press release

Vodafone Empowers SMEs with 24/7 Cyber Protection at New Düsseldorf Center

(IN BRIEF) Vodafone has launched a new Cyber Security Center in Düsseldorf to provide 24/7 protection and support for small and medium-sized enterprises (SMEs) in Germany, addressing the unique cybersecurity challenges they face. Initially starting with 20 experts, the center … Read the full press release

Continental Unveils Terra Adventure: Redefining Off-Road Excellence for Gravel Enthusiasts

(IN BRIEF) Continental has unveiled the Terra Adventure, the latest and most aggressive addition to its Terra tire series, engineered specifically for off-road gravel riding. Inspired by the technology behind its renowned XC mountain bike tires, the Terra Adventure features … Read the full press release

Kapsch TrafficCom’s Global C-ITS Deployment Paves the Way for Safer, Smarter Highways

(IN BRIEF) Germany is advancing highway safety and traffic efficiency through a new C-ITS initiative that uses ITS Roadside Stations integrated into mobile barrier boards across 8,600 kilometers to send real-time warnings to drivers about roadworks, thereby protecting road workers. … Read the full press release

EIB and Ayvens Launch EUR 700 Million Initiative to Electrify 19,000 Commercial Vehicles in Europe

(IN BRIEF) The European Investment Bank (EIB) has issued its first green loan, signing a EUR 700 million financing agreement with sustainable mobility leader Ayvens in December 2024. The deal, which splits into a EUR 350 million EIB credit and … Read the full press release

Continental’s Korbach Plant Secures ISCC PLUS Certification, Paving the Way for a Sustainable Tire Future

(IN BRIEF) Continental’s Korbach tire facility in Hanover has earned the ISCC PLUS certification, demonstrating its commitment to sustainable production by rigorously documenting and tracking the use of renewable and recycled materials. By implementing a mass balance approach, the company … Read the full press release