Hydrogen Hybrid Container Ships

German shipping colossus Hapag-Lloyd placed a EUR 6 billion order for six ultra large container vessels (UCLVs) from South Korea’s Daewoo Shipbuilding & Marine Engineering. The massive ships are the equivalent of four football fields long and can transport over 23,000 containers.

Brexit Attracts More Financial Institutions to Germany than Expected

In the wake of Brexit, more foreign financial institutions than expected applied for business licenses in Germany in 2020. The transfer of assets and the newly created jobs will have positive effects for Germany’s appeal as a financial location.

Drone Defenses

German start-up Dedrone has developed a system of sensors to help ward off airborne intruders.

Top Investments 2020 in Baden-Württemberg

300 million euros, 40 million, 20 million – foreign companies continued investments in Baden-Württemberg also in 2020.

Pumping Up the Heat

Germany’s Association of Heat Pumps (bwp) says that a record 120,000 of the energy-efficient devices were installed in the country in 2020. That represents not only a new record but an annual growth rate of a whopping 40 percent.

Top Investments 2020 in Rheinland-Pfalz

Dynamic Development of the Business Location: PSA / Opel and Amazon Invest in Kaiserslautern

New German Hydrogen Initiative

The German Ministry for Economic Affairs and Energy has issued a call for draft project submissions for state subsidies in the area of hydrogen technologies and systems.

Top Investments 2020 in Hessen

US-companies Google and Wayfair, Dutch AMG, Swedish Volvo and Klarna, and South-Korean Posco invest in Hessen.

A New German Unicorn in Personio

The unicorns just keep coming and coming in Germany in the first month of 2021, as Munich personnel software start-up Personio has also broken through the USD one billion mark in value.

2020 Saw Significant Solar Rise in Germany

Last year saw some 25 percent more solar panels mounted on German rooftops than in 2019 – that’s according to the German Solar Industry Association (BSW).