Valmet Automotive is expanding – specifically to the town of Kirchardt in the southwestern regional state of Baden-Württemberg. The Finnish maker of batteries for electric vehicles (EVs) is converting an 11,500-square-meter former printing shop into its third production facilities overall and first in Germany.
Investors / FDI
The 2021 Foreign Direct Investment Confidence Index published by management consultants AT Kearney sees Germany retain its third-placed ranking after the United States and Canada.
The long-standing love affair between the US computer colossus and the Bavarian capital has reached a new plane, with Apple announcing that it will hire hundreds of new employers and build a new connectivity and wireless technology facility in Munich.
Finnish forest industry company UPM has begun construction a one-of-a-kind bio-refinery in the city of Leuna in the eastern German regional state of Saxony-Anhalt.
Throughout 2020, this website featured more than 350 articles and videos about Germany as a business and high-tech location. Below is a list so that you can catch up on anything you might have missed.
British electricity platform Octopus Energy is testing the waters in the German market with a planned EUR 80 million expansion to Europe’s largest economy.
As part of a general European expansion, France’s Oney Bank is opening a German subsidiary in Munich.
As Europe’s largest medical biotech market, Germany continues to attract foreign investment thanks to its many established companies and dynamic start-up sector. Gradian Diagnostics’ recent acquisition of Molzym is a fine example of international matchmaking, facilitated by Germany Trade & Invest.
Chinese battery manufacturer SVOLT Energy Technology Company is establishing a new two-billion-euro facility for producing cobalt-free lithium-ion batteries in the German state of Saarland.
GTAI’s new report on foreign direct investment shows that Germany remains a top destination for global investors.