Woolworth: New German Headquarters
The new German headquarters in Unna, North Rhine-Westphalia, which will replace the current headquarters in nearby Königsborn.
Investors / FDI
Japanese NTT Data Opens Branch in Erfurt
Among the factors that made Erfurt attractive to the company was its central location, its excellent railway and autobahn connections, and the talented pool of potential employees in the local university landscape.
Toyo Jidoki in Düsseldorf
Japanese company Toyo Jidoki Co. Ltd. celebrated the foundation of its new subsidiary Toyo Jidoki Europe GmbH, from which it will manage its European operations.
Alibaba Invests in German Startup
Alibaba Group Holding has acquired the German data-analysis startup “data Artisans” (dA) in a deal reportedly worth some EUR 90 million.
Incentives: Let It Grow
Project financing incentives are available to all investors and are provided by the German government, the federal states, and the E.U. to support business growth.Germany Trade & Invest advises large companies (turnover €50m+) and SMEs.
3M Expanding in Germany
The American multi-technology group is investing roughly EUR 65 million to build a new 2,600-plus sqm factory with two new lines beginning in 2020, which together will produce 5 million square meters of film annually.
Coca-Cola Expanding in Germany
Coca-Cola is investing a total of EUR 55 million into two plants in Germany in response to rising demand for non-carbonated beverages in smaller containers.
Infineon Cooperates with Denso
Infineon Technologies, Germany’s largest chip maker, announced that it was strengthening its long-term collaboration with Denso to bolster its automotive business.
Fintech Investment
Ping An invested EUR 40 million in the Berlin-based company finleap.
Siberian Retailer Sets Up Shop in Germany
The Russian discounter Torgservis reportedly plans to open more than 100 stores in Berlin, Brandenburg, Mecklenburg-Vorpommern, Saxony, Saxony-Anhalt and Thuringia.
