Economy

The exodus of the automotive industry from Germany is accelerating in 2026. Manufacturers and suppliers are shifting the production of […]

Automotive supplier Magna plans to close its plant in Dorfprozelten (Lower Franconia) in mid-2027. Plant management informed the 216 employees

SOWITEC, a wind and solar project developer based in Sonnenbühl, filed for insolvency with the Tübingen Local Court on July

In June 2026, the industrial crisis in the German labor market is intensifying, even though unemployment is falling slightly. The

The change in leadership at the helm of Deutsche Bahn was intended to mark a fresh start, yet so far,

Companies in Germany are barely making any additional net productive investments, even though the government has recently significantly increased its

Pressure is mounting on the CDU, CSU, and SPD in Berlin as the metal industry fears further massive job losses

The tile factory in Leisnig is halting production at the end of June 2026 for the time being, despite having

The CO2 emissions of US tech giants Google and Amazon are rising sharply, putting their climate goals increasingly out of

Lufthansa plans to further scale back its European short- and medium-haul network and withdraw up to 15 aircraft from service

According to a new PwC survey of 150 executives, the crisis in the mechanical engineering sector is intensifying significantly. Only

Covestro is focusing its next major chemical expansion on China and the Persian Gulf. The Leverkusen-based plastics company is planning

In Germany, cement consumption figures from late June 2026 starkly illustrate the severity of the construction crisis. According to the

Within just a few days, job cuts at Volkswagen have escalated into one of Germany’s major industrial crises. In late

The financial plight of many hospitals in Germany is intensifying. The insolvency of the operator of Marienhospital Stuttgart starkly illustrates