Germany’s Ministry of Education and Research (BMBF) is making a massive investment to help 6G communications technology replace the current standard 5G. The ministry is allocating EUR 700 million from the government’s “Future Fund” and elsewhere to underwrite 6G research in the coming four years.
Why does it pay to come to Germany? What are the USP’s of this location, rated one of the most attractive business environments in the world? Our “Location”-pieces answer these questions.
Sales revenue in the gaming industry rocketed up 32 percent last year. German industry organization game registered more than EUR 8.5 billion in sales in 2020 compared with just under EUR 6.5 billion in 2019.
The German Ministry of Transport and Digital Infrastructure BMVI has launched a new program “Charging Infrastructure on Location” that will introduce add EUR 300 million to the funds to create more electric vehicle charging stations.
The Kopernikus Projekte P2X, an initiative of the German Ministry of Research and Education, says that for the first time ever glass has been made using green hydrogen as a heat source. That was after an eight-week test run at a factory operated by German glassmaker SCHOTT.
The 2021 Foreign Direct Investment Confidence Index published by management consultants AT Kearney sees Germany retain its third-placed ranking after the United States and Canada.
The good news came after the container ship “Ever Given” had been stuck in one of the world’s major waterways, disrupting global supply chains, for a week. A team of tugboats, led by the German-made “ALP Guard” finally managed to free the massive shipping vessel, which is roughly the size of New York City’s Empire State Building.
German business newspaper Handelsblatt has reported that energy company Steag is planning to construct a gigantic battery for energy storage in a decommissioned coalmine in the west of the country.
The idea is to better connect medical research with medical treatment. The German Ministry of Education and Research (BMBF) has announced it will invest EUR 100 Million over the ten years to give specialist doctors, who are normally involved in daily practice, more opportunities to carry out research.
The German Ministry of Transport and Digital Infrastructure is launching a new EUR 11 million assistance program for “innovative aerial mobility.”
The German government has begun allocating money under last’s year’s highly touted EUR 10 billion “future fund“ to supercharge VC investment in start-ups and other promising young businesses.