The European subsidiary of Ford Motor Company is investing the equivalent of a cool one billion dollars to convert its Cologne factory to produce electric vehicles.
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.
New challenges, new work environments, new needs: in Bremen, as in many other regions, 2020 will go down in history as the year of digital change. Despite the crisis, Germany’s smallest federal state recorded 40 foreign direct investments (FDI) with around 252 jobs created last year.
The Latvian startup Maritime Digital relocated its headquarters from Riga to Lübeck in August 2020.
Brandenburg is becoming one of the leading locations of Germany’s mobility and energy transition. This attracts more and more investments to the state. The biggest will be the TESLA Gigafactory for electric cars in Grünheide, near Berlin. TESLA now wants to expand on this with a battery factory.
300 million euros, 40 million, 20 million – foreign companies continued investments in Baden-Württemberg also in 2020.
Dynamic Development of the Business Location: PSA / Opel and Amazon Invest in Kaiserslautern
US-companies Google and Wayfair, Dutch AMG, Swedish Volvo and Klarna, and South-Korean Posco invest in Hessen.
The unicorns just keep coming and coming in Germany in the first month of 2021, as Munich personnel software start-up Personio has also broken through the USD one billion mark in value.
Berlin logistics start-up Sennder has cracked the USD one billion in value mark. The news, as reported by business newspaper Handelsblatt, came after the company concluded a USD 160 million round of financing.
Professional services network Ernst and Young (EY) says the number of financing rounds for fledgling companies in Germany reached an all-time high of 743 in 2020 despite the economic disruption caused by the coronavirus pandemic. That was an increase of six percent.