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  • Jan 15, 2020 Press Release
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    Record Amounts Invested in German Start-Ups

    According to a study carried out by business consulting company Ernst & Young, investment in German start-ups rose by 36 percent year-on-year, reaching 6.2 billion euros in 2019.

  • Jan 14, 2020 Press Release
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    Germany to invest record 86 billion euros in rail modernization

    Germany has pledged to put 86 billion euros into the upkeep and modernization of its railways over the next decade.

  • Jan 09, 2020 Press Release
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    New EV and Hybrid Registrations Way Up in Germany in 2019

    Germany’s Federal Office for Motorized Transportation, the KBA, has published figures showing a massive percentage increase in the use of electric and hybrid vehicles.

  • Dec 18, 2019 Press Release
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    German Construction and Real Estate Enjoying Double-Digit Growth

    The currently unsettled international economic climate seems to be having little to no effect on Germans constructing new buildings and buying and selling existing ones. New figures from the Germany’s Federal Office of Statistics show that German construction companies invested 4.7 billion euros in tangible fixed assets in 2018 – a remarkable increase of 17.4 % over the previous year.

  • Dec 17, 2019 Press Release
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    Germany redoubles efforts to attract qualified foreign workers

    The proverbial champagne corks were popping after Tesla founder Musk enthused “Berlin rocks!” and announced the American carmaker would be setting up shop in the German capital and surrounding state of Brandenburg. Tesla reportedly plans to establish its fourth so-called Gigafactory in the Brandenburg town of Grünheide as well as a design and engineering center in Berlin itself. The project will create an estimated 10,000 jobs and is expected to be up and running by late 2021.

  • Nov 13, 2019 Press Release
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    Germany Welcomes Tesla Gigafactory to Berlin-Brandenburg Location

    The proverbial champagne corks were popping after Tesla founder Musk enthused “Berlin rocks!” and announced the American carmaker would be setting up shop in the German capital and surrounding state of Brandenburg. Tesla reportedly plans to establish its fourth so-called Gigafactory in the Brandenburg town of Grünheide as well as a design and engineering center in Berlin itself. The project will create an estimated 10,000 jobs and is expected to be up and running by late 2021.

  • Nov 08, 2019 Press Release
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    30 Years after Berlin Wall, German East Up to Western Economic Standards

    As Germans prepare to celebrate the thirtieth anniversary of the opening of the Berlin Wall on November 9, 1989, the nation is taking stock of the economic development of that part of the country which used to be behind the Iron Curtain.´Much has been made of economic inequalities between western and eastern Germany, but the data suggests that the two halves of Germany have reached comparability, if not parity.

  • Oct 09, 2019 Press Release
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    Germany Invests Hundreds of Millions in Green Hydrogen

    As part of the Energiewende, Germany’s transition to non-nuclear, sustainable power sources, the Ministry of Education and Research will pump at least 300 million euros more into research on green hydrogen by 2023. 180 million euros in ministry funds were already allocated to such research in the coming years. The new influx of funds comes after the government cabinet approved its draft legislative “climate package.”

  • Oct 08, 2019 Press Release Software
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    German IT Security Spending Reaches All-Time High

    Companies in Germany, as they are around the world, are spending unprecedented amounts to protect their IT infrastructure. That’s the conclusion of a brand new study carried out by the IT market research company IDC and commissioned by Germany’s digital association Bitkom. 2019 expenditures will reach an estimated 4.6 billion euros – a double-figure per-centage increase over 2018, which was itself a record year.

  • Sep 03, 2019 Press Release
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    Germany invests €40bn to transform coal regions

    The German cabinet is putting forward legislation allocating 40 billion euros to help coal-producing regions transition to sustainable economies. The money is earmarked for regions in the states of Brandenburg, Saxony, Saxony-Anhalt and North Rhine-Westphalia, and the law is expected to pass the German parliament by the end of this year.

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