Construction is underway. In September, ground was broken for Austrian lighting producer Eglo’s new industrial and logistics center in the eastern German city of Magdeburg.
Location / Regions in Structural Transition
Genting bought shipyards in the northeastern German cities of Wismar, Stralsund and Rostock-Warnemünde and formed a subsidiary called MV-Werften.
The online real estate platform McMakler has attracted 50 million euros in venture capital – a record for a proptech start-up in a single round of financing.
Augmented reality start-up 3DQR has received an infusion of more than EUR 1 million from bmp Ventures and a business angel.
Power company ENBW has announced the construction of what will be Germany’s largest solar energy park. What’s more, the firm is doing this without any help at all from state subsidies.
Mobile communications provider Vodafone has carried out the first-ever remote-controlled test run of a train using 5G technology. The test was carried out at the company’s smart Smart Rail Connectivity Campus in Germany’s central Erzgebirge region.
Three decades ago, the Berlin Wall – the enduring symbol of the Cold War – was opened, and the process of reunifying West and East Germany began. Today the six eastern states are full of success stories and unique business opportunities.
Japanese automation systems company RORZE has established a sales and service location in Dresden, the capital of the state of Saxony.
The Biofabrik company near Dresden converts unwanted plastic into diesel fuel.
Automotive giant Volkswagen has established the think tank “We Campus” with a difference in the heart of Berlin, on Alexanderplatz square.