3D printing was once just a convenient, if expensive, way to construct prototypes and a niche for gadget lovers. No longer. Thanks to Germany’s technological expertise and its broad industrial landscape, additive manufacturing is now a USD 12.6 billion market with plenty of opportunities for international businesses.
The co-developer of one of the two major m-RNA vaccines against Covid-19, BioNtech, is not only reaping the rewards of its innovative, life-saving work. It’s creating brand new possibilities in its home city, Mainz, in southwestern Germany.
An acquisition has given Germany its latest unicorn. Digital insurance broker Clark has taken over Internet information platform Finanzen Group, elevating its own valuation, according to the company itself, to over USD one billion.
For the first time since the corona pandemic hit Germany, the world’s leading medical technology trade fair, Medica, is returning as a live event on November 15. GTAI expert Gabriel Flemming talks about what has changed in the sector since March 2020.
Amidst the crucial COP 26 summit in Glasgow, two studies indicate the extent to which Germany will have to invest in climate protection – and how it stands to benefit economically.
As part of the drive toward carbon neutrality, the German Ministry of Education and Research has created a new EUR 20 million fund to encourage the development of “methods for the removal of atmospheric carbon dioxide.” The program will be available to research projects for the next three years.
The non-profit International Financial Reporting Standards Foundations (IFRS) says it is forming an International Sustainability Standards Board (ISSB) in the German financial capital Frankfurt am Main.
British multinational chemicals company INEOS says it is planning a 100 megawatt electrolysis facility in the western German city of Cologne to produce green hydrogen.
Roughly ten percent of all new start-ups in Germany are fintech companies – that’s one of the key insights from the first-ever FinTech Report by Germany Finance, the joint platform of the country’s financial locations, and online magazine Startbase.
Economic relations between the United States and Germany defied various disruptions from the coronavirus pandemic in 2020, suffered only a slight 1.4 percent decline in turnover. That’s according to the annual study of the American Chamber of Commerce in Germany (AmCham Germany).