Economy

Herzogenaurach – Schaeffler is cutting around 1,300 additional jobs in Germany. The company is responding to weak automotive markets, high […]

The VDI/IW Engineer Monitor published on August 3, 2026, reports a new record high for Germany. In the fourth quarter

Düsseldorf – A PwC study published in early August 2026 fundamentally calls into question Germany’s multi-billion-euro strategy for green steel.

On July 30, 2026, Altech terminated its Cerenergy project in the Saxon section of the Schwarze Pumpe Industrial Park. The

Germany – As of late July 2026, banks are tightening lending criteria for German automotive suppliers. Declining orders from automakers

Ludwigshafen – Job cuts at BASF accelerated significantly in the first half of 2026. Since the beginning of 2024, the

Böhlen/Schkopau – By late July 2026, the chemical industry crisis in Central Germany is intensifying into concrete industrial downsizing. Dow

The Federal Cartel Office intends to investigate how fuel prices in Germany are determined, but two of the twelve oil

In late July 2026, Munich and Stuttgart are reporting a new setback for the German automotive industry. The automotive crisis

Alzey and Ingelheim – In early June 2026, Eli Lilly and Boehringer Ingelheim significantly cut their investment plans for their

Neustadt bei Coburg is set to lose a long-established toy manufacturer on December 31, 2026. Rolly Toys is ceasing production

Bietigheim-Bissingen – Job cuts at Dürr are affecting around 500 employees worldwide at its subsidiary, BBS Automation. The group announced

Automotive supplier Albert Weber faces the potential closure of three plants in Markdorf, Neuenbürg, and Magdeburg in July 2026. Porsche

Key creditors intend to call in their loans and break up the battery manufacturer, leaving Varta facing collapse. The lenders

Munich, July 22, 2026: Job cuts at O2 will affect up to 1,100 full-time positions in Germany by the end