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.

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.

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.

Long-Term Commitment Pays Off

In 1954, John Deere became the first American company to acquire a German one when it bought the tractor pioneer Heinrich Lanz in Mannheim, where 3,000 employees continue to build mid-size tractors for the global market.

Fish Oil Production Near Rostock

Thai Union, the world’s largest producer of canned tuna, is building a new refining plant near Rostock, Mecklenburg-Vorpommern.

Trustly in Germany

The Swedish payment initiation service Trustly has expanded to Germany to have a local presence while serving rising numbers of customers in the German-speaking world.