Germany is poised for a vigorous economic comeback from coronavirus restrictions, but the business landscape has changed. One of the unexpected winners has been the northeastern port city of Rostock in the regional state of Mecklenburg-Vorpommern.
In 2021 the German-French financial group ODDO BHF has decided to open a location in Saarland`s capital Saarbrücken.
The eastern German regional state of Brandenburg has invested more than EUR 38.5 million in the Center for Hybrid Electric Systems in Cottbus (CHESCO), a new research institution focusing on environmentally friendly short- to medium-haul flight.
Construction is starting at a gas works in Lingen in the Emsland region of northern Germany on a pilot pipeline for transporting hydrogen.
E-sports are booming like never before in Germany and the rest of Europe. Video game tournaments offer electrifying opportunities for sponsorship and brand awareness, so it’s not surprising that international sports players are joining the fray.
Manufacturing, one of the central pillars of the German economy, did not escape the coronavirus pandemic unscathed. But in 2021, Germany’s determined, export-
focused producers and family-run businesses led the country’s economic recovery.
83 percent – that was the increase in registrations of new purely electrical vehicles in Germany last year according to the annual figures released by Federal Motor Transport Authority (KBA).
In business, the eastern German state of Saxony is perhaps best known for its microchip industry – the region is nicknamed “Silicon Saxony.” Its automotive sector, which includes facilities of all Germany’s top carmakers, is also quite prominent. Now, the Saxons want to add a third jewel in the crown: robotics.
Expansions and new businesses of foreign companies in Hessen.
The Federal Statistical Office says that according to initial estimates, German retailers notched up a new record revenue level in 2021.