Intel, Northvolt, Tesla…giant companies have recently committed billions to establishing/expanding German operations. Here’s how those massive investments came about. Watch our video!
Investors / FDI
Dutch company AMG Lithium, a subsidiary of the Advanced Metallurgical Group, has broken ground on the first of five lithium production modules in Bitterfeld-Wolfen in the eastern German state of Saxony-Anhalt. The firm has investing EUR 120 million in the project.
From summer 2021 most COVID restrictions were lifted in the UK, marking a gradual, ongoing return to normalcy. A number of companies took the opportunity to revisit and restart investment projects in Germany that had been put on hold.
In 2021, the Investment and Marketing Corporation Saxony-Anhalt (IMG) acquired 68 new projects and helped 20 companies make the decision to move to the region, creating 2,019 new permanent jobs.
Sweden wants to take more of its originative designs to foreign markets. Germany Trade & Invest’s Sweden representative Michał Woźniak and Ralph-Georg Tischer, managing director of the German-Swedish Chamber of Commerce, discuss why Germany is its main focus.
Late March was a hugely influential and promising stretch for Germany’s efforts to create an industrial-scale hydrogen economy.
March 22, 2022 will go down as a major date in German automotive history, as US electric vehicle manufacturer Tesla inaugurated its first-ever European gigafactory in the regional state of Brandenburg outside the German capital.
It’s no accident that electronics giant Intel decided to locate its coming €17bn microchip gigafactory in Germany. More and more semiconductor manufacturers are discovering the advantages of being in Europe’s largest market and automotive and technological heartland.
Germany attracted 540 foreign direct business investments in the first ten months, only one fewer than in all of 2020 according to figures from Germany Trade & Invest (GTAI).
According to recent figures from Internet platform Dealcom, Germany comfortably leads the EU in absolute numbers of unicorns USD one billion exits with 53.