2022 Marked a Record for German R&D Investments
EUR 121.4 billion was spent in Germany on reasearch and development - more than ever before in a single year.
Your company is already operating in Germany and you would now like to export worldwide?
EUR 121.4 billion was spent in Germany on reasearch and development - more than ever before in a single year.
Germany remains one of the most important business locations for UK companies setting up business operations abroad and the trend continues to be positive. Here we provide answers to the most important questions.
Swedish lithium-ion battery producer Northvolt has broken ground on its new EUR 4.5 billion facility in the northern German city of Heide.
Inventors filed for a new high of 199,000 patents with the European Patent Office (EPO) in 2023. Twelve percent of them came from Germany.
After three years of dramatic price increases, inflation is back at regular levels in Europe’s largest economy.
BMW is investing EUR 650 million to produce electric vehicles in Munich, while Deutsche Bahn and the federal government are spending more than EUR 1 billion in ICE train maintenance. In other news, German researchers are looking at the future of smart mobility infrastructure while groundbreaking battery research work is being done in Dresden.
US pharmaceutical giant Eli Lilly and Company has broken ground on a massive production facility in western Germany.