Top Investment 2020 in Saarland

Saarland impresses: Chinese high-tech company invests up to two billion euros.

Top Investments 2020 in Niedersachsen

China Logistics is investing Euro 100 Mio in JadeWeserPort; Titan Wind Energy acquires production facilities in Cuxhaven and moves into the offshore foundations market.

Top Investments 2020 in North Rhine-Westphalia

Infosys, 247TailorSteel, OrCam Technologies, DPD: the state NRW maintains a consistently high level of foreign direct investments.

Brexit: US Banks Transfer Huge Sums from London to Frankfurt

As the interim period before Brexit draws to a close, American banking giant Morgan Stanley plans to transfer EUR 100 billion from the UK to German financial center Frankfurt. That’s according to a report by financial website Bloomberg, which added that the transfer would take place in the first quarter of 2022.

One to Watch: Sowmya Thyagarajan, founder and CEO of Foviatech

“Not by design, but by destiny,” says Sowmya Thyagarajan, describing how her digital start-up Foviatech came to be based in Hamburg. “I had opportunities in America and Australia, but Hamburg is known for its aviation industry, and I realized there is a lot of potential here.”

Startups Close 2020 with Strong Financing

Amidst the continuing turmoil caused by the coronavirus pandemic in late 2020, a number of German startups had remarkable success raising capital. Here are five fledgling firms that attracted significant investments.

Octopus Energy Founds German Arm

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.

Oney Bank Comes to Germany

As part of a general European expansion, France’s Oney Bank is opening a German subsidiary in Munich.

Biotech Matchmaking

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 billions for German battery plant

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.