- Jan 09, 2019New record: Fintech raises EUR 1.1 billion in Germany
Investment in Fintech in Germany recorded a staggering 55% year on year growth in 2018, according to results in a study released on Tuesday. Düsseldorf consulting company Barkow’s study, which noted a boosting Q4 of €353bn alone, said that the value of German Fintech investments in 2018 was €1.1bn, the first time the billion-Euro mark had been reached.
- Nov 13, 2018Breakthrough in recycling could meet construction material shortage
In an age of a construction boom, raw materials and supplies thereof are being placed under more and more pressure, while the environmental damage wrought by the leftovers of construction work is growing and growing. Germany’s Fraunhofer institute has worked on a compromise solution to both these problems, in the form of a €3.3m research project over the past three years. The project has yielded promising results.
- Nov 06, 2018Germany’s renewables cover record 38 per cent of consumption
Renewable energies covered 38 per cent of Germany’s gross power requirement in the first three quarters of 2018, according to the Federal Association for Energy and Water (BDEW).
- Nov 01, 2018Berlin gets Siemens‘ Silicon Valley
German engineering giant Siemens has committed to a huge €600m investment in its traditional site in Spandau, a district of Berlin. The investment, named ‘Siemensstadt 2.0,’ covers an area of 70 hectares and will transform the existing Siemensstadt locality into a modern and future-oriented one.
- Oct 01, 2018"Markets Germany" features German Minister of Economics and Energy
The new edition of Markets Germany, economic development agency Germany Trade & Invest’s periodical on Germany’s investment scene released this morning, is led by an interview with Germany’s Minister for Economic Affairs and Energy Peter Altmaier. The interview, spanning a wide range of subjects from Chinese investment practice to the current status of the ‘Made in Germany’ brand, through the future of mobility and the price of energy, headlines the third edition of the magazine this year.
- Sep 05, 2018German startups take on TechCrunch SF
The startup scene in Germany is rising again. After the void left by all those who jumped on the e-commerce bandwagon, it seems now is the time for banking and FinTech to cash in.
- Aug 31, 2018Germany creates Springboard Innovation Promotion Agency
Germany´s federal cabinet has given the go-ahead for a new agency to be created specifically to promote springboard innovations, with medical research, mobility and artificial intelligence given initial priority. The agency will focus on people with a high track record in innovation, allowing them more room to pursue potential disruptive innovations from conception through to implementation (or abandonment).
- Jul 10, 2018Germany clinches investment for huge lithium cell factory
Contemporary Amperex Technology Ltd. (CATL) founder Dr. Robin Zeng and Thuringia’s Minister for Economic Affairs Wolfgang Tiefensee signed an investment agreement on Monday, for the set-up of a lithium cell factory in the former eastern German state, under the eyes of German Chancellor Angela Merkel and Chinese Premier Xi Jinping. CATL’s €240m investment will result in one of the largest lithium cell factories in Europe, creating some 600 jobs in the region over the next four years.
- May 31, 2018German study shows grave EU trade consequences for Brexit Britain
A study from German federal economic development agency Germany Trade & Invest (GTAI) has painted a grim post-Brexit picture for Britain’s foreign trade.
- May 24, 2018‘Brexit effect’ reflected in Germany’s FDI figures
A potential ‘Brexit effect’ has made itself apparent in Germany’s 2017 foreign direct investment (FDI) figures, with the number of UK investment projects jumping by 21%, according to German economic development agency Germany Trade & Invest (GTAI). Currently, the large share of these projects involves service offices opening, but it will be interesting to see whether production facilities are subsequently set up. Also notable was that the UK was the largest source of merger, acquisition and shareholding [...]