Top Investment 2020 in Saarland
Saarland impresses: Chinese high-tech company invests up to two billion euros.
It is always interesting and inspiring to read stories about foreign investors who have made successful investments in Germany. Read our reports on the best cases.
Saarland impresses: Chinese high-tech company invests up to two billion euros.
China Logistics is investing Euro 100 Mio in JadeWeserPort; Titan Wind Energy acquires production facilities in Cuxhaven and moves into the offshore foundations market.
Infosys, 247TailorSteel, OrCam Technologies, DPD: the state NRW maintains a consistently high level of foreign direct investments.
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.
“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.”
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.
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.