Tag Archives: Germany

INEOS Inovyn Partners with Daimler to Trial Hydrogen Trucks, Paving Way for Zero-Emission Transport

(IN BRIEF) INEOS Inovyn, Europe’s leading PVC producer, is partnering with Daimler to trial the Mercedes-Benz GenH2 hydrogen trucks, aiming to enhance heavy-duty transport’s sustainability. Over the next 12 months, INEOS will make around 250 deliveries using these trucks in … Read the full press release

METRO to Close METRO Advertising GmbH, Shifts Focus to Core Wholesale Strategy

(IN BRIEF) METRO has decided to shut down METRO Advertising GmbH as part of its strategic focus on its sCore wholesale strategy. This decision affects 67 employees in Germany and Poland, with business activities ceasing by the end of 2024. … Read the full press release

BEW Berliner Energie und Wärme AG Renews Partnership with Landis+Gyr for Heat Meter Supply

(IN BRIEF) BEW Berliner Energie und Wärme AG has renewed its partnership with Landis+Gyr for another four years, extending their 20-year collaboration. Landis+Gyr will supply ultrasonic heat meters, specifically the T550 (UH50) model, chosen through a Europe-wide tender. The T550 … Read the full press release

Kübler Schwertransporte Undertakes Major Haul of Decommissioned Submarine to Sinsheim

(IN BRIEF) Kübler Schwertransporte is transporting a decommissioned 350-tonne submarine, U17, to the Sinsheim Museum of Technology. The journey involves moving the submarine along waterways and roads using a 30-axle platform trailer pulled by a MAN TGX 41.680 8×6 truck. … Read the full press release

Alstom Secures Landmark €4 Billion Contract to Supply and Maintain 90 Adessia Stream Trains for S-Bahn Cologne Network

(IN BRIEF) Alstom has secured a €4 billion contract to supply and maintain 90 Adessia Stream trains for Germany’s S-Bahn Cologne network. This contract includes a 34-year maintenance agreement and is Alstom’s largest order in Germany. The innovative and accessible … Read the full press release

Oerlikon and MTU Aero Engines Advance Smart Factory Collaboration at Farnborough International Airshow 2024

(IN BRIEF) At the Farnborough International Airshow 2024, Oerlikon and MTU Aero Engines announced the next phase of their collaboration to create a cutting-edge thermal spray factory. The initiative aims for 100% digital traceability, real-time monitoring through digital twins, and … Read the full press release

bp and Castrol Partner with Audi for Formula 1 Entry in 2026

(IN BRIEF) bp and Castrol have entered into a strategic partnership with Audi for their debut in Formula 1 in 2026. This exclusive collaboration includes the development of FIA-compliant Advanced Sustainable fuels and specialized lubricants for Audi’s F1 power unit. … Read the full press release

Major Funding Secured for RWE’s Hydrogen Projects in Germany

(IN BRIEF) The German government and state governments of Lower Saxony, North Rhine-Westphalia, and Mecklenburg-Western Pomerania have allocated over 619 million euros to fund two hydrogen projects led by RWE. These include a 300-MW electrolyser in Lingen and a hydrogen … Read the full press release

ANDRITZ Secures Contract for Advanced Sewage Sludge Incineration Plant in Germany

(IN BRIEF) International technology group ANDRITZ has been contracted by German waste management service provider MVA Bielefeld-Herford GmbH to supply an EcoFluid bubbling fluidized bed (BFB) boiler system for a new sewage sludge mono-incineration plant. This plant, designed to handle … Read the full press release

Ørsted Introduces Revolutionary Low-Noise Technology for Offshore Wind Foundations

(IN BRIEF) Ørsted, a leader in offshore wind energy, has unveiled a groundbreaking low-noise installation method for monopile foundations at the Gode Wind 3 wind farm in Germany. This innovative technology, successfully tested on three monopiles, utilizes a patented jetting … Read the full press release

University of Twente and Forschungszentrum Jülich Strengthen Collaboration with New Memorandum of Understanding

(IN BRIEF) The University of Twente (UT) and Forschungszentrum Jülich (FZJ) have formalized their longstanding collaboration with a new Memorandum of Understanding (MoU). Signed during a special event at Jülich, the MoU focuses on strategic areas such as education and … Read the full press release

Germany’s Urban Heat Transition: E.ON Maps Path to Climate Neutrality

(IN BRIEF) Germany aims for climate neutrality by 2045, focusing on transforming heating systems in major cities like Berlin, Hamburg, Munich, and Cologne. E.ON’s latest data highlights the prevalence of district heating and the adoption of heat pumps, alongside challenges … Read the full press release

Logicor and BSH Hausgeräte GmbH Renew Lease Agreement for Key Logistics Property in Nauen

(IN BRIEF) Logicor has renewed its lease agreement with BSH Hausgeräte GmbH for a 52,000 sqm logistics property in Nauen, Brandenburg, Germany. This renewal includes a Green Lease clause, committing both parties to resource conservation and energy optimization, thus contributing … Read the full press release

Kembara Fund I FCR Secures €350 Million EIF Commitment to Drive Deep Tech and Climate Innovation

(IN BRIEF) Kembara Fund I FCR, a €1 billion deep tech and climate-focused fund managed by Spain-based Alma Mundi Ventures, has secured a €350 million commitment from the European Investment Fund (EIF). As the first Spanish fund to be selected … Read the full press release

BASF and Graphit Kropfmühl Partner to Reduce Carbon Footprint in Graphite Production

(IN BRIEF) BASF and Graphit Kropfmühl have entered a partnership to reduce the carbon footprint of graphite produced at Graphit Kropfmühl’s Hauzenberg site by at least 25% using renewable energy certificates. This reduced-carbon graphite will be used in BASF’s Neopor® … Read the full press release

Siemens and Boson Energy Partner to Transform Non-Recyclable Waste into Green Hydrogen

(IN BRIEF) Siemens AG and Boson Energy have signed a Memorandum of Understanding to collaborate on converting non-recyclable waste into clean hydrogen energy. Utilizing Siemens’ advanced technology and consultancy services, including automation and digitalization from the Siemens Xcelerator portfolio, the … Read the full press release

CompuGroup Medical (CGM) Achieves C5 Attestation for Cloud Services in Germany

(IN BRIEF) CompuGroup Medical (CGM) has achieved C5 attestation (Type 1) for its cloud services in Germany, complying with the rigorous standards set by the German Federal Office for Information Security (BSI). Effective from May 31, 2024, an independent auditing … Read the full press release

MWB AG Rings in New Era with Vienna Stock Exchange Listing

(IN BRIEF) MWB AG, a German company specializing in luxury watch trading across the DACH region, celebrated a significant achievement today as it commenced trading on the Vienna Stock Exchange’s direct market plus segment. With NuWays AG acting as underwriter … Read the full press release

Vestas Lands 105 MW Wind Turbine Order for LEAG’s Forst-Briesnig II Project in Germany

(IN BRIEF) Vestas has secured a 105 MW order from LEAG for the Forst-Briesnig II wind energy project in Germany’s Lausitz region. The project, set on a former brown coal mining area, will include 17 V162-6.2 MW wind turbines. Vestas … Read the full press release

Vestas Wins 114 MW Wind Turbine Contract for Germany’s Ahlum-Dettum Project

(IN BRIEF) Vestas has secured a 114 MW contract from SAB WindTeam for the Ahlum-Dettum wind project in Lower Saxony, Germany. The order includes the supply, delivery, and commissioning of 17 V162-6.2 MW and two V136-4.2 MW wind turbines, along … Read the full press release

Report by E.ON and Thüga Highlights Strategic Role of Electrolyzers in Germany’s Energy Transition

(IN BRIEF) A joint report commissioned by E.ON and Thüga, conducted by the Institute of Energy Economics at the University of Cologne (EWI), assesses the strategic placement of electrolyzers across Germany to support the energy transition. The study identifies regions … Read the full press release

EIB Funds €1.2 Billion for Denmark’s Largest Wind Farm to Power Over a Million Homes

(IN BRIEF) The European Investment Bank (EIB) is providing a €1.2 billion loan to support the construction of the Thor wind farm in the Danish North Sea, developed by RWE. The 1.1 GW wind farm, consisting of 72 turbines, will … Read the full press release

Ørsted and Nuveen Infrastructure Reach Milestone with First Turbine Installed at Borkum Riffgrund 3 Offshore Wind Farm

(IN BRIEF) Ørsted and Nuveen Infrastructure have achieved a significant milestone with the installation of the first wind turbine at the Borkum Riffgrund 3 offshore wind farm in Germany. Once completed, this 913 MW project will be Germany’s largest offshore … Read the full press release

Kuehne+Nagel Opens State-of-the-Art Logistics Hub for Wacker Neuson in Rhineland-Palatinate

(IN BRIEF) Kuehne+Nagel has launched a new contract logistics center in Rhineland-Palatinate, dedicated to servicing Wacker Neuson Group’s global spare parts supply for light and compact equipment. Spanning 55,000 square meters, the facility employs advanced ‘goods-to-person’ robotics technology with over … Read the full press release

Bechtle Secures Framework Agreement with IT.Niedersachsen to Drive Digitalization in Lower Saxony

(IN BRIEF) Bechtle secures a new framework agreement with IT.Niedersachsen to drive digitalization in Lower Saxony, emphasizing project management and IT consultation services. The agreement spans two years with the potential for extensions, signaling Bechtle’s pivotal role in supporting the … Read the full press release

Bonprix Achieves Milestone in Digital Transformation with SAP BW/4HANA Integration

(IN BRIEF) Bonprix, a leading international fashion company, has successfully implemented SAP BW/4HANA and SAP Datasphere solutions, marking a significant step in its digital transformation journey. With a dynamic multi-cloud data landscape now in place, Bonprix aims to streamline operations, … Read the full press release

Cottbuser Ostsee to Host Germany’s Largest Floating Solar Power Plant by EPH Power Europe

(IN BRIEF) Germany’s largest post-mining lake, the “Cottbuser Ostsee,” is set to host a groundbreaking floating solar plant, scheduled to begin operation in winter 2024/2025. Generating 29,000 MWh of electricity annually, this initiative not only powers thousands of households but … Read the full press release

Industry Giants Join Forces to Transform Discarded Tires into Sustainable Automotive Plastics

(IN BRIEF) Neste, Borealis, and Covestro have partnered to recycle discarded tires into high-quality plastics for automotive applications, aiming to drive circularity in the plastics value chain. Through this collaboration, old tires are transformed into raw materials, processed into base … Read the full press release

Barclays Continues Expansion Strategy with Key Hire for German-speaking Markets

(IN BRIEF) Barclays, a leading global financial institution, has announced the appointment of Christian Wagner as the Head of Investment Banking for Germany, Austria, and Switzerland (DACH). In this role, Mr. Wagner will oversee the entire Investment Banking business for … Read the full press release

European Investment Bank and Deutsche Kreditbank Strengthen 25-Year Collaboration with Renewables Initiative

(IN BRIEF) The European Investment Bank (EIB) and Deutsche Kreditbank (DKB) recently celebrated their 25-year partnership by signing a new agreement at DKB’s Berlin headquarters, aimed at supporting renewable energy projects for Small and Medium Enterprises (SMEs) in Germany. Under … Read the full press release

Airbus H145 Helicopters Chosen by HTM for Offshore Wind Transport Solutions

(IN BRIEF) HTM Helicopters has initiated an order for an Airbus H145 helicopter, with an option for two more of the same model, to bolster their fleet for offshore wind operations along the coasts of Germany and France. Bernd Brucherseifer, … Read the full press release

Globalization Trends: DHL Study Spotlights EU’s Rising International Influence

(IN BRIEF) In the latest DHL Global Connectedness Report, the Netherlands emerges as the most globalized country in the European Union, closely followed by Ireland and Luxembourg. Notably, 14 EU member states, including Malta, Belgium, Denmark, Sweden, Germany, Cyprus, Hungary, … Read the full press release

Germany Approves Unrestricted Sales of 100% Renewable Diesel, Neste Celebrates Milestone

(IN BRIEF) Germany’s recent approval of unrestricted sales of 100% renewable diesel, following the DIN EN 15940 fuel standard, marks a significant milestone in the country’s journey towards decarbonizing its transport sector. Neste, a leading producer of renewable fuels, welcomes … Read the full press release

Pirelli Partners with Audi Sport for Exclusive Tyre Kit in Audi RS 4 Avant Edition 25 Years

(IN BRIEF) Pirelli has collaborated with Audi Sport to introduce an exclusive tyre kit for the Audi RS 4 Avant Edition 25 Years. This kit includes the Pirelli P Zero Trofeo RS tyres, equipped with Cyber technology and integrated with … Read the full press release

ABN AMRO Expands Presence in German Private Banking Market with HAL Acquisition

(IN BRIEF) ABN AMRO announces its agreement with Fosun International to acquire Hauck Aufhäuser Lampe (HAL), a prominent German private bank, positioning Bethmann Bank, ABN AMRO’s private banking arm, as one of the largest providers of banking services for affluent … Read the full press release

European Investment Fund Boosts Cultural and Creative Sectors with InvestEU Agreements

(IN BRIEF) At the 77th Cannes Film Festival, the European Investment Fund (EIF) and the European Commission announced agreements aimed at bolstering SMEs and small mid-caps in Europe’s cultural and creative sectors. These agreements, supported by the InvestEU programme, involve … Read the full press release

Outokumpu Achieves Full ResponsibleSteel Certification Across European Sites, Leading Sustainable Steel Production in the Nordics

(IN BRIEF) Outokumpu, a leading manufacturer in sustainable stainless steel, has secured the ResponsibleSteel certification for all its production facilities in Europe, making it the first Nordic company to earn this accolade for all seven of its sites across Finland, … Read the full press release

LBBW Mumbai Office Marks 25 Years of Facilitating German-Indian Business Ties

(IN BRIEF) LBBW celebrates the 25th anniversary of its Mumbai representative office, which has been instrumental in supporting German companies entering the Indian market and facilitating local business activities. Mumbai’s strategic location and vibrant business environment have contributed to the … Read the full press release

Telekom Germany Concludes Record-Breaking Collective Agreement After Intense Negotiations

(IN BRIEF) Following five days of rigorous negotiations, Telekom Germany has finalized a groundbreaking collective agreement affecting approximately 58,000 employees, apprentices, and dual students. The agreement, which marks the highest negotiation outcome in the company’s history, includes substantial benefits for … Read the full press release

Volvo Group and Daimler Truck Forge Joint Venture for Software-Defined Commercial Vehicles

(IN BRIEF) Volvo Group and Daimler Truck have announced a preliminary agreement to establish a 50/50 joint venture aimed at leading the digital transformation to software-defined heavy-duty commercial vehicles. The joint venture, headquartered in Gothenburg, Sweden, will develop a common … Read the full press release