Like many regions, northern Bavaria faced challenging changes after German reunification. However, the traditional ceramics industry survived by playing to its strengths and is now attracting investors from America and Japan.
On the back of a record year for renewable energy sources, experts are particularly hailing a comeback for solar power after some difficult years at the start of the millennium.
Many people in the west are concerned about the number of businesses being taken over by Chinese buyers. But a team of researchers from the network “Econopol Europe,” led by the head of Germany’s prestigious Ifo Institute, suggests that such fears may be misplaced.
The German government is readying a massive cash injection to help innovative young companies ride out economic difficulties.
As far as people with higher degrees are concerned, migration is a net-sum gain for Germany and a safeguard against “brain drain.”.
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Germany’s universities get high marks for innovation.
The automotive metropolis of Stuttgart is spearheading a shift from gasoline and diesel toward electricity and hydrogen. Companies from the field of e-mobility can capitalize on the restructuring that is taking place in Baden-Württemberg, for example as suppliers to car makers.
The health care division of world-renowned German company Bosch announced on March 26 that it has developed a test kit for COVID-19 and nine other viral respiratory illnesses.
The country’s many centers of research excellence will now be centrally linked to speed efforts to combat the pandemic.