Tesla Gigafactory Sets New Construction Speed “Record”
US electric carmaker Tesla has gotten off to a flying start in its goal of completing its first European “gigafactory” in Grünheide near Berlin.
Investors / FDI
Hyundai Comes to Bavaria
South Korea’s Hyundai Robotics has opened up its first Continental European office in Ismaning, just north of Munich.
Japanese Power in Saxony-Anhalt
Japanese battery and fuel-cell specialist HORIBA Fuelcon is investing EUR 30 million in expanding the Technologiepark Ostfalen technology center in Barleben in the eastern German state of Saxony Anhalt.
Czech Online Supermarket Expands to Germany
One of the winners from the disruption caused by the coronavirus pandemic in Germany are online food delivery services. So it’s no surprise that online supermarket Rohlik from the Czech Republic is setting up shop in its larger neighbor.
Huawei’s Berlin Flagship
The Chinese tech giant is opening global flagship store on Berlin’s luxury boulevard Kurfürstendamm.
fDi Diaries: ‘The crisis will be temporary’
GTAI’s head of investor consulting, Achim Hartig, spoke to Alex Irwin-Hunt from the Financial Times‘ fDi Intelligence about how Germany is doing amidst the coronavirus pandemic.
EUR 60 Million for German Fintech solarisBank
Berlin fintech start-up solarisBank has booked a cool EUR 60 million in its latest round of financing. The company, which was founded in 2016, has taken in more than EUR 160 million from investors.
Breakfast Made in Germany
Polish food producer VICI Polska is expanding to the city of Anklam in the northeastern German state of Mecklenburg-Vorpommern. It’s planning a 18-million-euro facility to make breakfast products for the Asian and Eastern European markets.
EUR 30 Million for Flexible Robots
It’s been a heady past few days for Wandelbots from the eastern German city of Dresden. The no-code industrial robotics start-up publically launched its TracePen programmer on Wednesday, June 17. And that came fresh on the heels of the company, founded in 2015, announcing it had taken in an addition EUR 30 million in venture capital.
From Guangdong to Germany
A leading Chinese medical technology company has opened a dialysis equipment manufacturing plant in Mecklenburg-Vorpommern.
