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.
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.
German start-up Dedrone has developed a system of sensors to help ward off airborne intruders.
300 million euros, 40 million, 20 million – foreign companies continued investments in Baden-Württemberg also in 2020.
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.
Dynamic Development of the Business Location: PSA / Opel and Amazon Invest in Kaiserslautern
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.
US-companies Google and Wayfair, Dutch AMG, Swedish Volvo and Klarna, and South-Korean Posco invest in Hessen.
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.
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).