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Germany Trade & Invest

Dear reader,

in this issue of our newsletter we report on a number of foreign companies’ investment plans. The Chinese telecommunications equipment maker Huawei Technologies plans to invest EUR 400 million by 2018 in Germany-based R&D; GlobalFoundries, one of the world’s largest semiconductor foundries, plans to invest an additional EUR 250 million by 2017 in its Fab1 plant in Dresden; and the Norwegian company Hydro, one of the world’s top suppliers of rolled aluminum products, will invest EUR 230 million in North Rhine-Westphalia by 2016.

No wonder the companies are attracted to Germany: according to recent reports by the Federal Statistical Office (Destatis) and a number of leading economic think tanks, Germany’s economy continues its steady, solid expansion – read the details in our current issues section. We also bring you news about the automotive, renewable energy, and other high-tech-industries, as well as updates on Germany’s outstanding R&D landscape.

I wish you a pleasant read!

Kind regards,

Eva Forinyak

Editor

Berlin, September 2015

Rolled Products Coils | © Norsk Hydro ASA

Major Investments

The Norwegian company Hydro, one of the world’s top suppliers of rolled aluminum products, will invest EUR 230 million in North Rhine-Westphalia by 2016.
Read more
Map of Germany | © GTAI

News from the Federal States

(1) Shanghai Aohua Photoelectricity Endoscope, a Chinese manufacturer of innovative medical devices, has opened its European headquarters in Weinstadt, near Stuttgart.
Read more
The staircase of Ifo Institute | © Ifo Institute

Current Issues

Germany’s economy continues its steady, solid expansion, according to recent reports by the Federal Statistical Office (Destatis) and a number of leading economic think tanks.
Read more
Cover of the brochure | © E&Y

Location

A recent Ernst & Young (EY) study on foreign direct investment (FDI) compared the success of Germany’s 16 federal states and major cities in attracting settlement projects.
Read more
Offshore windpark Dong Energy © Dong Energy

Industry News

Siemens, a market leader in building offshore platforms and wind parks, handed over the fourth North Sea grid connection, HelWin 2, to the German-Dutch transmission grid operator TenneT in June.
Read more
Basket with fair-trade products | © TransFair

News in Brief

Germany is the world’s most dynamic market for Fairtrade-certified products, according to the German Fairtrade organization TransFair.
Read more
The winners of the GreenTec Awards with the presenters | © Greentec Awards

R&D

The winners of the 2015 GreenTec Awards, among Europe’s most prestigious environmental and business honors, were celebrated at a gala event held in Berlin.
Read more

Imprint

Editor: Eva Forinyak | Writer: Josh Ward | Consultant Editor: Daniel Stephens


Publisher


Germany Trade and Invest
Gesellschaft für Außenwirtschaft und Standortmarketing mbH
Headquarters: Friedrichstraße 60 - 10117 Berlin - Germany
office@gtai.com

Germany Trade & Invest is the economic development agency of the Federal Republic of Germany. The company helps create and secure extra employment opportunities, strengthening Germany as a business location. With more than 50 offices in Germany and abroad and its network of partners throughout the world, Germany Trade & Invest supports German companies setting up in foreign markets, promotes Germany as a business location and assists foreign companies setting up in Germany.

Executive Board:
Dr. Benno Bunse, Chairman/CEO
Dr. Jürgen Friedrich, CEO

Registered at Local District Court: Charlottenburg
Registration Number: HRB 107541
www.gtai.com/imprint